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[2011-10-31] Vinalines to focus on core business
Vinalines to focus on core business
October, 31 2011
HA NOI — The Ministry of Transport has required the Viet Nam National Shipping Corporation (Vinalines) to restructure its business after the company incurred a huge loss of VND613 billion (US$29.1 million) during the first half of this year.
Vinalines needed to withdraw capital from associate companies in which it owns less than 30 per cent of charter capital in order to muster up all capital for its core business, Minister Dinh... |
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[2011-10-28] Breakfast @ Tuoitrenews – October 28
Breakfast @ Tuoitrenews – October 28
October, 28/10/2011
Politics
-- The seventh Heads of Asia Coast Guard Agencies Meeting (HACGAM-7) aimed at “Boosting practical cooperation, sharing information, security and safety at sea” concluded Thursday in Hanoi. Seventeen leaders from the marine police forces of 17 Asian countries and territories have agreed cooperation is a foundation for building their own capacity at present and in the future.
-- State President Truong Tan ... |
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[2011-10-28] Co Tu ethnic people harvest their fields
Co Tu ethnic people harvest their fields
October, 28/10/2011
The Co Tu ethnic people of Quang Nam Province are now harvesting their golden rice fields.
The local Co Tu people have a long-standing tradition of growing rice.
In Autumn, local girls use their hands to pluck paddy grains directly off the crop ears and then put them into their papooses or they cut down the ears and then arrange them into piles. After that, the men use wood bars to separate rice grains from the ears.
After that... |
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[2011-10-28] Strikes cost Qantas US$70 million: airline
Strikes cost Qantas US$70 million: airline
October, 28 2011
Months of rolling strikes have cost Australian flag carrier Qantas Aus$68 million ($70 million), far more than the damage wrought by the grounding of flights by recent volcanic ash clouds.
In addition, the lingering uncertainty around the carrier's flight schedules is causing a revenue loss of Aus$15 million per week for the embattled airline, Qantas said during its annual general meeting in Sydney. Action by the pilots', engine... |
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[2011-10-27] Apartments foist telecom services on residents
Apartments foist telecom services on residents
October, 27 2011
Residents living in Ho Chi Minh City apartments complain building managers do not allow them to choose their own telecom operators, an action that violates Vietnam’s telecom laws.
A resident living in SREC (Saigon Real Estate Company) apartment building in District 3, who did not want to be named, told Tuoi Tre that she and her neighbors are forced to use internet and other telecom services designated by the buildi... |
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[2011-10-27] Ministry tightens control over online gaming
Ministry tightens control over online gaming
October, 27 2011
Online game providers in Vietnam will be required to restrict online gamers to just three hours a day of game-play.
The Ministry of Information and Communications is compiling a draft decree on the tighter control of online gaming to be submitted to the Government.
Under the draft decree, a player will not be permitted to use game services of individual providers for more than three hours per day.
The game providers are not al... |
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[2011-10-27] Despite big difficulties, banks still obtain satisfactory profits
Despite big difficulties, banks still obtain satisfactory profits
October, 27 2011
VietNamNet Bridge – Most commercial banks were hesitant when setting up high goals for the business plan in 2011 earlier this year. However, despite the big challenges, they now can be sure that the profits this year would be satisfactory.
The big challenges appeared right at the beginning of 2011, when banks had to raise the deposit interest rates in order to attract more depositors in the context of hig... |
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[2011-10-26] Breakfast @ Tuoitrenews – October 26
Breakfast @ Tuoitrenews – October 26
October, 26 2011
Tuoitrenews briefs some of salient news published today, October 26, on Vietnamese media:
Society:
-- The giant 80kg tumor on the right leg of 31 year old Nguyen Duy Hai living in Da Lat central highlands city, is scheduled to be removed in an operation on November 8 in which professor McKay McKinnon, an American physician specializing in plastic surgery, will be the main surgeon, according to Le Hoang Minh, Director of ... |
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[2011-10-26] Gold fever sparks commune AIDS epidemic
Gold fever sparks commune AIDS epidemic
October, 26 2011
Up to 90 people in Minh Luong Commune, Van Ban District, Lao Cai Province, were recorded as living with HIV/AIDS by late September this year.
According to unofficial statistics from the district’s Preventive Medicine Centre, among those, 48 died of AIDS, including several young couples, leaving orphaned children behind.
Nguyen Van Nghia, Director of the district Health Department, said the real number of people living with ... |
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[2011-10-26] Monthly inflation rise held to 0.36%
Monthly inflation rise held to 0.36%
October, 26 2011
The consumer price index (CPI) saw a month-on-month rise of just 0.36 per cent in October, the General Statistics Office (GSO) reported. "This is the lowest monthly rise since the beginning of the year. In addition, it is the third month this year that the CPI rise has been below 1 per cent," the GSO said. October's CPI rise was 21.59 per cent up on the same month last year. In the first 10 months of 2011, the CPI rose 17.05 per cent a... |
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[2011-10-25] Congested Ho Chi Minh City eyes river transport
Congested Ho Chi Minh City eyes river transport
October, 25 2011
Ho Chi Minh City hopes to tap the transport potential of its 8,000 km of rivers and canals, and the administration has ordered the Department of Transport to take a look at the “river bus” project proposed by a local firm. The Binh Thanh District-based Daily Co Ltd’s proposal should be considered and a final project should be submitted to the people’s committee for approval by December 31 this year, i... |
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[2011-10-25] Vietnam highly vulnerable to climate change
Vietnam highly vulnerable to climate change
October, 25 2011
Experts say that if the sea level rises by just one metre, the damages to Vietnam and it's economy would equal 10% of the GDP
“Vietnam is among countries hardest hit by climate change in the world. Its Mekong Delta region is one of three lowlands worldwide that are most seriously affected by the sea water rise,” said Dr. Tran Thuc, Director of the Vietnam Institute of Meteorology, Hydrology and Environment (IMHEN), a... |
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[2011-10-25] Foreign investors now hesitant to inject their money in Vietnam’s stock market
Foreign investors now hesitant to inject their money in Vietnam’s stock market
October, 25 2011
VietNamNet Bridge – Foreign investment funds believe that the Vietnamese stock market still won’t be able to attract foreign capital in the time to come, since investors have worry about the macro economy.
Kevin Snowball from PXP Asset Management said that the Vietnamese economy is now gloomy with high interest rates and high inflation. The moves taken by the government so far thi... |
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[2011-10-25] Hanoi Telecom plans to acquire EVN 3G network
Hanoi Telecom plans to acquire EVN 3G network
October, 25 2011
Hanoi Telecom Corp, an owner of Vietnammobile, has submitted a proposal to the Prime Minister to purchase 3G broadband and network infrastructure from the faltering EVN Telecom.
EVN Telecom's entire fibre-optic infrastructure system and its other telecommunications infrastructure should be handed over to other major groups to be exploited more effectively, the company suggested in its proposal. If approved, the deal will crea... |
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[2011-10-24] Breakfast @ Tuoitrenews – Oct 24
Breakfast @ Tuoitrenews – Oct 24
October, 24/10/2011
Tuoitrenews briefs some of salient news published today, Oct 24, on Vietnamese media:
Politics:
A congress was held at the Viethaus (Vietnam House) in Berlin on last Saturday to set up the Union of Vietnamese People in Germany with the participation of 160 delegates from the Associations of Vietnamese People across Germany.
Most Venerable Thich Thanh Tu, Permanent Vice President of the Vietnam Buddhist Sangha (VBS)’s Exe... |
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