National Assembly Chairwoman Nguyen Thi Kim Ngan (right) and visiting Chairman of the State Duma of the Federal Assembly of the Russian Federation Vyacheslav Viktorovich Volodin (Photo: VNA) Hanoi (VNA) – The top legislators of Vietnam and Russia have agreed that the parliamentary cooperation is one of the important pillars of the partnership between Vietnam and Russia. National Assembly Chairwoman Nguyen Thi Kim Ngan and visiting Chairman of the State Duma of the Federal Assembly of the Russian Federation Vyacheslav Viktorovich Volodin reached the consensus during their talks in Hanoi on December 24. The collaboration between the Vietnamese NA and the State Duma in particular and the Federal Assembly in general has developed fruitfully over the past time, both bilaterally and multilaterally, they said. The two sides have actively implemented a cooperation agreement signed in 2013, while regularly maintaining the exchange of high-ranking delegations and those of the … [Read more...] about Parliamentary cooperation– important pillar of Vietnam-Russia ties
Aim global tie up schools
BUSINESS NEWS IN BRIEF 15/8
Over VND96 trillion of G-bonds mobilised The State Treasury of Viet Nam has raised a total of VND96.251 trillion (US$4.13 billion) via auctions of Government bonds at the Ha Noi Stock Exchange (HNX) since the beginning of the year. At an auction this week, the State Treasury mobilised VND3.95 trillion from five-year and seven-year bonds worth VND500 billion each and 10-year bonds and 15-year bonds worth VND2 trillion each. The interest rate of bonds increased slightly. Bonds with 10-year maturity raised VND1.55 trillion with an annual interest rate of 4.53 per cent, up 0.03 percentage points from the previous auction on August 1. A sub-session auction of 10-year bonds drew VND600 billion with the yearly interest rate of 4.53 percent. Those with a 15-year term attracted VND1.2 trillion with an annual interest rate of 4.81 per cent, up 0.03 percentage points in comparison with the rate of the previous auction on July 25, 2018. As much as VND600 million was mobilised … [Read more...] about BUSINESS NEWS IN BRIEF 15/8
US$10 billion plan for global education launched at UN
The United Nations joined the World Bank and four regional development banks on Friday (May 11) to launch a plan to boost funding for education by US$10 billion as new data shows a growing gap over access to schools. Afghan refugee girls leave after their school at a refugee camp on the outskirts of Islamabad on Feb 1, 2018. (Photo: AFP/Aamir Qureshi) About 260 million children worldwide are not in school, including 10 million who are refugees, according to an education commission set up in 2015 to boost investment in education. If this trend continues, half of the world's children - 400 million - will have no education beyond the age of 11 by the year 2030, said former British prime minister Gordon Brown, who is now the UN envoy for global education. "The biggest divide in the world today is between the half of our future that are going to be educated, and the other half who are going to be left behind," Brown told a news conference at UN headquarters in New York. The United … [Read more...] about US$10 billion plan for global education launched at UN
Social News 10/7
Future of paper factory uncertain Experts and officials are trying to decide what to do with a paper factory worth VNĐ3 trillion (US$133 million) in the Cửu Long (Mekong) Delta province of Long An that has been out of operation for many years due to technical problems. Phương Nam Paper Factory's construction commenced 10 years ago. The factory's investor, Transport and Communication Development Investment Company (Tradico) under Civil Engineering Construction Corporation No 6, promised to "produce the best quality paper in Việt Nam, equivalent to European standard" from jute plants. Along with the ambitious plan, local authorities called on residents to plant jute over an area of 9,000ha in the districts of Mộc Hóa, Tân Thạnh and Thạnh Hóa, the Nông thôn ngày nay (Countryside's Today) newspaper reported. The investment management of the factory was handed over from Tracodi to Việt Nam's Paper Corporation (Vinapaco) in 2009. More than 11,000ha of jute were then harvested and run through … [Read more...] about Social News 10/7
GOVERNMENT IN BRIEF 4/9
International leaders congratulate Viet Nam World leaders have sent congratulations to Viet Nam to mark the country's 68th National Day on September 2. These leaders include Japanese Emperor Akihito, South Korean President Park Geun Hye, German President Joachim Gauck, US President Barack Obama and French President Francois Hollande. President Sang calls for investment in children State President Truong Tan Sang has urged agencies, schools and parents to create the best conditions for students to enable them to make contributions to the country's socio-economic development. Sang spoke yesterday (Sept 3) at an opening ceremony at Bui Thi Xuan High School in Da Lat City in the Central Highlands province of Lam Dong. "The Party and State have always paid special attention to education and training, considering it a top national priority," the president said. Education and training are considered strategic tools for the country's industrialisation and modernisation, Sang told … [Read more...] about GOVERNMENT IN BRIEF 4/9