Runaway executive added to wanted list
Runaway executive added to wanted listPolice announced on Thursday evening it had issued a wanted notice against former company executive Vu Dinh Duy, under whose leadership a State-owned firm lost millions of dollars. Vu Dinh Duy, former general director of the Petrochemical and Textile Fibre Joint Stock Company (PVTex). - File photoPolice said the decision was made after they determined that Duy was on the run from the investigation. He was last seen in Viet Nam nearly two years ago, when he flew out of the country on October 22, 2016 to seek “medical care”. At the time, the 43-year-old was the general director of the Petrochemical and Textile Fibre Joint Stock Company (PVTex), a subsidiary of the Viet Nam Oil and Gas Group.
Source:VietNamNet News
June 01, 2018 09:22 UTC
Historical forest in Tay Ninh to be merged with national park
Historical forest in Tay Ninh to be merged with national parkVietNamNet Bridge – The Ministry of Agriculture and Rural Development has agreed with the Tay Ninh Province’s policy to merge the Chang Riec historical and cultural forest with Lo Go-Xa Mat National Park for administrative purposes. The Chang Riec historical and cultural forest and Lo Go-Xa Mat National Park in Tay Ninh Province are set to be merged for administrative convenience. The ministry has called on the Tay Ninh Province People’s Committee to complete the merger plan and seek approval from the Government. The forest and the national park are located in Tan Bien District near the Cambodian border and measure 10,812ha and 19,210ha respectively. According to the People’s Committee, the merger is expected to help conserve and promote national historical and cultural monuments besides helping protect the biodiversity and natural resources of the two places and develop eco-tourism in Tay Ninh.
Source:VietNamNet News
June 01, 2018 08:37 UTC
Vietnam to run pilot automation of patent applications
Vietnam to run pilot automation of patent applicationsVietNamNet Bridge – The intellectual property (IP) registration process, which lasts 36-42 months, will be shortened to 36 months from June 1 next year. A Memorandum of Understanding (MOU) is recently signed by the Intellectual Property Office under the Ministry of Science and Technology and the Korea Intellectual Property Office.— Photo qdnd.vnThe change is regulated in a Memorandum of Understanding (MOU) recently signed by the Intellectual Property Office under the Ministry of Science and Technology and the Korea Intellectual Property Office. The MOU aims at strengthening intellectual property (IP) management. The MOU focuses on setting up IP rights in Vietnam, enhancing the quality of examination of patent applications and the system of automation of administration of industrial property registration applications. Under the agreement, Korean-origin applications submitted to the National Office of Intellectual Property of Vietnam will receive an accelerated appraisal process if they meet all requirements.
Source:VietNamNet News
June 01, 2018 08:26 UTC
Bac Kan Province struggles to control illegal mining
Bac Kan Province struggles to control illegal miningVietNamNet Bridge – Authorities are struggling to control illegal mineral mining and transportation in the northern province of Bac Kan. The Nang River running through An Thang Commune in Pac Nam District has been severely polluted due to gold mining. They also closed two illegal mining camps. In Na Rì District, gold mines located in the Kim Hy Natural Reserve were also mined by illegal miners. Nguyen Phuc Dan, deputy head of the mineral division under the province’s Environment and Natural Resources Department, said besides illegal mining, local authorities also failed to collect enough tax from legitimate mining activities.
Source:VietNamNet News
June 01, 2018 08:26 UTC
Work safety given priority status
Work safety given priority statusVietNamNet Bridge – Local authorities have been pushing to promote a work safe environment, aiming at protecting workers’ health and businesses’ property, said online newspaper baotintuc.vn. To reduce accidents this year, the municipal authorities have asked businesses and labourers to enhance work safety awareness. In the Central Highlands Province of Dak Nong, work safety has been enhanced in businesses of mineral exploitation and processing. “Ensuring work safety in the mineral exploitation and processing businesses has been a priority”, said Anh. The country saw close to 9,000 work accidents last year, killing 982 people and injuring more than 9,100 others, according to MOLISA.
