The Cambodian People’s Party (CPP) convenes its extraordinary congress on January 28-29. (Photo: AKP/VNA) Phnom Penh (VNA) – The Cambodian People’s Party (CPP) convened its extraordinary congress on January 28-29, during which it issued many important decisions and policies regarding the leadership work, as well as orientations for national development in the time ahead. In his opening remarks, CPP Honorary President Samdech Heng Samrin , who is also President of the National Assembly, said 2023 marks an end to the 2018-2023 mandate of the legislature and the government, and it will also be the beginning of a new five-year tenure. There will be a lot of work to do in the future, he said, stressing the need to join hands and make all-out efforts to win the 7th-term parliamentary election slated for July 23, 2023. The congress set out major strategic goals for the next five years which are based on wishes of the people and reflect the real situation, both … [Read more...] about Cambodian People’s Party sets out strategic goals for 2023-28
How many people can the earth support
Support activities for Vietnamese workers in the RoK implemented
Working session between representatives from Vietnam Centre for Overseas Labour and Ansan Counseling Centre for Foreign Workers (Photo: VNA) Seoul (VNA) – A working delegation of the Vietnam Centre for Overseas Labour (Colab) had a meeting on January 29 with representatives from the Counseling Centre for Foreign Workers of the Republic of Korea (RoK)’s Ansan city to promote the implementation of support activities for Vietnamese labourers in the RoK. The Vietnamese centre’s Director Dang Huy Hong, who is head of the delegation, thanked the Ansan centre for supporting foreign workers in general and Vietnamese in particular when living and working in the Korean city. He showed his hope that the centre will continue working closely with Vietnamese units to support Vietnamese workers, especially newcomers, to soon adapt to the life in the East Asian nation. Colab delegation posing for a photo with Vietnamese workers in RoK (Photo: VNA) During the working … [Read more...] about Support activities for Vietnamese workers in the RoK implemented
Should you invest in property or save your money this year?
Phan Cong Chanh, CEO of developer Phu Vinh Group, said the real estate market will pose more risks than opportunities for investors in 2023, adding that would-be investors should save their money instead of spending it. According to Chanh, in the long term the market will benefit from rosy economic growth prospects, better legal frameworks and improved stock markets, especially the corporate bond market, But he said this would be gradual recovery that wouldn’t flourish to its full potential until 2-4 years from now. The Central Institute for Economic Management put forth two economic growth scenarios for this year. Accordingly, GDP growth will either stand at 6.47%, inflation at 4.08%, export growth at 7.21% and trade balance at $5.64 billion, or at 6.83%, 3.69%, 8.43% and $8.15 billion, respectively. With the draft amendments to the Land Law submitted to the National Assembly for potential approval in October, and amendments to other related laws such as the Law on Real Estate … [Read more...] about Should you invest in property or save your money this year?
Exploring unique Thi Cam Rice Cooking Contest in Hanoi
This ancient contest demonstrates gratitude for rice among people in Hanoi. The lively and funky rice cooking contest was organized on the 8th day of the first lunar month [January 29] in Thi Cam Village, Xuan Phuong Ward, Nam Tu Liem District, Hanoi. This yearly competition is aimed to pay tribute to General Phan Tay Nhac, who lived under the regime of the 18th Hung King, 285 BC, the tutelary God of Thi Cam Village. The custom also prays for a prosperous, happy, and peaceful new year. The contest consists of three main parts: lighting the fire, fetching water, and cooking the rice. The event takes place in the village's temple. This year’s contest draws the participation of four teams, corresponding to four neighborhood groups in the ward. Cooking utensils and wood for the rice cooking competition are well prepared by the contestants. The bamboo sticks are stripped, while the straw is bundled to catch fire easily. … [Read more...] about Exploring unique Thi Cam Rice Cooking Contest in Hanoi
Vietnam joins “golden triangle of start-ups” in Southeast Asia: Hong Kong newspaper
The article cited the speech by Vietnamese Minister of Plan and Investment Nguyen Chi Dung at a start-up investment forum in December 2022 as saying that in recent years, more and more FDI flows have come to Vietnam’s start-ups. In the first nine months of 2022, Vietnam's innovative start-ups attracted about 500 million USD. Over the past two years, startups have attracted nearly 2 billion USD in foreign investment, which proved that “Vietnamese start-ups are increasingly attractive to international and regional investors.” In 2021, Vietnamese start-ups raised 1.4 billion USD in investment capital, 56% higher than the level of 894 million USD in 2019. The Vietnam National Innovation Center estimates that the capital attraction capacity of Vietnamese start-ups will maintain an upward trend in 2023. Thirty-nine investment funds have committed an investment of 1.5 billion USD to Vietnam in the period 2023-2025, bringing the total investment for Vietnamese start-ups to 5 billion … [Read more...] about Vietnam joins “golden triangle of start-ups” in Southeast Asia: Hong Kong newspaper
