Latest news with #Luong
India Gazette
27-05-2025
- Politics
- India Gazette
Secretary (East) P Kumaran signs condolence book, pays tribute to former Vietnamese President Tran Duc Luong
New Delhi [India], May 27 (ANI): Secretary (East) P Kumaran signed the book of condolences at the Embassy of Vietnam in New Delhi, paying tribute to Tran Duc Luong, former State President of Vietnam. Sharing a post on X, the Ministry of External Affairs spokesperson Randhir Jaiswal said, 'Secretary (East) P. Kumaran signed the book of condolences at the Embassy of Vietnam in New Delhi on the passing of H.E. Tran Duc Luong, former State President of Vietnam. India warmly remembers late President Tran Duc Luong's contribution to strengthening India-Vietnam friendship.' Meanwhile, Singapore President Tharman Shanmugaratnam has written to President Luong Cuong of Vietnam, and Senior Singaporean Minister Lee Hsien Loong has sent a condolence message to Prime Minister Pham Minh Chinh to convey their condolences on the passing of former Vietnam President Tran Duc Luong on May 20. In the letter, Tharman wrote, 'On behalf of the people of Singapore, I would like to offer my deepest condolences on the passing of former President Tran Duc Luong. President Luong served his country with steadfast determination during a time of profound transformation for Vietnam. President Luong helped to steer Vietnam post-Doi Moi, seeing the country through the Asian Financial Crisis of 1997, and its integration into ASEAN's structures following its formal accession in 1995. His contributions were immense and will be remembered. Our heartfelt sympathies are with you, the people of Vietnam, and President Luong's family.' Lee Hsien, in his letter, said, 'It is with great sadness that I learned of the passing of former President Tran Duc Luong. I had the honour of meeting President Luong during my introductory visit to Vietnam in December 2004 as the then-Prime Minister of Singapore. President Luong was a statesman who devoted his life to serving his country. Under his leadership, Vietnam advanced steadily along its reform path and deepened its engagement with Singapore and the rest of the region. He played a crucial role in laying the foundation for the enduring trust and friendship between our two countries. His legacy will be remembered.' (ANI)
Straits Times
27-05-2025
- Politics
- Straits Times
President Tharman, SM Lee send condolence letters to Vietnam after death of former president
Vietnam's former president Tran Duc Luong died on May 20 at the age of 88 after an illness. PHOTO: AFP President Tharman, SM Lee send condolence letters to Vietnam after death of former president SINGAPORE - President Tharman Shanmugaratnam and Senior Minister Lee Hsien Loong sent condolence letters to Vietnam's leaders on May 26, following the death of the country's former president Tran Duc Luong. Mr Luong died on May 20 at the age of 88 after an illness, reported Viet Nam News . He served as Vietnam's president from 1997 to 2006 . 'On behalf of the people of Singapore, I would like to offer my deepest condolences on the passing of former president Tran Duc Luong,' President Tharman wrote to his counterpart, President Luong Cuong. Mr Tharman noted that Mr Luong had 'served his country with steadfast determination during a time of profound transformation for Vietnam'. He added that the late Vietnamese leader had helped to steer his country in the aftermath of Doi Moi, or a series of market reforms in 1986, seeing Vietnam through the Asian financial crisis of 1997, and 'its integration into Asean's structures' after it became a full member in 1995. 'His contributions were immense, and will be remembered,' said Mr Tharman. SM Lee wrote to Vietnam's Prime Minister Pham Minh Chinh, remembering his introductory visit to Vietnam in December 2004 where he met Mr Luong as then Prime Minister of Singapore. 'President Luong was a statesman who devoted his life to serving his country,' said SM Lee. 'Under his leadership, Vietnam advanced steadily along its reform path and deepened its engagement with Singapore and the rest of the region. He played a crucial role in laying the foundation for the enduring trust and friendship between our two countries. His legacy will be remembered.' Join ST's WhatsApp Channel and get the latest news and must-reads.
