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Talks, visit to US bodes well for bilateral co-operation: PM Khai (23-06-2005) PM Khai and US Secretary of Commerce Carlos Gutierrez witness the signing of a contract for Vietnam Airlines’ purchase of four Boeing Dreamliner aircraft. — VNA/VNS Photo The Thuan WASHINGTON — Talks between Prime Minister Phan Van Khai and President George W Bush are a positive sign of increasing bilateral co-operation, the PM told a US business group on Tuesday. The talks also mean a future of equitable relations, respect for each other and co-operation for mutual interests, Khai said at a meeting that gathered representatives from US business sectors. Major business contracts have been signed, but Khai reiterated that the scale of co-operation remains small. As the US is an economic power, there is great potential for increased co-operation in economics, culture, science and technology. However, it is hoped that PM Khai’s visit will brighten those ties. Khai said at the … [Read more...] about Talks, visit to US bodes well for bilateral co-operation: PM Khai

APEC delegates to receive special welcome (27-09-2006) HA NOI — Delegates to the upcoming 2006 APEC Economic Leaders’ Conference will each get specially-designed mobile phones that aim to make delegates stay in Viet Nam hassle-free. The APEC mobile phones use a chip with high-tech identity functions similar to an identity card. The chip, which uses RFID technology, helps to manage the number of delegates at events. The phones can provide detailed conference schedules, reports on APEC issues as well as the names and identity codes of attending representatives, according to the mobile phone manufacturer, Vinamobi Joint Venture Company. The mobile phone set, which is small and slim, also give delegates access to historical documents on APEC and its members, as well as their national anthems and flags. Users will also find useful information in their phone set, such as a conference area map, meeting schedules, useful addresses and a directory. Tours designed … [Read more...] about APEC delegates to receive special welcome

Boycotts affording opportunities By Quoc Hung & Thuy Dung Some restaurants and cafes in Hanoi and HCMC have no longer used disposable plastic straws and cups – PHOTO: QUOC HUNG The boycott campaign against disposable plastic products, especially straws and cups, is urging plastic manufacturers to renew their production strategies, while giving them opportunities to switch to more environment-friendly product lines. At a recent meeting in Strasbourg (France), the European Parliament voted for a ban on single-use plastic cutlery, cotton swabs and straws, among others. This vote paves the way for a ban on disposable plastic items to be widely effective in all members of the European Union from 2021 onwards. Meanwhile, in South Korea, disposable plastic bags have been completely banned from certain grocery stores since April 1. Groceries larger than 165 square meters will be subject to fines worth up to three million won (about VND61 million) if they fail to comply … [Read more...] about Boycotts affording opportunities

Trịnh Anh Minh, CEO of Williams Việt Nam JSC, found to be defrauding 263 people for a total of VNĐ230 billion ($10.1 million). — Photo vietnamnet.vn Viet Nam News HÀ NỘI — The People’s Procuracy of Hà Nội recently issued its indictment of a US$9 million scam case involving Williams Việt Nam JSC, headed by Trịnh Anh Minh, born in 1984. Trịnh Anh Minh, director and CEO of the company, was prosecuted on grounds of “appropriating property through swindling valued at VNĐ500 million (some US$22,000) or more” as per Việt Nam Penal Code, Article 139, Paragraph 4. This criminal offense, considered “causing serious consequences,” attracts “imprisonment between 12 and 20 years, life imprisonment or capital punishment.” From May 2014 to October 2015, Trịnh Anh Minh signed investment contracts with 263 people, cheating them of VNĐ230 billion ($10.1 million). Some VNĐ26 billion ($1.1 million) was returned to the victims, while the remaining VNĐ204 billion ($8.98 million) … [Read more...] about HN People’s Procuracy issues indictment in $9-million scam case

