Deputy Prime Minister Lê Minh Khái (right) had talks with WTO Deputy Director-General Zhang Xiangchen on May 25. — VNA/VNS Photo GENEVA — Deputy Prime Minister Lê Minh Khái visited the headquarters of the World Trade Organisation (WTO) in Geneva and had a working session with its Deputy Director-General Zhang Xiangchen on May 25 afternoon (local time). Khái said that after 15 years of WTO membership, Việt Nam has gained numerous achievements in socio-economic development, successfully implemented sustainable development goals, and become one of the world’s largest commodity economies in 2021. He affirmed Việt Nam treasures the organisation’s central role in promoting an open, transparent, rules-based multilateral trading system; and hopes that WTO continues upholding its coordinating role to boost the global trade in an inclusive and equal manner, thus contributing to economic recovery and growth. The Deputy PM suggested that the WTO reform process should ensure a balance of … [Read more...] about WTO welcomes Việt Nam’s active engagement in global economic growth
Socio economic effects of hiv aids
Discussion outcomes will determine Việt Nam’s accession to Indo-Pacific economic initiative: foreign ministry
Spokesperson for the Ministry of Foreign Affairs Lê Thị Thu Hằng at Thursday's press briefing in Hà Nội. — VNA/VNS Photo Phạm Kiên HÀ NỘI — Whether any country, including Việt Nam, will officially accede to the Indo-Pacific Economic Framework for Prosperity (IPEF) unveiled by US President Joe Biden earlier this week, depends on the outcomes of the discussions, foreign ministry spokesperson Lê Thị Thu Hằng said on Thursday. On May 23, the US White House announced the launch of the much-awaited economic initiative, with the claimed dozen of initial partners – Australia, Brunei, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Việt Nam – which together cover 40 per cent of the global GDP. Vietnamese Prime Minister Phạm Minh Chính attended the kickstarting ceremony for the discussions for the framework, Hằng noted, in response to queries on clarification of the first group of participating countries during the press … [Read more...] about Discussion outcomes will determine Việt Nam’s accession to Indo-Pacific economic initiative: foreign ministry
Global effects mar control of inflation
Global food prices are expected to keep on rising this year due to the Ukraine conflict and other factors, Photo: Thanh Tung China’s National Bureau of Statistics (NBS) said on May 11 that the consumer price index (CPI), the main measure of inflation and retail sales, increased by 2.1 per cent on-year in 2021 due to the impact of the recession and skyrocketing energy costs and food prices. Data released by the General Administration of Customs of China on April 13 recorded a decrease in China’s imports for the first time since August 2020. In March, China’s imports fell 0.1 per cent on-year. Assoc. Prof. Dr. Vu Sy Cuong from the Academy of Finance warned last week, “Along with the conflict in Ukraine, China’s economic difficulties could exacerbate inflationary pressures in Vietnam.” China’s slowing growth is clearly felt by many manufacturing and export industries of Vietnam. Pham Van Viet, president of garment firm VitaJean Co., Ltd., said, “Restrictions on raw materials … [Read more...] about Global effects mar control of inflation
Vietnamese, Cuban Party officials hold talks
Roberto Morales Ojeda, Politburo member and permanent member of the Secretariat of the Communist Party of Cuba (PCC) Central Committee. (Photo: VNA) Hanoi (VNA) – 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. At the talks, Thuong informed the Cuban official about Vietnam’s achievements in the COVID-19 fight and socio-economic development, as well as the country’s efforts in implementing the Resolution adopted at the 13th National Party Congress, especially in Party building and rectification, and the combat against … [Read more...] about Vietnamese, Cuban Party officials hold talks
Two Vietnamese agencies elected to ESCAP organisations’ governing councils
The 78th session of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) opened on May 23 in Bangkok. — VNA/VNS Photo BANGKOK — The General Statistics Office (GSO) of Việt Nam and the Việt Nam Institute of Agricultural Engineering and Post-Harvest Technology (VIAEP) on May 25 were elected to the Governing Councils of the Statistical Institute for Asia and the Pacific (SIAP) and the Centre for Sustainable Agricultural Mechanisation (CSAM) under the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The elections were conducted within the framework of the ESCAP’s 78th session held in Bangkok. SIAP is a professional statistics training centre for government officials and others working on official statistics. It offers short- and long-term training specifically to strengthen knowledge and build skills of national governments' employees to produce, use, and share reliable statistics, including for the monitoring of the … [Read more...] about Two Vietnamese agencies elected to ESCAP organisations’ governing councils
Deputy PM works with WTO deputy director-general in Geneva
