PM Nguyen Xuan Phuc (third from left) at the Vietnam Reform and Development Forum (Photo: VNA) Hanoi (VNA) – As Vietnam envisions itself as becoming a prosperous nation by 2045, the Government is working to speed up administrative reform to improve the business climate, Prime Minister Nguyen Xuan Phuc has affirmed. Attending the Vietnam Reform and Development Forum (VRDF) 2018 held in Hanoi on December 5, PM Phuc said that Vietnam was lifted from one of the world’s largest recipients of foreign aid to a middle-income country. It has proactively integrated into the global economy and always stands ready to share experience in settling global issues. However, Vietnam still runs grave risk of being left behind and falling into the “middle-income trap”. Despite concerted efforts to remove the three bottlenecks of mechanism, infrastructure, and human resources quality which bar economic development, the outcomes are a far cry from the Government’s … [Read more...] about Vietnamese Government keen to further boost administrative reform
Vietnamese government
Two arrested for sending blackmail threats to Vietnamese government officials
By Ba Do  October 19, 2018 | 02:14 pm GMT+7 Vietnamese police have arrested two men suspected of sending death and blackmail threats to several advisors to National Assembly members. Police from the Ministry of Public Security Friday arrested Ngo Xuan Tung and Le Van Thanh, both 30, for questioning. At least seven members from the National Assembly Delegation Office of several provinces and cities had reported receiving text messages from the same anonymous sender. Officers said all the messages had the same content: that VND100 million ($4,400) had been offered to kill the official getting the message, and if they transfer the amount to a bank in southern Vietnam, the identity of the person who ordered the hits would be revealed. Ngo Xuan Tung, 30, is held at a police station for sending death threats and blackmail messages to Vietnamese government officials. Photo courtesy by rhe Ministry of Public Security The police have not yet released any information … [Read more...] about Two arrested for sending blackmail threats to Vietnamese government officials
Vietnamese Government highly values relations with Japan: PM
Prime Minister Nguyen Xuan Phuc Tsutomu Takebe, the special advisor to the Japan-Viet Nam Friendship Parliamentary Alliance, Ha Noi, September 7, 2018 The PM made the statement while hosting a reception for Tsutomu Takebe, the special advisor to the Japan-Viet Nam Friendship Parliamentary Alliance, in Ha Noi on September 7. He emphasized that the recent visits and meetings between the two countries’ senior leaders have opened up a new development period, which is even more comprehensive and substantive, in bilateral relations. Japan is a leading economic partner of Viet Nam, ranking first in terms of the provision of official development assistance (ODA) capital, second concerning investment, third regarding tourism and fourth with regards to trade, PM Phuc said. He affirmed that the Vietnamese Government has always tried its best and removed all obstacles to strongly develop the country’s extensive strategic partnership with Japan. The leader asked … [Read more...] about Vietnamese Government highly values relations with Japan: PM
Vietnamese Government asks for SEZ bill postponed
The Vietnamese Government has requested the legislative National Assembly to postpone passing a draft law on special economic zones which allows foreign investors to rent land up to 99 years in three strategic locations of Vietnam. The request came after the Government “has listened to enthusiatic and responsible contributions of members of parliament, scientists, economists, experts, voters and the people,” according to the statement sent out at 3 a.m Saturday. The delay of the bill until the next National Assembly session was suggested to give more time for researching and improving the bill so that it will meet the desire of MPs, voters and the people and successfully establish the three SEZs while protecting national security and sovereignty, the statement said. The Government proposed that the 99-year land rent duration for foreign investors in SEZs be removed from the bill. The existing regulations of Vietnam’s Land Law allow investors to rent land … [Read more...] about Vietnamese Government asks for SEZ bill postponed
Vietnamese government appreciates economists’ feedback: Deputy PM
(Photo: chinhphu.vn) At a reception in Hanoi on Tuesday for Professor Andreas Hauskrecht, a public finance expert at Indiana University’s Kelley School of Business, Mr. Hue said PM Nguyen Xuan Phuc wants opinions from his economic consulting group, experts from the Vietnam Initiative, and scientists in order to continue refining Vietnam’s macro-economic policy. Mr. Hue thanked Professor Hauskrecht for working closely with Vietnamese agencies to share information, analyze the current economic situation, and give policy recommendations to the Vietnamese government. Mr. Hue asked Professor Hauskrecht to continue assisting Vietnamese agencies in the near future, particularly by sharing information and his experience in the US financial management system and connecting Vietnam with US experts and the world’s leading think-tanks. … [Read more...] about Vietnamese government appreciates economists’ feedback: Deputy PM