Viet nam news

Nation Vietnam’s population set to become super-aging by 2050: official The Saigon Times Daily Saturday,  Dec 14, 2019,17:09 (GMT+7) Vietnam’s population set to become super-aging by 2050: officialThe Saigon Times Daily A doctor offers a free health checkup to a senior citizen in the south-central coastal province of Binh Dinh. Vietnam is poised to become a super-aging country by 2050 – PHOTO: VNA HCMC – Vietnam will become a super-aging country by 2050, but the country is not prepared to adapt to the rapid pace of aging and provide care for the growing elderly population, heard those attending a workshop in Hanoi on December 12. The workshop on the country’s aging population and health was held by the General Department for Population and Family Planning (GOPFP) under the Ministry of Health, in partnership with the United Nations Population Fund (UNFPA), the Economic Research Institute for … [Read more...] about Vietnam’s population set to become super-aging by 2050: official

Investment U.S. firms help HCMC resolve urban issues: AmCham The Saigon Times Daily Saturday,  Dec 14, 2019,17:06 (GMT+7) U.S. firms help HCMC resolve urban issues: AmChamThe Saigon Times Daily Le Thanh Liem, Vice Chairman of HCMC, speaks at a meeting with representatives of the American Chamber of Commerce in Vietnam on December 13 – PHOTO: VNA HCMC – The U.S. business community will help HCMC tackle pressing urban issues, especially transport infrastructure and waste treatment, to bolster the city’s economic growth, according to Amanda Rasmussen, chairwoman of the American Chamber of Commerce in Vietnam. Rasmussen was in talks with the city’s vice chairman, Le Thanh Liem, while meeting on December 13, reported the Vietnam News Agency. Cooperation between Vietnam and the United States has made significant progress since normalizing relations. Over the past 25 years, their leaders and people have … [Read more...] about U.S. firms help HCMC resolve urban issues: AmCham

Vietnam has gained certain achievements in completing the market mechanism, and adjusting the corresponding role of the State in the economy. However, Nguyen Chi Dung, Minister of Planning and Investment, said at the Vietnam Reform and Development Forum held recently in Hanoi, that the market-economy institutions in Vietnam actually have shortcomings which hinder development. Vietnam has gained certain achievements in completing the market mechanism, and adjusting the corresponding role of the State in the economy. As for private funding of public service, though the policy was supported by most people, 57 percent still expressed concern. Chi Mai  New FTAs put pressure on VN to reform business practices New-generation Free Trade Agreements (FTAs) are expected to help Viet Nam become more competitive if the country reduces trading costs and improves its business environment, experts said on Tuesday at a conference in HCM City.   Most enterprises in VN satisfied … [Read more...] about Economic institutional reform still has many shortcomings

A river in Thailand. Illustrative photo (Photo: The Straits Times) Bangkok​ (VNA) – Thailand’s economy saw an increase in external demand but domestic demand was not “sufficiently strong”, according to a minutes of the Bank of Thailand (BoT)’s latest policy meeting. The minutes show that some members of the country’s Monetary Policy Committee (MPC) felt economic growth was still “at the initial stage” and facing structural changes, the minutes said. Household debt remained an issue, particularly for low-income earners while expansion in private consumption needs to be closely monitored after the Thai government’s 2018 supplementary budget is spent. The MPC viewed that it is still necessary to adopt an accommodative monetary policy stance to foster stronger domestic demand. Public investment would remain a key growth driver and was expected to resume growth, the minutes added. The BoT forecast that Thailand’s … [Read more...] about Thailand: Domestic demand not strong enough