Shareholders voted for him to replace Dang Tat Thang, who was appointed in March after his predecessor Trinh Van Quyet was arrested for allegedly manipulating the stock market. Thang now serves as vice president of the company. Nguyen, brother-in-law of Quyet, has more than 17 years of experience in doing business and used to hold leading positions in many businesses. He was also a member of the board of directors of FLC Group from 2013 to October 2017 and from June 2018 to June 2020. FLC said it would focus on restructuring its management model and business plans this year. Several of its key leaders have been detained amid an investigation into possible stock market fraud that caused "serious damage to investors and affected the operations of Vietnam's stock exchange," according to the Ministry of Public Security. The company suffered losses of VND465 billion ($19.85 million) in the first quarter, its biggest in the last two years. … [Read more...] about FLC Group names new chairman
Internet security advisors group
Hanoi market sees strong development in premium offices
Capital Place, a Grade A office building (left) in Hanoi. Office real estate market will receive more Grade A office building projects due to increasing demand. (Photo baodautu.vn) Hanoi (VNS/VNA) - Office real estate is thriving, with new Grade A buildings entering the Hanoi market at the end of the year, according to Savills Vietnam. By the end of 2022, six new projects are expected. The only Grade A building will be Techcombank Tower on Quang Trung street. This project follows the opening of another international Grade A building , Capital Place . “Tenants can pick from a variety of new high-quality Grade A properties entering soon, mostly in Hoan Kiem, Ba Dinh and Tay Ho districts. New properties will compete with existing buildings in terms of quality, services and pricing," said Hoang Nguyet Minh, Senior Director of Commercial Leasing, Savills Hanoi. "Hanoi’s office supply is lower than regional peers like Singapore or Bangkok. However, the rents are … [Read more...] about Hanoi market sees strong development in premium offices
Breakfast @ Tuoi Tre News – July 3
Here are today’s leading news stories: Politics -- Vietnam demands that Taiwan cancel live-fire drills in the waters around Ba Binh Island, part of Vietnam’s Truong Sa (Spratly) archipelago, and not repeat similar violations in the future, Le Thi Thu Hang, spokesperson of the Vietnamese Ministry of Foreign Affairs, said on Saturday. COVID-19 Updates -- The Ministry of Health documented 730 COVID-19 cases on Saturday, raising the national tally to 10,748,127, with 9,699,357 recoveries and 43,047 deaths. Society -- Tropical Storm Chaba weekened into a tropical depression after making landfall in China’s Leizhou Peninsula on Saturday afternoon, the National Center for Hydro-meteorological Forecasting reported. -- The Ho Chi Minh City People’s Court on Saturday sentenced Truong Vui, former chairman of Forestry Products Handicraft Production and Export - Import JSC (Upexim), to life in prison for fraud related to the sale of a valuable land lot in the city center. … [Read more...] about Breakfast @ Tuoi Tre News – July 3
Over 18,000 volunteers take part in exam assistance program
At the launching ceremony of the exam assistance program, "Tiep suc mua thi" This year’s campaign attracted more than 18,000 students who are divided into 16 groups offering assistance to candidates at 158 exam sites, such as providing candidates with information related to the exam, resolving emergencies, ensuring security and helping regulate traffic near testing locations during the national high school examination period from July 6-9, Director of the Student Assistance Center in HCMC, Le Xuan Dung said. The exam assistance program has two phases running from May to July. In the first stage, volunteers offered health care and helped students study online and prepare for the upcoming examination. The program will also hand over 60 scholarships worth VND 2 million each and gifts to disadvantaged students affected by the Covid-19 pandemic. Over 18,000 volunteers take part in exam assistance program. The city's artists attend the launching ceremony to support the … [Read more...] about Over 18,000 volunteers take part in exam assistance program
Hundreds of flights axed as US kicks off long holiday weekend
As of mid-afternoon, with Americans gearing up for July 4 Independence Day celebrations, more than 600 flights within, into, or out of the United States had been canceled, and more than 3,300 were delayed, according to flight tracking service flightaware.com. The numbers on Friday were grim as well, with 587 U.S. flights scrapped among a global total of 3,061 cancellations, the site said. Sunday was also looking problematic, with more than 100 flights already canceled. The airport chaos is prompting a record level of road travel by Americans seeking to dodge flight trouble, a travel industry group said. For days, amid a surge in travel as summer rolls in, horror stories have abounded as travelers were stranded at airports, enduring odysseys to reach their destinations. The airline industry was devastated in the early stages of the Covid-19 pandemic as people stayed close to home, but air travel has rebounded as health measures were eased. And although federal Covid-19 relief … [Read more...] about Hundreds of flights axed as US kicks off long holiday weekend