How gdp related to economic growth

It provided a forum for Vietnam and Germany to look back on what they have achieved over the last 10 years, identify opportunities and challenges in the coming time for both sides to deepen their strategic ties, and make policy recommendations on bilateral cooperation, thus contributing to the implementation of the Strategic Action Plan for the 2022 – 2023 period. In his opening remarks, Deputy Foreign Minister To Anh Dung said the establishment of the Vietnam-Germany Strategic Partnership marked a milestone in the two countries’ relations. After a decade, the two nations have made significant progress in many areas and there is still plenty of room for the bilateral ties to thrive further, he said. Economic cooperation has become a main pillar in the bilateral ties as Germany remains Vietnam’s top trade partner in the E.U. while Vietnam has evolved into Germany’s largest trade partner in Southeast Asia. They have also made various achievements in other major areas, such as …

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The public administrative centre of Yen Bai province (Photo: VNA) Hanoi (VNA) – The revenue to the state budget in the first 9 months of this year amounted to 1,084.7 trillion VND, representing 80.75 percent of the projection and an increase of 10.75 percent over the figure recorded in the same period last year, according to the Finance Ministry. Meanwhile, the expenditure from the state coffer was estimated at 116.3 trillion VND, with the fight against the COVID-19 pandemic being prioritised. By the end of September, 29.1 trillion VND from the state budget was spend on the fight and support to those adversely affected by the pandemic. Despite the serious impacts of the pandemic, the revenue still increased year on year thanks to the economic growth momentum in the last month of last year, the ministry said. For the rest of the year, the ministry will continue accelerating administrative procedure reforms on taxation, simplifying business conditions, and joining …

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Revenue to state budget increases over 10 percent The revenue to the state budget in the first 9 months of this year amounted to 1,084.7 trillion VND, representing 80.75 percent of the projection and an increase of 10.75 percent over the figure recorded in the same period last year, according to the Finance Ministry. Meanwhile, the expenditure from the state coffer was estimated at 116.3 trillion VND, with the fight against the COVID-19 pandemic being prioritised. By the end of September, 29.1 trillion VND from the state budget was spend on the fight and support to those adversely affected by the pandemic. Despite the serious impacts of the pandemic, the revenue still increased year on year thanks to the economic growth momentum in the last month of last year, the ministry said. For the rest of the year, the ministry will continue accelerating administrative procedure reforms on taxation, simplifying business conditions, and joining other forces in fighting …

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Vietnamese Party chief Nguyen Phu Trong addresses measures to enhance friendship and cooperation between China and Vietnam during his ongoing official visit to Beijing from January 12 to 15. General Secretary Trong spoke with General Secretary of the Communist Party of China and Chinese President Xi Jinping following his arrival in Beijing on Thursday evening, the Vietnam News Agency reported. President Xi warmly welcomed the Vietnamese Party chief on the latter’s first China visit since the 12th Party Congress, saying the visit is a crucial step in deepening the Vietnam-China relationship. The Chinese leader stated that his country attaches significant importance to its ties with Vietnam and underlined its willingness to work with the Vietnamese Party, State, and people to strengthen the two nations’ bilateral cooperation and comprehensive strategic cooperative partnership. Replying to his host, General Secretary Trong affirmed that Vietnam has always respected its …

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Access to low-cost technology was the topic of a discussion session of the ITU Ministerial Roundtable that took place on October 12-14. While 4G and 5G are gradually becoming more popular, nearly 50% of the global population has not yet had access to the Internet. It is not easy for all countries to perform digital transformation because of the difference in access to the Internet and technology. Access to low-cost technology was the topic of a discussion session of the ITU Ministerial Roundtable that took place on October 12-14, within the framework of the ITU Digital World hosted by Vietnam. ICT Ministers and many experts of ITU member countries discussed the issue of setting appropriate costs to help accelerate digital transformation and the role of governments in removing barriers to Internet access digital transformation. According to ITU’s data, more than 90% of the urban population and more than 70% of the rural population in the world have been covered …

