Portrait of \'Hell\'s Market\'

Each night hundreds of buyers, sellers and porters assemble at a market in Phu Ly City, in the northern province of Ha Nam, to do undesirable work for small wages. Agricultural goods The market, colloquially named "Am Phu", or "Hell's Market, which opens around midnight and closes at 5am, is one of the large wholesale markets providing and transporting agricultural goods from farmers to the retail sector. While most of the population is asleep, traders are just beginning their days trying to sell their goods at the market. They come from almost all neighbouring districts and other localities such as Hanoi, Nam Dinh, Ninh Binh and Thai Binh. Mrs Thu, a long-tme trader at the market, said, "This is the wholesale market so the early bird gets the worm here. We have to get here early because, during the daytime, we are working in the fields". Since traders and buyers usually know each other, deals are often done quickly and without bargains. Around 1:30am is the time when "Am Phu" Market is the most active. Tran Van Khang, who has been a trader at the market forr nearly five years, said that he is there daily, except for the Tet holiday or when the weather forbids it. Despite its reputation, the market also attracts porters who are desperate to earn money, transporting goods for as little as VND70-100,000 (USD3.33-4.76) per day. However, even that small amount is not guaranteed. Customers may or may not need their services, and many wait around in vain for work. "Am Phu" requires the cooperation of a diverse set of people, all trying to earn a living; a place where one can see people from the age of 10 to 70 years doing business. Vietnam tours
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Mã số bài viết 3b68343c14de667188976833e9c6d16f

Portrait of \'Hell\'s Market\'

Each night hundreds of buyers, sellers and porters assemble at a market in Phu Ly City, in the northern province of Ha Nam, to do undesirable work for small wages. Agricultural goods The market, colloquially named "Am Phu", or "Hell's Market, which opens around midnight and closes at 5am, is one of the large wholesale markets providing and transporting agricultural goods from farmers to the retail sector. While most of the population is asleep, traders are just beginning their days trying to sell their goods at the market. They come from almost all neighbouring districts and other localities such as Hanoi, Nam Dinh, Ninh Binh and Thai Binh. Mrs Thu, a long-tme trader at the market, said, "This is the wholesale market so the early bird gets the worm here. We have to get here early because, during the daytime, we are working in the fields". Since traders and buyers usually know each other, deals are often done quickly and without bargains. Around 1:30am is the time when "Am Phu" Market is the most active. Tran Van Khang, who has been a trader at the market forr nearly five years, said that he is there daily, except for the Tet holiday or when the weather forbids it. Despite its reputation, the market also attracts porters who are desperate to earn money, transporting goods for as little as VND70-100,000 (USD3.33-4.76) per day. However, even that small amount is not guaranteed. Customers may or may not need their services, and many wait around in vain for work. "Am Phu" requires the cooperation of a diverse set of people, all trying to earn a living; a place where one can see people from the age of 10 to 70 years doing business. Vietnam tours
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Mã số bài viết d4908b54f0cffb0589828da7ff267686

Agencies urged to save catfish growers

A meeting held by the Ministry of Agriculture and Rural Development on Monday initially intended to form a preliminary figure on catfish consumption turned out to be an urgent discussion on what should be done to assist catfish growers and exporters in the Mekong Delta provinces. Growers sell catfish in Can Tho Catfish prices have recently dropped to only VND18,000 (USD0.86) a kilogram from its VND25,000 (USD12) peak, creating huge losses for farmers, while fish processors and exporters have also failed to buy any product due to a capital shortage. Duong Thanh Thai, who grows catfish in Dong Thap Province's Thanh Binh District, said the cost price for a kilogram of catfish is currently VND25,000, which means he incurs a VND7,000 (USD0.4) loss on every kilogram of fish he raises. "Feed prices have soared by 40 percent against the same period last year, but I still have to feed the fish every day," he said. "The longer I grow the fish, the bigger the losses I suffer." Meanwhile Tran Van Hung, a catfish tycoon, said businesses have to sell their products at a loss to ease the capital shortage while banks have tightened credit. "Importers know of our hardship so they have repeatedly lowered buying prices," said Hung, who is the chairman of the Hung Ca Co Ltd. "Moreover, at the ongoing Viet Fish seafood exhibition, some firms are offering to export catfish fillet at only USD2.2 a kg, sending prices slumping further." Hung said accessing bank loans is now impossible, as the institutions always ask for collateral. "But this is infeasible as we need to invest VND6-8 billion (USD289,000-383,000) on every hectare of catfish farm," he said. Duong Ngoc Minh, deputy chairman of the Vietnam Association of Seafood Exporters and Processors (VASEP), said the unhealthy competition between some local catfish exporters has exacerbated the situation. "The mess should be cleaned up as soon as possible, otherwise both growers and exporters will fail to survive the problem," he shared. There are some 3,900 hectares of catfish farms in the Mekong Delta provinces, around 1,300 hectares of which will reach harvest time between June and August, with a total production of 400,000 tonnes of fish. Another yield of 700,000 tonnes will also be taken by year-end. Money first The Minister of Agriculture and Rural Development said prices have fallen sharply due to the imbalance between supply and demand. "Supply has outgrown demand while global catfish prices have also slumped, resulting in the domestic price plunges," he said. He urged relevant agencies to quickly assist farmers and businesses. "At first we should ensure that firms have money to buy fish for export," he said, adding that the State Bank of Vietnam has recently ordered banks to extend debts for catfish businesses and creat conditions for them to access loans. The Ministry of Finance has also sought permission from the government for an assistance package worth VND9 trillion (USD430 million) for the catfish sector, he added. The minister also reminded banks to closely monitor their loans to ensure that businesses will not use the money for purposes other than buying catfish. "VASEP should also ask its members to stop dumping prices to maintain Vietnamese catfish's quality and reputation," he ordered. Vietnam tours
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Mã số bài viết 402b8b06e40900d206d3120edb4d5820

Agencies urged to save catfish growers

A meeting held by the Ministry of Agriculture and Rural Development on Monday initially intended to form a preliminary figure on catfish consumption turned out to be an urgent discussion on what should be done to assist catfish growers and exporters in the Mekong Delta provinces. Growers sell catfish in Can Tho Catfish prices have recently dropped to only VND18,000 (USD0.86) a kilogram from its VND25,000 (USD12) peak, creating huge losses for farmers, while fish processors and exporters have also failed to buy any product due to a capital shortage. Duong Thanh Thai, who grows catfish in Dong Thap Province's Thanh Binh District, said the cost price for a kilogram of catfish is currently VND25,000, which means he incurs a VND7,000 (USD0.4) loss on every kilogram of fish he raises. "Feed prices have soared by 40 percent against the same period last year, but I still have to feed the fish every day," he said. "The longer I grow the fish, the bigger the losses I suffer." Meanwhile Tran Van Hung, a catfish tycoon, said businesses have to sell their products at a loss to ease the capital shortage while banks have tightened credit. "Importers know of our hardship so they have repeatedly lowered buying prices," said Hung, who is the chairman of the Hung Ca Co Ltd. "Moreover, at the ongoing Viet Fish seafood exhibition, some firms are offering to export catfish fillet at only USD2.2 a kg, sending prices slumping further." Hung said accessing bank loans is now impossible, as the institutions always ask for collateral. "But this is infeasible as we need to invest VND6-8 billion (USD289,000-383,000) on every hectare of catfish farm," he said. Duong Ngoc Minh, deputy chairman of the Vietnam Association of Seafood Exporters and Processors (VASEP), said the unhealthy competition between some local catfish exporters has exacerbated the situation. "The mess should be cleaned up as soon as possible, otherwise both growers and exporters will fail to survive the problem," he shared. There are some 3,900 hectares of catfish farms in the Mekong Delta provinces, around 1,300 hectares of which will reach harvest time between June and August, with a total production of 400,000 tonnes of fish. Another yield of 700,000 tonnes will also be taken by year-end. Money first The Minister of Agriculture and Rural Development said prices have fallen sharply due to the imbalance between supply and demand. "Supply has outgrown demand while global catfish prices have also slumped, resulting in the domestic price plunges," he said. He urged relevant agencies to quickly assist farmers and businesses. "At first we should ensure that firms have money to buy fish for export," he said, adding that the State Bank of Vietnam has recently ordered banks to extend debts for catfish businesses and creat conditions for them to access loans. The Ministry of Finance has also sought permission from the government for an assistance package worth VND9 trillion (USD430 million) for the catfish sector, he added. The minister also reminded banks to closely monitor their loans to ensure that businesses will not use the money for purposes other than buying catfish. "VASEP should also ask its members to stop dumping prices to maintain Vietnamese catfish's quality and reputation," he ordered. Vietnam tours
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Mã số bài viết 98947ebc35be415ef784cea466c36f8e

