He also warned that buyers should think twice about a new development model known as a “farmstay”, which has appeared in satellite provinces in recent years. “Land for farmstays is all agriculture land, which can be used only for farming. If buyers invest in this model, their capital investment would be kept for long time and they would face difficulties when investments cannot be recycled,” Nam added. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24
Germany greenhouse gas emissions
German research institutes hail Vietnam’s achievements
Berlin (VNA) - Major German research institutes and foundations have spoken highly of Vietnam's efforts in fighting COVID-19 and boosting economic development on the threshold of the 13th National Party Congress, and highlighted priorities of the country’s leaders in the next five years. In an article published on the website of Hanns Seidel Foundation, which is among the leading political research foundations in Germany, author Magdalena Knödler noted that the 13th National Party Congress, one of the most important political events of the country, will be slated for late January in Hanoi. During the Congress, a socio-economic development strategy for the 2021-30 period and development policy goals for the upcoming five years will be put forth, along with orientations on the country's policies regarding internal and external affairs. Streets have been decorated with banners, posters and national flags. Knödler remarked that 2020 was a difficult year for Vietnam. … [Read more...] about German research institutes hail Vietnam’s achievements
Ninh Binh proposes construction of local airport within 10 years
According to the draft master plan on the development of the national airport network to 2030 with a vision to 2050, the Civil Aviation Administration of Vietnam has proposed to have 26 airports by 2030, 14 of which will be international airports. The number could reach 30 by 2050. … [Read more...] about Ninh Binh proposes construction of local airport within 10 years
Experts warn of correction in trading this week
Regarding market movements, the VN-Index had the first week of decline last week after 11 consecutive weeks of increasing. VN-Index had two declining sessions at the beginning of the week; in which, on the 3rd session on January 19, the VN-Index had a session fall of nearly 61 points. … [Read more...] about Experts warn of correction in trading this week
Việt Nam posts remarkable economic achievements in 2016-20 period
These achievements have been recognised and appreciated by the international community. According to the United Nations Development Program (UNDP), Việt Nam has created a "legendary story" in poverty reduction with its human development index (HDI) of 0.63 in 2019, ranked 118 out of 189 countries and in the group of countries with the highest HDI growth rate in the world. … [Read more...] about Việt Nam posts remarkable economic achievements in 2016-20 period