IN BRIEF
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During the week of October 28 to November 3, Vietnam experienced several significant events which marked the political, economic and social news of the country. From international agreements to local initiatives to cultural advancements, this summary highlights the key moments shaping Vietnam’s evolution on the regional and global stage. The information presented offers an enriching insight into the dynamics of this Southeast Asian country.
This week, Vietnam has seen several notable developments in the areas policy, economic And social. The signing of a key treaty with Singapore, parliamentary discussions on the real estate market, and a promising economic partnership with the United Arab Emirates are among the highlights. Other news includes Vietnamese sporting successes and cultural initiatives aimed at preserving national heritage. Here is a detailed overview of notable events in Vietnam between October 28 and November 3.
Politics and Diplomacy
On October 28, Vietnam and Singapore formalized a mutual legal assistance treaty in criminal matters. This agreement demonstrates their commitment to combating cross-border crime by facilitating the exchange of information, the location of suspects and the collection of evidence. The authorities of both nations consider this treaty to be an important step forward for regional security.
During this week, theVietnamese National Assembly devoted his work to evaluating the management of the real estate market and social housing. MEPs examined reports on these topics, focusing particularly on the challenges that still need to be addressed. Discussions also took place on significant legislative changes in several areas, including defense And investment.
On November 2, in Hanoi, the general secretary of the Communist Party, To Lam, met with a delegation led by Fabien Roussel, representative of the French Communist Party. This meeting made it possible to strengthen ties between the two parties, thus promoting cooperation economic And cultural between Vietnam and France.
Economy
The economic situation in Vietnam was also at the heart of discussions this week. The government anticipates that the public debt will reach around 36 to 37% of GDP in 2024, a level comparable to that of the previous year, and of course below the ceiling of 60% set by the National Assembly.
A significant event was the signing of a comprehensive economic partnership agreement between Vietnam and the United Arab Emirates. Signed on October 28 during the official visit of Prime Minister Pham Minh Chinh, this agreement aims to reduce customs tariffs on nearly 99% of goods traded between the two countries and to double trade, reaching a target of 10 billion USD per year.
In addition, the VinGroup conglomerate announced the creation of a venture capital fund of $150 million, intended to finance innovative startups in the field of new technologies. This project comes in a context where venture capital investments in Vietnam have suffered a sharp decline, accentuating the need for support for innovation.
Company
In the social field, the province of Kien Giang has intensified its efforts to fight against illegal fishing. Strict measures have been implemented to ensure compliance with international regulations and protect maritime resources, although violations remain.
Faced with the risk of forest fires, the Hanoi authorities have strengthened their prevention measures. Action plans have been developed to raise citizen awareness and ensure increased surveillance, especially with the dry season approaching.
There Vietnam Railway Authority also proposed a new railway line linking several major cities, with the aim of improving connectivity and encouraging trade with the China. This ambitious project is estimated at nearly $7.7 billion and is being deployed in two phases with a clear objective of infrastructural development.
Tourism and Culture
On a cultural level, Vietnam celebrated its sporting successes, particularly during World Shuttlecock Championships, where two gold medals were won. These results demonstrate the commitment and talent of Vietnamese athletes on the international scene.
The festival Voices for Tomorrow » took place in Hanoi, highlighting documentaries tackling environmental themes. This festival drew attention to contemporary issues and provided a platform for various international films, thus contributing to raising awareness of current challenges.
Upcoming event
Also note, the city of Ho Chi Minh City is preparing to host the Cho Lon Food Story culinary fair, which will take place from December 8 to 12, 2024. This event promises to energize the local gastronomic scene, attracting both tourists and residents to discover the culinary riches of the region.
For regular monitoring of news, it is advisable to consult the site Gavroche, as well as VietnamMore for in-depth updates.
FAQ – Notable events in Vietnam from October 28 to November 3
What agreements were signed between Vietnam and Singapore during this period? On October 28, Vietnam and Singapore signed a mutual legal assistance treaty in criminal matters, strengthening their cooperation against cross-border crime.
What topics were discussed during the seventh working day of the Vietnamese National Assembly? The deputies evaluated the management of the real estate market and social housing, while examining several bills on various sectors, including defense and taxation.
Who met the General Secretary of the Vietnamese Communist Party in Hanoi and what was the objective of this meeting? Fabien Roussel, leading a French Communist Party delegation, met with Vietnamese Communist Party Secretary General To Lam to strengthen relations between the two parties.
What change was made within Vietnamese Television (VTV) during this period? On November 2, Prime Minister Pham Minh Chinh appointed Mr. Nguyen Thanh Lam as general director of VTV for a five-year term.
What is the forecast for Vietnam’s total public debt for 2024? Total public debt is expected to reach around 36-37% of GDP in 2024, comparable to that of 2023.
What economic partnership agreement was signed with the United Arab Emirates? During the Prime Minister’s official visit to the UAE, Vietnam signed a comprehensive economic partnership agreement, aimed at reducing customs tariffs on almost all products.
What initiative was launched by VinGroup during this week? VinGroup announced the creation of a $150 million venture capital fund to support innovative companies in areas such as artificial intelligence.
What measures have been put in place by Kien Giang province regarding illegal fishing? The province has implemented stringent measures such as mandatory registration of fishing vessels and the installation of advanced monitoring systems.
What actions have been taken in Hanoi to prevent forest fires? The city has intensified its prevention measures, strengthening surveillance and raising public awareness of the arrival of the dry season.
What rail line project has been proposed to connect several Vietnamese cities? The Vietnam Railway Authority has proposed a rail line project linking Lao Cai, Hanoi, Hai Phong and Quang Ninh, with an estimated cost of nearly $7.7 billion.
What cultural event took place in Hanoi between October 30 and November 3? The “Voices for Tomorrow: Documentary Film Festival for Sustainability” festival presented documentaries, including several Vietnamese, addressing environmental issues.