Petrol prices see steep fall on November 6 The retail prices of petrol fell sharply from 3pm on November 6 following the latest adjustments by the Ministry of Finance and the Ministry of Industry and Trade. Accordingly, the price of E5 RON 92 declined 1,082 VND to trade at a maximum of 19,600 VND per litre, and RON95 dropped 1,138 VND in its price to a maximum of 21,065 VND per litre. Meanwhile, the price of diesel 0.05S went down 67 VND per litre to 18,644 VND. The prices of kerosene and mazut 180CST 3.5S remain unchanged and should not be higher than 17,086 VND and 15,694 VND per litre, respectively. The Ministry of Industry said that RON 92 was sold at an average of 78.7 USD per barrel globally half month ago, down nearly 9 USD from the previous period. Those of RON95 and diesel 0.06S were 80.52 USD per barrel and 92.27 USD per barrel, respectively. The price of Ethanol E100, which is used as the basis to calculate the price of biofuel E5 RON 92 after the elimination of petrol RON … [Read more...] about BUSINESS NEWS IN BRIEF 8/11
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Government News 27/7
NA Vice Chairman wraps up US visit NA Vice Chairman Do Ba Ty (R) meets US friends who have supported Vietnam in its past struggle for national liberation and current nation building cause The Vietnamese National Assembly (NA) will continue providing support for Vietnam’s overseas representative offices, affirmed NA Vice Chairman Do Ba Ty while talking to Vietnamese officials who are working in New York. Ty asked Vietnamese representative offices to update and study the host country’s commercial policies to submit appropriate response to the legislature. He met officials of the Vietnamese permanent mission to the United Nations and Vietnam’s representative offices, as well as correspondents of Vietnam News Agency and Vietnam Television in New York during his working visit to the city from July 26-27. Meeting several US friends, Ty recalled important milestones in the relations between Vietnam and the US. US friends, in turn, made proposals helping Vietnam carry … [Read more...] about Government News 27/7
Social News 26/7
VFF President extends sympathy over Laos’ dam collapse The collapse of the Xepian-Xe Nam Noy hydropower dam caused flash flooding in 10 villages in lower areas and completely isolated Sanamxay district. (Source: Attapeu Today) Tran Thanh Man, President of the Vietnam Fatherland Front (VFF) Central Committee, on July 25 sent a message of sympathy to President of the Lao Front for National Construction Central Committee Xaysomphone Phomvihane over the collapse of the Xepian-Xe Nam Noy hydropower dam in the Lao province of Attapeu on July 23. The Xepian-Xe Nam Noy hydropower dam burst at 20:00 on July 23, releasing 5 billion cu.m of water which caused flash flooding in 10 villages in lower areas and completely isolated Sanamxay district. Five out of Sanamxay district’s villages, namely May, Hinlath, NhaytheSanong Tay, Thasengchan and Thahin, were entirely submerged. The disaster has left at least 18 dead and about 200 people missing, and made over 1,300 families with 6,600 … [Read more...] about Social News 26/7
North Korea’s Kim planning China visit: Report
North Korean leader Kim Jong Un may visit China as early as Tuesday (Jun 19) to brief President Xi Jinping on last week's summit with US President Donald Trump, according to Japanese reports. China retains a strong influence in North Korea AFP/KCNA VIA KNS Kim is expected to fly into Beijing and security preparations are already underway, Japan's Nikkei business daily quoted sources familiar with the matter as saying. If confirmed, it would mark the third time Kim has visited China since March, when he made his inaugural foreign visit as leader. Citing diplomatic sources, Japanese news agency Kyodo said a "high-ranking North Korean official, possibly Kim" was due to visit Beijing by air. Kim is seeking relief from economic sanctions in return for his pledge to denuclearise and is believed to seek support from China for that, the Nikkei said in a dispatch from Beijing. Following the historic US-North Korea summit in Singapore exactly a week ago, China suggested the UN Security … [Read more...] about North Korea’s Kim planning China visit: Report
Vietnam welcomes footballers home as ‘heroes’ in wake of AFC U23 miracle
The Vietnamese team arrived at Noi Bai International Airport in Hanoi from Changzhou at 1:00 pm to the exciting welcome of everyone. A huge number of fans had lined the streets around the airport for hours to wait for the team’s plane to land. Deputy Prime Minister Vu Duc Dam was among those waiting for the squad at the airport. A water salute was given to their plane when it touched down, signifying a for-heroes reception for the players and coaching staff. A double-decker was dispatched to the airport to pick the team up and take them to the Government Office for a meeting with Prime Minister Nguyen Xuan Phuc the same day. PM Phuc had decided to present them with Government Certificates following their great achievement at the 2018 AFC U23 Championship. State President Tran Dai Quang has also approved PM Phuc’s proposals to award the First Labor Order the Vietnamese team, the Third Labor Order to goalie Bui Tien Dung and midfielder Nguyen Quang Hai, and the Third Labor … [Read more...] about Vietnam welcomes footballers home as ‘heroes’ in wake of AFC U23 miracle
Dispatch giving Vietnam students afternoon off to watch AFC U23 final a fake: ministry
