Day: January 1, 2024

Hanoi: The State Bank of Vietnam (SBV) will improve credit quality and prioritise capital for spearhead sectors that drive the economic growth in 2024. It will continue operating an open market in a flexible and proactive fashion, and stand ready to support liquidity for the credit institution system. KB Security Vietnam Company (KBSV) expected Vietnam's credit growth at 13-14% in 2024 on the back of a better economic situation as well as the removal of bottlenecks in the realty market and enterprises bonds. In 2023, unprecedented developments of the global economy posed formidable challenges to the country's monetary policy. In the meantime, credit growth was well below expectations as enterprises were in a difficult situation though the SBV rolled out an array of support measures. Earlier, the central bank said the credit growth target in 2023 will be about 14-15%, with flexible adjustments in accordance with actual development so as to stabilise the macro-economy and support economic growth in a ration al fashion. To realise the set goal, the SBV carried out an array of measures to back credit growth, including the issuance and amendment of related mechanisms and policies, while rolling out large-scale credit programmes for affordable housing projects, renovation of old apartment buildings, and seafood and forestry processing. It adjusted the refinancing interest rate and overnight rate of the interbank e-payment, and ordered credit institutions to reduce deposit interest rates by 1.5-2% a year. According to SBV Governor Nguyen Thi Hong, the bank has strictly followed the Government and the Prime Minister's directions, and kept a close watch on the economic situation. The idea is to have a flexible response and roll out uniform measures and monetary policy tools, making contributions to the nation's economic development. Despite drastic measures put in place, the bank found it hard to withstand the challenges in credit growth. As of November 30, the total credit of the entire economy had risen 9.15% yea r-on-year to reach some 13 million of billion VND (532.75 billion USD), which is far from the year-end target. SBV Deputy Governor Dao Minh Tu blamed the fall to the fact that mobilisation channels of the capital market did not show efficiency. They did not develop on par with their roles of supplying mid- and long-term capital for the economy. Therefore, there is a need to incrementally increase the economy's reliance on capital from commercial banks, he explained. The ratio of credit to GDP was on the rise, posing great risks to the credit insitutions, he said, adding as they have a lot of liquidity while lending rates would be lower, there is ample room for credit growth. According to Dr. Nguyen Xuan Thanh, lecturer from the Fulbright School of Public Policy and Management, Vietnam's credit would expand 11% for the whole 2023, while the figure could rise to 14-15% next year to support the GDP growth from 6.5%. A loose monetary policy should be maintained; however, the central bank could adjust it if t he economy faces pressure from exchange rate and inflation, Thanh said./. Source: Vietnam News Agency

