How public sector contributes to the economic development of a nation

Vietnamese Ambassador to Russia Dang Minh Khoi (fifth from the left) poses for a photo with leaders of Krasnodar  City. (Photo: VNA) Moscow (VNA) – Vietnamese Ambassador to Russia Dang Minh Khoi visited the host country's southern federal region of Krasnodar from August 9 -11, where he met local leaders to discuss the possibility of enhancing bilateral cooperation. Khoi had meetings with Alexander Ruppel, Deputy Governor of Krasnodar Region, and Maxim Slyusarev, deputy mayor of its capital Krasnodar City, during which the two sides talked about potential for stronger economic partnership . Both sides agreed to double efforts to boost cooperation, with a more practical and effective approach, in the fields of agriculture, food production, textile and garment and wood processing. The Vietnamese diplomat said he stands ready to host business-to-business meetings, both in-person and virtually, for Vietnamese and Russian enterprises to explore each other’s strengths. … [Read more...] about Ambassador seeks enhanced economic ties with Russian region

The capital city is committed to accompanying the business community in promoting industrial products using advanced and environmentally friendly technologies with high-added value. Hanoi is pushing for the development of industrial infrastructure and key industrial products, seen as the driving force for the capital city’s sustainable economic growth. Thang Long Industrial Park in Dong Anh District, Hanoi. File photo During the first six months of 2022, the municipal Department of Industry and Trade started the construction of six industrial parks and is working on accelerating 38 other projects in the city. For the 2021-2025 period, Hanoi aims for supporting industries to make up 30% of the total value of industrial production, an increase of 5% from the current level; raise the value of key industrial products to 40-45% of total industrial production, and expects 10% of businesses in Hanoi to stay among Vietnam’s top 500 companies. To realize this goal, … [Read more...] about Hanoi promotes industrial infrastructure development for sustainable growth

The strategic framework signing ceremony in Hanoi on August 11 (Photo: Ministry of Planning and Investment) Hanoi (VNA) – A Strategic Framework for Sustainable Development Cooperation (CF) between the Government of Vietnam and all UN resident and non-resident agencies in Vietnam for the 2022-2026 period was signed in Hanoi on August 11. Minister of Planning and Investment Nguyen Chi Dung , as assigned by Vietnamese Prime Minister Pham Minh Chinh, and UN Resident Coordinator in Vietnam Pauline Tamesis signed the document. The Strategic Framework for Sustainable Development Cooperation 2022 - 2026 guides and steers the Government of Vietnam and the UN’s collaboration on accelerating progress to achieve the Sustainable Development Goals (SDGs). It highlights the joint commitment to deliver sustainable development for all. Speaking at the signing ceremony, Dung said that the CF will be implemented at a time when Vietnam has strengthened its post-pandemic economic … [Read more...] about Vietnam, UN sign strategic framework for sustainable development cooperation

Phan Van Mai, Chairman of the HCMC People's Committee (right) hands over a souvenir to Tan See Leng, Singapore’s Minister for Manpower and Second Minister for Trade and Industry. (Photo: VNA) Chairman of the HCMC People's Committee Phan Van Mai hosted a reception for Tan See Leng, Singapore’s Minister for Manpower and Second Minister for Trade and Industry on August 11. He affirmed that the cooperation between HCMC and Singapore not only brings benefits to the city but also is an important factor contributing to the common development of Vietnam-Singapore relations. At the event (Photo: VNA) Along with potential fields such as smart city building, urban management and green economy, the city expects to strengthen collaboration and share experience in startup development, helping the city become an innovative start-up center of the country and the region, the official said. He hoped that Singapore will share experience to improve the dialogue mechanism between the … [Read more...] about HCMC, Singapore enhance cooperation on human resources development

Presided over by Prime Minister Pham Minh Chinh, the hybrid event brought together cabinet members, representatives from Party and National Assembly’s committees, local administrations, industry leaders, and businesses. It is also an opportunity for the two sides to discuss how the global uncertainties are impacting the country’s socio-economic growth, and chalk out ways to boost production for a faster and more sustainable economic recovery and development. Addressing the event, the PM said thanks to tireless efforts over the last two years, Vietnam has managed to contain the COVID-19 pandemic, with stable macro-economy, inflation under control and positive economic growth, and others. The conference is held for the Government to learn about private enterprises’ losses and challenges facing them during the two years of the pandemic and honor the business community for having made contributions to the country at the time of hardship, Chinh said. Urging for the development of an … [Read more...] about G2B conference looks to boost economic recovery

