Presidency european union 2019

Participants at the event were updated on the current situation of the country's sea and islands, efforts to combat IUU fishing associated with the responsibilities of union members and fishermen towards having the “yellow card” imposed by the European Commission on Vietnamese fishery products removed. According to the Vietnam General Confederation of Labor, the VFTU has 90 chapters in 16 out of 28 coastal provinces and cities, with nearly 18,000 members and over 5,200 fishing vessels of more than 15m in length. In recent years, the VFTU has been proactive in popularizing legal documents on seas and islands and calling on its members and boat owners to combat IUU fishing. It has coordinated with relevant agencies in providing national flags, first aid kits and life vests to fishermen. The trade union has timely issued statements rejecting the unilateral fishing ban in the East Sea (South China Sea) by foreign countries, as well as protesting acts that hinder, drive away, attack … [Read more...] about Vietnam Fisheries Trade Union raises fishermen’s awareness on combatting IUU fishing

Factors potentially triggering the turmoil include monetary tightening, weak economic conditions, mismanagement, loss of confidence, maturity and currency mismatches, as well as instances of outright fraud and criminal activities. Most banks are resilient and avoid such difficulties -- but not all. Consequently, financial authorities must maintain preparedness to intervene whenever necessary, all while avoiding unintended consequences that could potentially sow the seeds of future banking crises. Global banking stress The current banking turmoil is largely due to the cycle of monetary tightening. Since early 2022, central banks have been quick to increase interest rates to bring inflation under control. In the United States, the effective Fed Funds rate increased by 500 basis points in just 14 months, a speed never observed since 1988. The European Central Bank has raised its policy rates by 400 basis points since mid-2022 and indicated that more rate hikes are forthcoming. … [Read more...] about Preparedness crucial in safeguarding banking sector

Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. - The 15th National Assembly's fifth session continued its ninth working day in Hanoi on May 31, under the chair of NA Chairman Vuong Dinh Hue. Moderated by NA Vice Chairman Nguyen Duc Hai, the NA convened a plenary session to discuss the supplementary assessment of the implementation of the socio-economic development plan and State budget for 2022, as well as the performance in the early months of 2023. Read full story - Deputy Prime Minister Tran Hong Ha welcomed Dutch firms and partners to join in the pilot scheme for rooftop solar installation in Vietnam during a reception in Hanoi on May 31 for Dutch Ambassador to Vietnam Kees van Baar. Deputy PM Ha said Vietnam and the Netherlands are strategic partners in climate change adaptation, water management, sustainable agriculture and food security. Read full story VUFO President Ambassador Nguyen Phuong Nga receives … [Read more...] about ☀️ Morning digest June 1

Hotel supply in Vietnam has tripled over the past decade, photo Le Toan According to a report by DKRA Vietnam, the supply of villas and town houses across the country continued to decrease from the end of the second quarter of 2022. Specifically, in April only two projects were opened for sale, providing 12 apartments to the market, down 69 per cent from the previous month and down 98 per cent compared to the same period last year. Particularly, the Central region recorded the fourth consecutive month that no new projects were introduced to the market. “It is expected that in the next few months, supply and demand may increase slightly. However, the market will not have obvious fluctuations with key transactions, except from expected transactions on Phu Quoc island,” according to DKRA’s report. The primary selling price did not alter greatly compared to the previous month. Instead, investors have aggressively launched discounts up to 30-40 per cent to stimulate market … [Read more...] about Second home real estate on the slow path to recovery

It was part of the "Sentiment towards national borders, sea and islands" program, which is held annually by the GDP and military units nationwide. During the program, the organizing board presented gifts to 15 war veterans of no-number ships; 25 families of troops on duty on Truong Sa archipelago, and needy troops. Meanwhile, the MR4’s armed forces presented a "100 VND" house, worth VND 80 million, to Private First Class Tran Xuan Quy from Dong Trach commune, Bo Trach district, Quang Binh province; while the Quang Binh provincial Youth Union Organization handed over two houses, 30 livelihood models to youths’ relatives and schools in the areas. In addition, the organizing board also handed over 1,500 national flags, 400 life jackets to fishermen in the province, together with many other practical gifts, totally worth VND 1.8 billion. On the same day, the organizing board offered incense in tribute to President Ho Chi Minh and fallen soldiers in Quang Binh province, visited and … [Read more...] about Meaningful activities held in response to “Youths and national sea and islands” program