Socio economic define

Industrial parks in Hanoi are home to 707 operational projects with a combined investment capital of $7 billion, half of which came from foreign investors. Hanoi would accelerate the planning for industrial parks in the city during the 2021-2030 period, with a short-term goal of putting into operation five new ones before 2025. Deputy Secretary of the Hanoi Party Committee Nguyen Thi Tuyen at the ceremony. Photo: The Hanoi Times Deputy Secretary of the Hanoi Party Committee Nguyen Thi Tuyen gave the remarks at the signing ceremony of a cooperation agreement between the Hanoi Industrial and Export Processing Zones Authority (HIZA) and local districts on industrial parks management on May 26. According to Tuyen, the city would continue allocating land for the construction of social housing and other supporting facilities of industrial parks and hi-tech zones in Hanoi. Tuyen highlighted the effective cooperation between the authorities at the district level … [Read more...] about Hanoi accelerates planning for industrial parks

Visitors at the three-day (May 26-28) Smart City Asia 2022 expo being held in HCM City. — VNS Photo Bồ Xuân Hiệp HCM CITY — The newly established Thủ Đức City should strive to become an innovation hub that will attract investments as well as a talented workforce from around the world, officials and experts said at a seminar on Friday. Dương Anh Đức, vice chairman of HCM City People’s Committee, said the city was developing a master plan for Thủ Đức City until 2040, including strategies to create a knowledge-based economy with a highly skilled workforce. It is also developing a centralised database on land use, transportation, canals and other public works in Thủ Đức, he added. Hoàng Tùng, chairman of the Thủ Đức City People’s Committee, said it should be given greater decision making and policy making autonomy to grow its innovation capacity and become more competitive. Nguyễn Thị Đoan Trang, head of Thủ Đức Urban Management Department, said it would be developed … [Read more...] about Innovation hub at the heart of Thủ Đức smart city plan

At the meeting, Secretary of the City Party Committee of Ho Chi Minh City Nguyen Van Nen expressed his pleasure to visit and work in Savannakhet province, the hometown of President Kaysone Phomvihane, a land rich in revolutionary traditions and the attachment of the Vietnam - Laos fighting alliance. Secretary of Ho Chi Minh City Party Committee Nguyen Van Nen (L) shakes hands with Secretary of Provincial Party Committee, Governor of Savannakhet Province Santiphap Phomvihane (Photo: SGGP) Mr. Nen informed about the socio-economic situation of Ho Chi Minh City in recent years. After the Covid-19 pandemic, the southern metropolis’ socio-economic situation gradually recovered and developed. Currently, Ho Chi Minh City is continuing to focus on building and perfecting institutions, mechanisms, and policies in order to maximize all resources to restructure the economy, renew the growth model as well as strengthen urban area management capacity, promote digital transformation, reform … [Read more...] about HCMC, Savannakhet Province sign Memorandum of Understanding in 2022-2025

The administration of Binh Duong province, in collaboration with the Vietnamese Consulate General in Sydney and Becamex IDC Corporation, organized an investment promotion seminar in Sydney on May 27. Binh Duong promotes investment opportunities in Australia. (Photo: baobinhduong.vn) In his remarks, Consul General Nguyen Dang Thang introduced to Australian officials and businesses the potential for expanding trade and investment in Vietnam, affirming that the two countries have treasured a close relationship in various fields, including politics, diplomacy, trade and investment. Despite the impact of the COVID-19 pandemic, he said, two-way trade turnover between Vietnam and Australia reached a record high of more than US$12.4 billion in 2021, a year-on-year rise of 49.45%. The first four months of this year alone also saw bilateral trade grow impressively, reaching US$4.8 billion, up 32.37% compared to the same period of last year. With regard to investment, as … [Read more...] about Vietnam seeks Australian investment opportunities in Sydney

HÀ NỘI — The Australian-funded Gender Responsive Equitable Agriculture and Tourism (GREAT) programme hosted a symposium, Engaging Women in Markets – Scaling up Local Successes Nationwide, in Hà Nội on Friday. Throughout the day, the GREAT programme team and Government of Việt Nam representatives discussed evidence and lessons learned from the GREAT Programme that can help inform Việt Nam’s National Target Programmes (NTPs) implementation. The NTPs and GREAT both aspire to stronger socio-economic opportunities in Việt Nam’s northwest region, particularly for the ethnic communities that call the region home. Australian Ambassador Robyn Mudie talks to a successful woman joining the project in Sơn La Province at the symposium. Photo Phạm Huy GREAT is Australia’s most significant gender investment in Việt Nam, totalling AU$33.7 million (US$24.1 million). The programme works with businesses, NGOs, government and civil society partners to build more inclusive business and market … [Read more...] about Australia and Việt Nam work together on gender equality for stronger economies

