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Showing posts with the label 2024 at 12:54PM

The Radiance of Nha Trang: An Illuminating Festival for 2024

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At the opening ceremony, Deputy Minister of Culture, Sports, and Tourism, Ho An Phong, emphasized that the event was more than just an international cultural and entertainment festival. It was also a celebration of the natural beauty, rich culture, and vibrant people of the beach city of Nha Trang. He noted that the festival presented an opportunity to showcase a peaceful, developing, and culturally prosperous Vietnam to the world. Ho An Phong expressed his confidence in the festival’s ability to boost local tourism, helping Khanh Hoa achieve its ambitious target of welcoming 9 million visitors this year, including 3 million international tourists, with a projected tourism revenue of VND40 trillion (approximately US$1.6 billion). The festival, a spectacular showcase of lights and culture, took place over two nights. The first evening featured a drone light show competition between teams from the Republic of Korea and China, with the theme “Glamour Nha Trang.” The night also include...

The World Economy Through India’s Lens

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India has solidified its position as a promising growth leader in the world economy, propelled by new paradigms such as the vision for a “Viksit Bharat” by 2047. In recent years, India has impressed the world with its resilient economic trajectory, achieving robust post-COVID GDP growth rates. From 2021 to 2024, India’s GDP grew by 9.1%, 7.2%, and 8.2%, respectively, averaging over 8% during this period. As the fastest-growing major economy, India is influencing the global ecosystem and attracting the new economic order towards the Global South. India’s outstanding G20 Presidency has established the country as a global thought leader, connecting regions through initiatives like the India-Middle East-Europe Economic Corridor (IMEC). Landmark initiatives, including the Delhi Declaration, the Global Biofuel Alliance, green initiatives to mitigate climate change, and the consent for cryptocurrencies, have positioned India as a beacon of global growth. These initiatives will significant...