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ASEAN Online Sale Day 2022 kicked off on August 8, drawing more than 300 businesses from the region. (Photo: VNA) The three-day event is intended to promote cross-border e-commerce and open up cooperation opportunities for regional firms. Co-hosted by Cambodia – ASEAN Chair 2022, Singapore and Vietnam, the program has two tiers for domestic and cross-border transactions. There are currently 185 enterprises out of the 300 firms that have registered to conduct business in Vietnam. Information about the event as well as the participating businesses is available on its official website at www.onlineasean.com, which has been integrated into ASEAN’s website asean.org. Notably, the Online Dispute Resolution (ODR) will be applied during this year’s program to ensure rights and interests of consumers. Reputable e-commerce businesses and platforms in the ten ASEAN countries will launch a series of special discounts for consumers. Enterprises and platforms will coordinate to … [Read more...] about More than 300 businesses attend ASEAN Online Sale Day 2022

“Thanks to the effective pandemic response and guided by the ASEAN Comprehensive Recovery Framework (ACRF) and its Implementation Plan, we have emerged safer, stronger, and more resilient as a community,” he said at the event, held by the ASEAN Secretariat at its headquarters in Jakarta to mark ASEAN’s 55th founding anniversary. ASEAN trade volumes have returned to pre-pandemic levels and the association’s economy is forecast to grow by 4.9% this year and 5.2% next year. “The entry into force of the Regional Comprehensive Economic Partnership (RCEP) earlier this year demonstrates ASEAN’s pivotal role in contributing to regional peace and growth, bettering the life of our people, and providing opportunities for all.” According to the Secretary General, in spite of these achievements, ASEAN must remain vigilant against the ever present risks to its recovery, including disruptions to the supply of key commodities, rising costs in food and logistics, and the economic slowdown in … [Read more...] about 55th ASEAN Day Celebration solemnly held

In long term, transforming the higher education system will be key to boosting Vietnam’s productivity and helping achieve its goal of becoming a high-income country by 2045. Vietnam’s GDP growth is forecast to surge from an estimated 2.6% in 2021 to 7.5% in 2022, with backing from resilient manufacturing and a robust rebound in services. Overview of the event. Photo: Nguyen Tung Country Director for the World Bank in Vietnam Carolyn Turk revealed the figures at the launch of its bi-annual economic outlook for Vietnam titled “Taking Stock: Educate to Grow” today [August 8]. According to Turk, the global economy has been experiencing a series of very large and negative shocks, including ongoing Covid-19-related disruptions and supply shocks associated with the Russia-Ukraine conflict. In this context, Vietnam’s economy has shown “relative resilience and staged a strong rebound after last year’s Covid-19 induced slowdown,” Turk said. Vietnam’s economic … [Read more...] about Vietnam’s GDP growth set to expand by 7.5% in 2022: World Bank

Vietnamese, who wish to apply for visas, need to bring their new passports and identity cards to verify their place of birth. Spain has recognized that Vietnam's newly issued blue-violet passport includes necessary information required by international regulations, the Spanish Embassy in Hanoi announced on August 8. The notice said the latest move was taken after technical consultation by the Spanish authorities. “However, people who wish to apply for a visa need to bring their new passports and valid identity cards to verify their place of birth,” the Spanish Embassy noted. Spain was the second country to grant visas to holders of the new Vietnamese passport, after Germany. Photo: VGP It also warned that visa granted by Spain to bearers of Vietnam's new passport would not allow their entry into countries that have not accepted the redesigned passport, even if those countries are  Schengen members. Therefore, the embassy recommended that visa … [Read more...] about Spain recognizes Vietnam’s new passport

At the press conference to release the report. (Photo: WB Vietnam) According to the latest economic update by World Bank (WB) for Vietnam, the country’s economy expanded 5.2 percent in Q4 of 2021, and respectively 5.1 percent and 7.7 percent in Q1 and Q2 of 2022. Inflation is projected to average 3.8 percent over the year. Carolyn Turk, WB Country Director for Vietnam, said that the bi-annual report “lays out a set of policy recommendations that could help mitigate the impact of these risks and make the economy more resilient going forward.” Titled “Taking Stock: Educate to Grow”, this edition underlines transforming the higher education system as the key to boosting the country’s productivity and achieving its development goals, in the context where the country re-emerges from the pandemic and into a challenging global environment. The report’s co-author Dorsati Madani said that while Vietnam’s economic recovery had been relatively stable, not all sectors witnessed the same … [Read more...] about Vietnam’s economic growth forecast at 7.5 percent in 2022: World Bank

Biuret, a famous rock band from the Republic of Korea (RoK) will give a solo performance at Rock It and Hifi Saigon restaurant in pricinct 1, Ho Chi Minh City on March 19 th , on its tour of Vietnam . The band was established in 2002 by Hye Won Moon, the lead singer and composer. He is joined by other two members, Jai Hyun Ahn and Gyo Won Lee. Biuret’s first album, released in 2005, won warm response from music lovers in the RoK. The band has so far performed over 600 live shows both at home and abroad. In 2009, Biuret received the Sutasi Award, which was created to seek new music talents in Asia . Source: TPO Translated by Vu Hung … [Read more...] about RoK’s well-known rock band to perform in HCMC