Page 9 - Vietnam

Vietnam confirms arrest of writer Truong Huy San for Facebook post

Authorities in Vietnam announced Friday that they have charged prominent journalist and historian Truong Huy San with violating a national security law because of writing he had posted on Facebook, the website of the newspaper Tuoi Tre and other state media reported. The reports citing the Security Investigation Agency of the Ministry of Public Security said San, better known by his pen name Huy Duc, was charged with abusing the rights of freedom and democracy to infringe upon the interests of the State, the rights and legitimate interests of organizations and individuals. A lawyer, Tran Dinh Trien, was also charged under the same Article 331 of the Penal Code, according to the reports, which said both men were ordered detained for prosecution and that security officials were to carry out searches of their workplaces and homes. The offence is punishable by two to seven years in prison. Trien is a former deputy director of the Hanoi Bar Association who has been involved in many ...

Why is Nomura betting big on RIL, BEL, Exide, Sona BLW and Uno Minda?

As corporate capex picks up, it expects the Indian corporate sector to sustain 12 - 17 per cent earnings growth in the medium-term

Vietnam's top security official Lam confirmed as new prez, replaces Trong

Vietnam's top security official To Lam was confirmed on Wednesday as the nation's new president. He oversaw police and intelligence operations over a period when rights groups say basic liberties have been systematically suppressed, and its secret service was accused of violating international law. Lam was confirmed by Vietnam's National Assembly after his predecessor resigned amid an ongoing anti-corruption campaign that has shaken the country's political establishment and business elites and has resulted in multiple top-level changes in government. Vietnam's presidency is largely ceremonial, but his new role as head of state puts the 66-year-old in a very strong position to become the next Communist Party general secretary, the most important political position in the country, said Nguyen Khac Giang, an analyst at Singapore's ISEAS-Yusof Ishak Institute. Communist Party General Secretary Nguyen Phu Trong was elected to a third term in 2021, but at age 80, he may not seek another .

Apple supplier Foxconn among firms asked to cut power use in Vietnam

The request to Foxconn was an encouragement, not a requirement and has not had any impact on production, one of the people said

Indian Navy ship reaches Vietnam's Cam Ranh Bay, visit to strengthen ties

The Indian Naval Ship, INS Kiltan, arrived at Cam Ranh Bay, Vietnam, on Sunday, where it received a warm welcome from the Vietnam People's Navy and the Indian Embassy there.The visit is part of the Operational Deployment of the Indian Navy's Eastern Fleet, and is poised to further bolster the longstanding friendship and cooperation between India and Vietnam, the Indian Navy said."INSKiltan arrived at Cam Ranh Bay, #Vietnam & was welcomed by the Vietnam People's Navy & @AmbHanoi. The visit is part of the Op Deployment of the @IN_EasternFleet & will further strengthen the longstanding friendship & cooperation b/n the two maritime nations. The welcome ceremony was hosted by the #VietnamPeoplesNavy with an interaction with media," the Indian Navy wrote in a post on X.India and Vietnam share a comprehensive strategic partnership. Furthering the ties, the visit by the Indian Naval Ship Kiltan is focused on activities including professional interactions, sports, social

Gaza may be Biden's Vietnam but ready to battle Trump, says Bernie Sanders

In April, Bernie Sanders repeatedly stood shoulder to shoulder with President Joe Biden, promoting their joint accomplishments on health care and climate at formal White House events while eviscerating Donald Trump in a widely viewed campaign TikTok video. Then just last week, Sanders was bluntly warning that the crisis in Gaza could be Biden's Vietnam" and invoking President Lyndon B. Johnson's decision not to run for reelection as the nation was in an uproar over his support of that war. Such is the political dichotomy of Bernie Sanders when it comes to Joe Biden. They are two octogenarians who share a bond that was forged through a hard-fought primary in 2020 and fortified through policy achievements over the last three years. Now, in this election year, Sanders will be Biden's most powerful emissary to progressives and younger voters a task that will test the senator's pull with the sectors of the Democratic Party most disillusioned with the president and his policies, especial

Vietnam Parl chief Hue quits over violations in latest leadership upheaval

The statement said his resignation had been accepted and would be removed from the Central Committee and the powerful Politburo. It did not specify what the violations were

VinFast chief plans to invest $1 bn more from his fortune in EV maker

Pham Nhat Vuong also said Vingroup was considering listing its hospitality unit Vinpearl this year

After India and Vietnam, Apple looks to manufacture products in Indonesia

American tech giant does not have a manufacturing base in Indonesia, where iPhones and Apple computers have a strong following

