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Le Thanh Tam, Director of the municipal Department of Planning and Investment, said the growth rate is the second highest among the five centrally-run cities in the country. Specifically, the agro-forestry-fishery sector expanded by 3.28%, industry-construction 11.8% and services 7.62%, contributing 0.4%, 3.56% and 3.95% to the overall growth rate, respectively. The Index of Industrial Production picked up 12.86% year-on-year, while the export turnover of goods and services top 1.1 billion USD, up 15.16%. Total revenues from retails and services were estimated at 55.5 trillion VND (2.39 billion USD), an increase of 21.09%. However, the low disbursement of public investment has affected the growth of some sectors, such as construction with a growth rate of 4.88%. The director said the planning and investment sector will work closely with other sectors to implement tasks to promote economic recovery and development in the remaining months of the year. He said if set plans and … [Read more...] about Can Tho posts three-year high economic growth

Peter Bernhardt, team leader of the ARISE+ Vietnam project Since coming into force in August 2021, the EU - Vietnam Free Trade Agreement (EVFTA) has become an effective tool for boosting trade ties between the EU and Vietnam. What should Vietnam pay attention to in order to benefit more from this deal? I agree that the overall picture of EVFTA performance in this starting period, where exporters and government authorities from both sides have to adapt to the new situation, looks definitely promising. The EVFTA is the most ambitious FTA that the EU has ever signed with a developing country. The deal will mutually lift about 99 per cent of the tariffs within 10 years. Duty was lifted from 65 per cent of EU exports to Vietnam and 71 per cent of Vietnamese exports to the EU, immediately after the EVFTA came into effect. As most Vietnamese exporting products are consumer products, the real challenge Vietnam exporters will face to comply with EU consumer protection regulations is … [Read more...] about EU supporting comprehensive implementation of the EVFTA

Mr. Phan Van Mai, Chairman of the HCMC People's Committee (R)  talks with investors. (Photo: SGGP) At the conference, Mr. Phan Van Mai, Chairman of the HCMC People's Committee, said that the city wants to listen to the opinions of investors, including their proposals, for authorities to prepare the legal frameworks, orientations, and conditions for enterprises to develop in the future. “Besides attracting new investments, we also need to restructure existing ones. The city is responsible for creating the space, legal framework, and conditions to support enterprises to increase the value of projects," Mr. Phan Van Mai emphasized. Since its establishment in 2002, SHTP Management Board has granted investment registration certificates to 163 projects, with a total investment capital of over US$12 billion. Of which, FDI capital is over $10.1 billion, and domestic capital is over $1.96 billion. The accumulated total value of high-tech production of the SHTP is estimated at $120.307 … [Read more...] about HCMC pledges to facilitate enterprises to increase value in SHTP

Hue said that the Vietnamese N.A. high-ranking delegation's ongoing official visit to Hungary aims to further promote and deepen the comprehensive partnership between the two countries and cooperation between the two parliaments in particular, opening up new prospects in bilateral relations as well as stronger coordination between the two countries at regional and international forums amid complicated global developments. Highlighting the traditional friendship and all-round partnership between the two countries over the past 70 years, the top legislator clarified that Vietnam always treasures and hopes to further bolster multifaceted ties with Hungary – the first comprehensive partner of Vietnam in Central and Eastern Europe. For his part, László reviewed major milestones of the Hungary-Vietnam Friendship Association’s development since it was established in 1989, and highlighted a number of activities that the association has carried out recently and its plans to promote the … [Read more...] about N.A. Chairman receives Hungary-Vietnam Friendship Association’s leaders

The Engineering Company Rotation 1 has set two road rescue and maintenance teams to ensure traffic flows and conduct road rescue and maintenance missions. In addition, the unit has also deployed forces to continue building a repair and maintenance station for vehicles and equipment that the first group of the company received in May this year. The construction is expected to be completed and put into operation in June. Apart from their main task, the Engineering Company Rotation 1 has quickly arranged and stabilized its barracks in Highway, three kilometers from the headquarters of UNISFA. The Highway barracks is the former garrison area of a infantry battalion of Ethiopia. It was built nearly 10 years ago and is degrading gradually. In order to soon ensure accommodations for all members, the unit has quickly repaired and reinforced the main garrison area. After surveying the scenario, the chain-of-command of the company built a concrete plan to repair barracks, fix roofs, pave … [Read more...] about Vietnam’s Engineering Company Rotation 1 begins missions in Abyei

