The municipal People’s Committee says the city will follow a step by step roadmap to waste sorting, implementing it in two phases: from now until 2020 and after 2020. Taking effect on November 24, the plan will have local authorities guide certain families and businesses on sorting their daily waste by putting labels on different trash bins. From now until 2020, every district and commune can flexibly apply methods to make the waste sorting process as efficient as they can. The trash will be sorted into three categories: organic trash, recycled trash and other. After the waste is sorted, solid waste will be taken to zones in specialized garbage carts. Nguyen Toan Thang, director of the city’s environment department, said HCMC might have organic trash collected every day, and other types of waste every two or three days. After 2020, all families, businesses, and organizations across the city must show self-discipline to sort their waste by themselves. Those who do not do so … [Read more...] about HCMC gets serious about sorting its trash
Vietnamese acrobatic brothers seek Guinness record
Vietnamese acrobatic brothers Giang Quoc Nghiep and Giang Quoc Co have performed their incredible head balancing act in a studio of TV8 Italy in Rome, Italy, seeking to establish a new Guinness record. Nghiep and Co stage performance on Rome's street.(Photo: VNA) As the candidates for Guiness record holders, they performed the act with a time limit of one minute only on November 15. The programme will be aired exclusively on Italian television on November 25. Before the day, all information about the performance will be kept a secret, and even the artists also have to wait for the organisers’ official announcement about the result. The brothers left for Vietnam on November 16 morning. In 2016, the two artists scaled 90 stairs of Saint Mary’s Cathedral in 52 seconds with Quoc Nghiep balancing atop Quoc Co using only their heads. This performance smashed a Guinness World Record. Quoc Nghiep, born in 1984, and Quoc Co, born in 1989, are the two youngest Meritorious … [Read more...] about Vietnamese acrobatic brothers seek Guinness record
Ninh Thuan steps up implementation of wind power projects
The central coastal province of Ninh Thuan is speeding up the implementation of wind power projects to soon connect them to the national grid and generate electricity as an effort to turn the locality into a renewable energy hub of Vietnam. Mui Dinh project in Thuan Nam district is under construction (Photo: VNA) Vice Chairman of the provincial People’s Committee Pham Van Hau said that the province has created the most favourable conditions for investors. It has directed relevant departments and sectors and local authorities to help investors, especially in land clearance and social security and order, in order to ensure the wind power projects are carried out on scheduled. Accordingly, investors will be exempted from land rent during the implementation of projects and benefit from corporate income tax rate of 10 percent. The corporate income tax will be exempted in four years and cut by half in the nine following years. Additionally, their projects will also be … [Read more...] about Ninh Thuan steps up implementation of wind power projects
Vietnamese designer to introduce ‘Ao dai’ in Russia
Ao dai with various style, materials, patterns, and colours of the designer Minh Hanh were modeled by the Russian students. (Photo:VOV) This is the first time Vietnamese Ao dai have been introduced in Russia by the talented and well-known designer Minh Hanh, who is deeply attached to the Ao dai and the traditional materials of the nation. The talk received the attention of Russian teachers and students studying Vietnamese at the MGLU and several other universities, as well as Vietnamese students and representatives of the Association of Vietnamese in Russia. Designer Hanh talked about the development of Ao dai from the beginning of the 19th century until present times. The typical versions of Ao dai throughout history, from the Le Pho Ao dai in 1930, Le Mur Ao dai in 1930, the Ao dai of the 1960s, 1970s, 1980s and 1990s to the Ao dai of the 21st century and the Ao dai of the future, were introduced at the talk. Ao dai with various style, materials, patterns, and colours of the designer … [Read more...] about Vietnamese designer to introduce ‘Ao dai’ in Russia
Vietnam projected to record trade surplus of USD2-3 billion in 2018
Vietnam's exports this year could reach USD239-240 billion. (Photo: VNA) Data recently released by the MOIT shows that Vietnam exported USD20.8 billion worth of goods in October, while importing USD20.7 billion, producing a surplus of USD100 million. Exports in October fell 1.5% against the previous month due to a sharp decline of 21.4% in phones and phone parts, which brought in an estimated USD4 billion. However, respectable growth was maintained in certain other goods such as computers, electronic products, machinery and footwear. On aggregate, exports in the January-October period were estimated at USD200.3 billion, while imports were USD193.84 billion. The MOIT stated that Vietnam’s export revenues have now reached 84.6% of the target for 2018, adding that exports this year could grow by 10-12% to USD239-240 billion. Last year, Vietnam registered a trade surplus of USD2.7 billion./. CPV/NDO … [Read more...] about Vietnam projected to record trade surplus of USD2-3 billion in 2018
