Part of Van Don district in Quang Ninh province (Photo: VNA) Quang Ninh (VNA) – The northern province of Quang Ninh posted an estimated growth rate of 10.66% in Gross Regional Domestic Product (GRDP) in the first six months of this year, which is 2.64 percentage points higher than the rate in the same period of 2021. In the period, the province has effectively implemented its overall strategy on containing COVID-19 and safely and flexibly adapting to the pandemic, thus facilitating development in the new normal situation. Quang Ninh collected over 27.18 trillion VND (1.17 billion USD at current exchange rate) for the State budget , an increase of 18% year-on-year. Total social investment in the period is estimated at 42.3 trillion VND, up 10.9% from the same period last year. The tourism industry of Quang Ninh has also enjoyed a stable recovery, serving 5.5 million visitors in the six-month period, a 2.2-fold rise year-on-year. The figure also showed a 19.57% increase … [Read more...] about Quang Ninh posts 10.66% economic growth for first half
Second half highest scoring half prediction
Additional oil spike impacts cannot be ruled out
Marcel Schröder, Economist, Economic Research and Regional Cooperation Department Asian Development Bank At the beginning of the conflict, the crude oil price breached $130 per barrel in March, the highest since 2008. Since then, it retreated to about $100 in April, before rising again to $120 following the European Union’s partial ban on Russian oil in May. Some worry that the oil price could spike to $200 per barrel in the coming months and how such a shock would impact the economic prospects of Asia’s developing countries. While many institutions, including ours, project a significantly higher oil price in 2022 compared with 2021, these predictions do not foresee $200 per barrel because they attach a low probability of a sudden shock to the global oil supply. A sudden shock is unlikely given the EU’s decision to gradually phase out Russian oil imports by the end of 2022, allowing an orderly transition to alternative supplies and keeping prices stable and affordable for … [Read more...] about Additional oil spike impacts cannot be ruled out
AFC Cup: Viettel defeat Phnom Penh Crown 1-0
After Cambodian players lost control of the ball Viettel's Nguyen Hoang Duc stole it and passed it to Thuong who essayed a beautiful long shot from a distance of 30 meters to find the net in the ninth minute. Having drawn first blood, Viettel played slowly, trying to control the ball and waiting for a favorable opportunity to attack. As the match progressed, it was evident that the V-League 2020 champions were sticking to their defensive style, not taking the option to counterattack on several occasions. The start of the second half was difficult for Viettel and the team kept revealing gaps in its defence that Phnom Penh Crown were not able to take advantage of. Viettel head Group I after two matches. … [Read more...] about AFC Cup: Viettel defeat Phnom Penh Crown 1-0
Vietnam up 39 notches in global quality of life index: CEOWORLD
Vietnam has greatly improved its living standards as it jumped 39 places to become the 62nd-best country worldwide for quality of life in 2021, according to a report by CEOWORLD . The Southeast Asian nation earned 78.49 points, ranking 62nd out of 165 countries and territories, registering a sharp improvement from its 101st position among 171 countries in 2020. It ranked seventh in the region, while Singapore took the lead with 87.64 points, followed by Thailand, the Philippines, and Malaysia. Singapore also held the 19th position in the global rankings. Finland was named the world’s best country for quality of life last year with 99.06 points, while Denmark and Norway ranked second and third, respectively. “Being safe, politically stable, and having a well-developed public health system drove Finland’s quality of life ranking to the top of the Best Countries 2021 list,” said CEOWORLD, a business and trade magazine. Belgium came in fourth in the rankings, over Sweden, … [Read more...] about Vietnam up 39 notches in global quality of life index: CEOWORLD
Hà Nội to change tactics without star Hải
Vladimir Siladi of Hà Nội (left) opened the score for his team in a V.League 1 match against Nam Định on Sunday. The game ended 1-1. Photo of VPF HÀ NỘI — Hà Nội FC coach Chun Jae-ho said his team would have to find a suitable playing style without midfielder Nguyễn Quang Hải who has left for international competition. Hà Nội missed their chance to top the V.League 1 table on Sunday after a 1-1 draw against hosts Nam Định at the Thiên Trường Stadium. Vladimir Siladi opened the scoring at the 68th, and Marcio Marques levelled for Nam Định 10 minutes later in the late round three match, which was delayed because of players' COVID problems. "Having Quảng Hải in the team is great. He is a smart and creative player who can control the ball or open attacks. But he has gone, so we need to build a playing style based on our current players," said coach Chun Jae-ho. Hải ended his contract with Hà Nội in April and left for France on June 27. He will have a medical check, and if things … [Read more...] about Hà Nội to change tactics without star Hải
Surge in COVID-19 cases unlikely in Malaysia: expert
