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News
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Fewer New COVID Cases, One Death

Posted byNguyen Ayi

By Joe Fotalatte

According to the Ministry of Health, 234 new cases were reported on December 19. The number of new daily COVID-19 cases in Vietnam has decreased in the past few days.

Twenty-four patients received the all-clear, and 47 patients currently require assistance breathing. The number of fatalities from COVID-19 has increased to 43,180 after one death in the last 24 hours.

On December 18, 3,251 additional vaccine doses were administered. Public health experts encourage the 65+ and immune compromised to receive updated bivalent booster shots to protect the most vulnerable population.

 

Crime
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Life In Prison Recommended For Real Estate Tycoon

Posted byNguyen Ayi

by Joe Fotalattee

According to Vietnam News, The HCM City People’s Procuracy on Monday proposed life imprisonment for Nguyn Thái Luyn, 36, chairman of the board of directors of Alibaba Real Estate Company. Property fraud and money laundering by the company resulted in more than 4,500 victims losing more than VN2.4 trillion (US$101 million).

The prosecution recommended that V Th Thanh Mai, Luyn’s wife, serve more than 30 years in prison, with 20 years for property fraud and 12–14 years for money laundering.

Nguyn Thái Lc, Luyn’s younger brother, was recommended to serve more than 30 years in prison, with 20 years for property fraud and 10 to 12 years for money laundering.

The accountant for the business, Hunh Th Kim Thng, was recommended to serve five to six years in prison for money laundering.

Regarding the other defendants, the prosecution recommended 12 to 20 years in prison for property fraud.

The prosecution recommended that Luyn and his wife Mai compensate 4,550 victims with VN $2.54 trillion. In addition, it demanded that Mai return the VN$13 billion she had obtained through money laundering.

The judge will impose a sentence within the parameters prescribed by law.

CrimeNews
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Domestic Violence Walk In District 7 Raises Awareness

Posted byNguyen Ayi

By Joe Fotalatee

Two thousand people in District 7 walked on a call to end domestic violence on Sunday. The successful rally reminds society to support all victims and to consider donations to women’s shelters and support systems this holiday season. It is also a good reminder how close this hits home by reviewing domestic violence prevalence by the numbers. 

In the 2019 UN survey of nearly 6,000 Vietnamese women, aged 15 to 64, nearly two out of three, or 66 percent, reported having experienced physical, sexual, emotional, economic, or controlling behavior from male partners at some point in their lives. Within a year, approximately 32% of women experience abuse.

Other key findings from 2019 UN study:

  • Women with disabilities were more likely than non-disabled women to experience all types of domestic violence.
  • Forty-four percent of women said they were sexually assaulted as children before turning 15 years old.
  • Husbands abused women more frequently than any other perpetrator in Viet Nam. A “non-partner” has physically abused one in ten (10%) women since the age of 15. A male perpetrator, frequently a male family member, was mentioned by the majority (60%) of women who had experienced non-partner violence.
  • Since age 15, one in ten (10%) women have been victims of non-partner sexual assault. Most were committed by males who were not family members.
  • Women’s violence is still largely unreported. The majority of wives who reported experiencing violence did not tell anyone about it. 90% of women who experienced physical or sexual abuse at the hands of their husbands did not seek any assistance from specialized agencies.
  • Children who live in hostile environments are also victims. 61.4% of the women whose husbands had physically abused them admitted that their kids had seen it or heard it somehow. Women who had endured physical,
… Read more
Finance
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State Backs Local Banks, Curbs Inflation, And Ensures Supply For Tet

Posted byNguyen Ayi

State Backs Local Banks, Curbs Inflation, And Ensures Supply For Tet

By Joe Fotalattee

To maintain the ability of credit institutions to make payments, particularly at the end of the year when demand for funds frequently peaks, the State Bank of Vietnam is willing to offer liquidity, according to its deputy governor, Dao Minh Tu.

According to Vietnam News, Tu stated at a meeting last week that “the central bank will ensure liquidity for all commercial banks, including small ones, under all circumstances.”.

According to him, the current monetary policy ensures capital availability, liquidity, and inflation control for this year and the following year. Credit institutions must adhere to operational safety indicators adhere to the SBV’s requirements, per Tu’s orders.

After recent interest rate hikes caused a credit crunch in the real estate and financial markets, the central bank increased the credit growth cap for banks by two percentage points from its earlier target of 14 percent. The policy change allows banks to lend VN240 trillion more (US$9.7 billion) to businesses.

To support businesses, sixteen commercial banks have agreed to cut interest rates by 0–3 percentage points annually, or about VN3–5 trillion. Agribank, Vietcombank, VietinBank, and BIDV were among them, as were a few smaller institutions like SHB, HDBank, and SeABank.

Authorities have created intricate plans to guarantee goods for cities with dense populations and high consumer demand, like Hanoi, Danang, and Ho Chi Minh City.

The Hanoi Department of Industry and Trade’s acting director, Trần Thị Phương Lan, told Vietnam News that the forecast calls for an increase in shopping demand ranging from 15% to 30%, depending on the item, from the end of 2022 through the Lunar New Year in 2023.

