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<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2024/112024/14/17/6a20241114170314.jpg?rt=20241114170316" alt="With an increase in import orders, especially during the coming year-end shopping season, garment makers expect to meet the US$44 billion export earnings target this year"></figure></td></tr><tr><td>With an increase in import orders, especially during the coming year-end shopping season, garment makers expect to meet the US$44 billion export earnings target this year</td></tr></tbody></table></figure>According to the Vietnam Textile and Apparel Association (VITAS), Vietnam raked in US$36.11 billion from garment and textile exports over the past 10 months of the year, representing a 9.86% increase year on year. October alone saw garment and textile export earnings rise 10.7% month on month to US$3.86 billion.Experts attributed the high growth to a shift in orders from China, Bangladesh, and Myanmar to Vietnam, decreasing inventory in key markets such as the US, Europe, and Japan, and an upward trend in consumer demand and orders from partners.Indeed, according to VITAS chairman Vu Duc Giang, Vietnam’s textile exports continue to improve toward the year-end, with growth expanding compared to earlier months. Key export markets, including the US, EU, Japan, and China, have maintained steady growth, while ASEAN, Russia, and Canada have emerged as promising markets for boosting production and exports.In addition, the ongoing decline in freight rates is supporting export growth. Furthermore, easing interest rates in the US and Europe is anticipated to stimulate year-end shopping demand.Vietnam’s textile and garment exports have high expectations for the year-end shopping season, especially with increased demand in major markets like the US and Europe. The holiday season, including Black Friday, Christmas, and New Year, typically boosts demand for textile products, driving revenue growth for export companies.In the long term, when interest rate cuts in major markets positively impact the economy, leading to stable employment and purchasing power, unit prices are expected to improve even further, said experts.Le Tien Truong, Chairman of the Board of Directors of the Vietnam National Textile and Garment Group (Vinatex), noted that Vietnamese garment makers are benefitting from improved consumer demand in key textile export markets and the political instability in competing countries like Bangladesh and Myanmar. Many garment companies have already secured orders through the second quarter, and even into the third quarter of 2025.“It’s expected that garment makers will benefit as US consumer demand improves during the coming holiday shopping season. Demand and unit prices will only truly improve starting in 2025 in an optimistic scenario. With such favorable factors, Vietnam’s textile industry faces significant market opportunities and is poised to consolidate its position as a bright spot on the global textile map,” said Truong.Despite optimism, Vietnam’s garment industry still faces significant competitive pressures when exporting to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) markets. Some countries benefit from tariff preferences as developing economies, while Vietnam has higher labour costs and pressures related to social insurance, health care, and the need to fully implement commitments under new-generation free trade agreements.However, comparing Vietnam’s competitive advantages, Vietnamese textile companies benefit from the country’s strategic location, large port system, and the ability to produce a wide range of high-value products such as suits, winter coats, swimwear, and more, with diverse designs and fast delivery.Vietnam’s textile products have been exported to more than 100 countries and territories worldwide. With the year-end shopping season approaching, garment makers are trying to diversify customer groups and product offerings, introduce new products with innovative materials and designs, and meet the stringent standards of their partners, so as to achieve the export target of US$44 billion this year./.

Despite ongoing challenges, Vietnamese garment makers are optimistic about the coming year-end shopping season, seeing it as an opportunity to meet the export earnings target this year.

Garment makers pin hopes on coming year-end shopping season

This initiative is particularly focused on the cities of Da Nang and Ho Chi Minh City, which are poised to become key players in the Southeast Asian financial landscape. The collaboration encompasses various sectors, including finance, technology and education, aiming to enhance Vietnam's capabilities in these areas.The relationship between the UK and Vietnam has evolved dramatically over recent years.The UK is recognised as the second-largest exporter of financial services globally, with exports reaching 88.7 billion GBP (nearly 114.6 billion USD) in 2022. London serves as a global financial centre, hosting 170 banks and a multitude of fintech companies.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2024/112024/13/17/in_article/q-2-hcm20241113171236.jpg?rt=20241113171236" alt="UK stands ready to help Vietnam build international financial hub"></figure></td></tr><tr><td>A view of HCM City's District 2 with Hanoi Highway and Metro Line 1 Ben Thanh - Suoi Tien. District 2 is undergoing development to emerge as a financial hub. (Photo: VNA)</td></tr></tbody></table></figure>This backdrop provides a solid foundation for collaboration as Vietnam seeks to develop its own financial sector.In October 2023, the government established a Steering Committee to develop the Regional and International Financial Centre Project, which is led by Prime Minister Pham Minh Chinh. The project aims to position Da Nang as a regional financial centre and HCM City as an international financial hub.Meanwhile, Da Nang has set ambitious goals to become a leading economic centre in Southeast Asia by 2030. The city aims to focus on two primary sectors: semiconductors and artificial intelligence (AI), alongside developing its international financial hub.This vision is reinforced by the National Assembly’s Resolution No. 136/2024/QH15, which outlines specific policies to attract strategic investors and enhance financial management practices within the city.Ho Ky Minh, Vice Chairman of the Da Nang People's Committee, stressed the need for the UK’s support in drafting legal frameworks that would facilitate the establishment of this financial centre.At a meeting with Alexandra Smith, the newly appointed British Consul General in HCM City, in late October, Minh expressed his hope for collaboration with UK consular representatives to promote Da Nang as an attractive investment destination."In the near future, as authorities at all levels come to a consensus on the implementation of international financial centres in HCM City and Da Nang, we eagerly anticipate the support of the British Consulate General in HCM City in formulating the National Assembly's resolution on related legal issues," Minh said.Meanwhile, Alexandra said that the UK was eager to actively collaborate and assist Da Nang in advancing emerging areas such as AI, digital transformation and establishing an international financial hub.In September, Michael Mainelli, the Lord Mayor of London, who has a financial background, made a historic visit to Vietnam, the first Lord Mayor of the City of London to visit the country in the past decade, underscoring the UK's commitment to supporting Vietnam’s ambitions in establishing an international financial hub.During this visit, he engaged with key Vietnamese officials and stakeholders to share insights and strategies for building a robust financial infrastructure.The Mayor also looked forward to the exciting upcoming collaboration between Vietnam’s new international financial hub and the City of London's Financial District.The partnership between the UK and Vietnam spans several key areas.In terms of financial services, the UK's expertise can be invaluable for Vietnam as it seeks to modernise its financial systems.The UK's experience in regulatory frameworks and market operations can provide crucial guidance for Vietnamese policymakers. Initiatives may include capacity-building training programmes for Vietnamese professionals in finance and investment management, as well as assistance in developing legal structures that support foreign investment and ensure market stability.Technology integration into finance is vital for creating a competitive international hub. The UK is home to numerous fintech companies that can share their knowledge with Vietnamese counterparts.Potential collaborations could involve leveraging AI technologies to enhance service delivery in finance and supporting Vietnamese banks and financial institutions in adopting digital solutions to improve efficiency.Infrastructure development is another critical area where UK assistance can play a significant role. Infrastructure is essential for establishing a successful financial hub, and the UK can aid Vietnam in developing projects such as transportation networks that enhance connectivity through investments in urban rail systems and airports.Additionally, collaboration on smart city initiatives will promote sustainable urban development aligned with global standards.As Vietnam aims for net-zero emissions by 2050, green finance will be central to its economic strategy. The UK's commitment to green initiatives can significantly benefit Vietnam’s transition towards sustainable practices.This includes supporting projects that focus on offshore wind energy and developing green bonds and other financial instruments that promote environmental sustainability.Opportunities for UK BusinessesUK businesses stand to gain significantly from engaging with Vietnam’s burgeoning economy. As trade relations continue to strengthen, evidenced by bilateral trade doubling from 3 billion GBP to 6 billion GBP over the past decade, opportunities abound across various sectors.Companies like Standard Chartered have already expressed enthusiasm about contributing to this partnership by facilitating investments and sharing expertise in areas such as green finance and digital innovation.Furthermore, with the UK's impending accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), there will be enhanced access for UK services in Vietnam, fostering greater collaboration.

