Deputies

Deputy PM Vu Duc Dam According to a report of the Ministry of Planning and Investment, the total investment plan of State budget capital in 2022 assigned to ministries and central agencies subject to inspection and urging by Working Group 3 is VND12,019 billion (US$519 million). Up to now, agencies have allocated VND10,796 billion to projects and the remaining amount is VND1,223 billion. The estimated five-month disbursement by ministries and central agencies as of May 31 is about VND464 billion, reaching 3.86 percent of the 2022 plan, lower than the national average of 20.27 percent. At the meeting, leaders of ministries and central agencies said that in order to promote the disbursement of public investment capital, it is necessary to closely coordinate with local administrations in order to accelerate construction progress, site clearance as well as remove obstacles relating to land ownership and increased material prices. At the same time, each unit must actively review … [Read more...] about Disbursement of public investment capital key political task: Deputy PM

At a meeting with U.N. Deputy Secretary-General Amina J. Mohammed in New York on May 16 (local time), the PM stressed that the year 2022 is of great significance as it marks the 45th anniversary of Vietnam’s U.N. membership. Appreciating the U.N.’s valuable contributions and support to Vietnam over the past more than four decades, the PM asked Amina to convey his invitation to Secretary-General Antonio Guterres and other U.N. leaders to visit Vietnam this year to foster multi-faceted cooperation between the two sides. Chinh reiterated Vietnam’s strong commitments to multilateralism and a world order based on international law and the U.N. Charter, as well as the country’s support for the U.N.’s central role in the global administration system, saying it needs global, all-people, and comprehensive approaches to tackle common challenges like epidemics and climate change. Vietnam backs enhancing relations between the U.N., parliaments of its member countries and the … [Read more...] about Vietnam to play more active role at U.N.: PM

The Vietnamese delegation was welcomed by General Mao Vibol, Deputy Director of the General Department of Policy and Foreign Affairs of Cambodia at the airport. The same day, the Vietnamese deputy defense minister had a bilateral meeting with heads of Cambodian and Singaporean delegations ahead of ADSOM and ADSOM+. At the meeting with Director of the General Department of Policy and Foreign Affairs of Cambodia General Nem Sowat, the two sides highly appreciated the bilateral defense cooperation over the past time, especially the success of the 5th Vietnam-Cambodia Defense Policy Dialogue and the freshly-ended first Vietnam-Cambodia Border Defense Friendship Exchange. They affirmed that these activities have contributed to popularizing the traditional friendship between the two countries to their people and troops. The heads of the two delegations agreed that in the coming time the two sides will closely coordinate to effectively carry out contents in the defense cooperation plan … [Read more...] about Vietnamese delegation to attend ADSOM and ADSOM+ in Cambodia

The demand for rented office space in HCM City has sharply risen after the Covid-19 pandemic. HCM City-based Commenty Company which specialises in IT has rented a bigger office in District 4 to expand its operations after posting a robust growth during the pandemic. The demand for rented office space in HCM City has sharply risen after the Covid-19 pandemic Nguyen Tien Tuan, director of a trading firm in HCM City, said that his company had moved to a new office following new hires. Many buildings in HCM City have cut office leases by 10-15 percent. Nguyen Ngoc Bich, deputy director of the office leasing service at Thien Nam Building, said that the company owns 11 buildings which had a 98-99 percent occupancy rate before the pandemic. Due to the pandemic, two buildings with a total area of 3,000 square metres were now empty. After three months of rent exemption, Thien Nam Building has attracted more customers. At present, only roughly 1,300 square metres … [Read more...] about Demand for offices for rent on the rise after pandemic

Despite trade activities between the nation and South American nations seeing growth in recent times, it remains far from fulfilling its full potential, especially for the textile and garment sector, according to industry insiders. South America is viewed as a highly lucrative fashion market that boasts a population of more than 437 million people and a relatively high per capita income. However, there are still few businesses and consumers in South America who are fully aware of Vietnamese fashion products. Furthermore, the Vietnamese textile and garment industry is in the process of developing rapidly and is able to meet many large orders with high requirements from different markets. Currently, the nation’s textile and garment exports to Brazil stands at between US$150 million and US$200 million per year, whilst those to Chile are between US$70 million and US$90 million per year and to Peru the figure is around US$30 million to US$40 million per year. Meanwhile, local textile … [Read more...] about South America viewed as potential market for Vietnamese apparel

Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 17. -National Assembly Chairman Vuong Dinh Hue met with Lao Prime Minister Phankham Viphavanh in Vientiane on May 17, where the two leaders discussed measures to promote bilateral relations. Read full story - The Vietnamese National Assembly is willing to create conditions for its Finance-Budget Committee to share financial supervision experience with the Lao Ministry of Finance, said NA Chairman Vuong Dinh Hue. Read full story Read full story Prime Minister Pham Minh Chinh (left) and UN Deputy Secretary-General Amina J. Mohammed. (Photo: VNA) - Vietnam will continue bringing into play its role and making more active and constructive contributions to the common work of the United Nations in all the three pillars – security-politics, development and human rights, affirmed Prime Minister Pham Minh Chinh during his meetings with UN leaders in New York on May … [Read more...] about ☕ Afternoon briefing on May 17