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Representative of the Presidential Council of Box Hill Academy Laura Macpherson and KOTO instructors award certificates to trainees at a ceremony on June 21. — Photo KOTO Viet Nam's first social enterprise, KOTO, commemorated the graduation of 95 trainees at a ceremony in Ha Noi on June 21, celebrating years of training excellence. After being postponed for three years due to COVID-19, the 2022 graduation ceremony recognised 95 graduates from Class 34, 35, 36 and HER TURN Class 5. The event, themed “Resilience”, not only acknowledged the adaptability of KOTO and its people through the pandemic but also demonstrated its origins. “For the last 23 years, KOTO has always been resilient. We were a disruptor in our approaches to making a difference ahead of our time," said Jimmy Pham, KOTO Founder and Executive Chairman. "From combining business with charity, putting vocational education training to the forefront and making it relevant to instilling values in our trainees, so … [Read more...] about KOTO celebrates 2022 graduation

Eight people who took care of soccer legend Diego Maradona will be tried in Argentina courts for homicide, according to a ruling released on Wednesday following an investigation into his November 2020 death due to cardiac arrest. In the 236-page document seen by Reuters , the judge in charge of the case questioned "the behaviors - active or by omission - of each of the accused which led to and contributed to the realization of the harmful result." The ruling said that eight people including doctors, nurses and a psychologist who cared for Maradona at the time of his death are accused of "simple homicide," a serious charge that means taking a life with intent. A medical board appointed to investigate Maradona's death concluded in 2021 that the soccer star's medical team acted in an "inappropriate, deficient and reckless manner." Maradona was considered one of the greatest soccer players in history, though the diminutive player nicknamed "Pelusa" for his long mane of hair and … [Read more...] about Argentine courts to try Maradona doctors, nurses for homicide

LONDON -- Major global biodiversity loss could cause enough economic damage by the end of the decade to severely cut more than half of the world's sovereign credit ratings - including China's, the first major study on the issue has warned. The research published on Thursday by a group of British universities looked a range of scenarios, including one where a partial collapse of key ecosystems savaged nature-dependent industries such as farming and fishing that some economies rely on. It estimated that the detrimental impact would result in 58% of the 26 countries studied facing at least a one notch downgrade of their sovereign credit rating. As ratings affect how much governments have to pay to borrow on the global capital markets, the downgrades would result in between $28 to $53 billion of additional interest costs annually. "The ratings impact under the partial ecosystem services collapse scenario is in many cases significant and substantial," the report said, adding that … [Read more...] about Mass biodiversity loss would slash global credit ratings, report warns

The final design of Trần Hưng Đạo Bridge is a combination of an ancient and modern Hà Nội. — Photo from the organizer HÀ NỘI — Hà Nội’s People’s Committee has chosen the final design for the Trần Hưng Đạo Bridge, which will cross the Hồng (Red) River and connect three urban districts of the capital, after three months of consideration. Nguyễn Ngọc Tuấn, chairman of Hà Nội’s People’s Council, said on Tuesday that the final design was the one that won the first prize in a design contest held by the city’s Transport Construction Investment Project Management Board and the Việt Nam Association of Architects last October. According to the design, the main bridge will be 900m long with six spans. The project will have a total length of about 5.5km, connecting the districts of Hoàn Kiếm and Hai Bà Trưng to Long Biên District on the northern bank of the Red River. The bridge's starting point will be at the Trần Hưng Đạo-Trần Thánh Tông intersection in Hoàn Kiếm District, where … [Read more...] about Hà Nội finalises design of $375m Trần Hưng Đạo Bridge

Luu Trung Thai, vice chairman of the Board and CEO of MB stated that a cashless economy is a determinant of a modern and sustainable future The statement was made at a workshop themed Digital Transformation Towards a Cashless Society on June 17 in Hanoi. The framework of Cashless Day 2022 was organised by the Payment Department at the State Bank of Vietnam (SBV) and Tuoi Tre newspaper. The CEO made a presentation on the topic of Digital Transformation in the Baking Sector and MB's best practices. He placed a focus on the practical values that are brought about by digital transformation, including risk-free transactions for customers. Despite being a major challenge, security will receive more attention in the coming time. It will be enhanced to bring exciting and smooth customer experiences. Digital transformation not only optimises operations but also cuts costs and creates new investment opportunities, which lay the foundations for businesses to thrive in the future. … [Read more...] about Revenue remains a major concern for many commercial banks during digital transformation