The visit will be made at the invitation of Lord Speaker of the House of Lords John McFall and Speaker of the House of Commons Lindsay Hoyle. The parliaments of Vietnam and the U.K. have recorded cooperation strides in the recent past. They have maintained delegation exchanges at all levels, including the visits by Vietnam’s N.A. Chairman Nong Duc Manh in 1994, Nguyen Van An in March 2005 and Nguyen Sinh Hung in December 2011, and the trip by Deputy Speaker of the U.K. House of Commons Eleanor Laing in October 2016. The two sides have also frequently held mutual visits between their parliaments’ committees, and by the British All-Party Parliamentary Group (APPG) for Vietnam and the Vietnam - U.K. Parliamentary Friendship Group. Most recently, an N.A. delegation led by Chairman of the Committee for Science, Technology and the Environment Le Quang Huy attended the Inter-Parliamentary Union (IPU)’s pre-COP26 parliamentary meeting and met with the head of the British parliamentary … [Read more...] about Official visit by N.A. leader to reinforce Vietnam – U.K. parliamentary ties

Delighted with fine development of the two countries’ relations, particularly in Southern Vietnamese localities, Bus affirmed that Hungary always wants to boost collaboration with Vietnam and become Vietnam’s leading partner in Central Europe. Hungary seriously hopes to make contributions to Ho Chi Minh City’s smart urban building and development, he said. He asked municipal leaders to create favorable conditions for Hungarian enterprises to seek investment opportunities in the city in the fields of education, urban infrastructure, wastewater treatment, and supply of high-quality farm produce. He also pledged to facilitate the construction of the Can Tho Tumor Hospital so that it can be put into operation soon to serve health care in the Mekong Delta region and reduce overloads of Ho Chi Minh City’s hospitals. Source: VNA … [Read more...] about Ho Chi Minh City, Hungary seek to realize cooperative agreements

The ministry said it is collecting opinions from other ministries and departments on a draft report on measures to combat Covid-19 in the "new normal" situation for submission to the government. The latest assessment comes more than two months after the PM had asked the health ministry to work on declaring Covid-19 an endemic. The ministry said that from March until now, the number of new Covid-19 cases and deaths has "stably decreased," and the number officially registered with the national database has stayed at fewer than 1,000 cases each day in recent times while the death rate has fallen to 0.06 percent of the total number of infections. Vietnam has covered almost 80 percent of its 96-million population with two vaccine doses; and the group of those from five years old are to receive the second doses within June. Despite this, the ministry said it was not the right time for Vietnam to consider Covid-19 endemic because the novel coronavirus is constantly changing and it is … [Read more...] about Not time yet to declare end of Covid-19: health ministry

They "will have the opportunity to engage over the course of the next few weeks," National Security Advisor Jake Sullivan said. A new call between the leaders of the world's two biggest economies has been long expected amid tensions over trade, China's sabre rattling around Taiwan, and pressure on Beijing not to help Russia get around Western sanctions over the Ukraine invasion. A week ago, Biden said he planned on "having a conversation with President Xi." "We haven't set a time yet," he said, while a few days earlier he'd said the call could be "soon". The last video conference between the two leaders was on March 18, when Biden warned Xi against assisting Russia in its invasion of Ukraine. A key item in the next discussion will be Biden's possible decision to lift some of the trade tariffs imposed under Donald Trump, with billions of dollars of Chinese imports facing 25 percent duties. The penalties were aimed at punishing what the United States says are China's … [Read more...] about Biden, Xi to contact each other in ‘next few weeks’: US official

On June 17 Andros Asia hosted a partnership conference in Tien Giang Province, an event that aimed to promote the development of a sustainable fruit network by the company, local farmers and authorities and fruit suppliers. At the conference, farmers and suppliers were provided with knowledge of Andros Asia's processes from selecting fruits and processing them into premium products that are to be exported to demanding markets such as the U.S., EU and Japan. The partnership conference also marked Andros Asia's fifth anniversary in Vietnam and the grand opening of the Go Cong cold storage. Local farmers in talks with Andros Asia for potential cooperation at the partnership conference in Tien Giang Province. Photo by Andros Asia Experts from Andros Asia also shared with local farmers the development itinerary for raw material regions, including planning agri-engineering, obtaining the Global G.A.P certificate, enhancing fruit output, and collaborating with local … [Read more...] about Partnering with local farmers key strategy of French firm in Vietnam