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- Three-day meeting in Beijing ends with pledges to continue working towards a peaceful solution in the disputed waters
- Talks follow prolonged stand-off in resource-rich waters
China and Vietnam said that they would continue to look for ways to peacefully resolve their conflict over the South China Sea at the end of a three-day meeting to discuss border issues.
A statement from the Chinese foreign ministry on Friday said the vice-ministerial level talks had discussed border cooperation on land and, more sensitively, maritime issues.
Vietnam already supports five operating commercial airlines and a sixth is on the way. That’s because so many of the country’s newly minted middle class is literally going places.
Vietnam’s civil aviation authority estimates air passenger traffic will reach 131 million by 2020 following average growth of 16% last year and this year. By 2030, the authority expects 280 million civilian air trips per year.
“All the airplanes are full. The Hanoi-Ho Chi Minh trip is packed every day,” says Mike Lynch, managing director with SSI Institutional Brokerage in Ho Chi Minh City. “They put up airlines and they just fill right up.” Tiếp tục đọc “Why Vietnam Needs Six Airlines”
The Hanoitimes – Samsung would continue to increase investment in R&D and supporting industries in Vietnam and seeks more support from the Vietnamese government, said Lee Jae-young, vice chairman of Samsung.
Samsung’s US$300- million research and development (R&D) center, scheduled to become operational in 2022 in Hanoi, would employ 3,000 local engin eers, according to Lee Jae-young, vice chairman of Samsung.
|Prime Minister Nguyen Xuan Phuc (r) and Vice Chairman of Samsung Lee Jae-young (l). Source: VGP.|
Samsung is committed to ensuring efficient operation and successes of its production facilities in Vietnam, contributing to the country’s socio-economic development and Vietnam – South Korea relations, Lee said in a meeting with Prime Minister Nguyen Xuan Phuc in Seoul in November 28.
Lee added Samsung would need more hi-tech engineers in the coming time, especially in the production of semi-conductors, smart phones or hi-tech display screens, with high demand and added value. Tiếp tục đọc “Samsung to employ 3,000 local engineers for US$300 million R&D center in Hanoi”
The Hanoitimes – Vietnam’s trade turnover reached US$473.73 billion in the January – November period, of which its exports amounted to US241.42 billion, up 7.8% year-on-year, and imports totaled US$232.31 billion, up 7.4%.
Vietnam reported an estimated trade surplus of US$100 million in November, resulting in a trade surplus of US$9.1 billion in the first eleven months of this year, the General Statistics Office (GSO) has said in a monthly report. Tiếp tục đọc “Vietnam trade surplus expands to US$9.1 billion in Jan-Nov”
The Hanoitimes – Remittance, along with foreign direct and indirect investment and official development assistance, is a major source of Vietnam’s foreign currency supply.
In 2019, in current US dollar terms, Vietnam is projected to be among the 10 largest remittance recipients with an inflow of nearly US$16.7 billion, or 6.4% of its GDP, a slight increase from the US$16 billion received in 2018, according to the World Bank’s latest data.
|Data: World Bank. Chart: Ngoc Thuy (Unit: million USD).|
This would be a third consecutive year that Vietnam continues to remain in the top 10 ranking in terms of remittance, reaching US$13.8 billion in 2017 and US$15.9 billion in 2018, respectively. Tiếp tục đọc “Vietnam remains among top 10 remittance recipients in 2019”
Ho Chi Minh City has green-lighted the construction of a 150-hectare park in District 12 in the northwest.
The multipurpose park, to be situated in Thanh Xuan and Thoi An wards, would increase the total area of parks in the city by a third from the current 491 hectares.
The district will draft detailed construction plans but has released no information yet about the timeline and cost. Tiếp tục đọc “HCMC to get 150-ha public park”
Miền Đông Nam Bộ gồm 6 tỉnh: Tây Ninh, Bình Phước, Sài Gòn, Bình Dương, Đồng Nai, Bà Rịa – Vũng Tàu.
Tây Ninh – Vùng đất nhiều tiềm năng du lịch