Proximity does not play a role in physical attraction

Processing and manufacturing are among the industries that attracted the most projects of foreign investment in Việt Nam. — Photo congthuong.vn HÀ NỘI — Việt Nam reached more than US$14 billion in foreign direct investment (FDI) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI). MPI’s data showed that as of June 20, 2022, the total newly registered capital, adjusted and contributed capital to buy shares, buy contributed capital of foreign investors reached $14.03 billion, as much as 91.1 per cent over the same period in 2021. Of which, 752 new projects were granted investment registration certificates, down 6.5 per cent compared to the same period, with a total registered capital of over $4.94 billion, down 48.2 per cent over the same period. In addition, there were 487 projects registering to adjust their investment capital, up 5.9 per cent over the same period, with the total additional registered capital reaching nearly $6.82 … [Read more...] about Việt Nam attracts more than $14 billion of FDI in H1

Processing and manufacturing are among the industries that attracted the most projects of foreign investment in Viet Nam. — Photo congthuong.vn Viet Nam reached more than US$14 billion in foreign direct investment (FDI) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI). MPI’s data showed that as of June 20, 2022, the total newly registered capital, adjusted and contributed capital to buy shares, buy contributed capital of foreign investors reached $14.03 billion, as much as 91.1 per cent over the same period in 2021. Of which, 752 new projects were granted investment registration certificates, down 6.5 per cent compared to the same period, with a total registered capital of over $4.94 billion, down 48.2 per cent over the same period. In addition, there were 487 projects registering to adjust their investment capital, up 5.9 per cent over the same period, with the total additional registered capital reaching nearly $6.82 billion, up 65.6 … [Read more...] about Viet Nam attracts more than $14 billion of FDI in H1

Illustrative image (Photo: VNA) Hanoi (VNS/VNA) - Vietnam reached more than 14 billion USD in foreign direct investment ( FDI ) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI). The ministry’s data showed that as of June 20, 2022, the total newly registered capital, adjusted and contributed capital to buy shares, buy contributed capital of foreign investors reached 14.03 billion USD, as much as 91.1% over the same period in 2021. Of which, 752 new projects were granted investment registration certificates, down 6.5% compared to the same period, with a total registered capital of over 4.94 billion USD, down 48.2% over the same period. In addition, there were 487 projects registering to adjust their investment capital, up 5.9% over the same period, with the total additional registered capital reaching nearly 6.82 billion USD, up 65.6% compared to the same period last year. There were also 1,707 capital contributions and share … [Read more...] about Vietnam attracts more than 14 billion USD of FDI in H1

NA Chairman Vuong Dinh Hue (L) and his Hungarian counterpart László Kövér at the press meeting on June 27. (Photo: VNA) Budapest (VNA) – Vietnamese National Assembly (NA) Chairman Vuong Dinh Hue's official visit to Hungary has attracted attention from the media in Eastern Europe. In Hungary, Magyar Nemzet (Hungarian Nation) newspaper ran an article saying the two countries’ traditional friendship has recorded great strides, especially since the visit to Vietnam by Prime Minister Orban Viktor and a trip to the European nation by General Secretary of the Communist Party of Vietnam Nguyen Phu Trong. Hue's visit from June 25-28 would create a stepping stone for the two countries’ comprehensive partnership to enter a new chapter in the time ahead, particularly after Vietnam and the European Union (EU) completed the ratification of the EU-Vietnam Investment Protection Agreement (EVIPA) and a free trade agreement (EVFTA), according to Magyar Nemzet. In its writing, Magyar … [Read more...] about NA leader’s Hungary visit grabs headlines on Eastern European media

Farmers in the Mekong Delta are under pressure due to climate change. (Photo: SGGP) Speaking at the conference, Mr. Le Thanh Tung, Deputy Director of the Department of Crop Production, said that mega-deltas in Asia, including the Mekong Delta, play an important role in providing food for millions of people in the region. However, the food systems in these deltas are being severely impacted by climate change, including floods, salinity intrusion, water shortages, and increasingly severe climate conditions. It negatively impacts economic growth, food security, and nutrition, besides challenges from urbanization and migration, and creates new poverty traps and hotspots of hunger. Dr. Ole Sander, Representative of the International Rice Research Institute (IRRI) in Vietnam, emphasized the role of Asian mega deltas as food baskets for countries in the region. The main goal of the Asian mega-deltas initiative is to build these deltas capable of sustaining socio-ecological integrity, … [Read more...] about Mega-deltas creating food baskets severely impacted by climate change

Do Hung Viet, Assistant to the Vietnamese Minister of Foreign Affairs, made the remarks while attending the annual debate on women’s rights at the HRC’s 50th regular session in Geneva on June 27. In his speech, Viet highlighted the important role of women, stressing the need to ensuring their rights and development opportunities through specific and effective support policies. He also shared Vietnam’s experience and efforts in this regard, noting Vietnam is one of the countries with the longest maternity leaves in the world. Emphasising the country’s priority for gender equality promotion and women empowerment, he added Vietnam is ready to cooperate with other countries in these common efforts. At the debate, participants underlined the necessity to build comprehensive and effective policies for ensuring gender equality and rights of women, who are in charge of a huge domestic workload but unpaid or underpaid, which has subsequently affected women’s full participation in … [Read more...] about Vietnam keeps prioritizing gender equality promotion: officials

Vietnam's National Assembly Chairman Vuong Dinh Hue visited Albertirsa City on Sunday, where he had talks with Deputy Speaker of the Hungarian parliament István Jakab, concentrating on agricultural cooperation, as part of his ongoing visit to Hungary. Hue arrived in Budapest late on Saturday afternoon (local time) for an official visit from June 26 to 28, at the invitation of Hungarian National Assembly Speaker László Kövér, Nhan Dan (People) newspaper reported. In his meeting with Deputy Speaker Jakab, Hue thanked him for spending time accompanying the Vietnamese delegation’s visit to Albertirsa and a processing factory of Mirelite Mirsa Co. Ltd., an outstanding local enterprise in clean and green agriculture. The host and guest affirmed that the two sides should focus on promoting cooperation in agriculture, especially when Hungary has strengths in such fields as cultivation, processing, marketing, and distribution. They agreed that there remains ample room for the two … [Read more...] about Vietnam’s top legislator meets Hungarian parliament deputy speaker, focusing on agriculture cooperation

Entrepreneurs remain inspirations for Vietnamese youth According to the report, over 23 million (25 per cent) of the population are youth aged 16 to 30. Of them, 43 per cent want to become entrepreneurs, followed by working in the media and communications (37 per cent), education (22 per cent), technology (20 per cent), NGO and government (17 per cent), and financial sectors (11 per cent). Only a small proportion of the respondents seek careers in transportation (8 per cent) and energy (5 per cent). It is worth noting that while there is an increasing demand for digital skills in the country, these were the least cited among the skills that need development. Instead, around half of the young people surveyed would like to further gain self-leadership (53 per cent) and interpersonal skills (48 per cent). This is followed by reskilling in cognitive and advanced digital skills (37 per cent) and basic digital skills (28 per cent). Vietnam is also undergoing a shift from a … [Read more...] about Entrepreneurs remain inspirations for Vietnamese youth