By Thi Ha  May 1, 2019 | 09:28 am GMT+7 Workers fix power lines inside an alley in Saigon. Photo by VnExpress/Thanh Nguyen The ongoing heat wave has pushed electricity consumption in Ho Chi Minh City to its highest in 10 years. According to the Ho Chi Minh City Power Corporation (EVN HCMC), the highest power consumption on a day in April was measured at nearly 90.04 million kWh, a 10-year high, 2.5 times higher than the figure recorded on February 6 at 35.5 million, the lowest so far this year. Electricity consumption for last month is projected to reach 2.5 billion kWh, the highest in a decade. Higher than normal temperatures up to 40-42 degrees Celsius have led to the record-breaking power consumption as families and businesses have air conditioners and fans going at full blast. Electricity bills are set to go two or three times higher than last month, observers say. But many customers have also expressed shock and complained to the city’s power … [Read more...] about Heat wave sends Saigon power consumption to 10-year high
Comment perdre 10 kilos en 2 mois
More than 60.2 trillion VND raised from G-bond auctions
Illustrative image (Source: http://baochinhphu.vn) Hanoi (VNA) – The State Treasury of Vietnam has raised more than 60.2 trillion VND (2.6 billion USD) from G-bond auctions at the Hanoi Stock Exchange (HNX) since the beginning of this year. Some 5 trillion VND was mobilised at the HNX auction this week. G-bonds worth a total of 5.5 trillion VND were offered, including 1 trillion VND of seven-year bonds, 2 trillion VND of 10-year bonds, 2 trillion VND of 15-year bonds and 500 billion VND of 30-year bonds. The 10-year and 15-year bonds had annual interest rates of 4.72 percent and 5.05 percent respectively. The seven-year and 30-year bonds had no interest rates.-VNA … [Read more...] about More than 60.2 trillion VND raised from G-bond auctions
Vietnamese man nabbed with 10 kilos of meth from Laos
By Lam Son  February 11, 2019 | 06:47 pm GMT+7 Loc Van Duong, 47, is held at local police station for trafficking 10 kilos of meth from Lao into Vietnam. Photo by VnExpress/Lam Son A 47-year-old man of Thanh Hoa Province carrying drugs into Vietnam from Laos was detained Monday in a border area. Police officers and border guards carrying out an anti-drug trafficking operation in Thanh Hoa's Quan Son District, which borders Laos, questioned Loc Van Duong after his actions aroused suspicion. They found he was carrying 10 kilos of methamphetamine hidden in a jute bag. Duong told the police that he was hired by an unidentified Laos man to carry the drugs from Laos into Vietnam through the border gate for VND200 million ($8,607). He is being held pending further investigation. Vietnam is a key trafficking hub for narcotics in and around the "Golden Triangle," a lawless wedge of land straddling China, Laos, Thailand, and Myanmar that is the world's second largest … [Read more...] about Vietnamese man nabbed with 10 kilos of meth from Laos
10 years on, Việt Nam’s vision of strong sea-based economy faces rows of roadblocks
Fish is carried from boats at Cà Ná Fishing Port in Thuận Nam District, south central province of Ninh Thuận. — VNA/VNS Photo Công Thử Viet Nam News HÀ NỘI — Việt Nam is reaping the benefits of a national strategy laid out 10 years ago to garner riches from the country’s long coastline, over 3,000 islands and abundant water areas three times the size of its land mass. In 2007, the 10th Party Central Committee ratified the Việt Nam Maritime Strategy towards 2020. The strategy, and the myriad guidelines, policies and generous investment that have followed it have turbo-charged Việt Nam’s coastal economy, which includes tourism, fisheries, oil and gas, and other sectors reliant on the sea. However, a wide range of challenges stands in the way of the country reaching its primary targets: ensuring the sea-based economy accounts for 53-55 per cent of the country’s gross domestic product … [Read more...] about 10 years on, Việt Nam’s vision of strong sea-based economy faces rows of roadblocks
HCM City to return 10 kilos of gold to local man
Ho Chi Minh City People's Court has just asked the municipal people's committee to return 10 kilos of gold which they seized from a local gold trader in a civil case in 2014. In May 2014, Ho Chi Minh City's police seized 10 kilos of gold from Pham Duy Hieu, director of Anh Phuong Gold and Jewelry Company after the gold was verified as not being produced in Vietnam. Hieu was also given a fine of VND 15 million (USD 661) for trading trafficked goods. At that time, Hieu insisted that the ten gold bars weighing one kilo each are his personal property which was given by his mother-in-law to his wife and him at their wedding in 2008 and was not for sale. He eventually took the Ho Chi Minh City administration to court but his lawsuit was dismissed by a trial by the Ho Chi Minh City People’s Court on January 26, 2016. Hieu then lodged an appeal to the higher-level People's High Court of Ho Chi Minh City which ruled in his favour, requesting that the Ho Chi Minh City administration … [Read more...] about HCM City to return 10 kilos of gold to local man