Gas prices continue to fall

Gas prices in Vietnam are expected to drop further due to lower prices in the world market. Representatives from gas wholesalers said that the global market has been seeing a continuing decline in gas prices. Last weekend, contract prices decreased by an average of USD130 per tonne, compared to USD722.5 per tonne at the beginning of the month. If the decline continues through the end of June, gas retail prices will be reduced by VND38,000 (USD1.8), to around VND310,000 (USD14.76) per 12-kg canister. These representatives added that they received a report from the Dung Quat Oil Refinery, saying that they will resume operations on June 7. In early June the refinery halted its operations for maintenance, but contracts for the fuel were complemented by imports. Lower gas prices have boosted demand, to the benefit of traders. One representative said, "Our profits have increased despite the fall in prices." Vietnam tours
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Mã số bài viết 3504970b8661e1e13e090f84ab805494

Gas prices continue to fall

Gas prices in Vietnam are expected to drop further due to lower prices in the world market. Representatives from gas wholesalers said that the global market has been seeing a continuing decline in gas prices. Last weekend, contract prices decreased by an average of USD130 per tonne, compared to USD722.5 per tonne at the beginning of the month. If the decline continues through the end of June, gas retail prices will be reduced by VND38,000 (USD1.8), to around VND310,000 (USD14.76) per 12-kg canister. These representatives added that they received a report from the Dung Quat Oil Refinery, saying that they will resume operations on June 7. In early June the refinery halted its operations for maintenance, but contracts for the fuel were complemented by imports. Lower gas prices have boosted demand, to the benefit of traders. One representative said, "Our profits have increased despite the fall in prices." Vietnam tours
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Mã số bài viết 4c9275c3bedb53f4b5ae61cdd72e6cd1

Low prices force farmers to sell paddy to duck breeders

Some farmers in the Mekong Delta region have been forced to sell their farms to duck breeders as a result of falling prices. Farmers in Mekong Delta worry about their livelihood Farmers in Vinh Long Province have harvested 26,000ha of summer-autumn paddy, but they are worried about low prices and the difficulty of selling their crops. The price for one kilogramme of IR 50404 has dropped to just VND3,700 – 3,800 (USD0.17). Meanwhile, traders are not interested in buying because of low demand. In some cases, traders are even willing to take the loss of their deposits to farmers, VND1-2 million (USD47.6-95.2), if farmers are unwilling to store the rice until prices rise. Tran Van Chinh in Vi Trung Commune, Vi Thuy District, Hau Giang Province sold 1,500 square metres to duck breeders for VND3.75 million (USD178.57). In addition, due to uncommonly wet weather this year, many farmers operating costs went up because they had to lease farming equipment. According to some farmers in Vinh Long and Hau Giang provinces, at the beginning of the season, fees harvest machines cost just VND260,000 (USD1.23) per day to rent, but now have increased to VND300,000 (USD14.2). The fees are even higher for fields affected by bad weather. In many localities productivity has been quite low. In Vinh Long, a total area of 26,000 hectares yielded just 6.7 tonnes per hectare. Several districts in Tien Giang and Hau Giang have seen even lower rates of just 5.8 or 5.3 tonnes per hectare. Farmers in Soc Trang Province complain that, not only are harvesting costs higher, but fertiliser has gone up too, increasing to VND560,000-580,000 per bag compared to just VND480,000-490,000 at the beginning of the winter-spring crop. Vietnam tours
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Mã số bài viết 7fbb3891a5e889b24a3142133ef8fbc8

Low prices force farmers to sell paddy to duck breeders

Some farmers in the Mekong Delta region have been forced to sell their farms to duck breeders as a result of falling prices. Farmers in Mekong Delta worry about their livelihood Farmers in Vinh Long Province have harvested 26,000ha of summer-autumn paddy, but they are worried about low prices and the difficulty of selling their crops. The price for one kilogramme of IR 50404 has dropped to just VND3,700 – 3,800 (USD0.17). Meanwhile, traders are not interested in buying because of low demand. In some cases, traders are even willing to take the loss of their deposits to farmers, VND1-2 million (USD47.6-95.2), if farmers are unwilling to store the rice until prices rise. Tran Van Chinh in Vi Trung Commune, Vi Thuy District, Hau Giang Province sold 1,500 square metres to duck breeders for VND3.75 million (USD178.57). In addition, due to uncommonly wet weather this year, many farmers operating costs went up because they had to lease farming equipment. According to some farmers in Vinh Long and Hau Giang provinces, at the beginning of the season, fees harvest machines cost just VND260,000 (USD1.23) per day to rent, but now have increased to VND300,000 (USD14.2). The fees are even higher for fields affected by bad weather. In many localities productivity has been quite low. In Vinh Long, a total area of 26,000 hectares yielded just 6.7 tonnes per hectare. Several districts in Tien Giang and Hau Giang have seen even lower rates of just 5.8 or 5.3 tonnes per hectare. Farmers in Soc Trang Province complain that, not only are harvesting costs higher, but fertiliser has gone up too, increasing to VND560,000-580,000 per bag compared to just VND480,000-490,000 at the beginning of the winter-spring crop. Vietnam tours
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Mã số bài viết 62cbbbec35160bc0930cfc2b46ca828a

Hanoi punishes officials for construction management violations

Hanoi district authorities criticised and punished around 20 officials for violations related to construction management in 2011, said the municipal People's Committee. A violation case on Ba Trieu Street According to the committee, they were mainly secretaries, chairmen and construction inspectors of wards and communes. A meeting was held on June 26 in Hanoi on urban construction management. At the meeting, many district representatives said construction violations have become a controversial issue, particularly the fact that many officials have supported violators, including those in Hai Ba Trung, Ba Dinh, Tay Ho, Hoan Kiem and Soc Son districts. Statistics from the committee showed that since January 2010 the city discovered around 1,700 construction violations, including 1,104 public and agricultural land encroachment cases for construction works; 490 unlicensed construction cases; 100 cases of projects that do not adhere to the terms of their licenses and six cases that used shoddy construction methods that have affected their surrounding houses. Hanoi authorities also tore down 601 construction works and asked investors to destroy 294 other works due to their violations of building codes. These violations have largely been blamed on lax management at the ward and commune level. A number of districts still lack strict supervision of land use. In particular, the municipal Department of Construction was blamed for not paying due attention to their oversight duties. Vietnam tours
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Mã số bài viết 2eb57787effdf32322beaadab8cc35be

