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Illustration. (Photo: VNA) Hanoi (VNA) – Vietnam’s economic growth accelerated faster than expected in the second quarter of this year, as a recovery in exports and manufacturing helped offset risks from coronavirus outbreaks and rising oil prices, Bloomberg reported. The US-based news agency cited data from the General Statistics Office of Vietnam (GSO) saying the Vietnamese economy expanded 7.72% year-on-year in the April-June period, compared to 5.05% of the previous quarter. That was quicker than the median estimate for a 5.9% gain in a Bloomberg survey, and the highest level since at least the first quarter of 2013, it said. The performance helped lift growth in the first-half to 6.42% from a year ago, beating the GSO’s forecast for a 5.5% pace. The government targets full-year growth at 6%-6.5%. The gains in momentum coincide with Vietnam emerging as one of the alternative destinations for foreign investment amid trade disruptions from China’s lockdowns, … [Read more...] about Vietnam’s economic growth accelerates on back of exports, manufacturing: Bloomberg

The Vietnamese Ministry of Labor, War Invalids, and Social Affairs has recently asked relevent agencies and businesses to provide support for five Vietnamese nationals who were killed and seven others injured by chlorine gas released by a dropped tank at Jordan’s Port of Aqaba on Monday. The Vietnamese victims had been working on the Hong Kong-registered Forest 6 vessel when the chlorine tank fell from a crane onto its deck, said the Vietnamese Embassy in Saudi Arabia concurrently with Jordan on Wednesday. The Department of Overseas Labor has requested companies that have provided seafarers to the ship to urgently supply necessary support to the wounded crew members and the families of the dead in the accident. Agencies concerned will announce the names and other details of the Vietnamese victims in the toxic gas blast, the department said, adding that any wounded victim wishing to be repatriated should be supported by the companies in conjunction with relevant agencies. These … [Read more...] about Vietnam’s labor ministry requests support for Vietnamese victims in toxic gas leak in Jordan

Following the rising global momentum for implementation of Nationally Determined Contributions (NDC) and domestic policy direction towards carbon neutrality by 2050, the seminar gathered key policy makers from relevant ministries, leaders of business associations, key CEOs, managers and representatives from both foreign and domestic enterprises based in Vietnam. More than 100 participants engaged in a vigorous discussion on the private sector’s role in realizing the national climate change targets of Vietnam, including NDC by 2030 and the long-term carbon neutrality direction by 2050. The seminar provided a valuable opportunity for MONRE to inform development partners and business sectors the most recent policy update, direction and regulatory requirements for implementing mitigation including NDC in Vietnam. JICA’s technical cooperation project on “Support for Planning and Implementation of the Nationally Determined Contributions in Vietnam (SPI-NDC)” also shared with the … [Read more...] about JICA ramps up private sector’s engagement in climate actions in Vietnam

In its article, Agrarheute noted that the ASF epidemic is causing great concern to pig farmers globally. However, Vietnam has recently announced that it has achieved a breakthrough as it had successfully produced an effective vaccine which is the first commercial one globally to prevent the ASF epidemic, it said. The newspaper cited the confirmation given by the Agricultural Research Service (ARS) of the U.S. Department of Agriculture (USDA) in an official letter sent to the Department of Animal Health of Vietnam that emphasised the safety and effectiveness of the NAVET-ASFVAC vaccine against ASF developed by Vietnam. Previously, the Vietnamese Ministry of Agriculture and Rural Development (MARD) held a press conference to announce the successful production of a vaccine against ASF. The NAVET-ASFVAC vaccine produced by the National Veterinary JSC (NAVETCO) is the world's first commercial vaccine against this disease. The newspaper quoted Deputy Minister of MARD Phung Duc Tien … [Read more...] about Vietnam develops world’s first effective vaccine against ASF: German newspaper

The session adopted the “Political declaration of the high-level meeting on improving global road safety,” with the 193-member General Assembly committed to drive the implementation of the Global Plan for the Decade of Action for Road Safety 2021-2030, including the goal to half road traffic deaths in the next eight years. Speaking at the event, Ambassador Nguyen Phuong Tra, Charge d'affaires a.i. of Vietnam to the U.N., affirmed that Vietnam totally supports the Decade of Action for Road Safety 2021-2030. For the realisation of its goal, she said it is necessary to strengthen road safety legislation at global, regional and national levels to address current and emerging challenges. In addition, more investment is needed in developing infrastructure and road safety capacity in low- and middle-income countries, where 90% of traffic accidents are reported. Tra also emphasized the need to build a culture of traffic safety through education and awareness of obeying traffic laws such … [Read more...] about Vietnam backs U.N.’s efforts to improve road traffic safety

