State Bank of Vietnam sets daily reference exchange rate at 23,815 VND/USD on August 7 (Photo: VNA)- The State Bank of Vietnam set the daily reference exchange rate at 23,815 VND/USD on August 7, down 10 VND from the last working day of previous week (August 4).With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,005 VND/USD and the floor rate 22,624 VND/USD.At commercial banks, the opening-hour rates decreased.At 8:30 am, Vietcombank listed the rates at 23,525 VND/USD (buying) and 23,895 VND/USD (selling), both down 35 VND from the end of August 4.Meanwhile, BIDV cut 25 VND from both rates, listing the buying rate at 23,580 VND/USD and the selling rate at 23,880 VND/USD.During the week from July 31 to August 4, the daily reference exchange rate was adjusted up on most days except for Tuesday. It ended the week up 67 VND./.

JAKARTA — National Assembly (NA) Chairman Vương Đình Huệ held a meeting with Speaker of the House of Representatives of Thailand Wan Muhamad Noor Matha in Jakarta on Monday, during which Huệ affirmed that Việt Nam highly values the strengthened strategic partnership with Thailand. The two sides shared delight at the sound friendship and expanding cooperation between the two countries. They noted that bilateral economic partnership is growing strongly, with Thailand being Việt Nam's largest trade partner and the second biggest investors among ASEAN members. He said the parliament and Government of Thailand would continue to give optimal conditions for the community. They agreed that the two legislatures should increase the exchange of delegations at all levels, while strengthening cooperation among their specialised agencies.

Many collectives and outstanding individuals who have made significant contributions to the development of the summer volunteer programmes and campaigns are awarded certificates of merit. (Photo: VNA)HCM City (VNA) – A ceremony to launch the 16th National Volunteer Day and to celebrate 30 years of summer volunteer programmes and campaigns of the youth in Ho Chi Minh City (1994-2023) was held on August 6, with the participation of nearly 2,500 young volunteers. By 2009, the campaign had been renamed "Summer volunteer youth campaign". On the occasion, many collectives and outstanding individuals who have made significant contributions to the development of the summer volunteer programmes and campaigns were awarded certificates of merit. Deputy Secretary of the municipal Party Committee Nguyen Ho Hai stressed that the city’s youth should inherit and develop the achievements, thus further expanding youth volunteer activities./.

Of which, substandard debts increased 5.6 times to VNĐ2.14 trillion and doubtful debts also increased nearly 2.5 times to nearly VNĐ1.13 trillion. When the circular expires on June 30 next year, the actual number of bad debts must be higher. Banking expert Dr. Cấn Văn Lực said the increase in bad debt is a common trend of the world in the current difficult context. Though bad debts increase compared to 2022, it is still under control. In order to reduce the burden of rising bad debts in the future, banks are still actively setting up provisions for higher risk cases.

JAKARTA – Regional media outlets have highlighted the significance of Vietnamese National Assembly (NA) Chairman Vương Đình Huệ’s official visit to Indonesia and attendance at the 44th General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA-44). Fighting and winning against the COVID-19 pandemic, people of Việt Nam and Indonesia joined hands to rebuild the national economies, according to the article. Regarding parliamentary cooperation with other legislative bodies, Việt Nam has actively participated in multilateral forums, regional and international inter-parliamentary organisations. It will enhance cooperation between the legislative bodies of Việt Nam and Indonesia. Anjaiah said Việt Nam and Indonesia established their diplomatic ties on December 30, 1955.

HCM CITY — Việt Nam’s personal finance market is facing challenges, primarily stemming from a lack of financial literacy and limited access to educational resources, experts said. Dr Lê Minh Nghĩa, chairman of Việt Nam Financial Consultants Association (VFCA), highlighted the challenges during a forum on developing the personal finance market in Việt Nam organised late last week in HCM City. Findings from a survey conducted recently in Hà Nội further supported these concerns, with over 80 per cent of respondents admitting to having little interest and knowledge in personal finance. Financial educationCấn Văn Lực, a member of the National Financial and Monetary Policy Advisory Council, said personal finance planning remains limited as debt management ability, understanding, and knowledge of personal financial planning need improvement. Collaboration with employers can also play a significant role in promoting personal financial planning.

THÁI BÌNH — HCM Communist Youth Union (HCYU) and Saigon Beer-Alcohol-Beverage Corporation (SABECO) proudly marked the completion of the first phase of their “Fostering Sports” and “Light Up The Rural” projects. Over the past 1.5 years, HCYU and SABECO has successfully partnered in more than nine projects, varying in scale and impact across the nation. Notably, "Light Up the Rural" and "Fostering Sports" projects emerged as pivotal initiatives that laid a solid foundation for the forthcoming second phase. Fostering sports for a positive lifestyleThe ‘Fostering Sports’ project aims to cultivate sportsmanship and promote healthy lifestyles among the communities. Development and empowerment for young entrepreneursThe partnership between HCYU and SABECO also focuses on empowering and supporting young entrepreneurs in rural areas through coaching and mentoring programmes.

