Vietnam expects strong wave of Chinese investment
In October, Quang Ninh province granted an investment registration certificate for the Jinko Solar Hai Ha Vietnam photovoltaic cell project capitalised at 1.5 billion USD. Goertek poured 280 million USD into a new project while expanding an existing one in Bac Ninh province. To date, Chinese investors have injected over 27 billion USD in 4,161 projects across Vietnam, placing 6th out of 143 countries and territories investing in the country.According to the MPI, investment capital flows from China to Vietnam have changed significantly in recent years in a variety of areas. In addition to restaurants, hotels, and consumer goods, Chinese investors have expanded into electricity, electronics, tire production, textiles, and footwear. This has made an important contribution to developing the country's supporting industries.Most notably, in October, the northern province of Quang Ninh granted an investment registration certificate to the Jinko Solar Hai Ha Vietnam photovoltaic cell project capitalised at 1.5 billion USD.
Source:Viet Nam News
December 18, 2023 14:51 UTC
Việt Nam accelerating efforts to mitigate plastic pollution through NPAP operation
Nguyễn HằngHÀ NỘI — Việt Nam is accelerating efforts to mitigate plastic pollution and waste through the operation of the Việt Nam National Plastic Action Partnership – a programme to connect key actors, initiatives and investments in order to mobilise resources to shape a more sustainable plastic circular economy for the country as well as contributing to solving global plastic pollution. According to the letter, the Global Plastic Action Partnership, the World Economic Forum and the ministry coordinated to establish the National Plastic Action Partnership (NPAP) in Việt Nam in 2020. These collective efforts would serve as the driving force propelling Việt Nam towards a future unencumbered by the detrimental impacts of plastic pollution in the coming years. UNDP’s experience showed that the informal sector, particularly women waste collectors, plays a vital role in collecting, sorting and recycling plastic waste. The objective of the task force is to mitigate plastic waste and plastic pollution by promoting gender and inclusivity interventions that take into account the roles of women and men and different social groups in supporting plastic waste collection, segregation and recycling.
Source:Viet Nam News
December 18, 2023 13:04 UTC
Thai festival keeps ethnic traditions alive
Dances and performances at the Then Kin Pang festival are attractive and fun, such as the “Tang Bang” dance, which calls for rain to water the world and make homes full of lush plants. (Photo: Tin tuc newspaper)
Source:Viet Nam News
December 18, 2023 12:56 UTC
VIETNAM NEWS HEADLINES DECEMBER 18/2023
The two sides agreed to develop their relationship in a practical and effective manner, commensurate with the stature of the comprehensive strategic partnership, thus bringing practical benefits to their people. Fukuda said Japan considers promoting cooperation with Asian countries, including Vietnam, especially in human resources, a priority in its external relations, and wants to continue collaborating with Vietnam and receive more labour from Vietnam. He asked Fukuda to continue support the Vietnam-Japan comprehensive strategic partnership, and invited him to visit Vietnam again. The year 2023 is viewed as a memorable milestone in Vietnam - US relations when both nations celebrate 10 years of establishing their comprehensive partnership and upgrading the relationship to a comprehensive strategic partnership. This is both a result and a concrete implementation of the comprehensive strategic partnership between the two countries, he added.
Source:Viet Nam News
December 18, 2023 11:08 UTC
Joint peacekeeping exercise enhances Vietnam-India defence cooperation
The VINBAX 2023 is taking place in Hanoi. (Photo: VNA)– The fourth joint peacekeeping exercise between Vietnam and India - VINBAX 2023 which is taking place from December 11-21 in Hanoi, has contributed to fostering the friendship and sound defence cooperation under the comprehensive strategic partnership between the two countries.The field exercise involves engineering and military medical forces, aiming to enhance the coordination capacity of the forces while performing UN peacekeeping activities.The forces will coordinate to handle simulated circumstances, including aero-medical evacuation situations.On December 18, high-ranking defence delegations of Vietnam and India watched some activities of the exercise at the site.Colonel Pham Manh Thang, Director of the Vietnam Department of Peacekeeping Operations (VDPO) and deputy head of the exercise steering committee thanked the Indian Ambassador to Vietnam, the Defence Attaché and the UN peacekeeping force of India for supporting Vietnam during the country’s participation in UN peacekeeping operations and close coordinating with the Vietnamese side in organising the VINBAX 2023.After nearly 10 years of joining UN peacekeeping operations, Vietnam has sent 786 officers to perform duties at UN missions . Over the years, Vietnam has received effective support from international partners, including India , one of the countries sending the highest number of officers to UN peacekeeping missions./.
