Samsung relapse its faulty batteries in Samsung Galaxy Note 9?

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Samsung is considered relapsing its faulty batteries in Samsung Galaxy Note 9 after an fire catching in the US, which may impact on the sale of this product on the global.

According to newswire NewYork Post, a Long Island woman Diane Chung took Samsung to the court after her Samsung Galaxy Note 9 spontaneously combusted inside a Long Island woman’s purse. The first target of the lawsuit is to clarify her damage in this incident.

Diane Chung said in her lawsuit she was using the new handset on September 3 when it suddenly became “extremely hot,” and then she stopped using the phone and placed it in her purse but soon heard “a whistling and screeching sound, and she noticed thick smoke” pouring from her purse.

Chung had to remove the phone by emptying her purse onto an elevator floor, but the fire didn’t stop until a passerby picked up the handset with a cloth and placed it into a bucket of water.

The regret incident happened in the context Samsung CEO Koh Dong-jin affirmed that the battery in the Galaxy Note 9 is safer than ever. Users do not have to worry about the batteries anymore.

Another Samsung exec, Kate Beaumont, director of product planning, said the company now had a multi-step “battery safety check” in place and the Note 9s would “absolutely not” catch fire.

Responding the above information, a Samsung spokesman told NewYork Post that “We have not received any reports of similar incidents involving a Galaxy Note 9 device and we are investigating the matter.”

It is not the first time that Samsung’s Note brand has incident in term of faulty batteries.

Samsung CEO Koh Dong-jin affirmed that the battery in the Galaxy Note 9 is safer than ever. Users do not have to worry about the batteries anymore.Samsung CEO Koh Dong-jin affirmed that the battery in the Galaxy Note 9 is safer than ever. Users do not have to worry about the batteries anymore.

Notably, on September 2, 2016, the company suspended sales of the oversized products and recalled 2.5 million Note 7 devices that had been shipped worldwide after faulty batteries caused the phones to explode while charging.

Note 7 products were launched in Vietnam on August 19, 2016. According to domestic distributors’ statistics, over 10,000 Note 7 smart phones have been shipped to customers.

The recall piled increasing pressure on the company, as the Federal Aviation Administration officially banned passengers from turning on Note 7 devices on flights, while according to the regulation, passengers are recommended to put their mobile phones airplane mode on flights only.

Besides, Samsung had to suffer a serious damage for recalling 2.5 million Note 7 devices on worldwide. Although the company would not reveal an exact figure, the cost likely stands at around $1 billion, based on Bloomberg’s estimates-a huge sum, especially, when only around 35 of the handsets (less than 0.1 per cent of the total volume sold) had been found faulty.

Ha Vy report on VIR

September 17: VN-Index up less than a point

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Trade tensions cast shadow over stock market.

The market moved slowly within a narrow range on the morning of September 17, due to renewed concerns about trade tensions and portfolio restructuring. The VN-Index ended the day up by less than one point.

HSX saw 106 gainers and 163 decliners. Unusually, the VN-Index fluctuated separately from stock price increases. In recent sessions, even when the index fell the number of stocks gaining still outnumbered decliners.

The VN-Index closed up 0.08 per cent as the VN30-Index lost 0.23 per cent. Midcaps were even and small caps increased 0.08 per cent. The trading band in blue-chips was quite narrow, with the VN30-Index having only ten gainers and 18 decliners. Fortunately, the group still had some strong pillars.

The best was VNM, rising 2.18 per cent in the morning session thanks to support from foreign investors, who bought over 61 per cent of its trading volume and pushed up prices. TCB gained 4.16 per cent; it’s best day since early August and quite unexpected.

In the VN30-Index, only GAS increased significantly, by 1.3 per cent. VPB rose 1.03 per cent and HSG 2.25 per cent but neither had any effect on the VN-Index. Poor performers included SAB, PLX, and VHM.

A number of blue chips fell: VIC by 0.89 per cent, VCB 0.63 per cent, VJC 1.01 per cent, VRE 0.92 per cent, and CTG 0.56 per cent.

On HNX, PVS increased 1.33 per cent and PLC 8.77 per cent. ACB lost 0.59 per cent, SHB 1.18 per cent, and VGC 1.07 per cent. The HNX-Index closed down 0.2 per cent with 65 shares increasing and 70 shares decreasing. The HNX30-Index gained 0.33 per cent, with 14 shares increasing and nine decreasing.

