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The conference was held via videoconference on May 26 (Photo: VNA) Hanoi (VNA) - Assistant Minister of Foreign Affairs Do Hung Viet and Israel Ministry of Foreign Affairs’ Political Director Alon Bar co-chaired the fourth political consultation conference between the two ministries via videoconference on May 26. Viet and Bar briefed each other on the political and socio-economic situation in their respective countries, and highly valued the positive progresses in the all-round cooperation between Vietnam and Israel over the years, especially in politics, diplomacy, economy, science-technology, and startup. Viet welcomed the organisation of the fourth consultation conference, describing it as an effective mechanism for reviewing and enhancing the effectiveness of the cooperation between the two countries. He affirmed that Vietnam highly values and hopes to promote multifaceted ties with Israel , and thanked the Israeli Government and businesses for assisting … [Read more...] about Vietnam, Israel convene fourth political consultation

US stocks rally again as China premier warns on Covid-hit economy, illustration photo source: freepik.com After a positive session in Europe, the S&P 500 finished Thursday's session up two percent, positioning the broad-based US index to potentially snap a seven-week losing streak depending on Friday's session. "The market was very oversold, and way overdue to bounce," Adam Sarhan of 50 Park Investment said shortly before the market closed. "And what's happening now, the market is bouncing pretty strong." Stock markets have taken a beating this year as central banks have begun to raise interest rates in order to curb the highest consumer price rises in decades. But US stocks pushed higher on Wednesday after investors took a positive view of the Federal Reserve minutes, which raised hopes that while the central bank would move aggressively to lift interest rates, it might be able to halt additional rate hikes as soon as this summer if inflation recedes. Wall Street kept … [Read more...] about US stocks rally again as China premier warns on Covid-hit economy

Both additionally-registered and share purchasing of FDI rose strongly in the first five months According to the Ministry of Planning and Investment's Foreign Investment Agency, Vietnam counted newly-registed FDI inflows of about $11.7 billion in the first five months, equivalent to 83.7 per cent of the previous year's total. Of this, $4.12 billion was poured into 578 newly-licensed projects, a slight decrease of 5.7 per cent in the number of projects, and a sharp reduction of 53.4 per cent in value. $5.61 billion was added to 395 projects currently underway, a rise of 45.4 per cent in value and 15.5 per cent in number. Overseas investors also poured almost $2 billion into just over 1,300 share purchase deals, an increase of 51.6 per cent over the same period last year. FDI disbursement climbed slightly by 7.8 per cent on-year to $7.7 billion. Almost 35,000 valid foreign-invested projects were accumulated across the country with the total registered capital of $426 … [Read more...] about FDI grow strongly in the first five months

Modern equipment help improve medical examination and treatment service quality at Hospital A in Thai Nguyen province (Photo: VNA) Hanoi (VNA) – Legislators at the 15th National Assembly (NA) discussed in groups the draft Law on Medical Examination and Treatment (revised) on May 26 during their ongoing third session. Many deputies pointed out that after 10 years of implementation, the law has created an important legal framework for the caring and protection of people’s health through the management of medical activities, ensuring rights of patients. However, it has exposed a number of shortcomings and limitation, making it no longer suitable to the reality. According to Bac Ninh province’s representative Nguyen Thi Ha, the bill should specify policies to encourage the research and application of science and technologies in medical examination and treatment through support in land use, tax and finance, thus drawing more investment and knowledge from other countries. Deputies … [Read more...] about Legislators give ideas for revision of Medical Examination and Treatment Law

Hanoi, (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. – Senior Party officials of Vietnam and Cuba have agreed that amid the COVID-19 pandemic, regular meetings and exchanges between the two Parties and countries vividly demonstrate their special friendship. Vo Van Thuong, Politburo member and permanent member of the Secretariat of the Communist Party of Vietnam (CPV) Central Committee held online talks with Roberto Morales Ojeda, Politburo member and permanent member of the Secretariat of the Communist Party of Cuba (PCC) Central Committee on May 26. Read full story - Asia needs to play a greater role in maintaining and fostering a peaceful and stable environment conducive to development and prosperity in the region and beyond, on the shared basis of cooperation, understanding, trust and responsibility, Standing Deputy Prime Minister Pham Binh Minh has said. Minh made the suggestion while delivering his remarks at the 27th … [Read more...] about ☀ Morning digest on May 27