Vietnam Faces Big Deficit in HIV/AIDS Funding - News on 29 November 2016

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VN faces big deficit in HIV/AIDS funding

Việt Nam will face a huge budget deficit in health services for people with HIV/AIDS in the next five years, an official from the HIV/AIDS Prevention Agency, Dương Thúy Anh, said yesterday at a conference on insurance payments for ARV therapy.

Anh said the State budget could only reserve VNĐ100 billion (US$4.4 million) for antiretroviral (ARV) therapy in 2016-20, but the demand is for about VNĐ600 billion ($27 million). She said most people with HIV/AIDS cannot afford prolonged use of ARV and other drugs for opportunistic infections. Anh said that was why the Government and various agencies have been conducting discussions on the implementation of the Prime Minister's decision on payment for ARV and support for ARV users through health insurance. "Only 40 per cent of people with HIV/AIDS have enrolled in social health insurance, while 72 out of 385 (18.7 per cent) of health service centres provided payment for HIV/AIDS patients through insurance," Anh said. "The …

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USD320 billion for solar energy battery production

An inauguration ceremony took place on November 27th at the Quang Chau Industrial Zone in Viet Yen district, the northern province of Bac Giang, to start the project producing solar energy batteries by JA Solar Vietnam Company, with an investment capital of USD320 million in the first three years.

The project is expected to reach a turnover of USD500 million per year. JA Solar, one of the largest projects in the Quang Chau Industrial Zone, will create jobs for over 3,000 labourers. The JA Solar Group has established eight production plants all over the world to provide power products for countries in Europe, America and Japan. Last year, its turnover was reported at USD2.15 billion and its staff reached over 22,000. Compiled by BTA …

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Hanoi spends $2 million on CNN ads to promote tourism, investment

Vietnam's capital city will roll out its advertising campaign on the international news network over the next two years.

Hanoi has signed a contract with CNN, America's major news network, to air ads in a bid to promote the city as a tourism and investment destination. Its mayor Nguyen Duc Chung confirmed that the two-year campaign will start its run on January 1st. “We have been in touch since August before reaching the final decision that the city will spend $2 million on the campaign,” Chung said. The ads will help attract more global investors, who will fuel the city's economic growth, he said. Hanoi’s economy is expected to expand 8 percent this year, the highest growth since 2011.

Foreign direct investment inflows into the city have nearly tripled to $2.8 billion so far this year, officials said. The new marketing drive will also help Hanoi boost its tourism. The city is well on track to receive around 3.8 million foreign visitors, according to the city’s …

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Over 4,000 prisoners meet amnesty requirements

The Amnesty Consultancy Council on November 27th convened to adopt the list of prisoners who meet the standard for receiving amnesty before submitting it to the State President for approval.

Since 2009, in realization of the amnesty law, the State has implemented 6 amnesty periods, releasing 81,795 prisoners ahead of sentenced schedule, and postponing the enforcement of sentences for 919 others. A majority of prisoners who are granted with amnesty have returned to their residential areas, stabilized their lives and found ways to earn an honest living.

Statistics by the Amnesty Consultancy Council show that there are a small number of prisoners granted amnesty who returned to crime. Addressing the meeting, Standing Deputy Prime Minister Truong Hoa Binh stressed that humanity and clemency for criminals is a good tradition of our nation, adding that Vietnamese laws reflect both strict punishment for criminals, dangerous opposers and repeat offenders, and give clemency to criminals who show …

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HCM City plans expansion of bus ads

The HCM City’s Department of Transport has drawn up a plan to put advertisements on all buses operating on 136 routes around the city after eight months of piloting the plan on 171 buses on 10 routes.

The contract signing ceremony for the pilot project to run advertisements on bus routes in HCM City. Twenty seven companies and brands, mostly from Viet Nam and Japan, participated in the pilot plan to advertise cosmetics, food, sauces and pharmaceutical products. Koa-Sha Viet Nam Ltd Company is the official agency executing the pilot projects of bus ads in HCM City that began in March. After eight months of piloting, revenue from bus ads reached VND14.6 billion (US$646,000), according to the Department of Transport.

Under the new plan, the department is calling for more companies, particularly those providing tourism and industrial products, to run ads on buses. Earlier, the Department of Transport …

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State Bank set limits on credit card compensation

28 November 2016 - Credit card service providers will have to compensate card owners for any probable loss not caused by the owners, starting November 28th, 2016. This is according to Circular No. 30 from the State Bank of Vietnam (SBV).

Banks and other financial entities will have a maximum of five days from the announcement of the results of inspection based on the clients' claims to comply with the appropriate contract and legal procedure as stated in the recently issued circular, which includes several additions to regulations on payment and intermediate payment service in Viet Nam. In case the deadline for inspection of claim as stated in the card contract has already passed without a determined cause of loss or the party at fault, within the next 15 working days, the credit card issuer must negotiate with the card owner to find a solution or offer temporary compensation until a final decision is reached by the appropriate authorities on the fault and responsibility of each party. With regard to …

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Legal gambling may be on horizon

28 November 2016 - Gamblers must be over 21 years of age and be of good civil standing if they want to gamble on horse and dog racing and international football, according to the second draft of a decree on the issue.

This is up from 18 years in the first draft, the second draft states, which is expected to be submitted to the government for approval in December. The second draft is now open for opinions from relevant agencies, according to the Decree Drafting Committee. The draft decree will have minimum and maximum betting levels regulated by the government. After a year of operations, gambling businesses will be permitted to distribute betting tickets via betting terminals and via telephones.

The Ministry of Finance (MoF) will coordinate with relevant ministries and agencies to propose and submit to the government certain cities and provinces for a pilot program on gambling on international football matches, which is not to exceed five years. The MoF must also prepare clear provisions to …

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Four died after boat capsizes in Binh Phuoc

28 November 2016 - Police have found the bodies of four victims who drowned after a boat capsized on Lap River, Binh Phuoc Province on November 27th. Only four of the eight people on the boat survived.

The victims were all relatives including a couple and a father and son. Nguyen Thi Ngoc, the victims' aunt, said the accident happened at midnight. She was sleeping when she heard the screaming from the river. She ran out and was able to save one of eight people on the boat. Only two of the people on the boat knew how to swim and tried to save other people. Nguyen Tien Cuong brought his daughter to the shore and returned for his wife but he was exhausted and couldn't survive. 10 rescuers were sent out to search for the victims after receiving the news.

Bui Van Ut Ba, the victims' uncle, said, "Our nephew returned home on the weekend so everyone went to the other side of the river to party which is 200 meters away. They were going home by boat after the party finished after midnight but the boat was too …

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