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Illustrative image (Photo: VNA) Hanoi (VNS/VNA) - Vietnam reached more than 14 billion USD in foreign direct investment ( FDI ) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI). The ministry’s data showed that as of June 20, 2022, the total newly registered capital, adjusted and contributed capital to buy shares, buy contributed capital of foreign investors reached 14.03 billion USD, as much as 91.1% over the same period in 2021. Of which, 752 new projects were granted investment registration certificates, down 6.5% compared to the same period, with a total registered capital of over 4.94 billion USD, down 48.2% over the same period. In addition, there were 487 projects registering to adjust their investment capital, up 5.9% over the same period, with the total additional registered capital reaching nearly 6.82 billion USD, up 65.6% compared to the same period last year. There were also 1,707 capital contributions and share … [Read more...] about Vietnam attracts more than 14 billion USD of FDI in H1

Implementing the Decision No. 08/2022/QD-TTG dated March 28, 2022 of the Prime Minister on the implementation of housing rental assistance policy for employees, over the passing time, the Vietnam Social Security Agency has been directed to concentrate on human resources, reforming administrative procedures, applying information technology to confirm soon cases being eligible to receive financial support for a rental house in the spirit of ensuring publicity, transparency and eligible beneficiaries. As for employees who are working in enterprises, each eligible person will be received financial support of VND500,000 (US$21.5) a month with a maximum support period of three months. In 50 provinces and cities nationwide, the Vietnam Social Security Agency has confirmed 9,657 units with 397,588 workers, including 393,759 contracted workers being subject to mandatory social insurance to be received the financial support. Regarding people having just returned to the labor market who … [Read more...] about Over 400,000 employees confirm to receive rental house financial support

National Assembly Chairman Vương Đình Huệ (left) had a meeting with Hungarian Prime Minister Viktor Orbán on Tuesday in Budapest. — VNA/VNS Photo Doãn Tấn BUDAPEST — Vietnamese National Assembly Chairman Vương Đình Huệ said his visit to Hungary is an opportunity to deepen and promote the comprehensive partnership between Việt Nam and Hungary, especially parliamentary ties. The top Vietnamese legislator made the remarks as he met Hungarian Prime Minister Viktor Orbán on Tuesday in Budapest, expressing his delight at the visit, and the chance to meet close friends of Việt Nam. Huệ said the visit would open up new cooperation areas between the two countries in multilateral or regional forums. The Vietnamese and Hungarian leaders concurred that the two countries had enjoyed a close-knit, time-tested, loyal relationship, a valuable asset that not many countries have had, so all present and future leaderships and peoples of the two countries should ensure its continuing growth. … [Read more...] about Việt Nam, Hungary to further promote trade, politics, and people-to-people exchanges: Leaders

Illustrative image. (Photo: SGGP) The People's Committee of HCMC said that the disbursement rate of the Public Investment Plan in 2022 is not much compared to previous years due to many difficulties and obstacles, but mainly the impact of the Covid-19 pandemic in 2021. The restart of the construction of projects in the first months of 2022 experienced a certain delay after the time the city adopted measures to respond to the Covid-19 pandemic. In addition, input costs were unstable and tended to increase. Besides the above objective reasons, the People's Committee of HCMC also raised some other subjective reasons affecting the disbursement progress of public investment capital, for example, difficulties related to site clearance; it is necessary to have time to carry out the project adjustment procedures on the basis of Resolution No.99/NQ-HDND dated October 19, 2021, of the People's Council of HCMC and Decision No.4354/QD-UBND dated December 28, 2021, on the medium-term capital … [Read more...] about HCMC disburses only 17 percent of public investment capital in first six months

At the meeting, on behalf of the N.A. deputy delegation, Nguyen Lam Thanh, Vice Chairman of the N.A.’s Council of Ethnic Minorities, reported on important outcomes of the freshly-concluded third session of 15th N.A. In particular, in 19 scientific, democratic, and highly responsible working days, the 15th N.A.’s third meeting achieved all set targets. During this session, the 15th N.A. looked into a large amount of work and made decisions on many important contents for 2022 and the following years. As a result, the 15th N.A. passed five laws, adopted 17 resolutions, and gave opinions on six draft laws and resolutions and other important contents. On hearing the achievements of the aforementioned meeting, participating voters voiced their opinions and suggested the delegation of Thai Nguyen N.A. deputies make proposals to the N.A. on creating a special mechanism for Thai Nguyen province to make the best of its full potential, and strengths to develop in the coming time. With … [Read more...] about Defense Minister meets with Pho Yen voters

Entrepreneurs remain inspirations for Vietnamese youth According to the report, over 23 million (25 per cent) of the population are youth aged 16 to 30. Of them, 43 per cent want to become entrepreneurs, followed by working in the media and communications (37 per cent), education (22 per cent), technology (20 per cent), NGO and government (17 per cent), and financial sectors (11 per cent). Only a small proportion of the respondents seek careers in transportation (8 per cent) and energy (5 per cent). It is worth noting that while there is an increasing demand for digital skills in the country, these were the least cited among the skills that need development. Instead, around half of the young people surveyed would like to further gain self-leadership (53 per cent) and interpersonal skills (48 per cent). This is followed by reskilling in cognitive and advanced digital skills (37 per cent) and basic digital skills (28 per cent). Vietnam is also undergoing a shift from a … [Read more...] about Entrepreneurs remain inspirations for Vietnamese youth