Concept of socio economic development

The event was co-hosted by the Moscow State Institute of International Relations (MGIMO)’s ASEAN Center and the Russian Ministry of Foreign Affairs. In an opening remark delivered virtually, Russian Deputy Minister of Foreign Affairs Ivan Morgulov said expanding cooperation with ASEAN remains one of Russia’s priorities in Asia-Pacific, contributing to the regional stability and sustainable development. Vietnamese Ambassador to Russia Dang Minh Khoi, for his part, said in the ever-changing geopolitical context, more than ever Russia and ASEAN need to cooperate closely for the common interest. They must together maintain peace, security and stability; foster socio-economic development; and strengthen open and inclusive regional architecture and win-win partnership with ASEAN at the center, he said. The diplomat stressed that as an active and responsible ASEAN member and Russia’s comprehensive strategic partner, Vietnam always supports the European country to reinforce ties with …

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Workers bury cables in Ha Noi. — VNA/VNS Photo The capital city of Ha Noi plans to bury telecommunications and electricity cables on 300 streets in 11 districts and towns by 2025, reported the municipal Department of Construction. Since the beginning of the year, the city has completed construction of underground cable infrastructure on 13 streets, located in districts of Hoan Kiem, Ha Dong and Cau Giay, bringing the total number of routes completed to 187. The Department of Construction will continue to bury 58 lines in the last months of the year. However, the department said that the work might still face obstacles because of a lack of labour due to the COVID-19 pandemic. VNPT Group, Viettel Group, MobiFone Corporation and Ha Noi Electricity Corporation have committed to support Ha Noi in deploying synchronous underground telecommunications lines and medium and low voltage power lines along streets in line with the capital's socio-economic development master plans. — VNS …

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Revenue to state budget increases over 10 percent The revenue to the state budget in the first 9 months of this year amounted to 1,084.7 trillion VND, representing 80.75 percent of the projection and an increase of 10.75 percent over the figure recorded in the same period last year, according to the Finance Ministry. Meanwhile, the expenditure from the state coffer was estimated at 116.3 trillion VND, with the fight against the COVID-19 pandemic being prioritised. By the end of September, 29.1 trillion VND from the state budget was spend on the fight and support to those adversely affected by the pandemic. Despite the serious impacts of the pandemic, the revenue still increased year on year thanks to the economic growth momentum in the last month of last year, the ministry said. For the rest of the year, the ministry will continue accelerating administrative procedure reforms on taxation, simplifying business conditions, and joining other forces in fighting …

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Vietnam’s business hub Ho Chi Minh City will first resume interprovincial tours from November 1 before re-launching international tourism activities in early 2022, according to its plan for tourism recovery from COVID-19. The plan has been launched as the southern city and the country in general are loosening strict COVID-19 restrictions to resume socio-economic activities under ‘new normal conditions,’ a phrase the Vietnamese government uses to describe its new strategy of living safely with the coronavirus. Accordingly, the tourism recovery will follow a three-phase roadmap that requires strict compliance with epidemic prevention measures. In the first phase, which lasts from now to October 31, the city will reopen local tourism activities in “green zones”, meaning areas without known COVID-19 infection cases. People can select tours organized by travel companies or go by themselves to destinations in districts where the pandemic has been put under control. Hotels and …

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Traffic turned heavy on roads leading to Ba Ria - Vung Tau on Saturday morning after the southern Vietnamese province’s administration had removed medical control measures, including COVID-19 testing certificate mandate, imposed on arrivals. Residents of Ho Chi Minh City started searching for the new COVID-19 prevention and control regulations in Ba Ria - Vung Tau on Friday evening, when the provincial authorities announced the relaxation of curbs on socio-economic activities and medical controls. Accordingly, arrivals to the province are no longer required to present a negative COVID-19 testing certificate while beach-going and outdoor sporting activities such as walking, golf and tennis are resumed with a limited number of participants starting Saturday. Many people thus drove their vehicles from Ho Chi Minh City to Vung Tau, the popular beach city of the southern province, on Saturday morning. Vehicles pass through a tollbooth on a section of National Highway 51 in …

