Michael Piro, chief operating officer at real estate developer Indochina Capital, spoke to VIR’s Trang Nguyen about what local enterprises and authorities should pay attention to in order to welcome more quality investment. What is the level of interest in investing in Vietnam among foreign investors, through either direct or indirect investment routes? Vietnam has always been a hotspot for attracting foreign investment. By World Bank figures, Vietnam ranked third in 2016 in terms of foreign direct investment (FDI) attraction in Southeast Asia, behind Singapore and Malaysia. Looking at the recent trends in FDI, Vietnam continues to perform extremely well, with 2017 hitting a record not seen since 2009 in terms of both registered FDI ($35.9 billion) and disbursed FDI ($17.5 billion). Although the majority of this investment was directed towards the manufacturing industry (44.2 per cent of total FDI), the real estate sector ranked third, with 8.5 per cent of total FDI. To us at … [Read more...] about Letting the market take care of M&As
Why is hospice care needed
Cooperation badly needed to fight flood at TSN airport HCMC - Tan Son Nhat International Airport has struggled against flooding upon any torrential rain that submerges many parts inside and outside the airport, while involved parties have yet to reach consensus in taking preventive measures. As fighting flood at the sprawling airport requires the participation of many relevant agencies, tight cooperation is in dire need for efficiency, Lao Dong newspaper reports. Therefore, an interdisciplinary group for coordinating the anti-flood efforts has been established at a meeting on June 7, comprising representatives of the HCMC Steering Center for the Urban Flood Control Program, Tan Binh District People’s Committee, the Urban Traffic Management Center No.1 and other relevant agencies. The group, led by Bui Xuan Cuong, director of HCMC Department of Transport, will work together to tackle flooding outside the airport, while for areas inside, the transport department suggested the … [Read more...] about Cooperation badly needed to fight flood at TSN airport
Viet Nam News Farmers are suffering a paradox of “good crop but prices drop” with one of main reasons being weak application of post-harvest technology. Associated Prof. Dr. Nguyễn Thị Bích Thủy, head of the post-harvest technology section of the Việt Nam Agriculture Academy, talks with Kinh Tế Việt Nam và Thế Giới (Việt Nam and World Economy) Magazine about the issue. Could you explain the important role of post-harvest technology in agricultural production, especially for Việt Nam – a country with an advantage edge of exporting agricultural products? Việt Nam’s agricultural products have lots of potential. Some products were on top of the world exporting list. However, Việt Nam’s current post-harvest technology has been lagging behind. The post-harvest losses were still high, about 12-15 per cent to grain products, and 25-30 per cent to fruits and vegetables, even … [Read more...] about Post-harvest technology is lagging behind
Dr. Andres Sosa. — Photo courtesy of Family Medical Practice Viet Nam News By Dr Andres Sosa* Humans are born with 270 bones. By the time we become adults, we only have 206 bones left because some of the bones join as we grow. Bones support and protect the organs in our body, produce blood cells, store minerals and allow our muscles and joints to move. Our bone is alive and can repair itself if it is broken, a slow process that usually takes three weeks. Bones can get larger and stronger with exercise and smaller and weaker if we do not exercise enough. Bones, muscles, ligaments, cartilages and joints together make us move, and movement is essential for life. All these elements work as a team called the “Musculoskeletal System”. Who is an orthopedic surgeon? Orthopedic surgeons are specialised doctors who treat musculoskeletal (bones, joints, ligaments or muscles) problems in adults and children. All orthopedic surgeons must finish six to … [Read more...] about To your health: Orthopedic care for children
VietNamNet Bridge - Mild sanctions, greedy traders and buyers who lack knowledge of safe food are among the reasons that have facilitated the rampant use of unsafe and even toxic food in Vietnam. Greedy traders At midnight on a day in January 2016, a specialized vehicle of inspectors of the HCM City Veterinary Department suddenly approached Nam Phong slaughterhouse in Binh Thanh District. This facility slaughters more than 1,000 pigs each night from pig farms in southern provinces like Dong Nai and Binh Thuan to serve markets in HCM City. The inspectors detected 124 pigs positive for the banned substance salbutamol, which is used to create lean meat. The substance is very toxic to human health since it can cause cancer. However, in this "raid," the authorities could only make a record and impose administrative fine on the owner of the slaughterhouse. They could not seize the pigs with the banned substance. The owners of the pigs made a commitment to not slaughter the pigs until … [Read more...] about Why is unsafe food rampant in Vietnam?
