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Old July 21st, 2007, 05:03 PM   #321
lacailacai
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Southeast Asia’s Biggest Cable Factory Opens in VN

The biggest cable factory in Southeast Asia, the Taihan-Sacom joint venture plant in Dong Nai Province’s Long Thanh Industrial Park, was inaugurated yesterday.


The telecommunication cable production line of the Taihan-Sacom Company

The new facility makes power, optic and telecommunication cables along with copper and aluminum rods.

The first medium and high-voltage power cables for local sale and export were produced on the inauguration day.

The US$40-million plant occupying 15 hectares employs more than 600 people and can turn out 25,000 tons of power cable and 6,000 tons of telecommunication cable per annum.

It also has workshops to cast and roll 6,000 tons of bronze and 20,000 tons of aluminum per year.

The TSC joint venture between South Korea’s Taihan and the Vietnamese listed firm Cable and Telecommunication Materials (Sacom) has chartered capital of US$28 million. Taihan, one of South Korea’s leading cable producers, holds a 70 per cent stake.

(source SGGP)
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Old July 22nd, 2007, 12:50 PM   #322
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Vietnam aquatic biotechnology to reach SE area level in 2020

The Prime Minister has issued decision 97/2007/QĐ-TTg concerning the development and application of aquatic biotechnology through 2020.

Accordingly, the project’s purpose is high productivity and quality aquatic breeding research, after-harvest technology application and research, and increasing the rate of aquatic products processed by biotechnology in order to become more competitive.

Through 2020, Vietnam aquatics must obtain a level equal to the Southeast area and establish small and medium biotechnology businesses networks to serve disease prevention, aquaculture and processing. The aquatic industry has to guarantee 100% high quality aquatic breeding demand corresponding to other ecological areas.

(HCM City, July 19, 2007)
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Old July 23rd, 2007, 10:07 PM   #323
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lacailacai,
If I'm just reading from everything you've posted so far... everything in VN seems to be so rosy!!! Any bad news you missed
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Old July 24th, 2007, 02:16 AM   #324
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High imported steel ingot leads to steel price hike



Steel price rose to around 2 million VND per tonne from the end of 2006 due to the increasing prices of imported steel ingot, energy and transportation, said the Viet Nam Steel Association (VSA).

In an official dispatch sent to the Ministry of Finance on July 20, the VSA said that the price of imported steel ingot rose from 389 USD per tonne in 2006 to 513 USD per tonne in June 2007.

The VAS said that steel producers are required to reduce production costs and dependence on imported steel ingot to stabilize price on the local market.

Locally manufactured steel ingot is expected to meet almost half of the domestic market’s demand this year and the proportion is expected to reach up to 80 percent when more steel ingot plants are put into operation, said the VSA.

Source: Vietnam Agency
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Old July 24th, 2007, 02:17 AM   #325
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Vietnam to have new banks by year end



It is expected that operation licenses will be given to one or two banks by the end of the year, which will be established in accordance with the new laws.

From July 20, 2007, the institutions and individuals that can meet the requirements of financial situation and corporate governance will be able to apply to the State Bank of Vietnam for setting up new banks.

The regulation on licensing banks and stipulating the operation of joint stock banks was published on the official gazette on July 5, thus making the regulation effective as of July 20, 2007, or 15 days after it was available on the official gazette. The regulation sets new strict requirements on financial capability, sources of capital contribution, governance and management skills.

In order to be licensed right in 2007, investors must have at least VND1tril ($62.5mil), which must be sourced from shareholders’ contributions, not from loans.

According to Kieu Huu Dung, Director of the Department for Banks and Non-bank Credit Institutions under the State Bank of Vietnam, nearly 30 applications have been made to the central banks prior to the date the new regulation came into effect, and 20 of them have applied again after the new regulation became valid and the central banks announced that they were receiving new applications.

“Our preliminary consideration shows that several investors can meet the new requirements, and it is expected that one or two banks will get the license by year’s end,” said Mr Dung.

Besides the applications for setting up new joint stock banks, the central bank is now also considering the shifting of the Postal Savings Service Company into a bank. It remains unclear whether the company will shift to operate as joint stock bank or under the mode of a state owned bank.

Mr Dung said that the central bank has received the applications for setting up three 100% foreign owned banks from the Hong Kong Shanghai and Banking Corporation HSBC, ANZ and Standard Chartered Bank. Four other banks in Asia have made the same request, but they have not fulfilled the necessary documents for submission. If meeting the set requirements, 100% foreign owned banks will be licensed five or six months after the day of document submission.

