 |
| Illustrative photo (Source: VOV) |
Foreign investors registered over US$10.76 billion in new projects in the reviewed period, up 35.6%, while injecting additional capital of nearly US$4.97 billion, up 19.4%. Capital contributions and share purchases fell by 45.2% on-year to US$2.27 billion.
Foreign financiers have injected their capital into 18 out of 21 economic sectors in the country, with the processing and manufacturing industry attracting the largest investment of more than US$12.65 billion, up 15.7% on-year.
The real estate sector ranked second with a total investment capital of over US$2.87 billion, up 78% on-year, followed by the wholesale and retail industry with nearly US$740.5 million and science and technological activities with US$490.6 million.
 |
| Illustrative photo (Source: SGGP) |
Singapore topped the list of 91 countries and territories investing in the Vietnamese market with nearly US$6.52 billion in the reviewed period, up 79.1% on-year, followed by Hong Kong (China), Japan, China, and the Republic of Korea.
Most notably, the new emergence of investors from Kyrgyzstan contributed to raising the number of countries and territories injecting money into the nation to 147 so far.
Foreign investors channeled their capital into 48 cities and provinces across the country, of which Bac Ninh took the lead in terms of FDI attraction with nearly US$3.2 billion, Quang Ninh with more than US$1.56 billion, and Ho Chi Minh City with nearly US$1.55 billion.
Meanwhile, the total FDI disbursed nationwide stood at an estimated US$12.55 billion, up 8.4% on-year.
Rice exports to set record turnover of US$5 billion in 2024
Rice exports could bring in a record turnover of US$5 billion this year if the pace of shipment is maintained like at present, according to Vu Tuan Anh, CEO of GLE company, a rice exporter, reported the Voice of Vietnam.
 |
| Illustrative photo (Source: VOV) |
There is ample room for Vietnamese rice exports as demand in major rice importers such as the Philippines, Indonesia, China and Africa is huge.
According to the Ministry of Agriculture and Rural Development (MARD), Indonesia imported 2.2 million tonnes of rice in the first five months of 2024 and plans to import an additional of 2.1 million tonnes from June – December.
Anh shared that Indonesia can import up to 4.3 million tonnes of rice in 2024 if the country’s crop output falls behind expectation due to drought, flood or pests, which would be an opportunity for Vietnamese rice exporters as Vietnamese rice’s quality is among the highest level in the world.
Besides, there are also good chances to export rice to the Philippines, which imported more than 1.7 million tonnes of rice from Vietnam in the first six months of this year, and the demand is projected to remain stable in the remaining months of the year, he added.
Data of the Vietnam Customs showed that since the beginning of the year to mid-July, Vietnam shipped more than 4.8 million tonnes of rice, bringing home nearly US$3.1 billion. The average rice export price increased 12% compared to the same period last year, reaching US$612.3 per tonnes.
Nguyen Ngoc Nam, chairman of the Vietnam Food Association affirmed that demand for rice in the world is still enormous with traditional markets such as China, the Philippines, Indonesia being major importers of Vietnamese rice. The association has actively introduced Vietnamese rice to new markets like Africa and the Middle East.
The MARD said that Vietnam’s unhusked rice output is expected to reach more than 43 million tonnes in 2024, which is enough to ensure domestic consumption and export demand of more than 8 million tonnes of husked rice.
Vietnamese culture week in Sweden and Denmark slated for September
The Swedish cities of Stockholm and Malmo, along with Copenhagen in Denmark, will play host to the Vietnamese culture week scheduled to take place from September 4 to 12, reported the Voice of Vietnam according to the announcement of the Ministry of Culture, Sports and Tourism.
 |
| A conical hat performane during a Vietnamese culture day in Denmark (Photo: https://vnembassy-copenhagen.mofa.gov.vn/) |
The event aims to celebrate 55 years of diplomatic ties between Vietnam and Sweden, and to promote Vietnamese culture in Denmark.
Local talents from the Vietnam National Academy of Music will join international artists in art programmes in both Nordic countries. The shows will feature traditional Vietnamese musical instruments, as well as both jazz and classical music.
Furthermore, a music gala will get underway in Stockholm to mark the 55th anniversary of Vietnam-Sweden diplomatic ties.
Vietnamese artists will also take part in a cultural exchange to be held at the Malmö Academy of Music in Sweden, with a view to boosting the friendship and mutual understanding that exists between both countries.
Moreover, the Vietnam Culture and Arts Exhibition Center under the Ministry of Culture, Sports, and Tourism will host photo exhibitions highlighting the colour of Vietnamese culture in Sweden and Denmark, thereby bringing new aspects of daily lives and landscape of Vietnam to foreign friends.
A Vietnam-Sweden trade and investment promotion forum, a ceremony to celebrate the 79th National Day of Vietnam on September 2, and an Ao Dai (traditional long dress) fashion show will also get underway as part of the event.
Local athletes competing in judo and boxing learn fate after Olympic draws
Vietnamese participants in judo and boxing face tough groups at the upcoming Paris Olympics as they will face strong rivals in the first round of their respective tournaments, reported the Voice of Vietnam.
 |
| Vietnamese boxer Ha Thi Linh will face off against Feofaaki Epenisa of Tonga (Photo: IBF) |
According to the results of the draw ceremony held on July 25, Vietnamese judo practitioner Hoang Thi Tinh, world No.86, will face off against Oumaima Bedioui of Tunisia, who ranks 38th place in the world, at 15:00 p.m. on July 27.
Oumaima Bedioui, 26, was the Junior African Championships gold medalist in the women's 48 kg event. She also won a bronze medal at the 2022 Mediterranean Games which was held in Oran, Algeria.
The winner of the bout will progress to meet the winner of the match between Boukli Shirine of France, world No.5, and Beder Tugce of Turkey, world No.13.
Meanwhile, in the boxing event, two Vietnamese athletes Ha Thi Linh and Vo Thi Kim Anh will take on Feofaaki Epenisa of Tonga and Preeti Pawar of India in the women’s 60kg and 54 kg categories, respectively.
The matches are scheduled to take place on July 28./.