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
H1 2022
Vietnam’s GDP growth set to expand by 7.5% in 2022: World Bank
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
Vietnam’s economic growth forecast at 7.5 percent in 2022: World Bank
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
Vietnam Conference on Earth and Environmental Sciences held in Binh Dinh
At the conference (Photo: VNA) Hanoi (VNA) – The second “Vietnam Conference on Earth and Environmental Sciences” ( VCEES-2022 ) officially opened on August 8 at the International Centre for Interdisciplinary Science and Education ( ICISE ) in Quy Nhon city in the south-central coastal province of Binh Dinh. The Ministry of Science and Technology, ‘Rencontres du Vietnam’ Scientific Association, Vingroup Innovation Foundation (VinIF) and Hanoi University of Science & Technology have supported the organisation of the four-day event. This year’s conference sees the participation of 20 delegates from foreign countries such as France, Japan, Thailand, the Philippines, Indonesia and Malaysia. The participating scientists and students will look into nearly 100 reports on environment pollution, water treatment, hydro-meteorology and oceanography, aquatic science, remote sensing, plastic pollution, waste management, applied environment, along with regional climate … [Read more...] about Vietnam Conference on Earth and Environmental Sciences held in Binh Dinh
Hanoi strengthens tourism cooperation with Central Key Economic Zone
Hanoi is committed to working closely and effectively with Ho Chi Minh City and the Central Key Economic Zone in tourism. The link between Hanoi, Ho Chi Minh City, and the Central Key Economic Zone [comprising five localities of Thua Thien - Hue, Danang, Quang Nam, Quang Ngai, and Binh Dinh] is very important in the tourism development of those localities and the whole country. Nguyen Hong Minh, Deputy Director of the Hanoi Department of Tourism, emphasized the need for closer connection at the preliminary conference on tourism development linkage between Hanoi, Ho Chi Minh City, and the five localities for 2021-2025 on August 8 in Quang Ngai Province. tourism in Hanoi and six cities and provinces have had positive results in the past time. Photo: Sun Group After two years of implementation, despite difficulties due to the Covid-19 pandemic, the city along with other provinces and cities has actively exchanged information, built new orientations in local … [Read more...] about Hanoi strengthens tourism cooperation with Central Key Economic Zone
People and businesses urged to take part in the digitalization: PM
Digitalization is seen as a major instrument for Vietnam to promote an independent and self-reliant economy. Businesses and people should be the main beneficiaries and the driving force for the national digital transformation, so the Government encourages them to take an active part in this process. Prime Minister Pham Minh Chinh at the meeting. Source: VGP Prime Minister Pham Minh Chinh stressed the goal during a meeting of the National Committee on Digitalization today [August 8]. According to Chinh, efforts from Government agencies and localities have been translated into strong progress in Vietnam’s digitalization and contributed to the socio-economic recovery. The prime minister, however, pointed to the incompleted legal environment as the reason hampering the digitalization process, while a lack of investment in digital infrastructure, including the mobile and fixed broadband internet speeds behind the world average, means it has failed to create … [Read more...] about People and businesses urged to take part in the digitalization: PM