Business Beat Ceiling scrap may create new deposit war (21-04-2008) by Thien Ly The market is likely to see a renewed deposit rate war between banks despite the efforts of all the parties concerned. While the Government, the Viet Nam Bankers’ Association, and the State Bank of Viet Nam have urged the commercial banks to keep the interest rates within the now-scrapped 11 per cent ceiling, many banks seek to increase the rates to attract more deposits. In the first quarter, deposits grew by only 5.5 per cent while loans outstanding were up 10.8 per cent. Many of the smaller joint stock banks continue to borrow heavily despite the very high inter-bank rates which have been continuously rising recently. On April 17, the inter-bank rate stood at 22 per cent. To raise more deposits, in the last two weeks, many banks have sought ways to get around the ceiling rates through promotions and bonuses. Some banks even quietly raised their rates up to 14 per cent in case of large deposits, … [Read more...] about Ceiling scrap may create new deposit war
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Screening of “Man on Wire” Wed 30 Jan 2013, 8 pm The Hanoi Bicycle Collective 44, lane 31 Xuan Dieu Str, Hanoi Come to the next session of Cinexin Hanoi this week with the screening of “Man on Wire”. On August 7, 1974, a 24-year-old French high-wire artist named Philippe Petit committed one of the most astonishing performance stunts of the late 20th century: he strung a thin cable in between the two towers of the World Trade Center and not only walked across, from one building to another, but did a nerve-wracking series of knee-bends and acrobatic movements on the cable, some 1,350 feet above the ground, before turning himself in. This occurred to the consternation and chagrin of Port Authority policemen, who immediately arrested Petit for the act — prompting many to dub Petit’s stunt “the artistic crime of the century.” James Marsh’s documentary Man on Wire revisits and recounts this chain of events some 34 years after they … [Read more...] about EVENTS SCHEDULED FOR JAN. 15-31 (daily updated)
What were they thinking? In the wake of last fall’s revelation that the National Security Agency had wiretapped German Chancellor Angela Merkel’s cell phone, the report of U.S. intelligence’s involvement in two other likely cases of spying on Germany is mind-boggling. Now the story has taken a dramatic new turn, with Germany expelling the CIA chief of station in Berlin — an almost unprecedented step by an ally. This unusual action reflects how seriously the Merkel government takes these spying allegations. What could the CIA hope to gain by infiltrating the BND, the German Federal Intelligence Service, knowing there was a chance that the operation might be exposed? What was worth this risk? U.S. President Obama and German Chancellor Merkel address joint news conference in the White House Rose Garden in WashingtonCIA and White House officials have said little to answer the question. But the fact that German industry has strong ties to both Russia and Iran … [Read more...] about U.S. spying on Germany: Making enemies out of allies, and for what?
A Night of Concert and Ballet – Changing of the Season 30 and 31 Mar 2016, 8 pm Hanoi Opera House 1 Tràng Tiền, Hà Nội Come to A Night of Concert and Ballet – Changing of the Season with the performance of: – Conductor: David Gomez Ramirez – Singers: Thang Long (Soprano), Anh Vu (Tenor), Tran Trang (Soprano), Kieu Tham (Mezzo Soprano), Phuong Dung (Soprano), Vu Nga (Mezzo Soprano), Manh Dung (Bariton),Thanh Binh (Soprano) And the Choir, the Orchestra, Dancers of the Vietnam National Opera and Ballet PROGRAM Part I: Opera “The Magic flute” – by W. A. Mozart Overture No. 2 Aria Papageno “Der Wogelfager bin ich ja” 3’00 Manh Dung No. 3 Aria Tamino “Dies Bildnis ist bezaubernd schon” 4’40 Anh Vu No. 4 Aria Queen of the night “Zum Leiden bin ich ausenkoren” 4’35 Tran Trang No. 5 Quintett: Papageno, Tamino, 3 Dame “Hm!hm!hm!” 6’30 Kieu Tham, Anh Vu, Tran … [Read more...] about WHAT’S ON MARCH 15-31 (DAILY UPDATE)
New Zealand has been spying electronically on its Pacific Island neighbors and Indonesia and sharing the intelligence with its international allies, according to documents released on Thursday. The documents, released by former U.S. National Security Authority contractor Edward Snowden and dating back to 2009, said New Zealand's electronic spy agency had intercepted emails, mobile and fixed line phone calls, social media messages and other communications in small Pacific states including Fiji, Samoa, Solomon Islands, and French Polynesia. The material gathered by the Government Communications Security Bureau (GCSB) was shared with the U.S. National Security Agency (NSA), which along with agencies in Australia, Britain, and Canada, make up the "Five Eyes" surveillance network. "They've gone from some selected targeting of the South Pacific states and other targets to a new stage of where they just hoover up everything," investigative writer Nicky Hager said on Radio New Zealand. "They … [Read more...] about New Zealand spying on Pacific neighbors and Indonesia: Snowden documents