A Friday announcement on the Bui Chu Diocese’s website said the plan to dismantle the church in the northern province of Nam Dinh, set to begin Monday, will be delayed after discussion among priests and those "who truly want the best for the church." The announcement, signed by Priest Joseph Nguyen Duc Giang, head of the construction team at Bui Chu Cathedral, does not specify for how long the plan will be put on hold. The plan of the Bui Chu Diocese to dismantle the church for rebuilding faced public opposition as soon as it was announced. Soon after, 25 local architects sent a letter to Prime Minister Nguyen Xuan Phuc, Minister of Culture, Sports and Tourism Nguyen Ngoc Thien and Nam Dinh Chairman Pham Dinh Nghi asking them to intervene and save the cathedral. They said the cathedral was "an architectural, artistic and cultural heritage that our ancestors put much work into to create and a unique architectural work found nowhere else in Vietnam, belonging with other national … [Read more...] about Plan to demolish Vietnam’s 135-year-old cathedral put on hold
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Saigon Times to hold conference on Japanese market
Saigon Times to hold conference on Japanese marketThe Saigon Times Daily Food made of rice flour such as rice vermicelli and pho (Vietnamese dried noodles) are favorite items of Japanese consumers. The upcoming conference held by the Saigon Times Group will help local firms gain insights on the Japanese market - PHOTO: TAM AN HCMC – Local firms will have the opportunity to gain insights on the Japanese market in preparation for deeper penetration into the eastern Asian country by attending a conference on ways to expand their businesses into Japan, which is slated to take place on November 29 at the headquarters of the Saigon Times Group in HCMC. The event, titled, “Expand Business into Japan,” will be organized by the Saigon Times Startup Supporting Group, under the Saigon Times Group, in collaboration with ChatWork company. Participants of the event will be informed of the current demands of the Japanese market, particularly the Japanese people and … [Read more...] about Saigon Times to hold conference on Japanese market
Russian President signs decree on holding Russian Year in Vietnam
Russian President Vladimir Putin (Photo: AFP/VNA) Moscow (VNA) – Russian President Vladimir Putin on October 3 signed a decree on holding Russian Year in Vietnam in 2019. In order to further develop the Russian-Vietnamese relations, the Russian Year will be held in the Socialist Republic of Vietnam and the year of the Socialist Republic of Vietnam in Russia in 2019, Sputniknews of Russia quoted the decree posted on the government’s legal information portal as saying. The Russian President also approved members of the organisation committee for the event held in Vietnam, which is headed by Russian Deputy Prime Minister Maxim Akimov. Under the decree, the Russian government is responsible for providing necessary assistance to the organising committee. Financial support for the events in Russia and Vietnam is sourced from the federal budget of Russia.-VNA … [Read more...] about Russian President signs decree on holding Russian Year in Vietnam
Tours to Hanoi’s Opera House put on hold for repairs
Visitors take the tour in September 2017 (Source: http://www.vietnamtourism.com) Hanoi (VNS/VNA) - Tours to Hanoi’s Opera House, a historic landmark in the capital, have been put on hold after less than a year. According to a source from the Opera House, tours had been put on hold while repair work was taking place, and would resume in early September. The tour was run twice a week on Mondays and Fridays and lasted for 90 minutes, costing 400,000 VND (18 USD). When asked about the possibility of reducing the price, the official, who preferred to remain anonymous, said: “We are still running an experimental tour and haven’t decided a fixed price yet. It depends on the art programme, which has not been staged yet.” “The tour is not that interesting and the price is fairly high so travel agencies haven’t shown much interest,” said Le Duc Phong, director of a travel agency in Hanoi. “I have a feeling that the Opera House tour staff are … [Read more...] about Tours to Hanoi’s Opera House put on hold for repairs
Tours to Opera House put on hold
Viet Nam News HÀ NỘI — Tours to Hà Nội’s Opera House, a historic landmark in the capital, have been put on hold after less than a year. According to a source from the Opera House, tours had been put on hold while repair work was taking place, and would resume in early September. The tour was run twice a week on Mondays and Fridays and lasted for 90 minutes, costing VNĐ400,000 (US$18). When asked about the possibility of reducing the price, the official, who preferred to remain anonymous, said: “We are still running an experimental tour and haven’t decided a fixed price yet. It depends on the art programme, which has not been staged yet.” “The tour is not that interesting and the price is fairly high so travel agencies haven’t shown much interest,” said Lê Đức Phong, director of a travel agency in Hà Nội. “I have a feeling that the Opera House tour staff are still very busy … [Read more...] about Tours to Opera House put on hold
Investment in CNG-fueled buses put on hold
