It is the information stated in the Government's report No.174/BC-CP sent to the NA to prepare for the third session. According to the report, in case Resolution No.42 cannot continue to be implemented, the volume of bad debts determined under Resolution No.42 that has not been resolved, including newly arisen bad debts, is expected to reach VND430 trillion ($18.6 billion) at the end of 2022 and VND443 trillion at the end of 2023. After handling a large number of bad debts in 2018 and 2019, the bad debt settlement speed in 2020 and 2021 tended to slow down due to the impact of the Covid-19 pandemic on the financial situation. Therefore, to continue to achieve the goal of handling and controlling the bad debt ratio of the system of credit institutions in the coming time is a big challenge for the banking industry, requiring the participation of the political system, the close coordination of ministries, agencies, and localities in implementing solutions on handling bad debts, … [Read more...] about Unresolved bad debt remains at high level
Necessary qualities for multilateral diplomacy
More processing plants licensed to export pangasius to US
Viet Nam's pangasius export value to the US from the beginning of this year to April 15 reached US$195.3 million. — VNA/VNS Photo Cong Mao The National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD) has announced that the US has licensed six more Vietnamese pangasius processing factories to export to the market. Adding six factories to the list of pangasius processing factories licensed to export to the US will promote the growth of Viet Nam's pangasius export value to this market. The factories are Hop Nhat Seafood Joint Stock Company, Atlantic Seafood Frozen Factory (Atlantic Seafood), Basa Mekong Factory (Basa Mekong), a factory for processing and exporting high-grade pangasius products, Co May 2 seafood processing and exporting factory (under Co May Import and Export Co, Ltd) and CK Frozen Food Vietnam Co, Ltd. So far, the US Food Safety and Inspection Service under the US Department of Agriculture (USDA) has licensed 19 Vietnamese pangasius factories to … [Read more...] about More processing plants licensed to export pangasius to US
Singapore one of Việt Nam’s leading partners in the region: PM Chính
Prime Minister Phạm Minh Chính (right) meets with Speaker of the Singaporean Parliament Tan Chuan-Jin on Friday morning in Hà Nội. — VNA/VNS Photo Dương Giang HÀ NỘI — Singapore has always been one of Việt Nam's leading partners in the region. Prime Minister Phạm Minh Chính made the statement meeting with Speaker of the Singaporean Parliament Tan Chuan-Jin on Friday morning in Hà Nội. PM Chính said the visit of the Tan Chuan-Jin, which lasted from May 18 to 20, was very important, contributing to promoting the Việt Nam - Singapore Strategic Partnership to become more and more extensive and effective, especially while the two countries are looking forward to the 50th anniversary of the establishment of diplomatic relations and 10 years of Strategic Partnership in 2023. Chính congratulated Singapore on its outstanding achievements, including always leading the way in the region in catching new development trends of the world, especially in science and technology with its high … [Read more...] about Singapore one of Việt Nam’s leading partners in the region: PM Chính
HCMC, Southern provinces boost linkage for tourism development
Dong Thap is famous for its lotus fields. According to the Institute for Tourism Development Research under the Vietnam National Administration of Tourism (VNAT), the Mekong Delta has a special and diversified ecosystem featuring different habitat types of the sea, islands, river gates, mangrove forest, islets, biosphere reserves, national parks, nature reserves, typical diversified natural resource, unique culture and history creating oriental multiple cultural identities of the region. Globalization and international integration have created a driving force for tourism development, a connection between the Mekong Delta region and HCMC along with areas across the country and nations. The tourism growth of the Mekong Delta and HCMC will affect the socioeconomic development of localities in the region. Moreover, tourism also provides chances to introduce cultural values, landscapes and Vietnamese people to international friends and offers cooperation opportunities among provinces … [Read more...] about HCMC, Southern provinces boost linkage for tourism development
Vietnamese ‘blue berets’ plant trees in South Sudan
The activity was in celebration of the 132nd birth anniversary of President Ho Chi Minh (May 19, 1890 - 2022), towards the 8th founding anniversary of the Vietnam Department of Peacekeeping Operations (May 27, 2014 - 2022), and 47th founding anniversary of Military Hospital 175 (May 26, 1975 - 2022). The tree-planting activity attracted the participation of a lot of local people who first joined the event with curiosity and then with excitement after learning the significance of the event. Some actively asked for more trees to plant and take care of the trees themselves. This activity was meaningful to both improving the landscape of the place for medical examination and treatment and boosting the two hospitals’ bond. This also helped improve the quality of life of the hospital staff and make the arid land of Bentiu green. The tree-planting activity took place before the L2FH Rotation 3 left Bentiu for the homeland. Below are several photos of this significant activity. … [Read more...] about Vietnamese ‘blue berets’ plant trees in South Sudan
