Industrial land demand, rents jump in ‘attractive’ Việt Nam
A notable 63 per cent of surveyed businesses positioned Việt Nam within their top 10 FDI destinations, EuroCham said. Few countries have emerged from the global pandemic as strong as Việt Nam has, and we are excited for our guests to see and hear that the opportunities for investing here are as abundant as ever.”Recently UK company Essentra Components announced plans to invest in Việt Nam. Major corporations such as Apple and LEGO have already begun building primary production facilities in Việt Nam at a cost of billions of dollars. Công Thương newspaper (Vietnam Economic News) quoted Nguyễn Văn Dòng, chairman of the Việt Nam Printing Association, as saying Việt Nam is an attractive destination for foreign investors, and many delegations from China and Thailand have been visiting to explore investment opportunities. Industrial property marketWith international investors flocking to the country, the demand for industrial land has been rising.
Source:Viet Nam News
October 21, 2023 10:37 UTC
Fathers cannot be identified for more than 200 children in Lâm Đồng
LÂM ĐỒNG — On the birth certificates of more than 200 children in the Central Highlands province of Lâm Đồng, there is a blank space where the names of their fathers should be. Among 201 children with no fathers on their birth certificates in 2022 and the first quarter of 2023, there are 44 cases from Tu Tra Commune. Most cases of children whose fathers cannot be identified were in ethnic minority areas. Nguyễn Mai Quân is in charge of maternal care for child marriage women at Tu Tra Commune Health Station. He said in 2022 and the first quarter of 2023, three cases of child marriage were discovered in the area.
Source:Viet Nam News
October 21, 2023 09:35 UTC
Land for tourism development should be of higher priority
HÀ NỘI - Việt Nam's draft Land Law currently does not have a land reserve for tourism development, making life difficult for investors and at times, pressuring them to purchase land at significantly higher prices, said industry experts and policymakers at a tourism property conference Thursday in Hà Nội. It has resulted in local authorities reclaiming and awarding plots of land to tourism developers without a clear governing legal framework. The consequences have started to show since 2019 when legal issues arose in tourism projects across the country. "In order to unleash the potential of tourism as a key economic driver, it's time the Government provided specific provisions for designated land for tourism development," he said. He said if localities had identified tourism as a key local economic engine, then tourism projects should be granted their appropriate standing among the socio-economic development priorities.
Source:Viet Nam News
October 21, 2023 03:50 UTC
Vietnam’s community learning model honored by US Congress Library
An awarding ceremony was held recently at the headquarters of the Library of the US Congress in Washington, D.C. The Literacy Awards program, sponsored by David M. Rubenstein since 2013, honors organizations that provide exemplary, innovative and replicable strategies to combat illiteracy. It has so far honored 180 organizations from 39 countries around the world. This year's awards were given to 18 organizations from seven countries, namely the US, New Zealand, India, the UK, Indonesia, Pakistan and Vietnam. Through House of Wisdom, Compassion Books established 146 lifelong learning spaces in 12 provinces of Vietnam and four other countries (Malaysia, Australia, New Zealand and Japan), helping more than 10,000 members, especially children and locals in poor, rural areas to have the opportunity for quality and free education./.
Source:Viet Nam News
October 20, 2023 23:23 UTC
VIETNAM NEWS HEADLINES OCTOBER 20/2023
At the meeting, Cai said Vietnam and China are important neighbours of each other and share broad common interests. He suggested stepping up exchanges between their Parties, States, and peoples to further intensify friendship between the people of Vietnam and China. The top legislator of Thailand also hailed the countries’ cooperation in recent times, including exchanges across parliamentary, governmental, business, and people-to-people channels. As a member of the UN Human Rights Council for the 2023-2025 term, Vietnam has actively participated and taken specific initiatives such as proposing resolutions to promote the Universal Declaration of Human Rights, climate change and human rights. He went on to reiterate the good results of his visit to Vietnam in September on the occasion of the high-level Vietnam - Laos - Cambodia meeting.
