Mcms

Prime Minister Nguyen Xuan Phuc on January 19 witnessed authorities of Phu Yen Province licensed 17 projects worth nearly VND12.4 trillion (US$546.8 million) during the provincial investment promotion event.

Prime Minister required Phu Yen to work to turn tourism into a true momentum for the province’s growth

Having applauded Phu Yen’s efforts in economic development, infrastructure building and investment climate improvement, PM Phuc expressed his hope that with these initial foundations and local people’s industriousness, the province will develop rapidly and sustainably and become one of the leading localities in the central and Central Highlands regions.
To reach the target, he asked Phu Yen to strongly reform its mindset and be creative to have more synchronous and effective solutions, adding that the entire political system needs to join hands in addressing difficulties and challenges and seizing opportunities.
The province has to improve its mechanisms and policies and ensure their openness, stability, and transparency in addition to promoting start-ups, especially of young people in rural areas, while paying attention to developing local businesses and attracting more foreign investments, the PM noted.
It is necessary to apply digital technology in administrative management and building e-government to eradicate red tape, he said, adding that Phu Yen also needs to improve its Provincial Competitiveness Index and Provincial Governance and Public Administration Index so as to become a capable and trustworthy partner of investors.
PM Phuc suggested the province reinforce cooperation with neighboring provinces, particularly with Binh Dinh, Khanh Hoa, Lam Dong and Dak Lak which can supplement Phu Yen’s strengths with their advantages.
It should call for investments from major businesses into potential fields, attract investments in clean and hi-tech industries, and determinedly revoke natural resources from badly-performing investors to give them to capable firms, he said.
The Government leader told the provincial authorities to continue working to turn tourism into a true momentum for the province’s development, saying they need to attract big and prestigious investors while diversifying and improving tourism services and enhancing connectivity with Vietnamese and foreign localities.
He also asked Phu Yen to develop fisheries into a major economic sector, support local fishermen, and prevent illegal fishing.
With a strategic geographical location, Phu Yen has a road system that is part of the national North-South route as well as railway, aviation, and sea routes. It also boasts diverse natural resources to develop the sea-based economy, tourism, hi-tech agriculture, mining, and renewable energy.
Over the last years, the province has offered a number of favorable conditions for investors. As a result, from 2011 to 2017, it attracted 284 investment projects, including 19 FDI projects, with a total registered capital of over US$4.74 billion and VND28.67 trillion (US$1.26 billion).

Vietnam said it ensures free religious practices to all those who profess their faith.

Le Thi Thu Hang, spokeswoman of the Vietnamese Ministry of Foreign Affairs. Photo: MOFA

The policies which are constitutionalized have been made practical, said Le Thi Thu Hang, spokeswoman of the Vietnamese Ministry of Foreign Affairs (MOFA), in response to a question on the release of 2019 Annual Report by the US Commission on International Religious Freedom (USCIRF) late last month.

Hang hailed the USCIRF’s acknowledgement of Vietnam’s achievements and movements in ensuring free religious practices but some of the commission’s remarks remain biased and wrong about the situation in Vietnam.

She added that Vietnam has completed the legal framework, including policies on religion and belief, especially the Law on Religion.

As a result, 95% of people in Vietnam are free to follow their faith. Some 27% of total population are followers of different religious sects. There are nearly 53,000 religious dignitaries and 134,000 interns working in 28,000 worship facilities, Hang said in a statement released by the MOFA.

Vietnam has more than 8,000 religious festivals annually and it has hosted many international religious festivals including the 500th anniversary of the Christian Reformation in 2017 and the UN Day of Vesak Celebrations for three times in 2008, 2014, and 2019, Hang said.

The USCIRF said in its report that Vietnamese police harassed Catholic, Hoa Hao, and Cao Dai religious leaders for participating in religious freedom conferences overseas and for meeting with foreign diplomatic personnel. Ethnic minority communities faced especially egregious persecution for the peaceful practice of their religious beliefs, including physical assault, detention, or banishment.

The Xmas market has been bustling in every corner of the capital Hanoi, seeing a flood of made-in-Vietnam goods.

Hanoi Times – Dell Inc. and the FPT Information System (FIS) penned an agreement o­n strategic cooperation o­n January 23.

Hanoi Times – Dell Inc. and the FPT Information System (FIS) penned an agreement o­n strategic cooperation o­n January 23 .

FIS is assigned to be Dell’s new strategic partner in Vietnam and will be responsible for providing Dell products to enterprises. In ASEAN region, FIS will act as the provider of consultancy services and plan implementation for Dell.

Through this cooperation, Vietnam Dell can expand its business to the enterprise community; diversify its products and provide FIS solutions to customers in its globalization strategy.

Dell, in its turn, pledged to assist FIS establish a sale network and after-sale services throughout Vietnam .

“The strategic cooperation agreement is an important mark in our process of globalization,” FIS General Director Do Cao Bao said, adding that FIS will have plenty of opportunities to expand its market outside Vietnam .

The eleven Asia-Pacific nations have just inked the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) in Santiago, Chile.

As the world economy has been sluggish with several unexpected events, the stability on policy and regulations is now one of the most priorities for enterprises in investing abroad.