A foreign-invested footwear material factory in Thuan An city, Binh Duong province (Photo: VNA) Hanoi (VNA) – Many foreign press agencies have run articles featuring Vietnam’s economic growth, pointing to rosy signs in its recovery. French wire service AFP cited statistics by the General Statistics Office (GSO) showing the economy grew 5.33% in the July-September period from a year earlier, and that loan interest rate reductions, an extension of tax payments and increased public investment had a positive impact. Nikkei Asia also said the growth was accelerated thanks to tourism, noting “the services sector helped boost economic output during the three months through September, driven mainly by retail and tourism. The sector is estimated to account for about 40% of Vietnam's GDP.” “Travelers returned to popular destinations like the central city of Da Nang, with the number of foreign visitors entering the country from July to August reaching 2.25 million, already … [Read more...] about Foreign media upbeat about Vietnam’s economy
Foreign domestic worker levy payment
Over 56,800 Vietnamese labourers sent abroad in 7 months
Vietnam sent over 56,800 labourers to work abroad in the first seven months of 2022 (Photo: VietnamPlus) Hanoi (VNA) – Vietnam sent over 56,800 workers, including 21,238 females, abroad to work under labour contracts over the first seven months of 2022, equivalent to 63.2 percent of the target set for the year. According to data from the Ministry of Labour, Invalids and Social Affairs (MoLISA), Japan, Taiwan (China) and the Republic of Korea (RoK) remained the largest recipients of Vietnamese labourers during the reviewed period. With the number of workers going to work abroad continuing to remain stable, Vietnam’s plan to send 90,000 labourers to work abroad this year is completely feasible, the ministry said. Due to the impact of COVID-19, last year, Vietnam completed only 50 percent of its yearly target in labour export with 45,058 workers sent abroad. Thanks to wide-scale vaccination against COVID-19 and the changes in pandemic control strategies towards … [Read more...] about Over 56,800 Vietnamese labourers sent abroad in 7 months
Hanoi promotes trade and investment potential to investors
The event was held by Hanoi Centre for Investment, Trade, and Tourism Promotion (HPA) in collaboration with the Hanoi Young Business Association. As many as 100 businesses showcased their products, services, and outstanding technologies during the event, seeking business and investment opportunities with both domestic and foreign companies. Le Tu Luc, deputy head of the HPA, said that the event was organised to introduce Hanoi's investment, trade and tourism promotion achievements, strengthening cooperation between international investors and businesses in Hanoi and the surrounding area. "The HPA's organisation of this event not only helps businesses in Hanoi and the neighbouring provinces introduce their products, but also enables domestic and international businesses to connect and cooperate," he emphasised. Over the past eight months, the city has attracted $2.34 billion worth of foreign investment, accounting for nearly 12.9 per cent of the country's … [Read more...] about Hanoi promotes trade and investment potential to investors
Half of coronavirus cases in Vietnam recover
To be considered healthy, Covid-19 patients need to test negative for the virus three consecutive times and go through quarantine for two weeks. As of April 7 evening, Vietnam has confirmed 249 people infected with SARS-CoV-2 and nearly half of them have fully recovered and been discharged from hospital, according to the Ministry of Health. Medical workers in the font lines of the fight against coronavirus. Photo: Tuoi Tre As many as 122 Covid-19 patients have been cured and released from hospital at the time of writing, accounting for 49% of the total infected cases. In addition, 32 other patients have tested negative for the virus once and two others twice. Under medical rules, people are considered convalescents if their coronavirus tests turn negative three consecutive times. After that, they need to go through two-week quarantine since the virus can remain dormant for days after Covid-19 symptoms disappear. Out of coronavirus-infected people, 156 … [Read more...] about Half of coronavirus cases in Vietnam recover
Agro-forestry-fisheries sector posts 22.5% rise in trade surplus
During the period, the total export-import turnover of agro-forestry-aquatic products hit 6.9 billion USD, down 7.5% year-on-year. Of which, nearly 38.5 billion USD was from exports . In September alone, the export revenue of agro-forestry-aquatic products reached 4.8 billion USD, down 2.7% monthly and up 22% annually. China, the US and Japan remained the top three export markets of Vietnam ese farming products. The ministry said, it will continue developing both domestic and export markets, while dealing with market-related issues to create favorable conditions for the export of agro-aquatic products to China, the US, the European Union and the Eurasian Economic Union. It will also help exporters make full use of free trade agreements as well as help firms secure new export contracts, protect trademarks and provide geographical indication for Vietnam's potential export products in foreign markets./. VNA … [Read more...] about Agro-forestry-fisheries sector posts 22.5% rise in trade surplus
Winners of Golden Globe Science and Technology Award 2023 announced
The winners were selected from 69 nominees from 38 organizations, universities, research institutes, domestic and foreign businesses, Vietnamese embassies, and youth unions and Vietnamese student associations abroad. The annual award is presented in five areas of information technology, digital transformation and automation; medical – pharmaceutical technology; biological technology; environmental technology; and new material technology. Dr. Trinh Van Chien, a lecturer from the Hanoi University of Science and Technology’s School of Information and Communications Technology, Dr. Pham Huy Hieu, a lecturer from VinUniversity’s College of Engineering and Computer Science; and Dr. Nguyen Trong Nghia, a lecturer from the University of Adelaide, South Australia, won the award in information technology, digital transformation and automation. There are three winners in the medical – pharmaceutical technology area, namely Dr. Ngo Quoc Duy, a doctor from the National Cancer Hospital; Dr. Ha … [Read more...] about Winners of Golden Globe Science and Technology Award 2023 announced