Vietnam’s decade high growth in the first quarter is forecast to slow during the rest of the year, a parliamentary meeting heard on Monday. The country’s gross domestic product (GDP) grew 7.38 percent in the first three months thanks to strong performance in three key economic sectors, agriculture, industry-construction and processing-manufacturing, said deputy prime minister Truong Hoa Binh at the opening meeting of the 14th National Assembly, the highest legislative body in Vietnam. However, the deputy PM pointed out that GDP growth is unlikely to maintain its momentum for the rest of the year and slow down instead due to lack of any breakthrough factors compared to last year. In 2017, Vietnam’s economy expanded rapidly due to strong exports driven by South Korea’s electronics giant Samsung and Taiwanese steel firm Formosa. The deputy PM expects this year’s main driver of growth to be processing-manufacturing, the most likely sector to see any … [Read more...] about Vietnam’s GDP growth to slow after record performance in Q1: Deputy PM
The 2018 Green Consumption Campaign kicked off
More than 1,000 young volunteers participated in the launching ceremony of the event which is co-orgainzed by the Sai Gon Giai Phong Newspaper and Saigon Union of Trading Co-operatives. Started in 2010, the campaign becomes an annual event that is regaded as the country’s largest movements aiming at establishing consumption habits of consumers to benefit the environment. The campaign has attracted over 50,000 volunteers and more than 4 million residents pledging to use green products. said Sai Gon Giai Phong Deputy Editor-in-Chief Ly Viet Trung at the launching ceremony. The Co.opmart supermarket chain will offer 4,000 coupons to encourage consumers to use green products and use eco-friendly bags. By MINH XUAN, PHUC ANH – Translated by Kim Khanh Tags: Green Consumption Campaign eco-friendly products … [Read more...] about The 2018 Green Consumption Campaign kicked off
Vietnamese 50 First Dates kicks off
Director Nguyễn Quang Dũng (right) works with his actresses in South Korean remake Sunny. — Photo vnexpress.netViet Nam News HÀ NỘI — Casting for director Nguyễn Quang Dũng’s remake of the Hollywood rom-com 50 First Dates began on Monday in HCM City. Directed by Peter Segal, the film’s turnover hit US$196.3 million from the American box office and international box office. 50 First Dates is a love story between Henry a veterinarian and Lucy, an artist who suffers short-term memory loss. The Vietnamese version will be set in a coastal resort where the male leader works, with the female lead a primary school teacher. Casting will be held from May 21 to 31. This is the first time a Hollywood film is being remade in Việt Nam as co-operation between Vietnamese Galaxy M&E Studio and Sony Pictures Studio. The film is set for release in 2019. “I’m interested in this project because of the interesting script and … [Read more...] about Vietnamese 50 First Dates kicks off
Việt Nam team ranks third in Asia Informatics Olympiad 2018
Students join an informatics lesson in Hà Nội. Việt Nam has achieved good results at the Asia Informatics Olympiad 2018. — VNA/VNS Photo Viet Nam News HÀ NỘI — With one gold medal, four silver medals and two bronze medals, Việt Nam finished third out of 31 countries and territories in the Asia Informatics Olympiad 2018. The result, an unofficial ranking based on the number of medals, was released on May 20, with China first and Russia second. Phạm Đức Thắng, from the High School for Gifted Students under the Hà Nội National University, won the gold medal. Hoàng Xuân Nhật, from the High School for Gifted Students under the HCM City National University, Nguyễn Khánh, from the High School for Gifted Students under the Hà Nội National University, Trịnh Hữu Gia Phúc, from the Lam Sơn High School for Gifted Students in Thanh Hóa central province … [Read more...] about Việt Nam team ranks third in Asia Informatics Olympiad 2018
Dong Nai draws nearly US$690mn in foreign investment
The southern province of Dong Nai attracted nearly US$690 million in 76 newly licensed and existing foreign-invested projects up to May 17. This marks an increase of 143 per cent against the same period last year, fulfilling nearly 70 per cent of the annual target. Of the amount, over $346 million were poured into 42 new FDI (foreign direct investment) projects and over $343 million into 34 existing ones, according to the provincial Department of Planning and Investment. In May alone, Dong Nai attracted several new major projects, such as the $40-million project of South Korea’s HI-KNIT company at Nhon Trach 6A industrial park, the $33-million project of the Netherlands’ Air Manufacturing Innovation Vietnam at Giang Dien industrial park, the $32-million project of Singapore’s Logistic Property Vietnam at Loc An-Binh Son industrial park and the $29.8-million project of Japan’s Kolmar Vietnam at Long Duc industrial park. Some projects with huge amounts of … [Read more...] about Dong Nai draws nearly US$690mn in foreign investment