A typical cultural celebration in Khanh Hoa Province. A wide variety of cultural practices and performances will be featured at the Sea Festival.-Photo bvhttdl.gov.vn The provincial People’s Committee has issued a decision approving the programme for the festival – the biggest local sea tourism event, designed to kick-start National Tourism Year 2019. Nearly 50 cultural and art performances, sports competitions and commercial and scientific workshops will take place from May 10 to 13, mainly in the city of Nha Trang. The programme aims to introduce the traditional and contemporary cultural values of Khanh Hoa Province – the so-called land of agarwood and sea of Salangane birds – and the South Central Coast. It includes opening and closing ceremonies, street festivals and art performances. In some districts and towns, there will be other activities such as exhibitions, sports and tourism events. A fishing festival will also be held, along with a Salangane nest … [Read more...] about Nha Trang-Khanh Hoa Sea Festival 2019 set for May
Remaining bachelorette contestants 2019
Profit targets within reach for domestic banks as 2019 draws to a close
Illustrative image (Photo: VNA) Hanoi (VNS/VNA) - Domestic banks are in a position to complete their 2019 profit targets if they finish the year on a high. Thanks to high profits in the first three quarters of the year, many banks are close to reaching their yearly targets, while others are positive that the busy fourth quarter will be enough to get them over the finish line. According to the Military Commercial Joint Stock Bank (MBBank), the bank was on course to exceed its profit target. MBBank closed the first ten months of 2019 with pre-tax profit of more than 8 trillion VND (347.82 million USD), completing 96 percent of its annual target approved by shareholders in April. The Commercial Joint Stock Bank for Industry and Trade of Vietnam (VietinBank) is also confident of completing its profit goal of 20 trillion VND. After recording its highest profit ever in the first three quarters of 2019 thanks to growing revenue from retail and services, it should be easy for the … [Read more...] about Profit targets within reach for domestic banks as 2019 draws to a close
Becamex IDC sees big jump in 2019 profit
A corner of the Viet Nam-Singapore I Industrial Park constructed by Becamex IDC in Binh Duong Province. — Photo baobinhduong.vn The Investment and Industrial Development Corporation (Becamex IDC) has estimated its total post-tax profit will beat the full-year forecast by 54.5 per cent. The company forecast total post-tax profit will reach VND1.7 trillion (US$73.7 million). Meanwhile, revenue will only exceed the year’s plan by 1 per cent to touch VND5.8 trillion. Becamex IDC targets its total revenue in 2020 at VND6 trillion and post-tax profit of VND1.76 trillion. The figures are up 3 per cent each from 2019 estimates. The results will allow the company to pay an 8 per cent dividend for both 2019 and 2020. Within this month, Becamex IDC will pour an extra VND706 billion into BW Industrial JSC to help increase the latter’s charter capital to VND4.9 trillion from VND2.65 trillion. Its ownership in the joint venture will remain at 30 per cent of the capital. Becamex … [Read more...] about Becamex IDC sees big jump in 2019 profit
Indonesia raises budget deficit to 2.2 percent of GDP
Indonesian Deputy Minister of Finance Suahasil Nazara (Source: https://theinsiderstories.com/) – The Indonesian government has expanded the budget deficit to 2.2 percent of the gross domestic products (GDP) followed the potential short fall on tax revenues around 200 trillion Rp (14.29 billion USD). Initially, in the 2019 State Budget, Indonesia targeted the budget deficit at 1.84 percent of GDP. Based on 2019 State Budget data, the government targeted to raise tax revenues to 1,557.5 trillion Rp. But, until October the realization of the tax revenues recorded around 1,000 trillion Rp. Talking with the press, Deputy Minister of Finance Suahasil Nazara blamed the uncertain global economic conditions as the reasoned the tax revenues lower that this year target. To finance the deficit, the government will release more government bonds to the market and implement budget efficiency, he said. “This needs to be done because we want our economic … [Read more...] about Indonesia raises budget deficit to 2.2 percent of GDP
Singer celebrates Christmas with classical renditions
Soprano Phạm Thùy Dung is seen in a music video for Ave Maria. She will celebrate the festive season with a debut album entitled Moon comprising masterpieces of world music. Photo courtesy of the artist HÀ NỘI — Soprano Phạm Thuỳ Dung will celebrate the festive season with a debut album entitled Moon, comprising masterpieces of world music. The CD contains classic songs such as Ave Maria, Solveig’s Song, Villanelle, The Phantom of the Opera and The Blue Danube. She also performs some Vietnamese songs composed by Dương Cầm and Vũ Minh Tâm. Two famous singers Đăng Dương and Tùng Dương will also perform in duets with Dung on this album. Divo Tùng Dương said he’s interested in this album and is determined it will be successful in the genre of symphony orchestra. “Her voice is brilliant and emotional,” Dương said. … [Read more...] about Singer celebrates Christmas with classical renditions
