Vietnam Economy Forum

[Viet]

Vietnam, Germany to establish joint venture in producing wolfram


English.news.cn 2013-08-01 20:18:13

HANOI, Aug. 1 (Xinhua) -- Vietnamese Masan Group's Nui Phao Mining Co, Ltd. and Germany's H.C.Starck have signed an agreement to establish a Nui Phao-H.C.Starck Wolfram joint venture to tap wolfram ores at Nui Phao mine in the northern province of Thai Nguyen, state-run Voice of Vietnam reported on Thursday.

Under the agreement, Nui Phao Mining Co, Ltd and H.C.Starck will hold 51 percent and 49 percent of stake in the joint venture respectively.

The joint venture aims to earn around 1 billion U.S. dollars in the next ten years.

Andreas Meier, president and CEO of H.C.Starck was quoted in the report as saying that Masan has developed a world class business specializing in exploiting and processing mineral ores, adding that Nui Phao mine will become a stable source of wolfram supply to the joint venture.

Madhur Maini, president of Masan Consumer Holdings and vice president of Masan Resource, said that cooperation between Masan Group and H.C.Starck will help the group improve its position in improving the quality of wolfram processing at Nui Phao Mining Co. Ltd's factory.

With modern technologies and international standard methods, Masan Group's Nui Phao mine is considered the world's leading project which can provide up to 7 percent of the global source of wolfram supply.

Nui Phao Mining Co. Ltd's wolfram processing factory will begin operation in September this year.

 

[Viet]

Malaysian giant joins US$3.5 billion power plant

Updated : 8/2/2013 9:26:41 AM

The Ministry of Industry and Trade (MoIT) and Malaysian Toyo-Ink Corporation on August 1 signed a Memorandum of Understanding (MoU) on the Hau River 2 thermal power plant to be built under the build-operate-transfer (BOT) model.

The US$3.5 billion plant, which comprises two turbine generators with a total capacity of 2,000 MW, will use imported coal to supply electricity.

The first generator of the plant is expected to start commercial production in the second quarter of 2021, and the entire plant in the second quarter of the following year.

Song Kok Cheong, CEO of Toyo-Ink, said the corporation has worked with Vietnam Electricity (EVN), other related agencies, localities and banks to run the project smoothly.

He also committed to following the progress and ensuring the project’s quality as set by the MoIT.

Deputy Minister of Industry and Trade Le Duong Quang affirmed that Vietnam’s total coal-fired power capacity needs to reach 36,000 MW, accounting for 47% of the whole power generation system’s capacity.

To meet the goal, the Vietnamese Government has issued policies and incentives to encourage investors, both in and out of the country, to join in building the core constructions in different cooperation forms, including the BOT model, he said.

 

[ViXuyen]

Interview between the Director of Vietnam's National Satellite Center and Japan. I'm quite hopeful that this project will be on time since it is funded by Japanese ODA.

Ph

 

[EastSea]

Where are “Road to Olympia” champions?
VietNamNet Bridge – Most of the winners at the “Road to Olympia,” a competition annually held for high school excellent students went studying abroad and settled down there after the university graduation.

Phan Manh Tan, first left, and the other Olympians in Australia.