The UK’s support for Vietnam in establishing an international financial hub is a significant development that reflects the growing economic ties between the two nations.

UK stands ready to help Vietnam build international financial hub

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2024/112024/12/17/14a20241112170952.jpg?rt=20241112170953" alt="An overview of the 2023 Vietnam International Digital Week's opening ceremony. (Photo: VNA)"></figure></td></tr><tr><td>An overview of the 2023 Vietnam International Digital Week's opening ceremony. (Photo: VNA)</td></tr></tbody></table></figure>Quang Ninh - The 3rd Vietnam International Digital Week will take place in Ha Long city, the northern province of Quang Ninh, from November 19-22 for the second consecutive year.It will provide an opportunity for organisations and businesses to exchange ideas and connect with both domestic and international management agencies, associations, and enterprises on information technology development, digital transformation, and digital infrastructure development.It will also serve as a platform to learn from and share experiences in making development, technology, and human resources policies and strategies; establish partnerships; and propose solutions to address current challenges.Additionally, the event will create a chance to showcase products and services, attract investment, and establish cooperation between Quang Ninh and technology partners both inside and outside Vietnam.A variety of activities will take place within the framework of the digital week, including a ministerial roundtable, the fourth ASEAN 5G Conference, an international forum on digital strategy, policy, and AI governance with Australia, the ASEAN Senior Officials’ Meeting on Information, and a workshop on policy and regulation recommendations to promote trusted services in ASEAN.The event will feature an international digital investment forum – an opportunity to attract foreign investment in ICT in provinces, cities, and industrial zones; the Organisation for Economic Cooperation and Development (OECD)’s conference on human resources for digital transformation and digital economy development; the Vietnam-ITU conference on AI governance and applications in industry; the Vietnam-Republic of Korea Digital Transformation Forum; and the Southeast Asia Hackathon competition, among others./.

The 3rd Vietnam International Digital Week will take place in Ha Long city, the northern province of Quang Ninh, from November 19-22 for the second consecutive year.

Quang Ninh to host 3rd Vietnam Int'l Digital Week next week

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="Vietnam remains bright spot in foreign investment attraction in ASEAN" src="https://ven.congthuong.vn/stores/news_dataimages/2024/092024/20/15/dau-tu20240920152207.jpg?rt=20240920152208" title="Vietnam remains bright spot in foreign investment attraction in ASEAN"/></td></tr></tbody></table>In fact, Chinese manufacturers are themselves expanding their presence into Southeast Asia. A third of the region’s manufacturing FDI last year came from China, which was more than three times the amount from the United States, the Republic of Korea (RoK), or Japan, according to fDi Markets.In Vietnam alone, leading Chinese manufacturing firms have ramped up their investments in 2023, with almost 20% of newly registered FDI from the Asian powerhouse.Japan and the Republic of Korea are both traditionally major investors in the Vietnamese market, but China has been expanding its FDI footprint quickly in the country. Indeed, the northern neighbour accounted for almost half of Vietnam’s new FDI inflows in 2023.Furthermore, HSBC experts recorded an 80% increase in terms of the number of Chinese corporates entering new Southeast Asian markets in 2023 compared to 2022. Among Chinese clients, there is also a strong interest in expanding into Singapore, followed by Vietnam, Thailand, Malaysia, and Indonesia.For the Vietnamese side, the northern neighbour is already one of its main trading partners, with bilateral trade exceeding US4106 billion, driven by electronics, textiles, and machinery. Within 10 years since 2014, the trade relationship between both sides has risen to be one of top 20 corridors globally. Regional agreements like the Regional Comprehensive Economic Partnership (RCEP) mean that joint economic ties between will likely continue to strengthen, with a growing emphasis placed on the digital economy.According to the e-Conomy SEA 2023 report, Vietnam was the fastest-growing digital economy in ASEAN after recording impressive growth of 20%. Measured by gross merchandise value, the country has the potential to become the second-largest digital market in the region by 2030, just after Indonesia.

Skilled workforce, a growing digital economy, competitive wages, and a sizeable regional market were among ASEAN’s top attractions to foreign investors, with Vietnam’s economic resilience being ranked foremost in attracting international firms, according to details given by HSBC experts.

Vietnam remains bright spot in foreign investment attraction in ASEAN

<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/9/17/dautu-1726543472863965502598.jpg" rel="noreferrer noopener" target="_blank" title=""><img alt="Significant shift in Viet Nam’s overseas investment - Ảnh 1." id="img_760341220002992128" src="https://bcp.cdnchinhphu.vn/344443456812359680/2024/9/17/dautu-1726543472863965502598.jpg" title="Significant shift in Viet Nam’s overseas investment - Ảnh 1."/></a></figure>Vietnamese investors poured US$147.3 million into 14 sectors abroad over the last eight months of this year.Data of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment showed the amount was channeled in 75 new projects.Among the 25 countries and territories receiving Vietnamese investments during the period, the Netherlands took the lead with US$54.6 million, making up 37.1 per cent. It was followed by Laos (US$37.8 million), the United Kingdom (US$19.8 million), and the U.S. (US$18.6 million).Out of 14 sectors Vietnamese investors poured money into, the mining sector topped the list with US$58.6 million, accounting for 38.9 per cent of the total, followed by processing-manufacturing with US$29.1 million (making up19.7 per cent) and the wholesale and retail sector with US$24.7 million (accounting for 16.8 per cent).In addition to investments in resource-intensive fields like minerals and agriculture, Vietnamese enterprises are also venturing into high-value sectors such as manufacturing, banking, financial services, and high technology. Companies like FPT have achieved notable success in Japan and South Korea.Viet Nam has agreements with nearly 80 countries on investment encouragement and protection and on double taxation avoidance, providing essential safeguards for overseas investments.As of August, Viet Nam had 1,757 active overseas investment projects with combined capital of nearly US$22.26 billion./.

Vietnamese enterprises have expanded their investments beyond Laos and Cambodia to developed nations like the Netherlands, the U.S., and the United Kingdom. This marks a significant shift in recent years.

Significant shift in Viet Nam’s overseas investment

<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/9/16/p11-thay-anh-chinh-9426-17264596562731512478765.jpg" rel="noreferrer noopener" target="_blank" title="Ho Chi Minh City aspires to become international financial centre"><img alt="Prime Minister leads steering committee for formulating regional, international financial center project - Ảnh 1." id="img_759989669149917184" src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2024/9/16/p11-thay-anh-chinh-9426-17264596562731512478765.jpg" title="Prime Minister leads steering committee for formulating regional, international financial center project - Ảnh 1."/></a><figcaption>Ho Chi Minh City aspires to become international financial centre</figcaption></figure>Accordingly, Prime Minister Pham Minh Chinh is the head of the body and Minister of Planning and Investment Nguyen Chi Dung is deputy head of the Steering Committee.Members of the steering committee includes Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc, Deputy Minister of Finance Nguyen Duc Chi, Deputy Minister of Industry and Trade Phan Thi Thang, Deputy Minister of National Defence Vu Hai San, Deputy Minister of Public Security Pham The Tung, Deputy Minister of Information and Communications Pham Duc Long, Deputy Minister of Natural Resources and Environment Tran Quy Kien, Deputy Minister of Justice Dang Hoang Oanh, Deputy Governor of the State Bank of Viet Nam Pham Tien Dung, Vice Chairman of the Office of the Government Mai Thi Thu Van.Chairman of the HCMC People's Committee Phan Van Mai and Permanent Vice Chairman of the Da Nang People's Committee Ho Ky Minh are also members of the committee.The steering committee, established on October 6, 2023, is responsible for assisting the Government and Prime Minister in researching, directing and coordinating to address inter-sectoral issues relating to the development of the regional and international financial center project.Under the project, Viet Nam strives to turn the southern Ho Chi Minh City and central Da Nang city into financial centers in the Asia and the world by 2045 in a bid to create a distinct institutional area to attract international financial investors.Viet Nam owns abundant conditions for developing a financial center. Besides maintaining stable macroeconomic and political conditions, the country is located in a favorable geographical area with high connectivity, a different time zone from the 21 largest global financial centers, strategic geopolitical positioning and an improving economic scale and financial market development./.