With the help of 32 production, trading, and supply companies, Hanoi has a program to increase … Read more

CrimeNewsReal Estate Crash
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Deliberations Begin In Alibaba Real Estate Fraud Case

Posted byNguyen Ayi

By Joe Fotalattee

Nguyen Thai Luyen and 22 other defendants went on trial on December 19 in the fraud case of misappropriating property and money laundering by Alibaba Real Estate Joint Stock Company.

After the testimony of Nguyen Thai Luyen and 22 defendants, the Alibaba case trial entered a deliberations phase, according to reports from Tuoi Tre‘s Vietnamese Newspaper.

Prosecutors affirmed that the State is responsible for managing land and only the State has the authority to separate plots of land or change the purpose of use. However, many businesses have exploited the land investment policy in the past to mislead customers, sell them unqualified land, and divide plots for themselves.

Nguyen Thai Luyen consequently founded Alibaba Real Estate Joint Stock Company and 22 other legal entities in the name of family members and employees to commit fraud and appropriate property. The accused’s names appear on newly purchased agricultural land use rights, and those individuals re-authorize 22 legal entities to register as real estate businesses to draw projects themselves, color them, and divide plots in violation of the law. The defendants used a majority of the money appropriated from customers to buy agricultural land and transfer it to family members or trusted staff. Even though the Ho Chi Minh City People’s Court had finished questioning the victims and had stopped accepting new documents, victims still showed up early on December 19 to file documents.

Chairman Tran Minh Chau announced at the start of the trial that numerous defendants had submitted requests for the court to lighten their sentences. In which the defendant Nguyen Van Kien’s wife submitted evidence to lower the penalty liability and asked to convert the funds the family used to purchase Alibaba’s project into funds for corrective action.

EnvironmentNews
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Vietnam Clean Air Partnership Works To Improve Air Quality

Posted byNguyen Ayi

By Joe Fotalattee

Hoang Duong Tung, chairman of the Vietnam Clean Air Partnership, told Vietnam News Agency that significant air pollution is a major issue in many cities. Roughly a third of the days in major northern cities like Hanoi have poor or bad air quality index (AQI) levels. The AQI rose on several days to the dangerous levels of 201-300.

According to Tung, there are many causes of air pollution in Vietnam, including traffic, construction, industrial manufacturing, and customs from rural communities such as burning straw after the rice harvest. Traffic, construction projects, industrial parks, and factories increase the amount of fine dust that causes air pollution, according to Tung.

He put forth many ideas to deal with the problem of air pollution, such as tightening emission regulations for cars and motorcycles and encouraging the use of clean-fuel vehicles, electric cars, and electric motorcycles. He also suggested promoting the use of public transportation, such as buses, trams, and the metro, to lessen the number of cars on the road. To further reduce air pollution, local authorities must exercise better control over industrial production processes, construction activities, and garbage burning.

According to Nguyen Hung Thinh, deputy director of the Vietnam Environment Administration under the Ministry of Natural Resources and Environment (MONRE), it is crucial to perfect the system of policies to manage air quality to reduce air pollution.

Organizations causing excessive dust pollution should be thoroughly inspected and severely punished under Government’s Decree 08. Additionally, by 2030, they should encourage people to stop using conventional coal stoves by implementing hygienic waste treatment techniques.

CrimeNews
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Kidnapped Mount Vernon Boy Found In Vietnam

Posted byNguyen Ayi

 

By Joe Fotalattee

A 5-year-old Mount Vernon boy returned to Seattle early on Friday, accompanied by FBI agents and victims’ rights activists. After arriving, the boy met up with his natural mother.

According to police, the boy was abducted by his foster mother Amber Dinges, 60, and foster parent Amanda Dinges, 35. The two women, who are not in custody, will be the focus of the police’s attention now that ND has been located, according to police. Despite claiming that extradition and international warrant recognition are “complicated processes,” Mount Vernon police say they believe the suspects to be in Vietnam.”

The birth mother’s lawyer, Brittany Tri, said: “She said that he’s doing good, that he was excited to see her.”. Though she did mention that he is extremely tired, they are both excited, so the excitement is reciprocal. “.

Tri added that she was unaware of the boy having a passport, so she is unsure of how he managed to leave the country.

The search for the boy started in November. 28 when Child Protective Services notified Mount Vernon police that Dinges might have taken the boy with them.

Police found that Amanda Dinges had turned off her phones, left her last-known address, and left the area.

CPS informed the police that the child had not attended school since November. According to probable cause records, Dinges’ apartment had a notice of abandonment posted on the door.

A neighbor reported to police that she saw them and overheard the women telling the boy they “were leaving here. After Amber’s “awkward” response to her neighbor’s question about whether or not they were moving, the neighbor quickly tried to switch the topic of conversation.

On Nov. 21, the apartment’s managers discovered Dinges’ unit’s keys in the office, which they assumed had been … Read more