Vietnam increases investment in livestock breeding

Wed, 01/31/2001 - 00:38




Ha Noi, Jan. 31 (VNA) -- Viet Nam's investment in livestock breeding will continue increasing in 2001 to ensure the balance between husbandry and crop cultivation.

The number of pigs will be raised to 21 million
including 17 million lean-meat pigs for export. Viet Nam now has about more than 19 million pigs with 7 million lean-meat heads.

New management mechanism for Ho Chi Minh city

Mon, 01/29/2001 - 17:31



Jan 29 Asia Pulse - The Ho Chi Minh City People's Committee has been told it should submit a proposal to Government setting up a management mechanism specific to the city's needs by March.

Nguyen Khanh, vice-director of the Government's Administrative Reform Steering Committee, said the committee believed the present management system, run from Hanoi and applied to all areas of the country, does not make allowances for the different needs of each area and has stymied Ho Chi Minh City's development.

Vietnam encourages higher Foreign Investment

Mon, 01/29/2001 - 17:28




HANOI, Jan 29 Asia Pulse - Vietnam is devising uniform solutions to both attract more foreign investment and make it more efficient.

For example, State management agencies will issue guidelines for implementing the Foreign Investment Law in the first four months of this year.

They will follow this by submitting a formula for the trial equitization of foreign-invested enterprises, FIEs, to the Government in the second quarter to help them participate in the securities and capital markets.

Production of VietsovPetro

Mon, 01/29/2001 - 16:23



Ha Noi, Jan. 29 (VNA) -- The Viet Nam-Russia Petroleum Joint Venture (VietsovPetro) plans to pump 13 million tonnes of crude oil and bring ashore 1.5 billion cu.m. of gas this year.
VietsovPetro tapped 154,000 tonnes of crude oil and brought ashore 15 million cu.m. of gas from the Bach Ho (White Tiger) and Rong (Dragon) oil fields in four days of the traditional Lunar New Year, from Jan. 23-26.

The joint venture's current daily output of 38,500 tonnes of crude oil and five million cu.m. of gas is double last year's production.

New degree to help small and medium business

Mon, 01/29/2001 - 16:06




Ha Noi, Jan. 29 (VNA) -- The Planning and Investment Ministry is drafting a decree intended to give small-to-medium business development new momentum.

The enterprises - 90 percent of them State-owned - make up 26 percent of Viet Nam's gross domestic product, GDP, and last year provided stable employment for more than eight million people.

In so doing, they played an important role in Viet Nam's socio-economic development.

Vietnam plans measures to encourage foreign investment

Fri, 01/26/2001 - 14:48



Ha Noi, Jan. 26 (VNA) -- Viet Nam is devising uniform solutions to both attract more foreign investment and make it more efficient.

For example, State management agencies will issue guidelines for implementing the Foreign Investment Law in the first four months of this year.

They will follow this by submitting a formula for the trial equitization of foreign-invested enterprises, FIEs, to the Government in the second quarter to help them participate in the securities and capital markets.

Cinnamon areas expand to meet export demands

Fri, 01/26/2001 - 14:46



Ha Noi, Jan. 26 (VNA) -- Viet Nam is to expand its cinnamon areas from 16,000 ha to 50,000 ha in an effort to earn USD 15 million from cinnamon-bark exports by the year 2005, says the Agriculture and Rural Development Ministry.

Between 3,000-5,000 ha of the planned cinnamon areas will be exploited each year to ensure raw material for both export and essential oil production, it says.

Vinamilk- successful dairy company

Thu, 01/25/2001 - 22:52




Ha Noi, Jan. 25 (VNA) -- The Viet Nam Dairy Products Co. (Vinamilk) has almost defeated multinational rivals.

Between five and seven years ago, milk was a luxury product. However, with the appearance of Vinamilk with its 100 categories of products milk and dairy produce have become familiar to all families.

Environment protection is accelerating

Thu, 01/25/2001 - 22:49

VIET NAM SEEKS NEW FUELS


Ha Noi, Jan. 25 (VNA) -- Viet Nam is seeking to limit the use of fossil fuels and develop replacements so as to reduce environmental pollution, says Deputy Science, Technology and Environment Minister Pham Khoi Nguyen.

He says the ministry has helped the government issue policies aimed at accelerating environmental protection, including those that encourage the development of new and cleaner fuel sources.

Gas to pump from off southern shore of Vietnam

Thu, 01/25/2001 - 22:48




Ha Noi, Jan. 25 (VNA) - Gas is soon to be pumped from the shared Viet Nam-Malaysia gas field off sourthern Viet Nam by PetroVietnam and Malaysia's Oil and Gas Co.

The gas will be used to fuel electricity generation in the Mekong delta provinces of Tra Vinh and Can Tho and is part of PetroVietnam's plans to exploit the country's potential to produce an estimated yearly 2,200 billion cu.m. of the fuel.

Other projects planned by PetroVietnam for the effective use of gas for both industry and daily life include:

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