The market saw cautious trade amid ongoing talk about a trade war, with the US planning to impose additional tariffs worth $200 billion on Chinese imports. The China and Hong Kong stock markets lost 1.06 per cent and 1.64 per cent, respectively.

Liquidity on the two exchanges was not strong, with total matching order value down nearly 5 per cent from the previous session and standing at VND2.1 trillion ($90.2 million). Neither had stocks with trading volumes exceeding VND100 billion ($4.2 million). The highest were VNM and PVS, with VND95.5 billion ($4.1 million) and VND94.9 billion ($4.07 million), respectively.

Hai My report on Vneconomictimes

Vietnam Mountain Marathon, the biggest mountain race kick-off

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Runners will go the distance in the Vietnam Mountain Marathon from September 22-24, 2018 in SaPa.

Vietnam Mountain Marathon(VMM) is the result of a lifelong love of running and a fascination with Vietnam. The small dirt roads and narrow trails will take you through the beautiful mountain ranges of Hoang Lien National Park and valleys near Sapa that are usually closed territory to all but the few people living there.

There will be 3,400 runners from 50 nations will race distances ranging from10km, 15km, 21km, 42km, 70km and 100km in Vietnam’s highest mountains, through the rice fields and speed through breath-taking valleys, cross bamboo bridges, bypass water buffalos, mountain pigs and cheering local children.

Sapa, Vietnam

Ms. Sophie Dao, Partner of GBS, a legal services company will be on the starting line for the 10km for Operation Smile Vietnam team.

“Operation Smile Vietnam is a wonderful charity and I am extremely proud to be running along with the rest of the Operation Smile Vietnam team to help raise money and awareness,” she said. “I’ve been training for this and the inspiration to help such a fantastic organization has given me great motivation!

The event kicks off with an Expo event in Sapa Square one day before the event with live music, DJs, food and drinks and sponsor by famous local and international names.

The race has a strong charitable focus and thousands of dollars have been donated to good causes since 2013.  This year, the fundraising outcomes will be divided between local projects around Sapa, Newborns Vietnam and Operation Smile Vietnam.

Finish! Photo Credit: FB @ VietnamMountainMarathon
Previous year VMM | Photo Credit: FB @ VietnamMountainMarathon

You can find more information about VMM at: https://vietnammountainmarathon.com

Olam named one of best companies to work for in Vietnam by HR Asia

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Olam has been recognised for its strong workplace culture and employee engagement, with Olam Vietnam Limited (“Olam Vietnam”) and PT
Olam Indonesia (“Olam Indonesia”) being named as among the best companies for work for in their respective countries by HR Asia Magazine.

Olam Vietnam was selected by the human resource publication in its inaugural list of Best Companies to Work for in Asia 2018 Awards – Vietnam Edition. This was Olam’s second time on the list this year – having received the same accolade for Olam Indonesia in the Indonesia edition of the award in May 2018.

This year, 3730 employees from 131 companies across Vietnam, and 7,320 employees from 210 companies across Indonesia, participated in the assessment survey for the awards, which was evaluated by an independent panel of judges- comprising industry experts, academics, journalists and government representatives. The accolade was accorded to those companies that best demonstrated strong employee engagement and excellent
workplace culture.

Prakash Jhanwer, President of Southeast Asia and China, Olam International, said, “We are delighted and honoured to receive these awards for both our Vietnam and
Indonesia operations. Our people are our most important asset and we are committed to fostering an environment for employees to thrive. We will continue to strive to be an employer of choice in these regions and globally.”

About Olam International Limited

Olam International is a leading agri-business operating across the value chain in 66 countries, supplying various products across 18 platforms to 22,000 customers worldwide. From a direct sourcing and processing presence in most major producing countries, Olam has built a global leadership position in many of its businesses. Headquartered in Singapore and listed on the SGX-ST on February 11, 2005, Olam currently ranks among the top 30 largest primary listed companies in Singapore in terms of market capitalisation. In 2016, Fortune magazine recognised Olam at #23 in its ‘Change the World’ list.

Sendo to partner with DHL eCommerce for domestic delivery in Vietnam

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Media OutReach – 17 September 2018 -DHL eCommerce, a division of the world’s leading logistics company, Deutsche Post DHL Group (DPDHL), announced its partnership with Sendo, Vietnam’s #1 local e-commerce platform. The successful integration between the two companies means sellers on Sendo will now be able to access DHL’s excellent domestic delivery network, and deliver to their buyers same-day or next-day in Ho Chi Minh, Hanoi and other primary markets.

