Vietnam economic news

Vietnamese Ambassador to Thailand Phan Chi Thanh (Photo: VNA) Bangkok (VNA) - Deputy Prime Minister Vu Duc Dam will attend the 78th session of the Economic and Social Commission for Asia and the Pacific (ESCAP) which will be held in Bangkok, Thailand from May 23-27, at the invitation of Armida Salsiah Alisjahbana , UN Under Secretary General and Executive Secretary of ESCAP. The Deputy PM’s participation at the session will deliver an important message from the Vietnamese Government that it highly values the effective cooperation with the UN in general and ESCAP in particular over the past 45 years, while demonstrating the country’s strong commitments to promoting its partnership with the UN and ESCAP in the coming time, according to Vietnamese Ambassador to Thailand Phan Chi Thanh, who is also the Permanent Representative of Vietnam to ESCAP . un ched by the ESCAP have made significant contributions to the socio-economic development and SDG implementation process … [Read more...] about Vietnam aims to deepen partnership with UN, ESCAP: Diplomat

Spain, which is one of the world leaders in clean energy, wants to boost its partnership with Vietnam in the field, Jiménez told Vietnam News Agency in an interview on the occasion of the 45th anniversary of the two nations’ diplomatic relations (May 23, 1977 - 2022). More and more Spanish companies are investing in Vietnam, particularly in sectors of common interest and those which suit both countries' orientations towards sustainable development, she said. She highly appreciated Vietnam’s strong commitments made at the 26th U.N. Climate Change Conference (COP26) last year and its efforts to cut greenhouse gas emissions, saying Vietnam must forge major reforms to realise its sustainable development ambitions. Referring to the progress of bilateral relations, she said that in the past Spain had boosted development cooperation with Vietnam, with emphasis placed on sustainable development and gender equality. The Spanish Agency for International Development Cooperation (AECID) … [Read more...] about Spain committed to accompanying Vietnam in renewable energy growth: ambassador

Legislators in Soc Trang Province passed a resolution on Friday to allocate VND1 trillion of the provincial budget to clear a site for Chau Doc – Can Tho – Soc Trang Expressway. Soc Trang Chairman Tran Van Lau said the fund is a "significant challenge" but for the general development of Mekong Delta, the province promises to fulfill the commitment. On the same day, An Giang legislators agreed on spending VND1.38 trillion of the provincial budget to clear a site for the expressway’s section in the province. Hau Giang authorities on Thursday decided to use VND823 billion for site clearance while the Can Tho City administration said its legislative unit will hold a meeting later this month to pass a resolution on extracting VND1.1 trillion of the city’s budget to clear a site for the expressway here. Chau Doc – Can Tho – Soc Trang Expressway will run 57 kilometers in An Giang, 37 kilometers in Can Tho, 37 kilometers in Hau Giang and 58 kilometers in Soc Trang. Costing a total … [Read more...] about Mekong Delta localities contribute $185 mln to build expressway

Traders purchase and sell fish at the Quảng Lợi lagoon's Ngư Mỹ Thạnh floating market. VNA/VNS Photo Hồ Cầu The Mekong Delta's famed floating markets, where local speciality produce is sold on boats, provide a unique scene that draws both local and foreign visitors. Researchers say that the floating markets were established to meet local goods distribution and consumption needs in the area where road traffic is less developed. In addition, the markets also illustrate the southerners' custom of buying, selling and travelling on the river. Nhâm Hùng, a cultural researcher, said that floating markets represented the cultural features, tourism specialties, and the pride of the land and people of the Mekong Delta. Cái Răng floating market (Cần Thơ City) was voted as one of the 10 most impressive markets in the world by the British travel magazine 'Rough Guide'. VMA/VNS Photo An Hiếu Among the floating marketplaces in the delta, Cái Bè in Tiền Giang Province and Cái Răng in … [Read more...] about Preserving the Mekong Delta’s floating markets

Carpet weaving helps people in Đức Mỹ Commune in Càng Long District improve their income. — Photo courtesy of nhandan.vn The preservation and development of craft villages in the Mekong Delta has not only made significant socio-economic contributions, they also play a key role in promoting sustainable development. Local officials say the villages enable economic restructuring in a positive direction as they use local materials and generate stable employment for many residents. An Giang Province currently has recognised 29 craft villages with 3,846 households that provide jobs for more than 12,000 people with an average monthly income of VNĐ3.5 to 5 million (US$160-220) per person. Most of these make products for the domestic market. A number of relatively large-scale establishments are actively seeking wider markets through fairs and promoting products such as fish sauce, jaggery and handicrafts. An Giang Province is famous for the jaggery made in Tri Tôn and Tịnh Biên … [Read more...] about Mekong Delta craft villages key contributors to sustainable growth

