please click the box below to let us know you're not a robot Get the most important global markets news at your fingertips with a Bloomberg.com subscription BERLIN — Police in northwestern Germany are searching for a brazen thief — or thieves — who knocked down the wall of a house with a tractor and made off with a safe This document may not be reprinted without the express written permission of Northwest Arkansas Newspapers LLC Material from the Associated Press is Copyright © 2025 audio and/or video material shall not be published rewritten for broadcast or publication or redistributed directly or indirectly in any medium Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use The AP will not be held liable for any delays errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing According to Deputy Minister of Finance Ho Sy Hung a comprehensive revision of the Law on State Budget is "A crucial and strategic task for the management and application of the nation's public finances." Deputy Minister Hung made the statement at a national conference to solicit feedback on the comprehensive revision of the Law on State Budget The amended Law on State Budget has been developed to fully institutionalise the party and state’s guidelines and orientations; ensuring consistency and synchronisation across the legal framework; encouraging decentralisation and delegation of authority to enhance proactivity and autonomy at the local level; building upon the achievements of the current law; and amending outdated provisions to remove complexities Agreeing with the importance of revising the law head of Cooperation at the EU Delegation to Vietnam proclaimed that revising the Law on State Budget is a significant step forward in ushering the country into a new stage of development the budget law is considered a fundamental legal instrument for economic development if developed with a strong spirit of innovation and modernisation and a sound legal foundation Vu Duc Hoi, director general of the State Budget Department under the Ministry of Finance, noted that the draft law amends and supplements provisions for the reformation of the revenue assignment mechanism between the central and local budgets aiming to strengthen the leading role of the central budget while enabling local budgets to exercise greater autonomy and initiative in mobilising and utilising resources for socioeconomic development the draft law reviews and revises expenditure assignment regulations clearly delineating the responsibilities and powers of each level in budget utilisation prioritising resource allocation for key tasks-especially in science and technology optimising processes related to budget estimation representatives from local Departments of Finance expressed overwhelming consensus for the need of a comprehensive revision of the law highlighting several bold and necessary innovations Vice Chairman of Binh Phuoc People’s Committee the draft law has resolved many issues faced by localities during implementation it resolves obstacles related to advances from the financial reserve fund expands allowable expenditures from the budget contingency fund and eliminates the requirement to develop a three-year financial plan thereby facilitating both financial agencies and budget-using entities," said Mi Director of Ho Chi Minh City Department of Finance Le Huynh Mai proposed the inclusion of a provision allowing localities to implement inter-regional infrastructure expenditures and to expand support policies for both domestic and international localities in accordance with the financial capacity of each locality with decisions entrusted to local Peoples' Council delegates made several proposals and recommendations to remove existing obstacles and ensure that the draft law is practical and meets burgeoning development demands NA deputies expressed hope that the amended Law on State Budget will receive approval at the upcoming ninth session of the National Assembly thereby establishing a legal framework that effectively supports budget management contributes to economic stability and growth With the state budget targets fixed for 2025 the government plans to tighten spending and boost revenue collection supported by significant borrowing to meet its financial needs Amidst the global and domestic challenges of 2024 the capital's economy has maintained recovery momentum exceeding key targets and achieving remarkable progress across multiple sectors Vietnam’s state budget landscape in 2024 witnessed a major surplus fuelled by an increase in revenues from many sources ★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional Vietnam Investment Review under the Ministry of Finance Advertisement  | Contact us Essential digital access to quality FT journalism on any device Complete digital access to quality FT journalism with expert analysis from industry leaders Complete digital access to quality analysis and expert insights complemented with our award-winning Weekend Print edition Terms & Conditions apply Discover all the plans currently available in your country See why over a million readers pay to read the Financial Times Gerresheimer’s new medical plastic systems and syringes facility in North Macedonia is its first facility in Southeast Europe Medical plastic systems and syringes facility German pharmaceutical company Gerresheimer has built a new medical plastic systems and syringes manufacturing facility in Skopje to increase its manufacturing capacity and expand its production network in Europe It is the