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The ministry discussed three potential GDP outcomes for 2023. The lowest prospect mentioned would see GDP growth at 5% for the entire year. In this case, GDP in the last quarter would have to reach 7%, according to ministry analysts. The middle of the road scenario would see GDP round out the year at 5.5%, in which case final quarter GDP growth would need to reach 8.8%. The most optimistic scenario would be GDP growth ending the year at 6%, but in order for that to happen, GDP growth in the fourth quarter must reach 10.6%. This would be a challenge, according to the ministry, as GDP growth in the third quarter reached only 5.33%. Ministry analysts have said that economic growth in the final quarter would depend on how quickly industrial production recovers, especially in manufacturing and processing. Another factor is demand from Vietnam’s major export markets, as well as tourism and spending within the country at the end of the year and for the upcoming Lunar New Year holiday. … [Read more...] about GDP growth 6% max this year, ministry predicts

Vietnam now has nearly 55,000ha of dragon fruit farming and harvests about 1.3 million tons each year. The favorable soil and climate conditions have enabled the country to produce dragon fruit on a large scale all year round. As a result, it used to be the world’s leader in terms of the farming area, output, and export value, said Nguyen Quoc Manh, head of the fruit tree division of the Crop Production Department at the Ministry of Agriculture and Rural Development. However, after conquering several markets for a certain period of time, the fruit from Vietnam is facing a number of challenges, he noted, pointing out the foreign markets’ increasingly stringent standards for quality, food safety, and look of fresh dragon fruits, the emergence of many pests and diseases caused by climate change impacts, soaring fertilizer prices, the unsustainable connectivity between businesses and farmers, the limited number of companies involved in value chains to meet requirements of major and … [Read more...] about Vietnam seeks to secure sustainable development for dragon fruit sector

Tourists visit a longan orchard in Hung Yen. (Photo: VNA) Hung Yen (VNA) - Through the ups and downs of time, the Red River Delta province of Hung Yen still keeps intact many old communal and ancient houses as well as the customs and traditions deeply rooted in Vietnamese culture. These have turned into the province's trump card in tourism development . Deputy Director of the provincial Department of Agriculture and Rural Development Le Trung Can said rural tourism can offer visitors a blend of familiar and unique, novel experiences, such as trying out the life of a farmer, creating handcrafted goods, and visiting traditional craft villages. In Hung Yen , rural tourism primarily involves visiting craft villages and exploring historical and cultural relics, festivals, and more. Recently, some areas in the province have introduced models that combine farms with tourism, enabling visitors to go sightseeing and purchase farm produce. Notable examples include flower … [Read more...] about Hung Yen sees potential in rural tourism

Organized by the Vietnam Writers' Association (VWA), the event brought together around 300 writers and poets, most of whom are over 70 years old. Many of them have been awarded the Ho Chi Minh Prize, the State Prize for literature and arts, annual awards of the association and other prestigious awards. The President affirmed that the Party and State always attach importance to the role and position of arts and culture in general and literature in particular in the national liberation cause, construction and defense. He stressed that artists and writers always play a central and decisive role in creating noble spiritual values for society, adding that generations of Vietnamese writers, especially veteran writers, have created many timeless works. President Vo Van Thuong expressed his joy to meet the veteran writers, and at the same time paid tribute to deceased writers, especially those who sacrificed their lives in the great resistance wars for independence, freedom and national … [Read more...] about President praises veteran writers’ contribution to national development