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Image : Ferocity of Kirkuk attack points to tough fight for Mosul

Ferocity of Kirkuk attack points to tough fight for Mosul

person Orange Themes access_time Oct 24,2016

By Babak Dehghanpisheh and Michael Georgy KIRKUK, Iraq (Reuters) - At least 100 fighters sneaked into Kirkuk in the early hours of Friday with machine guns, rocket propelled grenades, suicide vests and a message: "Islamic State has taken over." The

Image : Ricky Martin Engaged To Artist Jwan Yosef

Ricky Martin Engaged To Artist Jwan Yosef

person Orange Themes access_time Nov 17,2016

Jwan Yosef Ricky Martin Engaged To Artist Jwan Yosef The 44-year-old singer took a break from his “One World” tour Wednesday to share the news on Ellen DeGeneres' talk show. Martin said he recently proposed to conceptual artist Jwan Yosef, whom he

Image : Vietnam’s top ten 2016 exports

Vietnam’s top ten 2016 exports

person Orange Themes access_time Feb 03,2017

Vietnamnet - Viet Nam’s top ten products in terms of 2016 export turnover accounted for 71.8 per cent of total national export value, according to a recently announced statistics report by the General Department of Customs.

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Economists, gov't differ on whether GDP growth rate is attainable

access_time May 18,2017 chat_bubble_outline 20 views

The government still insists on a 6.7 percent GDP growth rate target this year, though economists warn it will be out of reach.

Economists, gov't differ on whether GDP growth rate is attainable

The low GDP growth rate of 5.1 percent in the first quarter of the year, the lowest in three years, has raised doubts about the target. 

The country's most respected economists, including Nguyen Duc Thanh, Vo Tri Thanh and Dinh Tuan Minh, all agree that the 6.7 percent economic growth rate will not be attainable.

Nguyen Duc Thanh, head of the Vietnam Institute for Economic & Policy Research (VEPR), predicted that Vietnam would obtain the GDP growth rate of 6.1 percent this year, or six percentage points lower than the targeted growth rate set by the National Assembly.

At the VEPR economic report ceremony on April 10, Thanh said the growth rate in the second quarter would be better than the first quarter, at 5.7 percent, while 6.5 percent and 6.6 percent growth rates would be seen in the third and fourth quarters, respectively.

The government still insists on a 6.7 percent GDP growth rate target this year, though economists warn it will be out of reach.

MarketIntello, a market survey firm, has lowered the growth rates of the upcoming quarters. Its latest report says Vietnam would obtain the 5.35 percent in the second quarter, 5,8 percent in the third quarter and 6.1 percent for the entire year.

Experts also said that it would be difficult for Vietnam to reach the CPI target of 4% in 2017 set by the National Assembly when the country still faces many macro-economic challenges.

However, amid cautious predictions made by economists, the government still believes that the 6.7 percent GDP growth rate plans is feasible and is a must. The high economic growth rate is the key for the economy to reach sustainable development.

Minister Mai Tien Dung, chair of the Government Office, at the regular government press conference on May 4, spoke for 10 minutes about the targets for the next three quarters and the solutions to turn them into reality. The concise and convincing speech has calmed the public.

“The achievement of the goal will play an important role in helping the economy obtain macroeconomic balance, including securing the state budget, public debt, investment, and import/exports and ensuring people’s jobs and lives,” Dung said.

The government has set new goals for the three upcoming quarters: 6.26 percent growth rate in Q2, 7.29 percent in Q3 and 7.49 percent in Q4, or average growth rate of 7.1 percent in three quarters. 


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NSW batsman becomes 1st concussion sub in cricket

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Trump becomes America's 45th president

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Vietinbank becomes settlement unit in derivatives market

The Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has been made the exclusive financial institution to carry out settlements for derivatives trading transactions. Clients complete their transactions at an office of Vietinbank.  At the co-operation agreement signing ceremony between the bank and Viet Nam Securities Depository on Monday, Vu Bang, chairman of the State Securities Commission, said selecting Vietinbank as the settlement unit for the derivatives market was… chat_bubble_outline Read More...

Just do it: Chinese city tells cadres to set example and have second child

With China facing a demographic crisis of stalling birth rates and a fast-ageing population, one city has taken a novel approach: a direct call to action aimed at young government officials to lead the way and have a second child. The government of Yichang city in central Hubei province posted an open letter calling for young cadres to have more children to stem a slide in birth rates in the city which has started to hit economic growth. China's demographic time-bomb has become increasingly… chat_bubble_outline Read More...

Head of Libya's unity govt to meet rival army chief

Tripoli (AFP) - The head of Libya's unity government and a rival army chief were to meet in Cairo on Tuesday to find a solution to turmoil in the country, a government official said.The UN-backed Government of National Accord has struggled to assert its authority across the North African country since starting work in Tripoli nearly a year ago.GNA head Fayez al-Sarraj and Marshal Khalifa Haftar were due to meet later in the Egyptian capital, the official said, without providing further details… chat_bubble_outline Read More...

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