The delegation also included Senior Lieutenant General Phan Van Giang, Chief of the General Staff of the Vietnam People’s Army (VPA) and Deputy Defense Minister; Senior Lieutenant Generals Be Xuan Truong and Le Chiem, Deputy Defense Ministers; and Senior Lieutenant General Nguyen Phuong Nam, Deputy Chief of the VPA’s General Staff. General Ngo Xuan Lich addresses the event. At the working session, Hoang Xuan Anh, Chairman of the provincial People’s Committee, briefed the delegates on local achievements in socio-economic development, defense-security work, and Party building, as well as their targeted tasks in the coming time. Particularly, the province has paid due attention to building up the whole people's defense and security postures while effectively combining local socio-economic development with defense-security missions. Cao Bang’s authorities also have actively and proactively directed military units to strictly maintain combat … [Read more...] about Defense Minister works in Cao Bang province
Socio economic development
International integration contributes to national defense and security
This conference aims to comprehensively assess the results attained by the Government in implementing the 11th Politburo’s Resolution No. 22-NQ/TW dated April 10, 2013 on international integration, and the 12th Party Central Committee’s Resolution No. 06-NQ/TW dated November 5, 2016 on effectively implementing the process of international integration and maintaining socio-political stability in the context of Vietnam’s participation in new-generation free trade agreements,” with a focus on the period of 2014-2019. The conference will also draw lessons and propose appropriate measures to strengthen international integration in the coming time. Deputy Foreign Minister Bui Thanh Son granted reporter of the People’s Army Newspaper on the outcomes of the country’s international integration in recent years, with a focus on the defense and security fields. Reporter: What political, defense and security outcomes do you think the international … [Read more...] about International integration contributes to national defense and security
90% of social insurance fund invested in G-bonds
The main investment forms of the social insurance fund are the purchase of G-bonds, the loans for State budget and deposits at commercial banks. — Photo tinnhanhchungkhoan.vn About 90 per cent of social insurance funds are currently invested in government bonds (G-bonds), Dao Viet Anh, deputy general director of Viet Nam Social Security (VSS) said at a seminar last week. The annual average investment interest rate of the entire social insurance fund in 2017 was 7.25 per cent. Anh said that when investing, the VSS always considered factors such as market, liquidity and especially the safety of the fund. The social insurance fund invested in G-bonds helped secure the fund while raising capital for development investment, contributing to the restructuring of public debt and overspending, Anh said. The participation of the social insurance fund in the government bond market also significantly increased the term of government bonds. If in the past, the longest term for G-bonds was … [Read more...] about 90% of social insurance fund invested in G-bonds
Ho Chi Minh Trail’s ending point recognised as special national relic
At the ceremony (Photo: VNA) Addressing a ceremony in Dong Xoai city of Binh Phuoc on May 10 to announce the decision, Vice Chairman of the provincial People’s Committee Nguyen Tien Dung recalled that during the war, the nearly 17,000km Ho Chi Minh Trail helped transport weapons and soldiers to the battlefields, contributing to the success of the Ho Chi Minh Campaign in 1975 to liberate and reunite the country. The strategic trail started from the central province of Nghe An and ran through Ha Tinh, Quang Binh, Quang Tri, Thua Thien-Hue, Quang Nam, Kon Tum, Gia Lai, Dak Lak, Dak Nong and ended in Binh Phuoc. It passed through dense areas of jungle, and served the supply of weapons, goods, food, and military equipment from the North to the South during the country’s resistance war. The ending point of the trail, about 35km from Dong Xoai city and 80km from Ho Chi Minh City, was recognised as a special national relic on December 24, 2018 following the Prime … [Read more...] about Ho Chi Minh Trail’s ending point recognised as special national relic
