Hanoi has planned to build 48 new markets and upgrade 11 flower gardens and one park this year. The information was given by the vice chairman of the municipal people’s committee Nguyen Manh Quyen at a meeting with representatives from the city’s districts on Friday. Nga Tu So Market in Hanoi According to Quyen, under the city’s planning, Hanoi will have 595 markets by 2030, up from the current 453. In 2023, the city will build 48 new markets and upgrade 57 others. By 2025 Hanoi will renovate 45 parks and flower gardens in 10 districts, including 11 flower gardens and one park this year. During this phase, the city will build Chu Van An, Tay Nam Ha Noi, Kim Quy, Phung Khoang and Ha Dong cultural, amusement and sports parks. Hanoi People’s Committee has asked districts to take measures to force the closure of unlicensed markets. The city is calling for investment in theme parks. … [Read more...] about Hanoi to build 48 markets and upgrade flower gardens this year
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Vietnam expected to export 7 million tons of rice this year: Ministry
Vietnam now sees a sharp increase in rice orders from the Philippines and China. Acccording to Pham Thai Binh, General Director of Trung An Hi-tech Agriculture Joint Stock Company in the Mekong Delta city of Can Tho, the company has signed an order to export 2,000 tonnes of rice to China and is under negotiation for another batch of 20,000 tons. Statistics from the General Administration of Vietnam Customs show that in the first two months of this year, China imported 152,640 tons of rice from Vietnam worth 90 million USD, a year-on-year increase of 86% in volume and 120% in value. Vietnamese rice exported to China enjoyed an average price of 589.7 USD per ton, 18.3% higher than that of the same period last year. Chinese customers mainly imported Vietnam’s high-quality rice like fragrant rice and sticky rice with high prices. Meanwhile, the Philippines is anticipated to import about 2.8 million tons of rice from Vietnam during the 2022-2023 crop because the country’s rice … [Read more...] about Vietnam expected to export 7 million tons of rice this year: Ministry
Vietnam, Australia eye stronger multifaced cooperation
Vietnam and Australia are actively coordinating to prepare for activities commemorating 50 years of diplomatic relations, including high-level visits, cultural events, people-to-people exchange, and tourism promotion. Australia aims to expand cooperation with Vietnam in many fields, such as energy, education, defense, science, technology, innovation, gender equality, and cultural exchange. Delegates looked at children's drawings on display at the program. Photo: VNA That's the statement of Australian Ambassador to Vietnam Andrew Goledzinowski during a friendship exchange to celebrate the 50th anniversary of establishing diplomatic relations between Vietnam and Australia (February 26, 1973). The event was jointly organized by the Australian Embassy in Vietnam, the Hanoi Union of Friendship Organizations and the Vietnam-Australia Friendship Association in Hanoi on March 31. Speaking at the ceremony, the Ambassador emphasized that the bilateral relationship … [Read more...] about Vietnam, Australia eye stronger multifaced cooperation
Vietnamese, Chinese localities eye stronger border trade
Participants at the talks (Photo: VNA) Lang Son (VNA) – Secretary of the Party Committee of Lang Son province Nguyen Quoc Doan held talks with Liu Ning, Secretary of the Party Committee of China's Guangxi Zhuang Autonomous Region, in Lang Son city on March 30, during which they discussed measures to further expand border trade cooperation. The two sides positively evaluated the close high-level relationship between the two Parties and States, as well as between Lang Son and Guangxi, which has been increasingly strengthened and nurtured. They also discussed measures to promote the potential and strengths, and step up cross-border trade. Liu said he hopes the two countries will continue to strengthen strategic development and connection and deepen practical cooperation in various fields, thus strongly promoting the partnership and comprehensive strategic cooperation in the new era. The Chinese official said Guangxi is currently implementing measures to promote the … [Read more...] about Vietnamese, Chinese localities eye stronger border trade
Hanoi begins work on Phu Yen craft village industrial cluster
Hanoi plans to create five to ten industrial clusters this year. Hanoi's authorities broke ground for the construction of the Phu Yen craft village industrial cluster in Phu Xuyen District on March 30. The groundbreaking ceremony of the Phu Yen craft village industrial cluster project. Photo: Hanoimoi Newspaper The Phu Yen artisan village industrial cluster in Gie Ha Village, Phu Yen Commune, covers 10.5ha and was funded by Chi Cuong Construction Investment Consultant Joint Stock Company for VND200.3 billion (US$8.5 million). Speaking at the groundbreaking ceremony, Nguyen Xuan Thanh, Secretary of the Phu Xuyen District Party Committee, stated that the industrial cluster's establishment aims to relocate local production facilities in the fields of leather and footwear, garment, lacquer, services for industrial clusters, and other industries away from residential areas, thereby reducing the environmental pollution. According to Nguyen Manh Quyen, Vice … [Read more...] about Hanoi begins work on Phu Yen craft village industrial cluster
