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Prime Minister Pham Minh Chinh (front row, fourth from right) with delegates from international organisations and business associations at the event. — VNA/VNS Photo Duong Giang The Vietnamese Government is committed to creating favourable conditions for businesses to develop, Prime Minister Pham Minh Chinh said at the Annual Viet Nam Business Forum held in Ha Noi on Sunday. It would continue to perfect mechanisms and policies to create a favourable and equal business environment, improve national competitiveness, remove difficulties for enterprises and increase transparency and equality in access to resources. Top priority would also be given to cutting costs for businesses and synchronously and effectively deploying policies to support firms in capital, technology transfer, training and human resource development. Viet Nam would also develop all kinds of markets, including goods and services, finance-currency, securities, real estate, science- technology, labour and public … [Read more...] about Viet Nam vows to faciliate businesses towards green growth, says PM

The Vietnamese Government commits to creating all possible conditions for businesses to growth further, Prime Minister Pham Minh Chinh affirmed at the Vietnam Business Forum 2023 (VBF 2023) in Hanoi on March 19. PM Pham Minh Chinh speaks at the forum (Photo: VNA) Reviewing the country’s socio-economic recovery and development achievements in 2022, the PM said the macro economy remained stable, major economic balances were ensured, and notably the domestic investment and business environment was improved significantly. During the post-COVID-19 period, the foreign investment disbursement went up 13.5% as compared with 2021, which reflected Vietnam’s attractiveness in the regional and global investment maps, he said. Chinh stressed that the Vietnamese Party and State advocate green growth in order to ensure rapid, effective and sustainable economic development, contributing to implementing the 2021-2030 socio-economic development strategy. However, green … [Read more...] about PM pledges to further support enterprises at Vietnam Business Forum 2023

Prime Minister Pham Minh Chinh chairs a conference on solutions to innovate the operation of the Committee for Management of State Capital at Enterprises and effectively promote investment resources of State groups and corporations. — VNA/VNS Photo Duong Giang State-run groups and corporations must operate effectively to contribute to building an independent and self-reliant economy, Prime Minister Pham Minh Chinh said on Saturday. Chairing a conference on solutions to innovate the operation of the Committee for Management of State Capital at Enterprises (CMSC) and effectively promote investment resources of State groups and corporations, the Government leader said the CMSC and the 19 groups and corporations it manages must make effective contributions to ensuring macroeconomic stability and major balances, controlling inflation, and promoting growth. Attention should be paid to three growth drivers of domestic consumption, investment and export, he said, adding groups and … [Read more...] about PM asks state-run groups, corporations to contribute to building self-reliant economy

Prime Minister Pham Minh Chinh (R) and Polish Minister of Foreign Affairs Zbigniew Rau at their meeting in Hanoi on March 16. (Photo: VNA) Hanoi (VNA) – Vietnam always treasures and wants to strengthen its multifaceted cooperation with Poland, a traditional friend and partner in Central Eastern Europe, Prime Minister Pham Minh Chinh said while receiving Polish Minister of Foreign Affairs Zbigniew Rau in Hanoi on March 16. The PM thanked the Government and people of Poland for their donation of nearly 1.4 million doses of COVID-19 vaccine and 8 tonnes of medical equipment to help Vietnam overcome the pandemic and boost economic recovery, stressed that the move reflected sincere affection and deep attachment between the people of the two countries. For his part, Rau said he is impressed with Vietnam’s socio-economic development achievements and stated that Poland wants to fortify its collaboration with the nation, the most important partner of Poland in Southeast Asia. … [Read more...] about Vietnam wants to strengthen multifaceted cooperation with Poland: PM

Prime Minister Phạm Minh Chính and delegates of the US-ASEAN Business Council in Ha Noi on Wednesday. —VNA/VNS Photo Duong Giang The Vietnamese Government will continue to create favourable conditions for US businesses to expand investment in Viet Nam and support Vietnamese enterprises participating deeply in the production value chain of US enterprises. Prime Minister Pham Minh Chinh delivered this statement during a working session with the delegation of the US-ASEAN Business Council (USABC) in Ha Noi yesterday. The PM said that Viet Nam considered the US one of its most important partners and wanted to deepen the comprehensive bilateral partnership. He also praised the US business community's production and investment activities in Viet Nam, saying that the Vietnamese Government was willing to listen to the US businesses' opinions. The PM noted that the Vietnamese Government would accompany US businesses to solve difficulties and successfully implement their investment … [Read more...] about Viet Nam promises optimal conditions for US enterprises: PM