Prime Minister Pham Minh Chinh on Sunday signed Decision 987/QD-TTg, approving a list of members of the steering committee for formulating regional, international financial center project.

Prime Minister leads steering committee for formulating regional, international financial center project

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="US Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor (center) speaks at the press briefing in Hanoi (Photo: VNA)" src="https://ven.congthuong.vn/stores/news_dataimages/2024/092024/13/10/18a20240913103917.jpg?rt=20240913103917" title="US Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor (center) speaks at the press briefing in Hanoi (Photo: VNA)"/></td></tr><tr><td style="text-align:center;">US Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor (center) speaks at the press briefing in Hanoi (Photo: VNA)</td></tr></tbody></table>Hanoi - A US trade delegation of 100 participants, including 35 business representatives and officials from the departments of agriculture of nine states, is visiting Vietnam to explore cooperation opportunities between the two countries.This marks the largest-ever agricultural trade mission from the US to Vietnam and is led by Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor, in celebration of the one-year anniversary of the Comprehensive Strategic Partnership between Vietnam and the US.During a press briefing in Hanoi on September 12, Under Secretary Taylor noted that this is her second visit to Vietnam in two years. The mission aims to connect with key importers via business-to-business meetings and to gain insights into local and regional market conditions through site visits and discussions with industry experts and government officials in Hanoi and Ho Chi Minh City.In response to the Vietnam News Agency (VNA) reporter’s question about the significance of the visit for the two countries’ bilateral cooperation, Taylor said: “It really underscores the interest of the US food and agriculture sector in the Vietnamese market.”She continued that Vietnam and the US have complementary agricultural trade, with many fruits that the US exports to Vietnam consist of products that cannot be produced locally, and the same goes for the tropical fruits that Vietnam exports to the US.“And so for all of the interests of our food and agricultural businesses in the Vietnamese market, I think there is equal interest for Vietnamese products in the US market,” she said.Asked about how the US can support Vietnam in developing green and sustainable agriculture, the Under Secretary affirmed that this has long been a priority in the two countries’ relations, both at the national and federal levels, and the two countries have engaged in multiple international forums around climate change resilience.Vietnam is an active participant in the agriculture, food security and climate change (AFC) innovation, and the sustainable productivity growth coalition, she said.“We also have bilateral program going on to help Vietnam’s agricultural sector provide more resiliency. We have a fertilizer right initiative which is focused on efficient fertilizer use and really trying to lower methane emissions, and the project is focused on the Mekong region.”She revealed that during her meeting with Vietnamese government officials today, there is a long list of other areas of cooperation under the climate umbrella that the two countries are going to explore.Sharing more about this, Karen Ross, Secretary of California Department of Food and Agriculture, said the US has enjoyed a long-standing relationship with Vietnam, including the most recently signed Memorandum of Understanding on climate change resilience and smart agriculture.“This gives us the opportunity to create forums, which we can do virtually now, but especially allows us to engage our university, the University of California, which has a number of people here already working on livestock methane reductions," she said, adding that this is one of the examples of how the two sides can bring academia together to extend the knowledge to farmers, with demonstration projects and technical assistance to help all farmers be more successful.According to the Vietnamese Ministry of Agriculture and Rural Development, the US became Vietnam's largest market for agricultural, forestry, and fishery products over the past eight months of 2024.In the reviewed period, the products brought home about 8.58 billion USD from the US market. The figure accounted for 21.4% of Vietnam’s total exports in this sector, marking a 23.5% increase compared to the same period last year./.

A US trade delegation of 100 participants, including 35 business representatives and officials from the departments of agriculture of nine states, is visiting Vietnam to explore cooperation opportunities between the two countries.

Largest US agricultural trade delegation visits Vietnam to explore cooperation opportunities

The Vietnamese Government leader praised effective investment projects by Mitsui &amp; Co in Việt Nam, highlighting their contributions to Việt Nam's socio-economic development and relations between the two countries.<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="PM hosts Japanese multi-industry firm's chairman" src="https://ven.congthuong.vn/stores/news_dataimages/2024/092024/12/15/in_article/pm-vs-ndt-nhat-ban20240912150246.jpg?rt=20240912150247" title="PM hosts Japanese multi-industry firm's chairman"/></td></tr><tr><td style="text-align:justify;">Prime Minister Phạm Minh Chính (R) shakes hands with Chairman of Mitsui &amp; Co., Ltd of Japan Tatsuo Yasunaga. — VNA/VNS Photo</td></tr></tbody></table>Chính reaffirmed the Vietnamese Government's commitment to supporting and creating favourable conditions for Japanese businesses in general and Mitsui &amp; Co in particular to conduct effective and sustainable investment and business activities in Việt Nam based on the principles of "harmonising interests and sharing risks," and "working together, winning together, and benefiting together”.For his part, Yasunaga said as major multi-industry investment, business, and trading conglomerate of Japan, Mitsui has invested 22 projects worth about US$1 billion in Việt Nam, especially in mineral resources, energy, equipment, and textiles. Among these, the Block B gas-electricity project totaled over $700 million.He expressed his hope to continue receiving PM Chính's attention and guidance for the project. He also called for support for expanding Mitsui's investment and business into other areas in Việt Nam, such as farming, processing and export of aquatic products; pelletised wood production and export; as well as human resources training and labour cooperation.The PM appreciated efforts of Mitsui, and its joint venture partners in implementing the gas-electricity project, highlighting its importance to Việt Nam's socio-economic development goals.He committed to supporting Mitsui in successfully collaborating and investing in the project, suggesting Mitsui work with the Việt Nam Oil and Gas Group to speed up the project's implementation, towards extracting the first gas streams by December 31 next year. He said he hopes that Mitsui will co-operate with Vietnamese partners in producing wind turbines and implementing offshore wind projects.Welcoming and encouraging Mitsui to expand its investment in Việt Nam into areas such as aquaculture and aquatic product processing, forestry, biomass energy development, human resources training, and labour cooperation, the PM asked the Japanese firm to invest in building a feed mill, broaden its business activities in Việt Nam in sectors of its strength; collaborate, support and transfer technology and management experience with Vietnamese partners to help them become more deeply involved in regional and global supply chains.The firm should support attracting investment in energy transition in Việt Nam; increase scholarships and partner with educational institutions to train high-quality human resources for the Southeast Asian nation, the leader said.

Prime Minister Phạm Minh Chính urged Mitsui &amp; Co., Ltd of Japan to accelerate the implementation of the Block B gas-electricity project and expand its co-operation and investment in other sectors in Việt Nam, especially offshore wind energy development, during a meeting with its Chairman Tatsuo Yasunaga in Hà Nội on Wednesday.

