World Bank forecasts Việt Nam’s 2019 growth at 6.6 per cent

Update: April, 27/2019 – 08:29 VNA

Việt Nam’s economic growth is projected to moderate to 6.6 per cent in 2019, driven by credit tightening. — VNA/VNS Photo

HÀ NỘI — Việt Nam’s economic growth is projected to moderate to 6.6 per cent in 2019, driven by credit tightening, slower private consumption and weaker external demand, according to the World Bank (WB).

Under the Managing Headwinds report on East Asia and Pacific update released on Wednesday, WB said Việt Nam’s economy continues to show fundamental strength, supported by robust domestic demand and export-oriented manufacturing. Tiếp tục đọc “World Bank forecasts Việt Nam’s 2019 growth at 6.6 per cent”

China’s Xi defends Belt and Road, says ‘not exclusive club’

Update: April, 26/2019 – 11:45  VNA

Chinese President Xi Jinping speaks during the opening ceremony of the Belt and Road Forum in Beijing.  — AFP Photo

BEIJING — Chinese President Xi Jinping sought on Friday to ease growing concerns about his ambitious Belt and Road Initiative, vowing to prevent debt risks and saying his global infrastructure project “is not an exclusive club”.

Xi made his remarks at a summit on his signature foreign policy, which aims to reinvent the ancient Silk Road to connect Asia to Europe and Africa through massive investments in maritime, road and rail projects. Tiếp tục đọc “China’s Xi defends Belt and Road, says ‘not exclusive club’”

Discharged waste continues to mar Han River

Han River in Danang City is being polluted by wastewater from nearby restaurants.

Discharged waste continues to mar Han River
Discharged waste continues to mar Han River

Danang Drainage and Wastewater Treatment Company announced on April 25 that untreated wastewater was still being discharged directly into Han River in Hoa Cuong Bac Ward in Hai Chau District.

Locals are upset with the pollution and have filed a report to the local authorities, however, nothing has been done. Tiếp tục đọc “Discharged waste continues to mar Han River”

Vietnam’s tourism going the wrong way: Tourists prefer green travel, not skyscrapers

More and more international-standard resorts and hotels have arisen in Vietnam, but these facilities are not what foreign travelers want. They visit Vietnam to ‘return to nature’.

Returning to Canada after a trip to Phu Quoc Island in Vietnam in 2005, David Hutt, an Australian businessman, decided to come back to the beautiful island with his family members to enjoy the white sand and blue sea, the palm trees covering part of the beach, and red-earth trails.

Vietnam's tourism going the wrong way: Tourists prefer green travel, not skyscrapers

But he was disappointed when he returned three years ago. The natural beauty no longer existed. What he saw was a large construction site with hundreds of migrant laborers working day and night for a resort project. Tiếp tục đọc “Vietnam’s tourism going the wrong way: Tourists prefer green travel, not skyscrapers”

Foreign tourist arrivals to Vietnam rise 7.6% to nearly 6 million in 4 months

In April alone, Vietnam welcomed nearly 1.5 million foreign visitors, a rise of 9.5% year-on-year.

Number of foreign tourists grows rapidly, but average spending rises slowly

Vietnam aims to lure 18 million foreign tourists in 2019

Tourists expected to flock to Vietnam after DPRK-USA Summit

Foreign tourist arrivals to Vietnam rise 7.6% to nearly 6 million in 4 months

The number of foreign holidaymakers to Vietnam in the first four months of 2019 is estimated at nearly 6 million, a 7.6% increase from the same period last year, Zing reported, citing the Vietnam National Adiministration of Tourism under the Ministry of Culture, Sports and Tourism. Tiếp tục đọc “Foreign tourist arrivals to Vietnam rise 7.6% to nearly 6 million in 4 months”

New work day starts at sea

Visiting the coastal areas of Thai Binh and Nam Dinh provinces in the early morning, it is impressive to learn about the lives of the local fishermen there.

When dawn arrives in Dong Chau lagoon (Tien Hai district Thai Binh), small boats manned by local fishermen appear on the creek, signalling the start of a normal working day, with teenage boys catching crabs and snails and clam farmers rushing to their farms. Tiếp tục đọc “New work day starts at sea”

How will Huawei fare in Vietnam?

Vietnam, listed among the easy-to-conquer markets for Huawei, has also become tougher amid calls for boycott of Huawei all over the world.

