четверг, 25 марта 2010 г.

Central Vietnam to build tourist wharf

Vietnam’s Da Nang Port Company Ltd and Singapore Cruise Center Pte Ltd will build a tourist wharf at Da Nang’s Tien Sa Port to receive cruise ships, according to an agreement signed Saturday.

Under the memorandum of understanding signed at the annual meeting of the Vietnam-Singapore cooperation program in Da Lat, the two sides will establish a joint venture to build a tourist wharf with a passenger station and other facilities at Tien Sa Port.

“We have selected experts from both sides to discuss more details about timeframe, construction and investment,” said Nguyen Thu, general director of Da Nang Port Company.

Foreign cruise passengers currently account for more than 10 percent of international visitors to Da Nang, according to the municipal Tourism Promotion Center.

Last year, the city welcomed 38 cruise ships with about 40,000 passengers. It expects to receive around 57 ships with 50,000 guests this year.

Source: TBKTSG

среда, 24 марта 2010 г.

Hanoi to open citadel relic site to public

Vietnam’s government has allowed Hanoi to open the excavation site of its 1,300-year-old citadel to the public in celebration of the capital’s millennial celebration this October.

The Thang Long Imperial Citadel was first discovered in late 2002 during excavation work to build a new national assembly on Hoang Dieu Street.

Authorities have yet to decide on exactly which day they will open the site.

Thang Long Citadel was part of a citadel system built in the 11th century that included the Dai La Citadel, which acted as a defensive rampart with a complete dyke system, and the Forbidden City, where the king and his royal family lived.

Since its excavation, scientists have unearthed vestiges originating from dynasties like Ly, Tran, Le and Nguyen dating back as far as the seventh century.

Goddess on parade

The central province of Quang Nam will hold a ceremony this week to worship Thu Bon, a goddess believed to bless fishermen and others who earn a living on the river that bears her name.

The province’s largest folk festival has been held in Duy Xuyen District’s Thu Bon Village for centuries, with solemn rituals and festive celebrations marking the unity of the Kinh (Viet), Cham and Co Tu ethnic people in the upper parts of the Vu Gia and Thu Bon rivers, the lifeblood of Vietnam’s mid-central and central-coastal provinces.

Legends

According to the legend, Bo Bo was the daughter of a rich man in Thu Bon Village who lived hundreds of years ago. At the age of five, she exhibited an extraordinary talent for using the leaves and roots of different types of trees and plants in the region to treat diseases. She never accepted payment for her services and neither did she ever accept any of the many proposals for marriage given to her, even from wealthy men and royal families.

HOW TO GET THERE

• From Da Nang City, travel south on National Highway 1A past Hoi An. At the town of Nam Phuoc in Quang Nam’s Duy Xuyen District, some 40 kilometers south of Da Nang, turn onto DT616 Road, which leads to the UNESCO World Heritage Site of My Son, the ruins of Cham towers dating as far back as the 4th century.

• After about 20 kilometers on DT616, you reach the three-way Kiem Lam crossroad. Here, if you turn left, you go to My Son. You should turn right and go straight for another four kilometers until you reach Thu Bon Village.

When she passed away on the 12th day of the second month of the lunar year, she was still a young virgin. The villagers covered her body with leaves and flowers. That night, the lid of her coffin mysteriously opened and an aroma of flowers spread throughout the village. Villagers from Thu Bon have since built the Thu Bon Tomb and the Thu Bon Temple for Bo Bo, whom they now remember and worship as Goddess Thu Bon.

Elderly villagers still tell stories about Thu Bon’s supernatural powers.

One popular tale says a man once visited Thu Bon Temple asking the saint to cure his wife’s infertility. Elders say the goddess then entered the man’s body and rushed to his house with a candle. Through the man’s body, Thu Bon touched the pregnant woman’s belly and she gave birth immediately.

Another tale says Thu Bon Village suffered from a bad harvest in the Year of the Dragon of 1928, and residents had resigned to hold a modest harvest festival. But as they discussed plans to cut costs on the festival, a bull appeared and laid down in front of the temple. From its horns, a string holding 3,000 coins hung and dangled in the air. The villagers knew Thu Bon had given them money to hold the festival. They took the coins and released the bull into the forest. A villager followed the bull and saw it enter My Son, a complex of religious towers built by the Cham people between the 4th and 14th century. There, the bull then turned to stone.