PM hosts Japanese multi-industry firm's chairman

<figure><figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/9/10/chanhleo-17259388931541246525049.jpg" rel="noreferrer noopener" target="_blank" title=""><img alt="Vietnamese passion fruit licensed for export to Australia- Ảnh 1." id="img_757805429551910912" src="https://bcp.cdnchinhphu.vn/344443456812359680/2024/9/10/chanhleo-17259388931541246525049.jpg" title="Vietnamese passion fruit licensed for export to Australia- Ảnh 1."/></a>A ceremony to announce the export of Vietnamese passion fruit to Australia and Australian plum to Viet Nam took place in Ha Noi on September 9.</figure>The event was jointly organized by the Plant Protection Department, under the Ministry of Agriculture and Rural Development (MARD), and the Australian Embassy in Viet Nam.Speaking at the event, head of the Plant Protection Department Huynh Tan Dat said, Vietnamese fruits have been exported to over 60 nations and territories over the world.Viet Nam's fruit export revenue hit US$4.63 billion in the first eight months of 2024, representing an increase of 30.6 percent compared to the same period last year, thanks to the opening of several key markets.According to the MARD, Viet Nam currently has nearly 9,500 hectares of land under passion fruit cultivation, producing nearly 190,000 tonnes annually. Passion fruit is among the 18 fruit varieties with an annual production output exceeding 100,000 tonnes. Notably, 80 percent of the annual harvest is purchased by enterprises for processing and export.Viet Nam ranks among the top 10 largest producers and exporters of passion fruit in the world, after Brazil, Colombia, Ecuador, and Peru.The Vietnamese fruit is being exported to markets with stringent quality, phytosanitary, and food safety requirements, such as France, Germany, the Netherlands, South Korea, China, and Switzerland.Remarkably, Vietnamese passion fruit is available in 20 countries, in many forms such as fresh fruit, frozen fruit, and juice.Australian Ambassador to Viet Nam Andrew Goledzinowski said, in the coming time, the two countries will continue to complete procedures so that Vietnamese grapefruit and Australian blueberries will be available in each side's market.Bilateral trade turnover reached US$13.8 billion in 2023, making Australia the 10th largest trading partner of Viet Nam, while Viet Nam ranks 7th among Australia's largest trading partners./. </figure><ul><li><h4 style="text-align:justify;"><a href="https://en.baochinhphu.vn/viet-nams-exports-to-india-witness-positive-growth-111240828165752873.htm" rel="noreferrer noopener" target="_blank">Viet Nam’s exports to India witness positive growth</a></h4></li><li><h4 style="text-align:justify;"><a href="https://en.baochinhphu.vn/viet-nams-exports-to-russia-up-46-in-7-months-111240822155936789.htm" rel="noreferrer noopener" target="_blank">Viet Nam’s exports to Russia up 46% in 7 months</a></h4></li></ul>Export is a direct motivation with the largest impact on Viet Nam's economic growth now. The improved purchasing power in developed countries has had a noticeable impact on Viet Nam's economy. Exports to the U.S., the European Union (EU), South Korea, and Japan have all bounced back over the recent months of this year.Official statistics showed that trade between the Southeast Asian nation and the rest of the world were estimated at US$70.11 billion in July and US$70.65 billion in August.If the current growth momentum is maintained, this year's import and export value will set a new record, surpassing the US$732 billion mark recorded in 2022. It should be noted that 2022 is a record year for Viet Nam's foreign trade, but no month saw import-export turnover reaching US$70 billion.During January-August, the total export value witnessed a year-on-year increase of 15.8 percent, achieving US$265 billion.Continuing the positive trend in recent months, the nation's import value hit US$246 billion in eight months, up 17.7 percent. Remarkably, Viet Nam spent US$230.95 billion on importing production materials, making up 93.9 percent. In the reviewed period, the country's trade surplus reached US$19.07 billion.Insiders said that with positive economic forecasts from developed markets and increasing imports from the U.S., Viet Nam's exports are expected to exceed US$790 billion by the end of this year.Regarding the structure of exported goods, agricultural products and minerals accounted for only 12 percent while the group of industrial goods made up over 88 percent, said Le Quoc Phuong, deputy head of Viet Nam Industry and Trade Information Center, under the Ministry of Industry and Trade.The increase in exports is mainly attributed to the rise in exports of industrial goods, reflecting the goals set by import-export strategies and plans, he shared.According to the latest report released by the S&amp;P Global, Viet Nam Manufacturing Purchasing Managers' Index (PMI) stood at 52.4 in August, signaling a solid monthly improvement in terms of business conditions midway through the third quarter.The improvement recorded in the health of the sector reflects further rapid increases in output and new orders, with respective rates of expansion remaining sharp despite easing from the particularly elevated rates seen in June and July.Improvements seen in customer demand resulted in growth of new orders, prompting firms to expand production. In some cases, the relative stability of prices helped firms to secure new business, while there were also mentions of improving international demand, and new export orders rose for the fifth month running.Manufacturers remain optimistic that output will increase over the coming year, based on expectations of further improvements in customer demand and new orders, the S&amp;P Global noted.According to the World Bank, Viet Nam's goods and services export value is equivalent to 94 percent of its GDP, ranking 14th globally./.

Passion fruit is the fifth fresh Vietnamese fruit licensed to enter the Australian market, following mango, longan, lychee, and dragon fruit.

Vietnamese passion fruit licensed for export to Australia

Speaker of the New South Wales Legislative Assembly Greg Piper highlighted the immense potential for collaboration between New South Wales and Vietnamese localities, expressing his confidence that the visit would foster cultural and economic exchanges between Vietnam and Australia, and specifically between Vietnamese cities and New South Wales in the near future.<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="NA Vice Chairwoman’s visit fosters ties with Australia" src="https://ven.congthuong.vn/stores/news_dataimages/2024/092024/08/15/in_article/pho-ct-quoc-hoi-2-aus20240908155637.jpg?rt=20240908155637" title="NA Vice Chairwoman’s visit fosters ties with Australia"/></td></tr><tr><td style="text-align:center;">At the working sessions - photo: VNA</td></tr></tbody></table>Thanh underscored New South Wales's pivotal role in expanding cooperation with Vietnamese localities, particularly in key areas. She noted that Ho Chi Minh City, a partner city of New South Wales, could become a pioneer in implementing the Vietnam-Australia comprehensive strategic partnership and Australia's Southeast Asia Economic Strategy to 2040.The Vietnamese NA is committed to creating favourable conditions for Australian firms, including those from New South Wales, to invest and operate effectively, sustainably and stably in Vietnam, she said.The legislator proposed several areas for future cooperation, including trade promotion, information and technology sharing for mineral extraction, coal and liquefied natural gas, business support to leverage free trade agreements, logistics, clean energy, and low carbon emissions. She also recommended effective implementation of the joint declaration on practical actions to combat climate change.Thanh also suggested facilitating the exchange of delegations, including those from the New South Wales Legislative Assembly to the People's Councils of Vietnamese cities and provinces.In a meeting with Deputy President of the New South Wales Legislative Council Rodney John Roberts, Thanh expressed Vietnam's readiness to host delegations from the New South Wales Legislative Council to share experiences with the People's Councils of Vietnamese localities.She sought New South Wales’s expertise and technology in hi-tech agriculture, building value chains for agricultural products, food and beverages within global and regional supply chains, and collaboration in training and investment in Vietnam, particularly in the production of raw materials for pharmaceutical and supplementary food industries.On the occasion, she called on New South Wales authorities to create favourable conditions for the Vietnamese community living and working there, helping them serve as a bridge for the bilateral ties.Roberts, for his part, described people-to-people exchange as a cornerstone of the friendship bonds between the two countries.Agreeing with Thanh’s proposals, he underlined Vietnam's vast and diverse development potential and vowed to soon visit Vietnam in the near future.The same day, Thanh and New South Wales Minister of Trade and Industry, Innovation, Science and Technology, Building, and Corrections Anoulack Chanthivon discussed advancing collaboration in innovation, sci-tech, education, hydrogen energy, finance, investment funds and banking.Regarding education-training, Thanh requested New South Wales to increase scholarships for Vietnamese civil servants, especially those from localities. She also emphasised the need to foster professional exchanges in public management through training courses and workshops on urban management, smart city development and digital transformation; as well as steping up collaboration in vocational education, including the transfer of training courses and establishment of vocational training centres in Vietnam, to develop a quality workforce.New South Wales will continue to focus on investing in education and stays ready to consider cooperation programmes that align with Vietnam's needs, Chanthivon assured.Their discussions covered the priorities of Vietnam and New South Wales in the fields of energy, renewable energy, and just energy transition. They reviewed Vietnam's achievements in these areas and its commitment to reaching net-zero emissions by 2050.Chanthivon welcomed Vietnamese enterprises to invest in New South Wales and expressed his readiness to help them understand the local investment environment, policies and regulations to reinforce bilateral cooperation.In the afternoon, the Vietnamese delegation met with outstanding representatives of Vietnamese community in New South Wales.

