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According to the NA-assigned targets, Vietnam’s GDP growth rate in 2020 will be 6.8% while inflation will be kept below 4%. However, the unexpected outbreak of COVID-19 in more than 200 countries around the world has made this goal a major challenge which, as assessed by the Government, is difficult to be achieved. Given that fact, the proposal to adjust the growth targets is necessary and consistent with objective reality, looking directly at the socio-economic situation and forecasting the international and domestic situation in the near future. Under the Government’s updated scenario, the country’s GDP will grow by about 4.5% in 2020. The Government has also set a higher growth target of 5.4% in the event of a favourable global situation, with the disease being put under control and the global market recovering. Meanwhile, the consumer price index (CPI) for the whole year will rise by 4% on average; total state budget revenue will see a reduction of VND163 trillion … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

The Southeast Asian country has already increased imports of breeding sows and frozen pork by 300 percent year-on-year in the first four months, Tien said in a report at the beginning of this month, in a bid to cool prices of the staple food for its population of more than 96 million.  … [Read more...] about Vietnam allows import of live pigs for slaughter for first time

After having enjoyed mild weather for several days, the capital city of Hanoi will see temperatures rise to 35-37 degrees Celsius as from May 30. Temperatures in several places in the capital will even hit a high of 38 degrees Celsius, while humidity is to fall to 40-45%. … [Read more...] about Another heat wave strikes VN, temperatures rise to 40 again

Monkeys have been increasingly straying into human settlements in India and causing disturbances, even attacking people. Environmentalists say the destruction of natural habitat is the main reason the animals move into urban areas in search of food. … [Read more...] about Monkeys steal coronavirus blood samples in India

"To all of the families & friends of those who have passed, I want to extend my heartfelt sympathy & love for everything that these great people stood for & represent. God be with you!" President Donald Trump tweeted on Thursday, as the US death toll reached 101,573. … [Read more...] about Europe moves ahead with lockdown easing, but caution in Asia