Economy
IMF Expert: Vietnam Remains Attractive Destination for Foreign Investors
Vietnam remains an attractive destination for FDI while the global economy fluctuates and geopolitical instability increases, said an IMF expert.
Economy
World Bank: Vietnam's Economy Recovers Gradually
According to the latest 6-month economic report of the World Bank (WB) published on April 23, Vietnam's economy is showing different signs of recovery, with growth forecast to reach 5.5% in 2024, and gradually increase to 6.0% in 2025.
Economy
ASEAN Future Forum and India's Role in Indo - Pacific Stability and Prosperity
Indian Foreign Minister Dr. S. Jaishankar emphasized the importance of a strong and united ASEAN for regional stability in the Indo-Pacific during his virtual address at the first ASEAN Future Forum on Tuesday.
A New Vision: ‘Elevating the Everyday’ with Nina Hospitality
HONG KONG SAR - Media OutReach - 3 March 2021 - L'hotel Group, a member of Chinachem Group, today unveils its brand transformation to Nina Hospitality. The new identity reflects the brand's promise of 'Elevating the Everyday' through personalised experiences that blend top-notch service with a friendly and approachable ambience throughout their properties. Nina Hospitality's service from the heart, across their hotels, serviced apartments and residences, creates memorable moments that feel like home. Guests are invited to discover new brand touchpoints through an array of offerings, such as the 'Hello Nina' staycation package
Cityneon to Tour Egyptian National Treasures Globally - Ramses The Great and the Gold of the Pharaohs
Titled " Ramses The Great and the Gold of the Pharaohs", this spectacular exhibition will feature 183 rare Egyptian artefacts; the largest collection of artefacts on Ramses II to ever leave EgyptThe exhibition was approved by the Egyptian Cabinet and the decree was signed by Egypt's Prime Minister Mostafa Madbouly in December 2020Supported by Egypt's Ministry of Tourism and Antiquities, the world-class Houston Museum of Natural Science will launch the exhibition with the support of World Heritage Exhibitions this November in Houston, followed by 4 other major citiesStrong historical track record with the previous Ramses II
The Economist Group and The Nippon Foundation launch a new initiative to promote ocean health
TOKYO, JAPAN - Media OutReach - 3 March 2021 - Back to Blue, a new initiative from The Economist Group and The Nippon Foundation, launches today at the 8th annual World Ocean Summit. With an initial focus on ocean pollution, the three-year collaboration is a response to the escalating challenges posed by plastic pollution and, less visibly, pollution from nutrients and chemical contaminants that are damaging ocean life and ecosystems, and in turn human health. The programme, now under development, has been supported by findings from a Back to Blue global survey* which place plastic pollution (59.6% of respondents) and
New shorter-term and micro-insurance products enter Singapore to combat increased risk aversion: Aon Global Market Insights Report
SINGAPORE - Media OutReach - 3 March 2021 - Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has released its Q4 2020 Global Market Insights Report, which indicates increased insurance pricing across most business lines globally. In Singapore, the reopening of businesses and optimism over the vaccination programme has boosted investor confidence and an economic rebound is expected in 2021. Besides pricing increases, the Singapore insurance market is moderately challenged when compared to the global market. Aon's report finds that
Cordlife launches OptiQ: A first-of-its-kind corneal lenticule banking service in Singapore
SINGAPORE - Media OutReach - 3 March 2021 - Cordlife Group Limited, a consumer healthcare company announced today that the Ministry of Health has issued a license permitting the Company to launch OptiQ, a corneal lenticule banking service in Singapore. Cordlife is the first company in Asia to let patients undergoing refractive eye surgery using lenticule extraction method (e.g. SMILE) for myopia or astigmatism to cryopreserve their corneal lenticules for potential treatment of presbyopia and other ocular conditions in the future. The technology behind OptiQ was invented by Professors Donald Tan and Jodhbir Mehta
State Bank Deputy Governor: Bitcoin is not legal in Vietnam
Deputy Governor Dao Minh Tu affirmed that Bitcoin and other virtual currencies are completely not considered as cryptocurrencies, and not allowed to function as legal currencies in Vietnam.
Made-in-Vietnam satellite to be launched into orbit this September
Vietnamese micro-satellite NanoDragon will go through a final test this month before it is put into orbit this September.
Vietnamese e-commerce market predicted to continue thriving in 2021
The Vietnamese e-commerce market is predicted to continue booming in 2021, with the revenue exceeding last year's figure.
Exceeding China, US becomes Vietnam's biggest importers on agricultural products
With an export turnover of 2.04 billion USD, accounting for 33.05% of the market share, the US surpassed China to become the largest customer of Vietnamese agricultural products for export in the first two months of this year.
Nha Trang and Danang hotel owners sell up for influences of COVID
Many hotels in Son Tra and Ngu Hanh Son districts, Danang City, have been put on sale after Tet.
Vietnamese electric-car Vinfast plans US factory
Vietnamese electric-vehicle startup VinFast plans to open a U.S. factory after setting up a 50-member San Francisco research office as it prepares for California automobile sales in 2022.
Vietnam – UK FTA trigger two-way trade
After a month of signing the Free Trade Agreement (FTA) between Vietnam and the United Kingdom (UK), bilateral trade experienced a 78.57% year-on-year increase, the General Customs Department (GCD) reported.
Vietnam, Venezuela boosting agricultural production projects
Vietnamese Ambassador to Venezuela Le Viet Duyen and his delegation recently participated in a working visit to Guarico state with the aim of boosting agricultural production projects and promoting potential co-operation initiatives.
Unveiling The Activities of Daily Living (ADL) Care Concept - Live life to the fullest with CERTAINTY
KUALA LUMPUR, MALAYSIA - Media OutReach - 1 March 2021 - CERTAINTY, a brand under Disposable Soft Goods (DSG) has recently unveiled the concept of Activities of Daily Living (ADL) to assist Malaysians in their purchasing behavior, primarily for its adult diaper selection. ADL is a commonly used term in the healthcare industry to refer to people's daily life activities. ADL consists of 6 main activities which include eating, bathing, getting dressed, toileting, mobility and continence. With this new concept brought forth, DSG designed its CERTAINTY adult diapers that cater to the needs of the users, based on users' mobility
Vietnam making greater efforts towards a year of economic growth
The Ministry of Planning and Investment has made a draft report on additional evaluation of the implementation of the socio-economic development plan in 2020 to collect comments from ministries, sectors and localities. The report’s latest data update shows that the implementation of many targets is better than the estimate reported to the National Assembly.
Vietnam racks up US$1.29 billion in trade surplus in two months
Vietnam’s trade balance posted positive, US$1.29 billion, in the first two months of the year, the General Department of Customs said on December 28.
Vietnam-UK bilateral trade enjoys impressive growth in January
The bilateral trade between Vietnam and the UK in January 2021 soared by 78.57% year-on-year to reach US$657.35 million, with the Southeast Asian country exporting more than US$598 million of products, up 56.51% from the previous month and representing an increase of 84.61% over the same period last year, according to the General Department of Customs.
Da Nang licenses US company to build $110 mln semiconductor plant
The Da Nang Hi-tech Park and Industrial Zone has licensed the United States Enterprises to build a $110-million semiconductor manufacturing plant.
Vietnam – sole ASEAN member upgraded in Global Soft Power Index
Vietnam is the sole member country of ASEAN to climb up the overall index of the Brand Finance Global Soft Power Index Report for 2021, from 50th to 47th.
Indian enterprises turn eyes to Vietnamese market
Indian companies are turning their focus to Vietnam as the country is emerging as one of the bright stars in the COVID-19 dark sky.
