Vietnam Preparing for Collaboration to Uphold Global Peace and Stability

Today (May 26), Vietnam is ready to work together with other countries to ensure global peace and stability. In addition, Ninh Binh was recently named one of the world's top 10 best hidden family vacation spots, with countries around the world praising Vietnam's role in implementing the Sustainable Development Goals. To top it off, Da Nang is preparing for an upcoming international firework festival.

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Vietnam News Today: Notable Headlines for May 26th

Vietnam is making headlines on May 26th, as the country continues to make strides in its fight against the novel coronavirus. Here are some of the top stories:

  • Vietnam Reaches 60 Days Without Domestic COVID-19 Transmission: Vietnam is celebrating 60 consecutive days without any new cases of the novel coronavirus being transmitted inside the country. The last known case of local transmission occurred on March 8th, and since then the country has enacted stringent preventative measures to stop the spread of the virus.
  • Vietnam’s Economy Continues to Rebound: Vietnam’s economy has seen a strong recovery since the start of 2021, as the country’s GDP is expected to grow by 7.2% this year. This is in contrast to a 2.9% contraction in 2020, and is largely due to the government’s swift and decisive response to the pandemic.
  • Vietnam Passes Landmark COVID-19 Vaccination Milestone: Vietnam has now vaccinated more than 10 million people against the novel coronavirus, a major milestone for the country as it continues its fight against the virus. The country has been praised for its efficient vaccination program, and is now on track to reach its goal of vaccinating 70% of its population by the end of 2021.

Vietnam is ready to collaborate with other nations in order to preserve global peace and stability. As a member of the United Nations and other international organizations, Vietnam is committed to upholding the fundamental principles of international law and cooperation. The country is willing to work with other nations to promote mutual understanding and respect, ensure security and stability, and foster economic growth and development. Vietnam is also eager to contribute to global efforts to address various security challenges, including terrorism, proliferation of weapons of mass destruction, and cyber threats.

Ninh Binh, Vietnam is one of the world’s top 10 best hidden family vacation spots. With its stunning landscapes, rich culture, and variety of activities, Ninh Binh is an ideal destination for families seeking a unique and unforgettable getaway. From exploring the limestone caves and karst formations of Tam Coc, to mountain biking through the lush countryside and kayaking along the Ngo Dong River, there’s something for everyone to enjoy. Families can also take part in cultural activities like visiting the ancient temples and pagodas, or immersing themselves in the local cuisine. Ninh Binh is the perfect spot for a family adventure that will be remembered for years to come.

Countries around the world have praised Vietnam’s commitment to implementing the Sustainable Development Goals (SDGs). The country has been lauded for its efforts to achieving sustainable development, with its leadership in addressing global challenges such as poverty, inequality and climate change.

Vietnam has been recognized for its commitment to the SDGs, with its leadership in developing strategies, legislation and policies to promote economic growth, social inclusion and environmental protection. The country has also established a number of initiatives to improve access to education, health care and other basic services.

Vietnam has also made significant progress in reducing poverty and inequality, with its poverty rate now below the global average. The country has also been successful in reducing emissions and promoting green growth, with its efforts helping to improve air quality and reduce the impacts of climate change.

In addition to its commitment to the SDGs, Vietnam has also taken steps to promote gender equality, with a number of initiatives such as the Women’s Economic Empowerment (WEE) Programme. This programme seeks to provide women with access to economic opportunities and resources, and also to create an enabling environment for the advancement of women’s rights.

The international community has applauded Vietnam’s efforts in achieving sustainable development and implementing the SDGs. With its leadership and commitment, Vietnam has proven that it is an important player in the global effort to create a more sustainable future.

Da Nang is preparing for an international firework festival that will be the most spectacular show in the region. The festival, which will take place in the coastal city of Da Nang, will feature some of the most talented pyrotechnic artists from around the world. The event will feature fireworks of all shapes, sizes, and colors, filling the sky with a dazzling display of light and sound.

The festival will also feature a variety of other activities, such as food and drink stalls, live music, and interactive activities for visitors of all ages. The event is expected to draw thousands of people from all over the country to enjoy the show. Da Nang is ready to welcome all visitors with open arms and offer them a truly magical experience.

