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<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/11/1/384839_vna_potal_thu_tuong_pham_minh_chinh_tham_khu_cong_nghiep_ras_laffan_qatar_161705385_7682715.jpeg"/></td></tr><tr><td style="text-align:justify;">Prime Minister Phạm Minh Chính and his wife on Friday visit Qatar Energy-invested Ras Laffan industrial city, Qatar. — VNA/VNS Photo Dương Giang</td></tr></tbody></table>DOHA — Vietnamese Prime Minister Phạm Minh Chính on Friday visited Qatar Energy-invested Ras Laffan industrial city, 80km to the northeast of Doha before wrapping up his official visit to the Middle Eastern country.The industrial complex houses major oil refineries and gas processing facilities, including ORYX GTL, Pearl GTL, and Dolphin. With its enclosed artificial bay spanning 4,500 hectares of water surface, Ras Laffan serves as Qatar's primary liquefied gas production hub and the world's largest LNG export facility.Established in 1996, it initially focused on storing and processing natural gas from the North Field. Over time, growing demand has transformed Ras Laffan into a massive industrial zone, with expanding LNG production facilities.Currently, there are 13 major corporations and companies in the gas sector operating within the complex. Along with industrial facilities, Ras Laffan features Qatar’s top-quality infrastructure facilities such as the Ras Laffan emergency and safety training centre, the Erhama bin Jaber Al Jalahma shipyard, and the Ras Laffan hospital.PM Chính praised Qatar’s innovative thinking, strategic vision and expertise in developing the artificial bay and the specialised industrial complex.As Việt Nam, which boasts a 3,000-kilometre coastline, is developing major seaports and sea encroachment areas, PM Chính proposed Qatar and Qatar Energy in particular cooperate with, invest in and help the country with financial assistance, technology transfer, human resources training, and management expertise in developing similar industrial parks and sea encroachment areas.This was the last activity of the Government leader during his tour to the Middle East for an official visit to the United Arab Emirates (UAE); attendance at the 8th Edition of the Future Investment Initiative and working trip to Saudi Arabia; and official visit to Qatar.PM Chính, his spouse and the high-level delegation of Việt Nam left Doha to return home at noon on the same day. — VNS<table><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/11/1/384850_4997162728775178_wrap.jpg"/></td></tr><tr><td style="text-align:justify;">Prime Minister Phạm Minh Chính and his wife leave Doha, Qatar on November 1, wrapping up their official visit to the Middle Eastern country. — VNA/VNS Photo Dương Giang</td></tr></tbody></table>

PM Chính praised Qatar’s innovative thinking, strategic vision and expertise in developing the artificial bay and the specialised industrial complex.

Vietnamese PM visits Ras Laffan industrial city, concludes Qatar trip

<table><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/11/1/384845_vna_potal_thu_tuong_pham_minh_chinh_hoi_dam_voi_thu_tuong_nha_nuoc_qatar__7680693.jpg"/></td></tr><tr><td style="text-align:justify;">Prime Minister Phạm Minh Chính holds talks with his Qatari counterpart Mohammed bin Abdulrahman bin Jassim Al Thani during his official visit to Qatar from October 30 to November 01, 2024 — VNA/VNS Photo</td></tr></tbody></table>DOHA — Việt Nam and Qatar have issued a joint communiqué on the occasion of Vietnamese Prime Minister Phạm Minh Chính’s official visit to the Middle Eastern country from October 30 to November 1 at the invitation of his Qatari counterpart Mohammed bin Abdulrahman bin Jassim Al Thani.The following is the full text of the joint communiqué:JOINT COMMUNIQUÉ BETWEEN THE SOCIALIST REPUBLIC OF VIỆT NAM AND THE STATE OF QATAR1. At the invitation of His Excellency Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar, His Excellency Phạm Minh Chính, Prime Minister of the Socialist Republic of Việt Nam, paid an official visit to Qatar from October 30 to November 01, 2024, marking the first official visit by a Prime Minister of Việt Nam to Qatar in 15 years.2. With sincerity, mutual trust and understanding, His Excellency Prime Minister Phạm Minh Chính paid a courtesy call on the Emir of Qatar, His Highness Sheikh Tamim bin Hamad Al Thani, held an official talk with Prime Minister and Minister of Foreign Affairs, His Excellency Mohammed bin Abdulrahman bin Jassim Al Thani and called on Speaker of the Shura Council, His Excellency Hassan bin Abdulla Al-Ghanim, and met with the Minister of Communications and Information Technology; the Minister of Labour; the Minister of State for Energy Affairs; Chairman of Qatar Investment Authority (QIA); and Chairman of Qatar Businessmen Association (QBA).3. The two sides noted with satisfaction the achievements of their 30-year bilateral relationship that has been flourishing and expanding across multiple fields. The two sides pledged to promoting the exchange of delegations and contacts at all levels and through various channels, and strengthen people-to-people ties, to further advance the excellent cooperation between Việt Nam and Qatar.4. With a shared vision to further deepen the political trust and elevate Việt Nam - Qatar relationships to a more profound and advanced level, the two sides agreed to work towards upgrading bilateral relations to a more involved, concrete and effective Partnership.5. The two sides consider negotiating bilateral agreements on the areas of, among others, visa exemption, labour, economic and trade to expand their market access. The two sides emphasized the importance of economic, trade, and investment cooperation and recognized the significant potential for collaboration in other sectors such as energy, oil and gas, especially liquefied natural gas (LNG), agriculture, Halal industry, banking, etc. The two sides agreed to strengthen trade and investment activities, with an aim to attract more investment from Qatari funds to strategic investment projects in Việt Nam enhance business connections, and support investors from both sides;6. Both sides pledged to enhance defense and security cooperation and maintain an environment of cooperation and peace in the two regions and the world.7. The two sides recognised the importance of promoting education and training, tourism, and cultural and sports exchange to strengthen people-to-people connections and deepen mutual understanding. Both sides agreed to increase scholarships for each other’s students. In addition, both sides agreed to explore cooperation opportunities in emerging sectors, such as semiconductors, artificial intelligence, cloud computing, clean energy, solar energy, digital transformation, innovative governance, green and circular economy, among others.8. During the visit, the two sides signed a number of bilateral agreements and MOUs to enhance cooperation namely: i) Protocol between the Government of the Socialist Republic of Việt Nam and the Government of the State of Qatar amending the Agreement between the Government of the Socialist Republic of Việt Nam and the Government of the State of Qatar for Air Services signed on 08 March 2009; ii) Memorandum of understanding on cooperation in the field of sports between the Government of the Socialist Republic of Việt Nam and the Government of the State of Qatar; iii) Memorandum of understanding on cooperation in the legal field between the Ministry of Justice of the Socialist Republic of Việt Nam and the Ministry of Justice of the State of Qatar; iv) Memorandum of understanding on cooperation in the field of diplomatic training and education between the Diplomatic Academy of Việt Nam of the Ministry of Foreign Affairs of the Socialist Republic of Việt Nam and the Diplomatic Institute of the Ministry of Foreign Affairs of the State of Qatar; v) Memorandum of understanding between State Capital Investment Corporation and Qatar Investment Authority LLC concerning investment cooperation.9. The two sides exchanged views on international and regional issues of mutual interest and underscored the importance of upholding international law and the United Nations Charter, advocating the resolution of disputes by diplomatic means to maintain peace, stability, and security and promote development at regional and global levels.10. Both sides expressed confidence in the promising future of Việt Nam - Qatar relationships and committed to working closely together to implement the outcomes of high-level visits. Prime Minister Phạm Minh Chính expressed his heartfelt appreciation for the warm hospitality accorded to him and his delegation. Vietnamese Prime Minister conveyed the invitations from His Excellency Tô Lâm, Secretary-General of the Communist Party of Viet Nam and His Excellency Lương Cường, President of the Socialist Republic of Việt Nam to His Highness Sheikh Tamim bin Hamad Al Thani, Emir of Qatar and from His Excellency Trần Thanh Mẫn, President of the National Assembly of Viet NamViệt Nam to the His Excellency Hassan bin Abdulla Al-Ghanim, Speaker of the Shura Council and invited His Excellency Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of Qatar to visit Việt Nam at mutually convenient dates. The invitation has been well received by Qatari leaders.Doha, November 1st, 2024. — VNS

Việt Nam and Qatar have issued a joint communiqué after Prime Minister Phạm Minh Chính’s official visit to Qatar from October 30 to November 01, 2024.

