Thứ Ba, 31 tháng 3, 2009

Riedl may return to Vietnam

VietNamNet Bridge – Two clubs, which are both playing at V-League 2009, intend to invite Austrian coach Alfred Riedl back to Vietnam.


After Song Lam Nghe An club revealed that it invited Riedl to lead their team, one more club also wanted to have Riedl.

Recently, Mae Mua, FIFA’s representative in Vietnam, who is said to have helped Song Lam Nghe An negotiate with Riedl, disclosed that not only this team, but another club as well, wishes to have Riedl back in Vietnam as soon as possible. However, Mua refused to reveal the name of the other club.

It is believed that there are few clubs playing at the First Division Tournament that can afford to hire Riedl. The richest club, Vissai Ninh Binh, changed its coach recently by appointing coach assistant Nguyen Van Sy to be the chief coach and coach Doan Minh Xuong to become technical manager.

It is sure that there will be no seat for Riedl at Ninh Binh. Moreover, he told Vietnamese reporters on the phone on March 30 that there are not many suitable teams for him ain Vietnam’s First Division Tournament.

At the National Championship - V-League, changing coaches seems to be a trend. After the change at Hoang Anh Gia Lai and Cement Hai Phong, some ambitious teams that did not play well recently, for example T&T Hanoi and Dong Tam Long An, may change their coaches in the next rounds.

The door for Riedl to come back to Vietnam is still open and he is waiting. After being fired by Cement Hai Phong after three matches, Riedl was not disappointed or worried about becoming inferior in the eyes of Vietnamese clubs.

The Austrian coach still considers Vietnam to be his second hometown and he confirmed that he would lead any club in Vietnam because the football season in Vietnam has just ran for the first half.

My Lan

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HCM City: More trains for national holidays


VietNamNet Bridge – To serve the increasing demand for travel during the upcoming holidays - Gio To Hung Vuong (Hung Kings’ death anniversary), HCM City’s Liberation Day (April 30) and the May Day – the Saigon Railway Station will put an additional six pairs of trains on the Saigon – Nha Trang route.

On the occasion of the Hung Kings’ death anniversary (April 4), besides a daily train (SNT72), there will be two more trains (SN4 and SN6) for the HCM City – Nha Trang route on April 3.

The SN4 train will depart from the Saigon Railway Station at 10:10pm and the SN6 train will leave the station at 11:15pm on April 3. There will be one more train to bring passengers from Nha Trang to HCM City on April 5 and 6.

For the HCM City Liberation Day (April 30), there will be an additional four pairs of trains from HCM City to Nha Trang from April 29 to May 2.

The Saigon Railway Station said that the increase of trains for the Saigon – Nha Trang routes during holidays is to serve visitors from HCM City to the central region.

VietNamNet/VNE

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Experiment of Life and Death

20:37' 30/03/2009 (GMT+7)

Photographer My Dung and his installation artwork.

VietNamNet Bridge – Visiting Viet Art, Yet Kieu street, Hanoi these days, visitors will immediately notice a big, dark-skinned, heavily bearded man. He is photographer My Dung.

At first look, somebody may be “shocked” by his threatening appearance, plus his heavy voice from the central region. But he is very gentle. His eyes are gentle and “professional”, too, to record interesting moments in life.

My Dung went from the central city of Da Nang to Hanoi this time to join the atmosphere of contemporary art in Hanoi and to introduce his photos and installation works. Dung, 51, has had several photo exhibitions at home and abroad.

Dung’s photos are named Hanh (conduct) – Phuc (blessing) [Hanh Phuc – happiness], Sinh (birth) – Tu (death) [Sinh Tu – life and death], On (favour) – Nghia (gratitude) [On Nghia – favour], Tien (money) – Tu (prison), and Phat (Buddhism) – Phap (law) [Phat Phap – Buddhist law], which are very meaningful and great concepts in life and in Oriental faith.

Do My Dung’s photos convey these meanings? It depends on the audience’s feelings. However, some photos have very strange angles: Light from a narrow window shines on the dark corner of a prisoner or a funeral with fishermen who are putting a coffin into a fishing boat.

The most impressive photos may be “Sinh” (birth) and “Hanh” (conduct). In “Sinh” is a crying baby with an umbilical cord. The “Hanh” photo features the smile of a bride in a wedding party where all attendants are blind people.

Between the photos entitled “Sinh” and “Tu”, My Dung has put ten glass walls, with one eye on each wall. A rope goes through “Sinh” and “Tu”, passing through eyes. Below the glass walls are glass tanks, full with words On, Nghia, Tien, Tu, Phat, Phap and others.

On the photo named “Tu”, Dung spreads out many buttons, based on the custom in the central region. A dead person will not take buttons with him.

My Dung explains that the ten glass walls symbolise the ten “doors” and values of life and the glass tank is the ocean of misery.

Above, he has hung a net with many puppets. He said it is Heaven’s Net.

An exhibition called “Corners of Quietness” is now showing at Viet Art Centre, presenting artworks by three artists: My Dung with “I ABC Look”, poet and designer Huynh Le Nhat Tan with “Existence Hyphen” (paintings and poem), and visual art artist Nguyen My Le with “My Parents” (photos and art videos).

VietNamNet/TP

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GM crops to cushion food security

VietNamNet Bridge – The expected introduction of genetically modified plants into the Vietnamese market in 2015 will give consumers more choice, says director of the Agricultural Genetics Institute Associate Professor Le Huy Ham.

Farmers in Le Loi District, Kon Tum Province harvest maize. The plan to introduce genetically modified crops in 2015 is expected to boost consumer choice.

Vietnamese scientists officially began studying genetically modified (GM) plants in 2006 with the Government's decision on the national biological technology programme. Prior to the official start, however, scientists had been making preparations for years.

"Creation of a GM plant takes a minimum of seven to 10 years and on average costs at least US$50-100 million," says Ham.

Some of the current GM plants that have been grown in country's laboratories include the GM papaya, developed at the Biological Technology Institute, which is speck resistant.

The Agricultural Genetics Institute has developed a GM corn resistant to pestilent insects and herbicides. The Cuu Long (Mekong) Delta Rice Institute has developed a GM soybean and a GM cotton, both resistant to droughts.

The State budget funds all GM plant studies in response to the Government's priority on the national biological technology programme, which follows only the nation's information technology programme, he adds.

