Machine made in Vietnam export to US, Japan and France



Ha Noi, March 16 (VNA) -- Mechanical Engineering Company A74, a subsidiary of the Industrial Machinery and Equipment Corporation, has won contracts worth USD 1 million to export its products to the U.S., Japan and France.

The company will export mechanical tools to the U.S., forklift trucks to Japan and sewing machines to France.
The contract with the U.S. is of 10 years. It provides for an import tax rate of 34 percent against 5 percent levied on machines of the same kind made by other countries.--VNA

List of projects needing foreign direct investment





Ha Noi, March 15 (VNA) -- A list of 104 projects needing foreign direct investment was announced by the Planning and Investment Ministry at a seminar in Singapore today, March 15.

The seminar entitled "Towards Success" was co-organized by the Vietnamese and Singaporean Governments.

FAO Helps Southern Farmers Revive Aquaculture



VNA March 15- The United Nations Food and Agriculture Organisation, FAO, is working with authorities in three southern provinces in carrying out a USD 513,000 programme to help revive aquaculture in the region badly affected by last year's floods.

Beneficiaries of the FAO-funded programme are farmers in An Giang, Dong Thap and Can Tho who have started of preparing ponds and restoring other facilities to raise fresh-water fish and shrimp.

US TDA Helps Ho Chi Minh City Develop Software Centre



VNA March 15 - The US Trade and Development Agency, TDA, is to grant USD 398,000 to help Ho Chi Minh City carry out a feasibility study for the establishment of the Quang Trung Software Centre.

An agreement for the USD 750,000 project was signed today, March 15, by Deputy Chairman of the Ho Chi Minh City People's Committee Nguyen Thien Nhan and Charles A. Ray, the US Consul General in the city representing the TDA.

Vietnam will create a more atractive for foreign investors



Ha Noi, March 15 (VNA) -- Deputy Prime Minister Nguyen Tan Dung has affirmed the Vietnamese government would try to remove all difficulties and obstacles to make Viet Nam a more attractive and successful place for foreign investors.

FM Spokeswoman rejects article in The Asian Wall Street Journal


On March 12, 2001 FM Spokeswoman answered question from
Reuters correspondent: Please provide comments on the article "Hanoi sabotages a deal" in The Asian Wall Street Journal on 9 March 2001, referring the case of Nguyen Van Ly and saying that "Vietnamese government crackdowns on religion only increase the chances of the legislature being voted down"?

Answer:

The article by The Asian Wall Street Journal is a sheer fabrication.

US NGO presents gift to handicapped children in Tien Giang



Mar. 13 (VNA) -- * U.S. NGO Presents Gifts Worth USD 48,000 to Handicapped Children in Tien Giang Province

Hope Heaven International Ministries - a non-government organisation, NGO - of the U.S. has presented 309 wheel chairs and other facilities worth USD 48,000 for handicapped children in southern Tien Giang province.

The province now has 49,000 handicapped people with 62 percent being children.

High dioxin pollution found in soil of former US airbases



Ha Noi, March 14 (VNA) -- High dioxin pollution is still found in the soil of former US airbases in southern Viet Nam, reports the Viet Nam Red Cross's Fund for Agent Orange Victims Executive Director, Le Cao Dai.

Dai says a 1998 Canadian study shows that a high level of dioxin (897 ppt) still exists in soil of a former airbase in A So village of A Luoi district, central Thua Thien-Hue province, and nearby areas.

Dioxin levels in the surveyed area is 15 times higher than in non-toxic chemical sprayed areas.

New 6 Aquatic breeding centres



Ha Noi, March 11 (VNA) -- Viet Nam's fisheries sector plans to open six national aquatic product breeding centres in the next five years, says Deputy Head of the Fisheries Ministry's Science and Technology Department Tran Van Quynh.

Vietnam's handicrafts gain foothold in world market




Ha Noi, Mar. 7 (VNA) -- Viet Nam's fine art handicraft products, regarded as an expression of the nation's traditional culture and art, have found a stable niche in the world market.

Unlike other items, fine art handicraft articles are made mostly from raw materials available in the country with imported additives accounting only 3-5 percent. Accordingly, the net income of hard currencies earned from these exports is as high as 95-97 percent.

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