HA NOI (VNS)— Despite being ranked among the world's fastest growing markets, Vietnamese stocks plunged steeply in April as more than US$2.4 billion was wiped from investors' accounts with large-cap shares suffering the biggest losses. According to American Bespoke Investment Group, Viet Nam ranked 11th among the 40 best performing stock markets in the world, gaining 15 per cent from January to April 24. In Asia, Viet Nam trailed Japan, the Philippines and Indonesia but ranked above Thailand … [Read more...]
Ha Noi to grant foreign home rights
May 2, 2013 by Leave a Comment
HA NOI (VNS)— The Ha Noi People's Committee has agreed to grant certificates of land-use rights and house ownership, known in Viet Nam as a "red book", to overseas Vietnamese and foreigner home buyers. As of May 4 this year, eligible home buyers who meet all the necessary requirements will be able to obtain a red book to certify their home ownership and land-use rights. They can own the property for no more than 50 years. Within 12 months of the ownership certificate expiring, foreign … [Read more...]
Northern provinces’ specialties to be introduced
May 2, 2013 by Leave a Comment
A fair showcasing the northern region's agricultural, industrial and commercial products will be held in Ha Giang province from May 3-9. Radio the Voice of Vietnam (VOV) website quoted Nguyen Duc Vinh, director of the Ha Giang provincial Department of Agriculture and Rural Development, as saying that the fair is part of the national agricultural promotion programme which aims to develop agriculture and forestry in northern provinces in the process of rural industrialisation and … [Read more...]
Prisoners handed Liberation amnesty
May 2, 2013 by Leave a Comment
DONG NAI (VNS)— The province has granted amnesty and reduced sentences to 97 prisoners on the occasion of the Liberation Day on April 30. The prisoners were granted sentence reduction from 3-15 months. The province had announced the policy several months ago and had provided training for the prisoners on how to integrate into society. — VNS … [Read more...]
Legal documents take effect since May
May 2, 2013 by Leave a Comment
The Labour Code (revised), the Law on Prevention and Control of Tobacco Harms, regulations regarding marriage involving foreign elements are among legal documents that took effect as of May 1. According to the Vietnam Government Portal (VGP), the new Labor Code, which includes 17 chapters and 242 articles, was designed to promote gender equality in recruitment, use, training and salary regime for labourers. Under the law, maternity leave will increase to six months instead of the current four … [Read more...]
Tay Giang Rubber Plantation 2 set up
May 2, 2013 by Leave a Comment
Up to now, 1,300 ha of rubber tree were planted in 6 lowland communes of Tay Giang district: A Vuong, A Nong, A Tieng, Lang, Bha Lee and Dang according to the co-operation with Quang Nam- Nam Giang rubber company, Ltd. To expand the plantation area and create favourable conditions for production management, the Viet Nam Rubber Group (GERUCO) established Tay Giang Rubber Plantation 2 (directly dependent on Nam Giang one member rubber company, Ltd.). New plantation has 7 co-production teams and … [Read more...]
Chlorine employed to fight shrimp disease
May 2, 2013 by Leave a Comment
CA MAU (VNS)— The Ministry of Agriculture and Rural Development will provide 55 tonnes of chlorine to shrimp breeders in the southernmost province of Ca Mau to help prevent shrimp diseases. Statistics from the provincial Animal Health Department showed that nearly 4,400ha of shrimp farm have contracted diseases since early this year. Ailments such as "white pot" and "red body" have been for the death of many shrimps. — VNS … [Read more...]
Illegal frog, fish meat seized from market
May 2, 2013 by Leave a Comment
HA NOI (VNS)— Ha Noi Market Watch seized nearly 1,100 frogs and over 600 mullet suspected of being illegally imported from China last week. The owner, Tran Thanh Lam, 32, of northern Hung Yen Province, failed to show documents to prove their origin. An initial investigation has allegedly revealed that Lam hired people to go through Mong Cai Border gate in northern Quang Ninh Province to buy mullets and frogs in China and sell them in Yen So market in Hoang Mai District. — VNS … [Read more...]
Hue holds May Day boat race
May 2, 2013 by Leave a Comment
All aboard: Boats compete on Hue's Perfume River as part of the May Day festivities. — VNS Phuoc Buu THUA THIEN HUE (VNS)— Hue authorities yesterday held a boat race on Perfume River to celebrate May Day. Eight boat teams from Hue and its outskirts competed on the 3km of the river that runs through the former capital city. Each boat team had a skipper and 10 crew, who were fishermen and farmers. The race was organised under traditional rules set up during the feudal times of the Nguyen … [Read more...]
“Developing tourism and marine services” Quang Nam told
May 2, 2013 by Leave a Comment
The provincial People's Committee has just passed the overall planning of coastal area from Dien Ban district to Hoi An city as the tourism - marine services development area and the tourism - services - residental area complex in northern Quang Nam. Hoi An. By D.HOANG According to the approved planning, from now to 2020, with the population of about 40,000, the total land area will be 1,060ha. In the period of 2020 - 2030, with the population of about 60,000, the total land will be 1,586ha. … [Read more...]
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