Villagers hold police officers captive outside Hanoi

TUOI TRE NEWS

Updated : 04/17/2017 09:59 GMT + 7

Hanoi administrators are calling on residents of a village outside the Vietnamese capital to remain calm and cooperate with authorities, after they took more than two dozen law enforcement officers hostage during a protest on Saturday.

On Sunday afternoon, the propaganda and education commission under the Hanoi Party Committee released an official statement on the disturbance in Dong Tam Commune in My Duc District, 30km from the centre of the city.

According to the document, residents with limited legal knowledge had obstructed on-duty police officers and held them captive over weekend.

More than 30 people, including members of a flying police unit, have been held at the commune’s culture house since Saturday afternoon, according to VnExpress. Tiếp tục đọc “Villagers hold police officers captive outside Hanoi”

Workers’ rentals: unrealistic policies don’t help

Monday, April 17 2017

vietnamnews

Update: April, 17/2017 – 09:00

A boarding house for construction workers in District 2, HCM City. — VNS Photo Việt Thanh

Lê TuyếtHCM CITY – When municipal authorities issued a Decision No.18 in 2011 on granting preferential loans to landlords for building and upgrading houses to rent to workers, it was widely welcomed.

However, six years later, the number of landlords accessing this facility has been very limited, despite the fact that they provide 85 per cent of workers in the city with a place to live.

Phù Nhật Phương, who owns a boarding house for workers on 46-48 Riverside Street, was among the first one to build such a facility in Tân Tạo A Ward, Bình Tân District. Tiếp tục đọc “Workers’ rentals: unrealistic policies don’t help”

The power of super projects: Tuan Chau’s proposals

Last update 14:00 | 16/04/2017

VietNamNet Bridge – Tuan Chau Island “King” Dao Hong Tuyen has caused quite a stir by suggesting a series of mammoth real estate projects in HCMC with total investment capital of VND65 trillion. 

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, Dao Hong Tuyen, Tuan Chau, super project

Tuyen has suggested building a tourism resort complex – Sai Gon Marina City – in Can Gio beach with the total area of 1,430 hectares.

This would include a yacht port to connect to Singapore, Hong Kong and Thailand; ferry line and speedboat to connect to Can Gio and Vung Tau; high-speed and yachts to connect to HCMC with neighboring areas; and resorts, ecological urban areas and a seafood town.

Tuan Chau Island “King” Dao Hong Tuyen has caused quite a stir by suggesting a series of mammoth real estate projects in HCMC with total investment capital of VND65 trillion. 

Tuan Chau has also suggested building a boulevard along Sai Go River, about 60 kilometers long, from the Nguyen Huu – Ton Duc Thang turning point to Ben Suc Bridge in Cu Chi district, and an aromatics and chemicals trade center on 20 hectares in Tan Kien ward of Binh Chanh district.

Of the estimated total investment capital of VND65 trillion, Tuan Chau Group would contribute 50 percent.

Tuan Chau’s president Dao Hong Tuyen, who is famous for daring projects, told the press that he hired five foreign consultancy firms, 25 planning experts and tens of engineers, who had to work nights for more than 10 days to implement the survey work and project planning. Tiếp tục đọc “The power of super projects: Tuan Chau’s proposals”

Vân Đồn special economic zone must be superior: Deputy PM

vietnamnews

Update: April, 14/2017 – 23:00

The special preferential policies for Vân Đồn Special Economic Zone must make it superior to the country’s existing economic zones and on par with similar models in the region and world over. – Photo VNA Trung Nguyên

HÀ NỘI — The special preferential policies for Vân Đồn Special Economic Zone must make it superior to the country’s existing economic zones and on par with similar models in the region and world over.

During a meeting with provincial authorities on Thursday, Deputy Prime Minister Trương Hòa Bình required the northern coastal province of Quảng Ninh to map out and propose specific incentive policies at the earliest to develop Vân Đồn quickly into a special economic zone. Tiếp tục đọc “Vân Đồn special economic zone must be superior: Deputy PM”

Government paves the way for the development of sport betting businesses

Last update 14:00 | 10/02/2017
VietNamNet Bridge – A government Decree 06 dated February 3 on legalizing horse, dog and football betting, to take effect on March 1, is expected to pave the way for the development of sport betting businesses.

vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, TPP, US President Obama, Vietnam net news, Vietnam latest news, vn news, Vietnam breaking news, casino, betting, Ho Tram

Under the decree, the government will allow only one company to provide the international football betting service for a limited period of five years. After the trial period of five years, the government will review the performance of the business before deciding whether to continue licensing it.

