Human smuggling 39 dead

At least 14 people were killed and more than a dozen others injured when a bus carrying domestic tourists crashed into an advertising sign in Indonesia's East Java province early on Monday, police said. A police officer inspects the scene of a bus crash in Surabaya, East Java on May 16, 2022. (The Jakarta Post/East Java Police) The bus -- which was carrying 31 passengers, the driver and a crew member -- hit the pole and then rolled over on a toll road connecting the town of Mojokerto to the country's second city, Surabaya. The victims were from Benowo, a village near Surabaya, and were returning home after a long weekend at popular holiday destination Dieng Plateau, about 400 kilometres away in Central Java, local official Ridwan Mubarun told Indonesian television station Metro TV. "Fourteen people have died and 19 others sustained minor and serious injuries," Mojokerto police chief Rofiq Ripto Himawan told reporters on Monday, adding that authorities … [Read more...] about Indonesia tourist bus crash kills 14

In the final of men’s 5,000m, military athlete Nguyen Van Lai finished first in 16 minutes, 34 seconds and 12, securing a gold medal. Other gold medalists of Vietnam’s track and field team were Pham Thi Diem (women’s high jump with an achievement of 1.78m), Nguyen Tien Trong (men’slong jump – 7.80m), Nguyen Thi Huyen (women’s 400m – 52 seconds and 83). In jujitsu event, Phung Thi Hue pocketed a gold medal after defeating her Philippines rival in women’s 45kg category. Meanwhile, boxer Dao Hong Son defeated the Singaporean rival to win the gold medal in the men's 56kg category. In pétanque, players Hong Thoa and Lan Anh claimed an emphatic 13-2 victory over Malaysia’s Nurashimah Senin and Sharifah Aqilah Farhana Syed Ali to bag a gold medal for Vietnam. In bodybuilding, Dinh Kim Loan won the gold medal. In addition, Tran Hoang Duy Thuan and Bui Thi Thoa competed excellently to win the gold medal in the mixed doubles event. Meanwhile, the Vietnamese dance sport team won the 5th … [Read more...] about More golds for Vietnamese sports delegation at SEA Games 31

During the 2016-2020 period, the two-way trade saw stable expansion and reached the target of over 1 billion USD, but then suffered from the impact of the COVID-19 pandemic and natural disasters. The Asia-Pacific Market Department at the Vietnamese Ministry of Industry and Trade (MoIT) said that the bilateral trade exceeded 1 billion USD in 2020, down 11.5 percent year-on-year, of which Vietnam’s exports were worth 571.7 million USD, down 18.5 percent. However, the bilateral trade bounced back since early 2021, surging 33.3 percent to 1.37 billion USD for the year, with Vietnam’s export revenue reaching 594.7 million USD, a rise of 4 percent from 2020, and its import hitting 778.2 million USD, up 69.8 percent. The results are attributable to the political resolve by Vietnamese and Lao leaders and the drastic management of competent agencies to remove obstacles facing businesses of the two countries and create optimal conditions for them to quickly adapt to the new situation. In … [Read more...] about Vietnam – Laos trade ties growing sustainably

Techcombank is on track to be among the top ASEAN banks Techcombank’s rise within the Vietnamese banking industry was highlighted last year when it became the first non-state-owned bank to join Vietnam’s billion-dollar profit club. “Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us to deliver stellar performance year after year,” said Jens Lottner, CEO of Techcombank. Last year, the bank continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a “stable and cheap” source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 per cent in 2020 to 50.5 per cent last year, well on its way to the bank’s target of 55 per cent by 2025. Techcombank’s net interest margin, a measure of the difference between the interest … [Read more...] about Techcombank on track for a seat among the top ASEAN banks

National Assembly Chairman Vuong Dinh Hue and his host counterpart Saysomphone Phomvihan on May 16 held talks following an official welcome ceremony for the former. Hue is now in Laos on an official visit. National Assembly Chairman Vuong Dinh Hue and his host counterpart Saysomphone Phomvihan on May 16 held talks. (Photo: VNA) The Lao leader spoke highly of the significance of the visit, the first by a key Vietnamese leader to Laos in the "Year of Solidarity and Friendship" between Viethnam and Laos. The year 2022 marks the 60th anniversary of the establishment of diplomatic relations between the two countries and the 45th anniversary of the signing of the Vietnam-Laos Treaty of Friendship and Cooperation. This is also the highest-level delegation of a foreign National Assembly to visit Laos since the success of the 11th Congress of the Lao People's Revolutionary Party and the beginning of the 9th National Assembly term of Laos. For his part, … [Read more...] about NA leader holds talks with Lao counterpart

Vietnamese wushu artist Bui Truong Giang (in blue) defeats Jumanta from Indonesia to triumph the men's sanda 60kg on May 15. (Photo: VNA) Hanoi (VNA) – Vietnam is standing atop the SEA Games 31 medal tally with 68 golds, leaving second-placed Thailand far behind. Vietnam bagged a total of 29 gold medals on the third day ( May 15 ) since the region’s biggest sports event officially started. The Wushu team impressed spectators the most, claiming seven gold medals, including six in the Sanda events. The gold medalists include Hoang Thi Phuong Giang in Changquan, and Ngo Thi Phuong Nga, Nguyen Thi Thu Thuy, Nguyen Thi Trang, Bui Truong Giang, Truong Van Chuong, and Nguyen Van Tai in Sanda. Athletics and dance sports also yielded a successful day for Vietnam, each with five golds. Championing runners were Nguyen Thi Huyen, Nguyen Thi Oanh, Nguyen Van Lai, Pham Thi Diem and Nguyen Tien Trong. Dancers Nguyen Doanh Minh Truong and Dang Thu Huong completed a gold hat-trick … [Read more...] about Vietnam currently tops SEA Games 31 medal tally