Tran Ngoc Minh was a student of the Nguyen Binh Khiem High School for the Gifted in Vinh Long province when she became the champion of the first competition in 2000.
After the sweet victory, she left for Australia to study at Swinburne University on the $35,000 scholarship, which was the award for the competition’s winner. There she excellently finished the training course on information technology and telecommunication, became one of a few people awarded the full scholarship for the PhD training course at the school.
During her study at Swinburne, Minh actively participated in social activities. In 2005, Minh became the Marketing Director of Open Your Hearts, a donation organization aiming to help disable children in Australia.
After getting the doctorate, Minh has been working for a telco in Australia. The small girl with brilliant smile got married in January 2013.
Phan Manh Tan, a student from Ha Tinh province, the second champion won the laurel wreath in 2011. Like Minh, Tan soon became a student of Swinburne University.
Tan said the championship made a breakthrough in his life because it has led Tan to what he is today. The competition has also created big changes in this thoughts and the way he looks into life.
Tan has been living and working in Australia for the last 12 years. He is now the father of a 3-year old son, while he and his wife are expecting the second child. He has completed the doctoral research program and has been working for IBM Melbourne in Australia for the last three years.
Tan said there are many Olympians in Australia. Some of them went there on the competition’s scholarship; others’ studies have been funded by other organizations. All of them keep regular contacts.
The competition’s champions all studied at Swinburne and they have been close friends. A football team has been set up with the members mostly from the Olympian in Swinburne University. They gather at least once a year, sending greetings from Australia, watching the ongoing competition in Vietnam, and solving the questions.
Le Vu Hoang is one of the champions who had the strong impression among the audience watching the competition on TV. The poor student from Quang BInh province had to make great efforts to reach to the laurel wreath of the sixth competition.
Hoang joined the competition when his mother was seriously sick and hospitalized. However, the story had a happy ending: Hoang became the champion, while the mother recovered after the successful operation.
The student from Bo Trach High School then surprised people with his iron will and strong belief in victory. A lot of people then burst into tears when Hoang was named as the winner of the competition.
Hoang finished his university study at Swinburne University and has got a stable job in Australia. He has been following a doctoral research program for three years. After seven years of coming to Australia, the Olympian got married in February 2013. Both Hoang and his wife have been living and working in Australia.
Tri Thuc Tre

 

[EastSea]

Travel deal: Vietnam tour

Halong Bay, Vietnam, is part of a new World Spree tour. / Ellen Creager/Detroit Free Press

By Ellen Creager,he Michigan Traveler


If you’re looking for an inexpensive way to see Southeast Asia, here’s a tour to consider. A new arm of China Spree called World Spree is offering a 10-day “Amazing Vietnam” package that includes flight, lodging, transfers, breakfasts and some dinners, and visits Hanoi, Halong Bay, Danang, Hoi An and Saigon.

It’s $1,699 per person based on double occupancy if you book before Aug. 31. This deal includes airfare from San Francisco, so how can you beat it? (Trips, Tours to China, Vietnam, Thailand, India, Cambodia, Laos, Nepal, Japan, Tibet, Best, Cheap, Luxury Travel Packages, Deals to Indochina, Southeast Asia and East Asia, 866-652-5656)

 

[Viet]

Vietnam Airlines inaugurates fifth hangar


Báo QĐND English - 18 hour(s) ago 6 readings

The national flag carrier Vietnam Airlines on August 3 inaugurated its fifth hangar to maintain wide-body aircraft at the Tan Son Nhat International Airport in Ho Chi Minh City.

This is the second largest of the five hangars Vietnam Airlines is operating at the Noi Bai and Tan Son Nhat Airports, and the first of its kind with a dome shape and equipped with a comprehensive technical system.

Covering 13,80sq.m, the 29.5m-high hangar is able to maintain all kinds of wide-body aircraft.

The hangar will help Vietnam Airlines ensure technical services for its fleet and planes of other airlines operating at the Tan Son Nhat Airport. It will also enable the national flag carrier to improve its maintenance quality and capacity.

In the coming time, Vietnam Airlines will continue investing in building necessary hangars along with support workshops at the two airports.

 

[NiceGuy]

Power price rises on back of coal, gas hike

The price of electricity has been raised to an average 1,508.85 VND per kWh (exclusive of value added tax) starting August 1, an increase of 71.85 VND (5 percent).

The move was announced by the Ministry of Industry and Trade on July 31.

The new electricity price will range from 993 VND per kWh (0.046 USD) to 2,420 VND per kWh (0.1142 USD) for households.

The adjustment aims to partly compensate for the increased cost of power generation caused by increased coal and gas prices.

Poor and low-income households that use 0 to 50 kWh per month will be charged the same amount (993 VND) as before but households that use 100-400 kWh per month will be charged an additional 6,800 VND to 37,000 VND per month.

The last electricity price rise was on December 22 last year, with an increase of 5 percent (or 68 VND per kWh) to 1,437 VND per kWh.

