Trading System

Momentum Stock Trading System: Trade In Only The Fastest Moving Stocks
Complete Stock Trading System, find stocks, entry, exit and position sizing.
Goal: 20% to 25% per annum gains with drawdowns of less than 12%. Trade once a week (10 minutes tops) Invest your own pension fund, 401K and make bigger gains.
Complete system to find only the very top 1% of stocks at the right time to trade in.
Momentum Stock Trading System. 100% mechanical stock trading system tades once a week.
Other vendors sprout ridiculous numbers simply to con people into buying! No trader or system alive can make 20% per month or 100% a year. Crazy!
Momentum Stock Trading System:
Which are the best stock?
Glad you asked?
Whislt I have 6 points each stock must poass to be a great trading stock here are some of the the things you must look for:
* Huge insitutional buying,
*  Volume patterns
*  Key fundamantals
*  Trend recognition and price ranges.
Some things about M.S.T.S.:
Online since 1999
Thousands of happy/profitable customers.
Snagged some of the very best moving stocks since 1999 all the way through to 2012
Trades off key technical scans and fundamental data to find the “new hot stocks”
No charts trades. Trades from precise excel based rules on entry and exits.
Time taken to trade? 10 minutes a week. NO INTRA DAY MONITORING NEEDED NOR WANTED!
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Trading Systems Coding: Conclusion

After going through this step-by-step tutorial, you should have a fully operational and fully automatic trading system.

As you continue working with your system, keep in mind the following:

  • Always backtest until your system performs well with past data, then paper trade to make
  • sure your system performs well with current data. The market has two phases - trending and ranging - a
  • nd very few trading systems handle both perfectly. Be sure to only trade in a market that your system can beat.
  • Make changes one at a time so that you can pinpoint which aspects are improving your returns and which are hurting them.
  • Keep it simple. Extremely complex trading systems are often fitted to work well with past data, but are incapable of adapting to new market conditions.
  • Make sure that you know the strategy behind your trading system. As absurd as it sounds, many people develop their systems until they become so complex that they forget the underlying strategy.
  • Don't over-optimize. Optimizing too much can lead to what is known as curve-fitting, which can reduce your trading system's effectiveness and ability to adapt.
Resources

Here are some trading applications worth checking out:
MetaTrader - http://www.metaquotes.net/
TradeStation - http://www.tradestation.com/
Tradecision - http://www.tradecision.com/
MetaStock - http://www.metastock.com/
AmiBroker - http://www.amibroker.com/
WealthLab - http://www.wealth-lab.com/
Comprehensive List - http://elitetrader.com/so/

Here are some community resources that can assist you:
Moneytec - http://www.moneytec.com/
StrategyBuilderFX - http://www.strategybuilderfx.com/
EliteTrader - http://www.elitetrader.com/
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PetroVietnam Finance lends Vinacafe Buon Ma Thuot $42.2 million





PetroVietnam Finance Co., a unit of Vietnam Oil & Gas Group, will lend coffee company Vinacafe Buon Ma Thuot Co. up to VND750 billion (US$42.2 million) to fund development of a plantation.

Vinacafe would use the money to buy urea and other products from PetroVietnam Fertilizer & Chemical Joint-Stock Co., the country’s biggest-fertilizer producer, the lender said in an e-mailed statement Friday.

“We offer Vinacafe an interest rate of 6 percent for this one-year loan as it is part of the government loan subsidy program,” PetroVietnam CEO Tong Quoc Truong said in a phone interview. “This is a very good rate compared with the lowest rate of 10 percent we have offered to others.”

Vietnamese lenders gave VND255 trillion ($14.3 billion) in loans to businesses between February 1 and April 23, after the government started a subsidy program to bolster the slowing economy.

Source: Bloomberg

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Construction industry has bottomed: insiders



Workers at a construction site in Ho Chi Minh City. Construction firms said they are optimistic about the industry’s prospects this year.
The construction industry had a very tough time last year but insiders say the decline in building activity may be over.

