Presidents Ho Chi Minh (L) and Mao Zedong toast the sustainability of the Vietnam-China friendship in August 1957 (File photo: VNA) In his remarks, Chairman of the Vietnam-China Friendship Association in HCM City Duong Quan Ha said the two countries are neighbours with a time-tested friendship. Their relations, nurtured by late Presidents Ho Chi Minh and Mao Zedong and generations of leaders, were lifted to the comprehensive strategic cooperative partnership and have been flourishing, bringing about common benefits for their people. … [Read more...] about VIETNAM NEWS JANUARY 19
Arlene eisenberg what to expect the first year
Clearing path for safer corporate bond market
“Amid unfavourable market conditions for new share issuance, listed companies have been issuing bonds as an alternative to capital mobilisation from stock markets, with new bond issuances soaring nearly 70 per cent on-year,” said Tran Nguyen, analyst at Mirae Asset Securities. “Rising financing demand after the lockdown period was in line with our expectation. We expect a revival of new issuances by corporates in the rest of the year to finance business recovery, fuelled by tightening banking credit standards for new loans.” … [Read more...] about Clearing path for safer corporate bond market
Bayer announces big investment in external innovation
“Cell and gene therapies hold the promise to significantly impact patients’ lives by moving from treating symptoms to potentially curative approaches,” Wolfram Carius, executive VP and head of cell and gene therapy at Bayer, said. “Together with our partners, we want to accelerate innovation at its source and along the whole value chain to ensure a rapidtranslation of science into therapies for patients who have no time to wait.” … [Read more...] about Bayer announces big investment in external innovation
Two wind power plants to be built in Tien Giang province
Invested by Thanh Thanh Cong (TTC) Group, the 100-MW Tan Phu Dong 1 covering about 22 ha, will be built with a total investment of 4.46 trillion VND (193.88 million USD). It is projected to generate about 307.6 million kWh of electricity per year. … [Read more...] about Two wind power plants to be built in Tien Giang province
Is Vietnam’s economy recovering from COVID-19? Ask female entrepreneurs
Traditional metrics like GDP and unemployment, however, may overlook and even contribute to inequalities. If the overall picture is strong, then governments may elect to forego additional support even though certain groups may be lost in the statistical shuffle. In response, some economists have proposed more targeted metrics to measure recovery. For example, there are calls for the Federal Reserve in the US to consider the unemployment rate of black Americans as opposed to the general unemployment rate when setting monetary policy. Basing economic monetary and fiscal policy on the most economically vulnerable has the potential to address systematic inequalities, but how could the concept be imported to a middle-income country like Vietnam? … [Read more...] about Is Vietnam’s economy recovering from COVID-19? Ask female entrepreneurs