According to the IMF’s forecast, the GDP of Thailand and Vietnam will equal more than $690 by 2027 (Thailand $692.6 billion and Vietnam $690.11 billion). By 2024, according to the IMF’s forecast, Singapore may drop to sixth place in Southeast Asia in terms of economic size. At that time, Vietnam is still in fourth place, after Malaysia. By 2025, Vietnam will rise to the third position in Southeast Asia in terms of economic size with a GDP of USD 571.12 billion. After Indonesia ($1630 billion) and Thailand ($632.45 billion) and ahead of Malaysia ($556 billion), the Philippines ($523.53 billion), Singapore…
Author: Kevin Le
Build underground tanks against flooding At the May meeting of the Hanoi People’s Committee, Director of Construction Department Vo Nguyen Phong continued to propose solutions to solve the problem of flooding in the inner city and some areas. inherent in heavy rain. Accordingly, the Hanoi Department of Construction proposed to coordinate with the Department of Agriculture and Rural Development and drainage units and irrigation companies to report to the City People’s Committee to study and propose immediate and long-term solutions (first and foremost). investing in urban drainage pumping stations; water storage tunnels in low-lying areas to reduce local flooding; upgrade…
According to a report in the Global Times, this unexpected online gathering was attended by officials from all provinces, cities and municipalities. Senior Chinese officials were also in attendance, including Prime Minister Li Keqiang, who urged authorities to take action to preserve jobs and reduce unemployment. In the worst case The country’s economy has been hit in many different ways since the Covid-19 wave spread in March, leaving many major cities affected by blockade measures. Most notably, a financial center like Shanghai suffered for a month and a half from being unable to leave their home or surrounding areas. According…
“Excited”, “relieved” is the general feeling of many international tourists after they can travel again. They choose Vietnam because of its easy entry policy compared to many Asian countries. Tre (29 years old) and Alina (27 years old), from Ohio State (USA), have long wanted to explore Vietnam with other Asian countries and have made a plan. However, the epidemic occurred, delaying their plans for 2 years. “Initially, we agreed to accept the additional quarantine time upon entry if Vietnam still needed it. When it was time to go, that arrangement was also lifted. Everything is so much easier and…
Domestic airlines struggled to bear the brunt as fuel prices continued to rise and profits “eroded.” Commenting on VTC News, a representative of Vietnam Airlines said the airline is facing a lot of problems due to the sharp increase in fuel prices. On March 10, the world spot oil price reached $161/barrel, while the average price in 2021 was only about $73/barrel. With this more than doubling increase, airline production and operating results were greatly impacted. The more airlines fly, the higher the costs and the more losses. By calculations, with only USD 1/barrel/year increase or decrease, the cost increase…
Recently Forbes magazine announced the list of 10 YouTubers who will make the most money thanks to their videos on YouTube in 2021. This list includes the little girl Anastasia Radzinskaya, owner of the YouTube channel “Like” Nastya” and a series of YouTube channels (members) in many different languages for children. According to statistics, the amount of money Anastasia earned in 2019 was estimated at USD 18 million. In 2020, Anastasia continues to appear in the top 10 highest-earning Youtubers, ranking 7th, with a cash prize of USD 18.5 million. In 2021, Anastasia has made a total of $28 million…
Despite closing its borders to foreign visitors, Japan still tops the World Economic Forum’s latest travel rankings. Japan tops the list of favorite destinations according to the World Economic Forum’s (WEF) recently released 2021 Travel and Tourism Development Index. The survey assessed 117 countries and regions, with the US in second place, followed by Spain, France and Germany. Previously, Japan was ranked 4th in the 2019 evaluation criteria and 2nd in 2021. In other categories of the ranking, Japan ranks 4th for air transport infrastructure and cultural resources, 6th for ground and port infrastructure, and 12th for natural resources. The…
On the afternoon of May 31, some general agents and gas shops in Ho Chi Minh City said they had received notification of a gas price cut from June 1 with a popular cut of 31,000 VND / 12 kg bottle. According to the Vietnamese LPG trading company – PV GAS Southern (Petro VietNam), the world price of imported gas under contract (CP) just closed in June at USD 750/ton, a decrease of USD 105/ton compared to the previous month 5 . Therefore, the retail gas price in the country has also been reduced by 2,583 VND/kg, which is equivalent…
The Impact Challenge At SEA – a program to discover, nurture and invest Impact startups sponsored by the Korean International Cooperation Agency (KOICA), co-hosted by Impact Square, Nexttrans and Merry Year International Korea, officially launched today in Vietnam. This year’s program with the slogan “See the impact, Sail to innovation” aims to allocate a total of USD 100,000 to potential impact Start-ups that contribute to solving environmental problems or using digital technology. The total prize of USD 100,000 includes USD 50,000 for the final winner, USD 20,000 for the second winner, USD 2,500 each for the rest of the top…
According to Booking.com’s Travel Predictions 2022 report, 79% of Vietnamese travelers believe that travel is the most important method of enhancing people’s mental and emotional well-being and 84% of travelers confirmed that planning a vacation is a positively affect their emotional well-being. Based on this data, it is therefore clear that self-care travel is still a priority. To celebrate Global Wellness Day, Booking.com has put together a list of destinations where you can find inner peace. From breathtaking beauty in Sapa to the clear jade waters at Quang Binh, these travel ideas will inspire you to find the right destination…