Vietnam inflation hits 10 year low
Hanoi - XINHUA
Vietnam posted an inflation rate of 6% in December, the lowest level in the past 10 years, the government said on Monday. Minister of Planning and Investment Bui Quang Vinh said the reduced rate helped the government to stabilise the macroeconomy. The economy is expected to grow 5.4% this year, below the government's target of 5.5%. A slowdown in gross domestic product growth was caused by government efforts to tighten credit growth, to trim public investment and the budget deficit. Vinh said the 5.4% growth was reasonable considering the government's priority to contain inflation.
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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