An 18-year-old white gunman shot 10 people to death and wounded three on Saturday at a grocery store in a Black neighborhood of upstate New York, before surrendering after what authorities called an act of "racially motivated violent extremism." Authorities said the suspect, who was armed with an assault-style rifle and appeared to have acted alone, drove to Buffalo from his home several hours away to launch the afternoon attack that he broadcast in real time on social media platform Twitch, a live video service owned by Amazon.com. Eleven of the 13 people struck by gunfire were Black, officials said. The two others were white. The racial breakdown of the dead was not made clear. Court papers named the suspect as Payton Gendron of Conklin, a town of about 5,000 people in New York's Southern Tier region near the Pennsylvania border. He was arraigned hours after the shooting in state court on first-degree murder charges, which carry a maximum penalty of life in prison without … [Read more...] about Gunman kills 10 in live-streamed racial attack on New York state supermarket
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HCMC bolsters cooperation with Australian state
At the event in HCM City (Photo: VNA) He made the pledge while joining virtual talks with Premier of Victoria Daniel Andrews and the signing ceremony of an agreement on friendship and cooperation between the city and Victoria. Speaking at the event, the HCMC official expressed his delight at the thriving Vietnam-Australia relations, viewing them as the cornerstone of sound cooperation between the Vietnamese southern economic hub and Australian localities, including Victoria state. He thanked Victoria’s authorities for supporting and working with HCMC to prepare for the signing ceremony, hoping that after the event, the two localities will join hands to carry out cooperation plans and programs contributing to Vietnam-Australia ties in the coming time. Chairman of the HCM City People’s Committee Phan Van Mai holds the signed agreement. (Photo: SGGP) Mai affirmed that the southern city welcomes visits by authorities and businesses from the Australian state to explore … [Read more...] about HCMC bolsters cooperation with Australian state
North Korea’s Kim says COVID ‘great turmoil’ as 21 new deaths reported
SEOUL -- North Korean leader Kim Jong Un said on Saturday that the spread of COVID-19 had put the country in "great turmoil" and called for an all-out battle to overcome the epidemic, while 21 new deaths were reported for a day earlier among people with fevers. North Korea made an unprecedented admission of its first COVID outbreak this week, after claiming no infections for more than two years since the start of the pandemic, but there was no sign a rigorous testing or treatment campaign was under way. Given North Korea's limited testing capabilities, the numbers released probably represent a small fraction of total infections, which could lead to thousands of deaths in one of only two countries without a COVID vaccination campaign, according to experts. The country's ruling Workers' Party met for an emergency meeting and heard reports of about 280,810 people being treated and 27 overall deaths since a fever of unidentified origins was reported starting in late April, KCNA … [Read more...] about North Korea’s Kim says COVID ‘great turmoil’ as 21 new deaths reported
Vietnam targets 10 $5 bln state-owned firms by 2025
In accordance with a resolution to improve the effectiveness of state companies signed by Deputy Prime Minister Le Minh Khai, Vietnam will have at least 25 state-owned businesses with either a stockholder's equity or a market capitalization of $1 billion. Among these, at least 10 businesses must reach over $5 billion in capitalization. Within the next five years, these companies would contribute 5-10 percent more to the national budget compared to the 2016-2020 period. All state-owned businesses would shift their investments towards projects that utilize green technologies and reduce carbon emissions. State-owned businesses now account for around 0.08 percent of all businesses in Vietnam, but possess around 7 percent of assets and 10 percent of equity of all businesses in the market, according to the Ministry of Finance. They also account for around 26 percent of stockholders' equities and over 23 percent of the value of fixed assets and long-term financial investments of active … [Read more...] about Vietnam targets 10 $5 bln state-owned firms by 2025
United States widens ASEAN engagement
Vietnamese Prime Minister Pham Minh Chinh (left) met with US President Joe Biden, photo VNA All eyes were focused on last week’s US-ASEAN Special Summit in Washington D.C., where both sides demonstrated their closer ties across many sectors including global health security, climate change, sustainable development, maritime cooperation, human capital development, and education, as well as connectivity and economic engagement, and especially digital development. The US and ASEAN have reaffirmed their commitment to support digital development in the bloc so as to realise its vision “of a peaceful, secure, open, interoperable, reliable and resilient ICT environment”. The US vows to “support development of ASEAN’s digital infrastructure to drive robust, inclusive economic growth and prosperity; and promote development of a secure, resilient, and innovative 5G ecosystem as well as exchange views and experiences on cyber threats and on the regulatory framework and technical standards … [Read more...] about United States widens ASEAN engagement