“Being a homegrown company allows Sendo to have deep understanding of the Vietnamese local market and culture. Sendo aims to support over 300,000 individual vendors, micro-entrepreneurs, and small businesses to initiatively sell their goods online and deliver them affordably throughout Vietnam. With our collaboration with DHL eCommerce, we will provide not only the sellers but also several million buyers on our platform with an international quality delivery experience in Vietnam.” said Mr. Tran Hai Linh, CEO, Sendo.

To support small businesses, DHL eCommerce also offers market leading cash-on-delivery (COD) services with next-day remittance to sellers. With more than 300 DHL ServicePoints located conveniently across Vietnam accessible to Sendo, sellers can also choose to drop-off their parcels at these locations instead of waiting for a pick-up as well as enjoy discounts of up to 20%. Alternatively, sellers can also arrange for a pickup by DHL for direct door-to-door delivery service to their buyers.

“Micro, small, and medium-sized enterprises continue to play a major role in Vietnam, accounting for 98 percent of all enterprises, 40 percent of GDP and 50 percent of employment.[1] However, they face unique challenges such as access to finance and international partners. DHL is passionate about supporting small businesses and we are excited to work with Sendo to support their sellers with an excellent, high quality domestic delivery network.” said Thomas Harris, Managing Director, DHL eCommerce Vietnam.

To mark the start of the partnership, DHL eCommerce and Sendo will offer special promotions for sellers during the month of September. To find out more, visit: sendo.vn.

DHL — The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 360,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 60 billion euros in 2017.

About Sendo

Launched in March 2012, Sendo is Vietnam’s #1 local e-commerce platform, offering more than 10 million of products on its platform. This is also the first e-commerce marketplace combined with logistics providers and banks to provide customers with a full package of guaranteed transaction. In 2016, Sendo’s fintech subsidiary Fpt Wallet, which operates Senpay, received e-payment licensed from the State Bank of Vietnam.

Featured image: (left to right) Tran Hai Linh, CEO, Sendo and Thomas Harris, Managing Director, DHL eCommerce Vietnam

Serviced apartment market still hot, but occupancy rate remains at 80-88%

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Since 2008, the number of foreigners working in Vietnam has increased steadily by 8 percent per annum. With that, the market of serviced apartments for lease in large cities has attracted many investors.

Savills’ Q2 report showed that the occupancy rate of serviced apartments was 88 percent in Hanoi and 80 percent in HCMC.

In the first half of 2018, industrial zones attracted $7 billion worth of foreign direct investment (FDI), accounting for 34 percent of total FDI capital.

The occupancy rate of serviced apartment remains unchanged at 80 percent last year and has not reached 90 percent, as seen many years ago.

The international serviced apartment brands that first joined the Vietnamese market include Somerset West Lake, Fraser Suites, Pan Pacific and some Japanese brands.

However, after 20 years of presence in Vietnam, the operational scale of the brands remains small compared with their global network.

The leasing fee of serviced apartments in Vietnam is between VND7.9 million and VND45 million a month.

According to CityHouse Apartment, which specializes in providing serviced apartments for $330-2,000 monthly in HCMC, the number of $1,200-2,000 apartments available is modest. These apartments are in high demand, but the supply is short.

As for the $800-1,200 apartments, the service quality and investment scale have not seen considerable improvements.

Meanwhile, apartments for $400-800 have been developing: there are many projects in this segment, but they have small scale, and associated services are minimal.

However, a real estate expert said that though the expected profits have decreased compared with some years ago, the 80 percent occupancy rate is still attractive enough to attract serviced apartment management brands.

Do Thu Hang from Savills said that the rental fee of serviced apartments is less competitive than the apartments investors buy for lease. In general, serviced apartments only have 1-2 bedrooms, while ordinary apartments have 2-3 bedrooms.

Serviced apartments target expats, travelers and businesspeople who stay in Vietnam for a long time; the apartments have large space and sufficient services. Unlike apartments built for sale or villas for lease, serviced apartments provide interior items, 24/24 services and are managed by professional units.

A report found that by the end of 2017, the total number of industrial zones in Vietnam had reached 220, covering a total area of 69,000 hectares. In Hanoi and neighboring provinces alone, there are over 70 industrial zones.

