The drought-stricken Kwan Phayao Lake in Phayao province in northern Thailand in May 2023. (Photo: bangkokpost.com) Bangkok (VNA) – Thailand’s Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has said drought, floods and other extreme weather exacerbated by climate change could cause damage worth 36 billion THB (1 billion USD) to the Thai economy this year. Kriengkrai Thiennukul, chairman of the Federation of Thai Industries (FTI), a key member of the JSCCIB, stressed that water scarcity caused by drought is the committee's leading concern because it could have a massive impact on both the agricultural and manufacturing sectors, hampering already sluggish exports. According to the Commerce Ministry's latest data, in the first four months of 2023 Thai exports decreased by 5.2% year-on-year to 92 billion USD, while imports fell by 2.2% to 96.5 billion USD, resulting in a trade deficit of 4.51 billion USD. drought , hoping to work with the … [Read more...] about Thailand forecasts huge losses caused by climate change
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Discovering Tien Cave in Lao Cai
A tourist at Tien Cave in Lao Cai Province - Photo 52hz.vn Tien Cave is one of the beautiful landscapes in the country and attracts many tourists to Lao Cai Province. The cave has a wild beauty with many beautiful and studding stalactites. With a white sandy beach and crystal clear water, the scenic cave is an ideal resting place among the mountains on summer days. The path leading to the cave in Coc Ly Commune, Bac Ha District is a small flow of the Chay River, originating from stream branches in the northwest of Hà Giang Province. On a boat trip on the stream leading to Tien Cave - Photo traveloka.com The Chay River coming here seems to be constricted to form a deep river, bringing a gentle look, weaving between the two steep cliffs. The two sides are primeval forests, covering the whole landscape with a cool, fresh climate. To reach this place, we went through Bao Nhai Commune and then took a boat upstream on the Chay River for nearly an hour. During the … [Read more...] about Discovering Tien Cave in Lao Cai
South Korean investors share social support in central Viet Nam
A Korean student joins an exchange with Vietnamese school students in a Korean business-funded Corporate Society Responsibility programme in central Viet Nam. — Photo courtesy of Doosan Vina Although accounting for a 10 per cent share of total South Korean investment capital in Viet Nam, the Korean business community has been positively promoting Corporate Social Responsibility (CSR) programmes to contribute to socio-economic development in central Viet Nam over the past decades. The Consul General of South Korea in Da Nang, Kang Boo Sung, spoke at the CSR Forum among South Korean businesses operating in the central region, emphasising the satisfaction among 250 enterprises working in the region over the past years. More new Korean investors are turning their attention to this destination. "South Korea is seen as the largest investor in Viet Nam with an accumulated US$81 billion since the two countries established diplomatic ties in 1992, and an amount of $4.88 billion in newly … [Read more...] about South Korean investors share social support in central Viet Nam
Kien Giang kick-starts military-civilian program in 2024
Themed “Kien Giang provincial armed forces together with the party organization, authorities, and people of Hon Dat district build new-style rural area,” the program will take place from June 2023 to January 2024. As planned, the program will facilitate the construction of 115 houses for needy households and seven rural bridges; present gifts to policy beneficiaries, poor and near-poor families; provide health examination, medicines, and consultation for locals. The organizing panel will present scholarships to needy students with good academic results; build electricity systems in rural areas; carry out environment projects; and hold artistic and sporting events and competitions. Speaking at the ceremony, Deputy Chairman of the Kien Giang provincial People’s Committee and head of the steering committee Nguyen Luu Trung evaluated that this mass mobilization model bears profound socio-political and humane significance, embodying the tradition of "When drinking water, remember its … [Read more...] about Kien Giang kick-starts military-civilian program in 2024