ADB experts at the press conference (Photo: Vietnam+) Hanoi (VNA) - ADB experts forecast that Vietnam's economy could recover at 6.5 percent this year and grow stronger at 6.7 percent in 2023, due to high vaccination rates and the implementation of expansionary fiscal policies. On April 6, the Asian Development Bank (ADB) released the Asian Development Outlook Report (ADO 2022), which stated that the Vietnamese economy is ready for a strong recovery in the context of global economy instability. GDP reaches a high level ADB experts forecast that Vietnam's economy could recover at a rate of 6.5 percent this year and grow stronger at 6.7 percent in 2023 due to high vaccination rates, trade promotion and continued implementation of expansionary fiscal and monetary policies. Andrew Jeffries, ADB Country Director for Vietnam, said that high vaccination rates have allowed the Vietnamese Government to lift strict pandemic containment measures. The timely shift in pandemic … [Read more...] about Vietnam’s economy recovers strongly amid global instability: ADB
Vietnam circular economy forum 2022
Cambodia eyes to serve 1.3 million foreign tourists in 2022
Angkor Wat, a UNESCO world heritage site, is the tourist icon of Cambodia. (Photo: Khmer Times) Phnom Penh (VNA) - Cambodia expects to welcome 1.2-1.3 million international tourists in 2022, said Director General of Tourism Development and International Cooperation at the Ministry of Tourism Thong Rathasak. Recovering fast from the COVID-19 downfall, Cambodia is banking on increased arrival of foreign tourists this year, compared to the last two years. According to Rathasak, the Southeast Asian nation served over 500,000 foreign visitors in the first half of this year, and this was a good comeback compared to the number of 200,000 tourist arrivals last year.. COVID-19 was a big lesson as Cambodia n people learned to coexist with a pandemic, he said, hoping that people who left the tourism sector would come back and rebuild their businesses or careers. For Cambodia, 2022 started well as it got the chance to organise the ASEAN Tourism Forum (ATF), which was … [Read more...] about Cambodia eyes to serve 1.3 million foreign tourists in 2022
Denmark extends agri-food expertise to Vietnam
With expertise and advanced technology, Danish firms are expected to develop Vietnam's agri-food industry for high efficiency and sustainability. A delegation of 13 leading Danish agri-food firms in Solutions for Livestock & Food Production, Food Processing Technologies, Ingredients and Climate Control Solutions is giving expertise to Vietnamese partners Representatives of Danish companies attend the seminar held in Hanoi on August 17. Photos: Embassy of Denmark in Hanoi The delegation, which works in areas important for improving agri-food production towards high efficiency, green, and sustainability, expects to share experiences and introduce world-leading and well-proven Danish solutions in agri-food production and look for opportunities to cooperate with Vietnamese companies. The expertise was shared at during Seminar – Business Matchmaking held in Hanoi and Ho Chi Minh City on August 16-19. The events are part of a joint effort between the Embassy … [Read more...] about Denmark extends agri-food expertise to Vietnam
Vietnam consults WB experts about National Master Planning
He made the statement in Hanoi on August 16 at a seminar consulting the World Bank (WB)’s experts about a report on the National Master Planning for the 2021-2030 period, with a vision to 2050. The National Master Planning is the first of its kind in Vietnam made in line with the 2017 Planning Law. Between now and 2030, priority will be given to the establishment and development of economic corridors, locomotive zones, growth poles and national infrastructure framework, especially those with advantages in geological location, infrastructure, human resources and sci-tech potential. Dannay Leipziger, head of the WB experts’ group, suggested that the National Master Planning should take into account improving resilience to environment risks and climate change, and ensuring financial resources for the effort. The National Master Planning set the goal of having about 5,000km of expressways nationwide by 2030, and over 9,000km by 2050. The average housing floor area per capita in … [Read more...] about Vietnam consults WB experts about National Master Planning
Vietnam attends 10th Moscow Conference on Int’l Security
Vietnamese Defense Minister General Phan Van Giang delivered a pre-recorded speech at the second session of the conference. The MCIS-10 draws the participation of 700 delegates from 70 countries and six international organizations. During the event, there will be plenary sessions with topics on global security in a multipolar world, and regional issues amid global security: Asia-Pacific, Africa, Middle East, and Latin America. In his video address, Russian President Vladimir Putin emphasized the significance of the conference in consolidating peace and stability in the region and boosting partnership and dialogues in a constructive manner. Russian Minister of Defense Sergei Shoigu also had an opening speech at the event. In his pre-recorded speech at the second plenary session of the conference, Vietnamese Defense Minister Phan Van Giang spoke highly of the MCIS, saying that it is an important multilateral forum for participating countries to exchange points of view on … [Read more...] about Vietnam attends 10th Moscow Conference on Int’l Security
