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A man in Ho Chi Minh City has spent nearly 16 years collecting reel to reel tape recorders. Pham Quy Long, aka Tuan Akai, now owns a collection of reel to reel tape recorders and turntables worth nearly VND2 billion (U$86,600). Tuan Akai developed his interest in collecting the items after he saw a reel to reel tape recorder at a coffee shop. After asking the café’s owner to buy the recorder several times and being turned down, Tuan Akai insisted on convincing the owner to sell by visiting the venue constantly for three months until the owner finally agreed to sell it for VND6 million. (US$1 = VND 23,037) “I started collecting in 2006, and now have over a thousand devices,” Tuan Akai told Tuoi Tre News . “The emergence of social media has also made it easier for me to collect them. “My recorders were produced by many manufacturers including Akai, Teac, Pioneer, Sony, Studer, Revox and more, but mostly Akai. “That’s also why I got the nickname Tuan Akai.” … [Read more...] about Vietnamese man collects over a thousand reel to reel tape recorders in two decades

He said: "This is horrible. I always leave the air conditioner on and limit heading out as much as possible." He added that the unbearable heat him makes him tired and causes headaches. Truong Thi Kieu Minh said it is the hottest she has experienced during her 15 years in New Delhi. "It is just the beginning of the summer, but it is already too hot for me to handle." She said the heat is already driving her "crazy" and feared it might get worse. She expects temperatures to rise to around 50 degrees in June and July. Vietnamese living in India are struggling to cope with the scorching temperatures as a record heatwave sweeps through the nation, forcing them to drastically change their daily routines. India recorded its third-hottest April in the past 122 years according to the meteorological department. The average maximum temperature was 35.3 degrees, just behind the 35.42 degrees Celsius in 2010 and 35.32 degrees Celsius in 2016, the Indian government said in a recent … [Read more...] about Sizzling weather disrupts life for Vietnamese living in India

A serial traffic accident between a car, whose female driver was said to be live streaming while steering it, a motorbike and an electric bicycle killed a 16-year-old girl in Lam Dong Province of Vietnam’s Central Highlands region on Thursday. The accident occurred at 7:40 am at the T intersection between 30 Thang 4 and Pham Ngoc Thach Streets in Da Teh District, Lam Dong, local police reported the following day. When N.Y.N., a 16-year-old high school student, was making a left turn into Pham Ngoc Thach Street in accordance with the traffic light there, N.D.T, a resident of Cat Tien District, rode his motorbike in the same direction and collided with N.’s bike, knocking the girl down to the road surface. At that time, N.N.T., a resident of Da Teh District driving in the same direction behind N. and T., was unable to react and let her car run over N.’s body, causing the victim to die on the spot. The scene of the accident was broadcast online via a mobile phone from inside the … [Read more...] about In Vietnam, female driver allegedly causes girl’s death in serial traffic accident while live streaming

"Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us deliver stellar performance year after year," said Jens Lottner, CEO of Techcombank. Last year, the bank continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a "stable and cheap" source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 percent in 2020 to 50.5 percent last year, on its way to the bank’s target of 55 percent by 2025. Techcombank’s net interest margin (NIM), a measure of the difference between the interest received by the bank and the amount paid out to lenders, also increased 69 basis points to 5.6 percent during the year. "Together, these improving metrics, along with our effective cost management, translated into an excellent profit before tax … [Read more...] about Techcombank eyes seat at top Southeast Asian banking table

Greek President Katerina Sakellaropoulou arrived in Hà Nội's Nội Bài International Airport on Sunday, beginning her official visit to Việt Nam. VNA/VNS Photo HÀ NỘI — Greek President Katerina Sakellaropoulou arrived in Hà Nội on Sunday, beginning her official visit to Việt Nam at the invitation of Vietnamese President Nguyễn Xuân Phúc. Within the framework of the five-day visit, the Greek President will visit the Monument to Heroic Martyrs and Hồ Chí Minh Mausoleum, hold talks with President Nguyễn Xuân Phúc, pay a courtesy visit to Party General Secretary Nguyễn Phú Trọng, and meet with Chairman of the National Assembly Vương Đình Huệ. She will also attend a document signing ceremony and meet with the press, visit the Temple of Literature and attend some local events. The visit is expected to contribute to consolidating political trust and deepening the multi-faceted cooperation between the two countries. The visit takes place in the context that the traditional friendship … [Read more...] about Greek President’s Việt Nam visit expected to deepen multi-faceted cooperation

Techcombank is on track to be among the top ASEAN banks Techcombank’s rise within the Vietnamese banking industry was highlighted last year when it became the first non-state-owned bank to join Vietnam’s billion-dollar profit club. “Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us to deliver stellar performance year after year,” said Jens Lottner, CEO of Techcombank. Last year, the bank continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a “stable and cheap” source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 per cent in 2020 to 50.5 per cent last year, well on its way to the bank’s target of 55 per cent by 2025. Techcombank’s net interest margin, a measure of the difference between the interest … [Read more...] about Techcombank on track for a seat among the top ASEAN banks

Aiming to become one of the top 10 banks in ASEAN, Vietnam’s Techcombank is prioritizing sustainable growth over the long term, even as the bank delivered another year of sizzling hot growth in 2021. The rate of Techcombank’s rise within the Vietnamese banking industry was highlighted last year when it became the first non-state-owned bank to join Vietnam’s “billion-dollar profit” club. “Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us to deliver stellar performance year after year,” said Jens Lottner, CEO of Techcombank. Last year, the lender continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a “stable and cheap” source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 percent in 2020 to 50.5 percent last … [Read more...] about Vietnam’s Techcombank is on track for seat at top table of ASEAN banks