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During the talk, Foreign Minister Bui Thanh Son and E.U. High Representative Josep Borrell agreed to push up the bilateral cooperation between Vietnam and the E.U. on par with their potential and better meet the joint interests of both sides. Meanwhile, they consented to deepen the ASEAN – E.U. cooperation, and expand collaboration in various fields of energy, climate change adaptation, green transition, digital economy, and infrastructure. Also, the two sides exchanged views on international and regional issues of shared concern. The E.U. High Representative took note of Vietnam’s request to soon remove the European Commission’s “yellow card” on Vietnamese seafood exports for illegal, unreported and unregulated (IUU) fishing, and push for E.U. member countries to soon ratify the E.U.-Vietnam Investment Protection Agreement (EVIPA). On the same day, the Vietnamese diplomat had a phone talk with Hungarian Minister of Foreign Affairs and Trade Péter Szijiártó. During the talk, … [Read more...] about Vietnam bolsters cooperation with E.U. and Hungary

Deputy Minister of Finance Nguyen Duc 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 Viet Nam Securities Depository. Deputy Minister of Finance Nguyen Duc 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 process of performing their duties. … [Read more...] about Different plans to be prepared for safe and effective operation of the securities market

Illustrative image. (Photo: VNA) Localities in the region have also organized investment promotion workshops to popularize Vietnam’s investment environment and its advantages and potential. In mid-May, Pandora, a Danish jewelry manufacturer, announced that it will invest US$100 million to build a new facility in the Vietnam Singapore Industrial Park (VSIP) in the southern province of Binh Duong under a memorandum of understanding signed between two sides. Jeerasage Puranasamriddhi, Chief Supply Officer of Pandora group, said they have chosen Binh Duong province for the availability of skilled workforce, its infrastructure and proximity to international airports, adding that the enthusiasm, support and strong commitment the group receives from the local administration was also a reason. According to the provincial People’s Committee, in the first four months of this year, Binh Duong attracted a total of $2.35 billion in 16 new projects, nine existing ones, and from the … [Read more...] about Key southern economic region a magnet for FDI

Border gates are sked to be strictly controlled to prevent monkeypox outbreak. Minister of Health Nguyen Thanh Long asked local healthcare facilities to coordinate with the Institutes of Hygiene and Epidemiology and Pasteur Institute to diagnose monkeypox cases and strengthen prevention and control measures of monkeypox. The World Health Organization (WHO) has confirmed a rise in monkeypox cases in several countries. The first case of monkeypox was reported in the UK on May 13. At least 92 monkeypox virus cases have been confirmed in countries, including the US, the UK, Germany, Spain, Portugal, France, Italy, Sweden and others. No deaths have been reported; about 28 cases in these countries are potential cases. One of the Monkeypox symptoms and signs is skin rash. WHO said that the identification of confirmed and suspected cases of monkeypox with no direct travel links to an endemic area "represents a highly unusual event". Genome sequence from samples of … [Read more...] about Border gates asked to be strictly controlled to prevent monkeypox outbreak

Some localities have recently proposed not receiving vaccines or transfer the allocated vaccines, leading to the fact that the COVID-19 vaccination target is likely to be missed, the ministry said, citing a report from the National Institute of Hygiene and Epidemiology (NIHE). As of May 21, more than 219 million doses of COVID-19 vaccines have been administered nationwide. Localities have made great efforts in rolling out vaccination campaigns to ensure its safety and effectiveness and achieve a high vaccination rate. The number of vaccines received by the MoH is enough to give the 3rd and 4th shots for people aged 18 years and older who are eligible for vaccination, it said. The ministry proposed leaders of the provinces and cities direct the Departments of Health and related agencies to promptly review the number of people who are eligible for COVID-19 vaccination, focusing on completing the injection of third shots for people 18 years old or older in the second quarter of … [Read more...] about Localities urged to step up vaccination against COVID-19

Indonesian Minister of Trade, Muhammad Lutfi (R) shakes hands with Japanese Minister of Economy, Trade and Industry Hagiuda Koichi after a meeting in Thailand (Photo: Indonesian Ministry of Trade) Jakarta (VNA) – Indonesia appreciated Japan 's desire to discuss the 'Asia Japan Investing for Future Initiative', Indonesian Minister of Trade Muhammad Lutfi said during his recent meeting with Japanese Minister of Economy, Trade and Industry Hagiuda Koichi. Lutfi said Indonesia welcomed the discussion to prepare this initiative for the benefit of the region. He revealed that there are at least three things that are of concern to Indonesia regarding this initiative. These things are related to the expected results, funding mechanisms, and the planned implementation time. The Indonesian minister also appreciated Japan's support for this year's G20 Presidency, hoping that the support will help G20 member countries generate useful achievements and priority agendas. … [Read more...] about Indonesia, Japan discuss regional economic development

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

A student is vaccinated against Covid-19. (Photo: VNA) Some localities have recently proposed not receiving vaccines or transfer the allocated vaccines, leading to the fact that the Covid-19 vaccination target is likely to be missed, the ministry said, citing a report from the National Institute of Hygiene and Epidemiology (NIHE). As of May 21, more than 219 million doses of Covid-19 vaccines have been administered nationwide. Localities have made great efforts in rolling out vaccination campaigns to ensure its safety and effectiveness and achieve a high vaccination rate. The number of vaccines received by the MoH is enough to give the 3rd and 4th shots for people aged 18 years and older who are eligible for vaccination, it said. The ministry proposed leaders of the provinces and cities direct the Departments of Health and related agencies to promptly review the number of people who are eligible for Covid-19 vaccination, focusing on completing the injection of third shots … [Read more...] about Localities urged to step up vaccination against Covid-19

The market was dominated in green and purple, with about 800 stocks increasing thanks to significantly improved liquidity. Among these, securities and banking stocks rebounded strongly, such as STB with 4.6 percent, TCB with 3.55 percent, VPB with 5 percent, HDB with 4.27 percent, MBB with 4.47 percent, VCI with 6.12 percent, HCM with 5.26 percent, VCB with 1.9 percent, and BIDV with 3.5 percent, contributed greatly to the rising momentum of the benchmark. These groups of stocks rallied robustly, spreading the upward trend to the whole market. The stock group with the second-largest market capitalization - real estate and construction - also made strong breakthroughs. Specifically, CEO, CTD, and SCR hit the ceiling price; DXG rose by 4 percent; HDG advanced by 4.9 percent; C4G emerged by 5.8 percent. Besides, many other stocks, including FPT, PNJ, SZC, and PVD, also soared by the daily limit, sending the VN-Index up by nearly 36 points. In addition, steel stocks also made a U-turn, … [Read more...] about VN-Index climbs by nearly 36 points as cash flow returns

The projects invested by the ministry include the transport project connecting mountainous Northern provinces, the Tan Van - Nhon Trach section of Ho Chi Minh City's Ring Road No. 3 project, the construction of Dien Chau-Bai Vot section of the North-South expressway, My Thuan – Can Tho Expressway, construction of the Interconnecting Road to National. Highway No 91 and Long Xuyen City bypass, the subproject on upgrading and renovating National Highway 279B, construction of the National Roads of 21B and 15, and the project to upgrade the runways at Tan Son Nhat International Airport. The Ministry of Transport has disbursed VND15,080 billion (US$650 million), reaching 34.9 percent of the plan. The ministry has allocated VND45,343 billion (US$1.95 billion) for a public investment plan in 2022 to investors, achieving 90 percent of the Prime Minister’s plan. The remaining capital will be given when subprojects of the North-South expressway project in the 2021-2025 period are … [Read more...] about Transport Ministry announces projects with slow disbursement