Source: VnExpress
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Old July 24th, 2007, 02:21 AM   #326
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Real estate trading floor goes online

An online real estate trading floor was officially launched on July 22 with the support from the Ministry of Construction and the Viet Nam Real Estate Association.

The online exchange, at http://www.sanbatdongsan.net.vn and http://www.vietreal.net.vn, would supply a large amount of accurate information about the property market in Viet Nam, said Construction Minister Nguyen Hong Quan.

The exchange now has 52 registered members, including trading floors, centres and businesses in the real estate field.

Source: Vietnam Agency
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Old July 24th, 2007, 09:47 AM   #327
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man, don't paste the whole articles from other newspaper. Show your own opinion
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Old July 24th, 2007, 06:02 PM   #328
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Quote:
Originally Posted by nguyenhoaiduc View Post
man, don't paste the whole articles from other newspaper. Show your own opinion
"show your own opinion!!!" Ah... that would be a challenge
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Old July 25th, 2007, 02:52 AM   #329
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no it's good
i can read vn news and don't have to come in VC websites and see a bunch of propagandas and uncle ho pictures
plus downloading this is enough, I don't have time to wait for commie newspaper to download too

this is a nguyen-nguyen situation
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Old July 25th, 2007, 07:16 PM   #330
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Vietnam sees inflation reaching 8.4% in July

Everyone knows what this means for the rosy 8% economic growth for VN, right!!!

Source: International Herald Tribune

===================
Reuters
Tuesday, July 24, 2007

HANOI: Vietnam said Tuesday that inflation in July would reach 8.4 percent from a year earlier because of higher prices for food, housing and medicine.

The estimate showed price increases pushing inflation further from the government's initial goal of below 7 percent.

The Finance Ministry recently revised its 2007 inflation forecast upward to a range of 7.5 percent to 8.2 percent after faster-than-expected price growth in May and June.

The statistics office estimated that consumer prices had risen 6.2 percent so far this year.

Consumer prices are expected to rise 1.4 percent next month from July after an estimated 0.9 percent rise this month, Nguyen Duc Thang, a deputy manager at the General Statistics Office told the official Vietnam News Agency.

He said food prices were set to rise further after outbreaks of bird flu and a pig disease in the central part of the country.

Preliminary data showed prices of food, which makes up 42.8 percent of the national consumer price basket, rose 15 percent in July from a year earlier.

The Agriculture Ministry said thousands of pigs had been infected by a virus in two central provinces and in the city of Da Nang, and bird flu returned to ducks in a third central province. Doctors said 22 people had been infected and 2 had died in the first half of the year.

The statistics office estimated costs of medicine and health care would rise 5 percent this month from a year earlier, faster than the 4.6 percent increase last month.

Deputy Prime Minister Nguyen Sinh Hung said last week that controlling inflation was a priority for Hanoi this year. Gains in prices have been exacerbated by the government's policy of weakening the currency to help exporters, Hung said.

"The environment in Vietnam does suggest that inflation will remain relatively high," said Tai Hui, an economist at Standard Chartered Bank in Hong Kong. "Vietnam has high inflation right now, but also the direction is on the rise."

The central bank has been selling dong and buying dollars to weaken the Vietnamese currency. The dong Monday depreciated to 16,141 against the dollar, its lowest level since at least 1993, helping to quicken inflation by making imported goods more expensive.

Vietnam aims to keep the pace of inflation below the country's economic growth rate, Hung said last week. Gross domestic product expanded at a year-to-year rate of 7.9 percent in the first half, and the authorities are aiming for full-year growth of 8.5 percent.

"To ensure inflation will be lower than economic growth, we have to closely watch the prices of goods in local and international markets, as well as carry out analysis and forecasts on market supply and demand," Hung said.
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Old July 26th, 2007, 03:06 AM   #331
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..

Last edited by skidlin; March 26th, 2010 at 05:38 AM.
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Old July 26th, 2007, 03:36 AM   #332
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Quote:
Originally Posted by skidlin View Post
^GDP growth has been measured in real term - meaning it has been adjusted for inflation.
skidlin,
That what country like the US is reported... I don't know if VN economic growth is adjusted for inflation... Keep in mind that the BUYING POWER is more important for the living souls in VN, and it's not good since theirs already at the bottom... How sad!!!
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Old July 28th, 2007, 07:25 AM   #333
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..

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Old July 29th, 2007, 03:22 AM   #334
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Export plan for 2007 can be fulfilled?



Exports in the first six months of the year were not as successful as expected, which has raised a question about whether or not the ambitious export plan for 2007 can be fulfilled.