Viet Nam has learned a lot as a follower of global GM achievements made over many years. To date, up to 800 million hectares of GM plants have been grown in 25 countries, says Dr Randy Hautea, Global Co-ordinator of International Service for the Acquisition of Agri-biotech Applications, which has centres worldwide.

Money saver

"Application of GM technology is an irresistible trend in the context of the suffering caused among people and plants as a result of climate change, when scientists can hardly forecast when it will be rainy or sunny or when drought or floods will occur," says Ham.

Coupled with the loss of agricultural land for industrialisation and urbanisation, and the fast pace of population growth, there is no other way to develop plants that will adapt to the changing climate to maintain the nation's food security, he adds.

Advantages of GM plants include increased productivity, lower costs, environmental protection and healthier people as a result of reduced pesticide use.

The Ministry of Agriculture and Rural Development (MARD) said that GM crops such as corn, cotton and soy-beans could result in huge savings. For example, the use of GM corn could save US$500 million a year.

Farmers welcome the development of GM plants because they will be the first group to benefit.

"Any new method which lessens the hardship for farmers and raises productivity would be welcomed by farmers," says farmer and chairman of northern Nam Dinh Province's My Thuan Commune's People's Committee Le Van Cuong.

At first, farmers were reluctant to use the highly productive corn variety created with the use of radioactivity. However, now this variety accounts for 80 per cent of the cultivation areas in my commune, says Cuong.

"I have known about the introduction of GM plants to farmers. It will be good because the country currently must import a lot of corn due to its low domestic yield," he says.

For 13 years, billions of tonnes of GM plants have been consumed worldwide and they have not been discovered to cause diseases. This proves the safety of GM plants to human health, Ham adds.

Radioactivity has been used to alter plant genes since the 1950s throughout the world and since the 1980s in Viet Nam. However, the technique was then less-advanced than the current method for GM, which uses a portion of one plant's gene and attaches it to the genes of another, Ham says.

"Nobody is against this so there is no reason to be against this, it just seems to be too new for everybody to accept," he adds.

The country currently imports millions of tonnes of corn, cotton and soybeans every year, so scientists are focused on studying these plants to eventually grow them over large areas, says Ham.

Protecting genes

While the United States, Canada and developing countries in Africa, Americas and Asia support the use of GM plants, many European countries have yet to agree with their use, according to Professor Le Doan Dien, deputy chairman of Viet Nam's Food Science and Technology Association.

"The argument, in part, is a result of the trade benefits that a few countries have gained because of their advances in genetic engineering. Countries new to GM studies will temporarily oppose GM products in order to maintain a technical barrier for protection of their domestic farmers and enterprises. They will wait until their GM technology is competitive, allowing them to benefit," says Le Thi Thuy Van, a Financial Science Institute expert.

Many opponents to GM plants say there is no way to ensure that GM organisms will remain under control, and that the use of this technology outside secure laboratory environments represents multiple unacceptable risks to both farmed and wild ecosystems.

"I have no idea why we do not take the time to study ways of preserving our traditional plants, such as the Ha Giang Orange, the Nam Roi Pomelo, the Bac Giang Lychee or Nang Huong Rice, rather than mixing them with other plants that can lead to the loss of the original species," says Dr Nguyen Van Khai, who is well known for his vegetable and plant protection methods.

Existing plants have already experienced the natural selection process for hundreds of years at least. This proves their own strength and pre-eminence. It is impossible for humans to take only a few years to decide which gene can be mixed with another and assume that the new one is more perfect than the old one, says Khai.

Any bad impacts from GM plants will take 50 years, an entire generation, to be known clearly. However, GM plants are the product of ear generation's technological advancements. It shows the variety of choices and the reality at this moment, says Khai.

So, when GM products are introduced into the market, customers should have the right to make a choice. This means they need to have access to all information about GM in order to make a decision, he says.

By the end of this year, specific regulations to clearly define the processes for study, application and use of GM plants to ensure complete safety for people and to avoid harmful environmental effects will be released by the Ministry of Agricultural and Rural Development.

"Before GM plants reach the people, scientists and the Government must be responsible for their safety," says Ham.

VietNamNet/Viet Nam News

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Over 100 universities ‘owe’ standards for graduates

VietNamNet Bridge – The Ministry of Education and Training asked universities to announce their standards for graduates prior to the end of 2008. However, to date, only three universities have announced the standard quality of their graduates, while the other 100 universities still ‘owe’ their standards.

Compilation work unfinished

The Ministry of Education and Training asked universities to announce their standards for graduates prior to the end of 2008

At the conference on university training quality held in early 2008, Deputy Prime Minister and Minister of Education and Training Nguyen Thien Nhan asked universities to announce the quality standards for their graduates, which Nhan said was very important to improve the quality of university training.

To date, in the south, only two universities have officially announced the standard quality for their graduates, the HCM City University of Technical Education and HCM City Economics University. In the north, only the University of Trade has announced the standards.

Dr. Nguyen Thanh Nam, Head of the Training Division of the HCM City University of Technology, said that its faculties have finished compiling the quality standard, and that the university will announce the standards after editing.

What is noteworthy is that all the universities which have announced standards set the TOEIC mark at 450 as the standard.

Tran The Hoang, Head of the Training Division under the HCM City Economics University, said that TOEIC will be applied for the 34th class and afterwards, while the standards will not be applied to students of previous classes.

A lot of universities said that they have not begun building up standards yet. President of the Thang Long University Phan Huy Phu said that “The quality standards for graduates are just the training purposes,” adding that the university will just have to report to the Ministry of Education and Training the training purposes as the quality standards for graduates.

Sharing the same view, Head of the Training Division under the Hanoi University of Technology Hoang Minh Son, said that when building the curriculum for every branch, the university sets the goals for the studies which students need to obtain after the training courses. Therefore, if students can reach the goals, it means that they can meet the expectations of the training courses, and they can meet the quality standards for graduates.

Is it necessary to build up standards?

While some universities think that the quality standards for graduates are the same with the training purposes of study branches, President of Trade University, Nguyen Bach Khoa, said he can see some differences between the training purposes and quality standards for graduates.

Khoa said that his university has finished compiling the standards partially because it fears that the Ministry of Education and Training will cut the enrolment quotas. However, Khoa said that he finds it a necessity, as the standards can help better assess the training quality and help heighten the lecturers’ responsibility.

