Hong kong economics

Hanoi (VNA) - Vietnam’s current leaders, including those to be elected by the 13th National Party Congress, want the country to play a greater role internationally and to step up proactive international integration, said Carlyle A. Thayer, an Emeritus Professor of Politics at the University of New South Wales in Australia. The expert made his statement in a recent article, in which he mentioned that in October last year, Vietnamese leaders released the text of the draft Political Report to be submitted to the 13th National Party Congress and the text of the socio-economic development plan for the next five years. He said according to the texts, Vietnam will continue on its path of domestic economic reform and anti-corruption drive. The nation will also step up its proactive efforts in international economic integration, including meeting its obligations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Regional Comprehensive Economic … [Read more...] about Aussie expert assesses how 13th National Party Congress impacts Vietnam’s future

Hanoi (VNS/VNA) - Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said. Last year saw the highest public investment disbursement rate in 2016-2020 as the Government identified public investment as a major driver for growth in the context of the COVID-19 pandemic. The Ministry of Planning and Investment estimated the public investment disbursement rate would reach more than 90 percent of the plan as of the end January 31 (the deadline for disbursement of 2020 public investment), compared to 73.3 percent of 2017, 66.8 percent of 2018 and 67.46 percent of 2019. There were 17 ministries, central-level agencies and 17 localities with disbursement rates of more than 80 percent as of December 31, 2020. However, 13 ministries and central-level agencies and five localities had disbursement rates below 60 percent. … [Read more...] about Public investment will focus on key projects: Minister

According to the embassy, India was popularly known as the pharmacy of the world, earning its credibility as one of the largest manufacturers of generic drugs. It also said the Indian pharmaceutical sector supplies over 50 per cent of global demand for various vaccines, 40 per cent of generic demand in the US and 25 per cent of all medicine in the UK. Indian drugs are exported to more than 200 countries in the world, with the US being the key market. … [Read more...] about Vietnamese, Indian pharmaceutical enterprises have great opportunities in Viet Nam

Đỗ Tú Quân, head of the Việt Nam Swiftlet Farming Association, said the total output of bird’s nests is expected to reach 160 tonnes of unprocessed bird’s nests in 2025. Most of the output will be exported to China to the tune of 100 tonnes, earning US$150 million. … [Read more...] about Bird’s nest exports set to soar