Major General Tran Ngoc Tho, Deputy Chairman of the Vietnam Association of Victims of Agent Orange and Dioxin and President of its Ho Chi Minh City branch, has sent a letter asking a U.S. court to reverse its earlier ruling in an Agent Orange case. Tho argued that the jury's ruling in the U.S. federal court of San Francisco on March 19, 2019, which decided that Monsanto's weed killer Roundup causes cancer. It ordered Monsanto to pay around $81 million to 70-year-old Edwin Hardeman of California, who has been diagnosed with non-Hodgkin's lymphoma. The major general also cited another case where a San Francisco court in August 2018 awarded a compensation of $289 million by Monsanto to Dewayne Johnson after he was diagnosed with cancer resulting from long-term exposure to Roundup and herbicide Ranger Pro produced by the company. While U.S. victims of Agent Orange have been compensated, "where is the justice for Vietnamese victims who are being destroyed every day by the toxic chemical?" … [Read more...] about Vietnam cries foul as Monsanto victims get huge compensation in US
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OANA 44: VNA contributes to Vietnam’s international integration
Delegates at the opening session (Source: VNA) Hanoi (VNA) – During more than 70 years of development, the Vietnam News Agency (VNA) has grown to become a trustworthy national information centre and a prestigious news agency in the region. The VNA has been at the forefront of the field of information-ideology, as well as served as the country’s news and photo bank, ensuring a constant flow of accurate, mainstream news for domestic and foreign press agencies, thus contributing to the guidance, management and steering of the Party and State of Vietnam. Notably, as one of Vietnam’s main news agencies for foreign services, the VNA has left a positive impression on news coverage for major international events, including the APEC Vietnam 2017, the World Economic Forum on ASEAN 2018, and the US-DPRK Summit 2019, among others. Delivering information on APEC Vietnam 2017 was the most important news event of the year, for which the VNA promptly devised a plan to ensure … [Read more...] about OANA 44: VNA contributes to Vietnam’s international integration
Woowa Brothers makes inroads into Vietnam’s food delivery market
Illustrative photo (Source: vietnamnet.vn) Hanoi (VNA) – The Republic of Korean-based food-tech firm Woowa Brothers Corp has acquired online food ordering platform Vietnammm. The value of the buyout from Viet Nam MM Co., Ltd was undisclosed. The move is considered the quickest way for the Korean startup, which owns the Baedal Minjok food delivery app, to gain market share in Vietnam, plus it helps save time on market surveys and personnel recruitment. Founded in February 2011, Vietnammm is one of the pioneering players in Vietnam’s food delivery sector. Woowa Brothers has raised 320 million USD in 2018 with a valuation of 2.6 billion USD. The company said it would use the new capital to expand overseas. Market research firm Euromonitor said the food delivery market in Vietnam is currently valued at 33 million USD and may exceed 38 million USD by 2020. The percentage of users of food delivery services has also increased rapidly, although it is limited to urban areas … [Read more...] about Woowa Brothers makes inroads into Vietnam’s food delivery market
Vietnam poised to benefit from US-China trade fallout
Manufacturing has been Vietnam’s key growth driver in recent years. While global trade has stagnated, Vietnam’s has soared from 70 per cent of GDP in 2007 to 200 per cent in 2017. The manufacturing sector has been the key component of Vietnam’s FDI, which experienced a compound annual growth rate of 18 per cent from 2012 to 2017 (the majority of which was sourced from Japan and South Korea). Meanwhile, China’s role as the global manufacturing hub is in decline as an increasing number of elements prompt companies to diversify their investment. The factors that drove its position as a manufacturing darling - government reforms and the availability of a cheap, young workforce - are beginning to soften. Many multinationals are reviewing their global supply chains and looking to diversify by relocating production facilities to other countries. Head of Asia Research at ANZ, Mr. Khoon Goh, said Vietnam has opened its doors to foreign investment and removed barriers … [Read more...] about Vietnam poised to benefit from US-China trade fallout
Vietnam, Russia hold fourth defence strategy dialogue
The fourth defence strategy dialogue between Vietnam and Russia takes place in Moscow on December 3 (Photo: VNA) Moscow (VNA) – The Vietnamese and Russian ministries of defence held their fourth defence strategy dialogue in Moscow on December 3, affirming that defence cooperation remains a pillar in the two countries’ relations. The event was chaired by Vietnamese Deputy Minister Sen. Lt. Gen. Nguyen Chi Vinh and his Russian counterpart Alexander Vasilyevich Fomin. It took place amid the continuously enhanced traditional friendship and comprehensive strategic partnership between the two countries. Notably, it followed an official visit by General Secretary of the Communist Party of Vietnam Nguyen Phu Trong in September and a trip by Russian Prime Minister Dmitry Medvedev in November this year. The year also marks five years since the two governments signed an inter-governmental agreement on defence cooperation and 20 years since they inked the deal on … [Read more...] about Vietnam, Russia hold fourth defence strategy dialogue