Opium poppy acreage shrinks




Ha Noi, Feb. 20 (VNA) -- Viet Nam's opium poppy acreage has shrunk from 19,000 ha in the 1992-93 crop to 420 ha at present, according to the State Committee for Ethnic Minorities and Mountainous Areas.

The committee held a conference in Ha Noi today, Feb. 20, to review the implementation of the opium poppy eradication programme in the 1993-2000 period.

Farm export records high growth in January



Ha Noi, Feb. 20 (VNA) -- Viet Nam earned USD 55 million from exports of farm produce in January, a year-on-year increase of 28 percent, according to the Ministry of Agriculture and Rural Development.

Items recording increases of between 31.5 percent and 3.7 percent included rice (170,000 tonnes), rubber latex (7,000 tonnes) and coffee (22,496 tonnes).

In 2000, Viet Nam exported more than 3.5 million tonnes of rice for USD 670 million, 280,000 tonnes of rubber latex for USD 170 million and 700,000 tonnes of coffee for USD 485 million.

Tourism representative offices abroad due to open



Ha Noi, Feb. 20 (VNA) -- The Viet Nam Tourism Administration (VTA) is awaiting approval from the Government for opening its representative offices in France, Japan, China and Thailand.

It is part of the VTA promotion move up to 2010, which aims to further tap these potential markets.

With 750 Chinese tourists coming to Ha Noi during the lunar New Year Festival, Viet Nam has been officially listed as one of 15 largest destination sites for Chinese tourists.

Near 7% of GDP for development




Ha Noi, Feb. 19 (VNA) -- Viet Nam will spend VND 32,860 billion, about USD 2,27 billion, or 6.6 percent of Gross Domestic Product, GDP, for development, while trying to keep budget overspending to less than five percent of GDP this year, says Finance Minister Nguyen Sinh Hung.

"Social investment must reach 30 percent of GDP, including 6.6 percent of GDP for development to ensure a GDP growth rate of 7.5 percent as set by the National Assembly," Hung says in an interview with Ha Noi Moi, New Ha Noi, newspaper today, Feb. 19.

Gas pipeline contract for lot 06.1 signed



Ha Noi, Feb. 14 (VNA) -- A contract for the installation of a gas pipeline from Lot 06.1 at the Lan Tay-Lan Do field of the Nam Con Son basin to the mainland has been signed between the Viet Nam Oil and Gas Corporation (PetroVietnam), its foreign partners - BP Exploration of the UK, Statoil of Norway, and ONGC Videsh Ltd. of India - and BP Pipelines Vietnam B.V. and Statoil Vietnam A.S.

Ten fishing ports upgraded




Ha Noi, Feb. 14 (VNA) -- A project on upgrade of 10 fishing ports across the country will be completed this year, says the Ministry of Fisheries (MoF).

Of the project's total investment capital of USD 71.4 million, more than USD 35.4 million was spent on port construction and nearly USD 1.7 million, management of natural resources and environmental protection.

Construction company Vinaconex looks for the US market




Ha Noi, Feb. 13 (VNA) -- Buoyed by completing 61 percent of its yearly construction target in just two months, the VINACONEX Corporation is preparing for the United States market by investing VND 408.653 billion to upgrade equipment.

The corporation, judged the country's trendsetter by the Construction Ministry, is building a 100,000 tonne-a-year clinker mill and a 1.5 million cu.m. a year roofing plant. Its Director General Phi Thai Binh says both are expected to begin working in a few months.

Development Support Fund invests in economy




Ha Noi, Feb. 13 (VNA) -- Prime Minister Phan Van Khai urged the Development Support Fund, SDF, pump its capital into bolstering Viet Nam's most competitive industries at conference held in Ha Noi Feb. 13.

"The fund should foster and encourage the development of competitive Vietnamese-made products, and focus on sectors that can boost employment," Khai said.

The Prime Minister asked the fund to study and classify the country's development programmes, and apply reasonable interest rates in a bid to boost socio-economic development.

Vietnam pumps 100 millionth tonne of oil



Vietnam oil and gas industry pumps 100 millionth tonne of crude oil today, February 13.

The achievement is just in time to welcome the upcoming Ninth Party Congress. The event also marks the growth of Vietnam oil and gas industry and reaffirms the position of the industry in the region and in the world.

Luang Prabang - Dien Bien Phu airlink opened




Ha Noi, Feb. 10 (VNA) -- An air route linking Luang Prabang, Laos, with Dien Bien Phu, Viet Nam, began with the arrival of a Lao aircraft carrying 30 passengers on Feb. 10.
It will be followed by three flights from Luang Prang to Dien Bien Phu and return every Monday, Wednesday and Friday.

Dien Bien Phu airport was upgraded and equipped with new facilities in preparation for international flights at a cost of about VND 4 billion and expansion of and the upgrading Dien Bien Phu terminal is to finish on Feb. 25.--VNA


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