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March 9th Qingqiao Morning Post | Vietnam's largest fraud and corruption case opens for trial, with up to 85 defendants
Release time:2024-03-09 Source: Qingqiao Number of views:

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An old hero crouching on a beam, with a thousand miles of ambition
Today in history:On this day 173 years ago, Danish physicist, chemist, and thinker Hans K ä rstian Oster passed away. In the field of physics, he first discovered that the current carrying wire would generate a force on the magnetic needle, causing it to change direction. In the field of chemistry, he discovered the element of aluminum, and in terms of thought, he coined the term "thought experiment". He was also the first modern thinker to clearly describe thought experiments.
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politics
01The largest fraud and corruption case in Vietnam has opened for trial, with up to 85 defendants

Ho Chi Minh City Comprehensive News: Recently,The largest ever fraud and money laundering case in Vietnam has been heard in Ho Chi Minh City Court, with Vietnamese female tycoon and chairman of Vietnamese real estate developer Wan Sheng Fa Group, Zhang Meilan, accused of embezzling overUp to 85 defendants, including former employees of the Vietnamese central bank and government officials, were involved in the $12 billion case.According to insiders,The Ho Chi Minh City People's Court sued the first defendant Zhang Meilan on three charges of embezzlement of property, bribery, and violation of credit institution loan regulationsIf convicted, she will be sentenced to death or imprisonment.


In addition, the Supreme People's Procuratorate of Vietnam has prosecuted other individuals for multiple crimes, including abuse of power, dereliction of duty and responsibility in the execution of official duties, serious consequences, violation of credit institution and national bank operation regulations and related bank regulations, abuse of trust and embezzlement of property, etc85 defendants, including Zhang Meilan's husband, Hong Kong real estate developer Zhu Liji, as well as leaders of Sai Kung Commercial Bank, former Central Bank, former Government Inspectorate, and former National Audit Office.


It is understood that,67 year old Zhang Meilan is suspected of fraudulently obtaining funds equivalent to 3% of Vietnam's 2022 gross domestic product through ghost companies, bribery of government officials, and her illegally controlled Saigon Commercial Bank. The police have confirmed that there are as many as 42000 victims in this case. This large-scale fraud case shocked the whole country, causing hundreds of people to hold protests in Hanoi and Ho Chi Minh City,This is extremely rare in Vietnam.

02Japan plans to introduce 800000 foreign workers within five years

Reuters News: Recently, Japanese authorities revealed that,In response to the serious labor shortage caused by population decline, the Japanese government is preparing to double the number of imported workers from abroad in the next five years, from 300000 three years ago to 800000. Currently, Japan has 2 million foreign workers. The authorities predict that by 2100, the proportion of foreigners in Japan's population will reach about 10%.


It is understood that,Japan inLaunched in 2019Now"Specific skills" residency system, accepting applications from foreigners with certain professional skills and Japanese proficiencyBecoming a Japanese laborer. according toAccording to government statistics, as of last yearAt the end of November, 200000 foreign workers held this status. The authorities also distinguish specific skills into "number one" and "number two". The former allows for a maximum of five years of work in Japan, while the latter can apply to become a permanent resident under certain conditions.


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military affairs
01The EU plans to shift the European arms industry towards a "war economy model"

The Lianhe Zaobao reported that recently, the European Commission proposed to boost the EU arms industry program, with the goal of turning the EU arms industry into a "war economy model" in response to the crisis caused by Russia's invasion of Ukraine. EU Industry Commissioner Breton said that the EU will soon release a series of recommendations to encourage EU countries to jointly purchase more weapons from European arms production companies and help them increase production capacity, enter a mode of war, and take greater responsibility for their own security in the current geopolitical context.


It is reported that,Russia-Ukraine WarEncouraging many European countries to increase defense spending, but EU officials believe that individual countries have lower efficiency in their efforts and hope that the EU can play a greater role in defense industry policies. AnalystShi said that the Russo Ukrainian war clearly indicates that the European arms industry did notBe prepared to tackle some major challenges, such as the sudden surge in demand for large amounts of artillery ammunition, and the EU is likely to pressure European weapon production companies to prioritize European orders during times of crisis.


