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For 2023, the sector targets GDP growth of 3 per cent and agro-forestry-fishery exports $54 billion. — VNA/VNS Photo Agriculture is an important pillar in building Viet Nam's independent and self-reliant economy associated with extensive and effective international integration, according to Prime Minister Pham Minh Chinh. The Government leader made the remarks while addressing the agricultural sector's conference on reviewing tasks in 2022 and setting goals for 2023, held by the Ministry of Agriculture and Rural Development (MARD) in Ha Noi on January 13. The PM said that in 2022, the agriculture and rural development sector has changed its mindset from "agricultural production" to developing an "agricultural economy". This is an important factor to contribute to growth and the comprehensive and sustainable development of agriculture. Production has been linked to the market with increased added value. The agricultural sector has nearly 9,000 products recognised as … [Read more...] about Agriculture an important pillar of the economy: PM

The Government leader made the remark while addressing a hybrid conference of the Ministry of Agriculture and Rural Development on January 13. Minister Le Minh Hoan reported that the sector has shown strong determination, made great efforts, carried out flexible and creative solutions, and reformed its mindset to overcome difficulties and challenges to achieve targets. In 2022, the sector’s total value grew by 3.36%, the highest in many years. In particular, agriculture expanded by 2.88%, fisheries 4.43%, and forestry 6.13%. The forest coverage stood at over 42% while the rate of new-style rural areas more than 73%. Agro-forestry-fishery exports reached 53.22 billion USD, up 9.3% from a year earlier. That resulted in a trade surplus of over 8.5 billion USD, accounting for more than 75% of Vietnam’s total trade surplus. For 2023, the sector targets a GDP growth rate of 3%, agro-forestry-fishery exports 54 billion USD, the rate of new-style rural areas 78%, and forest coverage … [Read more...] about Agriculture establishes itself as important pillar of economy: Prime Minister

PM Pham Minh Chinh visits an display of agricultural and handicraft products on the sidelines of the conference on January 13. (Photo: VNA) Hanoi (VNA) – Agriculture has affirmed its role as an important pillar of the economy, helping build an independent and self-reliant economy with active, intensive, and effective integration into the world and bring a prosperous and happy life to people, according to Prime Minister Pham Minh Chinh. The Government leader made the remark while addressing a hybrid conference of the Ministry of Agriculture and Rural Development on January 13. Minister Le Minh Hoan reported that the sector has shown strong determination, made great efforts, carried out flexible and creative solutions, and reformed its mindset to overcome difficulties and challenges to achieve targets. In 2022, the sector’s total value grew 3.36%, the highest in many years. In particular, agriculture expanded 2.88%, fisheries 4.43%, and forestry 6.13%. The forest coverage … [Read more...] about Agriculture establishes itself as important pillar of economy: PM

NashTech has announced the grand opening of its new office in central Da Nang City on January 13, 2023 after more than a year since the launch of the hybrid office, as a part of its continued expansion plans. NashTech Da Nang was first launched in mid-2021 under a coworking space model. Now, as customer demand continues to rise, the business sees the promise for greater opportunities and more exciting customer projects being delivered from the centre in Da Nang. The board of directors at the grand opening of the Da Nang office. The brand new physical office looks to attract a broader pool of talent, establish a solid presence across the surrounding central region of Vietnam, complement the capabilities of the company and strengthen its position as a trusted technology partner to customers across the globe. Sharing his thoughts about the advantages that Da Nang brings to the business, Cuong Nguyen, Managing Director of NashTech Vietnam, said “Da Nang is the … [Read more...] about NashTech paves the way for growth and success with new office in Da Nang

Viet Nam is considered an extremely promising market for the retail banking industry thanks to the characteristics of population growth, GDP per capita and fast economic development. Grasping that trend, many banks have been promoting retail lending activities to diversify credit portfolios and optimise profits. — Photo courtesy of VIB With the privilege of up to 50 per cent cashback on the Lazada Vietnam e-commerce platform and technologies first deployed by VIB, the LazCard credit card is expected to bring a great shopping experience to users during the year-end shopping season. Innovative and pioneering card trend in VN Viet Nam is an extremely promising market for the retail banking industry thanks to the characteristics of population growth, GDP per capita and fast economic development. Grasping that trend, many banks have been promoting retail lending activities to diversify credit portfolios and optimise profits. VIB is one of the banks which has seen its outstanding … [Read more...] about VIB’s new card gives big push to online shopping

