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Amy schumers

/ October 6, 2020

EVNHCMC to complete installation of electronic meters next year

A worker at HCM City Power Corporation checks electronic meters. (Photo: www.sggp.org.vn) HCM City (VNS/VNA) - The HCM City Power Corporation (EVNHCMC) plans to complete the installation of electronic meter s connected to a remote data collection system for all customers in the city next year. Under the Government's direction on the use of information technology, EVNHCMC is installing smart meters for Automatic Meter Reading (AMR) with the aim of having an Advanced Metering Infrastructure (AMI). As of September, the corporation had installed nearly 1.5 million electronic meters with the function of transmitting telemetry data, accounting for 56.7 percent of the total number of customers. Bui Trung Kien, deputy general director of the corporation, said the free replacement of existing meters aims to improve the quality of infrastructure and customer services. The electronic meters provide higher accuracy and can help monitor power consumption, resulting in power savings. They are also integrated with communication technologies to support remote automatic meter reading. Data collection by this method helps to monitor the operation status of substations and cables, and improves grid safety. “It will also improve labour productivity and reduce labour costs and risks of human errors,” Kien said. Workers' accidents on the job are also expected to be reduced. Nguyen Thi Hong Lien, a customer in District 10, said she now pays her electricity bill through customer service software on mobile phones. “It's convenient because my husband and I are really busy with work, and often go abroad for a long time, so no one is at home to make direct payments to EVNHCMC employees,” she said. Trinh Minh Long, a customer in Tan Phu district, said: “Through online payment, I can directly pay my electricity bills through internet banking." All electronic meters were bought by EVNHCMC through competitive bidding and are in compliance with current bidding …

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/ January 8, 2021

Trump finally promises transition as calls mount to remove him

Vice President Mike Pence and House Speaker Nancy Pelosi preside over a Joint session of Congress to certify the 2020 Electoral College results after supporters of President Donald Trump stormed the Capitol earlier in the day on Capitol Hill in Washington, DC on January 6, 2021. Members of Congress returned to the House Chamber after being evacuated when protesters stormed the Capitol and disrupted a joint session to ratify President-elect Joe Biden's 306-232 Electoral College win over President Donald Trump.(Erin Schaff / POOL / AFP) An unusually tame Trump, in a video he released on Twitter after a temporary suspension, condemned rioters who rampaged in his name through a congressional session that certified Biden's victory, although he did not go so far as to congratulate or even say the name of his successor. "This moment calls for healing and reconciliation," said Trump, in a jarring shift of tone a day after a grievance-fueled outdoor rally in which he encouraged thousands of supporters to march on the Capitol. "We have just been through an intense election and emotions are high, but now tempers must be cooled and calm restored," said Trump, standing before a lectern with the presidential seal. "A new administration will be inaugurated on January 20. My focus now turns to ensuring a smooth, orderly and seamless transition of power," he said. "Serving as your president has been the honor of my lifetime," Trump said, without explicitly conceding and insisting he was "fighting to defend American democracy." Trump's turnaround came as aides including one cabinet member resigned and the two top Democrats in Congress urged his immediate removal, fearing the damage he can still inflict in his less than two weeks left in the world's most powerful job. Biden, who won seven million votes more than Trump in the November 3 election as well as a decisive edge in the vital state-by-state Electoral College, declined to address demands for Trump's removal …

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/ March 8, 2021

Women in banking leadership: an exciting challenge

Illustrative image (Photo: VPBank) Hanoi (VNS/VNA) - Working in the financial field, particularly the banking sector, is not only challenging, but also interesting for Vietnamese women as it affects many aspects of their personal lives as they pursue higher positions. More and more women are taking part in banking work now since the businesses are growing stronger in Vietnam and around the world. Dang Chau Giang, head of Small and Middle Enterprise (SME) Marketing and Customer Service Department at VPBank, said that many female employees work for banks now, and more and more are promoted to middle management as they tend to be more careful and have unique ideas. “It provides decent jobs, decent incomes, and also an interesting experience. In this field, women are more careful and even more decisive,” Giang added. Research on listed companies in Asia and China conducted by International Finance Corporation (IFC) showed that companies with at least 30 percent of women on the board of directors see rates of return that are 2 percentage point higher than companies with all male boards. “We know that diverse leadership teams make better decisions. Diverse teams have a better ability to assess risk and a stronger record of innovation, leading to better business results,” Amy N. Luinstra, Gender Lead in East Asia Pacific of IFC, said. But not many get to senior positions and the board of directors. Women account for approximately 60 percent of banks' entry-level workforce, and as they progress along the career ladder, women hold one-fifth of top executive positions. “We face a lot of pressure. As entry-level employees, we have to finish our tasks on time. As managers, we have to reach business targets without violating internal regulations and creating conflicts,” Giang, who has 17 years of experience in banking and 11 years in management, said. “In general, the workload is always high so it is normal for employees to go home at 7 – 8pm. Not to …

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