Nguyễn Bích Lâm. — VNA/VNS Photo Nguyễn Bích Lâm, director general of the General Department of Statistics, talks to Việt Nam News Agency about measures to improve labour productivity What are the impacts of social labour productivity on our national economy? Social labour productivity is one of several criteria in any nation based on the GDP per worker, per annum. This formula conforms with international practice. Việt Nam’s labour productivity has improved constantly in recent years with high speed compared to many ASEAN countries. In 2018, Việt Nam scored an economic growth rate of 7.08 per cent with its labour productivity per capita reaching VNĐ102.2 million – equal to US$4.521 per capita. Last year labour productivity increased by 6 per cent compared to 2017. As a result in the period 2016-18, Việt Nam’s labour productivity increased by 5.7 per cent - against that of … [Read more...] about Raising labour productivity is the key in development
How do ranchers raise cattle
Nguyễn Xuân Dương, acting director of the Department of Livestock Production under the Ministry of Agriculture and Rural Development, speaks to Nông thôn Ngày nay (Countryside Today) on alternatives to pig farming in response to the spread of African swine fever Switching to raising cattle (buffaloes and cows) could be a solution for pig farmers that are suffering because of African swine fever. Will this be difficult for small farming households? I think switching from raising pigs to cattle should be considered a major direction, not an alternative used only in the time of African swine fever. It should be one of the methods to restructure the livestock industry and reduce pressure on the pig farming segment, especially because pork accounts for 70 per cent of the industry’s meat production. Switching to poultry and grass-fed cattle will also help to diversify our food sources and take advantage of the biodiversity of several … [Read more...] about Cattle farming: a solution to African swine fever
The tale of new buildings, old buildings, and heritage buildings is a never-ending story. A heritage building is not just an old building built long ago. There are structures that have been standing for 100 or even 200 years but still can't be called heritage buildings. This is the same for people. There are people who grow "smaller" with age, who can't be considered wise despite their gray hair. There are also young, wise people and those who do become more respectable and better role models as they age. Buildings are like people: their values must be determined by both their self-worth and their relationship and effect on the living environment, urban or rural. The preservation of heritage buildings must be seen as an "investment" and not an "expense." I have worked for long in Vietnam, but have participated in many projects to renovate or reorient small cities and towns overseas. For some projects, I was the lead researcher (such as one for the city of Kriens in Switzerland); … [Read more...] about Heritage equivalence: A cattle barn and a theater
Viet Nam News Brian Spence* Congratulations! You’re ready to start investing. It might seem like a small step, but years from now you’ll look back and realise how meaningful this moment was to your financial future. This could be the defining decision that helped you achieve your financial dreams. However, dipping your toe into the waters of investing can seem a little daunting at first. Questions of which stocks to buy, how to manage risk and when to sell are likely to be at the front of your mind. But help is at hand. Here, I’ll walk you through the main decision-making processes. When and how do I buy my first stocks? Over the long term, stocks outperform any other asset class, so deciding to invest in the markets is undoubtedly a good decision. But don’t run out and buy stocks straight away – no matter what “hot tip” has come your way. Before selecting your first investment, you must complete the following financial steps. Attending … [Read more...] about How to pop your cherry in Việt Nam’s stock market
Market 200 in District 4 is often referred to as a food paradise in Saigon, with many restaurants and stalls for customers to choose from. Among these, a fried rice stall called Thien An stands out as a particular favorite. The owner opened this stall two years ago, and it has stayed crowded since day one. One of the reasons that the fried rice stall attracts so many customers is the irresistible fragrance that emanates from the kitchen that is set right next to the entrance, triggering hunger pangs. There are 20 different fried rice dishes on the menu, including chicken wings fried rice, beef fried rice, seafood and ribs fried rice. Noodles and vermicelli are also served here. The cheapest dish here is fried rice with chicken wings, which is about a dollar for a portion. The owner said preparation is the hardest and most time-consuming part of her business. "We have to buy a lot of ingredients, because there are over 20 dishes on our menu," she said. The stall opens and starts serving … [Read more...] about How do you like your rice fried? 20 options await
Thu Vân One year go, to this day, I was shivering in fury, agony and disbelief as I wrote an editorial about three kindergarten caregivers slapping the faces of 3-5 years old toddlers, even throwing them up in the air in anger. Today, those feelings are back in full force, and I still can’t control the shivering and the emotions. This time, it is a sixth grader in Quảng Bình Province at the receiving end of violence. In some ways, this is even worse. It was not an adult beating up a child, this time, horrific as that is. This time, an adult got the kids to be violent. Yes, this bears emphasising. An adult, a teacher no less, got her students, sixth graders, to engage in violence on their friend and classmate. The teacher forced the sixth graders to slap one of their classmates 10 times each, and the kid was slapped a total of 231 times for allegedly using foul language in class. Why 231? Because the crime had been “upgraded” to a higher … [Read more...] about We have been slapped. How do we turn the other cheek?
