VIETNAM NEWS HEADLINES FEBRUARY 5/2024
Cẩm wishes that the trade union would have more "Spring Trip" to support poor workers and informal workers. Participants at the event had a chance to enjoy Vietnamese Tết favourites and musical performances to welcome a new year of prosperity. The National Blood Centre needs to receive between 40,000 to 42,000 units of blood and 5,000 units of apheresis platelets monthly. Ngo Thi Tuyen Giang, working for Art Tango Vietnam in Tan Binh Export Processing Zone, was deeply moved and overjoyed with the support. The National Blood Centre needs to receive between 40,000 to 42,000 units of blood and 5,000 units of apheresis platelets monthly.
Source:Viet Nam News
February 05, 2024 12:52 UTC
Việt Nam, China agree to well implement high-level common perceptions
HÀ NỘI — Permanent Deputy Minister of Foreign Affairs Nguyễn Minh Vũ and Chinese Assistant Minister of Foreign Affairs Nong Rong have shared their view on measures to materialise high-level common perceptions between the two countries. The officials agreed to step up high-level exchanges, contacts and visits, effectively implement cooperation mechanisms between the two Parties, and well organise the 16th meeting of the Việt Nam-China Steering Committee for Bilateral Cooperation. They will work together to better manage the common border line, and satisfactorily address border issues lingering or emerging, in line with their reached documents and agreements. Vũ, who is also Secretary General of the Steering Committee for Việt Nam-China Bilateral Cooperation, suggested the two sides foster their transport connectivity, especially roads and railways connecting Việt Nam's northern provinces and China’s southern and southwestern regions. He called on China to expand its import of Vietnamese agro-aquatic products and facilitate the establishment of Vietnamese trade promotion offices in Haikou, Chengdu, and Nanjing.
Source:Viet Nam News
February 05, 2024 10:20 UTC
Record-low interest rates drive early-year credit growth
Lending interest rates are projected to continue decreasing in the near future, said experts. Recognising this demand, many banks continue to introduce credit packages with attractive interest rates. The latest update on deposit interest rates at banks as of the morning of February 1 showed that the trend of decreasing interest rates remains widespread across most banks. Regarding lending interest rates, KBSV suggests that the impact of maturity differentials and delayed interest rate reductions will likely be challenging to achieve significant decreases in lending rates. In our management efforts, the SBV has no intention to increase interest rates in 2024."
Source:Viet Nam News
February 05, 2024 06:46 UTC
Việt Nam produce gets ambassador's seal of approval
Inner Sanctum: Brazil is not widely known in Việt Nam beyond the Amazon, samba, carnival, and football. Brazil is Việt Nam's largest trading partner in Latin America and the second-largest in the Americas. Việt Nam's exports to Brazil include components, computers, electronic products, vehicles, spare parts, iron and steel, footwear, textiles, and seafood. On December 12, 2023, before I left Việt Nam, I had a last-minute meeting with Celso Amorim, senior advisor to the President of Brazil, to discuss the upcoming visit to Việt Nam in May 2024 by the President of Brazil. The Brazil Film Week in Việt Nam and the Việt Nam Film Week in Brazil, as well as exhibitions of paintings and photographs, are also planned for this year.
Source:Viet Nam News
February 04, 2024 20:15 UTC
FM meets with EU representatives and foreign counterparts in Belgium
The minister proposed the two sides intensify high-level exchanges and fully implement existing cooperation mechanisms. Borrell affirmed Việt Nam's importance as an EU partner in the region, pledging to expedite the completion of EVIPA ratification, thus creating favourable conditions to attract European investment flowing into Việt Nam. The Vietnamese FM proposed that Poland promptly ratify EVIPA in 2024, support the EC’s lifting of the yellow card imposed on Việt Nam, and enhance collaboration with Việt Nam in education and cultural exchange. The Vietnamese minister proposed promoting the signing of cooperation agreements on maritime transport, labour, and double taxation avoidance and expanding collaboration to new areas, including digital transformation and green growth. He proposed the European nation support Việt Nam in tackling the IUU yellow card issue and developing sustainable fisheries.