Hanoi punishes officials for construction management violations

Hanoi district authorities criticised and punished around 20 officials for violations related to construction management in 2011, said the municipal People's Committee. A violation case on Ba Trieu Street According to the committee, they were mainly secretaries, chairmen and construction inspectors of wards and communes. A meeting was held on June 26 in Hanoi on urban construction management. At the meeting, many district representatives said construction violations have become a controversial issue, particularly the fact that many officials have supported violators, including those in Hai Ba Trung, Ba Dinh, Tay Ho, Hoan Kiem and Soc Son districts. Statistics from the committee showed that since January 2010 the city discovered around 1,700 construction violations, including 1,104 public and agricultural land encroachment cases for construction works; 490 unlicensed construction cases; 100 cases of projects that do not adhere to the terms of their licenses and six cases that used shoddy construction methods that have affected their surrounding houses. Hanoi authorities also tore down 601 construction works and asked investors to destroy 294 other works due to their violations of building codes. These violations have largely been blamed on lax management at the ward and commune level. A number of districts still lack strict supervision of land use. In particular, the municipal Department of Construction was blamed for not paying due attention to their oversight duties. Vietnam tours
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Mã số bài viết 8dae35f4dd07c0905a37bd9edea8dfb9

Municipal authorities struggle with HCM City traffic

In the latest report from the Traffic Safety Committee in HCM City, until this June, the metropolis has had 5.7 million vehicles, with 508,000 cars and 5.2 motorbikes. HCM City traffic causes administrative problems In HCM City private vehicles have surpassed all forms of public transportation for ten years, and the trend is continuing. The HCM City Transport Department would like to reduce the number of private vehicles. Since 2007, municipal authorities there have come up with a number of measures aimed at bettering the situation but they have proven ineffective. The HCM City Transport Department's main focus this year has been to make feasibility studies on the effect of adjusting transport fees on personal vehicles entering the city during rush hour in order to reduce traffic. Currently the results of the study are being analysed, and new plans are expected to result. During the first half of the year, aside from efforts to educate the public on traffic safety laws, the administration has also added stricter penalties on violations, collecting a total of about VND151 billion (USD7,217,973). In addition, the city has mobilised volunteers, including young people, precinct police and night watchmen to enforce traffic regulations. The same report, however, added that, up until May 25, there were only two traffic jams which lasted more than a half hour in the city. This would represet a 91% reduction of traffic jams from the same period of the year before. Another report, from the Traffic Safety Committee of HCM City, concluded that the reduction in percentage was a mere 80%. An official of the committee also said that illegal racing has not been a problem recently, although during holidays there have been large groups of motorbike racers on the streets of HCM City. Traffic police have manned positions on a nightly basis with maximum capacity to deal with this problem, he said, adding that the number of violators caught has gone up dramatically, with about 8,000 tickets being handed out and 4,000 motorbikes having been impounded. Vietnam tours
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Mã số bài viết 0e06fbc4fe35ce211153ad2e67b15a49

Municipal authorities struggle with HCM City traffic

In the latest report from the Traffic Safety Committee in HCM City, until this June, the metropolis has had 5.7 million vehicles, with 508,000 cars and 5.2 motorbikes. HCM City traffic causes administrative problems In HCM City private vehicles have surpassed all forms of public transportation for ten years, and the trend is continuing. The HCM City Transport Department would like to reduce the number of private vehicles. Since 2007, municipal authorities there have come up with a number of measures aimed at bettering the situation but they have proven ineffective. The HCM City Transport Department's main focus this year has been to make feasibility studies on the effect of adjusting transport fees on personal vehicles entering the city during rush hour in order to reduce traffic. Currently the results of the study are being analysed, and new plans are expected to result. During the first half of the year, aside from efforts to educate the public on traffic safety laws, the administration has also added stricter penalties on violations, collecting a total of about VND151 billion (USD7,217,973). In addition, the city has mobilised volunteers, including young people, precinct police and night watchmen to enforce traffic regulations. The same report, however, added that, up until May 25, there were only two traffic jams which lasted more than a half hour in the city. This would represet a 91% reduction of traffic jams from the same period of the year before. Another report, from the Traffic Safety Committee of HCM City, concluded that the reduction in percentage was a mere 80%. An official of the committee also said that illegal racing has not been a problem recently, although during holidays there have been large groups of motorbike racers on the streets of HCM City. Traffic police have manned positions on a nightly basis with maximum capacity to deal with this problem, he said, adding that the number of violators caught has gone up dramatically, with about 8,000 tickets being handed out and 4,000 motorbikes having been impounded. Vietnam tours
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Mã số bài viết edc1c293948643cf6a649ba8bc04494d

Inflation tamed, but economic growth falters

The CPI this June was the lowest it has been for the last 38 months, with only a 6.9% increase from the same period last year. Government stimulus package to give relief to struggling businesses Inflation was kept low even after the deposit interest ceiling was reduced to 9% per year, and was 0.26% less than the levels of May, the first decrease in 38 months. The CPI rose by only 2.52% from December last year causing optimism about meeting the national target of 7-8% inflation. According to a forecast of economists in Vietnam Centre for Economic and Policy Research (VEPR) under the Hanoi's Vietnam National University, this year inflation will remain around 6.2%. Domestic CPI has risen by 12.2% in this first six months compared to the same period last year. According to data from statistical offices decreases in inflation were reported in the country's two major cities, 0.17% for Hanoi, the largest fall in 10 years, and 0.43% in HCM City, the biggest decrease in 23 months. Nationwide, the price of food products was down by 0.23-0.78%, while prices in the food service industry increased by 0.6%. The Ministries of Industry and Trade and Finance reduced the price of petroleum, helping to reduce transport fees by 1.64%. Prices of housing and construction materials were down by 1.21%, telecommunication by 0.02% and entertainment and tourism by 0.27%. However, prices of beverages and cigarettes rose 0.33%, clothing by 0.62%, household appliances by 0.46%, education by 0.1% while the price of USD was by 0.2%. Around 70% of enterprises incurred losses in the first quarter and 22,000 enterprises stopped operations or went bankrupt and the GDP in the second quarter rose by only 4.5%. Some measures have been taken by management agencies to assist with the growth problem, including salary increases, interest rate reductions and setting a credit growth target of 2% each month. The Vice PM, Nguyen Xuan Phuc, said that, until the end of this year, The Government create a stimulus package that will pump VND21 billion (USD1,002,865) a month in to the economy, adding that inflation is not expected to become a problem again in coming years. After a recent NA session, some major measures were passed to support enterprises and people, including reducing taxes on businesses by 30% in 2012 and adding personal income tax exemptions for individuals in the lowest brackets from July 1 to December 31. Vietnam tours
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Mã số bài viết 650605c18d8f678bef3e9467caf0e290