Deputy Prime Minister Le Minh Khai works with WTO Deputy Director-General Zhang Xiangchen (Photo: VNA) Geneva (VNA) – Deputy Prime Minister Le Minh Khai visited the headquarters of the World Trade Organisation (WTO) in Geneva and worked with its Deputy Director-General Zhang Xiangchen on May 25 afternoon (local time). Khai said that after 15 years of WTO membership, Vietnam has gained numerous achievements in socio-economic development, successfully implemented sustainable development goals, and become one of the world’s largest commodity economies in 2021. He affirmed Vietnam treasures the organisation’s central role in promoting an open, transparent, rules-based multilateral trading system; and hopes that WTO continues upholding its coordinating role to boost the global trade in an inclusive and equal manner, thus contributing to economic recovery and growth. The Deputy PM suggested that the WTO reform process should ensure a balance of rights and obligations, … [Read more...] about Deputy PM works with WTO deputy director-general in Geneva
Vietnam eyes stronger trade, investment cooperation with South Africa
Vietnamese Ambassador to South Africa Hoang Van Loi (R) at the seminar (Photo: VNA) Pretoria (VNA) - Vietnamese Ambassador to South Africa Hoang Van Loi has led a delegation of Vietnamese representative agencies in South Africa to attend a seminar on ASEAN investment held by the Department of International Relations and Cooperation (DIRCO) of South Africa and the Northern Cape provincial government in Kimberley city. This an initiative of the ASEAN Committee in Pretoria and is the first seminar on ASEAN investment organised in a South African locality. It also opened a series of events to explore opportunities for investment and trade cooperation between ASEAN member countries and South Africa in general and the Northern Cape province in particular. In his speech, Ambassador Loi briefed participants on Vietnam’s socio-economic development, major development orientations, as well as potential and opportunities to strengthen economic, trade, investment and tourism … [Read more...] about Vietnam eyes stronger trade, investment cooperation with South Africa
Opportunities for e-commerce in Vietnam to boom
Illustrative image. (Photo: SGGP) According to Mr. Nguyen Ngoc Dung, Chairman of Vietnam E-commerce Association (Vecom), in 2021, despite being heavily affected by the Covid-19 pandemic, Vietnam's e-commerce still maintained a good growth momentum with an increase of about 20 percent and a scale of $16 billion. Keeping the growth momentum, Vietnam is now one of the countries with the largest e-commerce market size in the region, besides Indonesia, Thailand, and Malaysia. Vietnam's internet economy in 2021 grew by 31 percent compared to 2020 and reached a scale of $21 billion. Of which, the online retail sector enlarged by 53 percent and touched a scale of $13 billion. There are two waves that have contributed to the steady development of e-commerce in Vietnam in 2020 and 2021 and will be the driving force for the next period. The first wave took place during the early stages of the Covid-19 pandemic in 2020, and the second one from June to September 2021, during the fourth … [Read more...] about Opportunities for e-commerce in Vietnam to boom
Vietnam, Cambodia continue completing demarcation: Spokesperson
Vietnam and Cambodia signed a treaty on demarcation in 1985 and supplemented the document twice. Vietnam and Cambodia are working on completing the remaining 16% of the demarcation work, a Vietnamese spokesperson said today, adding that negotiations on this issue are on the way. Spokesperson Le Thi Thu Hang of the Vietnamese Ministry of Foreign Affairs said in answering a question on the issue raised at a press conference on May 26. “Completing the demarcation and planting border markers build the Vietnam-Cambodia borderline of peace, friendship, and sustainable development is the long-standing legitimate aspiration of the two peoples,” Hang said. Demarcation market No.240 along the Vietnam-Cambodia border. Photo: Ngoc Vien Nguyen/Panoramio In this regard, the two countries have marked off 1,045 km of the borderline or fulfilled 84% of the work. The achievements are essential for traveling, trading, friendship activities, as well as socio-economic … [Read more...] about Vietnam, Cambodia continue completing demarcation: Spokesperson
Hanoi needs to remove barriers to develop high-tech agriculture
The Hanoi government will improve mechanisms and policies to encourage the participation of the private sector in the field of high-tech agriculture. Hanoi needs to remove two barriers of capital and land to attract businesses to invest in high-tech agriculture, according to local media. Applying high-tech in agriculture is inevitable for the capital city’s farming sector, especially in face of the Industrial Revolution 4.0 which has strong impacts on socio-economic life. In order to remove the agricultural development hindrance, the Hanoi government has implemented a number of solutions such as providing businesses, cooperatives, cooperative groups, farms, and households with money from the city's funds for processing and conservation of high-tech agricultural products. Tending hydroponic vegetables at Duc Phat High-tech Agricultural Cooperative (Thanh Tri district). Photo: Ba Hoat In particular, under the Hanoi Agricultural Sector’s restructuring plan … [Read more...] about Hanoi needs to remove barriers to develop high-tech agriculture