Multiple firearms seized as loan shark nabbed in southern Vietnam

The man had disguised his usury business as a credit firm

​Multiple firearms seized as loan shark nabbed in southern Vietnam
Sniper rifle telescopes ceased from the residences of usury mogul Pham Huu Trong Nhan in southern Vietnam. Photo: Can Tho Police
A number of firearms were found at the many residences of a usury mogul who was apprehended by police in the southern city of Can Tho on Friday.The man, identified as 35-year-old Pham Huu Trong Nhan, had been running an extensive network of illegal loan giving at unfairly high rates of interest, according to officers.

The Can Tho citizen was taken in custody on charges of illegal stockpiling and transportation of military firearms. Tiếp tục đọc

Hiệp định Tránh Đánh thuế hai lần ở Việt Nam: Thảm đỏ cho ai?

Date published Friday, June 23, 2017

AA – Hiệp định Tránh đánh thuế hai lần (DTT) nhằm loại bỏ thuế đánh trùng. DTT quyết định các nước có thể đánh thuế bao nhiêu đối với các công ty đa quốc gia và các hoạt động xuyên biên giới khác. DTT cũng nhằm mục đích ngăn cản việc một công ty hoặc cá nhân bị đánh thuế hai lần khi họ đặt trụ sở tại một quốc gia nhưng lại làm việc hoặc đăng ký kinh doanh ở một quốc gia khác. Tiếp tục đọc

Exploring Interdependencies in Global Resource Trade

resourcetrade.earth features powerful interactive visualisations that provide easy access to an extensive and authoritative database of international trade in natural resources, developed from United Nations data. The Chatham House Resource Trade database reorganizes UN Comtrade data into a natural resource hierarchy, covering trade in over 1,350 different types of natural resources and resource products, including agricultural, fishery and forestry products, fossil fuels, metals and other minerals, and pearls and gemstones. The site allows users to easily interrogate resource trade flows between more than 200 countries and territories since the year 2000, by monetary value and by weight, at varying degrees of granularity and aggregation.The political economy of natural resources is increasingly shaped by large, structural shifts in the changing natural environment, in the deepening interrelationship between resource systems and actors, and in the rebalancing of global income and power. We consider these dynamics in the stories section of the site, which provides detailed explorations of different facets of resource trade and the economic, political, and environmental implications of resource interdependencies. Featuring expert analysis and insights from Chatham House and others, this section will continue to expand with new content over time. We launch with an overarching look at the scale and significance of resource trade, and Professor Tim Benton considers the state of agricultural trade, food security, and the potential impacts of an outbreak of protectionism affecting the key food commodities.

 

For the first time, resourcetrade.earth opens up complex patterns of resource trade for examination by non-experts as well as policy-makers, civil society groups, business analysts, and everyone with an interest in resource trade dynamics and their environmental impacts.

Lương tối thiểu, chuỗi cung ứng toàn cầu và tăng trưởng toàn diện

Phỏng vấn TS Chang-Hee Lee, Giám đốc ILO Việt Nam

ILO Ngày 16 tháng 8 năm 2017

Ông có thể cho biết quan điểm của ILO về mức tăng lương tối thiểu 6,5% cho năm 2018?

Đây là quyết định chung của Chính phủ, người sử dụng lao động và công đoàn thông qua Hội đồng Tiền lương Quốc gia, và Tổ chức Lao động Quốc tế (ILO) hoàn toàn tôn trọng điều đó. Tôi chắc chắn rằng quá trình đi đến đồng thuận về mức tăng lương tối thiếu không hề đơn giản bởi mỗi bên đứng từ những lập trường và lợi ích riêng.

Có thể có nhiều luồng quan điểm về mức tăng 6,5%. Người lao động và công đoàn nói rằng nó không đủ để đảm bảo mức sống tối thiểu. Ngược lại, người sử dụng lao động, đặc biệt trong các ngành xuất khẩu, lại cho rằng sức cạnh tranh của họ bị ảnh hưởng nếu lương tối thiểu cứ tiếp tục tăng. Đây là những luận điểm mà bạn có thể nghe thấy ở hầu hết các quốc gia có hội nhập thương mại toàn cầu. Tiếp tục đọc

Businesses have to contend with a “forest” of sublicenses

Last update 16:00 | 16/08/2017
VietNamnet Bridge – Despite reform, thousands of sub-licenses still exist, affecting businesses’ performance.

