Hails role of

Speaking at the Theoretical Council’s meeting in Hanoi, the Party leader highly valued the council’s work during 2016-2021, noting that it has continually reformed the operational model and methodology, gathered more scientists, institutes, academies, and universities, and built on the attainments and experiences gained in the previous terms to fulfill its functions and tasks, thereby contributing to common successes of the Party and the country.

He also suggested some issues needing attention in the time ahead and asked for thorough understanding of the requirements in the political theoretical work in the new period. The council’s role in providing consultations in terms of viewpoints, strategies and theoretical guidelines remains limited, the Party chief said, adding that many issues in the country’s 35-year Doi Moi (renewal) cause and 30-year implementation of the 1991 Platform, as well as newly emerging issues in reality in Vietnam and the world, have not been analysed and clarified.

The 13th National Party Congress identified the strategic vision as well as a detailed road map and steps to develop the country in the next five, 10, and 25 years. The international context and the demand for breakthrough development in the new period require that the Party continue reforming its development mindset in a way that fully taps into Vietnam’s potential, stature and conditions and matches development trends in the world and of the era, he pointed out.

The leader told the council to study new theoretical issues in the world, experiences of developed countries, along with scientific – technological revolutions.

General Secretary Trong also asked the council to improve the quality and effectiveness of political theory-related advice to help the Party Central Committee, the Politburo, and the Secretariat direct national development and defence efforts.

It should also proactively coordinate with ministries, sectors, central agencies, local Party committees, and political theory researchers nationwide in reality analysis and theoretical research, he said, adding that during the 25 years of operations, the council has established itself in the system of central agencies.

On this occasion, the Theoretical Council was granted a merit certificate from the Prime Minister in recognition of its contributions to the compilation of the documents of the 13th National Party Congress, the fight to protect the Party’s ideological foundation, and theoretical research.

Speaking at the handover conference on April 15, Deputy PM Khai congratulated Phong on his new role and expressed his belief that Phong will put his full potential into service so as to ensure the Government Inspectorate will function effectively.

Khai asked the new chief inspector to accelerate the inspection plan for 2021 while strengthening the discipline of inspection officials while performing their duty.

For his part, Government Inspector General Phong vowed to be impartial and strive to effectively carry out the duties assigned by the Party, State and people.

Doan Hong Phong was elected as chief of the Government Inspectorate at the 11th plenary session of the 14th National Assembly, replacing Le Minh Khai, who has been elected as Deputy Prime Minister.

The 8th National Congress of the Communist Party of Cuba opened on April 16. — ACN/VNA Photo

HÀ NỘI — The Central Committee of the Communist Party of Việt Nam (CPV) has sent a message of greetings to the Communist Party of Cuba (PCC) on the occasion of the PCC’s 8th National Congress.

The following is a translation of the message:

“Dear comrades,

The Central Committee of the Communist Party of Việt Nam is delighted to extend victorious greetings and the warmest congratulations to the fraternal PCC Central Committee on the occasion of the PCC’s eighth National Congress, “the Congress of the historical continuity of the Cuban Revolution” and the eternal spirit of the Sierra Maestra, Girón and President Fidel Castro.

The eighth Congress of the PCC takes place at a time when the situations in the world and regions unfold in a very complex and unpredictable way, the COVID-19 pandemic continues to have a profound impact on all aspects of political, economic and social life of countries across the world, including Cuba and Việt Nam.

The PCC and people of Cuba have shown great efforts, will and determination to promote and step up the building of a prosperous and sustainable Socialism on the heroic island.

We warmly congratulate the Cuban brothers for the great achievements made in the implementation of the Guidelines of the Economic and Social Policy of the Party and the Revolution, as part of the Process of Updating the Economic and Social Cuban Model, approved by the sixth and reaffirmed in the seventh National Congress of the PCC.

Despite innumerable difficulties and challenges, Cuba continues to be persistent, proudly upholding the flag of “winning one hundred victories in one hundred battles”, and is the symbol of revolutionary heroism, the pure international spirit and the steadfast will of struggle, actively participating in the struggle for national independence and social progress of the peoples in Latin America and the Caribbean and of the peoples over the world.

