Hanoi (VNA) – Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop held in Hanoi on January 26. Vo Huu Hien, Vice General Director of the Ministry of Finance’s Department of Debt Management and External Finance, made the statement, adding that the effective management has transformed Vietnam from a poor and heavily indebted country into a one receiving international organisations’ recognition as having a controlled external debt level and being excluded from the group of countries with a debt burden. According to data from the ministry, the public sector’s proportion in the structure of the national external debt decreased from 73.6 percent in 2010 to 63.4 percent in 2015 and 43.7 percent in 2020. The Government’s foreign loans are mainly official development assistance and concessional loans. To date, Vietnam has signed more than 85 billion USD worth of these loans. … [Read more...] about Progresses seen in Vietnam management of national foreign debts: workshop
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Congratulations from Cambodian People’s Party to 13th National Party Congress
Hanoi (VNA) - The Cambodian People’s Party (CPP) Central Committee has extended its congratulations to the ongoing 13th National Party of the Communist Party of Vietnam (CPV). The CPP spoke highly of the Vietnamese Party, Government, and people for the great achievements they have recorded across different spheres in recent times under the sound leadership of the CPV, headed by General Secretary Nguyen Phu Trong. Notably, the successful implementation of the resolution adopted at the 12th National Party Congress has seen Vietnam develop comprehensively, improved people’s living standards, and continuously raised the country’s position and prestige in the international arena. “We are delighted at the development and comprehensive cooperation between the two Parties, Governments and peoples, which has been consolidated and enhanced intensively and extensively in the spirit of good neighbourliness, traditional friendship, comprehensive co-operation, and … [Read more...] about Congratulations from Cambodian People’s Party to 13th National Party Congress
New, outstanding issues in national development orientations for next decade
Also among the orientations are building and completing the socialist law-governed State; building a clean, strong, lean, efficient, and effective political system; pushing ahead with the fight against corruption, wastefulness, bureaucracy, and negative phenomena; and continuing to enhance Party building and rectification in a comprehensive manner, in association with reforming the Party’s leadership and ruling methods. The Party General Secretary and State President said the Party’s 13th tenure is an extremely important milestone since it serves as the prerequisite for the next tenures to successfully achieve the strategic national development goals for 2030, with a vision to 2045. He emphasised the resolve to effectively carry out the tasks and solutions put forth in the documents submitted to the 13th National Party Congress so as to herald a new development phase for the country, with the following focuses: First, to continue promoting Party building and … [Read more...] about New, outstanding issues in national development orientations for next decade
Vietnamese pin high hopes on 13th National Party Congress
All streets around Vietnam are decorated with flowers, bandroles, posters and flags marking the 13th National Party Congress. The upbeat atmosphere mirrors people’s attitudes and expectations towards the great event of the Party and the entire country./. … [Read more...] about Vietnamese pin high hopes on 13th National Party Congress
13th National Congress of Communist Party of Vietnam opens
Looking back on the 12th tenure and 35 years of the “Doi Moi” (Renewal) process, the Party General Secretary said that, over the last five years, grasping the advantages and opportunities, and overcoming the challenges and hardships, particularly the negative impacts of the COVID-19 pandemic and natural disasters, the entire Party, people, and army have upheld a spirit of patriotism, solidarity, determination, mettle, and creativeness to work relentlessly and gain a number of very important and comprehensive achievements. Thanks to such efforts, the country has witnessed robust and sustainable growth with heightened trust among the people in the Party, State, and the socialist regime. … [Read more...] about 13th National Congress of Communist Party of Vietnam opens