The latest rise is expected to cause concern among the public and businesses, many of which are struggling to cope with the economic recession.-VNA
Power price rises on back of coal, gas hike -- Vietnam+ (VietnamPlus)

VN must have more transparency in power price

 

[EastSea]

Hoang Thanh Trang is European Women’s Chess Champion

Aug 3, 2013
Hungarian Grandmaster Hoang Thanh Trang drew her last round game against the former continental champion Viktorija Cmilyte (Lithuania) to secure the first place in the tournament and claim the title of 2013 European Women’s Chess Champion.
Trang played very well throughout the event, scoring seven victories and conceding only four draws for a total of 9 points from 11 games.
She cemented the lead after beating the defending champion Valentina Gunina in round 8 and proceeded to defeat former World Champion Alexandra Kosteniuk in round 10.
Trang rating performance was 2663 and she earned 26 elo-points.

GM Hoang Thanh Trang owner of two citizenships Vietnam and Magyar (Hungary).

Six players shared the second place with 8,0 points each: IM Salome Melia GEO 2428, IM Lilit Mkrtchian ARM 2454, GM Viktorija Cmilyte LTU 2497, GM Alexandra Kosteniuk RUS 2489, IM Bela Khotenashvili GEO 2512 and GM Monika Socko POL 2435.
Acording to tie-breaks, Melia won the silver medal, while Mkrtchian earned the bronze.
The 14th European Individual Women’s Chess Championship was held from 23rd July to 3rd August in Belgrade, Serbia.
A total of 168 players from 35 countries competed in the Championship (Ksenija Tomin, who is listed to make 169, did not play a single game). The number of participants is equal to the 10th European Women’s Championship which was held in Saint Petersburg, Russia, in 2009.
Final standings:
1. GM Hoang Thanh Trang HUN 2467 – 9
2. IM Melia Salome GEO 2428 – 8
3. IM Mkrtchian Lilit ARM 2454 – 8
4. GM Cmilyte Viktorija LTU 2497 – 8
5. GM Kosteniuk Alexandra RUS 2489 – 8
6. IM Khotenashvili Bela GEO 2512 – 8
7. GM Socko Monika POL 2435 – 8
8. WGM Kashlinskaya Alina RUS 2334 – 7.5
9. WGM Arabidze Meri GEO 2320 – 7.5
10. WGM Pogonina Natalija RUS 2478 – 7.5
11. WGM Kovanova Baira RUS 2371 – 7.5
12. GM Muzychuk Anna SLO 2594 – 7.5
13. WGM Girya Olga RUS 2437 – 7.5
14. GM Stefanova Antoaneta BUL 2497 – 7.5
15. WGM Ozturk Kubra TUR 2293 – 7.5
16. GM Cramling Pia SWE 2523 – 7.5
17. IM Javakhishvili Lela GEO 2465 – 7.5
18. IM Atalik Ekaterina EUR 2430 – 7.5
19. IM Milliet Sophie FRA 2396 – 7.5
20. GM Arakhamia-Grant Ketevan SCO 2385 – 7.5
21. IM Kovalevskaya Ekaterina RUS 2407 – 7
22. WGM Daulyte Deimante LTU 2363 – 7
23. IM Guramishvili Sopiko GEO 2421 – 7
24. GM Lagno Kateryna UKR 2542 – 7
25. GM Gunina Valentina RUS 2507 – 7