Inflation tamed, but economic growth falters

The CPI this June was the lowest it has been for the last 38 months, with only a 6.9% increase from the same period last year. Government stimulus package to give relief to struggling businesses Inflation was kept low even after the deposit interest ceiling was reduced to 9% per year, and was 0.26% less than the levels of May, the first decrease in 38 months. The CPI rose by only 2.52% from December last year causing optimism about meeting the national target of 7-8% inflation. According to a forecast of economists in Vietnam Centre for Economic and Policy Research (VEPR) under the Hanoi's Vietnam National University, this year inflation will remain around 6.2%. Domestic CPI has risen by 12.2% in this first six months compared to the same period last year. According to data from statistical offices decreases in inflation were reported in the country's two major cities, 0.17% for Hanoi, the largest fall in 10 years, and 0.43% in HCM City, the biggest decrease in 23 months. Nationwide, the price of food products was down by 0.23-0.78%, while prices in the food service industry increased by 0.6%. The Ministries of Industry and Trade and Finance reduced the price of petroleum, helping to reduce transport fees by 1.64%. Prices of housing and construction materials were down by 1.21%, telecommunication by 0.02% and entertainment and tourism by 0.27%. However, prices of beverages and cigarettes rose 0.33%, clothing by 0.62%, household appliances by 0.46%, education by 0.1% while the price of USD was by 0.2%. Around 70% of enterprises incurred losses in the first quarter and 22,000 enterprises stopped operations or went bankrupt and the GDP in the second quarter rose by only 4.5%. Some measures have been taken by management agencies to assist with the growth problem, including salary increases, interest rate reductions and setting a credit growth target of 2% each month. The Vice PM, Nguyen Xuan Phuc, said that, until the end of this year, The Government create a stimulus package that will pump VND21 billion (USD1,002,865) a month in to the economy, adding that inflation is not expected to become a problem again in coming years. After a recent NA session, some major measures were passed to support enterprises and people, including reducing taxes on businesses by 30% in 2012 and adding personal income tax exemptions for individuals in the lowest brackets from July 1 to December 31. Vietnam tours
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Mã số bài viết f6116a5c6e19736e96cd654f1d0b0675

Hanoi suffers qualified housemaid shortage

A number of companies are dashing to recruit and provide training courses for home helpers to serve increasing demand by high-income families or foreigners. Nguyen Thuy Nga, Director of a company in Tay Ho District, Hanoi that specialises in training domestic helpers for foreigners, said, "We always face difficulties in selecting people, particularly those with foreign languages and the necessary work experience. Plus they've got to have good health and personality." Domestic helpers need training Trained housemaids can receive a salary of VND5-6 million (USD238-285.7) per month, depending their working time, compared to just VND1.8-2.5 million (USD85.7-USD119) for those lacking training. Phan Thanh Huong, 38, from Long Bien District, who was trained at a centre specialising in providing housemaids for foreigners, said, "I'm now working for a New Zealand family at Golden West Lake apartment block with a stable monthly salary of VND4 million. They're very kind and respect me." Most of people who come to cities to work as housemaids come from rural areas and they are unaware of these training centres, but families are requiring higher skilled home helpers as they want to employ not only those who are honest and diligent, but can also cook, use domestic household appliances and even understand psychology of children and the elderly. Mrs. Hoang Xuan, Director of an event organising company in Hai Ba Trung District, said, her family had changed 20 housemaids, a not uncommon situation. Mrs. Thu Ha, who works at a centre providing domestic helpers, said, it was quite difficult for families to find a satisfactory housemaid. Families have their own requirements, while housemaids also target high salaries and families with good working conditions and possibly lodgings. Some families have changed housemaids 10 times to have a satisfactory housemaid. Vocation not temporary work The majority of housemaid training centres only introduce jobs to their learners, helping them to discuss salary with the families, but do not manage them. They have their contributors in localities to help introduce people for them. For reliable centres the quality of housemaid depends on the contributors' prestige. Do Tran Tuan, Director of a vocational training centre in Hoan Kiem District, said, "Just 60% of rural labourers coming to Hanoi to work as housemaids can retain the job for long time, while the rest quit the work due to missing their family or being ill-treated by the host. Families and housemaids rarely sign contracts; therefore, housemaids can stop working unilaterally when they feel unsatisfied with their employer. The situation that many families have to find housemaids is evidence of poor relations between the employee and the employer. According to the Labour Policy under the Hanoi Department of Labour, Invalids and Social Affairs, a dozen of job introduction centres operate in the city, but the department can only supervise their operation through their annual reports. Lawyer Nguyen Tien Hoa from Hanoi Bar Association, said there was no professional skills requirement for domestic helpers; therefore, no legal regulations on the vocation had been issued. To tighten control over the area, management agencies should issue legal documents on home help quality standards in order to professionalise the job. Vietnam tours
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Mã số bài viết 07669ecdfe013d17dd85971107ad3a28

Hanoi suffers qualified housemaid shortage

A number of companies are dashing to recruit and provide training courses for home helpers to serve increasing demand by high-income families or foreigners. Nguyen Thuy Nga, Director of a company in Tay Ho District, Hanoi that specialises in training domestic helpers for foreigners, said, "We always face difficulties in selecting people, particularly those with foreign languages and the necessary work experience. Plus they've got to have good health and personality." Domestic helpers need training Trained housemaids can receive a salary of VND5-6 million (USD238-285.7) per month, depending their working time, compared to just VND1.8-2.5 million (USD85.7-USD119) for those lacking training. Phan Thanh Huong, 38, from Long Bien District, who was trained at a centre specialising in providing housemaids for foreigners, said, "I'm now working for a New Zealand family at Golden West Lake apartment block with a stable monthly salary of VND4 million. They're very kind and respect me." Most of people who come to cities to work as housemaids come from rural areas and they are unaware of these training centres, but families are requiring higher skilled home helpers as they want to employ not only those who are honest and diligent, but can also cook, use domestic household appliances and even understand psychology of children and the elderly. Mrs. Hoang Xuan, Director of an event organising company in Hai Ba Trung District, said, her family had changed 20 housemaids, a not uncommon situation. Mrs. Thu Ha, who works at a centre providing domestic helpers, said, it was quite difficult for families to find a satisfactory housemaid. Families have their own requirements, while housemaids also target high salaries and families with good working conditions and possibly lodgings. Some families have changed housemaids 10 times to have a satisfactory housemaid. Vocation not temporary work The majority of housemaid training centres only introduce jobs to their learners, helping them to discuss salary with the families, but do not manage them. They have their contributors in localities to help introduce people for them. For reliable centres the quality of housemaid depends on the contributors' prestige. Do Tran Tuan, Director of a vocational training centre in Hoan Kiem District, said, "Just 60% of rural labourers coming to Hanoi to work as housemaids can retain the job for long time, while the rest quit the work due to missing their family or being ill-treated by the host. Families and housemaids rarely sign contracts; therefore, housemaids can stop working unilaterally when they feel unsatisfied with their employer. The situation that many families have to find housemaids is evidence of poor relations between the employee and the employer. According to the Labour Policy under the Hanoi Department of Labour, Invalids and Social Affairs, a dozen of job introduction centres operate in the city, but the department can only supervise their operation through their annual reports. Lawyer Nguyen Tien Hoa from Hanoi Bar Association, said there was no professional skills requirement for domestic helpers; therefore, no legal regulations on the vocation had been issued. To tighten control over the area, management agencies should issue legal documents on home help quality standards in order to professionalise the job. Vietnam tours
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Mã số bài viết e9e69d7fa3f5964514167ea7e5d0d0c0