Deputy Minister of Trade Nguyen Thanh Bien on July 24 expressed his concern about export performance in the second half of the year at a conference on exports.

Exports up, but worries exist

According to Pham The Dung, Director of the Import-Export Department under the Ministry of Trade, though exports in the first half of the year increased by 20% over the same period of last year ($22.54bil in turnover) the figure was still lower than expected.

A lot of efforts are needed for the remaining months of the year to reach the targeted export turnover of $48bil. Mr Dung acknowledged that it proved to be a very difficult task to fulfill, especially as exports of key items might not be satisfactory.

Except coffee, apparel, footwear, seafood and plastics, which maintained stable export growth, other key export items had low export volume in the first half of the year.

For example, Vietnam exported 2.3mil tonnes of rice ($732mil), down by 5% in price and 18% in quantity. Rubber exports brought $527mil in turnover, down by 4% over the same period of last year, while Vietnam previously planned to increase the export turnover of this product by 7%. Vietnam exported 7.7mil tonnes of crude oil in the first six months, a decrease of 6.7% in volume, while the country has to export 17.5mil tonnes in 2007 to fulfill the plan in turnover.

The quality of exports – a big problem

Officials from the Ministry of Trade (MoT) stressed that the quality of exports remained a big problem. If drastic measures are not taken, Vietnam may lose its export markets. The Ministry has asked the Government and the Ministry of Finance to budget for the works of inspecting export products.

Regarding apparel exports, Mr Bien said that MoT was trying to do what it could to minimise the bad impacts of the US’s programme on Vietnam’s apparel imports monitoring.

Mr Bien said that MoT would strengthen the supervision and control over the origin of exports. In the immediate time, MoT will not allow temporary import for re-export later, a move aiming to prevent fraud in the declaration of product origin. The proposal by MoT has been accepted by the Government.

According to Huynh Minh Hue, Deputy Secretary General of the Vietnam Food Association, there are many reasons behind the decreases in rice exports. Exporters now have to pay more for transport fees (up by 40% compared to 2006) and for storage fees, as many exporters cannot charter ships for carrying rice.

Mr Hue said that though rice exports could go for good prices, at $290/tonne on average, $39-40/tonne higher than during the same period last year, profit remained modest.

Pepper exporters are also facing big difficulties, as the export volume decreased by 31.1%, though the export price was triple last year. American and European countries are now limiting importing pepper from Vietnam because they think that Vietnam-made pepper is too expensive.

Ambitious plan can be fulfilled?

Mr Bien said that the fulfillment of the export plan would rely on the export of key items, including coffee, apparel and seafood.

High hopes are still put on rice and crude oil, which had ‘problems’ recently. Experts said that the export prices of these products always go up in the last months of the year.

Wooden products, electronic accessories, and plastics are also forecast to maintain high growth rates. Apparel exports are believed will bring the highest turnover, at $7.3-7.5bil. Currently, the average turnover of apparel exports remains above the ideal level, at $600mil/month.

Mr Huy said that enterprises would have a lot of pressure as they would have to ensure both export growth and the quality of exports.

Van Thanh Huy, Chairman of the Vietnam Coffee and Cocoa Association, has also expressed his concern about exports in the second half of the year. The industry has fulfilled 92% of the yearly export plan, and only has to export 300,000 more to fulfill the plan of 1.2mil tonnes and $1.5bil in turnover. However, Mr Huy said it would be a big difficulty to ensure the quality of exports.

Especially, quality is a big problem for seafood exports. The EU, US and Japan are now inspecting imports from Vietnam very carefully, and if the problem of unsafe exports cannot be settled, Vietnam may lose the export markets.

Russia has also created difficulties for Vietnamese exporters as an inspection delegation will arrive in Vietnam to make the final inspection tour of seafood processing establishments, a necessary procedure for considering if it will allow Vietnam to resume exports to the market.

In the immediate time, the state will spend VND50bil ($3.12mil) to buy five machines which can examine the quality of seafood. This is hoped will help bring $2.1bil in turnover from seafood exports in the second half of the year.

(Source: Tuổi trẻ)
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Old July 29th, 2007, 03:25 AM   #335
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Norway-funded $5 million project revives infertile agricultural land

A US$5 million project has revitalised lands once unsuitable for living and farming and has given hope and purpose to the residents of 11 poor Vietnamese coastal communities.

This project has directly benefited over 41,000 farmers and an additional 20,000 residents in the development of improvements such as better street circulation, dikes to prevent sand encroachment and increased agricultural capabilities.

Rural poverty in Viet Nam has led to this type of project as a way of improving the use of land and the quality of life for the village residents.

