Thuy said against the background of the global and domestic macro-economy, the overall balance of payments may remain a surplus, or in other words, foreign currency supply is still greater than demand. In particular, the element deemed to play the most important role would be foreign investment. The dynamic and healthy development of Vietnam’s economy with such driving forces as the openness of the economy, the population structure, and the process of restructuring and urbanization will continue to lure capital flows from abroad to Vietnam in various forms—from remittances to direct and indirect investment. … [Read more...] about Peacetime in sight for the dong
Currencies used in ireland
Art of command in 1979 northern border defence war
Hanoi, (VNA) – The northern border defence war in 1979 has demonstrated Vietnam’s strength and intelligence in critical situations. The art of command during that war is analysed in an article by Associate Professor and Doctor Ho Khang, former deputy director of the Vietnam Military History Institute. In early 1979, when the Vietnam People’s Army toppled the reactionary Pol Pot regime in Cambodia and helped the Cambodian people escape from genocide, the Chinese Government joined some Western countries in launching propaganda campaigns distorting the presence of the Vietnamese voluntary troops in Cambodia, with the aim of sabotaging Vietnam’s revolution and imposing its interest on the Indochina peninsula. As both political and diplomatic pressure failed to produce the desired goal, Chinese leaders mobilized around 600,000 troops along with hundreds of tanks and armoured vehicles to open a direct attack on February 17, 1979 on Vietnam along the full length of … [Read more...] about Art of command in 1979 northern border defence war
Russian Major General recalls Vietnam’s war to defence northern border
Moscow (VNA) – It is the courage and resolve of soldiers of the Vietnam People’s Army that contributed to the victory of the northern border defence war in Vietnam 40 years ago (February 17), said Russian Major General Viktor Demyanenko. Demyanenko was among 21 officers of the former Soviet Union (present-day Russia) sent to Vietnam to help the country during the struggle to defence its northern border in 1979. The 90-year-old Major General told a Vietnam News Agency’s correspondent that he is proud to be one of the three people who advised then Party General Secretary Le Duan to withdraw a major army corp from the southwestern border to assist the northern border. The corp, together with the BM-21 rocket artillery unit, created a shield protecting Hanoi capital city, he recalled. Demyanenko lauded courage of local forces, especially civil defence force, during the struggle, saying Vietnamese people followed President Ho Chi Minh’s teaching that … [Read more...] about Russian Major General recalls Vietnam’s war to defence northern border
Da Nang to establish library for documents on Paracel Islands
According to Vo Ngoc Dong, chairman of Da Nang's Hoang Sa District, since 2016 the district has received 212 relics and documents of historical and legal importance from Vietnamese and foreign organizations and individuals confirming Vietnam's sovereignty over the Hoang Sa and Truong Sa islands. … [Read more...] about Da Nang to establish library for documents on Paracel Islands