company’s first facility in Southeast Europe the first phase of the facility involved an investment of €25m ($30.1m) and will create 400 new jobs It currently manufactures plastic drug delivery systems and will be expanded to manufacture glass pre-fillable syringes for the pharmaceutical and healthcare sectors The future phases of development are expected to be complete by 2024 The medical plastic systems and syringes facility is located within the 96.75ha Skopje 2 free economic zone in the Ilinden municipality The site is 4.6km away from the E-75 highway and 10km east of Skopje The greenfield site was selected as the location for the packaging plant due to its close proximity to Skopje International Airport and major transport links The new plant is being developed in five phases and is operated by the Medical Systems business unit of Gerresheimer’s Plastics and Devices division Its construction and production activities are supported by the company’s competence centre in Wackersdorf The company’s Pfreimd and Buende plants in Germany as well as the Horsovsky Tyn facility in the Czech Republic also supported the construction of the new plant The site has a total space of 12,500m² (134,549ft²) 7,500m² (80,729.3ft²) of this was developed in the first stage and included the installation of plastic systems production lines for medical Pre-fillable glass syringe lines for the manufacture of standard and customised glass product solutions for filling medications will be added in future phases The plant will be outfitted with a camera inspection system to eliminate defects in glass syringes and accelerate product verification The modular layout of the facility will allow for future expansions The new plant manufactures safe and easy-to-use medical plastic systems It will produce a variety of pre-fillable glass syringes with filling volumes ranging from 0.5ml to 5ml The product range will include Gx® pre-fillable needle glass syringes Gx® pre-fillable Luer lock glass syringes and Gx® pre-fillable Luer cone glass syringes The syringes will be equipped with a backstop plunger stopper and plunger rod and will be delivered as either a complete system in bulk (Gx® bulk) or in a ready-to-fill format Gerresheimer manufactures speciality glass and plastic pharmaceutical packaging and medical and diagnostic products for pharma and healthcare applications Gerresheimer’s pharmaceutical packaging product portfolio includes pre-fillable syringes and containers for liquid and solid medicines The company also produces glass and plastic packaging for cosmetics as well as the food and beverage industries Gerresheimer operates approximately 40 production plants in 15 countries and has a workforce of up to 10,000 employees Give your business an edge with our leading industry insights View all newsletters from across the GlobalData Media network Company NewsWarburg Pincus, KKR Consortium in Talks to Buy GerresheimerBy Bloomberg NewsPublished: March 12, 2025 at 3:18PM EDT (Bloomberg) -- A consortium consisting of Warburg Pincus and KKR & Co. are in talks to acquire Gerresheimer AG, the German maker of packaging for drugs and cosmetics, according to people familiar with the matter. The private equity firms emerged as the frontrunner after they teamed up and other potential bidders including Bain Capital dropped, the people said, asking not to be identified discussing confidential information. Shares of Gerresheimer fell about 1% as of 10:00 a.m. in Frankfurt after gaining as much as 2% earlier on Thursday. The stock has risen around 11% this year, giving the company a market value of roughly €2.7 billion ($2.9 billion). The Warburg Pincus-KKR consortium is unlikely to offer a significant premium to Gerresheimer’s current price and there are still major hurdles to a deal, some of the people said. While the talks are advanced, any final agreement could take weeks and a deal could still fall apart, they added. Representatives for Gerresheimer, Warburg Pincus, KKR and Bain declined to comment. Dusseldorf-based Gerresheimer has already attracted interest from a number of private equity firms, Bloomberg News has reported. In February, Gerresheimer confirmed early-stage discussions with private equity investors that have made informal, non-binding expressions of interest about a potential takeover. The company has been in the crosshairs for a takeover by buyout firms for years. It’s been seen as a prime breakup candidate due to the different nature of its two businesses. Its cosmetics arm makes plastic bottles and glass jars for perfume and skincare products, while its drug unit manufactures more complex packaging from syringes and glass vials to advanced products like injectors, inhalers and wearable infusors. Gerresheimer has separately been exploring strategic options for its molded glass business since last year. Interest from some suitors for Gerresheimer declined after Novo Nordisk A/S earlier this week reported another disappointment for the drugmaker’s next-generation shot CagriSema, according to the people. Activist investor Ricky Sandler, the founder of Eminence Capital, built a stake of 5.4% in Gerresheimer as of late last year. New York-based activist shareholder Sachem Head Capital Management disclosed a position of over 5% last month. (Updates Gerresheimer’s share moves in second paragraph.) Twitter feed ©2025 BellMedia All Rights Reserved For over 50 years Horse Sport has been the voice of equestrian competition in Canada and breeders who are highly involved in the equine marketplace