Viet Nam News George Burchett* When Xuân Diệu Street, on which I ride my motorbike every day, turns into a moving garden, I know spring has come and Tết is around the corner. Xe ôms (motorbike taxis) loaded with pots of kumquats, peach blossoms, pomelo trees of various sizes, from average to gigantic, move in both directions. Flower sellers push their baskets of beautifully arranged flowers on their bikes. The area of Tây Hồ (West Lake) where I live has many orchards, which grow mostly kumquat trees for Tết. Hà Nội’s Flower Market is also nearby. Add to this the fruit sellers with their seasonal offerings, and throughout the year one is treated to a spectacle for all the senses. But around Tết, it becomes an exotic explosion. The orchards on Đặng Thai Mai are crowded with customers choosing the perfect kumquat trees. They either carry those with them, or have them delivered. One has to admire … [Read more...] about Flower power in the air ahead of festival
Money power respect
Germany's financial supervisor urged Deutsche Bank Monday (Sep 24) to beef up its fight against money laundering, and for the first time used its power to embed an auditor at the country's biggest lender. Frankfurt-based BaFin "ordered Deutsche Bank to take internal security measures and respect its general duty of care for the prevention of money laundering and terrorist financing" AFP/Yann SCHREIBER Frankfurt-based BaFin "ordered Deutsche Bank to take internal security measures and respect its general duty of care for the prevention of money laundering and terrorist financing", the agency said in a statement. In a never-before-seen move, BaFin will also embed a "special commissioner" at Deutsche to evaluate and report on the bank's progress, it added. "We are in agreement with the BaFin that we have to improve these processes in the Corporate and Investment Bank further," a Deutsche Bank spokesman said. He added that the bank would work to meet its obligations with the … [Read more...] about German supervisor raps Deutsche Bank over money laundering
The two layers weigh in their opinion about the Sabeco-Thai Beverage conflict A case that may affect Vietnam’s reputation on global markets On April 23, Sabeco will hold its extraordinary general shareholders’ meeting, less than six months after it held the share auction that saw Thai Beverage as the only buyer. According to Vietnamese laws and Sabeco’s charter, a shareholder with more than 5 per cent of the stake must hold the shares for six consecutive months or more before they are entitled to appoint nominees to the board. In this case, as Thai Beverage only acquired 53.59 per cent of Sabeco’s shares last December, technically speaking, the Thai investor has not had the right to appoint and vote its representative to be on Sabeco’s board yet. But should there be an exception in this case? Thai Beverage clearly wants to gain control of Sabeco as soon as possible, having forked out almost $5 billion to buy the shares. This is evidenced in their … [Read more...] about Lawyer talk: can and should Thai Beverage gain control of Sabeco now?
Providing rural areas with sufficient power to ensure production (Photo:VNA) Phu Yen (VNA) – The central coastal province of Phu Yen recently allocated more than 120.5 billion VND (5.3 million USD) from the State budget to help its localities carry out the National Target Programme on Sustainable Poverty Reduction in 2018. The money will be used to develop infrastructure and production and expand poverty alleviation models in two mountainous districts of Dong Xuan and Song Hinh, 11 special difficult communes, 29 special difficult communes and 11 coastal impoverished communes. According to Vice Chairman of the provincial People’s Committee Phan Dinh Phung, the money will be used for important projects in each locality, with priority given to special difficult and ethnic areas. In addition, nearly 26,200 poor and near poor households and those just escaping poverty will benefit from the province’s preferential credit programme worth more than 615 billion VND (27.06 … [Read more...] about Phu Yen: More than 120.5 billion VND for sustainable poverty reduction
Twenty-seven more communes and wards this year join family medical practice A health staff member takes blood for testing at An Hòa ward health station in Cần Thơ City’s Ninh Kiều District. Source http://soytecantho.vn The Department of Health in the Mekong Delta city of Cần Thơ this year plans to expand a model of family medical practice clinics to 27 more communes and wards. Family medical practice clinics aim to provide comprehensive and continuous health care services to each local individual and family in order to reduce overcrowding of patients at city or central-level hospitals. These clinics are located at health stations in communes and wards. Each commune or ward has one health station. Cần Thơ aims to equip more than 80 per cent of its 85 health stations with these clinics by 2020. According to Dr Bùi Thị Lệ Phi, the department’s head, the city now has 18 commune-based health stations with family … [Read more...] about Social News 5/4 (Hourly Updated)