Asia pacific

Eight members of the Vietnamese team pose for a group photo (Photo: vnexpress.net) Of the five gold medallists, three were named among the top ten contestants with highest scores. They are from the Hanoi Star Secondary School, Hanoi Amsterdam High School, and Ngo Gia Tu Secondary School. The APMOPS, organised by Singaporean-based Hwa Chong Institution, is an annual event for under-13 students that sets out to generate greater interest in mathematics among pupils in primary schools and sharpening their problem-solving skills. This year the competition attracted the participation of candidates from 14 Asia-Pacific countries. Source: VNA … [Read more...] about Vietnam wins five gold medals at Asia-Pacific math contest

WB forecasts Vietnam's economic growth to stabilise around 6.5 percent this year - Illustrative image (Source: VNA) Hanoi (VNA) – The World Bank (WB) forecasts Vietnam’s economic growth to stabilise around 6.5 percent in 2018 in its East Asia-Pacific Economic Update released on April 12. The growth is projected to rise further in the short run, if the global recovery remains intact, the bank said. According to the report, while inflation is predicted to remain moderate thanks to a benign global price environment, strong wage growth may ultimately lift core inflation. External balances are projected to benefit from robust exports and FDI inflows. However, the report stressed that there are significant challenges, despite the generally favourable medium-term outlook. “Domestically, a slowdown in structural reforms could weaken the ongoing recovery and weigh on Vietnam’s medium-term potential growth. There is also a risk that fiscal consolidation may erode … [Read more...] about Vietnam’s economy to grow by 6.5 percent in 2018: WB report

Bao Viet Holdings has won the Asia’s Most Transparent Report award presented by CSRWorks International (Photo: VNA) Hanoi (VNA) – Bao Viet Holdings, a financial and insurance services group of Vietnam, has been honoured as the firm with the most transparent financial report in Asia by the Singapore-based sustainability services provider CSRWorks International. Among the 17 categories of the Asia Sustainability Reporting Awards 2018 (ASRA), Bao Viet’s report was nominated in four: Asia’s Best Sustainability Report (Stand-alone), Asia’s Most Transparent Report, Asia’s Best Materiality Reporting and Asia’s Best Sustainable Development Goals Reporting. It won the Asia’s Most Transparent Report, the first time a Vietnamese company has received an award in this category. The Bao Viet report was praised by the ASRA judging panel for using the new Global Reporting Initiative (GRI) Standards and a creative presentation format. Not … [Read more...] about Bao Viet wins Asia’s most transparent report award

At the meeting (Source: http://baodansinh.vn/) Hanoi (VNA) – Vietnamese Deputy Foreign Minister Nguyen Minh Vu attended the 9th Foreign Ministers’ Meeting of the Forum for East Asia-Latin America Cooperation (FEALAC) in Santo Domingo, the Dominican Republic, on November 9. Addressing the event, Deputy Minister Vu highlighted the positive and steady development of the forum over the past 20 years over areas of politics-society, economy-trade, cultural and people-to-people exchange. He proposed that in the coming time, the forum should further exploit the advantage of the two regions on development potential, cultural diversity and people’s dynamism to boost the sustainable, inclusive and creative growth of East Asia and Latin America as well as friendship among people of both sides. He thanked FEALAC member countries for supporting the project initiated by Vietnam in fostering East Asia-Latin America cultural exchange through the Hue Festival. He took the occasion … [Read more...] about Vietnam attends FEALAC foreign ministers’ meeting

A view of Jakarta's skyline. (Photo: AFP/BAY ISMOYO) Hanoi (VNA) - Moody’s Investors Service upgraded its credit rating for Indonesia on April 13, praising the country’s central bank and government policies for boosting confidence in the largest economy of Southeast Asia. Indonesia's efforts in keeping budget deficit and inflation under control led to Moody's boosting its rating to Baa2 from Baa3 with a stable outlook. A better credit rating tends to lower a country's borrowing costs and can make it more attractive to investors. In December last year, Fitch Ratings increased Indonesia's sovereign rating, with Standard & Poor's previously raising Indonesia's credit rating from junk status to investment grade. Indonesia’s economy grew by 5.1 percent in 2017, up from the 2016’s figure of 5 percent, still well below President Joko Widodo's target of 7 percent.-VNA VNA … [Read more...] about Moody elevates Indonesia credit rating