Creative military youths receive awards
A report delivered at the meeting stressed that thanks to the attention of the Central Military Commission, Ministry of National Defense, General Department of Political Affairs, General Staff, Ho Chi Minh Communist Youth Union Central Committee, party committees, chains-of-command, political agencies, and military scientific agencies at all levels, the youth union affairs and the youth movements in general and the young creative movements in the military in particular have comprehensively, strongly, and widely developed, and reaped outstanding results. In addition, military youths have always received the most favorable conditions to promote talent, intelligence, and vanguard role in doing science and technology. They have produced tens of thousands of creative ideas per year. The report emphasized that the Military Creative Youth Awards remains a typical movement that fosters military youths to create and devote. Over the past 21 years, the organizing panel has received 5,480 … [Read more...] about Creative military youths receive awards
World Vovinam Federation hails Games
Duyên defends title, set weightlifting record Thais dominate women’s table tennis Loan wins gold in standard Chinese chess Tiến Minh makes men's badminton semi Việt Nam win two golds in blitz chess Mohammed Djouadj, Vice President of the World Vovinam Federation and Chairman of the African Vovinam Federation. VNA/VNS Photo Nam Thái Thu Hà HÀ NỘI — Mohammed Djouadj, Vice President of the World Vovinam Federation and Chairman of the African Vovinam Federation, has expressed his admiration of the host country's organisation of the ongoing Games 31. Djouadi said he has been to Việt Nam 15 times, and every time he comes, he can feel the immense changes in this country, especially in Hà Nội. He was delighted to see the capital city adorned with lights, flowers, flags and banners for the Games. "When I came here, I could feel that a major regional sporting event was taking place," he said. "The Vietnamese Government has tried its best to have a … [Read more...] about World Vovinam Federation hails Games
Blood transfusion hospital opens second HCM City branch
A new branch of the Blood Transfusion Haematology Hospital in the high-tech medical cluster of Tân Kiên in HCM City’s Bình Chánh District. Photo courtesy of the hospital HCM CITY — The Blood Transfusion Haematology Hospital in HCM City has opened a new branch in Bình Chánh District’s Tân Kiên high-tech medical cluster. It will offer high-end testing, diagnosis and treatment of blood diseases. The VNĐ 1 trillion (US$43.2 million) 300-bed hospital is equipped with state-of-the art facilities and equipment. Speaking at the opening ceremony on May 19, director Dr. Phù Chí Dũng said the newly-inaugurated hospital would take over the examination and treatment services provided by the old hospital in District 1. It would help reduce the patient overload that the old hospital at Phạm Viết Chánh Street in District 1 had suffered for a long time and improve the quality of examination and treatment, Dũng said. The old hospital with only 200 beds receives around 400 out-patients and … [Read more...] about Blood transfusion hospital opens second HCM City branch
Hà Nội approves more than $1 billion for Ring Road No. 4 project
Nguyễn Ngọc Tuấn, chairman of the Hà Nội People's Council, speaks at the meeting. — VNA/VNS Photo Văn Điệp HÀ NỘI — The Hà Nội People's Council for the term 2021 - 2026 on Friday agreed to spend VNĐ23.5 trillion (over US$1 billion) from the city budget for the Ring Road No. 4 project. The council also discussed the allocation and adjustment of the project's fund, which would be submitted to the National Assembly for consideration, said the chairman of Hà Nội People's Council Nguyễn Ngọc Tuấn. Dương Đức Tuấn, vice chairman of Hà Nội's People's Committee, said that the Ring Road No. 4 was a key national project, combining the public investment model and the public-private partnership (PPP) with a Build - Operate - Transfer (BOT) contract. The road will measure 112.8 kilometres in total, running through Hà Nội City and Hưng Yên, Bắc Ninh Provinces, with a connecting route 9.7-kilometres long. It will begin at the start of the Nội Bài - Lào Cai Expressway in Hà Nội, and end on … [Read more...] about Hà Nội approves more than $1 billion for Ring Road No. 4 project
Orbis to assist over 60,000 Mekong Delta children with eye care next year
Orbis international organisation will support more than 60,000 children in the Mekong Delta region with eye check-ups and assist over 10,000 students with surgeries under a project slated for next year. Authorities of the Mekong Delta city of Can Tho on May 19 received representatives of the organisation regarding the integration of an eye screening project into annual health examination for children in 2023. Vice Chairman of the municipal People’s Committee Nguyen Thuc Hien spoke highly of Obis’ projects which help residents in the Mekong Delta access high-quality eye care services, asking the organisation to care more for rural children. He assigned relevant agencies to support and build specific plans for the launch of projects. Doris Macharia, Senior Vice President of Global Programmes of Orbit International, expressed her hope that in the coming year, hospitals and relevant agencies in Can Tho will continue to work with the non-profit organisation in the implementation of … [Read more...] about Orbis to assist over 60,000 Mekong Delta children with eye care next year