Vietnam’s consumer price index (CPI) in the year’s first quarter edged up around 4.3% year-on-year, showed official data. Shoppers at a local supermarket – Photo: Dantri The Ministry of Finance attributed the CPI rise to a 7.2% increase in housing and construction material prices and a pickup of 4.5% in food prices. The increasing housing and construction material prices resulted from higher rent and input costs such as cement, steel and sand, which contributed 1.4% to the overall growth. Meanwhile, the strong food demand during the Lunar New Year holiday in January sent food prices up, thus pushing up the CPI by 1%. Education services edged up 11% as tuition fee support in some parts of the country had ended, resulting in an increase of 0.6% in the CPI. The ministry has worked out three inflation scenarios for the second quarter and the rest of the year, with an average CPI growth ranging from 3.9% to 4.8% this year. … [Read more...] about Vietnam’s CPI inches up in Q1
Vietnam food
Is craving sweet foods a sign that I’m pregnant with a girl?
Can you share your opinions on this? (Xuan, 26, Bac Ninh) Answer: Women frequently experience morning sickness during pregnancy and crave particular foods, sometimes even inedible things. The main reason for this food craving is hormonal changes during pregnancy, leading to changes in food taste perceptions. In addition, the mother may crave a certain food due to a specific nutritional need from the baby's body. A pregnant woman may crave a specific nutrition such as iron and magnesium. During each pregnancy, pregnant women can have completely different food cravings. Sometimes, food cravings are the result of the mother's mood swings. There are currently no official studies that show a strong link between food cravings and the baby's gender. All speculation is based solely on prior experience, which may be accurate or inaccurate. Cravings for food are merely symptoms of hormonal changes in a mother's body. Pregnant women also need to pay attention to abnormal morning … [Read more...] about Is craving sweet foods a sign that I’m pregnant with a girl?
Vietnam targets 100% of Internet subscribers using IPv6 service by 2025
Illustrative image (Photo: vietnamnet.vn) Hanoi (VNA) – A conference to review the first phase of the programme on the transition to Internet Protocol version 6 for state agencies (IPv6 for Gov) and discuss the implementation of the second phase of the plan was held at the Vietnam Internet Network Information Centre (VNNIC) in Hanoi on March 28. IPv6 for Gov’s first phase, which was performed in 2021-2022, focused on state agencies. Half of the ministries, agencies, and localities were set to adopt IPv6 transitional plans and successfully shift towards IPv6 for their portals. All of them are expected to roll out the plans in the second phase in 2022-2025. In Vietnam, the IPv6 transition in networks, services, applications, and software is an evolution that ensures Internet resources capacity and security requirements to support digital transformation and the development of e-government and smart city services. IPv6 is expected to meet Vietnam’s demand to offer new and quality … [Read more...] about Vietnam targets 100% of Internet subscribers using IPv6 service by 2025
Foreign investment from Asia important to Vietnam: HSBC
Illustrative photo (Photo: baodautu.vn) Hanoi (VNA) – Although Vietnam always eyes to attract investors from US and Europe, intra-Asian investors are so important to the country, especially since foreign direct investment (FDI) is slowing down globally due to the COVID-19 pandemic’s impacts and geopolitical conflicts. Among the 10 biggest investors in Vietnam, eight are from Asia. Assessing Vietnam's investment partners, many economic experts said that FDI into Vietnam mainly comes from Northeast Asian countries and more recently China. Joonsuk Park, head of International Subsidiary Banking and Wholesale Banking at HSBC Vietnam, said that FDI flows into Vietnam play a quintessential role and contributes to the growth story of the country. “Foreign Direct Investments have been one of the key catalysts spurring and transforming Vietnam into one of the most open economies in the region,” he said. A study by HSBC showed FDI investors or those regional and global … [Read more...] about Foreign investment from Asia important to Vietnam: HSBC
Experts call for institutional, policy reforms to unlock Vietnam’s digital future
VPBank provides QR codes for its services. (Photo: VNA) Hanoi (VNS/VNA) - For Vietnam to fully tap into the digital future, experts say institutions and policies must be reformed to reflect Government commitments. Phung Anh Tuan, executive vice chairman and secretary general at Vietnam Association of Financial Investors (VAFI), passed the remarks at the Fintech Revolution Summit in Hanoi on March 27. The two-day summit is attended by BFSI experts, fintech leaders, ministry and central bank authorities, investors and corporates across Vietnam. The Vietnamese Government is advocating the development of a digital economy and promoting industrial revolution 4.0, said Tuan. Many directives have been on promoting non-cash and electronic payments, including Resolution 02, dated January 1, 2019, and Decision 1813, dated October 28, 2021. The policy and law-making process should reflect the Government's commitments, noted Tuan. The VAFI representative expects some … [Read more...] about Experts call for institutional, policy reforms to unlock Vietnam’s digital future
Vietnam, Malaysia eye stronger labour cooperation
