Bau Truc pottery village in Ninh Thuan (Source: VNA) Ninh Thuan (VNA) – The south central province of Ninh Thuan is pooling resources to develop ecological, cruise, and cultural tourism with competitive, high-quality products, insiders have revealed. Accordingly, the provincial authorities have issued mechanisms to pitch for investment in luxury resort products along the coastal areas of Binh Tien, Vinh Hy, and Ninh Chu, as well as in the Nui Chua and Phuoc Binh national parks. Urban, cruise, cultural, and agricultural ecological tourism are some of the biggest attractions in Phan Rang-Thap Cham city and its nearby areas. Elsewhere, Ninh Phuoc and Thuan Nam districts offer craft village tours, sand hills, and adrenaline sports. Binh Ac and Ninh Son districts have been developing ecological products, resorts, and cultural tours. Chairman of the provincial People’s Committee Luu Xuan Vinh said investors will be able to enjoy incentives such as tax reduction and waivers … [Read more...] about Ninh Thuan looks to develop tourism into pillar economy
Economy
Sustainable Forest-and Bio-Economy project launched in Hanoi
Overview of the launching ceremony for the project The event saw the participation of representatives from EU delegation to Vietnam, embassies of partner countries and Vietnamese agencies. The (BioEcoNet) project, under Eramus+ programme, which covers biobased economy, bioeconomy or biotechonomy, refers to all economic activity derived from scientific and research activity focused on biotechnology. The term is widely used by regional development agencies, international organizations, biotechnology companies. It is closely linked to the evolution of the biotechnology industry. The ability to study, understand and manipulate genetic material has been possible due to scientific breakthroughs and technological progress. The evolution of the biotechnology industry and its application to agriculture, health, chemical or energy industries is a classic example of bioeconomic activity In times of resource scarcity, a bio-economy based on renewable resources like … [Read more...] about Sustainable Forest-and Bio-Economy project launched in Hanoi
Richest economies enjoy biggest pay raise in a decade
Enda Curran, Shobhana Chandra and Jeanna Smialek Bloomberg Published 10:21 PM EDT Sep 16, 2018 Workers in the world’s richest countries are getting their biggest pay bump in a decade, a step toward solving a labor market puzzle that’s unnerving central bankers. As shrinking unemployment in the U.S., Japan and euro zone finally forces companies to lift wages to retain and attract staff, JPMorgan Chase & Co. reckons pay growth in advanced economies hit 2.5 percent in the second quarter, the most since the eve of 2009’s worldwide recession. The bank predicts wages will accelerate 3 percent next year. Fatter wallets should support global economic growth already enjoying its best upswing since 2011, while encouraging central banks such as the Federal Reserve to keep tightening monetary policy before inflation takes hold. It may prove less welcome news for stock and bond prices. “It’s a good thing: you’re more confident in the sustainability of … [Read more...] about Richest economies enjoy biggest pay raise in a decade
Toyota Corolla sedan has great styling, a premium interior, good fuel economy
By G. Chambers Williams III, AUTOS CORRESPONDENT Updated 12:00 am CDT, Saturday, September 15, 2018 The 2018 Toyota Corolla sedan has ample seating for up to five people, and lots of standard and optional equipment. That includes SofTex faux leather seats on the uplevel XSE model. (Toyota photo) The 2018 Toyota Corolla sedan has ample seating for up to five people, and lots of standard and optional equipment. That includes SofTex faux leather seats on the uplevel XSE model. (Toyota photo) The Toyota Corolla is 50 years old this year, having been introduced as a 1968 model. This is the current Corolla sedan, which starts at $18,700 and ranges as high as $22,880 (2019 pricing). (Toyota photo) The Toyota Corolla is 50 years old this year, having been introduced as a 1968 model. This is the current Corolla sedan, which starts at $18,700 and ranges as high as $22,880 (2019 pricing). (Toyota photo) The Corolla’s unibody — with body and frame combined in a … [Read more...] about Toyota Corolla sedan has great styling, a premium interior, good fuel economy
Vietnam economy sees bright outlook for 2018
In addition to a bright outlook for the economy, the Ministry of Planning and Investment (MPI) pointed to a number of challenges to the economy, including trade wars between nations, geopolitical risks, growing trend of protectionism and nationalism. Vietnam is expected to maintain its growth momentum from last year, posting a bright economic outlook for 2018, stated the MPI. 12 economic targets within reach According to the MPI's recent report, all 12 economic targets set by the National Assembly for 2018 could be achieved, eight of which may exceed expectations. Specifically, the GDP growth rate for 2018 is set to reach 6.7%, while the MPI predicted the agriculture - forestry - fishery sector to reach growth rate of 3.3% this year, thanks to marked improvements recently. Additionally, the industry - construction and services sectors are expected to reach growth rate of 7.59% and 7.35%, respectively. Vietnam's nominal GDP in 2018 is forecast to stand at … [Read more...] about Vietnam economy sees bright outlook for 2018