Vietnam has made good progress in human development, with an average annual Human Development Index (HDI) growth of 1.36 per cent during the 1990-2018 period. A group of ethnic minority women in the mountainous district A Luoi in the central province of Thua Thien-Hue receive training on making brocade products commercially, as part of a programme by Vietnam Rural Industries Research and Development Institute and USAID aiming to promote sustainable development in the area. VNA/VNS Photo Ho Cau This places Vietnam among the group of countries with the highest HDI growth rates in the world. This is one of the key finding of the 2019 Human Development Report, released on Monday by the United Nations Development Programme (UNDP) entitled “Beyond income, beyond averages, beyond today: Inequalities in human development in the 21st Century.” Addressing the report launch in Hanoi, UNDP Resident Representative Caitlin Wiesen said the 2019 Human Development Report disclosed … [Read more...] about Vietnam makes progress in human development: experts
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Drought, water shortages pose a big threat for Vietnam
Prof. Tran Thuc, chairman of the Vietnam Association of Meteorology and Hydrology, told the Voice of Vietnam online newspaper that Vietnamese central provinces are likely to suffer from severe drought and salt intrusion in the 2019-20 dry season. Severe drought hits central Vietnam Climate change: Quang Binh faces severe drought Water shortages loom for Hanoi as Da River dries up Sapa faces serious water shortage Professor Tran Thuc, chairman of the Vietnam Association of Meteorology and Hydrology. — Photo baotainguyenmoitruong.vn Is Vietnam included in the list of countries seriously hit by water shortage? Total rainfall in the Mekong basin from early June to July 25 this year is much lower than the average of the same period for many years – by 30 to 70 per cent. The water levels in the sub-Mekong region are also lower than the average water level for many years by between 2.5 to 5.5m. The water level in the Mekong Delta region of Vietnam is also much … [Read more...] about Drought, water shortages pose a big threat for Vietnam
Vietnam textile industry orders hit by African competition
Normally, by the end of a year they would have enough orders for the whole of the following year, Nguyen Van Thoi, chairman of TNG Investment and Trading JSC, which makes garments, said. But this year many businesses have said they do not have enough orders for 2020, with some reporting a 20 percent drop in orders from last year. Besides, many have not signed long-term contracts for products, only monthly or quarterly, Thoi said. A Vietnam Textile and Apparel Association (VITAS) official, who did not wish to be named, said many orders have shifted to emerging countries in Africa, while competition with textiles superpowers like China, India and Bangladesh is becoming increasingly fierce. "Even China’s orders are being transferred to countries with preferential tariff rates such as Bangladesh and Cambodia." Not only Vietnamese textile and garment producers, but also its fiber industry is facing increasing competition from foreign businesses and rivals in countries such as … [Read more...] about Vietnam textile industry orders hit by African competition
Vietnam’s business environment changing for the better: European commerce chamber
Vietnam’s government has been praised for its economic and administrative development by the European Chamber of Commerce in Vietnam (EuroCham), an organization representing over 1,000 European businesses. “The chamber appreciates the continued constructiveness and openness of the government in understanding the essential role of businesses and treating them as partners in increasing trade, investment and economic development,” EuroCham stated in the 10th edition of its Whitebook. EuroCham praised the government for cutting over 5,000 administrative procedures and creating opportunities for small and medium-sized enterprises to enter the market. “We can see positive changes and results in completing Vietnam’s regulations and law,” said Nicolas Audier, co-chairman of the chamber. The Whitebook also describes Vietnam as having one of the strongest economic growth rates in the world over the past two decades, with average annual GDP growth of 6.4 … [Read more...] about Vietnam’s business environment changing for the better: European commerce chamber
Who are the women Michelle Obama praised in Vietnam?
Three young Vietnamese women were lauded for their effort by former U.S. First Lady Michelle Obama when they met in the southern province of Long An on Monday. The meeting at Can Giuoc High School in Long An was part of Obama’s trip to Vietnam with American actress Julia Roberts to spotlight girls’ education on behalf of the Obama Foundation’s Girls Opportunity Alliance. They were joined by Vietnamese-American actress Lana Condor, Vietnamese actress Ngo Thanh Van, American news personality Jenna Hager, and American actress Liza Koshy. A video published on Michelle Obama's verified Facebook account on December 9, 2019 about her trip to Long An, Vietnam the same day. At the event, Obama and Roberts listened to the life stories of the Vietnamese women who were the scholarship winners of Room to Read, a program that works to help female students pursue education. The former first lady praised the young women for their effort in overcoming hardship in life to gain … [Read more...] about Who are the women Michelle Obama praised in Vietnam?
