Vietnam firms join Tamil Nadu food expo in India Seven Vietnamese enterprises are showcasing their products at Vibrant Tamil Nadu - Global Expo & Summit 2018 in the Indian state of Tamil Nadu, which runs from August 12-15. The food and beverage expo also features nearly 200 Indian firms and representatives from 29 other nations. Several workshops on food, processed food and beverages and measures to boost the sector’s development have been held at the event, along with meetings between participating firms and state authorities. The Vietnamese enterprises discussed the possibility of signing some memoranda of understanding on cooperation in food production and processing and on investment in industrial zones with Indian partners. Bui Trung Thuong, Chief of the Vietnam Trade Office in India, briefed Indian partners on Vietnam-India economic and trade ties, the prospects of the Vietnamese food sector and opportunities for the two countries’ businesses. India ranks 27th … [Read more...] about BUSINESS NEWS IN BRIEF 16/8
Latest news headlines
NY Daily News slashes half its newsroom staff
Viet Nam News NEW YORK — The New York Daily News, the century-old tabloid known for its provocative headlines, made its own news Monday by slashing half its editorial staff, in the latest retrenchment in the newspaper sector. The daily owned by the media conglomerate Tronc said in an email to employees that the move sought to address the newspaper’s "significant financial challenges." A source familiar with the matter said the cuts represent "nearly 50 per cent" of newsroom staff. Tronc declined to comment on the cutbacks or confirm precisely how many staff were affected, but the rival New York Post said the Daily News had some 85 editorial staff before the layoffs. The editorial staff will slashed be as the newspaper looks at a fundamental restructuring to focus on breaking news, mainly in areas of "crime, civil justice and public responsibility," according to the note to staff, which was widely circulated on Twitter. "The decisions being announced today reflect the … [Read more...] about NY Daily News slashes half its newsroom staff
Vietnam’s latest tax hike proposal could fuel resentment
Recently, the Ministry of Finance proposed a fuel tax hike in order to “reduce emissions” and “pay off national debts.” If passed, the hike would increase the current environmental tax rates for petroleum and diesel to the highest level permitted for fuels, at VND4,000 ($0.18) per liter. Every morning, I commute to work on my old, trusty Yamaha-brand motorbike. Every week, I stop by gas stations twice to buy four liters of gasoline for my bike. If the fuel tax hike proposal is passed, I would have to spend an extra VND16,000. Every month, VND64,000 would go from my pocket into the national budget. It’s not about the money. VND64,000 is only worth about three cups of coffee or two bowls of pho, though I have to I admit that paying taxes is nowhere near as fun as drinking coffee or eating pho. But look at what’s happening right now. My neighborhood is still infested with trash. Thick clouds of dust rise from the ground as cars and motorbikes rush down … [Read more...] about Vietnam’s latest tax hike proposal could fuel resentment
Some good news, some bad news, some hopeful news
by Thu Vân “Your pens are the sharp weapons in the cause of telling the truth…” Thus began a letter that President Ho Chi Minh wrote to intellectuals and journalists in the southern part of the country on May 25, 1947. He also said in the same letter that “journalists should act like brave soldiers in the revolution to gain back unity and independence for the country.” One cannot imagine loftier ideals for this profession. Today, the lofty ideals may remain, but there are times I feel these are gathering dust in the shelves of our memory as the profession goes through one existential crisis after another. More than seven decades after President Hồ Chí Minh wrote the famous letter, it is fair to say journalism has gone through many changes, all over the world. Today, the profession is wedded, one could even say welded, to technology and business, and this creates a host of challenges in terms of the profession succeeding in the … [Read more...] about Some good news, some bad news, some hopeful news
India withdraws controversial ‘fake news’ order after backlash
Indian Prime Minister Narendra Modi on Tuesday reversed an order to punish journalists found guilty of reporting "fake news," after an outcry over a perceived government crackdown on the press. The media sanctions, issued late Monday, stated that the government would withdraw the official accreditation of any journalist responsible for repeated reporting of "fake news." India is the latest government to act against what it calls "fake news." Malaysia is passing a law allowing for up to six years in jail for publishing allegedly misleading information. The government said it needed to curb the spread of misinformation in the media. But Modi's office rescinded the directive just hours later amid allegations India's vibrant press was being muzzled. "PIB (Press Information Bureau) Press release titled 'Guidelines for Accreditation of Journalists amended to regulate Fake News' issued on 02 April 2018 stands withdrawn," the information and broadcasting ministry said in a statement Tuesday. … [Read more...] about India withdraws controversial ‘fake news’ order after backlash