The project works by granting land and money to the residents - 0.5 to 1 hectare of land and VND 12-13 million for fertiliser and seed in the case of Trieu Phong district - as a social mechanism for improving the lives of residents while allowing them to reciprocate value and labour into the economic system.

To date there are 11 such villages, consisting of 545 poor households. The improvements of gardens, fish ponds and cattle pens which produce between VND10 million and VND30 million for the once struggling farmers.

These farms require the natural resources and protection, therefore eight canals for irrigation and 12km of dikes to prevent erosion have been constructed.

Also, 900ha of protective forest has been planted to further combat erosion and another 523ha is coloured with the vibrant green of peanuts and various other plants.

The residents of Trieu Phong district are eager for their chance to benefit from this project, they welcome a new life in what used to be a barren and poverty stricken area of Viet Nam.

"The project of developing rural, coastal areas of the district funded by Norway has partly contributed to this optimism," said Phan Ngoc Kieu, Secretary of the district’s Party Committee.

Trieu An Commune, another beneficiary of this project, donates one hectare of barren land and provides the necessary investments in ploughs and seed to members of the land improvement movement.

"Actually, it is like a revolution, changing people’s lives entirely," said Hoang Cong Hoa, Secretary of Trieu An Commune’s Party Committee.

Between 2001-2003, one ha of improved land can produce VND7 million every year and an incredible 90 per cent of infertile land has been improved.

"In order to stabilise development, future projects will focus on aquaculture breeding," said Le Canh Bien, Vice Chairman of Trieu Phong district.

With the assistance of the Seafood Research Institute 1, Aquaculture Department of Quang Tri, the central province including Trieu Phong, are drawing up plans for seafood farms benefiting poor people and supporting environmental improvements. The seafood development plan will be carried out between now and 2010.

Source: Vietnam News
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Old July 29th, 2007, 03:43 AM   #336
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Vụ “hô biến” hơn 700 ha đất công thành của riêng ở B́nh Dương

In the meantime, corruption is well and alive in VN without any sign of slowing... Indeed, it's going full blast all over Vietnam

=====================================


Source: Tiền Phong Online

Quan chức được 'biếu' đất đút túi hàng trăm tỷ đồng

TP - Khi vụ “hô biến” hơn 700 ha đất công ở B́nh Dương thành “của riêng” đang được làm rơ th́ chúng tôi phát hiện địa phương đang t́m cách “phù phép” ném hàng trăm tỷ đồng ngân sách vào túi các cán bộ được “biếu đất” nhằm hợp thức hóa sai phạm.

Mỗi ha đất cao su được “biếu” không, các “quan” bỏ túi gần 1 tỷ đồng tiền ngân sách - Ảnh: C.H

Tiền phong cũng đă có thông tin về sai phạm của UBND tỉnh B́nh Dương và huyện Bến Cát trong việc “hô biến” hơn 700 ha đất công ở xă An Tây (Bến Cát, B́nh Dương) thành “của riêng” của một số quan chức ở địa phương.

Đất “biếu quan” biến thành… dự án khu công nghiệp - dịch vụ

Ngày 21/3/2007, UBND tỉnh B́nh Dương đă có Công văn 1291 chấp thuận quy hoạch cho Cty Sản xuất – Xuất nhập khẩu B́nh Dương (SXXNKBD) 1.350 ha đất thuộc địa bàn hai xă An Tây và An Điền (huyện Bến Cát) để đầu tư xây dựng và kinh doanh hạ tầng khu liên hợp công nghiệp – dịch vụ.

Công văn nói trên của UBND tỉnh B́nh Dương đă gây ra nhiều bức xúc trong dư luận địa phương, bởi nếu căn cứ theo họa đồ quy hoạch được chấp thuận th́ toàn bộ khu đất công hàng trăm ha mà trước đó địa phương đă “biếu” cho các quan chức nằm trong phạm vi dự án, thuộc diện được đền bù giải tỏa để thu hồi đất.

Đáng nói hơn, việc địa phương “vẽ” ra khu liên hợp công nghiệp - dịch vụ An Tây có nhiều vấn đề không minh bạch, cần được làm rơ. Cụ thể: Tuy ban hành sau văn bản 1291 đúng 2 ngày nhưng Thông báo 43 của UBND tỉnh truyền đạt ư kiến kết luận của Chủ tịch UBND tỉnh B́nh Dương Nguyễn Hoàng Sơn xung quanh vụ biếu không hàng trăm ha đất công cho gia đ́nh các quan chức th́ lại không đả động ǵ đến chuyện sẽ làm khu liên hợp công nghiệp- dịch vụ An Tây tại khu vực nói trên.

