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VIMC incurred losses for three consecutive years from 2012 to 2014, even on the verge of bankruptcy. The losses were attributed to hot development and prolonged recession of the world maritime market, as well as strong investment in its fleet. In addition, VIMC also accepted to receive loss-making businesses under the Shipbuilding Industry Corporation, increasing the burden of having to provide financial assistance to repair the old fleet and support the operation of the fleet, as well as handling vessels that have stopped working for many years. … [Read more...] about VIMC strives to become regional brand name

According to the Hanoi Metropolitan Railway Management Board, the showcase of the train was meant to be an act of celebration for the 13th National Party Congress next week, as well as a public announcement on the progress of the city’s metro line 3. … [Read more...] about Public guests get first look of Hanoi’s third metro tra

According to Di An Town Party Chief Bui Thanh Nhan, the town party committee has been determined to complete goals set at the Party Congress in the 2020-2025 term. Moreover, the party committee has been carried out breakthrough programs to get the recognition of the second-class town in the end of 2021 and the first-class town in 2025. … [Read more...] about Additional US$1 million fund established to aid startups in Binh Duong

Jakarta (VNA) - Indonesia is encouraging the creation of a safe and transformative digital ecosystem in support of the planned cooperation between ASEAN and Japan in the telecommunications sector, the country’s Minister of Communication and Informatics, Johnny G. Plate, has said. The cooperation will be directed towards the development of a digital community and economic block, which will hinge on technological service and a safe and transformative digital ecosystem, he affirmed during a virtual dialogue between ASEAN Digital Ministers and Japanese Minister of Home Affairs and Communication Masayoshi Shintani. The meeting took place on the sidelines of the first ASEAN Digital Ministers’ Meeting (ADGMIN), held from January 18 to January 22. Plate said the planned cooperation between ASEAN and Japan in information and communication technology will be in line with Indonesia's priority, including the development of 4G digital infrastructure across Indonesia, initial … [Read more...] about Indonesia supports safe, transformative digital ecosystem in ASEAN

Under Vietnam's Penal Code, sex workers are given a warning and fined VND100,000-300,000 ($4.26-12.78), while pimps and sex ring organizers can get between six months and five years in jail. … [Read more...] about Trans woman running $7,000 sex tours arrested in Hanoi