How to improve the standard of living in developing countries

The country is at an important time in developing the Socio-Economic Development Strategy for the next period. So the plans made at this point of time will decide whether Vietnam will continue to grow at a low rate of inequality, and at the same time whether Vietnam can develop but reduce the pressure on the planet and enhancing human and environmental harmony or not. … [Read more...] about Vietnam listed among countries with high Human Development Index for the first time

The economic structure of industries has changed positively, the proportion of processing, manufacturing and application of high-tech industries has increased. Many production models applying high technology have been established, like high-tech agriculture, clean and organic agriculture. The quality of a wide range of products has come to meet safety requirements according to international standards. Environmental issues have been solved on the basis of science and international law. Quality of growth is improving day by day. The industry's global competitiveness increased from 58 in 2009 to 42 in 2019. Việt Nam's global business environment ranking position has improved significantly. … [Read more...] about Science and technology one of the country’s major policies: official

I fully expect capital investment to continue to flow into Vietnam. There is a lot of “dry powder” available in the region and a lot of these deep-pocket investors are all looking to invest. Even with the business restrictions during COVID-19 this year, Vietnam is one of few countries in the region still exhibiting positive economic growth. The country was well on the road to tremendous economic development even before COVID-19 happened. … [Read more...] about All-purpose IPs all the rage in property arena

In the first days of this year, many people were shocked by the information that Vietnam imported rice from India. However, through research, this is a normal response to the need of the market. Many enterprises explained that Vietnam currently lacks low-grade rice for the processing of animal feed, so it is normal to import low-grade rice from India. This also partly explains the first success in the restructuring of rice production in Vietnam. Accordingly, the percentage of high-grade rice varieties is increasingly dominating, whereas low-grade rice varieties, such as IR50404, are decreasing day by day, which partly causes a shortage of raw material for the processing of animal feed. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 14

In order to carry out the flood prevention project, about 280 households must be relocated and the river bank must be repaired. The authorities must also dredge the river. Quy Nhon City People's Committee will be responsible for organising the resettlement areas and compensation fund. The Binh Dinh People's Committee will be responsible for the funding of the construction and any renovation. … [Read more...] about VIETNAM NEWS JANUARY 16