Vietnam’s gross domestic product (GDP) is hoped to grow 6.46% in the third scenario when the global economy will see positive changes, and Vietnam will take drastic actions in reform and management (Photo: VietnamPlus) Hanoi (VNA) – The Central Institute for Economic Management ( CIEM ) put forwards three scenarios for Vietnam’s economic growth in 2023 at a seminar in Hanoi on July 10 to announce a report on the domestic economy in the first half of this year, and prospects for the second half. Specifically, Vietnam’s gross domestic product (GDP) is expected to grow 5.34% this year under the first scenario. The first scenario assumes the global economic development matches assessments of international organisations and Vietnam, under which the country’s export turnover is projected to drop by 5.64%, and its consumer price index (CPI) will rise 3.43%, with a trade surplus of 9.1 billion USD. Under the second as, given monetary and fiscal easing in Vietnam , the GDP … [Read more...] about CIEM forecasts three economic growth scenarios for Vietnam in 2023
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Vietnam – Japan ties live up to extensive strategic partnership: ambassador
Vietnamese Ambassador to Japan Pham Quang Hieu grants an interview to the Vietnam News Agency. (Photo: VNA) Tokyo (VNA) – The Vietnam - Japan relations are now in their prime and live up to the countries’ extensive strategic partnership, Vietnamese Ambassador to Japan Pham Quang Hieu said on the occasion of the 50th anniversary of the bilateral diplomatic ties (September 21, 1973 - 2023). Talking to the Vietnam News Agency, he said that over the last 50 years, the countries’ friendship and cooperation have been reinforced unceasingly and developed comprehensively in all aspects, becoming a bright spot in the implementation of Vietnam’s foreign policy of independence, self-reliance, and diversification and multilateralisation of international relations. Japan currently ranks first among providers of official development assistance (ODA), second among labour cooperation partners, third among foreign investors and tourism partners, and fourth among trading partners of … [Read more...] about Vietnam – Japan ties live up to extensive strategic partnership: ambassador
Japanese Crown Prince, Crown Princess’s Vietnam visit to reinforce bilateral ties
Permanent Deputy Minister of Foreign Affairs Nguyen Minh Vu (R) welcomes Japan's Crown Prince Akishino and Crown Princess Kiko. (Photo: VNA) Hanoi (VNA) - Japan's Crown Prince Akishino and Crown Princess Kiko arrived in Hanoi on September 20 afternoon, starting their official visit to Vietnam on the occasion of the 50th founding anniversary of Vietnam-Japan diplomatic relations (1973-2023). The visit is hoped to contribute to further deepening the friendship between the Vietnamese and Japanese people as well as the ties between the two countries. Japan is one of the leading important and long-term partners of Vietnam. During Vietnam's 35-year path of Doi Moi (Renewal) and 50-year ties between the two countries, Japan has always supported Vietnam in international integration and socio-economic development. Particularly in recent years, the bilateral Extensive strategic partnership for peace and prosperity in Asia has seen strong and comprehensive progress. Japan … [Read more...] about Japanese Crown Prince, Crown Princess’s Vietnam visit to reinforce bilateral ties
Friendship, mutual trust drive Vietnam-Japan relations: Japanese Foreign Minister
The hi-tech building of the Can Tho University is the most modern of its kind in the Mekong Delta. It is part of the Can Tho University upgrading project, funded through ODA of the Japanese Government. (Photo: VNA) Tokyo (VNA) – Friendship and mutual trust based on people-to-people exchanges nurtured for many years have formed an impetus for the Vietnam - Japan relations , said Japanese Minister for Foreign Affairs Kamikawa Yoko. She made the remark in a recent interview granted to the Vietnam News Agency on the occasion of the 50th anniversary of the two countries’ diplomatic ties (September 21, 1973 - 2023). She said that over the last 50 years, the countries have developed relations in all fields thanks to tireless efforts by predecessors. One of the most important milestones of bilateral ties, which are now in their prime, was the elevation of relations to the “ extensive strategic partnership ” in 2014. Since then, Japan and Vietnam have been building … [Read more...] about Friendship, mutual trust drive Vietnam-Japan relations: Japanese Foreign Minister
ASEAN, Vietnam seek to tackle fake news
Vietnam has implemented regulations to effectively manage misinformation. Fake news and disinformation are global issues impacting not only ASEAN but also countries like Vietnam, necessitating comprehensive solutions. Delegates attend the forum. Photo: Congly.vn This consensus was reached at the ASEAN Forum on Tackling Disinformation, held in Danang City on September 19. The forum is part of a series of international events on information and communication in the ASEAN region hosted by the Ministry of Information and Communications (MIC) until September 23. Le Quang Tu Do, the head of the MIC's Department of Radio, Television, and Electronic Information, mentioned that four major platforms dominate in Vietnam: Zalo with 47 million users, YouTube with 63 million users, Facebook with 66 million users, and TikTok with nearly 50 million users. Among these platforms, Facebook, YouTube, and TikTok are particularly susceptible to the rapid spread of … [Read more...] about ASEAN, Vietnam seek to tackle fake news
US firms see Vietnam’s great potential for semiconductor industry
