Le Thanh Trung, deputy general director of HDBank, receives the award for being the “Company with the best M&A Strategy of the Decade (2009-18) at the Viet Nam M&A Forum this week. – Photo Courtesy of HDBank. The HCM City Development Joint Stock Commercial Bank won two awards at the Viet Nam M&A Forum for being the “Company with the best Mergers and Acquisitions (M&A) Strategy of the Decade (2009-18) and making the “Outstanding IPO in 2017-18” in HCM City on August 8. It was the only bank among the nominees for the best M&A strategy of the decade. The jury hailed HDBank’s two eye-popping M&A deals in 2013: its acquisition of DaiABank and Société Générale Viet Finance, a French consumer finance company now renamed HD Saison Finance Co., Ltd. The two deals also came in for praise from financial and banking experts for their both deployment methods and strong growth potential post-merger. After the merger the … [Read more...] about HDBank walks away with best MA strategy of the decade award
In a statement carried by the Korean Central News Agency, Choe Son-hui, a North Korean vice foreign minister, said that whether the June 12 summit between its leader Kim Jong-un and U.S. President Donald Trump will happen as scheduled entirely rests on the decision and behavior of the U.S. "Whether the U.S. will meet us at a meeting room or encounter us at nuclear-to-nuclear showdown is entirely dependent upon the decision and behavior of the United States," Choe said. "In case the U.S. offends against our goodwill and clings to unlawful and outrageous acts, I will put forward a suggestion to our supreme leadership for reconsidering the DPRK-U.S. summit," she added. DPRK is the abbreviation of the North's official name, the Democratic People's Republic of Korea. The threat came after South Korean President Moon Jae-in and Trump held a summit in Washington on Tuesday (local time). Trump suggested the summit with the North might not take place on June 12. North Korea has ramped up … [Read more...] about N. Korea threatens to walk away from planned summit with U.S.
A file picture of Iranian Foreign Minister Mohammad Javad Zarif during a meeting with his Russian counterpart in Moscow on Apr 28, 2018. (Photo: AFP/Alexander Nemenov) Trump has threatened to abandon the agreement when it comes up for renewal on May 12, demanding his country's European allies "fix the terrible flaws" or he will re-impose sanctions. The nuclear deal was struck in 2015 between Iran and Britain, China, France, Germany, Russia and the United States, then led by Barack Obama. Under the pact, sanctions were lifted in return for a commitment not to pursue a nuclear bomb, but Iran says it is not reaping the rewards despite complying with the deal. "If the United States withdraws from the nuclear deal, then we will not stay in it," Ali Akbar Velayati, foreign policy adviser to supreme leader Ayatollah Ali Khamenei, was quoted as saying by the state television website. As Iran's all-powerful leader, Khamenei has the final word on all policy matters, foreign and domestic, … [Read more...] about Iran threatens to quit nuclear deal if US walks away
A garbage dump is seen in Bac Ninh Province, outside Hanoi, Vietnam June 5, 2017. Photo by Reuters/Kham A man drives a truck at a garbage dump in Bac Ninh Province, outside Hanoi, Vietnam June 5, 2017. Photo by Reuters/Kham A woman collects garbage at a dump in Bac Ninh Province, outside Hanoi, Vietnam June 5, 2017. Photo by Reuters/Kham A garbage dump is seen in the Bac Ninh Province, outside Hanoi, Vietnam June 5, 2017. Photo by Reuters/Kham Maintenance workers unload trash from a garbage can in the main Amtrak waiting area at Pennsylvania Station, May 31, 2017 in New York City. Photo by AFP/Drew Angerer Khodor, 20, reacts to burning plastic inside a workshop where he works in the rebel-held besieged Douma neighborhood of Damascus, Syria April 1, 2017. The workshop uses plastic from bottles and other waste materials to produce … [Read more...] about Don’t look away: Shocking photos of waste from Vietnam and around the globe
The first summer rain has turned several parts of the capital into waterways. Related News: Why flooding returns to haunt Hanoi after heavy downpours Unseasonal rain floods Ho Chi Minh City airport, paralyzes transport … [Read more...] about Hanoi’s charm washed away by first summer downpour