Friday's Tale Consumer confidence traceable Son Nguyen Friday, Jan 20, 2017,01:22 (GMT+7) Consumer confidence traceableSon Nguyen Food safety has become an issue of utmost concern these days, not only for foreign importers but also for local consumers, so the key question is how and where food is produced. In other words, what today’s buyers want is that food items are traceable. Such a trend is now being proactively taken by both State management agencies and enterprises, who have become aware that it is a matter of survival. So, when HCMC authorities initiated the food origin tracking program, first with pork last month and then with veggies this week, the move has got enthusiastic response as seen in local media. As reported, the HCMC Department of Agriculture and Rural Development this Wednesday launched a veggie origin tracking program, allowing two cooperatives to sell traceable vegetables in the chains of Co.opmart, … [Read more...] about Consumer confidence traceable
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Friday's Tale Troubled waters Son Nguyen Friday, Mar 10, 2017,17:37 (GMT+7) Troubled watersSon Nguyen The People’s Court in Hanoi City suddenly called off the hearing of the OceanBank corruption case on Tuesday, nearly two weeks after its opening, and the judges ordered investigative agencies to gather more evidence to clarify violations in the case. Initial findings at the hearing, however, reveal how irregularities have taken place in the banking industry given the loose supervision by the monetary regulator, and how certain leaders of State enterprises have managed to fish in troubled waters. The hearing began on February 27 to look into accusations of “violating regulations in credit organizations’ lending activity; abuse of power on public duty; and intentional violations of State regulations” that occurred at OceanBank that caused huge losses of State assets, especially the loss of VND800 billion in … [Read more...] about Troubled waters
Friday's Tale Low-flying option? Son Nguyen Friday, Apr 7, 2017,06:55 (GMT+7) Low-flying option?Son Nguyen The Ministry of Transport is now facing a tough choice: whether to advocate competition in the civil aviation industry to benefit the public by refusing proposals to impose a floor airfare, or to curb competition by siding with national flag carrier Vietnam Airlines and its affiliate Jetstar Pacific. It is tough because the two State-owned carriers want a floor air ticket price set to ensure profitability, but taking this option means putting the public interests at stake, let alone it goes against the basic rules of the market economy. Such a dilemma, so to say, has stolen the spotlight in local media these days. In their proposals sent to the ministry, both Vietnam Airlines and Jetstar Pacific call for a floor airfare as a cushion in the fierce price war against private airline Vietjet Air. The private carrier, meanwhile, … [Read more...] about Low-flying option?
Friday's Tale Sinking the environment Son Nguyen Friday, Jul 14, 2017,14:28 (GMT+7) Sinking the environmentSon Nguyen Grave concern is the overwhelming perception in all walks of life following a recent decision by the Ministry of Natural Resources and Environment to allow Vinh Tan 1 Power Company Ltd. to sink nearly one million cubic meters of sand and mud into the waters off Binh Thuan Province. As per the decision issued a fortnight ago, the company, owner of Vinh Tan 1 Thermopower Plant, is given three months till the end of October to dump that huge volume of sand and mud onto the seabed eight kilometers from the Hon Cau Marine Protected Area. Such a move, according to local media, is feared to pollute a large swathe of the sea in the long term, despite assurances from the ministry to safeguard the environment. The waste is said to be comprised of mud, sand, shell, gravel and other sediments dredged from the seabed by the … [Read more...] about Sinking the environment
Friday's Tale Man-made calamity Son Nguyen Friday, Oct 20, 2017,15:00 (GMT+7) Man-made calamitySon Nguyen Flashfloods and landslides in recent days have claimed huge losses of human lives, with over 100 people reported dead or missing, let alone a great extent of property damages amounting to trillions of Vietnam dong. Unprecedented rainfalls triggered by climate change, measuring up to 500mm in some northern mountainous provinces within just a couple of days, has been pinpointed as the reason behind the great destruction, but the root cause that has aggravated the losses, as highlighted in local media, is man-made. It is deforestation. “Deforestation is a major painful issue,” admits Tran Quang Hoai, head of the Department for Disaster Prevention and Fighting under the Ministry of Agriculture and Rural Development. “We are paying a high price and this will still go on for many more years,” Hoai is quoted by … [Read more...] about Man-made calamity