Acted for technical cooperation and development

Ambassador Xiong Bo also noted that as Chair of ASEAN and a non-permanent member of the UN Security Council in 2020, Vietnam successfully organised meetings within the East Asia cooperation framework, actively advocated multilateralism and free trade, promoted regional anti-pandemic cooperation, and improved its influence in the region and the world. In particular, the Regional Comprehensive Economic Partnership (RCEP), signed last year, is currently the largest free trade agreement around the globe, he noted, describing this as a success of multilateralism and free trade that will fuel growth momentum for the regional and global economy. The development achievements Vietnam has obtained, especially the successful response against COVID-19, are all attributable to the CPV Central Committee’s steadfast leadership and the people’s support, like in China. This has reflected the unique advantages of the socialist regimes in the two countries, he added. In the interview, the … [Read more...] about Party Congress to create new development momentum for Vietnam: Chinese ambassador

Since 2020, facing serious impacts of the COVID-19 pandemic, the CPV Central Committee has maintained strategic persistence and solidarity to lead the entire Party, army, and people to weather difficulties and realise the twin targets of fighting against the pandemic and sustaining socio-economic development, with growth of 2.9 percent - one of the world’s fastest growth rates last year. … [Read more...] about Party Congress to create new development momentum for Việt Nam: Chinese ambassador

Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further

In an interview recently granted to the Vietnam News Agency (VNA), Perojo attributed Vietnam’s successful control of COVID-19 to the brainpower of the Party, drastic actions of authorities at all levels to protect people’s health, proper measures promptly adopted by the Government for each period, collaboration between the State and ministries and agencies, as well as coordination of the entire society in the fight against the pandemic. … [Read more...] about VIETNAM NEWS JANUARY 25

Noticeably, thanks to comprehensive and extensive activities of external economic development, the total foreign trade turnover of goods implemented in the 2011-2019 period hit $3.1 trillion, 20.2 times more than that in the 1991-2000 period and 3.6 times higher than the 2001-2010 period. This is a sign showing that Vietnam has exploited the strength of the domestic economy and taken advantage of the global market. It is proved by the fact that foreign investment has become an important capital mobilization channel for socio-economic development, contributing to promoting economic restructuring towards industrialization and modernization, creating more jobs, and improving management capacity and technological level. Especially, foreign direct investment has also stimulated the expansion of external economic relations between Vietnam and other countries in the region and the world. The new position and growth motivations Along with the achievements in socio-economic development, the … [Read more...] about Bright economic appearance after 35 years of innovation