Minister of Natural Resources and Environment Tran Hong Ha (R) and his Czech counterpart Richard Brabec (Photo: VNA) Prague (VNA) – Vietnam and the Czech Republic will enhance environmental collaboration under an action plan for cooperation during 2020-2025 signed between Minister of Natural Resources and Environment Tran Hong Ha and his Czech counterpart Richard Brabec in Prague on December 13. At the event, the two ministers spoke highly of the unceasingly consolidated traditional friendship between the two nations, describing it as a foundation for the environment ministries and sectors of both sides to boost cooperation in this field. Ha highlighted that the signing of the action plan, implementation of the Memorandum of Understanding signed between the two ministries in 2012 and the Vietnam-Czech environmental business forum will serve as a base for competent authorities of both sides to concretise cooperative activities in environment, climate change and technology … [Read more...] about Vietnam, Czech Republic step up environmental cooperation
How reducing food waste could ease climate change
PM promises 5-7 per cent corporate income tax cuts at GMS Summit
Prime Minister Nguyen Xuan Phuc at the sixth GMS Summit “We have been working to meet our commitments to protect intellectual property rights, innovative ideas, and the inventions of startups. We will continue to boost tax policy reforms and corporate income tax will be decreased to 15-17 per cent from the current 20-22 per cent,” stated Prime Minister Nguyen Xuan Phuc at the sixth Greater Mekong Subregion (GMS) Summit. At the summit, the PM said that in 2017, Vietnam continued to maintain one of Asia’s highest economic growths, with inflation controlled at 3.5 per cent. The country’s interest and exchange rates remained stable, trade turnover reached a record $425 billion, and foreign reserves have exceeded $60 billion. According to the World Bank, Vietnam’s Ease of Doing Business Index last year jumped 14 places to stand 68th among 190 economies. The World Economic Forum (WEF) placed Vietnam’s Global Competitiveness Index (GCI) at 55th out of … [Read more...] about PM promises 5-7 per cent corporate income tax cuts at GMS Summit
NA leader receives WB-IMF Parliamentary Network delegation
National Assembly Chairwoman Nguyen Thi Kim Ngan addresses the meeting (Photo: VNA) Hanoi (VNA) – National Assembly Chairwoman Nguyen Thi Kim Ngan hosted a reception in Hanoi on March 7 for a delegation from the Parliamentary Network on the World Bank and the International Monetary Fund (the Parliamentary Network) led by its Vice President Soukri Cherif. Showing her delight at the effective cooperation between Vietnam and the WB, the top legislator said that Vietnam needs the support of the international community, including the bank, to fulfill its goals amidst many difficulties and challenges. She affirmed that the NA of Vietnam will closely supervise the management and use of WB assistance, ensuring it is used effectively to bring added value to the local socio-economic development. She also spoke highly of the cooperation and support that the WB has given to NA agencies, which she said helped improve the legislature’s supervision over finance, budget and economy. … [Read more...] about NA leader receives WB-IMF Parliamentary Network delegation
Firms updated about RoK’s new rules on agricultural imports
Mangos are packaged to prepare for export (Photo: VNA) Hanoi (VNA) – Meeting tougher technical standards in production and preservation is the key to helping Vietnam’s agricultural products, including fruits, actively raise their export volume and value, an official has said. Nguyen Quoc Toan, Acting Director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development, made the remark at a workshop in Hanoi on June 19 that focused on the Republic of Korea (RoK)’s management system of the plant protection product (PPP) residue list for imported agricultural products. He said although agricultural products of Vietnam boast huge export potential, only when they meet strict production and preservation standards can the possibility of being exported directly to such markets as the RoK, Japan, Taiwan (China) and Europe be improved. Le An Hai, Deputy Director of the Department for Asian – African Markets of … [Read more...] about Firms updated about RoK’s new rules on agricultural imports
State President starts State visit to Japan
State President Tran Dai Quang and his spouse have left Ha Noi to start their State visit to Japan from May 29-June 2, 2018. State President Tran Dai Quang and his spouse have left Ha Noi to start their State visit to Japan from May 29-June 2, 2018 - Photo: VNA In 2018, Viet Nam and Japan are celebrating the 45th anniversary of their diplomatic ties. The two nations’ high-ranking leaders have organized visits and exchanges at international and regional forums, launching crucial cooperative mechanisms and enhancing close coordination at multi-lateral forums such as the UN, ASEAN, APEC and ASEM. Japan is one of Viet Nam’s key economic partners. In 2017, the countries' two-way trade value reached US$33.4 billion, up 16.8% against the previous year. Japan has taken the lead among nations and territories investing in Viet Nam with US$9.11 billion. As of March 2018, Japan has poured US$49.839 billion in 3,693 valid FDI projects in Viet Nam, ranking second. Japan is … [Read more...] about State President starts State visit to Japan