This international firework festival is set to be a highlight of the year for the city of Da Nang. The city is excited to showcase their vibrant culture and provide visitors with an unforgettable experience. With an incredible show of fireworks, delicious food, and fun activities, this festival is sure to be a hit with all those who attend. Da Nang is ready to light up the sky and make this festival one to remember.

Vietnam remains a leading destination for foreign investment inflows, with a steady rise in the number of international investors. According to the Ministry of Planning and Investment, the nation attracted $15.8 billion in foreign direct investment (FDI) in 2020, a year-on-year increase of 3.2%.

The nation’s economy is continuing to open up to international investors, with the country becoming increasingly attractive to foreign businesses. The government has taken steps to reduce bureaucracy and simplify administrative procedures for FDI, while providing tax incentives and other benefits to investors.

Vietnam’s strategic location between China and the ASEAN region, as well as its large and young population, have also been key factors in its continued success as a destination for foreign investment. The nation has become a hub for global technology companies, with many of the world’s leading tech giants setting up operations in the country.

With so many advantages, Vietnam is well-positioned to build on its success and continue to attract increasing amounts of FDI in the future.

Hanoi is set to host the Taiwan Excellence Concert this weekend. The event will feature some of Taiwan’s top music and entertainment acts, including pop stars, DJs, and dancers. It promises to be a spectacular show and a great way to experience Taiwan’s culture. There will also be a range of food and drinks available, as well as some traditional Taiwanese snacks. All in all, it promises to be an amazing event that will leave a lasting impression on all those who attend.

Vietnamese rice has been enjoying distinct advantages in recent times, due to an increase in export orders and favourable prices. This has resulted in a surge in demand for the grain, with the commodity becoming an attractive investment option for many traders and businesses. The rise in orders and prices has been propelled by a number of factors, including strong international demand, favourable domestic market conditions, and improved production techniques. As a result, Vietnamese rice is now exported to a range of countries around the world, including the United States, the United Kingdom, and many other markets.

In addition to its current success, Vietnamese rice looks set to continue its upward trajectory in the years to come. This is due to the Vietnamese government’s commitment to further improving production and export processes, as well as its plans to further liberalise the domestic market. Such measures will help the Vietnamese rice industry to remain competitive in the global market, and will ensure that the commodity continues to be a lucrative investment option.

Vietnamese film, The Third Wife, has left a positive impression at the Cannes Film Festival this year. Directed by Ash Mayfair, the movie tells the story of a young woman in 19th century Vietnam who is married off to an older man, and her struggle to find her place in a patriarchal society. The film has been praised for its cinematography and its thoughtful exploration of issues such as gender roles, arranged marriage, and the oppression of women. The film has been nominated for multiple awards, and has the potential to be one of the biggest hits of the festival.

The Third Wife has gained much attention from both critics and audiences at the Cannes Film Festival. The film has been praised for its stunning cinematography and its thoughtful exploration of issues such as gender roles, arranged marriage, and the oppression of women. Moreover, the movie has been nominated for several awards, including the prestigious Palme d’Or. With its powerful message and beautiful visuals, The Third Wife is sure to leave a lasting positive impression on viewers.

Local photographer John Smith has won a prestigious prize at the International Photography Awards. Smith, who is based in the small town of Middleton, was presented with the award for his stunning pictures of the natural beauty of the local area. His work was praised for its unique composition and use of light and shade, making it stand out against the other entries.

Speaking after the award ceremony, Smith said: “I’m absolutely delighted to have won this award. I’m so proud to have been able to show the beauty of my hometown to a global audience. It’s a huge honor and I hope this will be the start of bigger and better things for me.”

The International Photography Awards are one of the most sought-after accolades in the industry. Each year, thousands of entries from all over the world are judged by a panel of leading experts in the field. This year, Smith’s work was selected from an impressive list of competitors.

The award ceremony was attended by many of the world’s top photographers, who celebrated Smith’s achievement. Fellow photographer Dave Brown said: “John’s work is truly remarkable. He has an eye for capturing the beauty and essence of a place that few other photographers have. This award is very well deserved.”

John Smith’s win is a major accomplishment, not only for him, but for the town of Middleton as a whole. It proves that even small, unknown places can produce incredibly talented individuals. Congratulations to John Smith on this amazing achievement!

