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Image : Farmers' party scores surprise win in Lithuania vote: election official

Farmers' party scores surprise win in Lithuania vote: election official

person Orange Themes access_time Oct 24,2016

Vilnius (AFP) - A Lithuanian farmers' party that previously held only a single seat in parliament scored a surprise victory in Sunday's general election run-off, ousting the governing leftists and trouncing conservative rivals.

Image : Hike in food prices mainly accounts for November’s CPI surge

Hike in food prices mainly accounts for November’s CPI surge

person Orange Themes access_time Nov 28,2016

NDO—The Consumer Price Index (CPI) in November rose by 0.48% compared to October, 4.52% over the same period of last year and 4.5% against last December, the General Statistics Office (GSO) announced on November 28.

Image : When will Vietnamese entrepreneurs go global?

When will Vietnamese entrepreneurs go global?

person Orange Themes access_time Mar 13,2017

Vietnamnet - It will take another five to 15 years for Vietnamese entrepreneurs can become global business leaders, according to a study by the Human Capital Leadership Institute.

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World Bank: Vietnam’s mid-term outlook favourable

access_time Dec 06,2016 chat_bubble_outline 86 views
Vietnam’s medium-term outlook remains favourable with GDP expected to expand by 6 percent this year, according to the World Bank (WB)’s Taking Stock report.

World Bank: Vietnam’s mid-term outlook favourable

An electronic device production factory

The WB said, despite a fragile global environment, Vietnam’s economy remains resilient, thanks to robust domestic demand and export-oriented manufacturing.
The report, a biannual review of the country’s economic performance, found that Vietnam’s growth slowed to 5.9 percent during the first three quarters of the year, mainly because of a severe drought that has reduced agricultural output, cut down on oil production and slowed external demand. 
The fundamental drivers of growth – resilient domestic demand and export oriented manufacturing – remain in force.  
Vietnam’s growth was accompanied by low inflation and widening current account surplus. And despite price hikes for health and education services, core inflation remains low and headline inflation is expected to stay below the official target of 5 percent.
“Vietnam’s macroeconomic stability creates a favorable environment for policy makers to accelerate structural reforms, which is crucial as the country moves toward a more productivity-led growth model,” said WB Country Director for Vietnam Ousmane Dione. 
“The adoption of the 2016-2020 economic restructuring plan by National Assembly in November, for instance, would address some of the emerging obstacles to growth in the economy,” he added.- VNA

American Airlines to trim some flights in Philadelphia

PHILADELPHIA (AP) -- Philadelphia International Airport's largest airline will reduce its waves of flight arrivals and departures from eight to six.The Philadelphia Inquirer reports ( ) by collapsing eight banks to six, American Airlines will operate 30 to 40 fewer flights a day in January than a year ago. The airline says the move is designed to improve efficiency and boost profits.The earliest flights will leave the airport at about 8 a.m. instead of 7:30 and the last… chat_bubble_outline Read More...

Vietnamese productivity falls short of regional counterparts

Despite Vietnam's increasing productivity, it is still not enough for Vietnam to compete with larger Asian countries.  Labor productivity is a marcoeconomic indicator, calculating the efficiency of the labor force. Labor productivity is one of the most important objectives to assess a country's competitiveness, especially in the recent context of globalization. Increasing labor productivity helps boost socio-economic development. To compare labor productivity among countries, GDP by Power… chat_bubble_outline Read More...

Manchester United were denied a deserved win after Olivier Giroud's late ...

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HCM City metro projects short on capital

The two urban railway projects Ben Thanh-Suoi Tien and Ben Thanh-Tham Luong, which were in the portfolio of important projects receiving  national budget funding of at least VND10 trillion ($438 million) each, are confronted with a shortage of capital. Metro line 1 in troubleA shortage of capital is the key problem of both Line 1 (Ben Thanh – Suoi Tien) and Line 2 (Ben Thanh – Tham Luong) urban railway projects. The Ho Chi Minh City People’s Committee is the developer responsible for the two… chat_bubble_outline Read More...

Re-energised Scott Brown back in Scotland squad

Glasgow (AFP) - Scott Brown, who "retired" from international football in the summer, deserves his recall to the Scotland squad for the World Cup qualifier against fierce rivals England, manager Gordon Strachan said Wednesday.The 31-year-old Celtic skipper, capped 50 times for Scotland since his debut in 2005, announced he was quitting international duty three months ago so he could prolong his career with his club.But the feisty midfielder had a change of heart last month and Strachan -- who… chat_bubble_outline Read More...

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