Any person who makes preparation for the commitment of this criminal offence shall face a penalty of 1 to 5 years’ imprisonment. The two-year term will begin in January 2020, and joining the country on the UNSC will be Estonia, Niger, Saint Vincent and Grenadines, and Tunisia. Therefore, if I use the figure for Lang Son (85 billion dong) as the average for each province, then I can extrapolate that the total costs for organizing Party congresses in all 64 cities and provinces is nearly 5.5 trillion dong, not including the central Party organizations and the National Party Congress. As of now, I haven’t been able to find the entire text of Decision 3989, possibly because it was only circulated internally. According to Article 74 of the Criminal Procedure Code, “the head of the Procuracy is authorized, when confidentiality of investigations into national security breach is vital, to sanction defense counsels’ engagement in legal proceedings after investigations end.”. Meetings with relatives, defense counsels and consular access of persons held in custody or temporary detention[…]4. Vietnam Dong News 06/20/20 – Vietnam is still manipulating currency according to recent report Pimpy’s Investment Chat: Jun 20, 2020 Iraqi Dinar News 06/20/20 check in with us to start right now. The society created by the communist regime is marked by corruption and inequality. However, it should be known that the currency of Vietnam has actually been devalued over the past few years. The video here explains that there is a possible revaluation of the Vietnamese Currency, the Dong, abbreviated VND. Sign up for the free weekly newsletter for the latest posts, and a roundup of best travel reads from around the web. Few people dared to gather in the streets. The process may be prolonged due to requests for further investigation from the Procuracy or the provincial-level court of Ha Noi. Local party committees throughout the country have begun organizing party congresses to elect “elite” representatives to attend the 13th National Party Congress, an event which occurs every five years. The Vietnamese Dong is expected to trade at 23088.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. What will happen next? The two crimes that Doan Trang is charged with are almost the same. Here is a legal briefing updated on the morning of October 9, Vietnam time. Where exactly is Doan Trang being detained? Any person who for the purpose of opposing the State of the Socialist Republic of Vietnam commits any of the following acts shall face a penalty of five to 12 years’ imprisonment:a) Making, storing, spreading information, materials, items that contains distorted information about the people’s government;b) Making, storing, spreading information, materials, items that contain fabricated information that causes dismay among the people;c) Making, storing, spreading information, materials, items to cause psychological warfare.2. Supporting the democratic movement in Hong Kong came naturally to these refugees, who feel forever indebted to the now beleaguered city. country’s one-party regime is in a difficult position politically, and an Yet by an ironic twist of fate, it saved the Vietnamese people from the starvation that the party itself created before it began an economic reform program called Doi Moi in 1986. The VCP also implicitly acknowledges the threat social media and online sources of information pose to “national defense”, and similar to other authoritarian, one-party states, conflates Party security with national security. In Vietnamese a “d” with a strike through it (đ) is a hard d, while a regular d is soft, sounding like y or z, depending on which pronunciation of Vietnamese you use. non-alignment with independence: “Countries that are members of such an one party to oppose another, will not allow foreign countries to set up a They had dealt with protests before, but those involved economic issues. A number of cryptocurrency exchanges recently have shown interest in launching stablecoins pegged to Vietnam’s national currency. attributes that related to a country’s power: a leader, economically to 2.3 percent of GDP, an increase from 2.23 percent in 2010. Five Facts About Vietnam’s Death Sentences and Executions in 2018, “Piss on Trump” Opens Up Much Needed Debates on Individual Rights Among Vietnamese. It’s fair to say that the country’s history is basically one of surviving next to China. According to the MPS website, the Investigation Bureau of the Ha Noi Police was the organization that opened the case and filed charges against Doan Trang. The state of public governance in Vietnam is similar to China’s – a combination of a communist one-party rule that suppresses human rights and a party-controlled market economy that favors members and sympathizers of the party. For the purpose of this article đồng has been anglicized to dong. The central bank bought up over US$4 billion in the first seven months of the year. Communist Vietnam uses even less-restrained language for its domestic opponents, whom it considers to be at virtual war with: The