Vietnam mounts $24 billion rescue plan for bank engulfed in giant fraud

The State Bank of Vietnam's previously unreported cash injections into SCB amount to 5.6% of the nation's annual economic output, or about one-fourth of Vietnam's foreign-exchange reserves

Apple to ramp up investments on suppliers in manufacturing hub Vietnam

Vietnam is already a key manufacturing hub for Apple and Cook was speaking while meeting Vietnamese Prime Minister Pham Minh Chinh, state media reported

Apple CEO Tim Cook wants to spend more on suppliers in Vietnam: Report

Cook arrived in Hanoi on Monday for the two-day visit during which he met suppliers, students, content creators and users of Apple products

Solo travel to countries like UAE, Egypt, Vietnam gaining footing: Report

More and more Indians are looking for solo travelling to countries like the UAE, Egypt, Singapore and Vietnam, a report said on Tuesday. Solo travellers represented about 65 per cent of visa applications for the UAE, 60 per cent for Egypt, 40 per cent for Singapore and 45 per cent for Vietnam, according to a report by online platform for visa applications Atlys. The report is based on visa applications submitted for processing for travelling during summer this year on Atlys platform. Atlys is a mobile visa application app that has e-visa mandate for over 133 countries. When it came to group tours, around 20 per cent of visa applications for such trips were for the UAE, 30 per cent for Egypt, 25 per cent for Singapore, and 20 per cent for Vietnam, it added. The report further found that men dominated the visa application scene, with 77 per cent applying for the UAE, and 71 per cent for Singapore. Meanwhile, 30 per cent of women travellers applied for Singapore visas and 25 per cen

ICG ship makes port call in Vietnam on overseas deployment to Asean nations

Indian Coast Guard ship Samudra Paheredar, a specialised Pollution Control Vessel, on Tuesday made a port call at Ho Chi Minh in Vietnam as part of its ongoing overseas deployment to theEAN countries, officials said. This deployment is a testimony to the ICG's commitment to "bolster bilateral relationships" and "enhance international cooperation" with friendly countries, the Defence Ministry said in a statement. "The deployment of Samudra Paheredar to theEAN region reflects India's shared concern and resolve towards marine pollution, promoting safety and security through maritime cooperation. Prior to Ho Chi Minh, the vessel had visited Manila, Philippines, to demonstrate a seamless continuation of diplomatic maritime engagements in theEAN region," it said. The ship is equipped with specialised marine pollution control equipment and a Chetak Helicopter in pollution response configuration, designed to contain and recover spilled oil and augment the operation. The ICG ship is on an .

Australian, Vietnamese PMs elevate their nations' economic relations

Australian and Vietnamese prime ministers on Thursday discussed ways of improving an already booming economic relationship, as part of Australia's strategy to diversify trade away from China. Vietnamese Pham Minh Chinh's official state visit came after he attended a summit of Southeast Asian leaders this week co-chaired by his Australian counterpart Anthony Albanese and Laotian Prime Minister Sonexay Siphandone. The Vietnam bilateral relationship has proved a success in Australia's hedge against Chinese economic moves. Australia says China's official and unofficial trade barriers have cost Australian exporters up to 20 billion Australian dollars (USD 13 billion) a year since 2020, though those steps have been relaxed gradually since Albanese's government came to power in 2022. Albanese said trade between Australia and Vietnam had increased 75 per cent in two years to USD 25.7 billion in 2022, the most recent year for which data was available. Vietnam had become Australia's ...

How realtor wove $12 billion tapestry of fraud - the biggest in Vietnam

The country's largest-ever fraud case is among a slew of high-profile proceedings following from the Communist Party of Vietnam's crackdown on corruption

How India is betting big on the global outsourced semiconductor play

The Cabinet today cleared two projects, the Tata's assembly testing and packaging plant (ATMP) and the Murugappa-owned CG Power with Renesas from Japan as its tech partner

SpaceX plan to provide communication svcs to Vietnam over Starlink on hold

A Vietnamese official confirmed that SpaceX and information ministry representatives had held several meetings from at least the middle of last year until November 2023

Vietnam imports husked brown rice from India for re-exports: Reports

Vietnam, the world's third biggest rice exporter, has imported at least 200,000 metric tons of husked brown rice from India between December and February, the sources said

VinFast kicks off Tamil Nadu unit construction, seeks cut in import duty

The project aims to evolve into a first-class electric vehicle production hub in the region, with an annual capacity of up to 150,000 units