South african economic outlook

A foreign-invested footwear material factory in Thuan An city, Binh Duong province (Photo: VNA) Hanoi (VNA) – Many foreign press agencies have run articles featuring Vietnam’s economic growth, pointing to rosy signs in its recovery. French wire service AFP cited statistics by the General Statistics Office (GSO) showing the economy grew 5.33% in the July-September period from a year earlier, and that loan interest rate reductions, an extension of tax payments and increased public investment had a positive impact. Nikkei Asia also said the growth was accelerated thanks to tourism, noting “the services sector helped boost economic output during the three months through September, driven mainly by retail and tourism. The sector is estimated to account for about 40% of Vietnam's GDP.” “Travelers returned to popular destinations like the central city of Da Nang, with the number of foreign visitors entering the country from July to August reaching 2.25 million, already … [Read more...] about Foreign media upbeat about Vietnam’s economy

The formulation of capital planning is an integral component of Hanoi's endeavors to achieve its developmental goals by 2030, with a forward-looking perspective reaching to 2045. Hanoi commits to transforming into a globally interconnected metropolis by 2045, serving as the country's visage, said Deputy Secretary of the Hanoi Party Committee Nguyen Van Phong at a scientific conference on the Hanoi Planning Orientation for 2021-2030 , with a vision to 2050, held today [September 29]. Overview of the conference. Photos: Thanh Hai/The Hanoi Times Phong said the city's goal is not merely to vie for supremacy with other provinces and cities in the country but to position itself globally, comparable to countries in Asia and the world. During the conference, Deputy Chairman of the Hanoi People's Committee Ha Minh Hai said that the formulation of the capital planning for the 2021-2030 period, with a vision to 2050, is an integral component of Hanoi's endeavors to … [Read more...] about Hanoi aspires to become a global city

Hanoi plans to host more international music festivals, reinforcing its brand as a UNESCO Creative City. Several major music festivals are to be held in Hanoi and Ho Chi Minh City in the last three months of 2023, to build cultural brands and lure domestic and international tourists. The golden girls of the Korean BlackPink Band successfully held a two-night performance in Hanoi last month. Photo: Some Where In Hanoi However, hosting music events on a yearly basis - contributing to the development of the cultural industry - requires significant ground-breaking efforts. Building cultural brands In major cities worldwide, countless cultural events and music festivals are held each year, creating rendezvous and building their brands. Hanoi is not left out of this trend. In addition to Vietnamese rappers Suboi, JustaTee and MCK, the festival will feature the former lead singer of world-famous boy band Boyzone, Ronan Keating , and South Korean … [Read more...] about Branding music festivals requires breakthrough solutions