However, tough challenges are ahead for the city’s industry and trade sector. They come from the curtailment of industrial production as most of the large production facilities move out of the central city, and limited investment in high-tech industry and weak development of supporting industry. Besides, attracting investments in local industrial parks is not an easy task since industrial land leasing costs in Hanoi are higher than those in localities in the vicinity such as Ha Nam, Hoa Binh and Hung Yen. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20
Is it safe to travel to vietnam
Vietnamese fishing boat hit by Chinese vessel in Vietnam’s waters
Tuan’s ship and its eight-man crew returned safely to Sa Ky Sea Port in the central province of Quang Ngai on Saturday, and the incident has been reported in full to the Border Defense Force of the province’s Tinh Ky Commune as well as provincial police. … [Read more...] about Vietnamese fishing boat hit by Chinese vessel in Vietnam’s waters
Vietnam one of fastest growing economies amid pandemic: WB
After the State Bank of Vietnam cut policy interest rates in October 2020 in an effort to ease the cost of credit, credit growth picked up from 9.6% in October to 10.5% in November and 10.1% in December. Since this rate was higher than the nominal gross domestic product growth, the credit/GDP ratio had increased from some 136% in 2019 to over 143% in 2020. … [Read more...] about Vietnam one of fastest growing economies amid pandemic: WB
People urged to continue pandemic prevention to ensure peaceful Tet
Hanoi (VNA) - The COVID-19 pandemic has been well controlled in Vietnam, but risks of an outbreak are still present, especially with the Tet (Lunar New Year) holiday approaching, leading experts to warn that people need to strictly abide by preventive regulations. Associate professor Tran Dac Phu, senior advisor to the Vietnam Emergency Operations Centre, told Ha Noi Moi (New Hanoi) newspaper that the current risk of infection was mainly due to a lack of strict control of entry and lax quarantining. Each ministry, branch and locality must continue to seriously implement pandemic prevention and control measures, he said, adding that along with the strict control and prevention of illegal entry, local authorities and police need to closely monitor border areas, especially land borders. Along calling on provincial and municipal health departments to strictly implement COVID-19 pandemic prevention and control measures, Minister of Health Nguyen Thanh Long urged … [Read more...] about People urged to continue pandemic prevention to ensure peaceful Tet
First Party Congress: Unifying revolutionary movements
President Ho Chi Minh meets with the Party Central Standing Committee to decide to open the Border Campaign (September 16-17, 1950). This is the first campaign in which the Viet Minh troops actively attack the French, making a massive change on the battlefield. This campaign is of great significance, considered as the turning point of the war. (Photo: Document/ VNA Archives) … [Read more...] about First Party Congress: Unifying revolutionary movements