The 14th Shangri-La Dialogue ended in Singapore on May 31 with a message that dialogue is needed to build trust and transparency. German Defence Minister Ursula von der Layen said this is the first time German has joined the dialogue, which gives the country an opportunity to exchange experience and learn from other countries. She highlighted that transparency and trust building is key to cooperation, adding that together with security structure and mutual benefit they are the pillars for successful partnership. Sharing Layen’s opinion, New Zealand Defence Minister Gerry Brownlee said his country attaches much importance to the maintenance of peace, stability and prosperity in the region. Therefore, New Zealand wishes to engage more closely in regional security structure through bilateral and multilateral dialogues at all levels, he said. He also expressed concern on tension-causing acts on the East Sea, stressing that his country is willing to join hands in … [Read more...] about 14th Shangri-La Dialogue: dialogue to build trust, transparency
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Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Allianz Group's core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
Over 9,000 Mitsubishi cars recalled over fuel pump fault
Hanoi (VNA) – The Mitsubishi Motors Vietnam Co. Ltd (MMV) on January 18 began recalling 9,066 units of Xpander and Outlander models to replace fuel pumps. The recall covers 3,696 Mitsubishi Xpanders manufactured from August 21, 2019 to September 20, 2019, and 5,370 Mitsubishi Outlanders assembled between January 15, 2018 and July 21, 2019. The carmaker said the fuel pump inside the gas tank may stop working, leading to inability to start the engine or shut-down of the engine. It cited an investigation of Mitsubishi Motors Japan as finding that the inflated impeller inside of the pump might have caused it to touch the surrounding parts of the pump body and stop the pump from spinning, which can result in the engine inability to start or the engine stalling. For fuel pumps, the impellers are made of low molecular density plastic, so it is easily swollen under normal operating conditions. MMV will conduct a replacement campaign with the new improved fuel pumps for … [Read more...] about Over 9,000 Mitsubishi cars recalled over fuel pump fault
Da Nang students create robot that collects trash, answers tourist queries
Vietnam’s first AI Robot excites techies Tri Nhan, the first robot built in Vietnam with artificial intelligence (AI), is expected to be the future of teaching. With the ability to do maths, solve problems, and even read poems, the robot could one day become a teaching assistant. … [Read more...] about Da Nang students create robot that collects trash, answers tourist queries
Prices of E5 RON92, RON95 petrol products down slightly
- The Ministry of Industry and Trade and the Ministry of Finance on October 27 announced adjustments to retail prices of some petrol products, with the price of E5 RON92 and RON95 being cut by 159 VND and 182 VND per litre, respectively.E5 RON92 is now no higher than 14,109 VND per litre and of RON95 petrol no higher than 14,940 VND.RON95 by 138 VND per litre. … [Read more...] about Prices of E5 RON92, RON95 petrol products down slightly