NA 5th session: Question time said to be productive
NA 5th session: Question time said to be productiveThe National Assembly completed the three-day question period in the afternoon of June 6, which many NA deputies and voters assessed as productive thanks to changes in the rules for question-&-answer. The National Assembly completed the three-day question period in the afternoon of June 6. The Q&A sessions focused on four main groups of issues of great concern of voters and people nationwide. The Minister of Education and Training answered questions mainly on how to improve quality of general and higher education, the management of preschool education, especially private kindergartens. They said the change facilitated dialogue and face-to-face debate, allowed more deputies to raise their opinions while preventing overlapping questions.
Source:VietNamNet News
June 07, 2018 03:11 UTC
Vietnam's GDP to grow by 6.6 percent in 2018: ICAEW
Vietnam's GDP to grow by 6.6 percent in 2018: ICAEWVietnam’s gross domestic product (GDP) is expected to grow 6.6 percent in 2018, down slightly from 6.8 percent last year. In Vietnam, economic growth eased back in the first quarter, to 7.4 percent year-on-year, following a stellar end to last year. In July last year, the central bank lowered its rediscount and refinancing rate to 4.25 percent and 6.25 percent respectively. In this event policy makers will either need to accept lower growth rates or take a chance on inflation. ICAEW forecast moderate easing in Southeast Asia’s GDP growth to 4.9 percent in 2018.
Source:VietNamNet News
June 07, 2018 03:11 UTC
Why we're still into Sex and the City
Why we're still into Sex and the City - 20 years onFile photoIt's been exactly 20 years since Sex and the City, with its infuriatingly catchy theme tune and THAT tutu in the opening credits, burst onto TV screens. Those outfitsThe Sex and the City outfits are so iconic they're practically another character in their own right. Today's TVWithout Sex and the City, we might never have had several other shows which were inspired by the hit series. The concept came from Lauren Garroni and Chelsea Fairless, the creators of Every Outfit on Sex and the City, mentioned above. When the first spin-off film premiered back in 2008, hundreds queued from the early hours to greet the Sex and the City stars in London's Leicester Square.
Source:VietNamNet News
June 07, 2018 02:15 UTC
Foreign investment in real estate sector in HCMC spikes after years of dormancy
Foreign investment in real estate sector in HCMC spikes after years of dormancyVietNamNet Bridge - New World, Diamond Plaza and other imposing construction works are considered symbols of a dynamic HCMC. According to the Foreign Investment Agency (FIA), in the first four months of 2018 alone, Vietnam licensed 883 foreign invested projects with total investment capital of $3.55 billion. Of this, $807.5 million worth of capital was registered to develop real estate projects. According to the Foreign Investment Agency (FIA), in the first four months of 2018 alone, Vietnam licensed 883 foreign invested projects with total investment capital of $3.55 billion. Analysts say that Vietnam’s and HCMC’s real estate markets have been developing in a stable way in recent years, especially after the real estate crash in 2007.
Source:VietNamNet News
June 07, 2018 01:30 UTC
Social News 7/6
Of all the cases, two children were diagnosed with the deadly Japanese Encephalitis, a contagious disease carried by mosquitoes. Even while receiving respiratory help and being treated with anti-edema drugs for ten days, the child’s condition remained unstable. The second best prevention is to ensure a clean environment whereby parents frequently sanitise to prevent the growth of harmful bacteria. Of the money, Thanh arrogated 14 billion VND, while Thang pocketed 5 billion VND; Phong, 8 billion VND; and Sinh, 2 billion VND. He asked authorities, religious organisations and local residents to continue working to protect the environment and respond to climate change.
