Dang Hoang Hai Anh, senior economist of the World Bank in the United States, concurred that the domestic purchasing power is a crucial factor. He stressed that before the coronavirus outbreak, an economic growth model based on the domestic purchasing power had been tabled for discussion globally. For Asian nations such as Vietnam where saving rates are high among the local people, efficiently exploiting such sources of capital could help restore the purchasing power. While focusing on the domestic purchasing power, the Government and enterprises would need to include more measures to boost consumption. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 16
Vietnam holidays
Red Cross Society hopes to present 1.5 million Tet gifts to the needy
Hanoi (VNA) - The Vietnam Red Cross Society (VNRC) targets mobilising the necessary financial resources to provide at least 1.5 million gifts to poor and near-poor households, victims of Agent Orange (AO), victims of natural disasters and COVID-19 in 2020, and other vulnerable people ahead of the Lunar New Year (Tet) holiday. It forms part of the annual “Tet for the poor and AO victims” campaign held under the “Humanitarian Power 2020” programme, which aims to call on support from all to help the impoverished, AO victims, and other disadvantaged people nationwide enjoy a warm Tet. The VNRC said the programme will be broadcast live on the National Assembly Television Channel on January 16 night. A SMS campaign has been launched to mobilise funding for “Tet for the poor and AO victims”. Each text message with the word “TET” sent to 1409 before February 28 will contribute 20,000 VND (0.90 USD) to the fund. The VNRC and its chapters … [Read more...] about Red Cross Society hopes to present 1.5 million Tet gifts to the needy
New albums released for Tết
Cellist Hà Miên made her debut with Romance in Hanoi, an album of Vietnamese and foreign music. The album includes four works by Dutch composer Ad Van Dongen known as AvD, and two Vietnamese works based on folk songs celebrating women and love. … [Read more...] about New albums released for Tết
Units’ combat readiness checked
Sr. Lt. Gen. Nguyen Phuong Nam talk with reconnaissance forces of Ha Nam provincial Military Command After checking documents related to training and combat readiness plans of the two units, General Nam hailed the units for their recent outstanding results. … [Read more...] about Units’ combat readiness checked
Northern grapefruit, orange plants on sale in Ho Chi Minh City for Lunar New Year
Grapefruit trees are displayed on the sidewalk of Mai Chi Tho Street in District 2, Ho Chi Minh City, January 2021. Photo: N.Tri / Tuoi Tre A man takes care of salable grapefruit trees on the sidewalk of Mai Chi Tho Street in District 2, Ho Chi Minh City, January 2021. Photo: N.Tri / Tuoi Tre Large pots of orange trees are unloaded from a truck onto the sidewalk of Mai Chi Tho Street in District 2, Ho Chi Minh City, January 2021. Photo: N.Tri / Tuoi Tre Grapefruit trees are put up for sale on the sidewalk of Mai Chi Tho Street in District 2, Ho Chi Minh City, January 2021. Photo: N.Tri / Tuoi Tre Grapefruit trees are put up for sale on the sidewalk of Mai Chi Tho Street in District 2, Ho Chi Minh City, January 2021. Photo: N.Tri / Tuoi Tre A man takes care of salable grapefruit trees on the sidewalk of Mai Chi Tho Street in District 2, Ho Chi Minh City, January 2021. Photo: N.Tri / Tuoi Tre Like us on Facebook or follow us on Twitter to get the latest news about Vietnam! … [Read more...] about Northern grapefruit, orange plants on sale in Ho Chi Minh City for Lunar New Year