Why is revising a draft important

A corner of the Vietnam-Singapore Industrial Park 1 (VSIP1) in Thuan An, Binh Duong. (Photo: VNA) Binh Duong (VNA) – Binh Duong posted a highest-ever trade surplus of around 6.3 billion USD in the first half of 2022 as its foreign trade has witnessed quick recovery since the beginning of this year on the back of the recovery of global production and supply chains. The southern province generated nearly 19 billion USD from exports and spent some 12.7 billion USD on imports, according to head of the provincial Statistics Office Ngo Van Mit. Its largest market in H1 was the US which imported about 6.4 billion USD worth of goods and services from Binh Duong, followed by the EU (2.2 billion USD), the Republic of Korea and Japan (over 1.8 billion USD), and Taiwan (China) (over 1.4 billion USD). Binh Duong reported a quite impressive growth of 6.84% in Gross Regional Domestic Products (GRDP) during the period; with industry and construction expanding 7.58%; services 6.60%, and … [Read more...] about Binh Duong enjoys record-high trade surplus in H1

Clients view a Kia Suv model at a showroom in Le Van Luong Street. This model is one of the best selling ones of Kia Vietnam. — VNS Photo Doan Tung Decree No.32/2022/ND-CP issued recently by the Government, which extends the tax payment deadline for payable excise tax, will not directly affect domestic car prices, according to industry insiders. Under the decree, the deadline for payable excise taxes for June-September for domestically manufactured or assembled cars is now November 20. Nguyen Vinh Nam, an automotive expert, said the extension of the excise tax did not affect car prices but would solve the financial burden for domestic car assemblers. The continuous extension of payable excise tax would help domestic automobile businesses solve immediate financial burdens and use finance sources to reinvest in factories and production lines to prepare for car assembling plans in the near future, said Nam. He said that the current difficult situation after more than two years … [Read more...] about Extended excise tax deadline does not affect car prices: experts

The Japanese retailer sells Vietnamese agricultural products in some 350 of the group's stores and supermarkets across Japan and on its websites from July 1 to 3. AEON Group, the Japanese retailer, expected to sell about 30 tons of fresh lychee and 2.5 tons of fresh bananas from Vietnam during the three-day Vietnamese Goods Week in Japan. The Japanese retailer sells Vietnamese agricultural products in some 350 of the group's stores and supermarkets across Japan and on its websites from July 1 to 3. A number of Vietnamese fresh lychee are sold at AEON supermarket. Photo: congthuong.vn "Last year, we imported  five tons of fresh lychee from Vietnam and sold it only in large supermarkets. However, this year, we imported up to 22 tons of lychee and sold them in all AEON supermarkets throughout Japan," Soichi Okazaki, Executive Director of ASEAN Business at AEON, told the Vietnam News Agency . Okazaki added that Vietnamese lychee is very fragrant and … [Read more...] about Some 30 tons of fresh lychee sold at Vietnamese Goods Week in Japan

Chairman of Ho Chi Minh City People's Committee Phan Van Mai signs a regulation on the construction coordination of the Ring Road 3 Project in Ho Chi Minh City with leaders of three provinces of Long An, Binh Duong and Dong Nai at the conference. Regarding the investment capital, the HCMC People’s Committee submitted to the Prime Minister an adjustment of the central budget capital of VND17,146 billion (US$734.5 million) from the Ministry of Transport and allocated the unallocated central budget capital of VND 14,233 billion (US$610 million) to the provinces and HCMC for timely project implementation. Speaking at the conference, Director of Ho Chi Minh City Department of Transport Tran Quang Lam said that the People's Committees of three provinces and HCMC have directed departments, relevant agencies and units to implement component projects according to the assigned timelines under the direction of Deputy Prime Minister Le Van Thanh. Specifically, the Ring Road 3 investment and … [Read more...] about HCMC, three localities strengthen coordination to promptly implement Ring Road 3

General Nguyen Chi Thanh Museum is built on an area of 650sq.m at 144, Dang Thai Than Street, Thuan Hoa ward, Hue City. The museum displays around 400 documents, artifacts and photos briefing the life and revolutionary career of General Nguyen Chi Thanh and his contribution to Thua Thien Hue’s revolution in particular and to the resistance war for national independence and freedom and socialism building in the North in general. The displayed documents, artifacts and photos are divided into themes, namely hometown, families, revolutionary career, General Nguyen Chi Thanh’s important milestones, and gratitude of his families, hometown and nation to the late General. Of the displays, there are photos, documents and artifacts made public for the first time. They include General Nguyen Chie Thanh’s writings about military building, fighting against individualism, and agriculture. On the occasion, the General Department of Political Affairs presented a set of books about General Nguyen … [Read more...] about General Nguyen Chi Thanh Museum opens up to visitors

