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Image : Pistorius prosecutor 'the bulldog' resigns

Pistorius prosecutor 'the bulldog' resigns

person Orange Themes access_time Jan 31,2017

Yahoo News South African prosecutor Gerrie Nel, who came to worldwide attention for securing the murder conviction of Olympic sprinter Oscar Pistorius, has resigned, the country's prosecuting authority said on Tuesday. Nel's forensic questioning and

Image : Vietnam's firms hopeful for strong 2017

Vietnam's firms hopeful for strong 2017

person Orange Themes access_time Jan 18,2017

Vietnamnet - Vietnamese firms are mostly optimistic about their business results for 2017, driven by the improved macro-economy coupled with Government efforts to improve the business climate and remove obstacles.

Image : Shiffrin favored for prized World Cup title after Gut crash

Shiffrin favored for prized World Cup title after Gut crash

person Orange Themes access_time Feb 10,2017

Yahoo News ST. MORITZ, Switzerland (AP) — Exiting her home ski world championships in a helicopter airlift after a crash, Lara Gut lost a lot on Friday.

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Vietnam’s economy shows resilience amidst global headwinds

access_time Jan 04,2017 chat_bubble_outline 68 views
Vietnam’s economy shows resilience amidst global headwinds

The article was posted on the East Asia Forum by Suiwah Dean-Leung – Honorary Associate Professor of Economics at the Crawford School of Public Policy, at the Australian National University

It says Vietnam’s GDP growth is projected by the World Bank to be around 6% for 2016 — higher than the large ASEAN economies of Indonesia, Malaysia and Thailand. This growth has been bolstered mainly by robust domestic demand and strong performance in manufacturing exports.

Retail sales rose by 9.5% during the year, indicating a healthy degree of consumer confidence supported by hikes in public sector wages as well as increases in incomes generally. Meanwhile, the purchasing managers’ index rose to 54 in November from 51.7 in October — any number above 50 signals an expansion in manufacturing output

Core inflation is low and headline inflation is at 4.9% on a year-on-year basis for 2016, mainly due to increases in administered prices for education and health.

The Vietnamese dong remained reasonably steady against the US dollar for much of the year, and foreign reserves rose steadily, according to the article.

However, cutbacks in oil production, weak external demand and falls in agricultural output due to drought have prevented economic growth from reaching the government’s earlier target of 6.5 to 6.8% for 2016.

Dean-Leung wrote that Vietnam’s economic outlook is mixed, as rising global economic uncertainty challenges Hanoi’s commitment to necessary medium-term structural reforms.

For the time being, Vietnam is maintaining macroeconomic stability as it will certainly face significant challenges such as increased uncertainties over international trade and investment, especially given the moribund status of trade agreements like the Trans-Pacific Partnership, the professor added.

Is a high localization ratio reasonable for Vietnam’s auto industry?

Despite failure in developing an auto industry in the last two decades, Vietnam still dreams of building an industry of its own. However, If new policies benefit importers, automobile joint ventures would shift to focus on sales instead of manufacturing. Analyst have warned about the risks in opening the Vietnamese market for CBU (complete built unit) imports from SE Asia from 2018. With a zero percent tax rate, CBU cars from Thailand and Indonesia are expected to dislodge domestically… chat_bubble_outline Read More...

Comprehensive inspection on treatment, medicine to be conducted

Health ministry's chief inspector Dang Van Chinh yesterday said that a thorough inspection on hospital fee, treatment services as per patients' order will be performed in some big hospitals. As planned, inspectors will visit the National Odonto-Maxiallo-Facial Hospital, Eye Hospital in Hanoi and Vietnam-Thuy Dien (Vietnam-Sweden) in the central province of Quang Ninh. Moreover, inspectors will check the financial, budget execution and corruption prevention in medicine, material and… chat_bubble_outline Read More...

Chinese swimmer banned two years for doping

Beijing (AFP) - Chinese swimmer Chen Xinyi has been banned from competition for two years, the swimming federation FINA announced, after she failed a doping test at the Rio Olympics.The 18-year-old tested positive for hydrochlorothiazide, a diuretic, on August 8, the same day she took part in the women's 100m butterfly final, finishing fourth.She is banned from competing for two years, from August 11 this year to August 10, 2018, FINA said in an announcement Saturday.Diuretics increase… chat_bubble_outline Read More...

Vietlott faces backlash from struggling rivals

The Ministry of Finance has just asked the Vietnam Lottery Company to tighten their lottery sale activities after complaints from many traditional lottery companies in the southern region. Nguyen Hoang Duong, deputy head of the Department of Banking and Financial Institutions under the Finance Ministry, told the Vietnamnet Newspaper on November 14 that he had received complaints from the Southern Construction Lottery Council attacking Vietlott."After receiving the complaints, we've asked… chat_bubble_outline Read More...

Infant saved after mother’s cardiac arrest

Associate Professor Ta Manh Cuong, deputy head of the National Heart Institute. (Photo Hanoi (VNA) - Doctors from two Hanoi-based hospitals have successfully saved the life of an infant born to a mother suffering a sudden cardiac arrest in surgery that was calculated by the second. Associate Professor Ta Manh Cuong, Deputy Head of the National Heart Institute, told the media on August 16 that the surgery - the first ever of its kind at the National Heart Institute, took place a week… chat_bubble_outline Read More...

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