Vietnam re-exports Thai fruit to China

Last update 12:00 | 24/10/2017

VietNamNet Bridge – In the first nine months of the year, Vietnam imported $680 million worth of fruits from Thailand, or 60 percent of total fruit imports, according to the General Department of Customs (GDC). And by the end of August 2017, $817.9 million worth of fruit had been sold to China, 73 percent of which was from Thailand. 

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, fruit & vegetable exports, GDC, MOIT

China is among the biggest export markets for Vietnam’s fruit with the growth rate in the first eight months of the year at 60.2 percent.

Meanwhile,Thailand has taken over China’s position as the No 1 seller of fruit and vegetables to Vietnam, accounting for 60.7 percent of Vietnam’s imports. China, which is now in the second position, accounts for 15.7 percent only. Continue reading “Vietnam re-exports Thai fruit to China”

Advertisements

Investors abuse BT projects

vietnamnews

Update: October, 24/2017 – 09:59

Auditors and land management experts are sceptical about the efficiency and transparency of projects carried out under Build-Transfer (BT) contracts in Việt Nam, after many BT projects have suffered long delays and major problems along the way.– Photo baodauthau.vn

HÀ NỘI – Auditors and land management experts are sceptical about the efficiency and transparency of projects carried out under Build-Transfer (BT) contracts in Việt Nam, after many BT projects have suffered long delays and major problems along the way. Continue reading “Investors abuse BT projects”

Inspectors slams Yên Bái official of ‘dishonest” asset declaration

vietnamnews

Update: October, 24/2017 – 09:59

The 1.3ha mansion complex owned by Phạm Sỹ Quý, director of the Department of Natural Resources and Environment, northern mountain Yên Bái Province. Investigation officials accused him of “dishonesty” for failing to declare thousands of square metres of land in his asset declaration. — VNA/VNS Photo Thế Duyệt

HÀ NỘI — Government inspectors yesterday announced inspection results over a mansion complex owned by Yên Bái Province’s environmental director, accusing him of “dishonesty” for failing to declare thousands of square metres of land in his asset declaration. Continue reading “Inspectors slams Yên Bái official of ‘dishonest” asset declaration”

Degraded bridges worry locals in Lâm Đồng

vietnamnews Update: October, 24/2017 – 15:30

The degraded Ông Triều Bridge in Thạnh Mỹ Township, Đơn Dương District has no fence. — VNA/VNS Photo Đặng Tuấn

LÂM ĐỒNG — The Department of Transport in the Central Highland province of Lâm Đồng reported 200 degraded bridges across the province, threatening the safety of users.

Director of the department, Trương Hữu Hiệp, told Vietnam News Agency that of the degraded bridges, as many as 112 ones were listed as “seriously degraded” and required urgent maintenance.

However, because of funding shortage, only 21 bridges had been fixed, he said. Local residents are worried about using the degraded bridges.

In the last two weeks, three people reportedly fell into Đa Nhim River, leaving one of them dead while crossing Ông Triều Bridge in Thạnh Mỹ Township in Đơn Dương District.

A local resident, Phan Công Thành, said that the bridge has been degraded for a long time and local residents have asked the relevant authorities to look into it but their pleas have fallen on deaf ears. He said that now, the need of the hour is for lights and fences to be installed on the bridge to make travelling safer.

Huỳnh Ngọc Sơn, a policeman, said that police have been assigned to help people maneuver their way across the bridge until it was fixed.

Cai Bảng suspending bridge in Bảo Lâm District is on the key road connecting Lộc Thắng Town to Lộc Phú Commune. People have to use the bridge to reach their tea and coffee farms. However, holes have appeared on the bridge surface, cables are rusty and the bridge begins to vibrate every time vehicles use it.

Local authorities have put warning signs there.

In Bảo Lâm District only, at least ten bridges have been reported to be seriously degraded. The problem is bound to get worse for users during harvest time when they have to transport farming products across the bridges.

Nguyễn Đình Gắn, chairman of Lộc Ngãi Commune, Bảo Lâm District, said that the commune’s budget could afford small fixing costs and the commune has been asking for funding from higher levels to build new bridges. — VNS

Chaotic scenes at re-enactment of Kim Jong-nam killing

Guardian

Suspects Siti Aisyah and Doan Thi Huong pushed around Malaysia’s Kuala Lumpur airport in wheelchairs

Kim Jong-nam: women accused of murder tour airport where he was killed – video

Two women accused of killing the North Korean leader’s half-brother made a chaotic three-hour tour of the Malaysian airport where the alleged crime took place. Continue reading “Chaotic scenes at re-enactment of Kim Jong-nam killing”

Charming Pho Hien, Hung Yen Province

Last update 11:00 | 23/10/2017

Pho Hien, a historical site in Hung Yen Province, was a famous merchant port in Vietnam and a small historic town on the banks of the Red River.

There are also many famous relic sites in Pho Hien such as Hien pagoda, Chuong pagoda, and Mau Temple. Let’s visit Hung Yen province to explore more about the beauty of Pho Hien.

Pho Hien is a historical site in Hung Yen Province, about 70 kilometers southeast of Hanoi. Continue reading “Charming Pho Hien, Hung Yen Province”

Enrollment declines at pedagogy schools, education reform in danger

Last update 07:10 | 23/08/2017
VietNamNet Bridge – Even after accepting students with low entrance exam scores, pedagogical schools are continuing to see a drop in enrollment.