Vietnam’s Ministry of Education and Training has requested an investigation into a fake dispatch asking schools to close this Saturday afternoon so students can cheer for Vietnam against Uzbekistan in the final game of the 2018 AFC U23 Championship in China. The bogus document, which went viral on social media on Wednesday, cited permission from the Vietnamese prime minister in requesting that education departments across the country allow students of all levels to skip school on Saturday afternoon for the game. “Students are to have the afternoon of January 27, 2018 off school to cheer for our national team. Make-up classes are to be arranged for a later date,” the fake dispatch wrote, according to a photo of the document uploaded to Facebook. The counterfeit dispatch bore the signature of deputy education minister Bui Van Ga, accompanied by the ministry’s official stamp, which allegedly was added to the photo using editing software. Nguyen Viet Loc, … [Read more...] about Dispatch giving Vietnam students afternoon off to watch AFC U23 final a fake: ministry
No survivors as Iranian tanker sinks engulfed in flames
Earlier, a Tehran official said there was no hope of saving some 30 missing crewmen before the ship sank, amid concern over an oil spill as Chinese officials played down fears of a major environmental disaster.The Sanchi, carrying 136,000 tonnes of light crude oil from Iran, had been burning since colliding with the CF Crystal, a Hong Kong-registered bulk freighter, on Jan 6.At around midday Sunday the ship "suddenly ignited", with the entire vessel burning fiercely and a pall of smoke between 800 and 1,000 metres (2,625 and 3,280 feet) high, China's transport ministry said, releasing dramatic pictures of the entire vessel obscured by thick black smoke.The ship later sank, the official news agency Xinhua cited the State Oceanic Administration as saying."There is no hope of finding survivors among the members of the crew," Mohammad Rastad, spokesman for the Iranian rescue team dispatched to Shanghai, told Iran's state broadcaster in Tehran before the tanker went down.Rastad said … [Read more...] about No survivors as Iranian tanker sinks engulfed in flames
Iranian oil tanker burns, 32 missing after collision off China’s coast
A tanker carrying Iranian oil and run by the country’s top oil shipping firm was ablaze and spewing cargo into the East China Sea on Sunday after colliding with a Chinese freight ship, leaving the tanker’s 32 crew members missing, the Chinese government said. Thick clouds of dark smoke could be seen billowing out of the Sanchi tanker, engulfing the vessel as rescue efforts were hampered by bad weather and fire on and around the ship, Mohammad Rastad, head of Iran’s Ports and Maritime Organisation, told Iranian television. The Sanchi, run by the country’s top oil shipping operator, collided with the CF Crystal about 160 nautical miles off the coast near Shanghai and the mouth of the Yangtze River Delta on Saturday evening, the Chinese Ministry of Transportation said in a statement. The Panama-registered tanker was sailing from Iran to South Korea, carrying 136,000 tons of condensate, an ultra light crude. That is equivalent to just under 1 million barrels, worth … [Read more...] about Iranian oil tanker burns, 32 missing after collision off China’s coast
North Korea reopens border hotline as Trump boasts of ‘bigger’ nuclear button
North Korea reopened a long-closed border hotline with South Korea on Wednesday, hours after U.S. President Donald Trump appeared to mock the North's leader by saying he has a "bigger and more powerful" nuclear button than he does. The North's decision to open the border phone line came a day after South Korea proposed high-level discussions amid a tense standoff over North Korea's missile and nuclear programmes. That followed North Korean leader Kim Jong Un's New Year address in which he said he was open to speaking with the South and would consider sending a delegation to the Winter Olympics to be held just across the border in Pyeongchang in February. U.S. officials said Washington would not take any talks between North and South Korea seriously if they did not contribute to denuclearising North Korea. A State Department spokeswoman said North Korea "might be trying to drive a wedge of some sort". Kim ordered the reopening of the hotline at the truce village of Panmunjom at 0630 … [Read more...] about North Korea reopens border hotline as Trump boasts of ‘bigger’ nuclear button
Vietnam’s soft power: A view from Korea Most Recent News
In August 2014, I was dispatched to Vietnam to head the Korea Foundation Hanoi Office, an agency responsible for promoting mutual understanding and friendship between Vietnam and the Republic of Korea. Since beginning my work here, I have realized that examples of Vietnam’s implicit soft power can be found almost everywhere in the country. Although unpolished as of yet, if these rough pearls are polished, placed in a systematic order, and used for cultivating international friendships, the country will be able to enjoy more economic successes and strengthen its position on the global stage. In the eyes of a foreigner, one of Vietnam’s most obvious examples of soft power is its people. Or, to put it more specifically, soft power lies in the national character of the Vietnamese people. This is easily seen in the warm and appealing charm that endears the Vietnamese to anyone they encounter. The radiant and elegant smiles of women and the care free high school students having … [Read more...] about Vietnam’s soft power: A view from Korea Most Recent News