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A traditional Vietnamese breakfast perfectly embodies the country’s culinary philosophy — light, fresh, and balanced. Known for its aromatic herbs, clear broths, and delicate use...
The State Bank of Vietnam has emphasized the importance of supporting economic recovery while maintaining financial stability. It has called on banks to adopt a proactive approach to manage the risks associated with these relief measures. Some banks have already begun to strengthen their risk management frameworks and capital buffers to better navigate the expected challenges.
Vietnam has experienced an increase in the frequency and intensity of typhoons, a trend attributed to climate change. Recent reports highlighted that Typhoon Haikui and Typhoon Doksuri caused significant damage in several provinces, with flooding affecting thousands of households. The government has been working to manage disaster response effectively, but the scale of the damage has necessitated international assistance.
The announcement followed a meeting between SpaceX representatives and Vietnamese government officials, where both parties discussed potential collaborations. This partnership aligns with Vietnam's strategic objectives to advance its space initiatives, particularly through the Vietnam National Space Center (VNSC). The VNSC has made notable progress in recent years, successfully launching several satellites in collaboration with international organizations.
In response to this unprecedented disaster, LOTTE Group and its subsidiaries—such as LOTTE Department Store, LOTTE Mall West Lake Hà Nội, LOTTE Mart, LOTTE E&C, LOTTE Hotels, and LOTTE Rental—mobilized their resources to assist affected communities swiftly. The group's representatives presented VNĐ1.6 billion to the VFF office in Hà Nội, VNĐ1.1 billion to the VFF branch in Ho Chi Minh City, and an additional VNĐ300 million to VFF branches in Hạ Long City, Long An, and Bình Dương provinces.
Since the elevation of their relationship to a comprehensive strategic partnership, Vietnam and the U.S. have engaged in robust dialogues aimed at addressing global challenges and regional stability. High-level exchanges, including visits from both countries' leaders, have strengthened mutual understanding and commitment to shared values such as democracy, human rights, and sustainable development.
While the overall sentiment remained positive, some stocks faced selling pressure. The Bank for Foreign Trade of Vietnam (VCB) fell by 0.32%, Vietnam Airlines JSC (HVN) dropped by 2.07%, and Hòa Phát Group JSC (HPG) saw a decline of 0.57%.
The proposed economic sectors system categorizes the economy into five levels, starting with 22 primary sectors at Level 1, identified by alphabetical codes from A to V, and extending to a comprehensive 733 sectors at Level 5, defined by numerical codes. A notable aspect of this draft is its focus on integrating green economic principles into the framework.
The Vietnamese government has recognized the importance of this industry as a key driver of economic growth and technological advancement. With a vision to establish a robust semiconductor ecosystem, the strategy aims to attract foreign investment, enhance research and development capabilities, and foster collaboration between domestic companies and international partners.
The Dịnh An Economic Zone, strategically located along the coast, offers significant advantages, including access to major transportation routes and proximity to key markets. Local authorities believe these factors will entice businesses looking to establish a presence in the Mekong Delta region, which is known for its rich resources and favorable investment climate.
Vietnam’s GDP growth remains strong, projected at around 5.8% for the current year. This growth is supported by an increase in consumer spending and a recovery in key sectors, such as manufacturing and services. The ADB emphasizes that the country’s diversified economy has allowed it to better withstand external shocks, including supply chain disruptions and inflationary pressures.
The recent expansion can be attributed to several factors, including trade agreements that enhance market access and a shift in production from traditional manufacturing hubs. As companies seek more resilient supply chains, Vietnam has emerged as an attractive alternative, offering competitive labor costs and a skilled workforce.
Among the awarded projects, several focus on sustainable development, aligning with national priorities for environmental protection and energy efficiency. These initiatives are expected to not only generate jobs but also contribute to technological advancement and improved infrastructure in Dong Nai.
Investors have shown a keen interest in Taseco Land, citing the company’s robust track record in the real estate sector and its commitment to sustainable development. The project is expected to create job opportunities and stimulate the local economy, aligning with the government’s vision of promoting growth in underserved areas.
During a recent trade mission to Malaysia, representatives from various Vietnamese firms engaged in discussions focused on technology transfer, joint ventures, and product development tailored to meet Halal standards. The mission included meetings with key stakeholders in Malaysia's Halal sector, aiming to establish long-term collaborations that can leverage each country’s strengths.
Phớc affirmed Việt Nam's active role as a responsible member of ASEAN and a comprehensive strategic cooperative partner of China. He noted that Việt Nam, in collaboration with other ASEAN countries, has worked closely with China to promote new growth drivers and make significant contributions to the ASEAN-China comprehensive strategic partnership.
Nguyễn Hoàng, chairman of Hansiba and vice chairman of the Vietnam Association of Supporting Industries, highlighted the significant role the aerospace industry plays in Vietnam's industrialization strategy, particularly in high-tech and supporting technology sectors. He noted that obtaining AS9100 certification will enable Vietnamese companies to access international markets in aerospace manufacturing.