Vietnam

Enhancing economic prosperity in the Asia Pacific region

Da Nang, Vietnam will play host to the 2017 Asia Pacific Economic Cooperation (APEC) Economic Leaders’ Week from November 6-10.APEC is the leading economic forum in the Asia Pacific region with a focus on supporting sustainable economic growth and prosperity of economies within the region. To date, it is the only such intergovernmental grouping in the world with a commitment to reduce trade and investment barriers without requiring its members to enter legally binding obligations.

6 November 2017
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Vietnam's central bank confident of keeping currency stable

Vietnam’s central bank said record-high foreign reserves will enable it to keep the currency stable for the rest of the year as the government focuses on boosting growth in the Southeast Asian economy.With reserve levels at 45 billion dollars, “we are confident that we will be able to maintain the dong’s value,” in 2017, Nguyen Thi Hong, deputy governor of State Bank of Vietnam, said on the sidelines of a meeting in Hoi An on Saturday.

23 October 2017
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Zero waste, zero problems for Southeast Asia

Southeast Asian nations have become increasingly concerned over environmental issues in recent years as the region has become more polluted due to rapid urbanisation and deforestation. As a whole, the region has to deal with transboundary haze pollution, depletion of natural resources and urban environmental degradation.

19 October 2017
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South Korea looking south towards ASEAN

South Korean President, Moon Jae-in will be visiting three ASEAN (Association of Southeast Asian Nations) countries next month – namely Indonesia, Vietnam and the Philippines for the first time since assuming office in May this year.His visit to Indonesia on the November 8 will kickstart the three-nation tour of the region where he is scheduled to meet his Indonesian counterpart – President Joko Widodo – and is expected to hold a summit in the Indonesian capital of Jakarta.

13 October 2017
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Vietnam's flood and landslide toll hits 54

The death toll from devastating floods and landslides in north and central Vietnam has jumped to 54, officials said Friday, in one of the deadliest weather disasters to hit the country in years.Rescuers were desperately searching for 39 people still missing after heavy rains pounded several provinces this week, with forecasters warning of another major storm heading toward the country.

13 October 2017
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LGBT Community Threatened In ASEAN

World renowned philosopher Plato once said, "we can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light."At a time when the rest of the world is fighting for tolerance and human rights, the 10 ASEAN (Association of Southeast Asian Nations) member states are seemingly lagging behind in promoting equality for all. The region is facing issues pertaining to gender equality in the workforce.

8 October 2017
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Vietnam sacks top communist official

The communist party chief of one of Vietnam's largest cities was fired Friday for violating party rules, the government said, part of the country's massive anti-corruption sweep targeting political heavyweights and executives.Dozens of bankers, businessmen and current and former officials have been toppled in recent months as the notoriously corrupt one-party state vows to punish wrongdoing and polish its public image.Analysts say the campaign is about political infighting as much a

7 October 2017
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Go-Jek to expand beyond Indonesia

Go-Jek, Indonesia’s first billion-dollar startup, is looking to expand its ride-hailing services to three to four countries in Southeast Asia, escalating its rivalry with Grab and Uber Technologies.Co-founder and Chief Executive Officer Nadiem Makarim didn’t specify the countries or services that Go-Jek will target, but said in an interview they will be places with a large population and where cash rules, hinting that Go-Jek’s digital payment service will be a key part of its push into new ma

2 October 2017
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Working towards a better Southeast Asia

"There is no straight path from your seat today to where you are going. Don't try to draw that line. You will not just get it wrong, you'll miss big opportunities. And I mean big-like the Internet," Sheryl Sandberg, the Chief Operating Officer of Facebook, said during the annual Class Day ceremonies at Harvard College in the US."Careers are not ladders, those days are long gone, but jungle gyms.

1 October 2017
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Stable Vietnam currency aids central bank in growth push

Vietnamese working abroad and sending money home will help keep the currency stable and enable the central bank to focus on supporting economic growth, a senior official said.Nguyen Hoang Minh, deputy head of the State Bank of Vietnam in Ho Chi Minh, said remittances to the city are forecast to rise 10 percent to 5.5 billion dollars this year, helping ensure enough supply of foreign currency.

26 September 2017
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Two Vietnamese fishermen dead in Philippine navy chase

Two Vietnamese fishermen were found dead and five others arrested after a sea chase ended in a collision in Philippine waters at the weekend, authorities said Monday.A Philippine patrol ship pursued six Vietnamese fishing boats 30 nautical miles off the northern coastal town of Bolinao, a regional military spokesman told AFP.Officials are investigating the cause of the pair's death, but their bodies were found after a Vietnamese boat slammed into the Philippine vessel, said Lieutenant Jo

25 September 2017
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Deforestation – a modern-day plague in Southeast Asia

Southeast Asia is known for its vast rainforests which constitute about almost 20 percent of forest cover with the richest biodiversity in the world. What the region is also known for is its alarming rate of deforestation. The region has the highest rate of deforestation of any major tropical region followed by Latin America and Africa.

23 September 2017
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