National Assembly Vice Chairwoman Nguyen Thi Thanh held working sessions with top officials of Australia’s New South Wales state on September 6-7, helping to strengthen and deepen comprehensive strategic partnership between Vietnam and Australia.

NA Vice Chairwoman’s visit fosters ties with Australia

<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/9/6/5803-1725587193-1200x0-1725589189148620494397.png" rel="noreferrer noopener" target="_blank" title=""><img alt="Viet Nam to launch raw materials center for textile and footwear in 2025- Ảnh 1." id="img_756338665351135232" src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2024/9/6/5803-1725587193-1200x0-1725589189148620494397.png" title="Viet Nam to launch raw materials center for textile and footwear in 2025- Ảnh 1."/></a></figure>The center is expected to help the Southeast Asian country to consolidate its domestic supply chain and reduce sole dependence on imports from other countries, according to Deputy Minister of Industry and Trade Phan Thi Thang.Textile and footwear have long been Viet Nam's key sectors, with annual export turnover increasing by 10 percent, said Pham Anh Tuan, Deputy Director of Industry Department under the Ministry of Industry and Trade.In the first six months this year, the export turnover of the two sectors reached US$30 billion, accounting for 16 percent of the nation's total export value and creating nearly five million jobs.At present, manufacturers still rely on raw materials from foreign countries, especially China, South Korea and other ASEAN Member States.The center will assist businesses in tracing the origins of raw materials, ensuring that all trades operate with high standards and transparency./.

Viet Nam will launch a raw materials center for textile and footwear industry in 2025, official said.

Viet Nam to launch raw materials center for textile and footwear in 2025

<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/9/5/vibrant-1725504743929322954239.jpg" rel="noreferrer noopener" target="_blank" title=""><img alt='"Vibrant Viet Nam" promoted on Google Arts &amp; Culture- Ảnh 1.' id="img_755984475042721792" src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2024/9/5/vibrant-1725504743929322954239.jpg" title='"Vibrant Viet Nam" promoted on Google Arts &amp; Culture- Ảnh 1.'/></a>It offers 31 online exhibitions with 429 images and 15 videos on the cultures of ethnic groups in Viet Nam.</figure>According to the Viet Nam National Authority of Tourism (VNAT), "Vibrant Viet Nam" will help people explore the culture, people and biodiversity of Viet Nam–a country which is home to 54 ethnic groups."Vibrant Viet Nam" is another effort by Google to honor and promote the natural landscape, cultural heritage, and diversity of the Vietnamese ethnic community to the global audience.Director of the Tourism Information Centre under the VNAT Hoang Quoc Hoa expressed his hope to receive support from Google in implementing creative projects to bring the image of Viet Nam closer to friends and partners around the world in the future.Previously, Google has implemented several promotional projects about Viet Nam such as "Google Arts and Culture-Wonders of Viet Nam" and "Google Adventure Viet Nam".As of July 2024, international arrivals to Viet Nam reached nearly 10 million, an increase of 51 per cent compared to the same period last year and 1.9 per cent higher than in 2019, before COVID-19 pandemic, according to the latest report from the General Statistics Office of Viet Nam.The tourism industry recorded strong growth in the number of visitors from Europe, with a 47.3 per cent increase. Other markets also saw high growth, such as Asia with 57.1 per cent (mainly due to the increase in Chinese visitors), Australia with 27.3 per cent and the Americas with 9.7 per cent.The growth is attributed to the favorable visa policies and efforts by management agencies and tourist businesses and localities in promoting and promoting tourism./.

The online museum platform Google Arts &amp; Culture officially launched an exclusive site for Viet Nam called "Vibrant Viet Nam" on September 4.

"Vibrant Viet Nam" promoted on Google Arts & Culture

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="About 30-50% of the total garment-textile firms have installed their own rooftop solar power systems (Photo: baodautu.vn)" src="https://ven.congthuong.vn/stores/news_dataimages/2024/092024/03/14/a-t5-575520240903144528.jpg?rt=20240903144529" title="About 30-50% of the total garment-textile firms have installed their own rooftop solar power systems (Photo: baodautu.vn)"/></td></tr><tr><td style="text-align:justify;">About 30-50% of the total garment-textile firms have installed their own rooftop solar power systems (Photo: baodautu.vn)</td></tr></tbody></table>Importing countries require higher standards in green production to reduce impact on the environment and society. The trend of achieving ESG (environmental, social and corporate governance) standards and using green energy is rising among the industrial parks, which are the site of heavy production and energy use.On November 30, 2023, the Ministry of Industry and Trade (MoIT) approved the power supply and power system operation plan for 2024, which determines that the total produced and imported electricity nationwide in 2024 should be 306.26 billion kWh.Meanwhile, the power sector is facing a variety of challenges, including those within the implementation of transmission projects and power plants.Experts believe with the rapid growth rate in production and business activities, the supply of electricity to businesses will remain challenging if Vietnam does not take advantage of renewable energy. In particular, using green energy from rooftop solar power systems is an indispensable choice for businesses.At a forum on solar power for rooftops in industrial parks, a representative from Deep C Industrial Park said that both Decision No. 13/2020/QD-TTg and Circular No. 18/2020/TT-BCT allow rooftop solar power systems to be installed at construction sites, and the purchase price and power purchase contract can be negotiated by the buyer and seller.However, the scale of rooftop solar power is limited to 1 MW or 1.25 MWp, so the full potential of the system cannot be exploited, otherwise the investment scale must be separated, leading to more complicated administrative procedures and higher investment costs, the representative said.In the garment and textile industry, there are more than 1,200 businesses located in industrial parks. Currently, about 30-50% of the total firms have installed their own rooftop solar power systems.However, they are facing a number of difficulties from weather conditions, and unclear mechanisms for rooftop solar power installation for businesses and industrial parks.Experts hold that authorised agencies should issue policies to clearly explain regulations in developing rooftop solar power, clarifying implementation for businesses./.

Aware of the demand for green energy, industrial parks have retrofitted rooftop solar power systems to increase competitiveness and attract investors.

Rooftop solar power industrial parks to meet green energy demand

<table align="center"><tbody><tr><td style="text-align:justify;"><img alt="Prime Minister Pham Minh Chinh (C) attends the inauguration ceremony at the main venue in Hung Yen (Photo: NDO)" src="https://ven.congthuong.vn/stores/news_dataimages/2024/082024/29/15/img-3527-273120240829153824.jpg?rt=20240829153825" title="Prime Minister Pham Minh Chinh (C) attends the inauguration ceremony at the main venue in Hung Yen (Photo: NDO)"/></td></tr><tr><td style="text-align:justify;">Prime Minister Pham Minh Chinh (C) attends the inauguration ceremony at the main venue in Hung Yen (Photo: NDO)</td></tr></tbody></table>The 500 kV transmission line project from Nam Dinh 1 Thermal Power Plant to Thanh Hoa was operational on June 30; the Nam Dinh 1 Thermal Power Plant - Pho Noi and Quynh Luu – Thanh Hoa sections completed on August 18; and the Quang Trach - Quynh Luu section on August 27.These are critical and urgent power transmission projects with a crucial role in increasing the transmission capacity through the 500 kV system from Central to Northern Vietnam from the current 2,500 MW to 5,000 MW. They will help improve the stability of the power system, boost electricity supply for the north in 2025 and the following years, and reduce the risk of overload and congestion in existing 500 kV lines and stations, thus contributing to ensuring national energy security.