PM Pham Minh Chinh speaks at the event. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh had a working session with a delegation of the US-ASEAN Business Council (USABC) in Hanoi on March 22, during which he said Vietnam wants to promote its comprehensive partnership with the US in a practical, effective, equal and mutually-beneficial manner. The delegation comprised leaders of over 50 leading US and world businesses like Netflix, Boeing, Apple, Coca-Cola, Pfizer, Abbott, Visa, Citibank, Meta, Ford, Fedex Express, among others. PM Chinh affirmed that Vietnam always considers the US one of the top important partners, adding that the Vietnamese Government always stays ready to listen to the US firms to deal with difficulties in the spirit of harmonising benefits and sharing risks. He said Vietnam is carrying out three strategic breakthroughs, including building and fine-tuning institutions, reforming administrative procedures and training human resources, … [Read more...] about Vietnam wants to further promote comprehensive partnership with US: PM

Prime Minister Pham Minh Chinh inspects major projects in Thua Thien-Hue (Photo: VNA) Thua Thien-Hue (VNA) - Prime Minister Pham Minh Chinh on March 25 inspected a number of works and projects in the central province of Thua Thien-Hue . Examining the resettlement area for 5,080 households who have to relocate to give space for the restoration of the Hue Ancient Capital, PM Chinh asked the province to continue to invest in the area's infrastructure, ensuring that residents enjoy similar or better living conditions compared to their old place. He also directed the province to continue to respond to requests of the affected people in the spirit of harmonising benefits. The PM lauded the residents in the resettlement area for their support to the project, saying it contributes to the preservation of the UNESCO-recognised World Cultural Heritage. Visiting the Hue Royal Antiquities Museum at Long An Palace in the Hue Monument Complex, the Government leader asked Thua … [Read more...] about PM inspects major projects in Thua Thien-Hue

PM Pham Minh Chinh extended Vietnamese leaders’ greetings to Cambodia on the occasion of the country’s coming traditional Chol Chnam Thmay festival. He congratulated Cambodia on its enormous achievements over the past years, especially in the COVID-19 fight, inflation control, economic growth, the ASEAN Chairmanship in 2022, and the fifth-tenure commune/ward council elections last June. Deputy PM and Foreign Minister Prak Sokhonn affirmed that Cambodia always attaches importance to the reinforcement and development of the “good neighborliness, traditional friendship, comprehensive cooperation, and long-term sustainability” with Vietnam. He expressed his delight at the flourishing bilateral relations in all aspects. Leaders of the two countries have maintained frequent meetings and mutual visits. Bilateral trade topped 10 billion USD in 2022, rising nearly 11% from 2021. As of the end of last year, Vietnam had 205 investment projects worth 29.4 billion USD in Cambodia, … [Read more...] about PM Pham Minh Chinh welcomes Cambodian Deputy PM and Foreign Minister

The delegation comprised leaders of over 50 leading U.S. and world businesses like Netflix, Boeing, Apple, Coca-Cola, Pfizer, Abbott, Visa, Citibank, Meta, Ford, Fedex Express, among others. PM Pham Minh Chinh affirmed that Vietnam always considers the U.S. one of the top important partners, adding that the Vietnamese government always stays ready to listen to the U.S. firms to deal with difficulties in the spirit of harmonizing benefits and sharing risks. He said Vietnam is carrying out three strategic breakthroughs, including building and fine-tuning institutions, reforming administrative procedures and training human resources, developing modern and synchronous infrastructure, and prioritizing the development of emerging economic sectors such as green economy, circular economy and digital economy. Vietnam already inked 15 free trade agreements with over 60 countries and territories, thus creating favorable conditions for enterprises. Expressing his belief in Vietnam’s growth … [Read more...] about Vietnam wants to further promote mutually-beneficial comprehensive partnership with U.S.: PM

At the reception (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Tran Hong Ha received outgoing Chief Representative of the Japan International Cooperation Agency ( JICA ) Vietnam Office Shimizu Akira in Hanoi on March 27. At the reception, Ha highly valued JICA’s contributions to the implementation of Japan’s official development assistance (ODA) projects in Vietnam, saying JICA’s programmes and projects in Vietnam have realised cooperation agreements between the two countries in a timely manner. The Vietnamese government and people are interested in and make efforts to effectively implement the Japan ese ODA loans, the official affirmed. Currently, Japan is Vietnam’s biggest ODA supplier and has played a role in socio-economic development, poverty reduction, environmental improvement, and administrative management in Vietnamese ministries, agencies, and localities, Ha stressed. Recalling the Asia Zero Emission Community (AZEC) Ministerial Meeting in Tokyo … [Read more...] about Deputy PM lauds JICA’s contributions to Vietnam-Japan relations