At a workshop on HCMC planning, Mr. Tuyen pointed out weaknesses in three phases including plan building, management and implementation organization. Currently, the Government considers plan adjustments every five years. If plan quality is good as in European nations, it will be no need to change up to a decade. In the upcoming time, HCMC will improve its planning quality to suit common development and extend adjustment period to ten years instead of five years as present. Mr. Tuyen said that HCMC would be able to do that because it has already had necessary tools. The city might get assistance from international consultants. Talking about development targets, Mr. Tuyen said that HCMC will continue developing Thu Thiem new urban area, settle relevant problems and make the area to be an international financial hub. HCMC now invites policy consultancy experts in attracting international financial sources. The municipal authorities are intended to develop smart cities in Districts 12 and … [Read more...] about HCMC faces challenges from planning weaknesses: city vice chairman
Vice chairman or vice chairman
Nguyen Cong Hung, vice chairman of the Vietnam Automobile Transportation Association (VATA), said at a recent meeting that it was incorrect to identify Grab as an electronic contract service firm. Hung said that legal experts have affirmed that Grab and other ride-hailing services are taxi services, and ordering a car service via a phone call or a phone app are only superficially different modalities. While some people believe that calling Grab a taxi service will hinder the development of technology, Hung disagreed. “Identifying a car service as traditional taxi or technology taxi will guarantee authorities management power and fairness in terms of their responsibilities. Whichever service applies technology will have higher profits,” he added. Echoing Hung, chairman of the Ho Chi Minh City Taxi Association, Ta Long Hy, said that any service which sets transport fee,s collects money and spends a large amount of money on discounts is a transportation service, and not … [Read more...] about Taxi or not? Vietnam debate rages over Grab status
Nguyen Huu Tin, former Vice Chairman of the Ho Chi Minh City People’s Committee, and seven other defendants have been prosecuted for their involvement in the Vu “Nhom” case. Former Vice Chairman of the Ho Chi Minh City People's Committee, Nguyen Huu Tin The Ministry of Public Security will investigate alleged relations between the eight defendants and Phan Van Anh Vu (also known as Vu “Nhom”), who was jailed for revealing state secrets. On September 18, 2018, the ministry’s investigation agency has issued a decision to start criminal proceedings for “Offences against regulations on the management and use of state-owned property that lead to losses or wastefulness” (Article 219 of Criminal Code 2015) in Ho Chi Minh City and “Offences against regulations on land management” (Article 229) in Danang. The authority also decided to prosecute the accused, put them under house arrest, and search their houses and workplaces … [Read more...] about Former people’s committee vice chairman and seven others prosecuted
At the court (Source: VNA) HCM City (VNA) – A 20-year prison term has been proposed for Pham Cong Danh, ex-Chairman of the Board of Directors of the Vietnam Construction Bank (VNCB), for his involvement in the case of “deliberately violating State regulations on economic management, causing severe consequences” at VNCB. The People’s Procuracy of Ho Chi Minh City proposed penalties for Danh and 45 other defendants on July 30. This is the second phase of the case and involves Danh (who is also Chairman of the Board of Members and General Director of Thien Thanh Group), Tram Be (former Vice Chairman of Saigon Thuong Tin Commercial JSB, also known as Sacombank), as well as 44 accomplices. In this phase, they are accused of causing economic losses of more than 6.1 trillion VND (263.73 million USD) to VNCB. The first phase involved losses of 9 trillion VND (389 million USD). The trial opened in January 2018, however on February 7, the court decided to … [Read more...] about 20-year prison term proposed for ex-Chairman of the VNCB
Mobile World leader to sell VND41 billion worth of shares After five years of being a member of Mobile World’s Board of Management, this is the first time Robert Alan Willett registered to sell a large amount of MWG shares. According to the Ho Chi Minh City Stock Exchange (HSX), Willett has just registered to sell 415,000 MWG shares to reduce his ownership to two million shares. The transaction will take place between July 11 and August 9. On the stock exchange, the price of MWG has decreased by 20 per cent over the last month to around VND100,000 ($4.4) from VND130,000-140,000 ($5.7-6.1). At this price, Robert Alan Willett could gain VND41.5 billion ($1.83 million). Willett is former CEO of BestBuy International. He become a member of Mobile World’s board of management in April 2013 and has been a member of Phu Nhuan Jewelry JSC (PNJ)’s board of management since April 2018. At the end of May, the two sisters of Nguyen Duc Tai, chairman of MWG, surprised the market by … [Read more...] about BUSINESS IN BRIEF 18/7
Nguyễn Thanh Hoá. — Photo tuoitre.vn By Khánh Vân Given their frequency, we should not be surprised, but we continue to be shocked each time an instance of corruption in high places comes to light. The latest such instance is the arrest of a former senior public security police officer on suspicion of involvement in one of the country’s biggest online gambling and money laundering cases. Nguyễn Thanh Hoá, former head of the Public Security Ministry’s Hi-tech Crime Police Department, was placed under arrest on Sunday for allegedly organising gambling, a crime under the Penal Code. Hóa’s hi-tech department was in charge of tackling illegal activity on the web, including online fraud and illegal betting. But now the Major General is in the dock for the very crime he was required to fight. Hóa, 60,was a very high ranked officer who’d gained repute for busting many cases of illicit online gambling, both … [Read more...] about Is our corruption glass half full or half empty?