Housing adverts plaster capital

Land and houses ads can be found plastered beside concrete cutting and drilling and drainage dredging ads. Banners hung on streets Many real estate companies have to close or reduce their operations. Real estate is no longer attracting investors either, with sellers outstripping buyers. Beside classified ads on forums, websites, and online adverts, many companies choose to offer their services via advertising on pavements and public sites to reduce costs and access potential customers. While these adverts can be found littering public places, there is little evidence about the effectiveness of this form of advertising. Trang, a woman living in Hoang Cau Street, Hanoi, angrily complained that her house's surrounding walls were plastered with all kinds of ads, including houses for sale, renting house, and signs seeking roommates, She had torn down all the paper leaflets, but a few days later her walls would be covered again. Some companies even spray painted their ads. Cuong, living in Hanoi's Thanh Xuan Bac Ward had just repainted his house's surrounding walls to prepare for his son's wedding, but the following day, he was shocked to see it covered in advertising. Quang, director of a real estate agency, admitted that housing adverts on streets has diminished house trading. But with only VND5 million (USD238.7), he could print huge amounts of leaflets and hire people go around Hanoi to stick them on walls. Advertising in newspapers would cost him VND20 million (USD955.1) per page per periodical. Advertising with an online newspapers would cost VND3-5 million (USD143.2-238.7) per time. Advertising on TV costs billions of VND. Due to the downturn in the economy and slumps in the sector, real estate agencies have to find the most economical ad methods. In Quang's opinion, mini apartments and cheap private houses worth around VND1 billion (USD47,755) is ideal for this method. But luxury villas, lands in up-market projects, and expensive apartments would devalue their products employing this form of marketing. However, head of PR department of a housing project in My Dinh urban area said they still have to use banners and street posters as their most effective way to approach potential common customers. Some housing investors have found out more polite ways to drum up interest, such as advertising in supermarkets and hotels. However, this kind of advertisement hasn't yet to be licensed by authorities. When reporters asked for their advertising license, the PR department said they had a communication company to do the paperwork for them. Vietnam tours
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Mã số bài viết f16677ea2db317a96f961c5a9cb13a44

Housing adverts plaster capital

Land and houses ads can be found plastered beside concrete cutting and drilling and drainage dredging ads. Banners hung on streets Many real estate companies have to close or reduce their operations. Real estate is no longer attracting investors either, with sellers outstripping buyers. Beside classified ads on forums, websites, and online adverts, many companies choose to offer their services via advertising on pavements and public sites to reduce costs and access potential customers. While these adverts can be found littering public places, there is little evidence about the effectiveness of this form of advertising. Trang, a woman living in Hoang Cau Street, Hanoi, angrily complained that her house's surrounding walls were plastered with all kinds of ads, including houses for sale, renting house, and signs seeking roommates, She had torn down all the paper leaflets, but a few days later her walls would be covered again. Some companies even spray painted their ads. Cuong, living in Hanoi's Thanh Xuan Bac Ward had just repainted his house's surrounding walls to prepare for his son's wedding, but the following day, he was shocked to see it covered in advertising. Quang, director of a real estate agency, admitted that housing adverts on streets has diminished house trading. But with only VND5 million (USD238.7), he could print huge amounts of leaflets and hire people go around Hanoi to stick them on walls. Advertising in newspapers would cost him VND20 million (USD955.1) per page per periodical. Advertising with an online newspapers would cost VND3-5 million (USD143.2-238.7) per time. Advertising on TV costs billions of VND. Due to the downturn in the economy and slumps in the sector, real estate agencies have to find the most economical ad methods. In Quang's opinion, mini apartments and cheap private houses worth around VND1 billion (USD47,755) is ideal for this method. But luxury villas, lands in up-market projects, and expensive apartments would devalue their products employing this form of marketing. However, head of PR department of a housing project in My Dinh urban area said they still have to use banners and street posters as their most effective way to approach potential common customers. Some housing investors have found out more polite ways to drum up interest, such as advertising in supermarkets and hotels. However, this kind of advertisement hasn't yet to be licensed by authorities. When reporters asked for their advertising license, the PR department said they had a communication company to do the paperwork for them. Vietnam tours
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Mã số bài viết 19da7e91cd9bb4477012a25a31940cad

Kindergarten graduation certificate rumour panics HCMC parents

Parents in HCMC are desperately trying to get a 'kindergarten graduate certificate' as rumours circulate that their children will not be allowed to enter first grade at infant without it. 80 children enrolled in Phong Lan school's summer course Minh, a parent in Binh Hung Hoa A Ward said, "I asked the headmaster at our local school and they said a certificate was required. Now we have to register our child at a public school in two months with a tuition fee of VND1.8 million (USD86)." In Go Vap District, the story is even stranger. A parent said, "My family is poor so we don't want to enrol our child at a kindergarten. But our ward officers said that we needed the receipt to prove that our child had gone to kindergarten, even for just a month is good enough. So we spent VND900,000 (USD43) for one month at a private school. If it's not enough, we just have to wait to enrol next year." In early June, parents in Tan Binh District's Ward 4 were also worried when the officers said only kids who went to kindergarten for at least two months could enrol into the local primary school. But both of the local kindergarten and primary school denied the information. Phong Lan Kindergarten in Binh Tan District is the only school which can provide the certificate, and it is receiving a large number of children. "Most of parents worry that their kids won't be accepted if they don't have the certificate." a teacher at Phong Lan School said. "Parents should ask the primary school officer to make sure such a certificate is necessary." Some rumours said that although private kindergartens can't provide the certificate, they could be bought at VND2-3 million (USD96-143). HCMC is one of ten cities implementing a project to universalise kindergarten education by the end of 2012. The false rumour was believed to have started because of various programmes such as the "Intensive kindergarten class" programme that was being implemented. This included local officials doing door to door visits to introduce kindergarten schools. An officer in Go Vap Ward complained, "The children are losing the chance to play and prepare for their first grade at infant school. Parents are forcing kids to do maths and read and write but aren't letting them enrol at kindergarten. We have no other way other than resorting to threats." The local Department of Education and Training confirmed that a certificate is not required. However they also said parent should submit any certificate they have because specific cases would be dealt with differently. Vietnam tours
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Mã số bài viết b5a503aa27d57e7ac2a58fd5ea79045f

Kindergarten graduation certificate rumour panics HCMC parents

Parents in HCMC are desperately trying to get a 'kindergarten graduate certificate' as rumours circulate that their children will not be allowed to enter first grade at infant without it. 80 children enrolled in Phong Lan school's summer course Minh, a parent in Binh Hung Hoa A Ward said, "I asked the headmaster at our local school and they said a certificate was required. Now we have to register our child at a public school in two months with a tuition fee of VND1.8 million (USD86)." In Go Vap District, the story is even stranger. A parent said, "My family is poor so we don't want to enrol our child at a kindergarten. But our ward officers said that we needed the receipt to prove that our child had gone to kindergarten, even for just a month is good enough. So we spent VND900,000 (USD43) for one month at a private school. If it's not enough, we just have to wait to enrol next year." In early June, parents in Tan Binh District's Ward 4 were also worried when the officers said only kids who went to kindergarten for at least two months could enrol into the local primary school. But both of the local kindergarten and primary school denied the information. Phong Lan Kindergarten in Binh Tan District is the only school which can provide the certificate, and it is receiving a large number of children. "Most of parents worry that their kids won't be accepted if they don't have the certificate." a teacher at Phong Lan School said. "Parents should ask the primary school officer to make sure such a certificate is necessary." Some rumours said that although private kindergartens can't provide the certificate, they could be bought at VND2-3 million (USD96-143). HCMC is one of ten cities implementing a project to universalise kindergarten education by the end of 2012. The false rumour was believed to have started because of various programmes such as the "Intensive kindergarten class" programme that was being implemented. This included local officials doing door to door visits to introduce kindergarten schools. An officer in Go Vap Ward complained, "The children are losing the chance to play and prepare for their first grade at infant school. Parents are forcing kids to do maths and read and write but aren't letting them enrol at kindergarten. We have no other way other than resorting to threats." The local Department of Education and Training confirmed that a certificate is not required. However they also said parent should submit any certificate they have because specific cases would be dealt with differently. Vietnam tours
Travel to Vietnam
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visit vietnam
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Mã số bài viết 64aa67c0274fa51707dc2416b882e3b0

