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Read what is in the news today: Health -- The Ministry of Health reported 2,340 new cases of COVID-19 on Tuesday, raising the national caseload to 11,351,563 and marking a new record of daily infections in three months, according to the ministry. Society -- A tropical depression over the East Vietnam Sea has evolved into a storm named Mulan. This is the second storm off the Vietnamese coast this year and is forecast to bring heavy rains to the northern region from Wednesday, according to the National Center for Hydro-Meteorological Forecasting. -- The Ho Chi Minh City Department of Construction proposed on Tuesday an allocation of VND500 billion (US$21.37 million) from the municipal budget for the renovation of 246 old, run-down apartment buildings in the southern metropolis. -- Functional forces on Tuesday imposed fines totaling more than VND26 million ($1,111) on a restaurant in Thu Duc City under Ho Chi Minh City, where a case of methanol poisoning killed two … [Read more...] about Breakfast @ Tuoi Tre News — August 10

The figure included the 885 million USD equity purchase of Korean KEB HANA Bank for 15 percent stake of the Bank for Investment and Development of Vietnam (BIDV) announced on July 22. Since 2018, Vietnam has emerged as a big M&A market in the Southeast Asian region with many big value deals. Total M&A value last year reached 7.64 billion USD, down 25 percent compared to 2017’s record value of USD 10.2 billion. However, if excluding the USD 5 billion deal of ThaiBev’s purchase of Sabeco’s equity in 2017, the 2018’s M&A value still increased by 41.4 percent year-on-year. Dang Xuan Minh, General Director of AVM Vietnam, said foreign investors were seeking opportunities in the consumer goods manufacturing and real estate industries in Vietnam to capitalize on the huge market of more than 96 million people. “At a Bloomberg’s investment conference in Thailand recently, many foreign investors expressed their keen interest in Vietnam’s market and want to seek opportunities … [Read more...] about M&A value reaches USD 5.43 billion in seven months

Making clothes at a garment company in Ha Noi. Clothing is among the top 5 export products to UK markets. — VNA/VNS Photo Viet Nam enjoyed a trade surplus of 3.9 billion pounds (over US$4.7 billion) in the four quarters to the end of March 2022, up nearly 22 per cent over the same period to 2021, reported the UK’s Department for International Trade. The data released early this week showed total trade in goods and services (exports plus imports) between the UK and Viet Nam was 5.7 billion pounds, an increase of 15 per cent year-on-year. During the reviewed period, total UK exports to Viet Nam amounted to 905 million pounds (an increase of 0.2 per cent), of which export of goods accounted for 68.3 per cent at 618 million pounds, up 3 per cent year-on-year, while services were 287 million pounds, making up 31.7 per cent and down 5.3 per cent year-on-year. Major products shipped from the UK to Viet Nam included pulp and waste paper (74.4 million pounds), medicinal and … [Read more...] about Viet Nam records $4.7 billion trade surplus with UK over 12 months

Making clothes at a garment company in Hanoi. Clothing is among the top 5 export products to UK markets. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam Nam enjoyed a trade surplus of 3.9 billion pounds (over 4.7 billion USD) in the four quarters to the end of March 2022, up nearly 22% over the same period to 2021, reported the UK’s Department for International Trade. The data released early this week showed total trade in goods and services (exports plus imports) between the UK and Vietnam was 5.7 billion pounds, an increase of 15% year-on-year. During the reviewed period, total UK exports to Vietnam amounted to 905 million pounds (an increase of 0.2%), of which export of goods accounted for 68.3% at 618 million pounds, up 3% year-on-year, while services were 287 million pounds, making up 31.7% and down 5.3% year-on-year. Major products shipped from the UK to Vietnam included pulp and waste paper (74.4 million pounds), medicinal and pharmaceutical products (71.3 million … [Read more...] about Vietnam records 4.7 billion USD trade surplus with UK over 12 months

Secretary of the Hanoi Party Committee Dinh Tien Dung said that the city had set up a steering committee for building Ring Road No.4 after the National Assembly issued a resolution on the project. As the governing body, the Hanoi Party Committee directed offices to draw up a plan of investment for the road's construction. The plan had been sent to the provinces of Hung Yen and Bac Ninh for comment. Dung asked localities to show determination, solidarity, focus and coordination with ministries and central agencies to implement the project well. According to Deputy Chairman of the Hanoi People’s Committee Duong Duc Tuan, the investment policy for the project was approved by the National Assembly in Resolution No.56/2022/QH15 dated June 16, 2022, with a scale of 112.8km and the total preliminary investment was 85.813 trillion VND (3.68 billion USD). The preparation for the project’s investment and implementation is scheduled to start this year, complete in 2026 and be put into … [Read more...] about Hanoi prepares for 3.7 billion USD Ring Road No.4 project

