Vietnam boosts defence partnership with UK, Israel, South Africa
Vietnam boosts defence partnership with UK, Israel, South AfricaDeputy Defence Minister Seninor Lieutenant General Nguyen Chi Vinh hosted a reception for UK Ambassador to Vietnam Giles Lever in Hanoi on May 28, during which he highlighted major strides in bilateral defence cooperation. He noted that defence relations between Vietnam and the UK have grown on par with their strategic partnership. He hoped bilateral defence cooperation will thrive further through high-level delegation exchanges and deputy ministerial defence policy dialogue. The same day, Deputy Defence Minister Vinh received Israeli Ambassador to Vietnam Nadav Eshcar, who described defence relations as an important factor to enhance bilateral rapport. This will help reinforce the bilateral defence partnership in line with the sound relations between Vietnam and South Africa, he added.-VNA
Source:VietNamNet News
May 29, 2018 04:18 UTC
Ministry of Public Security proposes measures to curb child sexual abuse
Ministry of Public Security proposes measures to curb child sexual abuseThe Ministry of Public Security have proposed measures to deal with the sharply-rising child sexual abuse in Vietnam, including the launch of hotlines and email contact points, to provide legal consultation and assistance to victims. Child sexual abuse on the rise in Vietnam (Illustrative photo)According to the ministry, child sexual abuse has been on the rise across the country, with many cases remaining unreported. Meanwhile, most child sexual abuse offenders are relatives and acquaintances of victims’ families. The Ministry of Public Security has recommended the launch of hotlines and emails to receive the public’s report on child sexual abuse cases as well as provide legal consultation and assistance to victims. The Ministry of Public Security will tightly co-operate with the Ministry of Labour, Invalids and Social Affairs, the Vietnam Women’s Union and Ho Chi Minh Communist Youth Union to address child abuse cases.
Source:VietNamNet News
May 29, 2018 04:16 UTC
Two whales stranded on Quang Ngai beach
Two whales stranded on Quang Ngai beachTwo whales have been stranded in separate incidents on a beach in the central province of Quang Ngai’s Binh Son District over the past five days. The 300-kilo whale stranded on Quang Ngai beach on May 27On May 27, fishermen in Le Thuy Village, Binh Tri Commune detected three whales near the beach. The 2.5-metre whale weighed more than 300 kilos. This was the second whale found on the beach in Binh Son District in the past five days. Earlier on May 23, fishermen in Binh Thuan Commune, Binh Son District discovered a three-metre long whale that weighed 350 kilos.
Source:VietNamNet News
May 29, 2018 04:07 UTC
Exhibition marks 70 years of patriotic emulation
Exhibition marks 70 years of patriotic emulationVietNamNet Bridge – A photo exhibition opened yesterday on Hanoi’s Trang Tien Street to mark the 70th anniversary celebration of President Ho Chi Minh’s June 11, 1948 appeal for patriotic emulation. The event marks the 70th anniversary celebration of President Ho Chi Minh’s June 11, 1948 appeal for patriotic emulation. — VNA/VNS PhotosTran Thi Ha, head of the CCER, said that in the past 70 years, the movements of patriotic emulation have encouraged Vietnamese people to overcome challenges and fulfill their tasks towards socio-economic development. Nurturing the youth: President Ho Chi Minh with outstanding students from the Trung Vuong Primary School on May 19, 1958. To encourage the nation to contribute to the revolution, President Ho Chi Minh made an appeal for patriotic work emulation on June 11, 1948.
Source:VietNamNet News
May 29, 2018 03:56 UTC
Arboreal garage
Arboreal garageFor the last 25 years, Ho Minh Tam – a resident of Tuong Hiep Binh Ward, Thu Dau Mot City in southern province of Binh Duong – has kept his motorbike in a special garage: an aged tree in his garden. The tree roots have held the motorbike tighter and tighter ever since he leaned it against the tree years ago, when he started selling duck soup in his garden and wanted more space for his business. Tam said that at that time, the motorbike could run well but his family did not use it. He leaned it on the tree day after day and then, some small roots appeared and grasped the motorbike. Some people are willing to pay VNĐ80-90 million (US$3,500-3,900) for the tree and the motorbike but Tam refuses to sell it.
