Pwc vietnam

The local economy should have had expanded by over 7% in the 2020-2021 period, but instead, it settled at 2.91% in 2020 and would achieve an estimated 2.5% this year. The Covid-19 pandemic in the past two years has caused losses of VND847 trillion (U$37 billion) for the local economy. Electronics production for export at Rang Dong Company. Photo: The Hanoi Times Vice-Chairman of the Party Central Committee’s Economic Commission Nguyen Thanh Phong revealed the figure at a business forum on December 5. According to Phong, without the pandemic, the economy would have expanded by 7% for the past two years. However, in fact, the country’s GDP expanded only 2.91% in 2020 and an estimated 2.5% this year. This resulted in losses of VND160 trillion ($7 billion) in 2020 and VND346 trillion (15.1 billion) in 2021, or around VND507 trillion ($22.2 billion)  according to the purchasing power of 2010, and VND847 trillion ($37 billion) in current purchasing power. … [Read more...] about Vietnam’s economy loses US$37 billion on Covid-19

"Facing Vietnam in the first game is an arduous task and the players know it. We will do our best and give all we have," Selvaraj told a pre-match press conference Sunday. Laos have played in AFF Cup 11 times but haven’t made it past the group stage once. In the 2018 edition, they lost all four matches in this stage. In this year’s tournament, Laos will field many young players. But their biggest hope is 31-year-old striker Billy Ketkeophomphone, who used to play in France for Ligue I club Angers in 2015. "The players are confident at the moment. We are happy to play in AFF Cup and we will try our best. But to be honest, playing Vietnam will be really tough. Everybody knows Vietnam currently has a quality squad and that they are really something different," Selvaraj added. Laos winger Kyda Souvanny is hopeful for at least a point against Vietnam. "We have prepared physically and tactically for the game with defending champions Vietnam. Laos will give it our all and hopefully … [Read more...] about Laos head coach wary of Vietnam’s power in AFF Cup

According to Accenture, 86 per cent of life insurers believe that they must accelerate the pace of innovation to retain their competitive edge. This inevitably involves investment in technology. In the digital era, “if you stop, you lose”. In this race, AIA Vietnam is transforming itself into an organisation of the future – a simpler, faster, and more connected AIA, a leader in the field of digitalised life insurance. Asian Technology Excellence Awards 2021 has acknowledged AIA Vietnam for its attempt to lead in innovation and technological application. This year, the award honours 20 exceptional companies that are leading the digital transformation in the whole of Asia and AIA Vietnam is the only life insurer to win this prestigious award. AIA Vietnam has won two awards at Asian Technology Excellence Awards 2021 Notably, AIA Vietnam received a “double” award in two categories, which are “Cloud - Life Insurance” with the EDEN project and “Online Services - Life … [Read more...] about AIA Vietnam leaves imprint at Asian Technology Excellence Awards 2021

Doan Van Hoat (left), general director of Van Xuan Group, receiving the award from the Organising Committee After a rigorous evaluation process from a highly specialised panel comprising of well-known experts, the Central Thu Dau Mot City Smart Apartment Complex - Happy One Central was honoured at the Vietnam Property Award – PropertyGuru 2021 under the category of “Best Condo Development (Binh Duong)”. Happy One Central honoured under the category of Best Condo Development (Binh Duong) Sharing his feelings about this honour, Doan Van Hoat - general director of Van Xuan Real Estate Group JSC believed it symbolised the enduring efforts from the conception of the project to its introduction. This recognition brought victory and pride to Van Xuan Real Estate Group and all the employees. “The Award has evidenced Van Xuan Group's endeavours in creating high-quality projects, helping to motivate the customers to choose future products developed by Van Xuan … [Read more...] about Happy One Central triumphant at PropertyGuru Vietnam Property Awards 2021

Deputy Minister of Natural Resources and Environment Le Minh Ngan speaks at the forum. (Photo: baotainguyenmoitruong.vn) Hanoi (VNA) – Vietnam wishes to cooperate with all countries in the region towards sustainable development in East Asian Seas, Deputy Minister of Natural Resources and Environment Le Minh Ngan told a virtual ministerial forum within the seventh East Asian Seas Congress on December 2. With the assistance of international organisations, particularly the Partnerships in Environmental Management for the Seas of East Asia (PEMSEA), Vietnam has successfully realisde the Sustainable Development Strategy for the Seas of East Asia (SDS-SEA) by specific actions like replicating the integrated coastal zone management in coastal localities, and promulgating and implementing a strategy for integrated coastal zone management to 2020, with a vision towards 2030. Vietnam has also issued the Law on Marine and Island Resources and Environment and made relevant … [Read more...] about Vietnam pledges to join efforts in sustainable development in East Asian Seas

A wind farm in Vietnam. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam Wind Power 2021 , an annual event since 2018, was launched in Hanoi this week. The two-day event takes place on the sidelines of the Vietnam Energy and Technology Forum organised by the State Agency for Technology Innovation . The event was co-sponsored by the Norwegian Embassy and its Commercial Section - Innovation Norway, in collaboration with the Embassy of Denmark, Embassy of Germany, the German Agency for International Co-operation and the British Embassy. The event, believed to be the largest event of the wind power industry in the country, provides an opportunity for participants to share, connect and discuss new opportunities for the renewable energy industry in Vietnam. It also brings together Vietnam’s leading policy makers, wind industry leaders, investors and other key stakeholders locally and internationally. Four Norwegian companies -- Equinor, Mainstream Renewable Power, DNV and … [Read more...] about Vietnam Wind Power 2021 event launched