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The Hanoitimes - The working programs aim at building the capital into a comprehensively developed city ensuring welfare for the residents. Members of the Hanoi Party Committee have discussed about ten working programs, which will be carried out this year to ensure the city's socio-economic development amid the Covid-19 pandemic. Leaders of the Hanoi Party Committee attend a meeting on March 5. Photo: kinhtedothi The programs target to build the municipal Party Committee and administration into apparatuses with stronger leadership capacity, high combat strength and a clean, strong and exemplary political system, as well as to quickly and sustainably build the capital city into a green, smart and modern urban area with high competitiveness in the country and the region. It also aims at concentrating on improving cultural development and human resources, and maintaining the elegant style of Hanoians, boosting the development of science and technology and creativeness as well as improving social welfare and living standards of local residents. At a meeting on March 6 in Hanoi, the Standing Board of the Hanoi Party Committee agreed on the basis of reviewing the draft before submitting them to the municipal Party Executive Committee for consideration and approval at the conference scheduled to take place on March 10. The board will hand over the draft documents to delegates for studying in advance so that they can better contribute to the discussions at the conference. …

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The Hanoitimes - The programs are expected to double the city's gross regional domestic product (GRDP) per capita from the current US$5,200 by 2025. The Hanoi Party Committee is implementing 10 programs which are seen as driving forces for the city’s comprehensive development in the next five years. Hanoi Party Commiteee's Secretary Vuong Dinh Hue. Photo: Kinhtedothi The programs are expected to raise the Hanoi’s connection and competitiveness in the global integration, and greatly enable the city to double its gross regional domestic product (GRDP) per capita from the current US$5,200 by 2025. Secretary of the municipal Party Committee Vuong Dinh Hue said that the city needs to take actions immediately to gain its set targets. Key tasks for the municipal Party Committee in the 2020-25 term are as follows: Program No.1 Reinforcing the Party and city political system, and promoting the administrative reforms. Program No.2 Focusing on economic growth and restructuring, international integration, and competitiveness. Program No.3 Pushing up urban refurbishment and socio-economic growth as well as ensuring urban development and sustaining urban economy. Program No.4 Promoting the implementation of the national program on new -style rural areas and agricultural restructuring for better living standards of people in rural areas. Program No.5 Improving planning, management, the use of natural resource and environment protection, natural disaster respond, and climate resilience. Program No.6 Concentrating on improving cultural development and human resources, and maintaining the style of elegant Hanoians. Program No.7 Boosting the development of science and technology and creativeness. Program No.8 Improving social welfare and living standards of local residents. Program No.9 Putting the focal point on increasing defence and security capacity for the next five years. …

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According to statistics released by the General Department of Vietnam Customs, China represents the largest market among the 14 RCEP countries that the nation has established trade ties with. Indeed, turnover between the two sides reached US$103.5 billion during the first 10 months of the year. Of the figure, the value of Vietnamese export commodities stood at US$37.9 billion, while the nation’s imports came to US$65.6 billion. Furthermore, two-way trade turnover with the RoK hit US$53.5 billion, including US$16 billion from Vietnamese exports and US$37.5 billion from its imports. Indeed, import and export trade turnover was recorded at more than US$32 billion with Japan, ASEAN at US$43.4 billion,  Australia at US$6.77 billion and New Zealand at US$870 million. This comes following the RCEP being signed on November 14 by leaders of 15 countries from the Asia-Pacific region that make up 29% of global GDP. The pact was signed online by leaders of 10 ASEAN member states, along with Australia, China, Japan, New Zealand, and the Republic of Korea (RoK) as part of the 37th ASEAN Summit, chaired by the nation in Hanoi. The purpose of the RCEP is to help establish long-term stable export markets for ASEAN members in the context of risky and uncertain global supply chains. In addition, it will also create a legally binding regional framework suitable for trade policy, investment, intellectual property, e-commerce, and dispute resolution, among other things. Overall, the international partnership aims to create a fair trading environment throughout the region. …

[Read more...] about Trade between Vietnam and RCEP nations reaches US$240 billion