National Assembly deputies continued discussions on the country’s amended anti-corruption laws yesterday during the NA’s fifth meeting in Hà Nội.— VNA/VNS Photo HÀ NỘI — National Assembly deputies continued discussions on the country’s amended anti-corruption laws yesterday during the NA’s fifth meeting in Hà Nội. While many deputies voiced support for the amended bill’s effort to address corruption in the private sector, others criticised the State anti-corruption force’s limited manpower and the bill’s legal complexity and feasibility. Deputy Mai Thị Phương Hoa said corruption in the private sector has risen in recent years. According to a report released by the Vietnam Chamber of Commerce and Industry and the Development and Policies Research Centre, corruption was among the top five factors with the most impact on the country’s business environment. “The private … [Read more...] about Lawmakers debate corruption in private sector
President Donald Trump and his national security aides on Thursday discussed U.S. options on Syria, where he has threatened missile strikes in response to a suspected poison gas attack, as a Russian envoy voiced fears of wider conflict between Washington and Moscow. Worries about a confrontation between Russia, Syria’s big ally, and the West have been running high since Trump said on Wednesday that missiles “will be coming” in response to the attack in the Syrian town of Douma on April 7, and lambasted Moscow for standing by Syrian President Bashar al-Assad. Trump tempered those remarks on Thursday and even as he consulted with allies such and Britain and France, who could join in any U.S.-led strikes on Syria, there were signs of efforts to prevent the crisis from spiraling out of control. “Never said when an attack on Syria would take place. Could be very soon or not so soon at all!” Trump wrote on Twitter, raising the prospect that an attack might not … [Read more...] about Trump weighs Syria options, Russia envoy says he ‘cannot exclude’ war
In a span of 20 minutes, 20 F-18 fighter jets took off and landed on the USS Theodore Roosevelt aircraft carrier, in a powerful display of military precision and efficiency. The nuclear-powered warship, leading a carrier strike group, was conducting what the U.S. military called routine training in thedisputed South China Sea on Tuesday, headed for a port call in the Philippines, a defense treaty ally. The United States is not alone in carrying out naval patrols in the strategic waterway, where Chinese, Japanese and some Southeast Asian navies operate, possibly increasing tensions and risking accidents at sea. "We have seen Chinese ships around us," Rear Admiral Steve Koehler, the strike group commander, told a small group of reporters on board the three-decade-old carrier. "They are one of the navies that operate in the South China Sea but I would tell you that we have seen nothing but professional work out of the ships we have encountered." Navies in the western Pacific, including … [Read more...] about After China’s massive drill, US patrols disputed South China Sea
Washington and Beijing are going toe-to-toe in a trade spat, and Vietnam is set to become embroiled in the conflict, for better or for worse. The row is likely to deal a blow to export-reliant Vietnam, as its overseas shipments form part of China’s value chain. “If the U.S imposes high tariffs on China’s broader cross-border supply chain, Vietnam, which exports goods that serve as inputs for China’s exports, will be badly hit,” said economist Le Dang Doanh. It’s unclear whether Washington will tax Chinese firms alone or their wider supply networks. About 2.2 percent of Vietnam’ shipments abroad are part of China’s value chain, Bloomberg quoted date from RHB Bank Bhd as saying. Sharing the same opinion, Steven Schwartz, senior director of sovereign ratings for Asia at Fitch Ratings, said South Korea, Taiwan, Vietnam and Malaysia, all of which export goods – such as machine parts and components for communications equipment … [Read more...] about What does Vietnam have to lose or gain from US-China trade war?
PARIS — International donors are set to give the green light to a US$10-billion investment plan for Lebanon at a conference in Paris on Friday, hoping to stave off an economic crisis. Lebanon’s economic growth has plummeted due to repeated political crises, compounded by the Syrian war which has sent a million refugees across the border — equivalent to a quarter of the Lebanese population before the conflict. Some 41 countries are sending representatives to the CEDRE conference along with officials from the World Bank, International Monetary Fund and other global bodies. "This support is a means of building a safety wall between Lebanon and troubles elsewhere in the region at a time of huge political uncertainty," said an aide to French Foreign Minister Jean-Yves Le Drian. The office of French President Emmanuel Macron, who will close the conference, said donors were set to approve an investment plan that would notably pour cash into Lebanon’s … [Read more...] about International donors to plough billions into Lebanon