Vice President D​ang Thi Ngoc Thinh presents educational tools and equipment to High School No.14 's teachers and students
The meeting was co-organised by the Vietnam Chamber of Commerce and Industry, Mongolian Employers’ Federation, and Vietnamese Embassy in Mongolia.

The Vice President told local firms about Vietnam’s advantages in attracting investors such as political stability and convenient geographical location.

The same day, the Vice President received S.Dashtsevel, President of the Mongolia-Vietnam Friendship Association, during which she urged the two countries’ friendship associations to continue their close coordination and intensify friendship exchanges and popularization of information on the two countries to strengthen mutual understanding between the two peoples.

S.Dashtsevel confirmed that his association will work to contribute to boosting mutual understanding and cooperation between the two countries.

Also on the day, Vice President Thinh met the management board and students of the High School No.14 named after President Ho Chi Minh.

She presented educational tools and equipment to the school’s teachers and students.

Thinh also visited the Vietnamese Embassy and met representatives of the Vietnamese community in Mongolia.

On May 10 morning, the Vice President is scheduled to leave Mongolia for Tokyo to attend the 27th Global Summit of Women (GWS) and pay working visit to Japan from May 10-16.

The report’s country briefing note on Mongolia reads, “Economic growth in Mongolia slowed to 1.2 per cent in 2016 from a growth rate of 2.3 per cent in 2015 and average growth of 12.3 per cent during the period of the mining boom in 2011-2014.

The plunge in global commodity prices and weaker demand in China mainly accounted for lower economic growth in 2016. Domestic demand was also subdued, as private consumption and fixed investments decreased.

The unemployment rate increased to almost 9 per cent at end-2016.

The mining sector, which had propelled the economy in the past, experienced a drastic fall in foreign direct investment due to waning confidence and investor disputes.

The decline in mining revenues pushed up government debt to nearly 90 per cent of GDP, raising concerns over debt repayments. In this regard, the Government introduced austerity measures in August 2016 and availed itself of external financing assistance. An immediate policy priority is to demonstrate a credible fiscal consolidation plan and effective macroeconomic management.

Growth is projected to pick up to 2 per cent in 2017 and 3.5 per cent in 2018.

An expected increase in global prices of coal and copper, higher coal export volumes to China and the expansion of a major copper and gold mine are some of the contributing factors.

In addition, railway construction under China's Belt and Road Initiative and the signing of a transit transport agreement with China and the Russian Federation are expected to facilitate cross-border trade in this landlocked country.

Beyond exports, the 25 per cent minimum wage hike that became effective in January 2017 could help ease the impact of fiscal tightening and support consumer spending.

To promote medium-term economic development, the Government launched an economic recovery programme for the period 2016-2020, which includes the policy aim of diversifying the country's income sources to non-mining sectors, such as tourism and agriculture”.
Kh.Aminaa

The son of refugees from North Korea, Mr Moon was jailed while a student in the 1970s for leading protests against military ruler Park Chung-hee - Ms Park's father.
Later, he served in South Korea's special forces before becoming a human rights lawyer.
He served as a senior aide to liberal President Roh Moo-hyun, who killed himself in 2009 after leaving office amid bribery allegations.
Mr Moon, of the centre-left Democratic Party, unsuccessfully ran against Ms Park in the 2012 elections.
He has positioned himself as the man who can move the country on from the scandals of Ms Park's era.
"I feel that not only my party and myself but also the people have been more desperate for a change of government," he said while casting his vote.
What are his policies?
Mr Moon has advocated greater dialogue with the North while maintaining pressure and sanctions, in contrast to Ms Park who cut almost all ties.
He has been critical of the two previous conservative administrations for failing to stop North Korea's weapons development.
But while tensions on the Korean peninsula ensured the election was closely watched internationally, for South Koreans the priority has been corruption and the economy, with youth unemployment stubbornly high.
Mr Moon has talked of reforming South Korea's huge family-run conglomerates, known as chaebols, which dominate the domestic economy.

Another key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. Mongolia Growth Group Ltd (MNGGF) currently has Return on Equity of -13.90. ROE is a ratio that measures profits generated from the investments received from shareholders. In other words, the ratio reveals how effective the firm is at turning shareholder investment into company profits. A company with high ROE typically reflects well on management and how well a company is run at a high level. A firm with a lower ROE might encourage potential investors to dig further to see why profits aren’t being generated from shareholder money.

Another ratio we can look at is the Return on Invested Capital or more commonly referred to as ROIC. Mongolia Growth Group Ltd (MNGGF) has a current ROIC of -13.63. ROIC is calculated by dividing Net Income – Dividends by Total Capital Invested.

Similar to ROE, ROIC measures how effectively company management is using invested capital to generate company income. A high ROIC number typically reflects positively on company management while a low number typically reflects the opposite.

Turning to Return on Assets or ROA, Mongolia Growth Group Ltd (MNGGF) has a current ROA of -13.27. This is a profitability ratio that measures net income generated from total company assets during a given period. This ratio reveals how quick a company can turn it’s assets into profits. In other words, the ratio provides insight into the profitability of a firm’s assets. The ratio is calculated by dividing total net income by the average total assets. A higher ROA compared to peers in the same industry, would suggest that company management is able to effectively generate profits from their assets. Similar to the other ratios, a lower number might raise red flags about management’s ability when compared to other companies in a similar sector.