Displacement

Vietnam rose from sixth to fifth place in Southeast Asia, displacing the Philippines, and is well-positioned to overtake Thailand (rank 4) next year if this positive momentum continues. The gap between the two only ranked Vietnamese cities has widened this year. Ho Chi Minh City ranks first and is moving closer to the global top 100, jumping 68 spots to 111, and showing positive momentum from last year. This rapid growth signals that good things are happening in Ho Chi Minh. "On the flipside, Hanoi has decreased 31 spots to 222, falling out of the global top 200. Having Hanoi and Ho Chi Minh City as innovation hubs is a massive bonus to the Vietnamese ecosystem, but hopefully, more cities will follow suit. With Vietnam’s population of almost 100 Million, two ranked ecosystems are certainly not enough," says the report. The Vietnamese startup ecosystem has massive potential, mostly due to the substantial market size of the economy, making the creation of successful local startups … [Read more...] about Vietnam jumped five spots to rank 54 in the top global startup ecosystems

Chairman of the HCMC People’s Committee Phan Van Mai The city’s Chairman said that he was so glad when the resolution on investment in the Belt Road No. 3 project of HCMC was given the green light and also expressed his concerns over a large number of works to do in a short time, especially the process of site clearance and resettlement of nearly 4,000 displaced families affected by the project. The Ring Belt No.3., which connects HCMC, Binh Duong, Dong Nai and Long An will be an important driving force in the development of the southern key economic region. It is expected to activate this area which is asked to play a leading role in the sustainable economic growth of the country. He stressed that the city will focus on five main tasks of the project implementation. Firstly, the municipal government will give advice on issuing resolutions of project implementation and continuously complete legal documents of the project to the National Assembly. Secondly, the mission is … [Read more...] about HCMC strives to complete site clearance for Ring Belt No.3 project

Monsoon rains caused widespread flooding in northeastern Bangladesh and India, stranding nearly 6 million people and killing at least 19 people in Bangladesh, authorities said on Saturday, warning the situation could worsen. Lightning strikes have killed at least 15 people in eight districts in Bangladesh since Friday, and four people were killed in landslides, police officials said. The flooding in Bangladesh, described by a government expert as potentially the country's worst since 2004, was exacerbated by the runoff from heavy rain across Indian mountains. Rain continued on Saturday, with more forecast over the next two days. Indian Army soldiers evacuate people from flooded area to a safer place after heavy rains at a village in Hojai district, in the northeastern state of Assam, India, June 18, 2022. Photo: Reuters "Much of the country's northeast is underwater and the situation is getting worse as heavy downpour continues," said Mohammad Mosharraf Hossain, … [Read more...] about Millions stranded as floods ravage parts of Bangladesh, India, more rain forecast

All proceeds from the auction, which coincided with the World Refugee Day on Monday, will benefit UNICEF's humanitarian response for Ukraine's displaced children, Heritage Auctions, which conducted the sale in New York, said in a statement. Muratov's Novaya Gazeta newspaper, fiercely critical of President Vladimir Putin and his government, suspended operations in Russia in March after warnings from the state over its coverage of the war in Ukraine. Pressure against liberal Russian media outlets has been continuous under Putin, Russia's paramount leader since 1999, but it has mounted after Moscow sent troops into Ukraine on Feb. 24. Muratov was attacked with red paint in April. Russia's mainstream media and state-controlled organizations follow closely the language used by the Kremlin to describe the conflict with Ukraine, which Moscow calls a "special operation" to ensure Russian security and denazify its neighbor. According to U.S. media reports, the auction of Muratov's prize … [Read more...] about Russian journalist’s Nobel Peace Prize fetches record $103.5 mln at auction to aid Ukraine children

Workers at Woodland JSC. a wooden furniture maker in the northern province of Tuyên Quang. VNA/VNS Photo HÀ NỘI — Vietnamese products are to face numerous trade defence measures in the future despite the large number of free trade agreements (FTAs) the country has signed, according to trade experts and policymakers. Lê Triệu Dũng, head of the trade defence department under the Ministry of Industry and Trade, said Việt Nam has signed on a total of 15 FTAs so far. While they have opened new markets and improved Vietnamese exporters' competitiveness, the FTAs were designed with built-in trade defence mechanisms to counter illegal practices such as dumping, subsidy and origin fraud. For example, countries are allowed to initiate and employ trade defence mechanisms on products exported from one country to another, where they were minimally processed or altered during a brief stop, before being exported again to their intended markets. "Greater integration into the global economy … [Read more...] about VN products to face trade investigations with more FTAs