Mekong delta vietnam

At the event. (Photo: VNA) Can Tho (VNA) – Sharing experience in response to challenges arising from new trends in international trade and investment was the focus of a conference held in Can Tho city on November 30. The event, which was jointly organised by the Ministry of Foreign Affairs in coordination with the People’s Committee of Can Tho city and Hanns Seidel Foundation Vietnam, offered an opportunity for the local administration and businesses to take advantage of opportunities from the new trends and create momentum for the Mekong Delta to over difficulties and lay a foundation for sustainable growth in the future. In her remarks, Nguyen Bich Thuy, Deputy Director of the Department for Multilateral Economic Cooperation at the Ministry of Foreign Affairs, said that the COVID-19 pandemic has affected all aspects of the socio-economic life and changed the way the economy and commercial model operate. This caused difficulties in production and business, … [Read more...] about Conference seeks to tackle challenges in international trade, investment

Temperatures will continue falling throughout the day as long as the front lingers, the add. According to the National Center for Hydro-Meteorological Forecasting, 16 northern Vietnam localities recorded temperatures below 15 degrees Thursday morning. At the northern border, Lang Son was the first locality to feel the impacts of the cold front, with temperatures dropping to 11-12 degrees in certain locations, and high-altitude ones like the peaks of Mau Son recording temperatures of 4.5 degrees. Other areas experiencing low temperatures include Trung Khanh in Cao Bang Province at 8 degrees, Dong Van in Ha Giang and Tam Dao in Vinh Phuc at 10 degrees. Five weather stations in Hanoi recorded temperatures of 15-16 degrees. As the cold front continues to impact the region, temperatures are set to fall further, with mountainous areas recording temperatures of below 3 degrees in certain locations, with chances of frost. U.S. weather forecast service AccuWeather estimates Hanoi’s … [Read more...] about Mercury dips to 4.5 degrees Celsius in northern Vietnam

Hoang announced his decision right after Vietnam's 2-1 win against Dortmund, which was considered a tribute match for him after he expressed his feeling that he was no longer fit enough to play for the national team. "The fans often said that I'm tireless and have no lungs. But the truth is I have lungs and every journey has an end. I want to conclude my wonderful journey that is filled with the most beautiful memories," Hoang wrote in a farewell letter. Nguyen Trong Hoang makes a pass in the friendly match between Vietnam and Borussia Dortmund in Hanoi on November 30, 2022. Photo by VnExpress/Hieu Luong Hoang had stopped playing in September last year to treat a herniated disc. After over a year, he returned to the field on October 18 this year and played a few V. League matches before receiving a call up to the national team. Hoang played his first game for the national team in September 2009. In 14 years, he made 73 appearances, only behind Le Cong Vinh with 83 … [Read more...] about Veteran Vietnam midfielder retires from national team after 14 years

This year Vietnam has exposed and corrected violations in these markets to "protect the rights of citizens and businesses," he said at a government meeting Thursday morning. Arrests of real estate and property company leaders allegedly involved in bond fraud have disrupted the bond market in recent months, with many companies buying back their issued bonds in fear of legal entanglement. Businesses have been complaining that they lack access to the credit needed for expansions because bond issuance is no longer a viable fundraising option. Depositors have been withdrawing their money from banks to protect their assets, which makes it difficult for companies to acquire loans. But PM Chinh said that the current crackdown would change these "short-term" problems. He added that three state task forces were now tackling capital issues in the property and bond markets. Minister of Finance Ho Duc Phoc, charged with solving the bond market problem, said earlier that bond issuers … [Read more...] about Vietnam needs to ‘protect’ citizens with market ‘rectifications:’ PM

Chargé d’Affairs Mark Tattersall and six new private sector partnerships . (Photo courtesy of Australian Embassy to Vietnam) Hanoi (VNS/VNA) - Six new private sector partnerships announced under the Australian Department of Foreign Affairs and Trade ’s (DFAT’s) Business Partnerships Platform (BPP) will promote the growth of sustainable carbon markets that deliver significant social and environmental benefits to communities in Vietnam. The six multi-stakeholder partnerships, supported by an investment of 3.3 million USD from DFAT, will leverage more than 3.7 million USD in private sector investment and resources towards improving the enabling environment for carbon markets projects in Vietnam that are able to deliver verifiable and sustainable social and environmental outcomes. The new partnerships will test and trial new approaches within voluntary market frameworks to reduce greenhouse gas emissions, lower carbon market entry barriers for producers, build the … [Read more...] about Australia supports carbon market partnerships in Vietnam

