HÀ NỘI — Việt Nam’s industrial production this month continued a more positive trend, with the index of industrial production (IIP) estimated to rise by 2.9 per cent over the previous month and 2.6 per cent over the same period last year, the General Statistics Office (GSO) reported. Compared to the same period last year, the processing and manufacturing industry increased by 3.5 per cent; electricity production and distribution increased by 3.7 per cent; and water supply, management and treatment of waste and wastewater increased by 1.8 per cent, while the mining industry decreased by 6.2 per cent. However, due to the difficult situation of the world economy in the first months of 2023 that affected the results of domestic industrial production, IIP in the first eight months of 2023 decreased by 0.4 per cent compared to the same period last year when IIP increased by 9.2 per cent. In which, the processing and manufacturing industry decreased by 0.6 per cent; the electricity production and distribution increased by 1.7 per cent; water supply industry, the waste and wastewater management and treatment activities increased by 4.8 per cent; and the mining industry decreased by 2.5 per cent. According to the GSO’s report, 49 cities and provinces had an IIP growth in the first eight months increase while 14 other cities and provinces reported an IIP drop.

HCM CITY — A series of consultancy presentations from Amazon experts are being offered at the Vietnam - ASEAN International Furniture & Home Accessories Fair 2023 (VIFA ASEAN 2023), which is being held in HCM City. With industry insights and consultancy, Amazon Global Selling aims to empower local businesses in the home decor and furniture industry to expand and accelerate their footprint in the globe. “Home decor and furniture has huge advantages based on local unlocked potential and global market demand. We are delighted to present at the VIFA ASEAN 2023 as a chance to connect with local sellers and prospects, as well as a window for accelerating Việt Nam as a global manufacturing hub for home furnishings and quality products in general,” said Gijae Seong, head of Amazon Global Selling Vietnam. The VIFA ASEAN 2023 is an one-stop event for thousands of local and international visitors, featuring industry insights and practical experience in global exports.

HCM CITY — A number of businesses in HCM City, particularly those operating in the real estate sector, are facing significant tax debts due to financial constraints and liquidity issues. In addition to the real estate sector, companies from other sectors such as textiles, manufacturing, trade, and transportation are also facing tax debts. Experts have warned that the issue of tax debts reflects the broader economic challenges faced by businesses in the country’s largest city. The city Department of Taxation has urged local tax departments to step up efforts to recover these tax debts and disclose information about businesses with significant and long-standing tax debts. For tax debts exceeding 90 days, stricter enforcement measures will be implemented to recover these outstanding amounts, according to the department.

Việt Nam's Industrial Production Index (IIP) for August increased by 2.9 per cent compared to the previous month and by 2.6 per cent compared to the same period last year. In the first eight months of 2023, the Southeast Asian country's IPP decreased by 0.4 per cent compared to the same period last year, according to the latest report by the General Statistics Office of Vietnam (GSO).

Tuition fees are one factor that significantly influences the dual goals of higher education: ensuring quality and expanding access. Without increasing tuition fees, there may not be enough resources to ensure quality; however, rising tuition fees increase the barriers for potential students from low-income households. Thus, these schools’ tuition fees fluctuate from VND12 million (US$494) to VND24.5 million a year meanwhile, if schools collect the tuition fee according to the Decree 86, tuition fees will range from VND9.8 million to VND14.3 million a year. Tuition fees of autonomous public universities according to the Decree 81 are 2-2.5 times higher than those of non-autonomous institutions. The majority of students’ tuition fees are covered by their parents without long-term support from the State.

The event was attended by high-ranking officials, scientists, intellectuals, businesspeople, young people, along with foreign diplomats and heads of international organisations in Hanoi. At the meeting, President Thuong recalled the day of September 2, 1945 when President Ho Chi Minh solemnly read the Declaration of Independence at Ba Dinh Square, proclaiming the birth of the Democratic Republic of Vietnam, now the Socialist Republic of Vietnam. The leader expressed his hope that ambassadors, chargés d’affaires and chief representatives of international organisations will continue to represent good faith, sincerity, trust, and close bond, and make meaningful contributions to further enhancing the ties between Vietnam and other partners worldwide. On behalf of the guests, Palestinian Ambassador to Vietnam Saadi Salama, head of the diplomatic corps, extended the best wishes to Party and State leaders and the people of Vietnam on this important event. The diplomat expressed his belief that the Government and people of Vietnam would stay consistent and united, uphold the internal strength, and continue reaping new successes on the path of building a prosperous and progressive nation./.

The entrance exams to medicine and pharmacy universities are always among the toughest competitions among high school graduates in Vietnam. October will also see the Vietnamese national team have a friendly match against the hosts the RoK. The CAAV is collaborating with airlines to establish plans for increased flights to accommodate the heightened travel demands of passengers during the National Day holiday. The Drug Administration of Vietnam has so far licensed applications to import Dextran infusions without circulation registration according to current regulations. The Hanoi Cycling Tournament is part of a series of cultural and sports activities sponsored by Hanoi city.