hostile forces who conspire with reactionaries and political opportunists inside the country have no given up their plots against the Vietnamese revolution. A travellers guide to Vietnamese Dong forecasting 21st January 2020 Vietnam calls Aussies with the promise of fragrant food, incredibly low prices and a culture unlike our own. bloc will no longer be independent and have the autonomy to decide things on The magazine defines powerful countries as In January 2015 the State Bank of Vietnam devalued the dong to help Vietnamese exporters who rely on a competitive currency, reports Bloomberg. In an interview with VNExpress, Vinh This, while they lean toward democratization and support democratic movements such as the ones in Hong Kong, Burma, and Venezuela. Cryptocurrency exchange VNDC is launching a Vietnamese Dong-pegged stablecoin that is 100% backed by collateral held by Hong Kong-based regulated trustee First Digital Trust. Mass protests introduced a radical change in a repressive regime like Vietnam. HA NOI — The State Bank of Viet Nam plans to increase the value of the Vietnamese dong against the US dollar over the next four months in a bid to protect the value of the domestic currency, State Bank Governor Nguyen Van Binh told Sai Gon Economic Times this week. some existential. Share. Year USD Exchange rate 1960 97 1970 410 1980 2,050 1990 6,500 2000 14,428 2010 19,495 2020 23,173 (Sources: tradingeconomics.com, imf.org) See also. Usually, political cases stop after the appellate. The word đồng derives from the Chinese tóng qián, which refers to Chinese bronze coins from the dynastic periods of China and Vietnam. December 18, 2020 • Commentary. Such a manner of research will reduce the ability to generalize regarding the financial “voraciousness” of Party congresses. State media routinely uses these terms to describe activists, dissidents, and those who advocate multi-party democracy and liberal values. On September 14, 2020, the Hanoi People’s Court delivered the judgments in the trial of the Dong Tam case. defended the country’s policy of no military alliances, stating that “Being a they are not entirely compatible with the country. 15 Jan 2020 00:00 UTC - 13 Jan 2021 02:08 UTC. It is unclear when the motions were filed and approved. of former senior military leaders, as well as with members of the public who those who “consistently dominate news More than 91,500 Chinese workers were also living across the country as of January 2020, sometimes making up China towns and clashing with local people. Vietnam watchers have acknowledged that the Vietnamese Dong Exchange Rate Forecast Monday, 18 January 2021. The People’s Procuracy of Ha Noi will issue an indictment prosecuting Doan Trang. Will #MeToo finally have its break in Vietnam? More importantly, it must be remembered that Lang Son is a mountainous and sparsely populated province, with few party members and a cost of living that ranks among the lowest in the country. After the trial, if Doan Trang appeals, the case will go up to the People’s High Court in Ha Noi, a tribunal higher than provincial level and lower than the supreme level. The announcement added: “Binance will list Binance VND (BVND) and open trading for BUSD/BVND and USDT/BVND trading pairs at 2020/12/18 12:00 […] Vietnamese Dong(VND) To US Dollar(USD) Currency Exchange Rates on 31 Mar 2020 (31/03/2020) This is the page of currency pairs on 31 Mar 2020, Vietnamese Dong(VND) convert to US Dollar(USD). the Communist Party of Vietnam). The Vietnamese dong is not expected to rise in value or be significantly re-valued in the foreseeable future, according to Forbes. in 20th. Hong Kong films have been overwhelmingly popular in Vietnam for decades. Vietnamese Prime Minister Nguyễn Xuân Phúc has recently signed an order that puts cryptocurrency and blockchain among its top-5 priorities. The ASEAN chairmanship rotates through its ten Decades of fighting—from the independence struggle with the French before 1945, the Dien Bien Phu victory in 1954, the Vietnam war with the United States, and 10 years of conflict with China starting in 1979—helped build the communist party’s legitimacy. Philip Wee of DBS Bank discusses how the Vietnamese dong and Chinese yuan have played out as countries worldwide recover from Covid. Deputy Minister of National Defense Senior Lieutenant General Nguyen Chi Vinh highlighted the “4 No’s” For example, this past April, official correspondence from the Lang Son Province People’s Committee sent to the Ministry of Finance asked for financial support in organizing the province’s Party congresses for the 2020-2025 term. According to Article 173 of the Criminal Procedure Code, as the crime Doan Trang is charged with falls under either the very serious or extremely serious categories of both penal codes, the time limit for detention is four months, and can be extended once for three months. Although the arrest was jointly conducted by Ha Noi Police, the Ho Chi Minh City Police, and the Ministry of Public Security (MPS), the lead agency is the local government of Ha Noi. Vietnam’s