Vietnam-UK economic ties look good for 2010

Despite the devastating impact of the global economic crisis, economic and trade ties between Vietnam and the UK have remained steady, even growing in 2009, and look likely to continue healthily in 2010.

In its latest report, the UK Department of Trade and Investment (UKTI) regards Vietnam as one of the 17 major markets to be approached by UK businesspeople.

The UKTI also surveyed the markets that UK businesses will invest in the future and Vietnam was named among the top 15.

According to the UK Statistics Authority, by the end of October this year the UK had imported 893 million GBP worth of commodities from Vietnam, a year on year rise of 7.4 percent while it exported goods worth 171 million GBP to Vietnam, a year on year increase of 12 percent.

With an average monthly trade value of 120 million GBP recorded over the last few months, two way-trade turnover between Vietnam and the UK is likely to meet this year’s target of 1.8 billion USD (over 1.1 billion GBP). This was confirmed by Vietnam’s trade counselor in the UK An The Dung.

Dung also said that UK investments in Vietnam have currently reached two billion USD in 126 projects, making the country one of the largest European investors in the Southeast Asian country.

Globally famous companies such as BP, Shell, BAT, GlaxoSmithKline, Tate & Lyle, Prudential, HSBC, and Standard Chartered Bank have been established in Vietnam for a long time now while other companies are planning to expand their operations in the country.

The Vietnamese trade official predicted that bilateral trade would become brisker in 2010 as the UK’s economy has shown signs of recovery and economic analysts have said its darkest period was over.

Dung attributed the improved image of Vietnamese products and businesses in the world and UK market to trade promotions conducted by businesses themselves and by Vietnamese State agencies. In 2009, almost 60 Vietnamese delegations traveled to the UK for trade promotions.

He said that the exporters of farm products and foodstuffs to the UK should maintain their export rate in 2010 but need to take part in trade fairs for agricultural products, food and beverages in the UK to explore future potential deals.

Dung forecast that purchases of footwear and garments will rise in the UK, two of Vietnam’s main exports to the UK.

The counselor also gave a positive projection for Vietnamese plastic products as the demand in the UK market has risen to 69kg per person a year.

Shrugging off 2009’s economic challenges, the UK’s economy will start to grow again in 2010, which will create a “win-win situation” for both the UK and Vietnam

Source:saigon-gpdaily.com.vn/

Findings point new path for dealing with Vietnam War's poisonous legacy

Tran Huynh Thuong Sinh, who was born without eyes, is examined by a nurse at a hospital in Ho Chi Minh City. Many children at the facility are from areas once heavily sprayed by U.S. forces with the defoliant Agent Orange. (Kuni Takahashi / Chicago Tribune / July 8, 2009)





Reporting from Da Nang, Vietnam - When a small Canadian environmental firm started collecting soil samples on a former U.S. air base in a remote Vietnamese valley, Thomas Boivin and other scientists were skeptical that they would find evidence proving herbicides used there by the American military decades ago still posed a health threat.

But results showed that levels of the cancer-causing poison dioxin were far greater than guidelines set by the U.S. Environmental Protection Agency for residential areas.

That's when Boivin, now president of the firm, says he had his "eureka moment." Vancouver-based Hatfield Consultants Ltd. began tracing the toxin through the food chain, from the soil and sediment of nearby ponds to the fat of ducks and fish to the blood and breast milk of villagers living on the contaminated site.

The breast milk of one woman in the study contained dioxin levels six times higher than what the World Health Organization deems safe. She also had a 2-year-old child with spina bifida, one of the birth defects for which the U.S. Department of Veterans Affairs compensates the children of U.S. veterans.

Since then, Hatfield and Vietnamese scientists have taken samples from nearly 3,000 former U.S. military installations scattered throughout former South Vietnam and have identified 28 "hot spots," including three highly contaminated sites around populated areas in Da Nang, Bien Hoa and Phu Cat.

Their findings offered a way to recast the legacy in Vietnam of Agent Orange and related defoliants as a solvable, though urgent, issue. Instead of a messy controversy over birth defects and other complex health issues, the discovery of persistent contamination focused attention on a measurable, present-day problem that could be addressed.

Yet since the first Hatfield study was published in 2000, the U.S. government has done little to help clean up the sites it contaminated during the Vietnam War, providing just $6 million to tackle both the serious health issues related to the contamination and the significant environmental damage caused by the defoliants.

Boivin and others who have worked on the issue say that since the first studies came out, there has been more cooperation between the U.S. and Vietnam. Hatfield started working in Vietnam pro bono in hopes of landing Canadian government subsidies, but the firm later became committed to studying the problem, donating hundreds of hours and resources.

"During the past few years in particular, there's been huge movement on the U.S. and Vietnamese sides," Boivin said. "It's very encouraging to see."

Yet the United States' overall pace of action on polluted former military bases in Vietnam has been slow. Officials in Vietnam and the U.S. have not settled on an exact cost, but the price tag to clean up Vietnam War-era hot spots would run into the tens of millions of dollars.

"There's no question that there are levels of dioxin in Vietnam that are harmful, and there is no doubt that U.S. and South Vietnamese forces storing it there has had a cause and effect," said Michael Marine, the U.S. ambassador to Vietnam from 2004 to 2007.

"It's a relatively easy argument to make that the U.S. should help to address this issue."

The impact of Agent Orange isn't felt only by soldiers and civilians who were directly sprayed. The chemical has had a lasting effect in and around the bases where it was stored -- and spilled.

When Nguyen Van Dung took a job cleaning sewers at the Da Nang airport in 1996, he didn't know that U.S. forces had stored hundreds of thousands of gallons of herbicides there during the Vietnam War or that those herbicides contained a highly toxic compound linked to more than a dozen illnesses. He didn't know that the compound had soaked into the soil and remained there at dangerously high levels.

Dung moved with his wife, Thu, and their healthy infant daughter into a one-room cinder-block house next door to the former U.S. air base. During the next 13 years, Dung and Thu, who also works at the airport, had two children with devastating illnesses, including rare blood and bone diseases, that the couple suspect were caused by contamination at the airport.

Their second daughter died when she was 7, and now their 10-month-old son, who suffers from the same ailments, requires painful blood transfusions every month to stay alive.

"I am a man, and men seldom cry," said Dung, 41, who sat cross-legged on the floor in his home, tears welling in his eyes as Thu cradled the frail infant in her lap. "But every time my son has a blood transfusion, I cry."

During the last three years, Hatfield and Vietnamese scientists measured levels of dioxin in the blood and breast milk of workers at the Da Nang airport that were as much as 100 times higher than WHO safety guidelines.

Dioxin is considered the most persistent toxin known. In the environment, its half-life can be decades, meaning it takes that long for the chemical contamination to diminish by half. In the human body, the half-life of dioxin is about 7 1/2 years. That means that, not even a decade ago, some residents tested by Hatfield could have had even higher levels of the toxin.

The contamination at Da Nang isn't confined to the air base. Scientists also found that dioxin from the herbicides had seeped into nearby Sen Lake, where for decades residents bought and sold fish.

Source:latimes.com/