☕ Afternoon briefing on August 30

The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 30.
☕ Afternoon briefing on August 30 ảnh 1

Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 30.

- President Nguyen Xuan Phuc has hailed the Vietnam Red CrossSociety of (VRC)’s strong performance in connecting kind hearts to multiplyacts of kindness, spreading the humane values of the country’s society andregime.

☕ Afternoon briefing on August 30 ảnh 2President Nguyen Xuan Phuc (R) presents a third-class Labour Order to the Humanitarian TV Centre. (Photo: VNA)

Addressing the closing ceremony of the VRC's 11th NationalCongress for the 2022-2027 tenure on August 30, the State leader noted thatwith total fund of over 23 trillion VND (982.15 million USD) reserved forhumanitarian activities, 2.36 times higher than the figure in the previoustenure, the VRC has affirmed its role as a key social organisation for charityactivities of the country. Read full story

- Religions in Vietnam have supported the nation in alldifficulties and challenges, Prime Minister Pham Minh Chinh said while chairinga conference praising religious organisations that have made contributions tonational construction and defence in Ho Chi Minh City on August 30.

At the same time, the religions have helped to optimiseopportunities to bring about prosperity to the nation and wealthy and happinessto people, the leader added. Read full story

- Naval ship HQ 012-Ly Thai To of Brigade 162 of the NavalRegion 4 arrived in Batu Ampar port of Indonesia on August 29, beginning itsvisit, exchange and joint drill with the Indonesian Navy.

☕ Afternoon briefing on August 30 ảnh 3Representatives of the Vietnamese delegation and Indonesian Navy pose for a group photo. (Source: VNA)

To reach the destination, the Vietnamese delegation, headedby Colonel Nguyen Van Ngan, Deputy Chief of Staff of the Naval Region 4, hadcrossed nearly 750 nautical miles in more than three days. Read full story

- Vietnam’s textile - garment industry is set to earn 45billion USD in exports in 2022, compared to 40.4 billion USD last year, aninsider has said.

Truong Van Cam, Vice Chairman of the Vietnam Textile andApparel Association (VITAS), said the industry has been expanding fast over thelast five years, at 20 - 26% annually. Vietnam is currently the world’s thirdlargest exporter in this regard. Read full story

- Vietnam will move to attract large enterprises andcorporations with high technology, said Nguyen Anh Tuan, deputy director of theMinistry of Planning and Investment's Foreign Investment Agency.

At the same time, the country will prioritise investmentprojects in high technology, supporting industry, and digital economyinnovation, especially in the automotive industry, to create favourableconditions for Vietnamese enterprises to participate in the value chain. Read full story

- Though Vietnam has risen to one of the world’s top 20ornamental fish exporters, the sector is still struggling to recoverpost-pandemic due to rising shipping costs.

☕ Afternoon briefing on August 30 ảnh 4Illustrative image (Source: VNA)

Two thirds of ornamental fish farms in Vietnam are located inHo Chi Minh City which accounts for 62% of the country’s total exports of theproduct, according to the municipal Fisheries Sub-Department. Read full story

- Corporate bond issuance took a dive in the first halfof 2022 amid lower bond interest rates.

According to MB Securities, over 183.5 trillion VND (7.8billion USD) of corporate bonds were issued in the first six months of theyear, down 10% year-on-year. Of which, just 5.3 trillion VND went toinvestors through public offerings. Read full story

- A total of 285.4 trillion VND (12.18 billion USD) sourcedfrom the State budget was disbursed in the first eight months of 2022, equal to51% of the yearly plan and up 16.9% year-on-year.

Of the total, the capital managed by the government isestimated at 50.4 trillion VND, equivalent to 47.7% of the yearly plan, and up18.1% y-o-y, according to the General Statistics Office (GSO)./. Read full story

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