World

"I am worried about the two weeks of Christmas holidays. We are up against a dramatic pandemic which is ongoing -- the battle still has not been won," Italian Health Minister Roberto Speranza warned as the country recorded 64,036 deaths, surpassing Britain's 64,026. … [Read more...] about US set for mass vaccinations as world virus deaths top 1.6 million

About Prince Holding GroupPrince Holding Group, better known as Prince Group, is one of the largest corporate conglomerates in Cambodia, with businesses spanning across multiple industries, including real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors. Prince Group adheres to its mission of "Building a Better Life" and the Group's philosophy espouses the values of "Commitment, Responsibility, Respect, Generosity and Innovation". … [Read more...] about Chen Zhi and Prince Group Bring the Art of Swiss Watchmaking to Cambodia

“Public investment will be focused on key sectors of the economy, key works and projects which have spillover effects and can create socioecomomic development momentum, and create breakthroughs in attracting capital from domestic and foreign private sources under the form of public-private partnership,” the report stated. “All loans must be strictly controlled in order to invest into socioeconomic infrastructure. Inspection in all public investment activities will continue being launched so as to stay corruption and wastefulness.” … [Read more...] about Reshuffle underway to further stimulate revival of economy

After the State Bank of Vietnam cut policy interest rates in October 2020 in an effort to ease the cost of credit, credit growth picked up from 9.6% in October to 10.5% in November and 10.1% in December. Since this rate was higher than the nominal gross domestic product growth, the credit/GDP ratio had increased from some 136% in 2019 to over 143% in 2020. … [Read more...] about Vietnam one of fastest growing economies amid pandemic: WB

Regarding the diplomatic work as mentioned in the 13th Congress’s draft documents, the diplomat said that the content continues to inherit the Party’s wisdom from the previous tenures and contains new development steps in conformity with the country’s new position and power, its current diplomatic environment, as well as the complicated and unpredictable situations of the world and the region. According to him, the draft documents highlight the key role and important contributions of external affairs to national construction, defence and development, and for the first time affirm the diplomatic sector’s pioneering role with three main targets of creating and maintaining a peaceful and stable environment, mobilizing outside resources to develop the country, and improve its position and prestige. An important new point of the 13th Congress’s draft documents is defining national interests as the lodestar for external affairs, Chau added./. … [Read more...] about Diplomacy helps raise Vietnam’s position in international arena: veteran diplomat