Gasoline prices surge amid higher global rates
Diesel prices increased by VND890 to VND22,520 per liter and mazut oil prices surged by VND570 to VND13,930 per kilogram. Oil prices rose about 2% last Thursday on expectations that global demand will strengthen as top oil importer China reopens its economy and on positive U.S. economic data, according to CNBC . Brent futures rose $1.35, or 1.6%, to settle at $87.47 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 86 cents, or 1.1%, to settle at $81.01. Some gasoline stations in Hanoi and Hai Phong City ran out of stocks last week, causing inconvenience to people, who have to drive around and fill elsewhere. During the seven-day Tet holidays which began January 20, several stations in Ho Chi Minh City and An Giang Province also shut down. According to market management statistics, about a dozen gas stations in Ho Chi Minh City closed during Tet. But the HCMC Directorate of Market Surveillance claimed that only a few out of the over 550 stations in … [Read more...] about Gasoline prices surge amid higher global rates
Cold wave grips northern Vietnam before drizzling rain falls
The ongoing strong cold spell is sweeping across northern Vietnam and is expected to last for a couple of days before drizzling rain hits the region, according to national weather forecasters. Illustrative photo Northerners still feel the chill before drizzling rain hits, starting on February 1. The northern region has endured a number of subsequent cold air waves for the past few days, causing temperatures to drop sharply. The latest strong spell hit northern localities on January 27, plunging the temperature to a low of 7 degrees Celsius in the highlands and 10 in the lowlands. Despite the sunrise, northerners still feel the chill, even in Hanoi where the temperature falls to as low as 10 degrees Celsius in the morning. The cold, dry weather is forecast to last till the end of January before daytime temperatures will rise sharply accompanied by drizzling rain and high humidity. Elsewhere the ongoing cold spell has also impacted the Central … [Read more...] about Cold wave grips northern Vietnam before drizzling rain falls
Five days off for three national holidays announced
People will enjoy five days off during the Hung Kings’ Festival, Reunification Day (30/4) and Labour Day (May 1). The three consecutive holidays will last from April 29 to May 3. The Hung Kings’ Festival and Reunification Day will fall on Saturday and Sunday respectively, so people two days off on May 2-3. The Hung Kings' Festival in Phu Tho Province These holiday schedules are applied to cadres, civil servants, public employees, and workers of administrative and public agencies, as well as political and socio-political organisations. Other agencies and organisations can arrange their own schedules, the Work Safety Department said. Vietnam has 11 public holidays, with the National Day (September 2) break increased from one to two days. … [Read more...] about Five days off for three national holidays announced
Vietnamese communities in Belarus, Bulgaria hold Tet celebrations
Hanoi (VNA) – Vietnamese people in Belarus and Bulgaria have joined their compatriots in the homeland and around the world in celebrating the Year of the Cat with different activities held recently. The Vietnamese Embassy in Belarus has organised a programme attracting over 400 Vietnamese and their Belarusian relatives. This was the first mass Tet gathering of the Vietnamese community in the European country after over two years of the COVID-19 pandemic. In his remarks, Ambassador Nguyen Van Ngu informed participants about the two countries’ socio-economic situations while highlighting their traditional friendship and multifaceted cooperation. He pledged that the embassy will continue working to help the overseas Vietnamese further integrate into the local society, protect their rights and legitimate interests, develop the community, and contribute to the homeland. A similar celebration has also been held by the Vietnamese Embassy in Bulgaria. Ambassador Do Hoang … [Read more...] about Vietnamese communities in Belarus, Bulgaria hold Tet celebrations
Ministry of Public Security hosts New Year concert 2023
The concert gathers about 100 artists (Photo: VNA) Hanoi (VNA) – A grand concert to welcome the Year of the Cat was held at Hanoi Opera House on January 29 with the performance of the Vietnam National Symphony Orchestra (VNSO) and the People’s Public Security Theatre. The New year concert 2023 was sponsored by the Ministry of Public Security as a present to officers, soldiers and their relatives on the occasion of the new lunar new year. The audience at the event (Photo: VNA) Following the success of the first one in 2022, the concert has been made an annual event on the 8th day of the first lunar year. The event this year gathered about 100 artists. It introduced a number of famous songs of Vietnam re-composed for the symphony orchestra such as “Mua xuan dau tien” (The first spring) and “Nguoi Ha Noi” (The Hanoian); and other western and eastern classical pieces about Spring./. VNA … [Read more...] about Ministry of Public Security hosts New Year concert 2023