The United States may jack up the tariff rate on the next US$200 billion in Chinese imports it plans to target as it pressures Beijing to reform its trade practices, US officials said on Wednesday (Aug 1). President Donald Trump has asked the US Trade Representative to consider increasing the proposed tariffs on Chinese imports as part of a plan to pressure Beijing into reforming its trade practices. (AFP Photo) President Donald Trump asked the US Trade Representative to consider increasing the proposed tariffs to 25 per cent from the planned 10 per cent, USTR Robert Lighthizer said. "We have been very clear about the specific changes China should undertake. Regrettably, instead of changing its harmful behavior, China has illegally retaliated against US workers, farmers, ranchers and businesses," Lighthizer said in a statement. Officials however downplayed suggestions the move was intended to compensate for the recent decline in the value of the Chinese currency, which has … [Read more...] about Trump threatens to raise tariffs on Chinese goods to 25pc, up from 10pc
VietNamNet Bridge - Scientific research remains one of the weakest points of Hanoi and HCMC National Universities, which appeared in the QS 2019 ranking. Vietnam's universities are weak at scientific research In the QS World University Ranking 2019 that ranks 1,011 leading universities in the world (QS World), HCMC National University appears in the group of schools ranked from 701st to 750th, while the Hanoi National University was in 801st-1,000th. In the QS World University Ranking 2019 that ranks 1,011 leading universities in the world (QS World), HCMC National University appears in the group of schools ranked from 701st to 750th, while the Hanoi National University was in 801st-1,000th. Also according to Tuan, among the best known rankings, QS is the most criticized, especially for its methodology. RELATED NEWS Two Vietnam’s universities listed in QS top 1,000 schools University accreditation: ‘a game of the rich’? Kim Nam … [Read more...] about How do Vietnam’s two schools in the QS ranking fare in research capacity?
Viet Nam News Ian de Cruz, the Global Director of Partnering for Green Growth and Global Goals 2030 (P4G), a Denmark-inspired new initiative to support innovative public-private partnerships, talks to Việt Nam News about P4G and how it could work in Việt Nam on the occasion of his three-day visit to the country this week What is P4G? P4G is an international agreement that provides a frame for how we want to move the world into the future. It brings business, government and civil society organisations together to find public-private-partnerships and advanced solutions in five sectors. The first is food/agriculture, the second is water, the third is energy, the fourth is cities and the fifth is the circular economy. We have seven partner countries. The Danish government will provide funding for the next five years. The funding for this year is expected to be about US$4 million. In 2018, P4G expects to fund 5-10 partnerships with investment ranging from under $100,000 to … [Read more...] about How Denmark’s P4G could work in Việt Nam
Vietnam’s cattle industry is failing to meet the country's increasing demand for beef, forcing local consumers to turn to imported products. Last year, the country imported more than 262,300 live cattle, and nearly 42,000 tons of beef and buffalo meat, valued at more than $410 million, according to the Animal Husbandry Department under the Ministry of Agriculture and Rural Development. Explaining the reason for the imports, vice head of the department Tong Xuan Chinh said Vietnamese people’s diets have changed drastically in recent years, and they're now eating more beef and buffalo meat. Average consumption has doubled to 5-6 kilograms of beef and buffalo meat per year in the past decade, but the cattle industry has been unable to keep up with the pace. Local supplies of beef and buffalo meat only meet 80 percent of the current demand. “Imports of beef and buffalo meat are unavoidable due to limited local supplies,” said chairman of the Vietnam Animal … [Read more...] about Vietnam’s taste for beef soars, but cattle industry can’t find its feet