Và, để mau chóng “hợp thức hóa”, UBND tỉnh thậm chí c̣n “đốt cháy giai đoạn” bằng cách không yêu cầu các Sở chức năng kiểm tra, xem xét sự phù hợp của dự án để tŕnh UBND tỉnh ban hành như thông lệ mà có văn bản chấp thuận ngay sau khi nhận được văn thư của chủ đầu tư, sau đó mới “ấn” cho các cơ quan tham mưu.

Và, UBND tỉnh B́nh Dương càng lộ rơ sự khẩn trương trong việc xóa “dấu tích” hơn 700 ha đất công đă biếu cho cán bộ bằng cách ngay sau đó đă kư hàng loạt quyết định thành lập hội đồng bồi thường giải phóng mặt bằng, ban hành đơn giá bồi thường hỗ trợ về đất và tài sản trên đất để thực hiện dự án xây dựng khu liên hợp công nghiệp - dịch vụ An Tây...

Các quan chức sẽ tiếp tục được bỏ túi hàng trăm tỷ đồng?

Theo phương án bồi thường giải tỏa và hỗ trợ di dời mà UBND tỉnh B́nh Dương đă phê duyệt, đất sản xuất nông nghiệp, lâm nghiệp sẽ được đền bù với giá 50 ngh́n đồng/m2 (vị trí tiếp giáp đường giao thông nông thôn được nhân thêm với hệ số 1,2), giá hỗ trợ thêm cho loại đất này là 30 ngh́n đồng/m2.

Giá đền bù cây cao su trồng từ 5 – 10 năm tuổi là 95 ngh́n đồng/cây, mật độ trồng không quá 555 cây/ha). Ngoài ra, người bị giải tỏa c̣n được tính thêm khoản tiền thanh lư cây cao su 50 triệu đồng/ha.

Nếu chỉ tính riêng các khoản bồi thường, hỗ trợ nói trên th́ với đất cao su trước đó gần như được chính quyền địa phương cho không (mua với giá 22 – 50 triệu đồng/ha cách đây hơn 4 năm) các quan chức sẽ bỏ túi gần 1 tỷ đồng/ha.

Với hơn 700 ha đất cao su bị biến thành “của riêng”, ngân sách Nhà nước sẽ bị thiệt hại hơn 700 tỷ đồng. Đó là chưa kể hàng chục tỷ đồng ngân sách buộc phải “gánh” khi tiến hành giải tỏa, di dời như trợ cấp để ổn định cuộc sống, trợ cấp di dời, hỗ trợ đất thổ cư, hoán đổi nền tái định cư...

Theo nguồn tin của Tiền phong, địa phương đă cho xuất toán trên dưới 100 tỷ đồng để chi trả đền bù, hỗ trợ. Đă có hơn 20 trường hợp bị giải tỏa nhận được tiền bồi thường giải tỏa, trong đó có một cán bộ lănh đạo chủ chốt của UBND huyện Bến Cát nhận được 3,8 tỷ đồng.

Huy Thịnh
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Old July 30th, 2007, 12:04 PM   #337
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sorry for being off topic but does anybody in here know this company archetype-group.
this company suppose to be in Vietnam
http://www.archetype-group.com/
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Old July 30th, 2007, 11:03 PM   #338
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yes we know archetype.....we've been stealing their photos eversince we got this forum
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Old July 31st, 2007, 02:17 AM   #339
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Honda VN breaks ground on second motorcycle plant

Honda Viet Nam Co., Ltd (HVN) began construction of its second motorcycle plant in the northern province of Vinh Phuc on July 28.

The 65 million USD plant is scheduled to begin production on top of the line scooters by the latter half of 2008 with a forecast initial annual output of 500,000 units.

The new factory will help increase Honda Viet Nam’s total production capacity to 1.5 million units per year, and create jobs for nearly 1,400 workers.

HVN General Director Koji Onishi said the plant will be equipped with Honda’s latest advanced technology to produce high-end scooters to meet the growing demands of the Vietnamese market.

Source: Vietnam Agency
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Old July 31st, 2007, 09:29 AM   #340
cheese
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Quote:
Originally Posted by bang View Post
yes we know archetype.....we've been stealing their photos eversince we got this forum
, are they really locate in Vietnam, the reason i ask is, I run a Landscape Architecture company in Bangkok, i really like to have a project in Vietnam, maybe i should hook up with them. the last time i been back to Vietnam was ten years ago, it was a diferent Vietnam.
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