Around 200 wood-hunters are scouring a jungle in O Kha valley in the central province of Khanh Hoa to hunt for rare and precious ky nam and tram huong (agarwood) following a rumor that a large amount of ky nam worth millions of US dollars has been cultivated here. The above information was confirmed on Saturday by Dinh Ngoc Binh, deputy chairman of Khanh Son District People's Committee. Binh said the rumor has promoted about 700 people to rush to the O Khai valley on September 19 and 20 to search for the wood. Vo Ngoc Phi, police chief of Dai Dong commune in Dai Loc district in the central Quang Nam province, told Tuoi Tre on the same day that there is a fast-spreading news that a group of nine local men have cultivated seven kilograms of ky nam at a primeval forest in the O Kha valley in Khanh Son district which they later sold for VND55 billion (US$2.64 million). "This is a rumor because the men, who allegedly found ky nam, are currently not in the locality," Phi said. The … [Read more...] about Scores rush to jungle for million-dollar agarwood
20 million dollar homes
Floods affect 20 million people in Pakistan
Pakistan's Prime Minister Yusuf Raza Gilani said on August 14 that 20 million people have been affected by the country's floods, a much higher estimate than the UN's 14 million. He was addressing the nation during much muted celebrations of Pakistan's independence from the UK 63 years ago. The United Nations has confirmed at least one case of cholera among the victims in the Swat valley. Health workers have been stepping up their battle against waterborne diseases in the flood-hit country. In his address, Mr Gilani said 20 million were now homeless, although it was unclear how many of those people were temporarily forced to leave their homes and how many had lost their houses altogether. "Unfortunately, the recent unprecedented torrential rains and devastating floods have made more than 20 million people homeless, destroyed standing crops and food worth billions of dollars and washed away bridges, roads, communication and energy networks," he said. There were … [Read more...] about Floods affect 20 million people in Pakistan
Obama’s Million Dollar Hawaiian Vacation
Instead, Obama and his friends annually pool their money to pay for the rental of three luxury beachfront homes. The so-called "Winter White House" - or Kailua home that the president rents two weeks a year - can cost an estimated $3,500 a day. Nestled in three luxury beachfront homes just outside a local favorite surf spot on the pristine turquoise waters of Kailua Bay, President Barack Obama and his family and friends are enjoying a seemingly quiet Christmas vacation. They could have chosen a less expensive and more secure place to stay such as a beachfront home on the Marine Corps Base Hawaii - just a two-minute drive away from the Kailuana Place property where they are now. The president visits the military base daily to workout, bowl with his kids or enjoy the more private beach there. He also could have stayed at a home 15 minutes away on the beach fronting Bellows Air Force Base as President Bill Clinton did. Instead, Obama and his friends annually pool their money to pay … [Read more...] about Obama’s Million Dollar Hawaiian Vacation
Vietnamese bank CEO can earn up to 20 billion dong a year
VietNamNet Bridge - Bank chief executive officers (CEOs) are believed to be the people who have the highest salaries in Vietnam. A CEO reportedly earns 20 billion dong a year. There are about 50 operational joint stock banks in Vietnam and the same number of bank CEOs. … [Read more...] about Vietnamese bank CEO can earn up to 20 billion dong a year
Wood manufacturers struggle to reoccupy the home market
VietNamNet Bridge – Vietnamese wooden furniture manufacturers have vowed to reoccupy the domestic market, but they still do not know where they should start since they still have no distribution networks. Vietnam has been known in the world market as a big wooden furniture exporter with the export turnover of 4 billion dollars a year. However, their products cannot be sold in the domestic market. … [Read more...] about Wood manufacturers struggle to reoccupy the home market