Visa policy of vietnam

Vietnam stood behind its Southeast Asian neighbors such as Thailand (18th), the Philippines (27th), Singapore (29th), Malaysia (31st) and Indonesia (39th) where retirement visas have already been offered for years. However, it was placed higher than South Korea (50th), Cambodia (52nd), China (62nd) and Myanmar (75th) in the region. The ranking was based on a global survey of more than 17,000 people recording their perceptions on several factors: affordability, favorable tax environment, friendliness, pleasant climate, respect for property rights and a well-developed public health system. This year, Switzerland was voted the best country for retirees, followed by Portugal and Australia. Last year, Vietnam ranked 39th among 85 destinations. Cheap living costs, high-quality healthcare and low levels of violent crime have pushed Vietnam's reputation as an ideal choice for foreign retirees. Tourism industry insiders believe Vietnam has a great opportunity to become a paradise … [Read more...] about Vietnam world’s 40th best country for ‘comfortable’ retirement

Japan's contributions have helped Vietnam maintain a stable growth trajectory, driven by the far-reaching effects of FDI. Vietnam needs industrialization support policies to encourage industrial development and increase the value added of foreign direct investment (FDI) capital, according to Professor Ikebe Ryo of Japan's Senshu University. Prof. Ikebe Ryo made the remarks at a scientific symposium titled "Vietnam-Japan Relations and Prospects for Economic Cooperation in line with Vietnam's Development Stages" held in Hanoi this week. He talked about the impact of FDI surge on Vietnam's economic growth and industrialization process, and the economic efficiency brought by this source of capital. The professor emphasized that improving labor productivity is essential for Vietnam to avoid falling into the middle-income trap. Experts attend the scientific symposium on Vietnam-Japan relations and prospects for economic cooperation. Photo: JICA Vietnam … [Read more...] about Vietnam needs policies to promote industrialization: Japanese professor

Vietnam’s gross domestic product (GDP) is hoped to grow 6.46% in the third scenario when the global economy will see positive changes, and Vietnam will take drastic actions in reform and management (Photo: VietnamPlus) Hanoi (VNA) – The Central Institute for Economic Management ( CIEM ) put forwards three scenarios for Vietnam’s economic growth in 2023 at a seminar in Hanoi on July 10 to announce a report on the domestic economy in the first half of this year, and prospects for the second half. Specifically, Vietnam’s gross domestic product (GDP) is expected to grow 5.34% this year under the first scenario. The first scenario assumes the global economic development matches assessments of international organisations and Vietnam, under which the country’s export turnover is projected to drop by 5.64%, and its consumer price index (CPI) will rise 3.43%, with a trade surplus of 9.1 billion USD. Under the second as, given monetary and fiscal easing in Vietnam , the GDP … [Read more...] about CIEM forecasts three economic growth scenarios for Vietnam in 2023

A conference for experts from Germany and Vietnam to analyze and discuss the potential of Vietnam’s just energy for local economic and labor growth took place in Hanoi on Wednesday. The “Just Energy Transition = Job Accelerator for Vietnam? German-Vietnamese perspectives on employment and skills needs,” hosted by the German Embassy in Hanoi on Wednesday, attracted nearly 200 delegates and 300 private attendees, according to press release issued by the embassy. “Just energy transition” typically refers to financing mechanisms that allow developed countries to fund clean energy initiatives in fossil fuel-dependent developing countries. Many of those in attendance represented Vietnamese governmental agencies, such as the National Assembly; the Ministry of Labor, Invalids and Social Affairs; the Ministry of Industry and Trade; the Electricity of Vietnam (EVN); the Vietnam Chamber of Commerce and Industry; and the Vietnam Academy of Social Sciences. Representatives from … [Read more...] about “Just energy transition partnerships” to help foster Vietnam’s economy, labor market: workshop

Vietnamese Ambassador to Japan Pham Quang Hieu grants an interview to the Vietnam News Agency. (Photo: VNA) Tokyo (VNA) – The Vietnam - Japan relations are now in their prime and live up to the countries’ extensive strategic partnership, Vietnamese Ambassador to Japan Pham Quang Hieu said on the occasion of the 50th anniversary of the bilateral diplomatic ties (September 21, 1973 - 2023). Talking to the Vietnam News Agency, he said that over the last 50 years, the countries’ friendship and cooperation have been reinforced unceasingly and developed comprehensively in all aspects, becoming a bright spot in the implementation of Vietnam’s foreign policy of independence, self-reliance, and diversification and multilateralisation of international relations. Japan currently ranks first among providers of official development assistance (ODA), second among labour cooperation partners, third among foreign investors and tourism partners, and fourth among trading partners of … [Read more...] about Vietnam – Japan ties live up to extensive strategic partnership: ambassador

