Ninh Thuan (VNS/VNA) - The south-central province of Ninh Thuan has done well in developing its rural areas after 10 years of implementing the national programme on building new-style rural areas, according to its steering committee for the programme. The annual income of rural people has climbed to nearly 26 million VND (1,120 USD) now, 2.16 times the 2011 figure. Of its 47 rural communes, 26 meet all 19 criteria set under the programme. The criteria are related to planning, infrastructure, transport, irrigation, electricity, income, education and training, healthcare, environment, food safety, social security, culture and others. Ninh Phuoc district became the first district to be acknowledged last year. Quang Dai Hoang, an ethnic Cham living in the district’s Phuoc Hau commune, said: “The material and spiritual lives of people have been enhanced.” Most houses here have been repaired or built well, he said. Most roads in Ninh Phuoc are paved with … [Read more...] about Ninh Thuan reports solid achievements in building new-style rural areas
Global food safety
Deputy Prime Minister Vũ Đức Đam spoke at the National Conference on Tourism Development in the central province of Quảng Nam on Saturday, stressing State agencies, businesses, travel agencies and residents should promote links and efficient co-operation to help the tourism industry overcome the most difficult time after the pandemic. … [Read more...] about Domestic market to help tourism sector in post-COVID-19-period
The ambassador also said that China will keep a close contact with other countries on the pandemic containment and trade-related measures, fully implement the ASEAN-China free trade agreement, actively work with other parties towards the signing of the Regional Comprehensive Economic Partnership (RCEP) this year and expand regional cooperation in emerging areas such as the digital economy. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia on April 13
The Covid-19 pandemic came as a great shock to most economies, including Vietnam. Still, Vietnam’s resilience proves this is also an opportunity for the country to give the private sector and the domestic market more attention. The public debt-to-GDP ratio is expected to be 46.1% in 2021, on the basis of GDP revaluation, so it is quite possible to improve this ratio, especially in the context of real interest rates around 0% in developed economies, plus a high savings rate at home. However, policies such as increasing public debt and curbing inflation need to be carefully studied with data of Vietnam concerning the following two issues. … [Read more...] about Demand stimulus: where to begin?
"By going online, SMEs can expand not only to consumers domestically, but to a global marketplace that can be accessed by millions of Visa cardholders." ‑ Dang Tuyet Dung, country manager for Vietnam and Laos, Visa The current pandemic has acted as a strong tailwind to the already burgeoning e-commerce market in Vietnam. Social distancing measures have driven more consumers to shop online than before. Specifically, a growing number of first-time users have switched to online grocery and delivery models. Many of these first-time buyers are from older age groups that tend to be the later adopters of e-commerce. A McKinsey mid-April consumer survey observed that the shift to digital channels is more telling. Nearly 40 per cent of respondents listed the availability of an online store or mobile app as a primary factor for why they switched to a new grocery store. In addition, respondents who are shopping for groceries online say they are spending more during COVID-19 than they did … [Read more...] about Shopping habit focus for new Visa initiative