Source:Viet Nam News
February 04, 2024 17:20 UTC
CEOs offer perspectives on Vietnamese growth
CIP has modified its strategy in Việt Nam to support key stakeholders, and transfer lessons learnt from other markets around the world. These five sectors flourish within the Vietnamese market and feature among the top eight categories in high demand by active international buyers on Alibaba.com. Initiatives such as the Việt Nam Pavilion and collaborations with the Ministry of Industry and Trade and the Việt Nam Trade Promotion Agency underscore the quality of Made-in-Vietnam goods and facilitate international trade. In 2024, Alibaba.com will continue to invest in the Vietnamese market, unveiling new products and services specifically tailored for Vietnamese businesses. In the context of the global economy, Việt Nam remained a bright spot for economic growth, with GDP growth of 5.05 per cent in 2023.
Source:Viet Nam News
February 04, 2024 08:28 UTC
Dragon year-born Đăng hopes to make big in 2024
Đăng was born in the Year of Dragon in 2000 and will celebrate his 24th birthday in September. March 14, 2023 was a special day for Vietnamese badminton as Đăng ended Minh's 21-year dominance in Việt Nam. I hope that it will help me have enough points for the Paris Olympics," Đăng said. The Badminton World Federation will reallocate all unused quota places on July 5. To be successful, athletes must be diligent, hard-working, and strict with themselves in training and competition," Đăng said.
Source:Viet Nam News
February 04, 2024 05:52 UTC
VIETNAM NEWS HEADLINES FEBRUARY 4/2024
Leaders of various Italian regions, cities and provinces demonstrated profound friendship and solidarity with Vietnam, considering Vietnam one of the priority countries for internationalisation efforts in the coming period. This year, two more Vietnamese language departments are scheduled to be opened at Italian universities to meet the growing demand for understanding Vietnam. Wearing a traditional Vietnamese costume, Ringsaker from Norway shared that he has taken part in the festival several times. He noted that he really likes the meaning of the local delicacy, as well as traditional Vietnamese culture during Tet. The speakers discussed traditional Tết preparation customs of Hanoians and traditional New Year greetings.
Source:Viet Nam News
February 04, 2024 04:09 UTC
Việt Nam ready to build green transformation cooperation model with EU
BRUSSELS — Minister of Foreign Affairs Bùi Thanh Sơn has expressed Việt Nam's readiness to collaborate closely with the EU in building an exemplary cooperation model for green transformation, aiming to support developing nations, including Việt Nam, in bridging gaps in finance, technology and human resources training. He urged EU countries to assist Việt Nam and other developing nations in adapting by sharing experiences and best practices, and coordinate in building policies and mechanisms on carbon trading and pricing. Participating ministers engaged in a comprehensive exploration of solutions to integrate economic recovery and climate change response into green transformation, ensure energy security and social fairness, and the role of the EU-Indo-Pacific partnership. As an EU initiative since 2022, the IPMF is held annually for foreign ministers from EU and Indo-Pacific countries to share cooperation prospects between the two regions. Priority cooperation areas have so far focused on inclusive and sustainable prosperity, green transformation, ocean governance, partnership relations and digital governance, connectivity, national security, and human security.
Source:Viet Nam News
February 03, 2024 19:43 UTC
Việt Nam suggests measures to strengthen ASEAN-EU strategic partnership
He also underscored the importance of fostering new growth drivers such as digital transformation, energy transition, green economy, and circular economy. He proposed that the EU support Việt Nam in implementing its Resource Mobilisation Plan (RMP) for the Just Energy Transition Partnership (JETP). Participating ASEAN FMs considered the EU as one of the bloc’s top strategic partners with positive contributions to the ASEAN Community-building process. ASEAN and the EU agreed to effectively implement the joint statement of the 2022 commemorative summit and the action plan for 2023-27. They emphasised the importance of multilateralism, compliance with international law, dialogue and cooperation promotion, and peaceful handling of disputes and conflicts.
