Because of fast changes in the region and the world, the two sides need to further tighten their cooperation in the field of national defense and security so that they can contribute to economic development in each country while strongly promoting the development of the Vietnam - Russia comprehensive strategic partnership and actively contributing to peace, stability and sustainable development in Asia-Pacific and the world, the President said. With respect to Russia-ASEAN relations, President Sang confirmed that ASEAN always wants to promote and expand relations with other partners, including Russia, on the basis of friendship and equality in the interest of peace, stability and common prosperity. In reality, he noted, the ASEAN-Russian relationship has developed well in security, politics, economics, culture and development cooperation. President Putin's upcoming visit to Vietnam has a special significance towards bilateral relations, President Sang said, considering it a catalyst to … [Read more...] about Putin’s visit to take Vietnam-Russia ties to new height
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Soc Trang: Poverty rate plunges to 2.66 pct. in five years
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
Trade ministry proposes exporting 1.5 million tons of coal
Piles of coal dust at a mining site in northern Vietnam. The Ministry of Industry and Trade has written to the prime minister proposing exporting over 1.5 million tons of coal – PHOTO: VNA HCMC – The Ministry of Industry and Trade has written to the prime minister proposing allowing the Vietnam National Coal and Mineral Industries Group (TKV) and Dong Bac Corporation to export over 1.5 million tons of coal. … [Read more...] about Trade ministry proposes exporting 1.5 million tons of coal
GDP growth to reach 5.49 pct. in normal scenario in 2021: Economics Institute
Ly Dai Hung from the institute’s Macro-economy and Economic Institution Division said that the world situation is showing positive signs, as COVID-19 vaccines have begun to be introduced in countries such as India, Indonesia, and Switzerland and will be expanded to others throughout the year. The world economy will warm up along with the implementation of various economic support packages, thus promoting Vietnam’s trade and investment activities, he said. Delegates from research institutes discussed measures at the conference to boost post-pandemic economic growth based on innovation and digital transformation. They stressed the importance of renewing policies and institutions to encourage the engagement of the private sector in the process. It is also necessary to quickly carry out a digital transformation strategy in line with new economic stimulus packages, they added./. … [Read more...] about GDP growth to reach 5.49 pct. in normal scenario in 2021: Economics Institute
Stocks drop sharply after a bull run
The benchmark VN-Index of the Hochiminh Stock Exchange lost 60.94 points, or 5.11%, against the session earlier to close the day at 1,131 points. The number of declining stocks was nearly 10 times higher than that of gainers, with 437 decliners, including 112 stocks dropping to the floor prices, and only 44 gainers. … [Read more...] about Stocks drop sharply after a bull run