State budget revenue

DoIC is giving instruction on IOC to leaders of districts. (Photo: SGGP) DoIC stressed that it is necessary for HCMC to use shared databases in order to save operation costs, taken from the state budget. The current regulation states that there are 110 city-level and 40 district-level socio-economic indexes to be uploaded to be uploaded to the system. As many districts and Thu Duc City have already established their own IOC, Deputy Director of DoIC Le Quoc Cuong reminded the local authorities that along with good technological solutions, there must be a corresponding operation mechanism and regulations, as well as frequent data updates to ensure precision. This means close monitoring of district leaders so that IOCs can first help management tasks, and then better serve citizens. That was wholeheartedly agree by all localities. Director of DoIC Lam Dinh Thang is delivering his speech. (Photo: SGGP) Director of DoIC Lam Dinh Thang once more stated that IOCs are an … [Read more...] about HCMC discussing ways to effectively use IOCs

Workers of Thanh Cong Textile Garment Investment Trading Joint Stock Company. — Photo thanhcong.com.vn Thanh Cong Textile Garment Investment Trading JSC announced its business results in which revenue reached VND393 billion (US$17 million) last month, a year-on-year increase of 21 per cent. The largest contribution comes from the garment segment accounting for 78 per cent, fabric production 14 per cent and yarn 7 per cent. The company's total profit after tax reached VND19.2 billion last month, an increase of only 1 per cent over the same period last year. In the first four months of the year, the revenue of the company hit VND1.5 trillion, up 19 per cent; and profit after tax reached VND88 billion, up 14 per cent. The company’s leaders said that they expected an estimated revenue of more than VND4.2 trillion this year, a year-on-year growth of 18 per cent. In particular, the company sets a profit after tax target at VND253.8 billion this year, an increase of more than … [Read more...] about Thanh Cong Textile Garment reports revenue increase of 21 per cent

A wind power project in the northern province of Ninh Thuan. — Photo evn.com.vn The Vietnamese economy’s unparalleled exposure to multinational corporations and the global consumer market calls for a pragmatic alignment between the country’s renewable energy strategy and the decarbonisation commitments of the global brands, according to IEEFA’s latest report on Viet Nam. “Multinational corporations responsible for up to US$150 billion of Viet Nam’s export revenues have made specific pledges on carbon neutrality or decarbonisation of varying scope and timelines,” said Thu Vu, energy finance analyst leading the Vietnamese market coverage for IEEFA. “These brands’ journey toward sustainability progress is one in which Viet Nam can not afford to ignore or miss out on.” Viet Nam is currently the largest exporter of goods in developing Southeast Asia. With nearly 60 per cent of the exports being manufactured goods for the big brands, its growing role in the global supply chain … [Read more...] about IEEFA: Viet Nam’s manufacturing future rests on a credible renewable energy game plan

The Party Central Committee ’s Inspection Commission holds the 15th session in Hanoi on May 16 and 17. (Photo: VNA) Hanoi (VNA) – Disciplinary measures have been issued for current and former officials of the Ministry of Science and Technology (MoST), the Ministry of Health (MoH) and the State Securities Commission of Vietnam (SSC) for previous wrongdoings. The decisions were made at the 15th session of the Party Central Committee’s Inspection Commission on May 16 and 17. In a communiqué released on May 18, the commission said it had implemented the 13th session’s conclusions on considering disciplinary measures for the collectives and individuals involved in the wrongdoings committed by the Party units at the MoST, MoH and SSC. Based on Party regulations, it decided to expel Trinh Thanh Hung, member of the MoST’s Party Committee, Vice Secretary of the Party Cell and Deputy Director of the MoST’s Department of Science and Technology for Economic - Technical … [Read more...] about Incumbent, former science, health, securities officials disciplined

Chairman of Dong Thap Provincial People's Committee Pham Thien Nghia visits lotus fields in Dong Thap Province. The Dong Thap Lotus Industry Association was established to support cultivation, production activities and market connection; improve sales skills; access networks of modern distribution channels; develop a pilot model of linkage chains between farmers, businesses, scientists and the state, and create and develop a sustainable domestic market towards export activities. Besides, the Dong Thap Lotus Industry Association will also connect with resources, support trade promotion and cultivation between farmers, production facilities, lotus trading, scientists, individuals and organizations to exploit values made of lotus under the motto of cooperation, connection, market mechanism, reducing costs, increasing quality and diversifying processed products. Currently, Dong Thap Province possesses around 600 hectares of lotus fields, making various lotus products such as lotus … [Read more...] about Dong Thap Lotus Industry Association established

