Review Category : News

The World Economic Forum’s latest global competitiveness list, released on Wednesday, ranked Việt Nam 55th overall, up five places from last year and 20 from five years ago.

The Global Competitiveness Report 2017-18 said the country had made notable improvements in all sectors, notably among the basic requirement factors (75th out of 137), including institutions, infrastructure, macroeconomic environment, health and primary education.

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HCM City has attracted US$3.23 billion in foreign direct investment (FDI) in the first eight months of 2017, reported the municipal Department of Planning and Investment.

This is 1.57 times higher than the figure in the same period last year.

One of the biggest FDI projects currently in HCM City is the Saigon Silicon City Project, a research and development project and home to many of the world’s biggest high-tech corporations and technology start-up companies.

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Prime Minister Nguyen Xuan Phuc has called on APEC member economies to accelerate efforts to enable small- and medium-sized enterprises to capitalise on new trade opportunities created by digital advances.

Speaking at the opening of the 24th APEC Small and Medium Enterprises Ministerial Meeting in HCM City on Friday, he said SMEs, the engines of growth and innovation in APEC economies, account for over 97 per cent of all companies and employ 60 per cent of the workforce.

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Improving competitiveness and innovative capacity are some of the key points small and medium enterprises must focus on, said Prime Minister Nguyen Xuan Phuc at the 24th APEC SMEs Ministerial Meeting held today in Ho Chi Minh City.

Hosted by the Ministry of Planning and Investment, the 24th APEC SMEs Ministerial Meeting was attended by representatives of 21 APEC economies and is one of the most important meetings of APEC.

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The World Health Organization (WHO) estimates that as many as 600 million people in the world fall ill every year after eating contaminated food and 420,000 of these people die. U.S. Center for Disease Control (CDC) estimates for those numbers in the U.S. are 48 million people (1 in 6 Americans) get sick, 128,000 are hospitalized, and 3,000 die each year from foodborne diseases, This is a significant public health burden that is largely preventable.

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