According to data from the General Statistics Office, total realized foreign direct investment (FDI) in Vietnam increased by 15.1% after 11 months compared to the same period last year, reaching the highest level in the past 5 years. The processing and manufacturing industry continues to lead in attracting FDI. Manufacturing continues to lead in FDI pick-up (Photo: Nhu Y) In which manufacturing and manufacturing reached USD 15.52 billion, accounting for 78.8% of total foreign direct investment capital generated. The real estate business and the production and distribution of electricity, gas, hot water, steam and air conditioning all reached about 1.4…
Author: Kevin Le
In 2022, Portugal became the best European country to live in retirement. And according to the Global pension index, the state took fourth place. Retirees are particularly attracted by excellent health care, a high level of security, affordable prices and many leisure options. Portugal and medicine Portugal spends 9.1% of its GDP on healthcare, ranking it twelfth in the EU. The Euro Health Index ranked Portugal’s medical care 13th – the state ranks ahead of Spain, Italy and Britain. Free medical care is guaranteed for Portuguese citizens. Health insurance in Portugal is also available for retirees, which is rare these…
Vietnam’s labor productivity growth rate reached six percent in the period 2011-2020, but still lags compared to other countries in the region, local media reported. Despite the issue of a regulatory framework essential for the improvement of this indicator in the period 2011-2021, policies and institutions on the ground still need to be completed and synchronized. Speaking at a conference on the topic, the deputy director of the Central Institute of Economic Management, Dang Duc Anh, warned that the gap in rural areas is widening and labor productivity growth is not behaving in the same way between industries and regions…
Every Tuesday, 79-year-old Nguyen Thi Loc joins a group of gray-haired students to study English in a house in Hanoi, with the aim of socializing and keeping her brain sharp. The informal classes are free and taught by Phung Thi Yen, who is trained as an English teacher but currently works as an office worker. It’s because a growing number of scientific studies show the benefits of learning a language to maintain and improve cognitive skills, including for seniors. Loc has never learned a foreign language, but with her newly acquired skills she sings in unison with her classmates: “Never…
Thanks to the explosion of technology and online shopping trends, the freight industry is growing. According to a new report published by the Institute of Labor and Social Sciences, the percentage of highly qualified shippers in Vietnam currently stands at 36.6%. With a high income, more and more people, even though they are trained from different professions, are choosing this as their main and long-term job. Wanting to have money to continue his studies and pay for an expensive life in the capital, Khoa chose to become a technology transporter. As an engineering student, it is very difficult to find…
Prudential Vietnam Assurance Private Ltd. (Prudential Vietnam) organized the Aging Summit 2022 with the subject “Aging Population – Opportunities and Challenges for the Millennial generation”. The program brought together the Institute of Labour, Science and Social Affairs – ILSSA, the Institute of Social and Medical Studies – ISMS and media partner Vietcetera. The event was broadcast live on VnExpress’s online newspaper and Fanpage. Aging Summit 2022 was the culmination in a series of activities of the “Independent Seniority” project, initiated in 2020 by Prudential Vietnam and extended to date. The purpose of the summit was to raise awareness of the…
According to the website vietnam-briefing.com, investments in infrastructure, commercial environment and competitive wages are the three main factors that help Vietnam’s economy to grow steadily. In terms of infrastructure investment, Vietnam has invested about 6% of its gross domestic product (GDP) in infrastructure – one of the highest levels of investment in the ASEAN region. This expenditure includes some major investment items, such as the North-South highway from Hanoi to Ho Chi Minh City; Long Thanh International Airport to replace the congested Tan Son Nhat Airport; tram projects in Hanoi and Ho Chi Minh City, as well as combined heat…
The US acted by selling its gas to European countries at a high price, saying, “The US supplies liquefied natural gas (LNG) to Europe at a price 4 times higher than the US domestic market. Transatlantic solidarity is no obstacle to making money at the expense of allies, especially when the latter voluntarily forego cheaper sources of gas supply.” Western countries have stepped up sanctions against Russia since the start of the war in Ukraine on February 24. Supply chain disruptions have led to higher fuel and food prices in the European Union and the United States, driving inflation to…
According to data from the General Bureau of Statistics, the number of visitors from Asian and American countries skyrocketed to a total of nearly 597,000 international visitors to Vietnam in November 2022. The General Statistics Office has just released the number of international visitors to Vietnam in November and 11 months of 2022. Accordingly, Vietnam received 596.9 thousand visitors in November, an increase of 23.2% compared to the previous month and 39.7 times higher than the same month period last year as Vietnam has been opened to tourism, international flight routes have been restored. In the first 11 months of…
After conducting surveys and explorations, international experts have discovered some new branches and about 175 meters more in the longest volcanic cave in Southeast Asia. From November 22-26, 2022, international experts surveyed and explored a number of caves in Krong No volcanic cave system, Dak Nong province. International experts investigate the longest volcanic cave in Southeast Asia The Dak Nong UNESCO Global Geopark Management Board said that according to an announcement by experts, the exploration process of C7 cave – the longest volcanic cave in Southeast Asia – has discovered a number of new branches with a total length of…