Socio economic or socio economic

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

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

Chairwoman of the NA’s Committee for Social Affairs Nguyen Thuy Anh delivers a verification report on the draft revised Law on Domestic Violence Prevention and Control on May 27. (Photo: VNA) Hanoi (VNA) – The draft revised Law on Domestic Violence Prevention and Control was submitted to the National Assembly (NA) at its ongoing third session in Hanoi on May 27. Authorised by the Prime Minister, Minister of Culture, Sports and Tourism Nguyen Van Hung presented the proposal, noting that after nearly 15 years of enforcement, the law has helped improve public awareness of domestic violence prevention and control, thus protecting victims, dealing with domestic violence and legal violations, and improving gender equality in families. However, despite certain achievements, domestic violence remains a problem. Given this, the amendments aim to improve regulations so as to better protect human rights under the 2013 Constitution, enhance the efficiency and effectiveness of … [Read more...] about Draft revised law on domestic violence control submitted to parliament

Permanent Deputy Prime Minister Phạm Bình Minh has paid courtesy call to Japanese Prime Minister Kishida Fumio during the trip to Japan to attend the International Conference on the Future of Asia. — VNA/VNS Photo HÀ NỘI — During the visit to Japan, Permanent Deputy Prime Minister Phạm Bình Minh has paid courtesy calls to Japanese Prime Minister Kishida Fumio and several other Japanese high-ranking officials on May 26-27. During the meetings, Deputy PM Minh said Việt Nam always considers Japan as an extensive, reliable, and important strategic partner, hoping that the two sides would continue to implement important agreements and common understandings obtained during the official visits of PM Phạm Minh Chính and PM Kishida Fumio, contributing to the promotion of bilateral relations. The Deputy PM emphasised that as the two sides are reopening with the COVID-19 situation under control, Việt Nam and Japan must continue to exchange high-level delegations, especially through … [Read more...] about Vietnamese Deputy PM calls for investment from Japan in meeting with PM Kishida

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

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

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

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

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

Deputy Prime Minister Pham Binh Minh at a meeting with President of the House of Councillors Santo Akiko (Photo: VNA) Tokyo (VNA) – Deputy Prime Minister Pham Binh Minh has expressed his hope that Japanese leaders will encourage local businesses to increase investment and diversify supply chains in Vietnam. Minh made the call during meetings with Japanese leaders as part of his trip to Japan to attend the 27th International Conference on the Future of Asia from May 26-27. The Deputy PM paid a courtesy visit to Japanese Prime Minister Kishida Fumio, and met with Speaker of the House of Representatives Hosoda Hiroyuki, President of the House of Councillors Santo Akiko, Chairman of the Japan - Vietnam Parliamentary Friendship Alliance Nikai Toshihiro, Secretary General of the Liberal Democratic Party Toshimitsu Motegi and public relations chief of the Party Taro Kono, Minister of Foreign Affairs Yoshimasa Hayashi, Minister of Economy, Trade and Industry Hagiuda Koichi, and … [Read more...] about Deputy PM calls for more Japanese investment in Vietnam