A view of Hanoi. On Hanoi's serviced apartment market, occupancy of 81% rose by 12 percentage points year on year. (Photo baoxaydung) Hanoi (VNS/VNA) – Hanoi ’s real estate market in the fourth quarter of 2022 saw a better performance in the serviced apartment segment than in apartments sales, according to the Savills’ report on the Hanoi property market released on January 10. On the serviced apartment market, occupancy of 81% rose by four percentage points quarter on quarter and 12 percentage points year on year. That has nearly reached the pre-COVID (or the quarter of 2019) figure at 82%. Rent of 575,000 VND per sq.m per month increased by 1% quarter on quarter and 6% year on year. Grade A charged the most at 735,000 VND per sq.m per month. According to the report, Hanoi had no new supply of serviced apartments in the fourth quarter of 2022, while the stock of 5,935 units from 63 projects was stable quarter on quarter but increased by 4% year on year. In 2022, … [Read more...] about Hanoi sees strong recovery in serviced apartment market in Q4/2022

Containers at Sai Gon New Port, a major port of Viet Nam. — VNA/VNS Photo Hong Dat New-generation free trade agreements (FTAs) continue to be a silver lining in Viet Nam's trade growth targeting US$1 trillion in import-export revenue by 2025. The country's trade surpassed the milestone of $700 billion in value to hit $73.5 billion in 2022, a rise of 9.5 per cent against the same period of the previous year, according to the updates of the General Statistics Office. Of the figure, exports rose by 10.6 per cent, while imports by 8.4 per cent. With a trade surplus of nearly $11 billion this year, Viet Nam registered a trade surplus for seven years in a row which contributed significantly to the balance of payments, improving foreign exchange reserves, stabilising exchange rates and other macroeconomic indicators, Deputy Minister of Industry and Trade Tran Quoc Khanh said. Thirty-nine products joined the club of over a billion US dollars in export revenue, nine of which had … [Read more...] about FTAs a silver lining for economic growth

Dang Bui Hoang Phuc, Director of Sai Gon Beer Nam Trung Bo Commerce Joint Stock Company offered Tet gifts to border gate officers and fishermen in the southern province of Phu Yen. Photo courtesy of the firm The "Together We Make Tet" campaign has delivered 1,000 gifts (valued at VND700,000 or US$30 each) to border gate officers, soldiers and fishermen in the southern province of Phu Yen. During five days from January 9, Sai Gon Beer Nam Trung Bo Commerce Joint Stock Company in collaboration with Phu Yen Provincial Youth Union sent the Tet gifts to border guards and fishermen in five districts and towns including Tuy Hoa, Dong Hoa, Tuy An, Song Cau and Song Hinh. Each gift includes VND300,000 of 'lucky money' and other Tet necessities, contributing to a warmer Tet for the border guards and fishermen. In addition to meaningful gifts, the programme also implements cultural exchange activities and folk games to warm up the local atmosphere, creating conditions for local people to … [Read more...] about SABECO’s “Together We Make Tet” campaign delivers gifts in Phu Yen

At least 67 people were confirmed dead Sunday after a plane with 72 on board crashed in Nepal, police said, in the Himalayan country's worst aviation disaster in three decades. Rescuers inspect the wreckage at the site of a plane crash in Pokhara on January 15, 2023. Six children were among those on board the ATR 72 twin-engine turboprop aircraft when it plummeted into a steep gorge, smashed into pieces and burst into flames in the central city of Pokhara, officials said. As light faded late Sunday and soldiers used ropes and stretchers to extract bodies from the 300-metre-deep (1,000-foot) ravine, there was no word on the fate of the five people still unaccounted for. "We are actively working to retrieve and identify the bodies as soon as possible and hand (them) over to their families," police official AK Chhetri told AFP at the crash site, which was still smouldering and strewn with aircraft debris, including the mangled remains of wings and passenger seats. … [Read more...] about At least 67 killed in Nepal plane crash

Many children are benefitting from the "See Kinh Do, Give Tet” programme which is organised by Mondelez Kinh Do Vietnam. Mondelez Kinh Do kicks off a community programme named "See Kinh Do, Give Tet," aiming to bring a meaningful and warm Tet (Lunar New Year) atmosphere to unprivileged children across the country. Under the programme, the company has designed various activities to support more than 1,000 disadvantaged children in shelters across the country. Accordingly, the children have experienced joyful moments with colourful Tet decorations, lion dance performances, and fun games to welcome the Tet festival. As part of the programme, the company has given out thousands of gift packs, including toys, stationary and warm clothes to the children for the new year and confectionery products from the company’s famous brands, enabling them to have a happy Tet. It is known that Mondelez Kinh Do has deducted 10 per cent of the revenue generated from the sales on the special day … [Read more...] about Mondelez Kinh Do supports disadvantaged people during Tet