Illustrative image (Photo: VNA) Kuala Lumpur (VNA) – Malaysia still remains one of the top markets for Vietnamese unskilled workers after Japan, the Republic of Korea, and Taiwan (China), head of the Vietnamese Embassy's labour management department in Malaysia Thai Phuc Thanh has said. According to Thanh, labour cooperation between Vietnam and Malaysia has developed continuously and substantively. The two governments in 2003 signed the first cooperation agreement in sending Vietnamese labourers to Malaysia, which was re-inked in 2015, and 2022 in the framework of the official visit to Vietnam of then Prime Minister Ismail Sabri Yaakob. Head of the Vietnamese Embassy's labour management department in Malaysia Thai Phuc Thanh (Photo: VNA) Thanh highlighted the great benefits brought about by labour cooperation agreements to the two countries, saying that these deals have helped create jobs and incomes for hundreds of thousands of Vietnamese workers. He said that … [Read more...] about Vietnam, Malaysia eye stronger labour cooperation
Vietnam always values relations with Chile: FM
Minister of Foreign Affairs Bui Thanh Son (R) and former President of Chile Michelle Bachelet Jeria at their meeting in Hanoi on March 27 (Photo: nhandan.vn) Hanoi (VNA) – Vietnam always attaches importance to the traditional friendship and solidarity with friends and important partners in Latin America, including its comprehensive partnership with Chile, said Minister of Foreign Affairs Bui Thanh Son on March 27. Son made the remark at a reception for visiting former President of Chile Michelle Bachelet Jeria and a delegation from Cerro Navia district in the South American nation’s capital of Santiago. He commended the two nations’ increasing political and diplomatic relations via regular dialogues at all levels and growing economy-trade ties, and their strong coordination at international organisations and multilateral forums. The top diplomat recommended the sides further coordinate closely in promoting the exchange of high-level delegations, and effectively … [Read more...] about Vietnam always values relations with Chile: FM
Vietnam’s industrial, logistics property growing as more FDI expected
Illustrative photo (Photo: VNA) Hanoi (VNA) – Increasing foreign investment is expected to come to industrial, logistics properties in Vietnam, pushing the growth of the sector. according to insiders. The largest-ever US business mission to Vietnam including 52 businesses visited Vietnam from March 21-23 to learn about the local market and seek investment opportunities. Most of the firms in the mission have business and production activities in Vietnam. Major groups around the world also have production expansion plans in Vietnam in the coming time. According to CBRE Vietnam, the rent of industrial real estate and occupancy rates are very good across all regions of the country. The demand for industrial land is said to remain high this year. (Photo: VNA) Vietnam’s industrial real estate sector has great potential for developing more projects related to data centres, cold storages, and logistics, according to John Campbell, Associate Director, Head of Industrial … [Read more...] about Vietnam’s industrial, logistics property growing as more FDI expected
S.Korean tourist dies after motorbike crashes into power pole in Vietnam’s Da Lat
A South Korean traveler was killed after his motorbike crashed into a roadside power pole in Da Lat, a well-known tourist city in Vietnam, on Saturday morning. Da Lat police officers on Monday identified the male tourist as Lim, a 54-year-old South Korean national. He registered for an accommodation at Ham Da Alley, Ward 10, Da Lat City under Lam Dong Province from last Wednesday to this Tuesday. At about 2:30 am on Saturday, the accident happened when the man was riding a motorbike from Tran Hung Dao Street to Hung Vuong Street in Ward 10. The motorbike was seriously damaged. A nearby power pole showed signs of being hit hard. Local authorities later concluded that the tourist’s motorbike ran into the power pole and he fell off it. Some witnesses took him to the Lam Dong General Hospital for emergency but he died later due to severe injuries. Medical workers kept his identity papers and transferred them to the Da Lat authorities a day later. Like us on Facebook … [Read more...] about S.Korean tourist dies after motorbike crashes into power pole in Vietnam’s Da Lat
Fleas cause 160 allergic dermatitis cases in north-central Vietnam
Authorities in Ha Tinh Province, north-central Vietnam are implementing preventive measures to curb the spread of allergic dermatitis in the area as fleas have been spreading in many residents. An epidemiological surveillance investigation conducted by the Medical Center of Thach Ha District in Ha Tinh showed that a total of 158 people of 64 households in the district’s Phuc Thanh Village have suffered inflammation, redness, and irritation of the skin since the end of February. The patients have undergone examination and treatment at a number of hospitals in and outside the province but their bad skin condition has persisted, affecting the quality of their health and life, Nguyen The Phiet, director of the Medical Center of Thach Ha, said on Monday. During the epidemiological investigation, functional forces discovered a type of insect clinging to household items and clothes in the patients’ houses. The insect, which appears to feed on the host patients, is dark brown and … [Read more...] about Fleas cause 160 allergic dermatitis cases in north-central Vietnam