Vietnam commits to maintaining stability of politics-security, stability of foreign investment policy, and stability of reform guidelines in order to protect interests of foreign investors. Permanent Deputy PM Truong Hoa Binh (R) at the Conference on the Future of Asia, Tokyo, Japan, June 11, 2018. Photo: VGP Permanent Deputy PM Truong Hoa Binh made the statement while addressing the Conference on the Future of Asia in Japan on Monday. The Government of Vietnam will continue improving legal system and investment-related policies in a consistent, transparent, open, and predictive manner, Deputy PM Binh said. The Government will also double efforts in improving law enforcement capacity and enhance real dialogues with investors to remove obstacles against them, he added. He highlighted significant progresses Vietnam has made over the past three decades thanks to the introduction of reform process, open-door policy, and foreign policy of openness and diversification and … [Read more...] about What Vietnam commits to protect foreign investors at Conference on Asia future?
The Asian Football Confederation (AFC) granted Vietnam clearance to host the final round of the Asia U19 Women’s Football Championship 2011. The championship will take place from October 6 to 16, 2011. After successfully competing in the second qualifying round, the Vietnamese U19 team will enter the final round with five others – Japan, the Republic of Korea, the Democratic People’s Republic of Korea, China and Australia. Vietnam will announce the match-ups in the near future. Source: VOV … [Read more...] about Vietnam to host final round of Asia U19 Women’s Football Champs
(Cinet)- On October 08, the exhibition titled "Asia – Cultural diversity" has opened at the Vietnam National Museum of History. Minister Hoang Tuan Anh attended. The event is a part among framework of the 4th Conference of Asian National Museums Association, which is taking place in Ha Noi from October 07-09, 2013.Speaking at the opening ceremony, Minister Hoang Tuan Anh highly appreciated this event. This is a forum for Asian National Museums Association toghether to share information, experiences; From that opening thelink, new bilateral and multilateral cooperation in the future. “ It is also an opportunity for Vietnam to introduce the country, people, history and culture to international friends” Minister Hoang Tuan Anh highlighted. The exhibition features nearly 100 artifacts originating from 10 Asian countries, including: India, Cambodia, Laos, Myanmar, Japan, the Democratic … [Read more...] about “Asia – Cultural diversity” exhibition opens
We all know that people in developing countries tend to have a shorter view of the future than others – a tendency to live for today and enjoy the simple things in life. People expect less and worry less, content to savour the good moments and cope with the tough deals that life brings when they pop up. In most cases they don’t have a choice but to cope because opportunities to progress up the chain aren’t available to many.We also know that children get extra special love and attention in societies where families have less. Family bonds are stronger – they have to be because everyone counts on each other to row the boat together in the same direction – that’s how they manage to survive. Families can’t afford to split apart in different directions with each seeking their own future wherever they choose – at least most families, that is.Most parents aren’t fretting over buying that next fancy pair of running shoes for their kid, or … [Read more...] about The kid-loving champion of Asia? Vietnam! Info Alert Alert Chia sẻ bài viết qua e-mail
Editor’s note: State President Tran Dai Quang addresses the APEC summit and its vision as chair of the 25th APEC Economic Leaders' Meeting, when the event is taking place in Da Nang, located in central Vietnam.Twenty eight years ago, the Asia-Pacific Economic Cooperation (APEC) forum came into being. Ever since, APEC has been growing vigorously, living up to the role as the region’s premier economic forum. In a globalized and changing world and a dynamic Asia-Pacific, APEC is facing both new opportunities and challenges. As the host of APEC 2017, it is Vietnam's mandate to work with other member economies to transform the APEC Economic Leaders’ commitments into tangible results and bring APEC closer to the people and business community, thereby realizing the strategic vision for an Asia-Pacific of sustainable and inclusive development in the 21st century. APEC in its third decade: achievements and milestonesThe birth of APEC in 1989 took place at a time when … [Read more...] about APEC Vietnam 2017: Fostering a shared future in a changing world Info Alert Alert Chia sẻ bài viết qua e-mail
We all know that people in developing countries tend to have a shorter view of the future than others – a tendency to live for today and enjoy the simple things in life. People expect less and worry less, content to savour the good moments and cope with the tough deals that life brings when they pop up. In most cases they don’t have a choice but to cope because opportunities to progress up the chain aren’t available to many.We also know that children get extra special love and attention in societies where families have less. Family bonds are stronger – they have to be because everyone counts on each other to row the boat together in the same direction – that’s how they manage to survive. Families can’t afford to split apart in different directions with each seeking their own future wherever they choose – at least most families, that is.Most parents aren’t fretting over buying that next fancy pair of running shoes for their kid, or … [Read more...] about The kid-loving champion of Asia? Vietnam!
