Party leader’s Latin America tour lauded a success | ||
11:50' 05/06/2007 (GMT+7) | ||
(Source: VNA) |
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It-Tlieta, 5 ta’ Ġunju 2007
180,000 displaced after strong quake in Yunnan
16:00' 05/06/2007 (GMT+7)
About 180,000 people have been displaced and 90,000 houses have collapsed following the earthquake in Yunnan Province, according to the Ministry of Civil Affairs.
The evacuees, with no tents available, rest outdoor on a square in the Yi Autonomous County of Ning'er of Pu'er City in southwest China's Yunnan Province on June 3, 2007. (Photo: Xinhua)
At least three people, including a four-year-old boy, were killed and 313 injured in the quake which hit the tea-producing Pu'er City and its surrounding area early on Sunday morning, when most people were in bed. Twenty-eight seriously injured people arestill receiving treatment in hospital.
The area has been rocked by 1,026 aftershocks, three of which measured more than 3.0 on the Richter scale with the largest registering 5.1. Experts warn of the possibility of more aftershocks,
More than 2,000 army troops and armed police have joined the rescue efforts in the quake-hit county.
"The power and water supply, telecommunications and government office buildings were seriously damaged in the quake," said Kong Chuizhu, vice governor of Yunnan.
Among the resettled, 65,000 were evacuated from the badly affected Ning'er County. Most of them are living in tents or public places.
A total of 536,000 local residents were affected by the disaster.
More than 90,000 houses collapsed and 270,000 others were damaged, incurring a direct economic loss of 2.5 billion yuan (about 327 million U.S. dollars), it said.
The county has organized eight teams of 34 workers to carry out disinfection work in the worst-hit towns to prevent any epidemic, according to Yang Tianyi, director of Pu'er City.
"There have been no reports of an epidemic outbreak in the region, but we face a shortage of disinfectant," Yang said
Chinese President Hu Jintao, Premier Wen Jiabao and Vice-Premier Hui Liangyu have asked provincial government officials in Yunnan "to mobilize all resources available to treat the injured and minimize the losses of lives and property of the public."
A disaster-relief team, dispatched by the State Council, arrived in Pu'er on Sunday to direct the relief efforts.
Meanwhile, another team of experts dispatched by the Ministry of Communications will arrive in Yunnan on Tuesday to help with the reconstruction of damaged roads and bridges.
The Ministry of Civil Affairs and the Ministry of Finance have earmarked a living subsidy of 27 million yuan (about 3.5 million dollars) for the affected people. A total of 15,000 tents have been transported to the disaster area.
The most difficult aspect of the disaster relief work is the water shortage. "The tap water supply has been cut off, and the people there can only drink bottled water," said Liu Bin, a publicity official from Pu'er City.
Ning'er County, covering 3,670 square kilometers, has a population of 190,000. It has reported nine quakes measuring five or above on the Richter scale in its history, with the strongest of 6.8 which happened on March 15, 1979.
Xinhua/AsiaNews.Net
Posted by Tran Truong at 17:29 0 comments
Dollar price hits highest peak in six months
13:58' 05/06/2007 (GMT+7)
VietNamNet Bridge – The Vietnam Bank for Foreign Trade (Vietcombank) on June 4 announced the exchange rate at VND16,096/US$1, the highest peak in the last six months. Experts said that the rate would see further adjustment as the demand is increasing.
Earlier last week, the rates announced by Vietcombank were VND16,065/US$1 (purchasing) and VND16,075/US$1 (selling). One day later, the figures rose to VND16,055 and VND16,080 respectively. On June 4, the greenback was sold at VND16,096/IUS$1, the highest peak over the last six months.
Experts said that the greenback has been revaluating, though very slowly. On the black market, one dollar is now exchanged for VND16,020.
The situation proves to be quite different from what was seen late last year. After reaching the VND16,100/US$1 level on November 17, the greenback devaluated gradually, bottoming at VND16,000/US$1 on February 9, 2007. However, the greenback price has bounced back again on March 2, when the exchange rate reached VND16,001/US$1 and the greenback value has been continuously increasing since then. In the last week alone, a dollar increased by VND20 in value.
Hoang Danh Chinh, the owner of the Kim Dung Gold Shop on Le Loi street in district 1, HCM City, said that though the dollar price increases, the demand for dollar does not increase accordingly. He said that every day, his shop exchanges several thousand dollars for clients. Eximbank has also reported the same situation: some $400-500 are exchanged every day.
