HCM City to settle land dispute at North Phuoc Kien residential area
HCM City to settle land dispute at North Phuoc Kien residential areaHCM City authorities are seeking help from the Ministry of Natural Resources and Environment to resolve a conflict between a property developer and households refusing to move to make way for a residential complex in the North Phuoc Kien residential area in the outlying district of Nha Be. Some of the households living on land in the proposed North Phuoc Kien Residential Area, reached an agreement in mid-March on a compensation rate from the property developer Quoc Cuong Gia Lai Joint Stock Company. City authorities have urged Nha Be District People’s Committee to review local households’ land-use certificates in the disputed area. Covering 93ha, the North Phuoc Kien residential area, which is the third phase of the Phuoc Kien residential area project, is under site clearance. Land transfer disputeIn a related issue, Quoc Cuong Gia Lai company has another project in Phuoc Kien in Nha Be District involved in a scandal related to the transfer of land.
Source:VietNamNet News
May 02, 2018 03:33 UTC
Draft of amended Law on Education raises concerns
Draft of amended Law on Education raises concernsProposals for draft amended Law on Education by the Ministry of Education and Training (MoET), especially regulations on private nurseries, are raising concerns among the public, including parents and nursery school teachers. Amendments to the Law on Education by the Ministry of Education and Training on private nurseries has raised concerns among parents and teachers. Speaking with Vietnam Education online newspaper, Nguyen Kim Quy, doctor of psychology from Hanoi Teachers’ Training College, also expressed concerns over the adjustment to the number of children in a private class. They needed both care and education, adding that they were not active in personal hygiene activities, Quy said. “It is necessary for the MoET to review and rectify the State management of preschool education,” said Minh.
Source:VietNamNet News
May 02, 2018 03:00 UTC
HCM City promotes new farming cooperative model
HCM City promotes new farming cooperative modelHCM City is giving priority to developing a collective economic model particularly cooperatives over the current model of farmer households. With the current household-based production model, farmers have no capital to expand production or apply technology to post-harvesting and processing. SolutionsAmong the available farming models, the cooperative model is considered to be the most suitable. “Many countries have shown that the cooperative model can help farmers solve their limitations,” HCM City Party Secretary Nguyen Thien Nhan said at a recent workshop. The vice chairman of the city People’s Committee, Le Thanh Liem, said: “The cooperative model is a must for farming production under a market economy.”A recent survey found that after joining a cooperative, farmers saw their turnover increase 1.1 times and profit 1.35 times.
Source:VietNamNet News
May 02, 2018 03:00 UTC
Gallery showcases sovereignty over offshore island
Gallery showcases sovereignty over offshore islandThese days many eyes are on the Hoang Sa exhibition house in the central city of Da Nang. The venue is home to historical documents, objects and images on Vietnam’s Hoang Sa (Paracel) archipelago. The construction is designed as an adaption of the seal for Vietnamese sovereignty under the Nguyen Dynasty to represent the connection between the past and present, while reaffirming that Vietnam has established and exercised its sovereignty over the archipelago, at least from the rule of the Nguyen Lords. Its central area features a replica of Hoang Sa Archipelago’s sovereignty column, which was built in 1938 by the French. The 200-page book under Qianlong dynasty affirms that Hainan Island is China’s southernmost point.
Source:VietNamNet News
May 02, 2018 02:15 UTC
FDI disbursement up, inflow of capital down
FDI disbursement up, inflow of capital downViet Nam’s foreign direct investment (FDI) disbursement continued a positive trend in the first four months of 2018 while there was a reduction in the registered FDI capital. Meanwhile, Viet Nam attracted a total registered FDI capital of $8.06 billion in the first four months, or 76.1 per cent of that in the same period in 2017. Of this, the manufacturing and processing sector attracted the largest FDI, with a total registered capital of $4.52 billion, accounting for 56.1 per cent of the total investment. Japan ranked second, with a registered capital of approximately $1.29 billion, accounting for 16 per cent of the total investment. Mai also said that it is necessary to improve the quality of FDI, linking FDI and local private enterprises in the global value chain.