26. GM Dzagnidze Nana GEO 2558 – 7
27. IM Gaponenko Inna UKR 2393 – 7
28. GM Kosintseva Tatiana RUS 2528 – 7
29. IM Matnadze Ana ESP 2412 – 7
30. GM Zhukova Natalia UKR 2471 – 7
31. IM Bodnaruk Anastasia RUS 2440 – 7
32. IM Paehtz Elisabeth GER 2454 – 7
33. WGM Goryachkina Aleksandra RUS 2401 – 6.5
34. WGM Ziaziulkina Nastassia BLR 2321 – 6.5
35. IM Khurtsidze Nino GEO 2443 – 6.5
36. WGM Schleining Zoya GER 2368 – 6.5
37. IM Savina Anastasia RUS 2368 – 6.5
38. IM Romanko Marina RUS 2368 – 6.5
39. IM Peptan Corina-Isabela ROU 2439 – 6.5
40. WIM Schut Lisa NED 2277 – 6.5
41. WGM Mammadova Gulnar AZE 2322 – 6.5
42. WGM Voicu-Jagodzinsky Carmen ROU 2296 – 6.5
43. WGM Zawadzka Jolanta POL 2393 – 6.5
44. WGM Yildiz Betul Cemre TUR 2287 – 6.5
45. IM Vega Gutierrez Sabrina ESP 2402 – 6.5
46. WGM Kochetkova Julia SVK 2328 – 6.5
47. WGM Majdan-Gajewska Joanna POL 2375 – 6.5
48. IM Muzychuk Mariya UKR 2484 – 6.5
49. IM Sedina Elena ITA 2313 – 6.5
50. WGM Batsiashvili Nino GEO 2405 – 6.5
51. Ibrahimova Sabina AZE 2168 – 6.5
52. IM Ovod Evgenija RUS 2386 – 6.5
53. WGM Shadrina Tatiana RUS 2377 – 6.5
54. IM Purtseladze Maka GEO 2349 – 6
55. IM Lomineishvili Maia GEO 2351 – 6
56. WGM Charochkina Daria RUS 2326 – 6
57. WIM Olsarova Tereza CZE 2203 – 6
58. WGM Ivakhinova Inna RUS 2291 – 6
59. WGM Makropoulou Marina GRE 2220 – 6
60. WGM Chelushkina Irina SRB 2265 – 6
61. WGM Sandu Mihaela ROU 2237 – 6
62. WGM Cosma Elena-Luminita ROU 2329 – 6
63. IM Galojan Lilit ARM 2320 – 6
64. WGM Kursova Maria ARM 2351 – 6
65. WIM Hairapetian Anna ARM 2214 – 6
66. WIM Abdulla Khayala AZE 2241 – 6
67. WGM Melamed Tatjana GER 2384 – 6
68. WIM Mikadze Miranda GEO 2314 – 6
69. WIM Franciskovic Borka CRO 2277 – 6
70. WIM Nikoladze Sopio GEO 2163 – 6
71. WGM Dolzhikova Olga NOR 2244 – 6
72. WIM Berke Ana CRO 2145 – 6
73. WIM Balaian Alina RUS 2237 – 6
74. IM Klinova Masha ISR 2322 – 6
75. WGM Srebrnic Ana SLO 2203 – 6
76. WGM Molchanova Tatjana RUS 2296 – 5.5
77. WIM Rakic Marija SRB 2294 – 5.5
78. WIM Bronnikova Elizaveta RUS 2245 – 5.5
79. IM Gvetadze Sofio GEO 2341 – 5.5
80. WIM Tarasova Viktoriya RUS 2300 – 5.5
81. WIM Styazhkina Anna RUS 2242 – 5.5
82. WGM Papp Petra HUN 2276 – 5.5
83. WFM Cherednichenko Elena UKR 2167 – 5.5
84. WIM Umudova Nargiz AZE 2253 – 5.5
85. WIM Vega Gutierrez Belinda ESP 2148 – 5.5
86. WIM Isgandarova Khayala TUR 2219 – 5.5
87. Martynkova Olena UKR 1851 – 5.5
88. Azimova Karina RUS 2037 – 5.5
89. WGM Mamedjarova Zeinab AZE 2256 – 5.5
90. WIM Eric Jovana SRB 2223 – 5.5
91. WGM Zakurdjaeva Irina RUS 2291 – 5.5
92. WIM Baraeva Marina RUS 2185 – 5.5
93. WGM Kaps Darja SLO 2235 – 5.5
94. WIM Drljevic Ljilja SRB 2187 – 5.5
95. WGM Manakova Maria SRB 2351 – 5.5
96. WGM Benderac Ana SRB 2225 – 5.5