Vietnamese Foreign Minister Bui Thanh Son (C) at the ASEAN-RoK Foreign Ministers' Meeting. (Photo: VNA) Phnom Penh (VNA) – Vietnamese Foreign Minister Bui Thanh Son joined his ASEAN counterparts in meetings with the US, India, Australia, Canada, New Zealand, the EU, and Russia on August 4 within the framework of the 55th ASEAN Foreign Ministers' Meeting (AMM-55) and related meetings in Phnom Penh, Cambodia . The sides spent a great deal of time reviewed cooperation progress, agreed on future orientations, and exchanged views on regional and international situations. ASEAN proposes its partners maximise advantages brought by strategic and comprehensive partnerships, cooperate with the bloc in community building, and strive for common peace, stability and prosperity. . The countries suggested many extensive and diverse cooperation measures to assist ASEAN in building its community, accelerating recovery, and moving towards sustainable development. These measures covered … [Read more...] about AMM-55: ASEAN, partners review cooperation, agree on future orientations

Hanoi, (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. - President Nguyen Xuan Phuc hosted a reception in Hanoi on August 9 for Lt. Gen. Hun Manet, Deputy Commander-in-Chief of the Royal Cambodian Armed Forces (RCAF) and Commander of the Royal Cambodian Army. The President expressed his hope that Hun Manet’s visit will significantly contribute to the success of the Vietnam-Cambodia Friendship Year 2022 marking the 55th anniversary of the bilateral diplomatic ties (June 24, 1967). Read full story - The same day, Politburo member and permanent member of the Secretariat of the Communist Party of Vietnam (CPV)’s Central Committee Vo Van Thuong also received Hun Manet, who is also a member of the Standing Committee of the Cambodian People’s Party (CPP) Central Committee. Hun Manet said Cambodia will forever maintain and nurture its friendship with Vietnam and strengthen the bilateral partnership to develop amidst the complex global … [Read more...] about ☀️ Morning digest August 10

Senior Lieutenant General Do Can, Deputy Director of the General Department of Political Affairs, chaired the event. At the event, Senior Lieutenant General Do Can reviewed the results of gratitude activities on the occasion of the Wounded and Fallen Soldiers’ Day in 2022. In particular, agencies and units in the whole military strictly embraced and implemented gratitude activities for policy beneficiaries and national contributors as planned, gave consultancy to higher levels and closely coordinated with relevant units to carry out these activities in an effective manner. These activities contributed to raising the material and spiritual life of policy beneficiaries and national contributors. Gen. Can applauded the great efforts and responsibilities of the GDP’s agencies and units in successfully organizing gratitude programs for policy beneficiaries on the Wounded and Fallen Soldiers’ Day. Also, Gen. Can required these agencies and units to fix the shortcomings and promote … [Read more...] about GDP reviews results of gratitude activities

Total revenue from tourism activities in the period is likely to reach 1.36 billion USD, up 3.9 times year-on-year, the department reported. In July alone, the capital city served 1.94 million tourists , earning over 260 million USD. Hanoi’s tourism sector set to welcome 9-10 million visitors this year, including 1.2-2 million foreigners. The city is focusing on developing tourism products of its strength such as cultural and sport tourism, and resort and MICE tourism , while strengthening connection in tourism development in potential areas. It has also paid attention to enhancing communication activities to promote the image of the capital city, its tourism destinations and new products to visitors worldwide./. VNA … [Read more...] about Hanoi serves more than 10.6 million tourists in seven months

Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 10. -The question-and-answer session as part of the 14th session of the 15th National Assembly (NA) Standing Committee started on August 10 with questions on issues under the management of the public security ministry. Opening the session which was broadcast live on national television and radio, NA Chairman Vuong Dinh Hue said that basing on proposals of 58 NA deputy delegations, the NA Standing Committee has chosen two groups of issues for the Q&A session – those under the jurisdiction of the Ministry of Public Security, and the Ministry of Culture, Sports and Tourism. Read full story - Minister of Public Security Gen. To Lam provided more information about the new passport version of Vietnam while fielding questions from full-time lawmakers at the 14th session of the National Assembly (NA) Standing Committee on August 10. He said the granting of the new … [Read more...] about ☕ Afternoon briefing on August 10