Does money make people happy

Hanoi (VNA) – The Hanoi People’s Court on March 19 opened a trial for Dinh La Thang, former Chairman of the Member Council of the Vietnam National Oil and Gas Group (PetroVietnam), and six accomplices for their wrongdoings in investing PetroVietnam’s capital in Ocean Bank.

The six other defendants are former officials of PetroVietnam , comprising former Deputy General Director Nguyen Xuan Son; former chief accountant and former head of the department of finance, accounting and auditing Ninh Van Quynh; along with four former members of the Member Council , namely Vu Khanh Truong, Nguyen Xuan Thang, Nguyen Thanh Liem, and Phan Dinh Duc.

All the seven were charged with “deliberately violating State regulations on economic management causing serious consequences.” Ninh Van Quynh alone faced the additional charge of “abusing power to misappropriate State assets.” Their acts caused losses of 800 billion VND (35.2 million USD) to PetroVietnam and its shareholders.

The judge panel of the court comprises five members. A total of 23 lawyers have registered to defend legitimate rights and interests of the defendants and others involving in the case, including five lawyers of Dinh La Thang .

The Hanoi People’s Court has summoned many individuals and organisations concerned, including representatives of the Ocean Commercial Joint Stock Bank (Ocean Bank) and PetroVietnam.

Ha Van Tham, former Chairman of the Board of Directors of Ocean Bank, is subpoenaed as a witness. Meanwhile, Nguyen Ngoc Su, former Deputy General Director of PetroVietnam, and Phung Dinh Thuc, former General Director of PetroVietnam, are present at the court as people having interests and obligations related to the case.

[Infographics: Trial on wrongdoings in PetroVietnam’s investment in OceanBank]

According to the indictment, after PetroVietnam failed to establish the Hong Viet Commercial Joint Stock Bank, Dinh La Thang, who was Chairman of the Member Council of PetroVietnam, instructed Nguyen Xuan Son and Nguyen Ngoc Su to have working sessions with a number of credit organisations on investment contribution, including Ocean Bank.

In September 2008, Nguyen Xuan Son and Ha Van Tham agreed to turn PetroVietnam into OceanBank’s strategic shareholder.

Accordingly, from October 1, 2008 to May 16, 2011, PetroVietnam contributed a total of 800 billion VND to OceanBank for three times to maintain its 20 percent of capital in the bank.

The Law on Credit Institutions, which came into force on January 1, 2011, stipulates that an institutional shareholder may not own more than 15 percent of the charter capital of a credit institution.

Meanwhile, Dinh La Thang took no actions to withdraw PetroVietnam’s money in Ocean Bank to ensure the rate, but continued to sign a decision appointing another person as a representative of the 20 percent stake.

His violations enabled Nguyen Xuan Thang, Nguyen Thanh Liem, Vu Khanh Truong, Nguyen Xuan Son and Ninh Van Quynh to continue with illegal capital contributions of 100 billion VND (4.4 million USD) to Ocean Bank.

As a result, PetroVietnam lost 800 billion VND after Ocean Bank fell into the red and was acquired by the State Bank of Vietnam (SBV) at zero VND.-VNA

VNA

The Hanoitimes – The repatriation has started from April 10 and all returnees need to undergo mandatory quarantine upon arrival.

Vietnam has brought home more than 13,300 citizens who were in need in different parts of the world amid the global health crisis.

Vietnamese people on way home. Photo: Vietnam Airlines

“As many as 13,323 returnees who were stranded in many countries and territories have been back to homeland on 55 repatriation flights since April 10,” Spokesperson Le Thi Thu Hang of the Ministry of Foreign Affairs (MOFA) said at a press conference on July 16.

Hang said that since the spread of Covid-19 from the beginning of the year, many countries have imposed movement restrictions and suspended commercial flights, leaving a number of Vietnamese people stranded across the world.

