Hanoi (VNA) - The following is a list of selected news summaries reported last night by the Vietnam News Agency.
- Party General Secretary To Lam and a delegation of National Assembly deputies of the northern province of Hung Yen met with voters in Hung Yen city on December 2 following the 15th NA’s outgoing eighth session.
At the meeting, voters of Hung Yen highly valued the legislative body's activities in recent times, noting its creativity, improvements, effectiveness, and flexibility. Read full story
- Prime Minister Pham Minh Chinh on December 2 hosted a reception for Thammasak Sethaudom, President and CEO of Thailand’s SCG Group – the investor of Long Son petrochemical complex project worth about 5 billion USD in the southern province of Ba Ria - Vung Tau.
Sethaudom provided an update on the Long Son project and outlined plans for investment expansion, and resented specific recommendations, including strategies to attract leading global technology partners to join the investment efforts. He also thanked the Vietnamese Government, ministries, and Ba Ria - Vung Tau province for their support in resolving challenges and obstacles. Read full story
- National Assembly Chairman Tran Thanh Man met with Singaporean Prime Minister Lawrence Wong on December 2, as part of his official visit to Singapore.
Wong welcomed Man on his first official visit to Singapore in his new role, which comes at a time when Vietnam-Singapore relations are flourishing across various sectors, underpinned by strong political trust and robust economic, trade and investment ties. Read full story
- Vietnam is set to lead Southeast Asia’s e-commerce revolution, given that this industry potentially drives national economic transformation, according to the latest report published by IMARC Group, a market research provider, on December 1.
The report said the global e-commerce market size is valued at 26.8 trillion USD in 2024 and is projected to reach 214.5 trillion USD by 2033. From established giants in the US and Europe to fast-paced markets in Asia, the e-commerce revolution is creating a competitive marketplace that transcends geographical boundaries. Read full story
- Despite a slowdown in 2024, Vietnam’s mergers and acquisitions (M&A) market is expected to regain momentum, driven by the country’s strong economic fundamentals and supportive government policies.
According to Deputy Minister of Planning and Investment Nguyen Duc Tam, there was a decline in M&A deals in the first 10 months of 2024, with only 2,669 foreign-invested deals with a total value of over 3.68 billion USD. This represents a 10.4% decrease in the number of deals and a 29% drop in value compared to 2023. Read full story
- The 2024 Vietnam-Asia Smart City Summit commenced in Hanoi on December 2, aiming to put forward technology solutions and management strategies that help cities modernise infrastructure and develop smart and sustainable services for residents.
Themed “Smart Cities - Digital Economy - Sustainable Development,” the event was co-organised by the Vietnam Software & IT Services Association (VINASA) and the Hanoi Department of Information and Communications. Read full story
- Hyundai Motor will open its first plant in Kedah state, Malaysia next year with an investment valued at 500 million USD, the Malaysian Government has announced.
The deal was reached during Malaysian Prime Minister Anwar Ibrahim’s official visit to the Republic of Korea (RoK) from November 24-26./. Read full story
