Political economy uap

Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy

Hanoi (VNA) – Foreign diplomats in Vietnam have provided opinions on Vietnam’s achievements during its period of “Doi moi” (renewal), most notably its economic development, containment of the COVID-19 pandemic, and the forward momentum of the country. Lao Ambassador to Vietnam Sengphet Houngboungnuang said he was delighted to see Vietnam’s outstanding development in the 75-year building of socialism, especially the 35 years of renewal, the 30-year implementation of the platform on national construction during the transitional period to socialism, the five-year realisation of the 12th National Party Congress’s Resolution and the implementation of the 2016-2020 socio-economic development plan. Under the sound leadership of the Communist Party of Vietnam (CPV), the Vietnamese people have gained great, comprehensive, historic achievements, helping to promote the country’s role and prestige in the international arena, he said. Over the past … [Read more...] about 13th National Party Congress: impressions and belief

The Central Economic Committee, when reviewing economic development in the last five years, said the economy continued growing rapidly, 6 percent per annum. The economy has a scale of $340 billion, which has increased by 1.4 times, ranking fourth in ASEAN.  … [Read more...] about Researchers warn of risks for Vietnam in 2021

The congress would see the attendance of 1,587 delegates representing nearly 5.2 million Party members nationwide, Chairman of the Communist Party of Vietnam (CPV) Central Committee’s Commission for External Relations Hoàng Bình Quân said when briefing the diplomatic corps and representatives of international organisations about the preparations for the big event. … [Read more...] about Diplomatic corps, int’l organisations informed about upcoming National Party Congress

Addressing the event, Deputy Foreign Minister Nguyen Quoc Dung thanked ASEAN member countries for supporting Vietnam in 2020, expressing his belief that Brunei will lead the ASEAN through challenges to recover from the pandemic. Vietnam is ready to cooperate with Brunei in performing the role of ASEAN Chair in 2021. The Vietnamese official suggested using the ASEAN fund for COVID-19 response to buy vaccines, first of all for medical staff, adding that Vietnam called on all ASEAN member countries to fully operate the Regional Reserve of Medical Supplies (RRMS). He stressed that the grouping should optimise the outcomes that ASEAN had achieved in 2020, proposing that key agencies in charge of ASEAN Community’s pillars continue to improve and complete the remaining action lines in the master plan for the 2025 ASEAN Community Vision. He also asked ASEAN to early define the roadmap to build the ASEAN vision 2025 based on the Hanoi Declaration on the ASEAN Community’s … [Read more...] about ASEAN senior officials discuss preparations for AMM Retreat