“The dong remained one of the most stable currencies in the region despite geopolitical uncertainties and economic events at home and abroad,” said Ngo Dang Khoa, country director of foreign exchange and capital market at HSBC Vietnam. “The exchange rate between the U.S dollar and the dong stayed almost unchanged throughout most of 2019, and the dong even appreciated against the greenback when the State Bank of Vietnam (SBV) took the initiative to lower the buying price in late November.” … [Read more...] about Peacetime in sight for the dong
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PM inspects combat readiness at Army Officer Training College 2
Dong Nai (VNA) – Prime Minister Nguyen Xuan Phuc on January 19 visited and inspected the combat readiness at the Army Officer Training College 2 (Nguyen Hue University) in the southern province of Dong Nai. On the occasion, the Government leader attended a ceremony to inaugurate a military culture campus and the statue of Emperor Quang Trung – Nguyen Hue. Speaking at the working session with representatives of the college, PM Phuc praised the educational institution for its achievements made through periods, saying that the school has trained hundreds of officers for the Vietnam People’s Army (VPA). The quality of training and the prestige of the school have been remarkably improved, he added. He also spotlighted the significance of inaugurating the statue, stressing this will contribute to promoting political education and raising awareness of the school’s students to follow the example of the national hero. The PM expressed … [Read more...] about PM inspects combat readiness at Army Officer Training College 2
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
Da Nang to establish library for documents on Paracel Islands
Assoc Prof Dr Nguyen Tuan Cuong, director of the Institute of Han-Nom Studies, donated to Hoang Sa District authorities the 40-page "Hoang Le Canh Hung map" he had collected from Keio University in Tokyo, in which page 31b contains a description of the Yellow Sand Bank, or Hoang Sa Islands. … [Read more...] about Da Nang to establish library for documents on Paracel Islands
Hue set to achieve federal city status by 2025
The resolution on developing Thua Thien Hue by 2030, with a vision to 2045, notes that the province has been able to achieve an average annual economic growth of 7.2 percent over the past 10 years, higher than the national average, with tourism becoming a spearhead sector, and fishery and aquaculture being a driving force for economic growth. … [Read more...] about Hue set to achieve federal city status by 2025