A deeper dive into healthcareThe Vietnamese healthcare sector continues to develop at a robust rate as local patients increase their spending on health services. According to a “Vietnam Pharmaceuticals and Healthcare Report” by BMI Research, Vietnamese people’s expenditures on healthcare has posted an estimated 7 per cent jump from $15 billion in 2016 to $16 billion in 2017.The rising spending power of local patients, coupled with rapid urbanisation, is stimulating demand for quality healthcare in Vietnam. However, overcrowding in public hospitals is expected to intensify, resulting in long wait times and a shortage of beds.To provide Vietnamese patients better access to advanced care and treatment, Vingroup, one of the largest private conglomerates in Vietnam, launched its not-for-profit healthcare arm Vinmec Healthcare System in January 2012. The move is part of the group’s broader strategy to build a complete ecosystem for Vietnamese people, including … [Read more...] about Making local healthcare ‘future-ready’
Thai Beverage (TBEV.SI) has won an auction to buy a majority stake worth $4.84 billion in Vietnam’s top brewer Sabeco SAB.HM, a lofty deal that adds a major asset to the beer-to-property empire of Thai magnate Charoen Sirivadhanabhakdi. The deal is a big step for Charoen, the son of a Bangkok street vendor, who is emerging as one of Asia’s biggest power players in brewing. He dominates his home market with Chang beer and owns Singapore’s Fraser and Neave Ltd (FRNM.SI). The Sabeco stake will give him control of brands like Saigon Beer and 333. The Sabeco deal will also help Thai Beverage (Thai Bev) tap into Vietnam’s beer market, worth about $6.48 billion last year, where a young population and booming economy are an attractive lure, despite political resistance, a high minimum bid price and a cap on foreign ownership. Thai Bev’s local unit, Vietnam Beverage Co Ltd, was named winner of the 54 percent Sabeco stake on offer at the auction on Monday after … [Read more...] about Thai beer magnate extends SE Asia push with $4.8 billion Sabeco deal
Salaries in Vietnam are rising faster than in any other Southeast Asian country, according to a recent survey released by employment website Jobstreet.com. The average annual growth rate of Vietnam's payroll stands at 20-24 percent, compared to 14-20 percent in Thailand, the Philippines, Indonesia, Myanmar and Singapore. In Vietnam, management and executive salaries grew fastest, at 26 and 35 percent respectively. The survey found that 68 percent of companies operating in Vietnam want to expand their businesses in the future, so they have high recruitment demands. Jobstreet forecast that salary growth will continue with this demand. Vietnam's minimum wage, however, doesn't enjoy such a large jump. On Monday, the prime minister signed off on a decree raising the minimum wage for 2018 by 6.5 percent, the lowest nominal bump in 11 years. The rise brings the minimum wage for Region I to VND3.98 million ($175) a month. Region II to VND3.53 million, Region III to VND3.09 million and … [Read more...] about Monthly salaries in Vietnam rise fastest in Southeast Asia: survey
The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a hotly anticipated launch, while Asian shares climbed amid optimism about global growth.The most-traded contract on the Chicago-based CBOE Global Markets exchange XBTc1 opened at $15,460 in New York on Sunday evening, before leaping to a high of $18,700 - a gain of 21 percent. They were last quoted at $18,100 a premium of more than$1,700 to the price on Gemini Exchange.The futures are cash-settled contracts based on the auction price of bitcoin in U.S. dollars on the Gemini Exchange, which is owned and operated by virtual currency entrepreneurs Cameron and Tyler Winklevoss.The cryptocurrency has boasted a gravity-defying 15-fold gain since the start of the year, attracting institutional interest and no small amount of question marks.The acting governor of the Reserve Bank of New Zealand on Sunday said bitcoin appeared to be a “classic case” of a … [Read more...] about Bitcoin futures rocket past $18,000; Asian shares buoyant