2020 x3 suv

According to the article, titled “Laos-Vietnam relations are deepening,” the visit takes place in the context that the two countries are preparing to celebrate the 60th anniversary of the establishment of diplomatic relations (September 5, 1962 - September 5, 2022) and the 45th anniversary of the signing of the Treaty of Amity and Cooperation (July 18, 1977 - July 18, 2022) and the Laos - Vietnam Solidarity and Friendship Year 2022. It affirmed that the visit to Laos of the high-ranking Vietnamese delegation allows the two nations to continue inheriting, cultivating and developing the great friendship, special solidarity and comprehensive relationship between the two Parties, the two States and the people of Laos and Vietnam. According to the article, Laos and Vietnam share a border of more than 2,000km, and the close relationship between the two countries has been cultivated since the historical period of national construction and defense in each country. The great friendship, … [Read more...] about Lao newspaper spotlights Vietnamese N.A. Chairman’s official visit

Illustrative photo. (Source: VNA) Hanoi (VNA) – It will be a challenge to keep Consumer Price Index ( CPI ) growth under 4 percent this year, according to an economist. Vietnam's CPI picked up 2.1 percent in the first four months of 2022 , much higher than the same period last year’s 0.89 percent but still lower than that of 2017 (4.8 percent) and 2020 (4.9 percent), commented Dr. Tran Toan Thang, head of the Department of Industrial and Business Forecast at the National Centre of Economic Forecast and Information. April CPI advanced 2.09 percent compared to December 2021 and 2.64 percent year-on-year as a result of an increase in prices of nine out of eleven commodities and services. Prices of transport services surged 16.59 percent last month, causing the overall CPI to gain 1.6 percentage points. As major economies like the EU, US, and UK are seeing inflation climbing to record highs in decades, it still looks okay for Vietnam, he said. However, he warned that … [Read more...] about Keeping CPI below 4 pct this year a challenge: Economist

During the 2016-2020 period, the two-way trade saw stable expansion and reached the target of over 1 billion USD, but then suffered from the impact of the COVID-19 pandemic and natural disasters. The Asia-Pacific Market Department at the Vietnamese Ministry of Industry and Trade (MoIT) said that the bilateral trade exceeded 1 billion USD in 2020, down 11.5 percent year-on-year, of which Vietnam’s exports were worth 571.7 million USD, down 18.5 percent. However, the bilateral trade bounced back since early 2021, surging 33.3 percent to 1.37 billion USD for the year, with Vietnam’s export revenue reaching 594.7 million USD, a rise of 4 percent from 2020, and its import hitting 778.2 million USD, up 69.8 percent. The results are attributable to the political resolve by Vietnamese and Lao leaders and the drastic management of competent agencies to remove obstacles facing businesses of the two countries and create optimal conditions for them to quickly adapt to the new situation. In … [Read more...] about Vietnam – Laos trade ties growing sustainably

Samsung completed another major part of the construction of the R&D centre in Hanoi The above ceremony marks the completion of 70 per cent of the workload. Samsung ensures that the construction goes on as planned and expects to take the centre into operation by the end of this year as previously committed to the government. Choi Joo Ho, general director of Samsung Vietnam said, “Through the centre, Samsung targets to foster the study capacity of Vietnamese talents in AI, IoT, big data, and 5G to create a premise for the country to be ahead of the pack with the changes of the Fourth Industrial Revolution.” Ho added, “The R&D centre not only proves Samsung’s long-term investment commitment in Vietnam but also shows the group’s determination to support the country in becoming the leading manufacturing hub in Southeast Asia.” The centre has the total investment of $200 million, and the construction was started in March 2020. The project’s construction was going on as … [Read more...] about Samsung completed parts of construction of R&D centre in Hanoi

Techcombank is on track to be among the top ASEAN banks Techcombank’s rise within the Vietnamese banking industry was highlighted last year when it became the first non-state-owned bank to join Vietnam’s billion-dollar profit club. “Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us to deliver stellar performance year after year,” said Jens Lottner, CEO of Techcombank. Last year, the bank continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a “stable and cheap” source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 per cent in 2020 to 50.5 per cent last year, well on its way to the bank’s target of 55 per cent by 2025. Techcombank’s net interest margin, a measure of the difference between the interest … [Read more...] about Techcombank on track for a seat among the top ASEAN banks

