The first high-tech agricultural zones to be built

Sun, 02/11/2001 - 22:56



Ha Noi, Feb. 11 (VNA) -- Two first-ever high-tech agricultural zones will be built in Viet Nam this year, says Deputy Agriculture and Rural Development Minister Nguyen Thien Luan.

The two zones would be located in Ba Vi district, northern Ha Tay province, and Hung Loc district, southern Dong Nai province. They would be completed within three years, Luan told Lao Dong newspaper and were expected to be followed by others.

Vietnam will build its own small satellites in the future

Sat, 02/10/2001 - 23:59



Ha Noi, Feb. 9 (VNA) -- Viet Nam will build its own small satellites in the next five or ten years.

A pre-feasibility study for the design of small satellites, weighing between 100 and 200 kg, has been done jointly since 1999 by scientists of the British Surrey Space Research Centre and the Viet Nam National Centre for Natural Science and Technology.

Purpose of the USD 20-million venture is to build small satellites for the monitoring of the country's natural resources and environment as well as forecast natural calamities.

New oil and gas fields discovered

Sat, 02/10/2001 - 23:55



Ha Noi, Feb. 9 (VNA) -- Viet Nam has discovered new oil and natural gas reverves off its southwestern coast through 16 exploration contracts jointly conducted by PetroVietnam and its foreign partners last year, says PetroVietnam Director General Nguyen Xuan Nham.

At Lot 15.1, an oil well called Su Tu Den (Black Lion) has been found with an estimated capacity of about 12,600 barrels a day, while five natural gas reserves have been discovered at the country's southwestern continential shelf, Nham disclosed.

Measures to boost exports revenue to 19,2 billion USD

Sat, 02/10/2001 - 23:52




Ha Noi, Feb. 9 (VNA) -- Trade Minister Vu Khoan announced measures to boost export turnover to USD 19.2 billion this year at a meeting with the representatives of 29 northern-provinces import-export enterprises today, Feb. 9.

He said his ministry had prepared to draft plan to stabilise import-exports for 2001-2005 that would open a legal corridor for import-exports, shorten the list of prohibited commodities, lessen sectorial management and gradually remove domestic protection.

1,200 workers sign contracts to work abroad in January

Wed, 02/07/2001 - 18:09



Ha Noi, Feb. 6 (VNA) -- As many as 1,188 workers got contracts to work abroad in January, according to the Department for Labour Management with Foreign Countries.

Five hundred and ninety will work in the Republic of Korea (RoK), 530 in Taiwan, and 68 in Japan.

As many as 383 people will engage in electronic, engineering, garment and textiles and dyeing industries, while 126 others will work as housemaids.

Viet Nam plans to send 50,000 work-hands to work abroad this year.

50 Vietnamese ventures abroad

Wed, 02/07/2001 - 17:56



Ha Noi, Feb. 6 (VNA) -- Viet Nam now has 50 investment ventures in 17 countries and territories, including five joint oil and gas development projects between PetroVietnam and Lao, Mongolian, Indonesian and Malaysian partners, an Investment and Planning Ministry official said.

Viet Nam's overseas investment has boomed following a 1999 Government decree governing overseas investment by Viet Nam's entrepreneurs, the official told Dau Tu, Investment, newspaper. He explained that 24 of the 45 non-oil and gas ventures were licensed between 1999 and 2000.

Rural and agricultural development plan in 2001

Tue, 02/06/2001 - 00:13




Ha Noi, Feb. 5 (VNA) -- Deputy Prime Minister Nguyen Cong Tan has identified several ways to develop agriculture and rural areas this year.

He told a two-day conference to launch a plan for agriculture and rural development in 2001, which opened in Ho Chi Minh City on Feb. 5, that the Government must coordinate with the Agriculture and Rural Development Ministry, provincial People's Committees and enterprises in seeking markets and helping farmers sell all their farm produce, particularly to Russia and China.

Vietnam targets 19,2billion USD in export in 2001

Tue, 02/06/2001 - 00:12


Ha Noi, Feb. 5 (VNA) -- Viet Nam has set a total export turnover target of USD 19.2 billion for this year, or a year-on-year increase of 16 percent.

Relevant ministries and agencies, representatives as well as representatives of export-import enterprises from all southern provinces economic sectors conferred in Ho Chi Minh City today, Feb. 5, to discus how to accelerate export activities.

Development support fund for rural and mountainous areas

Tue, 02/06/2001 - 00:08



Ha Noi, Feb. 5 (VNA) -- The Government's Development Support Fund will mobilize VND 25,000 billion (USD 1.8 billion) for development credit to benefit rural and mountainous areas this year.

The fund is providing loans to 3,213 projects with a combined capital of VND 58,630 billion (USD 4.2 billion).

In 2000, the fund's debt balance posted a year-on-year increase of 52.6 percent to VND 9,400 billion (USD 671 million), and its disbursement rate, 81.4 percent - the highest rate over the past six years.

Increases in Rubber industry

Sun, 02/04/2001 - 16:52



Ha Noi, Feb. 4 (VNA) -- Viet Nam's yearly rubber production has soared by an average of between 10-12 percent but only 15-20 percent of it is used in the country, reports the Viet Nam Rubber Corporation (VRC).

VRC General Director Le Quang Thung says most of the country's latex is exported with almost 70 percent going to China. Last year, Viet Nam exported USD 170 million worth of latex.

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