Meanwhile, Nguyen Phuoc Thanh, Director of Vietcombank HCM City Branch has attributed the dollar price increase to the sharp increase in the demand. As the gold price in the domestic market keeps rising, gold importers try to collect more dollars to import gold. He said that the demand for dollars reaches $10mil some day.
“The supply of dollars has become more tight when the State Bank of Vietnam decides to buy dollars in for the national reserve fund, which has made the demand for dollars increase dramatically,” said Mr Thanh.
Vu Duc Hai from Eximbank said that the continued increase of the dollar value is the periodic recovery of the currency. Importers need more dollars at this moment, while foreign funds tend to sell shares to get dollars back. These factors all have led to the scarcity of the greenbacks.
Experts said that it is very likely to see the greenback value increase further as Vietnam needs to encourage exports, especially when it has joined WTO.
Mr Thanh from Vietcombank has forecast that the dollar supply and demand will balance in the coming time. The investors, who find it unprofitable to keep dollars, will sell dollars. The greenback will revaluate, but there would not be big changes and dramatic increases as the exchange rate is being put under the control of the central bank.
(Source: VNE)
Posted by Tran Truong at 14:52 0 comments
VNPT opens US branch: pioneer in WTO integration
09:01' 05/06/2007 (GMT+7) | ||
According to experts of VNPT, the US telecom market has the largest scale in the world and a high level of liberalisation. In 2006, this country had a total of 282 million phone subscribers, including 170 million mobile and 112 million fixed phone subscribers.
This country is also the place where development tendencies of the world telecom industry emerge, for example, mergers and acquisitions, developing new technology and new skill management.
These are the reasons VNPT opened its branch in the US: to update strategic information on technology and business to serve the group’s operations and integration.
Before establishing its branch in the US, VNPT had cooperated with six American partners: MCI, Verizon, AT&T and Sprint in the fields of IDD international phone services and VITC and Net Global in the areas of Voice over Internet Protocol (VoIP).
VNPT is now boosting its cooperation in Internet and communications with other American partners, such as Time Warner, Teleglobe, Fusion, Ipass and Voice2me.
Large telecom equipment producers of the US like Motorola, Lucent Technologies, Comverse, Lockheed Martin, Huges Networks, Champion, Cisco System, Corning have cooperated with some VNPT subsidiaries.
“The presence of VNPT in the US will help tighten cooperation between the group and the above companies and help the group get updated information about research and development activities of the world’s leading telecom equipment producers based in the US to serve the development of VNPT’s telecom equipment manufacturing joint venture and joint stock companies,” a VNPT leader told VietNamNet.
VNPT representatives in the US will take initiative in meeting with American partners to seek business cooperation opportunities because there are many other US companies that are strong in capital, technology but haven’t thought about investing in Vietnam yet since they lack information about the Vietnamese market.
VNPT’s plan in the US
The US telecom and communications market is very large and has a lot of potential for VNPT in both wholesale and retail. The US is now the world’s largest international telecom output wholesale market in the world.
US telecom companies operating in the telecom output wholesale field have worldwide telecom networks. With high quality and reasonable prices, American telecom developers collect telecom output from all over the world to the US before re-transmitting it to the whole world.
As a result, the US telecom market is the centre for transmitting international calls. Most leading telecom companies in the world have subsidiaries or branches in the US. For VNPT, the community of Vietnamese in the US is also a potential market in providing retail services (pre-paid phone cards, money transfer, etc.)
According to AT&T Company of the US, overseas Vietnamese in the US make a total of 25 million minutes of communications to Vietnam each month. In addition, the number of Vietnamese studying in the US is on the rise and contributes to the increase of the international telecom and Internet output between the two countries.
VNPT aims to establish a company in the US to collect transit charges from international calls to Vietnam. For example, customers can make a phone call from France to Vietnam by making a call from France to VNPT’s company in the US and the call will be then transferred to Vietnam. The phone charges, of course, must be lower than that for a direct call from France to Vietnam.
VNPT also wants to serve the community of overseas Vietnamese in the US, which numbers around 2 million.
Statistics of Vietnam show that prior to 2001, when international telecom services included only IDD phone service, the US’ AT&T, MCI and Sprint accounted for more than 50% of the total international incoming phone output of Vietnam. Since 2001, besides VNPT, other telecom companies of Vietnam like Hanoi Telecom, Viettel and Saigon Postel have cooperated with American partners to develop telecom services.
