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Deputy Prime Minister Vu Duc Dam speaks at a meeting organised by the National Council for Sustainable Development and Competitiveness Improvement held in Hanoi on December 6. (Photo: chinhphu.vn)   Hanoi (VNA) - Although Vietnam has made strides in bettering the business environment and competitiveness capacity, there’s still room for improvement, heard participants at a meeting held in Hanoi on December 6. The meeting, organised by the National Council for Sustainable Development and Competitiveness Improvement, aimed at reviewing the implementation of the government’s efforts on the issues from 2019 and assign tasks for next year. Dau Anh Tuan, Director of the Legal Department of the Vietnam Chamber of Commerce and Industry, said results of surveys on administrative procedure and tax procedure reform and business environment improvement in 63 provinces and cities showed the proportion of enterprises with positive assessment continued to increase for the third … [Read more...] about Vietnam makes progress in improving competitiveness

An overview of the meeting (Photo: VNA)   Ho Chi Minh City (VNA) – Ho Chi Minh city will create favourable conditions for Japanese firm to make long-term investment and business in the southern economic hub, on the basis of the special relations between the two countries, a municipal official affirmed on December 6. During a reception for a Japanese business delegation led by Yoshiki Onoi, Vice chairman of the People’s Diplomacy Promotion Association of Japan, in the city, Vice Chairman of the municipal People’s Committee Vo Van Hoan said during its development, HCM city is facing challenges in urban infrastructure, human resources and environment, expressing his hope for Japanese firms’ contribution to the solution of the issues. He pointed to the fields the city hopes Japanese firms to invest in, including energy saving, green energy development, metro projects, human resources, supporting industry, trade, real estate and logistics. For his part, the … [Read more...] about HCM City hopes to intensify cooperation with Japanese firms: official

California's Pacific Gas and Electric will pay $13.5 billion to settle lawsuits over its role in a series of wildfires that killed scores of people and destroyed thousands of homes, the utility giant said Friday. Faulty PG&E powerlines were blamed for sparking last year's so-called Camp Fire in northern California -- the deadliest in the state's history -- that left 86 people dead Faulty PG&E powerlines were blamed for sparking last year's so-called Camp Fire in northern California -- the deadliest in the state's history -- that left 86 people dead. Outdated facilities including vulnerable wooden poles and failure to deforest land surrounding high-voltage transmission lines were blamed for the inferno, prompting accusations the San Francisco-based firm had put profit before safety. The company filed for bankruptcy protection in January, saying it faced more than $30 billion in claims over the blaze. It was also sued over three other fires dating back to 2015, including … [Read more...] about PG&E agrees to $13.5 billion payout for deadly California fires

Deputy Prime Minister Trịnh Đình Dũng (r) welcomes Mongolian Minister of Food, Agriculture and Light Industry Ulaan Chultem in Hà Nội on Friday. — Photo baochinhphu.vn HÀ NỘI — Deputy Prime Minister Trịnh Đình Dũng held a reception in Hà Nội on Friday for Mongolian Minister of Food, Agriculture and Light Industry Ulaan Chultem, who is in Hà Nội to attend the 17th meeting of the Việt Nam-Mongolia Inter-Governmental Committee for Economic, Scientific, and Technical Cooperation. Dũng noted that the traditional relationship between Việt Nam and Mongolia was growing in all fields including politics, economy, trade and culture, reflected through people-to-people diplomacy and regular meetings at all levels. He welcomed the Mongolian minister’s visit which takes place at a time when the two countries are celebrating the 65th founding anniversary of diplomatic … [Read more...] about Việt Nam, Mongolia seek stronger economic ties

News Digest (13-12-2008) VN, Mongolia agree to boost trade to US$10m by 2010 HA NOI — Viet Nam and Mongolia have agreed to boost two-way trade from US$3.5 million to $10 million by 2010. Deputy Minister of Agriculture and Rural Development Ho Xuan Hung and Mongolian Minister for Food, Agriculture and Light Industry Tunjin Badoamjunai, agreed on this at the 13th session of the Viet Nam-Mongolia Inter-governmental Commission for Economic and Scientific and Technological Co-operation. At the four-day session, which opened in HCM City on Wednesday, the two sides also discussed measures to foster economic, scientific and technological co-operation for the next two years. They also agreed to create favourable conditions for business, saying that co-operation between the two banking sectors had created a trustworthy and fast payment mechanism. Nation lauds forum to promote democracy held in Indonesia HA NOI – The Vietnamese Government highly appreciated Indonesia’s … [Read more...] about VN, Mongolia agree to boost trade to US$10m by 2010