Vietnam has maintained a consistent upward trajectory since 2015, reflecting the government's efforts to restructure the economy toward full market-oriented development and international integration. Vietnam has climbed four places to secure the 106th position out of 165 countries and territories in the Economic Freedom of the World index, according to the Canada-based Fraser Institute. Manufacturing of mechanical products at Tam Hop Company in Soc Son District, Hanoi. Photo: Viet Linh/The Hanoi Times The Economic Freedom of the World index evaluates the extent to which policies and institutions support economic freedom. It is published annually by the Fraser Institute in collaboration with the Economic Freedom Network, a coalition of independent research and educational institutions covering nearly 100 countries and territories. Singapore currently leads the world in economic freedom, followed by Hong Kong (China), Switzerland, New Zealand, the US, and … [Read more...] about Vietnam moves up 4 places in Economic Freedom of World index

The signing by Minister of Foreign Affairs Bui Thanh Son made Vietnam one of the first countries to sign the international-legally binding instrument under the 1982 United Nations Convention on the Law of the Sea (UNCLOS). It conveyed the message that Vietnam is a positive and responsible member of the international community as well as the country's efforts to join hands with countries to deal with global issues, contributing to peace, prosperity and sustainable development. More than 60 countries are scheduled to sign the agreement during the underway high-level week of the 78th UN General Assembly. The ratification and signing of the deal is a historical milestone in the international community's efforts in environmental protection during the implementation of the 2030 Agenda, especially the goal No.14 on preservation and sustainable use of oceans and maritime resources. This is the third agreement negotiated and signed within the framework of the 1982 UNCLOS, reaffirming the … [Read more...] about Vietnam becomes one of first nations to sign High Sea Treaty

Vietnam has implemented regulations to effectively manage misinformation. Fake news and disinformation are global issues impacting not only ASEAN but also countries like Vietnam, necessitating comprehensive solutions. Delegates attend the forum. Photo: Congly.vn This consensus was reached at the ASEAN Forum on Tackling Disinformation, held in Danang City on September 19. The forum is part of a series of international events on information and communication in the ASEAN region hosted by the Ministry of Information and Communications (MIC) until September 23. Le Quang Tu Do, the head of the MIC's Department of Radio, Television, and Electronic Information, mentioned that four major platforms dominate in Vietnam: Zalo with 47 million users, YouTube with 63 million users, Facebook with 66 million users, and TikTok with nearly 50 million users. Among these platforms, Facebook, YouTube, and TikTok are particularly susceptible to the rapid spread of … [Read more...] about ASEAN, Vietnam seek to tackle fake news

The German Embassy in Vietnam hosted a pivotal seminar on September 20 on the just energy transition and opportunities in Vietnam's labour market. The discussion centred on the potential for green jobs in the wake of Vietnam's evolving energy landscape. Speaking at the event, German Ambassador to Vietnam Dr. Guido Hildner drew attention to the nation's ambitious goal of achieving carbon neutrality by 2050. Coupled with its commitment to a just energy transition, this opens vast opportunities for sustainable development and promises a robust influx of high-quality job opportunities for the future. Reflecting on his home country's experience, Ambassador Hildner stated, "In Germany, the number of employees working in skilled green sectors saw a surge of 56.7 per cent, rising to 5 million between 2012 and 2020. This underscores that while the energy transition is a complex and demanding journey, it has immense potential to benefit citizens and the economy at large." Recent policies … [Read more...] about Vietnam eyes green jobs amidst energy transition: Insights from German experience

Vietnam is determined to meet its commitment of a net-zero emission target by 2050 and support global health security priorities, Prime Minister Pham Minh Chinh told two United Nations summits in New York, the U.S., on Wednesday. The Vietnamese leader kicked off his first activities at the United Nations headquarters by attending two summits on climate change response and preparations for future pandemics, as part of his seven-day trip to the U.S. for the high-level General Debate of the 78th United Nations General Assembly (UNGA) session and other activities. Cutting emissions by 43.5 percent by 2030 Speaking at the UN Climate Ambition Summit, where leaders of countries and international organizations expressed their concern about the severe impacts of climate change, PM Chinh stressed that addressing climate change impacts requires a global and all-people approach, with more urgent and stronger actions. The PM proposed accelerating a fair and just green energy transition, … [Read more...] about Vietnam reiterates net-zero emission goal, supports global health priorities