Hanoi (VNA) – The World Bank (WB) released a report on May 27, offering policy recommendations to help Vietnam maintain quality growth through more dynamic firms, more efficient infrastructure, skills, and a move toward a greener economy. The report, entitled “Vibrant Vietnam: Forging the Foundation of a High-Income Economy”, comes as the country’s Government is preparing its socio-economic development strategy for 2021-2030 and a socio-economic development plan for 2021-2025. It suggested that a productivity-driven development model – combining innovation with balanced development and allocation of private, public, human and natural capital – will be key for Vietnam to achieve its goal of becoming a high-income economy by 2045. Some of the forces that have propelled Vietnam’s growth are now slowing. The country’s demographic dividend is fading, and global trade is declining, while other challenges – such as pollution and the … [Read more...] about WB report provides policy advice for Vietnam to maintain quality growth
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Fishing on Hon Yen a cast apart
At low tide coral reefs are exposed along with colorful starfish. … [Read more...] about Fishing on Hon Yen a cast apart
Vietnam needs more efforts to lure new FDI wave
While putting up efforts to attract new foreign-invested projects, Nguyen Thu Trang, director of the WTO Center and Integration under the Vietnam Chamber of Commerce and Industry (VCCI), said Vietnam should pay attention to the quality of the FDI and the risks of local enterprises being acquired at cheap prices. … [Read more...] about Vietnam needs more efforts to lure new FDI wave
Vietnam to study health standard validation before reopening to foreign tourists
Vietnam’s tourism industry achieved high growth in the past five years. The number of international arrivals continued to rise in January this year. However, the Covid-19 outbreak has paralyzed tourism activities worldwide, including in Vietnam. … [Read more...] about Vietnam to study health standard validation before reopening to foreign tourists
Vietnam destroys 4,000 pigs as African swine fever makes comeback
The African swine fever virus spreads through bodily secretions. Pigs can thus get infected by contact with infected sources, mainly other infected pigs, pork and other pig-derived products, but also other contaminated objects, according to the Food and Agriculture Organization. … [Read more...] about Vietnam destroys 4,000 pigs as African swine fever makes comeback