In another story, a mandarin in the Nguyen Dynasty (1802-1945) questioned Thu Bon’s divinity. A medium then channeled her spirit and Thu Bon told the mandarin she would prove herself by burning down Dong Ba, Hue’s largest market. A few minutes later someone arrived to announce that a fire had broken out at the market. The shocked mandarin beseeched Thu Bon to put out the fire, and immediately it began to rain heavily.

Processions, parties

The Thu Bon Festival is organized on the 12th day of the second lunar month, which falls on March 27 this year.

Every year, a group of young virgin women are selected to carry the Thu Bon palanquin. In the evenings before the festival, the young women in the village make traditional cakes like banh it (sticky rice stuffed with either meat or sweet green bean paste), banh u (cone-shaped sticky rice cake) and banh chung (square-shaped sticky rice cake), and prepare betel quids as offerings to the goddess. Called trau tem canh phuong, the betel quid consist of a piece of a betel leaf, a piece of areca nut and a slaked lime. For the festival, the betel leaves are made in the shape of a phoenix.

On the 12th day, a dozen boats decorated with flowers depart from Thu Bon village at 4 a.m. The boats row against the current of the Thu Bon River to Que Son District, where the Thu Bon Temple is located. The boats stop in the middle of the river, and people fill jars with river water and bring it back to Thu Bon Village.

The boats are welcomed back at the village around 8 a.m. by hundreds of people, including a troupe of people carrying five palanquins called ngu hanh tien nuong, or “the five fairies,” which represent the five basic elements – metal, wood, water, fire and earth. A group of five beautiful young women are also selected to carry five trays of ngu qua (five different types of fruit) as offerings to the goddess.

The people in traditional costumes march along the bank of the river towards Thu Bon’s Tomb in Thu Bon Village to perform a ceremony there. The jars of water are put on the palanquins and water will be used to wash the statute of the goddess and as an offering to the deity.

The festival also has a lighter side, including boat races on the Thu Bon River, parades, folk games, cock fighting and traditional music performances.

Among the highlights is bai choi, a game that is part card-playing, part human-chess, part song and part theater.

Hungry participants can also try specialties like mi quang (Quang Nam-style rice noodle soup), be thui (broiled veal) and different types of cakes made from rice and glutinous rice.

вторник, 23 марта 2010 г.

Philippine Airlines opens new routes from HCMC

Philippine Airlines has announced the launch of two new air routes this month, connecting Ho Chi Minh City with Australia’s Brisbane city and the Saudi Arabian capital Riyadh.

The Filipino national flag carrier began services on the HCMC- Brisbane route on March 15 and will open the HCMC- Riyadh route on March 28, Marie Jemma B. Saranillo, the carrier’s country manager in Vietnam, said at a media briefing last Monday.

She said passengers would transit in Manila before boarding planes to the destinations in Australia and Saudi Arabia.

Currently, the carrier offers fares starting from US$270 for a one-way trip between HCMC and the Australian city and from $325 for a roundtrip on this route. The promotional fares are some $300 lower than normal rates.

Source: TBKTSG

воскресенье, 21 марта 2010 г.

Toshiba, MHI to join Japan nuclear mission to Vietnam

Toshiba Corp., Hitachi Ltd. Mitsubishi Heavy Industries Ltd., and Tokyo Electric Power Co. will send representatives on a government-led mission to Vietnam to sell nuclear technology.
Trade Minister Masayuki Naoshima plans to meet Vietnamese Prime Minister Nguyen Tan Dung and other officials during the three-day visit, according to a ministry statement released in Tokyo Friday. The delegation will also include Kansai Electric Power Co. and Chubu Electric Power Co.

Japan, which lost out to South Korea in December on a $20 billion atomic contract with the United Arab Emirates, is competing in the expanding global reactor market with France, Russia, Canada, and the US. Prime Minister Naoto Kan is due to meet Dung at an Association of Southeast Asian Nations summit in Hanoi in October as he seeks buyers for Japan’s infrastructure and technology exports.


“By going with all the executives, the Vietnamese government would understand how serious we are,” Tomoyoshi Yahagi, director of international nuclear energy cooperation office at the trade ministry, told reporters in Tokyo. “It may help to produce some results at the bilateral meeting.”
Russia’s state-run Rosatom Corp. has been selected to build the first of as many as 13 atomic plants planned in Vietnam by 2030.


