Largest ever uk tv audience

Vietnamese Minister of Foreign Affairs Bui Thanh Son (R) and British Ambassador to Vietnam Iain Frew . (Photo: VNA) Hanoi (VNA) – Vietnamese Minister of Foreign Affairs Bui Thanh Son hosted a reception in Hanoi on March 20 for British Ambassador to Vietnam Iain Frew, during which he hailed the latter for actively promoting bilateral activities over the past years. Son said the signing and enforcement of the UK-Vietnam Free Trade Agreement has made the UK the third largest trade partner in Europe and the ninth largest export market of Vietnam and the most important European investor in the country despite impacts from the COVID-19 pandemic. He asked Frew to continue facilitating the exchange of all-level delegations, effectively implement bilateral cooperation mechanisms and work closely with Vietnamese partners to hold activities celebrating the 50th founding anniversary of Vietnam-UK diplomatic ties this year. The host suggested both sides maintain effective … [Read more...] about Vietnamese FM suggests expanding cooperation in areas of UK’s strength

The 35th Ho Chi Minh Television Cycling Tournament, or the HTV Cup, will kick off in early April, featuring 25 stages and covering 2,964 kilometers, according to a press briefing to introduce the cycle race on Monday. This year’s edition, titled 'Land, Rivers, and Mountains Create a Strip – Hope for Victory' is one of Vietnam’s largest cycling tourneys. The race is set to bring together the country’s strongest teams, including Ho Chi Minh-Vinama, Loc Troi Group, Dong Thap Domesco Pharmaceuticals, Military Zone 7, Hanoi, Kenda Dong Nai, and Binh Minh Binh Duong Plastics. The race will start at Hoan Kiem Lake in Hanoi on April 2, stretch to the Mekong Delta province of An Giang, and finish in Ho Chi Minh City on April 30. Among these stages, the fourth is set to span 197.4 kilometers from Vinh City in the north-central province of Nghe An to Dong Hoi City in the north-central province of Quang Binh, making it the longest stage of the tourney. The stages across Gia Lai and Dak … [Read more...] about 2023 Ho Chi Minh City TV cycling race will span 3,000km

Domestic and foreign exports have proposed solutions to develop a circular economy in Vietnam, including ideas to turn the country’s plastic waste into economic resources. About 0.73 million metric tons of plastic waste was discharged into the ocean of Vietnam in 2022, the World Bank data showed. The current problem that Vietnam needs to solve when it comes to developing the circular economy is how to turn that huge amount of plastic waste into economic resources. The Embassies of Denmark, Finland, Norway, and Sweden, in collaboration with the Ho Chi Minh National Academy of Politics, organized the Nordic Day 2023 with the theme ‘Green Nordic Solutions for Circular Economy and Waste Management’ on Wednesday and Thursday. This is the fifth time the event has been held since 2018. During this year’s event, domestic and foreign experts shared their experience and proposed solutions to build a circular economy in Vietnam. The idea of using plastic waste as an input material … [Read more...] about Experts propose turning Vietnam’s plastic waste into economic resources

A year since Vietnam reopened after a global pandemic, the country has seen trade recovering strongly. The decision, according to economists and policymakers, was a necessity to unshackle trade and industries after a prolonged period of time in which hundreds of factories were forced to close down or reduce production capacity in compliance with strong social distancing rules. The reopening, which was made possible with a nationwide vaccination program, has allowed the supply chain to come back, giving a much-needed boost to industries and trade as well as to the country's export sector. Than Duc Viet, General Director of May 10, one of the country's largest textile companies, said strong social distancing measures during the pandemic significantly disrupted the company's operation and threatened its ability to maintain production at times. He said the worst part of it was not knowing when his factory's doors could be closed. "Our approach during the pandemic was to move as … [Read more...] about Trade recovers strongly since reopening

People shopping at a supermarket in Ha Noi. — VNS Photo Mai Huong Viet Nam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here. According to the Ministry of Industry and Trade, the Vietnamese retail market is worth US$142 billion and is expected to increase nearly 2.5 times to $350 billion by 2025. In January, total retail sales of consumer goods and services decreased by 6 per cent on-month to more than VND481.8 trillion (US$20.4 billion) due to weaker demand as many commodities were purchased ahead of the Lunar New Year. People spent more on festival activities post Tet, said the General Statistics Office. However, it still rose 13 per cent year-on-year. For the first two months of the year, the country’s total retail sales of consumer goods and services advanced 13 per cent over the same period of 2022 to over VND994.1 … [Read more...] about Viet Nam’s retail market proves attractive for foreign investors