Nguyen Luong Thinh of the Ho Chi Minh City-based Binh Minh Construction Company said 2008 was the most challenging year in the last two decades for the industry.

The economic problems last year had a huge impact on the industry as well as the construction material and real estate sectors, he said.

“The sudden downturn came as a shock to all construction firms, which just one year ago had so much work to do and enjoyed an average annual growth rate of 30 percent.”

The rise in borrowing costs, salaries and construction material prices in the first half was a burden that many firms found too heavy, he said.

As prices rocketed, materials alone accounted for as much as 70 percent of the total construction cost. Many building contractors said they had to accept losses because investors refused to pay more after signing contracts.

Le Thanh Cong, deputy chairman of the HCMC Construction Association, said 40 percent of more than 2,000 construction firms in the city are small-sized and most of them had to stop working last year or do contract work for small projects.

But construction firms said they are optimistic about the industry’s prospects this year.

Huynh Phu Kiet, chairman of Toan Thinh Phat Architecture Investment Construction Company, said the economy is expected to recover next year, with the construction industry likely to see a recovery earlier.

The scenario for the industry would become bright again in the third quarter this year, Kiet said, noting that his company signed construction contracts worth VND300 billion (US$16.85 million) in the first quarter.

Construction firms also said the industry would benefit greatly from the government’s stimulus package, especially a VND8 trillion ($450 million) program to build low-income housing around the country.

Construction value expanded 6.9 percent in the first quarter, a “surprise on the upside,” according to a note last month from Vietnam Property Fund Ltd.

With construction activity gaining momentum, the construction material market also started to pick up.

Ha Tien 1 Cement Joint Stock Company, which has a 30 percent market share in HCMC and the southeastern provinces, said sales in April recovered to more than 7,000 tons a day after months of slowdown. The sales recovery has allowed the cement manufacturer to run its plants at full capacity again.

Pham Chi Cuong, chairman of the Vietnam Steel Association, said steel consumption last month returned to the normal level of more than 360,000 tons. Last year, the monthly consumption dropped to as low as 110,000 tons.

Despite good prospects for the construction industry this year, Le Viet Hai, chairman of the Hoa Binh Construction and Real Estate Corporation, warned that construction firms should not be too optimistic when making plans for the year.

The industry still depends on how well the economy fares and it would be affected if high inflation returns or if investors cannot find enough funds for their projects later this year, Hai said.

Cong said even if the industry recovers as expected, the opportunities would not be available for all businesses, with small contractors affected the most by the harsh competition.

Source: TBKTSG

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German economy 'to shrink by 6%'


German car production line
Germany's exports have been hit hard by the global slowdown

Germany's economy will shrink by 6% this year and continue to contract in 2010 according to a forecast from the country's leading economic think tanks.

The estimates, compiled by eight institutes for the German Economy Ministry, also predicts that the rate of unemployment will hit 10% next year.

The gloomy forecast chimes with that of the IMF, which shows the German economy contracting by 5.6% this year.

This is faster than any other major economy apart from Japan, says the IMF.

"The joint forecast of the institutes paints a very dark picture of German economic prospects in the foreseeable future," said Timo Klein at IHS Global Insight.

Severe contraction

The latest twice-yearly forecast shows just how rapidly the outlook for the German economy has deteriorated.

Through 2009 we anticipate a loss of more than 1 million jobs
Joint report from German economic think tanks

The think tank's previous forecast predicted economic growth of 0.2% for this year.

The deepening global downturn now means the group sees a severe economic contraction this year and a further shrinkage of 0.5% next year.

"For 2010 the institutes expect no drastic rebound," the report said.

The IMF is forecasting a contraction in the German economy of 1% in 2010.

Comments by some of Germany's largest companies confirmed the bleak outlook for the country's economy.

"It will probably take five years before demand is back to its pre-crisis level in 2007," said Karl-Thomas Neumann, boss of car parts firm Continental.

