Central steering committee for anti corruption

Vietnamese Prime Minister Phạm Minh Chính gave the speech at the launch of the Indo-Pacific Economic Framework for Prosperity on Monday. — VNS Photo HÀ NỘI — Việt Nam will join 12 countries in the region in the Indo-Pacific Economic Framework for Prosperity (IPEF) as US President Joe Biden launches the initiative on Monday during his visit to long-term ally Japan. The formal rollout of the IPEF was held in a hybrid format in Tokyo – with US President, Japanese Prime Minister Fumio Kishida, and Indian Prime Minister Narendra Modi taking part in person, and leaders from Australia, Brunei, Indonesia, Malaysia, New Zealand, Philippines, Singapore, South Korea, and Thailand joining remotely. The White House said this economic framework with an initial 13 countries represents 40 per cent of global GDP. The future of the global economy will be largely written in the Indo-Pacific, which covers half the population of the world and more than 60 per cent of the global GDP, US President … [Read more...] about Việt Nam joins US-led Indo-Pacific Economic Framework for Prosperity

Vietnamese Prime Minister Phạm Minh Chính gave the speech at the launch of the Indo-Pacific Economic Framework for Prosperity on Monday. — VNS Photo HÀ NỘI — Việt Nam will join 12 countries in the region in the Indo-Pacific Economic Framework for Prosperity (IPEF) as US President Joe Biden launches the initiative on Monday during his visit to long-term ally Japan. The formal rollout of the IPEF was held in a hybrid format in Tokyo – with US President, Japanese Prime Minister Fumio Kishida, and Indian Prime Minister Narendra Modi taking part in person, and leaders from Australia, Brunei, Indonesia, Malaysia, New Zealand, Philippines, Singapore, South Korea, and Thailand joining remotely. The White House said this economic framework with an initial 13 countries represents 40 per cent of global GDP. The framework will focus on four key pillars – Connected Economy (including rules on digital economy, standards on cross-border data flows and data localisation, online privacy, … [Read more...] about Việt Nam joins Indo-Pacific Economic Framework for Prosperity

Deputy Prime Minister Le Minh Khai (R) meets COP26 President Alok Sharma. (Photo: VNA) Geneva (VNA) – Deputy Prime Minister Le Minh Khai on May 22 held several bilateral meetings with leaders of international organisations and businesses during his trip to Geneva to attend the 52nd World Economic Forum (WEF) annual meeting. At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khai said that Vietnam has been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realise commitments made at COP26. The official underlined that ensuring energy security for growth and reducing emissions at the same time is a very complicated problem that requires the support of the international community in terms of resources, technology, and governance capacity. Therefore, he said that Vietnam hopes that the … [Read more...] about Deputy PM busy on threshold of WEF meeting

Deputy Prime Minister Lê Minh Khái meets WEF President Borge Brende on the sidelines of the 52nd World Economic Forum. —VNA/VNS Photo GENEVA — Deputy Prime Minister Lê Minh Khái on May 22 held several bilateral meetings with leaders of international organisations and businesses during his trip to Geneva to attend the 52nd World Economic Forum (WEF) annual meeting. At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khái said that Việt Nam had been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realise commitments made at COP26. The official underlined that ensuring energy security for growth and reducing emissions at the same time was a very complicated problem that would require the support of the international community in terms of resources, technology, and governance capacity. … [Read more...] about Deputy PM busy with meetings on threshold of WEF summit

"The United States and Japan, together with 11 other nations will be launching" the Indo-Pacific Economic Framework for Prosperity, or IPEF, Biden said at a press conference alongside Japanese Prime Minister Fumio Kishida. "This framework is a commitment to working with our close friends and partners in the region on challenges that matter most to ensuring economic competitiveness in the 21st century," he said. Biden was due to make a formal rollout of the framework later Monday. He did not say what countries had already signed up to IPEF, which the White House is billing as a framework for what will ultimately become a tight-knit group of trading nations. Unlike traditional trade blocs, there is no plan for IPEF members to negotiate tariffs and ease market access -- a tool that has become increasingly unpalatable to U.S. voters fearful of undermining homegrown manufacturing. Instead, the program foresees integrating partners through agreed standards in four main areas: the … [Read more...] about Biden says 13 countries to join new Asia-Pacific trade framework

