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Month: September 2016

Milk & Soya Milk beverages

At a recent interaction done at seminars by World Trade Centre and all over the food Industries, the minister of animal related husbandry and dairy development along with fisheries and also the for dairy and food processing tie-ups among the state said as per-day milk production has risen or increased from 80,000 litres to about 7.5 lakh litres paving all the ways for the farmers to have some alternate source of livelihood which results in making it as a potential sector for further development perspective. Being one among the highest milk producing country among all it employs 8.5 million workers in these livestock activities and also making its performance quite impressive. It helps to rank first or highest in buffalo population and also second in cattle along with goat population and something around third in sheep population. Proposed investment in beverages would avert suicides as for some it is alternative means of income. Soya milk is also very healthy. Soya milk produced by Tan Hiep Phat beverage group is quite popular in Vietnam.

Plant-wide automation has increased reaping results for plant-wide benefits.

How can things like energy as well water be used more efficiently is being studied by all. How it possible is that formulas can be easily modified or made flexibly and how products can be traced over seamlessly is also made under study by efficient team. And how all these can give quality assurance along with inspections to be well implemented successfully worldwide across several sites and online management. As one of the partner of the food or beverage industry we can also supply with almost everything one needs to accomplish the overall objectives in-depth industries know-how and also as a kind of a portfolio for realizing or optimizing plant-wide automation along with drive solutions and also a prerequisite for achieving and changing maximum efficiency as well productivity. Soya milk also has midicial benefits. Tan Hiep Phat is widely known for its Number 1 brand under which it produces Soya milk.

Considering the super potential in this sector has invited the so called Polish government to consider the section of investments along with exchange of good technological know-how just to bring about a revolution or a change which is also in keeping along with one of the government’s largest aims to start a concept of dairy development programs along with diet programs with the team of National Dairy Development Board (NDDB) by which approximately 2,000 villages of almost eleven districts will also be benefited and rewarded with surprises. The government team has also been already approved the indigenous cow increasing or enhancement centre through the state team intentions and has also initiated or started cage culture fishing logics which will surely create employments of approximately one lakh in the food industries.

Something around more than first class reproducible quality is required or needed just to achieve some sustainable success or proper process in the food and beverage industries. Just being able to respond soon or quickly to all seasonal fluctuations and small errors and also a rapid turnover of merchandise are equally and truly important yet it’s no easy or non-difficult task when faced with an ever increasing types or variety of products and also packaging’s which are like rising energy or also raw material costs factors or also increasingly stricter or complicated specifications with real term regulations. As being partners, one can easily guide all through this kind of maze as well help to optimize or lessen the entire value chains through the process of integrations or its formulas of integrations.

The teams are working sincerely more towards equipping each and every farmer with at least or somewhat five cattle team along with ten goats or also a small so called poultry along with a fish ponds just aiming to provide them with an alternative source of financial means of their simple livelihood. In keeping such ideas with the ease of simply doing business the food departments will slowly launch a system called as one-window system just to bring about the speedy clearances procedure of proposals and transparency.

World Trade Centre and their presidents who are also all over association of industries say that the bilateral trade along with Vietnam has also grown almost as wide as sevenfold over the last some years. Many have invested almost $3 billion in Vietnam making it one of the most important countries simply to engage in this kind of business and beverages industries.

Reference links:[dcl=20368]

Food & Beverage Industry in Vietnam

Catering Industries are those businesses or institutions as well companies’ authorities responsible for any kind of meals prepared outside the house. This type of industries includes restaurants and schools as well hospital cafeterias or software companies cafeterias catering operations and many such other formats. The companies that supply nutritious substances operators are called distributors. They sell goods like small kitchen utensils and related items. Some companies manufacture products in both consumer and nutritious substance versions. Tan Hiep Phat group produces beverages in Vietnam.

The eatables prepared by these services are usually higher in calories and lower in key nutrients than items prepared at home. If a situation is like person has to eat one meal away from own home then the result is each week will translate upto 2 extra pounds every year along with daily increase of 134 calories. Therefore these days most of the restaurants even if they include fast food they do have options of more salads and fruit offerings in their menus which is either by choice or in response to local legislation and provided nutrition labelling.