defense spending totaled approximately 5.8 billion USD in 2018, equivalent Ha Noi Police confirmed the information with the Tuoi Tre newspaper. FAQs About The Special Economic Zones and Vietnam’s SEZ Draft Bill, EU Parliament’s Members Ask Vietnam To Release Activist Hoang Duc Binh, Reiterate Human Rights Benchmark for EV-FTA. alliance will be placed under the leadership of one country, normally a large Conducting propaganda against the Socialist Republic of Vietnam1. That’s the extent of what the State Budget Law says about the Communist Party of Vietnam’s coffers. After being relatively stable last year, the foreign exchange rate of the Vietnamese dong against the US dollar is forecast to be under greater pressure in 2020 … If visitation is granted, Doan Trang’s family can visit her once a month, with each visit lasting no longer than one hour. By Steve H. Hanke. The following shows that day's exchange rate of the currency pairs. Take this example from April 15, 2020:  the Ministry of Finance issued an estimated implementation of the 2020 Quarter I budget, that is, the time period during which finance plans and preparation costs for Party congresses are laid out beginning in May. The only reason Doan Trang is charged with the same crime under both the old and current penal codes is that the government has been “investigating” her activities both before and from January 1, 2018. Exchange Rates Updated: Jan 13,2021 17:59 UTC. Here is the context: The 1999 Penal Code (revised in 2009) was replaced by the 2015 Penal Code. These include “The Legend of Condor Heroes” (1994), “Detective Investigation” (1995), “Demi-Gods and Semi-Devils” (1997), “Triumph in the Skies” (2003), among others. The original Vietnamese version of this article was written by Bui Cong Truc and published on Luat Khoa Tap chi. Society had been frozen by fear.”. The 2015 Penal Code went into effect on January 1, 2018 after being revised in 2017. Quang Tri Province has 10 district-level administrative units, Lang Son has 11. Your email address will not be published. Translated by Will Nguyen. The enforcement of criminal judgments therefore is not yet initiated. By Staff Writer Last Updated Apr 12, 2020 9:37:03 PM ET. Article 22. its kind released in more than a decade, and at its official launch November 25, In essence, Party organizations have jurisdiction over establishing and assigning expense estimates, as well as allocating funds and also regulations for balancing the books – all while using the state budget; this decision also regulates tasks by the people’s committees at all levels, as well as other government bodies responsible for ensuring funding for Party activities. 1 (also known as the new Hoa Lo Prison) in Tu Liem district of Ha Noi. Do you want to INVERT these currencies? However, reports that China established administrative units in disputed areas in the South China Sea in late 2007 angered the Vietnamese public. One might ask, why does Vietnam support Hong Kong’s pro-democracy movement? However, the roster of expenditures only lists three accounts: normal costs (the highest, at 343 trillion dong, or US$14.7 billion), interest and debt costs, and salary reform costs. 32nd most powerful country in the world in 2019, placing it ahead of I gradually realized that it was difficult to find any kind of legal basis managing how the budget is used for Vietnamese Communist Party activities. Another district, Huong Hoa, requested 2.5 billion dong in funds for district-level Party congresses and 5.1 billion dong for commune-level ones, totaling approximately 7.6 billion dong. members annually, in alphabetical order. IMF says Vietnam is on the GDP path surpassing all other ASEAN Countries despite the pandemic. More than 30 years after the Vietnam War, joining a mass protest had been taboo in Vietnam, with the attendant risk of going to jail for decades. Finding information on the costs of organizing the Party Congress specifically, and the costs of running party organizations more generally, forced me to try my luck with reports from the Ministry of Finance, the state management body directly responsible for the budget and national expense. Many Vietnamese admire South Korean dictator Park Chung-hee, Chinese nationalist leader Chiang Kai-shek, and Singapore’s founding father Lee Kuan Yew, who was known for his authoritarian leadership style. But the two charges suggest that the police take the case further than that. USDVND | A complete Vietnamese Dong currency overview by MarketWatch. The trial will be conducted by the People’s Court of Ha Noi, a provincial-level court. Party members could not tolerate any form of social mobilization that could potentially challenge their power. A Chinese-built section of Hanoi’s new urban railway “has come under fire after reports of deferred deadlines, cost overruns, and dangers to passers-by from falling materials,” reports the Financial Times. 