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Nghi Son 1 power plant in Thanh Hoa (Source: baothanhhoa.vn) Thanh Hoa (VNA) – The central province of Thanh Hoa collected about 26.33 trillion VND (1.12 billion USD) to the State budget in the first six months of this year, completing 94% of its plan for the period. According to the provincial Department of Finance, domestic collection was estimated at 16.67 trillion VND, fulfilling 97% of the target for the whole year. Of the total, collection from land use fee was over 7.77 trillion VND. Meanwhile, collection from foreign-invested firms exceeded 3.25 trillion VND, and income from the non-State-owned sector topped 1.44 trillion VND. At the same time, income from import and export activities in the first six months of this year hit over 9.65 trillion VND, equivalent to 88% of the plan. Localities across the province also contributed over 10 trillion VND to Thanh Hoa’s State budget collection in the January-June period. Vice Chairman of the provincial People’s … [Read more...] about Thanh Hoa shows strong performance in State budget collection

Illustrative image (Source: VNA) Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,144 VND/USD on July 5, up 23 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,838 VND/USD and the floor rate 22,450 VND/USD. The opening-hour rates at some commercial banks also went up. At 8:30 am, Vietcombank listed the buying rate at 23,180 VND/USD and the selling rate at 23,490 VND/USD, both up 50 VND from July 4. BIDV also raised both rates by 30 VND to 23,190 VND/USD (buying) and 23,470 VND/USD (selling)./. VNA … [Read more...] about Reference exchange rate up 23 VND

Global tech giant Google is in the process of considering moving orders for future phones to Vietnam in an effort to avoid risks posed by ongoing trade tensions between the United States and China, as well as China's COVID-19 lockdown, newspaper DigiTimes of Taiwan (China) reported. Google's Pixel 7 smartphone The Taiwanese media outlet cited sources from the upstream supply chain as saying that the US-based tech firm originally planned to produce its smartphones in Vietnam. However, it ultimately decided to keep its production in China due to a combination of the pandemic coupled with the strong support provided by Chinese supply chains. However, DigiTimes assessed that the strict COVID-19 lockdowns implemented by the northern neighbour have prompted the company to reconsider its view. According to figures compiled by Canalys, Google has seen robust demand for its Pixel 6 in the North American market, with the smartphone's shipments reaching around 1.2 … [Read more...] about Google ponders moving smartphone production from China to Vietnam

Illustrative image (Source: VNA) Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,171 VND/USD on July 6, up 27 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,865 VND/USD and the floor rate 22,477 VND/USD. The opening-hour rates at some commercial banks continued with the upward trend. At 8:30 am, Vietcombank listed the buying rate at 23,195 VND/USD and the selling rate at 23,505 VND/USD , both up 15 VND from July 5. BIDV also raised both rates by 30 VND to 23,220 VND/USD (buying) and 23,500 VND/USD (selling)./. VNA … [Read more...] about Reference exchange rate up 27 VND on July 6

Millions of children, including those in Vietnam, are victims of physical, sexual, and emotional violence in families, schools, and the internet. The Vietnamese Government has been making unremitting efforts to end violence against women and children over the past years, paying special attention to the negative impacts of the Covid-19 pandemic on people. Deputy Minister of Labor, Invalids and Social Affairs (MoLISA) Nguyen Thi Ha made the statement at the launching ceremony for the Blue Heart Campaign 2022 held in Hanoi on July 5. Themed “No tolerance to violence against children and women”, the campaign calls on people to take action in response to violence against children and women. Deputy Minister of Labor, Invalids and Social Affairs Nguyen Thi Ha speaks at the launching ceremony. Photo: Nhat Anh Deputy Minister Nguyen Thi Ha said the campaign aims to end violence in the context of increasing risks with diverse forms of violence. “However, the … [Read more...] about Vietnam makes unremitting efforts to end violence against women and children

It was reported at the meeting that 47 out of the total 80 sub-items in the joint initiative have been well implemented as scheduled so far, 15 are underway, six make no progress, and work will start on 12 others in the time ahead. Do Nhat Hoang, head of the Foreign Investment Agency under the MPI, said Vietnamese ministries and agencies have coordinated with the Japanese side to implement commitments in the action plan of the initiative. Vietnam’s commitment to materialising the joint initiative manifests the government’s resolve to improve the domestic investment environment, he said. Many legal documents have been amended and adopted within the framework of the initiative, he noted, adding that Vietnamese ministries and agencies have also taken into consideration many recommendations of Japan during the consolidation process of fine-tuning laws and policies, as well as law enforcement. Envoy Okabe Daisuke from the Japanese Embassy emphasised that the two sides will continue … [Read more...] about Vietnam, Japan review joint initiative