Politics

☕ Afternoon briefing on May 30

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

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

- The State Bankof Vietnam (SBV) has requested banks, branches of foreign banks, and providersof intermediary payment services to take steps to continue promoting cashlesspayment and the implementation of the national digital transformation programme.

☕ Afternoon briefing on May 30 ảnh 2Illustrative image (Photo: VNA)

The move is also set to help with the plan ondeveloping the application of resident data and electronic identification andauthentication to serve national digital transformation for the 2022 - 2025period, with a vision to 2030. Read full story

- Total revenue fromretail sales of consumer goods and services in May was estimated at 519trillion VND (22.09 billion USD), an increase of 1.5% over the previous monthand 11.5% year on year thanks to the long holidays in the beginning of themonth, according to the General Statistics Office (GSO).

The results pushed the total retail sales ofconsumer goods and services in the first five months of this year to 2.52quadrillion VND (107.2 billion USD), a year-on-year rise of 12.6%, excludingthe 8.3% rise in price, the GSO reported. Read full story

- The southern largest economic hub of Ho Chi Minh City isstriving to achieve an annual growth rate of at least 10% in the inflow ofremittances during the 2023-2025 period and maintains this rate in 2025-2030.

☕ Afternoon briefing on May 30 ảnh 3HCM City seeks ways to attract more remittances. (Photo: VNA)

The information was heard at a seminar held in the city on May29 by the State Committee for Overseas Vietnamese Affairs of HCM City, incoordination with the State Bank of Vietnam (SBV) Branch in HCM City to seekcomments and solutions of overseas Vietnamese intellectuals to effectively attractand optimise remittance resources in the city. Read full story

- Consumers and businesses are called onto join authorities to curb counterfeit, fake, and smuggled goods on onlineshopping platforms, particularly as e-commerce has been thriving strongly inVietnam.

Statistics from the Vietnam E-commerceAssociation (VECOM) show that in 2021, Vietnam’s retail e-commerce market sizereached 13.5-13.7 billion USD. In 2022, the figure increased to 16.4 billionUSD and is forecasted to reach about 38 - 39 billion USD by 2025. Read full story

- Amid the slowing down of the globalinvestment flows, experts held that improving both quality and number offoreign investment projects is a heavy task for Vietnam, requiring greatefforts from the Vietnamese Government to fulfil the “dual targets”.

According to the Foreign Investment Agency underthe Ministry of Planning and Investment (MPI), as of May 20, Vietnam had drawn10.86 billion USD of foreign direct investment (FDI), down 7.3% year on year,including 5.26 billion USD of newly-registered capital, up 27.8%. Read full story

- Sixty of the Vietnamese citizens recentlyrescued from a gambling establishment in Pampanga province, near Manila capitalof the Philippines, arrived in the homeland on early May 30.

☕ Afternoon briefing on May 30 ảnh 4The 60 Vietnamese citizens arrive at Tan Son Nhat International Airport in HCM City on May 30 morning. (Photo: VNA)

According to the Vietnamese Embassy in thePhilippines, local authorities on May 4 rescued more than 1,000 people,including 437 Vietnamese nationals, who were forced to work at a gamblingestablishment in Pampanga province. Read full story

- Minister of Health Dao Hong Lan has said thatPrime Minister Pham Minh Chinh would chair a meeting of the National SteeringCommittee for COVID-19 Prevention and Control this weekend to deliberate thedowngrading of COVID-19 from its current placement in Class A infectiousdiseases down to Class B.

Lan told the National Assembly that on May 29that the World Health Organisation (WHO) announced that COVID-19 no longerconstituted a Public Health Emergency of International Concern, the designationthat was attached to the viral disease more than three years ago, but thepandemic is not over yet. Read full story

- Vietnam is among the top three mostfavourite tourist destinations for Korean visitors in Asia, according tostatistics from KB Kookmin Card of the Republic of Korea (RoK).

☕ Afternoon briefing on May 30 ảnh 5Vietnam among top three attractive destinations for RoK visitors. - Illustrative image (Photo: VNA)

Korean tourists have spent money on travel abroadas soon as COVID-19 prevention measures being lifted./.Read full story

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