Vietnam unveils action plan to curb human trafficking

The Vietnamese government showed its unflinching commitment to fight human trafficking when it unveiled a draft action plan at a seminar in Ho Chi Minh City Dec. 18.

The draft action plan, authorized by Prime Minister Phan Van Khai, attempts to curb the lucrative business of trafficking women and children from Vietnam to China, Cambodia, Taiwan, Malaysia, Thailand and some Eastern European countries.

“The action plan aims to cut human trafficking rates by 50 per cent by 2010,” announced Deputy Prime Minister Pham Gia Khiem.

For Vietnamese victims of Agent Orange/dioxin

Effects of Agent Orange

In Vietnam, during the period of 1961-1971, American army sprayed more than 80 million liters of toxic chemical substances, most of which were Agent Orange which contained about 400 kilograms of dioxin. This weapon of mass destruction has caused great suffering to countless families and left serious consequences on the natural environment and generations of Vietnamese.

Amnesty recipients to receive job assistance; PM

Vietnam’s prime minister has recently asked local authorities to provide vocational training and jobs for amnesty beneficiaries in 2004 and 2005 in order to help them easily integrate back into society.
PM Phan Van Khai sent a note to provincial and municipal People's Committee leaders calling upon them to cooperate with the Fatherland Front and socio-economic organizations to lend a helping hand to amnesty recipients by providing loans and jobs.

Busy Route Prompts Air Battle

The Vietnam-U.S. aviation transport agreement is taking off with increased travel and trade expected between the two countries. Competition on the route is becoming intense.

After more than five years of negotiations, the Vietnam-U.S. aviation transport agreement was signed in Washington in December last year. The agreement, effective since January, is not only a landmark for the transport sector, it will also has a strong impact on Vietnam's economy.

Buddhist monk creates orchid kingdom in Central Highlands

After setting eyes on the exquisite cymbidium orchids in the Central Highlands city of Da Lat almost 15 years ago, a Buddhist monk was inspired to create an orchid kingdom.

Buddhist Monk Thich Hue Dang started collecting cymbidium orchids in the late 1980’s when the mania for them began to subside and growers were selling them off.

Ten years later, Monk Thich Hue Dang was the owner of the largest and most beautiful cymbidium orchid farm in the city, thus gaining the love and respect of local growers as well as orchid lovers across the country.

Vietnam to raise $2.1 billion via bonds in 2005

Vietnam plans to raise 33.25 trillion dong ($2.11 billion) through government bond issues in 2005, 44 percent more than this year, to cover a widening budget deficit, a finance ministry report said Monday.
The report forecast the budget deficit in 2005 would widen more than 10 percent to 12.8 trillion dong ($814 million) from an estimated gap of 11.6 trillion dong this year, due to a three-fold increase in state employees' salaries.

Of the total bond issue next year, 23.25 trillion dong would be used to service interests and to repay matured bonds.

Canada's Talisman to explore oil, gas off Vietnam

Canada's Talisman Energy Inc. said on Monday it had won the right to explore oil and gas in block 15-2/01 in the Cuu Long Basin, off Vietnam's southern coast.

Details of oil and gas reserves in the block were not immediately available.

Block 15-2/01 is adjacent to Vietnam's second biggest producing oil field, the Su Tu Den (Black Lion), which churns out around 85,000 barrels per day (bpd).

Talisman is the operator of oil fields in the PM-3 CAA block and Block 46-Cai Nuoc that produce Vietnam's Bunga Kekwa crude, with output averaging 60,000 bpd.

Telecoms ministry proposes independent arbitration agency

Vietnam’s Ministry of Posts and Telecommunications (MPT) has recently proposed to the government the set up of an independent arbitration agency that would resolve trade disputes among telecoms service suppliers.
“Experiences from other countries show - and as suggested by the World Trade Organization – that it is necessary to establish an independent telecoms management unit in Vietnam," said Mai Liem Truc, deputy telecoms minister.

Overseas community-support fund strengthens national unity

(VNA - 12/7/2004) The Government-invested Fund in Support of the Overseas-Vietnamese Community has over the past year spent almost VND 1.4 billion in 13 projects to increase the sentiment towards the nativeland among the young generations of overseas Vietnamese, said a senior official.

Donors pledge $3.4 billion in ODA for Vietnam in 2005

 
International donors on Thursday pledged to provide Vietnam with $US 3.4 billion in official development assistance, or ODA, in 2005 at the World Bank-chaired Consultative Group meeting in Hanoi.

About $US 2.14 billion was pledged by individual nations, with $100 million coming from international non-governmental organizations and another $1.2 billion from multilateral institutions like the World Bank.

Up to $170 million of the increased pledges for 2005 were to compensate for changes in foreign exchange rates.

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