The Strategic Framework for Sustainable Development Cooperation 2022-2026 (CF) guides and steers the government of Vietnam and the UN in Vietnam’s collaboration on accelerating progress to achieve its Sustainable Development Goals. It highlights the joint commitment to deliver sustainable development for all. Speaking at the signing ceremony on August 11, MPI Minister Nguyen Chi Dung emphasised that the CF will be implemented at a time when Vietnam has been synchronously implementing solutions to strengthen economic recovery after the pandemic, respond to climate change, and transition to a green, circular economy. "The government has been working to improve institutions and policies in order to mobilise resources from all economic sectors to develop the country. Together with other development partners, the UN plays an important role in supporting Vietnam in its development, integration, and strong participation in global development through policy advice, sharing Vietnam’s … [Read more...] about Strategic framework for sustainable development between UN and Vietnam
International financial institutions
A corner of Phu Quoc (Photo: VNA) Hanoi (VNA) – Attracting large capital for urban development is essential for Phu Quoc city, which houses Phu Quoc island – Vietnam's largest off the southern province of Kien Giang, serving its diverse and sustainable growth after years of investing in the entertainment-resort tourism industry. A survey by the Vietnam Institute of Real Estate Studies ( VIRES ) showed that, in the past 3-5 years, over 90% of investors participated in the market’s tourism-resort realty segment. However, at the moment, the focus of investment has shifted to urban projects boasting transparent legality, with over 60% of investors interested in this segment. The vast majority of them chose long-term investment, expecting that the projects’ prices will increase many times in the coming years. Vice president of VIRES Pham Nguyen Toan noted Phu Quoc is gradually transforming itself into a profitable investment and settlement destination. He also singled out … [Read more...] about Phu Quoc welcomes increasing investment in urban development
SHB targets to be among the three largest private commercial banks in Vietnam This confirms that SHB has completely fulfilled its commitment to shareholders and investors on improving financial capacity in accordance with the plan to increase charter capital in 2021 – as approved by the annual general shareholders' meeting (AGM) – and lays the groundwork for the implementation of the next capital increase plan. In addition, SHB also aims to further enhance its charter capital to $1.59 billion by the end of 2022 under a decision made at its AGM. The hike will likely place it among the three largest private joint stock banks by charter capital. The bank’s reputation among domestic and foreign investors and international credit rating agencies has been solidified and improved in large due to the firm's consistent efforts to strengthen its operations over the last several years. SHB continues to grow its operating size and business development, accelerate financial … [Read more...] about SHB to increase its charter capital
Hanoi would continue to foster cooperation with Palestine, especially in economic, cultural, education and tourism activities. Palestine highly regards solidarity and friendship with Vietnam and sees it as a motivation to move forward. Delegates at the Congress. Photo: The Hanoi Times Palestine’s Ambassador to Vietnam Saadi Salama gave the remarks at the 3 rd Congress of the Vietnam-Palestine Friendship Association – Hanoi chapter for tenure 2022-2027. On this occasion, Salama expressed his appreciation to the Hanoi Association of Friendship Organization (HAUFO) and the Vietnam-Palestine Friendship Association – Hanoi chapter for their efforts in bolstering the affection and understanding between the two peoples. A report from the Vietnam-Palestine Friendship Association for the 2017-2022 tenure noted despite the severe Covid-19 impacts over the past two years, the association has been working closely with the HAUFO, the Vietnam Committee for Solidarity … [Read more...] about Solidarity with Vietnamese people motivates Palestine moving forward: Amb.
Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 15. – President Nguyen Xuan Phuc offered incense to President Ho Chi Minh at the late leader’s temple at Ba Vi Mountain in the outskirt of Hanoi on August 14, on the occasion of President Ho Chi Minh’s 53rd death anniversary and the 53 years of implementing his testament. President Phuc was accompanied by former National Assembly Chairman Nguyen Sinh Hung as well as incumbent and former leaders of the Party, State, Vietnam Fatherland Front, ministries, sectors and localities as well as representatives from the Nguyen Sinh and the Hoang Xuan families from Nghe An’s Nam Dan district – the hometown of President Ho Chi Minh. Read full story – The National Assembly (NA) Standing Committee opened a four-day law-making session in Hanoi on August 15, with 11 draft laws, ordinances and resolutions to be tabled for discussion. The draft laws include the Law on Petroleum … [Read more...] about ☕ Afternoon briefing on August 15
Hanoi, (VNA) - The following is a list of selected news summaries last weekend by Vietnam News Agency. – Prime Minister Pham Minh Chinh on August 14 attended a conference reviewing the 30-year cooperation between the President Ho Chi Minh Mausoleum Management Board and the All-Russian Scientific Research Institute of Medicinal and Aromatic Plants (VILAR) in preserving the corpse of the late Vietnamese leader. In 1992, when the agreement between Vietnam and the former Soviet Union became invalid, with permission by the Vietnamese and Russian Governments, the Mausoleum Management Board and VILAR switched to direct cooperation in preserving the corpse of the President. Read full story - Prime Minister Pham Minh Chinh on August 13 asked relevant ministries and sectors to uphold their responsibilities in solving difficulties and problems arising at the Ha Bac Fertiliser Plant under the Vietnam National Chemical Group (Vinachem), whose expansion was completed seven years ago. … [Read more...] about ☀️ Morning digest August 15