Secretary of the HCMC Party Committee Nguyen Van Nen (R) receives Ambassador of India to Vietnam Pranay Verma. The city’s Party Chief expressed his sincere thanks for the warm and respectful welcome by Indian leaders and people to the delegation of HCMC high-ranking officials during a five-day official visit to India from June 19-23, presenting a vivid demonstration of the friendship and special solidarity between the two countries. During the visit, the city’s delegation attended an inauguration ceremony of the statue of President Ho Chi Minh in New Delhi. HCMC will inaugurate a statue of Indian national hero Mahatma Gandhi in the center of the southern metropolis in the coming time. Mr. Nen emphasized that the high-level mutual visits, political and cultural events have contributed to deepening and tightening bilateral relations in various fields. He hoped Ambassador of India to Vietnam Pranay Verma will continue to foster Vietnam-India relations in general, and … [Read more...] about Vietnam, India have a lot of opportunities to foster cooperation
Main street in park city
Illustrative image (Source: tuoitre.vn) Hanoi (VNA) – Hanoi is installing vending machines in more public spaces to better serve consumers, Acting Director of the municipal Department of Industry and Trade Tran Thi Phuong Lan said. capital city . They include 13 installed along pedestrians’ streets around Hoan Kiem Lake and the districts of Ba Dinh and Tay Ho, and four at Hanoi Book Street and Phung Hung Mural Street in the city centre. vending machines . After the installation is done, the network of these machines will be publicised in the city’s shopping map website at bandomuasam.hanoi.gov.vn as well as its tourist map. VNA … [Read more...] about Hanoi to expand network of vending machines
Thang Long Imperial Citadel (Photo: VNA) Hanoi (VNA) - To create a breakthrough in tourism promotion , and contribute to the rapid and sustainable development of Hanoi's tourism industry, the Department of Tourism of the capital city has launched a gift design contest and a tourism photo competition. The two contests aim to select photos and products that meet the artistic criteria, show a typical, rich and diverse culture, tourism resources, tourist attractions, historical sites, festivals, traditional craft villages, and the culinary culture of Hanoi for dissemination and promotion of the capital city's tourism to both domestic and international tourists. Entries should show the difference and diversity in materials and colours, and be friendly to the environment, safe to human health, and not deformed or changed by the climate and weather. The organising board prioritizes products that use available materials, are local traditional crafts and convenient for mass … [Read more...] about Hanoi to impress visitors through beautiful gifts, tourism photos
Part of the Vietnam - Singapore Industrial Park in Hai Phong city (Photo: VNA) Hai Phong (VNA) – For the last half of 2022, Hai Phong city will apply itself to flexibly and effectively fighting COVID-19 and shoring up business and investment activities so as to attract more foreign direct investment ( FDI ), a local official has said. Nearly 1.1 billion USD of FDI was poured into the northern port city in the first six months, falling by over 11% from a year earlier and equivalent to almost 44% of this year’s target. FDI inflows are expected to stand at 0.85 billion USD in the third quarter and 0.85 - 1.1 billion USD in the fourth quarter. Le Trung Kien, head of the Hai Phong Economic Zone Authority , said the city looks to surpass this year’s FDI attraction target of 2.5 billion USD. To that end, the authority will boost investment promotion and attraction for the three pillars of economic development, namely high-tech industry, seaports - logistics, and … [Read more...] about Hai Phong striving to attract over 2.5 billion USD in FDI this year
Heather and husband George arrived in Shanghai from New York in 2006 for a one-year adventure, but 16 years later their two-bedroom apartment in Shanghai’s historic former French Concession is the only home their children have ever known. So while repatriating to the United States is technically a homecoming for Heather and George, leaving Shanghai means leaving home for daughters Charlotte, 14, and Matilda, 12. Heather spent the month of June readying for a return to the United States. Her husband left weeks earlier with their family dog to help prepare for their new life in Washington D.C. "I haven't had the luxury to really grieve a lot of what I'm leaving behind because I need to get two kids and a cat out of here ... so it's been really focused on that logistics," she told Reuters from her flat which had just been emptied out by movers. The Kaye family are part of an exodus of both foreigners and locals from Shanghai as China's most cosmopolitan city tries to find its … [Read more...] about Goodbye Shanghai: After 16 years, Covid curbs send American family packing
Patrick Lenain - Former assistant director Organisation for Economic Co-operation and Development Schools and universities will need to adopt new technologies. Public transportation networks will need to be upgraded. Large-scale logistical hubs will be required to remain integrated in global supply chains. Old-age citizens will need welfare support. Electricity generation will need to decarbonise. Coastal cities will need to adapt to rising sea levels. Military spending will need to protect the country. And it is obvious that health spending remains a priority. Unfortunately, tax revenue is at present too limited to finance these large investments. Vietnam’s government collected tax revenue equivalent to 16 per cent of GDP last year, according to the International Monetary Fund. This is less than Malaysia (18.3 per cent), Singapore (18.5 per cent), India (19.7 per cent), Thailand (20.3 per cent), and China (27 per cent). This is also less than before the pandemic, reflecting … [Read more...] about Tax for development: Does Vietnam need tax reform?