Source:Viet Nam News
December 18, 2023 09:04 UTC
Aviation stocks get a boost as VN - China cooperation strengthens
HÀ NỘI — After struggling due to the pandemic and its lingering effects, aviation stocks are expected to have excellent prospects in the near future thanks to Việt Nam’s promotion of cooperation with China. As a result, most of the aviation stocks have experienced sharp declines, with many still not recovering to the price levels seen at the beginning of August. In the market, aviation stocks reacted positively to the headline. For China, in 2021, the total number of visitors to Việt Nam was the lowest in 10 years, at around 57,000. Xuân sees the potential for aviation stocks to recover as quite large, but the recovery time may be slower than in other industries.
Source:Viet Nam News
December 18, 2023 07:14 UTC
Vietnam joins Singapore ceremony marking International Migrants Day
Society First Arabic-Vietnamese dictionary debuts The first Arabic-Vietnamese dictionary made its debut at an event to mark World Arabic Language Day (December 18) held by the Saudi Arabian Embassy in Vietnam in Hanoi on December 17. Society Google Doodle honours World Natural Heritage of Ha Long Bay The Vietnamese homepage of tech giant Google on December 17 featured a doodle of Ha Long Bay to mark the 29th anniversary of the United Nations Educational, Scientific and Cultural Organisation (UNESCO)'s recognition of the bay as a World Heritage Site. Society PM orders measures to ensure warm, safe Lunar Festival for all Prime Minister Pham Minh Chinh has signed to issue a directive asking ministries, sectors and localities to roll out measures to ensure that all people enjoy a warm, healthy, safe and economical Lunar New Year Festival (Tet), the biggest festival of Vietnamese people in a year, which will be celebrated in mid-February this year.
Source:Viet Nam News
December 18, 2023 04:59 UTC
Market to continue decline despite recovery efforts, signals indicate short-term risks
The market has gone through three sessions of decline and is approaching the support zone of 1,100 points, retesting the Gain Gap zone of 1,102 - 1,108 points. It is expected that this area will temporarily help the market slow down the decline and have a recovery response to recheck supply. However, recent reversal signals pose short-term risks, and the range of 1,110 - 1,115 points is now acting as a resistance area. Furthermore, favourable interest rate policies are playing a significant role in supporting stock market valuations in 2024. With these promising factors in mind, the Vietnamese stock market stands at a pivotal moment, poised to transition into an emerging market.
Source:Viet Nam News
December 18, 2023 04:31 UTC
National programme helps reduce poverty
After three years of implementation, the lives of people in ethnic minority and mountainous areas are gradually changing positively. In addition, the programme has introduced measures to support the development of production and livelihoods, creating motivation for mountainous and ethnic people. Determining this as a "driving force" for comprehensive development of ethnic minority and mountainous areas, government and relevant sectors have simultaneously implemented the programme in all localities and achieved encouraging achievements. The poverty reduction work has achieved positive results with the average reduction rate of over 4 per cent per year. This year, the province aims to reduce the household poverty rate by 3.5 per cent and the rate of near-poor households 1.22 per cent compared to 2022.
Source:Viet Nam News
December 18, 2023 02:08 UTC
VIETNAM NEWS HEADLINES DECEMBER 17/2023
15/NQ-TW, outlining directions and tasks for Hà Nội Capital's development until 2030, with a vision extending to 2045. The Hà Nội People's Committee held a scientific conference earlier this week, addressing the issue under the theme "Improving and Enhancing the Satisfaction of People and Organisations with the Services of Agencies and Units in Hà Nội City." Based on the outcomes above, Huyền suggested that Hà Nội should pinpoint weak areas and notable declines during the 2021-2022 period. Hà Nội gains positive economic growth and recoveryThe economy of Hà Nội has maintained positive growth and recovery this year, despite the many difficulties and challenges in the political and economic situation in the world and the country. Both suspects live in Son La, a northern mountainous province of Vietnam that borders two Lao provinces of Huaphanh and Luang Prabang.
