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The year-on-year inflation rate in Laos declined to 38.86% in May, down from 39.89% in April, according to the Lao Statistics Bureau.

Vietnamese Minister of Foreign Affairs Bui Thanh Son has hailed the Vietnamese community in France for their practical contributions to the homeland.

Vietnamese Minister of Foreign Affairs Bui Thanh Son has affirmed that Vietnam always treasures relationship with France, its important member in the European Union (EU) and strategic partner, with strong historical, cultural, and people-to-people ties.

Vietnam ranked seventh among the top 10 emerging colocation markets globally with a market size estimated to hit 1.5 billion USD by 2026, according to a recent report by KPMG published earlier this month.

Foreign Minister Bui Thanh Son had a meeting in Paris on June 5 with United Nations Educational, Scientific and Cultural Organisation (UNESCO) Director-General Audrey Azoulay, who affirmed that Vietnam has always been a responsible member and one of the pioneering countries in implementing UNESCO programmes and activities.

Vietnam welcomed nearly 4.6 million international arrivals in the first five months of this year, an increase of 12.6-fold from the same period last year, according to the General Statistics Office.

Prime Minister Pham Minh Chinh received Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi of the United Arab Emirates (UAE) in Hanoi on June 5, calling on the UAE to work closely with the Vietnamese Ministry of Industry and Trade to soon finalise talks on the bilateral Comprehensive Economic Partnership Agreement (CEPA).

The total inflows of foreign direct investment into Ho Chi Minh City from early this year to May 20 reached over 1.14 billion USD, down 13.5% annually, reported the municipal Department of Planning and Investment.

Vietnamese Ambassador to France Dinh Toan Thang has said Vietnamese Minister of Foreign Affairs Bui Thanh Son’s attendance at the 2023 Organisation for Economic Cooperation and Development (OECD) Ministerial Council Meeting (MCM) and official visit to France from June 5-8 would provide an opportunity to reaffirm the common perception of the vision of the bilateral relations and the determination to promote deeper and closer connections between the two countries, particularly in meeting their requirements in the new context.

The Ministry of Finance has proposed reducing by 10% to 50% of fees and charges in the securities sector, fees for appraisal of licenses for international travel service business, and for issuance of citizen identification cards from July 1 to December 31, 2023.

In its tourism development strategy by 2030, Vietnam identified marine tourism as one of the four main groups of tourism products, but there remains much to be done to fully tap into marine tourism potential.

In the first months of this year, Hanoi has focused on removing difficulties to and facilitating industrial production, export-import, public investment, and foreign investment attraction, according to a local official.

Without stronger actions to lift the “yellow card” warning, Vietnam may face the “red card” from the European Commission (EC), which means it will be banned from exporting seafood to Europe, Deputy Prime Minister Tran Luu Quang told a meeting in Hanoi on June 1.

Another 80 Vietnamese citizens recently rescued from a casino in Pampanga province, near Manila capital of the Philippines, have been safely repatriated, raising the number of those returning home so far to 140, said Deputy Spokesman of the Ministry of Foreign Affairs (MoFA) Nguyen Duc Thang.

The 4th meeting of the Vietnam – Mozambique Intergovernmental Committee on Economic, Culture and Scientific-Technological Cooperation, took place in Maputo capital city of Mozambique on May 30, under the co-chair of Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri and Mozambican Deputy Minister of Foreign Affairs and Cooperation Manuel José Gonçalves.

Laos welcomed over 1 million foreign tourists in the first four months of this year, according to the Tourism Development Department of Lao Ministry of Information, Culture, and Tourism.

Vietnam welcomed nearly 4.6 million international arrivals in the first five months of this year, soaring 12.6-fold from the same period last year, the General Statistics Office said on May 29.

Singapore was the biggest foreign investor in Ho Chi Minh City in terms of newly-registered projects and capital contribution for share purchases in the last five months, with 72 new projects worth 121.5 million USD, accounting for 60.8% of the total capital of the new projects.

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

Sixty of the Vietnamese citizens recently rescued from a gambling establishment in Pampanga province, near Manila capital of the Philippines, arrived in the homeland on early May 30.