Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc on January 18 called on Vietnamese people, firms and agencies both at home and overseas to continue providing relief for disadvantaged people living in far-flung islands and areas as well as those affected by natural disasters and Agent Orange/dioxin. He made the statement while addressing the launch of a charity event called “Suc manh nhan dao 2020” (Power of Humanitarian Action 2020) in Ho Chi Minh City. The programme, held by the Vietnam Red Cross Society (VRCS) Central Committee, focuses on bringing a warmer Tet (Lunar New Year) holiday for poor people and AO/dioxin victims this year. Phuc highly spoke of the programme and the VRCS Central Committee’s efforts to mobilise all possible social support for disadvantaged people to help them overcome hardships and achieve a better life. VRCS President Nguyen Thi Xuan Thu said the agency has spent around 4.3 trillion VND (over 185.2 million USD) on aid to over 21.1 … [Read more...] about PM calls on Vietnamese to support poor people ahead of Tet
How projects can support victims of xenophobia
Poster of the film, "Sweet Lies" PANO - The Centre for Research Support and Development of Culture under the Vietnam Union of Science and Technology Associations and the French Embassy in Hanoi will organise a mobile film screening from October 15th to December 25th in 15 provinces and cities of Vietnam. … [Read more...] about Mobile film projection to mark Vietnam-France diplomatic ties
A reader nicknamed Ly Thong commented: "The price is same but the quality gap is too big. You don’t need to be a genius to know what movie ticket you should buy." … [Read more...] about Should Vietnam’s film industry be protected?
The RoK was Binh Duong’s fifth largest foreign investor in 2019 with nearly 3.2 billion USD injected into over 800 projects, most of which in textile and garment, footwear, automotive support industry, healthcare, beauty products and food processing./. … [Read more...] about Binh Duong’s FDI inflows double yearly goal
The impact of global inflation on Vietnam’s economy may be unsubstantial. Since 2014, Vietnam’s inflation has been stable at under 4% per year, principally assisted by controlled credit growth and stable money supply (M2), at 15%-20%. Last year, credit growth was only 13%, which helped keep monetary inflation under control. The salary growth in 2020 is not high, which thus minimizes demand-pull inflation. However, the highest risk is projected to come from cost-push inflation. Pork price has risen sharply during the past three months, which boosted year-on-year (YoY) inflation by the end of December to 5.2%. According to Bao Viet Securities Company’s report, CPI YoY will be especially high (5%-5.5%) in the first half of the year before cooling down toward the end of the year. Generally speaking, CPI YoY by the end of 2020 will be around 3.2%-3.6% while the average CPI in 2020 may be more or less 4%. … [Read more...] about Not too many macro fluctuations expected for 2020