by Thu Vân It was the stuff of action movies. Five unarmed men stepped in to foil a group of armed thieves as they were trying to unlock and steal a motorbike. A violent scuffle broke out, but, unlike in most movies, the heroes did not emerge winners, scathed or unscathed. Two of the do-gooders were killed and three others were seriously injured in the tragedy that occurred in HCM City last Sunday. The cops quickly apprehended the thieves/murderers, but Nguyễn Hoàng Nam, 29 and Nguyễn Văn Thôi, 42, died on the spot. The other three, dubbed the “Tân Bình District Knights,” were rushed to hospital in critical condition. These were not policemen or soldiers who died in the line of duty. They were “ordinary” citizens willing to put their lives on the line in order to fight the national scourge of crime. Tributes, commiserations and praise have flowed in for the two men who lost their lives and their injured comrades. … [Read more...] about We need to be vigilant about vigilantism
Quotes about earning money
VietNamNet Bridge - Chair of the board of directors of the Bank for Investment and Development of Vietnam (BIDV) Tran Bac Ha said the government has decided to restructure of debts of the Hoang Anh Gia Lai Group. Zing.vn has quoted BIDV’s Ha as saying that the commercial banks that are creditors of Hoang Anh Gia Lai have been asked to help debt restructuring. "It is the government, not me, which decided to restructure some debts for Hoang Anh Gia Lai," Ha told reporters on the sidelines of the conference on promoting tourism and investment in Lai Chau province on April 23. Hoang Anh Gia Lai Group is owned by Doan Nguyen Duc, one of Vietnam's most influential businessmen. The group’s financial report showed that its accounts payable have reached VND27.099 trillion, which included VND8.297 trillion is due in 2016. Of the total debts by December 31, 2015, short-term debts accounted for 31 percent. The group’s financial report showed that its accounts payable have … [Read more...] about What does the biggest creditor say about Hoang Anh Gia Lai’s debts?
VietNamNet Bridge - Unsatisfactory farm produce exports, low inflation rate, and low effects of foreign direct investment (FDI) to the national economy and slow state-owned equitization have been cited as the most serious problems facing the national economy in the second half of the year. The sharp fall in farm exports in recent months topped the list of the problems cited by Le Dinh An, a renowned economist, former director of the National Information and Socio-Economic Forecasting Center. "The government launched demand stimulus packages and offered preferential lending interest rates to the agriculture sector, but these still cannot help," he noted, adding that Vietnam, though the second largest rice exporter in the world, cannot earn much money from rice exports due to low export prices. Mot The Gioi quoted the Ministry of Agriculture and Rural Development (MARD) as saying that Vietnam exported $16.93 billion worth of farm and seafood produce in the first seven months of the … [Read more...] about Four concerns about Vietnam’s economy for second half of 2015
VietNamNet Bridge - Banking officers and air stewardesses are believed to have some of the highest incomes in Vietnam. Becoming a banking officer is the dream of many people. VietNamNet has quoted a report from Adeco as showing that high salaries are offered to all posts in the banking sector. The monthly income of VND20-40 million is considered "normal" in the banking sector. Senior payment officers receive about VND40 million a month. Meanwhile, normal payment officers have monthly incomes of between VND12 million and VND30 million. … [Read more...] about The highest-earning jobs in Vietnam
The Hanoi Times - The Ministry of Finance (MOF) has forecast overseas remittance - money sent by overseas Vietnamese - would reach $6.8 billion this year, with the majority of the sum arriving in the final months of the year. The sum of $6.8 billion estimated by the ministry, showed a slighter decrease in overseas remittance this year than in previous forecasts. In 2008, overseas remittance was $7.2 billion, or 8 percent of Vietnam's GDP. Overseas remittances, or kieu hoi, is understood as the money sent by overseas Vietnamese (Viet kieu) to relatives in Vietnam to support lives and business plans. Statistics regarding overseas remittances are closely watched by government agencies responsible for managing foreign exchange flows and the national budget. Statistics show that in the first six months of the year, Vietnam received $2.83 billion of overseas remittance. Meanwhile, overseas remittance service providers have all confirmed they have not seen sharp decreases in overseas … [Read more...] about Money sent “home” to Vietnam may reach 6.8 billion dollars