DIRS.INFO The most relevant business & tech news

☆ Tycoon’s death penalty in $12.5 billion fraud case highlights Vietnam’s corruption crisis
▼ + stars: | 2024-04-12 | by ( Heather Chen | ) edition.cnn.com time to read: +12 min

The scale of the fraud was said to be equivalent to roughly 3% of Vietnam’s economy. Though widely considered ceremonial, the presidency is one of the top three positions in Vietnam’s political hierarchy after the CPV’s Secretary General, currently Nguyen Phu Trong. In fact, the International Monetary Fund expects Vietnam’s economy to grow by 5.8% this year, compared to 4.6% for China. Their fate remains unclear, given the highly secretive nature of Vietnam’s political system. But Vietnamese political experts said a permanent appointment would not end the instability.

Persons: Truong My Lan, Van Thinh, siphoned, “, Eric Chu, Vietnam’s, Vo Van, Trong, Thuong, Vo Van Thuong, Richard A, Brooks, Nguyen Xuan Phuc, Pham Binh, Le Hong Hiep, Yusof, ” Hiep, ”, Thu, General Trong, Xi Jinping, ” Zachary Abuza, Salt Bae, Lam, ” Abuza, Nguyen Phu Trong, Evelyn Hockstein, Abuza, Bui Thanh Soh, ” Soh, Vo, Xuan, Thuong’s, Le Hong Organizations: CNN, Van Thinh Phat Holdings Group, Stock Commercial Bank, Reuters, SCB, Express, Communist Party, Institute, Crisis Group, National War College, Vietnamese Communist Party, Public Security, Vietnam, International Monetary Fund, Companies, Apple, Intel, Vietnam's Communist Party General, Yusof, Brookings Institution, “, Crisis Locations: Vietnam, Saigon, People’s, Ho Chi Minh City, Hong Kong, Duc, Singapore, Asia, China, Washington, “, London, Turkish, Hanoi, Bangkok

☆ Vietnam upgrades ties with Japan to highest level
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +2 min

Vietnam's President Vo Van Thuong speaks as he attends the Indo-Pacific Economic Framework (IPEF) Leaders event at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Brittany Hosea-Small/File Photo Acquire Licensing RightsHANOI, Nov 27 (Reuters) - Vietnam and Japan on Monday officially upgraded their relations to a "comprehensive strategic partnership" during a visit by Vietnamese president Vo Van Thuong to Tokyo. Vietnam has designated five other countries as comprehensive strategic partners, including China, India, Russia, South Korea and the United States. Japan is Vietnam's third-largest source of foreign investment and its fourth-largest trading partner, with bilateral trade reaching $50 billion last year. Vietnam and Japan, both embroiled in separate maritime disputes with China, in 2020 reached a $348 million Japanese loan agreement for Vietnam to build six patrol vessels.

Persons: Vo Van Thuong, Brittany Hosea, Vo Van, Thuong, Khanh Vu, Ed Osmond Organizations: Economic, Economic Cooperation, REUTERS, Rights, Monday, Japan, Honda, Panasonic, Bridgestone, Thomson Locations: Asia, San Francisco , California, U.S, Rights HANOI, Vietnam, Japan, Tokyo, China, United States, India, Russia, South Korea

☆ APEC's 'San Francisco Principles' on sustainability, inclusiveness
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +2 min

The so-called "San Francisco Principles on Integrating Inclusivity and Sustainability into Trade and Investment Policy" are aimed at considering "economic, social and environmental dimensions in a balanced way" in APEC members' policies. -- Strengthening data collection and research on trade and investment policies to monitor economic, environmental and social impacts. But the final language in the San Francisco Principles accounts for differences among the 21 diverse APEC economies that include China, the U.S. and Brunei. "Measures should consider economic, social and environmental dimensions in a balanced way, in line with economies' circumstances, and should not exacerbate inequalities." Reporting by David Lawder; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Yoon Suk, Fumio Kishida, Joko Widodo, Lee Hsien Loong, Vo Van, Bongbong Marcos, David Lawder, Chizu Organizations: South, Japan's, FRANCISCO, Asia, Economic Cooperation, Trade, Investment, APEC, San Francisco, Thomson Locations: Singapore, Vietnam, Vo Van Thuong, Philippines, China, U.S, Francisco, San Francisco, Brunei

Protests are expected throughout this week's Asia-Pacific Economic Cooperation leaders’ conference, which could draw more than 20,000 attendees, including hundreds of international journalists. San Francisco has a long tradition of loud and vigorous protests, as do trade talks. In 1999, tens of thousands of protesters took to the streets of Seattle during a World Trade Organization conference. San Francisco Police Department Chief Bill Scott said he expects several protests a day, although it's uncertain how many will materialize. “People are welcome to exercise their constitutional rights in San Francisco, but we will not tolerate people committing acts of violence, or property destruction or any other crime,” Scott said.

