SpaceX, Netflix and Boeing are among the companies joining the "biggest-ever" U.S. business mission to Vietnam next week to discuss investment and sales opportunities in the booming Southeast Asian nation, the organizer said. More than 50 companies, including defence, pharmaceutical and tech firms, will participate in the mission organized by the US-ASEAN Business Council, an industry body, according to a list seen by Reuters. The delegation is a sign of rising interest in the global manufacturing hub, which is benefiting from a shift away from China amid Sino-U.S. trade friction. Vietnam, with a population of 100 million people, also has a rapidly-growing consumer market as its middle class expands. "This is the biggest-ever mission in Vietnam," said Vu Tu Thanh, the US-ASEAN Business Council's representative in the country, noting that the body had been organising these events for three decades. Streaming giant Netflix, which Reuters last month reported was planning to … [Read more...] about SpaceX, Netflix, Boeing to join ‘biggest-ever’ US business mission to Vietnam
Wrongfully accused netflix
Student accused of shooting two faculty members in Denver found dead
The student who was accused of shooting and wounding two faculty members at his Denver high school has been found dead near his vehicle in Park County. The Park County Coroners Office confirmed in a Facebook post that the body belonged to 17-year-old Austin Lyle, who shot faculty members as they were patting him down for weapons as part of a "safety plan" devised for the youth based on previous behavioral issues. The East High School student fled the shooting scene on foot immediately after Wednesday's violence, which unfolded just before 10 a.m. local time (1600 GMT). Denver Police Department had said in a tweet that a body was located near the suspect's vehicle, adding that the identity and cause of death would be determined by the Park County Medical Examiner's Office. "This particular student had a safety plan that was in place where they were to be searched at the beginning of the school day every day," Denver Police Chief Ron Thomas told reporters during a news … [Read more...] about Student accused of shooting two faculty members in Denver found dead
Netflix to establish legal entity in Vietnam
Netflix is making necessary procedures in order to establish its legal entity in Vietnam, said Josephine Choy, vice president and general counsel Asia Pacific at Netflix, during a recent meeting in Hanoi with Deputy Minister of Culture, Sports and Tourism Nguyen Thanh Lam. Josephine Choy, vice president and general counsel Asia Pacific at Netflix, meets with Deputy Minister of Culture, Sports and Tourism Nguyen Thanh Lam in Hanoi. She expressed the streaming giant’s hope that competent agencies in the country would create favourable conditions in order for Netflix to complete all procedures and find a legal entity locally in the near future. Lam for his part noted that with its potential in technology and content creation, Netflix would help fuel the development of the film industry and creative economy in Vietnam. He also requested that Netflix urgently set up a group to work closely alongside the Ministry of Information and Communications in order to regularly … [Read more...] about Netflix to establish legal entity in Vietnam
US businesses exploring investment, business opportunities in Vietnam
Illustrative image. (Photo: VNA) Washington (VNA) – Representatives of more than 50 US companies will visit Vietnam from March 21-22 to disc us s investment and business opportunities under an annual programme hosted by the US-ASEAN Business Council . Vu Tu Thanh, the council’s representative in Vietnam, said the body has organised these events for three decades, adding that this is the biggest ever mission in the country. Streaming giant Netflix , planning to open an office in Vietnam, and many other companies that already have business or production facilities in Vietnam such as Apple, Coca-Cola and PepsiCo as well as those intending to expand their operations in the Southeast Asian nation are among the participants. According to Thanh, some companies are interested in Vietnam as a manufacturing hub and provider of services, with its economic growth topping 8% last year. Among them is SpaceX which is looking to sell its satellite internet services to … [Read more...] about US businesses exploring investment, business opportunities in Vietnam
Largest-ever US business delegation seeks investment opportunities in Vietnam
The fact that the visit to Vietnam this time has the largest number of US companies ever indicates a shift in the investment wave to Vietnam and other ASEAN countries. A delegation of 52 US major corporations has come to Vietnam to seek investment opportunities and cooperation in high-potential fields such as innovation, the digital economy, and the space industry. Overview of the press briefing. Photo: HT The information was revealed at a press conference held by the US-ASEAN Business Council (USABC) on March 21, noting that the trip marks the 10th anniversary of the Vietnam-US Comprehensive Partnership. Senior executives from 52 U.S. companies, including Boeing, Lockheed Martin, SpaceX, Netflix, Apple, and Ford, will meet with Prime Minister Pham Minh Chinh, Chairman of the National Assembly Vuong Dinh Hue, and heads of various ministries to discuss policies related to sales, supplies, and investment opportunities. Ted Osius, President and CEO of the … [Read more...] about Largest-ever US business delegation seeks investment opportunities in Vietnam