The 500kV circuit-3 power transmission line linking Quang Trach in the central province of Quang Binh and Pho Noi in the northern province of Hung Yen was officially put into operation on August 29.

Quang Trach – Pho Noi 500kV circuit-3 power transmission line operational

<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/8/28/thi-truong-172483641294222573571.jpg" rel="noreferrer noopener" target="_blank" title=""><img alt="Prime Minister directs measures to stimulate domestic consumption, support production - Ảnh 1." id="img_753181293153464320" src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2024/8/28/thi-truong-172483641294222573571.jpg" title="Prime Minister directs measures to stimulate domestic consumption, support production - Ảnh 1."/></a></figure>The directive's goal is to tackle difficulties in production and business operations, boost consumer demand, and accelerate domestic market development to promote growth, maintain macroeconomic stability, control inflation, and ensure major economic balances.The Prime Minister asked for addressing bottlenecks in public investment disbursement, credit packages, land issues, and policies to attract social resources for development invesment.Ministries, agencies, and local authorities are requested to apply digital transformation technologies, artificial intelligence (AI), big data, and blockchain, to boost administrative reforms and simplify procedures.Additionally, the Government chief ordered subbordinate levels to double efforts to promote domestic trade, connect supply and demand, provide market information, and offer legal advice to small- and medium-sized enterprises.The Ministry of Industry and Trade is tasked to enhance linkages between production and distribution, improve connections in the commodity value chain, and ensure compliance with quality and food safety regulations.In the Directive, the Prime Minister emphasized the need to promote activities connecting the supply and demand of goods, distribute One Community One Product (OCOP) products, and bring goods to remote areas and industrial parks to stimulate domestic consumption.Meanwhile, it is necessary to facilitate the operation of e-commerce platforms in Viet Nam, organize activities to promote regional connectivity in e-commerce, and carry out cross-border e-commerce promotion activities with other countries in the region and large import markets.Domestic businesses are encouraged to participate in the supply chains of foreign-invested enterprises and global corporations in Viet Nam to enhance consumption of domestically produced commodities.The MoIT is responsible for supporting businesses in addressing trade defense investigations, origin fraud, and technical barriers related to environment, sustainable development and green transition to promote exports of Viet Nam's key items to major markets like China, the EU, the US, Japan, and South Korea.Domestic consumer spending accounts for 60-65 percent of GDP, of which household spending is 50-55 percent. Viet Nam has a population of 100 million people, including 20 million middle-class people, which creates a huge demand. It is forecast that by 2026 about 4 million more people will join the middle class.The World Bank says Viet Nam's per capita income grew by 8.5 percent between 2017 and 2022, the highest in Southeast Asia and almost doubling the world's average growth rate. The middle-class and urban population have increased rapidly in recent years in Viet Nam, leading to a rapid increase in consumption.These factors are making Viet Nam a high-potential market for retailers and creating an opportunity for domestic businesses to develop brands and expand domestic distribution channels for quality Vietnamese goods, local goods with national brand recognition, and key products of localities.Viet Nam's total retail sales of consumer goods and services saw a year-on-year increase of 8.7 percent to VND3.6 trillion (US$143.3 million) during January–July, the General Statistics Office (GSO) said.Last year Viet Nam's retail sales exceeded US$180 billion and are projected to grow steadily in the coming years. In 2023, retail sales of goods and services totaled US$254 million, a year-on-year increase of 9.6 percent./.

Prime Minister Pham Minh Chinh on August 27 signed a directive ordering ministries and agencies to implement solutions to stimulate consumption, support production, and develop the domestic market.

Prime Minister directs measures to stimulate domestic consumption, support production

<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/8/26/ha-long-59364113734272362690328-17246393754671425387170.jpg" rel="noreferrer noopener" target="_blank" title="Illustration photo"><img alt="Ha Long Bay - Cat Ba Archipelago recognized as World Geological Heritage- Ảnh 1." id="img_752354858238840832" src="https://bcp.cdnchinhphu.vn/344443456812359680/2024/8/26/ha-long-59364113734272362690328-17246393754671425387170.jpg" title="Ha Long Bay - Cat Ba Archipelago recognized as World Geological Heritage- Ảnh 1."/></a><figcaption>Illustration photo</figcaption></figure>The Viet Nam-based Geological Heritage is one of 100 newly ones which were announced by the International Union of Geological Sciences (IUGS).The IUGS planned to announce the above llist at the 37th International Geological Congress 2024 in Busan, South Korea, from August 25 to 31.Ha Long Bay was recognized by UNESCO as a world heritage site twice in 1994 and 2000.Cat Ba Archipelago is the largest limestone archipelago of the country. It has more than 360 islands, including Cat Ba Island to the south of Ha Long Bay.The archipelago was recognized by UNESCO as a world biosphere reserve.On September 16, 2023, at the 45th Session of the World Natural Heritage Committee, the UNESCO recognized Ha Long Bay - Cat Ba Archipelago as the first Vietnamese inter-provincial site as a world natural heritage site.Unique patterns Ha Long Bay - Cat Ba Archipelago includes all stages of the marine submergence of tropical karst as well as three main types of caves (old phreatic caves formed below the water table of the time; old karstic foot caves formed by lateral undercutting of cliffs at base level; and marine notch caves formed at sea level where rock structures are powerfully eroded and eventually reduced to a wave cut platform). <figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/8/26/271-quang-nin-1724639808405526762500.jpg" rel="noreferrer noopener" target="_blank" title="Sung Sot (Surprise) Cave, Ha Long Bay (Photo: Collection)"><img alt="Ha Long Bay - Cat Ba Archipelago recognized as World Geological Heritage- Ảnh 2." id="img_752356673718697984" src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2024/8/26/271-quang-nin-1724639808405526762500.jpg" title="Ha Long Bay - Cat Ba Archipelago recognized as World Geological Heritage- Ảnh 2."/></a><figcaption>Sung Sot (Surprise) Cave, Ha Long Bay (Photo: Collection)</figcaption></figure>Ha Long Bay represents later stages of marine subduction, while the Cat Ba Archipelago adds important geological values to the heritage through its patterns of terrestrial and intertidal stages, some of which are rare, even unique.In terms of geological and geomorphological value, Ha Long Bay is an excellent example of mature karst in humid tropical conditions with a complete karst evolution process spanning 20 million years thanks to the simultaneous combination of factors such as thick limestone layers, hot and humid climate and slow tectonic uplift.Ha Long Bay has all the basic forms of karst terrain such as karst plains, funnels and valleys, karst peaks and towers, especially the Fengcong and Fengling karst terrains, which are typical of the final development stage of the tropical karst process.The geological and geomorphological value of Ha Long Bay is also demonstrated through its rich cave system, formed 2,000,000 - 11,000 years ago. The process of sea flooding and sea erosion has made the karst geomorphology of Ha Long Bay unique in the world, fundamental to geomorphology science and of global significance. The Heritage Area has 775 islands, mostly limestone islands, with 66 caves, 42 marshes, 81 lakes inside the limestone islands and 193 sandbanks discovered along with a rich fossil system.<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/8/26/untitled-17246400277651172145511.jpg" rel="noreferrer noopener" target="_blank" title="The exquisite natural beauty of Cat Ba"><img alt="Ha Long Bay - Cat Ba Archipelago recognized as World Geological Heritage- Ảnh 3." id="img_752357594100350976" src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2024/8/26/untitled-17246400277651172145511.jpg" title="Ha Long Bay - Cat Ba Archipelago recognized as World Geological Heritage- Ảnh 3."/></a><figcaption>The exquisite natural beauty of Cat Ba</figcaption></figure>Meanhile, Cat Ba has diverse geology, expressed in the diversity of geological features (rocks, minerals, fossils, stratigraphy, structure, sedimentary environment...) and topography - geomorphology. Cat Ba Archipelago is the western edge of the Ha Long karst field that has been eroded by seawater. This is a special form of karst, one of the reasons that makes Ha Long Bay and the neighbouring limestone islands so attractive.With the intersection of mountains, forests, sea and islands, Ha Long Bay - Cat Ba Archipelago is a typical area with high diversity in Asia, possessing 7 adjacent, successively developing tropical and subtropical marine - island ecosystems including: primary tropical rainforest ecosystem; cave ecosystem; mangrove forest ecosystem; intertidal ecosystem; coral reef ecosystem; soft bottom ecosystem; saltwater lake ecosystem. These ecosystems represent ecological and biological processes that are still evolving and developing, as demonstrated by the diversity of plant and animal communities.