Many American semiconductor firms have highly valued the huge potential for the semiconductor industry in Vietnam, expressing their hope of opening chip production facilities in the country. The leaders of these companies were speaking during a meeting with Vietnamese Prime Minister Pham Minh Chinh on Wednesday morning (Vietnam time). Prime Minister Chinh and a high-ranking delegation of Vietnam on Tuesday morning (local time) landed in Washington, D.C., the second leg of their business trip to the United States. During the meeting, the prime minister called on U.S. semiconductor enterprises to continue their cooperation with Vietnamese partners and beef up their investment in infrastructure, technology transfer, semiconductor design and production, and human resource training. PM Chinh affirmed that the Vietnamese government and ministries are building a fair and healthy business climate for all enterprises, including those from the U.S.. Vietnamese Prime … [Read more...] about US firms see Vietnam’s great potential for semiconductor industry
MasterChef champion Christine Ha brings Korean flavors to Vietnam’s northern highlands
Ha, winner of the MasterChef show in 2012 and renowned for her journey as a blind chef, delighted audiences on Monday with her culinary skills and participated in a discussion on entrepreneurship opportunities and challenges for women at the Dong Rung Van Ho Cooperative in Buot Village in Chieng Yen Commune, Van Ho District of Son La. During the event, the Vietnamese American chef demonstrated her prowess by preparing grilled meat served with herbs and kimchi, with corn fried rice. These dishes featured Korean-inspired flavors, largely owing to Ha's husband, John Suh, who is of Korean-American descent. The star ingredient, pork belly, was provided by the locals of Buot Village. Ha relies on her sense of taste and smell to discern the flavors of spices, while her husband assists in grilling the meat and stir-frying the rice. Ha not only showcased her culinary expertise but also took the time to teach the local women how to prepare and savor these dishes. She radiated joy as she … [Read more...] about MasterChef champion Christine Ha brings Korean flavors to Vietnam’s northern highlands
Int’l conference discusses Vietnam-Laos-Cambodia cooperation in digital economy
At the international conference on the Vietnam-Laos-Cambodia trade and investment cooperation given the digital economy held in HCM City on September 20.(Photo: VNA) HCM City (VNA) – More than 100 Vietnamese, Lao, and Cambodian experts, managers, and diplomats joined an international conference on the three countries’ trade and investment cooperation given the digital economy, which took place in Ho Chi Minh City on September 20. The event was co-organised by the Vietnam Academy of Social Sciences ( VASS ), Lao Academy of Social and Economic Sciences ( LASES ), and Royal Academy of Cambodia (RAC). Addressing the conference, VASS President Dr Phan Chi Hieu said the promotion of the digital economy is considered one of the key tasks to accelerate the restructuring of an economy, associated with innovation in the growth model and the improvement of growth quality, aiming to help a nation escape the middle-income trap and move towards the goal of becoming a developed … [Read more...] about Int’l conference discusses Vietnam-Laos-Cambodia cooperation in digital economy
Cultural space of Vietnam’s 54 ethnic groups presented on “digital museum”
Photos of more than 60 colourful traditional costumes of various ethnic groups across Vietnam are being displayed on Google Art and Culture platform. (Google screenshot) Hanoi (VNA) - A collection of hundreds of high-quality photos depicting the culture and life of 54 ethnic minority groups across Vietnam is being on display for the first time on the global digital platform , Google Arts & Culture. The exhibition, titled "Precious Heritage Art Gallery Museum" by French photographer Réhahn Croquevielle, includes vibrant photos showcasing over 60 colourful traditional costumes from various ethnic groups such as Dao, Bo Y, O Du, Phu La, La Hu, Pu Peo, Pa Then, and Si La. It also features interesting stories and unique artefacts that the author collected during his journey throughout Vietnam, discovering the beauty of the country and its people. Information on each photo is provided in Vietnamese, English, and French. Images of 54 ethnic groups living in the … [Read more...] about Cultural space of Vietnam’s 54 ethnic groups presented on “digital museum”
Vietnam not subject to Indonesia’s self-defence duties on imported evaporators, rolling papers
Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam has been excluded from countries subject to self-defence duties on evaporators or condensers imported into Indonesia from September 5, as it is on the list of developing countries with insignificant exports to Indonesia, reported the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam . Accordingly, the Indonesia Safeguards Committee (KPPI) has decided to apply the extension of self-defence taxes globally from September 5, 2023 to September 4, 2026. Evaporators or condensers with HS code 8418.99.10, part of the refrigerators, freezers or other refrigeration/freezing equipment, will be subject to a self-defence tax rate of 12.5% in the first year from September 5 – September 4, 2024, and 11% in the second year from September 5, 2024 to September 4, 2025, and 9.5% in the third year from September 5, 2025 to September 4, 2026. The KPPI has also issued a notice to extend the application of … [Read more...] about Vietnam not subject to Indonesia’s self-defence duties on imported evaporators, rolling papers