Infrastructure, policy improvement crucial to attracting investments to Việt Nam: expert
Shantanu Chakraborty, country director of the Asian Development Bank (ADB) in Việt Nam, speaks to the press about Việt Nam’s economic prospects next year and the bank’s assistance to Việt Nam in this context. Inflation has been kept low, interest rates have been kept low, and the growth of Việt Nam in 2023 compares quite well with that of the neighbouring countries. What are ADB's current areas of focus to help Việt Nam address challenges from external contexts and adapt to climate change? Việt Nam has been a very strong partner of ADB for 30 years, we have lent about US$17 billion so far to Việt Nam, in numerous projects in the last few decades. What are some of the best-case practices from other countries that Việt Nam can learn from?
Source:Viet Nam News
December 16, 2023 00:03 UTC
Rice exports expected to hit 5 billion USD this year
Business Outstanding industrial products in rural areas honoured As many as 173 products were recognised as national outstanding rural industrial goods in 2023 at a ceremony held by the Ministry of Industry and Trade in Hanoi on December 15.Business Quang Tri airport project launched A ceremony was held in Dong Ha city in the central province of Quang Tri on December 15 to launch a project to build an airport in the province. Travel Top tourism, hospitality firms in 2023 announced The lists of top 10 reputable tourism companies and top five reputable hotels and resorts in Vietnam were unveiled by Vietnam Report JSC on December 14.
Source:Viet Nam News
December 15, 2023 15:46 UTC
Carousell Group releases first-of-its-kind Circular Economy Impact Report showing positive climate impact from secondhand transactions in Greater Southeast Asia
Mr Tharman Shanmugaratnam, President of the Republic of Singapore, graced the launch event for Carousell Group’s Circular Economy Impact Report at Carousell Campus. As the initial phase of Carousell Group’s quantification journey, the scope of the report covers only the four goods categories of Carousell, Laku6 and REFASH. Mr Quek Siu Rui, Co-founder and Chief Executive Officer, Carousell Group said, “Our mission is to make secondhand the first choice for everyone. Carousell GroupCarousell Group is the leading multi-category platform for secondhand in Greater Southeast Asia on a mission to make secondhand the first choice. The partnership with Carousell Group marks the expansion of Vaayu's expertise to Asia.
Source:Viet Nam News
December 15, 2023 08:01 UTC
ADB projects Việt Nam’s 2024 GDP growth at 6 per cent
HÀ NỘI — The Asian Development Bank (ADB) has forecast Việt Nam's Gross Domestic Product (GDP) growth at 6 per cent for 2024, according to the Asian Development Outlook (ADO). The bank also lowered its growth forecast for Việt Nam this year to 5.2 per cent from the previous 5.8 per cent forecast. In line with this, the country’s inflation is projected to remain at 3.8 per cent for this year before rising to 4 per cent in 2024. Meanwhile, the ADB raised its economic forecast for developing economies in Asia and the Pacific, following robust domestic demand which has been driven by higher-than-expected growth in China and India. According to figures given by economists, the growth outlook for Southeast Asia this year was lowered to 4.3 per cent from 4.6 per cent amid weak demand for manufacturing exports.
Source:Viet Nam News
December 15, 2023 07:02 UTC
Green transportation towards sustainable urban development
Green transportation towards sustainable urban developmentGreen transportation is not just a trend but also a pressing task in building a sustainable future for urban areas in Vietnam, especially major cities like the capital Hanoi.
Source:Viet Nam News
December 15, 2023 06:55 UTC
VIETNAM NEWS HEADLINES DECEMBER 15/2023
The Deputy PM affirmed that Vietnam treasures the traditional friendship with Benin, and highlighted the great potential for economic and trade cooperation between the two countries. He affirmed that Vietnam wants to promote multifaceted cooperation with Benin, which is a traditional friendly partner of Vietnam in Africa. They concurred in the continued coordination and mutual support at multilateral forums, especially the United Nations, the Non-Aligned Movement (NAM), and the South - South cooperation. For his part, Mashatile perceived that Vietnam and South Africa share many similarities to boost cooperation for common development. The two sides reviewed developments of the bilateral ties across spheres, particularly politics, diplomacy, economy-trade, development cooperation, national defence-security, and education-training.
