Politics

☕ Afternoon briefing on October 18

The following is a brief review of the day’s events as reported by the Vietnam News Agency on October 18.
☕ Afternoon briefing on October 18 ảnh 1

Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on October 18.

- President NguyenXuan Phuc expressed his hope that the Republic of Korea (RoK) will provide moreofficial development assistance (ODA) for Vietnam with a larger scale whilereceiving the RoK’s Minister of Foreign Affairs Park Jin in Hanoi on October 18.

☕ Afternoon briefing on October 18 ảnh 2President Nguyen Xuan Phuc (centre), the RoK’s Minister of Foreign Affairs Park Jin (third from left) and officials pose for a group photo. (Photo: VNA)

The President congratulated the RoK on its achievements insocio-economic development as well as national defence, science, technology andculture.Read full story

- Prime Minister PhamMinh Chinh attended the launching ceremony of a national programme named “Thewhole nation joins hands for the poor in 2022” in Hanoi on October 17.

Addressing the ceremony, PM Chinh noted that since 2021, over86 trillion VND (3.53 billion USD) has been disbursed from the central andlocal budgets to support 56 million people and labourers facing difficultiesdue to the COVID-19 pandemic and 730,000 employers. Read full story

- Hanoi wishesto promote existing cooperation activities and expand cooperation withSingapore to new areas, Secretary of the Party Committee of Hanoi Dinh TienDung told visiting Singaporean President Halimah Yacob at a meeting on October18.

☕ Afternoon briefing on October 18 ảnh 3Secretary of the Party Committee of Hanoi Dinh Tien Dung (R) and Singaporean President Halimah Yacob. (Photo: VNA) 

Hanoi expects to strengthen cooperation with Singapore in thespheres of urban planning and management, finance, health care, travel, smartcity development, e-government and environmental protection, Dung said. Read full story

- Politburo memberand Secretary of the HCM City Party Committee Nguyen Van Nen has vowed to clearhurdles and create best conditions possible for the development of theVietnam-US relations.

Making his remarks while receiving new US Consul GeneralSusan Burns on October 17, Nen thanked the US Government for its support forthe city when it endured an intense period of COVID-19 outbreaks. Read full story

- Vietnam is seeinggreat opportunities in the US market, said Commercial Counsellor in the US DoNgoc Hung who showed optimism about Vietnam-US trade prospects.

Hung noted that amid COVID-19 impacts and the interruption ofglobal supply chains, trade between Vietnam and the US has still grown. In thefirst nine months of this year, two-way trade rose 20% year on year to 96.2billion USD, including 85.1 billion USD worth of Vietnam’s exports, accountingfor 30% of the Southeast Asian country's total export revenue in the period.Read full story

- Despite globalvolatilities, Vietnam’s economy has rebounded strongly this year beyond theforecasts of many international organisations, making the country one of therare bright spots in the global gloomy picture and has the potential to becomea new ‘tiger’ in Asia.

☕ Afternoon briefing on October 18 ảnh 4Goods are transported for export at Hai Phong International Port. (Photo: VNA)

The latest report from the General Statistics Office (GSO)showed Vietnam's GDP growth rate in the first nine months of 2022 hit a 12-yearhigh to reach 8.83%. Notably, the economy expanded 13.76% in Q3 2022 comparedto 7.72% and 5.05% in Q2 and Q1 2022, respectively. The 13.7% GDP expansionin Q3 2022 was a record quarterly growth rate in Vietnam and surpassed the rateof 13.5% of India to become the highest in Asia this year.Read full story

- The strong foreigndirect investment (FDI) inflow from the Republic of Korea (RoK) has been givinga significant push to Vietnam in the battle to move up the global value chainladder and promote sustainable development.

The RoK has been by far the most important source of FDI toVietnam and contributed greatly to accelerating the socio-economic developmentof the Southeast Asian country.Read full story

- The central city ofDa Nang holds great potential to become a ‘Silicon Valley’ of Southeast Asia,especially when it receives more investment, technology and resources of firmswhich come from the US’s ‘Silicon Valley’, an official has said.

☕ Afternoon briefing on October 18 ảnh 5A corner of Da Nang city (Photo: VNA)

At an October 17 seminar on digital transformation and smartcities between companies operating in the information and communicationstechnology (ICT) sector of the US and Da Nang city, deputy head of theInternational Cooperation Department under the Ministry of Information andCommunications Hoang Anh Tu pointed out that Da Nang is home to themost high-tech parks, concentrated information technology parks, and softwareparks in the central region./.Read full story

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