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Image : Cai Rang Floating – A must-see place in Mekong Delta

Cai Rang Floating – A must-see place in Mekong Delta

person Orange Themes access_time Jan 31,2017

EN VietNamNet - The Cai Rang Floating Market, a national intangible cultural heritage site, is on the 185-kilometre Hau River, a tributary of the Mekong River.

Image : Child of 'Britain's Schindler' appeals for help for refugees

Child of 'Britain's Schindler' appeals for help for refugees

person Orange Themes access_time Oct 29,2016

LONDON (AP) — The daughter of a stockbroker nicknamed 'Britain's Schindler' for saving Jewish children from the Nazis is appealing for today's child refugees to be treated with similar compassion.

Image : Dortmund claims 3 points against Sporting

Dortmund claims 3 points against Sporting

person Orange Themes access_time Oct 19,2016

LISBON, Portugal (AP) — Pierre-Emerick Aubameyang and Julian Weigl scored in the first half to lead Borussia Dortmund to a 2-1 win over Sporting Lisbon in their Champions League match on Tuesday.

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Ho Chi Minh City's economic growth to slow this year

access_time Sep 27,2016 chat_bubble_outline 119 views
Ho Chi Minh City's economic growth to slow this year
Ho Chi Minh City is planning a more service-based economy in the next five years. Photo by AFP

The economy of Ho Chi Minh City is well on track to expand 7.6 percent in the first nine months and 8 percent by the end of the year, officials have said.

That would be the lowest annual growth rate in the last 6 years, when Ho Chi Minh City's GDP growth rate ranged from 9.2 percent in 2012 to 11.8 percent in 2010. Last year the rate was 9.85.

Vietnam's economy as a whole is estimated to grow 6 percent this year, down from 6.68 percent in 2015. It is cooling down due to a decline in agriculture, as a historic drought has hurt rice and coffee production.

Ho Chi Minh City is shifting its economic focus to the service sector, which is expected to contribute 60 percent to the GDP by 2020.

Nearly 26,000 new companies with a total capital of more than VND212 trillion ($9.5 billion) were launched in the first nine months, accounting for a third of all new entries nationwide.

The city since 2014 has also carried out an ambitious plan to reduce the number of state-owned companies sharply from more than 100 to only seven by the end of 2018. It has succesfully privatized, shut down and merged around 40.

BUSINESS IN BRIEF 20/4

Japan’s Transcosmos, Can Tho city seek e-commerce partnership The People’s Committee of the Mekong delta city of Can Tho had a working session on April 18 with a delegation from Japan’s Transcosmos group on a plan to cooperate and invest in e-commerce. Komura Yohei, Director General of Transcosmos-Vietnam said the group started its Vietnam operation in July 2014 and set up representative offices in Hanoi and Ho Chi Minh City. Setting its foot in Can Tho will help the group expand its… chat_bubble_outline Read More...

Atletico Nacional ask for Chapecoense to be declared Copa Sudamericana ...

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Polish lawmakers block session over media rules,

WARSAW, Poland (AP) — Thousands of Warsaw residents joined in a spontaneous protest in front of Poland's parliament building Friday against a plan by the ruling party to limit reporters' access to legislators.Earlier Friday, inside the parliament's session hall, a large group of liberal opposition lawmakers protested the new media rules by standing on and around the speaker's podium for several hours. They blocked a vote on the 2017 state budget.The crowd waved white-and-red national flags and… chat_bubble_outline Read More...

How does Brexit impact VN?

VietNamNet Bridge – Britain’s exit from the EU should make ASEAN members think about the ramifications of the free movement of skilled workers, a senior economist has said. Vietnamese workers are mostly untrained and that will cause difficulty as the AEC comes into effect. – Photo thoibaonganhang.vn Speaking at a seminar on Wednesday titled “Brexit and the ASEAN Economic Community from the Perspective of Integration”, Truong Dinh Tuyen, also a former industry and trade minister, said because… chat_bubble_outline Read More...

Vietnam sends homeless man back to Russia after months of support

Oleg Kuznetsov , 45, has been flown back to Russia after six months at Khanh Hoa Social Center. Photo by VnExpress/Xuan Ngoc A homeless Russian man who lived on the streets in Khanh Hoa Province for years was flown back to Russia on Tuesday. The province’s foreign affairs department said Oleg Kuznetsov, 45, "will receive support from Russian government agencies when he arrives in his home country." According to official sources, he came to Vietnam with his family in 2012 after his mother… chat_bubble_outline Read More...

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