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Deputy Prime Minister Vu Duc Dam speaking at the opening ceremony of TechFest TechFest is the biggest annual event for the startup community, organised in accordance with the scheme on supporting the national innovative startup ecosystem to 2025, which was approved by the prime minister in 2016. During the past four years, the annual TechFest events have covered numerous economic sectors, uncovering opportunities and unclogging bottlenecks. Themed “Vietnam: Globalise”, TechFest 2019 aimed to attract resources, manpower, technology, and finance to support Vietnamese startups and to become a platform connecting the Vietnamese startup ecosystem with that of the world. Techfest 2019 has drawn the participation of over 300 businesses and startups, 100 ventures and investors, as well as 200 speakers and experts to attend until November 6, with activities such as a startup exhibition, technology showcase, investor and startup matching, and startup contests. Full of praise for … [Read more...] about TechFest to unlock potential of startups

Vietnam will continue to implement cautious monetary policies in order to avoid causing inflationary pressure while accelerating the restructuring of credit organizations and the settlement of non-performing loans in association with guaranteeing credit quality, Prime Minister Nguyen Xuan Phuc wrote in an article published on the government website on Thursday. The prime minister also stressed the importance of controlling inflation, stressing that it would be a huge task in 2018 as global prices of oil and essential goods continue to rise. The PM noted that strict fiscal policies will be implemented to ensure financial discipline, while drastic measures will be needed to counter budget revenue losses, price transferring, tax fraud and tax base erosion. In addition, the government will properly allocate resources at all levels, while beefing up disbursement and allocation of public investment to stimulate private investment. It will also continue to implement a roadmap to abolish price … [Read more...] about Vietnam to contain inflation in 2018, won’t boost economic growth at any cost: PM

For years, local performing artists and media have faced the dilemma of having no big, state-of-the-art theaters, juxtaposed with the difficulty of drawing audiences to existing venues.  With 71 existing theaters and performing arts venues nationwide, most seldom fully booked, it can’t be argued that Vietnam lacks theaters. As of 2018, Hanoi boasted 20 venues under the Ministry of Culture, Sports and Tourism management, most in decent conditions and centrally located.    However, many survive on government subsidies, additionally renting facilities to restaurants, coffee and karaoke shops. Such vulgar commercialism of vacant cultural space has for years devoured communal culture houses to national theaters alike. Artists like musician Nguyen Quoc Trung point out the lack of big venues as a major setback preventing local organizers reaching for the stars.       In Hanoi, with the exception of Youth Theater on Ngo Thi Nham Street, most venues are … [Read more...] about No curtain call for theatrical paradox

Chopping open a coconut, pouring the liquid into a cup and taking a big slurp, Nguyen Quoc Tuan, also known as Sau Tuan, carefully observes his four rows of ginger. Kien Giang focuses on eco-tourism in U Minh Thuong National Park Kien Giang’s U Minh Thuong seeks to revive freshwater fish populations Rows of gingers are expected to bring Sau Tuan great profit by the end of the year. — VNS Photo Khoa Thu In mid-September, the ginger is growing well. “If the weather stays fair, by the end of the year, I will earn at least VND400 million (US$17,200),” he said. Seven years ago, the farmer, who lives in the buffer zone of U Minh Thuong National Park, couldn't have dreamed of making such an amount. Tuan’s four-hectare garden is home to lots of other products such as sweet potato, taro, coconut and green onion. “My children were about to go to Binh Duong Province. Now, instead of spending monotonous days in dusty factories, they can help take care … [Read more...] about Water source a lifeline for farmers near U Minh Thuong national park