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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

Illustrative photo (Source: VNA) Hanoi (VNA) – Vietnam posted 27.88 billion USD worth of agro-forestry-fishery exports in the first half of this year, an annual increase of 13.9%. According to the Ministry of Agriculture and Rural Development, of the total value, the groups of key farm produce and forestry products contributed 11.37 billion USD and 9.1 billion USD, both growing by 8.8% and 3% year-on-year, respectively. Fishery products shipped overseas during the six months, meanwhile, reeled in 5.8 billion USD, up 40.8% annually. There were nine type of goods recorded an export revenue exceeding 1 billon USD in the period, namely coffee, rubber, cashew, vegetable-fruit, rice, Tra fish, shrimp, woodwork products, and inputs for production. The ministry said the US and China were the biggest importers of Vietnamese agro-forestry-fishery goods for spending more than 7.61 billion USD and 4.97 billion USD, increasing 7.9% and 5.9% from the same period last year, … [Read more...] about Agro-forestry-fishery exports rake in 27.88 billion USD in 6 months

Mekong Delta farmers (Photo: sggp.org.vn) Can Tho (VNA) – The “Securing the Food Systems of Asian Mega-Deltas for Climate and Livelihood Resilience ” Initiative (AMD) was launched at a conference in the Mekong Delta city of Can Tho on June 28. Home to 177 million people, of whom 36% are poor, the densely populated Asian mega-deltas are biodiverse, fertile and productive food baskets dominated by rice, fisheries and aquaculture that support millions of people beyond the delta dwellers themselves. However, tens of millions of small-scale producers living in Asian mega-deltas face risks to food and nutrition security and livelihoods from impacts of climate change. The deltas are also severely affected by more frequent and more intense floods, sea-level rise and salinisation of freshwater and soil. Therefore, this initiative aims to create resilient, inclusive and productive deltas - which maintain socio-ecological integrity, adapt to climatic and other stressors, and … [Read more...] about Initiative to protect food systems in Asian mega delta launched in Can Tho

The project, with a budget of US$36 million from 2021-2025, has four parts of building business management capacity and strategies for small and growing businesses (SGB); improving productivity and trading performance via promoting innovation and implementation of technologies; refining business environment to create favorable conditions for enterprises and overall economic growth; strengthening business-to-business and interdisciplinary linkages. The project aims at providing technical and financial assistance to 5,000 SGBs in order to improve their business performance; supporting 240 SGBs to successfully enter regional and international markets; offering overall or specific support packages to 60 pioneer businesses to create products with added value and Vietnamese intelligence – ‘Made by Vietnam’ product brand. By Minh Hai – Translated by Thanh Tam … [Read more...] about USAID supports Vietnamese businesses to reduce greenhouse gas emission

Tourists at the Hoa Lo Prison (Photo: danviet.vn) Hanoi (VNA) – About 8.61 million tourists, including some 211,300 foreigners, visited Hanoi between January and June, nearly tripling the figure in the same period last year. The city's total tourism revenue in the first half of 2022 amounted to approximately 25.2 trillion VND (1.08 billion USD), more than three times higher than the figure in the first six months of 2021. Local hotels rated 1-5 stars recorded an average occupation rate of over 30% during the period, up 6.11% year-on-year. The capital city, home to 24 recognised tourist destinations, is offering a series of enticing products to attract tourists given its reopening of the local tourism industry. These include night tours at Hoa Lo Prison and Thang Long ancient citadel; a northern mountainous wet market programme at Vietnam National Village for Ethnic Culture and Tourism in Son Tay township; and Hanoi City Tour by double-decker buses. In addition, … [Read more...] about Hanoi greets over 8.61 million visitors in first half

