How to sustainably manage water

As annual tourism activity held by the local authorities, the event aims to promote and introduce unique, attractive and outstanding values of  tourism resources of Ninh Binh, especially UNESCO-recognized World Cultural and Natural Heritage - Trang An Scenic Landscape Complex. Via the annual event, Ninh Binh continues affirming its brand and position as a safe and friendly destination, as voted by many renowned newspapers, magazines and travel websites worldwide as one of the top 10 ideal destinations for a wonderful family vacation in 2023. The event offers a chance for visitors to admire a 9,500sq.m painting using rice as material on vast fields of Tam Coc stretching along the winding Ngo Dong river. The painting symbolizes abundance and the bountiful water element that supports the sustainable development of green tourism in the ancient capital of Hoa Lu, a land of cultural heritage for thousands of years. Rice fields in Tam Coc have been voted as one of the most beautiful in … [Read more...] about Tourism week “The Golden Color of Tam Coc – Trang An” opens in Ninh Binh

The 2023 Ninh Binh tourism week attracts crowds of tourists (Photo: VNA) Ninh Binh (VNA) - The 2023 Ninh Binh tourism week themed “The Golden Colour of Tam Coc - Trang An ” kicked off in Hoa Lu district of the northern province of Ninh Binh on may 27. As annual tourism activity held by the local authorities, the event aims to promote and introduce unique, attractive and outstanding values of tourism resources of Ninh Binh, especially UNESCO-recognised World Cultural and Natural Heritage - Trang An Scenic Landscape Complex. Via the annual event, Ninh Binh continues affirming its brand and position as a safe and friendly destination, as voted by many renowned newspapers, magazines and travel websites worldwide as one of the top 10 ideal destinations for a wonderful family vacation in 2023. The event offers a chance for visitors to admire a 9,500 sq.m painting using rice as material on vast fields of Tam Coc stretching along the winding Ngo Dong river. (Photo: … [Read more...] about Tourism week “The Golden Colour of Tam Coc – Trang An” opens in Ninh Binh

A delegation from Vietnam’s T&T Group, led by chairman of the board Do Quang Hien, embarked on a visit to the headquarters of DB Group, a prominent economic powerhouse in South Korea, on May 25. Under this comprehensive accord, T&T Group and DB Group will support each other's endeavours with the shared goal of becoming leaders in Vietnam's thriving insurance sector. Additionally, the two groups have committed to jointly exploring and executing ventures across multiple other industries. Speaking at the signing ceremony, Do Vinh Quang, vice chairman of the Board of Directors and Deputy CEO of T&T Group, highlighted the shared vision of both companies to excel in Vietnam's insurance sector. Recognising the potential in other areas such as finance, asset management, IT, and real estate, Quang emphasised the importance of leveraging these strengths to achieve sustainable growth for both conglomerates. He expressed confidence, stating, “This strategic collaboration will … [Read more...] about T&T Group and DB Group form strategic partnership to fuel investment opportunities

Latest figures from the central bank show that in late February the on-balance sheet non-performing ratio of the banking system stood at 2.91 per cent, an increase compared to 2.46 per cent in late 2016, 1.49 per cent in late 2021 and most recently, 2 per cent in late 2022. However, according to a State Bank of Vietnam (SBV) assessment, several sorts of debts have the potential to be turned into bad debts in the future, such as investment into corporate bonds for debt restructuring, hard-to-collect receivables, among others. “If such debts were considered, the non-performing loans (NPLs) ratio of the system might reach 5 per cent of total outstanding balances,” said SBV Governor Nguyen Thi Hong. One positive point is that credit institutions have been taking practical measures to ensure operational safety through boosting their loan loss reserve (LLR) funds for their bad debts . Accordingly, credit institutions have maintained a fairly high LLR ratio approximating … [Read more...] about How bad debts influence lending rates

Fishing vessels are seen at Phu Quy Island in the south central province of Binh Thuan . (Photo: VNA) Binh Thuan (VNA) – The south central province of Binh Thuan is raising public awareness in the fight against illegal, unreported, and unregulated (IUU) fishing and the implementation of the 2017 Fisheries Law. The moves come as part of the country's180-day action plan for IUU fishing prevention and control. Since the beginning of this year, the provincial Fisheries Sub-Department has coordinated with localities to organise six classes for 450 fishermen, especially those working on offshore fishing vessels and groups with a high risk of committing to IUU fishing. IUU fishing and illegal fishing in foreign waters. Local vessel owners and captains of offshore fishing ships signed commitments not to violate foreign waters. From July 2019 to June 2021, no fishing boats or fishermen violated foreign waters. However, from mid-2021 until now, there have been eight cases … [Read more...] about Binh Thuan province promotes awareness to fight illegal fishing