Day: November 29, 2022

The first international forum of the National Committee on Youth was held in Hanoi on November 29 to share experience in building and implementing youth development policies.

Addressing the event, Permanent Vice Chairman of the National Committee on Youth of Vietnam Nguyen Tuong Lam underlined that developing the youth is an important matter for every nation.

In Vietnam, young people aging from 16 to 30 account for 22.5% of the country’s population and a strong force contributing to national building and safeguarding, he noted.

Participants gave ideas on fostering coordination in youth development policies, and strengthening cooperation among ASEAN and China.

Pan Meng, a lecturer from China Youth University of Political Studies, shared a number of policies that China has applied to boost youth development, including supporting young talents and encouraging them to participate in important issues.

She said that this year, the Communist Youth League of China has issued a plan to train young talents in the new era.

Nguyen Thi Quyen, Vice Director of the Employment Department under the Ministry of Labour, Invalids and Social Affairs, said that it is necessary to issue employment policies to suit the country’s resources, focusing on promoting local resources in association with central support and other areas.

At the same time, documents, mechanisms and policies should be more specific with timely deployment to grassroots levels in order to create favourable conditions for localities in the implementation process.

In order to improve employment for the youth, especially those in the rural areas, Quyen said that along with strengthening career guidance and improving vocational training, it is necessary to encourage the establishment of new enterprises to create more jobs./.

Source: Vietnam News Agency

Vietnam’s consumer market has great potential to grow, and the country has shown good resilience after the COVID-19 pandemic, according to Corey To, an economist from the Hong Kong Trade Development Council (China).

In an interview granted to Vietnam News Agency correspondents in Hong Kong, Corey To cited the forecast of the International Monetary Fund (IMF), stating that  Vietnam’s GDP growth is likely to expand by 7-7.5% in 2022, leading the group of five emerging economies in ASEAN, including Indonesia, Malaysia, the Philippines and Thailand.

Localities in Vietnam and Hong Kong have witnessed close economic and trade cooperation in recent years, he said, noting that for many years, Vietnam has always been among the top 10 trading partners of Hong Kong.

In 2021 and the first nine months of 2022, Vietnam was Hong Kong’s 8th largest trade partner and the 2nd among ASEAN members.

The ASEAN-Hong Kong Free Trade Agreement, which officially took effect in June 2019, has played a huge role in promoting trade relations between Vietnam and Hong Kong, he said.

With its young population, rapid urbanisation, and abundant labour market, Vietnam is an attractive consumer market, he added.

Vietnam also has huge potential for Hong Kong lifestyle products, he noted, adding that Hong Kong products such as garments, luxury gifts, electronics, accessories, and smart products are becoming increasingly popular in Vietnam.

For these reasons, Hong Kong firms are promoting their  businesses to exploit the Vietnamese market, Corey To said.

According to the economist, Vietnam is one of the fastest growing e-commerce markets in Southeast Asia, and Vietnamese consumers are increasingly wanting to own products with better quality, good prices and delivery conditions.

Hong Kong businesses should pay more attention to further exploiting Vietnam’s e-commerce market as the Southeast Asian nation has a lot of potential for strong development of electronic payments, the economist said

According to a report of PricewaterhouseCoopers (PwC Vietnam) in 2021, Vietnamese consumers are increasingly using e-wallets for payment.

Corey To said Hong Kong businesses should pay more attention to these opportunities./.

Source: Vietnam News Agency

President Nguyen Xuan Phuc on November 29 sent a letter to Hoang Manh Chien, a seventh grader at Cam Thinh Junior High School in Cam Pha city, the northern province of Quang Ninh, commending him on his life-saving brave act.

At around 7:30pm on November 26, on his way home from school, Chien saw an elderly man falling down on the railway when a train was coming. He rushed to pull the man out of the railway, saving him from a life-threating accident.

The President praised the boy’s brave and quick act, and presented him with a portrait of President Ho Chi Minh and a pen.

The State leader expressed a belief that Chien will grow up to be a good citizen, contributing to building a strong country./.

Source: Vietnam News Agency

More than 5,000 aid packages worth 9 billion VND (363,489 USD) were presented to more than 2,000 children and families affected by COVID-19 in Ho Chi Minh City in the first half of this year under a project implemented by the city’s Child Welfare Association and Save the Children, heard a conference on November 29.

The conference was jointly held by the two organisations to review their project on emergency response to reduce COVID-19 impacts in Vietnam’s southern provinces.

According to Pham Dinh Nghinh, Vice Chairman of the HCM City Child Welfare Association, the association contributed more than 6.3 billion VND and the remainder came from Save the Children.

Apart from the aid packages, project workers also gave advice and conducted communication work, publishing and delivering documents on child protection in emergency cases, he added.

Nguyen Vu Trong Binh from Save the Children suggested targeted districts and wards continue with support programmes after the project concludes, saying the organisation will call for donors in other programmes and projects in support of disadvantaged children and families in the city./.

Source: Vietnam News Agency

On the occasion of the International Day of Solidarity with the Palestinian People (November 29), President Nguyen Xuan Phuc sent greetings to the UN Secretary-General Antonio Guterres on November 29.

The President also extended greetings to Chair of the UN Committee on the Exercise of the Inalienable Rights of the Palestinian People Cheikh Niang, and President of the State of Palestine Mahmoud Abbas on the occasion./.

Source: Vietnam News Agency

Chairman of the People’s Committee of the Mekong Delta city of Can Tho Tran Viet Truong and Hungarian Ambassador Baloghdi Tibor compared notes on measures to promote cooperation in high-tech agriculture and infrastructure construction during their meeting on November 29.

At the meeting in Can Tho, the two sides also sought ways to speed up the building of the Can Tho Oncology Hospital with a total investment capital of nearly 1.72 trillion VND (69.46 million USD), of which 57 million EUR (59.13 million USD) is soured from the Hungarian Government’s official development assistance (ODA).

Truong said the construction was set to last from 2015 to 2022, yet it remains pending due to some reasons, including the COVID-19 impact, prompting the Vietnamese Government to issue a decision, extending the work until the end of 2026.

The official noted his hope that the ambassador will provide necessary support to contribute to ensuring the project progress, while working to bring more Hungarian businesses to invest in Can Tho in such priority areas as agricultural and aquatic processing, manufacturing, high-tech agriculture, IT, infrastructure building and trade.

Tibor, for his part, said Can Tho holds a lot of potential in different sectors, noting that the city’s exports to Hungary this year doubled that in the previous year, and many Hungarian firms want to invest in the locality.

He described the Can Tho Oncology Hospital as a demonstration of the intensive and extensive cooperation between the two countries, pledging that Hungary will step up the review and handle obstacles to accelerate the construction.

Both Hungary and Can Tho boast strengths in farm produce and agricultural processing, but they have differences in types of products, he said, stressing that collaboration in this field would benefit the two sides.

According to the Can Tho Department of Foreign Affairs, Can Tho has exported 660,000 USD worth of goods to Hungary this year, mainly rice and aquatic products./.

Source: Vietnam News Agency