Region 9 economic development

Vietnam has made good progress in human development, with an average annual Human Development Index (HDI) growth of 1.36 per cent during the 1990-2018 period. A group of ethnic minority women in the mountainous district A Luoi in the central province of Thua Thien-Hue receive training on making brocade products commercially, as part of a programme by Vietnam Rural Industries Research and Development Institute and USAID aiming to promote sustainable development in the area. VNA/VNS Photo Ho Cau This places Vietnam among the group of countries with the highest HDI growth rates in the world. This is one of the key finding of the 2019 Human Development Report, released on Monday by the United Nations Development Programme (UNDP) entitled “Beyond income, beyond averages, beyond today: Inequalities in human development in the 21st Century.” Addressing the report launch in Hanoi, UNDP Resident Representative Caitlin Wiesen said the 2019 Human Development Report disclosed … [Read more...] about Vietnam makes progress in human development: experts

Representatives from the embassies of ASEAN countries in Vietnam attend a seminar to discuss the agenda for the World Economic Forum on ASEAN 2018 (Photo: VNA) Hanoi (VNA) – The World Economic Forum on ASEAN (WEF ASEAN) 2018 will take place in Hanoi from September 11-13 under the theme “ASEAN 4.0: Entrepreneurship and the Fourth Industrial Revolution”. Ahead of the event, diplomats shared their viewpoints on the organisation of the WEF ASEAN as well as the opportunities and challenges for the Association of Southeast Asian Nations (ASEAN) amid Industry 4.0. Malaysian Ambassador to Vietnam Zamruni Khalid expressed his support for Vietnam hosting the forum, as the country has experience in organising successfully the APEC Year 2017. Vietnam will be successful in organising the WEF ASEAN, he believed. While evaluating opportunities and challenges offered by Industry 4.0, he said ASEAN countries could learn from each other to promote the movement and run … [Read more...] about WEF ASEAN meets common concerns of regional countries and beyond

Vinh Phuc has planned to develop a total of 50 industrial parks and clusters, covering a total area of ​​more than 5,890ha. — Photo banqlkcn.vinhphuc.gov.vn The northern province of Vinh Phuc has become popular among domestic and foreign investors thanks to its breakthrough on socio-economic development, favourable location, young population and abundant labour force and a high proportion of trained workers. Located close to Ha Noi, Vinh Phuc has to date attracted 752 domestically-invested projects with a total registered capital of more than VND78 trillion (US$3.34 billion). It has also lured 378 foreign-financed projects worth more than $5 billion. These impressive results are attributable to the province’s endless efforts to improve its investment climate and to facilitate investors to solve challenges to implement their projects in a timely manner. In the past, the province has always ranked high on the Provincial Competitive Index (PCI) which has been … [Read more...] about Vinh Phuc emerges as an attractive investment destination

After reaching a consensus with the People’s Committee of Tay Ninh Province, the HCM City People’s Committee has petitioned the PM and Ministry of Transport for permission to call for investment for the HCM City-Moc Bai Expressway project. The HCM City – Moc Bai Expressway is expected to improve economic development in Tay Ninh Province. — Photo tphcm.chinhphu.vn The expressway, which will be nearly 53.5 kilometres long, will link Ring Road No 3 in HCM City’s Hoc Mon District with Moc Bai, an international border gate between Vietnam and Cambodia in the southeastern province of Tay Ninh. The expressway project will be divided into two investment phases under Public-Private Partnership and Build-Operate-Transfer models, according to a statement from the HCM City People’s Committee issued earlier this week. In the first phase, the entire expressway will be built with four lanes. The total capital for the phase is expected to be nearly … [Read more...] about HCM City seeks investment for HCM City-Moc Bai Expressway project

Ambassador Duong Chi Dung, Head of the Vietnamese Permanent Delegation to the UN in Geneva, attends the 40th meeting of the UN Human Rights  Council in March, 2019. (Photo: VNA) The world will celebrate the 71st anniversary of the UN General Assembly’s adoption of the Universal Declaration of Human Rights on December 10. The Declaration presented the international community’s common values of human rights and laid a foundation for other human rights covenants, including the Covenant on Civil and Political Rights, the Covenant on Economical, Social, and Cultural Rights, and covenants on the rights of children, women, and persons with disabilities. Since the war, Vietnam has made every effort to build a socialist state governed by law, a state of the people, by the people, and for the people, and improve its laws on human rights. Effort to promote human rights of all people Vietnam’s 2013 Constitution has a chapter on Human Rights and Rights and … [Read more...] about Vietnam’s contributions to global human rights