Ha Long Bay - Cat Ba Archipelago in the northern province of Quang Ninh and neighboring Hai Phong City was recognized as a world geological heritage site thanks to the outstanding global values of geological history and karst geomorphology on August 25.

Ha Long Bay - Cat Ba Archipelago recognized as World Geological Heritage

<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/8/20/ai-1724123979775415235287.jpg" rel="noreferrer noopener" target="_blank" title=""><img alt="Google finances US$1.5 million for Fulbright University to enhance AI development in Viet Nam - Ảnh 1." id="img_750193131788124160" src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2024/8/20/ai-1724123979775415235287.jpg" title="Google finances US$1.5 million for Fulbright University to enhance AI development in Viet Nam - Ảnh 1."/></a></figure>Google's chief scientist Jeff Dean announced the the above financial package on Monday on the occasion of his visit to Viet Nam.The grant will help Fulbright University Viet Nam integrate AI into all academic programs, develop AI-related majors and minors in its undergraduate curriculum, and equip students with AI application skills.It will also support the university in recruiting additional AI experts to expand teaching, enhance AI-related research by faculties and students, and foster collaborative initiatives with academic and industry partners in Viet Nam and internationally.Earlier, on July 11, the National Innovation Centre (NIC) under the Ministry of Planning and Investment (MPI) collaborated with Google to launch a comprehensive initiative that promotes the development of AI in Viet Nam.The initiative focuses on two pillars–human resources development and startup ecosystem development.Accordingly, it will provide 40,000 scholarships with 10 training courses, including the newly-launched additional course-Google AI Essentials-to equip Viet Nam's young generation with the latest AI skills. Beneficiaries include officials, lecturers and students of more than 80 universities and colleges across the country.According to a national strategy for AI research, development and application through 2030, the nation sets forth a target of being among top 4 in ASEAN and top 50 in the world in the field of AI research, development and application by 2030.Under the strategy, Viet Nam will set up three national innovative centers for AI and have at least one representative on the list of ASEAN's 20 leading R&amp;D and training facilities in this sphere.Marc Woo, Managing Director of Google Viet Nam, Google Asia Pacific, said that Viet Nam's digital economy is expected to grow 11 times to reach US$220 billion by 2030, equivalent to nearly half of the country's current GDP. AI is one of the key factors to realize the outlook./.

Fulbright University Viet Nam has received a US$1.5 million grant from Google to advance artificial intelligence (AI) research and education.

Google finances US$1.5 million for Fulbright University to enhance AI development in Viet Nam

<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/8/19/edit-benh-dau-mua-khi-3-16648632312391126626229-1724044434194-17240444343281312729464-1724057640008793540322.jpeg" rel="noreferrer noopener" target="_blank" title="Illustration photo"><img alt="Health ministry calls for strengthening monkeypox surveillance at border gates - Ảnh 1." id="img_749914882003378176" src="https://bcp.cdnchinhphu.vn/344443456812359680/2024/8/19/edit-benh-dau-mua-khi-3-16648632312391126626229-1724044434194-17240444343281312729464-1724057640008793540322.jpeg" title="Health ministry calls for strengthening monkeypox surveillance at border gates - Ảnh 1."/></a><figcaption>Illustration photo</figcaption></figure>The move came right after the World Health Organization (WHO) declared the ongoing Monkeypox outbreak in Africa a global health emergency.Specifically, the ministry urged the localities to promptly implement epidemic prevention and control measures in order to minimize the number of the disease victims.Relevant units are in charge of actively monitoring and detecting suspected cases at border gates, especially those returning from countries where monkeypox is endemic.The ministry also stressed the need to strengthen medical surveillance to detect disease cases at medical facilities to prevent possible outbreak in the community.The ministry underlined the importance of organizing training courses for medical staff and enhancing communications to raise public awareness about monkeypox and prevention measures.Earlier this year, Viet Nam detected more than 120 monkeypox infections, including six fatalities, with most cases in Ho Chi Minh City and other southern localities such as Lam Dong, Long An, Binh Duong and Can Tho.

The Ministry of Health (MoH) requested localities to strengthen monitoring and detection of suspected cases of monkeypox at border gates and medical facilities.

Health ministry calls for strengthening monkeypox surveillance at border gates

<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/8/17/nganhang-1723863698586391977678.jpg" rel="noreferrer noopener" target="_blank" title=""><img alt="Total assets of Vietnamese credit institutions up nearly 5% - Ảnh 1." id="img_749101432881618944" src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2024/8/17/nganhang-1723863698586391977678.jpg" title="Total assets of Vietnamese credit institutions up nearly 5% - Ảnh 1."/></a></figure>The State Bank of Viet Nam (SBV)'s latest data showed that the group of State-owned commercial banks, including Agribank, VietinBank, Vietcombank, BIDV, VietinBank, CB, GPBank, and Oceanbank, had total assets of nearly VND8.75 quadrillion (over US$349 billion), up 5.05 percent from the end of 2023.Total assets of joint-stock commercial banks reached more than VND9.43 quadrillion (US$376.3 billion), up 5 percent.Joint-venture and foreign banks had total assets of more than VND1.94 quadrillion (US$77.4 billion), an increase of 4.26 percent, and the group of financial and financial leasing companies had total assets of VND302.3 trillion (US$12 billion), up 0.16 percent.The Bank for Social Policies, the Cooperative Bank and the People's Credit Fund had total assets of VND377.1 trillion (US$15 billion), VND67.3 trillion (US$2.7 billion) and VND192.04 trillion (US$7.66 billion), respectively, up 7.57 percent, 18.1 percent and 7.5 percent compared to the end of 2023.The SBV also reported that by the end of June 2024, the ratio of short-term capital for medium and long-term lending of the credit institution system was 28.1 percent, of which the ratio of State-owned commercial banks was at 23.58 percent, joint-stock commercial banks, 40.02 percent and finance and financial leasing companies, 33.99 percent.The ratio of outstanding loans to total deposits of the credit institution system by the end of June 2024 was 78.25 percent, of which State-owned commercial banks had a ratio of 82.62 percent, joint-stock commercial banks, 80.78 percent and joint-venture and foreign banks, 42.23 percent./.

