Party chiefs

A delegation of Ho Chi Minh City visits Vientiane-Ho Chi Minh City friendship high school. Pupils are eager to welcome the city delegation. Accompanying the delegation were Major General Nguyen Truong Thang, member of the Party Central Committee and Commander of Military Region 7; Lieutenant General Nguyen Van Nam, member of the Executive Board of HCMC Party Committee, Commander of the Military Command of Ho Chi Minh City; Deputy Chairman of Ho Chi Minh City People’s Committee Ngo Minh Chau and leaders of departments and agencies. At the meeting, the city Party chief pleasured at the visit to Vientiane-HCMC friendship high school, and he extended the best wishes of health and happiness to the teachers and scholars with more achievements on studying and teaching. The high school was established under the initiative of Mr. Nguyen Minh Triet, former Secretary of the Ho Chi Minh City Party Committee, former President of the Socialist Republic of Vietnam and Mr. Thongsing … [Read more...] about High-ranking delegation of HCMC visits Vientiane-HCMC friendship high school

Trung has not upheld ethical standards and lifestyle, has violated regulations by engaging activities prohibited for Party members and violated the Law on Marriage and Family, said the Secretariat which is in charge of personnel issues of Party members. His violations have upset the community and affected the reputation of the Party and state authorities, it added. On Thursday, a woman employed at a high school in Da Nang posted a picture with Trung on Facebook, saying she has a child with him despite his marriage to another woman. The incident is being verified by authorities. Trung, 46, used to be the headmaster of the Da Nang Political School. He became the deputy chairman of the Da Nang People’s Council, the city's legislature, in 2018. The Secretariat has requested local authorities to take follow up action on Trung’s violations. … [Read more...] about Da Nang top official loses Party positions over extramarital affair

Roberto Morales Ojeda, Politburo member and permanent member of the Secretariat of the Communist Party of Cuba (PCC) Central Committee. (Photo: VNA) Hanoi (VNA) – Senior Party officials of Vietnam and Cuba have agreed that amid the COVID-19 pandemic, regular meetings and exchanges between the two Parties and countries vividly demonstrate their special friendship. Vo Van Thuong , Politburo member and permanent member of the Secretariat of the Communist Party of Vietnam (CPV) Central Committee held online talks with Roberto Morales Ojeda, Politburo member and permanent member of the Secretariat of the Communist Party of Cuba (PCC) Central Committee on May 26. At the talks, Thuong informed the Cuban official about Vietnam’s achievements in the COVID-19 fight and socio-economic development, as well as the country’s efforts in implementing the Resolution adopted at the 13th National Party Congress, especially in Party building and rectification, and the combat against … [Read more...] about Vietnamese, Cuban Party officials hold talks

A contest about Vietnam’s history of patriotic traditions is launched The contest is organized by the Ministry of Information and Communications in collaboration with the Ministry of Education and Training and the Education and Times newspaper will carry out it. This is an activity under the Prime Minister's Project on supporting information and propaganda on ethnicity and religion. Contest entrants are education administrators, teachers, and employees who have been working in the education sector and students and parents nationwide who are interested in the contest. The content of entries is not fictional and focuses on the following contents such as the values of religion for social life which contributes to the promotion of the strength of the great national unity bloc, religious solidarity in the cause, building and defending the fatherland, the national history, patriotism, tradition of the national building and defense, and the national unity. At the same time, entries … [Read more...] about Contest about Vietnam’s history of patriotic traditions launched

Many countries have recognized nuclear power as a clean type of energy with low greenhouse gas emissions after the 2021 United Nations Climate Change Conference (COP26), the National Assembly’s Economic Committee says in a report. Vietnam therefore should consider reviving its plans to develop nuclear energy to ensure energy security and independent economic development, it says. To make this happen, the Party should approve the move and the government should then consider restarting the Ninh Thuan Nuclear Power Project at an appropriate time. The National Assembly had shut down Vietnam’s first nuclear power project in 2016, saying the nation could not afford it then. By that time seven sub-projects had begun implementation with a total investment of over VND2.3 trillion ($99.01 million), and nearly 450 students and engineers were being trained by Russian and Japanese experts. The original plan was to have two multi-billion-dollar nuclear power plants in the central province … [Read more...] about Lawmakers call for nuclear energy revival, cite zero emissions target