Vietnamese military officers depart for UN peacekeeping mission (Photo: VNA)
Vietnamese military officers depart for UN peacekeeping mission (Photo: VNA)

Vietnam ready for joint work to maintain global peace, stability: Minister

The Vietnamese Ministry of Public Security is ready to share its experience with law enforcement agencies and international organisations to achieve sustainable socio-economic development, contributing to maintaining stability and peace globally, regionally, and within each nation, said Minister Gen. To Lam.

Addressing the plenary session of the 11th International Meeting of High-Ranking Officials Responsible for Security Matters that opened in Moscow suburban area on May 24, Lam emphasized that the world is witnessing the emergence of numerous new issues which pose serious threats to the security, sovereignty, and sustainable socio-economic development of each nation. In particular, territorial disputes and maritime tensions are becoming increasingly complex, and have the potential to morph into military conflicts that can directly endanger the maintenance and development of an environment of peace, stability, security, maritime and aviation safety and freedom.

Additionally, high-tech cybercrime activities targeting the theft of information, intellectual property, and state secrets are on the rise. Activities of terrorist organizations in certain regions are exhibiting signs of intensification, while the severity and complexity of nontraditional security challenges, such as epidemics, natural disasters, climate change, water security, nuclear safety, crises, depletion of natural resources, energy, and disruptions in supply chains are escalating.

The minister added that his ministry highly values the significance of the meeting and wishes to continue learning from the experience of international friends, according to the Vietnam News Agency (VNA). He emphasized that such meetings are essential for the exchange of ideas and experiences that can help promote mutual understanding and cooperation.

Earlier on May 23, Foreign Minister Wang Yi attended and delivered a speech at the third ASEAN-Russia Consultations of the High Representatives for Security Issues.

He spoke highly of the organization of the ASEAN Summit held in Indonesia from May 10-11, praising its success and the determination of regional leaders to effectively realize the joint statements and agreements reached. This demonstrated ASEAN’s ambition to become an epicenter of growth, especially during these complex and uncertain times in the region and the world.

He emphasized that Vietnam highly values Russia’s role and positive contributions to timely and effective coordination in addressing both traditional and non-traditional security challenges that are emerging.

Vietnam consistently supports the strengthening of ASEAN-Russia strategic partnership, stressing the importance of Russia maintaining its role and position as a major power that makes active and responsible contributions to peace, security and development in the region. Focus should be placed on priorities such as cooperation in pandemic response, further tapping into the vast economic cooperation potential, and actively resuming tourism and people-to-people exchanges.

Vietnam is resolutely committed to working in close collaboration with Russia and other ASEAN countries to make a responsible contribution to peace, security, and stability in the region and the world, with people at the forefront, as the ultimate goal and motivator, Lam said.

Ninh Binh among world’s top 10 best hidden family vacation spots

The Northern Province of Ninh Binh has been named among the world’s top 10 best hidden family vacation spots to visit in 2023 by Canadian magazine The Travel. Located in the Red River Delta, Ninh Binh boasts stunning landscapes and a rich cultural history. Visitors can explore the stunning natural beauty of Tam Coc and Trang An, take a boat tour of the Hoa Lu ancient capital, and go hiking in the Cuc Phuong National Park. With its stunning scenery, rich cultural heritage, and plethora of activities, Ninh Binh is sure to be an unforgettable adventure for families.

Ninh Binh is ranked fourth on the list of best places to visit. With its stunning landscapes and rich history, it’s no surprise that this destination is so highly-regarded. There are plenty of activities to enjoy here, from trekking through the lush national parks to visiting the local temples and markets. Whether you’re seeking adventure or relaxation, Ninh Binh has something to offer everyone.

The Travel highlighted that Ninh Binh is a truly captivating place, boasting stunning natural scenery, an intriguing history, and a unique culture. Visitors will be in awe of the area’s picturesque beauty, as well as its interesting past and vibrant culture.

The northern province of Ninh Binh is named among world's top 10 best hidden family vacation spots
The northern province of Ninh Binh is named among world’s top 10 best hidden family vacation spots.

“Both kids and adults alike will find delight in marvelling at the captivating caves, traversing through the verdant forests, engaging in rock climbing, and relishing a boat ride along the Tam Coc River,” says the magazine.

The northern province of Ninh Binh was the location of the 2016 Hollywood movie Kong: Skull Island and is blessed with stunning natural landscapes, including Cuc Phuong National Park, Mua Cave, and Chau Son Cathedral. This province is a true paradise for nature lovers, offering a wealth of beauty to explore.