Việt Nam, Qatar issue joint communiqué

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/11/1/384810_4997057298031842_vep.jpg"/></td></tr><tr><td style="text-align:justify;">Ramla Khalidi, United Nations Development Programme (UNDP) and Trần Thị Hồng Minh, President of the Central Institute for Economic Management. — VNS Photo Nhật Hồng</td></tr></tbody></table>HÀ NỘI — Việt Nam continues to demonstrate resilience amid the current geopolitical uncertainties and the pressing impacts of climate change, but concerns remain as the country moves forward, according to Ramla Khalidi, United Nations Development Programme (UNDP) in Việt Nam.She made the remarks at the fourth Việt Nam Economic Pulse (VEP) held in Hà Nội on November 1, which gathered leaders and experts from across government, business and academia to discuss Việt Nam’s evolving policy landscape amid global economic uncertainties, rapid technological change and the intensifying impacts of climate change.Jointly organised by the Central Institute for Economic Management (CIEM - under the Ministry of Planning and Investment) and the United Nations Development Programme (UNDP), the event has become a collaborative annual forum for exploring policy directions resonating with emerging trends in technology and environmental sustainability.The UN official said: “While there is optimism around Việt Nam’s economy, there are also remaining cautions. The experience of successful case studies in Asia suggests that Việt Nam has yet to achieve the focused policy results needed to sustain high rates of economic growth.“Efforts to improve Việt Nam’s economic performance and transformations in the global economy must meet the increasingly stringent environmental requirements.”Addressing the event, CIEM President Trần Thị Hồng Minh said: “Today’s forum underscores our commitment to fostering a resilient, sustainable and inclusive economic pathway for Việt Nam.“As we navigate an increasingly complex global landscape marked by geopolitical shifts and environmental challenges, this platform allows us to chart a forward-looking course, positioning Việt Nam as a leader in green technology, innovation and sustainable growth.”Việt Nam's economy in the period from 2024 to 2025 faces a pivotal juncture, marking the final stages of the 2021-2025 socio-economic development plan, she stressed. The achievement of Việt Nam’s economic goals hinges on outcomes in these two years, saying that concentrated effort during this “drop point” will be crucial.Growth prospectsPresenting Việt Nam’s current economic status and outlook for the next year, Nguyễn Hữu Thọ, director of CIEM Economic Analysis and Forecast Department said the country has regained the growth momentum similar to the pre-COVID period, at a relatively high rate of 6.8-7 per cent.The International Monetary Fund (IMF) also considered Việt Nam’s growth rate this year to be the highest among ASEAN countries, he added.He noted Việt Nam’s deep integration with the global economy, implying that international developments will significantly impact the country’s economic trajectory. Although he anticipates global geopolitical instability, he projects a positive outlook for global economic growth due to a potential recovery in trade and improved inflation control.Domestically, there are encouraging signs within the business sector. Orders for 2024 already show notable improvement over 2023, fostering optimism for increased productivity and enterprise expansion. However, the dynamics of enterprise turnover highlight challenges: for every 100 new businesses entering the market in previous years, 50 left, resulting in a net gain of 50. By contrast, in 2024, 89 enterprises exited for every 100 newcomers, leaving only 11 to carry forward, illustrating the volatility in business retention that may impact Việt Nam's growth objectives.The expert’s insights highlight a balanced outlook for Việt Nam's economy in 2025. Although Foreign Direct Investment is anticipated to remain robust, its economic impact is uneven across Việt Nam, with 74 per cent concentrated in 14 provinces and cities, including Hà Nội and HCM City. This concentration reflects FDI’s focus on import-processing for export, leading to limited direct contributions to domestic growth.Domestically, purchasing power is expected to see little change in 2025, with income levels yet to achieve a breakthrough. However, international tourism is projected to grow, positively impacting GDP growth, although the benefits may vary across regions.Exports are forecasted to perform well, contingent on stable global geopolitical conditions. Rising trade defence measures present a challenge, with an increasing number of trade defence cases per billion US dollars in trade. Infrastructure development, both digital and transport, along with institutional reforms, are seen as significant contributors to Việt Nam's economic resilience in the coming year. Accordingly, inflation is expected to remain controlled and GDP growth could surpass 2024 by up to 0.4 per cent.Reform neededTo sustain economic momentum, the Central Institute for Economic Management (CIEM) emphasises institutional reform, focusing on reducing business conditions and administrative procedures. By 2030–2040, it aims for a stable institutional framework to minimise frequent amendments. For resource allocation, CIEM recommends prioritising emerging and resilient businesses, such as those returning to the market or producing import-substitute goods, to maximise growth support in a resource-limited environment.However, there is an increasing disparity between the domestic and the FDI sectors from 2010 to 2024, meaning the domestic economy is not adequately robust to expand its presence in international markets.So challenges remain and the domestic economic sector, for instance, lacks the strength to expand significantly in international markets. While structural shifts toward modernisation are underway, progress is slower than anticipated. Furthermore, key economic hubs —Việt Nam's 'economic locomotives'—have shown signs of slowing down. To sustain momentum into 2025, the economy will need notable advancements and strategic progress, experts told the forum.Meanwhile, the structural transition towards modernisation (increasing proportions of industry and construction sectors) is happening at a slower pace than expected.Entering 2025, FDI, export and infrastructure are projected to be the highlights of Việt Nam’s economy. International forecast agencies also predict that inflation will be well-controlled, while the country should boast a growth rate equal to or at 0.2-0.4 per cent higher than 2024.Perfecting institutions, mobilising resources, developing infrastructure and devising support policies for business and export are part of the key recommendations for economic growth going forward, the CIEM representative said.Domestically, purchasing power is expected to see little change in 2025, with income levels yet to achieve a breakthrough. However, international tourism is projected to grow, positively impacting GDP growth, although the benefits may vary across regions.At the event, experts also discussed Việt Nam’s readiness for green transition and how to leverage international environment standards for the country’s competitive exports, as well as enhancing efficiency, productivity and technological advancements to bolster Việt Nam’s long-term economic performance. — VNS

The fourth Việt Nam Economic Pulse (VEP) on Friday gathered leaders and experts from across government, business and academia to discuss the evolving policy landscape amid global economic uncertainties, rapid technological change and the intensifying impacts of climate change.

Việt Nam shows resilience amid global challenges, but much work remains to be done: experts

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/10/18/381853_6711dd7f52397.png"/></td></tr><tr><td style="text-align:justify;">Nineteen corporations and parent companies under the Commission for Management of State Capital at Enterprises (CMSC). — Photo nhipsongkinhdoanh.vn</td></tr></tbody></table>HÀ NỘI — Pre-tax profit of parent companies of 19 corporations and parent companies under the Commission for Management of State Capital at Enterprises (CMSC) is estimated to reach VNĐ50.36 trillion (US$2.08 billion) in the first nine months of the year. This figure exceeds the annual target by 20 per cent.Information from the CMSC shows that the total revenue of parent companies of 19 corporations and parent companies, including EVN and Vietnam Airlines, is estimated at VNĐ971,593 billion in the first nine months of this year, up 15 per cent over the same period, achieving 83 per cent of the annual plan.The value of payment to the State budget is estimated at nearly VNĐ63 trillion, equivalent to the same period and exceeding the plan by 15 per cent.The total consolidated equity is estimated at over VNĐ1.5 quadrillion by the end of last month. — VNS

The pre-tax profit exceeds the annual target by 20 per cent.