NA Chairwoman asks Thai Binh to improve business climate
National Assembly Chairwoman Nguyen Thi Kim Ngan in Thai Binh (Source: VNA) During a working session with the provincial authorities on November 17th, the NA Chairwoman lauded the local agricultural sector for achieving a growth of nearly 4 percent, the highest rate since 2011 thanks to its switch to organic farming and value chain production. She expressed hope that with a 54km coastline, Thai Binh will pay more attention to the marine-based economy, including fishing and aquaculture. The top legislator hailed Thai Binh for its leading role in building new-styled rural areas, with 234 communes (88 percent of the province’s total) and one out of the total seven districts expected to be recognised as new-styled rural areas by the end of this year. Stressing Thai Binh’s revolutionary traditions and great contributions to the national liberation war, she asked the province to ensure preferential treatment policies for ex-revolutionaries. She also instructed the province to … [Read more...] about NA Chairwoman asks Thai Binh to improve business climate
Typhoon Toraji heading to south
In next 24 hours, typhoon Toraji is predicted to move the westward with its speed up 10 kilometers per hour. By 7pm Sunday, its eye is expected to locate at 11.1 degrees north latitude and 109 degrees east longitude in the territorial waters of Ninh Thuan and Binh Thuan provinces. Due to an impact of the storm, the mid and south- East Sea have experienced threats of gusty rains, sea rough, powerful wind of level 6-1o and big waves of 3-5 meters. The weather condition will result in outbreaks of medium- heavy rains and strong wind in areas of Ninh Thuan, Binh Thuan and Ba Ria- Vung Tau provinces. Within next 24-48 hours, Toraji will move west- southwestwards at around 15 kilometers an hour before it will turn into a tropical low pressure system. By 7pm Monday, Toraji will approach the mainland of the southern provinces with its maximum wind near the center at 40- 50 kilometers an hour. Because of its influence, the south- Central, Central Highlands and Southern regions … [Read more...] about Typhoon Toraji heading to south
BUSINESS NEWS IN BRIEF 18/11
Edelweiss launches Zurich-HCMC air service Vinalines to auction shares of its subsidiary Viet Nam National Shipping Lines (Vinalines) will auction over 13.44 million shares of its holding in Viet Nam Transport and Chartering Joint Stock Company (Vitranschart) on December 5, the Ha Noi Stock Exchange has announced. The shares, accounting for a 22.03 per cent stake of Vitranschart, will be auctioned at the Ha Noi bourse at the starting price of VND1,200 (5 US cents) a share. Vinalines is currently Vitranschart’s parent shareholder with a total of 35.4 million shares, equivalent to 58 per cent of the firm’s voting shares in circulation. Currently, Vitranschart is trading at VND700 per share, and there is almost no matched stock in recent sessions. Vitranschart reported a loss of more than VND182 billion in the first nine months of 2018. Although this figure was VND40 billion lower than in the same period last year, the loss contributed to raising the accumulated … [Read more...] about BUSINESS NEWS IN BRIEF 18/11
Franchising in service sector poised to boom
VietNamNet Bridge - Franchisers in the food & beverage (F&B) sector have been told to continue their business model to prosper, but it is the service sector which will be the future of the franchise industry. Franchising in service sector is poised to boom At the 2018 Retail & Franchise Trade Fair held some days ago in HCMC, many businesses found cooperation opportunities. Many foreign brands of tea, coffee, cakes and tools for bars, cafes and restaurants have also seen opportunities to approach customers. Notably, the franchisers’ associations from Malaysia, Korea and Taiwan also attended the fair to promote their business. Nguyen Tuyet Nhung, CEO of Nana, a brand specializing in ‘purely Vietnamese’ food such as banh cuon (steamed rolled rice pancake), xoi xeo (steamed glutinous rice) and banh te (rice cake), confirmed that many businesspeople came to her stalls with suggestion for cooperation.Growing tendency RELATED NEWS Foreign giants … [Read more...] about Franchising in service sector poised to boom
Moon, Xi agree to closely cooperate for successful 2nd U.S.-N.K. summit
President Moon Jae-in and his Chinese counterpart, Xi Jinping, met to discuss peace efforts on the Korean Peninsula and other issues on the sidelines of the Asia Pacific Economic Cooperation (APEC) forum in the Pacific island country. "The two leaders judged that the second North Korea-U.S. summit and North Korean Chairman Kim Jong-un's visit to Seoul will mark a crucial turning point for the resolution of Korean Peninsula issues," Kim Eui-kyeom, Moon's spokesman, told reporters after the summit. Washington and Pyongyang have been seeking to arrange a second summit between U.S. President Donald Trump and Kim to make progress in their lackluster negotiations on Pyongyang's denuclearization, though such efforts appear to have made little headway. Seoul has been expecting Kim to make an unprecedented trip to the South to reciprocate Moon's visit to Pyongyang in September for their third summit. The Moon-Xi summit came as the South Korean leader pushes to elicit … [Read more...] about Moon, Xi agree to closely cooperate for successful 2nd U.S.-N.K. summit