Illustrative image (Source: VNA) Hanoi (VNA) - Though Vietnam is said to have certain advantages, to maintain sustained success, the country should be a diligent student of not only the upsides, but also the lessons learnt of other countries, said Moritz Kraemer, former Global Chief Ratings Officer of Sovereign Ratings Group at S&P Global and currently the Chief Economist, Head of Research of Landesbank Baden Wuerttemberg (LBBW). Speaking to Vietnam News Agency, the expert held that the world is in turmoil, and the old model of globalisation is severely tested as erstwhile reliable supply chains are ruptured and seem to refuse to heal. Moreover, inflation appears to be getting out of hand in much of the advanced economies as commodity prices soar and labor becomes increasingly scarce. Moritz Kraemer, former Global Chief Ratings Officer of Sovereign Ratings Group at S&P Global (Photo: VNA) He predicted that international companies will progressively search … [Read more...] about Vietnam remains a place of seemingly limitless promise: experts
First woman to climb mount everest
A summer of fun and learning for Ho Chi Minh City children
Children from across Ho Chi Minh City have spent their first few weeks of summer visiting the children’s section of the General Sciences Library, located in downtown District 1, to read in a comfortable environment and participate in a variety of clubs and activities. Nguyen Ngoc Lan, a fifth grader from District 3, has spent nearly the entire week at the library eagerly reading books and participating in the dozens of activities hosted by staff and guests there, including storytelling sessions and advice on choosing new books to read. New books, new activities Lan did not have much love for reading when her mother first brought her to the library, but the time the young girl has spent making new friends and enjoying the library’s activities has turned her into a true bookworm with a particular interest in outer space and comics. Fourth grader Viet Quan and his sister, first grader Huong Thanh, have also been spending their mornings at the library. The siblings are … [Read more...] about A summer of fun and learning for Ho Chi Minh City children
Viet Nam shows ‘seemingly limitless promise’
Dr Moritz Kraemer Dr Moritz Kraemer, the former Global Chief Ratings Officer of Sovereign Ratings Group at S&P Global and currently the Chief Economist, Head of Research of the Landesbank Baden Wuerttemberg (“LBBW”) bank, shared his view of the country and the current global situation with Vietnam News Agency. The pandemic remains unpredictable, and the world is experiencing strong and unusual economic and political changes, could you share your views on the situation? Yes, the world is in turmoil. A terrifying war in Europe could escalate to the unspeakable any day. The pandemic is still a lingering threat that keeps the world economy, and especially some countries in Asia, at bay. The old model of globalisation is severely tested as erstwhile reliable supply chains are ruptured and seem to refuse to heal. Moreover, as if that was not enough, inflation appears to be getting out of hand in much of the advanced economies as commodity prices soar and labour becomes … [Read more...] about Viet Nam shows ‘seemingly limitless promise’
