>> Russia-Vietnam: Together to New Cooperation Goals >> 15 cooperation deals to be signed during Putin’s Vietnam visit President Sang made the statement in an interview with the Russian News Agency Itar Tass on the third visit to Vietnam by President Putin on Tuesday. The Vietnam-Russia Strategic Partnership was established in 2001 and then upgraded into the comprehensive strategic partnership in 2012, Sang said, adding that the firm foundation has enabled bilateral relations between the two countries to improve in both scope and scale. As regards trade, Sang suggested that the two sides exert further efforts to negotiate and have an early signing of the Free Trade Agreement (FTA) between Vietnam and the Customs Union of Russia, Belarus and Kazakhstan. Two-way trade keeps increasing, with US$2.5 billion in 2012 and $1.8 billion in the first eight months of this year, but it remains at a modest level, accounting for a small portion in the total import-export turnover … [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
Accidents relating to home-made firecracker on the rise
Doctor Hoàng Cương from the Central Eye Hospital said buying, selling, storing and using firecrackers is illegal. However, with the existence of the smuggled firecrackers from other countries and home-made firecrackers, accidents still occur. … [Read more...] about Accidents relating to home-made firecracker on the rise
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
Vietnam aims to earn 14.5 billion USD from forestry exports
Hanoi (VNA) - Forest product exports are expected to reel in 14.5 billion USD this year, up 12 percent against 2020, an official has said. Deputy Minister of Agriculture and Rural Development Ha Cong Tuan unveiled the target in an interview with the Lao Dong (Labour) newspaper on the growth of the forestry sector over the next five years. Export value is set to reach 20 billion USD in 2025. During the five-year period, he said, the sector will work to sustain the forest coverage rate at 42 percent, expand distribution markets, develop long-term trade partnerships, and promptly address trade issues for mutual benefits in line with international commitments. The minister also touched on a number of positive outcomes made by the sector last year despite COVID-19. Vietnam exported forest products worth over 13.22 billion USD, up 16.9 percent against the previous year, and 5.7 percent higher than the annual target. The country now ranks fifth globally, second in Asia, and first in … [Read more...] about Vietnam aims to earn 14.5 billion USD from forestry exports