For that reason, Vietnamese authorities have cooperated with foreign countries’ agencies and airlines to make repatriation flights possible. The repatriation has closely followed requirements on temperature screening and mandatory quarantine, Hang said in a statement.

She added that Vietnam would continue operating repatriation flights basing on demand and domestic quarantine capacity.

Spokesperson Le Thi Thu Hang of the Ministry of Foreign Affairs. Photo: MOFA

Regarding cheats that may happen online to Vietnamese people who need to return home, the spokesperson said the Ministry of Foreign Affairs’ Consular Department and overseas Vietnamese missions have publicized news and ticket buying procedures to provide official information on the repatriation.

With the registration for flights home, authorized agencies have a list of people in deed and the authorities themselves email each person involved.

“We advise Vietnamese people to closely follow instructions by the Vietnamese missions abroad and proceed with the ticket buying only when receiving email from those agencies,” Hang warned.

Earlier this month, Vietnam’s Prime Minister Nguyen Xuan Phuc asked government agencies to bring home another 14,000 Vietnamese citizens in the course of rising global infections of coronavirus.

The returnees will be those in the priority list: Children under 18, the elderly, the sick, laborers with expired contracts or no accommodation, students without dormitories, stranded tourists, and others of special cases.

In addition, the repatriation needs to meet requirements on safety and quarantine capacity.

All expenses for the 14-day quarantine in Vietnam are free of charge.

Automation technology can reduce most common causes of injury in manufacturing environments

Automation technology can help increase productivity and reduce up to 72 per cent of the common causes of injury in manufacturing environments.

According to the Ministry of Labour, Invalids and Social Affairs, Vietnam recorded 3,349 occupational accidents from January to June 2020 with total deaths numbering 378.

The accidents were most prevalent in the manufacturing sector (27.41 per cent), construction (23.24 per cent), and services (12.35 per cent) while the remaining 37 per cent was spread across other sectors.

Most local manufacturers are currently facing a growing skilled talent shortage which strains their overall productivity and growth. At the same time, employers are also facing immense costs associated with workplace-related injuries.

“Cobots can perform tasks that may be dangerous or injury-prone for humans. With built-in safety features that slow the robot arm when a human enters its workspace, cobots can keep human colleagues safe from occupational injuries as they address repetitive and dangerous tasks in the manufacturing sector,” said James McKew, regional director of Asia-Pacific at Universal Robots.

For more complex applications, Universal Robots has a comprehensive network of Certified System Integrators and Authorised Training Centres ready to support users with day-to-day operations after the initial installation.

Universal Robots’ adjustable safety system allows companies to adjust a range of parameters to reduce the risks involved with implementing an industrial robot application.

These include limiting the force, speed, power, or momentum of the robot, or restricting its workspace using safety boundaries. Productivity gains, along with the inherently safe design of cobot solutions, signify this new automation technology could reduce up to 72 per cent of the common causes of injury in manufacturing environments.

“As we move closer to the vision of Industry 5.0 where man and machine work together on the smart factory floor, the need to consider the safety and compliance requirements of this new kind of workplace has become paramount. In a collaborative workforce, human and robots complement each other in their roles which offers significant opportunities to enhance manufacturing productivity, innovation, safety, and overall job satisfaction in the workplace,” said McKew.

McKew pointed out that companies can achieve a faster Return on Investment (ROI) by using cobots to free up workers’ time, allowing them to tackle higher productivity processes and ultimately acquire new skills.

Unlike traditional robots that require engineer-level programming, cobots are designed to make programming simple through human-machine interfaces (HMI) familiar to anyone who has used a smartphone.

For more complex applications, Universal Robots has a comprehensive network of Certified System Integrators and Authorised Training Centres ready to support users with day-to-day operations after the initial installation.

By eliminating the need for formal education in programming or robotics, such interfaces and capabilities make the skills gap and learning curve for using cobots diminishingly small.

Universal Robots encourages local manufacturers to adopt the perfect man and machine collaboration. With cobots, manufacturers in Vietnam need not fear the impacts caused by the growing skilled talent shortage.