Vietnamese man wanted by FBI for allegedly engaging in $3bn Bitcoin laundering
The Federal Bureau of Investigation (FBI) under the United States Department of Justice is hunting for Minh Quoc Nguyen, a Vietnamese national, for his alleged involvement in the laundering of US$3 billion worth of Bitcoin. Minh Quoc Nguyen is wanted for his alleged direct involvement in stealing identities and engaging in money laundering activity in furtherance of obfuscating and facilitating the functionality of the ChipMixer service, the FBI said on its website. Through the conduct, he allegedly facilitated the laundering of $3 billion worth of Bitcoin. The U.S. Department of Justice also confirmed the charges against Minh Quoc Nguyen, accusing him of flouting financial regulations. He used to tell users of a Bitcoin forum, “Money laundering is a crime made-up by governments that spy on their citizens." According to the FBI, Minh Quoc Nguyen was born in 1973 in Quang Binh Province, north-central Vietnam. He used many aliases, including Minh Nguyen Quoc, Quoc-Minh … [Read more...] about Vietnamese man wanted by FBI for allegedly engaging in $3bn Bitcoin laundering
‘I’M BACK’: Trump returns to Facebook, YouTube after two-year ban
"I'M BACK," Trump exclaimed, alongside a 12-second video clip that appeared to show him giving his victory speech after winning the 2016 election saying: "Sorry to keep you waiting -- complicated business." The 76-year-old Republican leader -- who is running for president again -- has been unable to post any content for his 34 million Facebook followers and 2.6 million YouTube subscribers. The platforms benched Trump days after the January 6, 2021 insurrection, when a mob of his supporters seeking to halt the certification of his election defeat to Joe Biden stormed the U.S. Capitol in Washington. He was sanctioned for posting content that the platforms said incited unrest, with YouTube announcing his reinstatement on Friday, two months after Facebook said it was unlocking his account. The former reality TV star had spent weeks falsely claiming that the presidential election was stolen from him, and he was subsequently impeached for inciting the riot. "Starting today, the … [Read more...] about ‘I’M BACK’: Trump returns to Facebook, YouTube after two-year ban
Party high-ranking official urges building professional revolutionary press
Secretary of the Party Central Committee and head of its Commission for Information and Education Nguyen Trong Nghia (fifth from left) and other delegates at the booth of the Vietnam News Agency. (Photo: VNA) Hanoi (VNA) – Secretary of the Party Central Committee and head of its Commission for Information and Education Nguyen Trong Nghia on March 17 asked press agencies and journalists to stay resolved to fulfill the target of building a revolutionary press circle of professionalism, culture and modernity. In his opening remarks at the 2023 National Press Festival in Hanoi, Nghia suggested that more attention should be paid to personnel development in order to improve the efficiency of the popularisation of the Party’s guidelines and the State’s laws and policies. The sector needs to mirror national reforms, promote patriotic movements and highlight economic bright spots and prospects, thus raising public consensus and confidence in the leadership and management of the … [Read more...] about Party high-ranking official urges building professional revolutionary press
Georgian man detained for cheating Haiphong businessman
Police in the northern city of Haiphong announced on Friday that they had detained a Georgian man who was accused of swindling USD 30,000 from a gold shop in Le Chan District. Gia Sordia According to the police, the man Gia Sordia, 55, came to the gold shop on Cho Hang Street at 5.40 pm on February 27, and said he wanted to exchange Vietnamese Dong notes for US Dollar notes that were worth USD30,000. They used Google translations to communicate. The gold shop owner gave the foreign man USD 30,000 and he put the notes into three envelopes. While the shop owner wasn't paying attention, Sordia put the three envelopes into his pocket and replaced them with three other envelopes that looked identical. He then suddenly told the shop owner that he forgot to bring enough Vietnamese Dong notes and that he needed to go home to get them. To win the shop owner's trust, he put the three envelopes into his suitcase and left the shop before leaving the city. A while after … [Read more...] about Georgian man detained for cheating Haiphong businessman
Vietnamese, Lao security forces strengthen ties
Earlier, Phongvichit co-chaired the 13th Vietnam-Laos security cooperation conference in the central city of Da Nang on March 15. Lam hailed the successful organization of the conference with the signing of the minutes that covered new cooperation areas such as fighting cyber crime, wrongful and distorted allegations on social media, and State management on foreign non-governmental organizations that violate national security of the two countries. Vietnam has consistently maintained special friendship with Laos, and stays ready to help Laos overcome current difficulties, continue with socio-economic development, diversify and multilateralize foreign relations to improve its position and role within ASEAN, he said, adding that Vietnam is willing to help Laos ensure its security and order during its ASEAN Chairmanship Year 2024. Lam stressed that the Vietnamese Ministry of Public Security wants to work with the Lao counterpart to maintain independence, self-reliance, political … [Read more...] about Vietnamese, Lao security forces strengthen ties