SCB signs deal with three Hong Kong banks Saigon Joint Stock Commercial Bank (SCB) and three Hong Kong banks on Monday signed a co-operation agreement on syndicated credit financing. Under the agreement, SCB, Hang Seng Bank Limited, Chong Hing Bank Limited and The Bank of East Asia Limited committed to support financial investment and ensure a stable financing source for Union Square Company Limited, which operates in the field of real estate. The signing was made within the framework of an investment development co-operation event held by the Viet Nam Chamber of Commerce and Industry (VCCI) in co-ordination with Hong Kong Trade Development Council (HKTDC) in HCM City on Monday. Also at the event, the four banks signed a strategic agreement for comprehensive and long-term co-operation in exchanging experience on investment and financial management, increasing business relations, conducting research and investment, and especially providing credit to local and foreign … [Read more...] about BUSINESS NEWS IN BRIEF 26/8
Bringing new cat home to another cat
VietNamNet Bridge - The legal provision that breeding elephants could be subject to court proceedings has raised controversy. Hoang Thi Minh Huong, Deputy Judge of the Lam Dong People's Court The Judges Council of the Supreme People's Court, with Change and WildlifeAid, recently organized a workshop about its draft resolution that guides the implementation of several Penal Code provisions on wildlife related crimes. The draft resolution stipulates that from January 1, 2018, persons who illegally store wild animals or parts of their bodies, or products of wild, endangered, rare and precious animals (such as ivory) will be examined for penal liability as defined in Article 234 and Article 244 of the 2015 Penal Code. Hoang Thi Minh Huong, Deputy Judge of the Lam Dong provincial People's Court, said there are many forests in this locality, including the Cat Tien National Park. However, in the last four years, the provincial court has only tried two cases related to breeding in captivity … [Read more...] about Does a new law prohibit elephant breeding?
The Vietnamese village that is home to this art lost almost all its treasures in the form of paintings and woodblocks when the French torched many of its homes, and in an ironic twist of fate, now sells paper offerings to burn.Meanwhile, a handful of people trying to preserve and promote this art face new problems.To illustrate this, artist Nguyen Huu Qua spreads out two versions of a popular Vietnamese motif – “The Rat’s Wedding.”One is a painting made by him and the other is one bought from a shop selling souvenirs in Saigon.Even to a layperson, the differences between the two are obvious.The mass produced one is printed, not painted, on thin paper with pale and blurred brush strokes, and several details are left without colors.And those who know Chinese characters will see more inaccuracies in the painting from the gift shop.“A Dong Ho painting does not just have the picture. It also has Chinese letters to pass on a message. In the 'Rat’s … [Read more...] about What the rat race has done to the Rat’s Wedding
Oil spill response training held in Quang Ninh Some 200 people from oil exploiting and transporting companies and organisations in the northern province of Quang Ninh were provided with necessary knowledge and skills to respond to oil spills during a training course held in the locality on March 28. The course was jointly organised by the provincial Department of Natural Resources and Environment and the Vietnam Maritime Construction Investment Consultancy Joint Stock Company. Participants were equipped with measures to control oil spills, laws and regulations related to the issue as well as technical measures to clean up oil-contaminated areas and ways to manage environmental pollution after the oil spill. They also practised collecting oil from the spill in conditions of strong flows and big waves. There has been no serious oil spill case in Quang Ninh province since the beginning of 2017. Enhancing skills to prevent and tackle oil spills is necessary for the province as it is a … [Read more...] about Social News In Brief 28/3