Source:Viet Nam News
February 03, 2024 19:37 UTC
Industrial production index up 18.3% y-on-y in January
HÀ NỘI — Việt Nam’s index of industrial production (IIP) in January edged up 18.3 per cent compared to the same period last year, according to the General Statistics Office (GSO). The IIP, however, decreased by 4.4 per cent compared to the previous month. The company's director Nguyễn Trung Thành told baothainguyen.vn that his company aimed to achieve revenue of about VNĐ50 billion in 2024, an increase of 20 per cent compared to the previous year. The number of workers in industrial enterprises as of January 1, 2024, increased by 0.5 per cent month-on-month and by 0.1 per cent year-on-year. Particularly, the number of workers in the State-owned enterprise sector remained unchanged compared to the same time last month and declined by 0.9 per cent year on year.
Source:Viet Nam News
February 03, 2024 13:15 UTC
Reviving Nung folk songs
The Nung Din people in Muong Khuong district in the northern mountainous province of Lao Cai highly value their folk music, considering it a distinctive cultural beauty and source of pride. For Mr Hoàng Xín Hòa, Nung Din folk music represents a beautiful and unique cultural feature that he tirelessly works to promote and preserve. With a desire to preserve the folk melodies of his ethnic group, Hòa diligently collects and documents each folk melody. In 2012, he formed the Nung Din Folk Music Club, to collect, create, and continually improve the folk songs to align them with the practicalities of life and to contribute to community education. The folk culture of the Nung ethnic group is rich in content and diverse in genre.
Source:Viet Nam News
February 03, 2024 11:57 UTC
VIETNAM NEWS HEADLINES FEBRUARY 3/2024
Many OVs and Vietnamese entrepreneurs in the European nation are eager to invest in Vietnam, including Ho Chi Minh City. The Vietnam Trade Office in Australia reports that two-way trade turnover between Vietnam and Australia fell by 12% to US$13.75 billion last year due to slow economic recovery, high inflation and exchange rate fluctuations. Of the total trade figure, Vietnam earned US$5.22 billion from exports, representing a year-on-year decrease of 5.3%. The Vietnam Trade Office in Australia says this year it will continue to proactively update market information and deploy trade promotion activities to support firms in taking the full advantage of FTAs to promote exports. The event aimed to remove difficulties and obstacles related to construction investment costs, construction price and construction material price regulations.
Source:Viet Nam News
February 03, 2024 10:23 UTC
Venezuela's ruling party hails CPV’s sound leadership
HÀ NỘI — The Communist Party of Việt Nam (CPV) is a politically influential force with a distinguished reputation not only in the country but also on the international stage, said Vice President of the United Socialist Party of Venezuela (PSUV) Jesús Faría. This inheritance is reflected through a leadership method that considers democratic centralism as a fundamental organisational principle to consolidate the collective strength and intelligence while maintaining discipline within the Party. Việt Nam is now recognised as an agricultural and industrial manufacturing powerhouse with many spearhead products. Regarding the fight against corruption in Việt Nam, Faría emphasised that the campaign, which launched by General Secretary Nguyễn Phú Trọng, has garnered significant attention and positive international feedback. In his view, corruption poses a danger similar to enemy attacks, constituting a betrayal of the people's trust in the revolutionary cause.
Source:Viet Nam News
February 03, 2024 09:58 UTC
Ministry of Finance outlines tasks for upgrading stock market by 2025
HÀ NỘI To achieve the goal of upgrading the stock market as early as 2025, the Ministry of Finance in 2024 must undertake various tasks in coordination with other ministries and sectors for implementation. According to the deputy finance minister, the Government has set a goal to upgrade the stock market by 2025 from a frontier market to an emerging market. The development process of the Vietnamese stock market has made marked progress, and at the current stage, the market is in great need of new development steps. Specifically, it aims to be upgraded from a frontier market to an emerging market according to the criteria of international stock market rating organisations. The leadership of the Ministry of Finance shared four tasks that the Ministry of Finance, along with other ministries and sectors, must perform well in 2024.
Source:Viet Nam News
February 03, 2024 07:39 UTC