Source:VietNamNet News
June 07, 2018 00:56 UTC
Vietnam can develop blockchain technology: experts
Vietnam can develop blockchain technology: expertsVietNamNet Bridge - Vietnam has great advantages to develop blockchain technology because of its many talented math and science personnel, experts say. Blockchain technology has been utilized in agricultureMitchell Pham, the co-founder of Blockchain Smart Links Swiss and Lina.Review, a blockchain-based ecosystem, said if Vietnam can exploit the young talented workforce, it will become the blockchain supplier to the world. “It is now the time for blockchain to develop strongly all over the world and in Vietnam, where there are young engineers ready to receive blockchain,” he said. In Vietnam, many people misunderstand that blockchain is used only in the finance sector and equate blockchain with cryptocurrency. RELATED NEWSBlockchain heats up Vietnam’s technology circleVietnamese PhD in blockchain technology predicts big year for cryptocurrencyBlockchain becoming more popular in VietnamMai Chi
Source:VietNamNet News
June 07, 2018 00:33 UTC
European football is worth a record £22bn, says Deloitte
It says the European football market is now worth some €25.5bn (£21.9bn). The English Premier League was the market leader, with record revenue of £4.5bn, as each of the 20 clubs set their own annual revenue record. In revenue terms, the Premier League is 86% larger than its nearest competitor, Spain's La Liga. Deloitte said the financial results of the 2016-17 football season reflected a new era of improved profitability and financial stability for European football clubs. "In addition, and for the first time ever, Premier League clubs' revenues have grown at a faster rate than wages over a 10-year period."
Source:VietNamNet News
June 06, 2018 23:37 UTC
BUSINESS IN BRIEF 7/6
Capital shortage hinders social housing projectsThe social housing development program has achieved 30 percent of the goal of the national housing providing strategies because of a capital shortage, said the Ministry of Construction. As per the statistical figure in localities, 206 social housing projects including 168, 700 apartments are sluggish or halted. Investors of some projects asked to transfer social housing to commercial housing projects. To reach the goal of the social housing development plan in 2016-2020 under the national social housing development strategy, by 2020, the country has targeted 12.5 million square meter of social houses. The export turnover of fruits and vegetables has seen impressive growth in recent years, which topped 1 billion USD in 2015 and 2 billion USD in 2016 and hit 3.5 billion USD in 2017.
Source:VietNamNet News
June 06, 2018 12:00 UTC
Robots used to keep motorbikes in HCMC
Robots used to keep motorbikes in HCMCA convenience store of Bach Hoa Xanh Joint Stock Company in HCMC has deployed a model using robots to keep motorcycles on a trial basis for a month. After pushing a motorcycle into the dovetail of the machine to have it locked and take a card, customers can shop comfortably without fear of their bike being stolen. To take the motorbike out, customers need to insert the card in the machine and then the dovetail will open. Such a new model has some disadvantages, since a large space is required for installing a small number of four or five machines only. Such machines will help stores reduce the workforce taking care of motorbikes outsideSGT
Source:VietNamNet News
June 06, 2018 10:41 UTC
Vietnam faces worsening plastic bag pollution
Vietnam faces worsening plastic bag pollutionVietnam is suffering from severe plastic bag pollution, as it is among four Asian countries discarding the largest volume of plastic bags, Tien Phong newspaper reports, citing experts from a seminar on June 4. Experts proposed banning local consumers from using plastic bags or further hiking the environmental protection tax on plastic bags. The country discards more than 30 billion plastic bags per year, as households in Vietnam use four plastic bags per day, on average. Meanwhile, Botswana has prohibited the use of plastic bags thinner than 0.024 millimeter and imposed taxes on thick bags, thus reducing by one half the consumption of plastic bags. China does not allow the use of plastic bags thinner than 0.025 millimeter, and has banned restaurants, supermarkets and retail stores from providing free plastic bags, reducing two-thirds of all plastic bags.
Source:VietNamNet News
June 06, 2018 10:30 UTC
Bảo Việt Securities eyes modest earnings in 2018
HÀ NỘI — Bảo Việt Securities Joint Stock Company (BVSC) targets VNĐ504 billion (US$22.4 million) in total revenue and VNĐ134 billion in post-tax profit for 2018, the company has announced. In 2017, BVSC earned VNĐ483.8 billion in total revenue and VNĐ122.4 billion in post-tax profit, up by 47.8 per cent and 27.1 per cent from 2016. The company exceeded its full-year earnings forecast for 2017 by 49.3 per cent in revenue and 10.7 per cent in post-tax profit. The expected earnings for 2018 are also higher than the previous numbers reported in the local media. The remaining amount of post-tax profit worth VNĐ45 billion will be used to fund the company’s business activities in 2018.
