Fy 2023 international affairs budget

Vice President of the Vietnam Fatherland Front's Central Committee Truong Thi Ngoc Anh (R) and Chairman of the the Lao National Assembly's Ethnic Affairs CommitteeKhamchanh Sotapaserth at their meeting in Hanoi on September 21 (Photo: mattran.org.vn) Hanoi (VNA) – A visiting delegation from the Lao National Assembly (NA)’s Ethnic Affairs Committee headed by its Chairman Khamchanh Sotapaserth had a working session with the Vietnam Fatherland Front (VFF) Central Committee in Hanoi on September 21. Commending the VFF’s outstanding achievements in recent times, Sotapaserth highlighted the body’s vital role in uniting and mobilising people to pursue socio-economic development goals and sustainable poverty reduction. In response, Vice President of the VFF Central Committee Truong Thi Ngoc Anh affirmed that the visit holds significant importance, contributing to further strengthening the great friendship, special solidarity, and comprehensive cooperation between the … [Read more...] about VFF Central Committee, Lao NA’s Ethnic Affairs Committee promote cooperation

Lower-than-expected growth in advanced economies and China could reduce external demand for Vietnamese exports. Vietnam's economic growth for 2023 is set to hit 4.7%, primarily influenced by weak domestic and external demand . Production of aircraft components at MHI Aerospace Vietnam. Photo: Pham Hung/The Hanoi Times The World Bank released the forecast in its latest East Asia and Pacific October 2023 Economic Update. However, there's optimism for a recovery in the following years, with growth expected to reach 5.5% in 2024 and 6.0% in 2025. The main driver of this growth will be domestic demand, although at a slower pace than in previous years. In terms of inflation, the Consumer Price Index (CPI) is projected to average 3.5% this year, largely due to scheduled increases in civil servant salaries. In the following years, assuming stable energy and commodity prices, inflation is expected to decline to 3.0% in both 2024 and 2025. On the fiscal side, … [Read more...] about Vietnam’s GDP growth forecast to expand by 4.7% in 2023: WB

The 1 million tonne Thi Vai LNG terminal is the first and largest LNG terminal in Vietnam. (Photo: VNA) Hanoi (VNA) – In the first nine months of this year, the State budget contribution and the pre-tax profit of the Vietnam Oil and Gas Group ( Petrovietnam ) exceeded the targets it set for the whole year. The group’s state budget contribution and the pre-tax profit were estimated at 102.4 trillion VND ( 4.2 billion USD) and 42.5 trillion VND, exceeding the yearly targets by 31% and 22%, respectively. Illustrative photo (Photo: VNA) The group’s nine-month gas output reached 5.76 billion cubic metre, 11% higher than the planned volume for the period and accounting for 72.1% of the figure planned for the whole year. It produced 17.55 billion kWh, exceeding 1.2% of the plan, up 45.6% over the same period in 2022, and 1.3 billion tonnes of nitrogen, exceeding 5.2% of the plan but down 4.8% year on year. Petrovietnam’s nine-month revenue reached 643.2 trillion VND, … [Read more...] about Petrovietnam exceeds yearly targets for State budget contribution, pre-tax profit

International volunteers from Habitat for Humanity have joined the “Vietnam Big Build 2016” project to build houses for 20 poor families in Tam Nong district, northern Phu Tho province. The project drew the participation of more than 200 volunteers from Singapore, Hong Kong, Japan, Australia, United States, New Zealand and Vietnam. International volunteers build houses for the poor in Phu Tho (Photo: habitatvietnam.org) On the occasion, Habitat for Humanity also supports 45 million VND (2,000 USD) for families of the project. Habitat for Humanity is a non-government organisation which has operated in Vietnam for 15 years. The organisation supported more than 13,600 low-income households nationwide. In Phu Tho, the organisation carried out some projects to build and repair houses, construct clean water and environmental sanitation works, and provided community-based training course for families from difficult backgrounds in Yen Lap and Cam Khe districts. … [Read more...] about International volunteers build houses for the poor in Phu Tho

