Party and State leaders take a group photo with National Assembly deputies from ethnic minority groups on Wednesday. — VNA/VNS Photo HÀ NỘI — Party and State leaders had a meeting with members of the 15th National Assembly (NA) from ethnic minority groups, on Wednesday. President Nguyễn Xuân Phúc, Prime Minister Phạm Minh Chính, NA Chairman Vương Đình Huệ, NA Vice Chairman Trần Thanh Mẫn, Chairman of the Vietnam Fatherland Front Central Committee Đỗ Văn Chiến, and head of the Party Central Committee's Commission for Mass Mobilisation Bùi Thị Minh Hoài, attended the meeting. Speaking at the meeting, NA Chairman Huệ emphasised that the Party and State always determine that the great unity of ethnic groups is extremely important to the country, which is home to 54 ethnic groups living together peacefully, and standing side by side in the process of national construction and defence. The Party and State consistently build policies on great national unity on the basis of equality, … [Read more...] about Party and State leaders meet with NA ethnic minority deputies
Jingtai party chief li zuobi
High-ranking delegation of HCMC visits Laos
Vice Mayor of Vientiane, Mr. Phoukhong Bannavong and representatives of departments of Vientiane receive the delegation of Ho Chi Minh City high ranking officials at Wattay International Airport. (Photo: SGGP) Attending the trip was Major General Nguyen Truong Thang, Commander of Military Region 7; Lieutenant General Nguyen Van Nam, Commander of the HCMC High Command; Vice Chairman of the HCMC People’s Committee Ngo Minh Chau and representatives of departments of the city. The visit is part of the activities to celebrate the Vietnam-Laos Solidarity and Friendship Year 2022 as well as the 60th anniversary of diplomatic ties and the 45th anniversary of the Treaty of Friendship and Cooperation. It aims to further promote the Vietnam-Laos great friendship, special solidarity and comprehensive cooperation, and strengthen the implementation of cooperation projects between HCMC and Laotian localities. The delegation had a meeting with Vietnamese people who are living in Laos and … [Read more...] about High-ranking delegation of HCMC visits Laos
Hanoi accelerates construction of smart urban projects
The completion of these projects would help ensure Hanoi’s rapid and sustainable development towards green, smart, and modernization while maintaining the harmonization between rural and urban areas. The capital city has so far completed around 70% of the total area subject to site clearance under smart urban projects in the city. Overview of the smart city project in Dong Anh District. Photo: BRG To date, the progress has been encouraging as contractors are speeding up the completion of the site clearance process. According to a recent report, site clearance for the construction of the new residential project Tay Mo – Dai Mo – Vinhomes Park in Nam Tu Liem District has almost concluded, with the 70% of the work volume completed. Around 80% of the land for the projects in the communes of Xuan Canh, Dong Hoi, and Mai Lam (Dong Anh District) have been cleared, and the authorities are handing over clear sites to contractors. The local authorities are also … [Read more...] about Hanoi accelerates construction of smart urban projects
BIDV, ADB release report on Vietnam’s financial market
Illustrative photo (Source: VNA) Hanoi (VNA) - The Bank for Investment and Development of Vietnam (BIDV) and the Asian Development Bank (ADB) on May 25 co-organised a workshop to announce a report on Vietnam’s financial market in 2021 and its 2022 outlook. BIDV Senior Executive Vice President Tran Phuong said it is a result of research by a team of ADB and BIDV experts. This is the first time a Vietnamese financial institution has collaborated with ADB to make a comprehensive assessment report on the Vietnamese financial market, covering the fields of banking, securities, and insurance, he noted. Looking back at 2021, the report states that the world economy recovered quite quickly along with a rapid increase in inflation due to the majority of countries reopening socio-economic activities. The global financial market continued its fast recovery given the new normal condition and strengthened confidence. In that context, Vietnam's economy recovered quite … [Read more...] about BIDV, ADB release report on Vietnam’s financial market
President emphasizes importance of timely support for people, enterprises
President Nguyen Xuan Phuc speaks at the meeting with the National Assembly deputies group of Ho Chi Minh City. (Photo: SGGP) According to the President, the economic indicators in the first five months of 2022 are encouraging, showing signs of growth in budget revenue, import and export, and agriculture. The macroeconomy has always been maintained and is the outstanding point in operating. Vietnam's vaccination strategy has been implemented drastically and is recognized by the world. However, the signs of inflation are clear, especially when Vietnam's economy has a fairly high openness. The stock market is an important capital mobilization channel, but billions of dollars have been evaporated recently. Therefore, it is necessary to have better measures and methods to support the stock market to stabilize, send capital flows to businesses, create jobs, and determine growth. State President Nguyen Xuan Phuc quoted an article "Not let inflation sweep away underprivileged people" … [Read more...] about President emphasizes importance of timely support for people, enterprises
