A Vietnamese woman has been extradited from Indonesia by Interpol for an investigation into a fraud case dating back to 2015, local police said on Wednesday. Nguyen Thi Anh Nga, a 36-year-old from Dong Thap Province in Vietnam’s Mekong Delta region, has been wanted internationally since 2015 after fraudulently appropriating over VND3 billion (US$127,591) from various individuals. Nga then fled Vietnam to work in Singapore, Malaysia, Indonesia, and Cambodia. Police in Indonesia arrested Nga on March 7. After discussing with their Indonesian counterparts, Interpol Vietnam brought Nga to Tan Son Nhat International Airport in Ho Chi Minh City and handed her over to Dong Thap police officers for an investigation into the case. Like us on Facebook or follow us on Twitter to get the latest news about Vietnam! A Vietnamese woman has been extradited from Indonesia by Interpol for an investigation into a fraud case dating back to 2015, local police said on Wednesday. … [Read more...] about Vietnamese women extradited after 8-year evasion of international wanted notice
11 year old not gaining weight
Gold posts marginal gain
Gold ring price went up 0.09% VND55.95 million. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices slipped on Friday as the dollar edged higher, while investors assessed the U.S. central bank’s hints at a potential pause in its rate-hike trajectory, Reuters reported. Spot gold was down 0.4% at $1,986.40 per ounce after two sessions of sharp gains. U.S. gold futures also fell 0.4% to $1,988.90. Non-yielding bullion, which becomes more attractive in a low-interest-rate environment, gained 2% after the Federal Reserve signalled it might pause further rate increases after the recent collapse of two U.S. banks, and pointed to just one more rate hike this year. "However, the Fed also mentioned it would not look to cut interest rates this year," said Brian Lan, managing director at Singapore-based dealer GoldSilver Central. Lan noted some profit-taking at play, and added, "gold prices would look to consolidate, unless there’s any big news." … [Read more...] about Gold posts marginal gain
Vietnamese woman returns lost money to Armenian tourist in Hanoi’s Old Quarter
Stella Amirkhanyan found she had lost the money while she was visiting a money exchange shop in preparation for her trip to Indonesia. She then drove her motorbike back to Luong Ngoc Quyen Street, Hanoi's backpacker precinct, to find her lost money. She says she felt desperate and thought her money had been lost. However, a young Vietnamese woman found the money and sat at a roadside café to wait for Amirkhanyan to return. "It was like a miracle," Amirkhanyan said, when she received the money back. "I burst into tears," she said. Amirkhanyan says she regrets that she forgot to ask the woman's name. Therefore, she shared her story online to thank the benefactor as well as spread the positive message. Amirkhanyan was also very grateful to local people, who approached and comforted her when they saw her crying. The young Armenian woman, who came to Hanoi late last year and works as travel blogger, is now visiting Indonesia but plans to return to Hanoi on March 27. … [Read more...] about Vietnamese woman returns lost money to Armenian tourist in Hanoi’s Old Quarter
Gains feasible through large-scale FDI
The second annual report on foreign investment in Vietnam for 2022 released earlier in March by the Vietnam’s Association of Foreign Invested Enterprises noted that the United States has decreased corporate income tax from 25 to 21 per cent, while also reforming investment licensing procedures. In addition, the US government is applying higher taxes on imported products to increase the competitiveness of several industrial sectors, such as energy, automobiles, steel, and aluminium. Vietnam may need to come up with new tactics to retain foreign investors, photo Le Toan Besides that, the US is also promoting a “prosperous economic network” that connects allied countries to build supply chains of products such as semiconductors and 5G-related technology. In Europe, some countries such as Germany and Italy have also unveiled policies to limit investment in overseas markets, while France is encouraging its enterprises to expand their operation in high-value sectors, such as … [Read more...] about Gains feasible through large-scale FDI
Sugar industry to recover this year
Movements of raw sugar futures in the last five years. Source: tradingeconomics.com Businesses in the sugar industry will rebound, buoyed by higher sugar prices and anti-dumping measures on some sugar cane products originating from Thailand. In February, raw sugar futures hovered at the 6-year high of roughly US 22 cents a pound set on February 27. Specifically, February's average raw sugar price was US 20.23 cents a pound, compared to US 18.87 cents per pound in January and US 18.93 cents in December 2022. According to the Food and Agriculture Organisation of the United Nations, the average sugar price was US 18.5 cents per pound during the first ten months of 2022. The Rome-based agency forecast that by 2029, the average sugar price will reach US 21.3 cents but the fact is that the price exceeded the figure in January. In the international market, raw sugar futures tracked by tradingecnomics.com were traded at US 21.14 cents per pound on Thursday, continuing the rally … [Read more...] about Sugar industry to recover this year
