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BERLIN, GERMANY / BANGKOK, THAILAND - EQS - 29 August 2019 - Former employees of the Thai jewelry manufacturer PWK have entered, assisted by the Thai Police, the factory building in Chanthaburi province, which was closed due to a lack of liquidity, and have identified and secured company property, based on a Thai Labor Court order issued June 12, 2019. PWK is a subsidiary of elumeo SE, a jewelry retailer that has made negative headlines. The angry workers, who had been deprived of their legally required severance pay, had obtained a Writ of Execution, from the Thai Courts. This gives them the right to enter the company's premises and "confiscate and sequestrate the assets" as compensation for the unpaid compensation and salaries. Days earlier, some of the once more than 600 bruised Thai employees had protested against the management of elumeo SE and its supporters in front of the German embassy in Bangkok and in front of the PWK company building … [Read more...] about elumeo SE: After Protests in Bangkok: Furious Employees Help Themselves to Company Property – New Bad News for German Jewelry Dealer – FPM Invests in elumeo for Norwegian State Fund

Total investment grew by 9 per cent in 2015 amid robust FDI inflows and rising Government expenditures, marking completion of the country’s five-year planning cycle. — File Photo Viet Nam News -HÀ NỘI – Việt Nam’s economic growth is expected to edge up further to 6.8-6.9 per cent in 2016 and 2017, thanks to the continued strong performance of domestic private demand, according to an economic and social survey for Asia and Pacific 2016. The survey, released yesterday by the UN Economic and Social Commission for Asia and the Pacific (ESCAP), said that recovery in Việt Nam’s domestic demand gained momentum. Favourite consumer sentiments were underpinned by low inflation, which dropped to 0.6 per cent in 2015 from 4.1 per cent in 2014 and more than 11 per cent on average in the preceding three years. Total investment grew by 9 per cent in 2015 amid robust FDI inflows and rising Government expenditures, marking completion of the … [Read more...] about VN’s economic growth expected to hit 6.9%

Organisations in Việt Nam are facing longer downtimes caused by cybersecurity breaches, compared to the regional and global averages.—  Photo Cisco HÀ NỘI — Organisations in Việt Nam are facing longer downtimes caused by cybersecurity breaches, compared to the regional and global averages, according to a recent Cisco study. The Cisco’s 2019 Asia Pacific CISO Benchmark Study was released this week. Almost a third of companies in Việt Nam were offline for 24 hours or more after their most severe breach in the past one year, compared to just four per cent globally and 23 per cent in the Asia Pacific region. The Việt Nam number is a huge rise from last year, when only 15 per cent of organisations in the country suffered downtime of 24 hours or more. The study is based on a survey of almost 2,000 security professionals from across the region. It highlights that security practitioners in Việt Nam are being kept busy. According … [Read more...] about Việt Nam companies facing longer downtimes from cyberbreaches

Rice products on display at exhibition on the sidelines of the 3rd Việt Nam Rice Festival.—VNS Photo Hoàng Nguyên Viet Nam News LONG AN – Việt Nam’s rice brand logo was unveiled on Tuesday night during the opening ceremony of the third Việt Nam Rice Festival held in Tân An City in the Cửu Long (Mekong) Delta Province of Long An. The winning logo features an ear of rice with rice leaves shaped as the image of chim lạc (legendary birds). The phrase ‘Việt Nam Rice’ is written on the green oval-shaped logo. The Ministry of Agriculture and Rural Development (MARD) last year launched a logo design contest for the Vietnamese rice trademark with the aim to promote the reputation of the country’s rice. The contest, which received nearly 500 entries from across the country and abroad, was part of a project to develop Việt Nam’s rice brand. According to Nguyễn Quốc Toản, … [Read more...] about Việt Nam’s rice trademark unveiled at festival

Read what is in the news today. Society -- The number of bus commuters in Ho Chi Minh City in the first eight months of this year totaled over 131 million, down by 13.2 percent year-on-year, Truong Trung Kien, head of the Urban Committee of the municipal People’s Council, reported at a meeting on Friday morning. -- Ho Chi Minh City currently helps treat 225 metric tons of waste originating from the neighboring province of Long An on a daily basis as the local treatment plant in Long An’s Thanh Hoa District does not have enough treatment capacity, director of the provincial Department of Natural Resources and Environment Vo Minh Thanh said on Friday. -- The court of Nha Trang City in south-central Vietnam on Friday afternoon gave Tran Vu Hai, a well-known lawyer, and his wife Ngo Tuyet Phuong a non-custodial sentence of 12 months and fined each person VND20 million (US$863.6) for tax evasion. -- A collision between a container truck and the girder of a … [Read more...] about Breakfast @ Tuoi Tre News – November 16