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
2 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
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
Vietnamese boxer outplays Spanish competitor to advance to world championship semifinals
Vietnamese boxer Nguyen Thi Tam trounced Spanish rival Laura Fuertes Fernandez 5-0 in the women’s 50kg quarterfinals to advance to the semifinals of the 2023 IBA Women’s World Boxing Championships in India on Wednesday. From the beginning of Wednesday’s match, Tam showed her dominance over Fernandez. Tam did not allow her opponent to approach while launching single and continuous attacks. With abundant physical strength and good stature, Tam confused the European No. 9 and took the lead in the showdown. In the first two rounds, Tam scored with straight punches and accurate hooks into Fernandez’s face, abdomen, and ribs to claim the absolute victory. In the third round, Fernandez tried to regain the balance but ended up being squeezed out by the Vietnamese boxer. At one point, Fernandez even failed to keep her composure and had an unsportsmanlike conduct against Tam, for which she was given a warning. In the end, Tam won 5-0 with the absolute points of 30 in all five … [Read more...] about Vietnamese boxer outplays Spanish competitor to advance to world championship semifinals
Vietnamese man brings organic agriculture to his village
A Vietnamese man has chosen to follow the newest agricultural trend which guarantees both profit and quality, with human health always in his mind. While most villagers in Son La Province, located in northwestern Vietnam, still rely heavily on pesticides when growing vegetables and fruits, 30-year-old Vu Xuan Thanh pioneers clean agriculture practices with his organic crops. The Na San region, near Son La’s airport, is where Thanh’s orange garden is located. Customers are often invited to visit, observe, and acquaint themselves with clean agricultural practices that are becoming Thanh’s values to guarantee safety and quality of the goods he sells. Thanh’s garden of one hectare is covered with orange trees with ripe fruits hanging off of the branches that look like orange polka dots on a green background from afar. All these oranges are waiting to be reaped and sold in Hanoi’s organic grocery store chain ahead of Tet, when many kinds of fruit are in high demand. Tet is the … [Read more...] about Vietnamese man brings organic agriculture to his village
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