Vietnamese veteran actress judges AIFFE Film Festival
She has performed in dozens of award-winning films and TV shows produced by State-owned and private film companies, including Việt Nam Film Studios and HCM City Television’s Film Studio. Ánh won two Best Actress awards at the Golden Kite Festival and Việt Nam Film Festival in 2001 and 2008, launched by the Việt Nam Cinematography Department and the Ministry of Culture, Sports and Tourism. It won Best Film at AIFFA 2017. Two Vietnamese movies Memento Mori: Đất (Memento Mori: Earth) and Đêm Tối Rực Rỡ (The Brilliant Darkness) will vie for the AIFFA Awards. Memento Mori: Đất has been nominated for the New Current Award at Busan International Film Festival and Best Film at BaliMakarya International Film Festival.
Source:VietNamNet News
August 02, 2023 18:56 UTC
Vietnam to fuel economic growth with more interest rate cuts
The directive, issued on August 1, addresses challenges facing the real estate market and support economic growth. It includes measures to boost economic growth through making available various credit packages. These include accelerating the disbursement of a VND40 trillion credit support program with reduced interest rates, a VND120 trillion package for social housing loans, and a VND15 trillion package for the forestry and fishery sectors. The Government aims to maintain a balanced approach between interest rates and exchange rates, as well as between inflation and growth, to stabilize the macroeconomy, control inflation, and address production and business constraints. The Government will also focus on providing practical solutions to stimulate economic growth, while adhering to relevant regulations.
Source:VietNamNet News
August 02, 2023 15:40 UTC
Park Hyatt Saigon introduces new mooncake collection inspired by persimmon
HCM CITY — Inspired by the soulful beauty of persimmons in the midst of autumnal hues, Park Hyatt Saigon presents 2023 mooncake collection – Moonglow Persimmon to extend its sincere wishes for a love-filled and graceful Mid-Autumn Festival. Adorned with key colour tones of white and orange to exalt elegance and luxury, Moonglow Persimmon introduces three special box versions curated by exquisite craftsmanship. The premium box, with four varieties of mooncake, costs VNĐ1,650,000 per box. The deluxe box, consisting of four varieties of mooncake and two boxes of tea from Dammann Frères, costs VNĐ2,250,000 per box. The limited Imperial box, with four varieties of mooncake, two boxes of tea from Dammann Frères and one bottle of Hennessy Very Special Cognac, costs VNĐ6,800,000 per box.
Source:Viet Nam News
August 02, 2023 14:35 UTC
City gears up to implement resolution granting it increased autonomy
HCM CITY — HCM City is gearing up to implement a National Assembly resolution that will grant it increased autonomy starting this month. Speaking at a meeting on Tuesday, Phan Văn Mãi, chairman of the People’s Committee, said Resolution 98, which takes effect on August 1, would grant the city increased autonomy to address the persistent challenges it faces. “With increased autonomy, the city is better equipped to tackle infrastructure development and institutional governance,” he said. With increased autonomy, the city can prioritise and expedite the implementation of these projects, which is crucial to improving transportation systems and connectivity. Institutional governance is another area where increased autonomy will prove beneficial.
Source:Viet Nam News
August 02, 2023 13:42 UTC
Vietnam sends sympathy to China over flood losses
A number of Chinese localities, including Beijing, Tianjin cities and Hebei province have been affected by flood causing by storm-triggered rains (Photo: VNA)Hanoi (VNA) – Prime Minister Pham Minh Chinh on August 2 sent a message of sympathy to Premier Li Qiang of China over the big losses of human lives and property caused by storm-triggered rains and floods in a number of Chinese localities, including Beijing, Tianjin cities and Hebei province. Mentougou district in Beijing city is hardly hit by rains and flood s (Photo: AP/VNA)On the same day, Deputy Prime Minister and Chairman of the Steering Committee for Vietnam-China Bilateral Cooperation Tran Luu Quang, and Minister of Foreign Affairs Bui Thanh Son also conveyed their sympathies to Wang Yi, Director of the Office of the Central Commission for Foreign Affairs, Minister of Foreign Affairs of China and Chairman of the China-Vietnam Steering Committee for Bilateral Cooperation./.
