Sustainable investment and smart cities As one of the most dynamic cities in Vietnam with remarkable growth and a hotspot for foreign investment, Da Nang was chosen the first destination for the Dutch Days with the theme “Sustainable investment and smart cities”. The event began on May 25th with an official meeting between Consul General of the Netherlands to Ho Chi Minh city Mr Carel Richter and Vice Chairman of Da Nang People’s Committee Ho Ky Minh. During the meeting, the Dutch official expressed his admiration for Da Nang not only for its vibrant development, but also for the city’s efforts and future plan in accomplishing environmental sustainability. Mr Carel Richter spoke at the interactive seminar He also informed Minh about the performance of Dutch companies in Vietnam. Dutch businesses take sustainability and Corporate Social Responsibilities (CSR) seriously. Many companies take CSR even further and develop circular business models to reduce … [Read more...] about Netherlands works with Da Nang toward sustainable development
Watch paragliders spread wings above sun-kissed rice terraces in Vietnam
By Phan Anh  May 26, 2018 | 03:59 pm GMT+7 Mu Cang Chai got to boast its majestic splendor through a series of aerial photos. A paragliding festival in the mountainous district of Mu Cang Chai in the northern Yen Bai Province saw 70 local and foreign pilots taking to the sky last week. The event was held by Yen Bai's tourism department and VietWings Hanoi Paragliding Club. Sunlight touches down on Mu Cang Chai's terrace rice fields, one of most magnificient attractions in Vietnam. Mu Cang Chai was named one of the 19 most picturesque peaks on Earth last year by U.S. travel site Insider, which called it “a hidden gem” where the “terraced rice fields are a shade of green so deep you’ll feel like you’ve stepped into a painting.” Participants gather before the flight. Counting down. Taking off. Looking down. Landing. A full view of Mu Cang Chai. People from the H’Mong ethnic group started carving rice terraces into the … [Read more...] about Watch paragliders spread wings above sun-kissed rice terraces in Vietnam
Vietnam needs more ADB funding for private sector
Deputy governor of the State Bank of Vietnam Dao Minh Tu (Source: VNA) - Vietnam is persuading international financial institutions, including the Asian Development Bank (ADB), to expand their funding for the local private sector and reduce government guarantees for those activities, since Vietnam is among the countries that will stop being funded by ADB in 2019 due to becoming a middle-income economy. Deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu speaks to Vietnam News Agency's English-language newspaper Viet Nam News about these issues on the sideline of the recent ADB 51st Annual Meeting in Manila, the Philippines. Question: What has Vietnam achieved in the ADB’s 51th Annual Meeting? Answer: The meeting aimed to strengthen the bond between member countries and expand ADB’s main activities in the context of global financial volatility and various changes in economies’ trade policies. On behalf of the Vietnamese Government, we were able to … [Read more...] about Vietnam needs more ADB funding for private sector
NA scrutinise reports on socio-economic performance
An overview of the National Assembly(Photo: VNA) Hanoi, (VNA) – Lawmakers spent the entire May 25 and the morning of May 26 to scrutinise the Government’s reports on socio-economic and State budget performance in 2017 and the first months of 2018 during the on-going 5th session of the 14th National Assembly. The NA deputies shared the assessment that the economic panorama in 2017 and early 2018 is bright with impressive indicators, including a GDP growth of 6.81 percent and 12 out of 13 socio-economic targets met or surpassed. The GDP continued to maintain a high growth rate in the first quarter this year with a decade-high of 7.38 percent. They also took note of the stable expansion industrial production and good growth in the indicators on finance, monetary, development investment, services, tourism and import-export. Many deputies hailed the Government’s efforts that helped raise the country’s position in world rankings on business environment, … [Read more...] about NA scrutinise reports on socio-economic performance
Australian Governor-General wraps up State visit to Vietnam
Australian Governor-General Peter Cosgrove pays a state visit to Vietnam from May 23-26 at the invitation of President Tran Dai Quang. (Photo: VNA) Hanoi (VNA) - Australian Governor-General Peter Cosgrove and his spouse left Ho Chi Minh City on May 26, concluding a State visit to Vietnam from May 23-26 at the invitation of President Tran Dai Quang. During his stay, the Governor-General had talks with President Tran Dai Quang, and meetings with Party General Secretary Nguyen Phu Trong, Prime Minister Nguyen Xuan Phuc, Chairwoman of the National Assembly Nguyen Thi Kim Ngan and Chairman of Ho Chi Minh City People’s Committee Nguyen Thanh Phong. He visited the level-2 field hospital No. 1, based at the Military Hospital 175 in Ho Chi Minh City. At the meetings, both sides expressed their delight over the sound and effective development of the bilateral ties. They agreed to continue with activities to mark the 45th anniversary of the diplomatic ties and raise two … [Read more...] about Australian Governor-General wraps up State visit to Vietnam