GDP in the third quarter is estimated to have increased by 5.33 per cent on-year, the lowest growth seen since before 2011, apart from the pandemic years of 2020 and 2021. However, this is seen as positive when compared to the growth of 2023's previous quarters, 3.28 per cent in the first, and 4.05 per cent in the second. GDP has increased by 4.24 per cent over the first nine months of the year, also only better than the pandemic period. The government's target growth for 2023 is 6.5 per cent, while last year's was 8.85 per cent. The driving force for the economy continues to be the service sector, which has grown by 6.32 per cent since the start of the year. The industrial and construction sectors still face many issues, with demand falling by 1.65 per cent on-year. Manufacturing increased by 1.98 per cent, which was the lowest increase for the period 2011-2023. The trade surplus so far the year is estimated at $21.68 billion, compared to $6.9 billion last year. By Nguyen … [Read more...] about GDP growth rose in first nine months of 2023
2023 made with care campaign
Winners of Golden Globe Science and Technology Award 2023 announced
The winners were selected from 69 nominees from 38 organizations, universities, research institutes, domestic and foreign businesses, Vietnamese embassies, and youth unions and Vietnamese student associations abroad. The annual award is presented in five areas of information technology, digital transformation and automation; medical – pharmaceutical technology; biological technology; environmental technology; and new material technology. Dr. Trinh Van Chien, a lecturer from the Hanoi University of Science and Technology’s School of Information and Communications Technology, Dr. Pham Huy Hieu, a lecturer from VinUniversity’s College of Engineering and Computer Science; and Dr. Nguyen Trong Nghia, a lecturer from the University of Adelaide, South Australia, won the award in information technology, digital transformation and automation. There are three winners in the medical – pharmaceutical technology area, namely Dr. Ngo Quoc Duy, a doctor from the National Cancer Hospital; Dr. Ha … [Read more...] about Winners of Golden Globe Science and Technology Award 2023 announced
HCM City increasingly appealing to foreign visitors
International tourists are becoming increasingly drawn to Ho Chi Minh City. (Photo: VNA) Hanoi (VNA) – International tourists are becoming increasingly drawn to Ho Chi Minh City where they can discover its vibrant blend of cultures through standout tours. Of the total 25 million tourist arrivals that the city hosted during January – August, there are nearly 3 million foreigners, up 105.2% year-on-year. Local tourist sites such as Ben Thanh Market , Sai Gon Central Post Office , and the War Remnants Museum have been favoured among the visitors. Zuzanna Henel and Klaudia Witkowska from Poland said they are impressed by the “Biet dong Sai Gon” (Sai Gon Special Task Force) tour developed by Vietluxtour, during which they got a better understanding of Vietnam’s war time as well as stories about Sai Gon heroes. Visiting HCM City for the fourth time in ten years, Allan Andersen from Demark said he wants to enjoy walks along the streets as well as local foods such as … [Read more...] about HCM City increasingly appealing to foreign visitors
Naval Region 1 works with Nghe An province
During the working session, the Nghe An provincial Party Committee’s Commission for Information and Education informed the delegates about the profound outcomes in the province’s socio-economic development in the first nine months of 2023 and the results of the commission’s recent activities. Also, delegates discussed how to raise the quality and efficiency of information dissemination of information about sea and islands in 2023 and the coming years. Speaking at the event, Senior Captain Tran Xuan Van emphasized that over the past years, the Naval Region 1 Command and the Nghe An provincial Party Committee’s Commission for Information and Education have closely worked together to effectively implement information dissemination on national sea and islands. In Nghe An province, Flotilla 137 coordinated with local authorities to carry out mass mobilization work, gratitude activities, cultural and artistic exchanges, sports events associated with information dissemination on national … [Read more...] about Naval Region 1 works with Nghe An province
Fire prevention and control – crucial, important task: top legislator
The top legislator made the appeal while addressing a program in Hanoi on September 28 to launch a nationwide campaign for fire prevention and control, and rescue operations. The event marked the 62nd traditional day of the firefighting and rescue police force (October 4, 1961-2023) and 22 years of the movement of all people participating in fire prevention and control (October 4, 2001-2023). On this occasion, the N.A. Chairman presented the title of “Hero of People’s Armed Forces” to some firefighting and rescue police units in Hanoi, the northern port city of Hai Phong, and Ho Chi Minh City. Minister of Public Security General To Lam also handed over the Prime Minister’s certificates of merit to 12 collectives and individuals with outstanding performance in this regard. Other collectives and individuals that have significantly contributed to firefighting and rescue operations were also honored at the program. Chairman Vuong Dinh Hue stressed that fire prevention and control … [Read more...] about Fire prevention and control – crucial, important task: top legislator