Associate Professor Dr. Thai Ba Can, President of the HCM City University of Technical Education, also said that the training purposes prove to not be concrete, with which learners do not know if they can meet the required standards or not. The employers also do not know if they can employ the right candidates.

Therefore, Can believes that the announcement of the quality standards proves to be very necessary. With the standards, learners can know what they need to learn to meet the standards and what they will get after the training courses.

The HCM City Economics University also considers the quality standards for graduates as the legal basis for the university in producing the students who can meet the requirements of the society.

Kieu Oanh
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A good start for low-cost housing program

VietNamNet Bridge – After introducing two five-storey apartment buildings priced at VND195 million per unit in Thuy Xuan Tien Commune in Hanoi’s Chuong My District, Vinaconex Xuan Mai Concrete and Construction Joint Stock Co. plans to develop another project offering 40,000 square meters of low-cost apartments late this year.

Surprisingly, the two buildings look like high-class commercial complexes with kindergartens, high-schools, entertainment zones and shopping centers. Each condo is well-designed with two bedrooms, a living room, a bathroom and a common space.

Very low prices

A view of the Vinh Yen condo building in Vinh Phuc Province.

To everybody’s great surprise, Vinaconex Xuan Mai, a subsidiary of Vietnam Construction Import-Export Joint Stock Co., has offered the two buildings in Chuong My District at VND4-5 million per square meter and estimated to price the new building at just VND3 million per square meter. Located in Lien Bao ward in Vinh Phuc Province, the Vinh Yen building will comprise 536 flats at VND4.5 million per square meter on the first floor, VND3 million on the second or third and around VND2.7 million above that.

Home buyers will have to pay 40% down. “We provide a quality guarantee despite the low prices,” Vinaconex Xuan Mai’s chairman and general director Dang Hoang Huy stresses, given that the low prices may raise quality concerns.

Thanks to technology and advanced building materials, the entire five-story, 30 unit building went up in just three months at reduced cost and labor, Huy explained.

“If we can enjoy value added tax exemptions we will reduce prices to VND2.2-2.3 million per square meter,” Huy adds.

These projects were denied bank loans as they were considered infeasible. “If we get more financial support in interest rates or land use fees, we can build thousands of low-priced houses in any locality nationwide,” Huy says.

A praiseworthy model

Vinaconex Xuan Mai is sacrificing some of its potential profits to create jobs and share the low income housing burden. “This is long-term development strategy of our company,” Huy says. The enterprise is developing a condo project next to the Xuan Mai apartment building which is expected to be complete in mid-October. Condos measure 60-65 square meters and are VND5.9 million per square meter. “The project is designed for all home buyers and we will help customers access 15 year loans for 70% of the value of the house,” Huy says.

He also suggests the Government help enterprises join the policy housing program and the removal of restrictions that limit the height of the buildings to below six stories and 60 square meters per flat. “House prices vary from one place to another and the regulation will trouble enterprises,” he explains.

Deputy Minister of Construction Nguyen Tran Nam in a recent press briefing has encouraged enterprises to adopt low-priced housing projects of Vinaconex Xuan Mai. “Many low-income residents can buy houses at VND195 million each,” Nam says.

The Construction Ministry will submit its social housing plan to the Government this week. The project is invested with nearly VND1.5 trillion to supply around 330,000 square meters of low income housing by next year. Each house is 50 square meters and between VND165-200 million.

VietNamNet/SGT

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U.S. stocks tumble on auto industry, bank concern

U.S. stocks tallied steep losses on Monday as investors grew more concerned about the auto industry and ailing banks.

Traders work on the floor of the New York Stock Exchange March 30, 2009..(Xinhua/Reuters Photo)

Dow is down more than 254 points, which is the biggest one-day drop, both in point and percentage, since March 5. A total of 28 of the 30 stocks fell.

The White House ousted Rick Wagoner, CEO of General Motors and ordered GM and Chrysler to overhaul their recovery plans for further aid. President Barack Obama said on Monday that neither companies have proposed sweeping enough changes to justify further taxpayers' money. Bankruptcy may be the best option for the automakers, a government official said. GM shares fell 92 cents, or 25.41 percent, to 2.70 dollars.

Financial sector saw sharp declines on Monday after U.S. Treasury Secretary Timothy Geithner said Sunday during a television interview that banks would likely need substantial government aid.

Bank of America fell 1.31 dollars, or 17.85 percent, to 6.03 dollars a share. JPMorgan Chase & Co. shed 2.55 dollars, or 9.31 percent, to 24.85 dollars a share. Citigroup shares lost 31 cents, or 11.83 percent, to 2.31 dollars.

The Dow Jones fell 254.16 to 7,522.02. Broader indexes also went sharply lower. The Standard & Poor's 500 index tumbled 28.41 to 787.53 and the Nasdaq declined 43.40 to 1,501.80.

VietNamNet/Xinhuanet

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Banks trying to raise capital, investors worry

VietNamNet Bridge – Commercial banks have started a new process of raising chartered capital after they successfully increased the capital to VND 1 trillion prior to December 31, 2008.


The Decree No. 141 2006 stipulates that the legal capital commercial banks must have by December 31, 2010 is VND 3 trillion, which means that small banks do not have much time and they need to start increasing capital beginning now.

Dai A, Viet Nam Tin Nghia, and Dai Duong, which had just raised the chartered capital to VND 1 trillion by the end of 2008, are now drawing up the plan to raise the capital to VND 2 trillion by the end of the year, before it raises the capital to VND 3 trillion by the end of the next year.

The General Director of a bank admitted that it is very difficult to raise capital at this moment, but it has to as it does not want to see the operation license revoked.

According to Dr. Le Tham Duong from the HCM City Banking University, there are two reasons for banks to try to increase capital; in order to meet the requirement on VND 3 trillion in legal capital by December 31, 2010 and in order to improve the financial capability.

The East Asia Bank’s shareholders’ meeting has approved the plan to raise the chartered capital from VND 2.9 trillion to VND 3.4 trillion, while Sacombank goes from VND 5.1 trillion to VND 6.7 trillion.

Doubts rose about feasibility

At the shareholders’ meeting of Sacombank held several days ago, a lot of shareholders of the bank expressed the doubts over the feasibility of the capital increase plan this year. They have every reason to worry, especially when Sacombank in 2008 had to cancel the plan on issuing shares to the public to raise capital top VND 6 trillion.

