Vietnam continues to benefit from its broad re-opening strategy, which saw a huge crowd flocking to tourist hotspots in the country and household spending rebound. Vietnam’s economic recovery is gaining momentum despite heightened global uncertainty related to the protracted war in Ukraine, higher commodity prices, and tightening global financial conditions, according to the World Bank. Cargo handling at Dinh Vu port, Haiphong. Photo: Cong Hung In its latest report, the World Bank pointed out the robust growth of industrial production by 9.4% in April, comparable to pre-pandemic rates. Manufactures of apparel, footwear, electronics, electrical equipment, and metal products were the most dynamic sub-sectors, registering double-digit growth rates, it added. However, machinery manufacturing slowed from 26.6% year-on-year in March to only 5.1% in April. This deceleration was related to supply chain disruptions caused by lockdowns in China, which led to a … [Read more...] about Vietnam’s economic recovery gaining momentum
Pokemon sun moon region
Vietnam, Laos boost construction of road linking two capital cities
There should be special mechanisms for economic ties between the two countries. The governments of Vietnam and Laos are closely working on the construction of the Hanoi-Vientiane expressway project that will facilitate sea access to land-locked Laos. Chairman of Vietnam’s National Assembly Vuong Dinh Hue speaks with Vietnamese businesses in Laos on May 15. Photos: Quochoi The information was released by Chairman Vuong Dinh Hue of Vietnam’s National Assembly who is on his three-day visit to Lao starting on May 15. Hanoi-Vientiane expressway, which is being built with funding from Japan, will enable Laos to access the sea in Vung Ang Seaport, Vietnam’s central province of Ha Tinh. Launched in 2016, the 725-km project, with an estimated investment of US$4.5 billion, is expected to boost economic connectivity between the two countries and Thailand’s northeast. Hue said the two countries' economic ties need to be boosted to become commensurate to the strong … [Read more...] about Vietnam, Laos boost construction of road linking two capital cities
Hanoi athletes’ sublime performances win gold medals in dancesport
Four athletes win five of the total six gold medals in the dancesport competition at SEA Games 31. Far exceeding expectations of three gold medals, the Vietnam dancesport team won five out of the six gold medals at the biggest sports event in the Southeast Asia region. At the competition on May 15 at the Long Bien Gymnasium in Hanoi, the Vietnamese dancers vied in the categories of Samba, Cha cha cha, Rumba, Paso doble, Jive, and five Latin dances. Hanoian dance couple Nguyen Trung Kien and Pham Hong Anh won the Samba dance event. They also competed in Cha Cha Cha and Rumba events and with high scores, the dancers won gold medals in Rumba. With three gold medals won by dance athletes Phan Hien and Dang Thu Huong, the Vietnam team achieved five among six gold medals in dancesport. Phan Hien and Dang Thu Huong performed Paso Doble, Jive, and five Latin dances. In both … [Read more...] about Hanoi athletes’ sublime performances win gold medals in dancesport
Hanoi promotes tourism among visitors attending SEA Games 31
The capital city and its neighboring provinces introduce attractive tourist destinations, products, and services to international visitors. Themed “Hanoi - Den de yeu” (Hanoi- Visit It to Love It), Hanoi Tourism Festival 2022 is an opportunity to promote the image of a safe and friendly capital on the occasion of the 31st SEA Games. That is the affirmation of Nguyen Manh Quyen - Vice Chairman of the Hanoi People’s Committee at the festival’s opening ceremony last weekend. Leaders of Hanoi city and delegates visited the tourist booth at the opening ceremony of Hanoi Tourism Festival 2022. Photo: Le Nam Admiring the “technological wall” showing Hanoi’s scenic spots The festival was organized with various new and impressive features. Besides advertising through booths and miniature models of landscapes such as Thang Long Imperial Citadel, Temple of Literature - Imperial Academy, Hoa Lo Prison, and Hanoi’s Old Quarter, among others, the festival also showcases … [Read more...] about Hanoi promotes tourism among visitors attending SEA Games 31
Vietnam, Greece seek to further promote multifaceted cooperation
President Sakellaropoulou lauded the important achievements that Vietnam has made during its struggle for independence and present process of socio-economic development. She affirmed that Greece highly valued the increasingly important role of Vietnam in the region and the world, and hoped to foster cooperation with Vietnam in all fields. The two leaders agreed that the two sides should increase meetings and exchange of delegations at all levels among ministries, sectors and localities as well as the two business communities. They assigned the two ministries of foreign affairs to review and speed up solutions to promote the bilateral partnership. President Phuc took this occasion to thank Greece for providing COVID-19 vaccines to Vietnam. Both sides showed delight that despite impacts from the COVID-19 pandemic, trade between the two countries still increased to 447 million USD in 2021, up 33 percent year on year, and two times higher than the 15 percent growth in Vietnam - E.U. … [Read more...] about Vietnam, Greece seek to further promote multifaceted cooperation
Vietnamese, Cambodian defense ministers hold talks
At the talks, the Vietnamese defense minister expressed his delight at meeting with Tea Banh, Cambodian Deputy PM, Defense Minister and co-chairing the first aforementioned exchange. General Giang emphasized the special significance of the first Vietnam-Cambodia Border Defense Friendship Exchange since the first time the two defense ministries hold a border defense friendship exchange at the defense minister level. More significantly, the exchange is held in this year which is selected to be the Vietnam - Cambodia and Cambodia - Vietnam Friendship Year and marks the 55th anniversary of the establishment of the two countries’ diplomatic ties (June 24, 1967 - 2022), and the 45th anniversary of Cambodian PM Hun Sen’s “Journey to the fall of the Pol Pot genocidal regime” (June 20, 1977 - 2022). The Vietnamese defense chief expressed his emotion when receiving sincere, warm and friendly welcome of the local people and the Cambodian Ministry of National Defense during the activities … [Read more...] about Vietnamese, Cambodian defense ministers hold talks