"We are constantly looking for other areas to cooperate with the government. We bring to the table expertise in healthcare management, in regulatory affairs, even in logistics." - Lennor Carrillo, general director at Roche Pharma Vietnam During Roche’s 28 years in Vietnam, the company has moved beyond its traditional role as a pharma company and partnered with the government, hospitals, and doctors to improve the entire healthcare ecosystem. Could you share some highlights and difficulties of the journey? Roche celebrated its 125th birthday globally, and in that time span, we’ve tried to go beyond the drug-patient kind of approach and make a bigger impact. In Vietnam, aside from the government, additional partners that we have worked with include the Vietnam Medical Association, the Bright Future Fund, the National Cancer Institute, the National Institute of Hematology and Blood Transfusion, and other medical institutes and hospitals. A good example of the partnership we … [Read more...] about Roche Pharma Vietnam co-creating partnerships in sustainable health

Vietnamese cyclist Đinh Thị Như Quỳnh celebrates her win in the women’s mountain bike cross-country Olympic category on May 16. VNA/VNS Photo Trọng Đạt Thanh Nga HÒA BÌNH — Vietnamese cyclist Đinh Thị Như Quỳnh defended her gold medal in the women’s mountain bike cross-country Olympic category on May 16. Quỳnh finished first with a time of 1:18.06 to get the victory, followed by Zainal Abidin Nur Assyira of Malaysia with a time of 1:22.14 and Malaysian Soon Natahsya clocking in at 1:23. At the SEA Games 30 held in the Philippines in 2019, Quỳnh also bagged the gold medal in the same category. Despite difficulties due to adverse weather conditions - it rained before the race began - causing some parts of the race track to sink, Quỳnh still completed her race outstandingly to leave behind her rivals at the finish line. “I am thrilled and proud of this medal. I dedicate this victory to my family and fans,” Quỳnh said. Quỳnh, 30, is a veteran cyclist of the … [Read more...] about Cyclist Quỳnh defends cross-country gold

Greek President Katerina Sakellaropoulou and Vietnamese President Nguyễn Xuân Phúc during the press conference. — VNA/VNS Photo Thống Nhất HÀ NỘI — President Nguyễn Xuân Phúc and Greek President Katerina Sakellaropoulou on Monday emphasised the importance of enhancing relations between the two countries. This is the Greek President's first official visit to Việt Nam. Vietnamese President Phúc praised the hard work carried out between the two countries to make progress with existing relations and revealed plans are in place to strengthen ties in the future. He told the press conference: "The relations between the two countries have seen significant progress recently, and we have set out specific directions and strategies to further deepen our cooperation in all aspects. "We also discussed a number of regional and international issues of mutual concern.” President Katerina Sakellaropoulou said that this visit will enhance relations between the two countries, the first time … [Read more...] about Plans in place to strengthen Greece – Việt Nam ties

Two Vietnamese university professors were honoured with the Kovalevskaya Award 2021 for their outstanding achievements in applied sciences at a May 16 ceremony with Vice President Vo Thi Anh Xuan in attendance. Awardees of the Kovalevskaya Award 2021. (Photo: VNA) The event was held by the Vietnam Women’s Union Central Committee in Hanoi. The awardees were Prof., Dr. Nguyen Thi Thanh Mai, Vice Rector of the University of Science at the Vietnam National University, Ho Chi Minh City (VNU-HCM); and Prof., Dr. and Meritorious Teacher Nguyen Minh Thuy, a senior lecturer in food technology at the Faculty of Agriculture, the Can Tho University. In her opening remarks, Chairwoman of the Vietnam Women’s Union’s Central Committee Ha Thi Nga said the award, named after Russian mathematician Sofia Kovalevskaya, is the first international award for women in recognition for their exceptional contributions to scientific and technological research and … [Read more...] about Kovalevskaya Award 2021 presented to two university professors

Truong Hung Long, director of the Department of Debt Management and External Finance under the Ministry of Finance. Improving the national credit rating is implemented with a long-term vision to reduce the cost of capital mobilisation, enhance the country's reputation, and meet the needs of socio-economic development in the future. Truong Hung Long, director of the Department of Debt Management and External Finance under the Ministry of Finance, spoke with Vietnam News Agency about the issues. The Prime Minister has just approved a project to improve the national credit rating by 2030. The Department of Debt Management and External Finance is assigned to develop and implement the project. What will the department do to fulfil this task? The Government issued Decision 304/QD-TTg on February 6, 2013 to approve a project on improving the national credit rating. That created favourable conditions for the Government in accessing the international capital market. It is also a way … [Read more...] about Viet Nam promotes solutions to improve national credit rating