The chief of rival Robert Bosch, Franz Fehrenbach, said: "We expect to see a deep recession until well into 2009."

Job losses

The report for the Economy Ministry also forecasts a fall in exports of 22.6%, compared with its prediction of a rise of 0.1% made just six months ago.

Germany is world's largest exporter.

Unemployment, the report says, will hit 10.8% in 2010.

"Through 2009 we anticipate a loss of more than 1 million jobs... and in the [autumn] unemployment will be well over the 4 million mark," the think tanks said.

The IMF forecast sees the Japanese economy contracting by 6.2% this year before growing by 0.2% next year.

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HCMC to crack down on unclean food purveyors



Food stalls at a market in downtown Ho Chi Minh City.
Ho Chi Minh City has set up teams of health inspectors to check as many food producers, merchants and vendors as possible in the monthlong national food safety campaign that started Wednesday.

HCMC People’s Committee Vice Chairman Nguyen Thanh Tai warned that stiff penalties awaited any producer caught breaching the food hygiene regulations.

The health department’s inspections will cover the production and trading of bottled water, ice, soy sauce and milk as well as the kitchens at schools, hospitals, industrial parks and export processing zones in the city’s 300 wards.

Nguyen Thanh Phong, deputy head of the Health Ministry’s Bureau of Food Hygiene and Safety, said it was an urgent issue in HCMC as the city’s population was increasing rapidly.

“It’s not only the matter of food poisoning, but also the threat of epidemics,” Phong said.

HCMC has more than 46,800 food producers and vendors, or ten percent of the national total, according to Phong.

He said only half of the city’s residents were aware of the issue.

Phong said the city should set up a food safety agency, conduct more inspections, and offer to train people in food safety awareness.

The health department said it would inspect and issue food safety certificates to food producers and traders, with a target of 75 percent of food traders and 100 percent of the food caterers and kitchens at schools and industrial parks.

They would also encourage awareness of food safety from enterprises in the field.

Le Truong Giang, the health department’s deputy director, ordered that the kitchens of schools, restaurants and industrial parks be inspected and warned that these establishments were responsible for the ingredients they used and the food they served.

Food poisoning

Last year, there were 22 reported cases of mass food poisoning in HCMC. The 1,618 adults and children who became violently ill were mostly from schools and industrial zones, the health department said.

Health inspectors found violations by more than half of the 16 licensed alcoholic beverage producers and merchants they checked in 2008.

A pilot project to present certificates to street vendors, carried out in Hoc Mon and District 6, has so far certified only 12 percent of them.

Recent inspections also found dozens of bottled water producers violating the safety regulations, with some products found to be contaminated by dangerous bacteria.

Many small food traders in District 5’s Kim Bien Market have no safety certificate, while some of them display food and industrial chemicals side-byside.

Most of them have not been trained properly and given the appropriate knowledge, so they only deal with problems as they arise rather than take preventive action, Giang said.

He said the department had detected and confiscated a large number of cakes infected with bacteria that were ready for sale last Christmas that could have caused mass poisoning.

However, Giang said the management of food safety had improved recently thanks to the establishment of several wholesale markets.

Around 90 percent of aquatic products, 75 percent of vegetables and 80 percent of meat consumed in the city now come from three major wholesale markets – Tam Binh in Thu Duc District, Tan Xuan in Hoc Mon District and Binh Dien in District 8.

“We have managed about 80 percent of the food in the marketplace,” Giang said.

However, he said the department was yet to issue any safety certificate to food chains which have emerged recently to build systems of breeding/cultivating, harvesting/slaughtering and selling.

Taking the message nationwide

Hanoi’s Steering Committee for Food Hygiene and Safety said they would set up six teams to inspect food hygiene regulations in production, trading and advertising.

Each team will inspect five districts and violators could be named in the media, as well as fined.

