Cái Răng Floating Market in the Mekong Delta city of Cần Thơ. — VNA/VNS PhotoViet Nam News HÀ NỘI — Việt Nam’s economy continues to perform well, propelled by the sustained global recovery and continued domestic reforms, according to a new World Bank (WB) report. The report, titled “Navigating Uncertainty”, is the October 2018 edition of the World Bank East and Pacific Economies Update. Released on Thursday, it says that Việt Nam’s medium-term outlook has improved further. The country’s real gross domestic product (GDP) is now projected to expand by 6.8 per cent in 2018, up from 6.5 per cent in the WB’s previous projection in April. The economic growth is also projected to moderate to 6.6 per cent in 2019 and 6.5 per cent in 2020 due to the forecasted cyclical moderation of global demand. Despite reduced slack in the economy, the WB expects inflation to remain around the 4 per cent … [Read more...] about Domestic reforms propel Việt Nam’s robust economic growth: WB
Fishery
Storm Kammuri hits South China Sea, rough seas expected
As of 7 a.m. on Wednesday the storm lay centered 480 km east-northeast of Southwest Cay Islet in Vietnam's Spratly Islands with wind speeds of up to 115 kph, according to the National Center for Hydro-Meteorological Forecasting. In the next 24 hours it is expected to move west-northwest at around 15 kph, centered 400 km to the north of Southwest Cay with winds of 90 kph on Thursday morning. In the next 48 hours the storm, the seventh to affect Vietnam this year, will turn south-southwest at 10-15 kph and weaken into a tropical depression. By 7 a.m. on Friday its eye is expected to move to 160 km north-northwest of Southwest Cay, and the maximum wind speed will be down to 60 kph. Rough seas can be expected for the next few days in the northern and middle regions of the East Sea. As of 6 a.m. on Wednesday 11 fishing vessels were still in the storm’s vicinity, the Vietnam Border Defence Force and the Directorate of Fisheries said. Authorities are trying to warn them about the … [Read more...] about Storm Kammuri hits South China Sea, rough seas expected
Canada vows to help Can Tho in agriculture, health care, environment
Canadian Consul General in Ho Chi Minh City Kyle Nunas (L) and Vice Chairwoman of the municipal People’s Committee Vo Thi Hong Anh (Photo: VNA) Can Tho (VNA) – Canadian Consul General in Ho Chi Minh City Kyle Nunas and authorities of the Mekong Delta city of Can Tho on December 9 committed to bolstering bilateral cooperation in various areas, especially agriculture, health care and environment. During a working session in the city, Vice Chairwoman of the municipal People’s Committee Vo Thi Hong Anh said it is developing high-tech, eco-friendly and sustainable agriculture, as well as high-quality health care, which are also Canada’s strengths. She added that the city calls on foreign investors to provide modern equipment for a local cardiovascular hospital project. According to her, Can Tho also plans to establish a disease control centre to improve forecast and prevention of diseases for local residents. Nunas, for his part, said Canada is … [Read more...] about Canada vows to help Can Tho in agriculture, health care, environment