Mechanic need

MPI Deputy Minister Tran Quoc Phuong expects a strong recovery of the economy GDP growth in the first quarter was estimated at 5 per cent on-year. Inflation was controlled and the consumer price index in the first four months increased by 2.1 per cent. Vietnam's Business Climate Index by EuroCham has risen to 73 percentage points, an increase of 12 points over the last quarter of 2021, which is the highest since the fourth wave of the pandemic, showing that business executives are upbeat as the country opens up. The number of newly-established enterprises in the first four months hit almost 50,000. Analysing the impact of the world's economic movement on Vietnam, economist Can Van Luc pointed out the forecast of two GDP growth scenarios for the coming years. In the first one, the GDP growth of Vietnam will raise by 5.5-6 per cent, while in the negative scenario, it will be 4.5-5 per cent. Which occurs will be dependent on the process of pandemic prevention, socioeconomic … [Read more...] about Specific solutions needed for a strong recovery

President Nguyen Xuan Phuc (R) shakes hands with visiting Indonesian Minister of Defence Prabowo Subianto. (Photo: VNA) Hanoi (VNA) - President Nguyen Xuan Phuc on May 13 called on the defence ministries of Vietnam and Indonesia to bolster consultations and support each other at multilateral forums, and maintain the common stance of ASEAN on regional issues, including the East Sea. He made the call while hosting a reception for Indonesian Minister of Defence Prabowo Subianto, during which he underlined the countries’ mechanisms such as the defence policy dialogue play a major role in exchanging viewpoints, and handling bottlenecks and promptly guiding bilateral defence ties . He hailed the official Vietnam visit by Subianto and a high-ranking delegation of the Indonesian Defence Ministry to attend the ongoing SEA Games 31, saying it will promote bilateral defence cooperation in a practical and effective manner, contributing to the Vietnam-Indonesia strategic partnership … [Read more...] about President calls for stronger Vietnam-Indonesia defence cooperation

Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 13. -President Nguyen Xuan Phuc hosted visiting Secretary of the Lao People’s Revolutionary Party (LPRP)’s Central Committee and President of the Lao People’s Supreme Court Viengthong Siphandone in Hanoi on May 13. President Phuc affirmed that the Party, State and people of Vietnam always attach great importance to preserving and developing the special Vietnam-Laos ties, including the cooperation between the two Supreme People’s Courts. Read full story - Prime Minister Pham Minh Chinh and leaders of other ASEAN countries had a working lunch with US lawmakers in Washington D.C. on May 12 (local times), ahead of the ASEAN-US Special Summit. Participants discussed issues related to cooperation in trade, investment, people-to-people exchange, science-technology, renewable energy development, and the response to security challenges in the region and the world. Read … [Read more...] about ☕ Afternoon briefing on May 13

Chairman of the Ho Chi Minh City People's Committee Phan Van Mai speaks at the conference (PHoto: SGGP) Speaking at the conference, Chairman of the Ho Chi Minh City People's Committee Phan Van Mai said that the disbursement progress has so far achieved 11 percent, which is lower than last year with 17 percent. He added that many units have had low disbursement rates; therefore, all units and investors must clearly define their responsibilities, review each project, and solve any problems to ensure progress, not accumulate at the end of the year. In order to speed up the progress of projects, Chairman Phan Van Mai asked the units to report in detail and analyze each project for solutions. Reporting at the conference, Director of Ho Chi Minh City Department of Planning and Investment Le Thi Huynh Mai said that most of the units with too low disbursement rates do have not much capital and are currently in the process of implementing procedures, so they have not completed the … [Read more...] about HCMC People’s Committee asks to remove difficulties, accelerate disbursement

Vietnamese Minister of National Defence General Phan Văn Giang met his Indonesian counterpart Prabowo Subianto on Friday in Hanoi and suggested the two countries strengthen the sharing of maritime information. Vietnamese Minister of National Defence General Phan Văn Giang and his Indonesian counterpart Prabowo Subianto review the honor guard of the Vietnam People's Army in the capital city of Hanoi on Friday. The three-day trip by Indonesian Defence Minister Prabowo Subianto started on Thursday. It is his first trip to Vietnam since he took office in October 2019. The Indonesian minister said that Indonesia always attaches importance to its relationship with Vietnam. The two sides agreed that defence cooperation between Vietnam and Indonesia has been promoted by both sides, and achieved many positive results. Based on the Memorandum of Understanding between the governments of the two countries, on enhancing cooperation between defence officials and … [Read more...] about Vietnamese, Indonesian defence chiefs discuss South China Sea, maritime information sharing