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At the lauching ceremony of the route at the Dien Bien Phu airport. — VNA/VNS Photo The first Bamboo Airways flight from Ha Noi landed at Dien Bien Phu airport in the northern border province of Dien Bien on Thursday, marking the official launch of Bamboo Airways' Ha Noi-Dien Bien route. The airline operates three return flights a week on the route using Embraer 190 aircraft. The flight frequency will gradually increase depending on actual travel demand. Bamboo Airways General Director Dang Tat Thang said the new service will facilitate the travel of locals and tourists, helping attract investment to Dien Bien and increasing exchanges between Dien Bien and other socio-economic and cultural hubs of the nation. He unveiled that the carrier will launch a direct route linking the province and HCM City in December, serving surging travel demand during the holidays. — VNS …

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The host applauded the achievements Vietnam has obtained during its reform, economic development, regional and international integration, and improvement of people’s welfare. She wished her guest a successful term to actively help strengthen and develop the friendship between the governments and peoples of the two countries. Thach, who is also the ambassador of Vietnam to Ukraine, expressed his honor to assume his duty in Moldova, a small but beautiful country with rich history and culture. The diplomat said both countries hold huge potential, and that he will exert utmost efforts to promote bilateral multifaceted ties, especially in economy and trade. Source: VNA …

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Vietnamese Party chief Nguyen Phu Trong addresses measures to enhance friendship and cooperation between China and Vietnam during his ongoing official visit to Beijing from January 12 to 15. General Secretary Trong spoke with General Secretary of the Communist Party of China and Chinese President Xi Jinping following his arrival in Beijing on Thursday evening, the Vietnam News Agency reported. President Xi warmly welcomed the Vietnamese Party chief on the latter’s first China visit since the 12th Party Congress, saying the visit is a crucial step in deepening the Vietnam-China relationship. The Chinese leader stated that his country attaches significant importance to its ties with Vietnam and underlined its willingness to work with the Vietnamese Party, State, and people to strengthen the two nations’ bilateral cooperation and comprehensive strategic cooperative partnership. Replying to his host, General Secretary Trong affirmed that Vietnam has always respected its …

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Access to low-cost technology was the topic of a discussion session of the ITU Ministerial Roundtable that took place on October 12-14. While 4G and 5G are gradually becoming more popular, nearly 50% of the global population has not yet had access to the Internet. It is not easy for all countries to perform digital transformation because of the difference in access to the Internet and technology. Access to low-cost technology was the topic of a discussion session of the ITU Ministerial Roundtable that took place on October 12-14, within the framework of the ITU Digital World hosted by Vietnam. ICT Ministers and many experts of ITU member countries discussed the issue of setting appropriate costs to help accelerate digital transformation and the role of governments in removing barriers to Internet access digital transformation. According to ITU’s data, more than 90% of the urban population and more than 70% of the rural population in the world have been covered …

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Mounting challenges Reports by Hanoi's departments, sectors and associations on about 1,500 businesses in the city showed that the Covid-19 pandemic has severely affected production and business activities, especially disrupting supply chains and spilling over from processing and manufacturing of industrial products to services like banking, insurance, and logistics. Enterprises have encountered other difficulties in terms of supply sources, high production costs and other costs related to Covid-19 prevention and control. Hanoi’s enterprises face many difficulties and challenges Data from the Hanoi Statistical Office show that in the first eight months of 2021, more than 2,000 enterprises were dissolved, 9,300 enterprises registered to suspend operations, and 7,400 enterprises resumed operations. Meanwhile, according to the Hanoi Taxation Office, as of August 26, nearly 3,150 business households had submitted requests for support due to impacts of the pandemic in …

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