This is the highest February CPI growth recorded in the last eight years. However, the index in the first two months decreased 0.14% year-on-year. Compared to the previous month, an upturn was seen in the prices of ten out of 11 main groups of goods and services, with housing and construction materials taking the lead (4%). It was followed by food and catering services (1.61%); transport (1.55%); drinking and tobacco (0.9%); garment and textile, headwear and footwear (0.25%). The price of education services remained stable compared to the previous month. The GSO’s Price Statistics Department explained that the CPI in February saw a strong rise due to the higher demand for food and foodstuffs for the Lunar New Year (Tet) festival. The prices of medicine and medical supplies in January-February increased by 0.88% compared to the same period last year, the price of gas in the month climbed 3.05% year-on-year. There were a number of reasons for the decrease in CPI in the last … [Read more...] about CPI in February highest in 8 years
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Leaving big cities: A transitory fad or a consistent trend? By Nguyen Minh Hoa Living closer to nature or in the countryside is now a way of life - PHOTO: THANH HOA Titles such as “Farewell to Moscow,” “Departing Seoul,” or “Goodbye Kuala Lumpur” have made the headlines in the international press these days, suggesting a phenomenon in which many people left metropolises for the countryside. In Vietnam, a similar fact has also happened when residents departed HCMC and Hanoi to live in rural areas. Most of them did so because of the Covid-19 pandemic. However, will they return to their cities after the pandemic is over? The industrial revolution which broke out in Europe and North America at the beginning of the 17th century also triggered the mass exodus from villages to cities which were huge industrial hubs. Ever since, such a move, be it fast or slow, has never halted. The world is now home to truly “megacities” that may house up to 40% of the national population … [Read more...] about Leaving big cities: A transitory fad or a consistent trend?
“Private” islets on Tri An Lake By Nguyen Vu Moc Thieng Some bungalows on Robincao's islets A Vietnamese singer left the hustle and bustle of urban life to do ecotourism and live in harmony with nature on six islets in Dong Nai Province Farmer and singer Cao Minh several decades ago left his city to reclaim nearly 20 hectares of land in Dong Nai Province’s Vinh Cuu District. Cao Minh soon became a “genuine” farmer, doing all the farm chores by himself, from building houses to driving a bulldozer. However, such a rural lifestyle gradually lost its appeal. Cao Minh wanted to find something new. He later moved to Tri An Lake where he now owns six islets. Calling himself “Robincao,” a new name created by merging Robinson—the main character in a the famous adventure novel “Robinson Crusoe” by England written Daniel Defoe (1660-1731)—with his family name, Cao. Cao Minh’s six islets are four kilometers from the shore. The largest islet covering five hectares is home to … [Read more...] about “Private” islets on Tri An Lake
The 12th National Party Congress determined: “Promoting the development of the defense and security industry for both military and civilian purposes; increasing resources, creating modern material and technical foundations for the development of the People's Army and the People's Public Security Forces, meeting the requirements of protecting the Fatherland in the new situation.” While inheriting that point of view, the political draft report at the 13th National Party Congress also gives new points: “Building and developing a modern dual-use defense and security industry, both satisfying the requirements of the task of protecting the Fatherland and making an important contribution to national socio-economic development.” To clarify the new points in the political report at the 13th National Party Congress, reporters of the People's Army Online Newspaper had an interview with Major General Hoang Son, Secretary of the Party Committee and Deputy General Director of Military Industry - … [Read more...] about Viettel on the way to becoming a world leading defense industry group