Daily Archives: May 28, 2018

Vietnam likely to export 6.5 million tonnes of rice in 2018

Vietnam is aiming to export 6.5 million tonnes of rice in 2018. This year, the country continues to increase the proportion of high-quality rice in the total rice export volume.

“It’s necessary to create a value chain with businesses playing a leading role. Farmers alone can’t get access to the markets while enterprises have advantages in capital mobilization and advanced technologies, two important factors in reaching potential markets,” said Luu Duc Khai of the Central Institute for Economic Management.

“Other important tasks of businesses include managing production and enhancing connectivity with farmers to share with them both interests and risks for a win-win and sustainable development,” he added.

According to the Ministry of Agriculture and Rural Development, Vietnam has shipped more than 860,000 tonnes of rice abroad in the first two months of the year, up 17% from the same period last year. The export price of Vietnamese rice rose from 450 USD per tonne in 2017 to 475 USD per tonne during the January-February period.

Source: VOV5

All victims of plane crash in Havana identified

Cuba’s Institute of Forensic Medicine (IFM) has identified the remains of all the victims of the recent plane crash near Havana’s Jose Marti International Airport.

A Boeing 737 flying between Havana and the city of Holguin crashed minutes after take-off on May 18. The aircraft belonged to the Mexican company Damojh and had been leased by the island’s national airline, Cubana de Aviacion.

Source: VOV5

Vietnamese wins Three-Cushion Carom Billiards World Cup

Cueist Tran Quyet Chien has become the new champion of the 2018 Three-Cushion Carom Billiards World Cup, which concluded in Ho Chi Minh City on Sunday.

Chien won the title along with 16,000 EUR in prize money and 80 bonus points from the World Billiards Union (UMB).

With total prize money of 106,000 EUR, double that of the 2017 event, the 2018 Three-Cushion Carom Billiards World Cup attracted 149 leading cueists from 17 countries and territories worldwide. This is the fourth time Ho Chi Minh City has hosted the Billiards World Cup.

Source: VOV5

Buddhist monk becomes first Vietnamese to receive India’s Padma Shri award

Most Venerable Thich Duc Thien, Vice President and Secretary General of the Vietnam Buddhist Sangha, was awarded the Padma Shri � India’s top civilian award � at a ceremony in Hanoi on Sunday.

Indian Ambassador to Vietnam Parvathaneni Harish said the honor is in recognition of Most Venerable Thich Duc Thien’s contributions to religion and closer Buddhist cooperation between India and Vietnam.

The Padma Shri is an award normally presented to Indian citizens with outstanding achievements in science, literature, the arts, education, health, diplomacy, industry, trade, or social work. In 2018, the award is granted to ASEAN citizens on the occasion of the ASEAN-India Commemorative Summit. Most Venerable Thich Duc Thien is the first Vietnamese to receive the honor.

Source: VOV5

Buddha’s birthday marked in Ho Chi Minh City

Ho Chi Minh City held a festival on Sunday to celebrate Lord Buddha’s birthday.

The event is part of ongoing Buddhist cultural week, celebrating Lord Buddha’s 2562nd birthday and the 55th anniversary of the self-immolation of Venerable Thich Quang Duc.

Monks, nuns, and followers gave gifts to 1,000 disadvantaged families and burned incense at monuments. The Vietnam Buddhist Sangha in Ho Chi Minh City held an exhibition about the life of monk Thich Quang Duc at Quoc Tu pagoda.

Source: VOV5

Vietnam to attend 17th Shangri-La Dialogue

A Vietnamese military delegation led by Defense Minister Ngo Xuan Lich will attend the 17th Asia Security Summit or Shangri-La Dialogue in Singapore from May 31 to June 3.

Minister Lich is scheduled to deliver a speech at the Dialogue and have bilateral meetings with his foreign counterparts.

The agenda includes five plenary sessions on US leadership and the challenges of Indo-Pacific security, de-escalating the North Korean crisis, shaping new dimensions of counter-terrorism, and raising the bar for regional security cooperation. The event will also cover strategies, marine security, and resolving conflicts.

Source: VOV5

NA debates management, use of state capital, assets

NA deputies on Monday discussed the implementation of laws and policies on using and managing state resources in enterprises and the equitization of state-owned enterprises from 2011 to 2016.

Chairman of the NA’s Economic Committee Vu H?ng Thanh said that the amount of equity of State-owned enterprises has steadily increased. In 2016 the total capital of the state-owned enterprises was more than 61 billion USD, up 92% from 2011. At the end of 2016, there were 583 wholly state-owned enterprises. SOEs haven proven their important role in regulating macro economy, and promoting socio-economic growth, Mr Thanh said.

SOEs are concentrating on key sectors of the economy or on areas without investment. Many SOEs lead in investment, technology transfer, international integration, and market stabilization. Most of them are profitable, steadily boosting the national budget. In 2016 SOEs’s total revenue reached nearly 66 billion USD. At the end of 2016, 18 wholly state-owned groups and cooperations invested more than 12 billion USD abroad, Mr Thanh elaborated.

Source: VOV5