This time of year, gardeners in Long Khanh, a city under Dong Nai Province in southern Vietnam, are busy harvesting ripe rambutans, durians, mangosteens, and jackfruits from orchards, pushing them to integrate garden ecology with tourism and gastronomy in order to attract tourists. From Phan Thiet City in the south-central province of Binh Thuan, it takes around two hours to reach Long Khanh City, where visitors may taste luscious fruits. A tourist picks rambutans at an orchard in Long Khanh City, Dong Nai Province, Vietnam. Photo: Duc Trong / Tuoi Tre On National Highway 1, particularly in the vicinity of the Tan Phong junction, it is simple for travelers to observe the thriving fruit commerce. Buses pass by this area frequently, allowing passengers to purchase fruits. Along the rural roads in Binh Loc, Bao Quang, Xuan Lap, and Bau Sen Communes are lush fruit gardens. A tourist picks mangosteens at an orchard in Long Khanh City, Dong Nai … [Read more...] about Check out these orchards in Vietnam’s Long Khanh City

A VND4.5-trillion (US$193.6 million) industrial park is set to be built later this year in the northern Vietnamese city of Hai Phong. The Hai Phong Economic Zone Authority (HEZA) organized a ceremony on Wednesday afternoon to grant an investment registration certificate for the construction of Tien Thanh Industrial Park in Tien Lang District. Construction of the new industrial park, expected to cost more than VND4.5 trillion, will begin later this year on an area of 410.46 hectares. The industrial park is expected to be put into operation before 2025. Speaking at the certificate handover ceremony, HEZA head Le Trung Kien stressed its determination in ensuring the project’s progress by creating favorable conditions for the developer. Once completed, Tien Thanh Industrial Park will increase the number of industrial parks in Hai Phong to 15 parks which span a total of 6,074.75 hectares. In the first six months of 2022, Hai Phong’s industrial parks and economic zones have … [Read more...] about Northern Vietnamese city to establish new US$193.6mn industrial park

Hanoi Metro, the operator of Hanoi’s Cat Linh-Ha Dong metro line, posted losses of over VND63.7 billion (US$2.7 million), inclusive of VND12.2 billion ($525,000) in corporate management costs, in 2021 since the metro line was put into service in November last year. The firm had already been operating at a deficit given the VND22.7 billion ($976,120) loss it incurred in 2020, prior to the metro line’s inauguration. According to its 2021 audited financial report, Hanoi Metro earned just VND5.3 billion ($228,220) from ride fares for the Cat Linh-Ha Dong metro line. During the year, its income from financial activities jumped 133 percent from 2020 to VND2.1 billion ($90,400). Its expenses, however, amounted to more than VND58.9 billion ($2.5 million), including VND43.7 billion ($1.88 million) in labor costs. This loss, plus its corporate management costs of VND12.2 billion, took Hanoi Metro’s total losses for the year to VND63.7 billion in 2021. Hanoi Metro’s total losses … [Read more...] about Hanoi’s first metro line posts over $2.7mn loss in 2021 audited financial report

The book Tren manh dat kien cuong ( On Resilient Land)  about Wayne Besant's life and work after seven years of living and working in Vietnam. The book Tren manh dat kien cuong ( On Resilient Land) published by the Ho Chi Minh City General Publishing House contains interesting and touching stories about Chief Executive Officer of AIA Vietnam, Wayne Besant's life and work after seven years of living and working in Vietnam. Wayne Besant was born in New Zealand. After graduating with an Honors Master in Social Sciences and a Master of Business Administration with distinction, in 2015, when it was Easter in New Zealand, Wayne Besant suddenly announced that he had received a new assignment in Vietnam, a country that was still really vague in his mind. Moreover, he had only 12 hours to confirm an offer to take up a mission in a new country. However, after seven years of living in this resilient land, he has had a chance to meet Vietnamese friends and traveled to 53 cities and … [Read more...] about Book writes about foreigner’s love for Vietnam

Party General Secretary Nguyễn Phú Trọng meets with voters from three districts of Hà Nội after the third session of the 15th National Assembly. — VNA/VNS Photo Trí Dũng HÀ NỘI — Party General Secretary Nguyễn Phú Trọng held a meeting with voters in three districts of Hà Nội on Thursday, where the public praised the Government's response to the COVID-19 pandemic and condemned recent corruption scandals involving medical supplies. The Party leader met with voters from Đống Đa, Ba Đình and Hai Bà Trưng districts after the third session of the 15th National Assembly. The meeting was also held online with 1,225 voters from 55 wards of the three districts. After being briefed about the 3rd session of the 15th National Assembly, voters strongly condemned acts of profiteering in purchasing medical supplies and equipment with the support of some cadres and Party members during the COVID-19 pandemic, which seriously affected people's trust in the health sector. Apart from reforming … [Read more...] about Party General Secretary Nguyễn Phú Trọng meets voters in Hà Nội