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
Khmer ethnic group vietnam
New milestone in Vietnam’s relations with Hungary, UK
The five-day visits of Vietnam’s National Assembly Chairman Vuong Dinh Hue to Hungary and the UK marked a new milestone in bilateral relations, eventually contributing to the Vietnam-EU partnership. The Chairman’s official visit to Hungary was significant amid the 72nd anniversary of diplomatic relations and approaching the five-year mark of the comprehensive partnership (2018 – 2023). In addition, Hungary was Vietnam’s first comprehensive partnership in Central and Eastern Europe, as the former has been actively supporting Vietnam in both multilateral frameworks and also in Vietnam-EU relations. NA Chairman Vuong Dinh Hue and Hungarian Prime Minister Viktor Orban. Source: VNA It was noted worth mentioning that Hungary was the first among EU members that ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). Chairman of the NA’s Foreign Affairs Committee Vu Hai Ha said meetings between Chairman … [Read more...] about New milestone in Vietnam’s relations with Hungary, UK
Vietnam to use small satellites to build capacity in Earth observation
Engineers at VNSC are building a small satellite. (Photo: VNSC) Hanoi (VNA) – Potential plans and roadmaps were proposed to build national capacity in Earth observation using small satellite systems during a seminar held by the Vietnam National Space Centre (VNSC) at the Vietnam Academy of Science and Technology (VAST) in Hanoi on June 30. In his remarks, VNSC General Director Assoc. Prof., Dr. Pham Anh Tuan said the Government in February 2021 announced a strategy for the development and application of aerospace science and technology by 2030, aiming to utilise achievements in the fields to address defence and security issues, strengthen management of environment and natural resources, monitor natural disasters and minimise their impacts, and provide related services for people. This seminar forms part of the efforts to translate the strategy into reality, according to Tuan. The seminar is held by the Vietnam National Space Centre (VNSC) at the Vietnam … [Read more...] about Vietnam to use small satellites to build capacity in Earth observation
Storm Chaba poses no more danger to Vietnam’s northeast as it makes landfall
It made landfall along the coast of Maoming City in China's Guangdong Province at around 3 p.m. Saturday, Chinese newspapers reported. At 4 p.m. it lay centered around 320 kilometers to the east of Quang Ninh Province, home to Ha Long Bay, with a maximum wind speed of 117 kph, according to the National Center for Hydro-Meteorological Forecasting. It will move northwest at a speed of 10-15 kph and is expected to weak into a tropical depression by Sunday morning with winds decreasing to 61 kph. Vietnam’s northeastern region should expect rains of 40-80 mm, and more than 100 mm in some places, between Saturday evening and Sunday. A day earlier weather experts had expected the region to be hit by torrential downpours of up to 150-350 mm a day. Rainfall of 180 mm a day is considered heavy. Chaba is the first storm to appear over the East Sea this year. June-October is normally the rain and storm season in Vietnam. Some 10-12 storms are expected to enter Vietnamese waters this … [Read more...] about Storm Chaba poses no more danger to Vietnam’s northeast as it makes landfall
Nearly 1,000 children take free swimming lessons in south-central Vietnam
A free swimming course sponsored by a local man has benefited about 1,000 children from seven to 15 years old in Phan Rang-Thap Cham City under the south-central Vietnamese province of Ninh Thuan. Le Nguyen Le Vi, a resident of the city, is the sponsor of the swimming program, which has taken place at the swimming pool of Hoa Sen Ninh Thuan Kindergarten - Elementary School from Monday to Friday every week. Children participating in the course are taught basic skills, such as swimming on their stomach, breaststroke, breathing underwater, and saving themselves from drowning. More than 2,000 children aged under 16 years in Vietnam lose their lives every year due to drowning, the World Health Organization cited an estimate in 2020. Many participants have said the course is helpful as it enables them to swim and improve their swimming safety skills. Below are photos of the free swimming course for children in Phan Rang-Thap Cham City, Ninh Thuan Province: Children take … [Read more...] about Nearly 1,000 children take free swimming lessons in south-central Vietnam
Legislature backs Vietnam-U.K. education cooperation: top legislator
Addressing the forum, Hue stated education is a leading national policy in Vietnam, identified as one of the three breakthroughs to implement the nation’s socio-economic development strategy. Every year, Vietnam spends 20% of its national budget on education and training. He said to create a strong transition in human resource development, Vietnam has determined that it is necessary to actively carry out international integration and promote foreign investment attraction in education for quality improvement. With the country’s law made to facilitate businesses in the sector, Vietnam has to date attracted more than 500 foreign-funded educational projects worth 4 billion USD. Despite challenges and difficulties, room remains extensive for investing in Vietnam’s education, Hue affirmed. He wished the bilateral educational cooperation will be concretized through impressive numbers, and recommended the two sides pay attention to step up exchanges of students and lecturers as well as … [Read more...] about Legislature backs Vietnam-U.K. education cooperation: top legislator