Source:Viet Nam News
October 20, 2023 10:07 UTC
Vietnam, Saudi Arabia sign action programme to boost tourism cooperation
Vietnamese and Saudi tourism companies sign cooperation agreement. (Photo: VNA)Riyadh (VNA) – The Ministry of Culture, Sports and Tourism and Saudi Arabia’s Ministry of Tourism signed an action programme to boost the two countries’ tourism cooperation in Riyadh on October 19. The signing was made within the framework of the ongoing visit to Saudi Arabia of Prime Minister Pham Minh Chinh. Vietnam also wants to promote its tourism in Halal markets like Saudi Arabia, he said. He proposed Saudi Arabia help Vietnam in learning about tourists’ demand and the Halal market, building standards and regulations on Halal tourism through transferring technology and introducing businesses of Saudi Arabia to invest and operate in Vietnam.
Source:Viet Nam News
October 20, 2023 09:53 UTC
Vietnamese, foreign scholars discuss impact of pivot to Asia-Pacific on economic policies
The conference is co-organised by the HCM City University of Law and the University of Tours in France with the support of the French Embassy in Việt Nam. This move raised many legal issues related to the signing and implementation of international trade and investment agreements. It was expected to help Vietnamese policymakers and businesses clearly understand the new business situation in order to develop strategies and solutions for new challenges in the context of international economic integration. Other issues include the economic policies and laws of major economies in response to Asia-Pacific, and economic strategies of major Asia-Pacific economies. The discussions were hosted by Christian Deblock, Professor at the Faculty of Political Science and Law, University of Quebec in Montreal, Canada; Yumiko Nakanishi, Professor of European Union Law at the Graduate School of Law, Hitotsubashi University, Japan; and Rector Sơn.
Source:Viet Nam News
October 20, 2023 05:53 UTC
Vietnam Int’l Plastics and Rubber Industry Exhibition kicks off
The Vietnam International Plastics and Rubber Industry Exhibition features over 1,100 booths, reflecting that Vietnam is a high-potential and fast-growing market in the industry. The four-day event gathers a wide range of solutions including machinery and equipment for the production and processing of plastics and rubber, raw materials category and machinery for recycling. The event offers an opportunity for domestic and foreign businesses to access the latest technologies in the plastic and rubber industry as well as explore materials for their production. Two seminars will be held within the framework of the expo, including one focusing on addressing challenges in operational management for enterprises manufacturing and distributing raw materials and additives in plastic products, along with providing solutions to these challenges./.
Source:Viet Nam News
October 19, 2023 11:26 UTC
Vietnam should keep close watch on inflation rate: WB
In its “Vietnam Macro Monitoring” report in September, the WB said the consumer price index grew from 3% in August to 3.7% in September, continuing a sharp upward trend that started in June. Inflation was due to higher prices of food and foodstuffs as well as housing and construction materials. Additionally, the price of transport services contributed 0.3 percentage point to CPI inflation due to the new round of oil price increases registered during July-September this year. In stark contrast, core inflation which excludes food, fuels and government administered prices, continued to soften from 4% in August to 3.8% in September. The bank suggested Vietnam focus on improving the business climate and stepping up investment in human capital to attract high-tech and high-value-addition FDI as well as boost productivity in the long run./.
Source:Viet Nam News
October 19, 2023 11:26 UTC
VIETNAM NEWS HEADLINES OCTOBER 19/2023
For his part, President Wickremesinghe congratulated Vietnam on its important socio-economic achievements and stated that Sri Lanka always wishes to strengthen its relations with Vietnam. Vietnamese, Lao junior army officers join friendship exchangeA delegation of young Vietnamese military officers held talks and joined exchanges with a Lao delegation in Hanoi on October 17. Vietnamese, Lao junior army officers join friendship exchangeA delegation of young Vietnamese military officers held talks and joined exchanges with a Lao delegation in Hanoi on October 17. The State leader said Vietnam consistently considers the UN a leading organisation for global peace, cooperation, and development, as well as a trustworthy, loyal, and long-standing partner of Vietnam in all of its development stages. He also affirmed his strong commitment to assisting Vietnam in its sustainable development efforts and climate change response.
