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Hanoi's GRDP growth in the first half of this year shows the economic recovery with the development of many key industries. Hanoi's economy has posted solid growth in the first six months of 2022, director of the municipal statistics bureau Dau Ngoc Hung said at a press conference on June 30. The city's gross domestic product (GDP) has expanded by 7.79% compared to the same period last year, in which, growth in the first and second quarters was 6.02% and 9.49%, respectively, Hung said. He stressed that GRDP growth in the first half of this year is higher than that in the six-month periods in recent years, showing a clear trend of recovery and development quarter after quarter of key industries. In addition, the services sector in the first six months of the year increased by 9.05% year-on-year (with increases of 6.4% and 11.68% in the first and second quarters, respectively) and contributed 5.91 percentage points to the growth of GDP. Director of the Hanoi … [Read more...] about Hanoi’s economy posts solid growth in first half of 2022

Vietnam has posted GDP growth of 7.72% in Q2 this year. (Photo: VNA) Hong Kong (VNA) – The Lianhe Zaobao daily in Hong Kong, China, on June 30 ran an article highlighting Vietnam’s impressive economic growth of 7.72% in the second quarter. It wrote that with export and consumption recovery, the Vietnamese economy rebounded strongly in Q2, with gross domestic product (GDP) increasing 7.72% year on year – the fastest pace in almost 11 years. This is expected to boost the GDP growth in the first half of 2022 to 6.42% from a year earlier, beyond the Government’s 5.5% expectation. The country recorded a growth rate of only 2.04% in the same period last year. Unveiling the statistics on June 29, the General Statistics Office (GSO) of Vietnam stressed that compared to other ASEAN members and countries in the world, this is a relatively high growth rate, and that the country has also maintained macro-economic stability, according to Lianhe Zaobao. The article noted … [Read more...] about Hong Kong daily spotlights Vietnam’s impressive growth

One Mount is the only enterprise in Vietnam to receive a global award from Google Cloud For the past year, One Mount and Google Cloud have worked together to build the largest technology ecosystem in Vietnam. The strategic collaboration sees One Mount leveraging Google Cloud’s open, scalable, secure-by-design, and carbon-neutral infrastructure and services across the Group’s core lines of business in retail and real estate – including products and services like VinShop, VinID, and OneHousing. With VinShop as the local market leader in online and technology-enabled grocers, One Mount has integrated solutions from Google Cloud to digitalise and modernise the entire fast-moving consumer good supply chain in Vietnam. The move has brought great value and solved key pain points for multiple stakeholders, from manufacturers and distributors to grocers and customers. VinShop owns a modern warehouse system, managed and operated by technology The integration has been … [Read more...] about One Mount honoured by Google as Best Partner in Supply and Logistics

On June 30, the project started to revise and select eligible and qualified businesses to receive support packages for the second intake of 2022, running from April 1 to June 30. The USAID IPSC, with a total budget of $36 million, is currently Vietnam's largest private-sector technical assistance project funded by the United States Agency for International Development (USAID). The project aims to support businesses to overcome the pandemic, improve their capacity in governance, technology, financial access, innovation, and market access, and promote a favourable business investment environment. USAID IPSC targets to support 5,000 small and growing businesses. USAID IPSC officially launched and opened registration on January 18. The applicants go through selection processes (the first in April, the second in July, and the third in November), to receive support packages. In 2022, USAID IPSC offers six different support packages for businesses based on overall project … [Read more...] about Hundreds of businesses to receive support from USAID IPSC Project

The Vietnam Office for Seeking Missing Persons (VNOSMP) handed over remains of American soldiers missing in action during the war in Vietnam to the US in a ceremony held at Da Nang International Airport on June 30. A handover of remains of missing US soldiers is held in Da Nang in September 2019. (Photo: VNA) The US side included representatives from the US Embassy in Hanoi and the US Missing in Action (MIA) Office in Hanoi (DET2). The two sets of remains returned to the US side this time were the results of the two countries’ 146th and 147th joint searches from February to June. Examined by both Vietnamese and American forensic specialists in Da Nang, they were found to potentially link to missing US servicemen in Vietnam. They will be sent to Hawaii for further examination. The search for missing US soldiers' remains from the war in Vietnam has been an ongoing humanitarian activity jointly conducted by the Vietnamese and US Governments. This was the … [Read more...] about Vietnam hands over more remains of US soldiers missing in action

