Wednesday, February 2, 2011

Holland Village Coming To Town

Glass blowing demonstration at the Holland Village
An old-day Holland Village will grow at HCM City’s September 23 Park on October 22-31 to give local people and tourists an insight into Dutch traditional lifestyles and age-old culture

Instead of traveling many areas of the Netherlands to make the most of its traditions, arts and specialties, a village will be designed to gather all in one place for a real experience.

The well-known Holland Village is, in the framework of trade promotion and Holland branding, brought to Vietnam by the Consulate General of the Netherlands in HCM City, with the support of the Ministry of Agriculture, Nature and Food Quality.

To bring to visitors the feeling of a real Netherlands on hand, some 12 traditional Dutch houses in various gables will be built; and a life-size windmill which is ten meters high will stand out from the scene.

The village will be embellished with old Dutch attractions, including a fish stand, a cheese stand and street organ, presenting Dutch taste of herring, a Dutch favorite raw fish, plus Dutch syrup wafel cookies and cheese. To liven up and make the scene colorful, traditional Dutch costume shows will take place with explanation by MC, together with floral workshops, accordionists’ play of Dutch music and more.

Aside from a colorful and lively ten-day festival, the village will give visitors a rare opportunity to “touch” the long-lasting traditions through demonstrations of wooden shoe making and glass blowing and discover Dutch floricultural products, made by professional artists who are difficult to meet even when visiting the Netherlands.
Firstly, visitors will have chances to try the specialties with the hereditary old receipts. In a close-up, Poffertjes, a typical Dutch pastry served for many different occasions, will be baked at sight to the original recipe dating back to 1795. The food will be brought by a family member of Lubica van Wijk, who has been operating a Poffertjes cart for more than 25 years. The original recipe has been passed down for generations in her family and is a closely guarded secret.

Frozen fish will be shipped to Vietnam to create Dutch fish specialty sandwiches with herring, shrimp, pickled herring, smoked salmon and smoked eel for visitors to the village.

At the village, glass artist Frans Limpens will give demonstrations of glass blowing. “You can name it and I will produce it. The lungs of a man for a surgeon, music instruments for musicians, mascots for football fans and animals as a collector’s items,” the artist said.

“All of these objects are made with a glass-torch and special equipment made out of glass tubes with different diameter and glass bars. By blowing and handling the melted glass, all kinds of objects can be created,” added Limpens.

In the past 42 years, the artist has created various items for people from all walks of life, notably the hot-air balloon made for King Hussein of Jordan and the windmill that is now the property of Princess Margriet of the Netherlands.
Other in-depth knowledge of Dutch arts, such as making wooden clogs, will also be given through professional artists with tools from the country. Making wooden clogs by hand is considered a hard-to-make technique.

In addition to cultural and traditional performances, sponsors’ interactive programs with visitors will be held to give funs while learning knowledge of Holland cultures. Philips will organize an ironing competition and a short class teaching aerobics.

Probably the most interesting spot for children in Holland Village is to feel a typical Dutch farm through games of doing milking. Moreover, a photo zone with typical Dutch sceneries of photo panels will be set up to help visitors have real pictures of themselves in the Netherlands right in HCM City.

At the opening ceremony on October 22, an orange wave will come to the scene with the gathering of cyclos and bicycles decorated in orange and participants wearing orange shirts. The demonstration will last for about 20 minutes around the September 23 Park then parade through Le Loi Boulevard, turn around the Opera House and return to the park.

Holland Village was built in 1980 to promote Dutch agricultural products in Germany. It was deployed about four times per year in the major cities of Germany. Since 1989 it has been deployed all over the world, starting in Osaka, Japan, and later in Hong Kong, China, Thailand, Malaysia, Canada, France, Austria and the U.S.
The admission to the well-known Holland Village in HCM City is free. The open daily time is from 3 p.m. to 11 p.m. About 300,000 visitors are expected at the festival.

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Holland Village Coming To Town

Glass blowing demonstration at the Holland Village
An old-day Holland Village will grow at HCM City’s September 23 Park on October 22-31 to give local people and tourists an insight into Dutch traditional lifestyles and age-old culture

Instead of traveling many areas of the Netherlands to make the most of its traditions, arts and specialties, a village will be designed to gather all in one place for a real experience.

The well-known Holland Village is, in the framework of trade promotion and Holland branding, brought to Vietnam by the Consulate General of the Netherlands in HCM City, with the support of the Ministry of Agriculture, Nature and Food Quality.

To bring to visitors the feeling of a real Netherlands on hand, some 12 traditional Dutch houses in various gables will be built; and a life-size windmill which is ten meters high will stand out from the scene.

