Vietnams central bank

The latter half of the year is set for a substantial rebound, riding on the back of Q2's initial recovery signs. The bank's outlook for 2023 remains steady, with a GDP growth estimate of 5.4 per cent. Standard Chartered anticipates September’s figures to marginally outpace those of August, predominantly buoyed by retail sales. The forecast details an impressive 8.2 per cent annual growth in September's retail sales, though exports might dip by 6.2 per cent. Imports are slated to shrink by 7 per cent, while industrial production growth could see a surge to 3.2 per cent. Furthermore, the trade surplus might slim down to a mere $1.3 billion. The inflation index is set to tick up to 3.2 per cent on-year from August's 3 per cent, steered primarily by the education, housing, and food sectors. Conversely, transport-led inflation appears to be subsiding. In the tourism front, Vietnam welcomed approximately 7.8 million international travellers in 2023's initial eight months, closely … [Read more...] about Vietnam’s Q3 GDP poised for growth, Standard Chartered reports

Check out the latest news about Vietnam. European Commission to inspect IUU fishing in Vietnam A delegation from the European Commission (EC) will visit Vietnam on October 10-18 to work with Vietnamese authorities on efforts to prevent illegal, unreported and unregulated (IUU) fishing , the Ministry of Agriculture and Rural Development said on September 25. A high-level dialogue session between the Ministry of Agriculture and Rural Development and the EC working group will take place on October 18, 2023 to discuss the findings of the inspection. Delegates attend the opening ceremony of the Vietnamese Goods Week in Paris. Photo: VNA Vietnamese products promoted at Frech Système U supermarket chain A delegation of 15 Vietnamese enterprises in agriculture, food, and textile industries are promoting their products at the Système U supermarket chain in France as part of the Vietnamese Goods Week in France. The event was inaugurated on September 25 in … [Read more...] about Vietnam news in brief – September 26

At the meeting between National Assembly Chairman Vuong Dinh Hue and Bulgarian President Rumen Radev in Sofia on September 25 (Photo: VNA) Sofia (VNA) – Vietnam is a trustworthy partner and loyal friend of Bulgaria, affirmed President Rumen Radev while hosting visiting National Assembly (NA) Chairman Vuong Dinh Hue in Sofia on September 25. In response, the top Vietnamese legislator stated Vietnam treasures its traditional friendship with countries in Central and Eastern Europe, with Bulgaria being a priority partner. The two sides agreed that the nations’ close and loyal friendship is a valuable asset that should be preserved and promoted by their leaders and people, including more than 30,000 Vietnamese who have been trained, educated, and worked in Bulgaria and around 1,000 Vietnamese expatriates living in the European country. The Bulgarian President wished to continue strengthening the exchange of information and experience between the two countries in general … [Read more...] about Bulgaria considers Vietnam trustworthy partner, loyal friend: President

Vice Chairman of the provincial People’s Committee Le Huu Hoang and Rebecca Ball, Senior Trade and Investment Commissioner of Australia. (Photo: VNA) Khanh Hoa (VNA) – The Australian Trade and Investment Commission (Austrade) recently organised a roadshow in the central province of Khanh Hoa to unlock Vietnam – Australia cooperation opportunities in the fields of education and trade. The event, held as part of the activities to celebrate the 50th anniversary of the Vietnam – Australia diplomatic relations, drew more than 100 representatives from Australian universities, education establishments, food enterprises, as well as those from local branches, sectors, restaurants, hotels, retailers, importers, universities and colleges. Rebecca Ball, Senior Trade and Investment Commissioner of Australia, said that the event is expected to serve as a booster for the Vietnam – Australia trade through new cooperation opportunities in education and agrifood. Similar roadshow s … [Read more...] about Roadshow promotes Vietnam – Australia trade, education cooperation

President of the National Assembly of People's Power of Cuba Esteban Lazo Hernandez presents a gift to a child patient treated at the hospital. (Photo: VNA) Quang Binh (VNA) – A Cuban high-level delegation headed by President of the National Assembly of People's Power of Cuba Esteban Lazo Hernandez on September 25 visited the Vietnam-Cuba friendship hospital in the central province of Quang Binh’s Dong Hoi city, which was built in 1973 following then President Fidel Castro's visit to the region. Welcoming the delegation, Secretary of the provincial Party Committee and head of the provincial delegation of NA deputies Vu Dai Thang highlighted Quang Binh’s appreciation of Cuba’s affection and assistance for the province and the liberated zone in South Vietnam during the fiercest days of the struggle. Recently, as part of a visit by Chairman of the National Assembly Vuong Dinh Hue to Cuba in late April, the provincial People's Committee signed a memorandum of understanding on … [Read more...] about Cuban delegation visits Vietnam-Cuba friendship hospital in Dong Hoi

