Fidelity growth partners europe

The 2019 Human Development Report, published by the United Nations Development Program (UNDP), used data from 189 countries and territories to rank them based on the three HDI components of longevity, education and per capita income. Vietnam's 2018 HDI was 0.693, placing it 118th in the ranking and in the upper end of the Medium Human Development group, the report says. It notes that from 1990 to 2018, Vietnam had an average annual HDI growth of 1.36 percent, the 20th best rate of all countries and territories. Vietnam's growth was also the fourth fastest in Southeast Asia, behind Laos (1.49 percent), Cambodia (1.49 percent) and Myanmar (1.85 percent). In the covered period, life expectancy in Vietnam increased by 4.8 years, its mean years of schooling by 4.3 years, its expected years of schooling by 4.9 years and its Gross National Income per capita by 354.5 percent. Meanwhile, Vietnam's loss of HDI value and income due to inequality in 2018 was 16.3 and 18.1 percent, respectively, … [Read more...] about Vietnam strides forward in human development index growth

The agro-forestry-aquatic sector boasts great potential to attract more investment, while also contributing to the country’s export turnover (Photo: Le Toan) Over the past few months, TH Group has spent millions of US dollars on beefing up production of fresh milk products. Not only being locally consumed, these products are also exported to China, where TH has become the first Vietnamese enterprise to be allowed by China’s authorised agencies to export fresh milk products into this gigantic market with a population of 1.4 billion people. Under a protocol signed in April between Vietnam’s Ministry of Agriculture and Rural Development (MARD) and China’s General Administration of Customs on veterinary and health requirements for dairy products to be exported, TH Group has met all strict requirements and conditions set by China. Also, in April, TH Group inked an MoU for a strategic partnership on market development and consumption of foodstuffs, farm produce, … [Read more...] about Agriculture driving economic growth

An overview of the meeting (Photo: VNA) Moscow (VNA) – Vietnam is a reliable partner of Russia, affirmed Chairman of the Russian State Duma Vycheslav Volodin while co-chairing the first meeting of the Vietnam-Russia Inter-Parliamentary Cooperation Committeetogether with Vietnamese National Assembly Chairwoman Nguyen Thi Kim Ngan in Moscow on December 11. Speaking at the event, Vycheslav Volodin noted that Russia and Vietnam shared a traditional friendship as well as a trustworthy and close partnership. Noting that leaders from both sides have maintained regular meetings, he held that along with government channel, other cooperation models are available to boost bilateral collaboration. He underlined the need to promote their economic partnership as the two sides have yet to reach the goal of 10 billion USD in two-way trade. In 2018, the figure was 6 billion USD, and is likely to be lower in 2019. He suggested that participants at the meeting seek ways to remove obstacles to … [Read more...] about Vietnam a reliable partner of Russia: State Duma Chairman

Deputy Prime Minister and Foreign Minister Pham Binh Minh (Photo: VNA) Hanoi (VNA) - Deputy Prime Minister and Foreign Minister Pham Binh Minh will attend the 14th Foreign Ministers’ Meeting of the Asia-Europe Meeting (ASEM) slated for December 15-16 in Madrid, Spain. Vietnam joined in ASEM as a founding member in 1996, marking an important step in the country’s foreign policy on multilaterisation and diversification of relations and international integration. Among Vietnam’s 28 strategic and comprehensive partners, 22 are ASEM members, and all ASEM members are the country’s leading economic and trading partners. In combination, they account for 70 percent of the country’s total foreign direct investment (FDI) and international trade value, and 80 percent of international tourists. A total 14 out of 16 free trade agreements (FTA) Vietnam has signed or is negotiating are with ASEM partners. Over the years, Vietnam has proven itself as a dynamic and … [Read more...] about Deputy PM-FM Pham Binh Minh to attend 14th ASEM Foreign Ministers’ Meeting

Vishal Shah, Head of Business Banking Division at the Vietnam Technological and Commercial Joint-stock Bank (Techcombank), shared in an interview about how the bank implemented credit support programs for enterprises in the past years. Mr. Vishal Shah Q: Doing Business 2020 report published by WB has evaluated Vietnam's credit access index and the ranking of Vietnam has increased by 7 levels. What do you think about this ranking in Doing Business 2020 report? This is a remarkable achievement for Vietnam.  It also demonstrates that the Vietnamese banking industry has well supported the implementation of Government's resolutions on improving the business environment and creating favorable conditions for individuals and enterprises to access credit in a fair and transparent manner. This result also shows the determination of the country in forming a stable macroeconomic environment to attract both domestic and foreign investors. Q: Mr. Vishal, in order to contribute to the growth … [Read more...] about Bank to enhance digital technology platforms for better customer support