The village will be embellished with old Dutch attractions, including a fish stand, a cheese stand and street organ, presenting Dutch taste of herring, a Dutch favorite raw fish, plus Dutch syrup wafel cookies and cheese. To liven up and make the scene colorful, traditional Dutch costume shows will take place with explanation by MC, together with floral workshops, accordionists’ play of Dutch music and more.

Aside from a colorful and lively ten-day festival, the village will give visitors a rare opportunity to “touch” the long-lasting traditions through demonstrations of wooden shoe making and glass blowing and discover Dutch floricultural products, made by professional artists who are difficult to meet even when visiting the Netherlands.
Firstly, visitors will have chances to try the specialties with the hereditary old receipts. In a close-up, Poffertjes, a typical Dutch pastry served for many different occasions, will be baked at sight to the original recipe dating back to 1795. The food will be brought by a family member of Lubica van Wijk, who has been operating a Poffertjes cart for more than 25 years. The original recipe has been passed down for generations in her family and is a closely guarded secret.

Frozen fish will be shipped to Vietnam to create Dutch fish specialty sandwiches with herring, shrimp, pickled herring, smoked salmon and smoked eel for visitors to the village.

At the village, glass artist Frans Limpens will give demonstrations of glass blowing. “You can name it and I will produce it. The lungs of a man for a surgeon, music instruments for musicians, mascots for football fans and animals as a collector’s items,” the artist said.

“All of these objects are made with a glass-torch and special equipment made out of glass tubes with different diameter and glass bars. By blowing and handling the melted glass, all kinds of objects can be created,” added Limpens.

In the past 42 years, the artist has created various items for people from all walks of life, notably the hot-air balloon made for King Hussein of Jordan and the windmill that is now the property of Princess Margriet of the Netherlands.
Other in-depth knowledge of Dutch arts, such as making wooden clogs, will also be given through professional artists with tools from the country. Making wooden clogs by hand is considered a hard-to-make technique.

In addition to cultural and traditional performances, sponsors’ interactive programs with visitors will be held to give funs while learning knowledge of Holland cultures. Philips will organize an ironing competition and a short class teaching aerobics.

Probably the most interesting spot for children in Holland Village is to feel a typical Dutch farm through games of doing milking. Moreover, a photo zone with typical Dutch sceneries of photo panels will be set up to help visitors have real pictures of themselves in the Netherlands right in HCM City.

At the opening ceremony on October 22, an orange wave will come to the scene with the gathering of cyclos and bicycles decorated in orange and participants wearing orange shirts. The demonstration will last for about 20 minutes around the September 23 Park then parade through Le Loi Boulevard, turn around the Opera House and return to the park.

Holland Village was built in 1980 to promote Dutch agricultural products in Germany. It was deployed about four times per year in the major cities of Germany. Since 1989 it has been deployed all over the world, starting in Osaka, Japan, and later in Hong Kong, China, Thailand, Malaysia, Canada, France, Austria and the U.S.
The admission to the well-known Holland Village in HCM City is free. The open daily time is from 3 p.m. to 11 p.m. About 300,000 visitors are expected at the festival.

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Regulation Key To Sustainable Development

Before Dcree 101 took effect on december 20, 2009, State-run commercial banks such as VCB, Incombank and BIDV have resolved to turn into regional or even global finance-banking giants since 2006.
Vietnam must hammer out specific regulations on the establishment and operation of conglomerates in finance and banking to ensure these sectors achieve sustainable development

Although the State Bank Law and the Credit Institution Law have been revised twice, they have yet to mention finance-banking groups. Most sub-law documents have not dealt with these institutions, either. The only exception is Decree 101/2009/ND-CP, dated November 5, 2009, on the “pilot establishment, organization, operation and management of State-owned groups.” Article 3, Item 11 of this decree lists “finance, banking and insurance” among sectors where such pilot establishment takes place.

However, in reality, before Decree 101 took effect on December 20, 2009, commercial banks, especially State-run ones such as VCB, Incombank and BIDV, have resolved to turn into regional or even global finance-banking giants since 2006. If the global financial crisis had not erupted, some local finance-banking groups would be in operation now, at least on a trial basis.

As part of their efforts to realize this vision, some State-run commercial banks have ventured into non-core sectors and given birth to insurance, securities, asset management, realty and construction firms, as well as affiliates in such industries as health care or sports. This approach is somewhat questionable as the main pillars of a finance-banking group are finance, insurance, securities and investment.

Article 32 of the Credit Institution Law holds that credit institutions are allowed to set up, with their own equity, legal entities which have independent accounting records and operate in finance, banking, insurance, asset management and so on. In other words, it is through the pillars of banking, finance, securities and investment that commercial banks use their own capital to set up subsidiaries.

Several commercial joint-stock banks have transformed themselves into groups such as ACB Group or Sacombank Group. State-run commercial banks are capable of doing so, too, but must await official recognition by the Government first. For a start, these State-run financial intermediaries may want to capitalize on the provisions of Decree 101.

