As Việt Nam’s growth momentum faces headwinds, with global recovery slowed by the impacts of the pandemic, inflation pressure and a surge in oil prices, National Assembly Deputy Trần Hoàng Ngân talks to Tuổi Trẻ (Youth) newspaper about the need to have appropriate measures to put inflation under control before it’s too late. You have previously proposed using environmental protection and special consumption taxes to control the increase in gasoline prices, why do you persist with this view? Experiences from economic development in Việt Nam and around the world show that high inflation is very dangerous. Therefore, it is necessary to closely monitor the situation and come up with timely solutions. When high inflation occurs, to control it, banks often raise interest rates, which will turn everything upside down and is a very dangerous move for the economy. Therefore, it is necessary to persist in preventing the problem as soon as symptoms of high inflation show. One of … [Read more...] about Expert gives warnings about high inflation, saying immediate solutions needed
Thailands gross domestic product
Viet Nam Dairy 2022 to be held in Ha Noi
A press conference to introduce the Viet Nam Dairy 2022 was held in the capital city on Tuesday. — Photo provided by the event's organisers The third Viet Nam International Milk and Dairy Products Exhibition (Viet Nam Dairy 2022) will take place at the Ha Noi International Exhibition Centre from May 31 to June 4, the event's organisers have announced. Co-organised by Vietnam Dairy Association (VDA) and Vietnam Advertisement and Fair Exhibition JSC (VIETFAIR), the upcoming exhibition will have 200 booths from 150 domestic and foreign exhibitors. Among them will be Vinamilk, Friesland Campina, Nestle, Nutifood, Abbott and Vinasoy. Participated firms will showcase milk and dairy products, ingredients and technology in the dairy industry, processing and packaging lines in the industry, animal feed and veterinary machines, dairy cattle breeds, environment treatment technology, food safety standard management system and other services in the dairy sector. Chairman of VDA Tran Quang … [Read more...] about Viet Nam Dairy 2022 to be held in Ha Noi
Hà Nội greets nearly 31,500 foreign tourists during SEA Games 31
Thailand's sports delegation took a tour around Hà Nội on the hop-on hop-off bus on May 18, 2022, during the SEA Games 31. — VNA/VNS Photo HÀ NỘI — Hà Nội welcomed 700,000 domestic tourists and 31,448 foreigners who visited or participated in events at the recently concluded SEA Games 31, according to the municipal Department of Tourism. As of May 23, the closing day of the regional sporting event, 18 hotels in Hà Nội had accommodated more than 5,600 Vietnamese and foreign delegates, referees, athletes, and reporters. In addition, other accommodation facilities stood ready to welcome tourists travelling to Hà Nội during the Games. Việt Nam has lifted nearly all COVID-19 restrictions, with no mandatory quarantine, negative COVID-19 tests, or vaccine certificate proofs required for foreign arrivals as pre-pandemic visa policies also reinstated from mid-March. The Department of Tourism asked agencies to roll out new tourism products at the capital … [Read more...] about Hà Nội greets nearly 31,500 foreign tourists during SEA Games 31
Hanoi greets nearly 31,500 foreign tourists during SEA Games 31
Hanoi welcomed 700,000 domestic tourists and 31,448 foreigners who visited or participated in events of the recently concluded SEA Games 31, the municipal Department of Tourism announced on May 24. Thai athletes competing at SEA Games 31 tour the Temple of Literature in Hanoi. (Photo: VNA) As of May 23, 18 hotels in Hanoi had accommodated more than 5,600 Vietnamese and foreign delegates, referees, athletes and reporters. In addition, other accommodation facilities stood ready to welcome tourists travelling to Hanoi during the Games. The Department of Tourism asked relevant agencies to roll out new tourism products at the capital city’s famous attractions such as the Hoan Kiem Lake pedestrian zone, Thang Long Imperial Citadel and Bat Trang pottery village. Images of Hanoi and preparations for SEA Games 31 were promoted on the department’s portal and websites on Hanoi tourism as well as TV channels and social media. Director of the department Dang … [Read more...] about Hanoi greets nearly 31,500 foreign tourists during SEA Games 31
Việt Nam Dairy 2022 to be held in Hà Nội
A press conference to introduce the Việt Nam Dairy 2022 was held in the capital city on Tuesday. — Photo provided by the event's organisers HÀ NỘI — The third Việt Nam International Milk and Dairy Products Exhibition (Việt Nam Dairy 2022) will take place at the Hà Nội International Exhibition Centre from May 31 to June 4, the event's organisers have announced. Co-organised by Vietnam Dairy Association (VDA) and Vietnam Advertisement and Fair Exhibition JSC (VIETFAIR), the upcoming exhibition will have 200 booths from 150 domestic and foreign exhibitors. Among them will be Vinamilk, Friesland Campina, Nestle, Nutifood, Abbott and Vinasoy. Participated firms will showcase milk and dairy products, ingredients and technology in the dairy industry, processing and packaging lines in the industry, animal feed and veterinary machines, dairy cattle breeds, environment treatment technology, food safety standard management system and other services in the dairy sector. Chairman of … [Read more...] about Việt Nam Dairy 2022 to be held in Hà Nội
Pharmaceutical industry sees promising propects
A customer buys medicine at a Pharmacity store. The mass opening of new pharmacy chains is expected to boost the pharmaceutical industry's revenue in the next few years. Photo the courtesy of Pharmacity HÀ NỘI The pharmaceutical industry is growing steadily because input costs are stable compared to other industries and businesses are less affected in a high inflation environment. In the first quarter of 2022, according to the business results of the listed pharmaceutical companies, SSI Research Co estimated that the total pharmaceutical revenue of the country increased by 7 per cent over the same period last year, in which the revenue from the pharmacy channel increased by 23 per cent over year-on-year and the hospital channel decreased by 5 per cent year-on-year. SSI Research assesses that the pharmaceutical industry will grow strongly in the future. Pharmaceutical demand will continue to increase until the end of 2022 when revenue from the hospital channel recovers … [Read more...] about Pharmaceutical industry sees promising propects