Minister explains labor issues to NA

10:32 | 19/11/2014

VGP – Minister of Labor, Invalids and Social Affairs Pham Thi Hai Chuyen joined a Question and Answer session on November 19 during the ongoing 8th session of the 13th legislature.

Chuyen answered NA deputies’ questions about the situation and solutions to businesses’ violations of the Labor Code, the management of foreign workers, unemployment, job creation, the quality of Vietnamese workers and social subsidies.

Earlier on November 17, Deputy Prime Minister Nguyen Xuan Phuc delivered a report on the implementation of the NA resolutions on Q&A sessions.

The report stated achievements in seven fields, including agriculture and rural development;home affairs; information and communications; finance; education and training; the Ministry of Justice’s management; and inspection work.

NA deputies then joined a plenary session to discuss the report.

On the same day, Minister of Industry and Trade Vu Huy Hoang was the first Cabinet member to answer NA deputies’ questions related to his entrusted field.

Minister of Home Affairs Nguyen Thai Binh and Minister of Transportation Dinh La Thang were questioned on November 18.

As scheduled, PM Nguyen Tan Dung will clarify issues of the public’s concerns and answer directly the deputies’ questions after the Q&A session of the four ministers on November 19./.

                                                                                                                                By Vien Nhu

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HN to sell bio-fuel E5 next month

15:46 | 18/11/2014

VGP – Ha Noi will officially sell bio-fuel E5 at 42 petrol stations from next month onwards, according to the municipal Department of Industry and Trade.

Illustration photo

In December, bio-fuel E5 will be on sale at 28 petrol stations including all stations of Ha Noi Oil and Gas petroleum Joint Stock (PVOil Ha Noi), 12 out of 72 stations of Petrolimex Ha Noi, 5 out of 38 stations of Ha Son Binh Petrolimex, one of 15 stations of the Military Petroleum Corporation, and two out of eight stations of the Military Petrochemical Joint Stock Company.

By February, 2015, bio-fuel E5 will be available in other 14 petrol stations, bringing the total number to 42.

Since 2008, bio-fuel was sold by the Ha Noi Oil and Gas JSC under the PVOil Ha Noi in five out of its eight outlets.

Some provinces and cities are distributing the fuel.  

According to the Ha Noi Department of Industry and Trade, gasoline E5 is expected to contribute to environmental protection and bringing back other economic and social benefits. Thus, communication work should be strengthenedto raise public awareness of the benefits of using gasoline E5./.

By Kim Anh

 

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South Eastern Region contributes 45.6% of export value

14:41 | 18/11/2014

VGP – The South Eastern Region makes up 45.6% of the country’s total export turnover and enjoyed a trade surplus of over US$ 4 billion in the first ten months of 2014.

A corner of Ho Chi Minh City – Illustration photo

The General Department of Viet Nam Customs reported that as of late October, the country’s trade turnover touched over US$ 245.3 billion, up 12.8% against the same period last year or nearly US$ 27.8 billion.  

In the reviewed period, export volume valued over US$ 123.83 billion, up 14.1% or over US$ 15.28 billion in value. Import turnover reached over US$ 121.47 billion, up 11.5% or nearly US$ 12.52 billion.

In the South Eastern Region, six provinces and cities namely HCM City, Binh Duong, Binh Phuoc, Ba Ria-Vung Tau, Tay Ninh and Dong Nai accounted for 45.6% of the total export revenue and 43.2% of the total import turnover.

HCM City continued to lead in trade turnover, earning an export value of nearly US$ 26.5 billion and making imports worth US$ 25.2 billion. The city was the third largest contributor to the national trade surplus.

Binh Duong ranked second with over US$ 14 billion in export revenue and US$ 11 billion in import turnover and enjoyed the largest trade surplus amount of US$ 3 billion.

The Department reported that as of late October, four provinces and cities earned over US$ 10 billion in export revenue, including HCM City with nearly US$ 26.5 billion; Bac Ninh with US$ 18 billion; Binh Duong with over US$ 14 billion and Dong Nai with over US$ 10.9 billion.

