Cambodian authorities detain the accused and display the cash seized from them (Photo: Fresh News) Phnom Penh (VNA) – Cambodian authorities have recently discovered several illegal money transport cases with huge amounts through the country’s international airports. On July 9, three men from Hong Kong (China) were arrested at the Phnom Penh International Airport for bringing nearly 1 million USD in cash without making declaration. Local media quoted General Sok Phal, Minister of State of the Cambodian Interior Ministry, as saying that the men hid the money in three suitcases and a Chinese national had waited for them at the airport. Two days earlier, Cambodian authorities captured two Korean citizens - Yoon Won-gi and Song Hyun-hoo at the Siem Reap International Airport and seized up to 2.2 million USD. Local police said that the Koreans also travelled to Cambodia from Hong Kong. In February, the Paris-based Financial Action Task Force (FATF) … [Read more...] about Cambodia discovers illegal money transport cases
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The government is now promoting a mobile application called the "Pracharat Money Bag" and it has set a target of 100,000 registered stores. The Director-General of the Comptroller’s General Department, Suttirat Rattanachot said about 23,700 stores have registered with the "Pracharat Money Bag" app, and a total of 34,221 Blue Flag Pracharat shops are using electronic data capture (EDC) devices to read the state welfare cards. Ms. Suttirat said there are now more than 57,900 stores and shops that support the state welfare cardholders who mostly purchase consumer goods, such as soap, toothpaste, and detergent. The Ministry of Finance is providing more channels for the state welfare cardholders, so they can make purchases more conveniently at small grocery stores. At the same time, vendors would also earn more revenue. Since this week, the Comptroller’s General Department, under the Ministry of Finance, has been working with the Ministry of Commerce and Krung Thai Bank (KTB) … [Read more...] about Vendors encouraged to use “Pracharat Money Bag” app
The Hanoitimes - Senior government officials said that electricity and gasoline are items leaving impacts on the economy and catching public attention. PM orders checking of power price hike following social outcry Vietnamese media has questioned the Ministry of Industry and Trade (MOIT) about labeling “secret” the plans for raising electricity and gasoline prices. Government April meeting with the chairmanship of Chairman Mai Tien Dung. Photo: VGP VnExpress asked the MOIT at the government’s regular meeting last weekend why it tagged the adjustment of power and gasoline prices as “state secret” and basing on what ground. In response, Deputy Minister of MOIT Do Thang Hai said that the ministry keeps the plans unrevealed before the official announcement with an aim to avoid any unexpected impacts on the society due to the crucial role of electricity and petroleum in the economy. Hai attributed the Law on Protecting State … [Read more...] about Why does Vietnam label plans on energy price hike “secret”?
Chairman of the Truong Hai –Thaco Group Tran Ba Duong presents 100,000 USD to Park Hang-seo (L) (Source: VNA) Quang Nam (VNA) – Coach Park Hang-seo of the Vietnam national football team on December 16 announced he will donate the 100,000 USD he was rewarded for charity activities in the host country. Speaking at a ceremony in Quang Nam province to receive the money from a donor following the victory of the team a day earlier, the Republic of Korea’s coach thanked Chairman of the Hoang Anh Gia Lai group Doan Nguyen Duc for inviting him to work in the position, which he said had created a chance for him to live and associate himself with the country, people and football of Vietnam. He also thanked donor Tran Ba Duong, Chairman of the Truong Hai –Thaco group, for the generous rewards to him so far, including the 100,000 USD given after Vietnam championed the ASEAN Football Federation (AFF) Suzuki Cup 2018. The coach said he will use the money to help develop … [Read more...] about Korean coach to use rewarded money for charity activities
Viet Nam News Trần Ngọc Hùng, chairman of the Việt Nam Construction Association, speaks to Việt Nam News Agency about key reasons for the delays in the renovation of old living quarters in Hà Nội. How do you evaluate the national programme to renovate old living quarters? The national programme to renovate old living quarters was launched more than 10 years ago, but its implementation has been very slow. As a consequence, its results have been limited. According to the latest report, some 25 percent of the old living quarters have been described as “very dangerous.” They could collapse at any time and the lives of people living in these building are at risk. What are the main factors preventing the programme from following its approved plan? The Government’s policy is totally right, yet specific guidelines and solutions to implement the policy have not been translated into real life. I should say the implementation of the … [Read more...] about Why does renovation of old living quarters proceed so slowly?