Source:Viet Nam News
August 02, 2023 10:44 UTC
Vietnam wishes to strengthen ties with International Trade Centre: ambassador
Vietnamese Ambassador Le Thi Tuyet Mai speaks at the 57th session of the International Trade Centre ’s Joint Advisory Group on July 20. (Photo: VNA)– A Vietnamese diplomat has highlighted the country’s wish to enhance cooperation with the Geneva-based International Trade Centre (ITC) while addressing the recent 57th session of the ITC’s Joint Advisory Group.In her remarks, Ambassador Le Thi Tuyet Mai , Permanent Representative of Vietnam to the United Nations, the World Trade Organisation (WTO) and other international organisations in Geneva, highly valued the ITC’s assistance for micro, small and medium-sized enterprises (MSMEs) over the past years, especially for their digital transformation, green transition and access to foreign markets, along with its trade facilitation.Vietnam hopes to strengthen ties with the ITC in the time ahead on the basis of its trade and development achievements obtained during the transformation from an underdeveloped country into a lower-middle-income one, she went on.The country is working hard to implement the climate change response strategy and shift to a circular economy, she said, noting that green growth is not only an inevitable choice but also an opportunity for Vietnam to keep up with the global development trend and reach the target of net zero emissions by 2050.Therefore, Vietnam and some other countries’ participation in the new ITC project of “Climate competitiveness: Building opportunities in the green economy for emerging and developing countries”, funded by the European Union for 2023 - 2026, will create favourable conditions for them to capitalise on assistance during the adjustment of policies and trade practices in adaptation to climate change , and discuss trade and environmental issues at WTO to boost trade and sustainable development.
Source:Viet Nam News
August 02, 2023 10:09 UTC
VIETNAM NEWS HEADLINES AUGUST 2/2023
The potential for further economic and trade co-operation remains huge because the two economies have complementary strengths, especially when the CEPA is signed. Vietnam, UAE enjoy growing relations over three decadesThe bilateral relationship between Vietnam and the United Arab Emirates (UAE) has flourished across fields, from politics and diplomacy to trade, investment, labour and tourism, over the last three decades since they set up diplomatic ties on August 1, 1993. The deal also promotes the UAE’s investment in Vietnam and expands cooperation opportunities to other fields such as innovation, renewable energy, investment, logistics, technology, tourism, and agriculture. The potential for economic and trade cooperation between Vietnam and the UAE still remains huge because the two economies have complementary strengths, especially when the CEPA is signed. Previously, the Drug Administration of Vietnam had granted a license to CPC1 Central Pharmaceutical Joint Stock Company to import 21,000 ampoules and these drugs have been brought to Vietnam.
Source:Viet Nam News
August 02, 2023 10:03 UTC
Edtech VUIHOC raises $6 million to promote AI to personalise experiences
HÀ NỘI — VUIHOC, an educational technology (EdTech) start-up, on Monday announced a US$6 million investment in a Series A funding round led by TNB Aura. Founded in 2019, the online education platform provides interactive classes for over 1.1 million students from kindergarten to 12th grade. With the recent funding, VUIHOC is committed to continue developing more products and utilised AI technology to customise learning experiences that cater to each student's needs, said CEO Đỗ Ngọc Lâm. According to Vietnam Innovation & Tech Investment Report 2023, Việt Nam's EdTech startups continue to draw significant investments. In the first half of this year, the total investment in this field has already surpassed the last year’s value of $30 million.
Source:Viet Nam News
August 01, 2023 23:28 UTC
Shares reverse to fall on selling force
HÀ NỘI — Shares reversed course to end lower on Tuesday, pressured by the selling force hitting a series of large-cap stock groups at the final minutes of the trading session. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index lost 0.44 per cent to close at 1,217.56 points. Some 1.3 billion shares were traded on the southern exchange, worth VNĐ26.4 trillion (US$1.1 billion). On a sector basis, 23 out of 25 sector indices on the stock market lost ground, including wholesale, construction, rubber production, IT and logistics, agriculture, food and beverage, retail, seafood production, and plastic and chemical production. The HNX-Index on the Hà Nội Stock Exchange (HNX) lost 0.08 per cent to close Tuesday at 239.35 points.
