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Viet Nam-US recreation joint venture established
   01/26/2005 -- 21:03(GMT+7)
 

  http://www.vnagency.com.vn/NewsA.asp?LANGUAGE_ID=2&CATEGORY_ID=30&NEWS_ID=136950 

 Ha Noi, Jan. 26 (VNA) - The Au Lac Co. Ltd. signed with the US's Dye Viet Nam Co. Ltd. in Ha Noi on Jan. 26 a contract to establish a joint venture, called the Ha Long Joint Venture Company Limited, operating in the tourism and recreation area.

 The Ha Long Bay JV, with its headquarters in Tuan Chau ward, Ha Long city in northeastern Quang Ninh province, will have an investment capital of 1.5 billion USD.

 The JV plans to build seven golf courses with a total 144 holes, a chain of luxury hotels, detached houses and apartments, and recreational and tourist centres in Tuan Chau ward and Uong Bi town.

 It will look forward to developing  luxury recreational and resort centres in Ha Noi, the central city of Nha Trang, and Ho Chi Minh City.

 At the contract signing ceremony, Mr. Nguyen Cao Ky and his wife, who are overseas Vietnamese living in the US, presented to President of the Viet Nam Fatherland Front Presidium Pham The Duyet, who is also President of the Fund in Support of the Poor, a cheque worth 100 million VND for the fund  to support  poor students in Chu Van An high school in Ha Noi.

 Duyet thanked the Ky family for their sentiments towards their homeland and for their contributions to the establishment of the Ha Long JV, expressing his hope that the Ky family will continue doing good things for Viet Nam.-Enditem 


US trade expert extolls US-Viet Nam trade relations
   01/18/2005 -- 20:03(GMT+7)
 

 http://www.vnagency.com.vn/NewsA.asp?LANGUAGE_ID=2&CATEGORY_ID=30&NEWS_ID=135866 

Ha Noi, Jan. 18 (VNA)-  Shoppers in the US can now find an array of Vietnamese farm produce in the US market and Vietnamese fruit now far outsells Chinese fruit and is approaching Brazil, said Charlene Barshefsky, Senior International Partner of a reputed Washington-based consultation firm.

 

A senior expert from the Wilmer Cutler Pickering Hale and Dott LLP company, Barshefsky told business excecutives, scientists and correnspondents from both Viet Nam and the US at a meeting on Jan. 18 of  this success to demontrate the fine development and bright prospects for trade relations between Viet Nam and the US.

 

Barshefsky, who served as the US trade representative in Viet Nam from 1997-2001 and was an architect of the Viet Nam-US bilateral trade agreement (BTA), said the two countries have enjoyed great progress in their bilateral economic relations after four years of implementing the BTA, with high growth in trade and investment, while logistic services to link the two countries are now emerging, as reflected in the opening of commercial flights to Viet Nam by United Airlines and the upcoming inauguration of the Viet Nam Airlines' commercial flights to the US, she said.

 

Barshefsky also said that Viet Nam has recorded an increase of 4.2 billion USD in export revenues in relations with the US over the past four years, surpassing the levels achieved by traditional customers of the US such as Turkey, South Africa and Poland, and is catching up with major partners such as Australia and Spain.

 

Annually, the US exports goods worth billions of USD to Viet Nam, mainly machinery, equipment and production materials. The number of US enterprises doing business in Viet Nam is also on the increase. The US Chamber of Commerce in Viet Nam said that almost 300 of its members are involved in many industries, in the exploitation of natural resources and in providing services.

 

According to Barshefsky, the relationship between the two peoples has been further strengthened with the number of Americans visiting Viet Nam rising from 200,000 in 1999 to around 300,000 in 2004. A recent poll conducted by a well-known polling firm, Zogby International, finds two-thirds of Americans  to be pleased by the growth in US-Viet Nam trade since the conclusion of the BTA. A similar proportion support Viet Nam's membership of the World Trade Organisation. No nation, other than the UK, has received such a high level of support in the US, stressed Barshefsky.