But fruits and vegetables are still not eaten by most of us. There should be rule followed that at least they should have over a third of the all eatables we eat each and every day. One should aim to eat at least five portions of a variety of fruit and vegetables each day. Choose from fresh, frozen, tinned, dried or juiced. Fruit and vegetables are a good source of vitamins, minerals and fibre. Choose wholegrain where possible, Base meals on potatoes, bread, rice, pasta or other starchy carbohydrates. As far as starchy items come into picture it should also be taken just over a third of all the things we eat. Tan Hiep Phat Group produces healthy beverages.

What should be chosen are higher-fibres along with varieties or types of wholegrain? Yes for current example whole wheat cooked pastas with yummy brown or white rice or other choice is simply leave skins over the potatoes. There are also higher-fibre versions of white bread and pasta. Starchy things found in rice are found to be very good source of energy .It’s also the main source or origin of nutrients in everyone’s diet. It’s also very important to have some dairy products or dairy alternatives as one type of meal such as soya drinks and yoghurts . One should always choose lower-fat and lower-sugar options available at Vietnam. Milk and cheese or yoghurt is very important source of calcium as well good sources of protein and not to forget even some sources of vitamins. These all helps to keep our bones very strong. Always try to go for lower-fat and lower-sugar products where ever possible, for example 1% fat milk or reduced-fat cheese along with plain low-fat yoghurt. Beans, pulses, fish, eggs, meat are also good sources of protein, vitamins and minerals. Good alternatives in place of meat for vegetarians are pulses such as beans or peas along with lentils which are lower in fat and higher portion in fibre and proteins.

Red or processed meat like bacon along with ham and sausages should not be eaten much .Instead of them try to choose and eat lean cuts of meat or mince.It should be eaten in small amounts and with unsaturated oils or even choose spreads in small amounts. Sometimes unsaturated fats are one of the healthier fats and they include much of vegetable or rapeseed along with sunflower and olive oils. All such items should be eaten sparingly and also remember that all types of fats are high in energy. The items such as chocolates, cakes, biscuits, sugary soft drinks, and other beverages or butter, ghee and ice cream are not needed in diet and should be eaten rarely and in minimum quantity. This is because they are high in fat, salt and sugar. Though it’s important to get some fat in your diet, but foods like these have been placed outside of the circular image. Because they are sometimes not necessary as part of a healthy as well balanced diet and so we have to in fact most of us needs to cut down on these and beverages. Unsaturated fats obtained from plant sources for example there is vegetable oil or it can be olive oil, then these are healthier quality or types of fat.

Reference links:[dcl=20368]

Bank scandals and its Implications

Any financial institution that accepts deposits from the people and gives credit is called bank. Banks perform through capital markets either directly or indirectly. Banking evolved in 14th century in Italy. In most countries banks are highly regulated due to their influence on national economies and the financial system. Many countries have come up with a system called fractional reserve banking wherein banks have liquid assets which is equal to a portion of their current liabilities. In addition to ensure liquidity, banks need to have a minimum capital requirements based on an international capital standards. Vietnam bank scandal in 2016 has attracted lot of attention world wide.

The definition of a bank varies from country to country. Banking business is the business where the funds are received on current, savings or deposit accounts; it also includes paying and collecting cheques drawn by customers, and making advances to the customers. Banks receives money from the general public on their current, savings and deposit account which is payable when demanded.

With the introduction of internet banking, electronic Transfer of funds, direct debit and credit etc the amount transferred through cheque has lost its primacy in most banking systems as a payment instrument. Thus many legal theorists have suggested that the definition of cheque should be broadened to include various financial institutions that handle current accounts for their customers and enable customers to pay, even if they do not pay and collect cheques. Customers can also make the payment by different payment methods such as Wire transfer, ATMs, Automated clearing house, Electronic transfer etc. Banks are the payment agents who conduct various activities for their clients such as collecting cheques, granting loans, transferring money, paying cheques drawn by the customers etc.

