President trump signs executive order

President Nguyen Xuan Phuc speaks at the meeting with the National Assembly deputies group of Ho Chi Minh City. (Photo: SGGP) According to the President, the economic indicators in the first five months of 2022 are encouraging, showing signs of growth in budget revenue, import and export, and agriculture. The macroeconomy has always been maintained and is the outstanding point in operating. Vietnam's vaccination strategy has been implemented drastically and is recognized by the world. However, the signs of inflation are clear, especially when Vietnam's economy has a fairly high openness. The stock market is an important capital mobilization channel, but billions of dollars have been evaporated recently. Therefore, it is necessary to have better measures and methods to support the stock market to stabilize, send capital flows to businesses, create jobs, and determine growth. State President Nguyen Xuan Phuc quoted an article "Not let inflation sweep away underprivileged people" … [Read more...] about President emphasizes importance of timely support for people, enterprises

The gunman, 18-year-old Salvador Ramos, also sent a message on Tuesday saying he was going to shoot his grandmother and another one confirming he had done so, Abbott said at a news conference. Ramos' grandmother, whom the suspect shot in the face shortly before attacking the school, survived and called police. Ramos gave no warning except the online posts. After shooting his grandmother, he fled the home they shared and crashed his car near Robb Elementary School in Uvalde, Texas, about 80 miles (130 km) west of San Antonio. A school police officer approached him outside the building, according to officials, but no gunfire was exchanged. Authorities offered few additional details of that encounter, which is likely to become a focus of investigations, except that the suspect dropped a bag full of ammunition on the ground and ran toward the school when he saw the officer. Ramos then entered the school through a back door carrying an AR-15-style rifle and made his way down two … [Read more...] about Minutes before school attack, Texas gunman sent online warning

Speaking at the group discussion on supplementary assessments of the implementation of the socio-economic development plans and the state budget in 2021 and the first months of 2022, Phuc also stressed social issues that need special attention, especially education, child abuse, drowning and school violence. He pointed to challenges to the national economy in the time ahead such as inflation, impacts of the soaring global energy prices and stock market volatility which requires supportive measures to stay stable. The President recognized the encouraging economic indices in the first five months of 2022, but warned against complacency. He said the Resolution adopted at the 13th National Party Congress sets specific targets by 2025, 2030 and 2045, with continuously high growth. Therefore, it requires strong, drastic measures to reach the targets. Legislators shared the view that despite unprecedented difficulties caused by COVID-19, the country’s socio-economic development still … [Read more...] about Legislators debate socio-economic development, state budget

Illustrative photo (Source: VNA) Hanoi (VNA) - The Bank for Investment and Development of Vietnam (BIDV) and the Asian Development Bank (ADB) on May 25 co-organised a workshop to announce a report on Vietnam’s financial market in 2021 and its 2022 outlook. BIDV Senior Executive Vice President Tran Phuong said it is a result of research by a team of ADB and BIDV experts. This is the first time a Vietnamese financial institution has collaborated with ADB to make a comprehensive assessment report on the Vietnamese financial market, covering the fields of banking, securities, and insurance, he noted. Looking back at 2021, the report states that the world economy recovered quite quickly along with a rapid increase in inflation due to the majority of countries reopening socio-economic activities. The global financial market continued its fast recovery given the new normal condition and strengthened confidence. In that context, Vietnam's economy recovered quite … [Read more...] about BIDV, ADB release report on Vietnam’s financial market

National Assembly deputies were divided into teams to discuss socio-economic achievements and challenges during their third working day in Hà Nội on Wednesday. VNA/VNS Photos Phạm Kiên HÀ NỘI — National Assembly Chairman Vương Đình Huệ yesterday day expressed his concern that this year’s growth target will be hard to reach. He was speaking during the third working day of the third session of the 15th-tenure National Assembly (NA) in Hà Nội. NA deputies reviewed the socio-economic development results in 2021, and discussed plans for further development and budget allocation this year. Discussing the economic growth targets that the 13th Party Congress set for the next five years, NA chair Huệ expressed his worries that the country must try much harder to achieve the gross domestic product (GDP) growth target of 8-8.5 per cent this year. The congress set a GDP growth target of 6.5-7 per cent each year from 2021 to … [Read more...] about Reaching growth target a challenge for this year: NA chair