Tag: key
Key tourist destinations crowded despite dismal economic outlook
Lookatvietnam – The country’s major tourist destinations were still crowded with revelers during the week-long Tet holidays despite insignificant falls in visitor numbers sparked by the economic downturn. Traffic grows heavy in Dalat during Lunar New Year holidays.Like the previous Lunar New Year holidays, or Tet, destinations near HCMC, such as Nha... Read more
Passion for art is the key to success
Tran Thu Ha with her student, Yen, showing what it takes to become a piano virtuoso.Lookatvietnam - A passion for art together with a serious dedication to learning is the key to success.Le Thi Yen, a student at the Viet Nam National Academy of Music won the silver prize at the third ASEAN International Chopin Piano Competition in Kuala Lumpur this year.Yen said... Read more
HCM City boosts FDI in key projects
The southern economic hub Ho Chi Minh City is accelerating administrative reform in investment licensing and site clearance to attract more foreign direct investment (FDI) in 2009. Lookatvietnam - The southern economic hub Ho Chi Minh City is accelerating administrative reform in investment licensing and site clearance to attract more foreign direct investment... Read more
Vietnam cuts key rate to 7 pct to buoy slowing economy
Vietnamâs central bank cut the benchmark interest rate to 7 percent as the government struggles to buoy an economy which expanded at the slowest pace in almost a decade last year amid the global financial crisis. The State Bank of Vietnam reduced the key rate from 8.5 percent, effective Feb. 1, according to... Read more
Banks flush with dong, expect another key rate cut
VietNamNet Bridge - Banks are awash with liquidity since businesses remain reluctant to borrow because of the high interest rates, bankers said. This has pushed the interbank rates lower, a Hanoi-based dealer at a foreign bank said.Rate fixings for overnight loans eased to 4.41 percent Monday from 5.96 percent a week ago, and 12- month dong loan rates eased to... Read more
Quality not quantity key to economic growth, say experts
VietNamNet Bridge – Viet Nam should focus on quality to ensure sustainable economic development, Vietnamese and Korean experts heard yesterday at a meeting in Ha Noi. Exploiting coal in the northern province of Quang Ninh.The event, held by the Viet Nam Institute of Financial Science and the Korean Development Institute, provided a forum for experts from... Read more
Banks flush with dong, expect another key rate cut
While there is a dong surplus at local banks, the supply of dollars remains tight due to slowing exports and a narrowing difference between dollar and dong deposit interest rates Banks are awash with liquidity since businesses remain reluctant to borrow because of the high interest rates, bankers said. This has pushed... Read more
Competitive edge key to success
VietNamNet Bridge - Economists and investors agreed in Ha Noi yesterday that Viet Nam could not avoid the global economic crisis, but were confident the impact could be minimised if competitiveness was strengthened and domestic investment efficiently maximised. The prime rate cap set by the State Bank of Viet Nam has discouraged many commercial banks from lending... Read more
Key tourism route largely unknown to travelers
VietNamNet Bridge – Nearly half of international travelers to Vietnam have not learned of a tourism route named the East-West Economic Corridor which stretches 1,450 kilometers from Vietnam’s central city of Danang to Laos and Thailand, shows a survey. Travelers had interest in handicraft products. They were pleased with high-class bus services and... Read more
Education key to stop violence against children say officials
VietNamNet Bridge – Closer co-operation between authorities is necessary to raise awareness on the rights of children and to prevent violence against children and other abuses at home and school, officials said at a seminar in HCM City yesterday. The figures were seven times higher in the community and 13 times higher in schools.The lack of knowledge of... Read more
