Selling fresh fruit via live streaming forecast to boom
HÀ NỘI — Selling fresh fruit and agricultural products through live streaming, a trend that has exploded in the Chinese market recently, will likely boom in Việt Nam as well, trade experts have forecast. Last June, farmers and businesses in the northern Bắc Giang province sold a large amount of lychee and many other specialities via live streaming. To attract customers to buy goods via live streaming events, most businesses and stores reduced prices compared to direct selling at stores or other e-commerce channels. Recently, TikTok Shop, the video platform's e-commerce wing, launched a new feature to sell fresh goods. However, fresh agricultural products require fast delivery.
Source:Viet Nam News
July 10, 2023 02:15 UTC
Resident doctors battle stress in the "last fortress" of hospitals
However, this habit gradually changed after she became a resident doctor. "I knew being a resident doctor would be tough, and everyone who has gone through it says the same. After deciding to pursue a career as a resident doctor, Lê has temporarily set aside her personal life. For her, being a resident doctor is the shortest path to improve her skills, and she's willing to sacrifice three years. After 3am, the female resident doctor finally slumps onto her desk to rest her eyes after 11 hours of work.
Source:Viet Nam News
July 10, 2023 01:55 UTC
VN market expected to further recover next week
HÀ NỘI Việt Nam's stock market is entering a more positive movement this week, spurred by a series of supportive solutions from the Government, said brokerages. According to SSI Securities Joint Stock Company, Việt Nam's stock market is recovering from its bottom, led by a series of supportive solutions from the Government, through fiscal and monetary policies. Therefore, investors need to observe supply and demand forces to assess the state of the market carefully. They were net sellers for the third week in a row, with a net selling value of VNĐ1.86 trillion. Securities stocks gained strongly, such as Việt Capital Inc (VCI) increased by 11.48 per cent, Việt Dragon Securities (VDS) by 9.89 per cent, MB Securities (MBS) by 7.03 per cent, and Bảo Việt Securities Co (BVS) by 6.38 per cent.
Source:Viet Nam News
July 10, 2023 01:04 UTC
Vietnam gains 2.3 billion USD from rice exports in first half
Business Infographic German Journal applauds Vietnam’s economic achievements No other country of a similar size in the world has achieved such major achievements in the Index of Economic Freedom as Vietnam has since 1995, German economic and financial news website wallstreet-online.de wrote in a recent article. Business Infographic EU relaxes food safety regulations for Vietnamese instant noodles Vietnamese instant noodle products imported into the European Union (EU) market will no longer be required to have certificates of food safety inspection issued by authorised Vietnamese agencies from June 27.
Source:Viet Nam News
July 10, 2023 00:55 UTC
Vietnam seeks stronger green finance ties with Luxembourg
Finance Minister Ho Duc Phoc (R) and Luxembourg Finance Minister Yuriko Backes at a meeting on July 7 (Photo: VNA)Finance Minister Ho Duc Phoc meets with CEO of the Luxembourg Stock Exchange Julie Becker. He also called for assistance in the formation of a carbon market as Vietnam is working to build a plan on the establishment of this market.Minister Backes noted Vietnam is a developing economy that needs considerable investment to conduct green transition. It hopes for the latter’s help with institutional building; technology for digital transformation; transparent, safe, healthy and sustainable operation of the stock market; and development of high-quality human resources, the official went on.At LuxSE, Minister Phoc chaired a roundtable workshop on connecting the two countries in building a green capital market. The event attracted representatives of Luxembourg authorities along with investment funds, businesses, and major investors from Luxembourg and some neighbouring countries.In addition, Phoc had a working session with Vice President of the European Investment Bank (EIB) Kris Peeters to discuss the EIB loan of 500 million EUR (548.5 million USD) for Vietnam to carry out energy transition. He also called for the bank’s promotion of financial support for environmental and urban transport projects in the country.During the trip, the MoF delegation also visited the Luxembourg House of Financial Technology (LHoFT)./.
Source:Viet Nam News
July 09, 2023 16:14 UTC
VIETNAM NEWS HEADLINES JULY 9/2023
He advised parents to consider vocational education centers - continuing education, vocational education institutions in addition to public and private schools. 58-KL/TW of the Secretariat on the organization and operation of the Vietnam Association of the Elderly. The Vietnam Elderly Association was urged to renovate its modes of operation for the sake of its members. According to the representative of the HCMC Department of Education and Training, the recruitment method remains unchanged, with two-round recruitment. Niinuma Vietnam is a company with 100 per cent investment capital from Japan, operating in the field of solar energy and agriculture.