Three fake property projects in HCMC under the scanner The Saigon Times The district-level government of Hoc Mon sets up a notice board warning residents of fake property projects. Three fake property projects in the district are under investigation – PHOTO: TNO HCMC – Investigators of the HCMC Police Department are looking into two real estate developers for allegedly offering three fake property projects for sale in the city’s Hoc Mon District and swindling customers. The two realty firms are Vu Gia Phat Real Estate Service and Construction Investment JSC with Vu Trung Quang serving as director and Viet A Chau Real Estate JSC whose general director is Mai Quoc Duong, reported Thanh Nien newspaper. The investigators are verifying complaints claiming that the two property developers signed contracts to transfer the land lots of the three following projects in the outlying district of Hoc Mon, namely “Gia Phat Garden” in Tan Hiep Commune, “New Star Residential … [Read more...] about Three fake property projects in HCMC under the scanner

The keys for an honest, enabling Government By Hieu Minh The first metro line in HCMC. The Government has the function to create a legal environment where businesses and the public “can do what the law does not prohibit” and the authorities “can do what the law permits.” - PHOTO: THANH HOA An honest, enabling government is much talked about by the media and politicians. It needs several factors to build such a government, of which openness and transparency play an important role. Police were quick to arrest the suspects in a big cash robbery which happened last Tet (Lunar New Year) at the toll plaza on the build-operate-transfer (BOT) Long Thanh-Dau Giay Expressway. The case will be handled at the court, but the big cash amount at the toll gate has raised the question of cash management, openness and transparency of the expressway investor, which are also important factors needed in State administration. The robbery would not have happened if the electronic toll … [Read more...] about The keys for an honest, enabling Government

To make sharing economy really fair By Nguyen Quang Binh Soon after the first cars of the ride hailing service Uber started running in Vietnam’s key cities in 2014, this new type of transport quickly reigned supreme - PHOTO: THANH HOA The author of this article believes the sharing economy is the future of global prosperity. Still, it is necessary to pinpoint its shortcomings and remedy them. Soon after the first cars of the ride hailing service Uber started running in Vietnam’s key cities in 2014, this new type of transport quickly reigned supreme. It rallied supporters and faced opponents as well. So far, this business model has developed healthily, attracting both cars and motorcycles offering the services of already well-known brands such as Grab, GoViet, Be and Emddi. It is difficult to know exactly how many members there are in these fleets of “app-based taxis and motorbike taxis.” However, it is absolutely sure that the new business holds a powerful appeal … [Read more...] about To make sharing economy really fair

Grab opposes light boxes for ride-hailing cars The Saigon Times Daily Grab cars are seen at a parking lot. Grab Vietnam has urged the Ministry of Transport to remove a regulation on the installation of roof light boxes for ride-hailing cars – PHOTO: HANOI TIMES HCMC – Grab Vietnam has urged the Ministry of Transport to abolish a regulation on the installation of roof light boxes for ride-hailing cars as stipulated in a draft Government decree on transport business and its conditions. In a letter sent to the ministry, Grab suggested the clarification, supplement or removal of four regulations in the latest version of the draft decree. The company deems these unreasonable, as they may interfere in business operations and go against the country's effort to embrace technological advances brought by the Fourth Industrial Revolution. In its first point, Grab cited a key definition in the draft as saying that if a firm either has direct control over vehicles and their … [Read more...] about Grab opposes light boxes for ride-hailing cars

VCCI proposes canceling installation of light boxes for e-charter cars The Saigon Times Daily A Grab car is seen in HCMC. VCCI has proposed the Ministry of Transport lift the regulation on the installation of roof light boxes for e-charter automobiles, including Grab cars - PHOTO: THANH HOA HCMC – The Vietnam Chamber of Commerce and Industry (VCCI) has written to the Ministry of Transport, proposing lifting the regulation on the installation of roof light boxes for e-charter automobiles with fewer than nine seats, as stipulated in a draft Government decree on the transport business and its conditions, Motthegioi news site reported. The regulation is not aimed at managing transport business operations or enabling customers to identify ride-hailing cars on the street as the details of these vehicles, drivers and their phone numbers are already provided to customers through the mobile app to identify their booked cars, according to VCCI. In addition, the regulation … [Read more...] about VCCI proposes canceling installation of light boxes for e-charter cars