Even the Asia Commercial Bank, which is considered to have powerful financial capability, also keeps cautious with its capital increase plan. The bank has decided that it will raise capital if it exceeds the profit plan in the first half of the year, while it will delay the plan if it does not.

Several commercial banks already have the money needed to increase capital. ACB, for example, will use VND 1.3 trillion it got from the convertible bond issuance previously to increase chartered capital to VND 7.7 trillion by the end of 2009. Eximbank’s shareholders will not have to spend more money, as the bank plans to use VND 6 trillion in surplus it got previously from selling stakes at high prices. Saigon Bank plans to raise capital from VND 2 trillion to VND 3.4 trillion by issuing convertible bonds.

Meanwhile, the banks, which have to issue shares to increase capital, will have to face big challenges as the share prices have been decreasing.

There are not many lucky banks like the An Binh Bank, whose foreign partner Maybank is ready to pay money to purchase more shares. The global financial crisis has forced many big banks in the world to narrow their operations.

A HCM City-based joint stock bank has announced that it has stopped negotiations with a foreign partner on selling stakes.

A lot of banks think that they should issue more shares to existing shareholders. However, this proves to be the solution which does not have high feasibility. Local newspapers have reported that a bank announced the deadline of February 25 for registering to buy shares, but many of its shareholders missed the registration.

VietNamNet/TP
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Japan signs diplomatic note to resume ODA for Vietnam


VietNamNet Bridge – Vietnam and Japan will sign a diplomatic note to resume the granting of Japanese official development assistance (ODA) to Vietnam at the headquarters of the Ministry of Planning and Investment in Hanoi on March 31.

The signing ceremony will be chaired by Minister of Planning and Investment Vo Hong Phuc and Japanese Ambassador to Vietnam Mitsuo Sakaba.

The total amount of Japanese ODA committed to Vietnam is said to be JPY73.2 billion (around $900 million). This sum will be allocated to four projects: the construction of Hanoi’s urban railway system, the second phase of Hanoi’s water drainage project, a water drainage and environment improvement project in Hai Phong, and the upgrading of bridges and provincial roads.

The two sides agreed to set up an agency under the Ministry of Planning and Investment to play the role of a third party to evaluate and choose the best contractors for projects funded by Japanese ODA.

On February 23, after a talk with Minister Vo Hong Phuc in Tokyo, Japanese Foreign Minister Nakasone announced the resumption of Japanese ODA grants to Vietnam.

In a recent talk with VietNamNet, Japanese Ambassador Mitsuo Sakaba confirmed Japan’s consistent policy of “always trying to assist Vietnam’s development”. Despite economic slowdown and the decrease of ODA grants for other countries, Japan has increased ODA for Vietnam.

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GDP growth expected to be 5%, overspending 8%

VietNamNet Bridge – At the first online cabinet meeting on March 30, Prime Minister Nguyen Tan Dung said that with a first-quarter GDP growth rate of 3.1%, the lowest level in many years, the government might have to ask the National Assembly to reduce the expected GDP growth rate to 5% and increase the scheduled state-budget overspending to around 8% for 2009.



Previously, the expected GDP growth rate was set at 6.7%. At the cabinet meeting in October 2008, the Government said it would try to maintain the GDP growth rate at 6.5% in 2009 and slash overspending to 4.3%, compared to 4.8% of 2008, through cutting down regular expenditures.



In late December 2008, at the National Assembly Standing Committee’s session, Finance Minister Vu Van Ninh admitted: “The impacts from the global economic crisis came earlier and quicker than the forecast made at the 4th National Assembly session. At that time, the National Assembly’s resolution noted that the expected GDP growth rate for 2008 was 6.7%. At the cabinet meeting in November 2008, the Government still said that the GDP growth might reach 6.5%. But statistics by December 23 showed that the figure was 6.23%”.



“The growth rates for all major economic fields fell very quickly in the last three months of the year. The situation seems to be very bad, with mutations in every area,” Ninh spoke to the National Assembly Standing Committee.



Tax reduction suggested



At the cabinet meeting on March 30, the Chairman of the National Financial Supervision Committee, Le Duc Thuy, said that the GDP growth rate of 3.1% in the first quarter of 2009 is the bottom point. The figure will increase in the coming time.



Related to the proposal of adjusting the expected GDP growth rate for 2009, Thuy said that it is very good if Vietnam gains a growth rate of 5% this year. The change of planned GDP growth rate is not meaningful in terms of theory but it will have a positive impact on budget estimations and the government’s spending.



The inflation rate in the first quarter is also lower than forecasted; Thuy suggested lowering the lending interest rate from 8% to 6%, to encourage economic sectors.



Minister of Planning and Investment Vo Hong Phuc put forward groups of solutions to encourage economic growth, such as concentrating investment in key projects, quickly disbursing official development assistance (ODA), issuing government bonds, cutting down lending interest rate to support enterprises, particularly the mechanical engineering industry and export.



Minister of Finance Vu Van Ninh asked the government to help enterprises by reducing value added tax (VAT) to yarn, fabric, garment, and construction materials; automobile and motorbike industries; cutting down and exempting corporate income tax for small and medium enterprises; and exempting personal income tax for low-income earners.



Ninh said the government would slash corporate income tax within nine months for enterprises that have capital of less than VND10 billion or less than 300 workers; reduce the corporate income tax rate by 30% for textile-garment, footwear and mechanical engineering enterprises, or extending the deadline for financial duties for importing enterprises. The government will issue bonds worth VND8.5 trillion to build dormitories for students.



Ninh also said that the implementation of social welfare and stimulus measures made budget revenue in the first quarter equivalent to 88% of the same period of last year while spending is up by 4.1%. If the country’s GDP this year is 5%, budget revenue will reduce by VND12 trillion.



The Finance Minister said that the government needs to increase budget revenue by relaxing or stopping ineffective projects, reducing unnecessary meetings and purchasing public assets.
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Thứ Tư, 25 tháng 3, 2009

Weasel coffee: Where to go?

VietNamNet Bridge – Mr. Khanh’s weasel farm has nearly one tonne of weasel coffee in stock. The firm’s only client who bought this unique product at VND1-10 million ($58-580) per kilo said they would stop buying this product for an indefinite period.

