September 23, 2011 (Vietnamica) – Vietnamese mathematician Professor Hoang Tuy has been named as the first ever recipient of the Constantin Caratheodory Prize for his pioneering work and fundamental contributions to global optimization.
Bloomberg’s Survey: Vietnam’s Coffee Production to Reach 1.32 Mln Tons in 2011-2012 CropSeptember 23, 2011 (Vietnamica) - The Vietnamese coffee production may reach 1.32 million tons in 2011-2012 crop, according to the median estimate in a Bloomberg survey of 12 traders, growers and exporters. That compares with 1.12 million tons, or 18.7 million, 60-kilogram bags, in the last crop, according to a U.S. Department of Agriculture estimate. For 2011-2012, the USDA has forecast output of 1.24 million tons, which would be an all-time high, according to data stretching back to 1959.
September 23, 2011 (Vietnamica) – The International Monetary Fund (IMF) expected that Laos’ 2011 GDP would grow by 8.3 percent. Drivers of the economic growth were constant expansion in mining and hydropower sectors, surge in non-resource exports and tourism, and high local demand (MenaFN, Sept 22).
September 23, 2011 (Vietnamica) – The Indochina region has been an extremely popular vacation destination for years. Not only is this region rich in culture, but it also offers some of the most exotic experiences in the world. However, with the international economy undergoing such tumultuous financial cycles, many international travelers are skeptical of their ability to afford traveling to such a region. Has the Indochina region seen less international tourists or has it been affected by the global recession? While there’s no conclusive answer to this question, we can certainly guarantee that jet charter services in the region...
Vietnam: Central Bank Added Liquidity by US$96 Mln on Sept 21September 22, 2011 (Vietnamica) – The State Bank of Vietnam (SBV) added liquidity to the banking system by injecting VND 2 trillion, or US$96 million, through open market operations, on Sept 21. The central bank provided commercial banks with VND10 trillion, or US$480 million, of 14-day loans at an interest rates of 14 percent per annum (NDH Money, Sept 21).
September 22, 2011 (Vietnamica) – Disaster experts in Vietnam are bracing themselves for further landslides as heavy rains continue. “With more rains expected, the likelihood of further landslides is strong,” Dang Van Tao, disaster risk reduction manager for the International Federation of Red Cross and Red Crescent Societies, told IRIN on Sept 21.
