Singapore 

Bus involved in fatal Tuas crash was travelling at three times the ‘safe speed’, Singapore News

SINGAPORE – A Malaysia-registered bus that was involved in a fatal accident on a ramp near the arrival hall of Tuas Checkpoint in Feb 2019 had been travelling at more than three times the reported safe speed before it hit a wall. On Friday (Aug 16), Coroner Marvin Bay noted that the Malaysian driver, Mr Kalaimani Muniandy, 60, had been driving at more than 60kmh before the accident took place at a bend at around 4.30am on Feb 26. The “safe speed” for travelling there was 15 to 20kmh, investigation officer (IO) Senior…

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Vietnam 

Việt Nam needs skilled workers for digital transformation – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Speakers at the 2019 Economic Forum organised in HCM City on Thursday by Forbes Việt Nam, which this year had the theme “Navigating the Digital Age”. VNA/VNS Photo Mỹ Phương HCM CITY — To transition from a natural resources-based labour intensive economy to a knowledge-based economy, VIệt Nam should acquire a high-skilled workforce that can navigate the digital transformation, experts have said.   Speaking at an economic forum in the city on Thursday, Dr Trần Đình Thiên, member of the National Monetary and Financial Policy Advisory Council, said Việt…

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Vietnam 

Gov’t plans to equitise 93 SOEs through 2020 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    93 State-owned enterprises (SOEs), including Agribank, will be equitised from now to the end of 2020. Photo Agribank HÀ NỘI — The Government is stepping up equitisation efforts, setting to equitise 93 State-owned enterprises (SOEs) from now to the end of 2020. Under a decision signed this week by Prime Minister Nguyễn Xuân Phúc, the State aims to hold at least 65 per cent of charter capital in four SOEs, including Bank for Agriculture and Rural Development (Agribank), National Coal-Mineral Industries Holding Corporation Limited (Vinacomin), Northern Food Corporation…

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Singapore 

Singaporean kayaker’s body brought home; search area for 2nd kayaker narrowed after body sighting, Singapore News

SINGAPORE – The body of Singaporean kayaker Josephine Puah Geok Tin, 57, was transported by undertakers back to Singapore on Friday (Aug 16), accompanied by her younger son Louis Pang and five relatives. Meanwhile, Malaysian authorities continued to comb the waters between Kuantan, in Pahang, and Kerteh, in Terengganu, for Mr Tan Eng Soon. The 62-year-old and Madam Puah had gone missing while kayaking in Endau waters near Mersing last Thursday (Aug 8). The Malaysian Maritime Enforcement Agency said in a statement in Malay on Friday: “Following the discovery of a…

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Vietnam 

Kiên Giang gets Ministry of Construction nod to delay special economic zone plans – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  HCM CITY — The Ministry of Construction has green-lighted Kiên Giang Province’s proposal to suspend the master plan to develop Phú Quốc Island into a special administrative-economic zone (SEZ). In a report to the Government Office, the ministry said: “Right now is not the right time to establish a master plan to develop Phú Quốc Island into an SEZ due to lack of provisions in the current laws on planning [to set up a special economic unit].” But as a long-term development strategy, it said the province should draft…

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Vietnam 

Int’l accounting rules pave way for investment – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The Ministry of Finance held a seminar in Hà Nội on Friday. During 2022-2025, the ministry will select certain firms to implement IFRS. — Photo cafef.vn HÀ NỘI — Vietnamese firms should adopt International Financial Reporting Standards (IFRS) instead of current Vietnamese accounting standards (VAS) if they want to enhance transparency and become more attractive to investors. The statement was made by Trịnh Đức Vinh, Deputy Director of the Accounting and Auditing Management Supervision Department of the Ministry of Finance in a seminar held in…

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Vietnam 

Statistics bureau to revise GDP reading – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Workers assemble a car at a factory in northern Việt Nam. It is possible that a revision of  GDP reading will see Việt Nam’s GDP and per capita GDP increased. — VNA Photo HÀ NỘI — The General Statistic Office of Việt Nam (GSO) announced on Friday it has started a process to revise the country’s GDP calculation. It is possible that the revision will increase Việt Nam’s GDP and per capita GDP, with the latter having an impact on household spending as Việt Nam approaches…

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Vietnam 

Rising demands for realty with long-term ownership – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    A residential area in Hà Nội. There is huge room for the development of apartments with long-term ownership. Photo realtimes.vn HÀ NỘI Local demand for real estate products with long-term ownership exceeds supply as most of Vietnamese people prefer this kind of deal, experts said during a conference on Friday. During the conference titled ‘Real estate ownership trend: International experience and Vietnamese practice’ held by the Vietnam Real Estate Association in HCM City, Dương Thùy Dung, CBRE Vietnam’s Senior Director, said besides land with long-term ownership, apartments, villas and…

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Vietnam 

Chi Lăng custard-apple promoted in Hà Nội – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Chi Lăng custard-apple is a special fruit in the northern province of Lạng Sơn. It is being on display at the Trade Promotion Centre of Agriculture in Hà Nội’s Cầu Giấy District. —VNA/VNS Photo Vũ Sinh HÀ NỘI — The 2019 week of Chi Lăng custard-apple and specialties in the northern province of Lạng Sơn was launched at the Trade Promotion Centre of Agriculture in Hà Nội’s Cầu Giấy District on Friday. Custard-apple is a valuable tree in the province, helping people in Chi Lang District earn billions of đồng every year. In 2011,…

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Home 

The world’s biggest pork eaters are developing a palate for beef and other substitutes

China’s pork consumption has probably peaked, as consumers are opting for a healthier and a more varied diet.Some 41.4 million tonnes of pork was consumed by the nation’s 1.4 billion people last year, according to market research provider Euromonitor. Although slightly higher than 41 million tonnes in 2017, it was 4.7 per cent lower than the historical peak of 42.5 million tonnes in 2014.On a per capita basis, last year’s consumption of 29.8kg was also 4.5 per cent lower than in 2014.Darin… Source link

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