At the event (Photo: VNA) Hanoi (VNA) – The Vietnam Coast Guard (VCG) will hold a friendship exchange in Hanoi from December 8-11 with the participation of 500. Introducing the programme at a December 1 press conference, Major General Tran Van Xuan, Deputy Political Commissar of the force, said the event aims to enhance mutual understanding, build on trust, and create high consensus in cooperation between the VCG and other law enforcement forces at sea of countries in the region, especially neighbouring countries and those with bordering seas. Participating foreign forces consist of those from the Cambodia, China, Indonesia, Malaysia, the Philippines, and Thailand. The exchange is set to feature courtesy calls, bilateral meetings, a conference, a defence exhibition, and a trip to Hanoi’s historical and cultural destinations. Illustrative photo (Source: qdnd.vn) The VCG has so far signed cooperation pacts with equivalent law enforcement agencies of nine … [Read more...] about 500 to join Vietnam Coast Guard’s friendship exchange

Participants pose for a group photo at the event (Photo: VNA) Vientiane (VNA) - The Consulate General of Vietnam in Laos’s Luang Prabang province has coordinated with eight northern Lao provinces to organise a ceremony reviewing the Vietnam-Laos and Laos-Vietnam Year of Friendship 2022. Addressing the November 30 ceremony, Consul General Kieu Thi Hang Phuc said in both nations, the year is bustling with activities across all levels in many fields of politics-diplomacy, defence-security, economy, and culture. She said political, diplomatic cooperation has been strengthened, consolidating the nations’ great friendship, special solidarity and comprehensive cooperation. According to her, the defence-security between northern Lao provinces and Vietnamese border provinces like Thanh Hoa, Nghe An, Son La, and a number of military regions have been well maintained via joint patrols, experience exchange sessions, human resources training, and martyrs’ remains search and … [Read more...] about Vietnam-Laos friendship year experiences myriad activities across fields

An advertisement for corporate bonds. (Photo: baodautu.vn) Hanoi (VNA) - After strong growth in the previous quarter, Vietnam’s currency bond market contracted 0.2% due to a decline in the Government bond market and slower growth in corporate bonds. On an annual basis, the market increased 21.1% to 97.4 billion USD. The information was released in a recent report by the Asian Development Bank (ADB). The country's Government bonds contracted 2% as the outstanding stock of central bank bills fell 70.3% from the previous quarter. Outstanding government bonds reached 67.3 billion USD. Expansion of corporate bonds moderated to 4.1% from the previous quarter, putting the segment at 30.1 billion USD. The report said that aggressive monetary tightening in advanced economies has pushed up bond yields and worsened the downturn of financial conditions in emerging East Asia. Regional currencies fell against the US dollar, equities dropped, and risk premiums widened between … [Read more...] about Vietnam’s bond market contracts amid monetary tightening

In an interview granted to Vietnam News Agency correspondents in Hong Kong, Mr To cited a forecast from the International Monetary Fund that Vietnam’s GDP growth is likely to come in at 7-7.5% this year, leading the five emerging economies in ASEAN, which include Indonesia, Malaysia, the Philippines, Thailand, and Vietnam . With its young population, rapid urbanisation, and abundant workforce, Vietnam is an attractive consumer market. It is also one of the fastest growing e-commerce markets in Southeast Asia. According to Bain & Company, Vietnam’s e-commerce sector has increased significantly in recent years, from 8 billion USD in 2020 to 13 billion USD in 2021 and is expected to hit 39 billion USD by 2025. The ASEAN-Hong Kong Free Trade Agreement, which officially took effect in June 2019, has played a huge role in promoting trade relations between Vietnam and Hong Kong. Localities in Vietnam and Hong Kong have witnessed close economic and trade cooperation over … [Read more...] about Plenty of space for growth in Vietnam’s consumer market

In the first 10 months, the textile and garment industry recorded about 38 billion USD in export value, up 17.2 per cent year-on-year. (Photo: moit.gov.vn) Hanoi (VNS/VNA) - The Vietnam Textile and Apparel Association (VITAS) has set a goal of helping Vietnam's textile and garment industry be more environmentally friendly by 2030. By 2023, the industry plans to reduce energy consumption by 15% and water consumption by 20%. Green growth is an important part of sustainable development. In recent years, enterprises in the textile - garment - footwear industries have paid special attention to this issue. According to Truong Van Cam, VITA's general secretary, a greener textile and garment industry not only contributes to implementing the national strategy on green growth but also fulfils the requirements of large textile and garment import markets in the world, such as the European Union (EU). Vietnamese textile-garment and leather-footwear firms need to improve the … [Read more...] about Vietnam to reduce environmental impact of textile-garment industry by 2030