As of June 30, total assets of the Vietnamese credit institution system reached more than VND21.07 quadrillion (nearly US$840.8 billion), an increase of 4.97 percent compared to the end of 2023.

Total assets of Vietnamese credit institutions up nearly 5%

<figure><a href="https://bcp.cdnchinhphu.vn/344443456812359680/2024/8/15/5ed5bbeced450-1723709835389735300149.jpg" rel="noreferrer noopener" target="_blank" title=""><img alt="Pakistan offers free e-visa to Vietnamese tourists, businessmen- Ảnh 1." id="img_748456083221454848" src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2024/8/15/5ed5bbeced450-1723709835389735300149.jpg" title="Pakistan offers free e-visa to Vietnamese tourists, businessmen- Ảnh 1."/></a>This is part of Pakistan's latest visa policy to offer free e-visa to 126 countries to boost tourism and attract foreign investment, Pakistani Federal Minister for Information, Broadcasting, Culture and National Heritage Attaullah Tarar said on Tuesday.</figure>According to the minister, the nationals from these countries would get their visa within 10 minutes after filling an online form which had only 30 questions compared to nearly 100 as previously.Pakistan and Viet Nam have always enjoyed a pleasant relationship underpinned by shared values of friendship, peace, and development. Both nations celebrated the completion of 50 years of the bilateral relationship in 2022 in a very befitting manner and organized several activities and events.So far, Vietnamese passport holders can enter 56 destinations around the world without the need to apply for a visa or with simplified visa procedures, including visa issuance at the border or through electronic check-in./.

From August 14, 2024, tourists and business travelers from Viet Nam can apply for free e-visa to visit Pakistan.

Pakistan offers free e-visa to Vietnamese tourists, businessmen

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With the goal to be a dedicated consultant for your brand, Orange will answer to all of your questions and issues in the process of online

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Marketing has changed as digital extends into all areas of our lives. While this gives advertisers greater opportunities, it also means customers expect more. Audiences today want services and content that meet their needs, wherever they are, whatever they're doing.At Orange, we're not just specialists in different types of digital marketing - we also know how to bring it together. By putting the customer at the center, we create simple, effective strategies that connect with people across every channel - and grow business in ways they can measure.We’re steadfast in our belief that clarity leads to better results and we use that thinking to power campaigns that help clients improve their marketing impact. We help clients across a diverse range of industries strengthen their brands, ramp up their marketing and grow their share of voice.VISION AND MISSIONOrange aims to become one of the pioneers in marketing. In addition to enhancing and developing traditional marketing such as event management, product promotion, we have been pioneering the expansion of the new Digital Marketing field with the expectation of welcoming the trend and connecting with Global.For Employees: At Orange, we believe “people are the precious assets of the nation" We want to become a second family to each member. We care and create the best condition to work for every member of the company.For customers: Orange always wants to bring the best products and services to customers. We work with the slogan "Bring the best solution to customers". Come to us and you will never be disappointed.For society: We bring benefits to society in a certain way in terms of marketing; create jobs and dynamic environment for young people who have the desire to express themselvesCORE VALUEAmbitiousWe work to make things better. Our aim is high and we never settle.ResponsibleQuality is our first purpose. We take responsibility for our actions. We openly communicate and treat people well in every job we do.CollaborativeWe work alongside media agency, marketing agency and state agency to achieving outstanding results by sharing ideas and knowledge with the best in the business.AgileWe move fast. Real-time reporting, close ties with media agency, and an instinct for trends means we spot opportunities first.PEOPLEOrange’s team has a solid foundation and passion for business management, marketing, finance and development solutions to help businesses grow their markets. Our team is talented and diverse, has the capacity to execute and speaks frankly, behaves in a positive way, accepts challenges and embraces the introduction of intelligent solutions based on modern knowledge. We employ people who are capable of leadership, creativity, enthusiasm in work and the ability to work as well as run a team.

MARKETING HAS CHANGED AS DIGITAL EXTENDS INTO ALL AREAS OF OUR LIVES. WHILE THIS GIVES ADVERTISERS GREATER OPPORTUNITIES, IT ALSO MEANS CUSTOMERS EXPECT MORE. AUDIENCES TODAY WANT SERVICES AND CONTENT THAT MEET THEIR NEEDS, WHEREVER THEY ARE, WHATEVER THEY'RE DOING&nbsp;<figure class="table"><table><tbody><tr><td>At Orange, we're not just specialists in different types of digital marketing - we also know how to bring it together. By putting the customer at the center, we create simple, effective strategies that connect with people across every channel - and grow business in ways they can measure.</td><td>We’re steadfast in our belief that clarity leads to better results and we use that thinking to power campaigns that help clients improve their marketing impact. We help clients across a diverse range of industries strengthen their brands, ramp up their marketing and grow their share of voice.</td></tr></tbody></table></figure>

About

<figure class="image"><img src="https://api.orangemedia.com.vn/images/SEO-Skills_20240830030557.jpg"></figure>SEO - Search Engine Optimization (SEO) is now known as the most effective tool in Online Marketing System. SEO services have emerged since Google became the number one search engine in the world. SEO is the foundation for success. SEO is always a very important part of the campaign to reach customers. Our SEO services always ensure two main factors are high quality and affordable. You just need to come up with a requirement and we will offer a total SEO solution on search engines. Let us know what you need and we will help you.

SEO - Search Engine Optimization (SEO) is now known as the most effective tool in Online Marketing System. SEO services have emerged since Google

Our Expertise

<figure class="image"><img src="https://api.orangemedia.com.vn/images/rqpolxa6ivcvuzkbol5c1a1b4aea4f4_20240830030622.jpg"></figure>Digital Marketing is an activity that has many advantages in the period of internet explosion. However, it does not always deliver remarkable benefits, it’s a double-edged sword. Internet is multi-dimensional and that bring to users the right to speak their voice.Therefore, in order to have a successful Digital Marketing campaign, it is necessary to build a proper campaign from the beginning with the motto of prestige, focus on quality. Orange is pleased to bring you the Digital Marketing solution package as required by your brand to get maximum effect.

Digital Marketing is an activity that has many advantages in the period of internet explosion. However, it does not always deliver remarkable

Digital Marketing 

NEWS

<figure class="image image_resized" style="width:50%;"><img src="https://api.orangemedia.com.vn/images/social-media-marketing-1728x800_c_20240830030849.png"></figure>Always follow and understand the needs and behavior habits of people in modern life, making specialized social media marketing campaign such as Facebook Management, Forum Seeding, KOLs, Youtube Channel, Viral Clip,… is the responsibility of Orange Ltd. We devote our knowledge and time to your brand. This is what makes us the most trusted place in the hearts of consumers.

Always follow and understand the needs and behavior habits of people in modern life, making specialized social media marketing campaign such as

SOCIAL

<figure class="image"><img src="https://api.orangemedia.com.vn/images/service-spotlight-website-management_20240830030746.jpg"></figure>When creating a website or a fan page for business purposes, it will be very difficult to make benefits if introducing products without development orientation and innovative content ideas. Developing a website or fan page may seem simple but make it appear on search engines or gets interactions from internet users is not a simple task. Orange is the right place you need to go if you need help with your website and fan page.

When creating a website or a fan page for business purposes, it will be very difficult to make benefits if introducing products without development&nbsp;

MANAGING WEBSITE

<figure class="image"><img src="https://api.orangemedia.com.vn/images/adwords-tips_20240830031032.png"></figure>Google has now become the number one search engine in the world. In Vietnam, 90% of internet users use Google for their need of internet search. Therefore, Google Adwords has quickly used for online businesses to achieve maximum efficiency. We are here to bring you the Google Advertising service with the most outstanding features.

Google has now become the number one search engine in the world. In Vietnam, 90% of internet users use Google for their need of internet search

GOOGLE ADWORDS

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