Vietnam News

Vietnam called on Russia and Ukraine to return to dialogue and offered assistance in resolving the conflict. This is reported by TASS with reference to the Director of the Information and Press Department of the Ministry of Foreign Affairs of the Socialist Republic of Vietnam (SRV) Le Thi Thu Hangi.

With its highest nine-month growth in 12 years, Vietnam is poised to become Southeast Asia's fastest growing economy this year.
Le Trung Hye, Deputy Director General of the General Bureau of Statistics, said the agency expects Vietnam's economy to grow by 8% in 2022, despite the not-so-positive economic situation in the latest quarter.

Vietnam and Kazakhstan should strengthen cooperation in areas with good potential, such as agriculture, tourism and transport — President Nguyen Xuan Phuc said at a reception of Kazakh Deputy Prime Minister and Foreign Minister Mukhtar Tleuberdi in Hanoi on August 18.

Chairman of the People's Committee of Ho Chi Minh City and Deputy Secretary of the City Party Committee Fan Van Mai hosted a reception in honor of the new Consul General of Belarus in Ho Chi Minh City in August.
During the meeting, May expressed confidence that the opening of the Consulate General of Belarus in Ho Chi Minh City would contribute to the development of cooperation between the two countries and their communities, confirming that the city authorities would create favorable conditions for the wor

Minister of Culture, Sports and Tourism Nguyen Van Hung proposed expanding visa exemption for tourists from the U.S., Europe, Canada, Australia, New Zealand and India to boost sector recovery.
He also suggested the government consider simplifying immigration procedures to attract foreign tourists as Vietnam reopened after over two years of border closure, he said in a report submitted to the National Assembly Standing Committee on Tuesday.

Over the 10 years from 2011 to 2020, the level of investment in education tends to steadily increase, reaching more than 18% of the total state budget expenditures, which is equivalent to 4.9% of GDP, which is higher than in many countries in the region.

The State Bank of Vietnam is amending the Anti-Money Laundering Law based on the recommendations of international anti-money laundering organizations.

"Vietnam wishes for all relevant parties to restrain themselves, not escalate tension in the Taiwan Strait, positively contribute to the maintenance of peace and stability, and strengthen cooperation and development in the region and the world," Ministry of Foreign Affairs spokeswoman Le Thi Thu Hang said Wednesday.

The number of foreign tourists rose 582% year-on-year to 602,000, while over 3,000 new accommodation and hospitality businesses were registered, up nearly 28% year-on-year, according to the General Statistics Office.

From an old friend to a friendly country.
VTB Russia launched transfers to Vietnam in the local currency — dong.
What does the Russian business operating in Vietnam say, and how are trade relations between the two countries developing?

Vietnam is trailing its neighbors in tourism recovery as the number of foreign tourists to the country in the first half of this year reached only 602,000, much lower than Thailand (2.2 million), Malaysia (2 million), Singapore (1.5 million) and the Philippines (814,000).

The previously announced flight between Thailand and Vladivostok will be cancelled.
The main reason for these changes is the imposition of sanctions against Russia, according to the Tourism Authority of Thailand.