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A strong business community will build an independent and highly resilient economy. Localities are expected to further create a favorable environment for business operation, especially in simplifying administrative formalities and avoiding petty corruption. Prime Minister Pham Minh Chinh at the conference. Photos: Nhat Bac Prime Minister Pham Minh Chinh stressed the view during a conference between the Government’s leader and business community on August 11, which drew the participation of 1,200 delegates from a business association and local companies. According to Chinh, more than two years since the outbreak of the Covid-19 pandemic, Vietnam has now put the situation under control and maintained positive growth. Vietnam’s GDP  during the six months expanded by 6.42%, higher than the 5.74% rate in the same period last year, and equivalent to the growth rate recorded in the pre-pandemic period 2016-2019 (6.38%). In addition, Chinh also pointed out high … [Read more...] about PM urges favorable environment for businesses

The event was co-held by Commander of the Vietnam Border Guard Command Lieutenant General Le Duc Thai and Chief of the General Department of Defense Industry Lieutenant General Ho Quang Tuan. Over the past years, the General Department of Defense Industry’s affiliated units have produced equipment to meet all demands of the border troops’ task implementation in border areas and at sea. Since 2007, the general department has directed and instructed its shipyards to build a number of ships and boats for the border guard force. Meanwhile, the shipyards have actively worked with clients under the Vietnam Border Guard Command in repairing several patrol boats of the force. Particularly since 2021, the general department’s Factory Z173 has provided services for tens of arrivals of ships and boats operated by border guard units. Reportedly, all newly-built or -upgraded ships meet all requirements in their units, especially in tasks of patrol, national sovereignty protection and search … [Read more...] about Vietnam Border Guard Command and General Department of Defense Industry to boost cooperation

Wind turbines and solar panels (Illustrative photo: Getty Images) Jakarta (VNA) – The Directorate General of Customs and Excise (DJBC) under Indonesia ’s Finance Ministry is planning to provide incentives for new and renewable energy production companies. DJBC Director Untung Basuki said authorities are reviewing types of incentives that will be given to new and renewable energy producers. The incentives will be applied to all types of energy, from geothermal power, hydro power, marine thermal power, solar power to wind power. The top target is to promote the exploitation and use of green and environmentally friendly energy sources, he noted, but the incentives will only be given to the firms that cooperate with certain ministries/agencies, including the Ministry of Energy and Mineral Resources. By providing incentives, the government hopes that the number of companies producing clean energy will increase so that the target of reducing carbon emissions in … [Read more...] about Indonesia moves to promote renewable energy development

Children are exposed to increased risks of online harms, especially during the outbreaks of the COVID-19 with increased screen time. (Photo: VNA) Hanoi (VNS/VNA) - The National Children's Hospital has recently received more child patients with mental illnesses attributed to the increased screen time they spent during the COVID-19 pandemic when outdoor physical social activities were limited. Doctor Ngo Anh Vinh, deputy head of the hospital's Department of Adolescent Health, said that after the COVID-19 pandemic, the number of children coming to check for mental illnesses related to social networks increased. "Many of them need treatment for social media addiction. Some children are admitted to the hospital after they have attempted suicide," Vinh said. "Currently, the World Health Organisation (WHO) considers social network addiction and game addiction as a mental illness with consequences that severely affect the child's mental and physical health and quality of … [Read more...] about Rise of screen time puts children at high risk of social media addiction

Vietnam is willing to hold trade talks with the United States to timely solve arising problems regarding a U.S. anti-circumvention investigation into steel pipe products imported from the Southeast Asian country. Le Thi Thu Hang, spokesperson of the Vietnamese Ministry of Foreign Affairs, made the statement at a regular press briefing in Hanoi on Thursday following reports that the U.S. officially initiated an investigation into the case. Hang affirmed that the Vietnam-U.S. comprehensive partnership has witnessed progress in all fields in recent times, including in economy, trade, and investment. Vietnam is the leading trade partner of the U.S. in Southeast Asia, while the U.S. is the second-largest trade partner of Vietnam, with two-way trade turnover exceeding US$110 billion in 2021. “Vietnam advocates promoting economic, trade, and investment cooperation with the U.S. on the basis of freedom, fairness, and mutual benefits in accordance with bilateral agreements and … [Read more...] about Vietnam ready for talks with US on tax evasion investigation into Vietnamese steel pipes