A report delivered at the meeting stressed that thanks to the attention of the Central Military Commission, Ministry of National Defense, General Department of Political Affairs, General Staff, Ho Chi Minh Communist Youth Union Central Committee, party committees, chains-of-command, political agencies, and military scientific agencies at all levels, the youth union affairs and the youth movements in general and the young creative movements in the military in particular have comprehensively, strongly, and widely developed, and reaped outstanding results. In addition, military youths have always received the most favorable conditions to promote talent, intelligence, and vanguard role in doing science and technology. They have produced tens of thousands of creative ideas per year. The report emphasized that the Military Creative Youth Awards remains a typical movement that fosters military youths to create and devote. Over the past 21 years, the organizing panel has received 5,480 … [Read more...] about Creative military youths receive awards
General staff system
Dissemination of Vietnam Coast Guard Law reviewed
The event was chaired by Deputy Defense Minister Senior Lieutenant General Vo Minh Luong and attended by Deputy Chief of the General Staff and delegations from ministries, agencies, and localities. Reports delivered at the event affirmed that over the past three years, despite the complicated regional and international situation and impacts of the COVIV-19 pandemic, the project has been effectively carried out with the timely leadership and direction of central agencies and ministries and active and responsible participation of local Party committees and governments. Political Commissar of the Vietnam Coast Guard Command Major General Bui Quoc Oai affirmed that the project has helped raise the people’s awareness of the law, contributing to firmly protecting national sovereignty and orders at sea and on islands, developing local socio-economy, and protecting marine resources and environment. General Oai added that the project has encouraged fishermen to keep fishing at sea, thus … [Read more...] about Dissemination of Vietnam Coast Guard Law reviewed
Unresolved bad debt remains at high level
It is the information stated in the Government's report No.174/BC-CP sent to the NA to prepare for the third session. According to the report, in case Resolution No.42 cannot continue to be implemented, the volume of bad debts determined under Resolution No.42 that has not been resolved, including newly arisen bad debts, is expected to reach VND430 trillion ($18.6 billion) at the end of 2022 and VND443 trillion at the end of 2023. After handling a large number of bad debts in 2018 and 2019, the bad debt settlement speed in 2020 and 2021 tended to slow down due to the impact of the Covid-19 pandemic on the financial situation. Therefore, to continue to achieve the goal of handling and controlling the bad debt ratio of the system of credit institutions in the coming time is a big challenge for the banking industry, requiring the participation of the political system, the close coordination of ministries, agencies, and localities in implementing solutions on handling bad debts, … [Read more...] about Unresolved bad debt remains at high level
CPTPP helps leverage Vietnam-Australia investment cooperation
Illustrative image. (Photo: VNA) Vietnam and Australia are both members of at least three free trade agreements, namely ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), CPTPP and the Regional Economic Comprehensive Economic Partnership (RCEP). According to data of the General Statistics Office of Vietnam, last year, two-way trade between Vietnam and Australia hit US$12.4 billion for the first time, up more than 49 percent compared with that of 2020. The value of shipments to Australia reached more than US$4.45 billion, a year-on-year increase of 23 percent. Vietnam spent nearly US$8 billion in importing goods from Australia, up nearly 70 percent against 2020’s figure. Vietnam's exports to Australia are growing strongly, reaching US$1.38 billion in the first quarter of 2022, a surge of 32.36 percent against the same period last year. Sharp increases were seen in Vietnam’s export of various agricultural and industrial products to Australia, for example 84 percent in … [Read more...] about CPTPP helps leverage Vietnam-Australia investment cooperation
HCMC’s delegation concludes visit to Truong Sa archipelago, DK1 platform
The delegation visits Vietnam's sovereignty stele on the Truong Sa archipelago. The trip also saw the presence of Vice Chairwoman of the People’s Committee of HCMC Phan Thi Thang and Chairwoman of the Vietnam Fatherland Front of HCMC, To Thi Bich Chau. The delegation coordinated with local authorities and relevant units to support the construction of a multifunctional cultural house worth VND40 billion (US$1.7 million) on the Thuyen Chai B island, the repair work of a primary school and structures destroyed by the storm Rai in 2021 on the Song Tu Tay island in Khanh Hoa Province’s Truong Sa District. They also visited and offered gifts to local people and soldiers on the islands of Song Tu Tay, Da Nam, Sinh Ton, Co Lin, Nui Le B, Toc Tan A, Thuyen Chai B, Da Tay B, Truong Sa and DK1/8 platform. Vice Secretary of the Party Committee of HCMC Nguyen Ho Hai (C) presents gifts to soldiers on the Song Tu Tay island. Vice Secretary of the Party Committee of HCMC Nguyen Ho … [Read more...] about HCMC’s delegation concludes visit to Truong Sa archipelago, DK1 platform
Deputy Finance Minister Nguyen Duc Chi takes charge of SSC
