Success Comes from Passion, Effort and Responsible Living Although very busy with her business at the start of the year, Ms Le Nu Thuy Duong, CEO of Long Thanh Golf Investment and Trading Joint Stock Company, still gives time for Vietnam Business Forum to arrange a quick interview. In addition to running her company, she was also appointed the Honorary Consul of Iceland in Ho Chi Minh City by the Government of the Republic of Iceland, and approved by the Government of Vietnam. Van Luong reports. Leading a busy life with a lot of important missions, do you find it difficult to arrange time to do all the jobs well? In every position and every role I undertake, I always want to play a part in the country’s economic development and I always dedicate myself to the common cause of the company and family without fear of facing difficulties and challenges. The most important thing is to have a plan, arrange everything in order and arrange the reasonable time for business job and … [Read more...] about Success Comes from Passion, Effort and Responsible Living
Where does snot come from
Almost all pick-up trucks come from Thailand Hung Le HCMC - Nearly 100% of completely-built-up (CBU) pick-up trucks, which can be used to carry both goods and passengers, on Vietnam’s market are imported from neighboring Thailand. According to data of the General Department of Customs, in the year to March 15, Vietnam had imported 3,900 pick-up trucks worth US$76 million, up 0.8% in volume and down 1.7% in value compared to last year. Imports from Thailand accounted for 99.6%. On average, the price of pick-up trucks imported to Vietnam is slightly more than US$19,000 a unit, excluding taxes. Most popular made-in-Thailand models sold in Vietnam are Isuzu D-Max, Mitsubishi Triton, Nissan Navara, Toyota Hilux, Ford Ranger, Mazda BT 50 and Chevrolet Colorado. Pick-up trucks have been the key products of Thailand and the main means of transportation for many Thai families. Thailand is also the largest exporter of pickup trucks in the world today. In Vietnam, pick-up trucks have … [Read more...] about Almost all pick-up trucks come from Thailand
Last year, chicken meat from the three markets accounted for 87% of total chicken imports into Vietnam. The import value from the US alone reached US$61.1 million, making up 56% of total revenue. Most of the import products were chicken drumstick with average price of US$0.68 (VND15,500) a kilo. Since early this year, Vietnamese businesses have imported 12,200 tons of chicken from the US totally valued at US$10.1 million, including 11,300 tons of drumsticks (US$9.2 million) at an average price of US$0.8 (VND18,000) which is too cheap compared to domestic products on the market. Earlier in 2015, the Animal Husbandry Association in southeastern Vietnam planned to lodge an anti-dumping lawsuit against the US chicken imports. The price of US chicken on HCM City market was VND23,000 per kilo, which was half as expensive as Vietnamese products and one-quarter as expensive as they were sold on the US market. The association proposed reconsideration of the quality of chicken imported from the … [Read more...] about Most of chicken meat imports come from US
VietNamNet Bridge - It is not unusual for Vietnamese billionaires to be assigned informal nicknames by the public, media or colleagues. While most accept the monikers bestowed on them, others are less comfortable with what they are called. Being the second son in the family, Doan Nguyen Duc, the owner of Hoang Anh Gia Lai Group, was called by his relatives "Ba Duc", meaning "Duc, the second child", according to the custom of the central region's people. However, he is better known in the business community as "Bau Duc", meaning "football club owner Duc". That's because he owns the Hoang Anh Gia Lai Football Club, a big name in the Vietnam Premier League. Though he is the president of Hoang Anh Gia Lai Group, which is involved in many different fields, from real estate and rubber growing to hydropower and agriculture, no "business nickname" has been granted to Duc. Le Thanh Than, the owner of the Lai Chau-based Construction Private Enterprise, is a major tycoon who has developed … [Read more...] about Nicknames of Vietnam’s biggest bigwigs: Where do they come from?
Talking Law (17-10-2007) WTO dispute settlement: where does Viet Nam stand? by Paolo R Vergano, FRATINI VERGANO - European Lawyers, Brussels, Belgium The WTO dispute settlement mechanism, dating back to the establishment of the World Trade Organisation in 1995, is a cornerstone of the WTO system. It provides an instrument through which WTO members can police each other and ensure compliance with agreements and commitments. The WTO dispute settlement system does not confer immediate and direct rights on private operators and traders, but it may ultimately provide them, through their governments' actions and representation, with a powerful tool to address international trade disputes, regulatory distortions, discriminatory practices, non-tariff barriers and other impediments that have immediate negative effects. Despite not having a formal and direct role in WTO dispute settlement proceedings, private businesses may play an important role in assisting their governments, providing … [Read more...] about WTO dispute settlement: where does Viet Nam stand?