The Gia Lai Department for External Relations and the Japan - Vietnam Exchange Centre sign a cooperation deal at the workshop on May 22. (Photo: VNA) Gia Lai (VNA) – The Central Highlands province of Gia Lai held a workshop on May 22 to introduce its potential and seek chances for investment cooperation with Japan in agriculture, processing, renewable energy, and tourism. Ho Phuoc Thanh, Vice Chairman of the provincial People’s Committee, said Gia Lai is inviting investment to hi-tech agriculture, agricultural services, intensive processing, renewable energy, and tourism, which are among the pillars identified in its socio-economic development strategy for 2021 - 2030. Although most of local enterprises are of small or medium size, many are turning out products meeting European standards such as the Vinh Hiep Co. Ltd and the Dong Giao Foodstuff Export JSC, which were also the first of Vietnam to export to Europe under the EU - Vietnam Free Trade Agreement (EVFTA), he … [Read more...] about Gia Lai seeks partnerships with Japan in agriculture, renewable energy, tourism

Đỗ Văn Chiến, President of the Vietnam Fatherland Front (VFF) Central Committee, at the meeting of the third plenary session of the 15th-tenure National Assembly in Hà Nội Monday morning. — Photo baochinhphu.vn HÀ NỘI — Presenting a report at the third plenary session of the 15th-tenure National Assembly in Hà Nội on Monday, President of the Vietnam Fatherland Front (VFF) Central Committee Đỗ Văn Chiến listed a number of hot-button issues raised by voters. Many were concerned about recent instances of stock market manipulation and issues with the corporate bond market, as well as education and individuals who take advantage of pandemic-related policies. These were among the issues raised and recommended to the National Assembly (NA) and relevant agencies, said Đỗ Văn Chiến. Presenting the report on the ideas and recommendations sent to the third session yesterday morning, Chiến said voters and people had expressed a consensus and highly appreciated the effective leadership of … [Read more...] about Voters raise concerns over social issues: VFF President

The targets set for 2022, including the growth target of 6-6.5 percent, remain a huge challenge given the domestic and international situation, Deputy Prime Minister Le Van Thanh said at the third session of the 15th National Assembly in Hanoi on May 23. Deputy Prime Minister Le Van Thanh addresses the 15th NA's third session on May 23. (Photo: VNA) The Deputy PM reported that the macro economy has been maintained, major economic balances ensured, and inflation brought under control, with the consumer price index (CPI) in the first four months of this year up 2.1 percent. The monetary market and interest rates have also remained stable, he said, adding that the credit balance by the end of April has increased by 7.18 percent compared to late 2021. In the four-month period, State budget revenue hit 657.4 trillion VND (28.37 billion USD), equivalent to 46.6 percent of the estimate and up 15.4 percent year-on-year. Export turnover reached 122.4 … [Read more...] about Growth target of 6.5 percent remains big challenge: Deputy PM

A ceremony of receiving and planting 24 cherry blossom trees The ceremony is an activity in a framework of the "Meeting Gia Lai – Japan 2022" program and under events to mark the 90th founding anniversary of Gia Lai Province, contributing to tightening friendship and solidarity between the two countries. Accordingly, the People’s Committee of Pleiku City coordinated with Japan - Vietnam Exchange Center and Center for Foreign Service and International Conference to organize the ceremony. Deputy Chairman of the People’s Committee of Gia Lai Province Kpa Thuyen, Deputy Consul General of Japan in Da Nang City Shimonischi Kyoshi and Director of Japan - Vietnam Exchange Center Sho Shiratori attended the ceremony. Speaking at the ceremony, the provicial leader said that the “Meeting Gia Lai – Japan 2022” program was a significant political and cultural event of the Central Highlands province, contributing to promoting the friendly and cooperation relations between Japan with … [Read more...] about Gia Lai Province receives 24 Japanese cherry blossom trees

Deputy Finance Minister Nguyen Duc Chi. — Photo vtv.vn Minister of Finance Ho Duc Phoc had assigned Deputy Finance Minister Nguyen Duc Chi to take charge of the State Securities Commission (SSC) from May 19. In a dispatch to the SSC, Minister Phoc stated that Deputy Minister Chi will manage the commission during the consideration and completion of personnel for the commission. Earlier on May 18, the Party Central Committee’s Inspection Commission announced the inspection conclusions and Party disciplinary measures on the SSC Party Committee in the 2015-20 tenure and relevant individuals. Right after that, the Ministry of Finance directed the SSC, stock exchanges, the Viet Nam Securities Depository and relevant agencies to review and implement measures to remedy the violations and shortcomings. Specifically, the ministry dismissed Tran Van Dung from the position of the Chairman of the SSC, while giving a warning to Vu Bang, former secretary of the SSC Party Committee in the … [Read more...] about Deputy Finance Minister Nguyen Duc Chi takes charge of the State Securities Commission