Marking 20 years of APEC successes Whilst making his TV show, The Airport Economist, Tim Harcourt visited over 60 economies during the past seven years. One country in particular that has always stood out to him is the enchanting land of Vietnam, one of the emerging ‘second generation’ tiger economies of Asia. Vietnam, with a young and vibrant population, is the latest poster child for attracting foreign direct investment (FDI), and has been developing the much needed infrastructure that is required to get the economy moving. Harcourt, who is also an economist, told VIR that Vietnam is considered a ‘transition tiger’ economy, moving from a planned economy to one that is more open and market orientated. The economy has grown at an annual average rate of above 6 per cent over the past decade. In addition to strong economic growth, inflation and unemployment have both remained at a low level. “Vietnam has positively changed itself thanks to joining a … [Read more...] about Marking 20 years of APEC successes
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Netflix Inc snagged two million more subscribers than Wall Street expected in the final three months of 2017, tripling profits at the online video service that is burning money on new programming to dominate internet television around the world. The results drove Netflix to a market capitalization of more than $100 billion for the first time. Shares jumped 9 percent to over $248 in after-hours trading on Monday after rallying throughout the month and rising 53 percent last year. The company has signed up more than half of all U.S. broadband households and is building its customer base in 190 countries by spending billions on programming. Netflix picked up 6.36 million subscribers in international markets from October through December, when it released new seasons of critically acclaimed shows "Stranger Things" and "The Crown" as well as Will Smith action movie "Bright." That topped Wall Street expectations of 5.1 million, according to FactSet. Along with 1.98 million customer additions … [Read more...] about Netflix crosses $100 bln market capitalization as subscribers surge
Viet Nam News Thu Anh HCM CITY - Dozens of TV music shows are attracting millions of viewers who like watching music at home for free instead of going out for live shows. Are the glory days of the music scene over? Many singers are refusing to back big concerts except those that receive sponsorship from major commercial companies. Instead, they have chosen to perform on game shows such as The Voice of Việt Nam and Việt Nam Idol, both versions of American TV shows, and Solo Cùng Bolero (Singing Bolero). While pop star Đàm Vĩnh Hưng has worked as a judge on Solo Cùng Bolero this year, his competitor, Mỹ Tâm, has performed on The Voice of Việt Nam show. Young singers like Noo Phước Thịnh and Đông Nhi have been seen on Hòa Âm Ánh Sáng (The Remix), a TV game show that began in 2014. It has attracted a number of teenagers and young people in HCM City and southern provinces. "The more we've invested in big shows, the more we've lost," said theatre director Trần Vi Mỹ, an experienced … [Read more...] about Are game shows killing the live music scene?
Canadian teen pop star Justin Bieber was named by People magazine as the richest teenager in Hollywood, earning 53 million U.S. dollars between May 2010 and May 2011. Powered mainly by 100 million-dollar box office from his concert film "Never Say Never," the 17-year-old rose to the top of a teen pay list which also included Miley Cyrus, 18, a Walt Disney starlet who rose to fame by portraying the title character in popular TV show "Hannah Montana," who turned out second with 48 million dollars. … [Read more...] about Justin Bieber named richest teen in Hollywood
Exhibition revives glory of Dong Son culture The exhibition, 'Dongsonian Arts,' opened this morning at the Viet Art Centre, No.42 Yet Kieu Street in Hanoi. Nearly 100 items are on display including utensils, jewelry, and primitive weapons, as well as musical instruments and textiles that represent the daily lives of ancient Vietnamese people during the Dong Son era. The artefacts were collected from the latest research on the Dong Son culture by the Southeast Asia Prehistory Centre (SAPC). The exhibition also showcases writings and articles on Dong Son culture by Dr. Nguyen Viet, Director of the SAPC. "We hope that the exhibition will provide visitors with an overview of the Dong Son culture, the pinnacle of prehistoric fine arts in Vietnam and Southeast Asia," said Dr. Viet at the opening. The exhibition features photos and Do paper rubbings of the patterns on Dong Son bronze drums, which are masterpieces of Dong Son art. "A bronze drum is not only for decoration, … [Read more...] about ART & ENTERTAINMENT IN BRIEF 27/9