Key southern economic region a magnet for FDI
Illustrative image (Photo: VNA) Hanoi (VNA) – With its advantages and thorough preparation in terms of infrastructure, transport and human resources, after the COVID-19 pandemic is put under control, the key southern economic region remains the leading destination for foreign direct investment (FDI) flows. Localities in the region have also organised investment promotion workshops to popularise Vietnam’s investment environment and its advantages and potential. In mid-May, Pandora, a Danish jewelry manufacturer, announced that it will invest 100 USD million to build a new facility in the Vietnam Singapore Industrial Park (VSIP) in the southern province of Binh Duong under a memorandum of understanding signed between two sides. Jeerasage Puranasamriddhi, Chief Supply Officer of Pandora group, said they have chosen Binh Duong province for the availability of skilled workforce, its infrastructure and proximity to international airports, adding that the enthusiasm, support and … [Read more...] about Key southern economic region a magnet for FDI
Memorial and burial service held for fallen soldiers
During the 2021-2022 dry season, the martyrs’ remains search and collection team of the Thanh Hoa provincial Military Command found and repatriated 16 sets of remains of fallen soldiers’ who were Vietnamese soldiers and advisors volunteered for international service in Laos. The activity contributed to promoting the national beautiful tradition of “When drinking water, remember its source” and gratitude work of the people, highlighting the responsibility of the Party, authorities and armed forces towards outstanding heroes who have sacrificed their life for the independence and freedom of the two peoples. It also helped tighten the solidarity between the two parties, peoples and provinces of Thanh Hoa (Vietnam) and Huaphanh (Laos), while educating people about the sacrifice of the heroes and martyrs for national independence and international service. In a solemn atmosphere, delegates offered incense and flowers in tribute to the fallen soldiers. Translated by Minh Anh … [Read more...] about Memorial and burial service held for fallen soldiers
SEA Games 31 ends successfully
The event was attended by Vietnamese Prime Minister Pham Minh Chinh; Cambodian Deputy Prime Minister, Defense Minister and Chairman of the 32nd SEA Games Organizing Committee Samdech Pichey Sena Tea Banh; and ministers, ambassadors, all contingents and athletes participating in the SEA Games 31. Special performances at the closing ceremony left an unforgettable impression on international friends and demonstrated Vietnam as a country deeply imbued with its traditional cultural identities and intensively integrating into the world. During the ceremony, the SEA Games flag was handed over to Cambodian representatives. Artists from Cambodia then had a performance of “Cambodia welcoming and blessing” to introduce their country, people and culture. With 40 sports, SEA Games 31 took place in Hanoi and 11 nearby localities. Vietnam ranked first in the medal tally with 205 gold, 125 silver, and 116 bronze medals. SEA Games 31 closed after 17 memorable days with unforgettable memories. … [Read more...] about SEA Games 31 ends successfully
Shinhan Life Vietnam, Shinhan Bank Vietnam sign partnership
Kang GewWon, General Director of Shinhan Bank Vietnam (left) and Lee Euichul, General Director of Shinhan Life (right), signed an insurance business partnership on May 24. — Photo Shinhan Bank Vietnam Shinhan Life Insurance Vietnam Limited Liability Company (Shinhan Life Vietnam) and Shinhan Bank Vietnam Limited (Shinhan Bank) officially signed a strategic cooperation agreement on implementing the bancassurance business model on May 24. The agreement marks a new chapter full of expectations for two financial organisations with mutual plans to bring living improvement solutions to a million Vietnamese people. Under the framework of the new agreement, Shinhan Bank Vietnam will consult and introduce life insurance products of Shinhan Life to the bank's customers nationwide. The first product developed through this distribution channel is Shinhan – Credit, a protection product for borrowers. “In recent years, customers' demand for insurance products at the bank has expanded … [Read more...] about Shinhan Life Vietnam, Shinhan Bank Vietnam sign partnership
Different plans to be prepared for safe and effective operation of the securities market
Deputy Minister of Finance Nguyễn Đức Chi. The State authorities have recently taken a number of measures to strengthen the management and supervision of the securities market, including replacing the head of the State Securities Commission and taking disciplinary measures against leaders of the two national stock exchanges and the Việt Nam Securities Depository. Deputy Minister of Finance Nguyễn Đức Chi, who was appointed to take the charge of the State Securities Commission from May 19, spoke to the media about solutions to ensure the stable and safe operation of the securities market in the future. What is the view of the Ministry of Finance on the recent violations of the State management agencies in the securities market? Recently, authorities inspected activities on the stock market as well as State management agencies in charge of the market and have discovered the shortcomings and weaknesses of officials and civil servants in the … [Read more...] about Different plans to be prepared for safe and effective operation of the securities market