Remaining attentive during periods of prolonged inactivity

President Vo Van Thuong greets the revolution contributors from Vinh Long province in Hanoi on May 30. (Photo: VNA) Hanoi (VNA) – President Vo Van Thuong had a meeting with a delegation of 70 revolution contributors from the Mekong Delta province of Vinh Long in Hanoi on May 30. The Vinh Long delegates include war invalids, those used to be imprisoned by enemies or affected by Agent Orange/dioxin, martyrs’ relatives, and families of revolution contributors. Appreciating the Party, State, and society’s attention and assistance to revolution contributors nationwide, including those in Vinh Long, they said they have always stayed united and made efforts to improve their life, contribute to local and national development, and join hands with authorities in repatriating martyrs’ remains and building, upgrading monuments to martyrs. They pledged to uphold revolutionary traditions, set good examples, and educate younger generations on the traditions so that Vinh Long will … [Read more...] about State leader hails dedications by Vinh Long revolution contributors

Speakers at a meeting in HCM City on Monday to discuss ways for the city to attract remittances and investment. — Photo danviet.vn HCM City will improve its business climate and create favourable conditions to attract remittances and investment, said a city official. Speaking at a meeting on Monday, Nguyen Duc Lenh, deputy director of the State Bank of Viet Nam (SBV) HCM City branch, said the city planned to enhance monetary and foreign exchange policies and remittance services. Options for remittances include money transfers, cheques, bank transfers, prepaid cards and several other ways of sending money without a bank account. "Besides foreign investment (FDI), remittances are a major source that helps ensure the foreign currency supply and stabilise the national foreign exchange reserves," he said. Financial and banking expert Nguyen Tri Hieu said Viet Nam should ensure stable macroeconomic policies to increase the confidence of overseas Vietnamese to send back money for … [Read more...] about HCM City seeks to attract remittances, investment

According to a recent report by the Bank of Korea (BOK), Vietnam is swiftly becoming a significant market for South Korean semiconductor makers, who have been grappling with lacklustre demand in China. As the rivalry between the United States and China intensifies, the BOK has emphasised the importance of diversifying export markets for industry giants like Samsung Electronics and SK Hynix. The BOK underlines Vietnam's emergence as a new source of demand for South Korean semiconductors, highlighting its growing status as an international hub for IT device production and potentially positioning it as a substitute for China in the future. Major smartphone manufacturers have established production bases in Vietnam, where South Korean semiconductors play a crucial role as intermediary goods in the production of finished products, the report notes. Vietnam's abundant low-wage workforce and its proximity to the Chinese market are attracting global businesses, including South Korean … [Read more...] about Vietnam’s market becomes ray of hope for South Korean semiconductor manufacturers