Nineteen State-owned enterprises estimate pre-tax profit of over $2 billion

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/10/18/381863_4985056560850396_5f337092b5000c5e5511.jpg"/></td></tr><tr><td style="text-align:justify;">Delegates at the seminar on "E-commerce Trends in the World and Implications for EU-Vietnam Trade" on Thursday. — VNS Photo Ly Ly Cao</td></tr></tbody></table>By Ly Ly CaoHÀ NỘI — While the European Union presents a vast cross-border e-commerce market, the participation of Vietnamese businesses exporting to Europe through international trading platforms remains significantly lower than in other markets.E-commerce is reshaping global trade dynamics, especially post-COVID-19, according to a report released at a seminar called 'E-commerce Trends in the World and Implications for EU-Vietnam Trade' organised by the Vietnam Institute for Development Strategies and the Konrad-Adenauer-Stiftung Institute Vietnam (KAS) on Thursday.While the global trade growth rate has been declining, averaging only 2-5 per cent annually in the past few years and even dropping by 1.3 per cent in 2023, e-commerce has experienced a rapid surge, with an average growth rate of around 20 per cent following the pandemic, according to the report.Online retail sales now constitute 20 per cent of total global retail sales -- up from 17 per cent in 2019 -- and are projected to reach 24.5 per cent by 2025, with cross-border transactions contributing significantly to global e-commerce revenue (22 per cent).The EU stands as the world's third-largest e-commerce market, according to the report. The percentage of internet users in the EU engaging in online shopping has risen from 66 per cent in 2018 to 76 per cent in 2023.After three years of the EU - Việt Nam Free Trade Agreement (EVFTA), trade between Việt Nam and the EU has seen notable progress. Export growth to the EU averaged 8.1 per cent from 2021 to 2023, while Vietnamese businesses are successfully venturing into e-commerce with the EU."The EU and Việt Nam have made significant strides in promoting bilateral trade through the EVFTA. E-commerce serves as a powerful tool to leverage this agreement, fostering increased trade and mutual benefits," said Florian Feyerabend, KAS Resident Representative.“We anticipate that new trade trends, particularly e-commerce, will further strengthen and accelerate trade relations in the near future,” he added.The region offers diverse online platforms benefitting Vietnamese businesses, especially SMEs. Major EU e-commerce markets like Germany, France and Italy are witnessing a surge in cross-border online trade.Yet, at present, the participation of businesses exporting to Europe via international trading platforms lags far behind other markets.For instance, out of over 10,000 Vietnamese businesses using e-commerce platforms like Amazon for exports, a mere 10 per cent target the European market.The main hurdle stems from the EU's high demands regarding strict quality standards, environmental considerations and a more intricate purchasing culture, along with stringent legal barriers. Additionally, Việt Nam’s support policies for businesses remain ambiguous, the report showed.To expand the presence of Vietnamese businesses in the EU e-commerce market, the report suggests the Government implement tailored incentives for cross-border e-commerce businesses on trading platforms while enhancing programmes to help businesses take advantage of the EVFTA through e-commerce, fostering connections between Vietnamese and European enterprises.It is also necessary to establish comprehensive national standards for origin tracing systems, improve legal frameworks for source verification and boost cross-border trade activities, logistics operations and investments in cross-border logistics development.Sita Zimpel, project director of ASEAN SME II at GIZ, said that Vietnamese enterprises looking to tap into the fast growing e-commerce market need to observe strict compliance requirements, particularly the emerging imperative of ethical business conduct.“Transparency and traceability are key obligations for sellers, while platform responsibility, which includes countering illegal products also from abroad, is equally crucial,” she added. — VNS

The EU offers diverse online platforms benefitting Vietnamese businesses, especially SMEs. Major EU e-commerce markets like Germany, France and Italy are witnessing a surge in cross-border online trade.

Unleashing Vietnam - EU e-commerce potential

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/10/18/381849_4985015861149312_vpbank%20(2).jpg"/></td></tr><tr><td style="text-align:justify;">Customers conduct transactions at VPBank's headquarters in Hà Nội. VPBank's shares (VPB) led the decliners on Friday. — VNA/VNS Photo</td></tr></tbody></table>HÀ NỘI — The stock market closed the week with a slight decline, marking four out of five sessions of losses for the week, while foreign investors continued their selling streak for a sixth consecutive session.On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,285.46 points, down 1.06 points or 0.08 per cent.Market breadth on the southern bourse was negative, with 182 stocks declining, 121 advancing and 61 remaining unchanged. Liquidity slightly decreased to VNĐ15.3 trillion (US$606.3 million).The VN30-Index, which tracks the top 30 stocks by market capitalisation on the HoSE, also fell by 0.2 points, or 0.01 per cent, to close at 1,362.69 points. Within the VN30 basket, 13 stocks declined, 12 advanced and five remained unchanged.The market’s decline was driven by large-cap stocks in the financial and manufacturing sectors, with Vietnam Prosperity Joint Stock Commercial Bank (VPB) seeing the steepest drop, falling 1.67 per cent and contributing nearly 0.7 points to the VN-Index's overall decrease.This was followed by losses from Hòa Phát Group JSC (HPG), down 1.1 per cent and Vietnam Joint Stock Commercial Bank For Industry And Trade (CTG), which fell 0.82 per cent.However, some key stocks helped to offset the market’s losses, led by Sai Gon Thuong Tin Commercial Joint Stock Bank (STB), which rose 2.75 per cent, contributing nearly 0.45 points to the VN-Index.Finance experts from Việt Dragon Securities noted: "Liquidity remains at a good level, indicating an improvement in cash flow and efforts to support the market. The current support signals may help the market test supply around the 1,290 – 1,300-point range in the near term. However, selling pressure at this level is expected to remain high, potentially leading to volatility."Therefore, investors should monitor supply and demand dynamics around resistance levels to assess the market's condition. It is advisable to prioritise stocks showing strong cash flow signals from support bases, while still considering opportunities to restructure portfolios during rebounds to mitigate risks."On the Hà Nội Stock Exchange (HNX), the HNX-Index also closed lower on Friday, dropping 0.4 per cent to 229.21 points.During the session, nearly VNĐ1.1 trillion worth of shares were traded, with a total trading volume of over 66 million shares on the northern market.Foreign investors extended their net selling streak, with net sales amounting to over VNĐ157 billion on the HoSE. — VNS

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,285.46 points, down 1.06 points, or 0.08 per cent.

Market ends week with slight dip

<table><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/10/11/380263_techsauce.jpg"/></td></tr><tr><td style="text-align:justify;">Techsauce Global Summit 2024 in HCM City, themed “Unleashing Southeast Asia’s Tech Potential,” was co-organised by Techsauce and KBTG Việt Nam on October 10. — VNS Photo Hồng Linh</td></tr></tbody></table>HCM CITY — Unleashing Southeast Asia's tech potential involves not only adopting technology but also unlocking people's creativity and ambition to build a sustainable digital economy for the region, said Thanussak Thanyasiri, Managing Director of KBTG Việt Nam at a summit in HCM City.The event, Techsauce Global Summit 2024 in HCM City, themed “Unleashing Southeast Asia’s Tech Potential,” was co-organised by Techsauce and KBTG Vietnam on October 10.The event aimed to promote a sustainable digital economy in the ASEAN region by connecting businesses with technology organisations worldwide and enabling SMEs and startups to grow.The event presented an overview of the startup landscape in Việt Nam, addressing issues related to high-tech human resources and the latest technology trends through 10 discussion sessions with experts.It also showcases the potential arising from the close collaboration between the technology ecosystems of Thailand and Việt Nam.Experts said that Việt Nam is a highly promising environment for startups and foreign businesses to invest in, especially for Thailand, with a population of nearly 100 million and a large high-tech workforce.In particular, collaboration between businesses from Thailand and the Vietnamese workforce is highly beneficial, as both countries share many cultural similarities.Additionally, the Vietnamese government is actively promoting digital transformation, encouraging the adoption of technology across various economic and social sectors.Additionally, experts are discussing technological solutions in the fields of fintech, healthtech, and especially artificial intelligence (AI).The experts also highlighted some of the impacts of AI on the labour market in the region and the career opportunities it presents in Việt Nam. VNS

Unleashing Southeast Asia's tech potential involves not only adopting technology but also unlocking people's creativity and ambition to build a sustainable digital economy for the region, said Thanussak Thanyasiri, Managing Director of KBTG Việt Nam at a summit in HCM City.

