Vietnam highlights

The country’s economic growth hit 5.33% year-on-year in the third quarter. Vietnam’s GDP in the first nine months expanded by 4.24% year on year, data from the General Statistics Office (GSO) showed today [September 29]. Data: GSO. Chart: Hai Yen/The Hanoi Times For the third quarter of this year, the country’s economic growth reached 5.33% compared to the same period last year. This growth rate only exceeds the figures for 2020 and 2021, which were significantly affected by the Covid-19 pandemic, but is still seen as a “positive trend”. Growth in the first quarter was a modest 3.28%, while the second quarter saw a slightly higher growth rate of 4.05% . Over the entire nine-month period, the GDP  grew by 4.24%, the lowest growth in 13 years during a time when the pandemic affected the economy. For 2023, the Government has set an ambitious target of 6.5% GDP growth, while the economy grew 8.85% last year . The primary driver of the economy … [Read more...] about Vietnam’s GDP growth expands by 4.24% in a 9-month period

Speaking at the opening of the event held in Quang Ninh Province, he emphasized the importance of developing science, technology and innovation. Hundreds of delegates from ministries, businesses and production units and scientists were in attendance to learn about breakthrough technologies and solutions. Before the opening, Deputy Prime Minister Tran Luu Quang, Dat, other Party and state leaders, their counterparts from the Quang Ninh Province Party Committee, People's Council and People's Committee, and ministry and other officials visited the booths set up at an exhibition that is part of the event. Nearly 200 booths showcased technological devices and solutions. Quang called for ensuring products are also competitive in terms of prices. "The product might be good, but the price must also be lower than in foreign markets," he said while visiting the booth set up by auto company Thanh Cong Group. Minister of Science and Technology, Huynh Thanh Dat speaks at the … [Read more...] about Technology is foundation for Vietnam’s rapid, sustainable development: minister

An example of a SkyX Solar collaboration with An Phat At a seminar from September 12 to 17, held by the World Sports Goods Industry Federation and the Vietnamese Delegation in Geneva, distinguished brands like Adidas and Decathlon spotlighted Vietnam's crucial role in sustainable manufacturing, praising its robust workforce and rapid assimilation of advanced technologies. Leveraging its National Strategy for Green Growth 2021-2030, Vietnam is making substantial strides towards its sustainable development goals, with an emphasis on evolving its textile and footwear industries by 2035 to align with a circular economic model. This commitment resonates deeply with international sustainability standards, enhancing Vietnam's influence in the sustainable supply chain sector. The role of green certificates – which are emblematic of sustainable and responsible production and the use of renewable energy – is becoming increasingly crucial in today’s market. These certificates are … [Read more...] about SkyX Solar steers sustainable shifts with green IZ and certification in Vietnam

Rear Admiral James Gilmour affirmed that despite their geographical distance, New Zealand and Vietnam share a close relationship. Both nations share common goals in global security. The visit of two Royal New Zealand Navy vessels to Vietnam not only underscores the flourishing bilateral ties between Vietnam and New Zealand but also paves the way for new avenues of cooperation in the future. According to Rear Admiral James Gilmour, there are several highlights in the defense cooperation between Vietnam and New Zealand. First and foremost, New Zealand consistently values and desires to enhance its cooperation with Vietnam. In July, Senior Lieutenant General Nguyen Tan Cuong, Chief of the General Staff of the Vietnam People's Army and Deputy Defense Minister, paid a visit to New Zealand. Shortly thereafter, two New Zealand vessels have come to visit Vietnam. This demonstrates New Zealand's profound appreciation for its relationship with Vietnam and the significance it places on the … [Read more...] about Positive development of Vietnam-New Zealand bilateral relations

Khoi Le, country director for Vietnam, Meta Clearly, these mega sales are here to stay as the Asia-Pacific region, including Vietnam, recorded the highest sales day participation rate last year. Meta’s Seasonal Holidays Study survey indicated that up to 71 per cent of Vietnamese shoppers shop early to get significant discounts and 65 per cent are driven to participate in mega sales by the low prices and discounts on offer, which demonstrates their caution and the importance of sales during the current economic uncertainty. 58 per cent of shoppers increased their spending during this year's Lunar New Year holiday, showing an increase in spending of approximately $30 (VND700,000) on-year. It’s interesting to note that shoppers in Asia-Pacific are still spending despite caution around the global economy, and they’re more open to discovering new products and services during the sales season. This means businesses will need to rely on supercharging discovery more than ever. Our … [Read more...] about Insights into Vietnam’s first AI-driven sales season

