Illustrative image (Photo: VNA)The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,959 VND/USD on September 5, down 18 VND from the last working day before the four-day National Day holiday (August 31).With the current trading band of +/-5 percent, the ceiling rate applicable to commercial banks during the day is 25,158 VND/USD and the floor rate 22,760 VND/USD.The opening-hour rates at commercial banks decreased.At 8:45am, Vietcombank listed the buying rate at 23,870 VND/USD and the selling rate at 24,240 VND/USD, down 70 VND and 60 VND, respectively, from August 31.BIDV also cut both rates by 45 VND, listing the buying rate at 23,930 VND/USD and the selling rate at 24,230 VND/USD.During the week from August 28-31 before the National Day holiday from September 1-4, the daily reference exchange rate was adjusted up on the first three days and down on the last day, ending the week up 17 VND./.

At the swear-in ceremony (Photo: Reuters)Bangkok (VNA) – The new Prime Minister of Thailand, Srettha Thavisin, led the 33 members of his Cabinet to take their oaths of office in front of King Maha Vajiralongkorn on September 5. They took the oath of allegiance before the King during their four-year tenure. Earlier on September 2, the King endorsed the list of ministers chosen by Srettha. His government consists of an 11-party coalition led by Pheu Thai Party, including major parties in the previous administration of Prime Minister Prayut Chan-o-cha. The new government plans to convene its first meeting on September 6 and will announce its policies to the Thai Parliament on September 11./.

In July alone, cars imported from Thailand reached 3,714 units, or equivalent to a turnover of $84 million. In the first seven months and in July alone, Thailand secured the first position in auto exports to Việt Nam. Thus, the average value of vehicles imported from Thailand to Việt Nam with a declared price at the port in July was $21,000/car or equivalent to VNĐ493million/unit. In particular, Indonesia surpassed Thailand in terms of imported cars, but Thailand still ranks No 1 in terms of turnover. In 2022, Việt Nam imported 72,671 units with a turnover of more than $1 billion from Indonesia and 72,032 vehicles from Thailand valued at $1.43 billion.

It is expected to contribute to further consolidating and deepening the extensive strategic partnership between Vietnam and Japan. Both leaders spoke highly of the positive development in the strategic partnership between Vietnam and Indonesian since their meeting in Labuan Bajo in May. PM Chinh conveyed the invitations of Party General Secretary Nguyen Phu Trong and President Vo Van Thuong to President Widodo to visit Vietnam soon. Localities see surges in number of National Day holidaymakersLocalities across Vietnam saw significant increases in the number of tourists in the recent four-day National Day break. In the period from September 1-4, Ho Chi Minh City served around 960,000 visitors, and pocketed 2.89 trillion VND (120 million USD) from tourism services, up 4.3 % and 5.5% year-on-year, respectively.

Smoothly dealing with difficulties in the real estate sector is an important factor contributing to getting the economy back on track. In fact, bad debt stemming from the real estate sector has recently increased. The ratio of real estate bad debts in June 2022 was 1.53 per cent while the figure a year later was 2.47 per cent. Meanwhile, the credit growth of the whole market in the first seven months of the year was just 4.56 per cent. It should be noted that the suspension is just a temporary measure to help real estate enterprises get easier access to bank lending.

HÀ NỘI — Deputy Prime Minister Trần Hồng Hà has signed a decision approving a plan for the implementation of the Political Declaration on establishing the Just Energy Transition Partnership (JETP Declaration). It aims to successfully implement the JETP Declaration in combination with promoting the development of renewable energy, and the economical and efficient use of energy, contributing to realising net zero greenhouse gas emission targets by 2050; developing the energy industry with synchronous and smart infrastructure on the basis of ensuring national energy security and development goals, and ensuring fairness in energy transition. It also covers the reception and effective use of support from international partners in technology transfer, governance, human resource training and financial provision for the implementation of the declaration, contributing to implementing Việt Nam’s national energy development strategy and the Global Coal to Clean Power Transition statement. From now to 2030, the plan states that it is necessary to build and perfect the legal framework to facilitate the attraction of investors, businesses and people to engage in the just energy transition process and promote technology transfer. Relevant units will develop a resource mobilisation plan to implement the JETP Declaration, and carry out pilot projects related to just energy transition; while at the same time implementing the resource mobilisation plan with international financial support and technology transfer to promote the conversion of coal-fired power and fossil energy to clean energy, and develop renewable and new energy forms (green hydrogen, green ammonia).

HÀ NỘI The market is likely to extend gains after the holiday, but the rising supply is likely to put great pressure on the market when the VN-Index approaches the resistance area of 1,240 points, said brokerages. “The market continued to extend the recovery span and penetrated deeply into the previous distribution area, the range of 1,210-1,240 points of the VN-Index. “Therefore, investors need to observe supply and demand movements and assess the market status. The positive movement of VN-Index was also boosted by the expectation of Việt Nam's macro-economy recovery. Việt Nam's economy will maintain its recovery momentum in 2024 with GDP growth forecast at 6.9 per cent.

JAKARTA — Governments and businesses from ASEAN countries needed to cooperate more closely, effectively and substantively to promote the role of businesses in promoting growth and creating breakthroughs for the bloc. Prime Minister Phạm Minh Chính delivered this statement at the 2023 ASEAN Business and Investment Summit (ASEAN BIS) which took place in Jakarta, Indonesia on Monday. PM Chính said countries should work together to improve institutions through standardising and harmonising investment and business regulations in ASEAN, simplifying procedures by digital transformation and promptly removing the businesses' problems. He added that ASEAN was also a bright spot in economic growth, with a growth rate of 5.6 per cent in 2022. Held within the framework of the ASEAN Summit, ASEAN BIS is Southeast Asia's largest annual business-related forum, with the participation of leaders of ASEAN member countries, partner countries, ministers, senior officials, policymakers and major business leaders of ASEAN and the world.