Australian Ambassador Robyn Mudie talks to a successful woman joining the project in Son La province at the symposium. (Photo: VNA) Hanoi - The Australian-funded Gender Responsive Equitable Agriculture and Tourism (GREAT) programme hosted a symposium, Engaging Women in Markets – Scaling up Local Successes Nationwide, in Hanoi on May 27. Throughout the day, the GREAT programme team and Government of Vietnam representatives discussed evidence and lessons learned from the GREAT Programme that can help inform Vietnam’s National Target Programmes (NTPs) implementation. The NTPs and GREAT both aspire to stronger socio-economic opportunities in Vietnam’s northwest region, particularly for the ethnic communities that call the region home. GREAT is Australia’s most significant gender investment in Vietnam, totalling 33.7 million AUD (24.1 million USD). The programme works with businesses, NGOs, government and civil society partners to build more inclusive business and market systems … [Read more...] about Australia, Vietnam work together on gender equality for stronger economies

Illustrative photo. (Source: VNA) Hanoi (VNA) – The S&P Global Ratings on May 26 raised its long-term sovereign credit rating on Vietnam to “BB ” with a “stable” outlook on the back of strong economic recovery, according to the Ministry of Finance. It is a very positive move when S&P Global Ratings upgraded Vietnam’s sovereign credit rating amidst numerous global uncertainties and challenges, the ministry said in a statement, adding that it reflects an international recognition of Vietnam’s efforts to stabilise and recover the macro-economy and reinforce the socio-political foundation. Vietnam is one of the only two Asia-Pacific nations that have had its ratings upgraded since the beginning of this year, factoring in that Vietnam’s economy remains on a solid track to recovery following the complete removal of domestic and cross-border mobility restrictions, outstanding improvement in COVID-19 vaccination rates and a flexible shift in virus control strategy. It is … [Read more...] about G&P Global Ratings raises Vietnam’s sovereign credit rating

Hanoi, (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. – Senior Party officials of Vietnam and Cuba have agreed that amid the COVID-19 pandemic, regular meetings and exchanges between the two Parties and countries vividly demonstrate their special friendship. Vo Van Thuong, Politburo member and permanent member of the Secretariat of the Communist Party of Vietnam (CPV) Central Committee held online talks with Roberto Morales Ojeda, Politburo member and permanent member of the Secretariat of the Communist Party of Cuba (PCC) Central Committee on May 26. Read full story - Asia needs to play a greater role in maintaining and fostering a peaceful and stable environment conducive to development and prosperity in the region and beyond, on the shared basis of cooperation, understanding, trust and responsibility, Standing Deputy Prime Minister Pham Binh Minh has said. Minh made the suggestion while delivering his remarks at the 27th … [Read more...] about ☀ Morning digest on May 27

Delegates at the grand opening ceremony of GO! Lao Cai. — VNS Photo Central Retail Viet Nam on Friday launched its GO! Mall on Urban Sub-area 13, Tran Hung Dao Street, Bac Lenh Ward, Lao Cai City. It is its 39th shopping centre in Viet Nam, but the first of its kind in the northwest area. The opening of GO! Lao Cai comes as the company celebrates its 10th anniversary in Viet Nam. Built on a total area of 30,000sq.m with an investment of VND300 billion (US$12.9 million), GO! Lao Cai is the largest and most modern shopping mall of Central Retail in Lao Cai. The mall is expected to provide a wide range of products from essential goods, and fast-moving consumer goods to household electrical appliances and entertainment services to meet local demands, from basic to high standards. Speaking at the opening ceremony, Olivier Langlet, General Director of Central Retail Viet Nam, hoped that the presence of GO! Lao Cai can bring convenience to local people's lives, enhancing their … [Read more...] about The first GO! Mall in Lao Cai officially launched

The conference was held via videoconference on May 26 (Photo: VNA) Hanoi (VNA) - Assistant Minister of Foreign Affairs Do Hung Viet and Israel Ministry of Foreign Affairs’ Political Director Alon Bar co-chaired the fourth political consultation conference between the two ministries via videoconference on May 26. Viet and Bar briefed each other on the political and socio-economic situation in their respective countries, and highly valued the positive progresses in the all-round cooperation between Vietnam and Israel over the years, especially in politics, diplomacy, economy, science-technology, and startup. Viet welcomed the organisation of the fourth consultation conference, describing it as an effective mechanism for reviewing and enhancing the effectiveness of the cooperation between the two countries. He affirmed that Vietnam highly values and hopes to promote multifaceted ties with Israel , and thanked the Israeli Government and businesses for assisting … [Read more...] about Vietnam, Israel convene fourth political consultation