The collaboration greatly reduces the time, effort, and cost associated with using the same cobot for various tasks as a cobot’s flexibility translates to a significantly faster return on investment.

Universal Robots (UR) was founded in 2005 to make robot technology accessible to all by developing small, user-friendly, reasonably priced, flexible cobots that are safe to work side-by-side with people.

Since the first cobot was launched in 2008, the company has experienced considerable growth with the user-friendly cobots now sold worldwide. The company has regional offices around the world, such as in the US, Germany, France, Spain, Italy, Poland, Hungary, Romania, Russia, China, India, Singapore, Japan, and South Korea, among others. In 2020, Universal Robots had a revenue of $219 million.

E-records are helping to streamline processes for medical professionals

Dr. Nguyen Van Khoi, board chairman at Quang Khoi General Hospital, said that one of the hospital’s new business strategies to materialise its mission is to launch a mobile check-up service, which is the result of its 10-year development efforts.

“COVID-19 has had significant impacts on the economy and human life, thus affecting people’s access to healthcare services. With the new service, we hope to bring health services closer and make it more convenient to people,“ Khoi noted.

The hospital has focused investment in development of the mobile check-up service in recent years in an effort to meet growing demands for regular check-ups for workers and white-collar workers at offices and factories. This service helps ensure the quality of regular check-ups for employees of businesses, while saving travelling and waiting times for them.

Looking like a mobile clinic, the mobile check-up service vehicles of Quang Khoi General Hospital are fully equipped with advanced medical equipment and machines such as 4D ultrasound machine; digital x-ray machine; ear, nose, and throat endoscopes; electrocardiogram machines; and more, thus ensuring the best possible on-site healthcare service quality. These devices are connected directly with the management software on electronic health records to facilitate the research and management of health conditions of each individual.

Moreover, drawing rooms are equipped with air conditioners and ventilation to ensure fresh environment and best conditions for medical examiners. Especially, the results of health check-ups are available on mobile phones and electronic health records. In addition, the multidisciplinary team of the mobile check-up service vehicles have medical proficiency and are highly trained at home and internationally.

With all of these factors, the new service has received support from labourers, with many domestic and foreign-invested enterprises selecting it. They include companies such as PTSC Thanh Hoa, Nghi Son International Port Co., Ltd., Nghi Son Thermal Power JSC, Japan’s TOA, Hoa Sen Group (Nghe An office), Lilama 18.1, and many others.

Together with new services development, Quang Khoi General Hospital has also been paying due attention to IT application in management and operation.

The management software on electronic health records applied in the mobile check-up service is one of the hospital’s encouraging achievements in line with the health sector’s electronic health records development plan and development of smart hospitals.

With strong efforts on technology application, Quang Khoi has become the ninth hospital nationwide to receive Ministry of Health recognition as a successful performer of electronic health records. Quang Khoi was also honoured as the pioneer in digital transformation in the health sector at the E-Health Vietnam Summit 2020.

As part of Quang Khoi’s development plan, the hospital has strengthened international cooperation as a way to help improve professionalism for its health professionals, and approach new treatment methods and techniques, thus enabling it to satisfy new demands.

For instance, Quang Khoi made working visits to a number of hospitals in 2020, including FV Hospital and Hanh Phuc International Hospital, both of which won Joint Commission International accreditation – a global certification on hospital quality management.

Also last October, Quang Khoi signed a comprehensive cooperation agreement with Hanoi French Hospital, with regular check-ups and hospital fee guarantee being included to ensure diversified benefits for patients depending on their demands and financial capacity.

The cooperation is expected to bring about many more opportunities for Quang Khoi to further improve professionalism of its health professionals, while diversifying high-quality health services for customers, especially corporate ones. With strong investment and comprehensive and constant innovation, Quang Khoi General Hospital is winning more confidence from customers and partners, reaffirming its leading position among privately-run facilities in the central region.