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According to research by the World Health Organization, for every $1 spent on early childhood development interventions, the return on investment can be as high as $13. Therefore, investing in the development of the younger generation is a cost-effective way to promote shared prosperity, economic growth, and expand equal opportunities. Shinhan Life aims to build a sustainable future for the next generation of Vietnam Sharing this common perspective, Shinhan Life has been integrating business development with social responsibility since its inception in the Vietnamese market. In addition to charity programmes and support for the basic needs of underprivileged children, the company has collaborated to implement long-term educational programmes aimed at comprehensive child development, enabling them to lead fulfilling lives and become valuable citizens for society, thus promoting Vietnam's sustainable future. Supporting nearly 19,000 in treatment costs for … [Read more...] about Shinhan Life promotes sustainable development for future generation of Vietnam

Harvesting dragon fruits for export in Long An Province. Việt Nam hopes to be allowed official export of dragon fruit to China this year. — VNA/VNS Photo China is the largest export market of Vietnamese fruits and vegetables, accounting for nearly 65 per cent of the total fruit and vegetable export value, according to Đặng Phúc Nguyên, general secretary of the Việt Nam Fruit and Vegetable Association. Besides durian, Việt Nam hopes to be granted official export permission for jackfruit and dragon fruit to this market from now to the end of this year. With increasing quality, Vietnamese fruits are popular among Chinese consumers. The fruit exports are forecast to maintain growth, especially with increasing demand during the holiday season. Last year, Việt Nam signed fruit protocols with China, bringing many advantages to Việt Nam's fruit and vegetable export activities. Phùng Đức Tiến, Deputy Minister of Agriculture and Rural Development, said that Việt Nam would continue … [Read more...] about China is the largest export market of Vietnamese fruits and vegetables

Kwon, currently 112th in the world rankings, lost to Thailand's Kasidit Samrej, who is ranked 500 places below him. The match in Hangzhou, China saw Kwon lose 3-6 in the first set before winning 7-5 in the second. He then lost the match by losing the third set 4-6. When the match ended, Kwon smashed his racquet to pieces and refused to shake hands with both Samrej and the referee. A video of the incident garnered over six million views on Chinese social media. Many said the 25-year-old went into a rage because he missed the chance to be exempted from military service. Any male South Korean athlete that wins an Asian Games gold medal is exempted from military service. Tennis player Chung Hyeon and football star Son Heung-min have both won the privilege in recent years. Kwon's defeat has been the biggest surprise of Asian Games men's tennis so far. He was seeded fourth among 16 seeds. Chinese news site Sohu said Kwon’s rage was also provoked by Samrej’s style of play. The … [Read more...] about Korean tennis star’s racket-smashing tantrum goes viral

Phan Van Son, director of General Department under the Commission for Management of State Capital at Enterprises In Vietnam’s quest for economic prosperity, the Commission for Management of State Capital at Enterprises (CMSC) stands out as a sentinel overseeing the ownership in 19 pivotal state-owned enterprises (SOEs), each playing diverse roles across 16 varied sectors. According to Phan Van Son, director of General Department at the CMSC, the journey, while dotted with accomplishments, has many challenges. “The commission acts as a dedicated agency, symbolising state ownership in enterprises, rendering them guardians of state assets,” said Son. According to Son’s presentation at VIR ’s seminar titled 'Looking Back and Moving Forward' on September 26, by 2022, these 19 SOEs have witnessed a surge in their consolidated total capital and assets, touching $48.7 billion and $105.2 billion respectively, reflecting a substantial 63 per cent of total state ownership capital and … [Read more...] about CMSC navigates reforms and challenges at SOEs

Print has been the mainstay, but times change and so must the press. Photo: Le Toan Since taking a role as an economic counsellor at the Indonesian Embassy to Vietnam a few years ago, Ance Maylany Napitupulu has considered the local media a reliable source of information for her work. “I’m quite impressed by what Vietnam Investment Review has been doing in conveying information via in-depth stories on both online and print newspapers, and especially in organising events,” Napitupulu said. Napitupulu attended VIR ’s conference themed “Stronger Investment Partnerships for a Thriving Vietnam” in May, where she had an opportunity to establish relations with experts. This was the second time that Napitupulu had participated in such large-scale events led by VIR , which she said is becoming a professional event organiser besides its well-established expertise in the Vietnamese press. “I hope to have another opportunity to attend VIR events as they will provide me with new … [Read more...] about Evolving demands and trends dictate VIR‘s future

