Vietnam’s Economy Grows 7.4% Amid Typhoon Challenges
Vietnam’s economy showcases remarkable resilience with a 7.4% growth in Q3 2024, surpassing expectations despite challenges from Super Typhoon Yagi. The manufacturing and export sectors drive this growth, while the government aims for a GDP target of 6.8% to 7% amidst ongoing economic uncertainties. Analysts suggest potential interest rate cuts to stimulate activity, as Vietnam positions itself as a key player in global electronics production.
Tragic Bird Flu Outbreak Claims Lives of Tigers and Lions in Vietnam
A devastating bird flu outbreak in southern Vietnam has led to the deaths of dozens of tigers, three lions, and a panther at two zoos. The H5N1 strain of avian influenza, likely contracted through contaminated chicken, has raised alarms among wildlife authorities and health officials. As investigations continue, the World Health Organization warns about the risks of consuming raw or undercooked poultry from affected areas. This incident underscores the urgent need for effective wildlife management and public health vigilance.
Vietnam’s Fruit and Vegetable Exports Set to Surpass $7 Billion in 2024
Vietnam’s fruit and vegetable exports are expected to surpass US$7 billion in 2024, driven by strong global demand, particularly from China, South Korea, and the US. The first half of the year saw nearly US$3.57 billion in earnings, with a notable 95.5% increase in exports to Thailand. Experts predict continued growth fueled by seasonal factors and trade agreements, highlighting the competitive edge of Vietnamese produce in international markets.
Vietnam and China Strengthen Agro-Forestry-Fishery Trade Relations
Deputy Minister of Agriculture and Rural Development Hoang Trung discusses boosting agro-forestry-fishery trade between Vietnam and China with Vice Minister of GACC. China pledges to expedite review of Vietnamese export dossiers and finalize protocols for various products. Despite growth, Vietnamese products make up less than 5% of China’s total imports in these sectors.
Vietnam Retail Sales and Tourism Revenue Surge in First Five Months
Vietnam’s retail sales and services revenue have surged by 8.7% year-on-year, totaling over VND2.58 quadrillion. Notable growth was observed in sectors like food, household appliances, garment, and cultural products. Key cities like Da Nang, Ho Chi Minh City, and Hanoi saw substantial increases in tourism revenue, with nearly 7.6 million foreign tourist arrivals recorded.
Vietnam Reports Decline in Cement Production for First Four Months of 2024
Vietnam’s cement production sees a decline in the first four months of 2024, with output falling by 0.7% year-on-year. Industry experts are closely monitoring the situation to understand the factors behind this trend.
Vietnam Reports First H5N1 Avian Flu Death Since 2014
Vietnam’s health ministry confirms 21-year-old college student in Khanh Hoa province has died from H5N1 avian flu infection, with no other cases detected among the patient’s contacts. FDA grants emergency use authorization for Invivyd’s monoclonal antibody, pemivibart (Pemgarda), for prevention of COVID-19 in immunocompromised patients.
Coach Troussier Gifts Vietnam-Indonesia Match Tickets to Traffic Police
Coach Philippe Troussier surprised two traffic police officers in Hanoi by offering them tickets to the Vietnam-Indonesia match in the 2026 World Cup qualifiers. The officers were initially bewildered but gladly accepted the tickets. The encounter between Vietnam and Indonesia is a decisive match for both teams in the race to the 2026 World Cup third qualifying round.
Vietnam Seeks to Boost Agricultural Exports to China
Vietnam is aiming to increase agricultural exports to China, particularly in poultry, fish, and fruits. With potential for lifting the ban on exporting chicken meat and eggs, Vietnamese livestock farmers see an opportunity to tap into China’s massive consumer base. Discussions and agreements between the two countries signal a positive outlook for the expansion of trade in agricultural products.
Unusual Tranquility: Vietnam’s Biggest Cities Experience a Peaceful Lunar New Year
Vietnam’s biggest cities, Hanoi and Ho Chi Minh City, experienced an unusual tranquility on the first morning of the Lunar New Year, known as Tet. As the clock struck 7 a.m., the typically bustling streets of Hanoi’s Old Quarter were eerily quiet, with most shops closed. Amidst the stillness, some pedestrians embraced the festive spirit by donning traditional ao dai attire and capturing the moment with photographs. The serene and friendly ambiance allowed people to partake in the traditions and rituals associated with the Lunar New Year, marking the beginning of the Year of the Dragon in a unique and unforgettable manner.