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Image : Will Vietnam become an emerging market in three years?

Will Vietnam become an emerging market in three years?

person Orange Themes access_time Nov 20,2016

The Vietnamese stock market has been listed by Morgan Stanley Capital International (MSCI) as a frontier market. Will it be upgraded into an emerging market in three or five years?

Image : US unemployment rate falls to 4.9% on solid job creation

US unemployment rate falls to 4.9% on solid job creation

person Orange Themes access_time Nov 04,2016

The US economy added a solid 161,000 jobs in October while the unemployment rate fell to 4.9 percent, according to Labor Department figures released Friday. In a show of steady momentum in the world's largest economy, the department revised upward

Image : Local airlines plan new services, more seats in peak summer travel season

Local airlines plan new services, more seats in peak summer travel season

person Orange Themes access_time May 31,2017

Bao Moi - Domestic airlines are planning to launch new routes and operate additional flights to meet growing demand during the peak summer travel season.

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Vietnam beats Thailand, Indonesia with big jump in global innovation ranking

access_time Jun 17,2017 chat_bubble_outline 30 views

Vietnam has been named the 47th most innovative economy in the world, its best performance to date, according to this year's Global Innovation Index report.

The country jumped 12 spots compared to last year, thanks to its efforts to improve business environment as well as competitiveness.

Vietnam also ranked first among lower-middle income economies. Among Southeast Asian countries, it overtook Thailand to secure the third place, only behind Singapore and Malaysia.

Knowledge and Technology Outputs, one of the main pillars of the index, was found to be Vietnam's strong point.

The country also performed well in Market Sophistication and in Creative Outputs. However, Vietnam's performance was mediocre in the other pillars that measure institutional framework, human capital, infrastructures and business sophistication.

“New Asian Tigers — such as Indonesia, the Philippines, and Vietnam — are emerging too, and they increasingly join not only Asian high-tech value chains but also other activities such as ICT offshoring. These and other countries in Asia are also active in improving their innovation performance,” the report said.

The report, co-published by the World Intellectual Property Organization, Cornell University and the business school INSEAD, surveys the innovation performance of 127 economies around the world.

Vietnam has been part of the index since its debut in 2007. The country has been climbing up since 2013, after several years of hovering just above the 70th place.

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Global Innovation Index
Report links Honduran govt, industry to activist killings

TEGUCIGALPA, Honduras (AP) — An international watchdog group released a report Tuesday linking top Honduran politicians and members of the business elite to violence against land activists.The report from London-based Global witness, two years in the making, names several dozen Hondurans with ties to the government, military and industry who it says are implicated in attacks on activists and acts of corruption."The beneficiaries of corruption are the political and business elite, who use… chat_bubble_outline Read More...

Economic institute predicts Vietnam's GDP growth at 6.17 pct in Q2

Vietnam’s GDP growth for Q2/2016 is forecast to reach 6.17 percent while inflation is expected to rise 0.73 percent compared to last quarter, according to the Central Institute for Economic Management (CIEM) under the Ministry of Planning and Investment.   Exports in Q2/2016 are set to increase by 8.02 percent year-on-year but the trade balance will experience a $420 million deficit.   CIEM Director Dr. Nguyen Dinh Cung said in order to achieve such growth, regulations on business freedom… chat_bubble_outline Read More...

Yahoo says 1 bln accounts exposed in newly discovered security breach

Yahoo Inc warned on Wednesday that it had uncovered yet another massive cyber attack, saying data from more than 1 billion user accounts was compromised in August 2013, making it the largest breach in history. The number of affected accounts was double the number implicated in a 2014 breach that the internet company disclosed in September and blamed on hackers working on behalf of a government. News of that attack, which affected at least 500 million accounts, prompted Verizon Communication Inc… chat_bubble_outline Read More...

Napoli hosts 25 young migrants at match against Lazio

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Dakota Access Pipeline Protesters to Defy Deadline to Leave After Cheering Army Corps' Decision

Efforts to demonstrate again the construction of the Dakota Access Pipeline were expected to resume today in defiance of an order to evacuate the protest area by the end of the day.The deadline comes a day after the U.S. Army Corps of Engineers announced that it will not approve an easement needed to permit the Dakota Access Pipeline to cross under Lake Oahe in North Dakota, sparking a wave of celebration throughout the protest camp.The announcement Sunday afternoon marked a major victory for… chat_bubble_outline Read More...

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