Substantial benefit

"I am honoured to announce the launch of the Prince Horology Vocational Training Center, Cambodia's first independent watch school. All the center's modern machinery and equipment have been imported from Switzerland, Germany and other countries," said Chairman Neak Oknha Chen Zhi of Prince Group. "We have also put together a world-class team to teach Cambodian and international students new skills that will make them competitive in job markets in Cambodia and abroad." … [Read more...] about Chen Zhi and Prince Group Bring the Art of Swiss Watchmaking to Cambodia

According to the Ministry of Finance, as of the end of 2020, nearly VND390 trillion ($16.95 billion), equivalent to 82.8 per cent of the plan allocated, was disbursed, while the figure as of end-November was VND329.9 trillion ($14.3 billion) only, equalling 70.1 per cent. This is the highest ratio of disbursement in 2016-2020 – with 80.3 per cent in 2016, 73.3 per cent in 2017, 66.87 per cent in 2018, and 67.46 per cent in 2019. Most of the capital has been invested in infrastructure works. … [Read more...] about Reshuffle underway to further stimulate revival of economy

Economists say many companies and corporations are accelerating their efforts to relocate production out of China. Facing a shift in investment from China to other countries, with Vietnam featuring prominently on their radar, many domestic enterprises are paying great attention to investment in infrastructure development, especially building industrial zones associated with new urban areas. … [Read more...] about Bright outlook for Vietnam’s economy despite Covid-19 setback

Singapore (VNA) – Under the leadership of the Communist Party of Vietnam (CPV), Vietnam has become one of the most impressive, optimistic and successful countries, a Singaporean scholar has said. In an interview granted to the Vietnam News Agency (VNA)’s reporters in Singapore, Associate Prof. Bilveer Singh, deputy head of the Department of Political Science at the National University of Singapore, highlighted the country’s outstanding political stability. Vietnam has been among the countries in the world with the most successful economic growth over the past five years, which remained positive (nearly 3.0 percent) in 2020 despite the COVID-19 pandemic, he added. The economic growth has reflected the CPV’s sound policies as well as the balance between domestic and external trade, while demonstrating that domestic economic bases, whether agriculture and industry, have borne fruits. Singh also commended the country’s achievements in external affairs … [Read more...] about Singaporean scholar impressed by Vietnam’s successes

The two nations last week held its first-ever online seminar on sharing experience and new policies of Japan to promote e-government, with the Japanese Ambassador to Vietnam Yamada Takio stating that Japan is looking to launch programmes in cooperation with Vietnam on the issue, with e-government becoming a common tool for the Japanese to conduct its macro-monitoring in favour of both businesses and individuals. … [Read more...] about Japanese expertise to accelerate e-government