Apart from advertising its trademark in the US, VNPT’s US branch can establish relations and sign contracts with at least 7-10 new partners in the US within one year to make bridges for the group’s telecom equipment producers to access source technology of hi-tech firms in the US’ Silicon Valley.
The specific plan of VNPT’s US branch is to support some equipment producers like the Postal Equipment Plant and the Viteco Telecom Technology Joint Stock Company to join hands with US companies to set up R&D centres in California/Massachusetts; assist some feasible projects of VNPT in the US, for example listing the stock of the VMS-MobiFone company and VinaPhone, the two biggest mobile phone services in Vietnam, on the New York Stock Exchange.
Through the branch, a series of projects will be implemented in the US, for example the Vinasat satellite project, IT banking-telecom card issuance project, the undersea optical cable project, etc. In addition, the branch will find suitable American partners to recommend to VNPT’s member units like the Vietnam Telecom International (VTI), the Vietnam Data-communications Company (VDC), the VASC Software and Media Company, VinaPhone and MobiPhone.
Source VN Ner |
Posted by Tran Truong at 10:28 0 comments
Aviation – tourism: cooperation to better serve travellers
Aviation – tourism: cooperation to better serve travellers | ||
13:55' 04/06/2007 (GMT+7) | ||
Why did VNAT and Vietnam Airlines decide to cooperate at this moment?
This agreement helps VNAT and Vietnam Airlines have a relationship at a new height. Previously the two sides cooperated already but the new mission is heavier. We aim to welcome 6 million foreign and 26 million domestic visitors and obtain turnover of US$5 billion by 2010. We also call for foreign investors to invest in entertainment projects.
Around 80% of foreign tourists come to Vietnam by air and Vietnam Airlines transports around 70% of this number. With 6 million visitors to Vietnam as we want, around 4.2 million use the service of Vietnam Airlines. We have discussed with Vietnam Airlines to open new air routes and to increase flight numbers.
The number of foreign visitors who return to Vietnam is still modest. What does VNAT do to increase the number of visitors of this kind?
We don’t have accurate statistics of the number of foreign visitors returning to Vietnam. Through some sources, we know that around 25% of visitors returning to Vietnam in 2006. We will join hands with Vietnam Airlines to survey how many passengers of Vietnam Airlines return to Vietnam for a second time.
To encourage travellers returning to the country, we will develop new tourism products. For example, the southern province of Ninh Thuan, which is considered a barren area, but it is Vietnam’s desert which foreign visitors want to see. The new tourism products in Ninh Thuan would be car racing, motorbike racing, or using camels to bring travelers to discover this land.
We are also combining with the Vietnam Tourism Association to develop new tourism products. Especially, Vietnam sea can compare to the sea of any country in the world. The Da Nang beach is one of the six most attractive beaches in the world. The recent fourth Central Party Committee meeting issued a resolution on developing the sea economy and the VNAT is designing an action plan to realise this resolution, emphasising the development of coastal tourist sites.
Tourism companies must advertise their trademarks abroad to let foreign visitors know their names. In addition, we will perfect our current tourism products and call for investment in hotels.
The number of foreign visitors to Vietnam is small compared to that of countries in the region. It is said that the price for hotel rooms in Vietnam is inconsistent and it is a hindrance, what is your opinion?
Vietnam’s competitiveness in tourism ranks 87th of 124 countries worldwide but the price is 8th so Vietnam’s tourism price is not high in the world.
Travel companies said that they discount 20-40% of the price for tourists coming to Vietnam in groups and from 40-60% for those from China and Thailand. We are transforming to the market economy but it doesn’t mean that the state loosens management over prices. We will control the ceiling and floor prices for tourism services based on quality.
Khanh Hoa province has asked the government’s permission for hotel room price management mechanism. This scheme will be submitted to the Prime Minister’s consideration soon and it can be applied on a broad scale.
How about the cooperation with associations, for example the hotel and restaurant association, to have competitive tour prices?
The VNAT has discussed with related ministries and the government in the establishment of the Vietnam Tourism Association, which is the general association for travel and hotel businesses.
We are also considering a scheme on the establishment of separate associations such as travel, hotel, etc. At present, issues related to hotel and travel we give to the Vietnam Tourism Association, which is a representative for the community of businesses.
(Source: TBKTVN) |
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Stories about Vietnamese telepaths
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