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After July 2016, when the Investment and Enterprise Laws took effect, many unreasonable sublicenses were abolished, paving the way for 110,000 businesses to emerge.

However, at a recent government press conference, minister and chair of the Government Office Mai Tien Dung said 5,700 procedures of different kinds still exist.

Cao Minh Truc, a member of the board of directors of Empire Group, the investor of the Cocobay Da Nang project, said there are too many vague regulations.

After July 2016, when the Investment and Enterprise Laws took effect, many unreasonable sublicenses were abolished, paving the way for 110,000 businesses to emerge.

“The current regulation stipulates that a hotel must have tennis court to be recognized as a 5-star hotel. Our hotel is next to a golf course and the guests mostly play golf. Do we still need a tennis court?” she said.

The regulation also says a 5-star hotel must have a spa. However, legally, there is no ‘spa’ industry in Vietnam, but there is only ‘massage’, she said. Tiếp tục đọc

Transport minister addresses over-charging BOT toll station

Last update 14:39 | 16/08/2017
Minister of Transport Truong Quang Nghia said the investor of Cai Lay BOT toll station in the southern province of Tien Giang had agreed to reduce the fees following opposition.

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Many drivers are putting small notes into bottles when they pay toll fees at Cai Lay BOT toll station to protest at excessive fees

According to drivers, the fees of VND35,000-180,000 (USD1.50-8.18) to travel on a 12-km road with just two lanes was too high. Meanwhile, the fees of for vehicles of from seven seats and lower is just VND40,000 (USD1.80) on Trung Luong-HCM City Highway which is up to 50km and has four lanes. Tiếp tục đọc

NA committee discusses BOT controversy

vietnamnews

Update: August, 16/2017 – 10:01

The National Assembly (NA) Standing Committee held a working session on supervising implementation of BOT (Build-Operate-Transfer) traffic projects in the wake of heated protests over one of them in the southern province of Tiền Giang. — VNA/VNS Photo Minh Trí

HÀ NỘI — The National Assembly (NA) Standing Committee held a working session on supervising implementation of BOT (Build-Operate-Transfer) traffic projects in the wake of heated protests over one of them in the southern province of Tiền Giang.

The BOT model, which primarily cedes construction of public traffic infrastructure to the private sector, has been utilised by the Government to alleviate the burden on the State Budget, especially after official development assistance (ODA) began running thin. Tiếp tục đọc

Govt tells Đồng Nai to do feasibility study for acquiring land for Long Thành airport

vietnamnews

Update: August, 15/2017 – 06:00

A blueprint of Long Thành Airport proposed to be built in Đồng Nai Province.

 HCM CITY —  The Government has instructed Đồng Nai Province to co-ordinate with relevant agencies to do a feasibility study for acquiring lands for the construction of Long Thành airport and paying their owners compensation.

The Ministry of Planning and Investment (MPI) will assess the feasibility study and submit it to the Government before it is sent to the National Assembly for lawmakers’ approval.

Besides, it will work with the Ministries of Finance and Transport and other agencies to raise funding for the work, for which the NA has approved VNĐ5 trillion (about US$227 million). Tiếp tục đọc

Đà Nẵng lists 68 PPP projects for investment

vietnamnews

Update: August, 14/2017 – 17:30

Liên Chiểu Port in Đà Nẵng is one of a key project in infrastructure development. The city has called for investment in 68 projects in 2017-20. — VNS Photo Công Thành

ĐÀ NẴNG — The central city has listed 68 Public-Private-Partnership (PPP) projects, 22 of them in the hi-tech sector, calling for investment from domestic and foreign businesses in the 2017-20 period.

The projects are in the fields of education and training, healthcare, tourism and services, trade, infrastructure, hi-tech farms, entertainment and environment. Tiếp tục đọc

Imports with outdated technologies from China flood market

Last update 08:30 | 14/06/2017

VietNamNet Bridge – The import of machines, equipment and spare parts from China in the first four months of the year increased by 40 percent over the same period last year. Of this, machine imports increased by 31 percent, or $803 million, reaching $3.4 billion.

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In 2016, China was also the biggest supplier of machine, equipment and spare parts for Vietnam with export turnover of $9.25 billion.

