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An international workshop on Vietnam's economic prospects until 2025: opportunities and challenges brought by new-generation FTAs (Photo: dangcongsan.vn) Under its 5-year socio-economic development plan until 2020, Vietnam has maintained an annual GDP growth rate of more than 6.8%. Last year’s growth was more than 7% and this year is expected to exceed 7%. Vietnam  has achieved the GDP growth target set for the entire period. Inflation has been under control and the public debt ratio has been decreasing. But growth has been heavily dependent on capital. The support industry has grown slowly. The contribution of services with high added value has remained low. Logistics costs are high. Exports depend on foreign-invested enterprises. Most Vietnamese businesses haven’t participated in global value chains and their ability to innovate hasn’t improved much. At a recent international workshop on Vietnam's economic prospects until 2025, many experts pointed … [Read more...] about New-generation FTAs create opportunities, challenges for Vietnam’s economy

   The poster for Kiều, a new film from producer Mai Thu Huyền, based on the famous Vietnamese epic poem The Tale of Kieu, from the 18th century. — Photo courtesy of producer HCM CITY — Female film producer Mai Thu Huyền has launched her new film project based on a famous Vietnamese epic poem written in the 18th century recognised as one of the country's top literary works. The film Kiều is based on Truyện Kiều (The Tale of Kiều) by Nguyễn Du (1766-1820). It recounts the life and trials of Thúy Kiều, a talented young woman who is forced to sacrifice herself to save her family. Kiều sells herself into a loveless marriage in exchange for her father and younger brother’s freedom from prison. Later Kiều’s husband forces her into prostitution. According to the film’s producer Huyền, Kiều will … [Read more...] about New film based on famous epic poem has contemporary twist

At the conference Delegates evaluated that in 2019, under the leadership of the Border Guard Party Committee and Command, border guard units fulfilled all border area-related missions. Accordingly, they closely followed situational developments to make timely recommendations for the Party, the State, the Central Military Commission, and the Ministry of National Defense to issue guidelines and policies to effectively deal with incidents in border areas.  Border guard units were also active in fighting crime, smuggling, and trade fraud while paying attention to carrying out combat readiness, natural disaster relief, search and rescue missions and building the whole people’s defense and firm border areas. Delegates also highlighted the force’s results in training and regulation building as well as achievements in Party building. In complicated situations the border troops have always showed their absolute trust in the leadership of the Party and their determination … [Read more...] about Border guard units to safely protect sovereignty and security in border areas

Home Vietnam captures 18 more golds, remains third By Vu Duc Sunday,  Dec 8, 2019,20:22 (GMT+7) Vietnam captures 18 more golds, remains third By Vu Duc Sprinter Le Tu Chinh of Vietnam celebrates winning in the women’s 100m event at the 30th SEA Games in the Philippines today, December 8 - PHOTO: VNA HCMC - Vietnam today, December 8, grabbed 18 more gold medals on the eighth day of the 30th SEA Games in the Philippines and had one Games record broken to remain third with a medal tally of 64 golds, 58 silvers and 75 bronzes. The Philippines is still first with 105 golds, 81 silvers and 88 bronzes. Indonesia is second, having secured 65 golds, 61silvers and 77 bronzes. Fourth-place Thailand has 55 golds and fifth-place Singapore gets 43 golds. Pham Thi Thu Trang marked a successful day for Vietnam by winning a gold in the track and field event. Trang finished first in 52 minutes and 59.45 seconds in the women's 10km … [Read more...] about Vietnam captures 18 more golds, remains third

At least 43 people were killed Sunday in a devastating fire that ripped through a bag factory in the cramped, congested old quarter of the Indian capital New Delhi, trapping scores of workers who were sleeping inside. The blaze was the worst in Delhi since 59 movie-goers died in a cinema in 1997, with the city's poor planning and enforcement of building and safety regulations often responsible for such deadly incidents. Tearful relatives spoke of receiving desperate calls from factory workers from around 5:00am (23:30 GMT) pleading to be freed from the inferno in the dark, poorly lit premises in the commercial hub of Sadar Bazar. The four-storey building was home to a series of manufacturing units producing items including schools bags and packing materials which only worsened the spread of the fire, officials said. Locals said the factory also made purses. "Most of the casualties happened because of suffocation," witness Mohammed Khalil told AFP. "After the fire, people didn't … [Read more...] about At least 43 killed in ‘horrific’ factory fire in India’s capital