Read what is in the news in Vietnam today

Politics

-- Vietnamese Party General Secretary Nguyen Phu Trong and Prime Minister Pham Minh Chinh hosted two separate receptions in Hanoi on Tuesday for Wang Ning, secretary of China’s Yunnan provincial Party Committee and chairman of the Standing Committee of the provincial People’s Congress.

-- Minister of Foreign Affairs Bui Thanh Son held online talks with Chinese State Councilor and Foreign Minister Qin Gang on Tuesday, during which they agreed to intensify all-level exchanges.

-- Deputy Prime Minister Tran Luu Quang hosted a reception in Hanoi on Tuesday for U.S. Ambassador to Vietnam Marc E. Knapper.

Society

-- Vo Tan Duc, deputy chairman of the People’s Committee of Dong Nai Province in southern Vietnam, signed a decision on Tuesday approving the investment of the 293-hectare Hiep Hoa urban area project on Pho Islet in Hiep Hoa Ward, Bien Hoa City with a cost of more than VND72.2 trillion (US$3 billion).

-- The Vietnam Earthquake and Tsunami Warning Center under the Institute of Geophysics is monitoring an earthquake measuring 3.4 on the Richter scale that occurred 82 kilometers from Tuy Hoa City, south-central Phu Yen Province on the East Vietnam Sea on Tuesday afternoon.

-- Relevant agencies and departments of Ho Chi Minh City surveyed to find a location for building a footbridge connecting Nguyen Hue Pedestrian Street and Bach Dang Wharf in District 1 on Tuesday.

-- Fifty-six students of an elementary school in Thanh Xuan District, Hanoi have suffered from suspected food poisoning after an excursion on Tuesday.

Business

-- Vietnam attracted $5.45 billion in foreign direct investment in the first quarter of 2023, equal to 61.2 percent of the same period last year, the Foreign Investment Agency under the Ministry of Planning and Investment reported.

-- The Singapore-based United Overseas Bank anticipates the State Bank of Vietnam will cut its refinance rate in the second quarter this year by 100 basis points to 5 percent, according to the Vietnam News Agency. 

-- The total worth of Vietnamese corporate bonds in circulation is $30.9 billion, down 0.9 percent compared to the third quarter of 2022, according to the Asian Development Bank.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!