Four-star Germans blast Greeks to reach Euro semis

Germany booked their place in the last four of Euro 2012 as Joachim Loew's side hammered Greece 4-2 on Friday after dominating their quarter-final. German forward Miroslav Klose celebrates after scoring during their Euro 2012 football championships quarter-final match against Greece at the Gdansk Arena. Germany ran riot as captain Philipp Lahm, Sami Khedira, veteran striker Miroslav Klose and Marco Reus all got on the score-sheet to cancel out Giorgos Samaras' and Dimitris Salpingidis' second-half strikes for the Greeks. The Germans will now play England or Italy, who meet in Sunday's Kiev quarter-final, in the semi-final at Warsaw's National Stadium on Thursday as they inflicted Greece's heaviest defeat at a European championships, eclipsing the Greeks' 3-1 defeat at the hands of Czechoslovakia in 1980. "I would like to congratulate the Germans, they were really good," said Greece coach Fernando Santos. "They certainly have the game worked out. "We should have had a few more chances, but they had more possession and put us under pressure." The Germans dominated at Arena Gdansk and their ball possession never dropped below 60 percent. "That was a class performance from the team to reach the semi-finals for the fourth time in a row," said Loew with the Germans having reached the semi-finals at both the last two World Cups and lost the Euro 2008 final. "We can be proud of the team, it was clear that the Greeks could make something out of nothing. "We failed to take an early lead, but we did not panic. "There were a few changes and I thought I had to change things after three wins." Loew pulled off a pre-match triple surprise by leaving out striker Mario Gomez, plus forwards Lukas Podolski and Thomas Mueller in a bold move. Klose won his 120th cap to come in for Gomez to claim his 64th international goal leaving him just four short of Gerd Mueller's all-time Germany record. Borussia Dortmund-bound Reus capped his first Euro 2012 appearance with a goal at Mueller's expense to win only his seventh cap while Bayer Leverkusen's Andre Schuerrle took Lukas Podolski's place on the left wing. Santos brought in Grigoris Makos for suspended captain Giorgos Karagounis, who scored the winning goal against Russia which put the Euro 2004 winners in the last eight, with midfielder Kostas Katsouranis named as skipper. The Germans had the ball in the net after only four minutes as Khedira's shot was only parried by Greek goalkeeper Michaelis Sifakis, who was soon beaten, but Schuerrle was flagged for offside. Celtic's Samaras earned the first booking when he ran his boot down the back of Germany's Bastian Schweinsteiger's ankle on 14 minutes while Sotiris Ninis forced Germany's Manuel Neuer into a rare save on 31 minutes. With the Germans in control, the goal they had been threatening came on 39 minutes when Lahm burst through the left side of the Greek defence and fired home from the edge of the area. It was a carbon copy of the goal Lahm scored against Costa Rica, the first of the 2006 World Cup, and his fifth for his country on his 90th appearance. Santos added an extra forward after the break with Sotiris Ninis making way for Fanis Gekas and midfielder Giorgos Fotakis on for defender Giorgos Tzavellas. The switch paid off when Samaras slipped his marker Jerome Boateng to bundle the ball home from the cross of Salpingidis, who outpaced Lahm on the right flank on 55 minutes. But Germany reclaimed the lead thanks to a volley from Real Madrid's Khedira whose late run connected with Boateng's cross to leave Sifakis with no chance. Klose added to his impressive tally with a header from a Ozil free-kick on 68 minutes, while Reus scored the fourth when Klose latched onto Ozil's pass, forcing Sifakis into a save. But the ball fell to the Dortmund man, who hit the net on 74 minutes. With time almost up Salpingidis scored from the penalty spot after Boateng's foul, but it was too little, too late. Vietnam tours
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Mã số bài viết 31b9c43a62d44de979ab9645edc610a4

Four-star Germans blast Greeks to reach Euro semis

Germany booked their place in the last four of Euro 2012 as Joachim Loew's side hammered Greece 4-2 on Friday after dominating their quarter-final. German forward Miroslav Klose celebrates after scoring during their Euro 2012 football championships quarter-final match against Greece at the Gdansk Arena. Germany ran riot as captain Philipp Lahm, Sami Khedira, veteran striker Miroslav Klose and Marco Reus all got on the score-sheet to cancel out Giorgos Samaras' and Dimitris Salpingidis' second-half strikes for the Greeks. The Germans will now play England or Italy, who meet in Sunday's Kiev quarter-final, in the semi-final at Warsaw's National Stadium on Thursday as they inflicted Greece's heaviest defeat at a European championships, eclipsing the Greeks' 3-1 defeat at the hands of Czechoslovakia in 1980. "I would like to congratulate the Germans, they were really good," said Greece coach Fernando Santos. "They certainly have the game worked out. "We should have had a few more chances, but they had more possession and put us under pressure." The Germans dominated at Arena Gdansk and their ball possession never dropped below 60 percent. "That was a class performance from the team to reach the semi-finals for the fourth time in a row," said Loew with the Germans having reached the semi-finals at both the last two World Cups and lost the Euro 2008 final. "We can be proud of the team, it was clear that the Greeks could make something out of nothing. "We failed to take an early lead, but we did not panic. "There were a few changes and I thought I had to change things after three wins." Loew pulled off a pre-match triple surprise by leaving out striker Mario Gomez, plus forwards Lukas Podolski and Thomas Mueller in a bold move. Klose won his 120th cap to come in for Gomez to claim his 64th international goal leaving him just four short of Gerd Mueller's all-time Germany record. Borussia Dortmund-bound Reus capped his first Euro 2012 appearance with a goal at Mueller's expense to win only his seventh cap while Bayer Leverkusen's Andre Schuerrle took Lukas Podolski's place on the left wing. Santos brought in Grigoris Makos for suspended captain Giorgos Karagounis, who scored the winning goal against Russia which put the Euro 2004 winners in the last eight, with midfielder Kostas Katsouranis named as skipper. The Germans had the ball in the net after only four minutes as Khedira's shot was only parried by Greek goalkeeper Michaelis Sifakis, who was soon beaten, but Schuerrle was flagged for offside. Celtic's Samaras earned the first booking when he ran his boot down the back of Germany's Bastian Schweinsteiger's ankle on 14 minutes while Sotiris Ninis forced Germany's Manuel Neuer into a rare save on 31 minutes. With the Germans in control, the goal they had been threatening came on 39 minutes when Lahm burst through the left side of the Greek defence and fired home from the edge of the area. It was a carbon copy of the goal Lahm scored against Costa Rica, the first of the 2006 World Cup, and his fifth for his country on his 90th appearance. Santos added an extra forward after the break with Sotiris Ninis making way for Fanis Gekas and midfielder Giorgos Fotakis on for defender Giorgos Tzavellas. The switch paid off when Samaras slipped his marker Jerome Boateng to bundle the ball home from the cross of Salpingidis, who outpaced Lahm on the right flank on 55 minutes. But Germany reclaimed the lead thanks to a volley from Real Madrid's Khedira whose late run connected with Boateng's cross to leave Sifakis with no chance. Klose added to his impressive tally with a header from a Ozil free-kick on 68 minutes, while Reus scored the fourth when Klose latched onto Ozil's pass, forcing Sifakis into a save. But the ball fell to the Dortmund man, who hit the net on 74 minutes. With time almost up Salpingidis scored from the penalty spot after Boateng's foul, but it was too little, too late. Vietnam tours
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Mã số bài viết 4a9e876e7464b4843d4522bc7b342c63

