The Hanoitimes - US President Trump has said that Vietnam is "thriving like few places on earth" and North Korea would be the same quickly once denuclearized. Trump - Kim summit to take place in Hanoi’s Metropole hotel: White House US President Donald Trump tweeted after arriving in Vietnam that North Korea will thrive as Vietnam has done if it denuclearizes. “Vietnam is thriving like few places on earth. North Korea would be the same, and very quickly, if it would denuclearize. The potential is AWESOME, a great opportunity, like almost none other in history, for my friend Kim Jong Un. We will know fairly soon - Very Interesting!” Trump wrote on Twitter Wednesday [February 27]. He also asked Democrats not to tell him how to handle talks with North Korea, claiming they should have acted on the issue while Barack Obama was in the White House. Trump and Kim are set to kick off their two-day summit in Hanoi with a short meeting, followed by a … [Read more...] about Trump touts Vietnam’s economy as model for North Korea
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BUSINESS NEWS IN BRIEF 15/2
Vietnam’s economy set to thrive with new dynamics Vietnam reaped notable achievements in 2018, with economic growth hitting a record high of 7.08%, putting Vietnam on the list of Asia’s fastest-growing economies. New economic dynamics are expected to drive Vietnam forward in 2019 and help it achieve its 5-year plan targets by 2020. Vietnam risks lagging behind in the next decade if it can’t maintain its annual growth of more than 7%. In the government’s recent meeting, Prime Minister Nguyen Xuan Phuc said Vietnam is determined to create more breakthroughs across all fields this year in order to fulfill the 5 year-plan and 10-year strategy. One of the government’s biggest challenges will be helping economic hubs like Ho Chi Minh City and Da Nang revive their growth. Associate Professor Dr. Nguyen Duy Khuong of Singapore’s Lee Kwan Yew School of Public Policy told VOV "It’s important for Vietnam to create a firmer foundation of international … [Read more...] about BUSINESS NEWS IN BRIEF 15/2
Vietnam’s two world-famous destinations grab America’s attention
VietNamNet Bridge - On December 22, the image of the Golden Bridge (Sun World Ba Na Hills, Da Nang City) and the Hoang Lien Son mountain range (Sa Pa, Lao Cai Province) suddenly appeared on the big screen in Times Square (USA), grabbing the attention of people there. This was the first time two famous tourist destinations of Vietnam were promoted at the so-called “Crossroads of the World” or “Center of the Universe”. Many people stopped to watch the full 60-second video clip and were impressed by the poetic and unique images of the two places. Chris, from New Jersey, said: "Wow, such a strange bridge! I heard about it a few months ago. I also saw it on CNN, BBC ... This is an impressive work and it is great that the bridge was built in Vietnam.” For Americans, the Golden Bridge is familiar because major news agencies like CNN, BBC, Reuters and Time Magazine have written a lot about the most unique bridge in Vietnam since it officially opened to the public … [Read more...] about Vietnam’s two world-famous destinations grab America’s attention
Vietnam verifying news of woman jumping to death in Poland’s police raid: report
By Vu Minh  May 25, 2018 | 03:20 pm GMT+7 The incident happened when she was reportedly being held captive during a tax evasion crackdown. Vietnam's foreign ministry is working with Polish authorities to verify reports that a Vietnamese woman had jumped from her apartment and died during a police crackdown against tax evaders, Tuoi Tre newspaper reported. The foreign ministry said the Vietnamese embassy in Poland has reached out to authorities in Warsaw, where the incident was reported, and will take necessary protection measures regarding the citizen and her family, the paper said. BBC on Wednesday cited a report by Polish news site Tvn24.pl as saying that the woman jumped out of the window from the third floor of the apartment building on Wednesday morning, when local police were chasing down tax evaders. The Polish site said this woman was arrested at her apartment before she jumped, got injured and died on the way to the hospital, without revealing her … [Read more...] about Vietnam verifying news of woman jumping to death in Poland’s police raid: report
Vietnam’s ex-Uber drivers shun Grab in favor of local competitors
Former Uber drivers in Vietnam are migrating towards domestic competitors instead of joining ride-hailing firm Grab, which acquired Uber’s Southeast Asian operations last month. Many have opted for firms that offer similar services to Grab, such as Mai Linh and Vato, saying they want to support local businesses where they hope to receive better treatment. Ho Huy, president of Mai Linh, said Uber drivers have been signing up to work for his company since last month, with more coming every day. “At first, there were only a couple of drivers who came to sign up with us. Now we get hundreds of them on our best days,” he told VnExpress. Tran Thanh Nam, CEO of ride-hailing app Vato, said about 5,000 drivers had signed up to work for his firm in just two weeks, ever since word got out at the end of last month that Grab was acquiring Uber, media reports said. Vo Van Phu, a former Uber driver in Ho Chi Minh City, said he felt “sad” about Uber leaving Vietnam as he … [Read more...] about Vietnam’s ex-Uber drivers shun Grab in favor of local competitors