Source:Viet Nam News
July 09, 2023 11:28 UTC
Foreign Minister attends online conference on responding to synthetic drugs
HÀ NỘI — Minister of Foreign Affairs Bùi Thanh Sơn joined representatives of 70 countries and relevant international organisations at a virtual ministerial meeting to launch the global coalition to address synthetic drugs on July 7 (US time) under an initiative of United States Secretary of State Antony Blinken. Delegates expressed their deep concerns about criminal activities related to the production, transportation and trafficking of drugs, and the negative effects of drug active ingredients on public health and social security. Challenges that the synthetic drug problem poses to sustainable development such as poverty reduction, education and employment security were also put on the table. Delegates pledged to coordinate actions at the national, regional and international levels in drug prevention and control, based on science and transparent information, and a comprehensive and balanced approach. This is the first conference held under the initiative of the US Secretary of State to promote discussion, information sharing and cooperation and action coordination in response to the threat posed by synthetic drugs, which are emerging in many parts of the world.
Source:Viet Nam News
July 09, 2023 03:55 UTC
Vietjet offers free travel insurance on all flights
HCM CITY — Vietjet will offer free Sky Care comprehensive travel insurance on all domestic and international flights for all passengers of all ticket classes to bring them a happy and safe flying experience. Last week, Vietjet announced to increase the frequency of its direct flights to Australia to 34 flights per week to respond to the traveling demands of the peak season. Flights of HCM City- Melbourne and HCM City- Sydney routes will be increased to seven per each. Vietjet will also increase its flights between HCM City and Brisbane to three return flights per week. From December 6, 2023, flights from HCM City to Brisbane will depart on Mondays, Wednesday, and Fridays.
Source:Viet Nam News
July 09, 2023 03:14 UTC
Philippines writes off debts for more than 600,000 farmers
Hanoi (VNA) - Philippine President Ferdinand Marcos Jr on July 7 signed into law a reform measure that writes off about 1.04 billion USD of debts owed by more than 600,000 farmers to help them boost production. Speaking at the ceremony, President Marcos said that this is a measure that the government rolls out to help farmers deal with this huge debt. In addition, the government will spend an additional 206 million pesos (3.6 million USD) to compensate landowners who have transferred their properties to others. In 1988, about 4.8 million hectares of land, or 16% of the country's area - was allocated to 3 million farmers who did not own land. President Marcos has underscored the priority of recovering the agricultural sector and making it a growth motivation for the Philippine economy./.
Source:Viet Nam News
July 08, 2023 17:59 UTC
Thailand: Eight parties united in upcoming PM vote
With the vote for House Speaker and deputies completed, the parliament of Thailand is heading to the next crucial meeting to vote for Prime Minister. Eight parties holding the majority seats in the lower house said they were united in their decision to vote for Move Forward party leader Pita Limjaroenrat.The journey for the next Prime Minister and the new government coalition is approaching its critical point, with the parliament now expected to hold a vote for Prime Minister soon, following the vote for House Speaker.According to Wissanu Krea-ngam, Deputy Prime Minister of the caretaker government, the parliament will now submit the names of persons nominated as House Speaker and two corresponding deputies to His Majesty the King for official proclamation.Following the proclamation, the House Speaker, whose official title is President of the National Assembly, will then confer with the President of the Senate, to schedule an appropriate date for a National Assembly session, in which members of both the upper and lower houses will vote for Prime Minister. The caretaker government will remain in power until the day on which the new Prime Minister and Cabinet swear in.The eight parties led by Move Forward party (MFP), who secured the highest number of seats in the House of Representatives, have expressed their unity in the forming of the MFP-led government coalition, with MFP leader Pita Limjaroenrat serving as Prime Minister. Pheu Thai party leader Dr. Chonlanan Srikaew said the eight parties will mutually nominate Pita for the Prime Ministerial vote, and will try to secure the most votes possible to reach the minimum 376 votes required.Dr Chonlanan stressed that his party does not have a backup plan in place, in case Pita faces major political obstacles. He said the only plan right now is to secure enough votes./.