Vietnam-China relations have made substantial progress over the past decade, with numerous positive outcomes that benefit both countries and contribute to regional and global peace, stability, and development. Hanoi supports comprehensive relations with Beijing and Guangdong, especially in fields of trade–investment, healthcare, science and technology, and urban development. Secretary of the Hanoi Party Committee Dinh Tien Dung (l) and Chairman of the Chinese People’s Political Consultative Conference Wang Huning (r). Photos: The Hanoi Times Secretary of the Hanoi Party Committee Dinh Tien Dung stressed the view during a meeting with the Chairman of the Chinese People’s Political Consultative Conference Wang Huning on September 28. At the meeting, Dung expressed his delight at visiting China and Beijing again , where he witnessed significant progress and accomplishments made by the Chinese people. He extended warm congratulations to the Chairman of the … [Read more...] about Hanoi supports comprehensive relations with Beijing, Guangdong

The formulation of capital planning is an integral component of Hanoi's endeavors to achieve its developmental goals by 2030, with a forward-looking perspective reaching to 2045. Hanoi commits to transforming into a globally interconnected metropolis by 2045, serving as the country's visage, said Deputy Secretary of the Hanoi Party Committee Nguyen Van Phong at a scientific conference on the Hanoi Planning Orientation for 2021-2030 , with a vision to 2050, held today [September 29]. Overview of the conference. Photos: Thanh Hai/The Hanoi Times Phong said the city's goal is not merely to vie for supremacy with other provinces and cities in the country but to position itself globally, comparable to countries in Asia and the world. During the conference, Deputy Chairman of the Hanoi People's Committee Ha Minh Hai said that the formulation of the capital planning for the 2021-2030 period, with a vision to 2050, is an integral component of Hanoi's endeavors to … [Read more...] about Hanoi aspires to become a global city

Ngu Hanh Son is a magnet attracting tourists thanks to its diverse natural landscapes, culture, history, religion, architecture, and art, associated with the land and people of Da Nang. The Da Nang Museum is now digitizing and updating a digital heritage map with information about the heritage complex, to serve conservation and research efforts. Da Nang will invest in and renovate conservation items to develop the area into a cultural park and a highlight of the Central Heritage Road. The major cultural project is expected to elevate the Ngu Hanh Son relics complex in keeping with its rare values./. VNA … [Read more...] about Da Nang upholds cultural value of Marble Mountains

International tourists are becoming increasingly drawn to Ho Chi Minh City. (Photo: VNA) Hanoi (VNA) – International tourists are becoming increasingly drawn to Ho Chi Minh City where they can discover its vibrant blend of cultures through standout tours. Of the total 25 million tourist arrivals that the city hosted during January – August, there are nearly 3 million foreigners, up 105.2% year-on-year. Local tourist sites such as Ben Thanh Market , Sai Gon Central Post Office , and the War Remnants Museum have been favoured among the visitors. Zuzanna Henel and Klaudia Witkowska from Poland said they are impressed by the “Biet dong Sai Gon” (Sai Gon Special Task Force) tour developed by Vietluxtour, during which they got a better understanding of Vietnam’s war time as well as stories about Sai Gon heroes. Visiting HCM City for the fourth time in ten years, Allan Andersen from Demark said he wants to enjoy walks along the streets as well as local foods such as … [Read more...] about HCM City increasingly appealing to foreign visitors

Delegates at the ceremony marking the 33rd anniversary of German Unity Day (Photo: VNA) HCM City (VNA) – The Ho Chi Minh City Union of Friendship Organisations (HUFO) held a ceremony on September 29 to mark the 33rd anniversary of German Unity Day , showing the solidarity and friendship between the people of the city and Germany. Addressing the event, President of the Vietnam-Germany Friendship Association of HCM City Nguyen Anh Tuan extended greetings to the German people and expressed delight at the growth of the Vietnam-Germany strategic partnership in all fields from politics, diplomacy to economy, trade, science-technology, justice, education and culture. Tuan highlighted the association’s efforts to contribute to the promotion of friendship between the two countries, and pledged that it will continue to work to connect the Vietnamese and German people and bolster the strategic partnership between the two countries. For her part, German Consul General in HCM City … [Read more...] about German Unity Day marked in HCM City