Source:Viet Nam News
December 15, 2023 06:28 UTC
Conference ponders over how to develop sustainable rice value chain
To resolve the bottlenecks and develop the rice value chain, he called for developing concentrated growing areas for high-quality rice towards sustainability and green growth, developing sustainable linkage models between stakeholders, cutting costs to improve competitiveness, and researching to develop Việt Nam’s common rice varieties and brand. Others called for embracing mechanisation since the workforce in rice production and supporting industries is ageing. The conference was organised by the Ministry of Agriculture and Rural Development and Hậu Giang Province within the framework of the 2023 Việt Nam-Hậu Giang International Rice Festival. In box:2023 Việt Nam-Hậu Giang International Rice Festival opensHẬU GIANG — The 2023 Việt Nam-Hậu Giang International Rice Festival, with the theme “Centennial Journey of Vietnamese Rice,” opened in the namesake Mekong Delta province on December 12. There is also an exhibition titled "Vietnam's Rice Road" along the Xà No canal that traces the journey Việt Nam has made in rice cultivation.
Source:Viet Nam News
December 14, 2023 08:18 UTC
Ba Ria-Vung Tau Province is leading the national chemical industry
After surveying, Hyosung Group decided to invest in another large-scale project in Ba Ria - Vung Tau Province. (Link: https://plo.vn/du-an-dau-tu-nuoc-ngoai-lon-nhat-ba-ria-vung-tau-sap-van-hanh-post759041.html)Recently, the chemical industry in Ba Ria - Vung Tau Province has developed strongly for many reasons. Thanks to that, the chemical industry has made an important contribution to the growth of the manufacturing and processing industry. Attracting modern environmentally friendly chemical industry projectsAccording to the Department of Industry and Trade of Ba Ria - Vung Tau Province, Ba Ria - Vung Tau Province has determined to attract investment by developing an environmentally friendly chemical industry with the application of modern and valuable technology, creation of high values, and avoidance of labour intensivity. The Director of the Department of Industry and Trade of the province said: “Ba Ria-Vung Tau province aims to develop concentrated chemical industrial parks and logistics centers serving the chemical industry far from residential areas, near deep-water ports, with convenient transportation connections.
Source:Viet Nam News
December 14, 2023 07:40 UTC
Vietnam attends global esports games in Saudi Arabia
Vietnamese athletes participate in the Global Esport Games 2023. (Photo: vresa .org.vn)Hanoi (VNA) – Vietnamese team PUBG Mobile Viet Nam is competing in the Global Esports Games 2023 (GEG 2023) going on in Riyadh from December 14-15, according to the Vietnam Recreation and Electronic Sport Association (VRESA). The GEG 2023 is a global, multi-title esports competition that showcases its energy through competitions and a dynamic celebration of esports culture and entertainment at the GEG Festival. At the GEG 2022 held in Istanbul, the Vietnamese team bagged a gold medal in the PUBG Mobile event. The association believes that Vietnamese athletes will perform well and secure a gold medal for Vietnam./.
Source:Viet Nam News
December 14, 2023 06:29 UTC
VIETNAM NEWS HEADLINES DECEMBER 14/2023
Addressing the meeting, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said Vietnam has been fighting illegal fishing for over six years. Vietnam was requested to continue building a master plan for sustainable fisheries development in the period to 2050. 5th Vietnam – Thailand Defence Policy Dialogue held Sen. Lt. General Hoang Xuan Chien, Deputy Defence Minister; and General Sanitchanog Sangkachantra, Permanent Secretary for Defence of Thailand, co-chaired the 5th Vietnam – Thailand Defence Policy Dialogue in Hanoi on December 13. They said the defence cooperation over the past time has gained considerable outcomes in various fields. The contest is part of the project, "Mitigating Ocean Plastic Waste in Vietnam" launched by the MONRE's Vietnam Agency of Seas and Islands (VASI) and sponsored by the WWF.
