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According to Mr. Tri, all general urban planning for HCMC signed by the Prime Minister from 1993 up to 2012 have the same basic content, which is developing Thu Thiem urban area and the multi-polar development with satellite cities as a whole. … [Read more...] about Proper sanction needed to reform HCMC urban planning

The authors of the ADB report recommend that if “issuers remain slow to adopt credit ratings, the government should consider a universal mandate for credit ratings encompassing all publicly and privately listed issuances. While such a requirement will add to transaction costs, it will lead to the development of a credit culture, which is crucial for the development of a vibrant bond market.” … [Read more...] about Vietnam primed for credit rating agency to boost bond market

HCM City plans to focus on key areas in exports, logistics, exhibitions and fairs, and wholesale and retail activities. — VNA/VNS PhotoViet Nam News HCM CITY — HCM City plans to focus on the four key areas of exports, logistics, exhibitions and fairs, and wholesale and retail activities, according to Nguyễn Huỳnh Trang, deputy director of the Department of Industry and Trade. … [Read more...] about HCM City to reform food markets

Hanoi (VNA) – Senior officials of ASEAN member countries met online on January 19 to discuss preparations for the upcoming ASEAN Foreign Ministers’ Retreat (AMMR) that is slated for January 21. Speaking at the event, the head of SOM ASEAN of Brunei said that with the ASEAN 2021’s theme of “We Care, We Prepare, We Prosper,” Brunei hopes to build on the achievements that the association gained in 2020, with focus on the people and sustainable development, building a regional architecture ruled by law, upholding multilateralism and supporting an open multilateral trade system. Participants exchanged their ideas on work that need to be done since after the 37th ASEAN Summit and related meeting, including a mid-term report on the implementation of the ASEAN Political-Security Community (APSC) Blueprint and the strengthening of inter-pillar and inter-sectoral coordination towards the building of the Post-2025 ASEAN Community Vision. They … [Read more...] about ASEAN senior officials discuss preparations for AMM Retreat

Soc Trang (VNA) - The poverty rate in the Mekong Delta province of Soc Trang fell from 17.89 percent in 2016 to 2.66 percent in 2020 thanks to the effectiveness of the National Target Programme on Sustainable Poverty Reduction. The result was revealed by Ma Chi Thanh, Deputy Director of the provincial Department of Labour, Invalids and Social Affairs during a conference reviewing the five-year implementation of the programme in the Mekong Delta province on January 19. Thanh said that the number of poor households in Soc Trang was more than 57,800 in 2016, with Khmer ethnic minority families accounting for nearly 27 percent of the total. Five years later, the number was brought down to just over 8,610, or 2.66 percent of the total, he noted, adding that only 4.13 percent of Khmer ethnic minority households were classified as poor last year. The poverty rate declined more than 3 percent annually over the last five years - higher than the goal set by the provincial Party Committee … [Read more...] about Soc Trang: Poverty rate plunges to 2.66 pct. in five years