Vietnam PM says aiming to lift 2024 growth above 7%
Vietnam's gross domestic product is expected to grow by 6.8-7.0 percent this year, Prime Minister Pham Minh Chinh told parliament on Monday, before adding that the government was aiming to lift growth above the top end of that range. In 2025, Chinh said Vietnam would aim for growth of 7.0-7.5 percent, supported by a credit growth target of 15 percent and public investment, including spending on transport infrastructure. He said Vietnam will also seek to attract foreign investment and expand its export markets. The Southeast Asian country, a regional industrial hub, reported its strongest economic growth in two years in the September quarter, lifted by exports, industrial production and rising foreign investment, although Typhoon Yagi caused extensive damage last month that could affect future growth. He also said Vietnam would continue its fight against corruption and strengthen its defence capabilities.
Source:Tuoitre News
October 21, 2024 07:22 UTC
Vietnamese students from 5 provinces face admission ban at Australian university
According to several study abroad consulting firms in Vietnam, the University of Wollongong (UOW) has updated its admission policies for Vietnamese students, effective from August 15 until further notice. The institution will continue to implement the Genuine Student (GS) assessment process and require additional financial documentation for all provinces except Ho Chi Minh City, Hanoi, and Da Nang. Additionally, students from other provinces or cities (outside of the five high-risk areas) must still meet the GS assessment requirements and provide financial documents before receiving an offer letter. For cases where students are waiting for English proficiency test results like IELTS or PTE, the GS assessment will only proceed once the language criteria are met. The University of Wollongong is ranked 162nd globally and 12th in Australia, according to the QS World University Rankings 2024.
Source:VietNamNet News
October 21, 2024 04:57 UTC
Vietnam News Headlines October 21/2024
The Việt Nam News Agency won one first, one second, one third, and one consolation prizes. Runners may use their results at this marathon to register for the World Marathon Majors Age Group Championships - a global organisation with six of the most prestigious marathons worldwide (Six Majors), including the New York Marathon, Chicago Marathon, London Marathon, Boston Marathon, Tokyo Marathon, and Berlin Marathon. Turning Việt Nam into a favourite destination for athletes worldwide is one key factor to developing Việt Nam’s tourism sustainably. To implement the plan, the management board will promote cooperation with localities in Việt Nam and major international markets. Việt Nam was the first country outside Japan to implement the programme in 2015 under the name 'Mizuiku - I Love Clean Water.'
Source:Viet Nam News
October 21, 2024 04:57 UTC
Ca Mau’s "one day as a local" tour captivates foreign tourists
After setting up the homestay, Bi collaborated with local households to design the "One Day as a Ca Mau Local" tour, introducing tourists to activities deeply connected to the daily lives and farming practices of the local people. In addition to participating in these activities, tourists can enjoy delicious meals made from local, natural ingredients, often sourced from what they themselves have caught or gathered. His homestay and the "One Day as a Ca Mau Local" tour have gained recognition not only from domestic tourists but also from international visitors from countries such as India, the UK, the US, and France. To enhance the quality of the experience, Bi is also improving his English and teaching local residents basic, easy-to-learn phrases to help them communicate with foreign tourists. One of Bi’s international visitors, Aravindhan from India, participated in the "One Day as a Ca Mau Local" tour in July and had a memorable 4-day experience.
Source:VietNamNet News
October 21, 2024 04:57 UTC
The largest furniture fair in Vietnam: VIFA EXPO 2025 to feature 3,000 booths
As a key part of the Asian furniture fair circuit, VIFA EXPO 2025 promises to meet the diverse requirements of buyers worldwide, who are seeking a wide variety of furniture and wooden goods from Vietnam and beyond. The expo is expected to feature more than 600 exhibitors with over 3,000 booths, making the 16th VIFA EXPO in 2025 the largest edition ever. For the first time, VIFA EXPO 2025 will be held concurrently at two of the largest exhibition centers in Ho Chi Minh City: SECC and SKY EXPO. It has hosted many prestigious international exhibitions and events across various industries, including VIFA EXPO, VIETBUILD, Solar & Storage, and Lifestyle Vietnam. With increasing demand from participants in this trade show, VIFA EXPO 2025 will, for the first time, expand across both exhibition centers: SECC and SKY EXPO.