Dear comrades,

The special relationship between Việt Nam and Cuba, in which the ties between both parties are the political base and play an important guiding role in promoting the bilateral ties, has been built and fostered by the revolutionary leaders, such as José Martí, Hồ Chí Minh, Fidel Castro and different generations of leaders from Việt Nam and Cuba. This special relationship continues to be constantly cultivated and developed in all aspects with great achievements, demonstrating the sentiment and the firm and faithful revolutionary stance of the Parties, States and people of both countries, contributing to the revolutionary causes and the construction of Socialism in each nation.

The Party, State and people of Việt Nam highly appreciate and forever remember the loyal and pure fraternity and solidarity, and the great and selfless support of the Cuban Party, State and people for their Vietnamese counterparts.

The immortal words of President Fidel Castro “For Việt Nam, we are willing to give even our own blood” will forever be the noble symbol of this sacred relationship. On this occasion, we reaffirm the consistent stance of the Party, State and people of Vietnam to continue strengthening and deepening the exemplary relationship and traditional friendship, comprehensive cooperation, faithful solidarity between the Parties, States and peoples of Việt Nam and Cuba.

Once again, we wish the eighth National Congress of the PCC a great success and we believe that our fraternal heroic PCC, together with the State and people of Cuba, will successfully implement the resolutions approved at the important meeting, obtaining even greater victories in the cause of construction and defence of the beautiful Cuban Fatherland, towards the goal of building a prosperous and sustainable Socialism.” — VNS

Nirukt Sapru joins the Global Advisory Board of Timo Digital Bank platform

With more than 34 years of experience in retail, commercial and investment banking, Nirukt possesses deep emerging market experience across Asia, the Middle East, Eastern Europe, and Latin America, coupled with having run businesses in the OECD markets of Australia, Europe, and North America.

Most recently, he served as Standard Chartered Bank CEO for Vietnam and Cluster CEO for ASEAN and South Asia cluster markets. During his tenure, Standard Chartered Bank Vietnam became one of the leading international banking franchises in Vietnam and he is in particular credited for building out a digital retail franchise.

Prior to joining Standard Chartered, Nirukt was global head of Emerging Markets and Leverage Finance for ABN AMRO Bank based in London.

His extensive knowledge and experience in Vietnam and other financial markets will allow him to contribute significantly to the long-term domestic and international development of Timo.

Both Nirukt and Timo strongly believe that any strategy must be based on customer-centricity.

“Timo has an extraordinary cloud based native digital platform which allows it to provide a truly world-class digital solution for its customers,” said Nirukt. “With its obsession with customer outcomes, I am excited to join the team at Timo to serve our customers and give them a truly world class customised experience.”

With this appointment, Timo gains an exciting opportunity to understand international financial development trends and customise them to the digital banking ecosystem in Vietnam. Nirukt will therefore play a key advising, supporting, and empowering role for Timo’s senior management, complementing and validating strategic matters.

Setting up a Global Advisory Board is crucial to assist Timo in realising its aspirations of becoming the preferred “financial partner” for customers and provide the best financial experience anytime, anywhere.

Setting up a Global Advisory Board is crucial to assist Timo in realising its aspirations of becoming the preferred “financial partner” for customers and provide the best financial experience anytime, anywhere.

To further advance this mission, Timo has concurrently made a series of additional senior management appointments tasked with developing further innovative solutions. The company hopes to positively contribute to the overall development of the banking and financial sector in Vietnam and improving the lives of the Vietnamese people through innovative and customised digital solutions.

These efforts are also starting to attract global attention. Recently, Timo was awarded Best Digital Bank in Vietnam 2021 by the prestigious International Business Magazine, the third consecutive year that Timo has received the award “Best Digital Bank in Vietnam”.

Nguyen Bao Hoang, CEO of Timo said that he sees the line between digital and traditional banks continuously blurring in the future. Timo therefore aspired to simply become a leading bank in Vietnam over the next decade.

Meanwhile, in addition to strengthening its position domestically, Timo is also assessing international strategic opportunities. Specifically, the company is open to international partners and investors who can provide strategic value to the financial ecosystem and reach customers in both financial and non-financial segments to increase Timo’s overall competitiveness in this period of abundant opportunity but also significant challenge.

By Ha Thuy