Politics

☕ Afternoon briefing on August 14

The following is a brief review of the day’s events as reported by the Vietnam News Agency.
☕ Afternoon briefing on August 14 ảnh 1

Hanoi, (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency.

-The National Assembly (NA) Standing Committee convened its 25th session inHanoi on August 14 under the chair of NA Chairman Vuong Dinh Hue.
The meeting will have to deal with theheaviest-ever workload since the beginning of this year, with 21 contents,focusing on the supervision work, law-making, and other important matters, theleader said in his opening remarks.  
Therefore, it is divided into two phases, with thefirst from August 14-18, and the second from August 24-25, he added.Read full text

-Prime Minister Pham Minh Chinh has ordered the Mekong Delta province of DongThap to become a pioneer in promoting the development of modern rural areas,ecological agriculture, and civilised farmers.
Working with the provincial Party Committee’sStanding Board on August 13, Chinh, who is also a Politburo member,highlighting Dong Thap’s favourable location and high potential, noting that itshares a long border line with Cambodia with two international border gates,and has a large area of alluvial soil thanks to Tien and Hau Rivers.Read full text

- Foreigndirect investment (FDI) inflows into Vietnam have gradually recovered with manylarge-scale investment projects following the COVID-19 pandemic as well aspolitical and economic uncertainties in the world.
Several days ago, the south-central province ofBinh Thuan granted an investment licence to a series of gas and electricity projectsusing liquefied natural gas (LNG), enabling the implementation of fourlarge-scale projects invested by Vietnamese and foreign businesses.Read full text

-Vietnam’s economic growth is likely to rebound in 2024 and 2025, according toDorsati Madani, Senior Economist at the World Bank (WB).
Madani noted that Vietnam's major tradingpartners, including the US, Europe, and China, have all experienced negativeimpacts in recent times due to global instabilities and reduced demand.Read full text

-Vietnam’s economy has begun to gather steam again since the start of the thirdquarter of this year, helping consolidate confidence of businesses andinvestors, experts have said.
The country’s index of industrial production (IIP)in July expanded 3.9% from the previous month and 3.7% against the same periodlast year, statistics show.Read full text

-Vietnam’s aquatic product exports are likely to suffer a drop in 2023 althoughmarket prospects are better than last year's end, the Vietnam Associationof Seafood Exporters and Producers (VASEP) has reported.
According to VASEP, in the best scenario with arecovery of the market and a stable supply of raw materials, seafoodexports in the remaining five months of 2023 may reach over 4 billion USD,bringing the total export value in 2023 to 9 billion USD and representing adecline of 15-16% compared to 2022.Read full text

-Itis necessary to strengthen cooperation in vaccines and biopharmaceuticals toproactively prevent and control diseases, Deputy Prime Minister Tran Hong Hasaid while receiving Chairman and General Director of AstraZeneca Vietnam NitinKapoor in Hanoi on August 14.
The Deputy PM highly appreciated AstraZeneca’svaluable and timely support for Vietnam in the fight against COVID-19.Read full text  

-TheMinistry of Natural Resources and Environment held a conference in Hanoi onAugust 14 to review the 10-year implementation of Resolution 24-NQ/TW onnatural resources management issued by the 11th Party Central Committee.
Addressing the event, Deputy Minister of NaturalResources and Environment Tran Quy Kien said that in order to complete a reportsummarising the 10-year implementation of the resolution, localities shouldsubmit their full and comprehensive reports on the results of managementactivities over land, water, geological, mineral, environmental, sea andislands resources.Read full text

-TheLaw on amendments and supplements to a number of articles of the Law on theExit and Entry of Vietnamese Citizens, and the Law on Foreigners’ Entry into,Exit from, Transit through, and Residence in Vietnam, which will officiallytake effect from August 15, is expected to generate “golden opportunities” forthe tourism sector to attract international visitors, insiders have said.
Accordingly, Vietnam will extend the validity oftourist e-visas to 90 from 30 days, with multiple entries, and triple theduration of visa-free stays for visitors from certain countries to 45 days.
Both the Vietnam National Authority of Tourism(VNAT) and experts held that such adjustments will help spur the domestictourism sector's strong development, and create attractive businessopportunities for investors.Read full text/.

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