Source:Viet Nam News
October 21, 2024 02:31 UTC
Government mulls restrictions for individual investors of private corporate bonds
HÀ NỘI — Placing restrictions for individual investors in buying and selling private corporate bonds is a step in the right direction, said market analysts and experts. The draft securities law has been reported to restrict individual investors in the private corporate bond market, while facilitating foreign investors' activities. Only institutional investors will be allowed to trade corporate bonds, except for private bonds issued by credit institutions. On the other hand, institutional investors are significantly better equipped and have more experiences and knowledge to handle the risks associated with private corporate bonds. According to FiinRatings, limiting individual investors' participation in the private corporate bond market aligns with international practices.
Source:Viet Nam News
October 21, 2024 02:00 UTC
Vendors concerned by sluggish flower sales on Vietnamese Women’s Day
Many florists in Ho Chi Minh City have hesitated to restock and voiced concerns over slow sales on Vietnamese Women’s Day (October 20) because the demand for flowers was expected to be sluggish. “I did not dare to restock my shop with flowers as shoppers seemed to be shying away from purchases," Bich lamented. “A few years ago, up to 40 percent of shop's flowers were sold on October 19, but this year, just 20-25 percent here found buyers.”She hoped that the demand would be higher on Vietnamese Women’s Day. At his flower shop, a rose branch sells for VND15,000 (US$0.6), while the price of a bouquet ranges from VND200,000 ($8) to VND700,000 ($28). Qui predicted that while the demand for flowers might rise on Sunday, Vietnamese Women’s Day, prices will likely remain unchanged or could even drop in the afternoon if sales slow.
Source:Tuoitre News
October 20, 2024 18:15 UTC
In Vietnam, blind student manages to pursue studies at 2 universities at once
Studying at two universitiesRecently, Hieu was offered a full scholarship from RMIT University Vietnam, which covers all of his undergraduate tuition fees, English program costs, and additional mandatory charges. Meanwhile, he has just started his second year in the marketing technology program at UEH. When asked about his motivation, Hieu attributed it to his desire to seize opportunities that many visually impaired individuals do not have. He worked with classmates from Nguyen Dinh Chieu Special School for the Visually Impaired on the Microsoft-funded 'Neverland' project in eleventh grade. Empowering visually impaired individualsHieu's passion lies in marketing, particularly technology marketing.
Source:Tuoitre News
October 20, 2024 16:45 UTC
Top leaders attend national conference on implementing Party resolution
HÀ NỘI — A national conference on implementing the strategic resolution from the 10th plenum of the 13th Party Central Committee was held on Sunday in Hà Nội, with the country’s top leaders and over 1.2 million Party members in attendance both in person and online. Accordingly, the 10th plenum of the 13th Party Central Committee in September has set out strategic directions, breakthroughs and principles to fulfil these development aspirations. The Politburo will soon study and issue a resolution on national digital transformation. Regarding preparations for the 14th National Party Congress in 2026, top leader Lâm underlined building and ensuring the quality of documents for Party meetings at all levels, with each locality required to define the directions and solutions to implement socialism that align with their conditions. Lê Minh Hưng, secretary of the Central Party Committee and head of the Central Organisation Commission, also presented the draft report on Party building and Party Charter implementation in its 13th term, as well as several key points regarding the amendment of election regulations within the Party and personnel work for the 13th and 14th National Party Congresses.
Source:Viet Nam News
October 20, 2024 10:31 UTC
National Assembly set to vote on new President
HÀ NỘI — The National Assembly (NA) is expected to vote on the new State President on the first day of its eighth session on Monday in accordance with the Constitution and laws. This is part of the personnel-related tasks in the tentative agenda for the upcoming meeting of the 15th-tenure assembly, revealed at a press conference on Sunday. Previously, the 10th session of the 13th Party Central Committee reached a consensus on qualified candidates for the position of President for the 2021-26 term. The NA is expected to review and vote on 15 laws and three legal resolutions as well as commenting on 13 law projects. Given the importance of this NA meeting, Party General Secretary and State President Tô Lâm is expected to deliver a speech at the opening session.