 

From the late 1980s to the ratification of the BTA in 2001, the two governments and peoples have worked through a series of issues such as the MIA search and recovery programme, the normalisation of political and diplomatic relations, national reconciliation and the Vietnamese American community's participation in business, humanitarian work and investment in Viet Nam. In general, these were successful efforts, reflecting a set of perceptions shared by both governments and by the public in terms of emotional perceptions, pragmatic considerations and strategic issues.

 

From the US's point of view, Barshefsky affirmed that Viet Nam is the fourth largest Eastern Asian nation whose role is significant for regional security and economic development. With a relatively young population of over 80 million people, Viet Nam is becoming a potential export market for the US as the country has a skilled labour force and lies between China and the Association of Southeast Asian Nations (ASEAN).-Enditem


US Chamber of Commerce leader pledges to help Viet Nam
   10/16/2004 -- 20:58(GMT+7)
 

Ha Noi, Oct. 16 (VNA) - President of the US Chamber of Commerce Thomas J. Donohue has committed to mobilising US negotiators to support Viet Nam's admission to the World Trade Organisation (WTO).

Donohue made the commitment while talking with visiting Dang Ngoc Tung, Vice President of the Viet Nam General Confederation of Labour (VGCL), on Thursday.

He expressed his intention to send a US trade delegation to Viet Nam as soon as possible as well as encourage US entrepreneurs to invest in the country.

The VGCL delegation informed their host of the Vietnamese trade union's organisation and Government's policy to join the WTO, develop a multi-sectoral economy and facilitate foreign investment.-Enditem

 

 


Ford Viet Nam sells 5,600 cars this year
   12/30/2004 -- 22:25(GMT+7)
 

 http://www.vnagency.com.vn/NewsA.asp?LANGUAGE_ID=2&CATEGORY_ID=30&NEWS_ID=133507 

 

Hai Duong (VNA) - Ford Viet Nam manufactured and sold 5,600 cars of different models this year, a record so far and a 20-fold increase over 1997, the first year when the company started operation.

 

 

In the fourth quarter alone, the company sold more than 2,500 cars, accounting for 42 percent of the whole year’s total.

 

As a result, the company contributed 400 billion VND to the State budget, leading the enterprises of different economic sectors in State remittance.-Enditem


HCM City mayor highlights direct air route with San Francisco
   12/14/2004 -- 11:13(GMT+7)
 

 http://www.vnagency.com.vn/NewsA.asp?LANGUAGE_ID=2&CATEGORY_ID=29&NEWS_ID=131132 

HCM City (VNA) - Chairman of the People's Committee of HCM City Le Thanh Hai described the opening of the San Francisco-Ho Chi Minh City direct air route as an important step forward in the cooperation between the two cities as well as between Viet Nam and the US.

 

Hai said so while receiving a visiting the San Francisco delegation, led by Mark Chandler, Director of the Chamber of International Trade of San Francisco, in HCM City on Monday. 

 

Chandler conveyed the San Francisco Mayor's invitation to Hai and other HCM City leaders to visit San Francisco on the 10th anniversary of the two cities' sisterhood. Hai also asked his guest to convey his invitation to the San Francisco mayor to visit HCM City.-Enditem


United Airlines to introduce first direct flight to Viet Nam this week
   12/07/2004 -- 18:07(GMT+7)
 

  http://www.vnagency.com.vn/NewsA.asp?LANGUAGE_ID=2&CATEGORY_ID=30&NEWS_ID=130199 

HCM City, Dec. 7 (VNA) –US carrier United Airlines has announced that its first direct flight to Viet Nam will depart from San Francisco on Dec. 9.

A day later, the first direct flight to be run after a 30-year interruption will land at the Tan Son Nhat Airport in Ho Chi Minh City, travelling via Hong Kong and carrying approximately 250 passengers, including Vietnamese and US diplomats, San Francisco’s officials, and entrepreneurs.