However, the number of serviced apartments remains modest with just several international management brands. The development of the Hanoi market has not corresponded to its potential.

According to a report on Vietnamnet

‘Super-app’ race heats up in Vietnam

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After a period of attracting users with industry, tech apps, from ride-hailing to chatting, continue to develop into ‘super-apps’ which can be used for many purposes.

In late July, Grab said it was focusing on the HCMC market when providing food delivery services. However, on September 5, or just one year later, it began providing service in four central districts in Hanoi.

The company’s press release emphasized that GrabFood is the next important development step in the plan to become a super-app, useful for all aspects of daily life in Vietnam and Southeast Asia.

The development of a super app was stated by Grab’s CEO Anthony Tan in mid-July. In Singapore and Indonesia, Grab’s app books taxi, delivery services, orders food,and has news, videos and games.

Super app, or all-in-one app, is not a new idea. Tencent is considered the pioneer and the most successful player in the world along with WeChat.

WeChat was launched in 2011 as a messaging app. But it later became a multi-functional app which allows users to do many things, from communicating to buying goods, from traveling to making payment.

Grab is not the only player in the super-app battle field. Most recently, Zalo launched a trial app version for a group of users with new services, such as taxi hailing and food ordering.

Prior to that, the messaging app was integrated with e-commerce. Users can also use the app to check weather forecasts and restaurants, to book examination schedule, pay water and electricity bills and enjoy e-government services.

Experts commented that the way Zalo is following has similarities with WeChat’s. Meanwhile, the advantages of Grab is a powerful logistics foundation with 135,000 drivers in Vietnam.

According to technology experts, attracting new users and retaining existing users can bring big money to app developers because they not only can make profit from transactions, but also from the collection, analysis and use of users’ data.

Grab late last month launched GrabAds, an ad platform. By analyzing people’s habits and hobbies, ads can be personalized.

To run super-app, developers need to create a product which many users need. Developing super-app from messaging or hailing app proves to be the most feasible way.

Besides Grab and Zalo, Go-Viet is also a player with big potential. Andre Soelistyo, president of Go-Jek, the holding company of Go-Viet, said Go-Viet accounted for 10 percent of the motorbike hailing market share in HCMC just after three days of operation. In mid-August, CEO Nadiem Makarim told Reuters that its market share rose to 15 percent.

According to a report  on Vietnamnet

Kidnapped teenager returns home after 10 years

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The police in Bac Ninh Province are investigating a case in which a local boy has returned to Vietnam after being kidnapped and then taken to China 10 years ago.

The police in Dap Cau Ward, Bac Ninh Province, said on September 16 that they had received a report about the return of a kidnapped boy, Dtinews reported.

According to the report, a trader saw a beggar boy who is around 16-17 years old at 8 pm on September 15. He gave the boy food and brought him to the police after hearing that he had just escaped after being kidnapped to China when he was 6 years old.

The police said the boy didn’t remember much. He only knows that he is from Quang Ninh Province. His home was near a pagoda, his father’s name is Hung and his mother, Tuyen.

The police in Dap Cau Ward have co-operated with the police in Bac Ninh City to inform the authorities in Quang Ninh and search for missing boys with similar information. They have received several reports and will need to carry out DNA tests and other measures to find the family of the boy.

7 dead after attending “Trip to the Moon” electronic music festival in Hanoi, Vietnam

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After attending “Trip to the Moon” electronic music festival at the Water Park, in West Lake, Hanoi Capital last night – September 16, 7 people die for unknown reasons.  Among 7, 3 died before getting to a hospital.

According to a report on Zing, people said they saw the signs that someone may have a drug or alcohol problem at the event.

A report on local media few days ahead the event mentioned that, Young Hanoians can enjoy a music banquet when they participate in “Trip to the Moon”—an outdoor electronic music festival to be held in the capital city’s West lake, Water Park.

The event was a part of the Vietnam Electronic Weekend 2018, which presents a series of electronic music performances with a combination of traditional and modern features, the organizer, Connected Agency, said on its Facebook’s fanpage.

The festival seeks to combine traditional elements such as the lion dance, starlight procession and ethnic musical instruments with the young and modern spirit reflected in electronic sounds—the music that is dominating music charts over the world.

Entitled VIEW 2018, the third annual Trip to the Moon festival this year will take place on Sunday, with three stages representing the hottest electronic dance music genres in 2018.

Electronic dance music, also known as EDM, dance music, club music or simply dance, is a broad range of percussive electronic music genres made largely for nightclubs, raves and festivals.