Minister of Planning and Investment Nguyen Chi Dung, as assigned by Vietnamese Prime Minister Pham Minh Chinh, and U.N. Resident Coordinator in Vietnam Pauline Tamesis, signed the document. The Strategic Framework for Sustainable Development Cooperation 2022 - 2026 guides and steers the Government of Vietnam and the U.N.’s collaboration on accelerating progress to achieve the Sustainable Development Goals (SDGs). It highlights the joint commitment to deliver sustainable development for all. Speaking at the signing ceremony, Dung said that the CF will be implemented at a time when Vietnam has strengthened its post-pandemic economic recovery, responded to climate change and transitioned to a green, circular economy. The Government has also been making efforts to improve institutions and policies in order to mobilize resources from all economic sectors to develop the country. “Together with other development partners, the U.N. plays an important role in supporting Vietnam in its … [Read more...] about Vietnam, U.N. sign strategic framework for sustainable development cooperation

A letter signed by Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan asks provinces and cities to review, amend, supplement and improve their industry promotion regulations, prepare local industry promotion programs for 2023 to 2025, develop technical and economic standards for industry promotion activities, create favorable conditions for local departments of industry and trade to help local people’s committees perform state management of industry promotion, and strengthen the inspection, supervision and evaluation of industry promotion activities. Helping rural industrial establishments recover and develop production and trading in the post-COVID-19 period is a task of departments of industry and trade According to the official letter, departments of industry and trade must ensure efficient, on-time implementation of their 2022 national and local industry promotion plans, help rural industrial establishments recover and develop production and trading in the … [Read more...] about Ministry facilitates rural industrial development

Prime Minister Pham Minh Chinh speaks at the conference (Photo: VNA) Hanoi (VNA) - Prime Minister Pham Minh Chinh urged the business community and associations to take specific solutions and join hands with ministries, sectors and localities to remove difficulties, towards promoting economic recovery and sustainable development. Chairing at a Government to Business (G2B) conference on August 11, PM Chinh said thanks to tireless efforts over the last two years, Vietnam has managed to contain the COVID-19 pandemic, with stable macro-economy, inflation under control and positive economic growth . He asked for more efforts to improve the business and investment environment and accelerate the reform of administrative procedure s; build industry strategy and planning; and develop socio-economic infrastructure, towards creating favourable for businesses to build long-term and sustainable business, production and investment orientations. Participants at the meeting … [Read more...] about PM asks for greater efforts to promote sustainable recovery

Hanoi (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. - Party General Secretary Nguyen Phu Trong hosted a reception in Hanoi on August 10 for Anouphap Tounalom, Secretary of the Lao People's Revolutionary Party (LPRP) Central Committee, and Secretary of the Party Committee and Chairman of the People’s Council of Vientiane. The Party leader congratulated Laos on its comprehensive achievements, with active contributions made by the capital Vientiane. Read full story President Nguyen Xuan Phuc and Ambassador of Israel Yaron Mayer (Photo: VNA) - President Nguyen Xuan Phuc received in Hanoi on August 10 Ambassador of Kuwait Yousef Ashour Al-sabbagh and Ambassador of Israel Yaron Mayer, who came to present their credentials. At his meeting with Ambassador Al-sabbagh, President Phuc affirmed that Vietnam always attaches importance to and wishes to enhance the traditional friendship with Kuwait, one of the leading economic … [Read more...] about ☀️ Morning digest August 11

The cooperation between the people’s councils of Hanoi and Vientiane will remain a key pillar in the relations between the two capitals in the 2022-2025 period. The Vientiane’s high-ranking delegation on August 11 held a meeting with the Hanoi National Assembly Deputies Delegation to share experience on improving the efficiency of elected bodies. Overview of the meeting. Photos: The Hanoi Times At the meeting, Chairman of the Hanoi People’s Council Nguyen Ngoc Tuan and his Vientiane’s counterpart Anouphap Tounalom expressed their delight that both capitals have achieved solid results in various fields including politics, economy, culture, defense, and foreign affairs amid growing global challenges, especially the Covid-19 pandemic. Both sides stressed the significance of the meeting which took place on the occasion of the 60 th anniversary of diplomatic relations (September 5, 1962 – September 5, 2022), and the 45 th anniversary of the signing of the … [Read more...] about Hanoi, Vientiane share experience in improving efficiency of elected bodies