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Vo Van Thuong, permanent member of the Party Central Committee’s Secretariat, speak at the conference. (Photo: VNA) Hanoi (VNA) – Urbanisation is indispensable and an important driving force for Vietnam’s rapid, sustainable socio-economic development in the time ahead, Vo Van Thuong , permanent member of the Party Central Committee’s Secretariat, said at a conference in Hanoi on May 18. The conference looked into the implementation of the Politburo’s Resolution No. 06-NQ/TW, dated January 24, 2022, on urban planning, building, management and development by 2030, with a vision towards 2045. Thuong laid emphasis on the need to quickly build action programmes and plans on the implementation of the resolution, with specific roadmaps and tasks, he noted. It is also crucial to change theoretical mindset and urban planning methods, and ensure the long-term vision, harmony and modernity of planning schemes, with people and their living standards at the centre, and urban … [Read more...] about Urbanisation indispensable in national development: Party official

Accordingly, the city set massive targets for housing development, including a demand of at least 6.7 million square meters of housing and an average housing floor area per person reaching at least 21.2 square meters, extending 194.6 hectares of land for commercial housing projects and 52.1 hectares for social housing projects . Regarding capital sources, the city will need around VND72,578 billion (US$3.1 billion), including VND28,435 billion (US$1.2 billion) for commercial housing projects, VND43,456 billion (US$1.9 billion) for individual houses and VND698 billion (US$30 million) for social housing projects. Besides, the city is also reviewing the land fund of 20 percent for social housing construction at commercial housing projects and new urban areas in the locality. In addition, Ho Chi Minh City also proposed the State Bank to monitor and direct the commercial banks on strictly controlling the loans in the real estate sector, money transfer from real estate to overseas, … [Read more...] about HCMC needs over US$3 bln for housing development

US International Development Finance Corporation (DFC) and Fulbright University Vietnam (FUV) recently signed a financing agreement for $37 million in DFC financing for FUV’s new campus in Ho Chi Minh City. Prime Minister of Vietnam Pham Minh Chinh witnessed the signing ceremony on May 12 on the margins of the US-ASEAN Special Summit, a testament to the ongoing partnership between the United States Government, the Government of Vietnam, and the private sector to advance economic growth and opportunity in Vietnam. With support from the United States and Vietnamese governments, this project seeks to close the gap between the demand for skilled employees in Vietnam’s workforce and educational opportunities in the country, which currently falls short of what Vietnam and the region need for further development. Through its new campus, FUV plans to support Vietnam and the region in addressing complex and cross-cutting challenges including climate change, defensive … [Read more...] about US and Vietnam partner to advance higher education and workforce development

With the German labor market's scarcity of highly skilled workers, this is an opportunity for Vietnamese workers to develop their careers in Germany. In order to help young people best prepare to work in Germany, the Delegation of German Industry and Commerce in Vietnam (AHK Vietnam) and Saigontourist Hospitality College (STHC) organized the seminar "Working in Germany" on May 13. The seminar aims to provide information about opportunities, challenges, application process in Germany for foreign workers, the "ProRecognition" and "Hand in Hand for International Talents" projects. In the exciting atmosphere of the seminar, students and alumni learned from the experts of AHK Vietnam information about the German labor market, the requirements of German employers for foreign skilled workers as well as opportunities and challenges for Vietnamese workers. In addition, they also had the opportunity to listen to practical sharing from Khanh and Tien, two former students of … [Read more...] about Sharing information on opportunities for Vietnamese workers to develop their careers in Germany

Prime Minister Pham Minh Chinh speaks at an event on innovation held by Asia Society on May 17 (US time). — Photos baochinhphu.vn Viet Nam expects to have start-up collaboration with the US on issues of global concern like climate change, digital technology and supply chain diversification. Prime Minister Pham Minh Chinh was speaking at a forum on innovation and start-ups held by the Asia Society on May 17 (US time) in the US. He affirmed that Viet Nam identifies science and technology, innovation and entrepreneurship as important driving forces for development in the new period. All three strategic breakthroughs that Viet Nam identified namely institutions, infrastructure and human resources are related to these forces, he added. The Prime Minister expressed his wish that US partners will continue promoting cooperation activities, especially in innovative start-ups. Start-up collaboration should focus on issues of global concern that the two countries are promoting … [Read more...] about Viet Nam to work with the US to develop start-ups on climate change, digital transformation

A corner of District 2 in HCM City. — VNA/VNS Photo HÀ NỘI — The process of urbanisation is an important driving force for rapid and sustainable socio-economic development in the future, with urban areas slated to form a greater part of the country's economy in the next few years. Therefore, all levels of Party committees and Party members are told to focus on planning, construction, management and sustainable development of urban areas in Việt Nam by 2030. Politburo member and permanent member of the Party Central Committee's Secretariat Võ Văn Thưởng made the statement on Wednesday morning when he chaired a conference to direct the implementation of Resolution No. 06-NQ/TW, which is related to the country's urban areas. At the conference, Thưởng told the Government's Party Personnel Committee to soon issue an action plan to quickly implement the resolution. The action plan must have specific roadmaps and assignments; concreting the resolution’s targets into the annual … [Read more...] about Urbanisation process a driving force for rapid, sustainable socio-economic development