Ngoc Thao from HCMC, 32, said that one kilogram of bacon now costs between VND150,000-180,000 ($6.43-7.72), depending on whether it is purchased at a traditional wet market or a supermarket. Cheaper cuts of pork, such as cutlet and thigh, range from VND100,000-130,000 per kilogram, which is twice or thrice the price of chicken. "The prices of vegetables, spices and many other things have skyrocketed, but my salary remains unchanged, so I must cut back on my spending on expensive stuff," she said, sighing. "Now our family has meat only for one or two meals per week." A VnExpress survey of livestock farms at the end of June found that the price of live pigs had crossed VND60,000 per kg, a slight increase from previous days. The majority of farmers said the price has increased because the cost of animal feed has increased. Prices of new born pigs have also increased by 20 percent compared to two months ago. According to the Organization for Economic Cooperation and … [Read more...] about As prices rise, Vietnamese fork out less for pork

Representatives of 29 tourism businesses from Ha Noi, HCM City and the north-central region signed agreements to link tourism development on July 1 in Nghe An Province. — VNA/VNS Photo Van Ty Tourism links would boost activity in each locality, contribute to the promotion of local tourism brands in the domestic market and enhance the competitiveness of Vietnamese tourism in the international market, vice chairwoman of the HCM City People's Committee Phan Thi Thang said at a recent forum on linking tourism development. The forum was held in Nghe An Province last Friday to foster tourism links between Ha Noi, HCM City and six north-central provinces of Nghe An, Ninh Binh, Thanh Hoa, Ha Tinh, Quang Binh and Quang Tri. Phan Thi Thang said besides tourism links within the north-central region, the six provinces needed to boost tourism cooperation with key tourism regions, and create unique tourism products. “With experience in developing tourism linkages with other regions, HCM … [Read more...] about Ha Noi, HCM City foster tourism links with north-central region

The booster shots are expected to help extend protection against subvariants BA.4 and BA.5. Vietnamese Prime Minister Pham Minh Chinh has urged localities and organizations to accelerate the delivery of booster doses of Covid-19 vaccines to all adults and children to prevent infection of the disease. In a document sent to localities and organizations on July 2, Chinh said the new sub-variant of Omicron (BA.5) has been detected in Vietnam, increasing the risk of the disease outbreaks again, emphasizing that the administration of the booster shots has been slow, and action must be taken to speed up the process. An old woman is vaccinated against Covid-19 in Hanoi. Photo: Chi Kien "Vietnam's vaccination campaign has been basically successful, but the speed of the injection of booster doses for adults has been slow recently. There is no shortage of Covid-19 vaccines, so provinces and cities should accelerate vaccinations following the prime minister's … [Read more...] about Public urged to get booster shots against Omicron subvariants

Illustration. (Photo: VNA) HCM City (VNA) – Ho Chi Minh City ’s Consumer Price Index ( CPI ) edged up 0.91 percent in June , with nine out of 11 groups of goods and services recording an increase in prices, the municipal Statistics Office reported. Prices of transport services soared 3.89%, largely due to a 7.18% spike in petrol prices after they were revised up three times in June. Those of gas and other energy products, meanwhile, declined 6.09%, the office said. Prices of food and dining services picked up 1.05% during the month. Those of rice, a major component of food, grew 0.57% on the back of low supply as the Winter-Spring harvest nears end. Prices of foodstuff surged 1.27% last month, with the growth seen in various products, such as fresh, dried and processed vegetables (4.47%), eggs (2.59%), confectionery (1.65%), poultry meat (1.58%), and fresh and processed fruits (1.54%). House rental rates went up 1.64% while construction materials and water … [Read more...] about HCM City’s CPI picks up 0.91% in June

High prices High prices are making Vietnamese seafood products uncompetitive in the 15 member states of the Regional Comprehensive Economic Partnership Agreement (RCEP), which came into effect this year. Tran Le Dung, First Secretary in charge of the Vietnam Trade Office in Malaysia, said that in Malaysia, Vietnamese seafood products are sold at prices higher than those of Chinese and Thai products of the same kind. The Vietnam Trade Office connected Vietnamese sellers of dried fish and tuna with Malaysian importers of these products but transactions between them failed due to price disagreement, Dung said. The trade office representative said that although it has a small population, Malaysia has a high demand for seafood, and is not only a member of the RCEP but also participates in many free trade agreements (FTAs). These factors mean that successful penetration of this market will enable Vietnamese seafood businesses to access many other markets in the bloc. Price has become … [Read more...] about High price hampers Vietnam’s seafood exports to Asia-Pacific markets