Meanwhile, 17 provinces and cities pocketed over US$ 1 billion in export turnover./.

By Kim Loan

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VN-Brazil trade turnover sets new record

14:34 | 18/11/2014

VGP – As of late October, two-way trade  between Viet Nam and Brazil touched over US$ 2.557 billion, representing a year-on-year growth of 35.8%.

Illustration photo

According to the Brazilian Ministry of Development, Industry and Foreign Trade, in the first ten months of 2014, Viet Nam shipped US$ 1,288 billion of goods to Brazil and imported US$ 1,269 billion, up 33.5% and 38.2%, respectively.

Viet Nam chiefly shipped telephones, spare parts, footwear, fish fillet, fiber, and electronic products to Brazil.

Meanwhile, the Southeast Asian country imported coin, soybeans, cotton, raw materials of leather shoe and cigarettes from the Latin American country.

Since 2002, Brazil always ran a trade surplus with Viet Nam except for 2010.

Last year, the two-way trade turnover valued over US$ 2.33 billion, marking the first-time effort of exceeding the US$ 2 billion mark./.

By Kim Anh

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Over 3 million Vietnamese suffer from diabetes

07:00 | 18/11/2014

VGP – With 3.3 million diabetics (about 3.7% of its population), Viet Nam now ranks first in Southeast Asia in diabetes, according to the International Diabetes Federation (IDF).

Associate Professor Dr. Ta Van Binh, Director of the Institute for Diabetes and Metabolic Disorder, under the Ha Noi Medicine University said that the number of global diabetics touched 382 million.

In Viet Nam, since 2002, the number of patients increased three-fold in comparison with ten years ago. In 2008, the number of diabetics among the 30-69-year-old group accounted for around 6%. The rate was 7-10% in urban and industrial areas.

The disease shortens the patient’s life-span by 5-10 years and causes critical blindness, kidney failure and limb amputations./.

By Kim Loan

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Global trade increasingly obstructed, EU Report says

The tendency to impose trade-restricting measures remains strong among the EU’s commercial partners, fuelling continuing uncertainty in the world economy. These are the main findings of the European Commission’s annual report on protectionism published today 17 November.

“I regret to see that many countries still consider protectionism a valid policy tool. This goes clearly against the G20’s commitment to abstain from imposing trade restrictions and to remove existing ones. Protectionism damages global value chains; trade openness is what we need if we are to keep the recovery going, especially in times of global economic and political instability” said Cecilia Malmström, the EU Trade Commissioner. “As acknowledged by the Summit in Brisbane, G20 members need now to give real proof of their collective commitment to openness in trade.”

In the 13 months covered by the report, G20 members and other key EU trading partners adopted a total of 170 new trade-unfriendly measures. The countries that have adopted the most such measures were Russia, China, India and Indonesia. At the same time, only 12 pre-existing trade barriers have been removed. This means that hundreds of protectionist measures adopted since the beginning of the economic downturn continue to hamper world trade, despite the G20 commitment.

The number of measures applied at the border and quickly obstructing trade –already high last year – continued to rise, with Russia applying the highest number of individual measures affecting imports. The number of new exports restrictions has also risen, a trend that is particularly worrying. All countries depend on each other’s natural resources and such practices can have detrimental consequences for global commodity markets and value chains.

Countries also resorted more frequently to discriminatory internal taxation, technical regulations or localisation requirements to shield their markets from foreign competition. China introduced the highest number of such measures.

Investors and service providers also continue to be affected by limitations in access to foreign markets. Finally, the tendency to restrict participation of foreign companies in public tenders remains strong, in particular in the United States.

