Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam’s GDP growth reaches 8.02% this year, a record high in the 2011-2022 period as the economy is recovering strongly, General Director of the General Statistics Office (GSO) Nguyen Thi Huong told a press conference in Hanoi on December 29. The agro-forestry-fishery sector expanded by 3.36%, contributing 5.11% to the total added value of the whole economy. The industry-construction sector grew by 7.78%, contributing 38.24% while the service industry rose by 9.99%, making a 56.55% contribution to the economy. About the economic structure 2022, the agro-forestry-fishery sector accounted for a proportion of 11.88%, industry and construction 38.26%, services 41.33% and product taxes, exclusive of product subsidies, 8.53%. With an annual growth of 7.18%, final consumption contributed to 49.32% of the general growth. Asset accumulation rose by 5.75%, contributing 22.59%, while trade in exports, imports and services adding … [Read more...] about Vietnam’s GDP expands by 8.02% in 2022
Young social entrepreneurs yse global 2022 programme
Big shipping firms report record profits
Hai An Transport and Stevedoring Joint Stock Company's after-tax profits were up 90% from 2021 at VND1.050 trillion (US$44.49 million); Petrovietnam Transportation Corp's (PVTrans) was up 39% to VND1.16 trillion; and Vietnam Petroleum Transport's (Vipco) rose by 25 times to VND246 billion. Other logistics firms too reported excellent numbers. Gemadept’s after-tax profits surged by 60% to VND1.15 trillion, its second highest since 2000 when it first publicized financial statements. Vosco’s profits decreased by 0.4% to VND490 billion, but were still the second highest since it listed on the stock market. Vinalines said profits fell by 23% to VND2.5 trillion, but were still second only to 2021. According to data from Freightos, one of the world’s largest freight booking platforms, the cost of sending a container from Asia to the U.S. fell by more than 80% late last year. In the third quarter of 2021 it had been at a record $20,000 per 40-foot container. But thanks to the … [Read more...] about Big shipping firms report record profits
Prime Minister’s visit reflects special ties between Vietnam, Singapore: ambassador
Prime Minister Pham Minh Chinh, his spouse, and a high-ranking delegation of Vietnam are paying an official visit to Singapore from February 8 to 10. Dung said the trip follows the mutual visits by the heads of the two states in 2022, reflecting the special mutual political trust and relations between the countries. Looking back upon achievements in bilateral relations, he said over the last 50 years, especially since the establishment of the strategic partnership 10 years ago, the two countries have enjoyed strong cooperation across the board, from politics, diplomacy, defense, and security to people-to-people exchange. Singapore currently ranks first among Southeast Asian investors and second among global ones in Vietnam. Among the large number of its projects in Vietnam, 11 Vietnam - Singapore industry parks (VSIPs) with total investment of over USD 11 billion nationwide are providing jobs for more than 300,000 people. During the coming trip, he noted, the two Prime … [Read more...] about Prime Minister’s visit reflects special ties between Vietnam, Singapore: ambassador
Taiwanese pop star dances to Vietnamese viral hit
Tsai uploaded the video on Instagram, which shows her dancing to "See Tinh" with friends, in early May, and it was shared widely on social media and forums. Many of her fans downloaded the video as they love her dancing. Tsai's fanpage manager credits "See Tinh" in the caption for the video: "Jolin Tsai’s first show in the new year is a dance to Hoang Thuy Linh’s viral song on Douyin." Douyin is the Chinese version of TikTok. Tsai, 43, is the most successful singer in Taiwan. Dubbed the "Queen of C-Pop", she is considered one of the most influential artists in Chinese pop culture. She's also credited as a key figure in mainstream dance-pop music in China. The "See Tinh" fever is continuing to spread on Douyin and other video platforms in China. For its virality, the Chinese media called it a "superhit." Videos of people using and dancing to this tune have exceeded four billion views. Many people said they feel like this song is everywhere recently. The fans love "See Tinh" for … [Read more...] about Taiwanese pop star dances to Vietnamese viral hit
Businesses in Ho Chi Minh City speed up production to achieve set targets
New momentum For over one week now, more than 94% of businesses in the Southern economic hub has resumed their production with over 95% of workers being back to work after Tet holiday. Workers at Go Vap district-based Joint Stock Company 28.1 under the Corporation 28 of the General Department of Logistics, which specializes in garments making, are working with the highest capacity, focusing on orders from the U.S., Australia, and European countries. Working for the company for more than 21 years now, Nguyen Van Hong from Hai Duong province said that good income and policy offered by the company make him feel secure at work. Despite difficulties facing the garment sector due to COVID-19, his company has ensured orders uninterrupted, so workers have resumed work since the beginning of the lunar New Year. In addition, good Tet welfare policy has helped keep workers attached to the company. Senior Colonel Tran Doan Thoan, Director of Joint Stock Company 28.1 informed that the … [Read more...] about Businesses in Ho Chi Minh City speed up production to achieve set targets