The high-ranking Vietnamese military delegation to the meeting was led by Deputy Defense Minister Senior Lieutenant General Hoang Xuan Chien. In his opening remarks, General Nem Sowath, Director of the General Department of Policy and Foreign Affairs under the Cambodian Ministry of National Defense emphasized the importance of this meeting in preparation for the ASEAN Defense Ministers’ Meeting (ADMM). The Cambodian mentioned a draft joint statement to submit to the ADMM and discussions to enhance the defense cooperation among the ASEAN member states. At the event, heads of delegations heard reports on the outcomes of the ADSOM Working Group, the 16th annual meeting of the Network of ASEAN Defense and Security Institutions (NADI-16), the 19th ASEAN Chiefs of Defense Forces’ Meeting (ACDFM-19). They also heard the updates on ASEAN defense cooperation. Addressing the meeting, Gen. Chien thanked the host for their thoughtful reception. The Vietnamese head delegate congratulated and … [Read more...] about ASEAN defense senior officials meet in Phnom Penh

Talking to Vietnam News Agency, Callow held that London was a destination for Ho Chi Minh after a long journey to many other places because that was known as the workshop of the world. It was the cradle of the Industrial Revolution, the center of the greatest empire in terms of land mass that the world had ever known, and the world's top financial center. His journey is intensely practical and a way to discover the politics, the economics and the cultures of very different civilizations, the scholar stated. He stressed that it was a brave step for Ho Chi Minh to leave his homeland with a desire to learn, to witness with his own eyes the fast changing world, and to see for himself the bases of the imperial power. “During his tour, he got a sense of change, a possibility and the power of an organised working class to make progressive change. He could take certain lessons back home with him to change the lives and the realities of the Vietnamese people for the better. But from London, … [Read more...] about Britain historian highlights significance of President Ho Chi Minh’s trip to London

At the Myanmar-Singapore match in women's football of SEA Games 31 (Photo: VNA) Hanoi (VNA) – Myanmar’s Union Minister for Sports and Youth Affairs U Min Thein Zan recently awarded 100,000 USD to female football ers of the country for qualifying for the semi-finals at the ongoing SEA Games 31 in Vietnam. He praised the brilliant performance of the team, affirming that the Myanmar State and people will look forward to honouring the nation pride through sports and success. On May 15, Myanmar beat Singapore 1-0 in the last match of Group B with the sole goal by Win Theingi Tun in the fourth minute of the second-half injury time. They earlier trounced Laos 3-0 on May 10. In the semi-finals, Myanmar will play the hosts Vietnam who topped Group A, while Thailand will face the Philippines. Both fixtures will take place at Cam Pha Stadium of Quang Ninh on May 18. SEA Games 31, themed “For a Stronger South East Asia”, is being held in the Hanoi capital and 11 … [Read more...] about Myanmar’s women football team awarded 100,000 USD

Vietnamese Prime Minister Pham Minh Chinh attended a forum on innovation and startups with leading U.S. firms in San Francisco, California on Tuesday morning (local time) within the framework of his working visit. During the event, which was organized by the Asia Society Northern California, PM Chinh stated that Vietnam identifies science and technology, innovation, and entrepreneurship as important driving forces for development in the new era. Startup collaboration between Vietnamese and U.S. partners should focus on climate change response, digital transformation, technology transformation, and supply chain diversification, he continued. Attention should also be paid to the innovation and startup movement among young people. The premier went on to discuss with leaders of major U.S. businesses about opportunities for cooperation in innovation, science, and technology. The Vietnamese government is improving mechanisms and policies to welcome new startups, he stated, adding … [Read more...] about Vietnamese premier discusses innovation, startup cooperation with US businesses

Rising COVID-19 cases are driving up the use of therapeutics, with Pfizer Inc's oral antiviral treatment Paxlovid seeing a 315% jump over the past four weeks, U.S. health officials said on Tuesday. The increase in U.S. cases and hospitalizations is starting to affect recommendations on behavior, with New York City, the nation's most populous city, advising stricter mask usage but stopping short of new mandates. Apple has scrapped return to office plans. "Increasingly, we'll see this virus hit people who are substantially older, frail, have underlying illnesses, or are distinctly immunocompromised," said Dr. William Schaffner, infectious disease expert at Vanderbilt University Medical Center in Nashville. "But we now have better treatments and many of those people will leave the hospital vertically rather than horizontally." The United States is averaging nearly 97,000 new cases a day, up from about 73,000 a week ago, according to a Reuters tally. Cases have been gradually … [Read more...] about As U.S. COVID-19 cases rise, so does demand for antivirals