HÀ NỘI — Việt Nam enjoyed a trade surplus of US$20.19 billion in the first eight months of this year, according to the General Statistics Office (GSO). However, the total trade value in the period posted a year-over-year decrease of 13.1 per cent to $435.23 billion. In eight months, 30 items posted export turnover of over $1 billion, accounting for 91.8 per cent of the country's total export turnover. The US was Việt Nam's largest export market with an estimated turnover of $62.3 billion, while China was Việt Nam's largest import market with $68.1 billion. This will be an advantage in helping the export value surge.

The delegation, led by Director of the Vietnam Sports Administration Dang Ha Viet, comprises more than 500 members, including 90 coaches and 337 athletes of 31 sports. The Vietnam sports delegation to the 19th ASIAD is divided into three groups. Swimmer Nguyen Huy Hoang has been selected as the flag holder of Vietnam at the ASIAD opening ceremony. At the 19th ASIAD, Vietnam aims for 2-5 gold medals. At the 18th ASIAD, Vietnam won four gold, 16 silver and 18 bronze medals./.

HÀ NỘI — President Võ Văn Thưởng and his spouse hosted a ceremony in Hà Nội on Thursday marking the 78th National Day of Việt Nam (September 2,1945-2023). “The victory of the 1945 August Revolution is one of the most glorious chapters in the history of Việt Nam. The people of Việt Nam were able to escape subjugation and retake mastery over their country and their own fate,” he said. “Việt Nam is striving to fulfill the aspiration to become a developed, high-income country by 2045. On behalf of the guests, Palestinian Ambassador to Việt Nam Saadi Salama, head of the diplomatic corps, extended the best wishes to the Party and State leaders and the people of Việt Nam on this important event.

The Group's AI orders also showed an upward trend, with a total revenue of RMB3,863.5 million during the Period. Accordingly, the Group's AI demands have increased. The thriving AI market trend in China has driven the growth in demand for AI orders from Comtech. [1] As a technology service platform for the chip industry, Comtech focuses on the application, design, and distribution of IC chips. The Group's business is divided into “Comtech”, a technology services platform for the chip industry, and “Ingdan”, a platform providing AIoT technology and services.

Evolved to Exceed, OxygenOS 14 will bring users an elevated fast and smooth experience powered by innovative algorithmsSHENZHEN, CHINA - Media OutReach - 31 August 2023 - Global technology brand OnePlus announced today that its latest operating system, OxygenOS 14, will launch globally on September 25, 2023. OxygenOS 14 will be one of the first operating systems released based on Android 14 and will introduce a range of exciting features designed to deliver enhanced user experiences. "OnePlus has been committed to delivering a fast, smooth and steady OxygenOS to our users", said Kinder Liu, President and COO of OnePlus, "Powered by OnePlus' latest innovations, OxygenOS 14 will be the most intelligent and intuitive software product in OnePlus' history. Now, with OxygenOS 14, this experience has evolved to become "be instinctive and free to control".To bring this experience to life, OnePlus is introducing its brand-new proprietary performance platform, the Trinity Engine, to OxygenOS 14. Under the hood of the engine are six innovative technologies, including CPU Vitalization, RAM Vitalization, ROM Vitalization, HyperBoost, HyperTouch, and HyperRendering.

At the end of 2022, coconut export turnover was over 700 million USD. But based on the momentum of the US and China agreeing to import Vietnamese coconuts, around the end of 2024 and early 2025, coconut export turnover will be up to 1 billion USD. In 2021, the fruit was listed as one of Vietnam’s key industrial crops. About 20 large enterprises in the country have exported coconuts to the world. Up to 35 countries and territories are Vietnam’s importers./.

The People's Committee of Ba Ria-Vung Tau province has issued a plan to implement the cultural development strategy until 2030 for the conservation and development of cultural heritages, including intangible ones. They together create great potential for the development of the tourism culture of Vietnam's sea and islands, contributing to the cultural identity of Vietnam. Vietnamese citizens living in the country or abroad, and foreigners living in the territory of Vietnam are eligible to take part. Li, for his part, congratulated Vietnam on its socio-economic achievements under the leadership of the Communist Party of Vietnam, especially since the 13th National Party Congress. The championships will be broadcasted live on golfnews.vn, Vietnam Cable Television VTV’s On Golf, and the Facebook page Danang Fantasticity.

One of the main growth drivers of the market comes from low interest rates and expectations of supportive policies. Agriseco Securities, in its recent report, said that cuts in interest rates will positively support cash flow into the stock market. As result, this will increase the attractiveness of the stock market. Statistics of Agriseco Research showed that when interest rates decrease, the stock market move positively in the mid- and long-term. Growth momentum in H2Also supporting the stock market, profit of the whole market is expected to regain growth momentum in the second half of the year.