The capital city is committed to accompanying the business community in promoting industrial products using advanced and environmentally friendly technologies with high-added value. Hanoi is pushing for the development of industrial infrastructure and key industrial products, seen as the driving force for the capital city’s sustainable economic growth. Thang Long Industrial Park in Dong Anh District, Hanoi. File photo During the first six months of 2022, the municipal Department of Industry and Trade started the construction of six industrial parks and is working on accelerating 38 other projects in the city. For the 2021-2025 period, Hanoi aims for supporting industries to make up 30% of the total value of industrial production, an increase of 5% from the current level; raise the value of key industrial products to 40-45% of total industrial production, and expects 10% of businesses in Hanoi to stay among Vietnam’s top 500 companies. To realize this goal, … [Read more...] about Hanoi promotes industrial infrastructure development for sustainable growth
Socio economic development projects
G2B conference looks to boost economic recovery
Presided over by Prime Minister Pham Minh Chinh, the hybrid event brought together cabinet members, representatives from Party and National Assembly’s committees, local administrations, industry leaders, and businesses. It is also an opportunity for the two sides to discuss how the global uncertainties are impacting the country’s socio-economic growth, and chalk out ways to boost production for a faster and more sustainable economic recovery and development. Addressing the event, the PM said thanks to tireless efforts over the last two years, Vietnam has managed to contain the COVID-19 pandemic, with stable macro-economy, inflation under control and positive economic growth, and others. The conference is held for the Government to learn about private enterprises’ losses and challenges facing them during the two years of the pandemic and honor the business community for having made contributions to the country at the time of hardship, Chinh said. Urging for the development of an … [Read more...] about G2B conference looks to boost economic recovery
Vietnam, UN sign strategic framework for sustainable development cooperation
The strategic framework signing ceremony in Hanoi on August 11 (Photo: Ministry of Planning and Investment) Minister of Planning and Investment Nguyen Chi Dung, as assigned by Vietnamese Prime Minister Pham Minh Chinh, and UN Resident Coordinator in Vietnam Pauline Tamesis signed the document. The Strategic Framework for Sustainable Development Cooperation 2022 - 2026 guides and steers the Government of Vietnam and the UN’s collaboration on accelerating progress to achieve the Sustainable Development Goals (SDGs). It highlights the joint commitment to deliver sustainable development for all. Speaking at the signing ceremony, Dung said that the CF will be implemented at a time when Vietnam has strengthened its post-pandemic economic recovery, responded to climate change and transitioned to a green, circular economy. The Government has also been making efforts to improve institutions and policies in order to mobilize resources from all economic sectors to develop the country. … [Read more...] about Vietnam, UN sign strategic framework for sustainable development cooperation
Ministry facilitates rural industrial development
A letter signed by Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan asks provinces and cities to review, amend, supplement and improve their industry promotion regulations, prepare local industry promotion programs for 2023 to 2025, develop technical and economic standards for industry promotion activities, create favorable conditions for local departments of industry and trade to help local people’s committees perform state management of industry promotion, and strengthen the inspection, supervision and evaluation of industry promotion activities. Helping rural industrial establishments recover and develop production and trading in the post-COVID-19 period is a task of departments of industry and trade According to the official letter, departments of industry and trade must ensure efficient, on-time implementation of their 2022 national and local industry promotion plans, help rural industrial establishments recover and develop production and trading in the … [Read more...] about Ministry facilitates rural industrial development
Vietnam, U.N. sign strategic framework for sustainable development cooperation
Minister of Planning and Investment Nguyen Chi Dung, as assigned by Vietnamese Prime Minister Pham Minh Chinh, and U.N. Resident Coordinator in Vietnam Pauline Tamesis, signed the document. The Strategic Framework for Sustainable Development Cooperation 2022 - 2026 guides and steers the Government of Vietnam and the U.N.’s collaboration on accelerating progress to achieve the Sustainable Development Goals (SDGs). It highlights the joint commitment to deliver sustainable development for all. Speaking at the signing ceremony, Dung said that the CF will be implemented at a time when Vietnam has strengthened its post-pandemic economic recovery, responded to climate change and transitioned to a green, circular economy. The Government has also been making efforts to improve institutions and policies in order to mobilize resources from all economic sectors to develop the country. “Together with other development partners, the U.N. plays an important role in supporting Vietnam in its … [Read more...] about Vietnam, U.N. sign strategic framework for sustainable development cooperation
