Cabarrus economic development

At the event Participants focused discussions on a draft action plan on implementing tasks and solutions for socio-economic development and State budget estimates for 2021, and a report on preparations to ensure a happy Lunar New Year (Tet) holiday for all people in the city. … [Read more...] about Hanoi launches socio-economic development tasks for 2021

Hanoi (VNA) – The Central Institute for Economic Management (CIEM) introduced two scenarios for Vietnam’s economic growth 2021 during a seminar held in Hanoi on January 15. The event was co-hosted by the CIEM and the Australia Supports Economic Reform in Vietnam (Aus4Reform). Accordingly, Vietnam could achieve a growth rate of 5.98 percent in the first scenario and 6.46 percent in the second scenario. The average inflation was estimated at 3.51 percent and 3.78 percent, respectively. Export was expected to grow by 4.23 percent in the first scenario and 5.06 percent in the second scenario. Trade surplus was forecast to stand at 5.49 billion USD and 7.24 billion USD, respectively. Nguyen Anh Duong, head of the CIEM's General Research Department, said the forecast is based on several risks in 2021, including COVID-19 vaccine accessibility, uneven economic recovery in partner markets, monetary loosening in several Asian nations and more trade defence … [Read more...] about CIEM issues two scenarios for economic growth for 2021

Insiders said leather-footwear production is mostly limited to Cut, Make, Trim activities, and exports were mostly done via intermediaries rather than directly with importing brands. Companies involved often lack human resources for information updates on markets and customers. Most of them produce goods following orders. Their reliance on imported materials also hinders them from meeting origin rules set by new-generation free trade agreements. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15

An Phu Company which is responsible for the afforestation and forest management project was also shamed after 15.4 cubic metres of timber was found under three holes in their forest areas. The police launched an investigation into deforestation and Lam Dong People's Committee fined the company VND251m (USD10,800) for illegally building 14 houses and illegally converting 28ha of forest land for other usage. … [Read more...] about VIETNAM NEWS JANUARY 15

HCM City (VNS/VNA) - The Ho Chi Minh City University of Economics earlier this week launched the Institute of Smart Cities and Management (ISCM), whose mission will be to mobilise international cooperation in addressing urban issues globally. The launch was attended by officials from economics, urban studies, transport, and environment universities and organisations from Asia, Europe and the US. Su Dinh Thanh, Rector of the HCM City University of Economics, said the institute aims to become a smart city training and research institute that uses technology and critical thinking as powerful tools to solve urban problems of the future.  “I believe that ISCM and our partners will contribute to improving the quality of education and urban life through three activities — integrated education, research and development, and solving practical problems through projects.” Dr Trinh Tu Anh, director of the new institute, said it aims to develop education integrated … [Read more...] about University sets up Institute of Smart Cities and Management