Nguyen Quoc Khanh and his weasel coffee products.

Farmers confused

Despite the ban, some people have bred wild weasels for a long time as pets or to sell to restaurants. However, there are farmers in the Central Highlands that have raised weasels to produce weasel coffee, a famous specialty of this region.

One of the largest weasel coffee farms is the one of brothers Nguyen Quoc Khanh and Nguyen Giang Nam in Krong Pak district, Dak Lak province. This special farm became known when Khanh and Nam advertised their weasel coffee online, priced at $110 per kilo. Khanh directly introduced this special product at the 2nd Buon Ma Thuot Coffee Festival in late 2008.

At the festival, over ten customers bought this coffee, stirring big hopes for Khanh. At that time, he had over 500kg of weasel coffee for sale. The volume is double at present but Khanh can’t find a stable outlet.

He said it is not too difficult to produce weasel coffee but this job is costly and laborious. Weasels like fighting so each weasel lives in its own cage. They are released into the same cage when they are in season. A female weasel can give birth twice, with several babies at once.

During the ripening coffee season, Khanh releases weasels into his coffee garden. He also buys more ripe coffee from other garden as food for weasels. Weasels choose the best coffee fruit to eat and then pass the coffee beans, resulting in weasel coffee. This kind of coffee has a very special flavour.

Khanh says that if he sells one kilo of coffee for $110, he earns VND200,000/kg profit. But in this situation, Khanh may have to sell his 50 rodents to restaurants.

Businesses are careful


The Trung Nguyen Coffee Company, the only company advertised on TV as buying weasel coffee and which bought weasel coffee from Khanh and other farmers has stopped buying this kind of coffee.

This company introduced processed weasel coffee at the 2nd Buon Ma Thuot Coffee Festival, a 250g can priced $750 and a 1kg can cost $3,000, as special gifts for chiefs of state.

About the problem of farmers in seeking outlets for weasel coffee beans, Trung Nguyen said it has never signed any contract with any farmer. After announcing it needed weasel coffee beans, Trung Nguyen received offers from some farms and farmers. It sent technicians to check and bought quality products.

Trung Nguyen still produces processed weasel coffee in a limited volume to serve VIPs and it refuses orders for less than 1kg of coffee. The firm doesn’t plan to reduce the price for this unique product.

Trung Nguyen is researching methods to raise weasels which can discharge better coffee beans and to build weasel farms up to international standards and suitable to Vietnamese law and international conventions. This year it will start breeding weasels in coffee gardens.

VietNamNet/TP

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Chủ Nhật, 22 tháng 3, 2009

Khanh Hoa determined to defend title

07:17' 23/03/2009 (GMT+7)


VietNamNet Bridge - Defending their championship titles at Tien Phong newspaper’s annual marathon is not only the duty of Khanh Hoa Province’s runners, but also an order from their provincial leader.

"Maintaining our achievements is the top task of all our athletes," said deputy director of the provincial Culture, Sports and Tourism Department, Nguyen Van Hoa.

Khanh Hoa dominated last year’s competition with two golds in the men’s professional and amateur teams, one silver in the men’s youth and two bronze medals in the women’s youth and amateur events.

With these results, Khanh Hoa stepped onto the podium for the fourth time in a row in both the professional and amateur categories.

Top athlete Nguyen Dang Duc Bao, who topped last year’s men’s professional 10km event, will again head the team.

The national defending champion, who played a key role in Viet Nam’s fifth place finish in the Greatest Race on Earth (GRoE)’s South and Southeast Asia regional competition last month, will join teammates Pham Ngoc Hoang, Hoang Van Hien, Nguyen Vinh Thien and Le Canh Minh.

"We are in the final days of training and will do our best on Sunday to protect our titles," said coach Hoang Thi Huyen Nga.

Nga and her athletes wake up at 4 o’clock every morning to begin training. They run dozens of kilometres everyday.

The final members of the team will be selected two days before the race based on their results and spirit, said Nga.

According to Nga, Khanh Hoa’s athletes are young and inexperienced this year, making individual titles a tough-get, but they promise to place high in team events.

Last year, only Khanh Hoa’s professional women’s 5km team failed to grab a medal. They have made remarkable progress this year and Nga said that while first place may be out of reach, making it into the top three is in their grasp.

The three possible names for the team are Nguyen Thi Xuan Tot, Nguyen Dang Thanh Thuy, Bao’s younger sister, and Do Thi Hoai Tram, whose recent results attracted her coaches’ attention.

Khanh Hoa are nurturing a young generation of champions, including 13-year-old Pham Dinh Diem Doan and Nguyen Thi Y Tien, 16, who both were born to families with a history of running.

Nga’s athletes will have to face strong rivals from Thai Binh, Ha Noi, the Army and Gia Lai.

"Thai Binh are determined to take the women’s professional individual title, especially with the participation of Pham Thi Hien, the national 42km marathon champion, who is at her peak after winning third place at the GRoE’s Hong Kong leg," said Nga.

"Ha Noi are home to Nguyen Thi Dong, a veteran 42km race competitor. The team is even stronger now that Ha Noi and Ha Tay Provinces have merged. Gia Lai are also a potential winner in both the men’s and women’s classes. They had two representatives at the GRoE series. Their female runner, Nguyen Thi My Lien, the national runner-up in 2007, is an obstacle on our way to complete our target," Nga said.

Two unexpected disappearances from the Quang Ngai and HCM City rosters have pushed Khanh Hoa closer to their goal.

Defending champion Truong Thanh Hang cannot compete because rules don’t allow free agents to enter the competition and national 42km runner-up Pham Thi Binh is sidelined due to a leg injury.

VietNamNet/VNS

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Gambling, fortune-telling and rubbish ruin festivals

07:06' 23/03/2009 (GMT+7)

Tourists enjoy a traditional dance with Mong ethnic people in the northern province of Lao Cai, where gambling and commercialism have not spoilt the atmosphere.

VietNamNet Bridge - Gambling, fortune telling and commercialism are ruining northern Viet Nam’s cultural and religious festivals, complains Culture, Sports and Tourism Minister Hoang Tuan Anh.

The minister delivered his judgement at a meeting to assess the quality of the festivals in Ha Noi last Wednesday where he said his ministry intended to provide models for their organisation and management.

Ministry officials would classify the festivals to provide a basis for the models, he said.