Luong Minh Khoi from MPI warned that it would be a danger for Vietnam if it continues importing outdated waste technologies form China. Tiếp tục đọc

Samsung sets up logistics company as market heats up

Last update 16:00 | 10/08/2017
VietNamNet Bridge – Setting up a logistics joint venture with Minh Phuong, Samsung has shown that it wants to jump into a new business field in Vietnam. But the move may trigger a new war in the domestic logistics market.vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, Samsung, logistics services, SYK

For the majority of Vietnamese, Samsung means smartphone, TV and washing machine. However, the South Korean investor has been taking steps towards the logistics markets.

Before joining hands with Minh Phuong, Samsung teamed up with ALS, also a logistics company, to manage the goods terminal at Noi Bai Airport, one of the two largest airports in Vietnam.

Samsung’s involvement in the management at the goods terminal at Noi Bai helps Samsung ensure delivery time and smooth operation of the supply chain. Noi Bai is the biggest export portal for Samsung’s electronic exports manufactured at its two factories in Bac Ninh and Thai Nguyen.

Samsung’s involvement in the management at the goods terminal at Noi Bai helps Samsung ensure delivery time and smooth operation of the supply chain. Noi Bai is the biggest export portal for Samsung’s electronic exports manufactured at its two factories in Bac Ninh and Thai Nguyen.

However, the cooperation with Minh Phuong is another story. The owner of the company was once praised by Bloomberg as the ‘logistics Queen’ of Vietnam. To take part in the domestic logistics market, where road transport makes up 65 percent of the market share, joining hands with Minh Phuong was the most efficient choice. Tiếp tục đọc

Nơi vải lanh đi muôn phương

  • THÁI LỘC – NGỌC HIỂN
  • 17.07.2017, 16:13

TTCT – “Lanh gắn với dân tộc Mông như vợ với chồng. Lanh là sự kết tinh của tri thức, của bản sắc, là tinh hoa văn hóa dân tộc Mông trên núi cao… Còn công việc của chúng tôi là cố gắng đưa lanh của dân tộc mình tỏa khắp năm châu!”. 

Nơi vải lanh đi muôn phương
Nghệ nhân Vàng Thị Mai (đội mũ) cùng làm việc với các vị khách quốc tế và trẻ em Mông ở Lùng Tám -NGỌC HIỂN

Nghệ nhân dệt lanh Vàng Thị Mai (55 tuổi) tự tin giới thiệu về Hợp tác xã (HTX) lanh Lùng Tám do bà sáng lập và làm chủ nhiệm. Tiếp tục đọc

Vietnamese drinkers enrich brewers

Last update 12:00 | 09/08/2017
VietNamNet Bridge – Brewers and pubs are thriving thanks to Vietnamese wine and beer consumption.


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Hong Binh, 35, an office worker in district 3, HCMC, said he drinks beer with his friends at least once a week, sometimes at Bo Ke, a popular restaurant, and sometimes at a restaurant on Nguyen Van Cu street in district 5.

“This is our hobby. We can enjoy them time when drinking beer,” he said, adding that he and his friends help the owners of the beer clubs get rich.

According to Euromonitor, the increase of the middle-class income earners and young people has increased demand for wine and beer by 300 percent since 2002, while the market value was estimated at VND147.2 trillion in 2016. 

Sabeco, the brewer with the largest market share, has capitalization value of $3.15 billion, becoming the enterprise with the fifth largest capitalization value on the HCMC bourse, just after Vinamilk, the nation’s dairy producer, PV Gas, Vietcombank and VinGroup. Tiếp tục đọc

Is the trade deficit with South Korea a concern for Vietnam?

Last update 16:00 | 09/08/2017

VietNamNet Bridge – Economists have said that the increased trade deficit with South Korea is not expected to lead to changes in Vietnam’s economic structure.

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China remains Vietnam’s biggest supplier of goods, but South Korea has the highest growth rate of exports to Vietnam. In the first six months of the year, Vietnam imported $22.5 billion worth of products from South Korea, an increase of 51.2 percent over the same period last year.

Nguyen Thi Ngoc Linh, secretary general of VEXA (Vietnam Exporters’ Association), commented on Tuoi Tre that while the volume of goods Vietnam exports to SK has increased modestly, the imports have risen sharply. Tiếp tục đọc

Sneaky Chinese buyers swaying Vietnam’s pepper prices

Last update 16:36 | 09/08/2017

The price of pepper in Vietnam has gone up and down recently, allegedly due to unexpected Chinese purchases.

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Pepper harvest at Loc Phat cooperative in Loc Hiep commune, Loc Ninh district, Binh Phuoc province

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