The Ministry of Education and Training will consider adding Vietnam’s successful defence against China's 1979 invasion of the north and battle of the Paracel Islands 1974 to school history books, said a ministry official. Deputy Minister of Education and Training Nguyen Vinh Hien said that some contents related to the Vietnam conflict with the Cambodian Khmer Rouge, China's 1979 invasion of northern Vietnam, the battle of the Paracel Islands 1974 fought between South Vietnam and China as well as information about Spratly and Paracels are included into textbooks. The Ministry of Education and Training considers adding Vietnam’s successful defence against China's 1979 invasion of the north However, due to the limited number of pages, these events are mentioned in briefly, and readers have claimed there is insufficient detail. The ministry has received proposals from historians and experts about the necessity to bring the history of these conflicts to schools in a more … [Read more...] about Education ministry considers adding Chinese conflict to text books
By Nguyen Ha  April 13, 2018 | 04:10 pm GMT+7 A Vietnam Airlines' Airbus A350 during landing at Noi Bai International Airport. Photo by Vietnam Airlines New routes will avoid the war-torn area as world powers make their moves. The worst crisis to have broken out between the U.S. and Russia since the Cold War has forced Vietnam's flagship airline to look for alternate routes. Flights between Vietnam and Europe will be diverted from over the Black Sea due to possible military action in the Middle East, Vietnam Airlines announced on Thursday. Vietnam Airlines currently operates flights over the Black Sea and the Mediterranean Sea, approximately 600-700 kilometers from Syria. New routes will increase flight times by 15 minutes, and double the distance between the war-torn country. The European Aviation Safety Agency on Wednesday issued an alert of potential air and missile strikes into Syria in the next 72 hours, but did not name where the attacks … [Read more...] about Syria crisis forces Vietnam’s flagship airline to make about turn
Fiscal consolidation, together with low inflation rates in 2018, are chief drivers for Viet Nam’s continuously stabilising macro economy in the context of rising global trade protectionism and turmoil, said the Asian Development Bank (ADB). Fiscal consolidation, together with low inflation rates in 2018, are chief drivers for Viet Nam’s continuously stabilising macro economy in the context of rising global trade protectionism and turmoil, said the Asian Development Bank (ADB). - Photo dantri.com.vn According to the ADB’s 2018 Asian Development Outlook (ADO) released on Wednesday, Viet Nam will continue to achieve a strong GDP growth of 7.1 per cent this year, before falling to 6.8 per cent in 2019. "Aided by effective macroeconomic management, economic growth will spurt in 2018, with Viet Nam becoming one of the strongest performers in the region," said Eric Sidgwick, ADB Country Director for Viet Nam. "Viet Nam‘s robust economic growth will be driven … [Read more...] about Vietnam’s economy stablises in 2018
Washington and Beijing are going toe-to-toe in a trade spat, and Vietnam is set to become embroiled in the conflict, for better or for worse. The row is likely to deal a blow to export-reliant Vietnam, as its overseas shipments form part of China’s value chain. “If the U.S imposes high tariffs on China’s broader cross-border supply chain, Vietnam, which exports goods that serve as inputs for China’s exports, will be badly hit,” said economist Le Dang Doanh. It’s unclear whether Washington will tax Chinese firms alone or their wider supply networks. About 2.2 percent of Vietnam’ shipments abroad are part of China’s value chain, Bloomberg quoted date from RHB Bank Bhd as saying. Sharing the same opinion, Steven Schwartz, senior director of sovereign ratings for Asia at Fitch Ratings, said South Korea, Taiwan, Vietnam and Malaysia, all of which export goods – such as machine parts and components for communications equipment … [Read more...] about What does Vietnam have to lose or gain from US-China trade war?
Viet Nam News HÀ NỘI – Fears of a trade war between the US and China have rocked global stock markets in recent sessions, but experts anticipate limited effects on Việt Nam’s securities market growth as the market is on solid footing and is increasingly reliant on domestic demand. On March 22, US President Donald Trump signed a memorandum that would impose 25 tariffs on up to US$60 billion in annual imports from China. In retaliation, China announced similar tariffs on about $3 billion of US imports. Though there is still speculation that China may expand its target to a broader range of US business interests, international experts believe the current trade spat between the two economic powers will be resolved through ongoing negotiations rather than moving toward a full-fledged trade war. This issue, however, continues to weigh on investor sentiment and raise near-term volatility in global markets. Việt Nam’s securities market performed … [Read more...] about Global trade war risk has limited impact on Vietnam’s securities