Persons: Joe Biden, Suzanne Ali, ”, Bill Scott, ” Scott, “, Biden, Xi Jinping, Rory McVeigh, Xi, Vo Van Thuong, Bongbong Marcos, Ferdinand Marcos, Nik Evasco, “ It's, Huizhong Wu Organizations: FRANCISCO, —, Sunday, Economic Cooperation, ’, APEC, Moscone Center, Palestinian Youth Movement, U.S, Hamas, Trade Organization, Protesters, Thai, San Francisco Police Department, Center, University of Notre Dame, United Vietnamese American Community of, International Coalition for Human Rights, Associated Press Locations: Israel, San Francisco, Asia, Francisco, Seattle, Chile, Thailand, Bangkok, China, U.S, Mexico, Brazil, Philippines, United Vietnamese American Community of Northern California, Vietnam

☆ China's Xi tells Vietnam not to forget roots of their friendship
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Kham/File Photo Acquire Licensing RightsBEIJING, Oct 20 (Reuters) - Chinese leader Xi Jinping told Vietnam's second-highest ranking official on Friday that both countries must not forget the "original intention" of their traditional friendship. China has traditionally strong ties with Vietnam since diplomatic relations were established in 1950, despite a brief war in 1979. "Faced with the ever-changing international situation and arduous domestic development tasks, the two countries must not forget the original intention of their traditional friendship," Xi told visiting Vietnamese President Vo Van Thuong. "The two sides should adhere to the principle of joint consultation," Xi told Thuong, adding that China and Vietnam should capitalise on their geographical proximity and industrial complementarity. There was no mention of any Xi visit in the Chinese state media readout of their meeting.

Persons: Wang Yi, Pham Binh Minh, Xi Jinping, Vietnam's, Xi, Vo Van, Nguyen Phu Trong, Thuong, Vladimir Putin, Joe Biden, Ryan Woo, Raju Gopalakrishnan Organizations: China's, Government, REUTERS, Rights, Beijing, Communist Party General, Reuters, Thomson Locations: Hanoi, Vietnam, Rights BEIJING, China, United States, Washington, Moscow, Beijing, France, Saigon

[1/2] Performers dance to welcome Vietnam's President Vo Van Thuong at Beijing Capital International Airport ahead of the Third Belt and Road Forum in Beijing, China, October 17, 2023. The conciliatory approach towards rivals as well as China's partners in the developing world comes as President Xi Jinping gets to grips with the most significant domestic economic problems seen in years. China has not changed its tone on every issue. It has not backed away from escalating maritime confrontation with the Philippines in the South China Sea. Stabilizing the U.S. relationship, including with a meeting between Xi and U.S. President Joe Biden at an upcoming Asia- Pacific summit, could give China breathing room.

Persons: Vo Van Thuong, Parker, Biden, Xi Jinping, Noah Barkin, Barkin, Cheng Lei, Xi, Chuck Schumer, Willy Lam, Huiyao Wang, Qin Gang, Li Shangfu, Joe Biden, Donald Trump, Zack Cooper, Don Durfee, Robert Birsel Organizations: Beijing Capital International, Forum, U.S, Initiative, Jamestown Foundation, for, Marshall, American Enterprise Institute, Washington, Thomson Locations: Beijing, China, San Francisco China, HONG KONG, WASHINGTON, Sri Lanka, United States, Asia, Europe, Australia, U.S, Zambia, Philippines, South China, Africa, for China

He'll also visit a Hanoi memorial honoring his late friend and colleague Sen. John McCain, who was held for more than five years as a prisoner during the Vietnam War . Biden met with Prime Minister Phạm Minh Chính, who also accompanied Biden to a quick drop by at a meeting of business leaders. Biden said the shift demonstrated how far bilateral relations had evolved from the “bitter past” of the Vietnam War. The North Vietnamese wanted to make a show of releasing McCain early as his father assumed command over the Pacific. Despite his experience in Vietnam, McCain was a strong advocate of restoring diplomatic relations with the country that had so badly mistreated him.