Source:Viet Nam News
June 06, 2018 10:18 UTC
Tour companies need to adapt to cater to millennials: experts
Tour companies need to adapt to cater to millennials: expertsVietNamNet Bridge – With young adults born between 1980 and 1998 now accounting for 38 per cent of Vietnam’s population, their travelling and sightseeing preferences are having an impact on the tourism industry, and many companies are trying to cater to this profitable demographic. As millennials grow in terms of numbers, spending power and desire to travel, the tourism industry is shaping to cater to them. Experts and millennials also said young people are more likely to consult travelling apps such as Trip Advisor and Yelps and their peers rather than more traditional channels. Mauro Gasparotti, director of Savills Hotels Asia Pacific, said Vietnam’s tourism industry has been growing rapidly with more and more hotels and resorts being built. The millennial traveller market is poised to grow rapidly, making it a challenge for companies to adapt their existing accommodation, he said.
Source:VietNamNet News
June 06, 2018 10:07 UTC
Da Nang to host Ironman 70.3 Asia Pacific Championship
Da Nang to host Ironman 70.3 Asia Pacific ChampionshipVietNamNet Bridge – The central city has been selected as a host of the Techcombank Ironman 70.3 Asia Pacific Championship in 2019. A triathlete finishes the Techcombank Ironman 70.3 Viet Nam race in Da Nang. The central city will host the Techcombank Ironman 70.3 Asia Pacific Championship in 2019. At the 2019 Techcombank Ironman 70.3 Asia Pacific Championship, triathletes will battle for 50 qualifying age group slots for the 2019 Ironman 70.3 World Championship in Nice, France later in 2019. A Vietnamese athlete competes in the men’s bike relay of the Techcombank Ironman 70.3 Viet Nam race in Da Nang.
Source:VietNamNet News
June 06, 2018 09:56 UTC
Da Nang listed among top destinations for South Koreans
Da Nang listed among top destinations for South KoreansDanang City has gained the second position among top ten destinations favored by South Korean families and couples, just behind Osaka City in Japan, according to a recent analysis done by the tour operator Ticket Monster Inc.A group of South Koreans pose for photos while going sightseeing in Danang CityThe analysis is based on the number of tours booked in the next two months via the travel agency. Apart from groups of families and couples, South Korean individuals traveling alone prefer to go to the coastal city, followed by Tokyo in Japan, Bangkok in Thailand, the Guam Island in the U.S.South Korean tourists totaled over 500,000 people, which accounted for the largest portion of 1.4 million international arrivals in the city in the five-month period of this year, according to the municipal Tourism Department. Nguyen Ngoc Anh, director of the tourism firm Omega Tours, said that Danang is home to many tourist attractions and lots of beautiful beaches stretching for miles, adding that travel is made easier owing to many air services connecting South Korean cities with the Central coastal city. Therefore, South Korean travel agencies and air carriers have focused on operating and promoting tours to this coastal city. Le Tan Thanh Tung, deputy director of Vitours JS Company, highlight special features of Danang such as a convenient location, modern facilities and full services, which make the city more advantageous than other localities.
Source:VietNamNet News
June 06, 2018 09:56 UTC
Phones and electronics overtake textiles as VN's biggest export earners
Phones and electronics overtake textiles as VN's biggest export earnersMobile phones/phone components, and computers/electronics/accessories have overtaken textiles and garments as the nation’s biggest export earners. Workers make garments at a factory in Vietnam. Exports of the computers/electronics/components group which often came in third in the past few years have leapfrogged the apparel sector, becoming the country’s second biggest export earner. According to the customs, the group’s exports generated a staggering US$10.9 billion in revenue in the first five months, up 14.2% year-on-year. However, this group was mainly dominated by foreign direct investment enterprises such as Samsung.
Source:VietNamNet News
June 06, 2018 09:56 UTC