National Assembly deputies were divided into teams to discuss socio-economic achievements and challenges during their third working day in Hà Nội on Wednesday. VNA/VNS Photos Phạm Kiên HÀ NỘI — National Assembly Chairman Vương Đình Huệ yesterday day expressed his concern that this year’s growth target will be hard to reach. He was speaking during the third working day of the third session of the 15th-tenure National Assembly (NA) in Hà Nội. NA deputies reviewed the socio-economic development results in 2021, and discussed plans for further development and budget allocation this year. Discussing the economic growth targets that the 13th Party Congress set for the next five years, NA chair Huệ expressed his worries that the country must try much harder to achieve the gross domestic product (GDP) growth target of 8-8.5 per cent this year. The congress set a GDP growth target of 6.5-7 per cent each year from 2021 to … [Read more...] about Reaching growth target a challenge for this year: NA chair
B patisserie lunar new year
SEA Games 31: Malaysian media impressed with host Vietnam
At the closing ceremony of SEA Games 31 . (Photo: VNA) Hanoi (VNA) – Vietnam has successfully organised SEA Games 31, rounding off the tournament with a spectacular ceremony, Malaysia’s media have said. In an article titled ‘Hanoi SEA Games ends in colourful, vibrant, spectacular style’, Vikneswaran Raman of the Malaysian news agency Bernama reviewed highlights of the Games’ closing ceremony at Hanoi's My Dinh Indoor Athletics Arena. The reporter said the ceremony, powered by stunning light shows and marked the rejuvenation of sports in the region. The article also noted Vietnam in its second time hosting the sports event, topped the medal tally with a massive 205-125-116 medal haul. At the closing ceremony (Photo: VNA) Echoing the view, the news site The Star lauded the successful organisation of the Games and the 90-minute warm and joyful farewell to international friends after excellent competitions. In an article reviewing Malaysia’s journey at the … [Read more...] about SEA Games 31: Malaysian media impressed with host Vietnam
Quang Ninh to host Vietnam Real Estate Brokerage Day 2022
At the press conference (Photo: VNA) Hanoi (VNA) - The Vietnam Real Estate Brokerage Day 2022 will take place in Ha Long city in the northern province of Quang Ninh from June 24-25. According to Nguyen Chi Thanh, vice chairman of the Vietnam Association of Realtors (VARS), Vietnamese real estate brokers have played an important role in the rapid, strong and sustainable development of the property market over the last two decades. He underlined the impressive change to Vietnam's property market with thousands of new and modern urban areas, adding that tens of thousands of people have been able to buy new houses every year. Thanh attributed the results to the significant contribution of real estate brokers in Vietnam, noting they have helped stimulate demand and create motivation for property developer s to promote investments. The event is hoped to attract about 1,000 participants from the real estate investment and business community and brokers across the … [Read more...] about Quang Ninh to host Vietnam Real Estate Brokerage Day 2022
Shinhan Life Vietnam, Shinhan Bank Vietnam sign partnership
Kang GewWon, General Director of Shinhan Bank Vietnam (left) and Lee Euichul, General Director of Shinhan Life (right), signed an insurance business partnership on May 24. — Photo Shinhan Bank Vietnam Shinhan Life Insurance Vietnam Limited Liability Company (Shinhan Life Vietnam) and Shinhan Bank Vietnam Limited (Shinhan Bank) officially signed a strategic cooperation agreement on implementing the bancassurance business model on May 24. The agreement marks a new chapter full of expectations for two financial organisations with mutual plans to bring living improvement solutions to a million Vietnamese people. Under the framework of the new agreement, Shinhan Bank Vietnam will consult and introduce life insurance products of Shinhan Life to the bank's customers nationwide. The first product developed through this distribution channel is Shinhan – Credit, a protection product for borrowers. “In recent years, customers' demand for insurance products at the bank has expanded … [Read more...] about Shinhan Life Vietnam, Shinhan Bank Vietnam sign partnership
Different plans to be prepared for safe and effective operation of the securities market
Deputy Minister of Finance Nguyễn Đức Chi. The State authorities have recently taken a number of measures to strengthen the management and supervision of the securities market, including replacing the head of the State Securities Commission and taking disciplinary measures against leaders of the two national stock exchanges and the Việt Nam Securities Depository. Deputy Minister of Finance Nguyễn Đức Chi, who was appointed to take the charge of the State Securities Commission from May 19, spoke to the media about solutions to ensure the stable and safe operation of the securities market in the future. What is the view of the Ministry of Finance on the recent violations of the State management agencies in the securities market? Recently, authorities inspected activities on the stock market as well as State management agencies in charge of the market and have discovered the shortcomings and weaknesses of officials and civil servants in the … [Read more...] about Different plans to be prepared for safe and effective operation of the securities market