In Quang Ngai Province, health inspectors will check farms, factories, markets and shops while the provincial government will run a publicity campaign to make people more aware of food safety.

Khanh Hoa Province authorities also boasted of better food safety management and encouraged all government offices, food producers and residents to participate in the campaign.

As part of the campaign, cars bearing banners are doing the rounds of Nha Trang to publicize the campaign and its message.

Between 2004 and 2008, there were 43 cases of mass food poisoning in Khanh Hoa. Four of the 515 victims died. Since then, four cases have put 50 people in the sickbed.

In Nam Dinh Province, the authorities have ordered thorough inspections, held several conferences on the issue, and publicized the campaign widely in the media.

The inspections are to be done at the provincial, district and communal level. Health Department inspectors will check kitchens at industrial parks and schools as well as the trading of milk and bottled water and the production of soft drinks.

In Quang Binh Province, the publicity for the campaign will be everywhere. Tran Cong Thuat, vice chairman of the Quang Binh People’s Committee, said this was important as the current fines did little to deter violators.

In Ninh Thuan Province, hundreds of young people and health officials attended a rally Wednesday to encourage greater awareness of food safety.

Inspections of more than 3,000 food producers and traders last year revealed violations by nearly a third of them. In Quang Binh alone, there were 223 recorded cases of mass food poisoning last year.

Source: Agencies

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'nổi' nhất năm 2008

Năm qua người tiêu dùng chứng kiến nhiều thay đổi lớn trên thị trường máy tính xách tay với một loạt sản phẩm xuất sắc ra đời, từ netbook cho tới dòng siêu mỏng nhẹ.

Thiết kế của HP Voodoo Envy 133 đủ quyến rũ để thu hút sự chú ý của người mua dù giống MacBook Air ở việc kiệm tính năng và giá cao: 2.350 USD cho một hệ thống dùng ổ cứng 80 GB tốc độ 4.200 vòng/phút, RAM 2 GB và chip Intel Core 2 Duo 1,6 GHz.
Samsung X460 14,1 inch mỏng, nhẹ (1,29 kg) và đa tính năng để người tiêu dùng hài lòng với mức giá 1.700 USD. Sản phẩm sử dụng chip Intel Core 2 Duo P8400 2,26 GHz, RAM 3 GB và đồ họa rời.
Dòng ThinkPad thường có giá cao nhờ sở hữu các đặc điểm "đẳng cấp" về bàn phím, khung máy và bộ phận bên trong. Tuy nhiên, Lenovo SL400 được coi là "lựa chọn hấp dẫn nhất" cho người muốn sở hữu một hệ thống mạnh mẽ nhưng chỉ có khoảng 650-840 USD với Intel Core 2 Duo P8600 2,4 GHz, RAM 2 GB, ổ cứng 250 GB, ổ DVD-RW 8x Max 2 lớp và pin 9 cell.
Sony Vaio VGN-Z598U có giá khởi điểm 1.500 USD nhưng người sử dụng phải trả tới 4.450 USD nếu định mua "kiệt tác" tốc độ cao với hai ổ SSD 128 GB, Intel Core 2 Duo P9500 2,53 GHz, RAM 4 GB và đồ họa nVidia GeForce 9300M GS.
Apple MacBook Air là một "hiện tượng" trong thiết kế laptop bởi nó không chỉ mỏng mà còn có mang vẻ đẹp thanh lịch. Nhưng hệ thống chỉ có 1 cổng USB, thiếu ổ quang và để kết nối qua mạng Ethernet, người ta cần mua thêm adapter 29 USD ngoài giá khởi điểm 1.700 USD.
Acer Aspire One nằm trong số những netbook được ưa chuộng nhất với giá hấp dẫn: 350 USD. Sản phẩm hoạt động trên Windows XP này có màn hình 8,9 inch với bàn phím mượt, ổ cứng 120 GB, RAM 1 GB và đầu đọc thẻ 5 trong 1.
Asus N10Jc là máy tính trung gian giữa một netbook và laptop siêu di động. Nó vẫn sử dụng chip Intel Atom 1,6 GHz, RAM 1 GB như các netbook thông thường nhưng có ổ cứng 160 GB và đồ họa rời nVidia GeForce 9300M GS dù giá bị nâng lên 650 USD.
Mini 1000 là netbook thứ hai của HP với tính năng giống bao phiên bản khác: chip Intel Atom, hệ điều hành XP, RAM 1 GB và ổ cứng 60 GB. Tuy nhiên, bàn phím của Mini 1000 được xếp vào hàng xuất sắc. Giá khởi điểm: 400 USD.
Lenovo ThinkPad W700, hệ thống xứng đáng thay thế desktop, có màn hình 17 inch, tích hợp chip Core 2 Duo T9600 2,8 GHz, RAM 4 GB, Windows Vista Ultimate 64 bit và giá 4.000 USD hoặc thêm 1.000 USD nữa nếu sử dụng Core 2 Quad Extreme QX9300.
Apple MacBook Pro A1286 có kiểu dáng bóng bảy, màn hình rộng 15,4 inch đèn nền LED, hai chip đồ họa Nvidia 9400M và 9600M GT, bộ vi xử lý Intel Core 2 Duo 2,8 GHz và được bán ra thị trường từ 16/10 với giá khởi điểm 1.999 USD.
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Vietnam gender ratio could result in social disorder: experts