Bangkok: Big Joke" emphasizes that all units take strict care of speeding - drinking and driving - do not drive while drowsy, emphasizing strict enforcement of the law. Continually take care of the safety of people's travel. There were a total of 1,150 accidents in 3 days, a total of 1,151 injuries, and a total of 128 deaths. The province had no deaths. (Zero deaths) There are 22 provinces. Today (January 1, 2024) at the Department of Disaster Prevention and Mitigation (DPWD), Pol. Gen. Surachet Hakphan, Deputy Commissioner of the Royal Thai Police, along with Mr. Chotinarin Kerdsom, Deputy Permanent Secretary of the Ministry of Interior, Mr. Chaiyawat Junthirapong, Director General of the Department of Disaster Prevention and Mitigation and Mr. Thienchai Chukittiwiboon Ms. Chatchadaporn Boonpiranat, Deputy Director-General of the Department of Disaster Prevention and Mitigation, announced a summary of road accident statistics during the New Year Festival 2024. As of December 31, 2023, there were 424 acciden ts, 416 people injured, and 51 deaths. Summary of road accidents The accumulated roads during the 3 days of the campaign (29 - 31 Dec. '23) had a total of 1,150 accidents, a total of 1,151 injuries, and a total of 128 deaths. The province had no deaths. (Zero deaths) There are 22 provinces in which the NCPO has emphasized strict monitoring of speeding and drinking and driving, emphasizing strict law enforcement and continuously implementing measures to take care of the safety of people's travel. Pol. Gen. Surachet Hakphan, Deputy Commissioner of the Royal Thai Police As chairman of the press conference summarizing the results of the operations of the Road Accident Prevention and Reduction Center during the New Year Festival 2024, he revealed that the Road Accident Prevention and Reduction Center During the New Year Festival 2024, the Department of Disaster Prevention and Mitigation and the cooperation of network partners have compiled road accident statistics for December 31, 2023, which is the third day of the campaign. 'Drive safely. Accident-Free Thailand" had 424 accidents, 416 injuries, and 51 deaths. The causes of the highest number of accidents included speeding (37.26 percent), drinking and driving (32.78 percent). The vehicles causing the most accidents were motorcycles (86.91 percent), most of them. Occurs on direct routes, 80.19 percent, roads in Subdistrict Administrative Organizations/Villages, 37.03 percent, Department of Highways roads, 36.56 percent. The highest accident period includes the period 12:01 a.m. - 1:00 a.m., with the highest number of injuries and deaths, 8.02 percent. 21.20% were in the age range of 20 - 29 years, 1,780 main checkpoints were established, and 51,670 personnel were working. The province with the highest number of accidents was Kanchanaburi (18 times). The province with the highest number of injuries was Nakhon Si Thammarat (20 people). The highest number of deaths were Nakhon Phanom and Udon Thani (4 cases per province). Summary of accumulated road accidents during t he 3 days of the campaign (29 - 31 Dec. '23). There were a total of 1,150 accidents, a total of 1,151 people injured, and a total of 128 deaths. The province with the highest number of accumulated accidents was Kanchanaburi (44 times). The province with the highest number of cumulative injuries was Kanchanaburi (43 people). The province with the highest number of cumulative deaths was Bangkok (8 people). The province with no deaths. (Zero deaths) There are 22 provinces. However, today (January 1, 2024) is still in the celebration period to welcome the New Year Festival. Some people still travel and make merit in various places. Including the majority of people returning to Bangkok and the economic zone provinces in various regions, making the main routes and secondary routes connecting between provinces There is a heavy traffic volume, so the CPDC has coordinated with provinces, districts, and local government organizations. and related agencies take care of safety and facilitate travel for the people. Offic ers at checkpoints continuously enforce the law on various routes, especially secondary routes connecting villages and districts. which people use as a shortcut to the main road Ready to strictly control drivers who have risky behavior. Including speeding, drinking and driving, not using safety equipment. including evaluating the readiness of drivers To prevent accidents from speeding and drowsy driving, in addition, take care of the safety of people around the bus station. Inspect drivers and bus conditions to ensure they are ready to serve passengers and facilitate continuous travel for the public. Mr. Chaiyawat Junthirapong, Director-General of the Department of Disaster Prevention and Mitigation (DPWD), as secretary of the Road Safety Administration Center, revealed that the Disaster Prevention and Mitigation Center has instructed them to strictly enforce risky behavior in speeding and drinking and driving on roads. The main and secondary routes during the period had high accident statistics. and emphasi ze community checkpoints to act proactively To deter drivers who have accident-risk behavior. In particular, motorcycle users should wear helmets and not drive in a spirited and dangerous manner. Including preparing to help victims. and publicize for drivers to facilitate traffic. So that officials can quickly reach the scene of the accident and transport victims. We would like to ask the public to celebrate the New Year with carelessness and be more careful about accidents that may occur. Including taking care of your physical condition to be ready to drive. and check the condition of the car to make sure it is safe before leaving for the return trip So that the start of the new year 2024 will be with happiness and safety. Finally, if you experience or witness an accident, you can report the incident via the hotline 1784 24 hours a day and Line 'Security Department receives incident reports 1784' by adding friends Line ID @1784DDPM to coordinate immediate assistance Source: Thai News Agency

Bangkok: Tak Orawan" takes you to worship Buddha to welcome the new year. At Wat Mahathat Yuwaratrangsarit Pay respect to Luang Phor Heng Or Somdet Phra Wanrat Heng Khemajari, now people are flocking to pay their respects in great numbers. It is also during the 338th Anniversary Celebration of the Monastery Source: Thai News Agency

