Ideological factors leading to the introduction of the nhs

Foreign Minister Bui Thanh Son (R) and his Russian counterpart Sergey Lavrov. (Photo: VNA) Hanoi (VNA) - Russia is always one of the most important partners in Vietnam's foreign policy , Foreign Minister Bui Thanh Son told his visiting Russian counterpart Sergey Lavrov during their talks in Hanoi on July 6. At the talks between the two foreign ministers. (Photo: VNA) Vietnam adheres to the foreign policy of independence, self-reliance, multilateralisation and diversification of relations, he asserted, reiterating Vietnam's consistent stance on international and regional issues, including the Ukraine issue. The Vietnamese FM said he hopes relevant ministries and sectors of Russia will continue to create favourable conditions for the Vietnamese community to live, study and do business in Russia. Vietnam is one of the reliable and important traditional partners of Russia in the Asia-Pacific region, expressing his wish that the two sides will continue making efforts … [Read more...] about Russia always one of leading important partners of Vietnam: FM

There will be another VIR talk show on blockchain application on July 8, Photo: Shutterstock Earlier this year William Do, CEO of Hobbit Investment, explained that exponential benefits and fast payback time are making blockchain projects a 4.0 trend that is replacing the wave of startups that flourished in previous years. “The blockchain model with its transparent, speedy, and bold projects has solved the problems that pioneering startups of the past could not answer,” he said. According to Do, just a handful of projects launched during the 2017-2020 entrepreneurship wave were able to establish themselves in the international market. The remainder struggled to survive without the support of major players in their industries. In more recent times, Hobbit has successfully raised capital for blockchain game Fight of the Ages (FOTA), and Do will appear on a VIR talk show on July 8 to share his own personal experience as well as the general status of innovation funds for … [Read more...] about Building innovative funds in blockchain biz

Speaking at the Vietnam Circular Economy Forum 2022 last week in Hanoi, Caitlin Wiesen, resident representative of the United Nations Development Programme (UNDP) in Vietnam, suggested that the country needs to further promote renewable energy production. “We know that the cost of renewable energy has dropped dramatically, by 89 per cent over the past 10 years, and solar is currently the cheapest source of electricity,” she explained. In just five years, Vietnam has scaled up its solar capacity from virtually zero to over 16,000MW by 2022, far exceeding national targets, Wiesen added. “Vietnam also has rich wind power potential, especially offshore wind, with more than 3,200km of coastline,” she said. Meanwhile, over the past decades, the energy sector has been a fundamental enabler of inclusive economic development in Vietnam. The sector is well-positioned to lead the green growth ambitions of the country, Wiesen said, and can catalyse new investments, create new jobs, and … [Read more...] about Grand energy aims require direction

Projected GDPs for ASEAN+3 countries. Vietnam is forecast to be the second fastest-growing economy in the region this year. (Photo amro-asia.org) Hanoi (VNS/VNA) – Vietnam is expected to come out second only to the Philippines in terms of projected GDP for 2022 and on top for 2023, according to a recent Quarterly Update of the ASEAN + 3 Regional Economic Outlook. Specifically, the country was projected to achieve a growth rate of 6.3% this year and 6.5% next year, well above the region-wide figures which were estimated at 4.3% and 4.9% respectively. Compared to the previous update, Vietnamese growth rates were revised downwards to reflect the lower growth forecasts for China and the US, its major trade partners. The country was expected to top the list with growth rates of 6.5% and 7.0% in the April update. “Vietnam is a much more open economy and very exposed to the US and Chinese economies. Because we are expecting reductions in growth rates in these countries and … [Read more...] about Vietnamese economy to perform well: AMRO

A COVID-19 vaccination site in Hanoi (Photo: VNA) Tokyo (VNA) - The Executive Board of the International Monetary Fund (IMF) has highly valued Vietnam’s policy support to cushion the impact of COVID-19 in tandem with successful maintenance of fiscal, external, and financial stability and an impressive vaccination rollout. In a press release following a recent consultation with Vietnam, the IMF Executive Board said a recovery is underway and high frequency indicators point to stronger momentum going into 2022, with rising retail sales, industrial production, and firm entry. Growth is expected to reach 6% in 2022 as activity normalisation continues and the programme for recovery and development is implemented. However, the recovery of the labour market is lagging as underemployment remains high. While inflation has recently picked up due to rising commodity prices and supply-chain disruptions, it remains well below the central bank’s inflation ceiling. The Executive Board … [Read more...] about IMF hails Vietnam’s moves to cushion COVID-19 impacts

Vietnamese and Indian businesses from the pharmaceutical sector participate in a B2B meet at the India – Viet Nam Pharmaceuticals and Health Industry Conference on July 5. — VNS Photo Thu Hang Viet Nam is seeking co-operation with India in the field of pharmaceuticals, especially manufacture of vaccines for COVID-19, a conference heard on Tuesday. India is now the third biggest supplier of pharmaceutical products to Viet Nam, Tran Ngoc Liem, general director of the Viet Nam Chamber of Commerce and Industry’s HCM City branch, told the India-Viet Nam Pharmaceuticals and Health Industry Conference. Pharmaceuticals were one of India’s key exports to Viet Nam last year at US$267 million, he said. India is ranked third globally in terms of pharmaceutical output and 14th in terms of value. Its leading companies all meet international standards. The Vietnamese pharmaceutical market has been experiencing strong growth in recent years with 250 factories, 200 import-export … [Read more...] about Viet Nam, India eye partnership in pharmaceutical sector