Source:Viet Nam News
October 20, 2024 10:31 UTC
Vietnam News Headlines October 20/2024
FAO Representative to Vietnam Rémi Nono Womdim said that in Vietnam, the proportion of the population that cannot afford a healthy diet is much lower than in neighbouring countries. They plan to mobilise more long-term resources supporting the province to implement programmes and projects on biodiversity conservation and sustainable development. He recommended UNESCO continue initiatives and programmes to promote sustainable development goals (SDGs) in education, enhance the effectiveness of the UNESCO Global Network of Learning Cities, and combine culture and heritage for sustainable development. They emphasised Vietnam's exemplary role in harmonising the conservation and promotion of heritage values and sustainable development. To implement these programmes, the Government has issued an action plan and established the Central Steering Committee for the National Target Programme on Sustainable Poverty Reduction.
Source:Viet Nam News
October 20, 2024 04:34 UTC
Việt Nam sees potential for medicinal herb ecotourism
Experts have pointed out the significant untapped potential for combining cultivation of medicinal herbs with ecotourism in Việt Nam, thanks to the country’s rich diversity of medicinal resources. Việt Nam is home to more than 5,110 species and subspecies of medicinal plants, used for health and healing purposes. Several localities have successfully combined medicinal herb cultivation with forestry development and ecotourism. Tuấn proposes some strategies for Việt Nam to replicate these successes. Standards for both medicinal products and tourism services should also be established to ensure quality, safety, and consistency.
Source:Viet Nam News
October 20, 2024 04:22 UTC
Tropical depression or storm likely to hit East Vietnam Sea next week
A storm or a tropical depression is expected to form in the East Vietnam Sea between October 23 and 25, according to the National Center for Hydro-Meteorological Forecasting. The center forecast that an intertropical convergence zone will form in the East Vietnam Sea between October 21 and 22. In the zone, tropical cyclones may take shape. The national weather forecast agency also predicted that tides in coastal regions in the southeastern region will remain high until October 22. Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!
Source:Tuoitre News
October 19, 2024 19:08 UTC
Foreigner caught bringing 7kg of suspected gold bars to Vietnam
The man voluntarily took out seven yellow metal pieces, believed to be gold. He confessed that he had been hired to transport the gold from Hong Kong to Vietnam and would have been paid 100 Hong Kong dollars (US$12.9) for each piece. A person would have met him at Noi Bai International Airport to collect the metal. The foreign man who hid the yellow metal pieces in his body works with Vietnamese authorities on October 18, 2024. A leader of the customs agency at Noi Bai International Airport said they would raise vigilance to detect fraudulent activities.
Source:Tuoitre News
October 19, 2024 16:58 UTC
The role of women in disaster prevention should be strengthened: conference
Gender equity and inclusion in disaster risk management were among the issues discussed at formal sessions of the Asia-Pacific Ministerial Conference on Disaster Risk Reduction (APMCDRR) 2024 recently held in Manila, Philippines. MANILA — Gender equity and inclusion in disaster risk management were among the issues discussed at formal sessions of the Asia-Pacific Ministerial Conference on Disaster Risk Reduction (APMCDRR) 2024 recently held in Manila, Philippines. The 10th Asia-Pacific Ministerial Conference on Disaster Risk Reduction lasted for five days, from October 14 to 18, with the theme “Surge to 2030: Enhancing ambition in Asia Pacific to accelerate disaster risk reduction”. Delegates focused on discussing three main issues, including Practical solutions to increase financing for disaster risk reduction; Leaving no one behind: Gender-equitable and inclusive disaster risk management; and Localisation and resilience of urban and rural areas. Despite many challenges, when women are leaders in disaster preparedness, response and recovery, their contributions can improve the effectiveness of disaster risk reduction efforts.
Source:Viet Nam News
October 19, 2024 07:06 UTC