Projected GDPs for ASEAN+3 countries. Vietnam is forecast to be the second fastest-growing economy in the region this year. (Photo amro-asia.org) Hanoi (VNS/VNA) – Vietnam is expected to come out second only to the Philippines in terms of projected GDP for 2022 and on top for 2023, according to a recent Quarterly Update of the ASEAN + 3 Regional Economic Outlook. Specifically, the country was projected to achieve a growth rate of 6.3% this year and 6.5% next year, well above the region-wide figures which were estimated at 4.3% and 4.9% respectively. Compared to the previous update, Vietnamese growth rates were revised downwards to reflect the lower growth forecasts for China and the US, its major trade partners. The country was expected to top the list with growth rates of 6.5% and 7.0% in the April update. “Vietnam is a much more open economy and very exposed to the US and Chinese economies. Because we are expecting reductions in growth rates in these countries and … [Read more...] about Vietnamese economy to perform well: AMRO
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Lao Cai hands over wanted criminal to China
Kim Thanh - Lao Cai International Border Gate - Illustrative image (Photo: VNA) Lao Cai (VNA) – Policemen in the northern mountainous province of Lao Cai on July 5 handed over a wanted criminal to the Chinese side at the Lao Cai International Border Gate. Previously, the Chinese Police sent an official dispatch to exchange information about Liang Lei , born in 1990, residing in Honghe county, Yunnan province, China. In 2019, Liang organised gambling. After being hunted by the Chinese Police, he fled to Myanmar, and then crossed the border to Vietnam in October 2020. He moved to many places in Vietnam and at last hid in Lao Cai. The Investigation Police Agency under Lao Cai’s Department of Public Security found his hiding place, and succeeded in mobilising him to give himself up./. VNA … [Read more...] about Lao Cai hands over wanted criminal to China
Vietnamese studies expert highlights Vietnam’s role in Russia – Southeast Asia ties
Russian Foreign Minister Sergey Lavrov, who is scheduled to visit Vietnam on July 5-6 (Photo: AFP/VNA) Moscow (VNA) - Grigory Lokshin , an expert from the Centre for Vietnam and ASEAN Studies under the Russian Academy of Sciences’ Institute of Far Eastern Studies, has highlighted Vietnam's important role in stable ties between between Russia and the Far East in particular and Southeast Asia. Lokshin made the comment on July 5 while being interviewed by Russia’s Independent newspaper at the outset of Russian Foreign Minister Sergey Lavrov ’s visit to Vietnam. According to the Russian expert, the cooperation in the field of military technology and energy, particularly oil and gas development projects, plays an important role in the bilateral relationship and is always a key topic at working sessions between the two countries' politicians. The Independent newspaper said Lavrov's Asia tour shows that Russia is reorienting its political and diplomatic resources with … [Read more...] about Vietnamese studies expert highlights Vietnam’s role in Russia – Southeast Asia ties
Vietnamese, Belgian parliamentarians seek to boost relations
The meeting between the Vietnam - Belgium and Belgium - Vietnam parliamentary friendship groups in Brussels on July 5 (Photo: VNA) Brussels (VNA) – A delegation of the Vietnam - Belgium Parliamentary Friendship Group is paying a four-day working visit to the European country during which the two sides will share lawmaking experience and discuss scientists’ role in legislative activities. The delegation, led by Nguyen Van Hien - Chairman of the group and Director of the National Assembly Standing Committee’s Institute for Legislative Studies, had a meeting with members of the Belgium - Vietnam Parliamentary Friendship Group in Brussels on July 5. Andries Gryffroy, First Vice President of the Belgian Senate and Chairman of the Belgium - Vietnam Parliamentary Friendship Group, said the visit will help intensify cooperation between the two parliaments as well as the two parliamentary friendship groups. The host official called on both sides to increase all-level mutual visits in … [Read more...] about Vietnamese, Belgian parliamentarians seek to boost relations
Workers’ average monthly income grows 5.3 percent in H1
Office workers withdraw money from an ATM. (Photo: VNA) In particular, workers in the processing - manufacturing industry had average income of VND7.3 million, rising by some VND476,000 year on year, while salary earners saw an increase of VND417,000 in their monthly income to VND7.4 million Pham Hoai Nam, Director of the Population and Labor Statistics Department under the General Statistics Office, told a press meeting in Hanoi on July 6. In the second quarter, all the 21 economic sectors recorded year-on-year hikes in workers’ average income, including mining (VND9.7 million, up 17.1 percent) and processing - manufacturing (VND7.4 million up 12.4 percent). He said during 2019 - 2021, workers’ income in Q2 often declined from the previous quarter since additional earnings coming from year-end extra work and Lunar New Year bonuses are usually paid in Q1. However, the situation was different this year, when the Q2 average income did not decrease but went up both quarter on … [Read more...] about Workers’ average monthly income grows 5.3 percent in H1
Việt Nam attends Premiere Vision 2022 in Paris
Premiere Vision is the largest and most prestigious fair of the textile and fashion industry in France, attracting more than 60,000 visitors and 1,200 international exhibitors. — Photo VNA More than 10 Vietnamese outstanding enterprises have attended the Premiere Vision 2022, an essential event for the entire textile industry, which is taking place from July 5-7 at Paris-Nord Villepinte Exhibition Centre in Paris, France. According to Vietnamese Ambassador to France Dinh Toan Thang the participation of Vietnamese businesses in this fair reflected their desire to promote cooperation with France and other countries, in the context that the two governments are resuming trade relations with the world following severe impacts of the COVID-19 pandemic. According to the ambassador, the Viet Nam-EU Free Trade Agreement (EVFTA) which took effect in August 2020 is an important legal foundation for Vietnamese enterprises in general and of textile ones in particular in conquering the … [Read more...] about Việt Nam attends Premiere Vision 2022 in Paris
