Interpol-wanted Vietnamese official Duong Chi Dung arrested Tuoi Tre News Wednesday, Sep 05, 2012 Vietnam police have captured Duong Chi Dung, a former director of the Vietnam Maritime Administration, on Tuesday, the Ministry of Public Security said Wednesday. Dung, 55, was nabbed reportedly in a Southeast Asian nation, and then extradited to Vietnam by the [Read on …]
4,100 Saigon street food meals “At Risk” I’ll try to keep this diversion from talking about Saigon street food brief. I want to get back to actually eating Saigon street food and reporting back to you about those eating adventures. But with 4,100 of my future Saigon street food meals potentially threatened, I could not [Read on …]
Vietnam political battles heat up as economy falters BY AGENCE FRANCE-PRESSE Posted on 08/26/2012 2:00 PM | HANOI, Vietnam – The arrest of one of Vietnam’s top banking tycoons reflects a wider power struggle among the Communist rulers over how to tackle the country’s deepening economic troubles, experts say. Flamboyant multi-millionaire Nguyen Duc Kien, a [Read on …]
Vietnam shocked by tycoon’s arrest Tuoi Tre News Tuesday, Aug 21, 2012 One of Vietnam’s most powerful tycoons Nguyen Duc Kien – a household name in the financial market and football industry – was arrested yesterday evening over unannounced economic reasons, sending shockwaves across the country. The arrest was confirmed by the General Police Department [Read on …]
By The Hanoist On April 5, Russian energy giant Gazprom plunged into the maritime dispute between Vietnam and China with the announcement it would help state-owned PetroVietnam develop a lucrative off-shore energy field. By taking a major stake in the 5.2 and 5.3 blocks located in the Nam Con Son basin, Gazprom brings both exploration [Read on …]
RESOURCE INVESTOR By Roman Baudzus April 12, 2012 The State Bank of Vietnam is instituting a de facto nationalization of Vietnam’s gold market, in an effort to restore confidence in the country’s currency – the dong. Vietnam is suffering from a growing current account deficit and record-high inflation. The government’s new measures will have unpleasant [Read on …]
Last Updated: Thursday, March 29, 2012 03:25:00 Known as “the coconut land,” the Mekong Delta province of Ben Tre will launch a week long festival featuring its characteristic fruit from April 4-10. One of the key activities at the 3rd Ben Tre Coconut Festival is a food and beverage festival that offers [Read on …]
Vietnam executives on trial over shipping scandal By Tran Thi Minh Ha | AFP News –March 27, 2012 10 hours ago Former top executives at a Vietnamese shipbuilder whose huge debts shook investor confidence in the communist nation went on trial on Tuesday for defying state regulations. State-owned Vietnam Shipbuilding Industry Group, better known as [Read on …]