HCM CITY — The chairman of the municipal People’s Committee Nguyễn Thành Phong has asked agencies to improve production of major industries and diversify tourism products, as well as speed up the capital disbursement rate of public investment projects in the city. … [Read more...] about City aims to improve production of major industries
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Differences were "still too great to reach an agreement," German Chancellor Angela Merkel told reporters at the end of the two days of talks in Brussels. No date had yet been set for another summit to try again, but Merkel added that "we are going to have to return to the subject". The trillion-euro-plus budget, the multiannual financial framework, is meant to be operational from next year and run to the end of 2027. But the summit revealed stubborn differences between a handful of wealthy "frugal" states and a larger group wanting more money to meet both big European ambitions and to fill the 75-billion-euro shortfall left by Britain's exit from the EU last month. "Unfortunately we have observed it was not possible to reach an agreement, we observed we need more time," said European Council President Charles Michel, who had called the extraordinary summit and stewarded the talks. He said, however, he was right to make the effort: "As my grandmother said, to succeed you first have … [Read more...] about EU budget summit ends with no deal
In 2009, when the VN Index soared from 324 points to the year's peak of 630 points, the richest stock billionaire had total assets worth over VND9 trillion. But now, one needs to have much more to be listed among the top billionaires. KBC price hovers around VND14,950 per share. With 75 million KBC in hands, Tam now ranks 53rd on the list of top billionaires. … [Read more...] about How much is needed to be listed among the top stock billionaires in Vietnam?
Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc has requested ministries, localities and businesses strengthen cooperation to develop agricultural mechanisation and processing of agricultural products. Speaking at a teleconference with ministries, sectors and localities on promoting the development of the agricultural product processing industry and mechanisation in Hanoi on February 21, the PM said Vietnam has not yet focused on developing those fields. Vietnam aims to rank among the world’s top 15 most developed agricultural countries and become a global hub for agricultural logistics and processing. Meanwhile, at present, agriculture has used a large labour force, mainly unskilled labour and has a low level of mechanisation, leading to low productivity. Therefore, the State will develop policies to remove difficulties and promote the development of those fields, he said. The Prime Minister urged the Ministry of Agriculture and Rural Development to submit to him a strategy … [Read more...] about Vietnam will promote agricultural mechanisation: PM
In addition, the two parties will support local firms to increase exports of garment and textile, wood, and processed food, among others to South Korea. Enterprises will push to transfer technology to help boost local businesses' competitive capacity, especially in the automotive industry, textile and garment, as well as chemcials and components, and then promote these partners' export turnover to South Korea and other countries. … [Read more...] about Vietnam and South Korea reach for $100 billion trade turnover in 2020