The Hanoitimes - The International Fund for Agricultural Development (IFAD) has helped bring down the poverty rate from 60% in the mid-eighties in Vietnam to 16% in 2016. IFAD aids Vietnam’s climate change response IFAD funds VN’s agricultural development project Gov’t direction on IFAD aid Vietnam – the country with more than 70% of the population living in rural areas – has experienced significant changes with the elimination of hunger, reduction of poverty, and most of all the improvement of livelihood over the past 25 years. IFAD's Associate Vice-President Donal Brown. Photo: IFAD How could Vietnam reduce its poverty rate from around 60% of total population in the mid-eighties to 16% in 2016? The presence of the International Fund for Agricultural Development (IFAD) since 1993 has greatly helped to drive down the rate in the Southeast Asian country. Over the past 25 years, the IFAD has financed total US$565.4 … [Read more...] about How does Vietnam rural area change over 25 past years?
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Last man standing -- Mexican director Guillermo del Toro (L) accepted the best picture Oscar for "The Shape of Water" from Faye Dunaway and Warren Beatty in 2018. — AFP PhotoViet Nam News LOS ANGELES — The ballots are almost all in! Millions of television viewers around the globe will tune in Sunday to watch the Oscars, the glitziest night in showbiz, but most don’t know how the winners are chosen. Less than 8,000 people in the entertainment industry select the honorees -- and Tuesday marks the final day of voting. The following is a look at the complex, sometimes confounding process that leads to the winners of the 24 Academy Awards: Who votes? The Academy of Motion Picture Arts and Sciences in Los Angeles currently has 7,902 voting members. Academy membership is divided into 17 branches -- actors, directors, producers, costume designers, etc -- and candidates must be active or otherwise have "achieved distinction" in the industry. Applicants must be … [Read more...] about Who votes for the Oscars, and how does it work?
On December 19, at the Fourth Federal Open Market Committee (FOMC) meeting in 2018, the Federal Reserve (Fed) has officially raised the range of its benchmark interest rate by a quarter of a percentage point to between 2.25 and 2.5 per cent. The reason for the Fed to increase interest rates for the fourth time mainly comes down to the US’ current economic situation, with its stock market on a steep downward slope and core inflation rate showing signs of decrease, and aims to gradually cool down the economy and encourage growth. "The odds are that the Fed can pull off a soft landing for the economy," said Ryan Sweet, head of monetary policy research at Moody's Analytics. In the Vietnamese foreign exchange market, after the Fed’s interest rate hike, the central exchange rate was set by the State Bank of Vietnam (SBV) at VND22,785/USD, unchanged compared to the previous session on December 20. The VND/USD exchange rate in commercial banks even dropped sharply compared to … [Read more...] about Fed interest rate hike does not affect VND
Richard R. C. Shih speaking at Taiwan Excellence 2018 In the 4.0 era, how important are smart technology applications in our day-to-day lives? Are these applications suitable for use in Vietnam? We have various emerging technologies that impact our lives in different ways today. Take smart technology for example, it makes use of artificial intelligence (AI) to enable a level of cognitive awareness. The technology employs machine learning and Big Data analysis to perform functions that have traditionally been done by humans. This boosts the efficiency, productivity, and functionality of almost anything it is applied to, hence creating a smarter and more comfortable life for us. Vietnam is both qualified and motivated to take the lead in the Fourth Industrial Revolution. Smart applications can be applied in various fields in Vietnam, ranging from manufacturing and healthcare to education or home appliances. It also attracts great attention from users in Vietnam. In Vietnam, real … [Read more...] about How does technology make lives faster and easier?
Digital transformation is now an inevitable trend in developing and developed countries alike. Lim May Ann, executive director of the Asia Cloud Computing Association, talked to VIR's Bich Thuy about its recent study on cross-border data flows: a review of regulatory enablers, blockers, and key sectoral opportunities in five Asian economies. Why did you choose India, Indonesia, Japan, the Philippines, and Vietnam for this report? These five countries were selected as a representation of a wide range of policy approaches towards cross-border data flows and the digital economy that are currently being considered by governments around the world. Additionally, these countries are at pivotal points in the development of their digital economy infrastructure, which is clearly affected by their regulatory environments. The Vietnamese legal framework for cross-border data flows is currently considered “not yet open.” How does this affect the participation of international service … [Read more...] about Cross border data flows: how to approach the digital economy