At 78 investor prepares for biggest bear market in my life

Printer production at Canon Vietnam (Photo: hanoimoi.com.vn) Hanoi (VNA) – Amid the slowing down of the global investment flows, experts held that improving both quality and number of foreign investment projects is a heavy task for Vietnam, requiring great efforts from the Vietnamese Government to fulfil the “dual targets”. According to the Foreign Investment Agency under the Ministry of Planning and Investment (MPI), as of May 20, Vietnam had drawn 10.86 billion USD of foreign direct investment (FDI), down 7.3% year on year, including 5.26 billion USD of newly-registered capital, up 27.8%. Do Nhat Hoang, Director of the agency said that the increase in the amount of newly-registered capital in five months was higher than the 11% recorded in the first four months of this year. Meanwhile, the number of new projects in the five-month period also surged 66.4% year on year to 962 projects, showing foreign investors’ strong confidence in the investment environment of Vietnam … [Read more...] about Improving FDI quality, quantity crucial for Vietnam: Insiders

The Huong (Perfume) Pagoda Festival is one of the biggest celebrations in the Lunar New Year. Preparations have been wrapped up for the Huong (Perfume) Pagoda Festival, one of the biggest celebrations in the Lunar New Year. Everything is ready to welcome thousands of Buddhist pilgrims. The opening ceremony of the Huong Pagoda is held on the sixth day of the Lunar New Year, which falls on January 30. The pagoda is a vast complex of Buddhist temples and shrines built in the limestone Huong Tich mountains in Huong Son commune, My Duc district, Hanoi. The Huong Pagoda festival attracts thousands of visitors and Buddhist followers. This year, the religious site is expected to welcome 40,000 – 50,000 people coming to pray and show reverence to Buddha. According to the organizing board, during five days of Tet, the number of visitors to the Huong pagoda increasingly amounted to 15,000, of them, 3.7 thousand … [Read more...] about Perfume Pagoda gets ready for a festival kick-off

In the first five months of the year, Viet Nam exported about $136.17 billion worth of goods, a year-on-year drop of 11.6 per cent, while imports totalled $126.37 billion, down 17.9 per cent year on year. — VNA/VNS Photo Viet Nam’s import-export value in the first five months of this year was estimated at US$262.54 billion, down 14.7 per cent year-on-year, with a trade surplus of $9.8 billion, the General Statistics Office (GSO) announced on Monday. In the period, Viet Nam exported about $136.17 billion worth of goods, a year-on-year drop of 11.6 per cent, while imports totalled $126.37 billion, down 17.9 per cent year on year. As many as 23 export items joined the more than one-billion-US dollar club, making up 87.4 per cent of the total export turnover. Regarding the structure of exports, processed commodities earned $120.24 billion (88.3 per cent); agro-forestry products, $10.79 billion; aquatic products, $3.37 billion; and fuel and minerals, about $1.77 billion. As for … [Read more...] about Viet Nam posts trade surplus of US$9.8 billion in five months

As annual tourism activity held by the local authorities, the event aims to promote and introduce unique, attractive and outstanding values of  tourism resources of Ninh Binh, especially UNESCO-recognized World Cultural and Natural Heritage - Trang An Scenic Landscape Complex. Via the annual event, Ninh Binh continues affirming its brand and position as a safe and friendly destination, as voted by many renowned newspapers, magazines and travel websites worldwide as one of the top 10 ideal destinations for a wonderful family vacation in 2023. The event offers a chance for visitors to admire a 9,500sq.m painting using rice as material on vast fields of Tam Coc stretching along the winding Ngo Dong river. The painting symbolizes abundance and the bountiful water element that supports the sustainable development of green tourism in the ancient capital of Hoa Lu, a land of cultural heritage for thousands of years. Rice fields in Tam Coc have been voted as one of the most beautiful in … [Read more...] about Tourism week “The Golden Color of Tam Coc – Trang An” opens in Ninh Binh

The 2023 Ninh Binh tourism week attracts crowds of tourists (Photo: VNA) Ninh Binh (VNA) - The 2023 Ninh Binh tourism week themed “The Golden Colour of Tam Coc - Trang An ” kicked off in Hoa Lu district of the northern province of Ninh Binh on may 27. As annual tourism activity held by the local authorities, the event aims to promote and introduce unique, attractive and outstanding values of tourism resources of Ninh Binh, especially UNESCO-recognised World Cultural and Natural Heritage - Trang An Scenic Landscape Complex. Via the annual event, Ninh Binh continues affirming its brand and position as a safe and friendly destination, as voted by many renowned newspapers, magazines and travel websites worldwide as one of the top 10 ideal destinations for a wonderful family vacation in 2023. The event offers a chance for visitors to admire a 9,500 sq.m painting using rice as material on vast fields of Tam Coc stretching along the winding Ngo Dong river. (Photo: … [Read more...] about Tourism week “The Golden Colour of Tam Coc – Trang An” opens in Ninh Binh

The Vietnam Fatherland Front ’s 9th National Congress. (Photo: VNA) Hanoi (VNA) - Permanent member of the Party Central Committee's Secretariat Truong Thi Mai has signed a document on directing the organisation of Vietnam Fatherland Front (VFF)’s 10th National Congress in the 2024 – 2019 tenure, and the congresses of the VFF’s chambers at all levels. The document said in recent times, the VFF has continued to assert its position and role in protecting the legitimate rights and interests of the people. It focuses on promoting people's rights and mobilising their participation in patriotic movement s, engaging in social supervision and criticism, combating corruption and negative phenomena, and participating in building a clean and strong Party and political system. These efforts have contributed to strengthening the people's trust in the Party and harnessing the power of the great national solidarity bloc in the cause of national construction and defence. The upcoming … [Read more...] about Party Secretariat issues directive on organising Front ’s congresses