Vietnam’s role and responsibility reaffirmed
The People’s Army Newspaper would like to present an interview with Lieutenant General Vu Chien Thang, Director of the Department of Foreign Relations under the Ministry of National Defense, on the visit of the Vietnamese delegation to Moscow on this occasion. Reporter: Could you please tell us about the goal and significance of the participation of the Vietnamese high-ranking military delegation in the seventh Moscow Conference on International Security? Lieutenant General Vu Chien Thang: The Vietnamese high-ranking military delegation led by General Ngo Xuan Lich is participating in the conference in the context that the Vietnam-Russia comprehensive strategic partnership in general, and the bilateral defense ties in particular, have been developing dynamically and effectively. The Moscow Conference on International Security, the proven prestigious and important forum for discussion of global security issues, has contributed to promoting peace, stability and security in the … [Read more...] about Vietnam’s role and responsibility reaffirmed
High-Level Forum on One Health Partnership Framework opens
The event was co-hosted by the Ministry of Agriculture and Rural Development (MARD), the Ministry of Health (MOH) and the United Nations Development Program (UNDP). Speaking at the event, MARD Deputy Minister Phung Duc Tien said the Vietnamese Government, ministries, agencies and partners are paying attention to minimizing the possible emergence and spread of pathogens in human-animal-ecosystem interaction, strengthening the management of food safety, overseeing and preventing antibiotic resistance, recovering and controlling emerging and re-emerging epidemic risks, and controlling environmental factors that potentially affect the health of humans, animals and plants. He added that as an important bridge connecting the MARD, the MOH, the Ministry of Natural Resources and Environment (MONRE) with sponsors and development partners, the OHP has made constant efforts to promote inter-sectoral cooperation at high levels and pooled the support of the global community to help Vietnam join … [Read more...] about High-Level Forum on One Health Partnership Framework opens
HR Asia Award honours VSIP JV as Best Place to Work in Vietnam 2022
Asia's Best Place to Work is a prestigious international award held by HR Asia for many years to honour businesses with top working environments and outstanding human resource policies, allowances and benefits, sustainable remuneration, and exciting annual activities that connect employees. VSIP JV was honoured to receive this prestigious award right the first time it attends the nomination. Along with the journey of more than 26 years of establishment and development, VSIP’s welfare policies have been increasingly focused when continuously providing diverse insurance packages for employees and their family members. The company also has providing talks on health consultation and periodic health checkups at international hospitals. Thereby, employees and staff are equipped with wide knowledge and care more about their own health, creating a premise for the sustainable development of themselves and their families. HR Asia Award honours VSIP JV as Best Place to Work in … [Read more...] about HR Asia Award honours VSIP JV as Best Place to Work in Vietnam 2022
CT Group wins at HR Asia Awards 2022
This score is 25 per cent higher than the average score of businesses competing across Asia in 2022 and far ahead of the average score for the Vietnamese nominations. To achieve this position – one that many businesses across the continent aim for – is not easy because the list of Asia's Best Places to Work is selected through an extremely rigorous evaluation process via the Total Engagement Assessment Model – a model based on the criteria of Core, Self, and Group that are applied to major human resource markets in Asia. Core (collective organisation for real engagement) assesses culture, discipline, management capacity, leadership, and agile initiatives. Self (heart, mind, and soul) assesses the level of cohesion, pride, and emotion at work. Finally, Group (think, feel, and do) measures the level of cooperation between members within the business. A representative of CT Group at the HRAA 2022 award ceremony Speaking at the honouring ceremony, deputy director of … [Read more...] about CT Group wins at HR Asia Awards 2022
Green standards top policies for fresh foreign ventures
The approval of Vietnam’s circular economy development plan, announced in June, aims to help reduce greenhouse gas emissions by 15 per cent of GDP by 2030 (as compared to 2014). The commitment at COP26 by Vietnam to achieve net-zero carbon emissions by 2050 is considered the main call for investment into green technologies and friendly-environmental projects, as well as approval of plans such as the aforementioned circular economy one. These messages have sent a strong signal regarding the country’s direction towards low-carbon, green development, and a circular economy, and could be a new driving force for Vietnam’s sustainable socioeconomic development, helping to improve its competitiveness and foreign direct investment (FDI) into the country. While governments have committed to lowering CO2, companies are also following suit for the good of the planet, Photo: Shutterstock As a result, numerous groups have made decisions in terms of investment and other operations … [Read more...] about Green standards top policies for fresh foreign ventures