How governance can impose restrictions on corruption in both public and private sector institutions

Reporters take part in the third international press conference on May 21. — VNA/VNS Photo Tuấn Đức Thanh Hà HÀ NỘI — The SEA Games 31 is considered an event of solidarity in the spirit of fair play, according to the Organising Committee at the third international press conference on May 21 in Hà Nội. Many local and international reporters and journalists attended the conference chaired by deputy head of the Information and Communications Sub-Committee Lê Thị Hoàng Yến, who summarised and reviewed the regional sports meet's activities. "Almost competitions have been well organised in the spirit of fair play and sportsmanship. Olympic sports are run following clear rules and regulations while sensitive sports, including martial art performance events, are assessed fairly and objectively," said Yến, who is the vice chairwoman of the Việt Nam Sports Administration. "The chief-de-missions of all teams are satisfied with organising activities of the hosts. To date, we have not … [Read more...] about ‘Games held in spirit of fair play’: organisers

People register their vehicles at the Nha Be District's police department on May 21. The decentralization of license plate grant and vehicle registration to the levels of commune, town and district helps reduce people's travel and waiting time in registration procedures and license plate issuance instead of spending a lot of time going to the HCMC Road and Railway Traffic Police Department (PC08) under the Municipal Public Security Department. According to the HCMC Road and Railway Traffic Police Department, the police departments of districts of Binh Chanh, Cu Chi, Hoc Mon, Nha Be and Can Gio have been assigned to implement the work of registering and granting vehicle number plates, starting on May 21. Under the decision, police teams of 312 wards, communes and towns have been allowed to revoke the certificate of expired vehicle registration and license plate of outdated and damaged vehicles of collectives and individuals in the localities. The police department of Binh … [Read more...] about HCMC: License plate grant, vehicle registration at commune-level police stations

PANO - The Southern Women Museum is exhibiting 152 images and 84 objects highlighting weaving and dying methods and patterns of the traditional costumes of Cham, Khmer and other ethnic minority groups in the Truong Son-Central Highland region. The exhibition, opened on October 14th in Ho Chi Minh City, aims to honor women of those groups, who have been trying to preserve their traditional trade. It is also to introduce to visitors the groups’ cultures, and preservation of traditional trade, contributing to local socio-economic and tourism development. According to Nguyen Thi Tham, the museum’s manager, typical patterns on traditional costume of the ethnic minority groups feature the living environment, culture and rituals of each group. The exhibition opens for the public until February 1 st , 2015. Translated by Chung Anh … [Read more...] about Exhibition shows ethnic groups’ traditional handicraft

Partial results showed Morrison’s Liberal-National coalition had been punished by voters in Western Australia and affluent urban seats in particular. "Tonight, I have spoken to the Leader of the Opposition and the incoming Prime Minister, Anthony Albanese. And I’ve congratulated him on his election victory this evening," Morrison said, stepping down as leader of his party. Labor had yet to reach the 76 of the 151 lower house seats required to form a government alone. Final results could take time as counting of a record number of postal votes is completed. A strong showing by the Greens and a of group of so-called "teal independents," who campaigned on policies of integrity, equality and tackling climate change, means the makeup of the new parliament looks set to be much less climate-skeptic than the one that supported Morrison’s pro-coal mining administration. Center-left Labor had held a decent lead in opinion polls, although recent surveys showed the Liberal-National … [Read more...] about Australian PM Morrison concedes, ending nearly a decade of conservative rule

The market’s forward price-to-earning (P/E) ratio has declined from 14.1 to 10.9 since April, tracking the 23 percent drop by the benchmark VN-Index. The fund’s founder, Petri Deryng, said the crash came as "a complete surprise" as there was news of robust earnings growth and valuations were modest. Vietnam’s valuations are now irrational with a forward P/E ratio of 10.9 though Q1 earnings growth was 31 percent and the forecast for the full year is 19-29 percent, he said. Vietnam’s five-year historical rolling P/E has been 16.5, and even topped 20 during periods of strong earnings growth, he pointed out. "The outlook of the global stock markets cannot be ignored when assessing the possible timing of the bull runs of the Vietnamese market, but at these valuations Vietnam offers a stable economy and extremely cheap stocks," he said in a note published Thursday. Vietnam’s stock market was affected by the conflict in Ukraine and the fall of the Nasdaq, but the crash was mainly … [Read more...] about Vietnam stocks ‘extremely cheap’: Finnish fund

A representative of the HCM City Labour Confederation presents bank savings books to workers suffering from occupational accidents and diseases in District 5 on Friday, May 20. — VNA/VNS Photo Thanh Vũ HCM CITY — Regular communication and training in occupational safety is vital to ensure better working conditions and health protection, reducing workplace accidents, a senior labour leader says. Phạm Chí Tâm, deputy chairman of the HCM City Labour Federation, said at a conference held in the city last Friday (May 20) that it was necessary that the work on occupational safety and health in agencies, units, and business establishments becomes a “habit.” HCM City is among localities in the country with the highest number of work-related accidents. However, it has been making progress in this regard, the conference heard. Last year, the city recorded 544 occupational accidents, down 45.9 per cent over the previous year. These resulted in 549 deaths and injuries, a year-on-year … [Read more...] about HCM City should do more to reduce occupational hazards: conference

In April, Viet Nam's cashew exports reached 49,000 tonnes, earning US$290 million. — Photo dangcongsan.vn Enterprises should prioritise investment in developing value-added cashew products to avoid losing its market share instead of only focusing on wholesale, according to experts. Viet Nam's cashew nut is dominant in the EU market, however, it is mainly raw material and there are very few processed products, especially roasted and spiced products according to the taste of EU customers. Meanwhile, products made from cashews, especially spiced cashews, chocolate covered cashews, cashew milk, and cashew yoghurt, are becoming more and more popular for EU consumers because they are healthy alternative foods. “Diversifying cashew products has also pushed the demand for those products up in the EU market. Domestic enterprises need to have market research and investment in the processing stage to maintain their market shares in this market," Vu Anh Son, a representative of the Viet … [Read more...] about Viet Nam should prioritise value added cashew products for EU market