Posts Tagged ‘ million ’

Vinashin says Elliott claim for $600 million loan share invalid 

January 25, 2012
Vinashin says Elliott claim for $600 million loan share invalid 

  Vinashin, the Vietnamese state-owned shipbuilder sued by Elliott Vin (Netherlands) NV for a portion of a $600 million loan, said the claim isn’t valid. Only the loan’s arranger and facility agent Credit Suisse AG Singapore Branch can enforce payment obligations on the instruction of the majority of the lenders, Vinashin, as Vietnam Shipbuilding Industry [...]

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Court secretary arrested for taking bribes 

January 19, 2012
Court secretary arrested for taking bribes 

  Police in the southern Vietnamese province of Dong Nai said a secretary in a local court has been detained  for allegedly taking bribes to help a defendant in an attack case receive a shorter jail term. Tu Ngoc Cuong was caught red-handed receiving VND15 million (US$720) from Pham Thi Diu, 25, at a local café on Monday, [...]

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US surgeon pulls off incredible feat 

January 18, 2012
US surgeon pulls off incredible feat 

  New lease on life – a Vietnamese man with a 198-lb tumor, a woman with tumors all over the body and another with several covering half her face look forward to bright futures Doctor McKay McKinnon (L) visited Nguyen Duy Hai, 32, on January 8, three days after his 82-kilogram tumor was successfully removed [...]

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World Bank provides Vietnam $973.5 mln for infrastructure, anti-poverty projects 

January 16, 2012
World Bank provides Vietnam $973.5 mln for infrastructure, anti-poverty projects 

  The World Bank agreed Thursday to lend US$ 973.5 million to Vietnam for three poverty reduction and infrastructure projects. The projects are the $613.5-million Da Nang – Quang Ngai Expressway, $210-million Medium Cities Development project, and the $150-million 10th Poverty Reduction Support Credit.  “It is the first time that the World Bank is financing an [...]

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Fuel to the fire 

January 15, 2012
Fuel to the fire 

  Siphoned gasoline replaced by other liquids by unscrupulous tank truck drivers may be the cause of car and motorbike fires Two men pumping liquid into a tank truck after spiriting hundreds of liters of gasoline. Low quality fuel is now considered the prime suspect responsible for the many car and motorbike fires over the [...]

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Iran sends rare letter to US over killed scientist 

January 15, 2012
Iran sends rare letter to US over killed scientist 

Iran's President Mahmoud Ahmadinejad speaks with journalists at Tehran's Mehrabad airport after his visit to Latin American countries January 14, 2012. Iran said on Saturday it had evidence Washington was behind the latest killing of one of its nuclear scientists, state television reported, at a time when tensions over the country’s nuclear program have escalated [...]

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Vietnam 2015 coal output to rise to 55-58 mln tons: gov’t 

January 14, 2012
Vietnam 2015 coal output to rise to 55-58 mln tons: gov’t 

  Vietnam aims to raise its coal output to 55-58 million tons in 2015 from an estimated 48.9 million tons this year in an effort to meet demand for fast-growing electricity production, the government said. Output is projected to rise to more than 75 million tons by 2030 thanks to the exploitation of new sites, [...]

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Vietnam hopes to clear UXOs in 100 years 

January 12, 2012
Vietnam hopes to clear UXOs in 100 years 

UXOs found in Quang Tri Province in north-central Vietnam More than one fifth of Vietnam’s total area is contaminated with unexploded ordnance (UXO) and it woud take 300 years to complete decontamination at the current pace, an official said.   However, concerned authorities are looking to reduce the period to 100 years, said major general Pham Quang [...]

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Education institutions fined for unauthorized courses 

January 11, 2012
Education institutions fined for unauthorized courses 

  The Vietnamese Ministry of Education and Training has hauled up four educational institutions, including a Singaporean one, and fined some of them for illicitly offering degree and higher-level courses though they are not licensed to do so. Raffles in Vietnam, a member of the Singaporean-owned Education Corporation, is permitted by the Ho Chi Minh [...]

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Vietnam ex-cops receive suspended sentences for torturing woman 

January 11, 2012
Vietnam ex-cops receive suspended sentences for torturing woman 

Tran Ba Tuan and Nguyen Dinh Quyet, both former investigators of Nha Trang’s police division, at a trial in the central province of Khanh Hoa on January 9. The duo received suspended sentences for torturing a theft suspect in 2010. Two former police officers in the central province of Khanh Hoa each has received a nine-month suspended [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...