Experts are warning of increasing sex-related crimes and general social disorder if the highly unnatural level of gender imbalance in the country is not addressed.

They were speaking at conference in Hanoi Monday on “building a project to intervene in elements that affect gender at birth,” organized by the General Department of Population and Family Planning.

The male to female ratio in Vietnam has climbed from 105:107 to 112:100 in the 1999-2007 period, said Pham Nang An, deputy head of the population and family planning bureau under the department.

He said the ratio was alarming as it was far beyond the natural gender ratio of 103-106:100.

The 112:100 ratio was similar to China’s in 1987, An added. It had been estimated that in 2004 in eight to ten years, there could be “40 to 60 million missing women” in China.

An warned that rising gender imbalance in Vietnam could lead to social disorder and an increase in sexual crimes.

Pham Ba Nhat, head of the bureau, attributed the ratio to the traditional preference for male children in Vietnamese society.

Nhat said gender diagnosis during pregnancy and abortion of female fetuses was the main cause of the imbalance.

He added that elsewhere in the nation, that when baby girls were born, some parents informed authorities that the babies were adopted; thus they had the right to give birth to more babies. Vietnamese law regulates that a couple can only have two children at the most.

Prof. Nguyen Duc Vy of the Central Maternal Hospital said there was a need to distinguish between legal abortion and abortion based on gender. The latter must be banned, he added.

Vy said there should be a ban to abort fetuses of more than 12 weeks old, except for birth deformities, as at this time the fetus’s gender could be known.

Nguyen Dinh Cu, head of the Institute of Population and Social Issues, said surveys showed that more than 66 percent of pregnant women knew their fetus’s gender before giving birth, and up to 98 percent of the cases were thanks to ultrasonography check-ups.

Cu said the percentage showed that the implementation of the population ordinance, which bans parents from choosing their baby’s gender by any means, was lax.

He added there had been no penalties prescribed so far on violators including parents, doctors, and medical staff relating to checking fetuses’ gender so far.

Dr. Nguyen Thi Thuong from the institute said authorities should offer better welfare policies for the elderly and farmers as they still bore in mind that sons were the only people they could rely on to take care of them during old age. Daughters are considered outsiders as they have to live with their husbands’ families after their marriage.

Another conference in Ho Chi Minh City last month disclosed that around three million Vietnamese men will have difficulty finding wives by 2030 due to the rising gender imbalance.