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, pedagogical schools, MOET

Dak Lak Pedagogical Junior College (3-year training) plans to enroll 400 students this year. After considering applications, the school decided to convene 294 students who got a 12.25-17.25 entrance exam score. However, only 116 students turned up to confirm their studying.

Students need to get a 10 for three exam subjects to apply for the Ha Tay Pedagogical Junior College. However, only 718 students got a 10 score and higher, and only 247 have confirmed their study. Continue reading “Enrollment declines at pedagogy schools, education reform in danger”

Rural market becoming more attractive to manufacturers

Last update 12:00 | 23/10/2017
VietNamNet Bridge – Rural areas, where 70 percent of the population lives and where the average income per capita has been increasing rapidly, is a market with great potential.

 

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, rural market, My Hao Cosmetics, income per capita

A report by Nielsen shows that the market growth rate in rural areas in the first quarter of 2017 reached 12.4 percent, making up 51 percent of total revenue of fast-moving consumer goods, while the growth rate was just 6.5 percent for urban areas. Continue reading “Rural market becoming more attractive to manufacturers”

GDP growth must rely on internal strength: economists

Last update 16:00 | 23/10/2017
VietNamNet Bridge – How much do internal resources contribute to the country’s GDP? Economists have raised the question after the General Statistics Office (GSO) announced a record-high GDP growth rate of 7.46 percent in the third quarter of the year.vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, GSO, GDP, inflation rate

GSO said the major driving force behind the high growth rate were the development of processing, manufacturing industry, export and domestic consumption (12.8 percent, while Samsung reported the growth rate of 45 percent); improvement in agriculture production and fisheries; and a sharp increase in exports (+19 percent), especially from foreign invested enterprises.

Le Cao Doan, a renowned economist, noted that domestic production did not make a big contribution to GDP.

Vietnam’s exports increased by 8.6 percent in 2016, higher than the 8.1 percent growth rate in 2015. And the exports continued rising with $200 billion worth of earnings in the first eight months of 2017, an increase of 13 percent compared with the same period last year.

Vietnam’s exports increased by 8.6 percent in 2016, higher than the 8.1 percent growth rate in 2015. And the exports continued rising with $200 billion worth of earnings in the first eight months of 2017, an increase of 13 percent compared with the same period last year.

The highest number of exports were not from Vietnamese enterprises, as foreign invested enterprises were the major exporters. Continue reading “GDP growth must rely on internal strength: economists”

Vietnam is gold mine for int’l express delivery firms

Last update 08:00 | 23/10/2017
VietNamNet Bridge – As Vietnamese favor foreign-made products and are willing to pay more for products they like, international express delivery firms see Vietnam as a fertile land for their business.


vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, express delivery, UPS, WTO

The rapid increase in imports/exports has also helped the development of logistics companies. A GDC (General Department of Customs) report shows that import/export turnover in the first eight months of the year reached $270.91 billion, an increase of 20.9 percent over the same period last year. Continue reading “Vietnam is gold mine for int’l express delivery firms”

Travel firms earn big money from outbound tours

Last update 16:00 | 22/10/2017

VietNamNet Bridge – A report from the Vietnam Tourism Association showed that 6.5 million Vietnamese traveled abroad in 2016 and spent $7-8 billion. Spending per capita was $1,230 on outbound tours, an increase of 15 percent over 2015.


vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, outbound tours, VNAT, FIEs

Singapore is one of the favorite destinations for Vietnamese. According to the Singapore Tourism Board, in 2015, the country received 15.2 million travelers, including 418,000 Vietnamese. Vietnam was among the 15 markets with the highest numbers of visitors to Singapore. Continue reading “Travel firms earn big money from outbound tours”

Vietnam to levy tough penalties, jail sentences for insurance evasion

Employers will be heavily fined if caught deliberately avoiding covering social insurance for employees

By Tuoi Tre News

October 23, 2017, 16:48 GMT+7

Vietnam to levy tough penalties, jail sentences for insurance evasion
A woman receives her pension at a social insurance office in Ho Chi Minh City. Photo: Tuoi Tre

Businesses that purposely find ways to evade paying social insurance for their employees will not only receive administrative fines but also attract steep monetary penalties once a new law comes into effect next year.

In Vietnam, insurance is not calculated based on the full salary of an employee, rather a part of it only, known as the ‘fund used to calculate insurance payment.’ Continue reading “Vietnam to levy tough penalties, jail sentences for insurance evasion”

The Chinese Have Cracked the Code for Communicating With Trump

FP

Stephen Wynn, who has financial interests in China, seems to be doing Beijing’s bidding.

Wynn Resorts Chairman and CEO Steve Wynn speaks at the Global Gaming Expo 2014 at The Venetian Las Vegas on September 30, 2014 in Las Vegas, Nevada. (Ethan Miller/Getty Images)

Wynn Resorts Chairman and CEO Steve Wynn speaks at the Global Gaming Expo 2014 at The Venetian Las Vegas on September 30, 2014 in Las Vegas, Nevada. (Ethan Miller/Getty Images)

New revelations about the Chinese government’s attempt to forcibly repatriate a Chinese fugitive show an assertive Beijing benefitting from a U.S. administration at odds with itself. But who is that American casino mogul who has apparently become the Chinese government’s backchannel to the White House? It turns out he’s a businessman beholden to Beijing and willing to press their case in the corridors of power in Washington — and he has just the ticket. Continue reading “The Chinese Have Cracked the Code for Communicating With Trump”