Deputy Prime Minister Le Van Thanh speaks at the third session of the 15th National Assembly On the morning of May 23, at the opening session of the third session of the 15th National Assembly, Deputy Prime Minister Le Van Thanh delivered a report on an additional assessment of the results of the implementation of the socio-economic development plan and the state budget in 2021 and that in the first months of 2022. Regarding additional results in 2021, the Government stated that 5/12 targets failed to meet the set goal. For instance, the gross domestic product growth rate reached 2.58 percent compared to the target of about 6 percent. Plus, GDP per capita reached US$3,680 against the target of $3,700, the contribution of total factor productivity to growth is about 37 percent compared with the target of 45 percent-47 percent, and the percentage of poor households with a multidimensional approach decreased by 0.52 percentage points compared to the target of 1-1.5 percentage … [Read more...] about This year’s economic growth target of 6 percent-6.5 percent huge challenge
Illinois rental housing support program
More favourable rule system urged for healthcare PPPs
Speakers at last week’s conference noted that dozens upon dozens of multinationals are interested in the healthcare PPP model in Vietnam. Photo: Chi Cuong At last week’s conference on the issue, hosted by VIR , Deputy Minister of Planning and Investment Tran Duy Dong said that Vietnam’s healthcare sector is facing a number of big issues, including rising infectious and non-communicable disease figures, hospital overload, and an ageing population. The pandemic has also revealed some weaknesses in the sector. “To further improve healthcare service quality and meet demand, mobilising financial resources for new development of infrastructure and medical equipment is a key requirement,” he noted. For the past five years, the government has looked to strengthen the implementation of a model for public-private partnerships (PPPs) for the public sector, including in healthcare services. However, according to VIR’s editor-in-chief Le Trong Minh, the picture of such investment in … [Read more...] about More favourable rule system urged for healthcare PPPs
Lawmakers mull creating fund for cinema development
At the Sunday preparatory session of the National Assembly, while discussing a Cinema Bill, lawmakers considered various ways to fund development of local cinema. A draft of a decree they created said the government would contribute to initially establishing a fund. Then more funding would be raised through voluntary contributions, sponsorships and other sources, it said. Finally, 3 percent would be deducted from ticket sales of foreign movies, 3 percent of film classification fees would be drawn, as would 1 percent of popular movie subscriptions, 0.05 percent of pay-TV subscriptions, 0.5 percent of revenues from advertising on film programs television, and 5 percent of post-audit fee, the decree said. Phan Viet Luong, deputy chairman of the House Committee for Culture and Education, said the fund would support the development of cinema, meeting the aspirations of the industry. Many countries have similar funds, he said. Luong said in the house that his committee is still … [Read more...] about Lawmakers mull creating fund for cinema development
Biden says 13 countries to join new Asia-Pacific trade framework
"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
Savings books given to pandemic-affected children
During the recent wave of the COVID-19 pandemic, Trade Union 230 members in Ho Chi Minh passed away due to the pandemic. One hundred ninety four children, including 95 under-ten ones, are directly affected by the pandemic’s consequences. So far, the Labor Federation of Ho Chi Minh City has completed essential procedures to hand over savings books to 114 pandemic-affected children in the first phase. At the event, the municipal Labor Federation presented 110 savings books, worth VND 10 million each, to 110 pandemic-affected children of Trade Union members and four savings books, worth VND 20 million each, to children strongly affected by the pandemic. In addition, Vietcombank gave VND 5 million each to four strongly pandemic-affected children and VND 1 million each to the rest. The savings accounts will be opened and handed over to the children when they are 18 years old. Annual interest will be directly transferred to the child's caregivers or guardians’ Vietcombank payment … [Read more...] about Savings books given to pandemic-affected children