Real estate bonds shackled by rules - illustration photo At last week’s conference on corporate bonds held by the Vietnam Chamber of Commerce and Industry, experts discussed ways to develop an efficient and sustainable corporate bond market. One of the common recommendations regarded appropriate approaches to credit ratings. According to Can Van Luc, BIDV’s chief economist, there should be clear regulations on credit ratings to help investors easily determine business quality and the risk level of the issued bonds. “It is necessary to identify where a credit rating is mandatory and where a credit rating is encouraged. High-risk businesses should go through compulsory credit rating before bond issuance,” Luc said. “On the other hand, for businesses that have been audited and internationally rated with a long-standing history, a credit rating might not be necessary.” In recent years, the State Bank of Vietnam (SBV) has steadily redirected loan flows towards industry, services … [Read more...] about Real estate bonds shackled by rules

Petrol retail prices in the country have been adjusted many times over the past few months, Photo: Le Toan In Vietnam, gasoline prices continue to increase, and after the adjustment on May 11 by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance, each litre of E5 RON92 petrol increased by 6.5 US cents to $1.26 per litre while RON95 climbed by 6.7 US cents to $1.30 per litre. On May 17, the price of US WTI crude oil remained at a high level of over $114 per barrel while Brent oil maintained its upward momentum at $114.28 per barrel. Before the next adjustment, which was due on May 21, petrol prices in Vietnam were forecast to continue to increase to higher levels. The ministries first adjusted gasoline prices on January 11 due to a decrease in global supply, production output by Kazakhstan and Libya, and oil inventories of the United States. According to Decree No.95/2021/ND-CP, effective from January, there will be three adjustments each month to the … [Read more...] about Vietnam riding the wave of inflationary unpredictability

The pandemic has pushed forward the trends of e-commerce in Vietnam 2-3 years earlier than forecast with the sector growing in size four times over last year, according to a 2021 Lazada report. “Some of the e-commerce trends we expected would happen in 2025, such as in edutech and fintech, have already happened in 2022,” noted Nguyen Huy Hoang, chief business officer at OnPoint E-commerce. “Hence, all e-commerce platform companies are investing hugely in Vietnam.” However, as shopping centres and small brick-and-mortar stores are now reopened, many investors are concerned that the boom in e-commerce was just a short-term fad and the majority of consumers could quickly shift back to offline shopping. On May 12 at the Vietnam Online Business Forum, the general consensus amongst experts was that e-commerce will continue to boost the economy after the pandemic. Specifically, in the first quarter of 2022, the industry saw more than 8 million new online consumers. A survey … [Read more...] about All to play for in e-commerce rise

The UN Security Council debate was held on Wednesday (US time). — VNA/VNS Photo NEW YORK — Vietnamese Ambassador Đặng Hoàng Giang underscored the critical importance of protecting civilians in armed conflicts while addressing an annual open debate on the issue at the UN Security Council (UNSC) on Wednesday (US time). In his remarks, Giang, who is the Permanent Representative of Việt Nam to the UN, said the international community is facing major challenges to civilian protection such as wars and large-scale conflicts in many places and the complex COVID-19 situation, especially in conflict-hit areas. Those lingering problems have become even more complicated due to new crises, particularly the food crisis and supply chain disruptions. Meanwhile, resources for the protection of civilians have been reduced as the international community has to reserve them for resolving new challenges. He said the most important thing now is to pay due attention to protecting civilians in … [Read more...] about Việt Nam calls for augmented efforts to protect civilians in conflicts

Deputy Prime Minister Phạm Bình Minh delivers a speech at the 27th International Conference on the Future of Asia in Tokyo on Thursday. — VNA/VNS Photo Đào Thanh Tùng TOKYO — Deputy Prime Minister Phạm Bình Minh proposed that Asia strengthen its responsibility in keeping and creating a peaceful and sustainable environment for development and prosperity in the region and the world. This should be based on cooperation, understanding, trust, and responsibility, he said, while delivering a speech at the 27th International Conference on the Future of Asia (FOA 2022) in Tokyo on Thursday. He said, entering the third decade of the 21st century, the Asian region is witnessing profound historical changes, with both opportunities and challenges that have long-term impacts on future generations. As the region and the world are focusing resources to handle urgent unprecedented issues, first and foremost, countries need to make responsible contributions, show mutual respect, and equally … [Read more...] about Việt Nam calls for Asia to create peaceful, sustainable environment for world prosperity