According to the latest report of UOB, after starting off the year at a sluggish pace, with real GDP growth in Q1 decelerating to 3.28 per cent on-year, from 5.92 per cent in the previous quarter, growth momentum in Vietnam remained lethargic, largely due to weak external demand coupled with an underperforming manufacturing sector. As a result, economic growth in Q2 expanded just 4.14 per cent on-year, for a cumulative growth rate of 3.72 per cent on-year in H1, well below the official growth target of 6.5 per cent. In terms of sectoral performance, manufacturing (including construction), which accounts for about 34 per cent share of the economy, managed to gain about 1.1 per cent on-year in Q2 with a positive contribution in H1. Meanwhile, the services sector (43 per cent share) managed to cushion some of the weaknesses from the external sector, rising 6.1 per cent on-year in Q2 following the 6.6 per cent on-year run in Q1. The services sector contributed 2.7 percentage points, … [Read more...] about Soft momentum likely for Q3: UOB

Vinh Long’s pottery village along Co Chien river (Photo: VNA) Vinh Long (VNA) – The southern province of Vinh Long is located between the two big branches of the Mekong River - Tien Giang and Hau Giang. For thousands of years, under the alluvial layer of the two rivers, deposits of rare and precious clay have been formed. They clay is the raw material to make red ceramic products, which Vinh Long is famous for. The pottery village along Co Chien river is known as the kingdom of red ceramics with more than 1,000 mushroom-shaped pottery kilns, some of them are up to 12 metres high. At first glance, the village looks like an ancient city with red castles under the sun. The village has become a popular destination for tourists. Red clay is only found in Vinh Long, mostly in its two districts of Long Ho and Mang Thit. More than a century ago, Vinh Long people began to exploit clay mines on the banks of the Co Chien River to make brick, and from then the largest brick and … [Read more...] about Vinh Long’s pottery village – kingdom of red ceramics

General Director of the Vietnam News Agency (VNA) Vu Viet Trang and President of Cuban news agency Prensa Latina (PL) Luis Enrique Gonzalez Acosta at their talks in Hanoi on September 25 (Photo: VNA) Hanoi (VNA) – General Director of the Vietnam News Agency (VNA) Vu Viet Trang held talks with President of Cuban news agency Prensa Latina (PL) Luis Enrique Gonzalez Acosta in Hanoi on September 25. Welcoming the PL leader and his entourage, Trang briefed the guests on the VNA’s role as a key multimedia news agency in Vietnam as well as its bold steps to accelerate digital transformation. She expressed her delight at the practical and effective cooperation between the two news agencies over the past years, which has accompanied the development history of the Vietnam – Cuba special friendship. She said she wishes that the two sides will maintain their collaboration, while affirming the VNA will work closely with the PL to preserve and develop cooperative ties, which have been … [Read more...] about Vietnam, Cuba news agencies forge cooperation

An ornamental craft village tourist site in Hong Van commune,  Thuong Tin district, Hanoi (Photo: https://hanoimoi.vn/) Hanoi (VNA) – With its great potential for ecological agriculture and tourism, especially in riverbank area s, Hanoi has paid attention to developing riverside agri-tourism models. In Vietnam's tourism development strategy , ecotourism associated with agriculture and rural areas is one of the five key products. Visiting fruit and flower gardens, and agricultural farms, taking time to check in there, enjoying local specialties, and listening to historical stories at relic sites are activities visitors can experience at Hong Van commune, Thuong Tin district. Hong Van commune's ornamental craft village tourist site is one of the two OCOP (One commune, One Product) products of Hanoi. Located along the Hong (Red) River, in recent years, Hong Van commune has become an eco-tourism and agri-tourism attraction in the capital city. According to … [Read more...] about Hanoi moves to tap riverside agri-tourism potential

The Hanoi Autumn Festival will take place from September 29 to October 1. (Photo: VNA) Hanoi (VNA) – The Hanoi Autumn Festival will be held for the first time, aiming to promote the capital city’s destinations and tourism products, and attract travelers to the locality, Nguyen Thi Mai Anh, Deputy Director of the Hanoi Promotion Agency , said at a press conference on September 20. The festival, themed “Come to fall in Love in 2023”, will take place from September 29 to October 1, she said. The Hanoi Culinary Space 2023 entitled "The quintessence of Vietnamese cuisine” will also be held at the Hanoi Children’s Palace from September 29 to October 1. The event is intended to promote the city’s culinary value as a unique tourism product to visitors. VNA … [Read more...] about Hanoi Autumn Festival 2023 promotes unique cultural, tourism values