Requiem for martyrs in Khe Sanh

Update: April, 14/2014 - 08:24
A requiem was held in Khe Sanh township, Huong Hoa district in the central province of Quang Tri on April 11 with the participation of over 5,000 Buddhist monks, nuns, and war veterans nationwide.

Khe Sanh is the site of fierce battles during the American war, where many Vietnamese soldiers laid down their lives to protect the country. More than 2,500 from across the country are resting in peace in the local martyrs' cemetery.


Interest rates drop by 50% over 2011

Interest rates on loans are no longer an obstacle for enterprises' trade and production activities as they have dropped by 50 per cent compared to rates in 2011, the latest report from the State Bank of Viet Nam has said.

As of April, the number of long-term loans with interest rates offered in the past of over 13 per cent per year accounts for about 17-18 per cent of total volume of outstanding loans. That reflects a drop of 50 per cent of such loans compared to June 2013.

Credit growth in March increased 1.35 per cent compared with February, although the growth came primarily from the purchasing of Government bonds. But the State Bank said it hoped that the activity would support economic liquidity.

Tuoi Tre (Youth)

$540m owed in social insurance payments

As of end of March, enterprises nationwide owed VND11 trillion ($540 million) in social insurance, an increase of VND2 trillion ($100 million) compared with the same period last year.

Many enterprises have faced financial difficulties during the economic downturn and have even stopped operations. They will not be able to pay social insurance.

For the first quarter of this year, more than 1.4 million people received support from social insurance.

Nguoi Lao Dong (The Labourer)

National park closed to tourists

All tourism activities in the U Minh Thuong National Park in the southern province of Kien Giang will cease beginning April 15 as the 21,000-ha park is at a high risk of forest fires.

Southern provinces are nearing the end of the dry season and still have had no rain. The risk of fire is at the serious to extremely dangerous level, authorities said.

Thanh Nien (Young People)

Coffee industry to increase production

The coffee industry plans to increase capacity from 2–2.4 tonnes per ha to produce 1.3-1.4 million tonnes of coffee on 570,000 ha. Around 1 million tonnes will be exported.

The industry will also improve quality and the value of exported coffee by processing before export, and expand to new international markets. It will promote local consumption from the current 9 per cent to 15 per cent.

Sai Gon Giai Phong (Liberated Sai Gon)