Technology summit promotes sustainable digital economy in Việt Nam

<table><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/10/11/380299_kieu%20bao.png"/></td></tr><tr><td style="text-align:justify;">A conference was held in HCM City on October 11 to launch the project “Effective policies to make use of remittance in HCM City until 2030” with the participation of many overseas Vietnamese. — Photo nld.com.vn</td></tr></tbody></table>HCM CITY — HCM City is focusing more on attracting remittance from overseas Vietnamese into the city’s socio-economic development through many policies, including issuing bonds for infrastructure projects.A conference was held on October 11 to launch the project “Effective policies to make use of remittance in HCM City until 2030” with the city’s agencies and overseas Vietnamese.According to the HCM City Committee for Overseas Vietnamese, HCM City recognises remittance as an important resource that plays a big role in the city’s socio-economic development, so there have been many policies to encourage overseas Vietnamese to send money back to the country, such as no income tax on foreign currency remittances from overseas Vietnamese.The committee said that it has worked with relevant agencies and organisations to research and build the project, including with the HCM City People’s Committee, the State Bank of Việt Nam's branch in HCM City, the city’s departments, Việt Nam’s embassies in countries with high amounta of remittance to Việt Nam, overseas Vietnamese businessmen, experts and others.This is to create policies that better attract remittance into the city’s production activities.HCM City officially approved the project on September 26, and assigned tasks to departments and localities to carry out the project.The HCM City Committee for Overseas Vietnamese will preside over the implementation of the project, and it has to advise the city on solutions to direct the usage of remittance to serve its socio-economic development, such as into development projects for culture, education or health; real estate; bonds; production activities; and others.It will also launch a database of overseas Vietnamese who can help strengthen HCM City’s exports to other countries.Meanwhile, departments and relevant agencies will propose and advise HCM City in issuing bonds to attract remittance to invest into infrastructure works, while encouraging labour exporting businesses to find new export markets for labourers, among other tasks.Nguyễn Đức Lệnh, Deputy Director of the State Bank of Việt Nam's branch in HCM City, said that the banking sector is focusing on good policies to maintain remittance attraction into the country, ensuring a growth rate of 10 per cent every year.It is also improving the quality of remittance payment services and consulting service for remittance receivers on how they can invest their money.According to the HCM City Committee for Overseas Vietnamese, the effective utilisation of remittance is a strategic mission of HCM City and an opportunity to make use of the strengths of the overseas Vietnamese community for the city’s development.<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/10/11/380298_remittance.png"/></td></tr><tr><td style="text-align:justify;">Remittance to HCM City in the first nine months of the year reached nearly US$5.5 billion. — Photo tuoitre.vn</td></tr></tbody></table>​In the first nine months of 2024, remittance into HCM City reached nearly US$5.5 billion, up 10.4 per cent year-on-year.Chargé d'affaires Nguyễn Đức Minh at the Vietnamese Embassy in Japan, where over 600,000 Vietnamese live, said that many Vietnamese in Japan pay great attention to the topic of remittance, and that the embassy will help Vietnamese people there have a better understanding of the investment opportunities that arise from this project.Trần Bá Phúc, chairman of the Vietnamese Business Association in Australia, said that Việt Nam’s banks should work with their counterparts in Australia to facilitate remittance transfer and bilateral trade.Representatives of Vietnamese embassies in other countries said that more and more overseas Vietnamese want to contribute to the country, so HCM City should work closely with them to provide detailed information on remittance attraction policies. VNS

HCM City is focusing more on attracting remittance from overseas Vietnamese into the city’s socio-economic development through many policies, including issuing bonds for infrastructure projects.

HCM City to effectively utilise remittance for development

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/10/12/380372_biosecurity.jpg"/></td></tr><tr><td style="text-align:justify;">A biosecurity expert speaks at the Biosecurity Asia Forum held in HCM City on October 10. —VNS Photo</td></tr></tbody></table>HCM CITY — A proactive approach to biosecurity, involving applying biosecurity measures to prevent, control, and eliminate pathogens, is far more effective in protecting herds, experts said at the Biosecurity Asia Forum held in HCM City on Thursday.The forum, organised by the Department of Livestock Production under the Ministry of Agriculture and Rural Development, featured a panel of experts who addressed important issues that will help make a difference in the fight against disease.Topics under discussion included best practices to minimise the risk of the introduction and spread of diseases, practical information to develop and implement a comprehensive and integrated biosecurity plan for individual operations, and steps to manage a disease outbreak.Experts also discussed a biosecurity checklist to identify, manage, and protect against potential disease risks and develop a mindset and culture to increase the adoption of biosecurity practices.Livestock, poultry, and aquaculture producers and supply chain firms from feed mills to processing plants attended the forum to get information on how to protect their business and the industry by implementing effective biosecurity measures to minimise the introduction and spread of diseases.More than ever, devastating disease outbreaks, such as African swine fever, foot-and-mouth disease, avian influenza, and white spot syndrome in shrimp have made clear the importance of effective biosecurity programmes that prevent, control, and eradicate infectious diseases, experts said.Furthermore, reducing disease is key to decreasing the need for antimicrobials like antibiotics, thereby minimising antimicrobial resistance.Over the past decade, the livestock industry has maintained an annual growth rate of 5-7 per cent, according to the Department of Livestock Production.In 2023 alone, despite difficulties due to the impact of the global economic downturn, decreased consumption, diseases, and complex climate change, the livestock industry still grew by 5.7 per cent.The total production value of the livestock industry contributes 26 per cent to the agricultural GDP and more than 5 per cent to the country’s GDP.The ratio between household farming and concentrated farming is 55 per cent and 45 per cent, respectively.The output of livestock products certified by VietGAHP (Vietnamese Good Animal Husbandry Practices) accounts for only 15 per cent.“Everyone working in the industry needs to be aware of the potential for disease outbreaks, it is a shared responsibility for all stakeholders,” said Rose Chitanuwat, regional portfolio director – ASEAN, Informa Markets.In response to the increasing threats posed by diseases in livestock and aquaculture in Việt Nam, Informa Markets continued to support a proactive approach to biosecurity with the forum.The Biosecurity Asia Forum is part of Vietstock Expo &amp; Forum 2024 organised by Informa Markets in HCM City from October 9- 11. —VNS

A proactive approach to biosecurity, involving applying biosecurity measures to prevent, control, and eliminate pathogens, is far more effective in protecting herds, experts said at the Biosecurity Asia Forum held in HCM City on Thursday.

Forum discusses biosecurity measures in livestock, aquaculture

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/10/4/378826_IMG_0147.jpg"/></td></tr><tr><td style="text-align:justify;">Bến Tre Province awarded investment registration certificates for projects at a conference held on October 3. — VNS Photo Nguyễn Diệp</td></tr></tbody></table>BẾN TRE — The Cửu Long (Mekong) Delta province of Bến Tre has approved six projects with a total capital of nearly VNĐ8 trillion (US$322 million).The province awarded investment registration certificates for these projects at an conference held on Thursday within the framework of the 2024 Bến Tre Province’s Investment Promotion Conference themed "Bến Tre - Eastern vision and sustainable development potential" from October 2 to 3.Permanent Deputy Prime Minister Nguyễn Hoà Bình attended the conference and highly appreciated the efforts of the province’s entire political system for organising this annual event.“It helps mobilise huge resources to promote the province's rapid and sustainable development goals in the coming time,” he said.The province has achieved important results, including the continued growth of economic sectors, improved infrastructure, positive results in building new rural areas, and improved lives of residents.“Most notably, the province’s investment environment is becoming more open and favourable,” he said.It has consistently ranked among the top 10 provinces and cities nationwide with the best performance in State management capacity, and has become a reliable destination for investors.With an important position in the Mekong Delta region, it owns favourable conditions and advantages to develop, especially in marine economy, renewable energy and eco-tourism.It is one of the major suppliers of agricultural and aquatic products for HCM City and the region.“It still has a lot of room, potential and opportunities to reach a breakthrough in development,” he said.He urged the province to make more improvements, focus on improving the investment environment, simplifying administrative procedures, eliminating unnecessary licences, calling for resources for development, enhancing inter-provincial connectivity, promoting economic transformation and restriction, and developing key sectors.“It needs to pay attention to start-up incubation, investment and development, and developing large-scale enterprises,” he said.Developing high-quality human resources and vocational education associated with demand, as well as promoting research and the application of science and technology, digital transformation and innovation are also needed.He also asked investors to have a long-term investment plan in the province, strictly comply with local policies, and contribute to local socio-economic development.The provincial People's Committee chairman Trần Ngọc Tam said the province has called on investment for 32 priority projects by 2023 in the fields of industry, infrastructure construction, industrial parks and clusters, petrol and gas, tourism, urban and residential areas, agriculture and rural areas, the environment, and port infrastructure.“The conference provides a list of projects given priority for calling for investment, as well as preferential policies for investors,” he said.It also creates an opportunity for local businesses to introduce themselves, seek opportunities for investment cooperation, expand production and business markets, he said.The province is offering investment incentives for secondary investment projects such as exemption land leasing fee for three to 11 years, a leasing duration of a maximum of 50 years, and corporate income tax exemption or a 10-50 per cent reduction.It now is home of 330 projects, including 67 projects with foreign direct investment and 263 domestic projects. On this occasion, the provincial People’s Committee signed MoUs with 23 investors with a total estimated capital of more than VNĐ300 trillion ($12 billion) to develop projects in many fields. — VNS

The Cửu Long (Mekong) Delta province of Bến Tre has approved six projects with a total capital of nearly VNĐ8 trillion (US$322 million).

