BEIJING: Beijing on Thursday (Oct 25) dismissed a New York Times report that alleged Chinese intelligence eavesdropped on Donald Trump's cellphone calls as "fake news" and joked the US president should switch to a Chinese phone. The New York Times cited anonymous officials who said China and Russia had listened in to President Donald Trump's frequent calls with friends and allies made over his iPhone. (Photo: AFP/NICHOLAS KAMM) The newspaper cited anonymous officials who said China and Russia had listened in to Trump's frequent phone calls with friends and allies made over his iPhone, using the information gleaned to shape interactions with the US. When asked about the report at a regular news briefing, Chinese foreign ministry spokeswoman Hua Chunying said "certain people in the US are sparing no efforts to win the best screenplay award at the Oscars". Hua offered three recommendations to the US daily and the Trump administration. "First The New York Times should know if … [Read more...] about China blasts Trump phone hack report as ‘fake news’
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BUSINESS NEWS IN BRIEF 1/8
Vinh Phuc seeks investment from S Korea The northern province of Vinh Phuc promoted its potential and called for investment at a conference held in Gyeonggi Province in South Korea on Friday. Speaking before an audience of South Korean businesspeople, Chairman of Vinh Phuc provincial People’s Committee Nguyen Van Tri highlighted the province’s convenient location in Viet Nam’s northern key economic zone and favourable natural conditions suitable for industry, tourism and hi-tech agriculture. He informed the South Korean business circle that the province has made efforts to streamline its administrative procedures, upgrade infrastructure, especially at industrial zones, and train the local labour force. The provincial leader reported that Vinh Phuc is now home to more than 300 foreign direct investment (FDI) projects, including many run by South Korean corporations such as Partron Vina, Haesung Vina, Bangjoo and Interflex. Several more South Korean … [Read more...] about BUSINESS NEWS IN BRIEF 1/8
Vietnamese, international public denounce China’s deployment of oil rig in Vietnam’s waters News
Thursday, May 08, 2014 - 8:33:08 (VOVworld)- China’s deployment of drilling rig HD-981 and a large number of ships including military ships in the oil and gas Lot 143 on Vietnam's continental shelf has been opposed by scientists and fishermen in Da Nang city. Bui Van Tieng is President of Da Nang History Science Association said that the deployment of the oil rig is illegal: “The location where China deployed its drilling rig near Ly Son island was in Vietnam’s territorial waters and belongs to Hoang Sa island district of Da Nang city. This is an undeniable and unarguable historical fact. Obviously, the deployment of China’s oil rig violates Vietnam’s sovereignty”. Fisherman Le Van Ky, the captain of QNg 92479 fishing boat in Nghia An commune, Tu Nghia district, Quang Ngai province said: “This fishing area has been handed down by our predecessors. We have been fishing in this sea area for a long time. China is illegal to act like that. We … [Read more...] about Vietnamese, international public denounce China’s deployment of oil rig in Vietnam’s waters News
Party leader Trong appreciates Korean investors – News – Investment
The Party leader made the statement at a meeting with heads of CJ, Hoysung and Charmvit, in Seoul on October 3. Vietnam welcomes and continues to create the best possible opportunities for Korean businesses to invest in Vietnam, Trong affirmed.He wished the economic groups further achievements and contributions to Vietnam’s development and bilateral friendship. CJ Group opened its representative office in Vietnam in 1996 and now carries out agricultural projects in Ninh Thuan, Lam Dong, Tay Ninh and Ba Ria-Vung Tau. It has cooperated with Vietnamese partners in the fields of television and cinematography and wants to invest in transports and logistics.The Party leader made the statement at a meeting with heads of CJ, Hoysung and Charmvit, in Seoul on October 3. Vietnam welcomes and continues to create the best possible opportunities for Korean businesses to invest in Vietnam, Trong affirmed. He wished the economic groups further achievements and contributions to Vietnam’s … [Read more...] about Party leader Trong appreciates Korean investors – News – Investment
Vietnam should speed up PPP model: ADB President – News – Investment
The Hanoitimes - Asian Development Bank (ADB) President Takehiko Nakao has suggested that Vietnam step up public private partnerships (PPP) by fine-tuning projects, to stimulate cost-effective investments. Speaking at a press briefing in Hanoi on September 19, Takehiko Nakao said Vietnam should also encourage competitive bidding for PPP projects in an effective and transparent manner. He emphasised the ADB is assisting Vietnam in compiling a PPP Decree, aimed at clarifying the role of the PPP model and making it more effective in the country.Meanwhile, Vietnam should focus on improving its business climate to attract more foreign direct investment (FDI), which plays a vital role in economic development, he said.The ADB President praised Vietnam’s macroeconomic achievements and stable sustainable economic growth, saying Vietnam once recorded the highest economic growth rate in the world in 1990, and it became a middle-income country in 2010.The country deserves to be applauded … [Read more...] about Vietnam should speed up PPP model: ADB President – News – Investment