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Hanoi (VNA) - Indonesia’s central bank said signs of inflation accelerating might be seen in the fourth quarter but the bank would not immediately raise interest rates in response, Governor Perry Warjiyo said on January 25. Warjiyo told a briefing of senior editors the exit policy from monetary stimulus would probably start with Bank Indonesia mopping up excess liquidity, while interest rates would stay low until policymakers deemed there was a risk of high inflation. BI cut interest rates a total of 125 basis points and pumped more than 50 billion USD of liquidity into the financial system last year to help the economy weather the impact of the coronavirus pandemic. This year, BI has bought 25.9 trillion rupiah (1.85 billion USD) of bonds, Warjiyo said./. … [Read more...] about Indonesian central bank: signs of inflation pressure may be seen in Q4

Previously, as German Ambassador to Vietnam, Christian was involved in a number of activities to promote diplomatic and trade relations between Vietnam and Germany. Now retired, but with a special attachment to Vietnam, he still contributes to the country’s integration into the world through advising foreign investors and supporting domestic enterprises in their efforts to penetrate into European markets. … [Read more...] about Vietnam – Land of bliss

From 1993-2017, the mortality rate among newborns in Vietnam fell from 32.6 to 16.7 per 1,000 live births. Meanwhile, from 1990-2016, average life expectancy rose from 70.5 to 76.3 - the highest in the region. Over the last 35 years, the health of the Vietnamese people has improved significantly. … [Read more...] about Russia’s news agency highlights Vietnam’s 35 years of renovation

Hanoi (VNA) - A flower street with the theme of “Home Hanoi Xuan 2021” is set to be held for the first time between February 7 and 17 in Splendora urban area of Hoai Duc district in Hanoi in order to celebrate the upcoming Lunar New Year Festival, known locally as Tet. The street will feature a traditional Tet space, including Dong Ho folk paintings, Bat Trang ceramic products, and calligraphic works, the Voice of Vietnam (VOV). In addition, the area will also include traditional items such as Chuong village’s Non La, a type of conical hat, and Chung cake, a festive delicacy consisting of a square sticky rice cake, in order to offer visitors an ideal check-in location. Alongside various art performances, water puppetry show and folk games are also set to entertain visitors throughout Tet. A traditional market featuring flowers, ornamental trees, and food will also take place during the event. As the first event of its kind, the street is being organised by the … [Read more...] about First Hanoi flower street to debut in February for Tet celebrations

The fifth-largest province nationwide geographically, Thanh Hoa has a coastline of 102km, which is favourable for tourism and the development of seaports, along with National Highway 1A, the Ho Chi Minh Highway, the North-South railway and Tho Xuan Airport. It also has favourable conditions for aquaculture, especially shrimp, crab and seaweed.  … [Read more...] about Thanh Hoa: a promising investment destination