Home Anh Vien takes two more gold medals in SEA Games By Vu Duc Friday, Dec 6, 2019,19:41 (GMT+7) Anh Vien takes two more gold medals in SEA GamesBy Vu Duc Vietnam’s Nguyen Thi Anh Vien receives the gold medal in the women’s 200m freestyle category in the swimming event at the 30th SEA Games in the Philippines today, December 6 - PHOTO: VNA HCMC – Nguyen Thi Anh Vien clinched two more gold medals on day six of competition today, December 6, in the 30th Southeast Asian Games (SEA Games), which is taking place in Manila. As predicted, Nguyen Thi Anh Vien finished first in the women’s 200m freestyle event in two minutes and 0.75 seconds. Natthanan Junkrangjang of Thailand came second in two minutes and 0.93 seconds and Remedy Alexis Rule from the Philippines ranked third in two minutes and 1.64 seconds. Defending champion and Games record holder Anh Vien also took home her second gold in the … [Read more...] about Anh Vien takes two more gold medals in SEA Games
Indonesia recovers lion air jets cockpit voice recorder
Startups catching the eye
Vietnam's emerging startup scene is proving to be a case of right place, right time for local and international venture capital funds. Eleven “rising star” startups in Southeast Asia in September converged at the “500 Startups Demo Day” in Ho Chi Minh City to spotlight the dynamic technology landscape in Vietnam and broader Southeast Asia. “There’s more hype about Vietnam’s tech scene now than ever before, as this is an exciting time for Vietnam overall,” said Mr. Eddie Thai, General Partner at 500 Startups Vietnam. “Vietnam is fast becoming an attractive destination for local and international venture capital funds, who are hoping to capture the growing consumer opportunities and leverage the Vietnamese entrepreneurial spirit.” Rising appetite Vietnam’s startup sector is growing at a rapid clip despite the global economic slump and is closing the gap with regional leaders. In only two years, it has made a big leap … [Read more...] about Startups catching the eye
Auto support industries falling short
The positive results posted by Vietnamese manufacturers in support industries over the last 20 years have come mostly on the back of the development of the local motorcycle industry. Despite the government’s policies to limit the number of vehicles on Vietnam’s streets, there have been many opportunities in place for manufacturers to grow, according to Ms. Truong Thi Chi Binh, Vice Chairwoman and Secretary General of the Vietnam Association of Supporting Industries (VASI). “They are willing to be involved further in automobile support industries once volumes in the industry are sufficiently large, along with government support in terms of policies,” she said. Bright side The Export Mechanical Tool JSC (EMC), the Nhat Quang Steel Limited Company, and the Manh Quang Mechanics Co. - three of VASI’s 224 members - have posted good results from the flourishing motorcycle market. Reaching 3.38 million local and imported vehicles in 2018, Vietnam stood behind … [Read more...] about Auto support industries falling short
Southeast Asia’s GDP growth likely to remain at 4.5 pct in 2020
Illustrative image (Photo: businesstimes) Singapore (VNA) – Southeast Asia’s GDP growth is likely to remain at 4.5 percent in 2020, amid high risks of a re-escalation in trade tensions between the US and China, according to the latest report produced by the British advisory firm Oxford Economics. Friction between the two countries remains high and the bulk of imposed tariffs are unlikely to be lifted anytime soon, said Sian Fenner, Oxford Economics lead Asia economist. The region has recorded sluggish performance in the third quarter of 2019, with its GDP growth rising only 4.5 percent year-on-year. Export-oriented economies have suffered the worst blow from the ongoing trade conflict, with Singapore only narrowly avoiding a technical recession in the third quarter of 2019. Due to the US-China trade war, trade uncertainty remains a key drag on manufacturing, exports and investment. The report expects the Philippines, Malaysia and Indonesia … [Read more...] about Southeast Asia’s GDP growth likely to remain at 4.5 pct in 2020
Vietnamese women’s team qualify for volleyball finals at SEA Games
Vietnamese women’s team qualify for volleyball finals at SEA Games (Photo: Phuong Nghi/Thanh Nien) During the team’s first round match against host nation the Philippines, the Vietnamese team enjoyed a 3-2 victory after five sets played. Following this, the team won their second round match against Indonesia on December 5. Despite the Vietnamese women’s team twice falling behind, they eventually fought back to record a 3-2 victory over their rivals. Following two strong victories, Vietnam have booked their ticket into the final of the competition. The team will face off against Thailand in their last match of the qualifying round on December 7, before playing each other again in the final round on December 9. … [Read more...] about Vietnamese women’s team qualify for volleyball finals at SEA Games