Source:Viet Nam News
July 08, 2023 16:50 UTC
Market see upswing in H2, bolstered by lower interest rates and recovering corporate earnings
Regarding interest rates, deposit and lending rates will maintain a downward trend in the second half of the year. The average deposit interest rate of 12 months will decrease to 6.0-6.5 per cent per year by the end of 2023. Lending interest rates may decrease significantly in the second half of 2023 due to the capital cost of commercial banks decreasing, thanks to the State Bank cutting the operating interest rate in the first half of 2023. Regarding the stock market, the analysis team said that the cash flow into the market started to recover, showing that investors' confidence in the market is gradually improving. Lending interest rates will also decrease compared to the beginning of 2023 by 1 to 1.3 percentage points.
Source:Viet Nam News
July 08, 2023 15:46 UTC
Vietnam updates EC on efforts to combat IUU fishing
They also considered the amendment of Article 70 on control under the Agreement on Port State Measures (PSMA), and the supplement of regulations on control of aquatic products originating from fishing activities imported into Vietnam by container ships.The Vietnamese side informed the EC side on the pace of deploying the management of offshore fishing vessels and vessels' movement through ports, and supervision of fishing output at ports; the implementation of the Capture Fisheries and Aquatic Resource Protection Plan; the fisheries management plan; the traceability work to ensure that shipments exported to the European market are legal; and the enforcement of law with a focus on handling vessels violating foreign waters and building a database on the handling of such violations from central to local levels.According to Hung, the two sides have basically reached agreement on discussed issues and the DG-MARE also agreed with the work that Vietnam has carried out.The EC suggested that Vietnam take stronger measures to combat illegal fishing and put an end to fishing boats violating foreign waters, as well as to handle fishing vessels that lose VMS connection, he said.The MARD and DG-MARE are scheduled to hold an online dialogue in September to continue to exchange and update the implementation of r ec ommendations before the EC sends its inspection team to Vietnam to examine the country’s efforts on IUU fishing prevention and control in October.
Source:Viet Nam News
July 08, 2023 10:19 UTC
Generation Z facing problems in the workplace
Not what it seemsBased on the dizzying job-hopping stories, many people have negative perceptions of Gen Z. Some believe that Gen Z are overly confident in their abilities and have lower resilience compared to previous generations. "However, we must recognise that the younger generation, Gen Z, is born and raised in different circumstances than before. With their confidence, independence, and proactivity, it's understandable that the job-hopping rate is high among Gen Z," explained Hồ Lâm Giang. The bold and practical ideas of Gen Z are most suited for this new era.
Source:Viet Nam News
July 08, 2023 05:02 UTC
VIETNAM NEWS HEADLINES JULY 8/2023
However, the official said, local tourism development has still been hindered by poor infrastructure and lodging and catering services, limited unique tourism products, and personnel-related issues. Vietnam attaches great importance to and wishes to enhance relations with the EU, one of its most important partners, he affirmed. The enforcement of the EU - Vietnam Free Trade Agreement (EVFTA) since August 2020 has helped turn the EU into the fifth largest trading partner and investor of Vietnam. Like Singapore, Vietnam prioritises human resources training to meet socio-economic development requirements, especially in the digital era. Like Singapore, Vietnam prioritises human resources training to meet socio-economic development requirements, especially in the digital era.
Source:Viet Nam News
July 08, 2023 04:11 UTC
Coal supply for thermal power plants to increase by 10-15 per cent
HÀ NỘI — Việt Nam Coal and Mineral Industries Group (Vinacomin) and Đông Bắc Corporation strive to supply about 48.35 million tonnes of coal for thermal power plants, an increase of about 10-15 per cent compared to 2022. In May alone, TKV made additional deliveries of about 300,000 tonnes of coal for the thermal power plants of the Vietnam Electricity (EVN). In June alone, the corporation delivered nearly one million tonnes of coal to thermal power plants, the highest level ever. To deal with this situation, the thermal power plants nationwide and, in particular, the northern region of the country, are operating at full capacity while implementing alternating power cuts. Quảng Ninh is now a thermal power centre in the North with seven thermal power plants operating at full capacity to meet increasing electricity demand.
Source:Viet Nam News
July 08, 2023 03:00 UTC