A ship belonging to Vinalines. The company reported a 9 per cent year-on-year decline in its second quarter revenue, which stood at 239 million USD. (Photo: vneconomy.vn) Hanoi (VNA) - The Prime Minister has asked ministries and Government agencies to support maritime shipping firms. The PM instructed the Ministry of Transport to collaborate with the Ministry of Industry and Trade, the State Capital Management Committee and other Government agencies to work with shipping companies – especially those with high shipping volumes – to improve their performance in accordance with Document 118/VPCP-KTN, issued by the Government Office on January 7, 2014. At the same time, the Ministry of Transport was told to work with the ministries of Planning and Investment and Finance, the State Capital Management Committee and other agencies to help shipping firms use funding to develop their fleets. Companies must also hasten their equitisation and strengthen their … [Read more...] about Prime Minister instructs support for shipping firms
Prime minister 50000 loan scheme
Lifetime employment to be removed: Prime Minister
Prime Minister Nguyen Xuan Phuc (Photo: VNA) Hanoi (VNA) – The Government is planning to implement job competition mechanisms and remove its lifetime employment policy to improve the quality of staff, civil servants and officials. In response to legislators’ queries, Prime Minister Nguyen Xuan Phuc said he has directed ministries, departments and localities to implement the Government’s resolutions and the Politburo’s conclusion promoting policies to streamline personnel. He also requested the rearrangement of the apparatus, appropriate job assignment schemes and a restructuring of the contingent of cadres, civil servants and officials. The Government leader also ordered to strictly implement the classification and assessment of civil servants and officials annually to remove unqualified and incompetent individuals. According to the PM, relevant resolutions of the Party Central Committee and the Politburo aim to cut 10 percent of staff of the political … [Read more...] about Lifetime employment to be removed: Prime Minister
Vietnam Book Day helps promote reading culture: Deputy Prime Minister
Deputy Prime Minister Vu Duc Dam speaks at the event (Photo: VNA) Hanoi (VNA) – The establishment of the Vietnam Book Day has contributed greatly to restoring and developing the reading culture, Deputy Prime Minister Vu Duc Dam said at a national conference on April 18 reviewing the impacts of the Book Day since it was first observed five years ago. April 21 every year is designated the Vietnam Book Day under the Prime Minister’s Decision 284/QD-TTg dated February 24, 2014. Deputy PM Dam hailed publishing houses, organisations and individuals who have made great efforts to publish books and send books to remote areas. The mass media have also played an important role in promoting the reading habits and the love for books. For the good habit to continue spreading, the deputy PM requested the Ministry of Information and Communications to compile policies to facilitate book publishing and distribution, noting that there remain several problems in financial and economic … [Read more...] about Vietnam Book Day helps promote reading culture: Deputy Prime Minister
Prime Minister celebrates Chol Chnam Thmay festival with Khmer people
Prime Minister Nguyen Xuan Phuc extends New Year wishes to the Khmer community (Photo: VNA) Can Tho (VNA) – Prime Minister Nguyen Xuan Phuc joined a gathering in the Mekong Delta city of Can Tho on April 6 to celebrate the Chol Chnam Thmay – the traditional New Year Festival of Khmer people in the south, which falls from April 14-16 this year. The majority of Khmer people in the south concentrate in nine Mekong Delta localities of Soc Trang, Tra Vinh, Kien Giang, An Giang, Bac Lieu, Ca Mau, Vinh Long, Hau Giang, Can Tho. There are also Khmer people living in Ho Chi Minh City and southeastern localities. During the festival, Khmer people conduct many traditional rituals such as pagoda visiting and Buddha bathing, aiming to pray for favourable weather conditions and good luck for family members, as well as showing gratitude to parents and ancestors. Addressing the event, PM Phuc extended his New Year wishes to the Khmer community, which number around 1.3 million. He … [Read more...] about Prime Minister celebrates Chol Chnam Thmay festival with Khmer people
Prime Minister urges banks to lend more to stop loan-sharking
A note of a loan-sharking ring near an industrial park in Hanoi that offer loans for workers. Photo by VnExpress/Pham Du Prime Minister Nguyen Xuan Phuc has said banks need to lend more, especially to poor people, to overcome the loan-sharking crisis. He admitted at a conference Wednesday that though loan-sharking is prohibited, the problem persists in many rural areas, causing serious financial harm to people. One reason for its prevalence is the difficulty in getting bank loans. The PM concurred with the World Bank's warning that the ratio of the Vietnamese population without access to credit is high. "Banks are partly responsible for this issue since they have not been able to extend their services to remote and rural areas." The banking sector needs to more proactively coordinate with the Ministry of Public Security to better handle the loan-sharking crisis and make credit more accessible to people, especially the poor, he said. Incomplete statistics from the … [Read more...] about Prime Minister urges banks to lend more to stop loan-sharking