Jakarta (VNA) - Indonesia's trade surplus hit a record high in April, surpassing its peak in last October amid soaring global commodity prices that boosted exports. The National Statistics Agency (BPS) announced on May 17 that Indonesia had registered a surplus for the 24th consecutive month in April, which had more than tripled to 7.56 billion USD year on year and increased 66 percent month on month. Economists forecast that Indonesia will benefit from rising in global commodity prices due to the impacts of the Russia-Ukraine conflict as revenues from the exports of crude palm oil (CPO), coal, and metal ores are higher than the increase in imports. According to BPS, Indonesia ’s exports reached 27.32 billion USD in April, up 47.76 percent year on year. The mining industry had the strongest export growth, almost doubling year on year to 6.41 billion USD. Meanwhile imports rose 21 percent to 19 billion USD. China remained Indonesia's top export destination, … [Read more...] about Indonesia enjoys largest trade surplus in history in April
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NA Chairman Hue welcomes Greek President
The top Greek leader is on her first official visit to Vietnam. The legislator congratulated Sakellaropoulou as the first female President of Greece, a country with an important position in Europe. Chairman Hue said he believed that the president's visit to Vietnam is an important step, helping to further promote the traditional friendship and multifaceted cooperation between the two countries. He expressed delight that the friendship and multifaceted cooperation between the two countries has been continuously strengthened and developed, which is demonstrated by exchanges of delegations at all levels. National Assembly Chairman Vuong Đinh Hue meets Greek President Katerina Sakellaropoulou in Hà Nội on Wednesday (Photo: VNA/VNS) The cooperation in trade and economy has developed positively, particularly since the Europe-Vietnam Free Trade Agreement (EVFTA) was implemented. Chairman Hue proposed the two countries continue promoting cooperation in areas that are … [Read more...] about NA Chairman Hue welcomes Greek President
Vietnam, U.S. enhance cooperation in searching and collecting martyrs’ remains
The event was attended by former Deputy Chief of the General Department of Political Affairs (GDP) Lieutenant General Le Van Han, Chairman of the association Lieutenant General Hoang Khanh Hung, leaders of the association, representative of the U.S. Embassy in Vietnam, Harvard University, the American Institute of Peace. During the event, the association provided U.S. delegates with information about the search and collection of martyrs’ remains. Accordingly, the association has collected and publicized information of 115,000 martyrs on mass media; helped more than 20,000 martyrs’ families search for the remains of their relatives with more than 200 remains founded; provided free consultation for more than 1,000 DNA assessment cases; and coordinated with localities to move nearly 1,000 remains of martyrs in cemeteries back to their hometowns. Meanwhile, the organization has also helped build 795 gratitude houses and presented nearly 2,400 saving books and 600 scholarships to … [Read more...] about Vietnam, U.S. enhance cooperation in searching and collecting martyrs’ remains
Blue economy model gathering pace
The United Nations Development Programme (UNDP) last week again warned that the ocean is faced with increasing threats and multiple risks posed by climate change, natural disasters, environmental pollution, over-exploitation of natural resources, and unsustainable economic activities. “Global warming and marine litter are threatening marine resources, including widespread bleaching of coral reefs. Globally, an estimated 8-20 million tonnes of plastic enter the ocean every year. In Vietnam, around 2,000 tonnes of plastic waste leaks from the country into the ocean every day. It is estimated that there will be more plastic than fish in the ocean by 2050,” said Caitlin Wiesen, resident representative in Vietnam of the UNDP. The global ocean economy contributes an estimated $3 trillion per year, or about 5 per cent of the world’s GDP and comprises industries ranging from oil and gas, shipping and ports to renewable energy, fisheries, marine ecosystems and tourism. The value of the … [Read more...] about Blue economy model gathering pace