The Hanoitimes - Nguyen Bac Son and Truong Minh Tuan are those mainly responsible for the MobiFone - AVG deal. Two more high-profile officials disciplined for involvement in MobiFone case Former investment minister disciplined for involving in MobiFone case Vietnam arrests two more MobiFone officials for alleged wrongdoings Vietnam’s police on February 23 arrested two former ministers of information and communications for their main involvement in a corporate acquisition which caused a loss of hundreds of million US dollars to the state. Nguyen Bac Son (L) and Truong Minh Tuan. Photo: Soha Nguyen Bac Son, 66, and Truong Minh Tuan, 59, allegedly “violated regulations on state capital control, causing serious damage” regulated in the Criminal Code. In October 2018, the highest legislative body National Assembly stripped Son of the title of minister for the 2011-2016 term while the party’s Central Committee in the same month imposed … [Read more...] about Two Vietnamese former ministers detained for involvement in buyout scandal
Vietnam’s economic prospects through foreign eyes
Konaka Tetsuo, Chief Representative of the Japan International Cooperation Agency (JICA) in Vietnam Konaka Tetsuo, Chief Representative of the Japan International Cooperation Agency (JICA) in Vietnam: Avoiding the middle-income trap. Vietnam has maintained its high economic growth averaging more than six percent annually over the past decade. To achieve sustainable growth and become a modern industrial nation, Vietnam needs to accelerate institutional reform, develop human resources, upgrade infrastructure, increase productivity and enhance national competitiveness. To make the most of its potential and escape the middle-income trap, Vietnam needs to pursue sustainable and comprehensive economic growth in a reasonable manner, which is synonymous with developing a new growth model instead of depending on capital investment, low labor costs and natural resources as in the past. JICA has cooperated with Vietnam in various fields. It has supported Vietnam’s efforts to establish an … [Read more...] about Vietnam’s economic prospects through foreign eyes
North Korea – US summit: Golden opportunity for Hanoi tourism
The Hanoitimes - Many experts said that this event will make Hanoi and Vietnam more widely known as a destination of peace. Kim Jong Un to visit Vietnam next week How does Trump-Kim summit affect Vietnam’s real estate market? Services ensuing Trump – Kim Summit boom in Hanoi The second summit between US President Donald Trump and North Korea’s leader Kim Jong Un later this month is considered as a “golden opportunity” for Hanoi's tourism and businesses have already taken actions to seize this opportunity. The second summit between US President Donald Trump and North Korea’s leader Kim Jong Un is expected to take place in Hanoi on February 27 and 28. Experience of Singapore The first historic meeting between US President Donald Trump and North Korea’s leader Kim Jong Un in Singapore in June helped the island nation's tourism industry make money. It is known that Singapore spent about US$15 million to organize the historic … [Read more...] about North Korea – US summit: Golden opportunity for Hanoi tourism
Chinese men caught trying to steal data from Vietnam ATMs
The men, 32 and 30, had two electronic circuits, three camera lenses, two USBs, a memory card and two bank cards when police caught them Tuesday in the northern province that borders China. A Chinese man performs the ATM trick in front of the police. Photo by VnExpress/Viet Dung Further inspection of their residence in Van Lang District found 11 bank cards, of which nine were fake ones containing personal data of bank customers. Other electronic components and devices used for forging fake bank cards and stealing personal data were also discovered. Another Chinese man is held at a police station in Lang Son Province. Photo by VnExpress/Viet Dung The two said they had illegally entered Vietnam in January to find and install electronic components to steal personal data from ATMs and to forge fake bank cards. One of them is reportedly wanted by Chinese police for using hi-tech methods to steal property, according to Lang Son police. … [Read more...] about Chinese men caught trying to steal data from Vietnam ATMs
Da Nang, Nha Trang are new Aussie favorites
The famous resort town of Nha Trang in the central province of Khanh Hoa came in sixth on the list of 10 most searched travel destinations by Australian tourists, according to Skycanner, the largest online travel booking site in Australia that helps people find cheap flights and hotels for holidays. Vietnam’s third largest city Da Nang ranked 9th on the list, which was topped by Kiev in Ukraine. A Skycanner survey found a year-on-year surge of 33 percent in the search frequencies of its readers and users for Nha Trang and 23 percent for Da Nang. The online booking site says volcano eruptions and earthquakes have deterred Australian tourists from returning to Bali, while recent terrorist attacks have pushed the U.K.’s London off its high perch. Da Nang rings in the new year 2018 with a fireworks party on Han River. Photo by VnExpress/Nguyen Dong The rest of the top 10 places are: Thessaloniki in Greece, Russia’s St Petersburg, Liston and Porto in Portugal, Nice in … [Read more...] about Da Nang, Nha Trang are new Aussie favorites