Source:Viet Nam News
December 17, 2023 16:04 UTC
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PM talks with Japanese corporations about green transition
He also welcomed Japanese businesses investing in semiconductor chip production in Việt Nam. He encouraged Japanese businesses to increase their investment in Việt Nam and provide assistance in developing supporting industries, innovation linked to technology transfer, especially high-tech, green and clean technologies. The forum also heard presentations by representatives of Japanese businesses outlining their orientations as well as cooperation and investment proposals in green development and digital transformation in Việt Nam. He noted that with over 5,200 projects and more than $71.5 billion in registered capital, Japanese investors are present in almost all regions of Việt Nam. He called on Japanese enterprises to continue investing in Việt Nam to achieve increasingly better results, as the successes of the investors are also the successes of Việt Nam.
Source:Viet Nam News
December 17, 2023 10:37 UTC
Prime Minister orders swift upgrade to stock market
HÀ NỘI — The Ministry of Finance (MoF) and other agencies are required to carry out necessary tasks to swiftly upgrade the Vietnamese stock market from a frontier to an emerging market, according to an official dispatch issued by the Prime Minister. 86/NQ-CP to help the Vietnamese stock market develop in a safe, transparent, efficient, and sustainable manner. The ministry has to take immediate action to raise the standard of products offered in the stock market and boost the effectiveness of securities firms, fund management firms, and market players. Authorities also have to step up inspections, exams, and oversight to crack down on stock market violations, follow the laws and rules, while staying alert, issue warnings on time, and have backup plans to handle potential risks, ensuring a secure, reliable, and transparent stock market. Additionally, the SBV will collaborate with the MoF and the SSC to manage monetary and fiscal policies, ensuring the development of the stock market and the synchronicity between the money market, capital market and stock market.
Source:Viet Nam News
December 16, 2023 13:49 UTC
Vietnam honoured as World’s Leading Heritage Destination for 4th time
Culture - Sports Infographic Vietnam has three cities in UNESCO Creative Cities Network Two additional cities in Vietnam have been designated recently as UNESCO Creative Cities - Da Lat in the Central Highlands’ province of Lam Dong in term of music and Hoi An ancient town in the central province of Quang Nam in crafts and folk art. Vietnam now has three cities in the UNESCO Creative Cities Network (UCCN). Culture - Sports Infographic Southeast Asia’s achievements at ASIAD events Thailand led Southeast Asia’s achievements at ASIAD games with a total of 586 medals (132 golds). Culture - Sports Infographic Eat like a Hanoian through typical daily dishes Hanoi is known for its rich and diverse culinary culture. From rustic and simple to sophisticated and luxurious dishes, all have the well-known flavors of the capital city.
Source:Viet Nam News
December 16, 2023 12:51 UTC
Market experiences third consecutive declining session
HÀ NỘI — The stock market experienced its third consecutive session of decline on Friday, primarily attributed to the slump in large-cap stocks. Market breadth was negative with the number of losers outnumbering the gainers by 338-162 and 87 closed flat. As a result, the market experienced a dip as investors reacted to the ongoing downward trajectory of these influential stocks. According to analysts at Việt Dragon Securities Co (VDSC), after the reversal signal of the previous session, the market remained cautious despite the rally at the beginning of the session. On the Hà Nội Stock Exchange, the HNX-Index also declined 0.09 per cent to end at 227.02 points.
Source:Viet Nam News
December 16, 2023 12:01 UTC
VIETNAM NEWS HEADLINES DECEMBER 16/2023
“This situation will certainly pose unprecedented challenges for countries worldwide and Việt Nam in achieving the SDGs by 2030,” said Anh. At the UN’s SDGs Summit in September this year, Việt Nam identified several groups of critical solutions. Last year, Asian champion Nguyễn Thị Thật of Việt Nam won the green jersey as the winner of the points classification. This vision is promoting Vietnam’s implementation of commitments to carry out the 2030 Agenda for Sustainable Development and the SDGs. Dutch Ambassador to Vietnam Kees van Baar, for his part, expressed his wish to join with Vietnam in seizing opportunities of the next five decades, towards deepening collaboration in various fields, especially people-to-people exchange and sustainable development.
Source:Viet Nam News
December 16, 2023 10:53 UTC