Source:VietNamNet News
June 01, 2018 08:26 UTC
NA fear tax levy might legalise corrupted money
NA fear tax levy might legalise corrupted moneyVietNamNet Bridge – The National Assembly debate on the draft amendment to the anti-corruption law on Thursday was thrown into confusion as the deputies failed to agree on how to handle the suspicious unreported wealth of a public servant. In the first scenario, the officer who is found to have misreported his wealth will have to pay 45 per cent income tax on the total unreported earnings. The other solution includes no tax charge, but only an administrative fine for the incorrect declaration of assets. “If it is necessary to pay 45 per cent income tax on the unreported wealth, what would become of the remaining 55 per cent? Nghia suggested another new solution which was literally a combination of those existing two in the draft law.
Source:VietNamNet News
June 01, 2018 08:26 UTC
HCM City to host exhibitions on ICT, broadcasting, electronics
HCM City to host exhibitions on ICT, broadcasting, electronicsMore than 300 units from 20 countries and territories worldwide have registered to participate in the Vietnam ICT COMM, an exhibition of information and communication technology (ICT), the Broadcast Vietnam and the Electronics Vietnam slated for June 7-9 in Ho Chi Minh City. The events are expected to attract a large number of visitors, contributing to promoting international cooperation in telecommunications, broadcasting, ICT and electronics. They will also create forums for the participating businesses to share experience and transfer technologies in these fields. Nguyen Long, Vice President of the Vietnam Internet Association, said the exhibitions will feature a programme helping the participating firms access potential partners as well as domestic and foreign investors. Besides, there will be symposiums hosted by leading experts at home and abroad, concentrating on such issues as the fourth industrial revolution, Internet of Things, artificial intelligence and cloud computing, among others.
Source:VietNamNet News
June 01, 2018 06:56 UTC
Once-famous brands struggle for revival
Once-famous brands struggle for revivalVietNamNet Bridge - Many decades-old Vietnamese brands which were familiar to millions of Vietnamese consumers have been revived after a long period of hardship. Many decades-old Vietnamese brands which were familiar to millions of Vietnamese consumers have been revived after a long period of hardship. Da Lan toothpaste, another once-famous brand, has also undergone a thorny path to revive. ICC, the owner of Da Lan brand, once brought Da Lan toothpaste and other ICC products to rural markets in mobile sales campaigns. RELATED NEWSDomestic fashion brands seek foothold in $3.5 billion marketAnother cosmetics brand bought by foreign companyKim Chi
Source:VietNamNet News
June 01, 2018 06:45 UTC
Durian in space: Thailand to send smelly fruit into orbit
Durian in space: Thailand to send smelly fruit into orbitImagine being trapped in a spaceship with the world's smelliest fruit. Thailand's space research agency has just announced plans to send durian to space by July, as part of a project to produce Thai food suitable for future space travel. The baked durian will stay in space for five minutes before coming back to Earth, where scientists will see if it has undergone any textural changes. "Our main goal is to eventually bring Thai food up to space to be consumed by astronauts," a spokesman for the Geo-Informatics and Space Technology Development Agency (GISTDA) told the BBC. The baked durians will bear the Space Elephant label - which aptly show an elephant skyrocketing into space with a durian -- Photo: GISTDAThe durian isn't the first regional delicacy to be sent into space.
Source:VietNamNet News
June 01, 2018 05:15 UTC
VN commits to fighting illegal wildlife trade
VN commits to fighting illegal wildlife tradeVietNamNet Bridge – Vietnam is one of the many countries in the world committed to fighting illegal wildlife trade, a meeting in Hanoi was told on May 31. Two years ago, Vietnam pledged its support at the Ha Noi International Conference on Illegal Wildlife Trade (IWT). They have also increased training to improve capacity for law enforcement agencies such as police, customs and border guards to help enhance the efficiency of their inspection and patrol work at hot “spots” of wildlife trade. The report is a bridge between the Ha Noi Conference on Illegal Wildlife Trade in 2016 and the upcoming London Conference on Illegal Wildlife Trade in October 2018 hosted by the UK government. According to the Ha Noi Statement, illegal wildlife trade is increasing the risk of extinction for many endangered and protected terrestrial and aquatic species and over exploitation of others.