Reported by Nam Son

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Relative calm during the storm



The Vietnamese people remain positive during this time of economic difficulties, according to a recent survey by The Nielsen Company
While much of the world is in turmoil over the current economic and financial environment, there’s a relative calm over Vietnam.

Although it might be naïve to assume Vietnam is immune to the woes of the global economy and financial sector, some experts are presenting a rather buoyant and optimistic outlook for Vietnam and Asia in 2009 and beyond.

Growth in Southeast Asian economies has slowed dramatically as the global economy withers, but the region is by no means experiencing what the US, Europe and Japan are. The Asian Development Bank forecasts Vietnam’s GDP growth at 5 percent; the World Bank forecast is higher, at 6.5 percent – significantly lower than previous growth of around 8 percent.

Ayumi Konishi, Vietnam Country Director of Asian Development Bank (ADB) believes the situation in Asia right now is relatively good. Speaking at a luncheon hosted by Eurocham on Thursday, Konishi said that the impact of the global financial crisis is likely to be deeper and longer than expected. But he expressed some positive prospects for Vietnam and Asia in general.

The ADB expects good growth in the short-to-medium term for Asia, with the region and the economies fundamentally sound. Konishi said he doubts that there will be a repeat of the Asian financial crisis of 1997.

The global financial crisis, which started in the G3 countries in the financial sector and moved to the real economy, has now impacted businesses and bottom-lines somewhat indiscriminately, and affected both blue collar workers and executives. Konishi said that with any impact in Asia, we’re likely to see the reverse trend, with the real economy being hit first – businesses and banks’ balance sheets are likely to be hurt – followed by a weakening of the corporate and then the financial sector.

These comments come off the back of three economic agreements signed

by Southeast Asian nations on Tuesday, aimed to encourage investment and reduce tariffs. The trade agreements by the Association of Southeast Asian Nations (ASEAN) were ratified after the enactment of a new charter in Jakarta on Monday, setting free trade and political liberalization standards for the 10 members.

The Vietnamese government this week announced it would expand a proposed US$1 billion economic stimulus package to $6 billion, in part through increasing tax breaks for importers, manufacturers and consumers. The details of that package are yet to be announced.

Konishi, who recently attended the Consultative Group Meeting in Hanoi, indicated the direct impact of the global financial crisis on Vietnam would be small. He said Vietnam’s financial sector would feel little impact since the big financial institutions that are in trouble have little investment here.

According to Vietnam’s General Statistics office and ADB’s calculations, Vietnam’s exports and imports have declined from July 2008 onwards. The country’s stock market has performed poorly and was one of the worst in Asia this year, with the benchmark index tumbling by about 67 percent. The Ho Chi Minh Stock Exchange has seen dramatic fluctuations this year, and it’s now back to its 2006 level of about 300.

“As long as it stays at 300 level... I don’t think we should be too worried,” Konishi said.

There will be indirect impacts on Vietnam as well. The ADB predicts Vietnam will see slower exports, further decreases in tourist arrivals, weaker foreign direct investment (FDI) and declining remittances and labor exports.

International Market Assessment (IMA) Asia’s latest Asia Pacific Executive Brief for December 2008 states that industrial production has slowed down to 5.6 percent year-onyear in November compared to a peak of 35.7 percent year-on-year in March.

As the global economy slows down, many companies which have production based in Asia, will start to close down some manufacturing plants, but also open up others, said Konishi.

“The question is will Vietnam be attractive enough? It will depend on how Vietnam can improve the business climate,” he said.

And on Friday, grim news from the President of the World Bank, warning of a worldwide struggle in the first half of 2009.

“I am afraid that the first six months of 2009 are going to be problematic worldwide, including Asia and Southeast Asia,” Robert Zoellick told journalists during a visit to Singapore.

“Governments’ monetary and fiscal policy, as well as open trade systems, will determine whether the situation can improve later next year,” he said.