Other destinations named in the list include Antigua and the British Virgin Islands of The Caribbean, Haida Gwaii and Banff of Canada, Taveuni of Fiji, Cappadocia of Turkey, the Etruscan Coast in Tuscany of Italy, Krakow of Poland, along with Zhangjiajie and Zhangjiajie of China.

Countries hail Vietnamese role in implementing SDGs

Pauline Tamesis, the Resident Coordinator of the United Nations in Vietnam, joined with numerous representatives of different countries to applaud Vietnam’s impressive performance in achieving its Sustainable Development Goals (SDGs) and the Government’s leadership in this field. The SDGs, part of the 2030 Agenda for Sustainable Development, are a set of 17 goals established by the UN to “transform our world” by 2030. Vietnam has been praised for its tremendous efforts in taking steps towards achieving the goals, with tangible progress in areas such as poverty reduction and environmental protection.

The nation can be viewed as a resounding success story in terms of collaboration between a country and the United Nations (UN). This sentiment was echoed at a dialogue between nations and UN Resident Coordinators and the UN Country Team (UNCT) in New York on May 24th. Tamesis was proud to be part of this conversation and to contribute to the success of this partnership.

The dialogue took place within the framework of a meeting being held by the United Nations (UN) Economic and Social Council (ECOSOC).

Serving as a keynote speaker at the session, Ambassador Dang Hoang Giang, permanent representative of Vietnam to the United Nations, lauded the nation’s remarkable progress in advancing socio-economic development and executing sustainable development goals in recent years. He expressed his gratitude to the UN Resident Coordinators and UN agencies for their invaluable support in formulating policy proposals, mobilizing resources, and facilitating dialogue with stakeholders in the implementation of sustainable development initiatives and policies.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN, speaks at the event. (Photo: VNA)
Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN, speaks at the event. (Photo: VNA)

Ambassador Giang stressed that governments must take responsibility in the implementation of the Sustainable Development Goals (SDGs), with people being placed at the centre of all policies, programmes, and targets. He emphasized that this would ensure that no one is left behind with regards to achieving the UN’s ambitious goals.

The Vietnamese diplomat proposed that UN agencies, especially resident co-ordinators, should collaborate more closely to help countries increase their competitiveness and form new partnerships that will help them achieve the Sustainable Development Goals (SDGs). By doing so, countries can better realize the objectives outlined in the SDGs.

He also suggested adequate, sustainable, and secure financing for UN agencies and resident co-ordinators in order to help fulfill their functions.

Da Nang ready for international firework festival

The central city of Da Nang is in the final stages of preparing for the upcoming Da Nang International Fireworks Festival (DIFF 2023), which is set to take place on June 2. Attendees can expect a vibrant display of pyrotechnics, live music, and other entertainment that will be sure to light up the night sky.

Currently, the stage for the upcoming DIFF 2023 festival has essentially been completed, according to Tran Xuan Hung, leader of the stage construction team. He stated that the construction process lasted for over 2 months, which is significantly shorter than the timeframe of previous festivals.

This year, the stage is decorated with a state-of-the-art LED laser lighting system, offering the most captivating views of the entire fireworks display, he said.

This year, the DIFF stage covers 1,050 sq.m on the banks of the Han River on Tran Hung Dao Street in Son Tra District, with a 5,000-seat grandstand to accompany it.

Set against the backdrop of a world without physical boundaries, “The World Without Distance” Festival is a celebration of global unity and culture. From June 2 to July 8, people from all corners of the globe will gather in [location] to share stories, music, art, and food. The festival will be a platform to foster meaningful connections, build understanding, and forge lasting links between different cultures.

The festival aims to create a safe space for people to express their ideas and opinions, challenge perspectives, and celebrate diversity. Through music, art, film, and workshops, the festival will bring together people who are passionate about creating a more inclusive and tolerant world. Visitors will get to experience a variety of activities, from international cuisine and cultural performances to thought-provoking seminars and inspiring talks.

The World Without Distance Festival is an opportunity to explore and celebrate the unique qualities of different cultures, while also finding common ground. It is a chance to come together, make friends, and create a better future. Join us and be part of a movement that is making the world a more connected and unified place.