President Nguyễn Xuân Phúc received Indonesian Minister of Defence Prabowo Subianto on Friday in Hà Nội as part of the latter's visit to Việt Nam. — VNA/VNS Photo HÀ NỘI — President Nguyễn Xuân Phúc on Friday called on the defence ministries of Việt Nam and Indonesia to bolster consultations and support each other at multilateral forums, and maintain the common stance of ASEAN on regional issues, including the South China Sea. He made the call while hosting a reception for Indonesian Minister of Defence Prabowo Subianto, during which he underlined the countries’ mechanisms such as the defence policy dialogue play a major role in exchanging viewpoints, handling bottlenecks and promptly guiding bilateral defence ties. He hailed the official Việt Nam visit by Subianto and a high-ranking delegation of the Indonesian Defence Ministry to attend the ongoing SEA Games 31, saying it would promote bilateral defence cooperation in a practical and effective manner, contributing to the Việt … [Read more...] about President calls for stronger Việt Nam-Indonesia defence cooperation

Group photo of ASEAN leaders and US President Joe Biden in front of the White House at the banquet held on May 12, held ahead of the ASEAN-US Special Summit. (Photo: VNA) Washington D.C. (VNA) - The United States and ASEAN countries’ leaders have met for the US-ASEAN Special Summit in Washington on May 12-13. Following is the full text of the statement: ASEAN-U.S. Special Summit 2022, Joint Vision Statement MAY 13, 2022 WE, the Member States of the Association of Southeast Asian Nations (ASEAN) and the United States gather on the occasion of the ASEAN-U.S. Special Summit, the first-ever to be held in Washington, D.C., on 12-13 May 2022. EMPHASIZING the importance of adhering to key principles, shared values and norms enshrined in the Charter of the United Nations, the ASEAN Charter, the Declaration on Zone of Peace, Freedom and Neutrality (ZOPFAN), the Treaty of Amity and Cooperation in Southeast Asia (TAC), the 1982 United Nations Convention on the Law of the Sea … [Read more...] about US-ASEAN ties to be upgraded to Comprehensive Strategic Partnership in November: Statement

Vietnamese Prime Minister Pham Minh Chinh has hailed the U.S.’s policy to support a strong, independent and prosperous Vietnam and affirmed that the U.S. is one of leading partners of the Southeast Asian country. PM Chinh made the statement at his meeting with U.S. Secretary of State Antony Blinken in Washington, D.C on Friday on the sidelines of the ASEAN – U.S. Special Summit that took place on May 12 to 13. Chinh had earlier arrived in the U.S. on Wednesday for his weeklong trip to the country and attendance of the summit, at the invitation of U.S. President Joe Biden. The PM congratulated the U.S. on successfully responding to the COVID-19 pandemic and bringing life back to normal, as vividly illustrated by the hosting of the summit, in which the U.S. State Department as well as Secretary Blinken personally play a very important role. The Vietnamese government leader also extended his thanks to the U.S. government and people for offering Vietnam nearly 40 million doses of … [Read more...] about US among top important partners of Vietnam: PM Chinh

He made the call while hosting a reception for Indonesian Minister of Defence Prabowo Subianto, during which he underlined the countries’ mechanisms such as the defense policy dialogue play a major role in exchanging viewpoints, and handling bottlenecks and promptly guiding bilateral defense ties. He hailed the official Vietnam visit by Subianto and a high-ranking delegation of the Indonesian Defense Ministry to attend the ongoing SEA Games 31, saying it will promote bilateral defense cooperation in a practical and effective manner, contributing to the Vietnam-Indonesia strategic partnership for peace, prosperity and development of each country, the region and the world, as well as to strengthening mutual trust. The Vietnamese leader highly valued the results of talks between the two countries’ defense ministers and voiced his delight at their thriving defense relations. The countries have launched measures to consolidate political trust; fully implement signed cooperation … [Read more...] about President calls for stronger Vietnam-Indonesia defense cooperation

Wasted resources About 3.9 million tonnes of PET, LDPE, HDPE and PP plastic are used in Vietnam each year. Of these, only 1.28 million tonnes (33 percent) are collected for recycling (CFR). Thus, Vietnam discards up to 2.62 million tonnes of plastic every year, leading to a loss of 75 percent of the material value of plastic, equivalent to US$2.2 – 2.9 billion per year. The IFC-WB report on “Plastics Circularity Opportunities and Barriers” estimated that if all the plastics used in Vietnam were collected and recycled, the total annual value of the recycled products and materials would be equivalent to US$3.4 billion. Carolyn Turk, World Bank Country Director for Vietnam said the rapid urbanization and the expanding middle class have significantly increased the consumption of plastic products and packaging, turning emerging markets in the region, including Vietnam into hot spots of plastic pollution. As investment in waste management infrastructure has not kept pace with … [Read more...] about The Garbage economy, what Vietnam is missing