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In its article, the leading financial newspaper of Japanese media giants Nikkei Inc., said Vietnam is targeting a growth rate of 6.5% this year. The agency stated Vietnam’s exports will likely continue to be supported by US tariffs on Chinese goods and that in order to avoid US tariffs, importers have shifted demand from China to alternative suppliers, with this trend likely to continue. According to the agency, before the pandemic, Southeast Asia achieved collective annual growth of about 5% for many years, making it one of the world's best-performing regions. The region also became an attractive investment destination, with a relatively young population driving demand and providing plenty of labour. These advantages remain in place, but first the region needs to stamp out COVID-19. Nikkei also reported that Southeast Asian economies are aiming to this year regain the growth momentum they had before the COVID-19 pandemic caused historic declines in 2020. A look at early … [Read more...] about Vietnam’s economy to be Southeast Asia’s growth leader in 2021: Nikkei

The achievements of Vietnamese women “steering” large corporations have been recognized internationally. Nguyen Thi Bich Van In early 2021, on its Facebook page, IBM Vietnam for the first time announced the appointment of a female Vietnamese CEO to replace a foreign CEO who had been working for IBM for 25 years. The woman, Pham Thu Diep, is the first IBM’s ‘female general’ in the company's 25 years of operation in the Vietnamese market. It is now more common to see women managing large corporations in Vietnam such as Mai Kieu Lien, CEO of Vinamilk; Nguyen Thi Nga, president of BRG; Nguyen Thi Phuong Thao, CEO of Vietjet; and Le Thi Thu Thuy of VinFast are some of the names. However, becoming a CEO of a foreign invested technology firm is still rare in Vietnam. Before taking the office as CEO of a technology firm, Diep was a high ranking manager with 23 years of experience in the IT field. Starting her career at TRG International, she later held posts at Exact, which … [Read more...] about Vietnamese female CEOs listed among top global business leaders

A campaign seeking ideas for Hanoi's street decoration and lighting for this year has been launched by the municipal Department of Culture and Sports. Children and their parents play at Ly Thai To Square in Hoan Kiem Lake. — VNA/VNS Photo Hoang Hieu According to the organisers, the campaign aims to create a joyful and exciting atmosphere for citizens on national holidays and major anniversaries of the nation, in addition to aiding the political and decorative tasks of the city. It is also set to contribute to preserving and promoting the national cultural identity and typical values of Hanoi as a thousand-year-old capital, creative city and city for peace, as well as meet the increasing demands of cultural enjoyment of citizens. Themed 'Hanoi -- Creative City' and 'Hanoi Congratulates the Party and Celebrates a New Spring', designs must be of high aesthetic, suitable to surrounding landscape, lightning systems and architecture. They are also expected to contain … [Read more...] about Hanoi launches city decoration and lighting campaign

Visitors to the Hùng Temple Relic are asked to wear masks and keep their distance from others. — VNA/VNS Photo Trung Kiên HÀ NỘI — The Hùng Kings Festival, which pays tribute to the founders and first kings of the nation, will be held similarly to last year, with ceremonial activities but no festivities. The plans for the national major festival were decided at a meeting of the People's Committee of the northern province of Phú Thọ where it is held annually. The ceremonies will be conducted with the death anniversary of the great father of the nation Lạc Long Quân and the incense offering to commemorate great mother of the nation Âu Cơ on April 17 and incense offering ceremony to commemorate the Hùng Kings and the flower offering ceremony on April 21. Speaking at the meeting, vice chairman of the Provincial People's Committee Hồ Đại Dũng said the event would take place in a respectful atmosphere, while strictly abiding by measures to prevent COVID-19 from … [Read more...] about Hùng Kings Festival 2021 to exclude festivities

A year on since the Covid-19 pandemic first began Vietnamese are taking more control of their health and finance, driving greater interest in fitness and well-being along with insurance and retirement planning. — Photo courtesy of Manulife HCM CITY — A year on since the Covid-19 pandemic first began Vietnamese are taking more control of their health and finance, driving greater interest in fitness and well-being along with insurance and retirement planning, as Asia looks to the longer-term impact of the disease, according to new research from Manulife. The latest version of the ‘Manulife Asia Care Survey’ takes a closer look into customers’ concerns, priorities and aspirations, polling 4,000 people across the region who either own insurance or intend to buy it in the next six months, including around 520 in Việt Nam. Nearly all (95 per cent) of those who worry most about Covid have made an effort on a personal level to improve their overall health, mostly through more … [Read more...] about Vietnamese prioritise health, finance following pandemic: survey