But the Vietnamese people remain positive during these uncertain times. A recent survey by The Nielsen Company shows consumer confidence in Vietnam is still relatively high, ranked 9th worldwide, although it has been declining over the past year. The Global Consumer Confidence Survey carried out in the midst of the crisis in October, found 45 percent of Vietnamese expect the recession to end within 12 months.

Reported by Asha Phillips

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Da Nang disabled get help from US NGO


A three-year project worth US$480,000 will be carried out in the central city of Da Nang to help improve the living standards of people with disabilities, particularly children.

The East Meets West Foundation (EMW) and Da Nang’s Department of Labor, War Invalids and Social Affairs have signed an agreement for the implementation of the Support Network for People with Disabilities Project in Da Nang.

The project, co-funded by the United States Agency for International Development (USAID) and Irish Aid (IA), will be carried out by EMW and local partners.

From December 2008 to November 2011, the project seeks to improve the quality of life for people with disabilities in Da Nang, with a focus on children with disabilities in all seven districts, EMW said.

Key activities will include medical and social screenings for the disabled in the city; physiotherapy and rehabilitation services for nonsurgical cases; and the establishment and technical support of community-based treatment units.

Reported by Truong Son

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The growing NGO lobby



Children perform a play about HIV/AIDS at a meeting sponsored by NGO PACT Vietnam
Professional lobbyists are gaining ground in Vietnam as shifting laws give stakeholders a larger say in policy making.

NGOs in Vietnam are advocating for government policy change as authorities become more open to the role professional lobbyists can play in formulating laws.

Since the 1990s, international Non-Government Organizations’ main work has been helping with Vietnam’s socio-economic development plans. They traditionally provide financial assistance and capacity building in areas such as health, poverty reduction and education by working with local non-profit organizations such as the Vietnam Women’s Union, with lobbying just playing a minor role in their work.

The government, through the Vietnam Union of Friendship Organizations and the Committee for Foreign Non-Governmental Organization Affairs, has called on them to help in particular areas such as HIV/AIDS and vocational training.

But international integration and the country’s accession to the WTO have paved the way for more lobbying.

“There has been a big change in the process of government policy making in Vietnam,” said Vu Thi Nga, a consultant for the Consultancy on Development (CODE), an NGO that has been helping to bring together government representatives and NGOs at lobby workshops in Hanoi over the last two years.

Nga said there used to be a “top down” system that created a lot of “overlapping” in the Vietnamese legal framework.

But she said that a new law on the promulgation of legal documents passed in June had made the situation better.

The CODE consultant said the new law mandated that law and policy makers must carry out impact assessments of new laws while also proposing solutions to possible risks and consulting public opinion on the new measures.

She said agencies now have to publish draft laws on their website for 60 days.

The grassroots

Nga said CODE was established in March 2007 to carry out development research, advocate for policy, build partners’ advocacy capacity and improve public awareness of the need for lobbying.

She said the non-profit organization was working to help people recognize the need to use professionals to advocate for policy change.

“I think that heightening people’s awareness of lobbying is the thing that must be done immediately in order to build professional lobbying in Vietnam,” she said.

Nguyen Anh Thuan, who consults for PACT Vietnam managing and developing grants from the US government, said that lobbying was more successful than it used to be because members of the government travel a lot more than they used to and they have seen programs working in other countries such as Thailand and Australia.

The consultant with 15 years experience in the HIV/AIDS field, said he had worked with the ministries of Health and Labor, War Invalids and Social Affairs to develop policies to help fight the epidemic.

During the building of the Can Tho bridge which started in 2004, he was the first person to alert the Ministry of Health to the HIV/AIDS risk posed when migrant workers are employed on large scale infrastructure construction jobs, he said.

What resulted was a 2006 policy that all big projects with a migrant workforce nationwide must have an HIV prevention program.

He said to advocate policy change, “What we need to have is evidence – for example a risk assessment... need to have an alliance – groups of different NGOs, provincial HIV/AIDS centers – need to have representatives of people affected with HIV and government partners and agencies.”