People shop at a supermarket in Hanoi. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here. According to the Ministry of Industry and Trade, the Vietnamese retail market is worth 142 billion USD and is expected to increase nearly 2.5 times to 350 billion USD by 2025. In January, total retail sales of consumer goods and services decreased by 6% on-month to more than 481.8 trillion VND (20.4 billion USD) due to weaker demand as many commodities were purchased ahead of the Lunar New Year. People spent more on festival activities post Tet, said the General Statistics Office. However, it still rose 13% year-on-year. For the first two months of the year, the country’s total retail sales of consumer goods and services advanced 13% over the same period of 2022 to over 994.1 trillion VND. … [Read more...] about Vietnam’s retail market proves attractive for foreign investors

Visas, service quality, and technology were all part of discussions on a better-performing tourism sector Photo: Cuong Minh May’s National Assembly session is likely to help push ahead a revamp of the country’s rules on entry and exit for foreign visitors, after the Ministry of Public Security crafts amendments to the current law. The development will be an important basis for the issuance of new regulations related to the visa policy, removing difficulties for the tourism industry, and creating conditions to attract more international visitors this year, according to most observers. Dang Tuan Viet, deputy director of the Ministry of Public Secrutity’s (MoPS) Vietnam Immigration Department, said that the proposal emphasised two major areas related to unilateral visa exemption and electronic visa policy. The MoPS also proposes to expand the number of countries that can issue e-visas from 80 countries to the maximum. The MoPS will also ask to increase the temporary stay … [Read more...] about Visa upgrade at heart of fresh approach to tourism

Asian markets rose Friday, tracking New York and European equities, as traders welcomed multi-billion-dollar shows of support for troubled banks aimed at soothing concerns about contagion in the sector. A rollercoaster week was on course to end on a positive note after several Wall Street titans including JP Morgan, Bank of America and Citigroup stumped up $30 billion to deposit into troubled First Republic. The move came as investors feared the lender could suffer a run of withdrawals by customers worried it would follow Silicon Valley bank and Signature Bank, which went under last week and fuelled fears of another financial crisis. "The actions of America's largest banks reflect their confidence in the country's banking system," the group of 11 banks said of a plan that was coordinated by US regulators. Earlier, European giant Credit Suisse said it would borrow nearly $54 billion made available by the Swiss central bank to "support" the group. Markets welcomed the measures, … [Read more...] about Asian markets extend global rally as banking sector fears ease

Tran Tuan Kiet of Dong Thap celebrates his win in the seventh stage of the HTV Cup 2022. (Photo: nld.com.vn) Hanoi (VNS/VNA) - The nation's largest cycling tournament, the HCM City Television (HTV) Cup, will begin on April 2, and finish at the city's Independence Palace on Reunification Day on April 30. In its 35th edition, 11 teams and 98 cyclists will race 25 stages through 31 cities and provinces from north to south. "Cyclists will tour through almost 3,000km with only four rest days and a team time trial day," said Ngo Quang Vinh, general secretary of the HCM City Cycling and Motor Sports Federation . "I think that to get high results, competitors must be focused and work hard. Meanwhile, team managers must carefully build plans for their team because it is a tough race with a tight schedule." The first stage will be 25 laps equaling 42.5km around Hoan Kiem Lake in Hanoi. Cyclists will then pass Ha Nam and Ninh Binh to reach Thanh Hoa province. They will bike … [Read more...] about Cycling tournament to cover 3,000km across 31 cities and provinces

How did a bank ranking on the list of American Best Banks for five straight years collapse in your viewpoint? Professor Andreas Stoffers, country director of the Friedrich Naumann Foundation in Vietnam Just before March 10, Silicon Valley Bank (SVB) was the 16th largest in the US. It had taken four decades to build and its parent company SVB Financial Group. However, it took only 36 hours to completely dismantle. SVB was forced to sell assets at a loss to pay for withdrawals from venture capital funds and tech startups. However, this led to massive withdrawals, while SVB was facing many difficulties, which left it unable to pay its debts, leading to bankruptcy on March 10. Dark memories of the 2008 financial crisis returned and this crisis did reach other banks in the US as well. Many questions remain unanswered, such as why bonuses were still being paid to management shortly before the bank collapsed and why the CEO was still gold-plating his shares in January … [Read more...] about The potential ramifications of US banking collapse