PM Pham Minh Chinh (R) and French President Emmanuel Macron in the Vietnamese leader's visit to France in 2021. (Photo: VNA) Paris (VNA) – Parliamentary diplomacy is an important link in the cooperation between France and Vietnam, said President of the France-Vietnam Friendship Parliamentary Group (FVFPG) Anne Le Hénanff. France , saying that since upgrading their relationship to a strategic partnership in 2013, the two countries have enjoyed flourishing relations. According to the parliamentarian, diplomatic relations have been marked by the exchange of many high-level delegations, contributing to renewing the strategic partnership . The most recent significant event was Prime Minister Pham Minh Chinh’s visit to France in November 2021. On this occasion, both sides issued a joint statement on further deepening the strategic partnership. The two governments have repeatedly demonstrated a strong political will to promote bilateral cooperation. Vietnam and France … [Read more...] about Parliamentary diplomacy – crucial link in France-Vietnam relations: parliamentarian

Visitors can gain a deeper insight into Vietnam's rich and diverse ethnicity through the virtual photo exhibition. Two hundred photographs of women in traditional costumes from 54 Vietnamese ethnic groups, taken by renowned French photographer Réhahn, are being displayed for the first time on Google Arts' online digital museum - Google Arts & Culture. This portrait of a Red Dao woman was taken by Réhahn in Sapa, Vietnam's northern province of Lao Cai. The photo exhibition of 54 Vietnamese ethnic groups called "Precious Heritage" is divided into eight categories, including the costumes and cultures of ethnic groups living in the north, south, central, and southeastern regions and the art of indigo cloth dyeing of ethnic people in northern Vietnam. The captions are written in three languages-Vietnamese, English, and French-and introduce the different characteristics, lifestyles, and customs of each ethnic group, helping viewers better understand the … [Read more...] about Vietnam’s 54 ethnic minorities featured on Google Arts

At the meeting between Thai Minister Attached to the Prime Minister's Office Puangpet Chunlaiad and  Vietnamese Minister of Information and Communications Nguyen Manh Hung. (Photo: VNA) Bangkok (VNA) – Thailand will join hands with Vietnam to combat fake news, Thai Minister Attached to the Prime Minister's Office Puangpet Chunlaiad has said. The information was disclosed by Puangpet after her meeting with Vietnamese Minister of Information and Communications Nguyen Manh Hung to gain an insight into its anti-fake news initiatives. The meeting took place on the sidelines of the 16th Conference of the ASEAN Ministers Responsible for Information (AMRI) and the 7th AMRI Plus Three Conference  in the central city of Da Nang, Vietnam, from September 22-23. She praised Vietnam for setting up a committee to fight fake news on social media. According to Puangpet, combatting fake news is one of the main items before the AMRI meeting, adding Thailand also supports the Guidelines on … [Read more...] about Thailand, Vietnam to collaborate in fight against fake news

Dinh Tien Dung (L), Politburo member of the Communist Party of Vietnam Central Committee and Secretary of the Hanoi Party Committee, and Huang Kunming , Politburo member of the Communist Party of China Central Committee and Secretary of the Guangdong Party Committee. (Photo: VNA) Beijing (VNA) – Dinh Tien Dung , Politburo member of the Communist Party of Vietnam Central Committee and Secretary of the Hanoi Party Committee, met with Huang Kunming, Politburo member of the Communist Party of China Central Committee and Secretary of the Guangdong Party Committee, on September 25 as part of the Vietnamese official’s ongoing visit to China. At the meeting, Dung stressed that his visit aims to further concretise and implement common perceptions reached by top leaders of the two Parties and countries during the visit to China by Party General Secretary Nguyen Phu Trong late October 2022, contributing to maintaining high-level exchanges and contacts, and fostering the friendship … [Read more...] about Hanoi delegation visits China’s Guangdong province

Technology the answer for wastewater treatment, illustration photo Nearly 20 Dutch businesses will visit Ho Chi Minh City on October 11-13 to participate in the 14th VietWater summit. The event, which covers international water supply, sanitation, water resources, and purification, is deemed an ideal platform for exhibitors to showcase the most advanced products in water resource management, irrigation, urban water supply and drainage, and other water-related areas. Kees van Baar, Ambassador of the Netherlands to Vietnam, said that the reason Dutch environmental technology and wastewater treatment businesses choose to come to Vietnam is because the two countries “speak the same language of water”. “Our companies have a lot to offer. With state-of-the-art technology and expertise, we have the tools to tackle some of the toughest challenges while lowering the water and carbon footprint at the same time. This is important to meet our goals, but it is also important for those … [Read more...] about Technology the answer for wastewater treatment