Source:VietNamNet News
May 29, 2018 03:45 UTC
BUSINESS IN BRIEF 29/5
The ASEAN group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam. Nguyen Duc Thanh, Director of the Viet Nam Institute for Economic and Policy Research (VEPR) said through the report, Viet Nam gets an insight into ASEAN and the Northeast Asian countries - China, Japan and the RoK. "Bridging ASEAN" was hosted by Standard Chartered Bank in collaboration with the Malaysian Business Chamber Viet Nam and Singapore Business Group. The seminar attracted more than 100 business executives from Viet Nam and other countries. That’s the message from Ho Nghia Dung, chairman of Viet Nam Steel Association (VSA) after the US Department of Commerce (DoC) decided to levy import tax on steel produced in Viet Nam using Chinese-origin substrate.
Source:VietNamNet News
May 29, 2018 03:12 UTC
New committee to manage capital at 20 SOEs
New committee to manage capital at 20 SOEsThe scale of State-owned enterprises controlled by the State Capital Management Committee is less than the initial plan, according to the latest draft of the decree on the functions, tasks and organisational structure of the committee. Under the draft, the committee would manage State-owned capital at 20 corporations, instead of 21 as initially proposed a few months ago. The Central Institute for Economic Management (CIEM) - the agency that has directly compiled the draft of the decree - said this committee would be the State representative at 20 State-owned corporations. Those corporations have a total State-owned capital of VND821 trillion (US$36 billion) and a total value of assets at over VND1.5 quadrillion. Those figures are equal to 50 per cent of the State-owned capital and the total value of assets at the wholly State-owned enterprise sector.
Source:VietNamNet News
May 29, 2018 03:11 UTC
Ride-hailing sector competition throwing sparks
Ride-hailing sector competition throwing sparksThe race for market share in the Vietnamese ride-hailing sector has just entered a new phase with the arrival of big players like Go-Jek, Aber, and MVL. Igniting a new raceAccording to newswire DealStreetAsia, Go-Jek will initially offer ride-hailing services in Thailand, Vietnam, Singapore, and the Philippines, with plans to add additional services later. In Vietnam, Go-Jek selects Go-Viet as its partner to invest in technology and professional training. Once Go-Jek officially starts operations in Vietnam, it is expected to become a heavyweight in the ride-hailing market. According to the report of Temasek (Singapore), the Southeast Asian ride-hailing market will be valued at $20 billion in 2025, seven times higher than the existing value.
Source:VietNamNet News
May 29, 2018 03:11 UTC
Painting by Vietnamese artist sold for record price
Painting by Vietnamese artist sold for record priceA silk painting by Vietnamese master artist Nguyen Phan Chanh (1892-1984), one of the leading painters of Vietnamese contemporary fine arts, was sold at over US$853,000 (HKD$6.7 million) at an auction by Christie’s Hong Kong on Sunday. Child with Bird, silk, 1931, by Nguyen Phan Chanh, has just been sold at over US$853,000. This is the highest price for a painting by any Vietnamese artist sold by the auction house and in the world. On May 26, another painting by the same artist, The Snail Seller, was sold for US$600,000 (HKD$4.66 million) at Christie’s Hong Kong. He tried his hand at silk painting with the encouragement of his college rector, Victor Tardieu (1870-1937).
Source:VietNamNet News
May 29, 2018 03:00 UTC
HCMC police arrest suspect in theft of diplomat’s necklace
HCMC police arrest suspect in theft of diplomat’s necklaceThe HCM City police announced Sunday evening that they have arrested a man suspected of snatching a necklace from a Russian diplomat three months ago. Vo Ngoc Phi was arrested on Sunday for allegedly snatching a necklace from a Russian diplomat in HCM City. - Photo courtesy of HCM City Policebrowser not support iframe. Long An Province resident Vo Ngoc Phi, 27, was taken into custody for allegedly snatching a necklace from Dmitrii Alekseev on January 17, 2018. The police released the clip to the public last Friday and arrested the suspect two days later.