Vietnam's international star Nguyen Quang Hai has finally completed a move to Europe, signing with French Ligue 2 side Pau Football Club. Vietnam's international Nguyen Quang Hai (left) poses with his new coach Didier Tholot and jersey, after signing a two-year contract with French side Pau FC on June 26. (Photo of Pau FC) The midfielder has passed a medical and signed a two-year deal that has an option to extend his stay in southwestern France for another year. He has been handed his favourite No 19 jersey, which he wore for both former side Hanoi FC and the national team. “I have had medical tests at Pau Football Club. Everything is good. I have reached all requirements of health," Hai posted on his Facebook on June 29. "The first important step is done. I am an official player of Pau FC from this moment. I am happy and proud. "Thank you all, parents, family, supporters, media and all people who have been accompanying me on my journey. Let's fight!" he … [Read more...] about Quang Hai signs two-year deal with French side Pau FC

Deputy Minister of Justice Nguyen Khanh Ngoc holds talks with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 29. (Photo: VGP) Hanoi (VNA) – Deputy Minister of Justice Nguyen Khanh Ngoc held talks with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 29 to chalk out ways to step up cooperation. Ngoc highly appreciated Furukawa for selecting Vietnam as one of the destinations in his first foreign trip since taking office in October 2021, saying Japan was the first bilateral partner providing technical support for Vietnam in legal and judicial matters, particularly through projects run by the Japan International Cooperation Agency (JICA) in Vietnam since 1996. Japan has been providing Vietnam with assistance in law-making in civil and economic affairs and litigation, as well as capacity building. To further boost the bilateral partnership in the coming time, Ngoc suggested the two sides continue effectively executing … [Read more...] about Vietnam, Japan boost legal and judicial cooperation

Emergency state of erosion in Hau riverbank in recent time On June 30, Chief of the Office of the Standing Steering Committee for Climate Exchange and Natural Disaster Prevention and Control, Search and Rescue of An Giang Province Luong Huy Khanh said that the provincial People’s Committee just signed a decision to announce an emergency state of erosion at two sections in Hau riverbank with a total length of over 800 meters. Previously, on June 23, functional agencies and the People’s Committee of Chau Phuc District had performed a survey to the erosion-prone areas with 104 affected households and four business and production facilities. Amid the emergency situation, the People’s Committee of An Giang Province assigned relevant agencies and the People’s Committee of Chau Phu District to urgently apply measures to prevent and minimize damages from erosion; and promptly arrange forces to monitor the development of erosion, zone places with high eroded risk, install safety … [Read more...] about An Giang announces emergency state of erosion in Hau riverbank

During the conference, Chief of the GDP’s Office Major General Trinh Van Hung briefed delegates on the conclusion of the Central Military Commission (CMC) on the task performance during the first six months of the year and missions for the second half. In addition, preparation for a conference to review Party and political work in the whole military and the GDP’s head Organs task performance in the first half of 2022 was reviewed at the event. Accordingly, reports on the implementation of the Party and political work in the whole military and task performance of the GDP’s head Organs in the first six months of the year have been carefully prepared, in line with the reality and major tasks for 2022 defined by the CMC, focusing on leadership work for the task implementation in the last six months of the years. Concluding the event, General Cuong acknowledged and hailed the GDP’s relevant units for their preparation for the upcoming conferences, asking them to soon finalize related … [Read more...] about GDP chief chairs meeting of leaders

Trade promotion plays a key role for the dairy sector How has the dairy sector recovered from the pandemic? Despite the prolonged pandemic, the domestic dairy market still reached VND113.7 trillion in revenues in 2020 and VND119.3 trillion in 2021. The country produced about 1.77 billion liters of fresh milk in 2021, up 4.5 percent compared to 2020, while powdered milk volume saw positive growth of 13.1 percent year-on-year to 151,500 tonnes. Vietnamese dairy businesses have strengthened trade promotion activities and sought export markets. Currently, Vietnamese dairy products are available in 50 countries and territories. In 2021, the sector had a turnover of nearly US$300 million. Milk is a special product and export markets always put quality at the top. Therefore, Vietnam’s milk and dairy product exports to foreign markets are considered a great success. Tran Van Trung, chairman of the Vietnam Dairy Association What are the opportunities for the dairy … [Read more...] about Dairy sector milks trade agreements for greater opportunities