The Brand of Yellow Claw, Blood for Mercy, has become the “guarantee stamp” for quality and charisma at any events in which they participate, said the organizer before the event taking place.

Ho Tay Water Park closed for investigation.

Event location | @ Zing

Tran Tieu Vy: Winner of Miss Vietnam 2018 beauty contest

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Tran Tieu Vy, a 18-year-old student at the Ho Chi Minh City University of Technology and Education, became Miss Vietnam 2018 on Sunday night after topping a national beauty pageant which promotes beauty, knowledge and kindness.

The 1.74-meter high girl from central Quang Nam province, who has bust-waist-hip measurements of 84-63-90 cm, outperformed 42 other young women in the final round of the 30-year-old beauty contest held at the 5,000-seat Phu Tho Gymnasium in Ho Chi Minh City.

In the contest’s question-and-answer session, Vy was asked: “Image you were present in the next 100 years. What would you say to youths at that time?” She timidly replied: “I would advise them to believe in their dreams and enrich their knowledge to be successful. The success will help other people and make the society become better.”

Vy will represent Vietnam to attend the 2018 Miss World slated for Dec. 8 in Sanya, China.

As Miss Vietnam 2018, Vy wore a crown which was handcrafted from 30 pearls, which represent 30 years of the beauty pageant, and 3,260 sapphires, which represent 3,260 kilometers of Vietnam’s coastline. She received a cash award of 500 million Vietnamese dong (21,700 U.S. dollars).

The first runner-up is Bui Phuong Nga, a second-year finance student at the National Economics University. The 1.72-meter high young woman from the capital city of Hanoi stands in the crowd with a smiling bright face and a ladylike manner.

The second runner-up is Nguyen Thi Thuy An, a student at the University of Technology in Ho Chi Minh City. She was born in 1997 in the southern province of Kien Giang.

Among the beauty contest’s nine auxiliary titles, including Ao dai (Vietnam’s traditional long dress), Sport, Sea and Talent, Nguyen Thuc Thuy Tien, a second-year student at the French Department of the Ho Chi Minh City University of Social Sciences and Humanities gained the “Most Benevolent” title.

The 2018 Miss Vietnam contest’s winners are supposed to sign with the organizers deals on keeping their images nice, free of scandals.

On Sunday night, 43 contestants partook in three performances in ao dai, pink or violet swimsuits and evening gowns. The contestants in Top Five also responded to the judges’ questions.

Vietnamese daily newspaper Tien Phong (Pioneer) has organized the beauty pageant biennially since 1988. After 30 years with 15 editions, Miss Vietnam has emerged as the country’s most prestigious national beauty contest.

VN-Index will break through 1000-point barrier?

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The VN-Index the key indicator of Vietnam stock market is forecast to extend its growth next week and conquer the 1000-point threshold, analysts said.

The VN-Index on the HCM Stock Exchange closed Friday up 0.34 per cent at 991.34 points. The southern market rose 2.3 per cent for the week after five consecutive gaining sessions. VNS reports.

On the Hanoi Stock Exchange, the HNX-Index edged up 0.63 per cent to end at 113.37 points and expanded last week’s rally to 1.5 per cent.

An average of more than 231.2 million shares worth VNĐ4.5 trillion (US$197 million) were traded in each session last week, up 2.6 per cent in volume but down 8.1per cent in value compared to the previous week.

According to Nguyen Nhat Cuong, deputy director of VietinBank Securities Company, the VN-Index was expected to continue on an upward trend and pass the 1,000-point barrier.

Cường told tinnhanhchungkhoan.vn that the stock market had received a lot of supportive information on rosy macro-economic fundamentals, the strong return of foreign capital flows and optimistic expectations for business results in the third quarter.

Nguyễn Trung Du, senior expert at VNDirect Securities Co (VNDS), said the market would remain positive in the context that international financial markets were stabilising while the dollar continued to weaken.

“Foreign investors were also net buyers. However, the selling pressure at the resistance zone of 1,000 points is quite high so the VN-Index is still accumulating to overcome,” Du said.

This week witnessed the restructuring of exchange-traded funds (ETFs) in the third quarter. Many large-cap stocks will undergo selling pressure when they are removed from the funds’ lists.

Du, however, said the market would still extend its gains and beat the 1000-point peak.