The ministry’s chief inspector, Vu Xuan Thanh, told the meeting that the latest checks of festivals showed that documents sent to localities setting guidelines for the festivals had been ignored.

Overcrowded and often disorderly festivals were popular at many pagodas, he said.

These included the historical Dong Pagoda in Thai Binh Province, the Yen Tu Pagoda in Quang Ninh Province, and Ha Noi’s Huong Pagoda.

Gambling, fortune telling and pickpocketing was also rife at Nam Dinh Province’s Vieng Market and Binh Duong Province’s Ba Pagoda.

The pagodas and historic sites were littered with rubbish and some scenic spots were partially destroyed.

The chief inspector said hundreds of violators had been fined a total of VND286 million and more than 40,000 pirated porn discs and unacceptable cultural products confiscated.

Stopping cheats

"But it hasn’t been enough to create order and stop the cheats at the festivals," he said.

Duong Thanh Lan, 60, of Ha Noi echoed the minister and inspector’s views.

"I like taking part in traditional festivals in pagodas and temples that have not been commercialised," she said. "But I have been the victim of cheats and pickpockets and know have to be vigilant in these places. It makes me uncomfortable."

Festival traditions and features were very different from the past, she said.

Bac Ninh Province’s Culture, Sports and Tourism Department director Nguyen Dang Tuc told the meeting specific regulations and punishments were needed to restore order at the festivals.

Interim guidance documents were not enough to stop the illegal activities.

The ministry’s Culture and Information Department Nguyen Dao Toan said the responsibility of each agency in overseeing the festivals was necessary.

Otherwise, the blame was always shifted from one to the other.

Hai Duong City Culture, Sports and Tourism Department director Dang Viet Cuong said municipal officials would now make specific plans for festivals up to 2015.

These would identify those responsible for organising festivals.

VietNamNet/VNS

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Film posters springboard into history

07:17' 23/03/2009 (GMT+7)

Tren Hai Phan To Quoc (On Waters of Motherland) poster is among 200 works on display in the From War to Nationhood exhibition.

VietNamNet Bridge - Film poster archives are not only a way to track movie history, they provide a peephole into politics, culture and the independent struggles of the people since President Ho Chi Minh gave the industry his blessing in 1953.

For these reasons alone, the exhibition of film posters entitled From War to Nationhood on display at Ha Noi-based Ho Chi Minh Museum is worth a visit. It celebrates 56 years of the establishment of the Viet Nam State Enterprise for Film and Photography.

However, for art buffs and historians the posters have other dimensions. They are a view through a special lense, one which combines photographic image and artist interpretation with a political undertone.

On a superficial level, the 200 posters on show (selected from thousands) are an introduction to the basic and typical aspects and activities of the national film industry from its first days.

The posters are divided into three periods, from 1959-75, 1976-86 and from 1987 to now, and are expressed in different themes.

In each period, films reflected the development, changes and conflicts between the old and the new as well as the difficulties that people suffered in work and life during and after the war and since doi moi – renewal.

The first period (1959-75) seems to attract most attention as it was the beginning of the industry and a time of development for Vietnamese revolutionary cinema.

It was a flourishing period of documentary and feature films, some of which won awards at international film festivals.

Posters of this period reflect the spirit of the anti-French and anti-American resistance wars as well as the course of national construction.

"From 1959-75 the film industry developed the fastest and many gained awards at international festivals," said People’s Artist and director Bui Dinh Hac.

"The films’ diverse topics and themes made great impressions, proven clearly through the posters which, in my opinion, is a kind of art which combines painting and photography," he said.

"Posters have become an indispensable part of the film industry. Many artists, like actor The Anh, have big collections of film posters which are an unending inspiration for both collectors and the authors."

On another, more emotional level, however, the posters are artistic and creative works that flick a cathartic switch for people who lived in the times or saw the movies, as Hoang Thanh Hai discovered on opening day, Tuesday.

Hai, 51, said she couldn’t suppress her emotions as she viewed posters of Chung Mot Dong Song (Sharing the Same River) by directors Hong Nghi and Hieu Dan.

The film, which is considered one of the first works of the nation, won the Golden Lotus award at the 1973 national film festival.

Hai discussed with her 15-year-old daughter the films Con Chim Vanh Khuyen (The White-eyr Bird) (1962), Kim Dong (1964), Me Vang Nha (Mother Is Not at Home) (1979) and the documentary Duong Ve To Quoc (Road to Motherland) (1980).

"These films are really works or art that I have never felt bored reviewing," Hai said. At present, some of our children may not have had the chance to watch them but I hope that they will gain something from these posters, together with what I have told them."

President Ho Chi Minh gave the green light to the start of the film industry on March 15, 1953, affirming the link between Vietnamese films and the nation’s social and political situation.

Viet Nam Film Institute director Nguyen Thi Lan said the early films were to play a vital role in the government publicity effort, highlighting the gallantry and achievements of the army during the war.

These messages were often expressed through film posters, with their vivid illustrations and emotive photography capturing the hearts of the public, Lan said.

The exhibition was first mounted at the National Archives of Singapore from May to September last year as part of the Vietnamese Festival.

It will last until April 17 in Ha Noi at the museum at 19 Ngoc Ha Street, before moving to HCM City for a month from May 19.

The Film Institute will show some documentaries and features at Ha Noi’s Ngoc Khanh Cinema, 523 Kim Ma Street and HCM City’s Tan Son Nhat Cinema, 186 Nguyen Van Troi Street, Tan Binh District.

VietNamNet/VNS

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Da Lat nuclear reactor marks 25 years in operation

The nuclear reactor in Da Lat.
VietNamNet Bridge -
The country’s only nuclear reactor in Da Lat, Central Highlands Lam Dong province, marked its 25 years in operation on March 20.

The reactor was built in 1960 but stopped working in 1968 and its fuel bars were removed and transferred to the US during 1974-75. It was restored in 1982 with assistance from the former Soviet Union and the International Atomic Energy Agency and started operating on March 20, 1984.

It has served research on nuclear and neutron physics as well as on nuclear applications.

At a symposium on March 19, about 100 leading researchers in nuclear physics and atomic energy throughout the country assessed the reactor’s operation and discussed ways to improve its working efficiency.

