The city is keen to avoid any Covid-19 impacts that could derail its plan for socio-economic recovery for this year. The Hanoi People's Committee has urged local agencies to remain vigilant against the Covid-19 pandemic and accelerate the disbursement of public funds, seen as a key task for socio-economic recovery for the rest of the year. Electronics production at Rhythm Precision Vietnam, Soc Son District, Hanoi. Photo: Pham Hung Among the key tasks, the city would focus on the Covid-19 vaccine roll-out by providing boosters for eligible people, including the completion of vaccination for children aged 5-12 before September 2022, noted the municipal People’s Committee in a directive. The city’s authorities reiterated public investment is a key task for economic development and considered pubic fund disbursement a key criterion to evaluate the performance of each agency, department, and unit by year-end, especially leaders and senior officials. “Efforts … [Read more...] about Hanoi boosts socio-economic growth, but remains vigilant against Covid-19
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Singapore’s 57th National Day marked in HCMC
Vice Chairman of the municipal People’s Committee Vo Van Hoan delivers the remark at the celebration ceremony of Singapore’s 57th National Day on August 15. (Photo: SGGP) Hoan delivered the remark at a ceremony to celebrate Singapore’s 57th National Day hosted by the Singaporean Consulate General in HCMC. Congratulating Singapore on its National Day, Hoan said he was impressed by its robust development over nearly six decades. Singapore is now one of the world’s most developed countries and a role model with a pioneering approach – “dare to dream, look ahead and seek new solutions and opportunities.” Built on the foundation of the flourishing relations between the two countries, HCMC-Singapore ties have produced good results, he said, noting that because of geographical proximity and cultural similarities, HCMC and Singapore boast great potential to supplement each other in various fields. According to the official, Singapore has been HCMC’s largest investor and second … [Read more...] about Singapore’s 57th National Day marked in HCMC
Experts forecast real estate market for next year
According to economic expert Can Van Luc, there are many factors that positively affect the real estate market including the relatively good economic recovery, the acceleration of the program of socio-economic recovery and development 2022-2023, and public investment. In addition, legal issues have been and are being resolved while interest rates and basic exchange rates were stable despite strong upward pressure. In particular, the credit market is having bright spots. From now until the end of the year, there will still be a new credit wave for good property projects and by 2023 there will be a new credit room. However, challenges still remain because the economic recovery is not sustainable and the supply is not immediately abundant whereas the prices of energy and raw materials also increased. The Government and responsible agencies have been tightening management of the corporate bond market. Regarding specific developments in the market, a representative of CBRE Group … [Read more...] about Experts forecast real estate market for next year
Quang Ninh: Ha Long pilots settlement of administrative procedures at post offices
Ha Long pilots settlement of administrative procedures at post offices. - Illustrative image (Photo: VNA) Quang Ninh (VNA) – Authorities of Ha Long city of the northern province of Ha Long on August 15 piloted the implementation of administrative procedure at post offices in the locality. Under the pilot project, post offices are to process a number of district-level administrative procedures in Ha Long. The project aims to further improve the quality of service to the people, making it easy for them in carrying out administrative procedures, helping reduce the time for travel and minimise bureaucracy and negativity among officials and civil servants. It is also expected to concretise guidelines and policies of the Party and State in digital transformation, building a digital government, economy and society; and promote the role of the public postal service in applying digitalisation in performing administrative services. In the first phase, the project will focus … [Read more...] about Quang Ninh: Ha Long pilots settlement of administrative procedures at post offices
☀️ Morning digest August 16
Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency . - Prime Minister Pham Minh Chinh suggested Qatar step up investment cooperation with Vietnam in infrastructure development, oil, renewable energy, green technology and digital transformation while hosting visiting Qatari Deputy PM and Foreign Minister Qatar Sheikh Mohammed bin Abdulrahman Al-Thani on August 15. Qatari Deputy PM and Foreign Minister Qatar Sheikh Mohammed bin Abdulrahman Al-Thani pays a courtesy call to Prime Minister Pham Minh Chinh on August 15. (Photo: VNA) PM Chinh highly spoke of the progress the two countries have made in their multifaceted partnership and active mutual support at multilateral forums. Congratulating Qatar on the signing of the instrument of accession to the Treaty of Amity and Cooperation (TAC) of ASEAN, the PM said Vietnam backs a close, effective and comprehensive cooperation between ASEAN and Qatar. Read full story - … [Read more...] about ☀️ Morning digest August 16
Party officials visit UK for improved strategic partnership
In a group photo: Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh (6th from left) and Graham Stuart, Minister of State (Minister for Europe) at the Foreign, Commonwealth and Development Office (4th from right) and Minister of State in the Cabinet Office Nigel Adams (5th from left). (Photo: VNA) London (VNA) – A Party delegation, headed by Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh, paid a visit to the UK from August 10 – 15, aiming to fortify the countries’ strategic partnership, particularly in economy, trade, and investment. During the trip, the delegation met many UK officials, namely Graham Stuart, Minister of State (Minister for Europe) at the Foreign, Commonwealth and Development Office; Deputy Speaker of the House of Commons Nigel Evans; Minister of State in the Cabinet Office Nigel Adams; Economic Secretary to the Treasury Richard Fuller; and General Secretary of the Communist … [Read more...] about Party officials visit UK for improved strategic partnership
Hanoi helps businesses get loans
The city's authorities will continue focusing on boosting economic recovery while addressing the concerns of the business community. An agreement signing ceremony to support access to concessional loans between the Hanoi Investment Fund for Development, the city's commercial banks and the business community took place at a conference connecting stakeholders in Hanoi on 15 August. An overview of the signing ceremony. Photo: kinhtedothi.vn The municipal Department of Industry and Trade and the Investment Fund for Development also signed an agreement on cooperation and information exchange on the same day to promote the recovery of the city’s businesses in the post-pandemic period. Speaking at the conference, Acting Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan said: “The conference is expected to facilitate the connection between local banks and businesses to support those who need concessional loans.” She called on the … [Read more...] about Hanoi helps businesses get loans