The dialogue was part of the ongoing official visit to the U.K. of Great Britain and North Ireland of Chairman of the National Assembly of Vietnam Vuong Dinh Hue. At the event, the two senior officials expressed their delight at the positive and dynamic development of the Vietnam-U.K. strategic partnership, especially the effective maintenance of the bilateral defense cooperation. They wished to turn defense ties into a pillar of the two countries’ overall relations. Speaking highly of the outcomes of the implementation of the bilateral defense cooperation on the basis of the memorandum of understanding on defense cooperation signed in 2017, the two sides hoped to continuously boost existing cooperation contents, including delegation exchange, training, U.N. peacekeeping operations. They confirmed that defense policy dialogue is an important cooperation mechanism for the two ministries of defense to review achievements gained and put forth future cooperation orientations. Also … [Read more...] about Vietnam-U.K.’s fourth defense policy dialogue held

National Assembly Chairman Vuong Dinh Hue holds talk with the Prudential management led by chairwoman Shriti Vadera, Interim Group CEO Mark FitzPatrick and Prudential Vietnam CEO Phuong Tien Minh, during his visit to the UK. — VNA/VNS Photos Doan Tan Photos Doan Tan Prudential plc executives called on National Assembly Chairman Vuong Dinh Hue and the high-level delegation he led to Britain to attend the Vietnam – UK High-level Forum on Economy and Trade to discuss the Vietnamese Government’s priorities and the role of insurers in increasing financial inclusion in the country. This meeting was aimed at strengthening relationships and underlining Prudential’s commitment to Viet Nam. After the two-year-long COVID-19 pandemic, Prudential is focusing on building a resilient business to best serve its customers. Insurers like Prudential play an important role in developing innovative savings and protection products to meet Vietnam’s evolving needs while strengthening and deepening … [Read more...] about National Assembly chief Vuong Dinh Hue meets Prudential brass during UK visit

Nearly 500 tonnes of " Com Vietnam Rice " exported to the EU. (Photo: VNA) HCM City (VNA) – Loc Troi Group JSC exported nearly 500 tonnes of rice labelled with its own brand name “Com Vietnam Rice” to the EU markets in June. Since the EU -Vietnam Free Trade Agreement ( EVFTA ) took effect, the group has exported around 30,000 tonnes of rice to the EU. It was the first time the rice was exported under its own brand name, instead of those by importers in the previous shipments, according to Loc Troi. Loc Troi Group CEO Nguyen Duy Thuan said the consignments, which mostly consist of fragrant rice, have left Vietnam and will arrived in Germany, the Netherlands and France in July. The grain will be available at France-based Carrefour, the Europe’s largest retailer and wholesaler, he said. The shipment, though not large, marks the start of the group’s journey to conquer the global market, he added. Loc Troi Agricultural Products JSC (LTA), the agricultural … [Read more...] about 500 tonnes of Vietnamese-labelled rice exported to EU

Nguyen Tuan Quang, Deputy Director of the Climate Change Department under the Ministry of Natural Resources and Environment, speaks at the event. (Photo courtesy of JICA) HCM City (VNA) – Climate change has become one of the great challenges facing humanity, affecting all aspects of economy, politics, diplomacy as well as global security, Nguyen Tuan Quang, Deputy Director of the Climate Change Department under the Ministry of Natural Resources and Environment (MONRE), has said. He made the statement at a seminar on “Accelerating Business Engagement in the Pathway of Vietnam’s Nationally Determined Contributions and Net Zero Emissions” held in Ho Chi Minh City on June 30 by the Japan International Cooperation Agency (JICA) in cooperation with the Climate Change Department and the Vietnam Chamber of Commerce and Industry (VCCI). It aimed to share information and experience in greenhouse gas emission reduction between public agencies and the private sector while … [Read more...] about Seminar seeks to promote private sector’s engagement in greenhouse gas reduction

The article on Hungary Today (Photo: VNA) Hanoi (VNA) – Local media of Hungary have highlighted the visit by National Assembly Chairman Vuong Dinh Hue , which was made from June 26-28 at the invitation of Speaker of the Hungarian NA László Kövér. The Hungary Today newspaper on June 28 ran a story entitled “House Speaker Kövér: Vietnam Is a Key Partner”, quoting the Hungarian top legislator as saying after his talks with NA Chairman Hue that Vietnam is Hungary ’s key partner in Southeast Asia. While agricultural exports to Vietnam surpass imports, Hungary has “much to do” in developing bilateral economic ties, Kövér said in a joint statement after the talks. Noting that Hue led a delegation of various experts, Kövér said the visit was “promising” regarding inter-governmental, scientific, and educational cooperation, the article reported. The article on the Vietnamese NA leader's visit on Budapester Zeitung (Photo: VNA) After the talks, the speakers signed … [Read more...] about Hungarian media spotlight Vietnamese top legislator’s visit