A labourer looks for employment information at a job fair. (Photo: VNA) Hanoi (VNA) - The Government's flexible response to the COVID-19 pandemic and vaccine strategy has created a strong impetus for domestic enterprises to accelerate production recovery, boosting recruitment for enterprises after the Tet (Lunar New Year) holiday and averting the risk of labour shortages. High demand No serious labour shortage labour shortage is unlikely to occur. Business es are expected to have recruitment needs of about 700,000 people in 2022, according to a survey by the Ministry of Labour, Invalids and Social Affairs (MOLISA) in key provinces and cities. Illustrative image. (Photo: VietnamPlus) Vu Quang Thanh, deputy director of the Hanoi Centre of Employment Services, said there is no immediate shortage of labour in the capital city of Hanoi in the coming time. The pandemic is being controlled well, despite the increase in the number of new infections. recovery … [Read more...] about No serious labour shortage reported after Tet: experts

UNDP Resident Representative in Việt Nam Caitlin Wiesen. — VNA/VNS Photo Minh Đức UNDP Resident Representative in Việt Nam Caitlin Wiesen suggests measures to realise the new integrated development plan of Mekong Delta 2021-2030 while talking to Việt Nam News on the launch of the plan on Tuesday. How do you assess the missions and orientations of the master plan of the Mekong Delta region in the 2021-30 period with a vision towards 2050. Remarkably, the plan sets the target that agricultural production will be transformed to adapt to changes in natural conditions in accordance with three ecological sub-regions? I would like to congratulate the Government on this first regional master plan for the Mekong Delta. This is the first multi-sector, inter-disciplinary, and inter-provincial master plan, which is the right direction for planning and sets a good example for other regions to follow. The plan employs nature-based solutions and a people-centred approach for … [Read more...] about Master plan expected to create breakthrough development for Mekong Delta

In the first six months of 2022, Vietnam Airlines has resumed flights to 14 countries and territories, including the UK, France, Germany, Australia, the US, Japan, Korea, Thailand, Malaysia, Singapore, Laos, Cambodia, Taiwan, and Hong Kong. Lately, the airline has opened a new route to India and is preparing the necessary conditions to immediately reopen flights to China, Myanmar, and Russia when the conditions permit. The national carrier is expected to resume flights to Indonesia in July and key international routes to Japan, Korea, and Australia in November at the same flight frequency as in 2019. It hopes that it will be able to restore the entire international flight network, equivalent to that in 2019 by the end of 2023. The gradual restoration of international flight routes is an opportunity for Vietnam Airlines to improve the usage efficiency of resources, increase revenue, improve production and business results, reduce losses, and aim at profits in the following years. … [Read more...] about Vietnam Airlines plans to restore its entire flight network by the end of 2023

Cửa Việt Sea Port in the central province of Quảng Trị. — VNA/VNS Photo Nguyên Lý HÀ NỘI — Appropriate policies and regulations are needed to help fully exploit the untapped potential in developing the maritime economy, which plays an essential role in the socio-economic development of Việt Nam, according to insiders. One of the challenges of ocean management is how best to promote sustainable development goals within the maritime economy. According to Dr Tạ Đình Thi, Vice Chairman of the National Assembly's Committee on Science, Technology and Environment and former Director of the Việt Nam Administration of Seas and Islands (VASI), Việt Nam's marine economic development is still unsustainable and not well linked with social development and environmental protection. Serious pollution and environmental incidents have been reported in some waters and coastal areas, while plastic waste pollution has become an urgent problem, he said, adding … [Read more...] about Better policies needed to develop ocean economy

Nguyen Bang Lang, in charge of sustainable development at AEON Vietnam The convenience and low cost of plastic packaging are omnipresent in the retail and service industries. What is your opinion on the use of these products? As a Vietnamese person, I’ve witnessed these challenges every day. I have three points on the use of single-use plastics in Vietnam. The first relates to the cheap cost of the material. The cost of plastic including in a product or transaction is barely noticeable, so both seller and consumer should have no difficulty in making decisions to use or not use them. The next point is that the techniques as well as facilities in Vietnam are not yet ready to support businesses in changing to more sustainable alternatives. The final point is that the after-use process has not been developed yet. In detail, we have no standardised system to classify, recycle, or treat the material. So, we don't have anything to support resolving plastic usage. When it comes … [Read more...] about AEON determined to fortify green lifestyle