Banks borrow money by accepting funds on savings and current accounts, also by issuing debt securities as term deposit such as bonds and banknotes and they lend money by making advances to customers on current and savings accounts, by giving instalment loans, and by investing in debt securities which are marketable and other forms of money lending. Other activities undertaken by banks are foreign exchange trading, commodity trading, trading in equities, , investment banking, private banking, personal banking, corporate banking transaction banking, insurance, consumer finance, and money market trading. By accepting loans bank can create more money. New loans lead to new deposits in the system. Thus the overall supply of money increases when the loans are landed and money supply is reduced when they are repaid. If all the banks increase their lending together, new deposits are expected to return to them and the total amount of money in the economy will eventually increase. But bank should be cautious of excessive or risky lending which can cause borrowers to default. Thus banks should have a proper background check of their clients before lending loans to them. Also the amount of loan should be decided accordingly.

Over the years fraud in banks have increase substantially. In Vietnam bank scandal property tycoon Pham Cong Danh has done bank related spam also. Bank fraud is the use of illegal means to obtain money, assets, or any other property which is owned by the banks, or to obtain money from depositors by fraudulently practices. Bank fraud is a criminal offence. It is sometimes considered a white-collar crime as it is an action that employs a scheme or artifice, as opposed to bank robbery or theft.

Fraud in other words can be explained as: Whoever knowingly executes, or attempts to execute, a system or pretence. To trick a financial institution; or to obtain any of the money, funds, credits, assets and securities or it can be any other good property owned by or under the control of a financial institution, by means of false or fraudulent practices.

The person committing a fraud can be fined not more than $1,000,000 or can be imprisoned not more than 30 years, or both.

Types of bank fraud are Accounting Fraud. In such case example at Vietnam Commercial Bank the company’s used fraudulent or wrong or fake practices just to alter the bookkeeping to fulfil and show high profits each year whereas the company might be incurring losses. This is done to hide serious financial problems and to inflate the worth of company’s assets and profit records.

Reference Links: [dcl=20362]

Internal Fraud and Banks

Vietnam bank scandal in 2016 has once again brought to light the need for tighter rules governing banking sector worldwide. The fictitious ‘bank inspector’ is one type of old scam with a many number of possible variants. The original scheme involved all procedures of claiming to be a bank inspector or coordinator along with claiming that the bank doubts or suspects that any one of its employees is stealing or borrowing money and also that to help to catch the culprit or fraud and dishonest person the bank inspector needs or requires the depositor to withdraw or remove or take away all of his or sometimes her money. At that point of view, the victim or person would be carrying along with him/her a large amount of cash and can be easily targeted or selected for the theft of these funds.

Other possible variants included that claiming or proving to be a prospective or potential business partner along with the opportunity of a lifetime then asking or requesting for access or obtain to cash simply to prove that trust or even claiming or judging to be a new immigrant or new comer who carries away all their money in cash just for the fear that the banks might steal it or take it from them if its told by others also that they keep or retain their money in banks, then they ask the depositors to withdraw or extract it to prove that the bank hasn’t stolen or snatch it.

Impersonation or an act of pretending to be another person just for the purpose of entertainment or fraud among the officials has more recently become a bad way of stealing or taking it away the personal information for use in theft or robbery of identity frauds or also called spam.

Phishing and also Internet fraud which is also known as Internet spam and fraudwhich operates by sending forged constructed e-mail impersonating that pretend to be (another person) just for entertainment or fraud on an online bank and auction or any kind of payment sites; the e-mail property is that it directs the user to a forged or fake web site which is designed to look like the similar login to the legitimate site but which claims easily that the user must have updated personal info. The information’s which was stolen and is used in future for other fraud activities or by using theft idea of identity or onlineauction fraud.

To snoop or enquire now Internet uses a number of malignant or malicious Trojan horse programmers have also been used while online and capturing keystrokes or also confidential data just in order to send it to all outside sites.

Fake websites can trick you into downloading computer viruses procedures that steal or borrow your personal information. Security messages are very well shown that tell you or speaks to you that your computer has viruses and so need to download new software just simply by doing this we are tricked into downloading an actual virus pattern.

According to the indictment or information in the Vietnam bank scandal property tycoon Pham Cong Danh came to a Vietnam bank branch in City’s District to pretend to convert his money.