“You need to have people work with you, do workshops and educate the local media,” he said.

Regarding the HIV issue, the PACT consultant said, “The government has become really open, accepting of the issues” because the manner of advocacy was diplomatic, constructive and well prepared.

He said as a result of his NGO’s lobbying, the Japanese government and the Ministry of Transport allocated US$170,000 for an HIV prevention program in Can Tho for workers and residents and that such programs have spread all over the Greater Mekong Region.

He said that in the context of HIV prevention, he didn’t think the government was shackled by a concern that it was a moral issue, instead he said they just want to see evidence that HIV prevention programs are not going to pose a risk.

He said this is the role of professional advocates for policy change.

According to Nga, there are three main reasons why lobbying operates less effectively in Vietnam than other countries: a lack of professional lobbying organizations to convey information “accurately and effectively” to the government; “distortion of lobbying” in Vietnam by corruption, bribery and wheeling and dealing; and a “too cumbersome” administration system.

“It is difficult for lobbyists to identify who they need to lobby. To improve lobbying activities in Vietnam, the government needs to simplify the administration system and create personal responsibility in machinery of government.”

CODE is currently lobbying for a more sustainable government approach to bauxite mining across the country. The non-profit group organized a workshop with stakeholders in October to find solutions to minimize negative impacts of exploiting bauxite, alumina processing and aluminum refining.

The workshop, organized by CODE, the people's committee of Dak Nong Province and the Vietnam National Coal - Mineral Industries Group in Gia Nghia Town, Dak Nong Province, discussed in depth the positive and negative impacts of bauxite mining on all aspects of society.

“After collecting the views and research of all stakeholders, we sent the documents to the Prime Minister and other relevant ministries to discuss in the National Assembly meetings. We hope it could make some important changes,” Nga said.

Reported by Michael S. Smith

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Vietnam coffee output fell on rains, frost: US





Coffee production in Vietnam, the world's second-biggest grower after Brazil, declined 14 percent in the year ended September 30 because of heavy rainfall and frost, according to the US Foreign Agricultural Service.

Vietnam produced 18.3 million bags of coffee in the marketing year, down from 21.3 million bags in the previous year, agricultural specialists Nguyen Thi Huong and Tran Quoc Quan said in a report posted Thursday on the US Department of Agriculture website.

Output for the current marketing year will be 21.5 million bags, unchanged from the agency's previous estimate, the specialists said. They cited an increase in the growing area, improved weather conditions and better yields for the increase from a year ago. A bag weighs 60 kilograms.

In a separate report, Brazil's coffee crop for the year starting July 1 was projected at 51.1 million bags, unchanged from a June forecast. A crop of that size would be 36 percent bigger than the previous year.

Colombia, the third-biggest coffee grower, is expected to produce 12.3 million bags in the marketing year that began October 1, or 1.1 percent less than a year ago, according to a third FAS report.

Harvest delayed

The coffee harvest in Vietnam may be hampered due to heavy rains, according to Cao Van Tu, director of the Dak Lak Province-based Ea Pok Coffee Co.

“We can’t harvest the ripe beans,” Tu said Monday by phone from the Central Highlands province, the country’s biggest coffee producer and exporter. “I’m afraid we will not be able to have enough stock for delivery in December.”

Delayed shipments may spur a rebound in the price of robusta beans, which has tumbled by a fifth over the past year.

Rainfall in Dak Lak also disrupted harvesting and drying last week, Tu said. His staff had only a few sunny days to dry the crop and some workers were trying to collect as many ripe beans as possible in the rain, he said.

“We’re sitting by the fire as it has been raining all the time,” said Tu. “Usually it doesn’t rain this much.”

The rains would compound the problems faced by coffee traders, who are already battling high borrowing costs and a shortage of credit to fund coffee purchases, Tu said.

Robusta for January delivery slipped US$16, or 0.9 percent, to $1,790 a ton on Liffe Thursday.

Source: Bloomberg

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