Delayed domestic flights today

President Ho Chi Minh meets with Italian journalists from the Communist newspaper l'Unità in 1959. (Photo: VNA) Seoul (VNA) – The ideology of patriotic nationalism pursued by President Ho Chi Minh remains alive today amidst a rise in competition for power among major countries, Professor Choi Gyu Youb from the Republic of Korea’s Hanshin University told Vietnam News Agency. The Korean professor admired the the great personality of the late leader who was largely respected even by enemies. Under the wise leadership of President Ho Chi Minh, Vietnam defeated two major powers – French colonialists and American imperialists, Choi noted, quoting the late leader as saying Vietnam possesses a weapon more formidable than the most advance one of the Americans, which is people’s solidarity and patriotic nationalism . He praised President Ho Chi Minh as a brilliant strategist who had a historical vision and decisions, saying his strategies were flexible, depending on each … [Read more...] about President Ho Chi Minh’s ideology remains alive: Korean professor

Jose Mestre, a representative of the Central Retail Group in Vietnam, speaks at the conference (Photo: VNA) Bac Giang (VNA) – The northern province of Bac Giang, in collaboration with the ministries of Industry and Trade, and Agriculture and Rural Development, held an online conference on litchi sales for nearly 80 target markets at home and abroad. The conference provided an opportunity for Bac Giang to promote litchi sales in domestic and export markets; and strengthen its coordination with centrally-run agencies, domestic and foreign provinces and cities, and overseas Vietnamese economic, trade and diplomatic agencies. It also served as a forum for domestic and foreign businesses to find partners and sign contracts for litchi and litchi-based products in this year. Speaking at the event, Vice Chairman of the People’s Committee of Bac Giang province Phan The Tuan said that thanks to the favourable weather and the close control of growing area codes, the … [Read more...] about Bac Giang promotes litchi sales at home and abroad

Major General Vu Duc Long, Deputy Political Commissar of the academy; leaders of agencies, units, and scientists inside and outside the academy attended the event. The seminar affirmed that 100 years ago, on May 24, 1922, the Colonial Research Council of the Union of Colonies approved the union’s Declaration drafted by Nguyen Ai Quoc. The Declaration featured the core standpoints, orientations for the organization and operation of the union with the aim of guiding colonial nations to struggle for liberating them from oppression and exploitation of colonial imperialism. With Nguyen Ai Quoc and his friends’ energy, knowledge, and talent, the union, though operating for a short time, significantly contributed to connecting the peoples of colonial countries in a common front in the fight against colonial imperialism, and building solidarity between the peoples of the colonial countries and the French working class and working people in a bid to liberate colonial nations from oppression … [Read more...] about Scientific seminar on Ho Chi Minh and the Union of Colonies held

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

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

Positive prospects Total consolidated revenue of the Vietnam National Textile and Garment Group (Vinatex) in the first quarter of 2022 reached nearly VND4.9 trillion, a year-on-year increase of 45 percent. Its pretax profit reached VND376.7 billion, up 74 percent compared with the first quarter of 2021, and equivalent to 39.6 percent of the annual projection. Many textile and garment companies have received orders to maintain exports until the end of the third quarter of 2022 Vinatex attributed these results to the fact that most yarn companies of the group received orders in 2021 to maintain exports in 2022 and to the forecast about cotton price increases resulting in a large volume of low-priced cotton in stock. In early 2022, member companies of Vinatex achieved satisfactory business results and many received orders for the first three quarters of the year. The yarn sector so far has fulfilled 63 percent of its annual business plan. Garment companies have … [Read more...] about Q1 reports of Vietnamese enterprises reflect economic recovery

At a group discussion of the third session of the 15th National Assembly . (Photo: VNA) Hanoi (VNA) – President Nguyen Xuan Phuc said at a group discussion on May 25 during the third session of the 15th National Assembly that the implementation of economic stimulus packages and public investment should be promoted to provide timely support for businesses and people. Speaking at the group discussion on supplementary assessments of the implementation of the socio-economic development plans and the state budget in 2021 and the first months of 2022, Phuc also stressed social issues that need special attention, especially education, child abuse, drowning and school violence. He pointed to challenges to the national economy in the time ahead such as inflation, impacts of the soaring global energy prices and stock market volatility which requires supportive measures to stay stable. The President recognised the encouraging economic indices in the first five months of … [Read more...] about Legislators debate socio-economic development, state budget

Đỗ Xuân Lập, Chairman of the Việt Nam Timber and Forest Products Association. Photo laodong.vn Businesses are urgently preparing plans to be ready to respond if the US Department of Commerce investigates tax evasion with Vietnamese wooden cabinets. Pháp Luật Thành Phố Hồ Chí Minh (Hồ Chí Minh City Law Newspaper) interviews Đỗ Xuân Lập, Chairman of the Việt Nam Timber and Forest Products Association, about this issue. The US Department of Commerce recently said it had received an application to review the product scope and investigate tax evasion with imported kitchen and bathroom cabinets from Việt Nam. What is exactly the story here? This investigation was conducted because the American Kitchen Cabinet Alliance accused Vietnamese manufacturers and exporters of importing cabinets and cabinet parts from China (which is subject to a high level of defensive trade tax), and then fully assembling them in Việt Nam for export to the US. It is expected that after 30 days of … [Read more...] about Việt Nam seeks solutions to protect timber exports

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

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