Politics

☕ Afternoon briefing on July 26

The following is a brief review of the day’s events as reported by the Vietnam News Agency on July 26.
☕ Afternoon briefing on July 26 ảnh 1

Hanoi (VNA) - The following is abrief review of the day’s events as reported by the Vietnam News Agency on July26.

- Prime Minister PhamMinh Chinh has ordered COVID-19 vaccination be sped up in the face of thepandemic resurgence in some countries.

He made the request in an official dispatch sent to thePeople’s Committees of provinces and cities nationwide, ministries,ministry-level and government agencies on July 25.Read full story

- Vietjet on July 25jubilantly commenced operation of Ho Chi Minh City – Busan service with themaiden flight warmly welcomed with water cannon at Gimhae International Airport.

☕ Afternoon briefing on July 26 ảnh 2Delegates cut the ribbon to launch new routes (Photo courtesy of Vietjet)

The inaugural flight of Da Nang - Busan service also took offon July 20 while the Hanoi/Nha Trang - Busan routes have been back to servicefrom July 1 and July 21 respectively. Read full story

- Vietnam’s processmanufacturing sector has to date attracted 252 billion USD in foreign directinvestment (FDI), accounting for nearly 60% of the total foreign capital pouredinto the Southeast Asian country.

According to the Foreign Investment Agency under the Ministryof Planning and Investment, there are currently 34,898 valid FDI projects worth426.14 billion USD in Vietnam. Read full story

- Vietnam is onthe right track in accelerating its decisive economic reform, but an upgrade isneeded to meet the government's aspirations of sustained, inclusive, and greengrowth, said an expert from the International Monetary Fund (IMF).

☕ Afternoon briefing on July 26 ảnh 3A view of Ho Chi Minh City from above (Photo: vneconomy.vn)

According to Era Dabla-Norris, head of the IMF’s Article IVConsultation of the Department of Asia-Pacific, one of the most importantchallenges holding back productivity and hindering an efficient allocation ofresources is the pervasive economic differences across firms, sectors, andworkers. Read full story

- The JointStock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has reportedan impressive pre-tax profit of 17.3 trillion VND (740.1 million USD) in thefirst half of 2022.

In the January-June period, the bank’s bad debt provisionrate reached a record of over 500%, the highest in the market. Read full story

- The Republic ofKorea (RoK) on July 26 received 153 Vietnamese labourers under the EmploymentPermit System (EPS).

Among these labourers, 110 will work in the manufacturing industry,while the others in the fishery sector. Read full story

- The VietnamNational Administration of Tourism (VNAT) is adopting measures to fulfill thetarget of welcoming 5 million foreign tourists this year, according to VNATGeneral Director Nguyen Trung Khanh.

☕ Afternoon briefing on July 26 ảnh 4Tourists on Golden Bridge in the central coastal city of Da Nang. (Photo: VNA)

The VNAT will further optimise markets that have resumed airroutes with Vietnam and those that permitted their citizens to travel abroadand Vietnamese expats to return to the homeland after the COVID-19 pandemic wasput under control./. Read full story

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