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☆ Ho Chi Minh City’s first metro line opens after more than a decade of delays
▼ + stars: | 2024-12-22 | by ( Lilit Marcus | ) edition.cnn.com time to read: +2 min

Hundreds of people lined up for the chance to be among the first passengers to board Metro Line 1 as it began operations in Ho Chi Minh City on Sunday, according to state-run news agency Viet Nam News. People line up as they arrive at a metro station in Ho Chi Minh City on December 22, 2024. Trains will run daily between 5 a.m. and 10 p.m.A train of the Line 1 of the HCMC Metro is seen passing by residential buildings in Ho Chi Minh City. Construction on Hanoi’s second metro line is due to begin in 2025. There are also plans to connect Hanoi and Ho Chi Minh City by high-speed trains.

Persons: ”, Bui Xuan, Nhac Nguyen Organizations: CNN, Metro, Viet Nam News, Getty Locations: Ho Chi Minh City, Ben Thanh, AFP, HCMC, Nhac, Japan, China, Asia, Chi Minh City, Hanoi

MINNEAPOLIS (AP) — Minnesota jail workers ignored the pleas of a 41-year-old man who died of a perforated bowel after spending days begging to be taken to a hospital, with pain so severe that he was forced to crawl on the floor of his cell, according to a lawsuit filed Tuesday. Lucas Bellamy was treated like “he was subhuman, like he was an animal,” according to the suit filed against Hennepin County and Hennepin Healthcare in the U.S. District Court in Minneapolis. The Hennepin County Sheriff’s Office, which operates the jail, offered condolences to the family in a written statement but declined to comment on the lawsuit because it was just filed and is ongoing. During jail intake, he told staff that he had ingested a bag of drugs and was taken to Hennepin County Medical Center, known as HCMC, the suit said. Political Cartoons View All 253 ImagesThe Bellamy family’s attorney, Jeff Storms, showed the news media video of Lucas’ interactions with nurses and jail guards.

Persons: Lucas Bellamy, Bellamy, Jeff Storms, Lucas, Louis Bellamy, Paul, Storms, Keith Ellison, “ Lucas, ” Organizations: Hennepin, Hennepin Healthcare, Hennepin County Sheriff’s Office, Minneapolis Star Tribune, Hennepin County Medical Center, Penumbra, Minnesota Locations: MINNEAPOLIS, Minnesota, Hennepin County, U.S, Minneapolis, Hennepin, St

☆ Exclusive: Vietnam eyes China model to seek index upgrade, boost investment
▼ + stars: | 2023-10-25 | by ( Francesco Guarascio | Thomson Reuters | Francesco Leads A Team Of Reporters In Vietnam That Covers Top Financial | ) www.reuters.com time to read: +4 min

An investor sits in front of screens showing stock board information at a securities company in Hanoi, Vietnam July 6, 2018. That prevents many funds, investors and family offices from investing in companies listed there. MULTI-MILLION-DOLLAR PIEUnder the new plan, Vietnam would adopt a mechanism to settle payments on shares transactions that could meet the key requirement from FTSE for the upgrade. Active funds are estimated to have five times more investments in the FTSE emerging market, which could lead to far bigger gains for the HCMC market, which has currently a $179 billion capitalisation. Foreign investors need also to be consulted.

Persons: Le Thi Le Hang, Francesco Guarascio @fraguarascio, Lincoln Organizations: REUTERS, FTSE, Chi Minh City Stock Exchange, The bourse, State Securities Commission, Vietnam, Thomson Locations: Hanoi, Vietnam, China HANOI, China, Chi Minh, The, Indonesia, Philippines, Qatar, Sri Lanka, Kenya

The government in July committed to aiming for an upgrade to emerging market status in at least one major index by 2025. But infighting is delaying much-needed market reforms, three officials familiar with the discussions said. Trinh Nguyen from Natixis, an investment bank, said Vietnam's market regulations were holding back the upgrade, limiting access to more liquidity. Index provider MSCI published in June a long list of reforms Vietnam needed to apply before an upgrade could be considered. Both the FTSE and MSCI have publicly said that Vietnam's prefunding requirement and strict limits on foreign ownership of shares are among the main hurdles to an emerging market status upgrade.

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