World\'s top banks hit with Moody\'s downgrade

The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings, citing risk exposure and the eurozone crisis. The health of 15 of the world's largest financial institutions was called into serious question, as Moody's downgraded their credit ratings, citing exposure risk and Europe's economic woes.Some of the biggest names in banking -- including Goldman Sachs, Barclays, Citigroup, HSBC and Deutsche Bank -- saw their ratings slashed Thursday, spelling increased investor scrutiny and potentially higher borrowing costs. Moody's said, in essence, that the banks risked massive losses and that they were exposed to the roiling financial crisis and to each other. "All of the banks affected by today's actions have significant exposure to the volatility and risk of outsized losses inherent to capital markets activities," said Greg Bauer, Moody's global banking managing. In total four firms were downgraded by one notch, 10 firms by two notches and one by three notches. Holding companies of a number of the same banks were also downgraded. Credit Suisse faced the largest downgrade, with its rating slashed three levels from Aa1 to A1. Under-pressure US banking giant Morgan Stanley was seen as winning a partial victory by only receiving a two-notch downgrade. Morgan Stanley welcomed the partial reprieve, but nevertheless questioned the Moody's decision. "While Moody's revised ratings are better than its initial guidance of up to three notches, we believe the ratings still do not fully reflect the key strategic actions we have taken in recent years," it said in a statement. Royal Bank of Scotland, which was also downgraded, called the ratings change "backward-looking," saying it did not recognize the "substantial improvements the group has made to its balance sheet, funding and risk profile." Citigroup was similarly unimpressed with the Moody's verdict. "Citi strongly disagrees with Moody's analysis of the banking industry and firmly believes its downgrade of Citi is arbitrary and completely unwarranted." In a jab Citi added that "sophisticated" investors no longer depend heavily on ratings agencies to assess credit risk. Ratings agencies like Moody's were pilloried for failing to predict the cataclysm that engulfed Wall Street and the world beginning in 2008, and Thursday's move was part of a sector-wide effort to tighten up ratings. But even so, the swathe of downgrades amounts to a fresh indictment of the health of the global financial system, which has seen wave after wave of crisis over the last four years. Since the sub-prime crisis banks have seen the value of their assets slump and their access to capital shrink, which has repeatedly forced taxpayers and central banks to step in to provide liquidity. Many governments have been forced to provide bailouts, straining already precarious public finances. On Thursday Spain became the latest to signal a bank bailout. Madrid announced that its crisis-torn banks need up to 62 billion euros ($78 billion) to survive. It is expected to formally ask its eurozone partners for the cash on Friday. The 15 banks downgraded were: Bank of America, Barclays, Citigroup, Credit Suisse, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Royal Bank of Scotland, BNP Paribas, Credit Agricole, Deutsche Bank, Royal Bank of Canada, Societe Generale and UBS. Moody's began its review of the banks in February, and the move was widely anticipated, helping to send the Dow Jones Industrial Average sharply lower on Thursday. In a separate announcement, Moody's also downgraded the long-term debt rating of Lloyds TSB by one notch. The British bank said the change would have "limited impact on our funding costs and market capacity," pointing out that its short-term funding rating remained unchanged. Vietnam tours
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Mã số bài viết 008f70e9bb799bd7b349bf2e07114149

World\'s top banks hit with Moody\'s downgrade

The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings, citing risk exposure and the eurozone crisis. The health of 15 of the world's largest financial institutions was called into serious question, as Moody's downgraded their credit ratings, citing exposure risk and Europe's economic woes.Some of the biggest names in banking -- including Goldman Sachs, Barclays, Citigroup, HSBC and Deutsche Bank -- saw their ratings slashed Thursday, spelling increased investor scrutiny and potentially higher borrowing costs. Moody's said, in essence, that the banks risked massive losses and that they were exposed to the roiling financial crisis and to each other. "All of the banks affected by today's actions have significant exposure to the volatility and risk of outsized losses inherent to capital markets activities," said Greg Bauer, Moody's global banking managing. In total four firms were downgraded by one notch, 10 firms by two notches and one by three notches. Holding companies of a number of the same banks were also downgraded. Credit Suisse faced the largest downgrade, with its rating slashed three levels from Aa1 to A1. Under-pressure US banking giant Morgan Stanley was seen as winning a partial victory by only receiving a two-notch downgrade. Morgan Stanley welcomed the partial reprieve, but nevertheless questioned the Moody's decision. "While Moody's revised ratings are better than its initial guidance of up to three notches, we believe the ratings still do not fully reflect the key strategic actions we have taken in recent years," it said in a statement. Royal Bank of Scotland, which was also downgraded, called the ratings change "backward-looking," saying it did not recognize the "substantial improvements the group has made to its balance sheet, funding and risk profile." Citigroup was similarly unimpressed with the Moody's verdict. "Citi strongly disagrees with Moody's analysis of the banking industry and firmly believes its downgrade of Citi is arbitrary and completely unwarranted." In a jab Citi added that "sophisticated" investors no longer depend heavily on ratings agencies to assess credit risk. Ratings agencies like Moody's were pilloried for failing to predict the cataclysm that engulfed Wall Street and the world beginning in 2008, and Thursday's move was part of a sector-wide effort to tighten up ratings. But even so, the swathe of downgrades amounts to a fresh indictment of the health of the global financial system, which has seen wave after wave of crisis over the last four years. Since the sub-prime crisis banks have seen the value of their assets slump and their access to capital shrink, which has repeatedly forced taxpayers and central banks to step in to provide liquidity. Many governments have been forced to provide bailouts, straining already precarious public finances. On Thursday Spain became the latest to signal a bank bailout. Madrid announced that its crisis-torn banks need up to 62 billion euros ($78 billion) to survive. It is expected to formally ask its eurozone partners for the cash on Friday. The 15 banks downgraded were: Bank of America, Barclays, Citigroup, Credit Suisse, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Royal Bank of Scotland, BNP Paribas, Credit Agricole, Deutsche Bank, Royal Bank of Canada, Societe Generale and UBS. Moody's began its review of the banks in February, and the move was widely anticipated, helping to send the Dow Jones Industrial Average sharply lower on Thursday. In a separate announcement, Moody's also downgraded the long-term debt rating of Lloyds TSB by one notch. The British bank said the change would have "limited impact on our funding costs and market capacity," pointing out that its short-term funding rating remained unchanged. Vietnam tours
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Mã số bài viết afc2e4c84e83bd8c48c6a6805e8fe2b9

Vietnam continues with petrol price cuts

The Ministry of Finance has decided to lower petrol prices by VND300-VND700 per litre beginning June 21, the fourth cut so far this year. Retail prices of petrol RON 92 have been cut from VND21,900 to VND21,200 per litre. Retail prices of petrol RON 92 have been cut from VND21,900 to VND21,200 per litre Retail prices of diesel dropped from VND20,500 to VND20,100 per litre; while a litre of kerosene was cut to VND20,050 from VND20,400 and fuel oil 3.5S down by VND300 to VND17,950 per kilo. In addition to the price cuts, the ministry decided to maintain the current contribution to the petroleum price stabilisation fund at VND300 per litre. The decision takes effect from 4pm on June 21. This is the fourth price cut in the domestic market since the beginning of this year, as a result of falling global prices. So far this year, a litre of petrol has dropped VND2,600. Petrol prices were cut by VND650-VND800 per litre on June 7. Prices of petrol A92 in Singapore have continued to decline since early April this year. On June 19, FOB prices for petrol A92 in this market dropped to USD98.5 per barrel from USD101.62 on June 18. Despite rising to USD98.8 per litre, the level remained at its lowest level for the past two years. The Ministry of Finance also decided to raise petroleum import taxes. The import tax on petrol increased by 3% to 10%; while, tax of diesel, kerosene and fuel oil rose 2% to 8% and 10% respectively. Vietnam tours
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Mã số bài viết efbd52c99be23c68150339d65f2f6f55