Straits Times
26-05-2025
- Business
- Straits Times
President Tharman, SM Lee send condolence letters to Vietnam after passing of former president
Vietnam's former president Tran Duc Luong died on May 20 at the age of 88 after an illness. PHOTO: AFP President Tharman, SM Lee send condolence letters to Vietnam after passing of former president SINGAPORE - President Tharman Shanmugaratnam and Senior Minister Lee Hsien Loong sent condolence letters to Vietnam's leaders on May 26, following the death of the country's former president Tran Duc Luong. Mr Luong had died on May 20 at the age of 88 after an illness, reported Viet Nam News . He served as Vietnam's president from 1997 to 2006 . 'On behalf of the people of Singapore, I would like to offer my deepest condolences on the passing of former President Tran Duc Luong,' President Tharman wrote to his counterpart, President Luong Cuong. Mr Tharman noted that Mr Luong had 'served his country with steadfast determination during a time of profound transformation for Vietnam'. Mr Tharman added that the late Vietnamese leader had helped to steer his country in the aftermath of Doi Moi, or a series of market reforms in 1986, seeing Vietnam through the Asian Financial Crisis in 1997, and 'its integration into Asean's structures' after it became a full member in 1995. 'His contributions were immense, and will be remembered,' said Mr Tharman. Mr Lee wrote to Vietnam's Prime Minister Pham Minh Chinh, remembering his introductory visit to Vietnam in December 2004 where he met Mr Luong as then-Prime Minister of Singapore. 'President Luong was a statesman who devoted his life to serving his country,' said Mr Lee. 'Under his leadership, Vietnam advanced steadily along its reform path and deepened its engagement with Singapore and the rest of the region. He played a crucial role in laying the foundation for the enduring trust and friendship between our two countries. His legacy will be remembered.' Join ST's Telegram channel and get the latest breaking news delivered to you.
The Star
24-05-2025
- Business
- The Star
Vietnam warns of personal data 'black market', urges tough penalties
Minister Luong Tam Quang speaks at the NA session on Saturday. - Photo: VNA/VNS HANOI: The Ministry of Public Security on Saturday (May 24) called for strict penalties to prevent the emergence of a black market for personal data, warning that treating such data like ordinary goods could open the door to widespread cybercrime. Speaking during a National Assembly (NA) session, Public Security Minister Luong Tam Quang said the unauthorised trade in personal data had become a key factor behind large-scale fraud and asset theft cases uncovered by police. "Allowing the buying and selling of personal data is essentially allowing the trade of human rights and control over other persons' information," Luong told lawmakers. "Personal data is not an ordinary commodity; it's a special type of resource.' The comments came as legislators debated a draft Law on Personal Data Protection, which aims to plug legal gaps, strengthen oversight, and safeguard rights in the digital space amid rising concerns about data leaks and illegal usage. Several lawmakers noted that even seemingly harmless information, such as phone numbers or email addresses, could be collected and sold without consent, alongside more sensitive data like bank account details or medical records. The consequences, they said, were surging online scams and eroded public trust. NA Deputy Hoang Minh Hieu of Nghe An Province urged the Government to only define a list of 'sensitive personal data,' rather than both sensitive and basic data, saying this would make the law more practical and easier to apply. While most deputies agreed on the need to ban illegal data trading, some warned against sweeping restrictions. NA Deputy Nguyen Thi Viet Nga of Hai Duong said an outright ban with no reasonable exceptions could hinder enforcement and stifle emerging digital business models. NA Deputy Pham Van Hoa of Dong Thap echoed that view, arguing the law should only prohibit unlawful data transactions. "If it's my data, and I believe sharing it doesn't affect national defence or security, and it's not sensitive, then I should be allowed to sell it," he said. Quang, however, warned that lax internal controls in industries like banking, telecommunications, insurance, and electricity have enabled employees to extract accurate, real-time customer information and sell it to scammers. He said such practices fueled fraud schemes. "If we don't prohibit trading personal data like ordinary goods, and enforce strong penalties, we'll see the rise of black market activity with serious consequences for public safety," he said. The draft law has been updated to include provisions banning the use or sharing of personal data for unlawful purposes, including renting or lending data, or allowing one's own data to be used by others in illegal acts. - Vietnam News/ANN
Business Times
09-05-2025
- Business
- Business Times
UMS Integration Q1 earnings nearly flat at S$9.8 million
[SINGAPORE] Semiconductor player UMS Integration on Friday (May 9) reported profit of S$9.8 million for the first quarter ended Mar 31, 2025, almost unchanged from the group's profit in the corresponding year-ago period. This translates to earnings per share of S$0.0138, down from S$0.0141 a year earlier. The group declared an interim dividend of S$0.01 per share for the period under review, lower than the S$0.012 in Q1 FY2024. Revenue for the period climbed 7 per cent year on year to S$57.7 million, from S$54 million. The higher revenue was driven by better performances from both the group's semiconductor and aerospace businesses, which grew 6 per cent and 22 per cent, respectively. However, this was offset by a 12 per cent decline in its others segment, as its tooling and material distribution business was affected by the prevailing soft market conditions. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up UMS chair and chief executive Andy Luong said the group's sales in Malaysia 'almost tripled on the back of strong orders from its new key customer'. The Malaysian market delivered a 287 per cent sales surge to S$9.4 million in Q1 FY2025, from S$2.4 million in FY2024, as the group continued to ramp up production of semiconductor components for a new major customer. 'We are especially encouraged by the strong order flow from our new key customer as it seeks to divert its US supply source to Asia,' said Luong. Shares of UMS ended unchanged at S$1.05 on Friday.