Persons: Joe Biden, He'll, Sen, John McCain, Biden, Phạm Minh Chính, Võ Văn Thưởng, Biden's, Nguyễn Phú Trong, Trong, Sidney McCain, McCain, McCain’s, ”, “, Democrat Barack Obama, John Kerry, Obama, ” Biden Organizations: U.S, White, Vietnam Airlines, Communist Party of Vietnam, cellmates, Navy, Senate, Republican, Democrat, Democratic, Joint Base Elmendorf Locations: HANOI, Vietnam, Hanoi, U.S, Arizona, Bac Ninh Province, China, Philippines, Malaysia, Brunei, Beijing, Asia, Hanoi , North Vietnam, American, Washington, Richardson, Anchorage , Alaska, New York, Washington and Pennsylvania

☆ Vietnamese Catholics travel to Mongolia to see pope, ask him to visit
▼ + stars: | 2023-09-02 | by ( Joseph Campbell | ) www.reuters.com time to read: +2 min

REUTERS/Carlos Garcia Rawlins Acquire Licensing RightsULAANBAATAR, Sept 2 (Reuters) - Vietnamese Catholics who flew thousands of miles to see Pope Francis in Mongolia had one message for the pontiff: They want him to visit their communist-run country too. It was announced on July 27 when the pope received Vietnamese President Vo Van Thuong at the Vatican. "I really hope that he will visit Vietnam in the short term," Pham said, mentioning the hope spawned by president's visit to the Vatican. "I cannot tell (you) my feelings right now, because I'm so happy," said Vo, seeing the pope for the first time. "Vietnamese people, we love him and are waiting for him to visit us in Vietnam."

Persons: Mai Anh, Peter, Paul Cathedral, Pope Francis, Carlos Garcia Rawlins, Cindy Pham, Ho, Vo Van Thuong, Pham, president's, Maria Vo, Francis, Joseph Campbell, Philip Pullella, Ros Russell Organizations: REUTERS, Catholic, Catholic Church, Thomson Locations: Vietnam, Ulaanbaatar, Mongolia, ULAANBAATAR, Saturday, France, Ho Chi Minh City, Vatican, Hanoi, Vietnamese, Philippines

☆ Vietnam parliament elects Vo Van Thuong as new state president
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +1 min

HANOI, March 2 (Reuters) - Vietnam's National Assembly on Thursday elected Vo Van Thuong as the country's new president, in a reshuffle of the country's top leadership amid a sweeping anti-graft campaign. In his first speech to the parliament as new president, Thuong said he will "resolutely" continue the fight against corruption. "I will be absolutely loyal to the fatherland, the people and the constitution, striving to fulfill the tasks assigned by the party, the state and the people," Thuong said in a statement that was broadcast on Vietnam's state television. Thuong was elected with 98.38% of the votes, according to the parliament's online portal. Reporting by Francesco Guarascio @fraguarascio, Khanh Vu and Phuong Nguyen, Editing by Ed Davies, Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

☆ Vietnam Communist Party nominates Vo Van Thuong as new president - sources
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

HANOI, March 1 (Reuters) - Vietnam's Communist Party has nominated Vo Van Thuong as the country's new president, two party sources said on Wednesday, following the sudden forced resignation in January of his predecessor as part of a sweeping anti-corruption campaign. Thuong, 52, is the youngest member of the party's Politburo, the country's top decision-making body, and is widely regarded as being close to General Secretary Nguyen Phu Trong, Vietnam's most powerful figure. Both the government and Communist Party said on Wednesday the party's Central Committee had agreed on a nomination for president, without naming the candidate. The president in Vietnam holds a largely ceremonial role, but is among the top four political figures in the country, together with the party's general secretary, the prime minister and the head of the national assembly. Speaking at a party meeting last month, Thuong said: "The people's lawful and legitimate interests must be the important starting point of all the Party's guidelines and policies".

Search resuls for: "Võ Văn Thưởng"

10 mentions found