(VEN) - Benefiting from industry promotion programs’ financial assistance, rural industrial enterprises in the northern province of Ninh Binh have procured advanced technology to improve productivity and product quality. Based in Ninh Binh Province, the Asia Foods Joint Stock Company exports processed agricultural products to Russia (accounting for about 55 percent of the company’s export value) and the Ukraine (40 percent). The company sells the remaining five percent of its products domestically. Benefiting from an industry promotion program, the company implemented a project for building a farm produce processing demonstration model at a total cost of more than VND5 billion. Accordingly, the company procured foreign advanced production equipment with a capacity of 2,000 tonnes of product per year, which helps it churn out products of high quality, meeting food hygiene and safety standards and satisfying the strict requirements of discerning EU markets. The project has … [Read more...] about Ninh Binh Province: Industry promotion boosts productivity
Ministry proposes environmental protection tax cut for biofuel
Latest data showed that the amount of gasoline E5 RON92 consumed across the nation in the first three months of this year was around 740,000 cubic meters, or 37.8 percent of total amount of gasoline. Currently, the environmental protection tax rate of gasoline E5 RON92 is VND3,800 per liter, or 95 percent of tax rate of fossil fuel RON92. In order to encourage consumption of gasoline E5 RON92, the ministry said that the Government should increase the gap between two types of gasoline by adjusting environmental protection tax rate of E5 RON92 gasoline for environmental purpose. Earlier, some fuel wholesalers also asked for reduction in environmental protection tax for E5 RON92 gasoline due to its decreasing consumption, especially since the beginning of this year. Therefore, several gas stations have neglected to sell E5 RON92 gasoline. Some even have removed their E5 RON92 gasoline dispensers and shifted to sell fossil gasoline RON95. On May 17, the ministries of Finance and … [Read more...] about Ministry proposes environmental protection tax cut for biofuel
Fishermen catch a nearly 400 kilogram tuna in Central Vietnam
The big tuna was caught at night on April 15 in the waters of the Truong Sa (Spratly) Islands. Vietnam Tuna Association said that was the biggest ever tuna caught in the waters of Vietnam. On the same day, another fishing boat docked at the port with two tunas weighing nearly 600 kilograms in total. Businesses are working to determine the quality and price of the big tunas to purchase for export. The fishing boat of fisherman Le Van Thai has just brought ashore a 200 kilogram bluefin tuna in the province.By Ngoc Oai – Translated by Phuong Ho Tags: Phu Yen province Central Vietnam bluefin tuna … [Read more...] about Fishermen catch a nearly 400 kilogram tuna in Central Vietnam
Long Bien Bridge gets ‘bombed’ again
What do the Eiffel Tower, the Statue of Liberty and Long Bien Bridge have in common? All three were designed by the great French architect and engineer Gustave Eiffel. All three are iconic and highly symbolic. It is hard to imagine Paris without the Eiffel Tower, New York without the Statue of Liberty and Hanoi without the Long Bien Bridge. In a monumentally ironic and ugly twist, the Long Bien Bridge was heavily bombed by the custodians of the Statue of Liberty during the Vietnam War. But it survived U.S. bombs and is still used by trains, motorbikes, cyclists and pedestrian to cross the majestic Red River. I always get a thrill when I cross the bridge on my motorbike. I can't think of too many bridges in the world that have so much character and sustain their own little world. Hanoians are very fond of their bridge. It is almost like a living creature. You want to treat it with kindness and respect. Which is what this story is about. For some time now, a gang of spray-can vandals … [Read more...] about Long Bien Bridge gets ‘bombed’ again
Vietnam considers adding laughing gas to banned narcotic list
The Ministry of Public Security has said the sale and use of laughing gas balloons for recreational purpose in Vietnam are dangerous and potentially deadly, and there needs to be tougher punishment for them. In response to a resident's question regarding the control of laughing gas, the ministry said on its website earlier this month that it would closely monitor the import, management and sales of nitrous oxide (N2O), and demand guarantees from distributors that the chemical would not be used on humans. After identifying the extent to which laughing gas is used recreationally and considering existing international regulations, it would seek to add nitrous oxide to the list of known narcotics and precursors to suitably punish the illegal sale, transport and production of the substance, it said. Nitrous oxide is capable of inducing feelings of euphoria due to its impact on the neurological system, and so can be used as a recreational stimulant. But overuse may lead to memory or sleep … [Read more...] about Vietnam considers adding laughing gas to banned narcotic list
PM’s Russia visit to deepen all-round cooperation