Nguyen Ngoc Lan, head of the brokerage division at Agribank Securities Co, said market would definitely see shake-ups when it reached the 1,000-point zone but the current market sentiment was good.

“I think the market is likely to move towards the 1,000 point range in the short term but investors should pay close attention to ETFs’ restructuring, which may temporarily hinder the market in the short term,” Lan said.

Lan said investors also needed to observe the selling pressure so that they could predict whether the market could continue to go further or not.

Shares experienced active trading sessions last week with liquidity remaining high, said Nguyễn Hồng Khanh, head of market analysis at Việt Nam International Securities Joint Stock Company.

Khanh added that market would not likely make large gains in the current period and would need a period to cumulate for the year-end.

Du said the best-performing sectors would include banking, securities, oil and gas, real estate, manufacturing and textiles.

However, each sector would still witness large variations among stocks prices, especially banking, Du said.

“I think the opportunities are quite open for investors to selectively buy stocks with a positive outlook from now until the year-end,” he said.

Nguyễn Thế Minh, head of analysis at Yuanta Securities Vietnam Co, said investors should prioritize their holdings in large-caps and mid-caps, especially banking stocks as they were likely to drive the market.

Seven people die of drug overdose at Hanoi music festival

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Seven people have died and many others are in critical condition after suspected drug overdose at a Hanoi music festival.

Tay Ho District authorities said they are working on the tragic incident that took place at the Vietnam Electronic Weekend (VEW) festival at the West Lake Water Park on Sunday.

The first eight patients were rushed to E, a general public hospital seven kilometers away, at 10:30 p.m. One of them died before admission and three died soon later. Three others died on Monday morning

A source from Hanoi police said they do not have the exact final number of people affected yet.

“The incident is especially serious,” an officer said.

Dubbed the biggest EDM music event ever in Vietnam, VEW was joined by a world’s top 10 DJ, Steve Aoki, drawing thousands of fans.

According to a report on VnExpress

Lexus to reveal a luxurious 65-foot yacht and it’s stunning

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Lexus partnered with Marquis-Larson Boat Group, a company based out of Pulaski, Wisconsin, to build, sell, and service the yacht.

According to Lexus Executive Vice President, Shigeki Tomoyama, the LY 650 allows the brand to “present a dream-like vision of the luxury lifestyle.”

Business Insider reports, Lexus has firmly established itself over the past three decades as one of the world’s leading purveyors of luxury autos. In the past, Lexus tried its hand in fine dining, design, and film. Now, Toyota’s premium brand is entering the luxury yacht game with its stunning 65-foot LY 650.

Lexus has partnered with Marquis-Larson Boat Group, a company based out of Pulaski, Wisconsin, to build, sell, and service the yacht. The two brands also worked together to create the 42-foot Lexus Sport Yacht Concept last year.

The LY 650 allows Lexus to “present a dream-like vision of the luxury lifestyle; one where the Lexus Yacht expands the potential of Lexus mobility to the ocean,” Lexus executive vice president, Shigeki Tomoyama said in a statement.

Lexus refers to the LY 650 as its fourth flagship product, joining the LS sedan, the LX SUV, and the LC coupe.

The LY 650 measures 65-feet in length with a 19-foot beam width. The yacht boasts a wide and distinguished bow at the front, and the curved deck accents.

The LY is powered by two 12.8 liter inline-6 IPS 1200 diesel engines, each offering 900 horsepower.

The first production Lexus yacht is expected to be complete sometime in the second half of 2019. A price has not yet been released, but interested parties can reach out to either Lexus or the Marquis-Larson Boat Group.

Take a closer look at the Lexus LY 650 luxury yacht:

The Lexus LY 650 joins the LS sedan, the LX SUV, and the LC coupe as the brand’s fourth flagship product.

Marquis Larson

The boat measures 65-feet in length.

Marquis Larson

And features a 19-foot beam (its width).

Marquis Larson

The yacht is piloted from the captain’s station perched atop the vessel.

Marquis Larson

And the wide and pronounced bow is one of its best features.

Marquis Larson

Inside, the yacht has every amenity one would expect from a luxury ship. Champagne anyone?

Marquis Larson

The LY 650 has those distinctive Lexus leather chairs its vehicles are known for.

