Anti corruption raid

Vietnam is said to have been avoiding the usual recessionary trends across the Asian markets and is showing better-than-average growth. (Photo: VNA) New Delhi (VNA) – An Indian expert has highly valued Vietnam’s post-pandemic recovery in an article recently published on Moderndiplomacy.eu. In the writing, titled “Vietnam’s macroeconomic policy and post COVID recovery”, Prof. Pankaj Jha, Director of the Centre for Security studies at India’s Jindal School of International Affairs, cited the latest IMF reports as saying that Vietnam's real gross domestic product ( GDP ) in 2023 is estimated at 6.2%, and this clearly indicates Vietnam has been avoiding the usual recessionary trends across the Asian markets and is showing better-than-average growth. He noted with an inflation rate of less than 4%, it clearly shows that Vietnam is likely to emerge as a promising economy in Asia. If one looks into the core fundamentals of Vietnam following the COVID-19 pandemic, it … [Read more...] about Vietnam showing better-than-average growth: Indian expert

Four flight attendants of national flag carrier Vietnam Airlines who were taken into custody last week for transporting 11.4 kilograms of ecstasy and meth from France to Vietnam were released on Wednesday afternoon. According to Ho Chi Minh City investigators, there is no ground to file criminal charges against them. However, the case is still under investigation. Police said the flight attendants -- Vo Tu Quynh, Tran Thi Thu Ngan, Nguyen Thanh Thuy, and Dang Phuong Van -- did not know that they were carrying drugs. Last Thursday, customs officials at Tan Son Nhat International Airport in Ho Chi Minh City detected 8.4 kilograms of grey tablets and 3.080 kilograms of white powder, which are ecstasy and methamphetamine, in the four flight attendants’ carry-on luggage. The drugs were found in toothpaste tubes. Lieutenant General To An Xo, spokesperson of the Ministry of Public Security, told Tuoi Tre (Youth) newspaper that based on investigation results, relevant agencies … [Read more...] about 4 Vietnam Airlines flight attendants released after being caught transporting drugs

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

Leaw Boon Kiat, 36, Thong Joon King, 32 and Gan Ban Lee, 42, are being investigated for brokering illegal entry. The police are clarifying the involvement of the other three. Six Malaysians are at a police station in HCMC, March 2023. Photo courtesy of the police On March 12, the 30 Indonesians came to the Consulate General of Indonesia in HCMC to report about being smuggled into Vietnam and detained inside a building in Binh Thanh District. They were forced to masquerade as bank employees and other Indonesian authorities and make scam calls back to Indonesia to swindle money from people, the Indonesians said. When police raided the building in question, the Malaysians had already escaped, but officers later found six of them renting a room at the Tan Son Nhat hotel in Tan Binh District and arrested them. These people had already bought flight tickets, which were supposed to get them out of Vietnam on March 13. A house in HCMC's Binh Thanh District where … [Read more...] about 30 Indonesians held by Malaysian group in HCMC for phone scams

Fishing vessels of Bac Lieu province dock at Ganh Hao Estuary in Dong Hai district. (Photo: VNA) Bac Lieu (VNA) – The Mekong Delta province of Bac Lieu is determined to join the entire Vietnam in combating illegal, unreported, and unregulated (IUU) fishing and sustainably developing the fisheries sector for the sake of people and the country, Chairman of its People’s Committee Pham Van Thieu has said. With an annual catch of about 120,000 tonnes of seafood, Bac Lieu identifies fisheries as a key sector. Given this, it has been ramping up the fight against IUU fishing and obtained many encouraging results. Notably, it hasn’t recorded any fishing vessels infringing foreign waters since 2022. To achieve such results, the province has engaged the entire political system in taking measures against IUU fishing to help remove the European Commission (EC)’s “yellow card” warning. The provincial Department of Agriculture and Rural Development has coordinated with other … [Read more...] about Bac Lieu resolved to combat IUU fishing, sustainably develop fisheries

The report, released on March 20 to coincide with the International Day of Happiness, is published by the Sustainable Development Solutions Network. (Photo: pattayamail.com/) Bangkok (NNT/VNA) - Thailand has moved up one spot to rank 60th on the World Happiness Report 2023 , while Finland has maintained its position as the happiest country in the world for the sixth year in a row. The report evaluates 137 countries based on various criteria, including social support, income, expectations of a healthy life, and perceptions of corruption, to assess happiness levels. The report, released on March 20 to coincide with the International Day of Happiness, is published by the Sustainable Development Solutions Network. Participants from each country rated their level of happiness on a scale of zero to ten, with zero indicating complete dissatisfaction and ten representing complete satisfaction. Thailand scored 5.843, making it the third happiest country in Southeast Asia, … [Read more...] about Thailand improves rank on World Happiness Report 2023

The police in Ho Chi Minh City have busted a human trafficking ring involving Malaysian nationals that allegedly deceived 30 Indonesians for property appropriation in Vietnam. Six Malaysian suspects at the police station (Photo: Ho Chi Minh City Police) The Indonesian nationals said they had been incited by a group of Malaysian nationals to get employment in Vietnam. Upon arriving in Ho Chi Minh City, they were locked inside a building on 455 Binh Quoi street in Binh Thanh district where they were forced to hand in passports and phones and pretend to be bank employees and other Indonesian authorities making scam calls back to Indonesia in order to swindle money from people. Hearing about the news, the Ho Chi Minh City police raided the building, but all of the Malaysian suspects thought to be involved in the scam had fled. By profession, the police later arrested six of the suspects at Tan Son Nhat hotel. The Malaysians then confessed that they had already … [Read more...] about 30 Indonesians fall victim to Malaysia human trafficking ring in Vietnam