On this occasion, the Da Lat Nuclear Research Institute was awarded the Labour Order, first class, by the State in recognition of its excellent performance in safely running the nuclear reactor and conducting research on nuclear physics.

VietNamNet/VNA

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Diplomats meet Vietnamese students at Oxford

23:47' 22/03/2009 (GMT+7)

Oxford University.
VietNamNet Bridge - Vietnamese Ambassador to the UK Tran Quang Hoan and UK Ambassador to Vietnam Mark Kent met with Vietnamese students at Oxford University on March 20.

The meeting is just one of several activities to promote education and research cooperation between the two countries. It also saw the attendance of a large number of Vietnamese and other international students from other universities, and UK students who are studying about Vietnam.

Both ambassadors Hoan and Kent said they were delighted at effective cooperation in five priority areas, as agreed upon by the two governments, including trade-investment, education, development, international relations, and responses to the consequences of globalisation.

Hoan noted that the Vietnamese government has long been interested in stepping up education cooperation with the UK, and urged Vietnamese students studying in the country to act as cultural ambassadors of their nation.

The participating students discussed a wide range of issues with the two ambassadors, including visa procedures and methods to get more exact statistics about the Southeast Asian country.

The scholars also took the occasion as an opportunity to introduce the subjects and fields they have a particular interest in.

VietNamNet/VNA

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World economy to shrink by 1-2 percent in 2009: WB


The world economy is set to shrink by 1 to 2 percent this year, World Bank President Robert Zoellick said at a conference here on Saturday.

Referring to an International Monetary Fund (IMF) forecast, Zoellick said such a worldwide economic contraction was unprecedented since the Great Depression in the 1930's.

"We haven't seen a figure like that globally since World War Two, which really means since the Great Depression," he told the gathering sponsored by the German Marshall Fund transatlantic think tank.

What the world's countries are now doing are "too little and too late" and fall short of effective measures in addressing the roots of the global financial meltdown, said the World Bank chief.

He suggested a system of reviews on the impact of existing stimulus plans undertaken by governments to be established at the upcoming G-20 London summit in early April.

"Some of the packages actually withdraw stimulus in 2010. So given the uncertainty of this crisis I think you want to have a review process to see whether more would be needed in 2010."

Zoellick also called for more efforts to revive world trade and provide continued assistance to poor nations, which suffered a lot in the economic crisis they are not responsible for.

VietNamNet/Xinhuanet

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Admin reform project aims to improve business climate


VietNamNet Bridge - The Government will compile a list of procedures, examine and remove those that are unnecessary as it seeks to provide fresh impetus to the administrative reform process, a senior official said last Friday.

This would be the first stage of the project, said Minister Nguyen Xuan Phuc (photo), head of the Government Office and chairman of the Consulting Council for Administrative Reform.

He told a meeting between the council and representatives of foreign-invested enterprises in HCM City that the project was evidence of the Government’s commitment to creating a more liberal investment and business environment in the country.

The implementation of the project was being monitored by the Prime Minister, ministers and heads of provincial administrations, Phuc said.

Phuc is also the head of a taskforce specialising in administrative reforms which is advising the council on ways to speed up the project.

VietNamNet/VNS

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Delta farmers cash in on rice prices

Traders buy products from farmers in southern Cai Be District of Tien Giang Province.

VietNamNet Bridge - The Cuu Long (Mekong) Delta is entering the peak harvest season for the winter-spring rice crop, with the price of rice continuing to increase as demand for exports remains high.

Tran Van Hai, a farmer in Can Tho City’s Thoi Lai District, said he had harvested two hectares of long-grain rice OM 1490 with a total output of 13.6 tonnes.

"At the current price, I can earn a profit of about VND55 million (US$3,200) for my two hectares of rice, but I will wait for rice prices to go up," Hai said.

Hoang Kim Cuong, head of the Thoi Lai District Agriculture and Rural Development Department, said farmers were harvesting a bumper winter-spring crop and earning high profits as production costs fall and rice prices increase.

Cuong said all harvested rice in the district had been bought by the district-based food companies.

"My family and other farmers here are very glad about the harvest of the winter-spring crop as we can sell all of our rice at a high price," said Luong Hong Thien, a farmer in Dong Thap Province’s Tan Hong District.

With the lower production costs and increase in rice prices, farmers can earn profits of VND2,000-2,100 a kg on the winter-spring crop, according to local authorities.

The delta, the country’s ricebowl, has harvested more than 30 per cent of the total of 1.54 million hectares of the winter-spring crop.

High demand

Huynh Minh Hue, acting general secretary of the Viet Nam Food Association (VFA), said under the instruction of the Government to increase the number of rice export contracts earlier this year, more contracts had been signed in the first three months of the year.

However, some food companies have lost $10-15 for a tonne of exported rice since the beginning of the month as they failed to predict the increase of rice prices when they signed export contracts at low prices early this year, said Hue.

He said food companies suffered losses because they lacked warehouses to buy rice for stock before they signed export contracts.

Nguyen Thanh Bien, deputy minister of Industry and Trade, said the rice quantity of export contracts signed in the first two months of the year was very large.

The quantity of rice that must be delivered under signed export contracts from now to the end of June would be about 2.7 million tonnes, Bien said.

Viet Nam exported a total of 1.05 million tonnes of rice worth $479 million in the first two months of the year, an increase of 2.2 times in volume and 2.5 times in value over the same period last year, according to the Ministry of Agriculture and Rural Development.

VietNamNet/VNS

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Thứ Năm, 19 tháng 3, 2009

SPORTS IN BRIEF 20/3


Hanoi top national swimming and diving championships

With 25 golds, Hanoi team ranked first at the National 25m Short Course Swimming and Diving Championships which concluded in Hanoi yesterday.

Six national record were broken in the swimming category. The Ho Chi Minh City team topped in this category with 17 golds, followed by Da Nang and Hanoi with nine and eight golds respectively.

In the total of 36 events of the diving category, 20 national record were set. Hanoi was on top with 17 golds, Da Nang stood second with three golds. Ho Chi Minh City only earned one gold in this category.

As a result, in the overall rankings, Hanoi took the lead with 25 golds, Ho Chi Minh City ranked second with 17 gold and Da Nang was in the third place with 13 golds.

National women’s football championship 2009 to attract 6 teams

The National Women’s Football Championship 2009 will kick off on March 24.

