HÀ NỘI — Việt Nam's supporting industry needs to advance self-reliance and reduce dependence on imports to improve the value and competitiveness of products in the global value chain. Experts say that Việt Nam's industrialisation and modernisation strategy for the 2021-2030 period, with a vision to 2045, needs to adapt to rapidly changing domestic and international contexts. "Therefore, developing supporting industries and gradually becoming self-reliant on domestic sources of raw materials and components is one of the core issues for sustainable development of Việt Nam's industry in the long term," said a representative of the Industry Department to Công Thương (Industry and Trade) online newspaper. Highlighting the solution, the Industry Department said that first of all, it was necessary to improve the capacity of supporting industry enterprises; opening up market opportunities for supporting industry enterprises to become suppliers and participate in the supply chain of enterprises manufacturing and assembling final products. The State also needed to actively expand foreign markets for supporting industry enterprises, along with receiving technical processes and production skills from abroad to improve production capacity, said the department.

HÀ NỘI — The Vietnamese stock market increased on Monday in line with the short-term uptrend, while foreign investors continued the net selling. The VN-Index on the Hồ Chí Minh Stock Exchange closed higher at 1,160.19 points, up 5.51 points, or 0.48 per cent. The VN30-Index, which tracks the 30 biggest stocks on HoSE, also increased 2.38 per cent, or 0.2 per cent, to 1,163.52 points. During the session, investors poured over VNĐ1.7 trillion into the northern bourse, equal to a trading volume of 85.48 million shares. However, foreign investors continued to net sell on both main exchanges with a total value of VNĐ251.74 billion.

The quantity and quality of Vietnamese rice are increasing day by day, however, there are a number of barriers that need to be overcome towards sustainable development. In Ninh Bình Province alone, there are 437 donors, of which Kim Sơn District is the leading locality with 427 donors. “This is a huge contribution of Kim Sơn people in particular and Ninh Bình Province in general in the cause of people's health care. In April 2007, Nguyễn Thị Hoa in Kim Sơn District, Ninh Bình Province, donated her cornea after her death. The focus is on assembling national teams comprised of the most exceptional players, capable of conquering international events.

“The two ends of the bridge face each other, as if exchanging a kiss” - the Kiss Bridge appears to be full of romantic charm under the pen of the La Stampa journalist. “Like the fingers in the painting, the two branches of the Kiss Bridge do not touch each other”, the author describes. In particular, Kiss Bridge is poised to become a new symbol for Vietnam's tourism, drawing strong appeal from international travelers. The recent feature in Italy's third-largest newspaper underscores the enduring allure of Kiss Bridge, which has continued to captivate attention since its official inauguration. Just 4 days after its official opening, Kiss Bridge has already captured the attention of international media.

Speaking at a conference on Scenarios for Việt Nam Real Estate Market in 2024 held in Hà Nội on Friday, Nguyễn Văn Đính, chairman of Việt Nam Association of Realtors (VARS), said 2023 was a difficult year for the Vietnamese real estate market. Đính said that the investment demand was clearly affected when customers and investors gradually lost confidence in the real estate market. Notably, the Government's working group had reviewed, encouraged and promptly addressed challenges faced by numerous real estate projects in various localities. Gradual stabilisation since late 2024Đính expects 2024 to mark the final stage of overcoming obstacles in the Vietnamese real estate market. He also pinned hope on a new Land Law, saying that it would decide the recovery of the property market.

HCM CITY — Challenges such as bureaucratic obstacles, land clearance issues and project implementation delays must be overcome for HCM City to reach its growth target of 7.5-8 per cent for 2024, said a city official. The city would particularly focus on expediting public spending, boosting consumption and resolving the challenges faced by businesses in 2024, he said. Over the years HCM City has seen rapid urbanisation and economic development, leading to increased demand for public services and infrastructure. The city’s economy is expected to rebound in the second quarter and achieve 8 per cent growth in 2024, according to the HCM City Macroeconomic Report: 2023 Results and 2024 Forecast, which was released recently. In 2023, the city’s growth was only 5.81 per cent, significantly down from over 9 per cent in 2022.

The return of banking stocks leading the market’s trend and a surge in liquidity signal significant capital entering the stock market. Vietnam Construction Securities JSC (CSI) said that the first trading week of the new year witnessed bullish developments in the Vietnamese stock market, with all four sessions ending higher. According to CSI, with the prospect of further decreases in savings interest rates, liquidity decisively poured into the stock market during the first trading week of the new year. The securities added that the global stock market had a rather cautious trading week following the December meeting of the US Federal Reserve. The cautious sentiment may have influenced the buying and selling activities of foreign investors in the Vietnamese stock market.