The company must have minimum charter capital of VND1 trillion.

Nguoi Lao Dong commented that foreign investors target football betting, which is believed to be a very profitable, though the decree only allows betting for international football matches. Tiếp tục đọc “Government paves the way for the development of sport betting businesses”

Nearly 67,000 Vietnamese scammed of $88mn by pyramid company

Tuoi Tre News

Updated : 04/14/2017 15:00 GMT + 7

 

Le Xuan Giang is dressed in his military uniform during an event organized for Lien Ket Viet Company.
File Photo

Nearly 67,000 people in Vietnam fell victim to a multi-level marketing company, losing over VND2 trillion (US$88.4 million) in the fraudulent business scheme.

Officers from the Ministry of Public Security on Thursday announced the result of an investigation into fraud and property appropriation charges against Lien Ket Viet, a company specializing in network marketing.

The Supreme People’s Procuracy has been asked to begin legal procedures against Le Xuan Giang, chairman of Lien Ket Viet management board, Le Van Tu, general director, Nguyen Thi Thuy, deputy general director, and four other accomplices. Tiếp tục đọc “Nearly 67,000 Vietnamese scammed of $88mn by pyramid company”

Dược phẩm kém chất lượng, sai nhãn mác, thuốc nhái và thuốc giả (SSFFC)

English:  Substandard, spurious, falsely labelled, falsified and counterfeit (SSFFC) medical products

  • Dược phẩm kém chất lượng, sai nhãn mác, thuốc nhái, thuốc giả – SSFFC – có thể gây nguy hiểm đến bệnh nhân và khiến việc điều trị không đạt hiệu quả.
  • SSFFC là nguyên nhân chính gây mất lòng tin vào dược phẩm, nhà cung cấp các sản phẩm chăm sóc sức khỏe và hệ thống chăm sóc sức khỏe.
  • SSFFC ảnh hưởng đến tất cả các khu vực trên thế giới
  • Dược phẩm SSFFC thuộc danh mục thuốc điều trị chính được báo cáo đến WHO gồm thuốc, vac xin, chẩn đoán in vitro.
  • Thuốc điều trị sốt rét và thuốc kháng sinh là hai loại thuốc bị làm giả nhiều nhất
  • Cả thuốc phổ thông và thuốc đặc trị cao cấp đều bị làm giả, từ những thuốc đắt tiền như thuốc điều trị ung thư đến những loại thuốc không quá đắt tiền như thuốc giảm đau.
  • Những loại thuốc này có thể tìm thấy ở những chợ vỉa hè bất hợp pháp, trên những website không được kiểm soát, các hiệu thuốc, phòng khám, bệnh viện

Tiếp tục đọc “Dược phẩm kém chất lượng, sai nhãn mác, thuốc nhái và thuốc giả (SSFFC)”

Tiêu điểm kinh tế – Gỡ rào cản để năng lượng tái tạo phát triển

Chính phủ đặt mục tiêu ưu tiên phát triển năng lượng tái tạo nhằm đa dạng hóa cơ cấu nguồn điện cũng như hướng tới một nền kinh tế xanh và sạch hơn. Tuy nhiên, việc khai thác nguồn năng lượng tái tạo đến nay vẫn chưa phát huy được hết lợi thế sẵn có từ thiên nhiên. Vậy đâu là mấu chốt cần tháo gỡ để phát triển mạnh hơn nữa nguồn năng lượng xanh tại Việt Nam?

Vietnamese businesses warned about ‘outsourcing trap’

Last update 14:00 | 07/02/2017
VietNamNet Bridge – More than 70 percent of Vietnam’s total export turnover belongs to foreign-invested enterprises (FIEs), while Vietnamese enterprises still cannot join the global value chain. 


vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, TPP, US President Obama, Vietnam net news, Vietnam latest news, vn news, Vietnam breaking news, outsourcing, middle-income trap, Tran Van Tho

According to the General Statistics Office (GSO), Vietnam exported $175.9 billion worth of products in 2016, an increase of 8.6 percent over the year before. FIEs alone exported $126 billion, or 70 percent of total export turnover.

Vietnam’s exports have been witnessing stable two-digit growth rate over many years. In 2001, the country exported $15 billion worth of products, while the figure soared to $96.9 billion 10 years later. In 2016, export turnover climbed to $175.9 billion. Tiếp tục đọc “Vietnamese businesses warned about ‘outsourcing trap’”

Frequent inspections tire Vietnamese business owners

TUOI TRE NEWS

Updated : 04/11/2017 15:35 GMT + 7

A traffic inspector examines fire extinguishers installed on a long-haul bus in Hanoi.

