Illustrative image (Photo: vietnamnet) Hanoi (VNA) – The bustling game market in Vietnam is offering numerous opportunities for developers, according to experts. Le Quang Tu Do, Director of the Authority of Broadcasting , Television and Electronic Information under the Ministry of Information and Communications (MIC), cited data from App Annie 2020 showing that Vietnam ranked seventh in the world and second in Southeast Asia in the number of game downloads. Meanwhile, the country also ranked third in the top 10 game application manufacturers in the region. For every 25 games downloaded, there is one produced in Vietnamese studios. According to the statistics of Sensor Tower and the Vietnam Game Studio Club, there are currently about 5,000 games produced by Vietnamese people, mostly for children, entertainment, and education. Do said that the wage of each game developer in Vietnam is about 187 million VND (7,975 USD) per year, while that of each artist is abour 389 million … [Read more...] about Local game developers eye great opportunities at home
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Japan to drop mask guidance, relax Covid strategy
Japan's government will drop its recommendation to wear masks indoors and downgrade its medical classification for Covid-19, Prime Minister Fumio Kishida said Friday. Japanese Prime Minister Fumio Kishida removes his face mask before his speech during a plenary session of the upper house of parliament in Tokyo on January 27, 2023. (Photo by Kazuhiro NOGI / AFP) The changes, effective from early May, will classify the disease on the same level as the flu, down from its current status on par with tuberculosis and SARS. "As for masking, regardless of indoors and outdoors, the decision will be left up to individuals," Kishida told a televised government meeting. "We will take further steps towards 'life with corona' and make steady progress on returning to normality in homes, schools, workplaces, neighbourhoods and all facets of life." Masks are ubiquitous in public places and are commonly worn outdoors as well, despite the government having already said they … [Read more...] about Japan to drop mask guidance, relax Covid strategy
Prime Minister praises Ring Road 4 project’s land clearance
Prime Minister Pham Minh Chinh asked the ministries to quickly resolve the relevant issues to keep the ring road project moving forward as planned. Hanoi and the two provinces of Bac Ninh and Hung Yen have made big progress in land clearance for the construction of the Ring Road 4, Prime Minister Pham Minh Chinh said on January 27. Prime Minister talks to local people that live in the area of the Ring Road 4 on January 27. Photo: Vietnam News Agency At the moment, Hanoi municipal authorities have developed a land clearance plan for the whole 58.2-kilometer stretch of the ring road that runs through Hanoi. The capital has relocated almost two fifths of all the graves found along the ring road. Hung Yen Province has cleared land in Van Giang, Khoai Chau, Yen My and Van Lam districts and moved almost 16% of all graves along the ring road. Meanwhile, Bac Ninh Province does not have a plan to relocate graves and cemeteries in the project area, but Bac Ninh … [Read more...] about Prime Minister praises Ring Road 4 project’s land clearance
Retail market forecast to bustle this year
According to the Ministry of Industry and Trade (MoIT), the scale of the Vietnamese retail market is USD 142 billion, which is expected to reach USD 350 billion in 2025, with contribution of 59% to total GDP. Last year, the total revenue from retail sales of goods and services rose 21%, exceeding the target of 8%. A survey by Vietnam Report showed that over 53.8% of total retail firms enjoyed similar and higher business results compared to the pre-pandemic level. Experts held that growth of retail sales is being supported by rise in income and the strong recovery of the tourism sector as well as relevant sectors such as transport and accommodations, as well as the effectiveness of inflation control measures. Particularly, from now to the lunar New Year (Tet) Festival, which falls in late January, consumers are predicted to loosen their wallet dramatically. At the same time, there are signs of vibrant retail activities as many foreign investors have announced their plans to … [Read more...] about Retail market forecast to bustle this year
Urban flooding needs concerted solutions
A street in Hanoi is flooded after heavy rains. (Photo: VNA) Hanoi (VNA) – Alongside urbanisation , flooding in cities of Vietnam, a country highly vulnerable to climate change, is getting complicated and needs concerted solutions, according to experts. There are more than 800 cities nationwide, including the two special municipalities of Hanoi and Ho Chi Minh City. Big and populous cities such as Hanoi, Ho Chi Minh City, Da Nang, and Vinh of Nghe An province have frequently suffered from heavy losses caused by downpours and flooding. Nguyen Van Tien, Deputy Director of the Vietnam Disaster Management Authority under the Ministry of Agriculture and Rural Development, said Vietnamese cities, especially major ones, are centres of economic, social, and cultural activities and also concentrations of infrastructure facilities and residential areas. They are exposed to many disaster risks, including flooding, which requires proactive preventive and timely response measures. … [Read more...] about Urban flooding needs concerted solutions
Prime Minister urges banking sector to make more innovations
The sector should continue to follow policies and guidelines adopted by the Party and the State, while closely coordinating with ministries, agencies and localities to fulfill socio-economic tasks, he said. Priorities should be given to maintaining the macro-economic stability, controlling inflation, spurring growth and ensuring major economic balances, the leader continued. Prime Minister Pham Minh Chinh asked the State Bank of Vietnam (SBV) to improve its analyzing and forecasting capacity, provide timely consultancy and flexibly respond to developments of the domestic and international situation. The central bank was also urged to intensify inspection and supervision, ensure transparency, promote digital transformation, raise service quality, and support innovations and small- and medium-sized enterprises. It needs to further consolidate monetary institutions, mechanisms and policies to create a concerted legal corridor, thus giving a push to the monetary and credit markets, … [Read more...] about Prime Minister urges banking sector to make more innovations
Cao Bang marks VPA’s 70th founding anniversary
PANO – Cao Bang province on December 15 th solemnly organized a ceremony to mark the 70 th founding anniversary of the Vietnam People’s Army (VPA) and 25 th anniversary of whole people’s defence day, and announce Tran Hung Dao forest’s recoginition as a special national relic site. The event was attended by State President Truong Tan Sang. Opening the ceremony, Secretary of Cao Bang Provincial People Committee and Chairman of the provincial People’s Council Ha Ngoc Chien recalled the establishment and victorious revolutionary traditions of the VPA and the province. Art performance at the ceremony On December 22 nd , 1944, as instructed by President Ho Chi Minh, the Vietnam People’s Army (VPA) was founded in Tran Hung Dao forest in Tam Kim commune, Nguyen Binh district, Cao Bang province. Of the first 34 soldiers of the army at that time, 25 were from ethnic minorities in Cao Bang. Three days after its establishment, with ingenuity and couragousness, … [Read more...] about Cao Bang marks VPA’s 70th founding anniversary
Vietnam’s Da Lat City overcrowded with vehicles of Tet goers
All major streets in Vietnam’s tourist highland city of Da Lat were packed with vehicles on Thursday, the last day of the seven-day Tet break (2023 Lunar New Year) as so many personal cars and passenger vans traveled to the city. The traffic jams were serious as so many vehicles entered the city center even though the number of visitors during this Tet was not too big compared to last year’s edition, as noted by Tuoi Tre (Youth) newspaper reporters. Tran Manh Son, a visitor from Ho Chi Minh City, told Tuoi Tre that it took him nearly an hour to drive his family in his car for a distance of about three kilometers from a hotel on Trieu Viet Vuong Street to Tran Hung Dao Street. “Cars and larger vehicles were overloaded everywhere, so many cars inched a bit, as slow as walking,” Son said. The area of Xuan Huong Lake was constantly congested from 8:30 am to 11:00 am, and the same situation was recorded in many other sites, including the city’s flower garden, the Ong Dao … [Read more...] about Vietnam’s Da Lat City overcrowded with vehicles of Tet goers