PM asks for greater efforts to promote sustainable recovery
Chairing at a Government to Business (G2B) conference on August 11, PM Chinh said thanks to tireless efforts over the last two years, Vietnam has managed to contain the COVID-19 pandemic, with stable macro-economy, inflation under control and positive economic growth. He asked for more efforts to improve the business and investment environment and accelerate the reform of administrative procedures; build industry strategy and planning; and develop socio-economic infrastructure, towards creating favorable for businesses to build long-term and sustainable business, production and investment orientations. Attention should be paid to renewing business and production models, restructuring enterprises in association with digital transformation and innovation in order to find new opportunities for businesses, he said. Business associations must uphold their role in supporting their member enterprises, especially promoting connection activities to help businesses overcome difficulties, … [Read more...] about PM asks for greater efforts to promote sustainable recovery
Vietnam mulls ways to boost inbound travel
Foreign tourists visit the Independence Palace in HCM City on August 8. (Photo: VNA) HCM City (VNS/VNA) - Strict visa policies and a shortage of human resources and infrastructure in the tourism sector have stymied recovery of the travel industry, and the target of five million international arrivals this year could be out of reach, industry players have warned. Domestic travel has seen a strong rebound whereas international tourism, with a target of five million arrivals this year, remains in a slump, said Vu The Binh, Chairman of the Vietnam Tourism Association. Domestic visitor numbers topped 71.1 million in just the first seven months of this year against a full-year target of 60 million, he said. In the same period there were only 733,000 international visitors, or 8% of pre-pandemic numbers, he told a two-day programme titled ‘Lien Ket Suc Manh Du Lich Vietnam Nam 2022’ (Power of Vietnam Tourism Linkages) that ended in Ho Chi Minh City on August 9. Though … [Read more...] about Vietnam mulls ways to boost inbound travel
Vietnamese cultural week underway in Cambodia
At the ceremony (Photo: VNA) Phnom Penh (VNA) – A Vietnamese cultural week was kicked off in Cambodia at a ceremony held in the capital Phnom Penh on August 10. As part of the activities marking the 55th anniversary of Vietnam – Cambodia diplomatic relations, the event runs in Phnom Penh and Siem Reap until 14. Its opening ceremony featured songs and traditional dances performed by Vietnamese and Cambodian art troupes. In his opening speech, Deputy Minister of Culture, Sports and Tourism Hoang Dao Cuong highlighted the nations’ solidarity, traditional friendship and cooperation, and good neighbourliness. The bilateral ties have grown robustly over the past more than five decades, bringing about important political, socio-economic, cultural, and educational outcomes and practical benefits for the two peoples, he affirmed. Their regular organisation of cultural programmes is key to increasing the countries’ solidarity, friendship, mutual understanding and … [Read more...] about Vietnamese cultural week underway in Cambodia
Hanoi commits to taking relations with Vientiane to new height
The Hanoi-Vientiane cooperation has constantly been improved in all spheres via a growing number of development projects between the two. Hanoi has been giving priority to fostering solidarity and friendship with Laos’ provinces/cities, especially Vientiane, and aims to take bilateral relations to a new height. Overview of the meeting. Photos: Pham Hung “Hanoi considers its partnership with Vientiane a major part in the foreign affairs policy.” Former Secretary of Hanoi Party Committee Pham Quang Nghi gave the remarks during a meeting with Secretary of the Vientiane Party Committee Anouphap Tounalom on August 11. Tounalom is leading Vientiane’s high-ranking delegation in a visit to Hanoi from August 9 – 14. According to Nghi, based on the close ties between Vietnam and Laos, the Hanoi-Vientiane cooperation has constantly been improved in all spheres via a growing number of development projects between the two. Nghi applauded the efforts from both … [Read more...] about Hanoi commits to taking relations with Vientiane to new height
3rd HCMC Creative Awards receives entries by the end of next March
At the press conference The biennial contest opening for Vietnamese people at home and abroad has seven categories, including economic growth, national defense, state management, communications, culture and arts, science and technology, and innovative startup, Deputy Head of the municipal Reward and Emulation Board Nguyen Hoang Hung said. This year’s competition will focus on discovering measures for the city’s economic development, works and solutions in studying and following President Ho Chi Minh's ideology, morality and lifestyle, mass mobilization activities, national defense and security tasks. The entries have been applied in practice from March 1, 2021, to March 31, 2023, and contributed to solving urgent issues in building and developing the city, or won awards in major competitions. The works must present their creativity, widespread application and immediate effect. An award-winning work reforming administrative procedures at the 2nd HCMC Creative Awards … [Read more...] about 3rd HCMC Creative Awards receives entries by the end of next March