Dien Bien (VNA) - It was early in the morning when Nam Vi commune was still engulfed in fog, when villagers woke up and gathered to say goodbye to soldiers from Battalion 1, Regiment 741, the provincial Military Command. The soldiers had helped locals to repair roads, build houses and bridges, even work on the farms over the past month, and had become close friends. Now it was difficult for the villagers to say goodbye. A month ago, soldiers from Battalion 1, Regiment 741, were assigned to protect the border in Dien Bien’s Muong Nhe district, and give a new look to the poor area. Nam Vi commune in Muong Nhe district is an extremely disadvantaged area with a high ratio of poor households. Access to the village is limited due to poor-quality roads. It also borders China and Laos, making security complicated. The soldiers were dispatched there to make a change. They moved between every remote area of the village to safeguard local … [Read more...] about Soldiers give new look to poor village in Dien Bien
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In the agreement, both sides commit to abide by the International Monetary Fund's principles on avoiding the manipulation of exchange rates and say they will work to achieve market-determined exchange rates and refrain from competitively cutting their value of their currencies. … [Read more...] about What’s in the new US-China ‘phase one’ trade deal?
The reports to the National Party Congress are not the usual annual reports, but ones that contain analyses of the current situation and assessments for the future, towards 2030 and 2045, as to what the localities or the country will look like. We frequently mention smart cities or green cities but what exactly are the parameters of these concepts? Or the idea that Việt Nam will become a developed, industrialised nation or a developed nation or modernised nation by 2030, what are the stipulations for these ideas? Since 2001, we have targeted becoming an industrialised, modernised country in 2020, but have we actually achieved that target? … [Read more...] about Việt Nam reaches for prosperity
The environment emerged as one of the key themes of 2019 globally. Large cities in Vietnam are suffering from poor air quality. Parts of Hanoi had no drinking water for a period of time due to an incident at a reservoir, and swathes of the Mekong Delta are suffering from salt-water intrusion. The inference may be drawn that other swathes of the country are less than pristine. Laws exist to protect the environment, but the implementation of them is not streamlined. Expect greater focus on this area from now onwards. … [Read more...] about The shape of things to come in Vietnam’s M&A domain
Consequently, many acquirers could be in wait-and-see mode on strategic transactions until they have a better idea of how some of the uncertainties will play out. How integrated banks can harmonise their geographic footprint to affect growth, costs, and asset efficiency in the meantime is still a large problem to consider. … [Read more...] about Pending frustrations in M&A unnerve investors