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Hanoi (VNA) – Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop held in Hanoi on January 26. Vo Huu Hien, Vice General Director of the Ministry of Finance’s Department of Debt Management and External Finance, made the statement, adding that the effective management has transformed Vietnam from a poor and heavily indebted country into a one receiving international organisations’ recognition as having a controlled external debt level and being excluded from the group of countries with a debt burden. According to data from the ministry, the public sector’s proportion in the structure of the national external debt decreased from 73.6 percent in 2010 to 63.4 percent in 2015 and 43.7 percent in 2020. The Government’s foreign loans are mainly official development assistance and concessional loans. To date, Vietnam has signed more than 85 billion USD worth of these loans. … [Read more...] about Progresses seen in Vietnam management of national foreign debts: workshop

Hanoi (VNA) - Vietnam has conditions and potential to become a developed country in the future as it boasts rich resources and abundant labour, high education lever, geographical advantages connecting Asia and the world, efficient government and patriotic citizens. The remark was made by JaeHo Jeong, Hanoi Bureau Chief of the Korea Times, on January 26 when he was present at the National Convention Centre in Hanoi to cover the opening ceremony of the 13th National Congress of the Communist Party of Vietnam (CPV), the most important political event of Vietnam. “I think Vietnam will have a brighter future than the present,” he said, adding “its role will increase amid the rapidly changing global situation”. More industrial facilities based in China will be relocated to Vietnam, and it will also serve as a key country connecting Europe and Asia with the Europe-Vietnam Free Trade Agreement (EVFTA) taking effect. Nearby Indochinese countries are predicted to … [Read more...] about Reporters pin high hopes on Vietnam’s future

For the past few years, New Zealand’s education system has been ranked first among English-speaking countries and third in the world for delivering a future-focused education, according to the Worldwide Educating for the Future Index by Economic Intelligence Unit. New Zealand has become a preferred study abroad destination for international students including Vietnam. Until the end of 2019, there were 3,040 Vietnamese students in New Zealand, an increase of 10 per cent compared to the previous year, with 28 per cent students studying in schools and 35 per cent in universities. … [Read more...] about New Zealand awards Global Competence Certificate to 25 Vietnamese students

HCM City (VNA) - HCM City’s Vietnam Fatherland Front (VFF) Committee has expressed its appreciation of the southern city’s Vietnam Buddhist Sangha (VBS)’s active engagement in local COVID-19 response over the last year, Standing Vice Chairman of the committee Nguyen Thanh Trung told a conference on January 26. The conference was held by the Executive Board of the VFF committee to review Buddhist affairs last year and map out orientations for 2021. Trung said the VBS proved itself an important VFF member and became a symbol of national unity. Recognising its achievements in Buddhist affairs in 2020, he also praised the VBS for proactively supporting the city in combating COVID-19 and joining humanitarian, charitable, and social welfare programmes. Such efforts have helped inspire and promote patriotism and consolidate the national great unity while contributing to developing HCM City as a civilised, modern city with a good quality of life, he said. The conference … [Read more...] about HCM City’s Buddhist unit hailed for active engagement in COVID-19 response

Also among the orientations are building and completing the socialist law-governed State; building a clean, strong, lean, efficient, and effective political system; pushing ahead with the fight against corruption, wastefulness, bureaucracy, and negative phenomena; and continuing to enhance Party building and rectification in a comprehensive manner, in association with reforming the Party’s leadership and ruling methods. The Party General Secretary and State President said the Party’s 13th tenure is an extremely important milestone since it serves as the prerequisite for the next tenures to successfully achieve the strategic national development goals for 2030, with a vision to 2045. He emphasised the resolve to effectively carry out the tasks and solutions put forth in the documents submitted to the 13th National Party Congress so as to herald a new development phase for the country, with the following focuses: First, to continue promoting Party building and … [Read more...] about New, outstanding issues in national development orientations for next decade