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Still, they couldn’t prevent him from wasting away his life playing video games. Anh, a 38-year-old resident of Nam Tu Liem District in Hanoi, said he’s tried everything to stop his son from compulsively playing video games. A gamer is playing games in the middle of the night. Illustration photo by Pexels He promised to give the 12-year-old boy VND 50,000 (around $2.13) a day for each day he didn’t touch video games. His son agreed with the deal, but was then caught by his mother in the middle of the night: headphones on, swearing, and pounding the keyboard with his eyes glued to the computer screen. That night, Anh and his wife Truc beat their son. The following day, they secretly installed a surveillance camera in their son’s bedroom. With the help of it, they saw their son lying in bed with a blanket over his head playing video games on his mobile phone. They decided to take his phone away and change their computer’s password. Still, somehow, their son … [Read more...] about Parents battle children’s video game addictions

Faslink in collaboration with designer Lam Gia Khang introduced a fashion collection using eco-friendly materials such as fabrics made from bamboo, lotus stem, coffee grounds and mint fibres, and nano fabrics in HCM City on May 26. — Photo courtesy of the company Faslink, a pioneer in supplying green materials to the fashion industry, in collaboration with designer Lam Gia Khang, has introduced a fashion collection using eco-friendly materials such as fabrics made from bamboo, lotus stems, coffee grounds, mint fibres, and nano fabrics in HCM City last week. The collection includes "infiTec polo" shirts, the first shirts in Viet Nam that were woven using 3D knitting technology, a new fashion technology that helps optimise the production process, save costs and reduce material waste and CO2 emissions. In addition, Faslink also introduced a series of health-protecting and user-friendly products such as polo shirts using “cooling cafe” material with SPF100+ sun protection, “Offsun” … [Read more...] about Faslink introduces fashion collection with sustainable materials, innovative technology

Vietnam Space Week will be held in Hậu Giang and Bình Định provinces and HCM City from June 5 to 9. Organised by the two provinces, Thủ Đức City in HCM City and the HCM City Computer Association (HCA) with support from the US National Aeronautics and Space Administration, it will make Việt Nam the first Southeast Asian country to host such a NASA event. Visitors will have the chance to meet with US astronauts and experience space exploration and STEM (science, technology, engineering, and maths) educational activities. Michael Koetsier, vice president of client management at Skyrora UK Ltd, an orbital launch vehicle manufacturer focused on providing clients with low cost access to space for a range of satellites, said astronaut Mike Baker and flight surgeon Dr Josef Schmid would be in attendance. Baker was on four space missions, twice each as pilot and mission commander, and later became director of operations for NASA based at the Gagarin Cosmonaut Training Centre in Russia, … [Read more...] about NASA astronauts to take part in first Vietnam Space Week

Egroup's chairman Nguyen Ngoc Thuy has purchased Apax Holdings' bonds At a recent meeting with the National Assembly Standing Committee on the socioeconomic situation, Minister of Planning and Investment Nguyen Chi Dung said that increasing numbers of local enterprises have sold their properties to foreign businesses. The selling of assets and properties, or even entire businesses, has been common over the past year or two, with more businesses falling into difficulties and lacking capital. At the beginning of March, for example, the owner of the Dolce by Wyndham Hanoi Golden Lake Hotel in the heart of Hanoi put the hotel on the market at a starting price of $250 million. Nguyen Huu Duong, chairman of the hotel owner Hoa Binh Co., Ltd., said that the company's social housing project had not been granted construction permits, meaning a lack of cash flow and the need to sell off assets to ensure liquidity. “Many of the partners negotiating to buy our hotel are businessmen … [Read more...] about Foreign investors buying up local businesses

In the first quarter, Generali ’s gross written premiums increased to $23.76 billion – up 1.3 per cent – driven by robust growth in the property and casualty (P&C) segment – up 10.1 per cent. Life net inflows were entirely focused on unit-linking and protection, consistent with the group’s strategy. Meanwhile, its operating result rose to $1.9 billion, a rise of 22.1 per cent, mainly thanks to the strong contribution from the P&C segment, while the Life segment was resilient. The combined ratio improved to 90.7 per cent, down 5.6 per cent on-year. The excellent new business margin stood at 5.72 per cent, up 0.32 per cent against Q1 last year. Generali's adjusted net result grew substantially to $1.27 million, an increase of 49.7 per cent, reflecting the benefit of diversified profit sources. The extremely solid solvency ratio stood at 227 per cent, compared with 221 per cent in the financial year 2022. Generali Group CFO Cristiano Borean said, “The strong … [Read more...] about Generali confirms its extremely solid capital position