Previously, Nguyen Minh Cuong, principal country economist from the Asian Development Bank, told VIR that it is quite necessary for the government to provide fiscal support for people. However, it is also important to define the nature of the support package. … [Read more...] about SBV orders banks to cut or delay interest payments to cushion economy
Iphone 7 release date
Stagnant site clearance work for the North-South Expressway project means work will not start on the project this August as planned. To date, only 166 out of 653.6km of roads in 13 localities which the expressway’s eastern section runs through have been transferred to investor and the project’s management board. The slow site clearance would slow down North-South Expressway project … [Read more...] about Sluggish site clearance slows North-South Expressway project
Differences were "still too great to reach an agreement," German Chancellor Angela Merkel told reporters at the end of the two days of talks in Brussels. No date had yet been set for another summit to try again, but Merkel added that "we are going to have to return to the subject". The trillion-euro-plus budget, the multiannual financial framework, is meant to be operational from next year and run to the end of 2027. But the summit revealed stubborn differences between a handful of wealthy "frugal" states and a larger group wanting more money to meet both big European ambitions and to fill the 75-billion-euro shortfall left by Britain's exit from the EU last month. "Unfortunately we have observed it was not possible to reach an agreement, we observed we need more time," said European Council President Charles Michel, who had called the extraordinary summit and stewarded the talks. He said, however, he was right to make the effort: "As my grandmother said, to succeed you first have … [Read more...] about EU budget summit ends with no deal
In 2009, when the VN Index soared from 324 points to the year's peak of 630 points, the richest stock billionaire had total assets worth over VND9 trillion. But now, one needs to have much more to be listed among the top billionaires. KBC price hovers around VND14,950 per share. With 75 million KBC in hands, Tam now ranks 53rd on the list of top billionaires. … [Read more...] about How much is needed to be listed among the top stock billionaires in Vietnam?
Athletes were due to compete between January 18 and 24, but due to financial and logistical issues, the Games were previously pushed back to March 20-28 and now are postponed indefinitely. According to the VPA, the organising board will announce to nations taking part 60 before the new date. About 100 Vietnamese athletes were scheduled to take part in the regional multi-event tournament for differently-abled athletes. Following the change from the hosts Philippines, the Việt Nam National Sports Administration decided Vietnamese athletes should return to their local teams to train. However, nearly 20 athletes of three key sports of powerlifting, athletics and swimming will stay with the national set up to prepare for the Paralympics to be held in August in Japan. At present, Việt Nam has five slots to compete in Japan in athletics and swimming. Vũ Thế Phiệt, vice president and general secretary of the VPA, said Việt Nam aims to earn 10-12 tickets … [Read more...] about ASEAN Para Games delayed indefinitely