01/13/21; Crypto Company BitGo Hires Coinbase’s Former Compliance Chief . Another battle in recent history was in 1974, when South Vietnam’s navy lost some islands in the Paracel Islands to China’s hands after a bloody battle that left 74 casualties and dozens of others injured. Many Vietnamese citizens hold Hong Kong freedom fighters Joshua Wong, Nathan Law, and Agnes Chow Ting in high regard. 47th, the Philippines 51st, Myanmar 53rd, Thailand 54th, and position in 2010. There’s no doubt that Hong Kong pro-democracy movement fits perfectly into the Vietnamese people’s worldview, which has been shaped by the latter’s long and complicated history of dealing with China and communism, as well as nationalist and anti-government fervor. Most national heroes worshipped as gods in Vietnam today are those who fought China over the past 200 decades, such as Hai Ba Trung (1st century, fought the Han dynasty), Ba Trieu (3rd century, fought the Eastern Wu dynasty), Ly Nam De (6th century, fought the Liang administration), Phung Hung (8th century, fought the Tang dynasty), Ngo Quyen (10th century, fought the Southern Han dynasty, ended China’s 1,000-year domination over Vietnam), Ly Thuong Kiet (11th century, fought the Song dynasty), Tran Hung Dao (13th century, fought the Yuan dynasty), Le Loi and Nguyen Trai (15th century, fought the Ming empire, ended a 20-year domination over Vietnam), Nguyen Hue and Bui Thi Xuan (18th century, fought the Qing dynasty). There is no chance that the case will be brought to the People’s Supreme Court, the highest tribunal of the land, as it requires motions filed by either the prosecutor general or the chief justice, both controlled by the very ruling Communist Party that wants to silence critics to protect their monopoly. They’ve existed in this political system over the whole of Vietnam for more than 40 years. The state budget was created to help political and socio-political organizations balance their operational books. nearly all of its peers in the region, with the exception of Singapore, which came 47 and it did not go through. The currency symbol is ₫. As a result, the anti-Chinese sentiment seems to be deeply rooted in Vietnam’s culture. A concrete example in Item 1, Article 5 of Decision 99, states: “Based on approved estimates, people’s committees in communes, wards, and townships are responsible for guaranteeing operating expenses at the committee level, must balance the books according to regulations in the State Budget Law, and must report to their committee level and the committee level directly above.”. The latest information from the mainstream media is that Doan Trang has been transferred to Ha Noi. However, here is what we can expect: Contact Trinh Huu Long: long.trinh@liv.ngo. Filipina Lalaine de Guzman, 48, is demanding answers for the detention of her American partner by Cambodian immigration officers after he was arrested at their home almost 90 days Shocking Revelations about The Coming Dinar, Dong and Dollar re-Evaluations. It’s unclear whether or not Doan Trang will be allowed access to legal representation and to receive family visitation. The 8 Party Congress (2020-2025 term), Party Bureau of the Bac Ninh Province People’s Committee, February 2020. The Ministry of Finance’s Circular 40/2017 has regulations on business expenses and conference organizing fees which give us a bit of hope in understanding how the budget is used for Party activities more generally and Party congresses at all levels more specifically, by providing us a legal basis on paper. Particularly with Secretariat’s Decision 99, we can see that this document contains regulations that seem to carry more force than even legal documents issued by the National Assembly. It is significant to note that most of the mass protests in Vietnam for at least the last decade have been anti-China. Some others think her case is mainly about her role at the Liberal Publishing House, a samizdat publisher founded in February 2019. Below, you'll find Vietnamese Dong rates and a currency converter. Although Vietnam is no longer a communist country and has a market-driven economy, the Communist Party remains the only legal political party. wielded against “hostile forces” in the domestic realm. In the State Budget Law mentioned above, Articles 36 and 38 tell us that both local and central budgets are also responsible for funding the activities of political organizations (i.e. Even if a lawyer is granted permission to assist Doan Trang, his or her access to the accused, in practice, is not always guaranteed. Fast forward to today: The territorial dispute over the South China Sea—which also involves Taiwan, the Philippines, Malaysia, and Brunei—is also a factor behind this sentiment. The Swiss Franc and Vietnamese Dong — the Odd Couple . Government Decree 163/2016 provides a bit more detail to the State Budget Law, stating in Article 9 that the government “entrusts the Ministry of Finance to lay out specifics in the management and use of the state budget for Vietnamese Communist Party bodies.”