Why lunar new year is celebrated

Ambassador Le Thi Tuyet Mai, Permanent Representative of Vietnam to the United Nations, the World Trade Organisation (WTO) and other international organisations in Geneva. (Photo: VNA) Geneva (VNA) - Ambassador Latsamy Keomany, Head of the Lao Permanent Mission to the UN, WTO and other international organisations in Geneva, has extended best wishes to Vietnamese Ambassador Le Thi Tuyet Mai and staff on the occasion of Tet (Lunar New Year) festival. He highly appreciated the efforts of the Permanent Representative of Vietnam to Geneva in participating in UN mechanisms and forums. The diplomat said officials and staff of the Vietnamese delegation will accompany and work closely with the Lao counterparts in Geneva to fulfil the two delegations' missions at the UN and other multilateral forums./. VNA … [Read more...] about Lao mission in Geneva joins Vietnamese counterparts on Lunar New Year festival

Total revenue from tourism activities topped 1 trillion VND (42.6 million USD), the department said. The number of tourists increased dramatically at key monuments, museums, parks, ecological zones, and resorts in the city. Notably, Van Mieu (Temple of Literature) - Quoc Tu Giam (First University in Vietnam) and the Huong pagoda received about 80,000 visitors each. Meanwhile, the Thang Long Imperial Citadel, the Special National Relic of Co Loa, Duong Lam ancient village – the Son Tay ancient citadel received 19,700; 18,000 and 15,000 visitors, respectively. During the holiday, a series of art performances and cultural programs were held at relic sites and tourist attractions, while many new tourism products introduced to attract visitors. According to Director of the municipal Department of Tourism Dang Huong Giang, the agency has paid special attention to inspect the observance of regulations on tourism in tourist areas, aiming to better the quality of services. Source: … [Read more...] about Hanoi welcomes 332,000 visitors during lunar New Year holidays

Prime Minister Pham Minh Chinh offered incense to President Ho Chi Minh and launched the annual New Year tree planting festival at K9-Da Chong relic site, Hanoi’s outlying district of Ba Vi, on January 27, the sixth day of the Year of the Cat. PM Pham Minh Chinh joins in tree planting at the relic site (Photo: VNA) Co-organised by the Ministry of Natural Resources and Environment, the Ministry of National Defence and Hanoi municipal authorities, the tree planting festival started a series of activities nationwide for the programme “For a green Vietnam” with an aim to plant 22.5 million trees this year. Speaking at the event, PM Chinh recalled that 64 years ago, President Ho Chi Minh called on the entire people to respond to the tree planting month which has become a tradition every lunar new year since then. According to him, Vietnam’s forest coverage expanded from 28% in 1990 to over 42% in 2022, absorbing over 70 million tonnes of carbon dioxide. … [Read more...] about Prime Minister launches New Year tree planting festival

Co-organized by the Ministry of Natural Resources and Environment, the Ministry of National Defense and Hanoi municipal authorities, the tree-planting festival started a series of activities nationwide for the program “For a green Vietnam” with an aim to plant 22.5 million trees this year. Speaking at the event, Prime Minister Pham Minh Chinh recalled that 64 years ago, President Ho Chi Minh called on the entire people to respond to the tree-planting month which has become a tradition every lunar new year since then. According to him, Vietnam’s forest coverage expanded from 28% in 1990 to over 42% in 2022, absorbing over 70 million tons of carbon dioxide. The PM highlighted Vietnam's commitment to achieve net zero by 2050 and expressed his belief that the tree-planting campaign 2023 will produce positive achievements, helping the country deliver its commitment and contributing to national development. At the launch ceremony, he joined delegates in planting 3,000 trees at the … [Read more...] about Prime Minister launches New Year tree-planting festival

According to the airport, 91,000 of the passengers flew into Ho Chi Minh City. Of those inbound, 71,000 were on domestic flights. Among around 58,000 flyers leaving HCMC, 39,000 traveled domestically, and the rest flew internationally. Pre Covid-19, the airport’s peak Tet day and all-time record had been only 128,000 travelers. Friday’s record broke the record made the previous day, which was 145,000. It is estimated that more than 3.8 million passengers will have passed through Tan Son Nhat on 27,000 flights by the end of this year’s Tet holiday, up 10% in compared to the pre-pandemic year of 2019. … [Read more...] about Tan Son Nhat airport sets new single-day passenger traffic record