During an online meeting with voters in Can Tho, Chinh said the largest economic center in Mekong Delta is an important hub for intra-regional and international transportation; therefore, it is necessary to build a railway connecting it with the southern metropolis and the country's southernmost province Ca Mau. Can Tho needs to develop infrastructure, especially traffic and complete regional and inter-regional connectivity projects to promote the central role and driving force of regional development, the PM stressed. Some large ports will be invested and industrial parks developed, especially Vietnam Singapore Industrial Park Can Tho, he said, adding that he had discussed implementing some of these projects with international partners. Can Tho will also be the training center of the region with a mission of developing high-quality human resources, he said. The government has set a target of turning Can Tho into "a nuclear city in Mekong Delta that will be among the most … [Read more...] about PM orders sped-up launch of HCMC-Mekong Delta railway

Prime Minister Phạm Minh Chính meets with top officials of the Party Committee of the Central Highlands province of Gia Lai on Sunday. — VNA/VNS Photo Văn Điệp CENTRAL HIGHLANDS — Prime Minister Phạm Minh Chính on Sunday met with leaders of Gia Lai to review the Central Highlands province’s socio-economic development in 2021 and plans for the future. The meeting took place in Pleiku City, with Government leaders and Gia Lai’s top officials. The officials reported on the province’s past development and proposed new projects to be approved by the Prime Minister. Reviewing Gia Lai’s achievements and challenges in 2021, Hồ Văn Niên, secretary of the provincial Party Committee, said they were able to reach the “dual goal” of keeping up economic growth while dealing with COVID-19. This was illustrated in its Gross Regional Domestic Product (GRDP) increasing by 9.71 per cent compared to 2020, he said. The production value of agriculture, forestry and fishery reached VNĐ49.60 … [Read more...] about Gia Lai should be driving force of Central Highlands by 2030: PM

EVN workers checks electricity equipment. — VNA/VNS  Photo HÀ NỘI — Vietnam Electricity (EVN) said it is accelerating power generation and grid projects, especially urgent infrastructure, to ensure supplies in the hot season. The State-owned group said in the first four months of 2022, the firm and its subsidiaries had started work on 30 projects and put into use 31 grid facilities between 110kV - 500kV. It cited meteorological forecasting centres as saying that heatwaves this year are likely to appear in the northern and central regions later than usual, but won't be too severe. Power demand in the north is unlikely to rise sharply in May, and daily consumption will be around 805 million kWh. EVN noted that this month, it is working to guarantee supply for production and business activities as well as daily life, especially the 31st Southeast Asian Games (SEA Games 31) and the 15th National Assembly’s third session. It is maintaining high water levels at multi-purpose … [Read more...] about EVN accelerating projects to gear up for hot season

President Nguyen Xuan Phuc (sixth, right, front) and the honoured intellectuals at the event (Photo: VNA) Hanoi (VNA) – Amid the Fourth Industrial Revolution , the Party has defined that science-technology and innovation development is a strategic breakthrough for national development, and the contingent of scientists is the core of this process, stated President Nguyen Xuan Phuc at a ceremony held in Hanoi on May 21 to honour 106 outstanding intellectuals in the field of science and technology in 2022. "The dream of a prosperous Vietnam can only be realised under the guidance of the light of knowledge," he said. Addressing the event held by the Vietnam Union of Science and Technology Associations (VUSTA), the State leader highlighted the great attention that the Party and State have given to the development of science, technology and innovation as well as intellectuals in the field. He hailed the VUSTA's role in connecting Vietnamese scientists inside and … [Read more...] about Scientist contingent the core of science-technology, innovation development: President

Illustrative image (Source: VNA) Bangkok (NNT/VNA) - Representatives of ASEAN member nations are meeting in Bangkok for the second round of the High-Level Brainstorming Dialogue (HLBD) on Enhancing Complementarities between the ASEAN Community Vision 2025 and the United Nations 2030 Agenda for Sustainable Development. The event, overseen by Foreign Minister Don Pramudwinai and Executive Secretary of the UN Economic and Social Commission for Asia and the Pacific (ESCAP) Shamshad Akhtar, is taking place at the United Nations Conference Centre. According to Director-General of the Department of ASEAN Affairs Suriya Chindawong, Foreign Minister Don  Pramudwinai will voice the country’s support for the plan on ASEAN connectivity and the "no-one left behind" development agenda, as they correspond to the government’s policy. The Thai Government has also proposed establishing the ASEAN Centre for Sustainable Development Studies and Dialogue in Thailand in 2019 to … [Read more...] about Thailand hosts ASEAN High-Level Brainstorming Dialogue