Bến Tre to unlock potential for investment attraction

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/10/4/378831_4972914467871894_vnm.jpg"/></td></tr><tr><td style="text-align:justify;">The milk carton production line of Vinamilk in Bình Dương Province. VNM shares of this dairy producer led the decliners on Friday. — VNA/VNS Photo</td></tr></tbody></table>HÀ NỘI — The stock market registered its third consecutive decline on Friday, while liquidity dropped sharply and foreign investors returned to net selling.The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed the day at 1,270.6 points, down 7.5 points or 0.59 per cent, marking its third consecutive day of decline.On the southern bourse, market breadth was negative, with 216 stocks declining, 94 advancing and 50 remaining unchanged. Liquidity plummeted to VNĐ13.7 trillion (US$552 million), marking a 40 per cent drop compared to the previous session.The VN30-Index, which tracks the top 30 stocks by market capitalisation on the HoSE, also fell by 10.25 points or 0.76 per cent to close at 1,336.21 points. In the VN30 basket, 22 stocks declined, five advanced and three remained unchanged.Leading the market’s downturn were large-cap stocks in the financial and manufacturing sectors, with the Vietnam Dairy Products Joint Stock Company (VNM) posting the steepest decline in market capitalisation, dropping 2.56 per cent and contributing nearly 0.9 points to the VN-Index's overall decrease.This was followed by the Vietnam Joint Stock Commercial Bank For Industry And Trade (CTG), which declined by 1.66 per cent, and the Vietnam Rubber Group - Joint Stock Company (GVR), which fell by 1.83 per cent.However, the market's losses were mitigated by gains in some key stocks, led by PetroVietnam Gas Joint Stock Corporation (GAS), which rose by 1.1 per cent, contributing over 0.4 points to the VN-Index.Experts from the Việt Dragon Securities noted: "Liquidity declined compared to the previous session, indicating a cautious state between supply and demand. Despite this hesitation, the market once again dipped below the 1,290-point mark due to supply pressure from the psychological resistance zone at 1,300 points. This signal could increase the market's risk.""It is expected that the market will continue to test supply and demand around the 1,290-point region before giving a clearer signal," the experts added. "Therefore, investors should slow down and observe market movements to reassess conditions. In the meantime, consider using this rebound to restructure portfolios to minimise risks."On the Hà Nội Stock Exchange (HNX), the HNX-Index also dropped by 0.29 per cent, closing at 232.67 points.During the session, a total volume of nearly 54 million shares worth more than VNĐ1.1 trillion were traded on the northern bourse.Foreign investors resumed their net selling trend, with net sales amounting to over VNĐ573 billion on the HoSE. — VNS

The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed the day at 1,270.6 points, down 7.5 points, or 0.59 per cent, marking its third consecutive decline.

Market ends the week with third consecutive decline

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/10/4/378789_4972754414471550_character%20licensing.jpg"/></td></tr><tr><td style="text-align:justify;">Students get hands-on experience with toys that aid intellectual development at the exhibition. — VNA/VNS Photo Dương Chí Tưởng</td></tr></tbody></table>BÌNH DƯƠNG — Character licensing was the focus of a trade exhibition that took place in the southern province of Bình Dương on Thursday.The Việt Nam–Korea Character Licensing Festival 2024 (VKCLF 2024) was organised by the Korea Creative Content Agency in Việt Nam (KOCCA) and the World Trade Center Bình Dương New City.A character (or brand) licence allows the promotional use of logos or images, including famous film and cartoon characters, on products for consumers.The trade fair aimed to help Vietnamese businesses in Bình Dương, which hosts several industrial parks, explore new growth directions, especially those based on creativity and copyright.It was an opportunity for them to learn from the booming character industry in South Korea, which has become a strong pillar of the East Asian economy, with globally famous imagery of the traditional dress hanbok, South Korean foods, Korean pop (K-pop) and famous artists.Speaking at the event, KOCCA Việt Nam Director Seong Im Kyeong said: “With Bình Dương’s modern infrastructure and commitment to developing the iconic character industry, I believe we can achieve successes and expand cooperation in this field.“This is not only an opportunity for over 100 Vietnamese and South Korean businesses to meet, but it also serves as a platform for experts and managers to discuss the challenges and opportunities in building an innovative economic model in the region.“The development of the character licensing industry is considered part of a long-term strategy to create a creativity-based economy and promote sustainable growth in Bình Dương.”Fifteen companies from South Korea took part in the exhibition, showcasing unique and creative products made with images of iconic characters in their country. — VNS

The industry could be a new growth direction for businesses based on creativity and copyright.

Character licensing a new business model for Bình Dương

<table><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/9/27/377199_real%20estate.jpeg"/></td></tr><tr><td style="text-align:justify;">Abandoned villas in an urban area in Hà Nội. The Ministry of Construction has proposed tax to be imposed on owners of more than one real estate properties in an effort to prevent speculation. — VNA/VNS Photo</td></tr></tbody></table>HÀ NỘI — The Ministry of Construction has proposed tax to be imposed on owners of more than one real estate property in an effort to prevent speculation, according to the ministry’s recent report to the Government Office about real estate prices.The proposal was raised as <a href="https://vietnamnews.vn/opinion/1660970/land-law-serves-as-tool-to-make-real-estate-market-more-transparent.html">real estate</a> prices have been increasing dramatically since the beginning of this year.In some recent land auctions, winning prices were several times higher than initial prices, which significantly affects socio-economic growth and the healthy development of the real estate market.In Hà Nội, prices of apartments or independent houses in several districts like Tây Hồ, Hai Bà Trưng, Ba Đình and Hoài Đức also skyrocketed compared to the market demand.Prices of apartments were reported to increase by up to 6.5 per cent in the second quarter of this year. Some projects saw strong increases in prices of around 28 to 33 per cent over the same period. However, the ministry said that the increase was only short term and started to slow down in the second quarter, because the number of transactions fell by 30 per cent on high prices as home-seekers kept watching rather than making purchase decisions.The ministry’s report pointed out that speculation by some investors, speculators and brokers pushed up real estate prices recently. Buying and selling for illegal profit is becoming more common, along with many other tricks that are distorting the market, the ministry said.This is not the first time the idea of taxing those who own more than one real estate asset has been raised.The Việt Nam Association of Real Estate Brokers recently proposed imposing tax on owners with more than one real estate property or those who own abandoned properties.The Ministry of Finance said that it is studying a draft law on real estate tax.To stabilise the real estate market, the Ministry of Construction also proposed a pilot project to create a State-managed centre for real estate and land ownership transactions to prevent real estate trading companies and brokers from distorting the market.Management and inspections will also be tightened, the ministry said. — VNS Photo

The Ministry of Construction has proposed tax to be imposed on owners of more than one real estate property in an effort to prevent speculation, according to the ministry’s recent report to the Government Office about real estate prices.

Ministry proposes tax on owners of more than one real estate property

<table><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/9/27/377283_Mr%20Ph%C6%B0%C6%A1ng.jpg"/></td></tr><tr><td style="text-align:justify;">Nguyễn Nguyên Phương, deputy director of the HCM City Department of Industry and Trade, speaks at a conference held to review the first six months of the Cooperation Programme on Goods Quality Control in HCM City on September 26. — Photo courtesy of hcmcpv.org.vn</td></tr></tbody></table>HCM CITY — HCM City will expand the Cooperation Programme on Goods Quality Control to ensure that all products sold by all retailers meet the highest quality and safety standards and have a “Responsible green tick" label, according to its Department of Industry and Trade.Speaking at a conference to review the first six months of the programme on September 26, Nguyễn Nguyên Phương, the department’ s deputy director, said there were concerning reports about mass food poisoning incidents in the city and agricultural export shipments being rejected due to quality issues.So last year the city launched the programme to foster the production of safe and sustainable foods by encouraging voluntary proactive participation by all actors in the supply chain and raising accountability.It is one of the first steps in building a truly sustainable supply chain to serve Vietnamese consumers and promote exports products to demanding markets, he said.Under the programme, producers are encouraged to voluntarily improve quality control processes and detect and prevent defective products from reaching consumers, he said.Retailers then cooperate in controlling product quality and preventing low-quality products from entering the market based on voluntary spirit.They also prioritise distributing products that have earned the "Responsible green tick."The department said eight major modern retail networks, Saigon Co.op, Satra, AEON, MM Mega Market, Central Retail, Bách Hóa Xanh, Wincomerce, and Kingfood Market, are part of the programme .At the conference, representatives of the eight retailers provided feedback to help improve the programme.Võ Thị Bích Thủy, deputy director of Saigon Co.op's quality management department, said Saigon Co.op has strict quality control everywhere in the process from raw material areas to circulation within the system.The retailer has signed agreements with 23 suppliers to build a sustainable supply chain as part of the programme, she said, adding that it has encouraged other suppliers to take part in it.Products involved in the programme have the green tick label, and price boards also feature the green tick to help consumers easily identify them, she said.<table><tbody><tr><td style="text-align:justify;"><img alt="" src="http://image.vietnamnews.vn/uploadvnnews"/></td></tr><tr><td style="text-align:justify;">Businesses from other provinces and cities meet with distribution systems in HCM City at the Supply-Demand Connection Conference being held in HCM City.— VNA/VNS Photo</td></tr></tbody></table>Vũ Dương Quân, head of the retail management board at Satra, said the company has informed its suppliers about the progamme.To encourage their participation in it, it offers them free display space for products with the green tick and has organised product sampling events to introduce and promote them to consumers, he said.Despite designating separate shelves for products with the green tick, the limited number of such products means they do not attract significant consumer attention, he said, pointing out that stronger marketing is needed to reach more businesses and consumers.A MM Mega Market executive said given the growing consumer focus on health and food safety, the initiative has both commercial and social significance.But the programme requires the collective efforts of suppliers, distributors, consumers, and regulatory agencies.Retail businesses and distributors said since the programme only began recently the number of signees remains modest.To increase participation, there must be close cooperation between all stakeholders and more promotion of the programme, they said.In addition, relevant agencies need to offer detailed guidance on the labeling process and the management of the "responsible green tick" label, they said.Phương said the department would coordinate with other provinces and cities to expand the programme there and build a data system, evaluation standards and a common set of criteria for all suppliers.The ultimate goal is to ensure that all products in the market satisfy the highest level of quality control and food safety, he said."Products entering the eight distribution systems, whether they have the green tick or not, will be removed from the system if they violate quality standards.“HCM City prioritises high-quality products and rejects low-quality ones. If businesses don’t have the green tick, they are essentially jeopardising their own opportunities." — VNS