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Mounting challenges Reports by Hanoi's departments, sectors and associations on about 1,500 businesses in the city showed that the Covid-19 pandemic has severely affected production and business activities, especially disrupting supply chains and spilling over from processing and manufacturing of industrial products to services like banking, insurance, and logistics. Enterprises have encountered other difficulties in terms of supply sources, high production costs and other costs related to Covid-19 prevention and control. Hanoi’s enterprises face many difficulties and challenges Data from the Hanoi Statistical Office show that in the first eight months of 2021, more than 2,000 enterprises were dissolved, 9,300 enterprises registered to suspend operations, and 7,400 enterprises resumed operations. Meanwhile, according to the Hanoi Taxation Office, as of August 26, nearly 3,150 business households had submitted requests for support due to impacts of the pandemic in …

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With the rapid growth of the film industry with movies gaining high revenue in recent years, companies now cherish the ambitious plan to enter the world market. Thien than ho menh (Guardian Angel) is screened in many countries The Lat mat (Face Off) series directed by Ly Hai was screened in the US, Australia and Canada in 2019. And Hai Phuong (Furie) by Ngo Thanh Van has had the highest revenue, $2 million, or VND50 billion, in the international market so far. Bo gia (Dad, I’m Sorry) hit screens in Singapore and Malaysia on April 22 and in the US on May 28. According to Deadline, the work brought turnover of $820,000, or VND20 billion, just after two weeks. The figure is expected to increase rapidly as showings have been extended, and will be screened at 45 theaters in the time to come. This is an impressive achievement for a Vietnamese-made film in the world’s leading box office, especially amid Covid-19. As for other films, though they lack outstanding revenue in the …

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The event was co-hosted by the Moscow State Institute of International Relations (MGIMO)’s ASEAN Center and the Russian Ministry of Foreign Affairs. In an opening remark delivered virtually, Russian Deputy Minister of Foreign Affairs Ivan Morgulov said expanding cooperation with ASEAN remains one of Russia’s priorities in Asia-Pacific, contributing to the regional stability and sustainable development. Vietnamese Ambassador to Russia Dang Minh Khoi, for his part, said in the ever-changing geopolitical context, more than ever Russia and ASEAN need to cooperate closely for the common interest. They must together maintain peace, security and stability; foster socio-economic development; and strengthen open and inclusive regional architecture and win-win partnership with ASEAN at the center, he said. The diplomat stressed that as an active and responsible ASEAN member and Russia’s comprehensive strategic partner, Vietnam always supports the European country to reinforce ties with …

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At the talks, Nguyen Van Nen, Secretary of the HCM City Party Committee, said the MoU helps identify the centers of the sides’ cooperation in the time to come. HCM City will offer more scholarships and vocational training for personnel and people from Vientiane studying in the city, he said, adding that assistance for the Lao city in e-government building and trade-investment promotion will also continue. Nen stated HCM City will do its best to foster its friendship with Vientiane in contribution to protecting the Vietnam – Laos special relations as well as developing the city’s ties with Lao localities. For his part, Anouphap Tounalom, Secretary of the Vientiane Party Committee and Chairman of the Vientiane People's Council, said the talks contribute to strengthening the special solidarity and comprehensive cooperation between the two parties, states and people in general and between the two cities in particular. He appreciated HCM City’s support for Vientiane to combat the …

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Deputy Foreign Minister of Russia Igor Morgulov. (Photo: AFP/VNA) Moscow (VNA) – Deputy Foreign Minister of Russia Igor Morgulov and the Ambassadors of the Association of Southeast Asian Nations in Moscow have discussed the promotion of cooperation betwen the across the board, including a possibility of elevating the two sides’ relations to a strategic partnership. The discussion focused on measures to further the cooperation in politics, security, economics and culture, the Ministry of Foreign Affairs of Russia said on March 29. The two sides also exchanges views on current regional and international issues, with the Russian official stressing the need to step up coordination to reinforce the regional security architecture and connect integration processes in Asia, Europe and Southeast Asia.-VNA VNA …

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