Vietnam continues with petrol price cuts

The Ministry of Finance has decided to lower petrol prices by VND300-VND700 per litre beginning June 21, the fourth cut so far this year. Retail prices of petrol RON 92 have been cut from VND21,900 to VND21,200 per litre. Retail prices of petrol RON 92 have been cut from VND21,900 to VND21,200 per litre Retail prices of diesel dropped from VND20,500 to VND20,100 per litre; while a litre of kerosene was cut to VND20,050 from VND20,400 and fuel oil 3.5S down by VND300 to VND17,950 per kilo. In addition to the price cuts, the ministry decided to maintain the current contribution to the petroleum price stabilisation fund at VND300 per litre. The decision takes effect from 4pm on June 21. This is the fourth price cut in the domestic market since the beginning of this year, as a result of falling global prices. So far this year, a litre of petrol has dropped VND2,600. Petrol prices were cut by VND650-VND800 per litre on June 7. Prices of petrol A92 in Singapore have continued to decline since early April this year. On June 19, FOB prices for petrol A92 in this market dropped to USD98.5 per barrel from USD101.62 on June 18. Despite rising to USD98.8 per litre, the level remained at its lowest level for the past two years. The Ministry of Finance also decided to raise petroleum import taxes. The import tax on petrol increased by 3% to 10%; while, tax of diesel, kerosene and fuel oil rose 2% to 8% and 10% respectively. Vietnam tours
Travel to Vietnam
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Mã số bài viết 062e59de08db5a69d064e0759b44a19a

Special services attract customers amid economic difficulties

While hundreds of businesses go bankrupt or face financial hardship some of the more unique parts of the service industry have been faring quite well. Plucking grey hairs, a new service Services such as plucking grey hairs, taking care of domestic animals and leasing virtual offices have seen no shortage of customers. Le Trung Tin, Director of an event organising company in Ba Dinh District, Hanoi, said his firm has targeted wealthy families for weddings, funerals, birthdays and other ceremonies during the economic downturn. The company charges between VND3-5 million (USD142.8-238) to plan parties and also offers event consulting services. 'Virtual offices' have also become a trend among businesses. Le Cam Ha, of My Dinh new urban area, Tu Liem District, shared, "Virtual offices are relatively new in Vietnam, mainly serving start-up businesses that are able to do most of their work online. Many foreign companies also use this service to open new branches. Virtual offices are managed by IT and leased at VND1-2 million (USD47.6-95.2) per month. The service often includes receptionists, fax system and other conveniences. These offices also provide support services, such as business registration certificates, tax declaration support and free web design." A number of hairdressers have started to offer hair plucking services to get rid of grey hair. For many this has become their main business. Vu Hai Minh, owner of hairdresser on Van Cao Street, Ba Dinh District, said that she had to hire extra staff to provide the service to the middle-aged customers. Although the prices are not high, the number of customers has made it profitable. Minh hopes to focus on hair plucking to make up for the decline in demand for other services. Pet care has also been taking off, particularly in the summer as families go on holiday. Prices depend on the the animal's weight; VND90,000 (USD4.28) for an animal weighing 1-10kg, VND130-150,000 (USD6.17.1) for 10-15kg and VND180,0000-200,000 (USD8.57-9.52) any animal over 15kg. Higher fees can be charged for extra care, such as better quality food, daily walks, playgrounds and even air-conditioned rooms. The companies also provide beauty care for the animals such as nail clipping and feather dyeing. Vietnam tours
Travel to Vietnam
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Mã số bài viết d044feaa005e897621730ed814abbc5b

Special services attract customers amid economic difficulties

While hundreds of businesses go bankrupt or face financial hardship some of the more unique parts of the service industry have been faring quite well. Plucking grey hairs, a new service Services such as plucking grey hairs, taking care of domestic animals and leasing virtual offices have seen no shortage of customers. Le Trung Tin, Director of an event organising company in Ba Dinh District, Hanoi, said his firm has targeted wealthy families for weddings, funerals, birthdays and other ceremonies during the economic downturn. The company charges between VND3-5 million (USD142.8-238) to plan parties and also offers event consulting services. 'Virtual offices' have also become a trend among businesses. Le Cam Ha, of My Dinh new urban area, Tu Liem District, shared, "Virtual offices are relatively new in Vietnam, mainly serving start-up businesses that are able to do most of their work online. Many foreign companies also use this service to open new branches. Virtual offices are managed by IT and leased at VND1-2 million (USD47.6-95.2) per month. The service often includes receptionists, fax system and other conveniences. These offices also provide support services, such as business registration certificates, tax declaration support and free web design." A number of hairdressers have started to offer hair plucking services to get rid of grey hair. For many this has become their main business. Vu Hai Minh, owner of hairdresser on Van Cao Street, Ba Dinh District, said that she had to hire extra staff to provide the service to the middle-aged customers. Although the prices are not high, the number of customers has made it profitable. Minh hopes to focus on hair plucking to make up for the decline in demand for other services. Pet care has also been taking off, particularly in the summer as families go on holiday. Prices depend on the the animal's weight; VND90,000 (USD4.28) for an animal weighing 1-10kg, VND130-150,000 (USD6.17.1) for 10-15kg and VND180,0000-200,000 (USD8.57-9.52) any animal over 15kg. Higher fees can be charged for extra care, such as better quality food, daily walks, playgrounds and even air-conditioned rooms. The companies also provide beauty care for the animals such as nail clipping and feather dyeing. Vietnam tours
Travel to Vietnam
tours vietnam
visit vietnam
hitech review
weight loss
cute girl
dac san hue
how to solve rubik
how to tie a tie
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Mã số bài viết 28c7fea6b89806444681b6a758d61d9d

Apple fined $2.29 mln over Australian \'4G\' iPad

Apple was Thursday fined Aus$2.25 million (US$2.29 million) for "deliberately" misleading Australian consumers about the local 4G capability of its next-generation iPad. This file photo shows customers lining up outside an Apple store in Sydney, in March. The tech giant was also ordered to pay Aus$300,000 in costs by the Federal Court in a case brought by regulators. Justice Mordy Bromberg found that Apple misled people with claims in its advertising implying that the "iPad with WiFi + 4G" could connect with fourth generation cellular networks in Australia, when it could not. The judgement ruled that the company engaged in conduct liable to mislead the public and contravened Australian consumer law. "The conduct concerned was deliberate and very serious," Bromberg said. "It exposed a significant proportion of Australian consumers of tablet devices to a misleading representation." Apple offered in March to refund customers who felt they had been duped, and to publish a clarification about the popular tablet's capabilities. The product is now advertised outside North America as "Wi-Fi + Cellular" -- a change that came into effect on May 12 -- with a clear caveat on its Australian site that "it is not compatible with current Australian 4G LTE and WiMax networks." Earlier this month, the company agreed to settle the case with the Australian Competition and Consumer Commission, which initiated the proceedings. But Bromberg had refused to make an official ruling until he had details on how many iPads had been sold and were returned under the refund offer and further information on Apple's financial position. He said Thursday the risk of contravening Australian consumer law would have been "reasonably obvious" to Apple. "In that context, and in the absence of any other explanation, the facts to which I have just referred suggest that Apple's desire for global uniformity was given a greater priority than the need to ensure compliance with the Australian consumer law," he said. "Conduct of that kind is serious and unacceptable." The iPad was the world's best-selling tablet in the first three months of 2012, outgunning its Android-powered rivals, with sales more than doubling from a year earlier to send Apple's profits soaring. Vietnam tours
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Mã số bài viết 9c6c3e8a883387c6db763d9d35e89ffc