Kyoei Steel is working hard to buy Vietnam Italy Steel (VIS) shares while VIS is operating at a loss, raising the question - what does the Japanese steel producer expect to gain from a loss-making firm? What does Kyoei hope to gain from loss-marking Vietnam Italy Steel? Most recently, Kyoei registered to purchase an additional two million shares of VIS. The transactions are expected to be carried out between July 19 and August 16, 2018. Once successful, Kyoei will increase its ownership in VIS to 70.42 per cent from the existing 67.7 per cent. In early July, Kyoei completed the purchase of another two million VIS shares via the put-through method to increase its stake in VIS to the current 67.7 per cent. Kyoei became the strategic partner of VIS in late 2017 after buying more than 14.7 million shares, or 20 per cent ownership, from previous shareholder of VIS – Thai Hung Company. In May 2018, the Japanese firm purchased another 33.2 million VIS shares from Thai … [Read more...] about What does Kyoei hope to gain from loss marking Vietnam Italy Steel?
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The website freedomhouse.org recently posted the Freedom in the World 2018 report, which maintained biased views and misleading assessments, despite many countries’ opposition. Statistics of the Next Web showed as of July 2017, Vietnam ranked seventh in the world in the number of Facebook users with 64 millionReleased on January 16, the report covers 195 countries, designating 88 countries as Free, 58 others as Partly Free, and the remaining 49, including Vietnam, as Not Free.The report says that Vietnam completely lacks freedom of expression, freedom of the press, freedom of access to information and internet freedom.However, all the content that Freedom House mentioned is opposite to reality in Vietnam, with the rights to freedoms ensured and protected.One piece of evidence is that the 2013 Constitution devotes chapter two to the rights and fundamental obligations of citizens, instead of the fifth chapter as it was in the 1992 Constitution.Lawmakers claimed this was not simply … [Read more...] about Freedom does not mean freedom of imposition
VietNamNet Bridge – Most of the teachers conferred the title of "merit teacher" or "people’s teacher" are managerial staff, while very few teachers who give lectures at school receive the honorable titles. LA, the headmaster of a prestigious secondary school in Quynh Luu district of Nghe An province, decided to stand as the candidate for the title of "merit teacher" this year. "I can satisfy all the set requirements to be eligible for the title. However, I was advised not to run for the title," she said. "Seniors told me that however hard I try, I will not be granted the title," she explained. "As I realized that I would not get support from higher authorities, I decided to give it up. The title "merit teacher" is just a dream." A high school teacher in Hanoi, who has devoted himself to the teaching job for the last 30 years, said he never dreamed of becoming a "merit teacher" or "people’s teacher", because the honorary title would not be granted to common … [Read more...] about The title of Merit Teacher – what does it mean?
What does joining WTO mean to youth? (10-11-2006) Tien Phong (Vanguard) newspaper spoke to students, academics and business leaders about how joining the WTO would benefit students and youth in Viet Nam. Hoang Trong Thanh, a student at Ha Noi National University: Joining the WTO will provide opportunities that are currently unavailable. However, Viet Nam will have to commit to becoming much more open in the next three to seven years. That will directly affect those who are currently studying. Most of us are of the opinion that greater integration into the world community will bring advantages, but it will also present challenges that must be overcome if we are to gain the most from WTO membership. There will be greater investment in the country, and that will mean more job opportunities. Current students are in the fortunate position of being able to witness both the pre-WTO membership era and the post-WTO membership era. Membership will mean more opportunities to study overseas. … [Read more...] about What does joining WTO mean to youth?
Winning the ACE award is indeed an honor, but it does not mean that Intel Products Vietnam is already on top of the mountain, the company’s General Manager said at the award celebrating ceremony at its headquarters in Ho Chi Minh City on Friday. The chip making company, based in Saigon Hi-tech Park, surpassed other 10 finalists around the world to win the ACE (Award for Corporate Excellence) in the large multinational enterprise category that was presented by Secretary of State Hillary Rodham Clinton at an event in Washington DC on November 28. … [Read more...] about ACE award does not mean mission accomplished: Intel VN