The visit aims to promote ties between the Vietnamese People’s Navy and the Royal Australian Navy and is also part of the Australian Defense Force’s Indo-Pacific Endeavour (IPE19). This is the first time IPE starting from 2017 has included Vietnam as one of its stops in its itinerary. IPE 19 is also visiting other key regional partners including Sri Lanka, India, Malaysia, Thailand, Singapore and Indonesia. Navy Captain Do Minh of Naval Zone 4 welcomed Air Commodore Richard Owen-Commander Joint Task Force 661-Indo Pacific Endeavour 19 to Vietnam with HMAS Canberra and HMAS Newcastle. Air Commodore Richard Owen leads IPE-19 as Commander Joint Task Force 661. HMA Ships Canberra and Newcastle are joined by force elements from the Navy, Army and Air Force as well as representatives of the Department of Foreign Affairs and Trade. In total, the visiting delegation consists of over 800 Australian personnel. Representatives of Vietnam’s Navy Command, Khanh … [Read more...] about Australian naval ships pay goodwill visit to Vietnam
Fundraising to pay off debt
S&P cut its outlook from its previous assessment of "stable" on Thursday, warning that economic rebalancing away from investment towards services was taking longer than expected.Chinese foreign ministry spokesman Hong Lei said on Friday that the country was "in the process of economic transformation" and that economic fundamentals were stable. “We hope the relevant organisation can have a comprehensive understanding of China’s economic development, and make an objective judgement,” he added at a regular briefing. Beijing posted its slowest economic growth in a quarter century last year as it grappled with a tough transition away from dependence on heavy industries toward a consumer-driven growth. Fluctuations in the exchange rate and stock markets last summer and slow progress on market reforms in state-dominated sectors undermined confidence in leaders' willingness to push for change. S&P kept its rating on Chinese sovereign bonds unchanged at … [Read more...] about China insists economy stable after S&P lowers outlook
Three young Vietnamese women were lauded for their effort by former U.S. First Lady Michelle Obama when they met in the southern province of Long An on Monday. The meeting at Can Giuoc High School in Long An was part of Obama’s trip to Vietnam with American actress Julia Roberts to spotlight girls’ education on behalf of the Obama Foundation’s Girls Opportunity Alliance. They were joined by Vietnamese-American actress Lana Condor, Vietnamese actress Ngo Thanh Van, American news personality Jenna Hager, and American actress Liza Koshy. A video published on Michelle Obama's verified Facebook account on December 9, 2019 about her trip to Long An, Vietnam the same day. At the event, Obama and Roberts listened to the life stories of the Vietnamese women who were the scholarship winners of Room to Read, a program that works to help female students pursue education. The former first lady praised the young women for their effort in overcoming hardship in life to gain … [Read more...] about Who are the women Michelle Obama praised in Vietnam?
Illustrative image (Source: www.thaivisa.com) Bangkok (NNT/VNA) - The Rice Policy and Management Committee of Thailand has announced rice stock release plans and expects over 34 million tonnes of rice throughout this year. The Rice Policy and Management Committee on May 27 approved a project to provide over 180 million THB in funding to help farmers with rice harvests and quality improvement costs for the 2016-2017 season. Over 34 million tonnes of rice are expected throughout this year, no fewer than 10 million tonnes of which will be exported. The Rice Policy and Management Committee, chaired by Prime Minister Prayut Chan-o-cha, approved in principle the integrated production and marketing plans for 2019/2020 season. The plans will be implemented with regards to the demand and supply mechanism, export, domestic consumption, industrial uses and seedlings. Rice production in targeted areas will be improved and promoted for the 2019/2020 season while domestic marketing will be … [Read more...] about Thailand to release 34 million tonnes of rice this year
Nguyen Tuan Anh, CEO of Grab Financial Group Vietnam, talks about strategies to help start-ups expand their markets at a recent event in HCM City (Source: VNA) HCM City (VNS/VNA) - Overcoming human resources problems, understanding local cultures and finding reliable partners are needed for Vietnamese start-ups to “go global,” the CEO of Grab Financial Group Vietnam Nguyen Tuan Anh has said. Speaking at a recent boot camp, a start-up training programme organised by VnExpress.net, Anh said reaching out to the world was not optional but imperative for a start-up to succeed. “You may not go global right away, but you must have a vision to do it in the next five to 10 years. “Vietnamese start-ups must conquer the global playground to increase the value, revenue and profit.” Anh was one of the first employees of the giant ride-hailing service when it entered the Vietnamese market in 2014 on the heels of its success in four other Southeast Asian countries, … [Read more...] about Start-ups must ‘go global’, says Grab’s Vietnam chief