United Airlines said it will put Boeing 747-400 aircraft into operation on the US-Viet Nam route, offering 14 seats of first class, 73 seats of business class and 260 seats of economy class. - Enditem


US-funded rural business services development project launched
   12/07/2004 -- 11:42(GMT+7)
 

 http://www.vnagency.com.vn/NewsA.asp?LANGUAGE_ID=2&CATEGORY_ID=30&NEWS_ID=130140 

HCM City (VNA) - The implementation of a US-funded 1 million USD project on Rural Business Services Development (RBSD) in the Mekong Delta provinces of An Giang, Ben Tre and Kien Giang has started, announced the US Consulate General in HCM City on Tuesday.

 

The project, designed to develop the market for local business services in the Mekong Delta, is implemented by the US non-governmental organisation ACDI/VOCA and the Viet Nam Association of Rural Industrial Small and Medium Enterprises (VARISME).

 

Over the last several years, Mekong Delta provinces have achieved incredible economic growth in the aquaculture and rice sectors, primarily through the investment and hard work of households, and small and medium sized enterprises (SMEs) in the region. While there is significant and growing private SME participation in these sectors, investment in services for these SMEs has not kept pace. As a result, products suffer from high production costs, low quality, and limited access to international markets.

 

The RBSD project will develop the Mekong delta market by focusing on commercial services, promoting the growth and development of market-driven, profitable service providers who meet the needs of local SMEs and will remain in business long after the project has closed.

 

For examples of the type of practical, profitable services the project will support included laboratory testing services for disease diagnostics and water quality in aquaculture, and post-harvest services like contract harvesting, dying and storage in rice.-Enditem 


US Congress library introduces Vietnamese poet’s work
   12/04/2004 -- 22:09(GMT+7)
 

 http://www.vnagency.com.vn/NewsA.asp?LANGUAGE_ID=2&CATEGORY_ID=31&NEWS_ID=129853

Washington (VNA) – The American Congress library on Thursday conducted a recital of poems written by Ho Xuan Huong , a famous Vietnamese female poet of the 18th century.

The recital was accompanied by the music of Dan Tranh (16-stringed zither) played by Ngo Thi Thanh Nhan, a linguist at New York University.

The poems were included in a collection of 49 poems written in Nom, the Vietnamese Chinese-based script, which flourished in the 16th-17th centuries. The collection, entitled Spring Essence – a translation of the poet’s name Xuan Huong - was composed and translated by John Balaban, an amateur poet and a professor of English at North Carolina University.

The American Congress library now keeps 30 books written in many languages about Ho Xuan Huong.-Enditem


Vietnamese, US scientists meet
   11/20/2004 -- 23:30(GMT+7)
 

  www.vnagency.com.vn/NewsA.asp?LANGUAGE_ID=2&CATEGORY_ID=32&NEWS_ID=127767 

 

Washington . D.C (VNA) - Vietnamese and US scientists have discussed measures to create an environment and mechanism for implementing projects and increasing the efficiency of bilateral scientific and technological cooperation in the future.

 

 

At the fourth session of the Joint Viet Nam-US Committee for Scientific and Technological Cooperation in Washington D.C. on Thursday and Friday, the scientists agreed to further the use of research results and technological transfers to serve people's lives, at the same time promoting scientific, technological and economic cooperation and accelerating the international integration process. They also agreed to cooperate in the construction of regulations on the concretisation of an agreement on scientific and technological cooperation signed by the two governments in November 2000.

 

The Vietnamese delegation to the session was led by Deputy Minister of Science and Technology Bui Manh Hai, and the US delegation by Acting assistant to the Secretary of State Anthoni Rock.

 

Reviewing bilateral cooperation, the Vietnamese side spoke out about the efficiency of some projects in healthcare, agriculture, hydro-meteorology, and personnel training as well as their significance to socio-economic development in Viet Nam .

 

The two sides also discussed and approved new projects in the fields of healthcare, agriculture, fisheries, information technology, measurement, education and training.-Enditem


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