The Vietnamese volleyball players get a ticket to the Asian Senior Women’s Volleyball Championship's semi-finals in Thailand after defeating Australia 3-0 on September 3. (Photo: VTV)Hanoi (VNA) – Vietnam got a ticket to the Asian Senior Women’s Volleyball Championship's semi-finals in Thailand after defeating Australia 3-0 on September 3. Vietnam will likely play either China or Japan in the first semi-finals. The top three teams of the Asian Women's Volleyball Championship will win tickets to the World Women's Volleyball Championship 2025. As the Japanese and Chinese teams are said to be stronger, Vietnam eyes to get the third ticket to the World Women's Volleyball Championship./.

HONG KONG SAR - Media OutReach - 4 September 2023- Alibaba Pictures Group Limited (Stock code:1060, referred to as the "Company" or "Alibaba Pictures") announces that Beijing Damai Cultural Media Development Company Limited (referred to as "Damai"), a subsidiary of Alibaba Pictures, successfully hosted the 2023 Aranya Xiami Music Festival ("the Music Festival"), presented by Xiami Music Entertainment and Aranya. With its exceptional content and immersive experience, the Music Festival received widespread critical acclaim.The Music Festival, themed "Another Life," aimed to inspire the idea that life should be an adventure rather than a routine, breaking free from the shackles of repetitive daily life. It can be described as both a unique music festival performance and an ideal lifestyle that young people aspire to and can relate to." The Music Festival embraced values of freedom, romance, and quality, aiming to bring warmth, passion, and inspiration to music fans through independent and heartfelt musical expressions. This not only served as a special welcome gesture for devoted fans who arrived early but also added a touch of grandeur to the overall festival experience.One particularly noteworthy addition to the 2023 Aranya Xiami Music Festival was the introduction of the unique "Sunrise Session" special project.

A representative of Vietnam Airlines said several domestic flights in Vietnam may also be affected due to the delayed aircraft arrivals. But Thúy's storm volleys were irresistible, helping Việt Nam level the score at 11-11 before taking the set at 25-18. With all three wins Việt Nam perfectly completed the first qualification as the group leader with nine points. The biennial contest Tiếng Hát Hà Nội 2023 (Hà Nội Singing) hosted by the Hà Nội Radio and Television Broadcasting calls on any Vietnamese residents living across the country and aged between 18-32 to join the event. He led the struggle for national independence and established the Democratic Republic of Vietnam, now the Socialist Republic of Vietnam, in 1945.

SINGAPORE - Media OutReach - 4 September 2023 - Indulge in a symphony of flavours and opulence as Bread Garden proudly unveils its highly-anticipated mooncake collection for the Mid-Autumn Festival 2023.In a fabulous display of artistry and refinement, Bread Garden takes mooncake indulgence to new heights with their exquisite creations. It's not just a mooncake; it's a statement of grandeur and sophistication.Leading the collection is the Diamond Grandeur Gift Set , a true masterpiece that exudes luxury. Get yours today at https://www.breadgarden.com.sg/product-category/mooncake/ Hashtag: #breadgardensg #mooncakes #midautumnThe issuer is solely responsible for the content of this announcement. About Bread GardenA homegrown Singaporean bakery brand, Bread Garden is known for its highly popular mooncakes and best-selling Chinese New Year goodies, as well as its selection of exquisite cakes and pastries. Rated five stars consistently by customers on social media, Bread Garden stands out from other bakeries with its emphasis on quality over quantity, dedicating itself to crafting only the best quality baked products that its customers have come to expect and love.

Generation Z or Gen Z is the generation of people born in the late 1990s and early 2000s who are known for their confident use of new technology. Lately, I’ve been having conversations with Gen Z leaders, mainly from the marketing and PR industries, and it's become clear how the dynamics of the workplace have shifted with this new generation. “Working with Gen Z leaders is interesting. This whole journey for Gen Z leaders is about finding the balance between confidence and taking a moment to think. That being said, on a broader scale, the rise of Gen Z leaders is definitely reshaping our perception of leadership.

The department said the financial need to realise climate change response goals in Vietnam is huge. However, the estimated funding for this work from the State budget can meet only 130 billion USD. At present, climate change has become an irreversible trend. Therefore, adapting to climate change and achieving the net zero emissions target are crucial for sustainable development. Vietnam needs to increase investment in infrastructure adaptive to climate change and natural disasters, improve forecasting and responding capacity, especially in vulnerable regions like the Mekong Delta.

The diplomat took the occasion to thank countries and international organisations for supporting Vietnam in its journey. Speaking at the event, Ambassador Nguyen Ba Hung said that on September 2, 1945, President Ho Chi Minh read the Declaration of Independence, giving birth to the Democratic Republic of Vietnam, now the Socialist Republic of Vietnam. The same day, the Embassy of Vietnam in France held an incense offering ceremony in tribute to President Ho Chi Minh in Paris on the occasion of the National Day of Vietnam. Nguyen Ngoc Dang Khoa, a 11th grader at the HUS High School for Gifted Students, Vietnam National University, claimed a gold medal at the competition. Elsewhere, Tran Xuan Bach and Nguyen Quang Minh, both of whom are 12th grade students from HUS High School for Gifted Students, Vietnam National University, bagged silver and bronze medals, respectively.