China's ZTE apologizes after paying 'disastrous price' in U.S. sanction case <p align="left" class="SGTOSummary"> HONG KONG/SHENZHEN (REUTERS) - The chairman of ZTE Corp apologized to staff and customers last week after the Chinese technology firm agreed to pay a US$1 billion fine to the United States to end a supplier ban that has crippled its business.</p> <p> The deal allows China’s second-largest telecoms equipment firm to restart operations, reaffirm supplier relationships and rebuild trust with global clients, as it works to move on from an episode which it said threatened its very existence.</p> <p> But industry experts estimate it would take at least a month for ZTE to ship phones again after the ban is lifted, while employees fear job cuts, wage reductions and a potential loss of customers, as the firm is set to reshuffle senior management.</p> <p> The company agreed on Thursday to pay the fine and overhaul its leadership to … [Read more...] about China’s ZTE apologizes after paying ‘disastrous price’ in U.S. sanction case
U s business culture
Obama to discuss maritime “serious tensions” in Vietnam visit: U.S. official
U.S. Assistant Secretary of State for East Asian and Pacific Affairs (EPA) Daniel R. Russel said Obama will discuss five areas of importance with Vietnam, including expanding security co-operation. "It's important in terms of international peace keeping, regional humanitarian, maritime awareness and security," he said. He said U.S has no claim and no desire to acquire any island or any maritime space in South China Sea (Vietnam's East Sea). "We’re not grabbing anything, not taking anything away from someone else. We’re trying to do two things. We’re trying to keep oceans open for anybody and trying to ensure there’s no illusion of international legal rights," Russel said in a media briefing in Hanoi today as part of the lead-up to the anticipated visit by U.S. President Obama. "The exercise by the US Navy of our rights on your international law, the same rights that China has, same that Vietnam has, is a global worldwide policy, a decades long policy. It is in … [Read more...] about Obama to discuss maritime “serious tensions” in Vietnam visit: U.S. official
Vietnamese actor arrested in U.S. on child sex charges
Police arrested Minh on March 24, and he was charged with one count each of oral copulation of a minor, attempting to commit a lewd act upon a child under the age of 14, and meeting with a minor with the intent to engage in lewd conduct. The Orange County Sheriff’s jail log indicates Minh remains in custody with bail set at $1 million. His next scheduled court appearance is April 15. If convicted of the charges he faces a maximum prison sentence of five years and eight months, and a lifetime sex offender registration, the Orange County District Attorney’s Office said in a statement to local media. Minh was reportedly holding auditions for a project he was working on in California, and he is accused of orally copulating a boy on March 23, when the victim arrived for the audition. The boy reported the incident to police which launched an investigation, the Orange County Register reported, citing prosecutors. The next day, an undercover officer posing as a minor … [Read more...] about Vietnamese actor arrested in U.S. on child sex charges
Nhat Thang Co., Ltd Introduces Vietnamese Culture to the U.S
Have you ever imagined such rustic and simple things available in rural areas of Vietnam like straw, spathes of corn, banana, bamboo which can become pristine, unique, attractive and popular in many countries such as Japan, the US and E.U." Mr Do Manh Tai - a handicraft exporter has told us about a long success story of making the impossible possible.Access to the market carefully and most efficiently Born and growing up in the countryside of many generations associated with agriculture, Mr Do Manh Tai has been always wondering how to develop production and business activities in associated with creating jobs for workers. Having early regconised the new business direction with encouraging policies for the developing economic sectors of the State, in 2000 he founded Nhat Thang Company Limited to satisfy his business ideas. He realised that the traditional craft villages in Vietnam which has a long life with a unique product with sharply cultural values and daily activities of the … [Read more...] about Nhat Thang Co., Ltd Introduces Vietnamese Culture to the U.S
“Meet Vietnam” – Good Chance to Promote Vietnam-U.S Bilateral Relations
Vietnam is the first of a series of activities to expand external economic relations and promote the image of Vietnam in San Francisco City, California, USA. This event is held by the Vietnamese Ministry of Foreign Affairs in coordination with related ministries, branches and localities on November 15 and 16 in San Francisco. "Meet Vietnam" is aimed to help politicians, businessmen and people in California to know more about the land, the people and the economic development potentialities in Vietnam; promote multifaceted relations between Vietnam and California, especially in economy, trade, investment, education, science and technology; create conditions for Vietnamese people in California to approach real information and update the development in Vietnam, thus persuading overseas Vietnamese to contribute to the socioeconomic development of Vietnam. "Meet Vietnam" is constituted by exhibitions, art performances, investment forums, information technology, education and other … [Read more...] about “Meet Vietnam” – Good Chance to Promote Vietnam-U.S Bilateral Relations