Source:VietNamNet News
June 01, 2018 04:52 UTC
Vietnam in Group E of AFC U19 Women’s Championship
Vietnam in Group E of AFC U19 Women’s ChampionshipVietNamNet Bridge – Vietnam are in Group E of the AFC U19 Women’s Championship 2019 qualifiers, according to the AFC’s draw held in Kuala Lumpur, Malaysia on Wednesday. The draw of the AFC U19 Women’s Championship 2019 qualifiers. This group is rather favourable for Vietnam, and they are expected to top the group. According to the AFC, the qualification will conclude after two rounds. Round 2 commences on April 22, 2019 through April 30, 2019 where the top four teams will then advance to the finals.
Source:VietNamNet News
June 01, 2018 04:52 UTC
Belarus Museum to host exhibition on Vietnamese handicraft
Belarus Museum to host exhibition on Vietnamese handicraftVietNamNet Bridge – Traditional Vietnamese handicraft products will be displayed at an exhibition at the Belarus National History Museum in Minsk from June 11-18 as part of Vietnamese Culture Days. Bamboo lacquer seiling pendant by Ha Thai Bamboo Lacquer Company. — Photo lacquerhomevn.comBelarusians will have the chance to see handmade Vietnamese products such as silk, brocade and fine art handicraft and lacquer paintings. Lacquerware by Ha Thai Bamboo Lacquer Company in Thuong Tin, Hanoi, including vases, jewellery boxes, trays, photo frames and planters, will also be showcased. The village in the southwest of Hanoi is one of the famous traditional handicraft villages in the country.
Source:VietNamNet News
June 01, 2018 04:41 UTC
Court sentences former Trust Bank senior advisor to 30 years in jail
Court sentences former Trust Bank senior advisor to 30 years in jailVietNamNet Bridge – Twenty-eight former officials of Dai Tin Bank (Trust Bank - now the Viet Nam Construction Bank) charged with "abusing trust to appropriate property" and "intentionally violating State regulations on economic management and causing serious consequences" were sentenced to three to 30 years in jail by the HCM City People’s Court on May 31 after a three-week trial. She was sentenced to 30 years in jail and must pay compensation of VND16.7 trillion (US$733 million) on both charges. Phan abused her holding of nearly 85 per cent of the bank’s charter capital to take over the management of all Trust Bank activities. She abused trust to appropriate and misuse more than VND12 trillion (nearly $530 million), the court said. She also asked Trust Bank to illegally invest in four other real estate projects, embezzling over VND1 trillion ($44 million), and raised the value of another 25 properties sold to Trust Bank, embezzling over VND1 trillion ($44 million), according to the court.
Source:VietNamNet News
June 01, 2018 04:41 UTC
Railway officers suspended following train accidents
Railway officers suspended following train accidentsVietNamNet Bridge – Vietnam Railways (VNR) has suspended the officers, chiefs and drivers responsible for two train accidents in Thanh Hoa and Quang Nam provinces recently. The scene of the accident after a train collided with a truck in Thanh Hoa province on May 24. — Photo dantri.com.vnAn officer and two employees in charge of ensuring safety at a level crossing in the central province of Thanh Hoa have been suspended, Dan Tri online newspaper reported. Following the accident, the head and officers of Nui Thanh railway station have been suspended for investigation. VNR also asked the other managers at Nui Thanh station to review their responsibility and report to VNR for consideration.
Source:VietNamNet News
June 01, 2018 04:41 UTC
BUSINESS IN BRIEF 1/6
Of the figure, export earnings hit 93.1 billion USD, up 15.8 percent while import value rose 8.2 percent to 89.7 billion USD. Apparel export reached 10.68 billion USD, up 13.3 percent while computers, electronics and spare parts brought home 10.9 billion USD, up 14.2 percent year-on-year. Another 13 billion USD was used to buy machinery, equipment, and tools while 5.18 billion USD was spent on mobile phones and accessories, up 1.3 percent. The country ran a trade deficit of 500 million USD, but a trade surplus of 3.4 billion USD for the January-May period. The US came second with 39 million USD (up 12.3 percent), followed by Japan at 36.55 million USD (up 15.9 percent) and the Republic of Korea 34.78 million USD (up 13.28 percent).
Source:VietNamNet News
June 01, 2018 04:41 UTC