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Hanoi – The northern mountainous province of Yen Bai has received and implemented 21 programmes and projects funded by the World Bank (WB) with total investment of 4.67 trillion VND (199.65 million USD) since 2000, according to a local official. Chairman of the Yen Bai province People’s Committee Tran Huy Tuan and WB Country Director for Vietnam Carolyn Turk. (Photo: VNA) Chairman of the provincial People’s Committee Tran Huy Tuan told WB Country Director for Vietnam Carolyn Turk on August 9 that 18 out of the 21 projects have been put into use, while three are underway. These projects have significantly contributed to local development in essential sectors like poverty reduction, construction, healthcare, rural transport and urban infrastructure, he stressed. Turk was in Yen Bai province to discuss the implementation of the dynamic cities integrated development project, which includes Yen Bai city, with total investment amounting to 63.27 million USD, of which 39.46 … [Read more...] about Yen Bai deploys 21 World Bank-funded projects

Hanoi - Vietnam’s GDP growth is forecast to expand 7.5 percent in 2022 and 6.7 percent in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery. At the press conference to release the report. (Photo: WB Vietnam) According to the latest economic update by World Bank (WB) for Vietnam, the country’s economy expanded 5.2 percent in Q4 of 2021, and respectively 5.1 percent and 7.7 percent in Q1 and Q2 of 2022. Inflation is projected to average 3.8 percent over the year. Carolyn Turk, WB Country Director for Vietnam, said that the bi-annual report “lays out a set of policy recommendations that could help mitigate the impact of these risks and make the economy more resilient going forward.” Titled “Taking Stock: Educate to Grow”, this edition underlines transforming the higher education system as the key to boosting the country’s productivity and achieving its development goals, in the context where the … [Read more...] about Vietnam’s economic growth forecast at 7.5 pc in 2022: World Bank

At the meeting ( Photo: SGGP) Today, the Ho Chi Minh City National Assembly deputies delegation had a meeting to supervise the implementation of the Housing Law in the city for the 2016-2021 period to the branch of the State Bank of Vietnam in HCMC and the branch of the Bank for Social Policies in HCMC, the Department of Construction and Department of Natural Resources and Environment. At the conference, Huynh Thanh Khiet, Deputy Director of Ho Chi Minh City Department of Construction, said that in the period 2016-2021, nearly 15,000 apartments in 19 social housing projects were completed. In the next phase between 2021 to 2025, the southern metropolis planned to implement 25 projects with a total of more than 28,600 apartments. With nearly 15,000 apartments in 19 social housing projects, Ho Chi Minh City can satisfy the housing needs of a part of low-income people, civil servants, and public employees with housing difficulties. Accordingly, the number of social housing has not … [Read more...] about Low-income earners hardly access loans for buying social houses

The fire-fighting section of the police of central Quang Nam is commended for their efforts to successfully rescue a group of teachers and students trapped on the bank of a stream in Que Son district. (Photo: qrt.vn) In his letter, the President commended the team for their ingenuity, decisiveness, courage and rescue skills, affirming that this feat has contributed to highlighting the image of the People's Public Security officers who are always ready to serve the people, and do not mind difficulties and dangers in protecting people's lives and properties. He urged each citizen to actively improve their initiative in natural disaster prevention and control, and calmly deal with unexpected incident. The President also asked localities to step up communication activities and better the capacity for natural disaster prevention and control, incident response and search and rescue. At 3:58 pm on August 6, after receiving the information that a group of 23 students and teachers got … [Read more...] about President commends Quang Nam’s fire-fighters

The central city topped the ranking for cities and provinces, scoring 0.6419 points, 0.1545 higher than the 2020 ranking released last year. Thua Thien Hue came in second place again with 0.5872 points, and Ho Chi Minh City climbed two spots to rank third. The top ten also included Bac Ninh, Lang Son, Ninh Binh, Quang Ninh, Thai Nguyen, Binh Phuoc and Bac Giang. The Ministry of Finance led the rankings of 17 ministries and ministry-level agencies providing public services, gaining 0.6321 points, 0.13 higher than the previous ranking. It was followed by the Ministry of Planning and Investment and Vietnam Social Security. Also in the top ten were the State Bank of Vietnam, the ministries of Trade and Industry; Information and Telecommunications; Environment and Natural Resources; Culture, Sports and Tourism; Transport; and Home Affairs. Claiming 0.4736 points, the Vietnam Academy of Science and Technology rose two spots to rank first among nine ministries and ministry-level … [Read more...] about Da Nang, Finance Ministry top Digital Transformation Index

Vietnam’s digital transformation is designed to be based on three main pillars namely institution, infrastructure, and manpower. Digital transformation plays a major role in building an independent and integrated economy, Vietnam’s Prime Minister Pham Minh Chinh made the statement today. The country should not remain outside this process and building successful digital-based economy and society needs to begin with e-government, Chinh, who is also Chairman of the National Committee for Digital Transformation, said at the committee’s 3rd meeting on August 9. The event drew the participation of more than 130,000 officials nationwide, including Deputy Prime Minister Vu Duc Dam and many cabinet members, to discuss the application of population data and electronic identification and authentication for national digital transformation in the 2022-2025 period with a vision to 2030. Vietnam's Prime Minister Pham Minh Chinh speaks at the national meeting on digital … [Read more...] about Digital transformation matters a lot to economic integration: Vietnamese PM

Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency . - Vietnam always wants to promote solidarity, friendship, and comprehensive, sustainable and long-term cooperation with Cambodia, considering this a priority in its foreign policy, Minister of National Defence General Phan Van Giang told Cambodian guests in Hanoi on August 8. Giang hosted a reception for a delegation of the Royal Cambodian Armed Forces (RCAF) led by Lt. Gen. Hun Manet, Deputy Commander-in-Chief of the RCAF and Commander of the Royal Cambodian Army. Read full story - Vietnam’s GDP growth is forecast to expand 7.5% in 2022 and 6.7% in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery. At the press conference to release the report. (Photo: WB Vietnam) According to the latest economic update by World Bank (WB) for Vietnam, the country’s economy expanded 5.2% in Q4 of 2021, and … [Read more...] about ☀️ Morning digest August 9