France-based Reporters Without Borders (RSF) on March 12 released a so-called survey on the right to freedom of expression on social networks. RSF’s Secretary General Jean-Francois Julliard said in a communique that around 60 nations have censored the Internet to some extent, and at the same time have disturbed network citizens (netizens). It was very odd when RSF continued to announce its list of “Enemies of the Internet” which included 10 nations often harassed by RSF – including Vietnam, Cuba, China, Myanmar, the Democratic People’s Republic of Korea and Iran. Besides the list of “Enemies of the Internet”, 16 other nations were placed under “surveillance” such as Australia , France , the Republic of Korea , Sri Lanka , Thailand and Malaysia . In its report, RSF mentioned a series of cases in Vietnam the organisation itself called violations of Internet freedom and “spontaneously” cited the blocking of the social … [Read more...] about Bản in : RSF: Why is the same play restaged all the time?
In a report to the National Assembly on March 22, former Vietnamese Prime Minister Nguyen Tan Dung said that although the poverty rate has fallen over the past five years, government policies are still ineffective in areas occupied by ethnic minorities. Below I’d like to present my own views on why poverty reduction efforts have been failing ethnic minorities in the Central Highlands following my month long journey in January 2013 across the region, where I interviewed poor ethnic people and local authorities.(*) There’s one thing poverty reduction projects in the Central Highlands have in common. They assume that ethnic minorities follow the same values and view life through the same lens as Kinh ethnic people (the majority Vietnamese). That is, ethnic minorities want to get rich like the Kinh (it doesn’t necessarily mean they don’t like the idea of being rich), and so they are provided with a fishing rod, instead of a fish. However, countless livelihood … [Read more...] about Why can’t Central Highland ethnic minorities seem to escape poverty?
France-based Reporters Without Borders (RSF) on March 12 released a so-called survey on the right to freedom of expression on social networks. RSFâs Secretary General Jean-Francois Julliard said in a communique that around 60 nations have censored the Internet to some extent, and at the same time have disturbed network citizens (netizens). It was very odd when RSF continued to announce its list of âEnemies of the Internetâ which included 10 nations often harassed by RSF â including Vietnam, Cuba, China, Myanmar, the Democratic Peopleâs Republic of Korea and Iran. Besides the list of âEnemies of the Internetâ, 16 other nations were placed under âsurveillanceâ such as Australia , France , the Republic of Korea , Sri Lanka , Thailand and Malaysia . In its report, RSF mentioned a series of cases in Vietnam the organisation itself called violations of Internet freedom and âspontaneouslyâ cited the blocking of the social networking site, Facebook, without giving any … [Read more...] about RSF: Why is the same play restaged all the time?
VietNamNet Bridge - That is the question that Dr. Vu Minh Khuong, a lecturer at the National Singapore University, has received from many Singaporeans. They said Singapore has only one seaport and one Sentosa Island while Vietnam has many seaports and many beautiful islands like Phu Quoc, Ha Long, Van Phong, etc. but it is listed among countries with low average per capita income and low competitiveness. This question is difficult for Singaporeans but it is not difficult for those who understand Vietnam. Dr. Khuong said that Vietnam has a large potential for development but Vietnam doesn't know where it should focus. According to Khuong, Vietnam's case is like that of a man who is very versatile, who can play music very well and can also draw nice paintings. With so many talents, he sometimes does scientific research, other times plays music and then draws paintings and in the end he doesn't become a scientist nor a musician nor a painter. For example, Quang Ninh province in … [Read more...] about Sitting on mounts of gold, why is Vietnam still poor?
The United Nations Educational, Scientific and Cultural Organisation (UNESCO) on Thursday added Vietnam's xoan singing into the world's List of Intangible Heritage in need of urgent protection. The decision was announced during the sixth session of UNESCO's Intergovernmental Committee for the Safeguarding of Intangible Cultural Heritage, taking place in Indonesia's Bali from Nov. 22 to 29. The meeting has added other traditions of other countries. Vietnam's xoan singing dossier was the only one to gain complete consensus from the appraisal body, according to Doctor Nguyen Thi Minh Ly, former deputy head of the Cultural Heritage Division, the Vietnamese Ministry of Culture, Sports and Tourism, who is attending the UNESCO meeting. Xoan singing is practiced in sacred places in the northern province of Phu Tho province during spring. Based on legends and historical, archaeological and social records, researchers say xoan singing first appeared in the time when the Hung Kings … [Read more...] about UNESCO: Vietnam’s xoan singing is heritage in need of preservation