Developed by The Web Developer LLC Vietnam first joined the Earth Hour movement in 2009 and climate action has significantly increased./ Hanoi (VNA) – Nearly 2,000 people joined a running event in Hanoi on March 8 to support the Earth Hour 2025 Campaign highlighting Vietnam’s commitment to energy conservation and environmental sustainability The run was launched together with a nationwide energy-saving campaign in response to Earth Hour 2025 by the Ministry of Industry and Trade (MoIT) as part of the National Programme on Energy Efficiency (2019-2030) on Tran Nhan Tong pedestrian street Deputy Minister of Industry and Trade Nguyen Hoang Long emphasised that a series of activities will be held throughout March 2025 in support of Earth Hour an online contest about economical and efficient use of energy and a call on community and businesses to switch off lights from 8:30 pm to 9:30 pm on March 22 He stressed that the initiative aims to inspire a widespread movement beyond just saving electricity greater adoption of renewable energy and energy-efficient products and technologies head of cooperation at the EU Delegation to Vietnam reiterated the importance of energy efficiency and renewable energy as essential solutions for a sustainable energy supply and reducing reliance on fossil fuels As the EU and Vietnam share a strong commitment to the green transition and circular economy she expressed her belief that Vietnam will achieve its net-zero emissions target by 2050 participants engage in the run through two formats: an offline 5km race in Hanoi and an online race via the 84RACE and Strava apps from March 8-31 This year marks the 20th UN Day of Vesak Celebrations with Vietnam having hosted the event four times A highlight of the 2025 event is the ceremonial enshrinement of the historical Buddha’s relics symbolising Buddhist harmony and its peaceful message 1975 will forever be a milestone in Vietnam’s history and the beginning of a new era of independence said Vietnamese Ambassador to France Dinh Toan Thang They are asked to issue legal documents within their jurisdiction to implement cuts and reassign the authority of settlement at the district level For procedures requiring government decrees ministries must submit them to the Ministry of Justice for review by May 10 and to the Government for approval by May 30 Progress on the work must be reported to the PM by May 10 Vietjet passengers traveling on domestic flights departing from Terminal 1 at Noi Bai International Airport can now complete check-in and boarding procedures using biometric authentication (eKYC) via the VNeID app About 500 Vietnamese expatriates recently gathered in Moscow to welcome their homeland’s military delegation preparing for the Victory Day parade marking Russia’s 80th anniversary of the Great Patriotic War triumph once turned into a “hell on earth” by the colonialists and imperialists to suppress Vietnamese patriots and revolutionaries became a sacred historical place and epitomised the fighting spirit and ardent patriotism of the Vietnamese people The newly formed localities are expected to better harness the region's potential and advantages to accelerate development The activities will feature the participation of hundreds of ethnic minority representatives currently living and working at the village along with delegations from 11 provinces and cities Events included the ceremonial opening of a relic viewing of the Buddha’s sarira The two-hectare range broke ground in July 2024 supported by a grant of over 700,000 USD from the US Government and a calibration zone for mine clearance equipment Uzbekistan and Vietnam have enjoyed a long lasting relationship More than 3,500 Vietnamese students have studied at educational institutions in Uzbekistan and played an important role in strengthening the friendship between the people of the two countries./ a total of 8,056 inmates have been granted early release under this year’s amnesty the Government has effectively connected provinces rich in human resources with key economic hubs A Mexican scholar has praised Vietnam as a notable model of success not only for Asia but also for developing nations across Latin America amid the economic volatility in the 21st century Hanoi has launched a wide range of cultural and entertainment activities to attract tourists during the five-day national holiday Vietnam Railways Corporation (VNR) said the two services which departed from Hanoi (SE1) and HCM City (SE4) on April 29 were more than just a special service to mark the Liberation of the South the invaluable lessons drawn from the Route 9–Southern Laos and Lam Son 719 victories continue to inspire the heroic traditions of both armies remain highly relevant and meaningful to both Vietnam and Laos as they move forward in a new era Vietnam's struggle for independence and freedom ended in the spring of 1975 with President of the Republic of Vietnam Duong Van Minh and his cabinet appearing at Saigon Radio station to announce unconditional surrender on April 30 A total of 221 Vietnamese citizens detained in Myanmar for breaching immigration regulations returned home on April 28-29 Ho Chi Minh City contributes over 20% of the national GDP It proposes and implements groundbreaking institutional reforms from renovating administrative procedures and attracting foreign direct investment (FDI) to piloting special mechanisms 2008 by the Ministry of Information and Communications Email: vietnamplus@vnanet.vn Reproduction in any form is prohibited without written consent