Vietnamese premier rings bell to close trading session at New York Stock Exchange
Vietnamese Prime Minister Pham Minh Chinh stopped over the New York Stock Exchange (NYSE) as part of his U.S. visit on Monday (local time) and rang the bell marking the end of the trading session at ‘The Big Board.’ PM Chinh expressed his pleasure to visit the NYSE, the world's largest stock exchange in terms of market capitalization, and to ring the bell closing the trading session. The premier hoped that the NYSE will give support and share its experience to help promote the development of an effective and sustainable stock market in Vietnam, and build a mutually beneficial partnership with Vietnamese partners, contributing to enhancing the Vietnam-U.S. comprehensive partnership. On this occasion, he witnessed the signing of two cooperation documents in the fields of finance, banking, and investment between Vietnamese and American companies, including the cooperation document between the State Securities Commission of Vietnam and the NYSE on providing support for market … [Read more...] about Vietnamese premier rings bell to close trading session at New York Stock Exchange
US-ASEAN summit marks ‘new era’ for ties: Biden
Addressing the second day of a two-day meeting, Biden said "a great deal of history of our world in the next 50 years is going to be written in the ASEAN countries, and our relationship with you is the future, in the coming years and decades." The summit marks the first time that ASEAN leaders gathered as a group in Washington and their first meeting hosted by a U.S. president since 2016. The Biden administration hopes the effort will show that Washington remains focused on the Indo-Pacific and the long-term challenge of China, which it views as its main competitor, despite the crisis in Ukraine. "We're launching a new era - a new era - in U.S.-ASEAN relations," Biden said. Earlier, U.S. Vice President Kamala Harris told ASEAN leaders the United States would remain in the region for generations and stressed the need to maintain freedom of the seas, which Washington says is challenged by China. "The United States and ASEAN have shared a vision for this region, and together we … [Read more...] about US-ASEAN summit marks ‘new era’ for ties: Biden
PM visits New York Stock Exchange, holds roundtable with CEOs of int’l firms
Vietnamese Prime Minister Pham Minh Chinh (C) visits the New York Stock Exchange (NYSE) (Photo: VNA) In his meeting with NYSE leaders, the Vietnamese PM expressed his pleasure to visit the largest stock exchange in the world in terms of market capitalisation, and thanked them for the warm welcome and the privilege to ring the bell to end the trading session of May 16. PM Pham Minh Chinh meets with representatives of NYSE (Photo: VNA) PM Chinh stressed that Vietnam is cracking down on the violations of a few unscrupulous investors in the country’s stock markets to ensure its security, transparency, and sustainable development. He asked the NYSE to cooperate and share experience in developing an effective, sustainable stock market in Vietnam as well as realising the country’s ambition to successfully build a regional-level financial centre, foster the win-win partnership between the NYSE and Vietnamese agencies and companies, contributing to the development of the … [Read more...] about PM visits New York Stock Exchange, holds roundtable with CEOs of int’l firms
Eisai Vietnam opens new office and enters strategic partnership
The opening of Eisai's new office in District 3, Ho Chi Minh City The company’s new office is located in Saigon Giai Phong Tower, 432-438 Nguyen Thi Minh Khai street in District 3, Ho Chi Minh City. Eisai Vietnam also signed an MoU with the Vietnam Neurological Association to increase access to diagnosis and improve the quality of treatment for the Alzheimer's community up to 2025. Eisai Vietnam is a wholly-owned subsidiary of Eisai Co., Ltd. – a leading global research and development-based pharmaceutical company headquartered in Japan. Founded in 1941, Eisai Group currently has 46 companies and subsidiaries and more than 10,000 employees worldwide. Eisai's corporate philosophy is to think about patients and their families first and to increase the benefits that health care provides to address significant unmet medical needs. Eisai's corporate philosophy is to think about patients and their families first and to increase the benefits that health care provides … [Read more...] about Eisai Vietnam opens new office and enters strategic partnership
HCMC proposes new tuition fee from academic year 2022-2023
The HCMC Department of Education and Training announces a draft plan on new tuition fees that are expected to be applied from the academic year 2022-2023 in the city. Under the plan, the new monthly education costs will increase from VND60,000 to VND300,000 a student of Thu Duc City and districts across the city; and from VND30,000 to VND100,000 a student in rural residential areas of Binh Chanh, Hoc Mon, Cu Chi, Nha Be and Can Gio. Primary schools are free of charge. The above fee is the basis to support pupils of private primary schools or private students who are eligible for the policy of tuition fee exemption. HCMC has currently spent 20 percent of the State budget on education and training. However, this amount only ensures the basic costs for the teaching staff, but infrastructure investment, and professional activities. The new tuition fees are expected to ensure a fair in the education sector, contribution of families and students, and adjustment of the State … [Read more...] about HCMC proposes new tuition fee from academic year 2022-2023