Deputy prime minister le minh khai

Vietnam was the 8th largest trade partner and the largest ASEAN exporter of the US in 2022. (Photo: VNA) Hanoi (VNA) – The current trends in economic and trade cooperation between Vietnam and the US guarantee big growth in two-way trade and investment in next 10 years and warrant upgrading the partnership to a strategic level, said Ted Osius , President and CEO of the US - ASEAN Business Council ( USABC ). In an interview granted to the Vietnam News Agency ahead of the 10th anniversary of the two countries’ comprehensive partnership (July 2013 - 2023), the former US Ambassador to Vietnam said trade and investment play a big role in this relationship. The US is Vietnam’s second largest trading partner and biggest export destination. In 2022, bilateral trade reached a record high of 138.9 billion USD. Vietnam was the 8th largest trade partner and the largest ASEAN exporter of the US. The US was the biggest export market of Vietnam last year. Vietnam’s annual export to … [Read more...] about Current trends guarantee big growth in Vietnam – US trade, investment: USABC leader

The 15th edition was part of the emulation program of the military youths in general and of the VMMU youth in particular in celebration of the 133rd birthday anniversary of President Ho Chi Minh (May 19, 1890 - 2023), and towards 75 years since President Ho Chi Minh issued a call for patriotic emulation (June 11, 1948 - 2023). Addressing the event, Senior Colonel Doan Van Mau, Deputy Political Director of the VMMU, stressed that over the past time, the university’s Party Committee and Board of Directors have actively directed the establishment of a steering board on voluntary blood donation with Youth Union members and youths as the core of the blood donation program. The steering board has proactively disseminated information to the university’s cadres, Youth Union members and youths to raise their awareness of the noble significance of the voluntary blood donation activities, promote their sharing and stay ready to donate blood to save lives. The school’s official emphasized that … [Read more...] about “Red Sunday” program collects over 450 blood units

The National Assembly (NA) will discuss the VAT reduction from the existing 10 per cent rate to 8 per cent on June 1 before receiving an approval from NA deputies in a resolution slated for June 24, the last day of the ongoing fifth session. The VAT cut proposed by the government is set to be applied from July 1 to the end of 2023 for all types of goods and services currently subject to a 10 per cent VAT rate. The initiative is part of Resolution No.43/2022/QH15 released early last year on fiscal and monetary policies supporting the Programme on Socioeconomic Recovery and Development. Consumers of many types can benefit from VAT cuts, photo Le Toan Under Resolution 43, the 2 per cent cut was applied last year for goods and services subject to a 10 per cent rate, except for various goods and services such as telecommunications, IT, financial and banking activities, securities and insurance, trading of real estate, metal and precast metal products, mining products … [Read more...] about Support to continue in form of VAT cut

At the signing ceremony (Photo: VNA) HCM City, (VNA) – The Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City and Cadence Design Systems , a multinational computational software company of the US, on May 30 signed a memorandum of understanding on cooperation in developing electronic design manpower and promoting the semiconductor industry in Vietnam. Under this partnership, Cadence, a world leading company in electronic design, can provide integrated circuit (IC) design software tools and related training programmes for universities in HCM City via its academic network. Nguyen Anh Thi, head of the SHTP management board, said the cooperation with Cadence will give local students a chance to access the latest technologies and methodologies in IC and system design, and acquire practical experience that will help them succeed in the high-tech industry. It will also help strengthen the capability of the SHTP Chip Design Centre, thus contributing to the local semiconductor … [Read more...] about Saigon Hi-Tech Park partners with US firm to improve IC design capability