Vietnam fine arts museum

Illustrative image (Source: VNA) Hanoi (VNA) – Vietnam has made good progress in human development, with an average annual Human Development Index (HDI) growth of 1.36 percent during the 1990-2018 period. This places Vietnam among the group of countries with the highest HDI growth rate in the world. This is one of the key finding of the 2019 Human Development Report, entitled “Beyond income, beyond averages, beyond today: Inequalities in human development in the 21st Century”, released by the United Nations Development Programme (UNDP) on December 9.” Addressing the report launching ceremony in Hanoi, UNDP Resident Representative in Vietnam Caitlin Wiesen said the 2019 Human Development Report disclosed the next generation of inequalities emerging around digital technology, education, and the climate crisis and proposes new ways of measuring and approaching inequalities. Wiesen praised Vietnam for having firmly embarked on people-centered development and … [Read more...] about Vietnam makes big leap in human development: UNDP

Prudential Vietnam has got approval from the Ministry of Finance to increase its chartered capital to 4,128 billion VND (around 181.8 million USD)(Source: laodongthudo.vn)   Hanoi (VNA) - Prudential Vietnam has got approval from the Ministry of Finance to increase its chartered capital to 4,128 billion VND (around 181.8 million USD). The move affirmed the company’s commitment to make long-term investment in the Vietnamese market. Besides strengthening the company’s financial capacity, the additional capital will also enable Prudential Vietnam to further improve its products and services and expanding its reach across the country. In recent years, Prudential Vietnam has actively expanded its business activities and recorded strong growth. In 2017, it reported revenues of 16,019 billion VND (some 705.7 million USD), an increase of 20 percent year on year. It paid out 6,261 billion VND (275.8 million USD) in insurance settlements last year. The company’s total … [Read more...] about Prudential commits long-term investment in Vietnam

Newborn babies at the Children Hospital No. 2 in Ho Chi Minh City (Photo: VNA) Hanoi (VNA) – Vietnam’s family planning has contributed greatly to the country’s hunger elimination and poverty reduction, fostering its socio-economic development, improving living conditions of local people and helping to fulfill the millennium and sustainable development goals, said a local official. Deputy Minister of Health Pham Le Tuan delivered the remarks at a meeting co-organised in Hanoi on July 11 by the Ministry of Health and the United Nations Population Fund (UNFPA) in Vietnam to celebrate World Population Day 2018. Vietnam’s family planning has helped the country cut costs of social services and increase per capita gross domestic product (GDP) by 2 percent annually, Tuan said. He affirmed that the country’s population and family planning programme has gained a range of achievements as its annual population growth rate dropped from 2 percent in 1993 to around 1 … [Read more...] about Family planning facilitates Vietnam’s sustainable development

The business results of listed companies in the first nine months of the year were fairly positive. But the unpredictability of the negotiations related to the US-China trade still exists. According to FiinPro Platform, as of November 1, 2019, 832 companies listing shares on three bourses, which account for 95 percent of the capitalization value of the total market had released Q3 finance report. Of these, 85 percent of businesses (706) reported profit and 15.1 percent of businesses (126) had obtained profit it planned to gain in 2019. The business results of listed companies in the first nine months of the year were fairly positive. But the unpredictability of the negotiations related to the US-China trade still exists. Telecom, insurance and banking are business fields which saw the highest net profit growth rate, by 355.4 percent, 49.3 percent and 45 percent, respectively. Meanwhile, media, chemicals, oil and gas saw the sharpest decreases in profit, by 97.3 percent, 35 … [Read more...] about External factors torment investors in Vietnam

People from across the country arrive in Phu Tho on Friday, a day before the death anniversary of the Hung Kings. An estimated seven million pilgrims will attend the festival this year, including 5.5 million who arrived before April 16 and 1.5 million on Saturday, according to the festival’s organizing committee. Phung Quang Ngoc and family from Central Vietnam arrive in Phu Tho on Friday morning. The family’s been doing the pilgrimage for several years so they had prepared water food and a sedge mat ahead of the hard journey. A young couple from Tuyen Quang mountainous province in the north rests after visiting the temples. “We will leave for home this afternoon as we are afraid we won’t be able to bear the crowd tomorrow,” the husband said. People climb more than 500 steps from Nghia Linh mountain base to worship in the higher temples. The complex comprises of Hung King Mausoleum, temples of Ha (lower), Trung (middle), Thuong (upper) and … [Read more...] about Millions gather at Hung Temple to honor Vietnam’s founding Kings