. Required fields are marked *. Her family told us that they were informed by Ha Noi Police in the evening of October 8 that she is being detained at Detention Center No. The country’s policy of pacifism, The “legal” basis often cited in related documents mostly stems from Decision #99-QĐ/TW, issued May 30, 2012 by the Party Central Secretariat, promulgating regulations on Party business expenses, of Party organizations at the fundamental level and those directly above (“Decision 99”). Suddenly, mass protests against the Chinese government broke out in the capital city, Hanoi. ... 27 August 2020 … The answer lies in the two country’s shared history and similar political movements. The peak of the migration wave was when Hong Kong became home to 200,000 Vietnamese asylum seekers. These protests were about protecting the country’s territorial integrity, which was at the core of the nationalism that the party had spent its whole history building. Before diving deep into legal issues, we’ll provide a general overview on how budgets are used for Party congresses. Vietnam’s long history of battling China spans more than 2,000 years. Vietnam, A Step Closer to Democracy With The Latest Nationwide Protests? Entry Submitted by Steve L at 7:57 PM EST on December 14, 2020 We were informed by gurus last week that WF and Chase still had Dong available for sale. Beyond movies, Hong Kong is also a popular tourist destination among Vietnamese, especially during summer and New Year’s holiday. Expenses of all Party congresses up to the 13th National Party Congress this year are regulated by Decision 3989-QĐ/VPTW, issued August 16, 2019 by the Central Party Office. An extremely serious case of this offence shall carry a penalty of 10 to 20 years’ imprisonment.3. Our currency rankings show that the most popular United States Dollar exchange rate is the USD to EUR rate. Learn also about the latest attempts on Putin and by whom. possibly have to confront the other, which means more enemies. Some people suspect that Doan Trang is linked to the Dong Tam case as she authored and distributed two Vietnamese-English reports on Dong Tam (in February and September 2020). influential, politically influential, strong international alliances and strong By the most conservative estimates, the amount of money citizens pay to fund Party congresses at just the local level is enough to keep the Government Inspectorate running for more than 25 years. The CMC and the MND defended their position, equating “The VND may move within the range of 0.5 percent on either side,” VNDirect forecast, adding there will be more upside risks for the dong in 2021. The head of a detention facility may not allow a visitor to meet a person held in custody or temporary detention in the following cases, for which he/she shall clearly state the reason: a. This is a bit complicated. This is not some kind of sensational headline to attract readers; it’s the truth. Given these trouble at sea, some people even suspect China of wanting to destroy Vietnam’s economy. According to the document, money spent to cover the expenses of representatives and guests for the two-day Party Congress at the commune-level alone would amount to almost 800 million dong, propaganda work in service of the congress would be 150 million dong, and money “for direct supplement payment” would be nearly 300 million dong. Your email address will not be published. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 2020 Vietnamese Dong (VND) to Canadian Dollar (CAD) from Saturday, 09/01/2021 till Saturday, 02/01/2021. Photo Source: baotintuc.vn. According to the white paper, Communist As such, when speaking of jurisdiction and general scope, documents issued by Party organizations are no less valid than laws passed by the National Assembly or decrees issued by the government. 02:19 Tue, Dec 22 2020 2:50 AM EST The People’s Procuracy of Ha Noi later approved these motions. And they mourn whenever there is a crackdown—or a pro-democracy activist gets arrested or dies. The expansion of foreign reserves “should be supportive of the Vietnamese dong” and the local currency should “remain stable at current level towards the end of 2020,” VNDirect said. Here is the date you need to remember: January 1, 2018. Published on December 19, 2020 12:35 GMT+0 edited on December 19, 2020 12:42 GMT+0. It’s not easy to find a Vietnamese over 30 years old that has never watched a Hong Kong film or is unfamiliar with Hong Kong film stars. But while the pro-democracy bias may seem to overlap with the anti-communist sentiment, these are not exactly the same for Vietnamese people. The page provides the exchange rate of 2020 Vietnamese Dong (VND) to Canadian Dollar (CAD), sale and conversion rate. Editor_In_Chief: Trinh Thanh Thuy You will probably agree with me that the audio and video quality is much better than that of the […], Sterling Currency Group (Dinar Banker) Court Documents Request – Leave A Comment at the bottom of this post. However, this seems to be the only way to actually get an understanding of such expenditures. For comparison, the Here is a legal briefing updated on the morning of October 9, Vietnam time. Eventually, the party cracked down on the protests. 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