Loosen monetary policy

Vietnam also needs to further strengthen its banks’ capital positions and develop its capital markets to improve financial resilience and promote long-term financing, it said. Vietnam should give priority to improving access to land and financial resources, particularly for small and medium enterprises (SMEs), it said. … [Read more...] about Vietnam GDP growth to be among world’s highest in 2020: IMF

Hanoi (VNA) - Deeper integration into the global value chain while developing an increasingly independent and self-controlled economy are both a requirement and a solution to help Vietnam overcome the challenges to realise its goal of rapid and sustainable development, according to Party Central Committee member and Minister of Industry and Trade Tran Tuan Anh. Anh made the statement in his presentation at discussions on January 28 during the on-going 13th National Party Congress. Placing emphasis on the importance of the industrial sector, he said it has been a driver for socio-economic development and the realisation of the country’s industrialisation and modernisation. Along with the achievements brought about by the “Doi Moi” (Renewal) policy, he highlighted several challenges in industrial development. The sector at present mainly engages in simple, low-added value processes such as assembling, a shortage of uniform development, and suffers from loose links in … [Read more...] about Deeper integration into global value chain crucial: Minister

Politburo member and Secretary of the Hanoi Party Committee Vuong Dinh Hue (standing) moderates discussions of the 13th National Party Congress on January 28 morning. In the previous day, 23 delegates delivered presentations assessing the implementation of the resolution of the 12th National Party Congress and the “Doi Moi” (Renewal) policy over the past 35 years. … [Read more...] about Party Congress continues discussion of draft documents on January 28

Higher education establishments have shifted from yearly training scheme to credit-based training. The assessment and examination of master's and doctoral training quality has been implemented more strictly. The quality of dissertations and theses is closer to international standards. Higher education establishments have shifted from yearly training scheme to credit-based training. The assessment and examination of master's and doctoral training quality has been implemented more strictly. The quality of dissertations and theses is closer to international standards. … [Read more...] about Education Minister outlines 9 achievements, 5 problems in educational sector

Vietnamese defense officials have reaffirmed Việt Nam was forced to use its just right of self defence in the war against the genocidal Khmer Rouge regime.– Photo baoangiang.vn AN GIANG – Vietnamese defense officials have reaffirmed Việt Nam was forced to use its just right of self defence in the war against the genocidal Khmer Rouge regime. … [Read more...] about Việt Nam remembers just war against genocidal Khmer Rouge