Vietnamese Deputy Minister of Culture, Sports and Tourism Ta Quang Dong has signed Decision No.1520/QD-BVHTTDL approving a project on the organization of the activities. Accordingly, a Vietnamese Culture Week will take place from August 9-14 in the Cambodian cities of Phnom Penh and Siem Reap featuring the culture, land, people, tourism and education of Vietnam. Art programs, both traditional and temporary, during the week will be staged by Vietnamese artists. The two sides will also sign a cooperation plan in culture and arts for 2023-2027. Meanwhile, a Cambodian Culture Week will be held in Vietnam’s Ho Chi Minh City and southern Tra Vinh province from September 27 to October 2. Source: VNA … [Read more...] about Cultural, art activities mark Vietnam-Cambodia diplomatic ties
Vietnam cambodia holiday
Two Vietnamese tricked to work in Cambodia rescued
Puih Phu, 16, and Puih Thai, 28, were taken back home in La Grai District of Gia Lai Province in the Central Highlands on Sunday. Early this year, they got in touch with Tran Quang Quyet, 21, a native of the region’s Kon Tum Province, on Facebook. Quyet offered to help them get decent jobs with high salaries in Cambodia. However, once they arrived in Cambodia, they were forced to do all the hard work while their employers frequently beat them with rods and power cables. They were also threatened to be sold away or killed. Struggling to survive, Puih Thai asked to be sent home. The people who had tricked and sold him to Cambodia requested him to contact his family and pay bail of VND90 million ($3,854). Through his family, border guards in Gia Lai launched a special operation to track down the human trafficking ring, rescuing both Thai and Phu. Border guards have collaborated with police to expand the operation. The Ministry of Foreign Affairs announced last week that … [Read more...] about Two Vietnamese tricked to work in Cambodia rescued
European businesses positive about Vietnam’s prospects for green growth
The Business Climate Index is the leading indicator of the European business and investment community in Vietnam. European businesses in Vietnam expressed their positiveness about Vietnam’s prospects for green growth, according to the latest Business Climate Index (BCI) released by the European Chamber of Commerce in Vietnam (EuroCham) and YouGov Vietnam. CEOs of European businesses gather an event in Ho Chi Minh City last April. Photo: EuroCham According to the BCI, nearly 80% of participants said their assessment of Vietnam’s green development potential improved from the first quarter of this year. About 44% of the respondents have good and excellent outlook regarding the potential for Vietnam’s green and sustainable development. Regarding the link between green growth and foreign-direct investment (FDI), nearly 90% of the respondents believed Vietnam should accelerate green sector development to attract more foreign investment. EuroCham Chairman Alain … [Read more...] about European businesses positive about Vietnam’s prospects for green growth
Vietnam to solidify macro-economic stability: PM
Vietnam’s economy has performed well amid a difficult global environment in the first six months of the year. The Vietnamese Government would stay focused on stabilizing macro-economic conditions, containing inflation, and keeping all major balances intact. Overview of the meeting. Source: VGP Prime Minister Pham Minh Chinh gave his conclusion at the monthly Government meeting held today [July 4]. According to Chinh, Vietnam’s economy has performed well amid a difficult global environment in the first six months of the year. Chinh highlighted the GDP growth of 7.72% in the second quarter, the highest second-quarter growth since 2011, and the six-month GDP growth of 6.42%. Such half-year growth rate is even higher than the pre-pandemic one. (6.38% in the 2016-2019 period). In this context, 44 out of 63 provinces/cities posted economic growth of over 6%, which showed a consistent recovery level among localities, he said. Other positive factors include … [Read more...] about Vietnam to solidify macro-economic stability: PM
Business Climate Index in Vietnam drops: EuroCham Vietnam
EuroCham President Alain Cany In comparison to the first quarter of 2022, European investors' confidence in Vietnam's growth potential has decreased. Approximately 60 percent of respondents predict that Vietnam's economy will stabilize or improve in the third quarter of 2022, while this figure was 69 percent the previous quarter. Around 45 percent of survey respondents said they were very satisfied or satisfied with Vietnam's efforts to attract and retain foreign direct investment (FDI), while 76 percent expect their company to raise capital. FDI into Vietnam before the end of the third quarter. However, regarding Vietnam's green growth prospects, 79 percent of business leaders said their assessment of Vietnam's green development potential has improved. Nearly 90 percent of respondents think that Vietnam should strengthen the development of the green sector to attract more foreign investment. The survey also identified barriers to European investment in Vietnam and trade … [Read more...] about Business Climate Index in Vietnam drops: EuroCham Vietnam
Northern Vietnam hit by massive power outages
Around 1 p.m., power went out in Hanoi’s inner districts like Ba Dinh, Cau Giay, Nam Tu Liem, Hai Ba Trung, and Hoang Mai. Nghia, manager of an office building in the Cau Giay District, stated that the power was restored after about 30 minutes. However the voltage spiked to more than 240 kilovolts (kV), causing some electrical equipment to be damaged. The damage is being assessed by building management. An employee of a media company in Hai Ba Trung District reported that while eating lunch at the office, power suddenly went out then came back on and then went out again. The loss of power recurred 10-15 minutes, causing many company equipment to be "turned on and off multiple times." Hanoi University of Science and Technology, located in Hai Ba Trung District, had to announce that "the entire school lost power due to a power grid failure in the city. We hope teachers and students understand for this inconvenience." The power was restored around 2:40 p.m., and normal … [Read more...] about Northern Vietnam hit by massive power outages