The country should have a high level of urbanization comparable to ASEAN and Asia by 2045. Vietnam aims to have at least five cities of international caliber to serve as locomotives for regional and international development networks by 2045, according to an action plan released by the Ministry of Construction (MoC) recently. Under the action plan, the ministry will execute two resolutions, one by Politburo and the other by the Government, on the sustainable development, management, and construction of urban areas in Vietnam by 2030 with a vision for 2045. Hanoi from above. Photo: Huu Thang The country plans to build a high level of urbanization comparable to ASEAN and Asia by 2045. The urban system would be integrated, balanced, and sensitive to climate change, natural disasters, and epidemics, while promoting environmental protection and distinctively modern architecture with green and smart elements, according to the action plan. Other key targets … [Read more...] about Vietnam aims for five international-standard cities by 2045
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Vietnam tourism promoted in Japan
In his remarks, Ngo Sy Anh, General Manager of Vietnam Airlines branch in Japan, affirmed the importance of the Japanese market to the company. Before the pandemic, the airline ran 68 flights every week to connect four major cities of Japan to Vietnam’s Hanoi, Ho Chi Minh City, and Da Nang. In 2019, it carried 1.6 million passengers on these routes. With the Vietnamese Government deciding to resume regular international flights from January 1 last year, Vietnam Airlines is now operating 42 flights linking the countries. At the event, participating Vietnamese travel, accommodation companies and carriers introduced Vietnam’s potential and attractive sites to their Japanese peers. The sides exchanged views on cooperation orientations to capitalize on opportunities stemming from the nations’ post-pandemic recovery. In an interview on the sidelines of the event to the Vietnam News Agency, Sayuri Hiroi, Business Development Manager at the TMG, said Vietnam is a safe nation of charming … [Read more...] about Vietnam tourism promoted in Japan
Vietnam in sustainable management phase of COVID-19 pandemic: WHO representative
In an interview granted to the Vietnam News Agency, the official said that now in the fourth year of the pandemic, Vietnam and the world are in a much better place than they were even 12 months ago. “The tools and vaccines we have are proven to protect lives and significantly reduce risk of severe illness and death and also, in most places, to enable health systems to function more normally again,” she said. She added it is hoped that 2023 will be the year in which COVID-19 can be said to be over as a public health emergency of international concern. Assessing Vietnam's response to the COVID-19 pandemic for each stage of the pandemic, Angela said that from the start, Vietnam had well-calibrated and strong public health and social measures in place. These included a strong capacity for early detection and response, robust surveillance measures, strong border measures, and social restrictions, community adherence to personal protective behaviors; and healthcare capacity. “All … [Read more...] about Vietnam in sustainable management phase of COVID-19 pandemic: WHO representative
Vietnamese PM to attend second Belt and Road Forum in Beijing
Vietnamese Prime Minister Nguyen Xuan Phuc will attend the second Belt and Road Forum for International Cooperation in Beijing, China from April 25 to 27. The trip will be made at the invitation of Chinese President Xi Jinping, Vietnam’s Ministry of Foreign Affairs said in a press release on Monday. The Vietnamese premier will attend the forum’s opening on April 26 before joining President Xi and his spouse in a dinner on the evening of the same day. On April 27, PM Phuc is scheduled to speak at a roundtable summit attended by leaders of 36 other nations and China. The Vietnamese head of government is also expected to hold bilateral talks with top Chinese leaders during his China trip. China has invested over US$80 billion in projects related to the Belt and Road Initiative (BRI) since it was first proposed by President Xi in 2013, according to the National Development and Reform Commission of China. By April 15, 2019, 126 nations and 29 international organizations had … [Read more...] about Vietnamese PM to attend second Belt and Road Forum in Beijing
Corporate bond issuance surges in March after prolonged inactivity
Vinhomes Ocean Park 2 in Hung Yen province. Hung Yen Urban Investment and Development Co issued two lots of bonds worth total 7.2 trillion VND on March 16 with collateral of property rights arising from business cooperation contracts at Vinhomes Ocean Park 3 project. (Photo courtesy of Vinhomes) Hanoi (VNS/VNA) - The corporate bond market is showing signs of recovery after a prolonged period of inactivity with a notable increase in both the number of issuers and value of issuance. Data on the Hanoi Stock Exchange showed as of March 24, eight companies issued bonds worth more than 23.8 trillion VND (over 1 billion USD), of which real estate firms dominated the market with total issued value of 19 trillion VND, accounting for 80% of total value. This number was a significant increase compared to the value of 500 billion VND in February and 110 billion VND in January. On March 16, two realty firms – Hung Yen Urban Investment and Development Co Ltd and Southern Star Urban … [Read more...] about Corporate bond issuance surges in March after prolonged inactivity