Mr. Le Huu Tho, chairman of Vietnam Tourism Association, said that regional connectivity between HCMC and the Mekong Delta should be implemented more drastically by local government, businesses and residents. The Mekong Delta in particular should pay more attention to developing human resources in the tourist industry to meet the region’s development requirements. … [Read more...] about HCMC, Mekong Delta promote domestic tourism for post Covid-19 recovery
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The workshop is part of VPI’s ongoing long-term research programme seeking solutions for improving oil recovery in Vietnam’s mature fields, which are hoped to curb reductions in output and enhance exploitation efficiency, VPI expert Nguyen Huu Trung said. … [Read more...] about Hanoi to host international workshop on oil recovery technology
It would be acceptable for Hanoi-Amsterdam to be a private school, where wealthy parents pay high fees for high-quality education services, or to be a normal state-owned school, which receives funding from the state like all other state-owned schools and provides outstanding education services, he believes. The problem is that schools for the gifted receive 2.5-2.7 times more money from the state than other state-owned schools. … [Read more...] about Is it time to remove schools for the gifted in Vietnam?
Hanoi (VNA) – The Vietnam Oil and Gas Group (PetroVietnam) has reported oil equivalent output of 8.99 million tonnes in the first five months of 2020, 4.4 percent higher than its target. In May, crude oil output reached 0.96 million tonnes, 2.1 percent higher than the monthly plan while gas production fulfilled the monthly goal at 0.84 billion cu.m. The firm generated 2.05 billion kWh of electricity and produced 149,800 tonnes of nitrogenous fertiliser, surpassing the monthly targets by 4.7 percent and 4.2 percent, respectively. Its production of oil and petroleum exceeded 1.01 million tonnes during the month, only equivalent to 91.5 percent of the monthly goal, largely because the Nghi Son Oil Refinery were cutting capacity for maintenance and the PetroVietnam Oil Corporation (PV Oil) reduced production of petroleum as demand dropped. The company has made drastic efforts to cut nearly 8.7 trillion VND in costs during the first five months of the year to deal with declining … [Read more...] about PetroVietnam’s oil equivalent output totals 8.99 million tonnes in five months
Thirdly, Viet Nam should not compete with other countries to court more foreign capital by only offering investment incentives, as this can distort resource allocation and will not have a meaningful impact in the long run. The country will be more attractive to foreign investors if it can correct its weaknesses and shortcomings, such as improving the capacity of capital absorbency, perfecting logistics infrastructure, upgrading workers’ skills and ability, and reforming institutions. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?