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Export turnover of Vietnamese dragon fruit is expected to top 1 billion USD in 2023./. Hanoi (VNA) – The Ministry of Agriculture and Rural Development has announced that the country's total export value of dragon fruit so far this year topped 47 million USD, a fall of 48.7% compared to the same period las year. The fruit has been exported to more than 40 countries and territories with China, India, the US, Thailand and the Netherlands being the biggest import ers. However, in the first two months of 2023, its export saw a slump in some markets such as the Republic of Korea (RoK) and Japan with decreases of 25.9% and 35.4%, respectively year-on-year. However, the export of the fruit is expected to bounce back as China - the biggest importer with 70% from Vietnam - has reopened its door. Export turnover of the fruit is expected to top 1 billion USD in 2023./. VNA … [Read more...] about Dragon fruit export turnover reaches 47 million USD

Chief executive for capital markets, financial derivatives, and carbon exchange supervision of the Financial Services Authority (OJK), Inarno Djajadi, at the 38th ACMF Chairs’ Meeting, which was held in a hybrid format in Yogyakarta on March 20, 2023.               (Photo: ANTARA) Jakarta (VNA) - The Financial Services Authority (OJK) of Indonesia , as the chair of the 2023 ASEAN Capital Market Forum (ACMF), is optimistic that ASEAN can achieve fast, inclusive, and sustainable economic growth . He said that the ACMF, as a regional capital market regulatory group, can contribute to ASEAN countries' economic transition toward a low-carbon economy , especially in the six sectors prioritized in the ASEAN Taxonomy Version 1. According to Djajadi, ACMF will also develop a transition guideline so that companies can carry out the transition process in a transparent and credible manner. This year, ACMF is looking forward to launching the Sustainable Finance Knowledge … [Read more...] about ASEAN can grow inclusively, sustainably

The daily reference exchange rate is set at 23,617 VND/USD on March 22. (Photo: VNA) Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,617 VND/USD on March 22, unchanged from the previous day. With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 24,797 VND/USD and the floor rate 22,436 VND/USD. The opening hour rates at commercial banks continued to increase. At 8:30am, Vietcombank listed the buying rate at 23,390 VND/USD, and the selling rate at 23,760 VND/USD, both up 10 VND from the end of March 21. BIDV kept both rates unchanged at 23,440 VND/USD (buying) and 23,740 VND/USD (selling)./. VNA … [Read more...] about Reference exchange rate kept unchanged on March 22

He made the remark at a meeting with a business delegation of the U.S. - ASEAN Business Council (USABC) in Hanoi on March 21. Highlighting the two countries’ comprehensive and fruitful relations, Minister Dung said the U.S. is currently the second largest trading partner and one of the leading export markets of Vietnam. It is also an important ODA provider and the 11th biggest among the 142 countries and territories investing in the Southeast Asian nation. Vietnam highly values the fruitful investment and business activities of U.S. investors and hopes they will maintain their trust and expand investment, trade, and development cooperation in the country, he noted. The official was of the view that there is huge cooperation potential in the fields of green growth, digital economy, science - technology development, and innovation, adding that Vietnam encourages and prioritizes quality and focus-driven foreign direct investment. The country is also implementing policies to help … [Read more...] about Minister hopes U.S. becomes biggest investor in Vietnam

The two countries officially established diplomatic ties on March 22, 1973, just two months after the Paris Agreement on ending the war and restoring peace in Vietnam was signed. Vietnam will long remember the wholehearted assistance from the Belgian government and people for its post-war reconstruction and recovery efforts. Over the past five decades, bilateral partnerships have flourished in various spheres, particularly politics - diplomacy, trade, agriculture, education - training, science and technology, and development cooperation at the federal, regional, and community levels. Belgium always attaches importance to relations with Vietnam and has established itself as an international partner substantially contributing to the Southeast Asian country’s successes via development cooperation programs. The two sides have also actively coordinated with each other at multilateral forums, especially the United Nations, the Asia - Europe Meeting (ASEM) and ASEAN - E.U. frameworks. … [Read more...] about Vietnam – Belgium traditional friendship receives renewed support