Vietnamese Prime Minister Nguyen Xuan Phuc has issued warnings for the chairman and vice-chairman of the central province of Quang Nam as a form of discipline for their inappropriate recruitment and appointment of local administrative personnel. Dinh Van Thu and Huynh Khanh Toan, who are chairman and vice-chairman of the provincial People’s Committee for the 2016-21 tenure, have recently been warned by the head of government for their violations. Thu and Toan were previously sanctioned by the Party and the Central Inspection Committee. According to results of inspection, Thu, as the chairman of the Quang Nam administration and deputy secretary of the provincial Party Committee, appointed his two sons, Dinh Van Vu, 36, and Dinh Van Bao, 30, as officials of local departments. The two received their posts without having to pass mandatory examinations as promulgated in regulations on the recruitment of public servants. Thu also allowed the provincial People’s Committee to … [Read more...] about Vietnamese premier warns provincial chairman, vice-chairman for nepotism, favoritism
During his visit to the town on March 5, Hien praised Nghia Lo’s growth in trade and services, as well as its building of a smart town and maintenance of outstanding economic models. As a cradle of ancient Thai people’s culture, Nghia Lo should step up the promotion of its culture and people, he said, asking the locality to promote agricultural production towards high quality and pay attention to industry-craft industry. NA Vice Chairman Phung Quoc Hien presents gifts to local poor families affected by flooding in 2017. While building the town, Nghia Lo needs to roll out both a master plan and specific planning schemes of residents, embankments and roads, the legislator noted. He used the occasion to laud Nghia Lo’s performance in poverty reduction and settlement of natural disaster consequences. At the working session, Nghia Lo leaders proposed the legislature soon ratify the plan on administrative expansion for Nghia Lo in order to turn the town … [Read more...] about NA Vice Chairman pays working visit to Yen Bai
Workers pile up rice pallets at the Kien Giang Import and Export Company Limited in Kien Giang Province before shipments to regional markets. (Photo: VNA) Hanoi (VNS/VNA) - As 2018 brings newer and bigger free trade agreements (FTAs), Vietnamese enterprises are faced with tough choices. They can either adapt and move up the global supply chain, or stand by while imported goods flood the country’s market. Tran Thanh Hai, Deputy Director of the Ministry of Industry and Trade’s (MoIT) Import-Export Department, told Vietnam News Agency (VNA) that from 2018 onward, 85 percent of Vietnamese exports will be subject to significantly lowered tariff levels of zero to 5 percent. As part of the Government’s policy to increase economic self-reliance and promote sustainable imports and exports, exports of Vietnamese goods to FTA markets grew strongly in 2017, contributing 213.8 billion USD to the year’s turnover of 408 billion USD, per the MoIT’s data. Hai was … [Read more...] about FTAs: boon or bane for businesses?
As 2018 brings newer and bigger free trade agreements (FTAs), Vietnamese enterprises are faced with tough choices. They can either adapt and move up the global supply chain, or stand by while imported goods flood the country’s market. Tran Thanh Hai, Deputy Director of the Ministry of Industry and Trade’s (MoIT) Import-Export Department, told Vietnam News Agency (VNA) that from 2018 onward, 85 per cent of Vietnamese exports will be subject to significantly lowered tariff levels of zero to 5 per cent. As part of the Government’s policy to increase economic self-reliance and promote sustainable imports and exports, exports of Vietnamese goods to FTA markets grew strongly in 2017, contributing US$213.8 billion to the year’s turnover of $408 billion, per the MoIT’s data. Hai was optimistic that Vietnamese businesses will benefit more from bilateral and multilateral FTAs with partner countries such as Hong Kong, Japan and the Republic of Korea (RoK). … [Read more...] about VN’s FTAs: Boon or Bane?