Vietnam-US to have stronger trade relations
Prime Minister Pham Minh Chinh (R) receives US Secretary of Commerce Gina Raimondo in Washington DC. on May 11 (Photo: VNA) This visit has been successful in paving the way for new development opportunities and stronger trade relations between the two countries. According to statistics from the General Department of Customs, the bilateral trade turnover between Vietnam and the US in 1995 was at US$450 million, and by 2021 it had increased to $111.6 billion, 248 times higher. In 2021, Vietnam exported $96.3 billion worth of goods to the US, up by 24.9 percent compared to 2020, accounting for 28.6 percent of the total export turnover of the country. As a result, Vietnam had a trade surplus of $81 billion, and the US continues to be Vietnam's number one trade surplus market, up by 27.9 percent compared to $63.4 billion in 2020. This has contributed to creating a new peak in exports and imports and prolonging the trade surplus for six consecutive years from 2016 until 2021. Vietnam … [Read more...] about Vietnam-US to have stronger trade relations
Work begins on $40-million thin film project in Binh Dinh
Delegates attended to the factory's groundbreaking ceremony. — Photo baodautu.vn Kurz International Holdings GMBH from Germany held a groundbreaking ceremony to build a thin-film factory at the Becamex Viet Nam-Singapore Industrial Park (VSIP) in the south central province of Binh Dinh on Tuesday. Kurz International is the first European investor to invest in the 1,425-ha park as well as in the south central province. The US$40-million project covers 12,000sq.m. It is the third invested by Kurz International in Asia. The first phase of the project is expected to be operational in the third quarter of 2023, with a total production capacity of 15 million sq.m of hi-tech film and coating products a year. Depending on operations in Viet Nam, the total investment for the project is expected to be up to $100 million in 10-15 years. General Director of KURZ Vietnam Co, Cosima von Salis said the new factory in Binh Dinh Province will help strengthen the influence of KURZ Group in … [Read more...] about Work begins on $40-million thin film project in Binh Dinh
Viet Nam-Asia DX Summit 2022 opens in Ha Noi
The Viet Nam -Asia DX Summit 2022 opened in Ha Noi on Wednesday. — Photo vietnamplus.vn The Viet Nam-Asia Digital Transformation (DX) Summit 2022 opened in Ha Noi yesterday, where experts are examining ways to further utilise the advantages of digitalisation for the economy and society. The digital economy is making many important contributions to the global economy, said Nguyen Van Khoa, Viet Nam Software and IT Services Association (Vinasa) chairman. Facing the trend towards digitalisation, many countries have taken the opportunity to develop the digital economy and have issued their own development strategies, he added. The summit is organised by Vinasa under the direction and patronage of the Ministry of Information and Communications. Data from Google and Temasek shows that the Vietnamese internet economy achieved US$21 billion last year and contributed more than 5 per cent of the country's GDP. Studies show that the growth rate of the Vietnamese digital economy is … [Read more...] about Viet Nam-Asia DX Summit 2022 opens in Ha Noi
Minutes before school attack, Texas gunman sent online warning
The gunman, 18-year-old Salvador Ramos, also sent a message on Tuesday saying he was going to shoot his grandmother and another one confirming he had done so, Abbott said at a news conference. Ramos' grandmother, whom the suspect shot in the face shortly before attacking the school, survived and called police. Ramos gave no warning except the online posts. After shooting his grandmother, he fled the home they shared and crashed his car near Robb Elementary School in Uvalde, Texas, about 80 miles (130 km) west of San Antonio. A school police officer approached him outside the building, according to officials, but no gunfire was exchanged. Authorities offered few additional details of that encounter, which is likely to become a focus of investigations, except that the suspect dropped a bag full of ammunition on the ground and ran toward the school when he saw the officer. Ramos then entered the school through a back door carrying an AR-15-style rifle and made his way down two … [Read more...] about Minutes before school attack, Texas gunman sent online warning
Việt Nam-Asia DX Summit 2022 opens in Hà Nội
The Việt Nam -Asia DX Summit 2022 opened in Hà Nội on Wednesday. — Photo vietnamplus.vn HÀ NỘI — The Việt Nam-Asia Digital Transformation (DX) Summit 2022 opened in Hà Nội yesterday, where experts are examining ways to further utilise the advantages of digitalisation for the economy and society. The digital economy is making many important contributions to the global economy, said Nguyễn Văn Khoa, Việt Nam Software and IT Services Association (Vinasa) chairman. Facing the trend towards digitalisation, many countries have taken the opportunity to develop the digital economy and have issued their own development strategies, he added. The summit is organised by Vinasa under the direction and patronage of the Ministry of Information and Communications. Data from Google and Temasek shows that the Vietnamese internet economy achieved US$21 billion last year and contributed more than 5 per cent of the country's GDP. Studies show that the growth … [Read more...] about Việt Nam-Asia DX Summit 2022 opens in Hà Nội