Hanoi plans new rules on parking
As of March 25, the municipal administration had imposed fines totaling VND50.5 billion ($2.15 million) for infractions on the pavement. Hanoi's authorities will make public the guidelines on the streets and roads where drivers can park their cars, Vice Chairman of the municipal People's Committee Duong Duc Tuan has said. A local police officer travels to check on the station of motorbikes on the streets of Hanoi. Photo: Cong Trinh/The Hanoi Times There will be a new list of streets and roads on which the city forbids the parking of motorbikes and cars, Tuan told an online meeting of the Hanoi Party Committee, the Hanoi People’s Council, the Hanoi People’s Committee, and chiefs of the 30 districts and towns. The city's legislators will also modify the regulations governing vehicle parking, instructing local governments to reserve a specific portion of the pavement for parking motorcycles and bicycles only, he said. The vice chairman added that substantial … [Read more...] about Hanoi plans new rules on parking
Hanoi targets annual export growth of 5.5% until 2030
The plan's implementation seeks to capitalize on Hanoi's import-export advantages and promote the city's socioeconomic development toward green growth and rapid and sustainable progress. Hanoi aims to sustain an annual export growth rate of 4.4-5% between 2023 and 2025 and 5.1-5.5% between 2023 and 2030. Electronics production at Channel Well Technology Vietnam at Quang Minh Industrial Park, Hanoi. Photo: Pham Hung/The Hanoi Times The goals were included in the action plan to achieve Hanoi's import-export strategy until 2030, which was signed off on March 30 by Vice Chairman of the municipal People's Committee Nguyen Manh Quyen. The implementation of this plan seeks to leverage Hanoi's import-export advantages and support its socioeconomic development toward green growth, rapid and sustainable progress, and a stable growth rate in import-export activities. The emphasis is on the direct export promotion of key and advantageous city goods and attracting … [Read more...] about Hanoi targets annual export growth of 5.5% until 2030
N.A. Law Committee holds 13th plenary session
According to a report delivered at the session, the Government proposed adding the Law amending and supplementing a number of articles of the Law on People's Public Security to the fifth N.A. session’s working agenda for the legislature’s consideration and approval. Five draft laws, namely the draft Law on Citizen Identification (amended), the draft Law on Credit Institutions (amended), the draft Law on Roads, the draft Law on Road Traffic Order and Safety, and the draft Law on forces participating in security and border protection at the grassroots level, will be put on the table during this session, scheduled to take place in May. These draft laws will be submitted to the National Assembly for approval in the sixth plenary session, which will be held later this year. During this session, the legislature will also give comments on the draft Law on Defense Industry, Security and Industrial Mobilization; the draft Law amending and supplementing a number of articles of the Law on … [Read more...] about N.A. Law Committee holds 13th plenary session
Border troops provide emergency aid for foreigner
The ill sailor was Liu Aihua (46 years old, a Chinese national) who was chief mechanic of Panama’s container ship MIYUNHE, which was en route from Vietnam’s Cat Lai Port to China. When the ship was near Quy Nhon Port in Binh Dinh province, Liu Aihua had pain, and the ship applied for procedures to anchor at buoy No.0. After being reported on the case, the Binh Dinh provincial Border Guard Command directed the Border Post of Quy Nhon Port Border Gate to send five officers and one canoe to cooperate with relevant agencies to approach and provide emergency aid for the sailor and take him to Mui Tan border checkpoint. Patient Liu Aihua was then taken to Binh Dinh General Hospital. Translated by Chung Anh … [Read more...] about Border troops provide emergency aid for foreigner
Central bank to cut deposit interest rate ceiling from Monday
It said the overnight electronic interbank rate would also be kept at the current level of 6.0%. The bank also said it will from Monday lower its refinance rate by 50 basis points to 5.5%, its latest move to support economic growth that bucks a trend among regional peers. The State Bank of Vietnam (SBV) said in a statement it would keep the discount rate unchanged at 3.5%. Earlier this month, the SBV cut several policy rates to increase liquidity and help spur growth, in what was a surprise move amid global financial turmoil. The announcement came just hours after a senior central bank official said the U.S. Federal Reserve's move to ease its rate hikes meant Vietnam would consider further cutting rates in future to spur growth. Vietnam's economic growth slowed to 3.32% in the first quarter, against a 5.92% expansion in the fourth quarter of 2022. The SBV pledged on Friday to keep monetary policy flexible for the rest of the year to support economic stability amid … [Read more...] about Central bank to cut deposit interest rate ceiling from Monday