HCM City will expand the Cooperation Programme on Goods Quality Control to ensure that all products sold by all retailers meet the highest quality and safety standards and have a “Responsible Green Tick" label, according to its Department of Industry and Trade.

HCM City reviews consumer product quality control programme

<table><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/9/27/377201_4966690778826820_hung%20yen%20investment2.jpg"/></td></tr><tr><td style="text-align:justify;">The circuit board production line of Mektec Manufacturing Co Ltd in Thăng Long II Industrial Park in Hưng Yên Province. Developing high-tech industries is one of the province's focus until 2030. — VNA/VNS Photo Duong Giang</td></tr></tbody></table>HƯNG YÊN — There are several factors that make Hưng Yên Province a prime destination for domestic and foreign investors, but five stand out.They are the geographical advantages, good technical infrastructure, cost efficiency, abundant human resources and a transparent and open investment environment.According to Nguyễn Hữu Nghĩa, Secretary of the Hưng Yên Party Committee, the province is located in a strategic position in the rapidly developing Red River Delta, with a close proximity to the capital city of Hà Nội.It has strong socio-economic infrastructure, including transportation, trade, services and logistics, which connects conveniently to Nội Bài International Airport, Hải Phòng International Port, and major economic, trade, and industrial centres nationwide.The province also has a rich cultural heritage that preserves the nation’s historical values, having once been a major economic hub, and a skilled, diligent, and intelligent workforce.Nghĩa said Hưng Yên currently hosts 17 industrial parks spanning nearly 4,395 hectares, which are being developed with modern, standardised infrastructure, ready to meet the needs of global investors and high-tech industrial projects.The number of industrial parks is expected to increase to 30 by 2030, covering 9,540 hectares.The province is focusing on developing a synchronised industrial ecosystem, particularly in specialised industrial parks, eco-industrial parks, high-tech industrial parks and supportive industries.It also aims to create a comprehensive living ecosystem – including new urban areas, housing, healthcare, education, cultural, sports, and entertainment facilities – to meet the diverse needs of experts, leaders, business managers and workers."Hưng Yên’s authorities are committed to continuously creating a safe, transparent, and efficient investment environment and improving provincial competitiveness to ensure that the province is truly a safe destination and the most reasonable choice for investors,” Nghĩa said.“All of our reform efforts aim for three ‘bests’: the most convenient, safest, and most efficient investment environment, to the satisfaction of businesses and investors."Recently, at a conference announcing the planning of Hưng Yên for the period 2021-30, the province’s authorities granted investment registration certificates and decisions approving investment proposals for 24 projects, totaling US$764.07 million in various sectors, including industrial park infrastructure, urban areas, e-commerce, logistics, furniture, and mechanical components.Among the projects awarded certificates are several notable ones with large investments, such as the Hưng Yên Alpha Logistics Park project, with a total registered capital of over $114 million; a project to build modern factories, warehouses, offices, and auxiliary facilities by a Singaporean investor ($77 million); a food production and processing project by Acecook Vietnam ($87.7 million); and a project to develop and operate infrastructure at the Thổ Hoàng Industrial Park ($125,800).<table><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/9/27/377194_4966679736610726_hung%20yen%20investment1.jpg"/></td></tr><tr><td style="text-align:justify;">Prime Minister Phạm Minh Chính (centre) and Minister of Planning and Investment Nguyễn Chí Dũng (far right) give Hưng Yên authorities the Government decision approving the province's development plan until 2030 in July. — VNA/VNS Photo Dương Giang</td></tr></tbody></table>This year, Acecook Việt Nam continued to choose Hưng Yên for its second food production project. Its factory is set to go into operations by the second quarter of 2027, providing jobs for over 2,000 people.CEO of Acecook Việt Nam Kaneda Hiroki said: “We are genuinely impressed with Hưng Yên for its geographical position, and a highly-skilled workforce that meets the our company’s production and business needs.“The simplification of administrative procedures in Hưng Yên has significantly supported our business development, which is one of the reasons we choose the province for further investment.”Vinhomes JSC has launched two apartment complex projects in Hưng Yên, which are the Đại An Urban Area and the Dream City Eco-Urban Area.The company’s chairman Phạm Thiếu Hoa said Hưng Yên has made significant investments in infrastructure development, with the largest number and scale of projects to date.Key projects include the Ring Road 4 that connects Hưng Yên and Bắc Ning provinces with Hà Nội, an expressway that connects Hà Nội and Hải Phòng City, and the Cầu Giẽ–Ninh Bình highway.“The province has also focused on attracting investors to develop urban infrastructure to address housing issues for residents, experts, and workers, as well as upscale shopping and entertainment venues,” he said.The master plan for Hưng Yên’s development until 2030, approved by the Prime Minister, aims to transform the province into a modern industrial hub, with a leading economy and development level in the country.The province's development approach is focused on rapid and sustainable growth, making breakthroughs in the speed and quality of economic growth, said Trần Quốc Văn, chair of the Hưng Yên People’s Committee.To achieve these goals, Hưng Yên will continue to enhance the investment and business environment, ensuring transparency and convenience, removing barriers that limit business freedoms, and ensuring healthy and equal competition, he said.“The province will continue to attract private and foreign investment into prioritised sectors, as well as large investment projects that utilise modern technology from multinational corporations, major investors, and businesses in the global supply chain,” he added.“We also aim to develop environmentally friendly, high-tech industries with low carbon emissions, alongside the fundamental industries to serve the country’s development.” — VNS

The master plan for Hưng Yên’s development until 2030, approved by the Prime Minister, aims to transform the province into a modern industrial hub, with a leading economy and development level in the country.