97. IM Foisor Cristina-Adela ROU 2387 – 5.5
98. WFM Zarkovic Mila SRB 2070 – 5.5
99. WFM Folkova Martina CZE 2189 – 5.5
100. WFM Petrukhina Irina RUS 2190 – 5.5
101. WIM Olsarova Karolina CZE 2246 – 5
102. WIM Pavlidou Ekaterini GRE 2210 – 5
103. WGM Videnova Iva BUL 2301 – 5
104. FM Stetsko Lanita BLR 2209 – 5
105. WGM Bulmaga Irina ROU 2403 – 5
106. WGM Vojinovic Jovana SRB 2376 – 5
107. WFM Belenkaya Dina RUS 2191 – 5
108. WGM Rogule Laura LAT 2329 – 5
109. WFM Korchagina Viktoria RUS 2068 – 5
110. WFM Shulakova Svetlana RUS 2194 – 5
111. WFM Batyte Daiva LTU 2161 – 5
112. WIM Petrovic Marija SRB 2104 – 5
113. Nonkovic Bogdana SRB 2081 – 5
114. WGM Stjazhkina Olga RUS 2243 – 5
115. Kruljac Petra CRO 2092 – 5
116. WIM Kazimova Narmin AZE 2208 – 4.5
117. WFM Novkovic Julia AUT 2102 – 4.5
118. WFM Golubeva Oksana RUS 2149 – 4.5
119. Gueci Tea ITA 2018 – 4.5
120. Utiatskaja Irina RUS 2047 – 4.5
121. WFM Khalafova Narmin AZE 2107 – 4.5
122. WIM Gavasheli Ana GEO 2170 – 4.5
123. WIM Makka Ioulia GRE 2171 – 4.5
124. WIM Baraeva Irina RUS 2171 – 4.5
125. Jacimovic Sara BIH 1971 – 4.5
126. WFM Visanescu Daria-Ioana ROU 2061 – 4.5
127. Velikic Adela SRB 1992 – 4.5
128. Imeeva Aisa RUS 2079 – 4.5
129. WFM Bokuchava Madona GEO 2109 – 4.5
130. WGM Mamedjarova Turkan AZE 2267 – 4.5
131. WCM Gjergji Rozana ALB 1917 – 4.5
132. Panic Anastasija SRB 1948 – 4.5
133. Kezele Tamara SRB 1994 – 4.5
134. Nikolovska Dragana MKD 1848 – 4.5
135. Todorovic Violeta SRB 2117 – 4.5
136. WFM Miladinovic Lena SRB 2083 – 4.5
137. WIM Djukic Sandra SRB 2197 – 4.5
138. WCM Egorova Ayyyna RUS 1991 – 4
139. WFM Coimbra Margarida POR 2093 – 4
140. WFM Zivic Radmila SRB 2029 – 4
141. Serefidou Despina GRE 1971 – 4
142. Kaplan Ebru TUR 1885 – 4
143. Olea Liliana ROU 1905 – 4
144. Injac Teodora SRB 1713 – 4
145. WCM Oliveira Maria Ines POR 1978 – 4
146. Dizdarevic Barbara SRB 1981 – 4
147. Gurcan Aytolun TUR 1705 – 4
148. WFM Bogumil Tatiana RUS 2084 – 4
149. Milutinovic Stefana SRB 2035 – 3.5
150. Blagojevic Tijana MNE 2058 – 3.5
151. Bejatovic Bojana MKD 2002 – 3.5
152. WIM Vrabic Anita SLO 2112 – 3.5
153. WFM Khropova Larisa RUS 1987 – 3.5
154. WCM Cemhan Kardelen TUR 2052 – 3.5
155. Ivekovic Ivana CRO 1858 – 3.5
156. Rakic Teodora SRB 1862 – 3.5
157. Mahmutbegovic Nadina BIH 1800 – 3.5
158. Nestorovic Katarina SRB 1484 – 3.5
159. Korbovljanovic Natasa SRB 1877 – 3.5
160. Brankov Kristina SRB 1903 – 3.5
161. WIM Pihajlic Amalija SRB 1882 – 3.5
162. Rudovic Anja SRB 1549 – 3
163. WFM Paramentic Mila SRB 1936 – 3
164. Sekulovic Dusica SRB 1805 – 3
165. Milanovic Maja SRB 1969 – 2.5
166. Sarjanovic Andjela SRB 1655 – 2.5
167. WIM Velickovski-Nejkovic Maja SRB 2083 – 2
168. Jankovic Milanka SRB 1619 – 1