LISBON (AFP) - A penitent Pope Benedict XVI referred to the paedophile priest scandal rocking the Catholic Church as he began a four-day trip to Portugal Tuesday, saying the Church's "greatest persecution" came from its own "sin". "Today the greatest persecution of the Church does not come from outside, but from the sin inside the Church itself," the pope told journalists aboard his plane before his arrival in Lisbon. The 83-year-old pontiff, who met alleged victims of priestly sex abuse during a visit to Malta last month, said the Church's forgiveness could not replace the need for justice. He said the Church had a "profound need" to "learn forgiveness and also the necessity of justice," underlining that "forgiveness does not replace justice." The comments were the strongest yet on the issue from Benedict, whose five-year-old papacy has been rocked by allegations that the Vatican for years protected paedophile priests from prosecution in several European countries and in the United … [Read more...] about Pope says Church ‘persecution’ comes from within
T he winner of Euro 2012 could well come from the so-called "Group of Death" of Portugal, Germany, the Netherlands and Denmark, Portugal coach Paulo Bento said on Monday after revealing his 23-man squad which includes rising Benfica striker Nelson Oliveira. Portugal's soccer team coach Paulo Bento answers a question during a news conference after the announcement of the team players for the Euro 2012 in Obidos May 14, 2012 Photo: REUTERS Portugal are braced for tough battles in Group B but Bento remains confident. "We have a very clear objective, first to get to the quarter-finals of this great competition which is Euro 2012, then, naturally, to try and go as far as possible," the coach told journalists. "It would not be surprising to see the next European champions coming out of our group." His squad announcement included call-ups for the promising Oliveira and the Braga duo of Custodio and Miguel Lopes. "We are taking Nelson who is a player with different … [Read more...] about Euro winner could well come from “Group of Death” – Bento
A big capital volume is flowing into the banking sector, where a drastic restructuring process is taking place. However, experts have noted that the capital mostly has come from laymen, or the investors who are not keen on the finance and banking. On January 1, 2012, SCB--the bank which took shape after the merging of the four banks, officially became operational. SCB is not the only bank which has been undergoing a restructuring process. The official information about who is behind the plan to increase capital and rename Gia Dinh Bank has not been released. However, the well informed circle has got the most important details about the plan. Gia Dinh Bank has turned into Viet Capital Bank after it successfully raised the chartered capital from 2 trillion dong to 3 trillion dong. Now the bank can sigh with relief because it can satisfy the requirements set by the State Bank of Vietnam on the legal capital, and it has new shareholders. Saigonbank, after a lot of exertion, has … [Read more...] about Capital for bank restructuring mostly come from laymen
Annie comes from Broadway to Viet Nam (15-11-2008) Positions please: Performer-director Brian Riedling (middle) and his colleagues rehearse for Annie Get Your Gun, the first fully-staged and costumed Broadway musical to be held in Viet Nam. The play will be staged later this month. — VNS File Photo HCM CITY — An operal staged as an American musical for this first time in the country will debut in HCM City next week and feature dozens of Vietnamese and foreign performers. The musical Annie Get Your Gun has been created by Brian Riedlinger, artistic director of the HCM City International Choir, who has been living in Viet Nam for the last five years. The play's story revolves Annie Oakly (played by Kim Davis), a skilled shooter who meets and falls in love with freelance artist Frank Butler (Reidlinger). The couple participates in a Wild West Show by Buffalo Bill (Richard Bond) that takes them across the US and Europe. Their performance tours provide audiences a glimpse … [Read more...] about Annie comes from Broadway to Viet Nam
Manchester City got their Champions League bid back on track on Wednesday, coming from behind to beat CSKA Moscow 2-1 in testing conditions in the Russian capital. CSKA took a 32nd-minute lead courtesy of former Manchester United winger Zoran Tosic, but Sergio Aguero quickly equalised and then put the Premier League club in front before the interval at the Arena Khimki. Aguero, who scored twice in the 3-1 weekend win at West Ham United, picked up where he left off to give Manuel Pellegrini's side a second victory in Group D that leaves them well-placed, along with Bayern Munich, to progress to the competition's knockout stages. "It is an important win," Pellegrini told UK Sky television after the game. "Now we have to play the next two games at home. I told the players that we had to make sure we didn't lose this one. We are not in the next round yet but this was an important step." Reaching the last 16, of course, is something City have never managed to do before despite their … [Read more...] about Aguero stars as City come from behind to win in Moscow