The Hanoitimes - Looking ahead to the longer term, Vietnam will face risks related to aging, climate change, and digitalization. Ho Chi Minh City Stock Exchange's market cap equals 57% of GDP in H1 Vietnam’s GDP growth forecast to reach 6.96% in 2019 amid H1 slowdown Vietnam remains fastest-growing economy in Southeast Asia in 2019: ADB Economist concerned over Vietnam’s growth quality Vietnam’s GDP growth slows to 6.76% in H1 The International and Monetary Fund (IMF) has named five factors expecting to lay the foundation for Vietnam’s economic outlook. Despite rising trade tensions and volatility in emerging economies throughout 2018, Vietnam’s economy saw broad-based growth and low inflation. However, the IMF suggested Vietnam maintain growth and raise its quality, the country needs to modernize economic institutions, especially in terms of fiscal and monetary management, and continue with market-oriented and outward-looking reforms. In … [Read more...] about 5 factors laying foundation for Vietnam’s economic outlook: IMF
Organization for economic cooperation and development
The Hanoitimes - Recently, Kazakhstan has been going through major political changes, on this occasion, Kazakhstan Ambassador to Vietnam Beketzhan Zhumakhanov shared with Hanoitimes his view on the matter and the cooperation prospects with Vietnam in the future. Kazakhstan – Vietnam ties developing in all spheres: Ambassador Cooperation between Hanoi and Kazakhstan capital of Astana promoted Hanoi has vast potential to become a modernized city: Kazakhstan Ambassador Strengthening Vietnam-Kazakhstan bilateral trade relationship Kazakhstan Ambassador to Vietnam Beketzhan Zhumakhanov. Photo courtesy: Kazakhstan embassy in Hanoi. Kazakhstan's President Nursultan Nazarbayev has resigned after three decades in power, while the capital city's name has also been changed from Astana to Nur-Sultan. What is your view of these significant changes, and how do they impact Kazakhstan's diplomatic policies in the future, especially with Vietnam? On March 19, … [Read more...] about Large room remains for Kazakhstan-Vietnam trade and economic cooperation: Amb.
PM Nguyen Xuan Phuc (second from right) and WEF Founder and Executive Chairman Klaus Schwab witness the signing of an agreement between the Viet Nam and the WEF on building a center for the Fourth Industrial Revolution Both sides also signed a Letter of Intent on developing initiatives for plastic waste treatment. The same day, he had a series of bilateral meetings with the world's leaders and attended a high-level dialogue. Meeting with Dutch Queen Maxima, who is the UN Secretary General’s Special Advocate for Inclusive Finance for Development, PM Phuc affirmed that Viet Nam is focusing on building a national strategy on inclusive finance, which serves as an important foundation for the country to realise the UN’s inclusive finance goals in particular, and socio-economic and sustainable development targets as a whole. He took the occasion to invite the Dutch King and Queen to visit Viet Nam. PM Nguyen Xuan Phuc (L) meets with Chief Executive of … [Read more...] about PM busy on sidelines of World Economic Forum Annual Meeting
Governments worldwide are concerned with the spread of so-called fake news online, Photo: freepik Last week, Google has been accused of manipulating users to track their activities in the Czech Republic, Greece, the Netherlands, Norway, Poland, Slovenia, and Sweden. AFP reported that seven European consumer groups filed complaints against Google with national regulators, accusing it of covertly tracking users’ movements in violation of EU data protection regulations. The complaints stated that Google used “deceptive design and misleading information, which results in users accepting to be constantly tracked.” Council official Gro Mette Moen charged, “Google uses extremely detailed and comprehensive personal data without an appropriate judicial basis, and the data is acquired by means of manipulative techniques.” Social media contains risks Over the last years, the emergence of the Internet and social media has brought about quite the information … [Read more...] about Taxing times for the internet icons
Germany supports Hoi An with “Bike City” program developmentBy Ha Linh Foreign tourists cycle while sightseeing in Hoi An City – PHOTO: NHAN TAM DANANG – The German government has sponsored the ancient town of Hoi An in Quang Nam Province with a total investment of 178,000 euros, or VND4.1 billion, to develop bicycle-based traffic and free or low-cost bicycle-sharing projects, which are scheduled for deployment by September 2019, heard attendees at a seminar on the development of bike traffic in Hoi An City. Speaking at the seminar, organized on October 24 by the Hoi An government in collaboration with the German Federal Ministry for Economic Cooperation and Development and Health Bridge Vietnam, Nguyen Van Son, vice chairman of Hoi An City, said the project had resulted from the Global Urban Mobility Challenge Award of the Transformative Urban Mobility Initiative (TUMI), held by the German Federal Ministry for Economic Cooperation and Development … [Read more...] about Germany supports Hoi An with “Bike City” program development