Investment in CNG-fueled buses put on holdThe Saigon Times Daily A CNG-fueled commuter bus manufactured by Samco - PHOTO: VAN NAM HCMC – A project to develop a fleet of compressed natural gas (CNG)-fueled public buses in HCMC has virtually ground to a halt due to high operating and maintenance costs. The city kicked off a plan for building 1,680 buses running on CNG in 2014, with preferential loans offered to investors. But high operating and maintenance costs have discouraged investors from participating, Nguoi Lao Dong newspaper reported. According to some transport enterprises, the costs of investing in and maintaining the operation of CNG-fueled vehicles are much higher than those associated with investment in diesel vehicles with the same price support. Low fees and the limited number of passengers hinder investors from expanding to CNG-fueled buses. Numerous enterprises and cooperatives reportedly backed out of plans to invest in the environmentally friendly … [Read more...] about Investment in CNG-fueled buses put on hold
Traffic projects put on hold due to financial shortfalls
Traffic projects put on hold due to financial shortfalls By Van Nam Heavy traffic on Binh Trieu bridges in HCMC. Many traffic projects in the city have been delayed due to financial and site clearance problems - PHOTO: LE ANH HCMC – HCMC’s traffic congestion is not expected to be reduced any time soon, as many traffic projects in the city have been delayed due to financial and site clearance problems, according to information received from a municipal Party Committee meeting that ended yesterday, July 6. Addressing the meeting, Bui Xuan Cuong, director of the municipal Department of Transport, said that 50 on-going traffic projects will probably face delays, pending the injection of much more capital, as well as site clearance completions. Particularly, site clearance work is hindered by legal issues related to the recalling of land and land value appraisals. The city government has found itself locked into a struggle to raise capital, said Cuong, adding that it … [Read more...] about Traffic projects put on hold due to financial shortfalls
State capital divestment at PV Oil put on hold
State capital divestment at PV Oil put on holdBy Minh Tam The divestment of State capital at PV Oil is at a standstill - PHOTO: MINH TAM HCMC - PetroVietnam Oil Corporation (PV Oil), a major fuel trading arm of the Vietnam National Oil and Gas Group (PVN), announced on June 28 its decision to suspend the divestment of State capital until the corporation completes its conversion into a joint stock company (JSC). The suspension follows the Prime Minister’s decision stated in a document released at the end of May. PV Oil has informed four investors and enterprises, which have confirmed their continued involvement in the divestment, of the Government’s decision and a plan to call on these firms to support PV Oil after its equitization. On January 25 this year, PV Oil launched its long-awaited initial public offering, selling 206.8 million shares to 1,333 individuals and 45 organizations at home and abroad. The Government fetched more than VND4.17 trillion (US$182 … [Read more...] about State capital divestment at PV Oil put on hold
Application of national organic standards remains on hold
Application of national organic standards remains on holdThe Saigon Times Daily The Ministry of Science and Technology issued national standards on organic agriculture late last year, but the application of these standards remains at a standstill - PHOTO: THANH HOA HCMC - The Ministry of Science and Technology issued national standards on organic agriculture late last year, but the application of these standards remains at a standstill, hindering the operations of enterprises manufacturing and trading in organic products, according to Nguoi Lao Dong newspaper. The key reason for the delay is that the Ministry of Agriculture and Rural Development has not introduced guidelines for applying the standards. Enterprises are still awaiting specific instructions. Nguyen Lam Vien, general director of Vinamit Trading Corporation, said these standards are crucial for enterprises wanting to develop their brands locally. Vinamit also needs these standards so that it can adjust its … [Read more...] about Application of national organic standards remains on hold
VN Index rising on good market sentiment
The Vietnamese stock benchmark VN Index came close to its new record high of 1,200 points last week on the prolonged rally of large-cap shares, and the uptrend is expected to continue in the coming five sessions. The VN Index on the HCM Stock Exchange gained 0.57 per cent to end Friday at 1,199.96 points, totaling a three-day growth of one per cent and making a weekly gain of nearly 2.2 per cent. The same pattern also occurred for the HNX Index on the Ha Noi Stock Exchange. It ended last week at 138.02 points, up two per cent after two days and total 4.2 per cent from the previous trading week. An average of 304 million shares was traded in each of the past five sessions, worth VND11 trillion (US$495.3 million). The trading figures were up 12 per cent in volume and 42 per cent in value as compared to the previous week. High investor confidence amid a potential global trade between China and the US helped boost the local stock markets last week, spreading confidence across all sectors … [Read more...] about VN Index rising on good market sentiment