Marquis Larson

Mangkhut forecast to hit Vietnam on September 17

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Super Typhoon Mangkhut, the strongest typhoon so far this year, is predicted to hit the northern mainland on Monday morning and bring heavy downpours and strong winds to 27 northern and northern central localities, Vietnamnews reported

Speaking at the online conference on responding to Typhoon Mangkhut yesterday, Hoàng Đức Cường, director of the National Centre for Hydro-Meteorological Forecasting (NCHF), said “Mangkhut is the equivalent of a Category 5 hurricane, becoming the strongest storm of this year with sustained winds of 220km per hour”.

At 1am on September 14, the storm’s eye was some 680km east-southeast of Luzon Island of the Philippines. The storm is forecast to move northwest at 20km per hour, heading to the East Sea and affecting the Tonkin Gulf in the next 48 hours.

It will hit the mainland on Monday, causing heavy downpours covering the northern and north central regions from Monday to Wednesday.

Super Typhoon Mangkhut, the strongest typhoon so far this year, is predicted to hit the northern mainland on Monday morning and bring heavy downpours and strong winds to 27 northern and northern central localities.– Photo zing.vn

Cường said that apart from strong winds, rough seas and strong waves, the storm would bring heavy rainfall of 200-350mm to the north. Most reservoirs in the Red River delta and from the north down to the central province of Nghệ An are nearly full due to weeks of heavy rain.

Flash floods are also predicted in Quảng Ninh, Lạng Sơn, Cao Bằng and Thanh Hoá provinces following heavy downpours.

Speaking at the conference, Deputy Prime Minister Trịnh Đình Dũng asked localities to urge off-shore vessels to find shelter and guide other vessels to approach anchorage areas to ensure safety. The work must be finished before 10am on Sunday.

Dũng also asked localities to harvest aquaculture products early and organise the evacuation of people from aquaculture zones and low-lying areas before 5pm on Sunday.

Traffic on key sites such as bridges will be banned during the weekend. Special teams will be deployed to check flash flood-prone areas and notify and relocate people to safe places. Food, means of transport and communications must be well-prepared in case of emergency situation.

Dũng has urged the Central Steering Committee for Disaster Prevention and Control under the Ministry of Agriculture and Rural Development to hold regular meetings to closely monitor the development of the storm and floods to promptly undertake response measures.

The National Committee for Search and Rescue, the Ministry of Defence and the Ministry of Public Security have been asked to deploy forces and means of transport in the key areas to rescue affected people and ensure security and order. – VNS

Truck-coach collision claimed 13 lives in Lai Chau Province

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The accident site. A concrete mixer truck crashed with a passenger coach on September 15 morning, killing 13 and injuring 3 others. — VNA/VNS Photo

Thirteen people were killed and three others severely injured after a concrete mixer truck crashed into a passenger car in the northern mountainous province of Lai Châu on September 15, Vietnamnews reported.

The accident occurred at 9:30am on National Highway 4D in Tam Đường District when the concrete mixer truck hit the back of the coach carrying 15 people while travelling on a pass. The collision sent both the vehicles down 10 metres into the rocky stream beneath the bridge.

Initial investigation revealed that the truck was travelling at 109km/h, way above the permitted speed.

Twelve people, including both drivers, were killed on the spot and a child died on the way to the hospital. The three others suffered heavy injuries and have been taken to the Lai Châu General Hospital. After being informed of the accident, Deputy Prime Minister Trương Hoà Bình, who is Chairman of the National Committee for Traffic Safety (NCTS), sent his sympathy to families of the deceased, and words of comfort to the injured.

He assigned the NCTS’s Vice Chairman Khuất Việt Hùng, Deputy Minister of Transport Lê Đình Thọ and leaders of the Ministry of Transport’s agencies to head to the incident site to direct relief efforts.

Bình also asked Lai Châu Province People’s Committee to visit the injured victims and provide assistance for the families of the deceased.

The provincial health sector was requested to focus resources on treating the injured.

Statistics released previously by the NTSC showed that the number of road traffic accidents, traffic-related deaths and injuries in Việt Nam dropped in the first eight months of this year, compared with the same period last year.

More than 11,700 road accidents were reported nationwide in the reviewed period, killing nearly 5,370 people and injuring about 9,200 others.

The number of traffic accidents was 7.77 per cent lower than that of last year, while the number of deaths and injuries dropped by 1.03 per cent and 12.66 per cent, respectively.

In August alone, there were 1,432 accidents, killing 650 people and wounding 1,094 others, down 10.67 per cent, 1.66 per cent and 15.72 per cent, respectively, against the same month last year. — VNS

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