Modi new cabinet ministers list

Prime Minister Pham Minh Chinh asked the ministries to quickly resolve the relevant issues to keep the ring road project moving forward as planned. Hanoi and the two provinces of Bac Ninh and Hung Yen have made big progress in land clearance for the construction of the Ring Road 4, Prime Minister Pham Minh Chinh said on January 27. Prime Minister talks to local people that live in the area of the Ring Road 4 on January 27. Photo: Vietnam News Agency At the moment, Hanoi municipal  authorities have developed a land clearance plan for the whole 58.2-kilometer stretch of the ring road that runs through Hanoi. The capital has relocated almost two fifths of all the graves found along the ring road. Hung Yen Province has cleared land in Van Giang, Khoai Chau, Yen My and Van Lam districts and moved almost 16% of all graves along the ring road. Meanwhile, Bac Ninh Province does not have a plan to relocate graves and cemeteries in the project area, but Bac Ninh … [Read more...] about Prime Minister praises Ring Road 4 project’s land clearance

Prime Minister Pham Minh Chinh offered incense to President Ho Chi Minh and launched the annual New Year tree planting festival at K9-Da Chong relic site, Hanoi’s outlying district of Ba Vi, on January 27, the sixth day of the Year of the Cat. PM Pham Minh Chinh joins in tree planting at the relic site (Photo: VNA) Co-organised by the Ministry of Natural Resources and Environment, the Ministry of National Defence and Hanoi municipal authorities, the tree planting festival started a series of activities nationwide for the programme “For a green Vietnam” with an aim to plant 22.5 million trees this year. Speaking at the event, PM Chinh recalled that 64 years ago, President Ho Chi Minh called on the entire people to respond to the tree planting month which has become a tradition every lunar new year since then. According to him, Vietnam’s forest coverage expanded from 28% in 1990 to over 42% in 2022, absorbing over 70 million tonnes of carbon dioxide. … [Read more...] about Prime Minister launches New Year tree planting festival

Co-organized by the Ministry of Natural Resources and Environment, the Ministry of National Defense and Hanoi municipal authorities, the tree-planting festival started a series of activities nationwide for the program “For a green Vietnam” with an aim to plant 22.5 million trees this year. Speaking at the event, Prime Minister Pham Minh Chinh recalled that 64 years ago, President Ho Chi Minh called on the entire people to respond to the tree-planting month which has become a tradition every lunar new year since then. According to him, Vietnam’s forest coverage expanded from 28% in 1990 to over 42% in 2022, absorbing over 70 million tons of carbon dioxide. The PM highlighted Vietnam's commitment to achieve net zero by 2050 and expressed his belief that the tree-planting campaign 2023 will produce positive achievements, helping the country deliver its commitment and contributing to national development. At the launch ceremony, he joined delegates in planting 3,000 trees at the … [Read more...] about Prime Minister launches New Year tree-planting festival

Deputy Minister of Information and Communications Phan Tam speaks at the ASEAN Conference on 5G . (Photo: Minh Son/Vietnam+) On the morning of October 11, in Hanoi, the ASEAN Conference on 5G took place within the framework of the International Digital Week organized by the Ministry of Information and Communications of Vietnam. Deputy Minister of Information and Communications Phan Tam said that ASEAN countries all have 5G development strategies but are facing problems with infrastructure, standards for deployment and information security. Therefore, the cooperation of ASEAN countries to build a 5G roadmap is one of the priority tasks and goals in the coming time. Lao Minister of Technology and Communications - Boviengkham Vongdara, said technology is one of the contents of long-term cooperation between Laos and Vietnam. "Laos wants to learn from the experiences of other countries, including Vietnam, which has achieved many achievements in digital transformation," … [Read more...] about ASEAN discussing 5G deployment roadmap

According to the Ministry of Industry and Trade (MoIT), the scale of the Vietnamese retail market is USD 142 billion, which is expected to reach USD 350 billion in 2025, with contribution of 59% to total GDP. Last year, the total revenue from retail sales of goods and services rose 21%, exceeding the target of 8%. A survey by Vietnam Report showed that over 53.8% of total retail firms enjoyed similar and higher business results compared to the pre-pandemic level. Experts held that growth of retail sales is being supported by rise in income and the strong recovery of the tourism sector as well as relevant sectors such as transport and accommodations, as well as the effectiveness of inflation control measures. Particularly, from now to the lunar New Year (Tet) Festival, which falls in late January, consumers are predicted to loosen their wallet dramatically. At the same time, there are signs of vibrant retail activities as many foreign investors have announced their plans to … [Read more...] about Retail market forecast to bustle this year

The VN-Index, which tracks the performance of the Ho Chi Minh Stock Exchange (HoSE), closed above the resistance area of 1,100 points, equivalent to 1,120 points of the VN30-Index, in the last trading week. Although cash flow has not improved much, supply pressure has not put great pressure on the market. The market is expected to continue to be supported and gain points in the next trading sessions. Therefore, investors can still expect the market to expand the uptrend and exploit some short-term opportunities in stocks with positive accumulation background, said Viet Dragon Securities Co. 2022 was an eventful year for the Vietnamese stock market with many records set. After a prosperous 2021, the VN-Index continued to stay at its historic peak for the first three months of 2022. However, the market then declined, putting itself on the list of the worst performers in the world. As of December 27, the benchmark had dropped 34.2% to 1,004.57 points, from the 1,520-point peak … [Read more...] about Positive prospects for Vietnam’s stock market this year