Workers assemble a car at a plant of Thanh Cong Group. (Photo: VNA)- Vietnamese enterprises in the auto industry are not deeply involved in the global supply chain. This project will be implemented from 2023 to 2024. As a result, Toyota’s suppliers reduced their emissions by 6,462 tonnes of CO2 in 2022.Tran Thi Kim Que, General Director of Phong Nam Co., Ltd. said “When we are offered this support, we will be able to stand on our own two feet, with our own knowledge. The most difficult thing is how to convey those positive energies to all middle-level managers and continue to transmit them to employees.

The Dining Room is one of two restaurants on the premises; the other serves seafood aside the beach in a more casual style. Everything was close to perfection: the spacious room, the delicate hues and spacious dining hall, the eco-friendly outfits of the staff and, above all, their top-notch attentiveness and courtesy. This seems the way things work at The Dining Room, which offers a tour de force in wholesome, quality dining, with nods to east and west, traditional and modern. It enhanced my inner wellness and boosted my mood, perhaps it will for you too. VNSThe Dining RoomTIA Wellness ResortAddress: 109 Võ Nguyên Giáp, Khuê Mỹ, Ngũ Hành Sơn, Đà Nẵng 557276Tel: 0236 3967 999Comment: Fine dining in a soothing atmosphere of a wellness resort

Park expected that the foundation of cooperation between the RoK and Vietnam in the field will be significantly strengthened after the meeting. Indonesia's Antara news agency underlined that parliamentary cooperation will help Indonesia and Vietnam cope with trans-national crimes such as drug trafficking and illegal fishing. Meanwhile, Ambassador Nguyen Hai Bang, Permanent Representative of Vietnam to ASEAN, and ASEAN Deputy Secretary General Tran Duc Binh said that Vietnam and Indonesia are important partners of each other in ASEAN. Addressing the meeting, NA Chairman Hue highlighted the sound relations between Vietnam and Indonesia, initiated by President Ho Chi Minh and President Sukarno. He also asked the Vietnam Trade Office to create optimal conditions for businesses of both sides to promote partnership.

Ha Nam boasts favourable conditions for the development of typical tourist products in the Red River Delta. They possess unique advantages, helping the province reshape its tourism industry and develop more offerings for visitors. Total revenue from tourism was estimated at nearly 114 million USD, or more than double the figure posted in the same period of 2022. To continue to be a bright spot on Vietnam’s tourist map, Ha Nam is focusing on building a number of typical tourism products, attracting investment in eco-spiritual, resort, and entertainment tourism. It is also trying to connect tours and tourist routes with others elsewhere around Vietnam to create better links for tourism development./.

So the HavePaws project was kicked off, beginning with a mobile app under the same name. How do you find stray cats, how does your neutering process work, and are there any challenges? Adding to that, the overwhelming number of stray cats in Việt Nam has gone beyond the ability of foster homes and animal shelters. We also plan to expand our TNR project scope by building a standard TNR process for volunteers to apply in areas where we have limited access. In one to two years, we hope to carry out our TNR project on feral dogs.

HÀ NỘI — The Government will not change the growth target of 6.5 per cent for 2023 and strive to reach an economic expansion of about 9 per cent in the rest of the year, stated Prime Minister Phạm Minh Chính at a cabinet meeting in Hà Nội on Saturday. As a result, the macro-economic situation has been kept stable, while inflation has been reined in, development has been promoted, and people's living conditions have been improved. He asked relevant agencies to review policies and give suitable solutions to promote the three growth motivations of consumption, investment and export. Participants noted that in July, the socio-economic situation was improved compared to the previous month, contributing to the country’s performance in the first seven months. In seven months, VNĐ267.63 trillion of public investment capital was disbursed, completing 37.85 per cent of the yearly target, 3.38 per cent increase year on year.

Samdech Hun Sen, who is also the Prime Minister of Cambodia, briefed General Secretary Trong about the situation in Cambodia and the results of the country's 7th National Assembly election. On this occasion, Samdech Hun Sen expressed his gratitude to the Party, State and people of Vietnam for their help and support giving to Cambodia over the times. Congratulating Cambodia on successfully holding the 7th National Assembly election, General Secretary Trong expressed his belief that, the new National Assembly and Government of Cambodia led by the CPP will continue to gain even greater achievement in the country’s national defense, construction and development. The Party chief affirmed that, Vietnam strongly supports the construction and development of Cambodia under the leadership of the CPP and the new Government. Appreciating the contributions by Samdech Hun Sen and CPP leaders to the traditional relations with Vietnam, Trong expressed his hope that generations of CPP leaders will continue to uphold the sound tradition./.

Opportunities in Vietnam that were of interest to US investors were in semiconductors, the electronics industry, and renewable energy. In the economic field, Vietnam and the United States are among the leading partners of each other. Two-way trade turnover has increased more than 5-fold over the past 10 years, from 25 billion USD in 2012 to nearly 139 billion USD in 2022. With total registered capital of more than 11 billion USD, the country ranks 11th out of 141 countries and territories with foreign direct investment (FDI) in Vietnam. The remarkable development of the bilateral relationship between Vietnam and the United States, in which economic and trade relations are the mainstay, is a driving force for strong cooperation between the two sides.