Vietnam’s GDP growth expands by 4.24% in a 9-month period
The country’s economic growth hit 5.33% year-on-year in the third quarter. Vietnam’s GDP in the first nine months expanded by 4.24% year on year, data from the General Statistics Office (GSO) showed today [September 29]. Data: GSO. Chart: Hai Yen/The Hanoi Times For the third quarter of this year, the country’s economic growth reached 5.33% compared to the same period last year. This growth rate only exceeds the figures for 2020 and 2021, which were significantly affected by the Covid-19 pandemic, but is still seen as a “positive trend”. Growth in the first quarter was a modest 3.28%, while the second quarter saw a slightly higher growth rate of 4.05% . Over the entire nine-month period, the GDP grew by 4.24%, the lowest growth in 13 years during a time when the pandemic affected the economy. For 2023, the Government has set an ambitious target of 6.5% GDP growth, while the economy grew 8.85% last year . The primary driver of the economy … [Read more...] about Vietnam’s GDP growth expands by 4.24% in a 9-month period
Vietnam Fatherland Front, Cuban Revolution Defense Committees maintain close cooperation
Anh also held talks with CDRs National Coordinator Gerardo Hernández Nordelo. The two sides informed each other of the two countries’ relations and their respective organization’s outstanding activities, and discussed and agreed on cooperation contents for 2023 and the following years to maintain social order and stability, and support each country’s interests, based on their stances and international law. They expressed their hope to continue consolidating and further tightening the special traditional friendship, fraternal solidarity, comprehensive cooperation, and mutual trust between the two parties, states and people of Vietnam and Cuba. On this occasion, the VFF delegation also worked with representatives from the CDR of Matanzas province, visited Nguyen Van Troi primary school, and paid floral tribute to President Ho Chi Minh at a park named after the late leader in Havana. Source: VNA … [Read more...] about Vietnam Fatherland Front, Cuban Revolution Defense Committees maintain close cooperation
Vietnam’s nine-month GDP increases by 4.24%
Vietnam’s GDP in the first nine months of this year rises by 4.24% year-on-year. (Photo: VNA) Hanoi (VNA) – Vietnam’s gross domestic product (GDP) in the first nine months of this year rose by 4.24% from the same period last year, the General Statistics Office (GSO) announced on September 29. In the third quarter, the country's economic growth rate was estimated at 5.33% compared to the same quarter of 2022. The GSO assessed that although the nine-month growth rate is only higher than those in the same period of 2020 and 2021 in the past 12 years, it showed a positive trend of increasing gradually over the quarters: 3.28% in the first quarter, 4.05% in the second quarter and 5.33% in the third quarter. In the January-September period, the agro-forestry-fishery sector expanded by 3.72%, contributing 8.03% to the total added value of the entire economy. The growth rates of the industrial and construction sector and the service industry were 5.19% and 6.24% with … [Read more...] about Vietnam’s nine-month GDP increases by 4.24%
Defense Minister meets with Vu A Dinh Scholarship Fund delegation
At the meeting, the fund’s chairwoman Truong My Hoa, who is the former Vice State President, stressed that the significant and practical care and support from the Ministry of National Defense over the past years have helped the fund to develop strongly and spread in the society. She reported that for 25 years, the fund has granted 125,000 scholarships via four investment projects, namely “Nurturing the future,” “Paving the way to the future,” “Fostering dreams” and "Supporting students.” Speaking highly of the fund’s projects, programs, and practical facilities carried out over the past 25 years, Defense Minister Phan Van Giang stressed that a number of students, including those from ethnic minority groups, children of troops have overcome difficulties to rise in study and life thanks to the fund. He also applauded the fund for honoring collectives and individuals with great contribution to compatriots in mountainous areas and on islands, creating a wide spread in society. The … [Read more...] about Defense Minister meets with Vu A Dinh Scholarship Fund delegation
South Koreans in Vietnam celebrate Mid-Autumn Festival
According to the South Korean woman, songpyeon - made from rice powder and filled with red bean, mung bean, or black sesame paste - is a must-have dish at Chuseok (South Korean Mid-Autumn Festival). Chuseok is an occasion for South Koreans to celebrate their harvest and gather with family members. Local people often visit their deceased relatives’ graves and offer food to show their gratitude towards their ancestors. They also send their relatives and friends gifts, often food that can be consumed within the week, including songpyeon, ginseng, beef, or fruits. Songpyeon made by Kim Youn Kyong’s family, who came to live in HCMC 10 years ago, on September 28, 2023. Photo by VnExpress/Ngoc Ngan Kim said that she was surprised and slightly disappointed on her first Mid-Autumn Festival in Vietnam, since everyone was still working, compared to how people at home have three to four days off to return to their hometowns and visit their families. The whole family then … [Read more...] about South Koreans in Vietnam celebrate Mid-Autumn Festival