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☕ Afternoon briefing on May 8

The following is a brief review of the day’s events as reported by the Vietnam News Agency.
☕ Afternoon briefing on May 8

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 has set three major digital transformation targets for the banking sector, including creating the most favourable conditions for people, businesses and agencies to access banking services.
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Prime Minister Pham Minh Chinh addresses the event (Photo: VNA)

At an event on digital transformation in the banking industry held by the State Bank of Vietnam (SBV) in Hanoi on May 8, the PM said digital transformation should contribute to reducing time and compliance cost for people, businesses and agencies and the banking system itself, while helping control risks and prevent corruption. Read full story

🅘- Vietnamese Ambassador to Australia Pham Hung Tam had a meeting on May 7 with Assistant Minister for Foreign Affairs of Australia Tim Watts who expressed his hope to see economic, trade and investment cooperation between the two countries develop commensurate with the new stature of the bilateral comprehensive strategic partnership.

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Vietnamese Ambassador to Australia Pham Hung Tam (R) and Assistant Minister for Foreign Affairs of Australia Tim Watts (Photo: VNA)

The Australian official highlighted the positive development in the Vietnam-Australia relations, especially after Vietnamese Prime Minister Pham Minh Chinh's visit to Australia and the upgrade of bilateral ties to a comprehensive strategic partnership in March.Read full story

-Vietnamese electric vehicles maker VinFast Auto announced it will officially enter the Philippine EV market at the end of May with diverse and smart green mobility solutions, affirming its determination to conquer the regional market.

As one of the pioneering automobile manufacturers with a pure-electric strategy, VinFast has affirmed its reputation with its presence in many international markets such as the US, Canada, Europe and recently Indonesia, India and Thailand. Read full story

- Vietnam exported 83,067 tonnes of pepper worth 352 million USD in the first four months of this year, down 19.4% in volume but up 10.3% in value, the Vietnam Pepper and Spice Association (VPSA) has reported.

The average export price of black pepper was 4,065 USD per tonne and white pepper 5,678 USD per tonne, up 19.4% and 14.5%, respectively, compared to the same period in 2023.Read full story

- Japan's renewable energy firm Erex is going to invest in a 50MW biomass power plant project in Van Yen district, the northern mountainous province of Yen Bai.

Chairman of the Yen Bai provincial People's Committee Tran Huy Tuan presented a decision approving investment policy for the Yen Bai 1 biomass power plant project to Representative Director and President of Erex Co. Ltd Honna Hitoshi in Tokyo on May 8.Read full story

- The Nine Dynastic Urns, housed in the Hue Imperial Citadel in the central province of Thua Thien-Hue, have been inscribed in the Memory of the World Register.

This prestigious recognition was awarded unanimously by all 23 participating countries during the 10th plenary meeting of the Memory of the World Committee for Asia and the Pacific, held in both online and in-person format in Mongolia on May 8.Read full story

-The ceremony marking the 70th anniversary of the Dien Bien Phu Victory, with the French Minister of Armed Forces in presence, has been widely covered in the French media as an action to recall the past but also look toward the future.

Major television channels, including TF1, France Info, Euronews, TV5 Monde, and France 24, all featured the event, which was held in Dien Bien province on May 7 morning (Vietnam time), prominently. The first presence of French Minister of the Armed Forces Sébastien Lecornu and Secretary of State for Veterans' Affairs and Memory Patricia Mirallès at the ceremony was widely interpreted as a gesture of "reconciliation".Read full story

- Vietnam's inbound tourism is experiencing a remarkable resurgence, exceeding pre-pandemic levels as of the late April, signaling a promising season for the sector.

Statistics from the Vietnam National Administration of Tourism (VNAT) showed that in April alone, the country welcomed nearly 1.6 million foreign arrivals, a 58.2% increase compared to the same period last year. This momentum propelled the total number of international arrivals in the first four months of this year to 6.2 million, representing a 68.3% annual growth. This figure surpassed that recorded during the pre-pandemic "golden era" of tourism.Read full story

- Ho Chi Minh City has caught the eye of foreign travelers to earn a spot on a list of Agoda’s top Asian destinations for extended stays.

Ranking seventh on the list, HCM City, famous for its bustling streets, pulses with vibrant energy that is best enjoyed when embraced fully, Agoda said, suggesting visitors step in the rhythm of the locals and experience the city slowing down by enjoying a traditional Ca Phe Sua Da, Vietnamese coffee, in the morning.Read full story/.

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PM Pham Minh Chinh orders quick progress on feasibility studies and procedures for important infrastructure projects. (Photo: VNA)

ꦰ Local administrative restructuring must not stall other tasks: PM

The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
PM Pham Minh Chinh chairs the national teleconference on June 22. (Photo: VNA)

ඣ PM chairs national teleconference to promote key programmes

Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
At the plenary session of the 28th St. Petersburg International Economic Forum (SPIEF 28) in Russia on June 20. (Photo: VNA)

🔜 Deputy PM attends St. Petersburg economic forum, sidelines bilateral activities

Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
Ambassador Do Hung Viet (R) presents his credentials to United Nations Secretary-General Antonio Guterres at the UN Headquarters in New York on June 20. (Photo: VNA)

💙 Vietnam becomes model in implementing SDGs: UN chief

The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Deputy Minister of Foreign Affairs Ngo Le Van receives a delegation from the Foreign Policy Advisory Committee under the Chinese Ministry of Foreign Affairs. (Source: baoquocte.vn)

🃏 Vietnam, China intensify experience sharing in diplomatic affairs

The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
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