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The conference took place on Wednesday — Photo viettimes.vn The Vietnamese economy recovered more slowly than the world economy last year, but the reverse is likely to be true this year. BIDV Chief Economist Can Van Luc made the forecast at the conference “Vietnam financial market 2021 and outlook 2022” yesterday. Luc had three possible scenarios for the Vietnamese economy in 2022. In the best-case scenario, the economy is expected to rebound strongly with an annual growth rate of 6-6.5 per cent. The figure is adjusted down to 5.5-6 per cent in the base-case scenario, and to 4.5-5 per cent if things do not turn out well. Meanwhile, inflation is believed to rise steadily due to global inflationary pressures. “I’m quite sure that Vietnamese inflation will rise to around 3.8-4.2 per cent this year. It’s inevitable amid rapid-rising global inflation,” he added. Additionally, Luc was optimistic that the securities market is likely to become more sound and stable after several … [Read more...] about Vietnamese economy to do well in 2022: experts

In detail, the Military Command of Lap Thach district mobilized officers, soldiers, and militiamen to help the locals in Son Dong commune, Lap Thach district harvest rice in flooded and fallen paddy fields. In Cam Trach village, Dao Tu commune, Tam Duong district, due to the prolonged and heavy rain, Cam Trach bridge has been severely  damaged, threatening the lives of local people. Knowing the situation, relevant forces of Tam Duong district's Military Command and the Border Guard Training Center rushed to the scene and promptly found effective solutions to the problem. In Tam Dao district, troops tried their best to evacuate flood-hit residents to safer places. Translated by Quynh Oanh … [Read more...] about Vinh Phuc troops help local people surmount flood consequences

The UN General Assembly held a high-level meeting on peace-building and sustaining peace on April 24-25 in New York, with the participation of 128 UN members and international organizations. Speaking at a discussion session, the Head of the Vietnamese Mission to the UN, Ambassador Nguyen Phuong Nga, said that, in the context of current unpredictable and complex challenges, the UN should seek comprehensive approaches, promote close coordination, place people at the center of the process of making and implementing policies, take specific measures to prevent and handle conflict on the basis of the UN Charter and international law while avoiding the use of force or threat to use force, and fully respecting sovereignty and territorial integrity of each country. The Vietnamese Ambassador reconfirmed Vietnam’s commitment to contribute positively to regional and international peace and security, as well as the country’s consistent policy to peacefully settle disputes, including the ones in … [Read more...] about Vietnam committed to contributing to international peace and security