The country is forecast to be the second-fastest growing economy in Asia-Pacific this year. Vietnam would continue to prioritize macroeconomic stability and containing inflation in anticipation of greater challenges from both domestic and international fronts in 2023. Prime Minister Pham Minh Chinh at the meeting. Photos: VGP Prime Minister Pham Minh Chinh gave the remarks during a monthly Government meeting today [February 2]. According to Chinh, Vietnam’s socioeconomic performance in January has been positive with strong results in all fields and sectors, especially in industries, agriculture, and tourism. The World Bank in its latest global economic outlook report forecast Vietnam’s GDP in 2023 at 6.3% year on year, down 0.2% from the previous assessment, but still the second highest in Asia-Pacific. In addition to economic development, the authorities have taken measures to ensure social welfare and provided financial support for 25 million eligible … [Read more...] about Vietnam prioritizes macroeconomic stability in 2023: PM
Expanded public works programme
Macro-economic stability, inflation control continue to be priority: Prime Minister
Chairing the Government’s monthly teleconference with localities on February 2, PM Pham Minh Chinh requested keeping a close watch on the domestic and foreign market situation. He asked for extensive monitoring of product price and inflation to enable a quick response to the current situation. He also requested timely forecasts and risk warnings while adopting a sound, flexible and effective monetary policy in close and synchronous combination with monetary, fiscal and other policies. The PM also requested that associated ministries ensure the liquidity and safety of credit organizations, gearing credit into production and trade, priority areas and growth pillars. Another important topic is stepping up cashless payment, while tackling difficulties for real estate market, prioritizing capital for transparent and effective enterprises, and enhancing social investment attraction and public-private partnership. Localities need to take initiative for the disbursement of public … [Read more...] about Macro-economic stability, inflation control continue to be priority: Prime Minister
South African party leader impressed by Vietnam’s achievements
Party General Secretary Nguyen Phu Trong addresses the closing ceremony of the sixth session of the 13th Party Central Committee. (Photo: VNA) Pretoria (VNA) – General Secretary of the South African Communist Party (SACP) Solly Mapaila has expressed his impression at the achievements that Vietnam has gained under the leadership of the Communist Party of Vietnam (CPV). Talking to Vietnam News Agency (VNA) in Pretoria, Mapaila highlighted that Vietnam won the victory in the struggle for independence, putting an end to all forms of exploitation as well as hunger and poverty, and building a country of happiness and development. Vietnam has affirmed its position in the world arena, he noted, adding that at many major international forums such as the United Nations, Vietnam has gained an important position and expanded cooperation at the government level with many countries, while showing its role and progressive standpoints in international relations. Regarding the relationship … [Read more...] about South African party leader impressed by Vietnam’s achievements
Vietnam publishes book on Communist Party chief’s anti-corruption
The book shows the Party Chief’s comprehensive direction in the graft fight drawn from practice and foresight on issues of Party building, anti-corruption, and the country’s development. Vietnam today [February 2] introduced the launch of a 600-book on the corruption fight by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong. The book on Anti-corruption was written by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong. Photo: NLD Titled “Persistently determined to prevent and fight against corruption and negative phenomena, contributing to building an increasingly transparent and strong Party and State”, the book summarizes the anti-corruption direction of the General Secretary, who is also head of the Central Steering Committee on Anti-corruption. The book, published by the National Political Publishing House, will be released in print and online. The online version is available for free on stbook.vn . … [Read more...] about Vietnam publishes book on Communist Party chief’s anti-corruption
PwC Vietnam appoints Mai Viet Hung Tran as general director
Tran is currently the assurance leader for PwC Vietnam, a role he has played since 2019. He has over 26 years experience in auditing, accounting and management through construction and real estate, manufacturing and services, hospitality as well as the entire sale and retail industry. Mai Viet Hung Tran Tran’s core expertise lies in assurance, International Financial Reporting Standards and Vietnamese Accounting Standards. Under his leadership, the assurance practice has grown significantly and built up a portfolio of audit clients, including many local companies and multinational corporations. "We are pleased to announce Tran’s appointment and are confident that under his leadership, the firm will continue to grow and deliver on our client and people's expectations. It has been a fulfilling experience leading the firm since 2011, growing our multidisciplinary practice, developing new capabilities and most importantly, driving efforts to make PwC a better place to work … [Read more...] about PwC Vietnam appoints Mai Viet Hung Tran as general director
Prime Minister chairs Government’s monthly law-building meeting
The proposals suggested amending and supplementing some articles of the law on the guard force, and revising the Employment Law and the draft Law on Water Resources. The meeting also looked into proposals on the Government’s law and ordinance building program in 2024, adjustments to the 2023 Law and Ordinance Building Program, and the building of a national database center, among others. The participants shared their view on the need to issue such laws as well as their compatibility with other legal documents and international practice. PM Pham Minh Chinh asked ministries that submitted the proposals to seriously consider opinions raised by Cabinet members, and complete the proposals, noting that feedback from experts, scientists, activists and affected individuals should continue to be collected during the building and perfection of laws and institutions. The leader also emphasized the communication work before and during the law building, and after the issuance to create … [Read more...] about Prime Minister chairs Government’s monthly law-building meeting