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Transnational expressway investor selection to take until August 2020

· October 15, 2019 ·

The three additional months are needed to carry out new preliminary evaluations of investors before they can bid for the public-private partnership (PPP) work, according to a recent report the government made to the National Assembly. Next year, the evaluations are expected to be completed by February, the contractor identified by August, and the tendering process completed by November, the report said. In September the Ministry of Transport decided not to invite foreign bids for the eight sections of the expressway to be built under the PPP model, saying only a few qualified and this could lead to a low level of competition. Sixty investors, half of them Chinese, submitted expressions of interest for the eight sections, but for four of them no investor met all the requirements, while for the rest only one to three did so, the ministry said in a statement. It then decided to invite fresh tenders with lowered criteria for the North-South Expressway from local investors, to "ensure … [Read more...] about Transnational expressway investor selection to take until August 2020

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Vietnam asks ASEAN to take note of threats against fishers in South China Sea

· June 24, 2019 ·

Speaking at the 34th ASEAN Summit in Bangkok, Thailand, on Sunday, Prime Minister Nguyen Xuan Phuc said ASEAN also needs to consider and acknowledge positive development in the negotiations for the Code of Conduct in the South China Sea (COC) between the bloc and China, according to a statement released by the Ministry of Foreign Affairs. Phuc said that next year, as the ASEAN chair, Vietnam would work to raise ASEAN’s status on the global stage by enhancing its links with the U.N. Vietnam was elected non-permanent U.N. Security Council member for 2020-2021 term earlier this month. China lays claim to almost the entire South China Sea, which Vietnam calls the East Sea, including waters close to Brunei, Malaysia, the Philippines, Taiwan, and Vietnam.  It has occupied some archipelagos illegally and created artificial islands, turning them into garrisons. On June 9, a Filipino fishing boat with 22 crew members was sunk near Reed Bank in Vietnam's Spratly … [Read more...] about Vietnam asks ASEAN to take note of threats against fishers in South China Sea

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SBV tells banks to up security after US$11-million fraud

· March 1, 2018 ·

In a letter, it said all commercial banks must review and amend their internal regulations if needed to improve safety. “Banks must ensure all their staff fully understand and implement all regulations and regularly provide them with training.” The State Bank of Vietnam has instructed all banks to improve safety of their money transactions after the Ministry of Public Security issued an international warrant for a fugitive bank executive for allegedly misappropriating nearly 11 million USD from a customer (Photo: vietnamnet.vn) The central bank also called on lenders to upgrade their technologies to improve security and work closely with authorities to provide and receive information related to frauds. “Education on money transaction should be improved for customers. Oversight and rotation of staff are very important.” It said banks must immediately report to the SBV and other related authorities when they detect a fraud or security violation, it … [Read more...] about SBV tells banks to up security after US$11-million fraud

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Benchmarking Nasdaq, Leading The Investment Direction Of Cyptocurrency —— YoYoEx Will Be Launched On December 12th

· December 11, 2019 ·

BEIJING, CHINA - Media OutReach - 11 December 2019 - According to official news, the global optimally selected exchange YoYoEx will be officially launched on December 12th. As a cyptocurrency trading platform registered in Singapore, it is committed to exploring the global market and selecting the most cutting-edge and high-quality digital asset projects. Currently, YoYoEx offices have been set up in Southeast Asia, Japan, Korea, Europe and the United States. YoYoEx always adheres to the global development strategy, and strives to create a free circulation of the borderless blockchain world with users. YoYoEx founder David said: "YoYoEx is now simultaneously developing markets in Southeast Asia, Japan, Korea, Europe and the United States. YoYoEx has actively applied for legal operating licenses in many countries and regions around and has opened up payments system in multiple areas and countries of the world. Users around the world can make purchases. " The core … [Read more...] about Benchmarking Nasdaq, Leading The Investment Direction Of Cyptocurrency —— YoYoEx Will Be Launched On December 12th

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Vietnam shocked by extent of sexual abuse children face

· April 7, 2019 ·

The latest case of child abuse came to light earlier this week when CCTV footage in a Saigon elevator showed a man hugging a little girl Monday night. The man was quickly identified as Nguyen Huu Linh, former deputy chief prosecutor of Da Nang, who retired in 2018.  Once the footage was leaked on the Internet, public outrage followed, and Linh had to face the music. People threw dirt at his house and someone painted au dam (paedophilia) in black paint on his gate. People threw dirt at his house and someone painted au dam (paedophilia) in black paint on his gate. Photo by VnExpress/N.T Angry comments filled social media, mincing no words.  "A new kind of pervert has appeared in apartment building elevators, so parents should be cautious and always stay by their daughters to protect them from these perverts. Disgusting!," a VnExpress reader commented.  "He knows the law and was once in a high position in the executive body of a major city, but he violated the law; there … [Read more...] about Vietnam shocked by extent of sexual abuse children face

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