Hanoi has recorded 70 chickenpox cases over the past week, raising the city’s total number of patients to 548 since early this year. According to the Hanoi Centre for Disease Control, children at nursery accounted for 36.5 percent of cases and primary school children 38 percent respectively. The disease has hit 18 among 30 local districts with Chuong My hardest hit with 230 patients, followed by Me Linh, Ba Vi, Nam Tu Liem and My Duc. But the city has seen no deaths related to chickenpox so far this year. More schools in Chuong My District have recorded cases of chickenpox, including Phu Nghia Nursery School and Van Vo Primary School. Chuong My District’s authorities have asked local communes to spray disinfectant and instructed teachers and parents on disease prevention and patient care. The Hanoi Preventive Medicine Department said that chickenpox is an acute and highly contagious disease caused by the varicella-zoster virus transmitted from person to … [Read more...] about Hanoi sees rising chickenpox cases

The official logo for the 50th anniversary of Vietnam-Belgium diplomatic ties. (Photo: VNA) Hanoi (VNA) – The Belgian Embassy in Vietnam held a ceremony in Hanoi on March 22 to announce the official logo marking the 50th anniversary of Vietnam-Belgium diplomatic ties this year. Speaking at the event, Belgian Ambassador to Vietnam Karl Van den Bossche said the logo design contest for the occasion was open for Vietnamese designers and young artists. Through various media channels, the organising board received 130 entries. The winning logo was designed by Ly Khanh Linh, a 22-year-old student from Graphic Design Faculty at FPT University. It was inspired by famous cultural heritages of both countries with the hope of conveying the message of cultural exchange and friendship. It will be used in all activities of Belgium in Vietnam this year. The ambassador said the Queen of Belgium plans to visit Vietnam in May 2023 as the Goodwill Ambassador of UNICEF. In September, … [Read more...] about Logo marking 50th anniversary of Vietnam-Belgium diplomatic ties announced

A garment factory in Vietnam (Photo: VNA) Hanoi (VNA) – Textile and garment businesses in Vietnam are taking steps to switch to green production to meet partners’ demand and achieve sustainable development, the Cong Thuong (Industry & Trade) newspaper reported. Greening textile and garment production chains is currently a global trend that are compulsory for businesses to achieve sustainability. It is also a requirement placed on manufacturers as the EU, which imports over 4 billion USD worth of textiles and garments from Vietnam annually, has proposed the imposition of some eco-regulations on imports. Major fashion brands in the world are also prioritising green enterprises to place their orders or requesting suppliers to adopt green practices. Facing challenges and strict requirements from the market, many Vietnamese businesses are making changes towards green manufacturing, including upgrading factories and using recycled fabric and green energy. Among … [Read more...] about Textile, garment firms switching to green production

The Vietnam General Confederation of Labour (VGCL) has once again proposed that the government makes changes to Decision No.655/QD-TTg on housing in trade union institutions in industrial parks (IPs) and economic zones. The VGCL wants to have a harmonious cooperation mechanism between the VGCL, the people’s committee of localities and investors to build housing projects in trade union institutions in IPs. Around half of Vietnam’s provinces have sites that can be used for trade union institutional housing, photo Le Toan Le Van Nghia, head of the VGCL’s Project Management Board, noted that the 2017 decision approved projects to build trade union institutes in IPs. A trade union institution comprises a housing complex with cultural amenities, sports, kindergarten, and other aspects. Nghia said that the confederation deployed the first such institute in the northern province of Ha Nam, but after finishing the first phase in 2019, it had to stop and adjust the entire … [Read more...] about Foreign-invested enterprises bemoan housing legal overlaps

Representatives from the Ministry of Public Security and Nghe An authorities hand over a model house to a poor household in Tam Hop commune, Tuong Duong district, on March 22. (Photo: VNA) Nghe An (VNA) – The Ministry of Public Security and the authorities of Nghe An jointly held a ceremony on March 22 to hand over model houses and funding for the construction of more than 2,400 homes for the poor and people with housing difficulties in the central province. Responding to a programme on housing support for the poor and people with housing difficulty in Nghe An province in the 2023-2025 period and implementing the provincial Police’s project on building drug-free border communes, the Ministry of Public Security decided to build 1,420 houses for poor households in 27 border communes. Speaking at the ceremony, Deputy Minister of Public Security Sen. Lieut. Gen. Luong Tam Quang said that by implementing the policies of the Party, State, and government, the ministry has focused … [Read more...] about Over 2,400 houses to be built for the poor in Nghe An’s border communes