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Kyung wha kang foreign minister

/ February 26, 2021

Retired deputy minister becomes bank president

VietBank’s president has unexpectedly resigned and his position has been transferred to a former government official. VietBank's chair of the board of directors Bui Xuan Khu VietBank has announced that Duong Ngoc Hoa resigned from the post of chair of the board of directors on February 23 and the office has been taken by Bui Xuan Khu, who was Deputy Minister of Industry Trade. Khu became a member of the bank’s board of directors in 2011 after he retired. Later, he acted as deputy chair of the board of directors until he was appointed president of the bank. Khu is the next former high-ranking official to become a bank president. Le Thi Bang Tam, former Deputy Minister of Finance, is now president of HDBank and president of Vinamilk. Tam joined Vinamilk in 2013 as an independent member of the board of directors. She has been president of the nation’s leading dairy producer since 2015 and president of HDBank since 2010. She is also a senior advisor to some foreign financial institutions. A lot of former government officials became businessmen after their retirement. Tran Xuan Gia, former Minister of Planning and Investment Tran Xuan Gia, became the president of ACB in 2008-2012. Gia, together with a lot of former senior managers of the bank, including Ly Xuan Hai, Le Vu Ky and Trinh Kim Quang, were investigated in a case related to Nguyen Duc Kien, or ‘Mogul Kien’. Kieu Huu Dung, former director of the Banks and Non-bank Credit Institutions Department, served as president of Sacombank in 2014-2017. He later became president of ACB Securities and president of Sacombank Securities. The other officials included Pham Viet Muon, who was Vice Chairman of the Government Office, Cao Sy Kiem, former Governor of the State Bank of Vietnam (SBV) and Truong Van Phuoc, former head of SBV’s Foreign Exchange Management Department. Former Deputy Minister Bui Xuan Khu, who joined VietBank in 2011, also has a lot of business experience as he was general …

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/ February 26, 2021

World News in Brief: February 26

* China and India should firmly follow the right path of mutual trust and cooperation between neighboring major countries, and not go astray with suspicion and distrust nor fall back on a road of negative retrogression, Chinese State Councilor and Foreign Minister Wang Yi said Thursday. Wang made the remarks in a telephone conversation with Indian External Affairs Minister Subrahmanyam Jaishankar, stressing that the two sides should maintain the strategic consensuses reached by their leaders. * As COVID-19 transmission rates seemingly decline across the European Region, the World Health Organization (WHO) Regional Director for Europe Hans Kluge expressed health concerns over "long-COVID" or "post-COVID" symptoms at a virtual press conference on Thursday. * Russian President Vladimir Putin discussed the situation in Armenia in a telephone conversation with Armenian Prime Minister Nikol Pashinyan on Thursday, the Kremlin said. * The Pentagon confirmed on Thursday that the US military had conducted airstrikes against infrastructure utilized by Iranian-backed militant groups in eastern Syria. The Pentagon called the operation a "proportionate military response" carried out after consultations with coalition partners. * China approved two more vaccines for public use, raising the number of domestically produced vaccines that can be used in China to four. * Japan on Friday is preparing to lift the state of emergency over COVID-19 for five prefectures where the situation has improved, although the Greater Tokyo metropolitan area will likely be kept under the emergency period for the time being, according to government sources. * The Department of Health (DOH) of the Philippines reported on Friday 2,651 new COVID-19 cases, the highest daily increase since Oct. 17 last year, bringing the total number of confirmed cases in the Southeast Asian country to 571,327. * Leaders of the European Union (EU) called for an accelerated production and delivery of COVID-19 …

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/ February 26, 2021

VIETNAM NEWS HEADLINES FEB. 26

Hanoi reports case of COVID-19 relapse A patient has tested positive for SARS-CoV-2 again after being given the all-clear, the Hanoi Centre of Disease Control (CDC Hanoi) said on February 25. The 48-year-old patient, who resides in Dich Vong ward in Cau Giay district, has been taken to the National Hospital for Tropical Diseases for further quarantine and treatment. The case does not pose any risk of community transmission, Deputy Director of CDC Hanoi Khong Minh Tuan said. Hanoi had reported 36 COVID-19 cases between January 27 and 12pm on February 25, according to the municipal Department of Health. Vice Chairman of the Hanoi People’s Committee Chu Xuan Dung said relevant agencies have been asked to assess infection risks and put forward solutions to reach the “new normal”./. Citizen protection provided to Vietnamese affected by record cold in Texas The Vietnamese Consulate General in Texas and Vietnamese representative offices in the US are keeping a close watch on the record cold temperatures in Texas, have appointed staff on-duty around the clock, and are coordinating with host authorities to conduct necessary citizen protection measures, Foreign Ministry spokesperson Le Thi Thu Hang said on February 25. Hang told reporters that a majority of the 300,000 or so Vietnamese people in Texas have been seriously affected by the record-breaking snow storm and cold spell, which cut power and water supplies. According to official information from Texas authorities, four Vietnamese Americans were killed in a fire in the state, Hang said, adding that the Vietnamese Consulate General in Houston has contacted Vietnamese people and students in the local area to offer support. People seeking help are advised to contact the citizen protection hotlines of the Vietnamese Embassy in the US and the Vietnamese Consulate General in Houston, or the Citizen Protection Call Centre of the Ministry of Foreign Affairs’ Consular Department./. Localities ordered to …

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