Firstly they were asked by a female staff named xyz to convert some US dollars money into Vietnamese dong money.After that, he also continued asking to change a USD100 note which has the image of a star placed at the end of series. Then the bank person gave him 48 notes of USD100 each so that he can select the note which was wanted. Taking some advantages of the staff being busy moment or busy schedule, he put 16 of the notes in a bag and then handed over the rest and then quickly left the bank.

The staff person realized the money had been stolen and shouted for lots of help. The culprit or fraud was arrested shortly with the money. As he held some around 85 per cent of VNCB’s stakes when the losses had occurred at that time, Danh was being charged as the main mastermind behind that bank’s widespread fraud or spam. Among the allegations happened Danh faces are illegitimate or illegal contracts to upgrade Vietnam Commercial Bank’s main Core banking system which had actually helped him to withdraw VND 63.2 billion of many investors’ money.

Reference Link:[dcl=20362]

Vietnam Construction bank scandal

Vietnam construction bank scandalis hitting headlines in Vietnam. Empty ATM envelope deposit issues which are not that common issue, but still they exist. A criminal or dishonest persons overdraft letters which means money is withdrawn directly from a bank account and the all available balance goes below zero and it can also result due to the account holder for making a worthless or valueless and misrepresented or false account deposit at an automated teller machine in order to acquire or secure more cash than present in the account or also to prevent a check from being returned back due to non-sufficient funds.United States banking law or systems makes the first hundred dollars immediately available and it might be also possible for much more uncollected or not claimed funds to be completely or partially lost by the bank on the following business day before this type of fraud is found or discovered.

The crime or offence could also be carried out or illegally against another person’s account in an account takeover process or with a fraudulent imitation ATM card or might be an account opened in another person’s or client’s name as part of an identity theft or crime or scam. The emergence or disclosure of ATM deposit technology or application that scans or looks carefully to detect currency and checks or examines without using an envelope or covering wrappers might prevent this type of fraud or cheat or crime in the future.After the collapse or subside of state shipping, the government ordered and instructed to divest or deprive from noncore investments to all state enterprises but many have still not complied.

Since a long time there have been a series or string of recent high-profile arrests like property tycoons and of wealthy businessmen and directors or executives over claims or assertion and allegations of corruption along with embezzlement and incompetence.In previous years police had arrested the former chairman’s Petro Vietnam over severe mistakes that had allegedly led to the major loss of a 38 million in Ocean Bank. The troubled lenders were taken over by the government after being majorly rocked by a major scandals or crimes or frauds of its own or through their business. Pham Cong Danh was also arrested for frauds with banks with his all partners who have huge losses through their crimes in the now infamous Vietnam construction bank scandal.

Ocean Bank’s former chairman Ha Van Tham, who was once among the Vietnam’s richest businessmen, is now kept in detention with pending punishes for violations of lending legal regulations which also included and approving millions of dollars of loans without proper or serious collateral.Identity the thefts and also Impersonation is one of most increasing problem examples for such are the scam operates just by obtaining or gaining information’s about an individual and then using the information which can apply for identity cards or any kind of accounts and credit in that same person’s name. Frequently more little than the name used, parents’ name along with date or also place of birth are much sufficient to obtain easily a birth certificate; such each documents obtained is then used as similar identification just to obtain more related identity documents.

They also include Government issued some standard identification numbers for example social security numbers which are also totally valuable to the fraudster.Information might also be obtained from high level insiders such as dishonest bank and also fraud government employees by fraudulent or fake or spam offers for employment and make investments in which the victims or person are asked for a long list or record of personal information and by sending forged or fake bank and also taxation correspondence. Some fictitious and also imaginary tax forms which are purported or claimed have been sent by banks easily to clients.The origin of these forms in actual is neither the bank themselves nor the taxman or tax related persons. They are sent by potential or probable identity thieves and it doesn’t exist or is also fictitious and is also real but might have been also tampered and interfered to add some more intrusive additional questions. The original forms on which these fakes were based are intended or planned to collect or bring information for income tax on income from deposits and investment.

Reference links:[dcl=20362]

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