Deputy Finance Minister Nguyen Duc Chi is assigned to directly take the charge of the State Securities Commission (SSC) from May 19. (Photo: SGGP) In a dispatch to the SSC, Minister Phoc stated that Deputy Minister Chi will manage the commission during the consideration and completion of personnel for the commission. Earlier on May 18, the Party Central Committee’s Inspection Commission announced the inspection conclusions and Party disciplinary measures on the SSC Party Committee in the 2015-2020 tenure and relevant individuals. Right after that, the Ministry of Finance directed the SSC, stock exchanges, the Vietnam Securities Depository and relevant agencies to review and implement measures to remedy the violations and shortcomings. Specifically, the ministry dismissed Tran Van Dung from the position of the Chairman of the SSC, while giving a warning to Vu Bang, former Secretary of the SSC Party Committee in the 2015-2020 tenure and former SSC Chairman. The Ministry of … [Read more...] about Deputy Finance Minister Nguyen Duc Chi takes charge of SSC
HCMC, Southern provinces boost linkage for tourism development
Dong Thap is famous for its lotus fields. According to the Institute for Tourism Development Research under the Vietnam National Administration of Tourism (VNAT), the Mekong Delta has a special and diversified ecosystem featuring different habitat types of the sea, islands, river gates, mangrove forest, islets, biosphere reserves, national parks, nature reserves, typical diversified natural resource, unique culture and history creating oriental multiple cultural identities of the region. Globalization and international integration have created a driving force for tourism development, a connection between the Mekong Delta region and HCMC along with areas across the country and nations. The tourism growth of the Mekong Delta and HCMC will affect the socioeconomic development of localities in the region. Moreover, tourism also provides chances to introduce cultural values, landscapes and Vietnamese people to international friends and offers cooperation opportunities among provinces … [Read more...] about HCMC, Southern provinces boost linkage for tourism development
Defense – Economic Unit 379 provides free health examination and medicines
Forty doctors and nurses of the participating units offered free medical examination, health counseling, and medicines for more than 660 local people. In addition, medical staff worked with the local health sector to disseminate information about healthy lifestyle among local people. Along with health check-ups, Defense-Economic Unit 379 presented 300 gifts, valued at VND 20 million, to policy families and needy households in its stationed area. These practical activities aimed to mark the 132nd birthday anniversary of President Ho Chi Minh and help local people stabilize their life, contributing to consolidating the people’s trust in the local authorities and firmly safeguarding political security in border areas. On the occasion, Defense-Economic Unit 379 opened a military-civilian medical examination and treatment area in Si Pha Phin commune, Nam Po district, Dien Bien province. Translated by Song Anh … [Read more...] about Defense – Economic Unit 379 provides free health examination and medicines
Vietnamese ‘blue berets’ plant trees in South Sudan
The activity was in celebration of the 132nd birth anniversary of President Ho Chi Minh (May 19, 1890 - 2022), towards the 8th founding anniversary of the Vietnam Department of Peacekeeping Operations (May 27, 2014 - 2022), and 47th founding anniversary of Military Hospital 175 (May 26, 1975 - 2022). The tree-planting activity attracted the participation of a lot of local people who first joined the event with curiosity and then with excitement after learning the significance of the event. Some actively asked for more trees to plant and take care of the trees themselves. This activity was meaningful to both improving the landscape of the place for medical examination and treatment and boosting the two hospitals’ bond. This also helped improve the quality of life of the hospital staff and make the arid land of Bentiu green. The tree-planting activity took place before the L2FH Rotation 3 left Bentiu for the homeland. Below are several photos of this significant activity. … [Read more...] about Vietnamese ‘blue berets’ plant trees in South Sudan
Vice State President meets with Army Corps 12 and Truong Son – Ho Chi Minh Trail Traditional Association
The meeting aimed to celebrate the 63rd anniversary of the Truong Son – Ho Chi Minh Trail and the Foundation Day of the Truong Son Army Corps (May 19, 1959-2022). At the working session, Senior Colonel Nguyen Huu Ngoc, Commander of Army Corps 12 shared that Army Corps 12 is the successor of Corps 559 – Truong Son soldiers. During the 16-year struggle against the U.S imperialists, Truong Son soldiers, together with volunteer youths and the front-line conscripted laborers, overcame numerous difficulties and hardships to build the legendary Truong Son Trail, contributing to liberating the South and unifying the nation. When peace was restored, Truong Son soldiers were responsible for economic missions. Since 1989, Army Corps 12 has been a State-owned enterprise, implementing economic-defense missions under the business name of Truong Son Construction Corporation. Amid the complicated developments of the COVID-19 pandemic in 2020 and 2021, the army corps fulfilled its assigned … [Read more...] about Vice State President meets with Army Corps 12 and Truong Son – Ho Chi Minh Trail Traditional Association