Fund to vietnam

Vespa motorbike decorated by painter Le Kinh Tai (Photo: VNA) Hanoi (VNA) – Winners of the 2022 “De Men” (Cricket) Award for Children will be announced at a ceremony on May 31, during which seven art works and items will be auction ed to raise funds to build or repair schools in mountainous areas. They include the jersey with all signatures of the Vietnamese national football team that championed the AFF Suzuki Cup 2018, the jersey of player Duy Manh – Ambassador of the “Schools for children” programme, a silk painting by artist Bui Tien Tuan, an oil painting by Pham An Hai, another by Pham Duy Quynh, a watch branded Ernest Borel GS8380C-22, and a Vespa motorbike decorated by painter Le Kinh Tai. The auction for the “Schools for children” programme was launched by the Vietnam News Agency’s The thao va Van hoa (Sports & Culture) newspaper on April 14 to connect artists, donors and the educational sector of localities so as to build or repair schools in far-flung … [Read more...] about Seven art works, items to be auctioned to raise funds for mountainous schools

World Health Organization members formally agreed on Tuesday to a plan to overhaul its funding model which has been described as "fundamentally rotten" due to its over-reliance on the whims of donors. The plan, which members had already agreed to on a preliminary basis last month, is seen as one of the most important likely outcomes of the U.N. agency's ongoing annual World Health Assembly in Geneva this week, at which the body is seeking a central role in global health policy. The agreement would mean that obligatory fees rise to up to 50% of the WHO budget by 2030-2031 at the latest, provided the body implements members' reform suggestions. The United States and Germany are the biggest country donors to the Geneva-based organization. Mandatory fees from the WHO's 194 members used to account for the bulk of the U.N. health agency's budget. That portion has shrunk to just 16% in recent years, WHO data shows. That has made it over-reliant on thousands of individual donations … [Read more...] about WHO donors agree to fix ‘rotten’ funding model

Vietnam’s scholars are ready for study success in Australia The 55 awardees, drawn by central and provincial governments, NGOs, academic institutions, and the private sector, will undertake studies in a range of areas that support Vietnam’s long-term development. These include natural resource management, entrepreneurship, gender equality, disability inclusion, and vocational education management. This year, the scholarships included ten students under the Mekong-Australia Partnership – a regional initiative by Australia to support Mekong countries with common challenges. These scholars will have access to additional enrichment activities that will equip them with the skills needed to contribute to Vietnam’s emerging regional challenges. Australia’s Ambassador to Vietnam, HE Robyn Mudie said, “We will continue to support Vietnam to build its skills and capacity. These scholarship students are future leaders who will strengthen the Australia-Vietnam partnership and will … [Read more...] about Vietnam’s scholars ready for study success in Australia

DAVOS, Switzerland -- A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said. In a sign of the escalating squeeze on food supplies and rising prices, a government source told Reuters that India could restrict sugar exports for the first time in six years to prevent a surge in domestic prices. Meanwhile Indonesia, the world's biggest palm oil exporter, will remove a subsidy on bulk cooking oil and replace it with a price cap on the raw materials for local refiners. "It is a major issue, and frankly I think the problem is even bigger ahead of us than it is behind us," Gita Gopinath, first deputy managing director of the International Monetary Fund, told Reuters of rising food security concerns. Protectionism is looming large at Davos, prompting calls for urgent negotiations to avoid a full-blown trade war. … [Read more...] about Food crisis fuels fears of protectionism compounding shortages

Tourism is an important contributor for VN's economy. Risk of slow growth Many forecasts released recently believe that Vietnam's economy will recover stronger. The GDP growth rate in the first quarter of the year is estimated at 5.03 percent, inflation is well under control so far, and the Consumer Price Index (CPI) in the first four months of the year has increased by 2.1 percent. However, despite optimism about the prospect of recovery, all forecasts warn that Vietnam needs to be cautious with the risk of slow growth against rising inflation. Asso. Prof. Dr. To Trung Thanh from the National Economics University, said that with the pandemic situation well under control and the economy receiving a boost from the new economic recovery support package, now economic growth can reach a target of 6.5 percent as expected. However, even if the growth rate reaches 6.5 percent, the average growth rate for the period 2020 to 2022 will be only 4 percent, much lower than the average … [Read more...] about Mindset change needed to face rising inflation

A section of Ho Chi Minh Road in Binh Phuoc province (Photo: VNA) Hanoi (VNA) – About 86.1 percent of the Ho Chi Minh Road project has been completed, and the Government is working on the remaining sections so as to finish the entire project by 2025, Minister of Transport Nguyen Van The said on May 24. Reporting on the project implementation to the National Assembly (NA), he said under a resolution of the NA, this project, stretching 2,744km in total from Pac Bo in northern Cao Bang province to Dat Mui in the southernmost province of Ca Mau, should have had at least two lanes and been completed by 2020. So far, 2,362km of the road, equivalent to 86.1 percent, along with about 258km of access roads, has been completed. About 211km is current under construction while capital hasn’t been allocated for building the remaining 171km. The said as the project holds great significance in terms of politics, economy, defence - security, and poverty reduction, it has received great … [Read more...] about Government urged to complete Ho Chi Minh Road project by 2025