Source:VietNamNet News
May 02, 2018 01:30 UTC
Vietnam incurs losses from pollution from agricultural production
Vietnam incurs losses from pollution from agricultural productionVietNamNet Bridge - Soil, water and air pollution have increased as a result of agricultural production growth in the last few decades. Soil, water and air pollution have increasedAgricultural production is both the culprit and victim of pollution. A report from the agriculture ministry in 2016 showed that in the last 20 years, the amount of fertilizer used in agricultural production increased by 4-5 times. According to one report, every person has 1.2 hectares of land for agricultural production on average, but in Vietnam, the figure is 0.1 hectare per head. It is estimated that half to two-thirds of fertilizer used is wasted, while abuse has caused a threat to people and the environment.
Source:VietNamNet News
May 02, 2018 00:45 UTC
Vietnam education can take off only if biased treatment ends: experts
Vietnam education can take off only if biased treatment ends: expertsVietNamNet Bridge - Analysts say that discriminatory treatment is hindering the development of Vietnam education. Most students want to enroll in state-owned schools which have classes of 50-60 students, while teachers prefer working for state-owned schools, accepting pay of hundreds of millions of dong. One of the reasons is that state-owned schools receive big financial support and enjoy preferences, while private schools do not. Most students want to enroll in state-owned schools which have classes of 50-60 students, while teachers prefer working for state-owned schools, accepting pay of hundreds of millions of dong. “Maybe the education department fears that private schools will lure all students from well-off families and have better student quality,” she said.
Source:VietNamNet News
May 02, 2018 00:22 UTC
Facebook F8: Zuckerberg's dating service takes on Tinder
Facebook F8: Zuckerberg's dating service takes on TinderFacebook's chief has said that 2018 has been an "intense year" for his firm.But Mark Zuckerberg also took the opportunity to unveil a dating service among other new products at his firm's annual F8 developers conference in San Jose, California. "There are 200 million people on Facebook who list themselves as single," said Mr Zuckerberg. The firm owns Tinder, a dating app that sources its profile information from Facebook. Mr Zuckerberg also announced that video chat and new augmented reality filters were coming to its photo-sharing Instagram app. "One of the things I'm most proud of is we've built the largest, fully encrypted network in the world," Mr Zuckerberg said.
Source:VietNamNet News
May 01, 2018 22:30 UTC
Unique music buffet offered at Hue Festival 2018
Unique music buffet offered at Hue Festival 2018Foreign artists devoted their unique performances to entertain audiences at An Dinh Palace on April 30 as part of the ongoing Hue Festival 2018 in the central province of Thua Thien-Hue. An art performance at Hue FestivalThousands of rock fans had a frenetic night with songs in the debut album of France’s rock band Lysistrata. Meanwhile, Mongolian artists brought their epics (Mongolian tuuli) – UNESCO-regconised Intangible Cultural Heritage - traditional dances and music to the festival. Themed “Cultural Heritage with Integration and Development: Hue - One Destination, Five World Heritage”, the Hue Festival 2018, the 10th of its kind, are taking place from April 27 to May 2. Not only in Hue city, this year’s festival is also being held in villages.
Source:VietNamNet News
May 01, 2018 17:15 UTC
Eximbank embattled after scandals
Eximbank embattled after scandalsEximbank is facing an uphill battle to regain the trust of its shareholders and depositors, following a series of embezzlement and fraud scandals. Eximbank has lost a great deal of trust from customers and shareholders, as some demand the board to step downLoss of reputationAt last week’s annual general shareholders meeting, shareholders of Eximbank expressed their disappointment at the bank’s recent crises. The expert hoped to see new board members using their expertise and skills to bring Eximbank back to its former glory. Inter-bank dramaLast week’s meeting at Eximbank was also shrouded in drama related to its board members. At last week’s meeting, Eximbank also gave updates on its divestment from commercial lender Sacombank, as it was instructed by SBV to reduce cross-holdings in the banking sector.
Source:VietNamNet News
May 01, 2018 16:52 UTC
Proposed Van Don zone rakes in cash
Proposed Van Don zone rakes in cashThe proposed Van Don Special Administrative-Economic Zone in the northern province of Quang Ninh, with the tourist magnet of Halong Bay, is receiving great investments into property and infrastructure projects. The proposed incentives are making Van Don on the radar of infrastructure and real estate developers. Along with Van Don International Airport invested in by one of the country’s leading property developer Sun Group and slated to be completed in October this year, Van Don would be connected by a highway linking it to the cities of Haiphong and Halong, as well as Cai Net-Con Ong Seaport. Meanwhile, Jonathan Hanh Nguyen’s Imex Pan Pacific, specialised in luxury brands and airport-based fashion, wine, and duty free shops, is also eyeing Van Don with an expected investment capital of $440 million. According to the first-quarter report of the Vietnam Association of Realtors (VARS) 800 land transactions were recorded in the first three months of this year in Van Don.