 

[BoXilai]

Striker Vinh voted best player in SEA
(VOV) - Vietnamese striker Le Cong Vinh has been named the best player in Southeast Asia in an online voting contest organised by sports online newspaper Goal.

Vinh, who has won Vietnamese Golden Ball for three times, beat 20 nominees from other Southeast Asian countries to win the award.

Striker Le Cong Vinh is the best player in Southeast Asia (Photo: Minh Hoang)
His opponents included Shahril Ishak, Hariss Harun, Baihakki Khaizan, and Izwan Mahbud (Singapore), Teerasil Dangda, Theeraton Bumnathan, and Kawin Thamsatchanan (Thailand), Stephan Schrock, Javier Patino, and Phil Younghusband (the Philippines), Mahali Jasuli, Khairul Fahmi, Safee Sali, and Aidil Zafuan (Malaysia), Boaz Solossa and Sergio van Dijk (Indonesia), Kyi Lin (Myanmar), Visay Phaphouvanin (Laos), and Khim Borey (Cambodia).

According to the organising board, Vinh got a total of 68.6% of votes in favour, far exceeding second placed Khim Borey (Cambodia) who just gained 29.3% of votes and third placed Shahril Ishak (Singapore) with 1.2% of votes.

The Nghe An-born player has received great support from his fans after he signed a contract for his home FC Song Lam Nghe An during this football season.

The 2012-2013 Southeast Asia Award is believed to motivate Vinh to perform well in Japan under a loan deal with Japanese FC Consadole Sapporo.

On August 4, Vinh left for Japan’s Hokkaido island where Sapporo players are training. He is due to experience a medical check-up on August 6 and have first training sessions in the new club the same day.

Striker Vinh voted best player in SEA | VOV Online Newspaper
Tai BigOne

 

[ViXuyen]

I wonder if ASEAN puts together their best players in a team; would that team make it to the World Cup?

 

[Nike]

I wonder if ASEAN puts together their best players in a team; would that team make it to the World Cup?

Need Mourinho or Guardiola calibre as a head coach i think

 

[Viet]

10 Vietnamese firms named “Best Under a Billion”

Friday, August 02, 2013

Dinh Vu port development company is among 10 Vietnamese companies named "Best Under a Billion".

(VOVworld) - Forbes Asia has included 10 Vietnamese companies in its list of Asia’s 200 “Best Under a Billion” (BUB) for 2013.

Forbes’ press release said the BUB list honors the most outstanding among 15,000 small and medium-sized enterprises in the Asia-Pacific region whose annual revenue is between 5 million USD and 1 billion USD. Honorees were chosen for their incremental finance, higher number of shareholders, reasonable debt, and profit potential.

Vietnam had only 8 companies on the list last year.

 

[Viet]

US$35 million plant to make auto parts in Quang Ninh


Updated : 8/8/2013 11:12:34 AM

(VOV) - The Yazaki Haiphong-Vietnam Ltd Company will build a plant to manufacture automobile spare parts at Dong Mai industrial zone in Quang Ninh province.

Construction of the US$35 million plant will start in October 2013 and be completed in August 2014.

Once put into operation, the plant will produce more than 2.7 million sets of spare parts per year and generate jobs for around 3,000 workers.

 

[Viet]

PVEP welcomes first oil stream from project in Malaysia

09:09 | 08/08/2013 vir Vietnam

The PetroVietnam Exploration and Production Corporation (PVEP) has welcomed the first oil stream from West Desaru 1 oil well it is exploring under a joint project in Malaysia, according to the Vietnam National Oil and Gas Group (PetroVietnam).

The output from the well of West Desaru oil field, which belongs to Block PM304 offshore Malaysia peninsula, is expected to reach 2,000 barrels/day.

When fully operational, the field, one of PVEP’s three overseas oil stream projects, is expected to produce 20,000 barrels/day.

PVEP now holds a 15 percent stake in the project. The corporation is currently investing in 17 overseas projects. It is working hard to welcome the first oil stream from its other projects in Peru and Algeria.

 

[Viet]

Pictures of China´s JoYou Group opened a showroom and representative office in Hanoi in early August 2013