 

About the Report

The 11th Report on potentially trade-restrictive measures focuses on the period between 1 June 2013 and 30 June 2014 and covers 31 of EU’s main trading partners: Algeria, Argentina, Australia, Belarus, Brazil, Canada, China, Ecuador, Egypt, India, Indonesia, Japan, Kazakhstan, Malaysia, Mexico, Nigeria, Pakistan, Paraguay, Philippines, Russia, Saudi Arabia, South Africa, South Korea, Switzerland, Taiwan, Thailand, Tunisia, Turkey, Ukraine, USA, and Vietnam.

The European Commission publishes the report annually to take stock of compliance with the anti-protectionist commitment made by G20 countries in November 2008. The EU is firmly committed to the pledge made at that time. The report complements the findings of the 2013-2014 monitoring reports issued jointly by WTO, UNCTAD and the OECD.

The G20 Summit held on 15 and 16 November 2014 in Brisbane reaffirmed that the fight against protectionism was a core commitment of the G20.

For further information

Eleventh Report on Potentially Trade Restrictive Measures

More information on EU policy to open markets

Commissioner Cecilia Malmström on Twitter

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Media’s role in respond to climate change enhanced

16:35 | 17/11/2014

VGP – A seminar themed “Media with climate change, agriculture and food security” was jointly organized on November 17 by the Ministry of Agriculture and Rural Development (MARD) and the Research Program on Climate Change, Agriculture and Food Security.

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At the event, reporters and editors from media agencies were informed about negative impacts of climate change on socio-economic development, including the agriculture sector as well as solutions to coping with climate change.

The seminar aims to encourage the participation of the media in communication works in response to climate change and food security in Viet Nam, said Deputy Minister of MARD Le Quoc Doanh.

Earlier, PM Nguyen Tan Dung approved the National Strategy for disaster prevention, response and mitigation and issued the National target program to respond to climate change.

By Thuy Dung

 

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Fruit, vegetable exports to reach US$1.4 bln in 2014

15:43 | 17/11/2014

VGP – China, Japan and the Republic of Korea maintain their status as the largest importers of Viet Nam’s fruits and vegetables over the past nine months of 2014.

Illustration photo

Viet Nam earned around US$120 million each month from exporting fruits and vegetables. 

The nation’s fruit and vegetable exports are expected to set a new record of US$1.4 billion in 2014.

China topped the importers, making a turnover of US$321 million in nine months, a year-on-year increase of 43.84%.

By Thuy Dung

 

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VN helps Royal Cambodian Army develop personnel

15:41 | 17/11/2014

VGP – Viet Nam’s Ministry of National Defense has provided an aid of US$100,000 for the Personnel Department of the Cambodian Ministry of National Defense to support the Cambodian side to renew policy and personnel works.

Photo: VOV

The handover ceremony was held on November 17 in Phnom Penh, Cambodia. 

Speaking at the ceremony, head of the Personnel Department of the Cambodian Ministry of National Defense Meas Som Ol highly valued the Vietnamese side’s implementation of the agreements on cooperation and aid for Cambodia.

In 2014, 300 Royal Cambodian Army officers at all ranks have been trained in Viet Nam.  

By Thuy Dung

 

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Dong Nai’s FDI up 55.6%

15:14 | 17/11/2014

VGP – Industrial parks in the southern province of Dong Nai attracted US$1.4 billion in Foreign Direct Investment (FDI) so far this year.

Illustration photo

The figure recorded an increase of US$500 million compared to the same period last year and up 55.6% in comparison with the year’s plan.

The achievement is attributed to the locality’s improved administrative service.

As many as 31 industrial parks (IPs) have been established on a total area of 9,560 ha in the province. As of October this year, 67.49% of the area has been leased.

According to the Dong Nai Provincial People’s Committee, nearly US$1.55 billion in foreign investment was poured in the province, completing the year’s plan and a year-on-year increase of 38%.

The investment mainly focuses on the high-tech and auxiliary industries. The US has invested more than US$130 million in 28 projects.

The province earned US$10 billion from exports over the past 10 months, up 15%, of which US$2.1 million was gained from the US, the largest importer of the southern province.

By Thuy Dung

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