Illustration by Đỗ Dũng Excerpt from the novel by Hồ Anh Thái In this particular state forest enterprise on an island off the Northeasterncoast of Vietnam where nearly ninety per cent of the workers are single women, there is not one who does not know the legend of Tan Dac. It goes like this. Tan Dac was a courageous general under the command of Tan Thuat (*) who was famous for the lightening nature of his attacks against the French colonialists. When Tan Thuat's insurrection was finally defeated, Tan Dac led the tattered remnants of his guerilla group to Cat Bac island. They established a base camp near the passage to the northeastern coast, and from there destroyed many of the enemy's ships. The guerillas were young, healthy and strong and their hatred for the French invaders boiled in their hearts and strengthened their determination to seek revenge for Tan Thuat. They slipped through the jungles and over the mountains, set … [Read more...] about The Woman on the Island
Banks open on veterans day
Jerusalem — Prime Minister Benjamin Netanyahu sought to form a right-wing governing coalition on Thursday (local time) after securing victory in a high-stakes Israeli election despite a strong challenge from a centrist alliance. The results from Tuesday's vote came despite corruption allegations against the 69-year-old premier and kept him on course to become Israel's longest-serving prime minister later this year. The allegations are likely to play an important role in coalition negotiations as many analysts expect Netanyahu to demand pledges from potential partners to agree to remain in his government if he is indicted. Netanyahu will rely in part on politicians of the nationalist right opposed to a Palestinian state to put together his government. His current government is already seen as the most right-wing in Israel's history, and his next is expected to be similar if not even further to the right. Netanyahu himself, in a campaign pledge just three days before polling day, … [Read more...] about Netanyahu looks to form right-wing government after victory
Mexico to face fierce competition from Vietnam: Mexican economists Mexican economists have shared the view that once the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect, Mexico will have to face fierce competition from Vietnam in many sectors, such as garments and textiles, leather and footwear, and electronic equipment. Arnulfo Gomez, a foreign trade expert, said Vietnam has successfully implemented a commercial strategy that helps improve the quality and competitiveness of its products on the international market by reducing spending on materials and applying technology in production. With such advantages, Vietnam has more capacity than Mexico to utilise opportunities generated by the CPTPP, he said. The experts suggested that the Mexican Government set forth new measures to raise the competitiveness of domestic businesses, thus avoiding adverse impacts from the deal. Statistics of the Mexican Ministry of … [Read more...] about BUSINESS NEWS IN BRIEF 16/12
Vietcombank's recent attemp to divest from Eximbank saw poor results On October 17, the Hanoi Stock Exchange (HNX) announced cancelling the auction of a batch of Eximbank (EIB) stocks owned by Vietcombank because no investor registered. This was Vietcombank’s second failure as on October 15, the bank also saw flat results in the auction of Military Bank (MBB) stock. The bank’s capital divestment from EIB and MBB were to match the State Bank’s Circular 36/201/TT-NHNN that regulates minimum safety limits and ratios in banking operations because Vietcombank’s current ownership in these two banks are above the regulated 5 per cent. Particularly, at the MBB stock auction, Vietcombank offered to sell 53.4 million shares at the starting price of VND19,641 ($0.85) apiece. After the deadline of placing deposits to purchase stocks, only 10 investors (five corporate and five individual) registered to buy a total of 5.9 million shares, equal to 11 per cent of the total … [Read more...] about Bank stock auctions less charming than before?
Viet Nam News PARIS — Legendary designer and bibliophile Karl Lagerfeld made a pitch for immortality on Tuesday by setting his very Parisian Chanel haute couture show in front of the Academie Francaise. The venerable institution, whose members are known as "the immortals", was the backdrop of the spectacular set of the banks of the Seine that Lagerfeld had built inside the Grand Palais in the French capital. Everything from the bouquinistes’ stands with their vintage Vogue magazines and books eulogising Chanel, to the Paris pavements and lampposts was recreated in staggeringly realistic detail. All it lacked to pass for the real thing was the tourist tat and a few beggars. Lagerfeld even roped in his godsons Hudson and Jameson Kroenig to play riverside booksellers with along with their father, the square-jawed American model Brad Kroenig. All, of course, were dressed in Chanel. Lagerfeld told reporters later that he can see the Quai Voltaire and the academies that … [Read more...] about Lagerfeld reaches for immortality with Chanel Paris show