Five reasons to invest in Hưng Yên

<table><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/9/20/375719_4960815188813050_ds.jpg"/></td></tr><tr><td style="text-align:justify;">Party General Secretary and state President Tô Lâm receives Cuban Ambassador to Việt Nam Orlando Nicolas Hernandez Guillen in Hà Nội on Thursday. — VNA/VNS Photo Trí Dũng</td></tr></tbody></table>HAVANA — The upcoming State visit to Cuba by Tô Lâm, General Secretary of the Communist Party of Việt Nam (CPV) Central Committee and State President, is important and of great significance, stated Cuban Ambassador to Việt Nam Orlando Nicolas Hernandez Guillen.The Vietnamese top leader is a great friend of the Cuban people, Party, and Government, he added.The visit is very special, as it will be the first by a top leader of the Party and State of Việt Nam to Cuba, the diplomat told Vietnam News Agency ahead of the visit.He said that during the visit, the two sides are expected to reach important agreements in the Party aspect, contributing to promoting the relations between the two Parties.The Cuban diplomat held that delegation exchanges and meetings through the Party, parliament, and government channels will have positive impacts on the relationship between the two countries as well as important cooperation areas.On the threshold of the visit, an inter-parliamentary meeting is held between the two sides with the participation of a vice chairman of Việt Nam's National Assembly (NA) and the President of the National Assembly of People's Power of Cuba, as well as leaders of NA committees on economy, politics, and society of the two sides.The outcomes of the meeting are expected to make direct contributions to the top Vietnamese leader’s visit, said the Cuban diplomat.Noting that Lâm's entourage will include officials from the Ministry of Agriculture and Rural Development of Việt Nam, he held that important agreements will be reached in the field.The two sides also hope to further strengthen cooperation in various fields such as economy, trade, locality-to-locality collaboration, external relations and diplomacy.The diplomat said that the visit will mark a historically significant moment. Cuba was the first country in the western hemisphere with which Việt Nam established relations.Throughout the course of history, Việt Nam and Cuba have stood by each other's side and supported each other through difficult and complex moments, and fought common enemies. This is evidence of the special brotherhood between the two nations through the past 65 years.During the COVID-19 pandemic, the two sides promoted their mutual support by providing each other with supplies, medicine and vaccines.For many years, Việt Nam has been an important partner in Cuba's economic opening policy. Việt Nam has been the biggest investor and second largest trade partner of Cuba in Asia, said the ambassador, expressing his hope that new investment cooperation deals will be reached in the future.Meanwhile, Việt Nam is the only country outside the Latin American region that Cuba has signed an agreement on trade preferences, promoting the presence of Vietnamese products in the Cuban market, and facilitating the sale of Cuban medical products as well as other traditional ones such as rum and cigarettes in the Vietnamese market.The two sides have signed a medium-term bilateral economic economic agenda, while launching the intergovernmental committee mechanism, and increasing exchanges in political and legal fields.The strengthening of relations between the two parliaments, the two Ministries of Justice, and the two Supreme Courts has created favourable conditions for the two sides to exchange experience in areas that play a key role in bilateral ties.Regarding the political relations between the two Parties, Ambassador Hernandez Guillen said that the two sides have organised theory conferences to increase experience exchange on Party building. Việt Nam and Cuba share many similarities, he said, explaining that the two countries are on the same development path under the leadership of the Communist Parties and face many challenges, both internal and external.Bilateral cooperation in culture has also been promoted, he noted, revealing that one of the first activities to mark the 65th anniversary of the Việt Nam-Cuba diplomatic relations will be an art programme performed by the Cuban National Ballet.The Cuban side plans to bolster exchange with Việt Nam at all levels from schools, organisations and women’s unions to various fronts, with an aim to diversify activities to celebrate this special occasion, the diplomat added.He affirmed that all the agreements reached by the two sides across all fields aim to strengthen bilateral ties and learn from each other’s experience.Amid the current complicated world situation with threats from all aspects, Cuba and Việt Nam have shared common viewpoints on the world's most pressing issues, the ambassador stated, emphasising that this visit will show the world that the two countries always support each other to face today's increasingly complex international challenges. — VNA/VNS

The visit is very special, as it will be the first by a top leader of the Party and State of Việt Nam to Cuba.

Vietnamese top leader’s Cuba visit of historical significance: Cuban Ambassador

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/9/20/375709_4960803501962684_ungadfrancis.jpg"/></td></tr><tr><td style="text-align:justify;">Dennis Francis, President of the 78th session of the United Nations General Assembly. — VNA/VNS Photo Hoài Thanh</td></tr></tbody></table>NEW YORK — The upcoming participation of Party General Secretary and State President Tô Lâm in the United Nations (UN) Summit of the Future and the 79th session of the UN General Assembly (UNGA 79) reflects the highest level of political commitment, said Dennis Francis, President of the UN General Assembly’s 78th session.The visit takes place at a crucial time when the international community is determined to promote multilateralism to address a series of current global challenges, he added.In a recent interview granted to the Vietnam News Agency (VNA)'s resident correspondents, Francis highlighted the significance of the Vietnamese top leader’s trip and Việt Nam’s contributions to the UN’s operations, stating that the trip will contribute to elevating the relationship between Việt Nam and the UN to a new height.Việt Nam is an active and responsible member, and it is continuously making significant contributions to the UN, he stressed, adding that in terms of international peacekeeping, Việt Nam has sent peacekeepers to hotspots around the world, including South Sudan, where he directly met with Vietnamese officers and soldiers.Việt Nam has also made numerous contributions as a member of the UN Human Rights Council for the 2023-26 tenure, the International Law Commission (ILC) for the 2023-27 term, and as a non-permanent member of the UN Security Council, he said, noting that these successes reflect Việt Nam's strong commitment to core principles and values of the UN Charter, international law, and multilateralism in general.For Việt Nam’s “bamboo diplomacy”, Francis said the policy represents a soft yet resolute approach that is highly dynamic and open, clearly reflecting Việt Nam's policy of fostering friendship with all nations around the world.Francis said he is impressed by the policy, which contributes to promoting and strengthening multilateralism, demonstrating its rationality and effectiveness in the context of globalisation age.With its "bamboo diplomacy" policy, Việt Nam has practical experience to share with countries in the Global South, which are lagging behind in their efforts to achieve sustainable development goals (SDGs), both in terms of development and peacekeeping.Francis said he believed that the relationship between the UN and Việt Nam would continue to be strengthened following the top leader’s visit.UNGA 79 will focus on promoting human dignity and rights, enhancing values in health and education, and strengthening peace and sustainable development, and these are also strong commitments of Việt Nam, he stated.Meanwhile, the UN Summit of the Future will offer a venue for international leaders to promote solidarity and multilateralism to realise the UN’s goals, he said, adding that Lâm’s trip is an opportunity for Việt Nam to strongly reaffirm its commitment. — VNA/VNS

The visit takes place at a crucial time when the international community is determined to promote multilateralism to address a series of current global challenges, said the leader of the United Nations General Assembly.

Top leader’s working trip demonstrates Việt Nam's strong political commitment

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/9/20/375788_tw.jpg"/></td></tr><tr><td style="text-align:justify;">The 13th Communist Party of Việt Nam Central Committee concludes its 10th session on Friday afternoon. — VNA/VNS Photo Dương Giang</td></tr></tbody></table>HÀ NỘI — The 13th Communist Party of Việt Nam Central Committee concluded its 10th session in Hà Nội on Friday afternoon.On behalf of the Politburo, Party General Secretary and State President Tô Lâm said the Party Central Committee (PCC) agreed that successfully implementing the resolution of the 13th National Party Congress is the ultimate objective of the entire Party, people, and army in 2025. This task will be carried out with the strongest determination, greatest efforts, and drastic actions in a focus-driven manner, with the most effective implementation measures taken and every resource mobilised for reaching and surpassing the set targets.He noted the PCC reached high consensus on the socioeconomic development orientations and tasks for 2025, the context, the development viewpoint, and the main goals, targets, duties, and solutions.With the achievements obtained since 2021 and predictions for next year, the country will strive to reach and surpass most of the main targets for the 2021-2025 period, set by the 13th National Party Congress. In fact, there remain an array of difficulties and challenges, especially to the realisation of the GDP target, which is important to the growth quality and other strategic targets.Given this, the PCC asked the entire political system, firstly the Government and leaders of ministries, sectors, and localities, to show truly strong determination and adopt thorough measures to successfully carry out socio-economic development tasks for 2025, achieve the set targets, especially the one on GDP growth, and continue to create strong momentum for following years. It demanded applying priority solutions to secure high economic growth in tandem with protecting the environment, ensuring social security, and caring for people’s life, particularly in the localities hit hard by Typhoon Yagi.Another request is to firmly ensure national defence and security, better the effectiveness of external affairs, and unceasingly promote Vietnam’s stature and contributions to regional and global peace, stability, and development, Lâm went on.Regarding the documents to be submitted to the 14th National Party Congress (2026-2031), the top leader emphasised that the Party Central Committee ordered focus be put on reviewing, supplementing, and perfecting the political and socio-economic reports.In terms of the Party building and the enforcement of the Party statutes, the PCC was highly unanimous that the Party building measures in the new period include continuing to build and streamline the apparatus of the Party, National Assembly, Government, Việt Nam Fatherland Front, and socio-economic organisations so that they operate efficiently and effectively.Another measure is to perfect regulations and improve the Party’s capacity of making guidelines and policies, and strongly reform the issuance, dissemination, and implementation of the Party’s resolutions.It is also important to step up administrative reforms, especially administrative procedures of the Party, innovate the leadership style as well as working methods and principles of the Party’s leadership bodies from central to grassroots levels, and boost information technology application and digital transformation in Party activities, according to Lam.The PCC shared the view that the supplementation and amendment of the Party statutes is a greatly critical issue requiring extremely prudent and scientific preparations, methodological and thorough consideration, and implementation at the same time with the consideration of supplementing and developing the Party’s Platform when the Party marks its centenary in 2030.During the session, he added, the PCC agreed on the proposed amendment and supplementation of the Party’s election regulations, and assigned the Politburo to acquire the PCC’s opinions to overhaul the rules for timely promulgation.Mentioning personnel affairs, Lam said the PCC agreed on the report on the 13th PCC’s personnel work, devised the orientation for personnel affairs of the 14th PCC, and tasked the 14th National Party Congress’s sub-committee for this work to consider opinions raised at the meeting to complete and issue the orientation.The PCC agreed in principle on the investment in the North - South high-speed railway project, viewing this as a political task for which investment resources must be prioritised. It also gave in-principle approval for the establishment of Hue as a centrally-run city, the leader noted.In the morning of the session’s last working day, the PCC voted to elect two new members to its Inspection Commission. They are Hà Quốc Trị, Deputy Secretary of the Khánh Hoà provincial Party Committee and Đinh Văn Cường, head of the Department for Area I at the Inspection Commission agency.The PCC also introduced candidates for the Politburo and Secretariat membership in the 14th term (2026-2031) and added some to the PCC's candidacy for the same term.In the afternoon, participants discussed and provided input on the proposal to establish Huế as a centrally run city.They also reviewed a comprehensive report on theoretical and practical issues related to the socialist-oriented Đổi mới (Renewal) process in Việt Nam over the past 40 years. Reports were also presented regarding socioeconomic, financial and budgetary issues, Party building efforts, and proposed amendments to election regulations within the Party. A summary of the 13th term’s personnel work and the orientation for personnel matters in the next term were also on the agenda.A resolution of the three-day session was adopted. — VNS

