Politics

☕ Afternoon briefing on March 31

The following is a brief review of the day’s events as reported by the Vietnam News Agency.
☕ Afternoon briefing on March 31 ảnh 1

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

- Prime Minister Pham Minh Chinh on March 31asked the Joint Stock Commercial Bank for Foreign Trade of Vietnam(Vietcombank) to carry forward its leading role among credit institutions whileaddressing a meeting celebrating the 60th anniversary of the State-owned lenderin Hanoi on March 31.

☕ Afternoon briefing on March 31 ảnh 2PM Pham Minh Chinh presents the Labour Hero title to Vietcombank. (Photo: VNA) 

Pointing to the complex, unpredictable globalsituation, the PM asked the State Bank and the banking sector to continueimplementing cautious and flexible monetary policies, in concerted coordinationwith suitable fiscal policies and clear focuses in order to maintain the macro-economicstability, control inflation, spur growth and ensure major economic balances. Read full story

- Deputy Prime Minister Tran Luu Quang hosted areception for Kim Myoung-kyu, Vice President of LG Display Co Ltd, a subsidiaryof LG Group of the Republic of Korea (RoK), on March 31 in Hanoi.

☕ Afternoon briefing on March 31 ảnh 3Deputy Prime Minister Tran Luu Quang (R) and  Kim Myoung-kyu, Vice President of LG Display Co Ltd. (Photo: VNA)

During the meeting, Quang suggested the RoK firmexpand its investment in Hai Phong and other Vietnamese localities and build aresearch & development centre in Vietnam. Read full story

- Foreign Minister Bui Thanh Son hosted a reception for LiuNing, Secretary of the Party Committee of the Guangxi Zhuang Autonomous Region,in Hanoi on March 30, discussing a wide range of issues to boost ties betweenthe two sides.

During the session, the host proposed that the two sides promoteexisting bilateral cooperation mechanisms and programmes, expand friendshipexchange between the people along the shared border, and effectively implementlegal documents regarding land border and related agreements. Read full story

- Vietnamese Deputy Ministerof Foreign Affairs Le Thi Thu Hang and Italian Undersecretary for ForeignAffairs and International Cooperation Maria Tripodi co-chaired the fifthpolitical consultation between the two ministries to discuss orientations topromote the bilateral Strategic Partnership in the coming time.

The two sides expressedtheir delight that the consultation was held on the occasion of the 50thanniversary of the establishment of the bilateral diplomatic ties, and the 10thfounding anniversary of the Strategic Partnership. Read full story

- Minister Counselor Le Thi Minh Thoa, Deputy PermanentRepresentative of Vietnam to the United Nations, has called for a comprehensiveand all-society approach to sustainable waste management.

Addressing the United Nations General Assembly’s session on zerowaste – breakthrough solution to sustainable development goals (SDGs) on March30, Thoa said sustainable waste management plays a crucial role in achievingthe SDGs, especially Goal No.12 on sustainable production and consumption andGoal No.13 on climate change response. Read full story

- Vietnam is one of the most potential marketsin the Asia-Pacific region for shoppertainment - a trend that combines onlineshopping with entertainment, according to a report named “Shoppertainment:APAC’s Trillion-Dollar Opportunity” by the US-based Boston Consulting Group(BCG) and TikTok.

☕ Afternoon briefing on March 31 ảnh 4Illustrative image (Source: baodautu.vn)

The report shows that the shoppertainmentopportunity in the region is projected to expand to a market value of over 1trillion USD by 2025, doubling from the 500 billion USD value last year. Read full story

- The United Overseas Bank (UOB) has lowered its 2023 economicgrowth forecast for Vietnam from 6.6% to 6% due to a low base in the firstquarter (Q1) of this year.

In the latest economic growth in Q1/2023 report of Vietnam, thebank said that the country's GDP growth in the period only increased 3.32% yearon year, a sharp fall from 5.92% in Q4/2022.Read full story

- The Government has agreed to propose to theNational Assembly some new policies relating to the immigration, transit andresidence of foreigners in Vietnam, including one on a visa extension to 90days.

Do Van Thuc, Deputy Director of Dat Viet TourCompany, said his trans-national tours are favoured by many internationaltourists, adding that such tours offer six days in the north and another sixdays in the central region./. Read full story

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