Latest blog articles
Vietnam is backsliding, now among least competitive economies in Asia Pacific
After an impressive leap last year, Vietnam has lost its momentum and dropped to number 60 in the important Global Competitiveness Index, behind most regional economies.
According to a new report released by the World Economic Forum, Vietnam is now ranked behind Singapore (2), Malaysia (25), Thailand (34), Indonesia (41) and the Philippines (57).
Last year, the country advanced 12 places to 56th among 138 economies, creating a lot of optimism for its transition into an efficiency-driven economy.
But in this year's rankings, Vietnam fares poorly in terms of innovation, technological readiness and business sophistication.
The new report has also named the most problematic factors for doing business in Vietnam. At the top are inadequacy educated workforce, policy instability and tax regulations.
According to the World Economic Forum, the new competitiveness report comes out in the context of persistent slow growth and uncertainty, fueled by continued geopolitical turmoil, financial market fragility and sustained high debt levels in emerging markets.After one year, there is no change in the top three positions, which continue to be held by Switzerland, Singapore and the U.S.
Unity pleas as Spain's divided Podemos holds congress
Madrid (AFP) - Shouting "yes we can" and "unity", thousands of Podemos supporters gathered Saturday at a meeting in Madrid that could eventually unseat the charismatic leader of one of Europe's leading far-left parties, now deeply divided.Born in 2014 out of the Indignados anti-austerity protest movement that swept Spain during a severe economic crisis, the party, an ally of Greece's Syriza, has found itself riven by in-fighting after a meteoric rise to national-level politics.But on Saturday… chat_bubble_outline Read More...
Tourist rescued after falling off Yen Tu Mountain
Tran Quang Dac, 29, was rescued after falling off a cliff at the Yen Tu Mount on September 3. Photo credit: Quang Ninh Online A 29-year-old man was discharged from hospital Sunday after being treated for minor injuries he suffered while falling down the side of Yen Tu Mountain in northern Vietnam the previous day. Tran Quang Dac was visiting the popular tourist destination in Quang Ninh Province when he crossed a fence to urinate at around 8 p.m. and tumbled down a cliff. He regained… chat_bubble_outline Read More...
Palestinian tries to stab Israeli police, shot dead: Israel
Jerusalem (AFP) - An 18-year-old Palestinian threatened Israeli border police with a knife at a flashpoint junction in the occupied West Bank on Thursday and was shot dead, Israeli authorities said.The incident occurred at the Tapuah junction near the northern West Bank city of Nablus, where a number of attacks have taken place in recent months, police said.Police said: "A suspect approached border police suspiciously."The border police called upon him to identify himself," spokesman Micky… chat_bubble_outline Read More...
Brazil's new coach: Bring on Germany, Italy and Spain
RIO DE JANEIRO (AP) — Brazil's new coach is tearing up South American World Cup qualifying. In six matches in charge, Adenor Leonardo Bacchi — known universally as Tite (pronounced Chi-Chi) — has won all six.Now he's offering to challenge Europe's best, including defending champion Germany, as the five-time World Cup winners prepare for the 2018 World Cup in Russia, where they are likely to be among the favorites."Let's play against Italy away," Tite said Monday in a 35-minute interview with… chat_bubble_outline Read More...
Ananya Vinay wins the 2017 US Scripps National Spelling Bee
Ananya Vinay of Fresno, California won the Scripps National Spelling Bee on Thursday, taking home a $40,000 cash prize after 12 hours of picking her way along a precarious lifeline of consonants and vowels. Vinay, 12, correctly spelled the word marocain, a dress fabric made of warp of silk or rayon and a filling of other yarns, to win the spelling bee held at the Gaylord National Resort and Convention Center in suburban Washington. She said she felt "amazing" after defeating Rohan Rajeev, 14,… chat_bubble_outline Read More...