The 13th Communist Party of Việt Nam Central Committee concluded its 10th session in Hà Nội on Friday afternoon.

13th Party Central Committee wraps up 10th session

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/9/13/374342_4954808508273911_image.png"/></td></tr><tr><td style="text-align:justify;">Minister of National Defence Phan Văn Giang addresses the first plenary session of the 11th Beijing Xiangshan Forum in Beijing on Friday. VNA/VNS Photo</td></tr></tbody></table>BEIJING – A high-ranking delegation from the Ministry of National Defence led by Minister Phan Văn Giang attended the 11th Beijing Xiangshan Forum that opened in Beijing on Friday.Delivering his remarks on security cooperation and prosperity and stability of the Asia-Pacific at the first plenary session of the forum, Giang underlined that the region has become a development centre of the world, drawing increasing attention from countries outside the region.However, it is still seeing many complicated hot spots with the risk of becoming sources of conflict, he noted, underlining that in order to realise the desire and aspiration for an increasingly prosperous and stable Asia-Pacific, it is necessary to promote mutual understanding and respect, equality, and cooperation for development among countries, in which security cooperation plays an important role.A peace-loving country that always attaches importance to international cooperation, Vietnam consistently implements the foreign policy of independence, self-reliance, peace, friendship and development cooperation, multilateralisation and diversification of relations, being a friend, a reliable partner and an active, responsible member of the international community, the minister affirmed.He clarified that like many other places in the world, in the Asia-Pacific, disputes related to sovereignty and territory, especially sovereignty at sea, are still lingering on.Regarding the East Sea issue, Giang emphasised that Việt Nam consistently resolves all difficulties and differences by peaceful measures on the basis of respecting independence, sovereignty and legitimate interests of the states, complying with international law, especially the 1982 United Nations Convention on the Law of the Sea (UNCLOS), strictly implementing international and regional commitments such as the Declaration on the Conduct of Parties in the East Sea (DOC), and supporting the establishment of clearer, more substantive and effective legal commitments such as the Code of Conduct in the East Sea (COC) that the Association of Southeast Asian Nations (ASEAN) and China are looking forward to signing soon.With the attractiveness of a potential and dynamically developing area, the Asia-Pacific is experiencing an increasing presence of countries outside the region, he said and affirmed that Vietnam supports the presence of countries in the region for the purpose of peace, stability, cooperation and development, and always hopes that the countries respect each other's independence, sovereignty, territorial integrity, and international law and regional commitments to make active contributions to building a prosperous and stable Asia-Pacific.Việt Nam does not accept but resolutely opposes all actions that intensify tension and complexity, and hinder the prosperity and stability of each country, the region and the world at large, he stated.The Vietnamese representative also pointed to non-traditional challenges such as climate change, terrorism, trans-national crimes, natural disasters, epidemics, water security, and cybersecurity, which are also great challenges for each country and region in the world, requiring goodwill and cooperation for responding together.Việt Nam is always sharing with countries and the international community, makes the best possible efforts, and stands ready to join hands with them to respond to non-traditional security disasters, he stated.In order to address current complicated traditional and non-traditional challenges, he suggested that countries should promote cooperation on the basis of respecting the principles of equality and self-determination of peoples, settling disputes and differences by peaceful measures in compliance with international and regional laws and commitments, and not threatening to use or using force in international relations. In collaboration to settle security issues, major countries have a very important role to play that needs to be promoted in a full, responsible, and effective manner in practice, he added.Noting that the Vietnamese Ministry of National Defence will host the second International Defence Expo in December, Minister Giang expressed his hope that countries and businesses operating in the field of defence industries will support and participate in the event.His speech received special attention from delegates at the forum. VNS

Minister of National Defence Phan Văn Giang underlined that the Asia-Pacific region has become a development centre of the world, drawing increasing attention from countries outside the region.

Việt Nam attends 11th Beijing Xiangshan Forum

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="" src="https://image.vietnamnews.vn/uploadvnnews/Article/2024/9/13/374357_2.jpg"/></td></tr><tr><td style="text-align:justify;">Party General Secretary and State President Tô Lâm (centre) at the Politburo meeting in Hà Nội on Friday. — VNA/VNS Photo</td></tr></tbody></table>HÀ NỘI — Party General Secretary and State President Tô Lâm on Friday chaired a Politburo meeting on documents regarding the development of the northern port city of Hải Phòng, and the establishment of centrally-run Huế city.The meeting looked into the project reviewing the five-year implementation of the Politburo’s Resolution No. 45 -NQ/TW dated January 24, 2019 on Hải Phòng’s development by 2030 with a vision towards 2045, and another on the establishment of centrally-run Huế city.The top leader ordered the continued implementation of the resolution, which, he said, should go in tandem with the materialisation of another Politburo resolution, dated on November 23, 2022, on socio-economic development, and national defence and security in the Red River Delta region by 2030 with a vision towards 2045, in order to raise public awareness of Hải Phòng’s important role and position in the region and the country at large.He also described this as the responsibility of the whole political system, especially the municipal Party organisation, authorities, and residents, and stressed the need to issue special mechanisms and policies that match the city’s situation, particularly those on investment management, finance, state budget, planning, natural resources and environment, science-technology, innovation, apparatus organisation, the income of officials and public servants, and the establishment of a free trade area.He urged speeding up economic structuring in parallel with growth model reform; promoting digital economy, green economy and circular economy; boosting the development of economic and industrial zones; and building concerted socio-economic infrastructure, among other tasks.For the Huế city project, the Politburo agreed to submit it to the 10th session of the Party Central Committee for feedback collection.Lâm stressed that the formation of centrally-run Huế city holds political significance as it would create momentum for Thừa Thiên-Huế province to grow further.He asked competent agencies to quickly work out a plan with specific tasks and solutions to complete standards set for a first-tier city, as well as timeframe for the work. — VNS

Party General Secretary and State President Tô Lâm on Friday chaired a Politburo meeting on documents regarding the development of the northern port city of Hải Phòng, and the establishment of centrally-run Huế city.

Politburo opines on documents relating to Hải Phòng, Thừa Thiên - Huế

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The work of most organizations would slow to a crawl without functioning IT systems.Bluewave provides computer-related support, including installation and maintenance of servers and desktop hardware and software; computer equipment standards; equipment and technical support for conferences and meetings; the infrastructure for enterprise resource planning applications and other office automation applications; internet access and file-sharing services; e-mail and groupware services; security for application and server data and protection for the computer environment from viruses, hackers and similar threats.

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We’ve been helping brands develop and define their voice since 2019. The times may have changed, but our love for creativity and problem-solving hasn't. We’re driven by technology and innovation to ensure we fulfill our key mission of helping our clients find their successful future.&nbsp;Searching for a professional consultant? Do not lose any time and send Bluewave&nbsp;an email. Because we&nbsp;will provide an incredible aid for your event promotion or your logistics management activities.

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NEWS

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Website optimization

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