Posts Tagged ‘ money ’

Money isn’t everything 

January 15, 2012
Money isn’t everything 

  Do Ngoc Tuan (R), 42, of Long An Province’s Ben Luc Town won more than US$300,000 after buying unsold tickets from vendor Pham Thi Lanh (L) Tuan’s equanimity in the face of such a change in his fortunes has made the news as much as the winning itself. Just as impressive is the story [...]

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Wall Street justice system is a kangaroo court 

January 14, 2012
Wall Street justice system is a kangaroo court 

  There has been a fair amount written recently about various institutional cartels that are thriving in the US despite antitrust laws designed to prevent their existence. My previous column compared Wall Street’s few remaining investment banks to a cartel, with explicit pricing power over its hundreds of thousands of customers, an advantage that will [...]

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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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Vietnamese police bust fake ATM card ring 

January 9, 2012
Vietnamese police bust fake ATM card ring 

  Ho Chi Minh City police have arrested one Vietnamese and three Malaysian men for allegedly using fake ATM cards to withdraw money from local banks. They are believed to be members of a transnational crime ring. The first arrest, of Co Kim Thach, a 39-year-old resident of District 5, was made on December 30, [...]

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Personal vehicle fee proposal greeted with skepticism 

January 8, 2012
Personal vehicle fee proposal greeted with skepticism 

  A Transport Ministry’s proposal to impose personal vehicle fees draws mostly negative reaction Traffic congestion on Ho Chi Minh City’s Xo Viet Nghe Tinh Street. A Transport Ministry’s proposal to impose personal vehicle fees has drawn skepticism about its feasibility to reduce traffic congestion in major cities. Experts have expressed doubts over the feasibility [...]

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Competition necessary to develop the arts 

December 31, 2011
Competition necessary to develop the arts 

   The Vietnam National Symphony Orchestra plays at a concert in Hanoi last February Graham Sutcliffe, who has been living in Vietnam for 20 years, is now conductor of the Vietnam National Opera Ballet. Previously, he was the conductor of the Vietnam National Symphony Orchestra in Hanoi and also worked in Ho Chi Minh City. [...]

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$20,000 fake money seized in northern Vietnam, gang busted 

December 28, 2011
$20,000 fake money seized in northern Vietnam, gang busted 

  Five people have been arrested in the northern Vietnamese city of Hai Phong for allegedly circulating counterfeit money, newswire Phap Luat TPHCM (HCMC Law) reported Tuesday. The city police and the Ministry of Public Security caught Le Thi Huong and Ngo Thi Mai red-handed with forged bills, it said. Huong reportedly confessed to officers that [...]

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3 arrested for siphoning off $6 mln from China Airlines 

December 22, 2011
3 arrested for siphoning off $6 mln from China Airlines 

Pho Vi Nhat, a former employee of China Airlines in Ho Chi Minh City, was arrested along with two current staff for allegedly stealing US$5.9 million from the airline Two employees of China Airlines’s representative office in Ho Chi Minh City and their former colleague have been arrested for allegedly stealing nearly US$6 million from [...]

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CME’s Duffy vs MF Global’s Corzine: A question of trust 

December 19, 2011
CME’s Duffy vs MF Global’s Corzine: A question of trust 

Terrence Duffy, executive chairman of the Chicago Mercantile Exchange (CME) Group. The drama over the meltdown of the brokerage firm MF Global pivots around a clash between two veteran traders who rose from relatively humble roots to the very top of the futures-trading business. One is Jon Corzine, the firm’s former CEO who just testified [...]

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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...