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Prime Minister Pham Minh Chinh (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh on September 28 chaired a monthly Government law-making session to discuss a proposal on drafting the Law on Management and Use of Weapons, Explosives and Supporting Tools. Participants looked into a proposal on building the Law amending and supplementing a number of articles of the Law on Advertising, the issuance of documents detailing and guiding the implementation of laws, ordinances, and resolutions of the National Assembly (NA) and the NA Standing Committee that have taken effect. In his opening remarks, PM Chinh said that in the first nine months of this year, the Government has focused on implementing three strategic breakthroughs, including institution building and perfection. An overview of Government law-making session (Photo: VNA) Therefore, the Government has spent a lot of time and resources, and applied innovations to promote the work of building and perfecting … [Read more...] about PM presides over Government’s September law-making session

A concrete road in Chau Hoi commune, Quy Chau district of Nghe An province has been destroyed by flash floods.(Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh has sent a dispatch to ministries, agencies and localities affected by torrential rains and flooding , asking them to focus on responding to and dealing with flood consequences . The dispatch clarified that since September 25, due to the impact from a low depression, many northern and north-central localities have suffered torrential rains which were measured at 500mm in some places, causing floods and landslides , blocking streets and disrupting production and daily activities of locals, especially in Thanh Hoa, Nghe An, Ha Tinh and Quang Binh province. Torrential rains are forecast to continue in coming days, posing high risks of flash floods and landslides in mountainous areas. In order to ensure safety for people’s life and property, PM Chinh asked the National Steering Committee on Natural … [Read more...] about PM orders prompt measures to deal with flood consequences

Hanoi takes a selective approach to attracting investment, prioritizing projects in high-tech, clean-tech, and environmentally friendly sectors. Hanoi will create conditions for domestic and foreign investors to develop the semiconductor industry in the city and the whole country, said Deputy Chairman of Hanoi People's Committee Nguyen Manh Quyen at the seminar "Development of Semiconductor Ecosystem and Connection for Investment in Hanoi" on September 27 in Hanoi. Delegates at the conference. Photo: The Hanoi Times He stated that the semiconductor industry is of great interest to the Government and the Prime Minister as it enhances Vietnam's participation in regional and global value chains and the development of high technology, electronics, semiconductors, financial centers and innovation. "Prime Minister Pham Minh Chinh encouraged US semiconductor companies to deepen and expand their investments in Vietnam at various stages, including infrastructure … [Read more...] about Hanoi encourages semiconductor investment

According to the Ministry of Industry and Trade, 72 countries recognize Vietnam as a market economy, including Canada, Australia, Japan, and South Korea. The UK did so recently with an official letter to the effect. Speaking to VnExpress , a Trade Remedies Authority Department official said since its first anti-dumping investigation case against Vietnam in 2002 the U.S. had been considering the country a non-market economy. In a meeting with the U.S. Secretary of Commerce Gina Raimondo in Washington last Tuesday, Prime Minister Pham Minh Chinh proposed the U.S. to soon recognize Vietnam’s market economy status . The need for recognition of Vietnam's market economy status was also in the joint statement between General Secretary Nguyen Phu Trong and President Joe Biden on upgrading the two countries' relations to a Comprehensive Strategic Partnership. The EU also sees Vietnam as a non-market economy. In 2015, while free-trade agreement negotiations were underway, the EU … [Read more...] about Significance of Vietnam being a market economy

The increase in electricity prices remains a hot topic as it has a major impact on households and businesses alike. Vietnam Electricity (EVN) has proposed another increase in retail electricity prices to compensate for its losses. Speaking at the state capital management in enterprises seminar last week, Nguyen Xuan Nam, vice president of EVN, said, "EVN accepts selling electricity at much lower prices than feed-in-tariffs (FiT). Although electricity prices have climbed three per cent in 2023, it only minimizes some parts of lingering difficulties since 2022. This year, retail electricity prices were not adjusted in a timely manner. As a result, EVN has incurred a loss of $1.48 billion." He added, "EVN's main task is to ensure a sufficient supply of electricity to the economy. However, the company encounters many challenges in mobilising and balancing its capital to fund its initiatives and ensuring safe operation and sufficient electricity supply in the following years. In 2023, … [Read more...] about Adjusting electricity tariff vital to the energy sector

Protesters hold a placard portraying Britain's Prime Minister Theresa May during a march in central London calling for an end to the "crisis" in the state-run National Health Service (NHS). (Daniel LEAL-OLIVAS/AFP) NHS staffing levels have been in crisis for months, an issue made worse by a winter flu outbreak. The public health service is a highly-emotive political issue, and controversially formed the centre-piece of the succesful pro-Brexit campaign during the 2016 referendum. Protesters carrying placards reading "NHS not for sale", and "Hands off our NHS", braved the cold and rain to demand that the government pump more money into the system, and roll back the influence of the private sector in the public-funded service. Hospital campaigner Tamsyn Bacchus demonstrated with a life-size replica vulture and an NHS placard, fearing that the free-at-point-of-use service was moving towards a US style user-pay system. "I have faith, and so do all these folk here, that it's so … [Read more...] about Thousands protest over UK health service