Vietnam Economy Vietnam’s economy resilient despite weaker external environment: ADB By Thuy Dung Wednesday, Sep 25, 2019,16:07 (GMT+7) Vietnam’s economy resilient despite weaker external environment: ADB By Thuy Dung Eric Sidgwick (C), ADB country director for Vietnam, speaks at the press conference in Hanoi on September 25 – PHOTO: THUY DUNG HANOI - Vietnam’s economy is forecast to maintain healthy growth in 2019 and 2020 at 6.8% and 6.7%, respectively, after growing a robust 7.1% last year, the Asian Development Bank (ADB) said in an update of its flagship annual economic publication, launched today, September 25. In the Asian Development Outlook 2019 Update, ADB noted that while Vietnam’s gross domestic product growth moderated in the first half of 2019, it will remain resilient this year and next despite a weaker external environment. Inflation forecasts have been lowered to 3.0% from … [Read more...] about Vietnam’s economy resilient despite weaker external environment: ADB
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Vietnam resolved to realise UN 2030 Agenda: Deputy PM
Deputy Prime Minister Vu Duc Dam receives Resident Representative of the United Nations Development Programme (UNDP) in Vietnam Caitlin Weisen. (Photo: VNA) Hanoi (VNA) – The Vietnamese Government is always resolved to strive for the successful realisation of the 2030 Agenda for Sustainable Development, Deputy Prime Minister Vu Duc Dam said in Hanoi on December 11. Receiving Resident Representative of the United Nations Development Programme (UNDP) in Vietnam Caitlin Weisen, the official further said the Government advocates bringing the sustainable development goals into every national development strategy and programme. He also added that in the time to come, Vietnam will continue boosting the awareness from the whole society and mobilise the participation of all the relevant sides into the work. As Vietnam is going to shoulder the roles of the ASEAN Chair 2020 and a non-permanent member of the United Nations Security Council, besides the issue of climate change, the … [Read more...] about Vietnam resolved to realise UN 2030 Agenda: Deputy PM
SEA Game 30: Curtain falls, SEA Games flag goes to Vietnam
The 30th Southeast Asian Games (SEA Games 30) in the Philippines ends with a spectacular music and light feast-inspired closing ceremony. (Photo: AFP/VNA) Hanoi (VNA) – The 30th Southeast Asian Games (SEA Games 30) in the Philippines ended with a spectacular music and light feast-inspired closing ceremony, and the official flag handover to Vietnam – the host of the 2021 event. The athletes parade kick-started the festivities, as competitors from the various nations took centre-stage. A drone show then turned the inky black sky into a stunning screen showcasing the different sports contested at the Games. The captivating showcase then culminated in the display of the Games theme: We Win As One. The organising board presented individual awards to SEA Games’ best male and female athletes, Singapore’s Quah Zheng Wen and Vietnam’s Nguyen Thi Anh Vien. Both swimmers won six gold and two silver medals. Philippine surfer Roger Casugay received the … [Read more...] about SEA Game 30: Curtain falls, SEA Games flag goes to Vietnam
Hanoi air quality worsens as dry weather continues
Air quality in Hanoi worsened this morning as the northern region has had dry weather over recent days. Pollution on December 11 The air quality index at Tay Ho District's Phu Thuong Station at 5 am was 380. The data measured at the US Embassy in Hanoi was 269. Vietnam Environment Administration reported that data measured by their air quality monitoring system on Nguyen Van Cu Street at 7 am was 199. Over 60 monitoring spots of PAM air quality monitoring system also showed alarming data. Old people, children and people with respiratory diseases have been advised to stay indoors and Hanoians have been told not to go out for morning exercises. Residents are also advised to close the windows and wear masks when they have to go out. In several countries like Thailand, China and Singapore, schools are often closed and outdoor activities are halted during polluted days. The authorities also ban straw burning activities and construction work for a few days. Change Organisation is … [Read more...] about Hanoi air quality worsens as dry weather continues
Foreign investors can make use of Vietnam’s trade deals
Assembly line of Vespa motorbikes at Piaggio Vietnam Co Ltd in Binh Xuyen industrial zone in Vinh Phuc Province. (Photo: VNA) Hanoi (VNS/VNA) - Foreign investors have been encouraged to take advantage of the double benefits Vietnam is offering through its commitments in the many trade pacts signed with other countries. Foreign investment in Vietnam is expected to increase significantly after the country signed two important trade deals – the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free Trade Agreement (EVFTA). According to experts, foreign investors in Vietnam will enjoy the benefits of both the international market and preferential domestic policies. The agreements also offer a great opportunity for businesses that are not from the EU or CPTPP’s 10 other member countries. When investing in Vietnam, they can take advantage of tax incentives Vietnam has agreed upon with those countries. … [Read more...] about Foreign investors can make use of Vietnam’s trade deals