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Posts Tagged ‘tightened’

Vietnam and Cambodia friendship tightened

In Uncategorized on November 5, 2010 at 11:19 am

Screws tightened on news portals’ sourced material

In Uncategorized on August 3, 2010 at 3:23 pm

Screws tightened on news portals’ sourced material

QĐND – Tuesday, August 03, 2010, 21:12 (GMT+7)

General news portals which want to present information from another source have to ensure they use accredited and reliable sources and feature accurate quotes, according to a latest decree on web portal management published by the Ministry of Information and Communications.

A formal source of information, as defined in the decree, includes official websites of Vietnamese newspapers or web portals of Party and Government offices in accordance with the Journalism and Intellectual Property Laws.

News portals which copy original sources will have to list the original publication, name of author and date of publication.

According to Nguyen Thi Thanh Huyen, from the ministry’s Administration for Radio Broadcast, Television and E-Information, which compiled the decree, this requirement is to address a situation where the content of an original news story is published, but is later modified by web portals.

“This will require the web portals to be more responsible with news they collect,” she said.

This decree also prohibits general news portals to provide, transmit, advertise or put direct web links to illegal sources of information. They include the utilisation and provision of information that violates privacy, intellectual property or contains the depiction of sexually explicit activities and erotic content.

Nguyen Hoang Tuan Anh, external affairs director of the VNG Company, owners of a popular news portal, said the requirement to only use information from formal sources appeared to limit the news portals activities.

He said: “The limitation should be imposed based on the fields of information rather than on the sources. For example, when it comes to politics or religion, I agree that we should be cautious when publishing related stories. But how about entertainment news such as football and fashion, I don’t think a variety of sources of such information does more harm than good.”

Organisation and enterprises which own the web portals have to submit a report on their activity every 12 months, while the interval for report submission of those which are the providers of social network services is six months.

Anh, whose company also provides a social network service, said it was necessary for providers to submit reports so that the authorities could track their activities.

“The data collected from providers will help policy-makers develop sound policies that will reflect the rapid development of this new type of web service.”

Managers of web portals are also required to be of Vietnamese nationality and permanent residence in Viet Nam and holding a bachelors degree is mandatory.

The regulation will take effect from September.

Source: VietNamNet/Viet Nam News






Source: QDND

Rules for moneychangers tightened

In Uncategorized on December 4, 2008 at 1:39 pm

Foreign currencies are exchanged at Quoc Trinh Shop in Ha Noi. Many jewellery shops and travel companies in HCM City are likely to be banned from changing foreign currencies, after a new central bank ruling. — VNS Photo Truong Vi

HCM CITY — Many jewellery shops and travel companies in HCM City are likely to be banned from exchanging foreign currencies under a new central bank rule, and banks have been told to submit a list of their foreign exchange agents who cannot meet the new requirements.

The State Bank of Viet Nam (SBV) now requires forex agents to be located in places where there are many foreign tourists – like near three – and five-star hotels and airline booking offices and in tourism areas, shopping malls, and international border gates.

Nguyen Thi Minh Lan, director of the SBV’s Foreign Exchange Management Department in HCM City, said most jewellery shops in the city would become ineligible since they were not located in such areas.

The central bank also requires shops to have separate counters for forex and gold transactions.

Several travel companies recently petitioned to keep their forex services but the SBV rejected their demand, saying their transactions with foreigners should be through transfers rather than cash, while tourists could exchange money at their hotels.

The SBV had instructed commercial banks to send a list of forex agents failing to meet the new requirement by the end of last month.

The banks will have to liquidate their old contracts with forex agents and sign new ones now.

Lan said the central bank had terminated about 600 contracts in HCM City. Around 30 parties have applied for licences under the new regulation, but only nine have got it.

The SBV has also ordered commercial banks to closely monitor their forex agents, saying they would be punished for any violations by their agents.

Shops caught trading without a licence would hereafter be fined VND45-75 million (US$2,650-4,420).

Currently, many jewellery shops, both with and without forex permits, trade foreign currencies openly. Customers can easily buy large amounts of foreign money at these shops without, unlike at banks, having to show the purpose for which they need them. —

Security tightened in Mumbai after terror attacks

In Uncategorized on November 28, 2008 at 5:16 pm

New Delhi (VNA) – Security was tightened in Mumbai, India on November 27 a day after a series of terrorist attacks at 10 different places in the city, leaving 101 people dead and 250 injured.

According to the Economic Times of India, five star hotels in the national capital turned into mini-fortresses with dozens of additional private security guards swinging into action checking on vehicles and frisking the patrons following November 26 terror attacks on the posh hotels in Mumbai.

“Our security was always on high alert. We had put into place a new security system after the serial blasts in Delhi . It is a tragic time that we are living in. The security of our patrons is our top most priority,” an executive of the Park Hotel located in Central Delhi was quoted as saying.

Barricades were placed outside the hotels with private security guards keeping a close eye on the visitors. Cars were not allowed to stop in front of the hotel as guards could be seen asking the drivers to park ahead.

The Delhi police have stepped up the security in the national capital in the wake of terror attacks in Mumbai.

An Air India spokesperson said that both domestic and international flights were now running as scheduled from Mumbai international airport on November 27. Railway services also resumed normally after trains were suspended for some six hours from the time people heard about the terror attacks.

The incidents have led to complete closure of all major bourses in the capital’s financial centres. The Reserve Bank of India (RBI), Indian central bank, said there would be no transactions and settlements in government securities, foreign exchange and money markets on the day.-