Since 2000, USAID, through the Bureau for Humanitarian Assistance, has provided more than $26 million in disaster response, preparedness, and risk reduction assistance in Vietnam. Through the Department of Defense, the U.S. Government has also provided more than $28 million since 1998 to train military and civilian emergency responders and develop and equip disaster management centers, maritime response centers, and disaster shelters at the community level. USAID continues to support Vietnam’s disaster relief efforts and plans are underway to provide additional assistance. … [Read more...] about The United States Announces Assistance to Vietnam to Respond to Tropical Storm Linfa
For the first 11 months of this year, exports likely rose 5.3% from a year earlier to $254.59 billion, while imports were up 1.5% to $234.50 billion, resulting in a trade surplus of $20.09 billion. … [Read more...] about Vietnam Nov trade surplus plunges to $600 mln, industrial output rises 9.2%
Tuoi Tre (Youth) newspaper journalists had a chance to go aboard the ship 884 to survey the seabed in preparation for the construction of an aerial electricity grid to connect the mainland with Lai Son Island in the Pirates’ Archipelago in the western sea of Vietnam. … [Read more...] about East Vietnam Sea survey team – P1: Tidal check
“Tourism service quality in Việt Nam had improved in recent years, but it has not yet attained its potential. A series of barriers remain, including traffic, food safety and slow digital transformation, while joint actions among agencies, local authorities, the private sector and State-owned industries in boosting tourism are yet to see rapid change,” Đam said. … [Read more...] about Domestic market to help tourism sector in post-COVID-19-period
To cope with Covid-19, many governments around the world have had to accept economic sacrifices, with a rise in the public debt-to-GDP ratio and budget deficits. The budgets of quite a few governments have fallen into a situation of more spending and less revenue: spending on the health system, cash and credit supports for workers and the business community, plus reductions and deferment of payments of various taxes. In some states with a decent social security system like in Europe, the ratio of public debt to GDP is up to 80-110%, while budget deficits reach 8-9% of GDP. … [Read more...] about Demand stimulus: where to begin?