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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
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