The lack of specific regulations on finance-banking groups may hamper the sustainable development of banks once these financial intermediaries turn into groups. In particular, restrictions on the extent to which banks can enter non-core fields of endeavor are vital for sheltering these credit institutions from the problems currently gripping Vinashin.

Currently, risk-taking behavior is widespread among commercial banks. Meanwhile, laws and sub-law documents have yet to offer provisions on the establishment, organization, operation and management of finance-banking groups, private or otherwise.

It is time for the State Bank of Vietnam to take the initiative to fill this gap and, in so doing, foster sustainable development in Vietnam’s finance-banking sector in the post-crisis period. Only then can Vietnam brace itself for the proliferation of finance-banking groups in the future. It is also important to avoid blanket bans on multi-sector and giant entities such as conglomerates, which, like gold trading floors and the likes, are rather difficult to manage.

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Review Shows Need Of Bigger Scale

This year, the Ho Chi Minh City Expo, an annual international fair for woodwork and handicrafts, is a landmark which provides a review on the10-year path the Expo has helped local exporters in the industry find theirway to the international marketplace

The list of the 20 woodwork and handicraft exporters that are eulogized during the HCMC Expo’s 10th anniversary this year embraces both veteran players in the field, such as Duc Thanh Wood Processing Joint Stock Company and Savimex, and newcomers like Anh Tan Cuong (ATC). Despite a difference in corporate histories, the commendable companies have several things in common, including their attachment to the Expo’s development, active roles in finding new markets and contribution to the nation’s economic growth in the broad sense.

The first fairs

Le Hai Lieu, general director of Duc Thanh, recalls how the idea of hosting an international fair for the sake of trade promotion in HCM City in early 2000 received strong support from the municipal authorities. The concept was ardently adopted by both the city government and the then Department of Trade, now the Department of Industry and Trade.

As e-commerce had yet to take root at that time, businesses in the field were compelled to spend enormously on bringing their products to overseas fairs in hope of seeking new customers. Lieu, then vice president of the Handicraft and Wood Industry Association of HCM City (HAWA), an organization grouping together players in the city, contended that local exporters ought to actively attract international clients in a fair at home. Given the industry’s export sales amounting to hundreds of millions of U.S. dollars a year, such an event would be highly feasible while helping exporters cut costs.

Authorities’ backing aside, the proposal rapidly fascinated companies across the board. The Department of Trade was then tasked with orchestrating the first event alongside with HAWA. Ever since, in addition to being offered fees much lower than those of similar fairs abroad, participants in HCMC Expo have enjoyed other incentives, for instance the online fair featured at www.hcmcexpo.com.vn. HCMC Expo has become a companion of companies in the industry.

The promotion of the Expo has been carried out through the channels of Vietnamese commercial attachés in countries worldwide, plus those of foreign companies and organizations currently operational in HCM City. In 2003, amidst the Severe Acute Respiratory Syndrome (SARS) and the war in Iraq, the Expo witnessed contracts signed worth US$235 million. Subsequently, the number of exhibitors soared from 126 to 600. All the figures are testimony to the high hopes participants have pinned on the event.

To the newcomers, HCMC Expo offers as well both opportunities and leverage on the development path. In May 2006, ATC was founded, hinging on its furniture made from rattan and dried water hyacinth. ATC Director Nguyen Hoang Tan says since its birth, the company has targeted export markets. Therefore, ATC registered for two booths at the Expo in its first year of operation. Three years later, ATC won a considerable number of contracts at the Expo. “Last year, in Expo 2009, when the global economy was still in tatters, ATC managed to sign on the spot contracts worth more than US$100,000 with customers from the U.S., Britain and Spain,” says Tan. Sales of ATC’s rattan and hyacinth furniture at the Expo, according to Tan, have grown by 15% annually.

Tan recalls an exciting story about one of his customers in last year’s Expo. “That was an American I first thought to be only a visitor,” he says. However, after scrutinizing ATC products on display, the American guest asked for a full quotation and ordered a batch of 80 sets worth US$50,000. In fact, the man was an importer from Miami on a short trip to HCM City. He has entered the list of ATC regular customers.

Participants say this year’s Expo is witnessing the return of many customers. Tan hopes the number of new orders will rise by 20% over last year’s. However, exhibitors still complain about the limited space allocated at the fair. Each company is entitled to only six booths, equivalent to 60 square meters, at most. This area is way too low for sizable woodwork manufacturers that require larger space so that they can arrange their products to optimally attract potential customers.