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economic
01Musk sues OpenAI for Sharing Technology

According to Agence France Presse, American entrepreneur Musk recently sued OpenAI and its CEO, Altman, and others in the San Francisco High Court, claiming that they developed artificial intelligence for profit rather than human interests and demanded that the company share technology. Musk stated in the lawsuit that Altman and OpenAI co-founder Brockman approached him in 2015 and agreed to establish a non-profit laboratory to develop universal AI for the benefit of humanity. But OpenAI has now created a for-profit business unit and restricted the use of its technology by others.


It is understood that,OpenAI has become a subsidiary of Microsoft and is currently developing and improving general artificial intelligence to maximize Microsoft's profits. MasKe believes that this violates the original contract, and he demands that OpenAI open up its technology and also demands that Altman and others repay the funds he provided. Musk has invested over $44 million in OpenAI, and he claims that without his involvement and support, OpenAI is highly likely to never get started.

02Cooperation between Cambodia and the UK to develop green economic zones

According to the Cambodian China Times, recently, Cambodian Deputy Prime Minister and Minister of Finance and Economics, Womben Monillo, visited the UK and discussed with the UK sideDevelopment projects for green economic zones, investment from the UK, and support for Cambodia's exports. Cambodia stated that the two countries have established close cooperation in various fields, and the UK supports Cambodia's commodity exports and proposes the "Green Economic Zone" initiative, which will further promote Cambodia's economic and social development. The UK highly evaluates and affirms the cooperative relationship between Cambodia and the UK, emphasizing its willingness to further strengthen and consolidate the cooperative relationship, especially by establishing "green economic zones" to attract foreign investment to Cambodia.


It is worth mentioning that Cambodia and the United Kingdom passed the economic cooperation last yearSigned a cooperation agreement in December. Under this cooperation agreement, the Cambodian Ministry of Finance will collaborate with the Office of Foreign Affairs, Commonwealth and Development of the United Kingdom. The UK government will provide technical assistance to Cambodia through the UK Investment Partner Toolkit to encourageEncourage British companies to explore investment opportunities in Cambodia and provide financial support to related companies.


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security

01Endangered fish species in the Mekong River

Bangkok Comprehensive News: Recently,World Wildlife Fund, etcPublished by 26 conservation organizationsNowThe Forgotten Fish of the Mekong RiverReport, report displayThe Mekong River hasOut of 1148 species of fish, approximately 19% are on the brink of extinction, and due to limited knowledge of 38% of the species, the conservation status cannot be measured, so the endangered rate may be higher. reportstillIt is pointed out that the threats faced by fish include habitat loss, wetland use for agriculture and aquaculture, unsustainable sand mining, invasive alien species, worsening climate change, and damage to rivers and their tributaries by hydroelectric dams.


River research expertHoganCurrently, hydropower development and hydropower stations pose the greatest threat to fish in the Mekong RiverThe dam has changed the flow and water quality of the Mekong River, hindering the migration of fish.Therefore, he called forMekong River Basin CountrieswantStrive to protect and restore river ecosystems, including increasing natural flow of rivers, improving water quality, protecting important habitats and species, and dismantling outdated river barriers.


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culture
01Controversy over Malaysia's culinary heritage meat and bone tea

According to Malaysian news, Malaysia has recently issued the 2024 list of material heritage sites, officiallyList meat and bone tea as a national culinary heritage. However, this move has caused dissatisfaction among some people. The head of the Malaysian Witch Youth League, Akhma, criticized Malaysia's Minister of Tourism, Arts and Culture, Zhang Qingxin, for "lacking sensitivity" in listing meat and bone tea as a Malaysian culinary heritage. He said that meat and bone tea should not be listed as a national cultural heritage because it is not halal food and cannot be shared with people of all religions.


Previously, Johor State's Tebuk district congressman, Pan Weis, suggested to Congress last year that meat and bone tea, as well as Laksha, be listed as Malaysian culinary heritage. However, this proposal faced opposition from some people who believed that meat and bone tea should not be listed as a national heritage as it is not accessible to all. In this regard, the relevant authorities call on all parties to view this issue with an open mind.






Financial Newsletter
Futures Daily News: Recently, international gold prices have continued to rise, breaking through a high of $2100 per ounce. The price of gold in China has also continued to rise. Public data shows that China's spot gold hit a new historical high of $2152 per ounce, continuing to rise.


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