Source:VietNamNet News
May 01, 2018 16:46 UTC
ACV suffers bitter losses from Viethaus project
ACV suffers bitter losses from Viethaus projectIrrational calculations at its largest outbound investment project, Viethaus, have brought remarkable losses to ACV, Vietnam’s largest airport operator. The Viethaus project was mired down in difficulties from the startThe Government Office has collected comments from the ministries of Foreign Affairs, Finance, and Planning and Investment on how to deal with the Viethaus project based in Berlin (Germany) of Airports Corporation of Vietnam (ACV). According to the Government Inspectorate, by the end of 2015, Viethaus project’s cumulative losses came to EUR13.4 million ($16.4 million). After three revisions, the project reported EUR9.41 million ($11.5 million) in total investment capital, of which the investors contributed EUR2.63 million ($3.2 million) (Sasco contributed $934,100 and Global Telecom $2.28 million). “Satsco is negotiating to close the cooperation deal with Sasco at the Viethaus project,” a source from ACV revealed.
Source:VietNamNet News
May 01, 2018 16:18 UTC
Almost 51,000 people visit President Ho Chi Minh Mausoleum
Almost 51,000 people visit President Ho Chi Minh MausoleumThe President Ho Chi Minh Mausoleum welcomed nearly 51,000 visitors, including 11,500 foreigners during holidays in celebration of the 43rd National Reunification Day (April 30) and International Workers’ Day (May 1), according to the mausoleum’s management board. People visit President Ho Chi Minh MausoleumDuring the holidays, the management board has coordinated with units in the Ba Dinh Historical-Cultural Relic Complex, and authorised agencies of Hanoi to well serve domestic and foreign visitors. The Ho Chi Minh Mausoleum is an important landmark of Hanoi capital city and stands integrated to the political and social history of Vietnam. After his death on September 2, 1969, President Ho Chi Minh was embalmed and put for view in this granite mausoleum. The mausoleum, modelled after Lenin's tomb in Moscow, was built in two years, from 1973 to 1975, with materials donated by people from all over the country.-VNA
Source:VietNamNet News
May 01, 2018 11:26 UTC
Feast of fireworks lights up Da Nang's night sky
Feast of fireworks lights up Da Nang's night skyThe Da Nang International Fireworks Festival (DIFF) 2018, themed “The Legends of Bridges”, kicked off on the banks of the Han River in the evening of April 30. Addressing the opening ceremony, Chairman of the People’s Committee of Da Nang city Huynh Duc Tho said the DIFF is a pride of Da Nang. Teams Da Nang of Vietnam and Surex Firma Rodzinna of Poland were the first to show their fireworks in the festival on April 30. Apart from the overall theme “The Legend of Bridges”, each of the fireworks nights also takes its own theme, namely Love, Time, Happiness, Desire, and Friendship. The firework display of Da Nang team of VietnamThe firework display of Da Nang team of VietnamThe foreign teams are from Poland, France, the US, Italy, Hong Kong (China), Sweden, and Portugal.
Source:VietNamNet News
May 01, 2018 10:41 UTC
From Doi Moi reforms to Vietnamese billionaires
From Doi Moi reforms to Vietnamese billionairesAfter more than 30 years of Doi Moi, the Vietnamese economy has begun to see its own local billionaires who while contributing to national development, are in need of a facilitating environment to continue prospering. However, the private economic sector is now finding it difficult to grow further. “Other billionaires like him also do not want to be termed ‘billionaires,’ though they have contributed to society. However, other statistics suggest that the number of Vietnamese billionaires may be higher. However, in Southeast Asia, the number of Vietnamese billionaires remains smaller than those in Thailand, Singapore, Indonesia, the Philippines, and Malaysia.
Source:VietNamNet News
May 01, 2018 10:18 UTC