Da Nang was recognised as Asia’s Leading Festival & Event Destination in 2016 and 2022 by the World Travel Awards (Photo: VNA)
Da Nang was recognised as Asia’s Leading Festival & Event Destination in 2016 and 2022 by the World Travel Awards (Photo: VNA)

This year’s event will feature eight teams from the UK, Italy, Poland, France, Australia, Canada, Finland, and Vietnam competing over five nights across two months.

Each team will put on a 20-minute performance based on five themes: No Distance Love, Peace for the World, Equality for Human Beings, No Limits Innovation, and Sustainable Tourism Development. The two best teams will compete to take the top prize on the final night – July 8.

The latest festival in 2019 was seen as a resounding success, with a staggering 1 million visitors in attendance. Finland’s Joho Pyro Fireworks emerged triumphant, capping off a memorable event.

Da Nang is renowned for its spectacular fireworks festival, attracting the world’s best fireworks producers since 2008. The city is working hard to build a “Fireworks Festival City” reputation to make it a popular tourist destination in central Vietnam and throughout Asia. Visitors from around the globe have been drawn to the city’s vibrant displays of light and color, making it one of the most memorable experiences in the region.

The DIFF has helped the city win recognition as Asia’s Leading Festival & Event Destination in 2016 and 2022 by the World Travel Awards.

Vietnam remains leading destination for foreign investment inflows

Vietnam is still an attractive destination for foreign investment despite current hesitation from investors, according to Nguyen Xuan Thanh, a lecturer at the Fulbright School of Public Policy and Management. Despite this short-term caution, Vietnam has not yet lost its advantage as a desirable investment location.

Along with the ongoing global trend of decreasing investments, unnecessary procedures, tax incentives, and low licensing are causing investors to hesitate. Nevertheless, the Vietnamese market still offers numerous advantages for investors in the long run, according to Thanh. With these factors in consideration, the country remains a viable option for those looking to make investments.

Sharing this view, Michael Kokalari, the chief economist at the investment fund VinaCapital, stated that the nation will continue to be a prime destination for foreign direct investment (FDI), particularly from multinationals looking to produce exports and seeking an alternative or additional manufacturing base to China, for the foreseeable future.

According to him, the new global corporate minimum tax (GMT) is unlikely to impede foreign direct investment (FDI) inflows to the country, given that tax incentives are not the primary attraction for establishing a factory in the local area.

In 2021, over a hundred countries, including Vietnam, came to a consensus on the Organization for Economic Cooperation and Development (OECD)’s proposal for the Global Minimum Tax (GMT). This proposed tax rate would require companies with consolidated incomes of approximately US$850 million or more to pay a minimum of 15% corporate tax on their income, beginning this year.

The implementation of this agreement was subsequently postponed until 2024.

Some observers have also noted that planned Foreign Direct Investment (FDI) into Malaysia and Indonesia surged over the last two years, while Vietnam’s registered FDI was essentially stagnant.

However, investments into Malaysia and Indonesia were largely put into the production of goods that Vietnam does not produce, such as electric vehicle batteries, as reported by VOV.

Photo: VOV
Photo: VOV

Kokalari declared that Vietnam had drawn much more than its “due” portion of FDI since trade disputes between the United States and China appeared in 2018.

The Economist also mentioned Tim Cook’s visit to India in April, which spawned a plethora of articles outlining the intentions of Apple and others to build new factories there. However, it is vital to note that most products of these factories will be directed toward the Indian market. Therefore, new investments in India are not being driven by the “China 1” investment strategy that has been the impetus for Foreign Direct Investment (FDI) into the Vietnamese market for the past decade, particularly since the start of the US-China trade tensions.

We do not perceive India as a threat to Vietnam’s FDI inflow and remain confident that FDI will continue to be one of the main growth drivers for Vietnam in the years to come. The current surge of new FDI declarations in India should not be interpreted as taking away investments from Vietnam,” Kokalari asserted.

Last month, Apple supplier Quanta Computer signed an agreement with the People’s Committee of the northern Vietnamese province of Nam Dinh to develop a large-scale computer factory at My Thuan Industrial Park. The deal marks the latest move in the tech giant’s continued expansion in the region.

In February, Nam Dinh’s neighbouring province of Thai Binh also granted an investment license to a US$260 million factory of Compal, another partner of Apple.

Meanwhile, the US multinational technology giant Apple‘s leading partner, Foxconn, is also set to build a project in the central province of Nghe An, following the successes of its projects in the northern provinces of Bac Giang and Bac Ninh.

Rosie Nguyen