A notable milestone for Vietnam’s tourism sector in 2023 was again being honoured by the World Travel Awards with the title “World’s Leading Heritage Destination 2023”. Vietnam’s recognition as the World’s Leading Heritage Destination enhances its tourism profile and position. To sustain the title, however, the tourism sector needs to create more attractive experiences, to extend the stays of international guests. 2024 is considered a turning point for Vietnam’s tourism sector. The country has placed much hope and efforts to boost its appeal further, and to turn tourism into a leading and environmentally-sustainable economic sector by 2030./.

PM Chinh and his wife introduced the Lao guests to pen tower, ink slab tower, Thê Húc Bridge, Ngọc Sơn Temple, and especially the turtles in the lake and the legend of Sword Lake. On the occasion of the New Year and the upcoming Lunar New Year of the Dragon, PM Chinh presented PM Sonexay a calligraphy with Vietnamese words which mean Vietnam-Laos friendship is forever green and solid for generations. After their trip, the two PMs and their wives had an exchange with Vietnamese and Lao students. This also marks the final activity of the Lao Prime Minister before concluding his official visit to Vietnam./.

The Lunar New Year side wants to keep the traditions of following the weather and seasonal changes for agriculture and farming purposes. This is what those against Lunar New Year base their argument on: a strong country like Japan doesn't even celebrate the Lunar New Year. Agriculture Professor Võ Tòng Xuân said "If you want to cling to the Lunar New Year, our country will forever stay poor!" Some of the bad habits on Lunar New Year include overdrinking and getting drunk, drink-driving, burning firecrackers, and intense gambling, either during the holiday, or even the whole first lunar month. Tết, or Lunar New Year today has only one good thing, it pushes people to spend money to keep the economy growing.

Vũ Duy Thông and Văn Hiền went with Army Corp No 2 to cover its movement from Kiên Giang to Takeo and Kampong Som. In Cambodia, there were so many landmines of the Pol Pot forces. Artillery shells from the Pol Pot forces still fell on it. The Pol Pot forces also knew the importance of this front and as such, deployed their units both horizontally and vertically. This was the last defensive line of the Pol Pot forces before the entrance to Phnom Penh.

The event also saw the presence of State President Vo Van Thuong and National Assembly Chairman Vuong Dinh Hue. Vietnam basically obtained general targets and many important results in different fields. Besides, the PM demanded strongly developing cultural and social areas, guaranteeing social security, and improving people’s material and spiritual life quality. Looking back on last year’s performance, participants shared the view that 2023 was the first year the Vietnam - Cambodia and Cambodia - Vietnam friendship associations carried out the memorandum of understanding on the coordination of their activities during 2022 - 2027. The number of Cambodian students in Vietnam sponsored by the VCFA in the 2023 - 2024 academic year surpassed the target.

Videos Vibrant spring festival welcoming in the Year of the Dragon More than 80 creative works depicting images of dragons - the zodiac sign for 2024 - are on show in Thu Duc city in Ho Chi Minh City. Let’s take a look! Videos Real estate market expected to roar back this year The domestic real estate market is believed to have reached the bottom and expected to roar back to life this year thanks to a slew of measures taken by the Government, ministries, agencies and localities. Videos 2023 a spectacular year for US-Vietnam ties: US Ambassador The year 2023 marks a remarkable improvement in US-Vietnam relations. On the occasion of the new year 2024, Marc Knapper, US Ambassador to Vietnam, shares his thoughts with the Vietnam News Agency about the memorable landmark in the bilateral ties.

TAMIL NADU, INDIA - Media OutReach Newswire - 6 January 2024 -The plan to expand into India aims to seize growth opportunities in the world's most populous nation and rapidly expanding EV market. This initiative forms a crucial part of VinFast's strategy to establish a strong presence in key markets and strengthen its supply chain for global expansion.The establishment of VinFast's integrated electric vehicle facility in Tamil Nadu is anticipated to generate approximately 3,000 - 3,500 employment opportunities locally. This aligns with the state government's initiatives to minimize carbon emissions in the transportation sector.VinFast's green transportation development project is its third manufacturing project and the largest investment in Tamil Nadu's history. About VinFastVinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.

Under the project, a digital transformation network from the central to the grassroots levels will be formed with the participation of State agencies at all levels, organisations, businesses and people with an aim to mobilise the maximum resources of society. All organisations and individuals in the digital transformation network will have access and master digital platforms and toolkits that are selected for consistent use across the country. A technician uses a smart device to check QR codes at 220kV Phan Thiet electrical substation in the south central province of Binh Thuan. (Photo: VNA)By 2030, the digital transformation network will be completed, effectively operate, be closely linked and synchronously coordinate in implementing tasks and solutions of the national digital transformation. Besides, all staff who perform digital transformation tasks from central to local levels will be trained annually to improve their capacity, meeting the requirements of state management and law enforcement on digital transformation in accordance with their job title and position standards./.