The tournament this year draws six teams including Hanoi, Hoa Hop-Hanoi, Ho Chi Minh City, Phong Phu Ha Nam, Thai Nguyen and Vietnam Coal and Minerals.

The teams will compete on a round robin basis. The first-leg will be held in Thai Nguyen from March 24 to April 11 and the second-leg will take place in Hanoi from April 18 to May 6.

The champions will receive a cup and a prize of VND 80 million while the runners-up and the third-place will get silvers and bronzes together with VND 60 million and VND 30 million respectively.

AFC Cup 2009: Binh Duong win first game

Vietnam's V-League defending champions Binh Duong won their first three points at the AFC Cup 2009 after having defeated Maldives' Valencia 3-0 yesterday.

Binh Duong's Luong Minh Trung helped his team take the lead in the 12th minute before Philani widened the gap with a powerful shot in the 34th minute.

Kesley set the score of 3-0 for Binh Duong in the 63rd minute.

This win helped Binh Duong regain their confidence after several unsuccessful matches at the V-League and the AFC Cup as well.

In another match in group H, Provincial Electrical Authority (Thailand) beat Home United (Singapore) 2-1.

In group G, Hanoi ACB, another representative from Vietnam, lost to hosts Eastern Athletic 0-3 at Mongkok stadium in Hong Kong. Meanwhile, Thailand’s Chonburi had their 1-0 victory over Kedah from Malaysia.

VietNamNet/ND

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Leader: Thai anti-gov’t mass rally to be held on March 26

The Thai anti-government group --United Front of Democracy against Dictatorship (UDD) will hold a mass rally on March 26, UDD core leader Veera Musikapong announced Thursday.

Thai Prime Minister Abhisit Vejjajiva listens to debate on a vote of no confidence in the House of Representatives in Bangkok, Thailand, March 19, 2009. The debate on a vote of no confidence in Prime Minister Abhisit Vejjajiva and his five cabinet ministers started on Thursday morning, as opposition Puea Thai Party MP Chalerm Yubamrung is leading the attack on the Democrat Party-led government.(Xinhua/Thana Nuntavoranut)

Speaking at a press conference on Thursday in Bangkok, Veera disclosed that the UDD-led protesters will gather at Sanam Luang in central Bangkok in the morning on March 26 and will later march to the Government House.

The latest plan of holding the mass rally on March 26 has been changed from the group's earlier plan of holding the mass rally on March 29.

The change on the rally day was in line with the change in the country's political situation, said Veera.

The earlier plan of holding the mass rally on March 29 was planned in line with the earlier plan of the House debate, which was scheduled on March 26 to 27.

As the government moved forward the House debate to March 19 to20, hence the UDD has also moved forward its planned mass rally to March 26.

The UDD-led mass rally is aimed to topple the ruling government, which has been attacked by the opposition's no confidence debate led by the Puea Thai Party, Veera said.

The number of the UDD-led supporters during the planned mass rally on March 26 will be much higher than its previous anti-government rallies, he said.

"And, it will be the prolonged rally," said Veera.

The UDD group, who is also known as the red-shirted people, has demanded the government to dismiss Foreign Minister Kasit Piromya, prosecute People's Alliance for Democracy leaders for occupying the Government House and Don Mueang and Suvarnabhumi airports, amend the 2007 Constitution and dissolve the House of Representatives.

Also, ahead of the planned mass rally in Bangkok on March 26, on March 21 and 22 the UDD-led protesters will rally in the city of Chiang Rai and Chiang Mai province, respectively in the North of Thailand.

VietNamNet/Xinhuanet

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Vietnam should not ignore forecasts: economist

VietNamNet Bridge – Though calling The Economist’s forecast of 0.3% GDP growth rate in 2009 ‘too pessimistic’, Dr Tran Dinh Thien, acting Director of the Vietnam Economics Institute, said that Vietnam should not ignore the forecast.

What do you think about the modest 0.3% GDP growth rate in 2009 forecast by The Economist?


I think that the GDP growth rate The Economist has forecast for Vietnam is too pessimistic; I don’t think the GDP growth rate will be so low.

However, we should not ignore the forecast, as the experts have reasons to give such a forecast. We should not consider only one figure, the GDP growth rate, we should consider the analysis system and we will find out many issues which may heavily impact Vietnam’s economy.

We should also consider other issues like jobs, social security and the stability of sustainable development.

In order to curb the economic downturn and maintain high growth, the government has initiated demand stimulus packages. What do you think Vietnam needs to do to ensure the success of the packages?

As many other experts have said, it is still too early to assess the efficiency of demand stimulus packages. We should not expect that the national economy, after two years of bearing high inflation and facing a lot of difficulties, will react quickly to the government’s measures.

However, I think that we need to focus on some things. For example, we need to provide credit for businesses on the principle of fairness. This will help private small- and medium-size enterprises (SMEs) access bank loans, while SMEs can create jobs and maintain growth.

Besides, I think we also should support the development of agriculture and rural areas as the sector can ensure the safety of the national economy in difficulties. I think that we need to pay more attention to stimulating consumption demand and supporting the poor.

Experts say that our biggest problem is weak competitiveness, and that it is now the right time to reshuffle and raise competitiveness. What is your viewpoint about that?

The economic crisis has exposed the problem in competitive edge. Therefore, it is now the right time to reshuffle. We need to raise the added value of products and should not keep a high proportion of raw materials and low labour costs.

Regarding forex management, experts believe that Vietnam should devaluate the VND to encourage exports. What is your viewpoint?

The exchange rate should be regulated in a flexible way so as to stimulate domestic consumption, stimulate exports and limit the trade deficit. However, this is always difficult as it touches a lot of matters, from debts to capital turnover.

Standard Chartered has released a short report about Vietnam’s economy, which predicts that the GDP growth rate of Vietnam in 2009 will be 4.2%.

The UK-based bank said that the target of 6.5% GDP growth rate in 2009 is unlikely to be reached.

Vietnam’s inflation is forecast to drop dramatically to 6.5% from 22% last year, and to 4% in 2010.

Despite the current difficulties, Vietnam remains an attractive destination for international long-term investors. Political security, cheap labour costs and the large domestic market prove to be the big advantages of the country.

On March 18, the World Bank lowered the GDP growth rate forecast for China to 6.5%, 1% lower than the 7.5% it forecast in November 2008.

VietNamNet/VnMedia
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