Vietnam News Today (Nov. 1): Vietnam Invests Over US$450 Million Overseas in 10 Months

Illustrative image. Photo: VNA

Vietnam reports 410 new Covid-19 cases on October 31

Vietnam recorded 410 new Covid-19 cases on October 31, according to the Ministry of Health.

The new cases brought the country’s total number of infections to 11,502,885.

Meanwhile, 216 patients were declared to be free from coronavirus SARS-CoV-2 on the same day, lifting the total number of recoveries to 10,603,212.

The death toll from the disease was still kept at 43,163, accounting for 0.4% of the total infections, as no fatality was logged on the day, cited VNA.

More than 261.88 million doses of Covid-19 vaccines have been administered so far.

Vietnam among world’s top 12 affordable honeymoon destinations

Magazine Travel+Leisure of the United States has named Vietnam among its top 12 perfect honeymoon destinations that won’t break the bank.

According to the magazine, boasting several places which are generally less-expensive than Thailand's famous tourist destinations, Vietnam is home to a little something for every kind of honeymooner.

Travel+Leisure therefore suggests that couples who like to hike should visit the Valley of Love in Da Lat or enjoy the vast scenic views of the Muong Hoa Valley located 10 km southeast of Sa Pa, or head to Fansipan, the highest mountain in the country.

For those looking for a honeymoon filled with food and culture, the magazine recommends that couples should book a stay at the luxurious Sofitel Legend Metropole in Hanoi, a place where they will find an oasis sat amid the centre of a buzzing city.

Magazine Travel+Leisure of the United States suggests that couples who like to hike should visit Fansipan Mountain in Sapa. Photo: VOV

“Honeymooners searching out beaches, spa, and relaxation will want to head to Con Dao, a group of islands off the coast that offers an affordable honeymoon filled with white-sand beaches and scenic trails,” it added.

Travel+Leisure also advises lovebirds to check out Con Dao's Six Senses resort, a place which is also a protected national and marine park that boasts a long beachfront.

Rounding off the list of the top 12 most affordable honeymoon destinations are Belize, Key Largo of the US, Bermuda, Jamaica, Napa and Sonoma of the US, Mexico, Honolulu of Hawaii, Costa Rica, Portugal, Niagara-on-the-Lake of Ontario in Canada, and Guatemala.

Vietnam invests over US$450 million overseas in 10 months

Vietnam’s outbound investment, including both newly-registered and adjusted capital, exceeded US$450 million in the first 10 months of this year, equivalent to nearly 70% of the figure recorded in the same period last year.

According to the Ministry of Planning and Investment, there were 90 new projects valued at over US$390.1 million, a 1.8-fold rise year-on-year, with the most notable invested by VinES Energy Solutions Joint Stock Company in the US, Canada, France, Germany and the Netherlands, each worth more than US$34.68 million.

Meanwhile, 19 projects registered to increase their investment capital by over US$61.9 million, equivalent to 14.5% of the amount in the corresponding time last year.

Vietnamese investors poured capital into 14 sectors, mainly processing and manufacturing with US$224 million; real estate, US$42.8 million; and mining, wholesale and retail.

Vietnam invests over 450 million USD overseas in 10 months. Photo: VNA

Among the 25 countries and territories where Vietnamese investors are operating, Singapore took the lead with 20 projects and combined capital of nearly US$75.3 million. It was followed by Laos, the US, Germany and the Netherlands.

As of October 20, Vietnam counted 1,594 overseas valid projects worth over US$21.68 billion, mainly specialising in mining (32.1%) and agro-forestry-fishery (15.9%).

Laos, Cambodia and Venezuela received the most Vietnamese investment capital, the ministry said.

The ministry also said foreign capital inflows fell whereas disbursed capital rose in the first 10 months of 2022, according to VNA.

The total newly-registered capital, adjusted capital, and capital contribution and share purchase stood at US$22.46 billion in the January-October period, down 5.4% year-on-year.

Specifically, 1,570 projects were granted investment registration certificates during the period, with total registered capital of US$9.93 billion, down 23.7% from last year.

One bright spot was disbursed capital, which topped US$17.45 billion in the first ten months of the year, 15.2% higher than the same period last year. It was expected to hit US$22 billion by the year-end.

Adjusted capital, as a single item itself, reached over US$8.74 billion, up 23.3% year-on-year. Roughly 880 projects registered for capital adjustment during the ten-month period.

There were 2,997 capital contributions and share purchases by late October, equivalent to US$3.97 billion. The figure was 4.5% higher than that in 2021.

Typhoon No.7 about 580 km from Paracel Archipelago, shock at level 13

The eye of storm No.7 (named Nalgae) was about 580 km east of the Hoang Sa (Paracel) Archipelago as of 10 am on October 31, packing 89-117 kilometres per hour winds (level 10-11) near its eye, with shock at level 13, as announced by the National Center for Hydro-meteorological Forecasting.

It is forecast that in the next 24 hours, the storm will likely grow stronger.

By 10 am on November 1, the typhoon will be about 18.7 degrees north latitude and 116.2 degrees east longitude, about 550km from Hoang Sa archipelago to the east-northeast.The strongest winds near the center will be at level 11, with shock at level 13.

The location and direction of storm No. 7. Source: nchmf.gov.vn

By 10 am on November 2, the typhoon will be about 20.4 degrees north latitude and 115.3 degrees east longitude, about 570km from the Hoang Sa archipelago to the northeast. The strongest winds near the center will be at level 10-11, with shock at level 13.

Over the next 48-72 hours, the storm is likely to change direction and move to the west-northwest, at a speed of 10 kilometers per hour. The strongest winds near the center will be at level 8-9, with shock at level 11, reported NDO.

72 to 96 hours from now, the storm will move mainly to the west-southwest, at a speed of 10 kilometers per hour, and gradually weaken into a tropical depression.

From the next 96 to 120 hours, the tropical depression moves mainly southwest, at a speed of 10 kilometres per hour, and gradually weakens into a low-pressure area.

Due to the influence of storm No. 7, the east coast of the northern and central areas of the South China Sea (including the waters of the Paracel Islands) will experience strong winds of levels 8-9, the strongest winds near the center will be at level 10-11, with shock at level 13.

Vietnam has highest percentage of football fans in Asia: Nielsen

Vietnam boasts the highest percentage of football fans in Asian countries, according to the latest survey conducted by global information website Nielsen.

Six out of a total of 12 representatives came from Southeast Asia, and Vietnam topped the list with football fans accounting for 75% of the country’s population.

Photo: Seasia

Elsewhere, Indonesia ranked third with 69%, whilst regional rivals Thailand and Malaysia were placed fifth and seventh with 58% and 53%, respectively.

The top 5 in Asia also included the United Arab Emirates (UAE) with 70% and Saudi Arabia with 65%, reported VOV.

Vietnamese football has shown plenty of progress over recent years under the guidance of head coach Park Hang-seo of the Republic of Korea. The senior men’s team twice won gold at the SEA Games, secured the 2018 AFF Cup trophy, and finished runners-up at the 2018 AFC U23 Championship. They also progressed to the third qualifying round of the 2022 FIFA World Cup for the first time.

Through these historic achievements, Vietnamese people's love and passion for football have been growing, impressing international friends.

The 2022 AFF Cup is set to get underway from December 23 to January 1, 2023, with the tournament expected to see great enthusiasm shown by regional fans, including those from Vietnam.

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