Huawei, the biggest telecom equipment supplier in the world, is facing a global crackdown on its telecommunications equipment because of a series of incidents recently, including the Canadian government’s arrest of its Chief Financial Officer and the US ban on Huawei and ZTE equipment.

How will Huawei fare in Vietnam?

Many other countries, responding to US-led calls for boycott Huawei products, have also stated they will reconsider the products of the Chinese manufacturers. Tiếp tục đọc “How will Huawei fare in Vietnam?”

What Is The Difference Between “Gender” And “Sex”?

dictionary.com

When two words have the same meaning, we call them synonyms. When two words have different meanings but people use them interchangeably, we write articles about what those words actually mean.

Take gender and sex. While people substitute one for the other on the regular, their meaning and usage are significantly—and consequentially—different. Because we’re most often talking about human beings when we use these terms, it’s critical we get them straight. Give respect to get respect, right?

What does the word sex mean?

First, let’s talk about sex (baby). Intercourse aside for these purposes, sex is “a label assigned at birth based on the reproductive organs you’re born with.” Tiếp tục đọc “What Is The Difference Between “Gender” And “Sex”?”

Agent Orange: US to clean up toxic Vietnam War air base

The toxic legacy of the Vietnam War

The US has launched a multi-million dollar clean-up operation at an air base in Vietnam it used to store the notorious chemical Agent Orange.

The ten-year programme, unveiled more than four decades after the end of the Vietnam War, will cost $183m (£141m).

The site at Bien Hoa airport, outside Ho Chi Minh City, is considered the most contaminated in the country. Tiếp tục đọc “Agent Orange: US to clean up toxic Vietnam War air base”

Vietnam among top 5 countries importing plastic waste in 2018

Since May 2018, imports of scrap plastic have banned at major ports in Vietnam until further notice. In July 2018, the Vietnamese government announced it will no longer issue new license for plastic waste import.

Tighter control over waste import into Vietnam urged

Illegal waste imports difficult to control, manage: agencies

Environmental officials discuss tightening Gov’t management over plastic waste imports

Vietnam among top 5 countries importing plastic waste in 2018

Imports of plastic scraps coming into Vietnam (in tons), showing the top 10 export partners. Source: Greenpeace/GAIA.

Vietnam was named among the five countries importing the largest amounts of plastic waste in 2018, raking third with 7.6% of total global imports, according to a joint research between Greenpeace East Asia and the Global Alliance for Incinerator Alternatives (GAIA). Tiếp tục đọc “Vietnam among top 5 countries importing plastic waste in 2018”

Barriers need to be removed for private businesses

In Vietnam’s history, whenever the economy develops, it is associated with the development of private businesses, and vice versa. Lawyer Truong Thanh Duc from Basico Law Firm writes for “For a Powerful Vietnam” Forum:

A businessman from Australia complained to me about personal income tax payment procedures. When he declared tax for the first time in Australia, he only needed to read the instructions and then fulfill the declaration immediately. But he could not do it here although he has been living here for years.

Barriers need to be removed for private businesses

As a consultancy lawyer, I usually see similar cases.

I work with laws and I read legal documents every day. I give advice to businesses and I get involved in the compilation of laws. However, I sometimes still find it difficult to interpret legal regulations. Tiếp tục đọc “Barriers need to be removed for private businesses”

China becomes biggest foreign investor in Vietnam

Chinese investment has generated jobs and brought capital, but it may also bring about environmental risks and cause problems in foreign worker management, experts say.

The Q1 report about Vietnam’s macroeconomy released by VEPR (the Vietnam Institute for Economic and Policy Research) shows that implemented FDI capital increased by 7.52 percent compared with the same period last year, while registered FDI capital was $3.82 billion. Additional investment capital increased by $1.3 billion. Tiếp tục đọc “China becomes biggest foreign investor in Vietnam”

Quang Binh says ‘no’ to cable car in heritage sites

The decision by Quang Binh provincial authorities to reject the cable car project at Song Doong Cave has been applauded by the public.

Experts in recent years have repeatedly warned of ‘landscape pollution’ because of mass tourism, saying that bad behavior towards the landscape and heritage sites are harming cultural values, and in the long term, killing the tourism industry.

Quang Binh says ‘no’ to cable car in heritage sites

Nguyen Anh Tuan, director of the Institute for Tourism Research & Development, stressed that natural beauty and landscape values are the most important factors that attract travelers and they need thorough conservation for sustainable tourism development. Tiếp tục đọc “Quang Binh says ‘no’ to cable car in heritage sites”