Problems usually confronted in the analysis of macro economics

Việt Nam’s commitments to the net-zero emission target have seen the country shifting from fossil fuels to electricity. — VNA/VNS Photo Công Thử HÀ NỘI — For a developing society and economy like Việt Nam’s, energy is the engine behind growth, especially in post-pandemic recovery. While it is important to save energy, what matters is smart consumption – correct, sufficient, and intelligent use of energy. The statement was made by Nguyễn Anh Tuấn, senior expert on energy from the Việt Nam Energy magazine at a seminar on Wednesday. Focusing on the economical use of energy, the event gathered experts in the field to discuss energy transition, renewable energy, and the solutions to ensure electricity supply during the summer months in Việt Nam. Elaborating on Tuấn’s point of view, director of the Centre for Energy and Green Growth Research (CEGR) Hà Đăng Sơn said: “Saving and using energy efficiently is the only way to go to achieve COP26 commitments and energy transformation. … [Read more...] about Việt Nam has huge potential for saving energy: experts

For a developing society and economy like Vietnam’s, energy is the engine behind growth, especially in post-pandemic recovery. While it is important to save energy, what matters is smart consumption – correct, sufficient, and intelligent use of energy. Vietnam’s commitments to the net-zero emission target have seen the country shifting from fossil fuels to electricity. The statement was made by Nguyễn Anh Tuấn, senior expert on energy from the Vietnam Energy magazine at a seminar on Wednesday. Focusing on the economical use of energy, the event gathered experts in the field to discuss energy transition, renewable energy, and the solutions to ensure electricity supply during the summer months in Vietnam. Elaborating on Tuấn’s point of view, director of the Centre for Energy and Green Growth Research (CEGR) Hà Đăng Sơn said: “Saving and using energy efficiently is the only way to go to achieve COP26 commitments and energy transformation. “We cannot … [Read more...] about Vietnam has huge potential for saving energy: experts

Mr. Mai speaks at the meeting (Photo: SGGP) On the afternoon of May 17, the Ho Chi Minh City National Assembly Delegation supervised the implementation of Resolution 54/2017 of the National Assembly on piloting specific mechanisms and policies for the city’s development and social economy in the first four months of the year and the benefits and solutions in the last months of 2022. Speaking at the meeting, Vice Chairman of Ho Chi Minh City People's Committee Vo Van Hoan emphasized that the city’s socio-economic situation in the first four months of 2022 has many bright spots. Importantly, the Covid-19 epidemic has been under control as from April 8 to now, the southern largest city has not recorded any deaths. The city's economy continued to rebound and recover strongly. In the first four months, the total state budget revenue reached more than VND186,000 billion, reaching more than 43 percent of the estimate. Regarding the implementation of the Resolution 54 , the … [Read more...] about HCMC petitions for specific mechanisms and policies to develop sustainably

Ambassador Lê Thị Tuyết Mai. Photo vtv.vn Deputy Prime Minister Lê Minh Khái is attending the 52nd World Economic Forum (WEF) annual meeting from May 23-24 in Davos, Switzerland. Ambassador Lê Thi Tuyết Mai, Head of the Permanent Delegation of Việt Nam to the United Nations, World Trade Organization (WTO) and other international organisations in Geneva, talks to VTV News on relations between Việt Nam and WEF, as well as issues surrounding the content of this year's forum. The World Economic Forum Annual Meeting 2022 (WEF Davos Conference 2022) has the theme "History at a turning point: Government Polic ies and Business Strateg ies". This will be the first live event promoting public-private cooperation between leaders of countries, international organi sations and global corporations since the COVID-19 pandemic. Could you please tell us more about the issues that will be discussed at the Conference, as well as the purpose, meaning and comments on this year's topic? The … [Read more...] about Việt Nam commits to working with global community in tackling global issues

As Việt Nam’s growth momentum faces headwinds, with global recovery slowed by the impacts of the pandemic, inflation pressure and a surge in oil prices, National Assembly Deputy Trần Hoàng Ngân talks to Tuổi Trẻ (Youth) newspaper about the need to have appropriate measures to put inflation under control before it’s too late. You have previously proposed using environmental protection and special consumption taxes to control the increase in gasoline prices, why do you persist with this view? Experiences from economic development in Việt Nam and around the world show that high inflation is very dangerous. Therefore, it is necessary to closely monitor the situation and come up with timely solutions. When high inflation occurs, to control it, banks often raise interest rates, which will turn everything upside down and is a very dangerous move for the economy. Therefore, it is necessary to persist in preventing the problem as soon as symptoms of high inflation show. One of … [Read more...] about Expert gives warnings about high inflation, saying immediate solutions needed

While many chase a "perfect" life, they do not anticipate the pressure that comes with it, and are mentally ill-equipped to deal with the psychological stress. Those that do not see a way out end up taking their own lives as a means to the end. Our mind is a judging machine. When we experience something, usually our mind automatically thinks it's good, or bad. If the experience is pleasant, our mind hangs on to that feeling, and we want more of it. If the experience is unpleasant, we will try to hide, resist, and escape. And all other feelings are judged as "neutral", so we tend to forget it. There's nothing wrong with these judgments. It's natural for the mind to judge. Sometimes, these judgments are helpful. They can help us to understand why we like to do certain things, and why something makes us upset. The problem starts when we allow our mind to judge automatically too often and too much. We must always have a balance in everything. Sometimes too much of a good thing is not … [Read more...] about We need to be mindful parents

Shanghai announced a gradual reopening from Monday of businesses, though it remains unclear when the millions of people still locked down in China's economic capital will finally be allowed out of their homes. Police and security members in protective suits stand outside cordoned off food stores following the COVID-19 outbreak in Shanghai, China, Mar 29, 2022. (File photo: Reuters/Aly Song) Confronted with its worst Covid-19 outbreak since the beginning of the pandemic, China -- the last major economy still closed off to the world -- put the city of 25 million under heavy restrictions in early April. The rigid strategy to root out virus cases at all costs has wreaked havoc on supply chains, crushed small businesses and imperilled the country's economic goals. For many Shanghai residents, some of whom were already confined to their homes even before April, the frustrations have included problems with food supplies, access to non-Covid medical care and … [Read more...] about Covid-hit Shanghai announces gradual reopening of businesses

Chairman of the People’s Committee of HCMC Phan Van Mai speaks at the conference. The statement was made at a virtual conference on the implementation of the Politburo's Resolution No.06-NQ/TW dated January 24, 2022 on planning, construction, management and sustainable development of urban areas in Vietnam to 2030 with a vision to 2045” that was held by the Party Central Committee's Secretariat on May 18. The video conference saw the presence of Politburo member and standing member of the Party Central Committee’s Secretariat Vo Van Thuong, Chairman of the Party Central Committee's Economic Commission Tran Tuan Anh, Head of the Central Propaganda and Education Department Nguyen Trong Nghia and Deputy Prime Minister Le Van Thanh. Participants located in HCMC accessing the live meeting included HCMC Party Committee Secretary Nguyen Van Nen, Chairman of the People’s Committee of the city Phan Van Mai and Chairwoman of the municipal People’s Council Nguyen Thi Le. Speaking at … [Read more...] about HCMC needs special mechanisms to attract strategic investors: City’s Chairman