Hanoi received 18.9 million tourists in the first nine months of this year. The number of international visitors to Hanoi in the first nine months of 2023 has exceeded the annual target, the Hanoi Department of Tourism reported. International visitors at Hoan Kiem Lake - the heart of the capital city. Photos: Hoai Nam/ The Hanoi Times Among the arrivals, international tourists are estimated at 3.2 million, a fourfold increase compared to the same period in 2022, while the number of domestic tourists hit around 15.7 million, a 20.2% year-on-year increase. The total tourism revenue reached about VND69.3 trillion (US$2.85 billion), an increase of 66.9% year-on-year. The average occupancy rate of accommodation across all categories was 61%, up 27% year-on-year. In January-September, Hanoi was consistently rated highly by international tourism organizations and ranked among the most attractive destinations in the world. The city was once again recognized as … [Read more...] about Hanoi exceeds international visitor target in 2023

Le Hoang Phuong represents Vietnam at Miss Grand International 2023 . (Photo: Sen Vang) Hanoi (VNS/VNA) - The search is on to find Miss Grand International 2023, which begins in Vietnam on October 3. Contestants face a busy schedule travelling from north to south through many localities across the country including Hanoi, Ha Long, Hue, Da Nang, Hoi An, and HCM City. Activities in the first phase of the competition such as interviews and Vietnam Beauty Fashion will take place in provinces and cities in the North and Central regions. Competition rounds such as national costume, semi-finals and finals will take place in HCM City. Contestants from other countries can learn about tourism, culture and the people of Vietnam through a series of tours of famous landmarks nationwide. The final night of the Miss Grand International 2023 contest will be held on October 25 at Phu Tho Gymnasium in HCM City. Brazil's Isabella Menin, the reigning Miss Grand International, will … [Read more...] about Miss Grand International 2023 to take place in Vietnam

More than 400 domestic and international participants gathered at Vietnam's largest construction exhibition, which opened to create a connection amid the economic recovery. The second edition of the Vietbuild Hanoi International Exhibition 2023, which runs on September 20-24, has seen the participation of numerous new products and advanced technologies in real estate, construction, building materials, and interior and exterior design. More than 1,000 pavilions of over 400 domestic and foreign companies from Australia, China, France, the UK, Germany, India, Italy, and Japan display their products and technologies at Vietnam's largest construction exhibition. Delegates cut the red ribbon to open the exhibition. Photo: moc.gov.vn Speaking at the opening ceremony, Deputy Minister of Construction Nguyen Van Sinh said that the event, themed "Construction - Building Materials - Real Estate & Interior and Exterior Decoration", aims to support enterprises in … [Read more...] about Vietbuild Hanoi International Exhibition 2023 expected to revive real estate

Photographer Viet Van is the winner of another photography award in America, the latest addition to his collection of 80 international photography awards. Hanoi-based photographer Tran Viet Van of Lao Dong (Labor) newspaper was among the honorable mentions at the 20th International Photography Awards (IPA) 2023 in the US. Van's entry, which consists of nine color photos with the theme Nhip dap thoi gian (The Rhythm of Time), was recognized in the Press Photo category. His photos depict the daily life and activities of Cuban people in Old Havana, Trinidad, during his visit to the Latin American country in November 2022. Photographer Viet Van's winning photo. Some of the images in this series have previously won an Honorable Mention in the Press Photo category at the World Master of Photography Awards in Austria and a Third Prize at the Pink Lady Food Photographer of the Year in the UK - the world's leading award recognizing the art and diversity of … [Read more...] about Hanoi photographer honored at International Photography Awards 2023

Hoi An - an attractive destination to foreign tourists (Photo: VNA) HCM City (VNA) - By the end of 2024, international tourism in Vietnam can recover and reach 80% of the pre-pandemic level in an optimistic scenario, heard a workshop on Vietnam tourism 2023 in Ho Chi Minh City on September 21. The event, themed “Lessons Learned from Target and Recovery”, was jointly by The Outbox Company - a market intelligence company based in Vietnam , specialising in travel, hospitality, destination and tourism, and the Saigontourist Group. Nguyen Anh Thu, Chief Research Officer of The Outbox Company , said that the world tourism reached 80% of the pre-COVID-19 level in the first quarter of 2023 thanks to positive results in Europe and the Middle East. In Vietnam, the tourism industry has tapped the domestic market as "leverage" to stimulate demand, as the international tourist market has recovered quite slowly. Thu suggested the sector have changes in tourism recovery and … [Read more...] about Vietnam’s international tourism to bounce back in late 2024

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