Source:Viet Nam News
December 14, 2023 05:24 UTC
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Việt Nam aims to use organic fertiliser for 50% cultivation area by 2050
HÀ NỘI — Việt Nam aims to use organic fertiliser for 50 per cent of the total cultivation area nationwide by 2050, and have at least 80 per cent of centrally-run cities and provinces build organic fertiliser-using farming models as part of value chains for major and specialty products. At the same time, the amount of industrial organic fertiliser is expected to account for at least 30 per cent of the total amount of fertiliser used in agricultural production. The amount of organic fertiliser produced on a household scale used in agricultural production is hoped to reach at least 20 million tonnes per year. The agricultural sector also aims to build effective cultivation models using organic fertilisers for nine key groups of crops, namely rice, coffee, rubber, cashew, pepper, tea, fruit trees, vegetables, and cassava. The ministry sees the production and use of organic fertiliser based on utilising agricultural by-products is an inevitable trend of Việt Nam's agricultural sector.
Source:Viet Nam News
December 13, 2023 15:47 UTC
VIETNAM NEWS HEADLINES DECEMBER 13/2023
Currently South Africa has 19 investment projects in Vietnam, while Vietnam has three investment projects in South Arica. According to the city People’s Committee, despite challenges, the city's socio-economic development recorded bright spots in 2023. The city has performed well on digital transformation, building a smart city along with start-up innovation, according to the report of the city People’s Committee. The company will also preserve and display the seal and coordinate with the Vietnam National History Museum to protect and promote the value of the antique. PM Hun Manet, for his part, stressed that the Cambodian Government of the seventh term will continue with the consistent policies of the Cambodian People's Party (CPP).
Source:Viet Nam News
December 13, 2023 14:56 UTC
Promoting overseas Vietnamese resources for national development: Deputy minister
Deputy Minister of Foreign Affairs Lê Thị Thu Hằng, chairwoman of the State Committee for Overseas Vietnamese Affairs, talks to Vietnam News Agency, giving a general assessment of overseas Vietnamese resources and key tasks to promote this great resource for the country's development. About 10-12 per cent of the nearly six million overseas Vietnamese, roughly 600,000 people, hold university degrees or higher. Representative overseas Vietnamese delegations regularly visit Trường Sa Island, organised by the State Committee for Overseas Vietnamese Affairs since 2012, attracting special attention and enthusiastic participation from the community. Secondly, emphasis will be placed on enhancing research and synthesising information about the situation of overseas Vietnamese resources. Fourthly, projects related to overseas Vietnamese affairs will be continued, including the projects: building overseas Vietnamese database; mobilising overseas Vietnamese to introduce, consume Vietnamese products, and develop distribution channels for Vietnamese goods abroad, in the 2020-24 period; and honouring the Vietnamese Language in the overseas Vietnamese community in 2023-30 period.
Source:Viet Nam News
December 13, 2023 14:50 UTC
Vietnam, China sign 36 agreement documents for cooperation
Following the high-level dialogue, Trong and Xi listened to the introduction of 36 agreement documents for cooperation on various fields, which have been signed between the two countries’ ministries and localities. Among the documents, four had to do with politics and foreign affairs, and they were signed between the two countries’ Party and foreign affair ministry entities. Trong believed that China’s Party, state and the people would achieve the goals set forth by the 20th National Congress. He affirmed that China’s Party, government and people highly regard relations with Vietnam, and consider Vietnam as a priority when it comes to neighbor diplomacy policies. China is Vietnam’s largest trade partner for several consecutive years, while Vietnam is China’s largest partner in ASEAN.
Source:Viet Nam News
December 13, 2023 11:45 UTC
No one can predict the next pandemic
This is my first time in Việt Nam, and I suppose it's a very emotional trip because when I was a small child in the UK growing up, my father, who is a teacher, talked about Việt Nam. When you came here, what was for you the most substantial difference between the Việt Nam in your picture and the Việt Nam that you have seen for yourself? In light of the recent global pandemic, what lessons have we as humans learned about pandemic preparedness? We would probably say it was the most severe pandemic since the influenza pandemic of 1918. And you can't predict, if you could predict the next pandemic, if you could just predict the timing of it, you'd be very, very, very rich indeed — because everybody would want your knowledge.
Source:Viet Nam News
December 13, 2023 11:36 UTC