A health worker injects COVID-19 vaccine for a local resident in Selangor, Malaysia. (Photo: XINHUA/VNA) Kuala Lumpur (VNA) – Malaysia is not likely to see an exponential spike in daily Covid-19 cases despite the possibility of facing a new wave of infection in the next few months, local media said, quoting the opinion of a virologist. Dr Kumitaa Theva Das at Universiti Sains Malaysia said what set Malaysia apart from other countries currently facing the new wave of COVID-19 infections were high vaccination and booster rates. According to her, the vaccination and booster rates in Malaysia are one of the highest in the world, so it provides a certain amount of protection, at least against severity against re-infections. Malaysia also retain its indoor mask-wearing mandate and people are still wearing them outdoors, which are effective in keeping people safe, she said. Earlier, Health Minister Khairy Jamaluddin cautioned Malaysians to brace for a possible new … [Read more...] about Surge in COVID-19 cases unlikely in Malaysia: expert
Vietnam’s ministries and private sector sit down on circular economy talk
The Vietnam Circular Economy Forum 2022 illustrates the efforts of key stakeholders to establish a circular economy for sustainable development in Vietnam The forum is organised by the Ministry of Natural Resources and Environment in collaboration with relevant agencies. It welcomes nearly 500 delegates, which are representatives of ministries, municipalities, foreign embassies, international organisations, as well as research and educational institutes. The event’s purpose is to examine feasible circular economic (CE) models for Vietnam in light of the finest regional and global practices. In addition, it will specify the procedures, policies, and financial resources necessary to foster CE in the country. According to the Asian Development Bank Institute (ADBI), developing Asia's ongoing reliance on fossil fuels and raw materials for manufacturing continues to strain already vulnerable ecosystems. Vietnam has the second-highest levels of air pollution in Southeast Asia in … [Read more...] about Vietnam’s ministries and private sector sit down on circular economy talk
Can Tho posts three-year high economic growth
Le Thanh Tam, Director of the municipal Department of Planning and Investment, said the growth rate is the second highest among the five centrally-run cities in the country. Specifically, the agro-forestry-fishery sector expanded by 3.28%, industry-construction 11.8% and services 7.62%, contributing 0.4%, 3.56% and 3.95% to the overall growth rate, respectively. The Index of Industrial Production picked up 12.86% year-on-year, while the export turnover of goods and services top 1.1 billion USD, up 15.16%. Total revenues from retails and services were estimated at 55.5 trillion VND (2.39 billion USD), an increase of 21.09%. However, the low disbursement of public investment has affected the growth of some sectors, such as construction with a growth rate of 4.88%. The director said the planning and investment sector will work closely with other sectors to implement tasks to promote economic recovery and development in the remaining months of the year. He said if set plans and … [Read more...] about Can Tho posts three-year high economic growth
Vietnam star midfielder good addition to French league: sports newspaper
"It’s both a gamble and a nice move by Pau FC. The club have indeed chosen Nguyen Quang Hai for his potential and also for what he represents in Southeast Asia. With nearly 800,000 followers on Instagram and over 2.5 million likes on Facebook, the midfielder can attract not just the fans but also media and various sponsors," L’Equipe wrote. The famed newspaper called Hai the "Vietnamese Messi" and stated his presence would benefit Ligue 2. "For his first experience in Europe, he wanted to find a club that is capable of offering him playing time in the hope of a breakthrough and aiming even higher. He is sure to be one of the attractions of Ligue 2," it said. Hai is expected to undergo a medical in two days and sign his two-year contract with Pau FC, plus an optional year, making him the first-ever Vietnamese player to play in a pro league in France. In six seasons with his former club Hanoi FC, Hai played 126 matches, scored 35 times and won every domestic title and Vietnam … [Read more...] about Vietnam star midfielder good addition to French league: sports newspaper
Vietnam jumps 39 notches in CEOWORLD quality of life rankings
The Southeast Asian country scored 78.49 points, ranking 62nd out of the 165 countries, a great leap from its ranking of 101st out of the 171 countries in the previous year. A boy happy playing with bubbles on Hoan Kiem Lake pedestrian street (Photo: VNA) Finland was named as the best country in the world in 2021 for quality of life with 99.06 points, while Denmark and Norway came second and third with 98.13 points and 96.75 points, respectively. Japan came first among the Asian nations, while Singapore topped the Southeast Asian region in the rankings. The 165 nations were chosen because they contribute most to the world's GDP. More than 258,000 people around the world were asked to evaluate the countries based on 10 metrics ranging from stability to transparency and equality. Source: NDO/VNA … [Read more...] about Vietnam jumps 39 notches in CEOWORLD quality of life rankings