PM Nguyen Xuan Phuc held talks with his Russian counterpart Dmitry Medvedev on May 16, 2016 during the Vietnamese leader's official visit to Russia. (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc’s official visit to Russia from May 20-23 demonstrates that Vietnam treasures the traditional friendship and comprehensive strategic partnership with Russia, and wishes to strengthen the all-round cooperation, especially in economy, trade and investment. The visit takes place in the context that both nations will organise the Vietnam Year in Russia and Russia Year in Vietnam in 2019 and 2020 to mark the 25th anniversary of the treaty on basic principles for the bilateral relations (1994-2019), and 70th anniversary of the diplomatic ties (1950-2020). Russia is one of the first nations to recognise and establish diplomatic relations with Vietnam on January 30, 1950, which has laid the foundation for the close friendship and comprehensive ties between the two countries. … [Read more...] about PM’s Russia visit to deepen all-round cooperation
South Korean food delivery firm acquires Vietnammm
Baemin Vietnam has joined Vietnam's food delivery market. Photo courtesy of Baedal Minjok South Korean food delivery service Baemin has entered Vietnam, acquiring local firm Vietnammm. Vietnammm’s Facebook fanpage changed to Baemin Vietnam starting early this week. Vietnammm has said it would continue to operate alongside Baemin Vietnam until further notice. Woowa Brothers, the South Korean firm that owns Korean delivery platform Baedal Minjok and its subsidiary Baemin, acquired Vietnammm in February. Woowa Brothers raised $320 million in 2018 and became a South Korean unicorn startup with a valuation of $2.6 billion. The company said it would use the new capital to expand into foreign markets including Vietnam. Founded in February 2011, Vietnammm is one of the pioneering players in Vietnam’s food delivery sector. Backed by Netherlands’ Takeaway.com, the startup acquired Foodpanda’s Vietnam operations in 2015. New player Beamin will face strong competition … [Read more...] about South Korean food delivery firm acquires Vietnammm
Ten drug smugglers sentenced to death in Vietnam
Vietnam has sentenced 10 people to death for smuggling meth, ketamine and ecstasy across the country by train, state media reported Friday as the country deepens its crackdown on drugs. The gang shifted 300 kilograms (660 pounds) of drugs from northern Vietnam to the southern economic hub of Ho Chi Minh City between 2015 and 2016. Five men and five women were given the death penalty after the trial this week in Hanoi, while two others got life in prison. "The two ringleaders were paid hundreds thousands of dollars," for trafficking the drugs, local media reported. Court officials could not be reached for comment on Friday. The repeated haul of huge amounts of drugs is happening despite Vietnam having some of the world’s toughest drug laws. Those convicted of possessing or smuggling more than 600 grams of heroin or cocaine or more than 2.5 kg of methamphetamine could face the death penalty. The production or sale of 100 grams of heroin or 300 grams of other illegal narcotics is … [Read more...] about Ten drug smugglers sentenced to death in Vietnam
Boeing acknowledges defects in 737 MAX simulator software
By AFP  May 19, 2019 | 09:07 am GMT+7 An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, US on Mar 21, 2019. Photo by Reuters Boeing acknowledged Saturday (May 18) it had to correct defects in its flight simulator software used to train pilots to fly the 737 MAX, the aircraft model involved in two deadly crashes that killed 346 people. "Boeing has made corrections to the 737 MAX simulator software and has provided additional information to device operators to ensure that the simulator experience is representative across different flight conditions," the company said in a statement. "These changes will improve the simulation of force loads on the manual trim wheel. Boeing is working closely with the device manufacturers and regulators on these changes and improvements, and to ensure that customer training is not disrupted." … [Read more...] about Boeing acknowledges defects in 737 MAX simulator software
Vietnam fails to enact laws to regulate condotels: experts
Nguyen Manh Khoi, deputy head of the Ministry of Construction's department of house and real estate management, said at a recent forum that though regulations are now clearer than before, the ministry has yet to provide specific directions on how this type of property should be managed or technical specifications. This has led to inconsistency in interpretation of regulations in different places, creating opportunities for corruption, industry insiders said. Dang Hung Vo, a former deputy minister of natural resources and environment, said authorities are confused by the name of property segments whereas they should be focusing on their function to define them. Vietnamese have always been using their houses for both residential and commercial purposes, and a condotel is the same, he said. "If a condotel owner wants to use their condotel for commercial purposes, authorities can tax that business activity." He suggested that the laws should be changed to include multi-purpose real estate, … [Read more...] about Vietnam fails to enact laws to regulate condotels: experts