Tokyo Electric and Toshiba together with other companies set up an office last month ahead of forming a joint nuclear export venture this autumn. Japan has begun preliminary talks with Vietnam for a atomic cooperation treaty, which would allow Japanese companies to export technology.


The delegation will include Tokyo Electric Chairman Tsunehisa Katsumata, Toshiba President Norio Sasaki, Hitachi President Hiroaki Nakanishi, Mitsubishi Heavy Industry Chiarman Kazuo Tsukuda, Kansai Electric President Makoto Yagi, Chubu Electric President Akihisa Mizuno, Japan Atomic Power Co. President Hiroshi Morimoto, and Ichiro Takekuro, who will be a president of the joint venture, according to the statement.


Source: http://www.thanhniennews.com/2010/Pages/20100820173300.aspx

Vietnam’s dong has worst week since February on devaluation

Vietnam’s dong had its worst week since February, dropping to a record low, after the central bank devalued the currency for a second time this year to help reduce the trade deficit.
The dong rose Friday for the first time since Aug. 18, when the State Bank of Vietnam set the daily reference rate 2 percent lower at 18,932 per dollar. Government data show the trade deficit in the seven months through July almost doubled to $7.4 billion from a year earlier, while the International Monetary Fund said on June 9 the nation’s foreign-currency reserves have fallen to the equivalent of seven weeks of imports from coverage of less than two-and-a-half months in December.

“The devaluation makes sense, given that the country is still running a sizable deficit and the level of reserves is relatively low,” said Tai Hui, the head of Southeast Asian economic research at Standard Chartered Plc in Singapore. He forecasts the dong will trade near 19,500 for “at least the next several weeks.”


The dong fell 2.1 percent this week to 19,475 per dollar as of 2 p.m. in Hanoi, the biggest five-day decline since the currency was previously devalued on Feb. 11, according to data compiled by Bloomberg. The currency climbed 0.1 percent Friday after the central bank kept the reference rate unchanged, according to its website. The dong is allowed to trade 3 percent either side of the rate.


Bonds steady
The currency has slumped 5.1 percent so far this year, the worst performance among 16 currencies in Asia monitored by Bloomberg. Twelve-month non-deliverable forwards rose for a second day, gaining 0.5 percent to 21,291, implying traders are betting on a further loss of 8.5 percent.
In the so-called black market, the dong traded at 19,510 at gold shops in Ho Chi Minh City, compared with 19,260 at the end of last week, according to the 1080 telephone-information service run by state-owned Vietnam Posts & Telecommunications.


Vietnam should “allow freer movement of dong,” Mark Mobius, who oversees about $34 billion as executive chairman of Templeton Asset Management Ltd.’s emerging-markets group, said Thursday. “That means allowing the market to determine where the dong rate should be. The best way is by changing the regime and allowing people to buy and sell dong on the street at the market rate.”


The central bank devalued the dong by about 3.3 percent in February and by 5 percent in November 2009.


Benchmark government bonds were steady this week, with the yield on the five-year note at 10.64 percent from 10.66 percent at the end of last week, according to a daily fixing price from banks compiled by Bloomberg.
Source: thanhniennews.com

пятница, 12 марта 2010 г.

Hong Kong man accused of swindling nearly $600,000

Hanoi police have proposed to prosecute a Hong Kong man named Hui Wang Hing of swindling and appropriating 11.2 billion dong ($580,000) of many companies in Vietnam.


According to police, Hing went to Vietnam in 1994 and was specialized in providing construction, footwear processing equipment and machinery.

In late 2007, Hing sold five machines owned by a Chinese firm named Sanny for $771,000. The machines were brought to Vietnam for exhibition, and Hing didn’t pay the money to Sanny.

In June 2008, using a false contract, Hing appropriated 30 percent of a total of $1.57 million of deposit money from a machinery-selling contract by Hoan Cau Mechanical Co., Ltd.

Using the same trick, Hing appropriated 800 million dong ($42,000) of deposit of Chung Thanh An Co., Ltd. when he signed a contract to sell two cranes to this firm and then ran away.

Hanoi police have finalized the investigation and asked the Hanoi People’s Procuracy to prosecute Hing for cheating and appropriating assets of businesses.

Nguyen Lam