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Vietnamese Prime Minister Pham Minh Chinh in a recently-signed dispatch ordered the adoption of urgent measures to alleviate goods congestion and facilitate the export of agro-products along the border with China. The dispatch was issued at a time when border gates in the northern border province of Lang Son have seen an upsurge in the number of container trucks carrying farm produce for export, resulting in a prolonged customs clearance process and limited clearance capacity. Several fruits, meanwhile, are now ready to harvest in the country. This could pose a higher risk of congestion at the border gates as more container trucks transporting fruits for export to China will head to these areas. Therefore, PM Chinh urged the authorities in northern border provinces and relevant agencies to review regulations on the import and export of farm produce between Vietnam and China. They were told to work with the Chinese side to streamline the customs clearance process, extend … [Read more...] about Vietnamese PM orders emergency measures to ease farm produce congestion border with China

"With the approaching summer holidays and potential easing of visa restrictions, which are under considerations by the National Assembly, Vietnam will likely see a punchier boost from international tourism, a much-needed support for its sharply slowing economy," HSBC said in a report. Vietnam has received 4.6 million international tourists so far this year, around 60% of this year’s target of 8 million. In May alone, it received over 916,000 foreign tourist arrivals. Despite falling slightly from April’s figure, Vietnam has seen its inbound tourism recovery reach around 70% of pre-pandemic levels. Tourists from China, the biggest feeder market of Vietnam’s tourism before the pandemic, have recovered to 35% of pre-pandemic levels. Legislators will vote on new bill on June 24 that seeks to extend the validity of e-visas from 30 days to a maximum of three months and allow multiple entries, and triple to 45 days the duration of visa-free stays for tourists from certain … [Read more...] about Vietnam tourism forecast to see robust growth as visa restrictions relaxed: HSBC

Illustrative photo (Photo: businessinsider.com) Hanoi (VNA) – Four out of the five international undersea cables that were damaged last year and early this year have been repaired, the Department of Telecommunications under the Ministry of Information and Communications announced on June 1. Up to now, only the Asia Pacific Gateway (APG) internet cable that connects Vietnam with the rest of Asia is still experiencing errors. The APG, with 10,400 km of cable under the Pacific Ocean, is the cable with the largest bandwidth connecting to Vietnam. It provides a maximum bandwidth of 54 terabytes per second and opened in 2016. In late December 2022 and mid-January this year, the cable had an problem with its connection to Hong Kong and another cable 151 km offshore. The two errors affected the entire line. The errors on APG route are expected to be fixed in June. With the completed repair and restoration of normal operation by four undersea cable routes - IA , SMW3, AAE-1 … [Read more...] about Internet speeds up as four of five undersea cables repaired

Minister of Health Dao Hong Lan (Photo: VNA) Hanoi (VNS/VNA) - Minister of Health Dao Hong Lan has said that Prime Minister Pham Minh Chinh would chair a meeting of the National Steering Committee for COVID-19 Prevention and Control this weekend to deliberate the downgrading of COVID-19 from its current placement in Class A infectious diseases down to Class B. Lan told the National Assembly that on May 29 that the World Health Organisation (WHO) announced that COVID-19 no longer constituted a Public Health Emergency of International Concern, the designation that was attached to the viral disease more than three years ago, but the pandemic is not over yet. In accordance with the guidance of the Government leader, the Ministry of Health was also coordinating with other ministries and agencies to review the legal regulations, consult the experience of other countries, and review practical measures for the prevention and control of COVID-19 in Vietnam, Lan noted. The Ministry … [Read more...] about Vietnam to consider downgrading COVID-19 to flu-like status

The Southeast Asian country holds tremendous potential to be a global trading hub. Vietnam is likely to earn US$618 billion in exports by 2030, with an annual growth rate of 7%, according to Standard Chartered. "Vietnam will be a key driver of this global trade growth, outpacing the global average of 5% by a significant two percentage points," said the research report titled "Future of Trade: New opportunities in high-growth corridors". Vietnam will be a key driver of this global trade growth. Photo: dinhvuport.com.vn The UK-based bank projects that global trade will reach $32.6 trillion with a growth rate of 5% by 2030. Trade corridors anchored in Asia, Africa, and the Middle East will outpace the global trade growth rate by up to four percentage points, driving combined trade volume to $14.4 trillion to account for 44% of international trade by 2030. Mainland China, South Korea, and the US are expected to be Vietnam’s key trade partners in the … [Read more...] about Vietnam’s exports to hit $618 billion by 2030

FPT IS teamed up with SAP to introduce the brand-new ERP cloud solution at a seminar last week centred around growing a business with cloud-based solutions. The seminar attracted more than 100 senior leaders from enterprises in various fields such as manufacturing, trade and services, retail, technology, finance and banking, among others, indicating great interest from the market towards the solution. The seminar "Business growth with SAP S/4HANA Public Cloud" was jointly organised by FPT IS and SAP Speaking at the event, Phan Thanh Son, chief business development officer, FPT IS , noted that the uncertainty and constant fluctuations in the market require firms to equip a solid and flexible management system that can adapt to increasingly rapid and diverse systematic changes. In Son's words, “SAP's new ERP cloud solution delivers an open approach for enterprises of all sizes and from different industries to quickly adopt management processes compliant with … [Read more...] about FPT IS and SAP introduce new ERP cloud solution

Quang Binh Province, famous for cave tours, is offering a new travel experience that allows tourists to slide down a 600-metre-long line amidst a hidden valley inside Phong Nha-Ke Bang National Park. Quang Binh, home to UNESCO heritage site Phong Nha-Ke Bang National Park, is famous for its pristine caves and beautiful tourism sites. Along with famous places such as Thien Duong Cave, Chay River - Dark Cave, Nuoc Mooc Stream, Ngoc Bich Valley in Phong Nha-Ke Bang has become an emerging tourist destination. Ngoc Bich is located in Chay Lap Village, Phuc Trach commune, Bo Trach District. Covering 12 hectares, the valley is surrounded by high mountains, green jungle with Chay River flowing through, creating a beautiful natural landscape in the heart of Quang Binh. The most ideal time to visit Ngoc Bich Valley is in the summer. Due to its location right next to Dark Cave, the valley has a section of the Chay River flowing … [Read more...] about New Quang Binh adventure tour