Source:Viet Nam News
October 19, 2023 10:19 UTC
Indonesia kicks off election season
Ganjar Pranowo (right), presidential candidate of the ruling Indonesian Democratic Party-Struggle (PDI-P), waves with his running mate, Mohammad Mahfud Mahmodin, chief security minister, known as Mahfud MD (left), during their declaration in Jakarta, Indonesia, October 18, 2023. (Photo:antaranews.com)Jakarta (VNA) - Indonesia officially entered election mode on October 19, with registration open for candidates keen to contest the upcoming presidential polls in February 2024. Candidates will also be confirming their running mates for the election, ending months of speculation and political manoeuvring aimed at shoring up alliances and making inroads into new voter territory. Ganjar, the president pick of the ruling Indonesian Democratic Party-Struggle (PDI-P), will be joined on his ticket by respected former judge and current chief security minister Mahfud MD. Anies, who is trailing in opinion polls, is running with Muhaimin Iskandar, head of the country’s biggest Islamic party, PKB.
Source:Viet Nam News
October 19, 2023 08:59 UTC
Việt Nam's economy set for a comeback: IMF
HÀ NỘI Việt Nam's real GDP is expected to grow at 4.7 per cent this year, according to the October 2023 report by the International Monetary Fund (IMF) on the Asia-Pacific region. IMF's projection for Việt Nam's real GDP growth for 2024 and 2025 were 5.8 per cent and 6.9 per cent, respectively. Abrupt financial tightening in the United States or within the region would inhibit growth, especially in highly leveraged economies and sectors. The recent slowdown in China’s property sector will weigh on demand throughout the region with medium-term growth being projected to be moderate. The IMF advised central banks to carry through with policies to ensure that inflation is durably at appropriate targets.
Source:Viet Nam News
October 19, 2023 05:29 UTC
Vietnam International Plastics and Rubber Industry Exhibition kicks off
A total of 625 exhibitors from 22 countries and territories, take part in 21st Vietnam International Plastics and Rubber Industry Exhibition in Ho Chi Minh City. (Photo: VNA)HCM City (VNA) – The 21st Vietnam International Plastics and Rubber Industry Exhibition (VietnamPlas 2023) opened in Ho Chi Minh City on October 18, attracting 625 exhibitors from 22 countries and territories, including China, India, France, Italy, Australia, Brazil, Russia, US and Vietnam. The four-day event features over 1,100 booths, reflecting that Vietnam is a high-potential and fast-growing market in the industry. VietnamPlas 2023 gathers a wide range of solutions including machinery and equipment for the production and processing of plastics and rubber, raw materials category and machinery for recycling. Currently, Vietnam's plastic and rubber industry enjoys an annual growth rate of 8%, said Judy Wang, President of Yorkers Trade and Marketing Service Co.Ltd, one of the event’s organisers.
Source:Viet Nam News
October 18, 2023 15:54 UTC
Vietjet offers super-discounted tickets to celebrate Vietnamese Women's Day
HCM CITY — Vietjet is offering its passengers tickets priced from only zero đồng to international destinations and free VNĐ200,000 E-vouchers to celebrate Vietnamese Women's Day on October 20. The discounted airfares, which are available during three golden days from Wednesday to Friday, are applicable to all international routes to Australia, India, Japan, South Korea, Taiwan (China), Hong Kong, Kazakhstan, and Southeast Asia. Free VNĐ200,000 E-vouchers will be also given to lucky passengers who successfully register and apply the passenger name record (PNR) code on website https://evoucher.vietjetair.com/ for flight schedules from November 1 to December 20, 2023. Additionally, flying with Vietjet on the special day of October 20, female passengers will have opportunities to receive surprise gifts from Vietjet. Continuously expanding its flight network globally, Vietjet wings to Vietnamese women on every journey to the world, the airline said.
Source:Viet Nam News
October 18, 2023 09:07 UTC
VIETNAM NEWS HEADLINES OCTOBER 18/2023
Uzbekistan hopes that Vietnam will be a bridge to help it bolster connectivity with ASEAN, while Vietnam wants to promote cooperative relations with the Central Asian region through Uzbekistan. To solve those challenges, public administration, public governance, and public services are becoming more necessary than ever, he remarked. According to Mai, the ILO has chosen Vietnam as a partner to implement its pilot project on fair work supply chain in the electronics industry in Vietnam. On the occasion, he invited leaders of the Cambodian Ministry of National Defence and army to the second Vietnam International Defence Expo and celebrations of the 80th anniversary of the Vietnam People’s Army next year. The leader also recommended enhancing people-to-people exchanges, with an emphasis on cultural exchange and tourism cooperation.
Source:Viet Nam News
October 18, 2023 05:23 UTC