May 24 is one of Bulgaria’s most important days honoring the country’s traditional and modern cultural values, honoring teachers, students, and training institutions with great contribution to the establishment and development of Bulgarian education sector. The day is also to commemorate Bulgarian brothers Kiril and Metodi who created Slavic alphabet being used by around 20 countries in the world. Speaking at the ceremony, the Bulgarian Ambassador to Vietnam Marinela Petkova affirmed the significance of the celebration of the Bulgarian Culture and Education and Slavic Language Festival in Vietnam. She emphasized the important role of knowledge, education and cultural exchange in building long-lasting friendship among countries. Evaluating the bilateral relationship, the Bulgarian diplomat said that the efforts of leaders of the two countries in maintaining political dialogues and promoting the partnership in line with their potential, demand and strengths are clear proof of the … [Read more...] about Bulgarian Culture and Education and Slavic Language Festival observed in Vietnam
Russia recalls ambassador
“Vietnamese runners are my second family”: Timor Lester athlete at SEA Games 31
The Timor Leste runner has bagged two silvers in the men’s 5,000m and 10,000m competitions at the Hanoi-hosted SEA Games 31, setting new regional records for his country’s sports delegation in this event. Felisberto de Deus, after finishing second in the men’s 10,000m event, waved a small Vietnamese flag while wrapping himself in his homeland’s banner in celebration of his achievement. Felisberto de Deus waves a small Vietnamese flag while wrapping himself in his homeland’s banner in celebration of his achievement. Photo: Hoang Linh The moment of the 23-year-old athlete holding hands and running together with Vietnamese gold and bronze medal winners Nguyen Van Lai and Le Van Thao, respectively, is considered the most impressive image for Vietnamese and Southeast Asian fans at the sporting event. It was the striking demonstration of SEA Games 31slogan: For a Stronger Southeast Asia. Hanoi-hosted event highlights sportsmanship Though the exciting … [Read more...] about “Vietnamese runners are my second family”: Timor Lester athlete at SEA Games 31
This year’s economic growth target of 6 percent-6.5 percent huge challenge
Deputy Prime Minister Le Van Thanh speaks at the third session of the 15th National Assembly On the morning of May 23, at the opening session of the third session of the 15th National Assembly, Deputy Prime Minister Le Van Thanh delivered a report on an additional assessment of the results of the implementation of the socio-economic development plan and the state budget in 2021 and that in the first months of 2022. Regarding additional results in 2021, the Government stated that 5/12 targets failed to meet the set goal. For instance, the gross domestic product growth rate reached 2.58 percent compared to the target of about 6 percent. Plus, GDP per capita reached US$3,680 against the target of $3,700, the contribution of total factor productivity to growth is about 37 percent compared with the target of 45 percent-47 percent, and the percentage of poor households with a multidimensional approach decreased by 0.52 percentage points compared to the target of 1-1.5 percentage … [Read more...] about This year’s economic growth target of 6 percent-6.5 percent huge challenge
Rubber producers aspire rosy profit picture in 2022
Vietnam posted growth in both rubber export volume and value in the first four months of this year Southern Rubber JSC is set to reach $215.3 million in revenue, up 2 per cent on-year, and $4.39 million in pretax profit, equal to an 83 per cent jump on-year. Similarly, Phuoc Hoa Rubber JSC (PHR) aims to rake in $97.9 million in revenue and $39 million in pretax profit, up 29 per cent and 58 per cent on-year, respectively. Bao Viet Securities JSC assessed that Danang Rubber JSC (DRC) could post a 15 per cent hike in its pretax profit this year. Analysts assumed that in the forthcoming time, Vietnam’s rubber export would cash in on a spike in crude oil price, dwindling supply, plus burgeoning demands in major markets, in which China remains Vietnam’s largest rubber export market. VNDirect Securities JSC estimated that this year, PHR could eye a 156.2 per cent jump in its net profit compared to 2021 thanks to the one-off payment amounting to $39 million from land … [Read more...] about Rubber producers aspire rosy profit picture in 2022
☀️ Morning digest on May 23
Hanoi (VNA) - The following is a list of selected news summaries last weekend by Vietnam News Agency. - Prime Minister Pham Minh Chinh had an online meeting with voters in nine districts of the Mekong Delta city of Can Tho on May 21, ahead of the third session of the 15th National Assembly. Voters at the event expressed their approval of the Government’s drastic and effective measures in COVID-19 prevention and control, and the country’s socio-economic recovery and development. Read full story - Prime Minister Pham Minh Chinh attended a ceremony marking the Central Highlands province of Gia Lai’s 90th founding anniversary held in Pleiku City on May 21 evening. He said Gia Lai should make renewable energy a key economic sector and pay more attention to developing tourism and processing industries. The leader also asked Gia Lai to go towards sustainable development planning, effectively mobilise social resources for infrastructure development, zone off hi-tech farming areas, … [Read more...] about ☀️ Morning digest on May 23
High inflationary pressure put GDP 6.5% growth target at risk: Gov’t
The Government is committed to taking timely measures to ensure macroeconomic stability. The high inflationary pressure amid the recovery of domestic demand is putting Vietnam’s GDP growth target of 6-6.5% for this year at risk. Overview of the session. Source: quochoi.vn Deputy Prime Minister Le Van Thanh gave the remarks at the third session of the 15 th National Assembly held today [May 23]. According to Thanh, the Vietnamese economy has been on a positive recovery track in the first months of 2022 under the new normal. Total budget revenue for the first four months grew by 15.4% year-on-year to VND657.4 trillion ($28.4 billion), while the consumer price index (CPI) expanded by 2.64%, the lowest four-month period growth in the past five years. As of mid-May, credit growth stood at 7.2% against late 2021 and up 17% year-on-year, which showcases the recovery of economic activities, along with greater efforts from the Government to restore discipline … [Read more...] about High inflationary pressure put GDP 6.5% growth target at risk: Gov’t