Source:VietNamNet News
May 29, 2018 02:48 UTC
Sugar producers seek help against corn syrup imports
Sugar producers seek help against corn syrup importsA group of sugar producers has asked for Government intervention as the industry struggles to compete with corn syrup imports. The Vietnam Sugarcane and Sugar Association (VSSA) asked the Government to intervene in adjusting tax incentive policies on imported High-Fructose Corn Syrup (HFCS), or liquid sugar extracted from corn, to create a fair playing ground with locally-produced sugarcane products.The association also asked the Ministry of Industry and Trade to consider investigating the possibility of applying special safeguard methods on HFCS.The recommendations were released as sugarcane businesses face challenges in the level of consumption of local sugar products as well as pressure from competition posed by increasing imports of HFCS products into the country, which they say cause serious damage to the domestic sugar industry.According to a report from the Vietnam General Department of Customs, the volume of imported HFCS dramatically accelerated between 2015 and 2017, with imports in 2017 totalling 89,343 tonnes, up 31.7 percent from 2015.These were mainly imports from China and the Republic of Korea, representing more than 90 percent of total output and import value.HFCS is much cheaper than local sugar, and prices are expected to decline further due to improvements in production technology. In 2015, the price of white sugar was 630 USD per tonne compared to 496 USD per tonne of HFCS. In 2017, it was 702 USD and 398 USD per tonne of sugar and HFCS, respectively.The difference between the average selling price of HFCS and sugar has remained high through recent years, increasing by 21.26 percent in 2015, 36.63 percent in 2016 and 43.3 percent in 2017.VSSA Chairman Pham Quoc Doanh said given this difference in prices, HFCS poses a major challenge to the domestic sugarcane industry.Doanh said HFCS enjoyed a preferential import tax rate of zero percent and no quota impositions, while preferential tariffs on sugar under quota stood at 5 percent, and tariffs on non-quota white sugar and raw sugar were 85 percent and 80 percent, respectively.In addition to damaging sugar production in the country, he said the inconsistent application of tax policies between sugar and HFCS products has caused damage to the State budget.“If HFCS is seen as similar to sugar made from sugarcane, the import tax rate should be similar, not discriminatory,” Doanh said. “The level of incentive import duty imposed on HFCS must be at the level applied on sugar.”-VNA
Source:VietNamNet News
May 29, 2018 02:15 UTC
Will foreigners be allowed to buy condotels?
Will foreigners be allowed to buy condotels? VietNamNet Bridge - Some experts have proposed allowing foreigners to buy condotels in Vietnam to attract the foreign cash flow. The HCMC Real Estate Association, has sent a document to PM and relevant ministries, proposing to allow foreigners to buy condotels to improve the liquidity of condotels, mobilize more capital, and facilitatetourism development. Meanwhile, other experts disagree and say that most condotels are located in coastal areas, and if Vietnam allows foreigners to buy condotels, it will be like allowing foreigners to own Vietnam’s coastline. “If allowing foreigners to buy condotels, it’s a must to say clearly which areas they can buy,” Hoi said.
Source:VietNamNet News
May 29, 2018 01:18 UTC
HCM City: will $5 billion drive floods away?
HCM City: will $5 billion drive floods away? Money has gone, but floods have stayedHCMC has spent trillions of dong to implement many large projects and hundreds of small projects to prevent floods. In the last few years, the money was used to implement anti-flood projects in the central area, 550 square kilometers large. However, the municipal authorities still said it needed VND73.379 trillion more to implement anti-flood projects under Program 752 and Program 1547. In the last few years, the money was used to implement anti-flood projects in the central area, 550 square kilometers large.
Source:VietNamNet News
May 29, 2018 01:18 UTC
40 civil servants resign, Da Nang’s talent program fails
40 civil servants resign, Da Nang’s talent program failsVietNamNet Bridge - Forty people in Da Nang’s high-quality human resources development program (Program 922) have refused jobs offered to them. Da Nang tries to attract talentsBy May, 93 people had quit Program 922 for “talents”, while 40 had resigned from their posts because of bad health or family reunion. Da Nang is the first locality in the country running training programs to develop high-quality human resources for the city’s state agencies. As of April 18, 2018, the city had sent 647 people to training courses under Program 922 which aims to produce 100 masters and PhDs. Da Nang withdrew the petition in 11 cases as the people involved had completed the reimbursement after the case went to trial.
Source:VietNamNet News
May 29, 2018 00:45 UTC
LA basketballer to visit HCM City
LA basketballer to visit HCM CityBasketball player Danilo Gallinari, who plays for the Los Angeles Clippers team, will travel to HCM City to participate in the Junior NBA Việt Nam from June 22-24, according to the National Basketball Association (NBA). Danilo Gallinari, a player for the Los Angeles Clippers basketball team, will travel to HCM City to participate in the Junior NBA Việt Nam from June 22-24, according to the announcement of the National Basketball Association (NBA). Born in Italy, he is one of 108 international players from a record 42 countries and territories who were on opening-night rosters for the 2017-18 NBA season. Gallinari averaged 15.3 points, 4.8 rebounds, and 2 assists per game in his first season with the Los Angeles Clippers. Gallinari will help coach 64 boys and girls selected from Regional Selection Camps in Hà Nội and HCM City.
Source:VietNamNet News
May 29, 2018 00:00 UTC