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Conference discusses economic growth in Vietnam
The discussion brought together authorities, State agencies and businesses from 13 Mekong Delta provinces and cities.
Speakers of the conference, including economic experts and policy-makers, discussed various topics related to small and medium-sized enterprises (SMEs), including the fourth scientific revolution, global market fluctuations in 2017, and new generation free trade agreements.
They fielded questions from participants on preparations for global integration, which could help them reduce risks and consolidate their foothold.
Nguyen Hoang Dung, Research & Development Director at the Ho Chi Minh institute of economics and management, noted that to seize opportunities and overcome challenges created by the implementation of free trade agreements, Vietnam should strive to reach the average level of national competitiveness such as Thailand, Malaysia and Singapore by 2020 and aim to be among the top 30 global competitive economies by 2030.
He listed a number of solutions to realise these goals, including boosting the implementation of the Government’s Resolution No.19 and No.35 on supporting business development, completing the legal framework for trade and business competition, and enhancing the enforcement of business law.
Participants focused their discussion on SMEs-related State policies, capital sources, human resources, and technology, among others.
Trump on Twitter: Ford won't move Lincoln assembly to Mexico
DETROIT (AP) — President-elect Donald Trump took to Twitter Thursday night to announce that Ford Motor Co. won't be moving Lincoln production from Kentucky to Mexico.Bill Ford, the company's executive chairman, telephoned him with the news that a Lincoln plant would stay in Louisville, Trump said in the tweet claiming credit for the decision.Ford doesn't have a plant that exclusively builds Lincolns, but it had planned to move production of the Lincoln MKC small SUV out of the Louisville… chat_bubble_outline Read More...
Tokyo Gas to form LNG joint venture in Vietnam: report
Japan’s Tokyo Gas Company will establish a joint venture with PetroVietnam Gas JSC and others as soon as this month to tap increasing demand for liquefied natural gas in Vietnam, Nikkei Asian Review reported on Saturday. The Japanese firm will invest several hundred million yen (100 million yen = US$994,600) to secure a stake of around 10-20 percent in the joint venture, the news website said. PetroVietnam Gas, a subsidiary of state-run Vietnam Oil and Gas Group, will hold a majority stake.… chat_bubble_outline Read More...
Vietnam should not aim to become industrial power: economist
Vietnam should not continue to try to become an industrial power and instead should shift to developing agriculture and tourism, according to economist Le Xuan Nghia, head of the Business Development Institute (BDI). Mr Le Xuan Nghia Nghia, who was deputy chair of the National Finance Supervision Council, said: “I have little hope that Vietnam would become an industrial power. That seems far-fetched. But it is very likely that Vietnam would become a great power in farm produce, and tourism… chat_bubble_outline Read More...
Romanian leftist chief in the dock again
Bucharest (AFP) - The head of Romania's governing leftist party, who has already been convicted of voter fraud, proclaimed his innocence Tuesday as he went on trial charged with abuse of power."This case is based on false testimonies," Liviu Dragnea from the Social Democrats (PSD) told reporters outside the court in Bucharest, which adjourned the trial until February 14.The new charges against Dragnea, 54, relate to when he was president of Teleorman county council in southern Romania from… chat_bubble_outline Read More...
Encoded Bling: Diamonds Could Store Huge Amounts of Data
Diamonds may decorate some of the most coveted pieces of bling, but these precious stones could have more practical (though admittedly less sparkly) uses one day: The jewels could be used as a way to store vast amounts of data using atom-size flaws ordered in 3D arrays, according to a new study.For decades, artificially grown diamonds, which are as hard as their gem-quality counterparts, have been used in industrial drills and saws and in durable coatings for biomedical implants. [Sinister… chat_bubble_outline Read More...