Despite a government order dictating that authorities only inspect businesses once a year, enterprises in Vietnam are facing repeated inspections that do more harm than good to their business.

A paper manufacturing company based in Ho Chi Minh City said it has been the subject of approximately 30 inspections by authorities since 2015. Tiếp tục đọc “Frequent inspections tire Vietnamese business owners”

Investors, bankers flee from BOT projects

Last update 13:00 | 11/04/2017

 

VietNamNet Bridge – Investors are fleeing from BOT (build-operate-transfer) projects in the transport sector after encountering many difficulties. 


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, BOT, MOT, tasco

BOT investors are now in a dilemma as toll collection is not big enough to pay bank debts.

Tran Ngoc Le from Yen Khanh Production, Trade & Service Company, one of the major investors in the Hac Tri Bridge in Phu Tho province, said the monthly turnover from the project is VND5 billion, while the company has to pay VND10 billion in bank loan interest.

The investor initially expected to take back the investment capital after 17 years, but it has realized that the time may be 50 years. Tiếp tục đọc “Investors, bankers flee from BOT projects”

Subsidence causes road leading to Ho Chi Minh City to be wavy

Tuoi Tre News

Updated : 04/09/2017 11:14 GMT + 7

A truck travels on the wavy Hanoi Highway that leads to the east entrance of Ho Chi Minh City.
Tuoi Tre

Serious subsidence has caused a major route leading to the east entrance of Ho Chi Minh City to become ‘wavy,’ endangering vehicles traveling on the road.

A section of Hanoi Highway, which connects District 9 in Ho Chi Minh City with neighboring provinces to the east of the city, has had its surface heavily distorted by severe subsidence.

As a large amount of traffic flows on the highway on a daily basis, its surface has become wave-like, with the gaps measuring about 10 to 20 centimeters deep, causing immense challenges for vehicles.

Commuters have to travel at a snail’s pace in order to avoid potential accidents. Tiếp tục đọc “Subsidence causes road leading to Ho Chi Minh City to be wavy”

Bustling scene at a market for street vendors in Saigon

Last update 18:41 | 08/04/2017

A market for street vendors has been put into operation for over one year at Pham Van Hai Market in HCMC’s Tan Binh District.

 

Some 20 households have been approved by local authorities to run business at the market at night time, which helps reduce encroachment on public pavements by street vendors.

It is expected that more spaces will be set up at other districts in HCMC to help street vendors run business.

 
Bustling scene at a market for street vendors in Saigon, travel news, Vietnam guide, Vietnam airlines, Vietnam tour, tour Vietnam, Hanoi, ho chi minh city, Saigon, travelling to Vietnam, Vietnam travelling, Vietnam travel, vn news
The market is open from 6 p.m. to 11 p.m. daily at Pham Van Hai Market in Tan Binh District in HCMC
Tiếp tục đọc “Bustling scene at a market for street vendors in Saigon”

Lottery firms in southern Vietnam found with massive non-core investment

TUOI TRE NEWS

Updated : 04/07/2017 15:28 GMT + 7

A scrap collector cycles her trolley past the Mekong – My Tho Hotel, where the Tien Giang lottery firm holds a stake.
Tuoi Tre

All 11 lottery ticket companies in southern Vietnam have collectively channeled nearly VND1,000 billion (US$44.64 million) into sectors outside their main business, the Ministry of Finance’s inspectorate announced.

By the end of 2015, these 11 companies had earmarked more than VND1,078 billion ($48.13 million) for long-term financial investment, though only over VND80.8 billion ($3.61 million) was meant for their core business operations, the finance inspectors said.

The combined non-core investment of these companies amounts to VND997 billion ($44.51 million), according to the inspectors tasked with examining the 2015 consolidated financial reports from the lottery firms. Tiếp tục đọc “Lottery firms in southern Vietnam found with massive non-core investment”

A visit to the incense-making village of Hung Yen

 The two century old Cao Thon craft village in the northern province of Hung Yen is one of the largest incense-making villages in Vietnam.

a visit to the incense-making village of hung yen hinh 1
At the village located about 50km southeast of Hanoi, the days leading up to the Hung Kings Festival are a non-stop work effort to churn out incense sticks for the festivities throughout the country.
a visit to the incense-making village of hung yen hinh 2
Each household in the village can turn out twenty-to-thirty thousand sticks per day, using a time-tested mix of sawdust, cinnamon, sandalwood and sunshine.a visit to the incense-making village of hung yen hinh 3
Incense sticks must be left to dry for one to three days in the sunshine. Tiếp tục đọc “A visit to the incense-making village of Hung Yen”