Why vaccination is not completely successful

Vietnam’s skilled workforce, optimistic economic outlook, and competitive wage prices are among the factors drawing foreign investors’ attention to the country. An estimated 21% of Indian companies that have operations in Southeast Asia or expect to do so in the future show their plan to expand their businesses in Vietnam in the next two years. Whilst, 26% of Chinese corporates in Vietnam are looking to prioritize growth here over the next two years. Car production at Thanh Cong Hyundai Plant. Photo: Viet Dung These are some of the key findings from HSBC Navigator: SEA in Focus , which surveyed more than 1,500 companies from six of the largest economies in the world, including China, France, Germany, India, the UK, and the US – all of which have operations in Southeast Asia or have plans to do so in the future.  The survey gauges their sentiment on doing business in Southeast Asia, with a particular focus on trade, digitization, and sustainability. … [Read more...] about Companies from China and India temped to move to Vietnam

Illustrative photo. (Source: VNA) Hanoi – The S&P Global Ratings on May 26 raised its long-term sovereign credit rating on Vietnam to “BB ” with a “stable” outlook on the back of strong economic recovery, according to the Ministry of Finance. It is a very positive move when S&P Global Ratings upgraded Vietnam’s sovereign credit rating amidst numerous global uncertainties and challenges, the ministry said in a statement, adding that it reflects an international recognition of Vietnam’s efforts to stabilise and recover the macro-economy and reinforce the socio-political foundation. Vietnam is one of the only two Asia-Pacific nations that have had its ratings upgraded since the beginning of this year, factoring in that Vietnam’s economy remains on a solid track to recovery following the complete removal of domestic and cross-border mobility restrictions, outstanding improvement in COVID-19 vaccination rates and a flexible shift in virus control strategy. It is also … [Read more...] about G&P Global Ratings raises Vietnam’s sovereign credit rating

During their study at the school, Lao and Cambodian trainees have been provided with knowledge of basic science, social sciences and humanities, communication skills for staff and commanding officers at detachment level. What they have acquired in the courses provided in Vietnam is expected to help them well perform their advisory, organizational, commanding and training role in the future. It will also help them effectively exploit assigned equipment and boost their self-study, self-research to improve their capability to meet the growing requirements of modern warfare. Addressing the event, the school’s rector Senior Colonel Le Xuan Hung applauded and congratulated the foreign trainees on their duty fulfillment in Vietnam. The Vietnamese senior officer believed that after graduation, they will heighten the spirit of acquiring more knowledge, quickly have access to and embrace their units’ duties, and apply what they have learnt in Vietnam to reality of commanding, managing, … [Read more...] about Graduation ceremony held for Lao and Cambodian officers

In May, the Standing Board of the Central Military Commission (CMC) and the Ministry of National Defense (MND) have led and directed the whole military to comprehensively, resolutely implement and complete military and defense missions. The whole military has strictly maintained combat readiness regulations, closely managed the air, sea, border areas, and mainland while actively advising the Party and State to handle situations in a timely and effective manner to avoid being put in a disadvantaged position and working closely with relevant forces to ensure social order and safety across the country, especially the fifth meeting of the 13th Party Central Committee, the third session of the 15th National Assembly, and the 31st Southeast Asian Games (SEA Games 31). Notably, at SEA Games 31, the military delegation participated in 21 out of 40 sports events, breaking three records, pocketing 26 gold, 15 silver, and eight bronze medals. Attentively, defense agencies and military units … [Read more...] about MND focuses leadership on task performance