Tetra Pak Binh Duong’s new solar panels cut down 700 tonnes of CO2 emissions yearly
Solar panels at Tetra Pak's packaging material factory in Bình Dương Province. — Photo courtesy of the company Tetra Pak has completed the installation of solar panels for its packaging material factory in Binh Duong Province after six months of construction. Covering close to 5,900 sqm2, the solar panels can generate approximately 1.9 thousand MWh of renewable energy each year, helping to reduce over 700 tonnes of CO2 emissions. This effort represents Tetra Pak's pledge to reduce greenhouse gas emissions across its business operations. “Tetra Pak is committed to reducing greenhouse gas emissions across the company’s operations to net zero by 2030. The installation of solar panels on the factory roof is part of our journey to realizing this goal,” said Eliseo Barcas, Managing Director of Tetra Pak Vietnam. “This further affirms Tetra Pak’s commitment in sustainable development and in supporting food and beverage manufacturers in increasing their sustainability by using our … [Read more...] about Tetra Pak Binh Duong’s new solar panels cut down 700 tonnes of CO2 emissions yearly
U.S. Fed delivers small rate hike amid global banking turmoil
The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two U.S. banks. Fed Chair Jerome Powell sought to reassure investors about the soundness of the banking system, saying that the management of Silicon Valley Bank "failed badly," but that the bank's collapse did not indicate wider weaknesses in the banking system. "These are not weaknesses that are running broadly through the banking system," he said, adding that the takeover of Credit Suisse seemed to have been a positive outcome. The Federal Open Market Committee policy statement also said the U.S. banking system is "sound and resilient." Even so, Wall Street ended sharply lower after Powell told a news conference that officials were still intent on fighting inflation while also eying the extent to which recent bank failures had cooled demand and slowed lending. The … [Read more...] about U.S. Fed delivers small rate hike amid global banking turmoil
2 dead after car falls from bridge in Vietnam’s Central Highlands
Two people, including a four-year-old girl, died after a car plunged off a bridge in Bao Loc City, Lam Dong Province in Vietnam’s Central Highlands region on Thursday. The fatal traffic accident happened at a bypass of National Highway 20 at around 11:00 am. The vehicle involved in the incident was a Ford Everest with plate number 49A-063.64 driven by 54-year-old D.T.V., a resident of Di Linh District, and a four-year-old girl, who is only known as Nh. A Ford Everest falls into an abyss below the Nau Sri Bridge in Bao Loc City, Lam Dong Province, Vietnam, March 23, 2023. Photo: M.V. / Tuoi Tre V. and Nh. were en route from Da Lat City to Bao Loc when V. lost control of the car on the Nau Sri Bridge in Bao Loc, causing the vehicle go over the side of the bridge. Both of V. and Nh. died at the scene. The 200m-long Nau Sri Bridge is an unfinished part of a bypass project south of Bao Loc, which has been under construction since August 2017 and carries a price … [Read more...] about 2 dead after car falls from bridge in Vietnam’s Central Highlands
Eaters enjoy train sounds at Hanoi pho joint
Open from 6 a.m. until 2 a.m. the next day, the shop is a favorite late night haunt for many of the capital's night owls. The restaurant's daytime set up of 7-8 tables expands with an additional 10 tables on nearby sidewalks during the busiest hours of 10 p.m. to 2 a.m. Up to 80 diners can dine at the shop during this time. Three sellers, 58-year-old Kim Oanh, her sister Kim Cuc, and the sisters' sister-in-law, manage the restaurant at No.3 Tran Phu Street. The business is separated into three distinct shifts, each of which is overseen by one of the trio. On average, the shop sells about 400 to 500 bowls of pho per day. According to Oanh, each shift she and her employees serve customers while simultaneously preparing food for the following day. The shop was opened by Oanh's grandfather to serve north-south train commuters in the early 1970s. The business was then passed on to her mother. After her mother passed away, Oanh and her sister took over the business in 1998. Duong … [Read more...] about Eaters enjoy train sounds at Hanoi pho joint
Poor couple seeks help to save ailing son
A poor couple in the central province of Nghe An is calling for community support to save their 18-year-old son who is on the verge of death. Ho Huu Khoa, 46, and his wife Le Thi Tien, 41, from Quynh Thanh Commune in Quynh Luu District, are taking care of their eldest child Ho Huy Cuong who had a recent stroke. Due to the family’s financial difficulties, Khoa had to work in construction after school to support his parents. Cuong is in dire need of support On March 11, Cuong suffered a headache and his mother bought some medicines for him. However, after taking the medicine, his pain did not ease. On the same day, he struggled with convulsions and was sent to Nghe An General Hospital. Because of his critical condition, he was taken to Bach Mai Hospital in Hanoi. Cuong was diagnosed with cerebral haemorrhage which needs surgery. But his parents couldn't afford the hospital fees, so he was taken back home for self-treatment. The couple has seven … [Read more...] about Poor couple seeks help to save ailing son