Thursday, December 8 2016

VietNamNews

Smuggled cigarettes seized by authorities

Update: April, 13/2015 - 08:34
In the six months since the Government issued Instruction No 3 on cracking down on cigarette smuggling, the market watchdog has busted 9,400 cases and fined 4,800, 58 per cent and 36 per cent more than in the same period last year, the Ministry of Industry and Trade's Market Watch Department announced.

More than 1 million contraband packs were seized – 25 per cent higher – along with 16 cars, 358 motorbikes, and seven boats, and fines of VND16 billion (US$750,000) were imposed.

Nhan Dan (The People)

Mild tremors hit central province

On April 8 and 9 there were three earthquakes in the mountainous district of A Luoi in the central province of Thua Thien Hue. But they were mild quakes of 2.4 magnitude and caused no damages.

The province People's Committee ordered the Department of Science and Technology to send request to the Globe Physics Institute to find the causes of the tremors and provide early warnings.

Local authorities have also warned all hydropower dam and reservoir managers to be on guard against earthquakes.

Sai Gon Giai Phong (Liberated Saigon)

Binh Duong Province attracts $402m in FDI

In the first quarter of this year the southern province of Binh Duong attracted FDI worth $402 million in 55 new and 30 existing projects to lie second in the nation behind HCM City.

Japan was the biggest investor with $34 million mainly in electronics and pharmaceuticals followed Hong Kong and South Korea with $32 million each.

Thanh Nien (Young People)

HCM City industrial parks need workers

According to the HCM City Export and Processing Zone Authority (HEPZA), 500 companies in its industrial zones require 21,600 workers, mostly manual labour, 7,400 for new projects and 14,000 to replace other workers.

Textile and garment, footwear, electronics are enterprises which need more labourers.

Nguoi Lao Dong (The Labourer)

Banks raise deposit interest rates

Banks have increased deposit interest rates by a little after months of cuts.

The biggest hikes are for medium- and long-term deposits, which go up from 5.1 per cent to 5.4 per cent and from 5.6 per cent to 6 per cent respectively.

Tuoi Tre (Youth)

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