Myanmar tourists flock to see the first light. The sun, two countries on the top of the border mountain in Tak Province, welcoming the new year 2024, ready to record pictures and share, sending happiness through social media. Since the middle of the night last night, it was New Year's Eve and welcoming the New Year 2024 at the viewpoint on the mountain in Pa Wai Village, Village No. 3, Khiri Rat Subdistrict, Phop Phra District, Tak Province, a large group of Myanmar tourists and Thais. From all over the country, people have come to reserve space to set up tents to sleep in the grassy area at the foot of Doi Pa Wai mountain to wait and see the first rays of the sun in the new year 2024, which is like no other. and today's morning (January 1, 2024) New Year's Day As soon as the sun emerges from the mountainside horizon over the Thai-Myanmar border area, A large group of tourists, both Myanmar and Thai, were not disappointed. Witness the first light of dawn on New Year's Day. Beautifully with the weather stil l cold. Making it possible to see a sea of white mist contrasting with the sunlight, adding to the natural beauty. Making Myanmar tourists rush to bring their cameras to record pictures of happiness amidst the beauty in the middle of the mountains on the border of the two countries. After recording the happy pictures, they sent the happy pictures back to a group of friends in Myanmar who admired the beauty of the viewpoint on the mountain in Pa Wai Village. via social media Make the atmosphere lively on the first day of happiness of the year. For the view point of the Thai mountain village, Ban Pa Wai, Phop Phra District, Tak Province, it is a village next to the Thai-Myanmar border. Located on Doi Sung And in this year's New Year, it was popular with many Myanmar tourists who traveled across the Mae Sot permanent border checkpoint to visit Doi Pa Wai. To participate in the countdown and see the first light of New Year's Day 2024 until tourists overflow at the foot of the mountain. It also creates income for Thai mountain people in the area to earn income from tourism this New Year 2024 and it is expected that next year there will be even more Myanmar tourists coming to visit this Pa Wai village. Source: Thai News Agency

Bangkok: 1 Jan. - "Kamphu-Ratchanee" on tour of the Ayutthaya period palace. The ancient palace is the residence of the king Source: Thai News Agency

Bangkok: Beginning of the new era 2024, Ministry of Culture Invitation to join in the alms giving activity New Year's Day There are also temples near homes in all 76 provinces. Bangkok Organize activities at Wat Mahathat Yuwaratrangsarit Wat Arun Ratchawararam and Wat Phra Chetuphon Wimon Mangkhalaram with Mr. Sermsak Phongpanich, Minister of Culture He is the president of the lay department. There is an abbot of Wat Chetuphon Wimon Mangkhalaram. He is the president of the Sangha. This morning, the public, the public sector, the private sector, the Department of Religious Affairs, the Provincial Cultural Office Participate in offering rice and dry food to monks. Throughout the night, there will also be a great New Year's Eve prayer from more than 30,000 temples nationwide, more than 70 temples abroad, and prayers via the online system, totaling more than 12 million people, to pass on Buddhism. and apply the doctrine in life and offer it as an offering to Buddha, create merit and welcome the new era. Source: Thai News Agency

Bangkok: Kamphu-Ratchanee' on tour takes you back to the history of the old city of Ayutthaya. Take a tour of Ratchaburana Temple Look at the ancient and valuable treasure trove at the Chao Sam Phraya National Museum Source: Thai News Agency

Bangkok: The Meteorological Department reveals that in the northern region, "Yop Doi - Yod Phu" the weather will be cool to cold, while in the Northeast, Central, and East, the weather will be cool in the morning. Warning: Thunderstorms in some places in the South. Meteorological Department Revealing a high pressure area or moderate cold air mass covering upper Thailand. While the westerly winds in the upper level blow over the northern region. This characteristic causes the northern region to still have cool to cold weather with fog in the morning. The northeastern, central and eastern regions will have cool weather with some fog in the morning. For the mountaintop areas of the northern region, the weather is cold to very cold with frost in some places. The lowest temperature is 5-12 degrees Celsius. The mountain tops of the northeastern region are cold. Lowest temperature 11-15 degrees Celsius. People in upper Thailand are asked to take care of their health as the weather is still cold in the morning. Incl uding increasing caution when traveling through areas with fog during this period as well. For the moderate northeast monsoon blowing over the Gulf of Thailand and the southern region. This causes thunderstorms to still occur in the lower South. The wind waves in the Gulf of Thailand and the Andaman Sea are moderate. In the Gulf of Thailand, waves are 1-2 meters high. In areas with thunderstorms, waves are more than 2 meters high. In the Andaman Sea, waves are about 1 meter high. In areas with thunderstorms and far from shore, waves are more than 1 meter high. Boaters in those areas should Navigate with caution and avoid sailing in areas with thunderstorms. Dust in this period: lower northern region, central region, including Bangkok and surrounding areas. There is moderate to considerable accumulation of dust/smog. This is because the wind that blows over it has weakened. and there is poor ventilation Source: Thai News Agency