Source:Viet Nam News
August 01, 2023 22:07 UTC
Domestic retail gas prices up after consecutive falls
Retail gas prices in Vietnam, after dropping for two consecutive months, have bounced back this month following an increase in the global market. Accordingly, the August retail prices of Petrolimex gas (including VAT) in the Hanoi market are VND380,160 (US$16.05) per 12 kg household cylinder and VND1,520,640 per 48 kg industrial cylinder. These represent increases of VND26,360 and 1VND105,640, respectively. Nghiem Xuan Cuong, head of the Commercial and Civil Gas Sales Department under the Petrolimex Gas JSC, attributed the rise to the average world gas price contract for August being set at US$465 per tonne, up by US$77.5 per tonne compared to July. Since the beginning of this year, domestic gas prices have decreased five times in January, March, April, June, and July and gone up three times in February, May, and August.
Source:VietNamNet News
August 01, 2023 20:04 UTC
Bamboo Airways launches Hanoi – Lijiang direct flights
With an expected frequency of three return flights per week, Bamboo Airways is the first and only airline of Vietnam to conduct charter flights from Hanoi to Lijiang city. With a duration of two hours, the route will help shorten the traveling time from Hanoi to the Chinese city. Normally, it takes about 4-16 hours if passengers use connecting flights, or 16 hours if they travel by road. The operation of round-trip flights between Hanoi and Lijiang will meet the travel demands of people in the two cities, as well as contribute to promoting cooperation between the two countries in various fields. According to the General Statistics Office, Vietnam welcomed over 557,000 Chinese tourists in the first half of 2023./.
Source:Viet Nam News
August 01, 2023 18:53 UTC
Vietnam, Indonesia vow to strengthen defence cooperation
Deputy Minister of National Defence Sen. Lieut. Gen. Hoang Xuan Chien (L) and Lieut. Gen. Donny Ermawan Taufanto, Secretary General of the Indonesian Ministry of Defence. (Photo: qdnd.vn)Deputy Minister of National Defence Sen. Lieut. Gen. Hoang Xuan Chien had a bilateral meeting with Lieut.
Source:Viet Nam News
August 01, 2023 15:41 UTC
Economists: interest rates need to be cut
Meanwhile, enterprises also had to cope with other difficulties, including the decrease in the number of orders and high interest rates. “Recently, interest rates have increased to more than 10 percent per annum at times. How can businesses make such a high profit to cover loan interest rates?” Tuan said. The State Bank of Vietnam (SBV) has slashed operating interest rates four times this year. Regarding the interest rate, I agree with the government’s plan that the interest rate could decrease further by 1-1.5 percentage point by the end of the year,” he said.
Source:VietNamNet News
August 01, 2023 13:11 UTC
Vietnam bid farewell to 2023 Women's World Cup with 7-0 loss to Netherlands
Vietnam says goodbye to the 2023 Women's World Cup after a 7-0 hammering. (Photo: VNA)Vietnam said goodbye to the 2023 Women's World Cup after a 7-0 hammering by the Netherlands in the final match of Group E on August 1.As in the last match versus Portugal, Vietnam started against the Netherlands with confidence but focused more on defensive structure.On offense early in the game, Nguyen Thi Thanh Nha’s pass put Nguyen Thi Bich Thuy into a great position for the volley, but she rocketed it over the bar.In the 8th minute, Lieke Martens opened the scoring for the Netherlands with a chip over goalkeeper Tran Thi Kim Thanh.Dutch players increased the pressure on their Vietnam ese rivals with goals scored in the 11th, 18th and 23rd minutes, and another before the first half ended.In the second half, the Netherlands slowed it down but still put enough pressure on Vietnam. They scored two others in the 57th and 83rd minutes.With the victory, the Netherlands topped Group E of the tournament ahead of the US.The Vietnamese team, who are in their very first Women’s World Cup, conceded 12 goals and scored none./.
Source:Viet Nam News
August 01, 2023 12:50 UTC
Vietnamese rice prices up after rice export ban of India, Russia, UAE
HÀ NỘI — Rice export prices of Việt Nam have reached their highest in 12 years after a series of countries restricted rice exports. According to domestic traders, the reason for the higher export price of rice is due to many businesses purchasing rice from other countries after India's ban on exporting rice, followed by similar moves from the United Arab Emirates (UAE) and Russia. On July 20, India issued a ban on rice exports, aiming to ensure adequate domestic availability at reasonable prices. According to the Việt Nam Food Association, rice prices in the domestic market have also increased sharply. Việt Nam imports a large amount of this product from India, so Vietnamese importers may face many risks.
Source:Viet Nam News
August 01, 2023 11:18 UTC