According to the Ministry of Industry and Trade (MoIT), the scale of the Vietnamese retail market is USD 142 billion, which is expected to reach USD 350 billion in 2025, with contribution of 59% to total GDP. Last year, the total revenue from retail sales of goods and services rose 21%, exceeding the target of 8%. A survey by Vietnam Report showed that over 53.8% of total retail firms enjoyed similar and higher business results compared to the pre-pandemic level. Experts held that growth of retail sales is being supported by rise in income and the strong recovery of the tourism sector as well as relevant sectors such as transport and accommodations, as well as the effectiveness of inflation control measures. Particularly, from now to the lunar New Year (Tet) Festival, which falls in late January, consumers are predicted to loosen their wallet dramatically. At the same time, there are signs of vibrant retail activities as many foreign investors have announced their plans to … [Read more...] about Retail market forecast to bustle this year

The VN-Index, which tracks the performance of the Ho Chi Minh Stock Exchange (HoSE), closed above the resistance area of 1,100 points, equivalent to 1,120 points of the VN30-Index, in the last trading week. Although cash flow has not improved much, supply pressure has not put great pressure on the market. The market is expected to continue to be supported and gain points in the next trading sessions. Therefore, investors can still expect the market to expand the uptrend and exploit some short-term opportunities in stocks with positive accumulation background, said Viet Dragon Securities Co. 2022 was an eventful year for the Vietnamese stock market with many records set. After a prosperous 2021, the VN-Index continued to stay at its historic peak for the first three months of 2022. However, the market then declined, putting itself on the list of the worst performers in the world. As of December 27, the benchmark had dropped 34.2% to 1,004.57 points, from the 1,520-point peak … [Read more...] about Positive prospects for Vietnam’s stock market this year

Police check a driver's papers on Highway No 1 in Chau Thanh district, Tien Giang province.(Photo: VNA) Hanoi (VNA) – As many as 152 traffic accidents occurred in the country during the Tet ( Lunar New Year ) holiday, from January 20 to January 26, a year-on-year decrease of 12 cases, according to the Ministry of Transport. The traffic accidents killed 89 people, down three from last year’s holiday, and injured 111 others, up by eight. The majority were road accidents, while there are four railway and one waterway accidents. Road traffic police nationwide punished 21,967 violators with fines totalling 50.4 billion VND (2.1 million USD). They temporarily confiscated 639 automobiles and more than 9,910 motorbikes and withdrew approximately 4,950 driving licences of different kinds. Of all the violators, more than 7,726 people were fined for high blood alcohol content, an increase of more than 6,600 people compared with the last Tet holiday. On waterways, … [Read more...] about Traffic accidents fall during Tet holiday

NA Chairman Vuong Dinh Hue pays Tet visit to NA newspaper and TV channel. (Photo: VNA) Hanoi (VNA) – National Assembly (NA) Chairman Vuong Dinh Hue visited the Dai bieu nhan dan (People’s Deputies) newspaper and the television channel of the NA on January 25 or the fourth day of the Lunar New Year. The chief legislator hailed achievements reaped by the newspaper and the TV channel in 2022, asking their Party Committees and leaders to work harder to create a healthy working environment and ensure policies towards labourers. The two agencies have made reforms and improved the quality and content of their information products, and utilised digital platforms during their operations, he said. The leader stressed that the NA as well as its Standing Committee and press agencies should continue with innovations, and that the development of the two agencies would contribute to successes of the legislature and the nation at large. Editor-in-Chief of the People's … [Read more...] about Top legislator pays Tet visit to NA newspaper, TV channel

NA Chairman Vuong Dinh Hue (C) and representatives of the SAV (Photo: VNA) Hanoi (VNA) - Chairman of the National Assembly (NA) Vuong Dinh Hue made a new-year visit to the State Audit Office of Vietnam (SAV) on January 27, the first working day after the week-long Lunar New Year holiday . (Photo: VNA) The NA leader also commended the SAV on its external activities. The agency has maintained cooperation mechanism with the state audit agencies of Laos and Cambodia, and made important contributions to the Asian Organisation of Supreme Audit Institutions (ASOSAI) and the ASEAN Supreme Audit Institutions (ASEANSAI). financial and budget discipline s. VNA … [Read more...] about NA leader lauds State Audit Office’s crucial contributions