The ministry discussed three potential GDP outcomes for 2023. The lowest prospect mentioned would see GDP growth at 5% for the entire year. In this case, GDP in the last quarter would have to reach 7%, according to ministry analysts. The middle of the road scenario would see GDP round out the year at 5.5%, in which case final quarter GDP growth would need to reach 8.8%. The most optimistic scenario would be GDP growth ending the year at 6%, but in order for that to happen, GDP growth in the fourth quarter must reach 10.6%. This would be a challenge, according to the ministry, as GDP growth in the third quarter reached only 5.33%. Ministry analysts have said that economic growth in the final quarter would depend on how quickly industrial production recovers, especially in manufacturing and processing. Another factor is demand from Vietnam’s major export markets, as well as tourism and spending within the country at the end of the year and for the upcoming Lunar New Year holiday. … [Read more...] about GDP growth 6% max this year, ministry predicts
Actifio expands partnership with ibm for cyber resilience solutions
Program to bolster Vietnam – RoK ties
The “Thai Binh Homecoming Day” program, organized by the provincial People’s Committee, also aims to boost cooperation between businesses from both sides, while creating favorable conditions for the Korean investors to study the Vietnamese market, and expand collaboration with their Vietnamese partners across the fields of economy, culture and society. It will be held at Thai Binh Square, Hoang Dieu ward, Thai Binh city, with a series of events, including an opening ceremony, an international agricultural fair of the northern delta, an art exchange program between universities, colleges and localities of the RoK and Thai Binh, a conference to promote trade, investment and tourism between Thai Binh and the East Asian country, a field trip to industrial parks and tourism sites in Thai Binh, and the music festival entitled "Homecoming". Speaking at the meeting to announce the steering board and organizing sub-committees on September 27, Chairman of the provincial People’s Committee … [Read more...] about Program to bolster Vietnam – RoK ties
Deputy PM hosts new RoK ambassador
Noting that the RoK is one of the biggest foreign investors in Vietnam, Deputy PM Quang affirmed that the Vietnamese Government will continue with drastic efforts to improve the business and investment environment for foreign investors, including those from the RoK, to do business successfully in the country. He proposed that the two countries maintain regular visits and contact at all levels so as to continuously strengthen relations between their leaders, creating the foundation for promoting cooperation across all fields. The deputy PM also welcomed the establishment of a joint working group on climate change, saying that he believes the two sides, with resolve and efforts, will realize targets set in the Vietnam - RoK Framework Agreement for Cooperation on Climate Change. For his part, Ambassador Choi Youngsam affirmed that the RoK will coordinate closely with Vietnam to realize the agreements reached during the official visit to Vietnam in June this year by RoK President … [Read more...] about Deputy PM hosts new RoK ambassador
Vietnam seeks to secure sustainable development for dragon fruit sector
Vietnam now has nearly 55,000ha of dragon fruit farming and harvests about 1.3 million tons each year. The favorable soil and climate conditions have enabled the country to produce dragon fruit on a large scale all year round. As a result, it used to be the world’s leader in terms of the farming area, output, and export value, said Nguyen Quoc Manh, head of the fruit tree division of the Crop Production Department at the Ministry of Agriculture and Rural Development. However, after conquering several markets for a certain period of time, the fruit from Vietnam is facing a number of challenges, he noted, pointing out the foreign markets’ increasingly stringent standards for quality, food safety, and look of fresh dragon fruits, the emergence of many pests and diseases caused by climate change impacts, soaring fertilizer prices, the unsustainable connectivity between businesses and farmers, the limited number of companies involved in value chains to meet requirements of major and … [Read more...] about Vietnam seeks to secure sustainable development for dragon fruit sector
Vietnam promotes right to immunisation
A boy gets vaccinated (Photo: VNA) Geneva (VNA) – Vietnam’s permanent delegation in Geneva on September 20 organised an international seminar on promoting the right to immunisation, and delivered a joint statement co-sponsored by many countries on this topic within the framework of the 54th session of the United Nations Human Rights Council (UNHRC). Vietnam, Brazil and the Global Alliance for Vaccines and Immunisation (GAVI) jointly organised the seminar with the participation of representatives from the World Health Organisation (WHO). Ambassador Le Thi Tuyet Mai, Vietnam’s Permanent Representative to the UN, the World Trade Organisation (WTO) and other international organisations in Geneva, highlighted Vietnam 's policies and achievements in ensuring the right to vaccination, making an important contribution to promoting people's health and socio-economic development. In addition to the efforts of the government and people, Ambassador Le Thi Tuyet Mai affirmed the … [Read more...] about Vietnam promotes right to immunisation
Denmark in Your Eyes 2023 painting competition on green future launched
Under the theme “Green Future,” this painting competition is part of the celebration of the 10th year anniversary of signing the Comprehensive Partnership Agreement between Vietnam and Denmark, a major milestone, which elevated our bilateral relationship from traditional development cooperation to a full-fledged partnership encompassing political dialogue, green growth, energy, trade and investment and culture. The competition is open to all Vietnamese students, from both primary and secondary schools. The deadline for submission is November 30th 2023. Winners will be announced and awarded at a ceremony at the end of the school year 2023 – 2024 in Hanoi. At the launching ceremony, Ambassador of Denmark in Vietnam Nicolai Prytz said that he both honored and excited to attend the launching of the Denmark in Your Eyes painting competition, which has added a lot of values to the strengthening of our two countries’ long term cooperation on promoting green and sustainable development. He … [Read more...] about Denmark in Your Eyes 2023 painting competition on green future launched
Vietnam-Russia friendship association elects leadership for new tenure
The Vietnam – Russia Friendship Association holds the fourth national congress on September 30. (Photo: VNA) Hanoi (VNA) – The Vietnam – Russia Friendship Association held the fourth national congress on September 30 to outline operation directions and elect its leadership in the 2023-2028 tenure. The association has thousands of members in 32 provinces and centrally-run cities and 15 chapters nationwide. Addressing the event, Deputy Prime Minister Tran Hong Ha, who chairs the Vietnamese section in the Vietnam-Russia Inter-governmental Committee, stressed that Vietnam considers developing the relations with Russia one of the top priorities in its external policy. Activities of the Vietnam – Russia Friendship Association have contributed to the implementation of this policy, he said. The deputy PM asked the association to both strengthen ties with existing partners and seek new partners in Russia to expand the friend networks. The association should also work … [Read more...] about Vietnam-Russia friendship association elects leadership for new tenure