If viewed from the demand side, two factors should be noted as they are detrimental to Vietnam’s GDP growth in 2020. One is the growth rate in the country’s key export markets—namely the EU, China and Japan—is forecast to stage only a modest recovery. Meanwhile, it is very unlikely that export stateside can be as impressive as in 2019, when a rate of 28% was achieved, due to tightened regulations on the country of origin. Two is about consumption in Vietnam where retail sales may be lower than in 2019 as inflation soars, in particular in the first half of 2020. … [Read more...] about Not too many macro fluctuations expected for 2020
Soaring spirits blog
Art of command in 1979 northern border defence war
Hanoi, (VNA) – The northern border defence war in 1979 has demonstrated Vietnam’s strength and intelligence in critical situations. The art of command during that war is analysed in an article by Associate Professor and Doctor Ho Khang, former deputy director of the Vietnam Military History Institute. In early 1979, when the Vietnam People’s Army toppled the reactionary Pol Pot regime in Cambodia and helped the Cambodian people escape from genocide, the Chinese Government joined some Western countries in launching propaganda campaigns distorting the presence of the Vietnamese voluntary troops in Cambodia, with the aim of sabotaging Vietnam’s revolution and imposing its interest on the Indochina peninsula. As both political and diplomatic pressure failed to produce the desired goal, Chinese leaders mobilized around 600,000 troops along with hundreds of tanks and armoured vehicles to open a direct attack on February 17, 1979 on Vietnam along the full length of … [Read more...] about Art of command in 1979 northern border defence war
Bali island shut down for “Day of Silence”
Jakarta (VNA) – Indonesia’s resort island Bali fell quiet on March 7 for the annual “Day of Silence” festival, halting flights, internet and closing tourist attractions to allow time for meditation and introspection. Known locally as Nyepi, the festival marks a new year of Hindus on the island. They are expected to stay at home for 24 hours and self-reflect on the day. Non-Hindus and tourists are also asked to participate by staying indoors for the island’s annual shutdown. Cars and motorcycles are not allowed on the road except in the case of an emergency, lights inside homes and on the street must be switched off, and tourist attractions and shopping centres are all closed. Ngurah Rai International Airport announced it would close for 24 hours starting from 6am on March 7, affecting 468 flights, including 207 international ones. Local authorities also ordered mobile internet providers to shut down for the day, except for essential public services. … [Read more...] about Bali island shut down for “Day of Silence”
Liverpool have not eclipsed Man Utd’s greatest teams, says Solskjaer
"Of course we want to build step by step, and layer by layer and in the end you can just send them out without having to wait until Saturday to do the last preparations because you know what they are able to do. … [Read more...] about Liverpool have not eclipsed Man Utd’s greatest teams, says Solskjaer
Should Vietnam’s film industry be protected?
A reader nicknamed Ly Thong commented: "The price is same but the quality gap is too big. You don’t need to be a genius to know what movie ticket you should buy." … [Read more...] about Should Vietnam’s film industry be protected?