An exhibition center of scale in need

Not long ago, an exhibition organizer sent an invitation to Duc Thanh, asking the company to join a fair highlighting Vietnam’s potential in the woodwork industry to be held in Hong Kong. One of the reasons for choosing Hong Kong as the venue for the event is that Vietnam has yet to accommodate an exhibition center attaining international standards, which is able to meet meticulous demands of prestigious exhibitors.

The HCMC Expo is part of the national program of trade promotion. However, in that program, no projects to build exhibition centers of international caliber have been conceived.

Because of infrastructure still under par, foreign participants in HCMC Expo remain mostly representative offices or organizations currently present in Vietnam. Although the number of overseas exhibitors has been on the increase, it remains modest as the scale of the event has yet to meet international companies’ expectations.

Lieu contends that the limitation has, to a certain extent, failed to fully exploit the potential of local trade and, beyond that, has partly dented effort to promote the prestige of Vietnam’s woodwork and handicraft.

Meanwhile, experts in the field argue that some local exporters have been professional in promoting themselves as they have gained extensive experience after years of engaging in prestigious international fairs, such as those in Singapore, Germany, the United States and China.

An official with the HCM City Department of Industry and Trade says that a proposal was made several years ago to build an international exhibition center on an area of 100 hectares. However, for various reasons, that scheme has been shelved.

Businesses in the industry say that now is a good time for the Expo’s organizers to ponder on its future so that it will be representative of not only the woodwork and handicraft exports but also Vietnam’s spearhead industries. To turn that goal into a reality, the Government should provide more support in building infrastructure of the right scale to push forward the task of export promotion.

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HCM City hosts trade and technology conference

Vietnam’s Trade and Technology Conference 2010 opened in Ho Chi Minh
City on October 13, attracting 200 representatives from businesses
operating in technology, banking and finance.


Speaking at the conference, Deputy Minister of Information and
Communications Tran Duc Lai said that over the past 10 years, Vietnam’s
Information Technology and Communications (ICT) sector has thrived and
obtained an annual growth in revenue of over 20 percent. This year, the
sector is expected to earn 8.8 billion USD.


According
to Deputy Minister of Science and Technology Nguyen Van Lang, the focus
of the development strategy on science and technology for the 2011-2020
period is to build and develop a sustainable sector, tap into the
country’s human resources, culture and natural resources and ensure the
country fully integrates into the international scientific community,
helping to improve local human resources in the long term.


During the two-day conference, the participants will take part in
group discussions on important issues for the future of the Vietnamese
technological sector, including the States role in developing
technologies and introducing the necessary legislation and tax policies.


Leaders from leading technology companies discussed
global technological trends in the next five years and shared their
views on opportunities and challenges that the companies are facing in
emerging markets.


The conference also witnessed the
signing of two cooperative agreements, between Hoa Lac Hi-tech Zone and
the company SAVVi and between the IDG Venture Investment Fund and DFJ
Vina Capital./.

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South Korea unveils huge clean energy investment plan

SEOUL - South Korea Wednesday unveiled a five-year plan to spend US$36 billion developing renewable energy as its next economic growth engine.

The plan, approved at a meeting chaired by President Lee Myung-Bak, aims to transform South Korea into one of the world's five top players in renewable energy.

South Korea will spend about 40 trillion won -- seven trillion won in state money and 33 trillion won from private businesses -- on new renewable energy projects by 2015, the Ministry of Knowledge Economy said.

It hopes to export renewable energy worth 36.2 billion dollars in 2015.

The ministry predicts the global market for renewable energy will grow rapidly from 162 billion dollars last year to an estimated 400 billion dollars in 2015.

Asia's fourth largest economy, which imports almost all its oil, has tried to cut dependence on fossil fuels and diversify energy sources.

In addition to the 40 trillion won, the ministry said the government will spend nine trillion won to build an offshore wind farm in the Yellow Sea by 2019, generating 2.5 gigawatts per hour of electricity.

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S.Korea unveils huge clean energy investment plan

SEOUL - South Korea Wednesday unveiled a five-year plan to spend US$36 billion developing renewable energy as its next economic growth engine.

The plan, approved at a meeting chaired by President Lee Myung-Bak, aims to transform South Korea into one of the world's five top players in renewable energy.

South Korea will spend about 40 trillion won -- seven trillion won in state money and 33 trillion won from private businesses -- on new renewable energy projects by 2015, the Ministry of Knowledge Economy said.

It hopes to export renewable energy worth 36.2 billion dollars in 2015.

The ministry predicts the global market for renewable energy will grow rapidly from 162 billion dollars last year to an estimated 400 billion dollars in 2015.

Asia's fourth largest economy, which imports almost all its oil, has tried to cut dependence on fossil fuels and diversify energy sources.

In addition to the 40 trillion won, the ministry said the government will spend nine trillion won to build an offshore wind farm in the Yellow Sea by 2019, generating 2.5 gigawatts per hour of electricity.

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