Japan minister of health

Lao Prime Minister Thongloun Sisoulith (Photo: VNA)   Vientiane (VNA) – Lao Prime Minister Thongloun Sisoulith hosted a reception in Vientiane on December 6 for a delegation of the Vietnamese Ministry of Culture, Sports and Tourism led by Minister Nguyen Ngoc Thien who have been on a two-day working visit to Laos. At the meeting, PM Thongloun spoke highly of the outcomes of the earlier talks between Lao Minister of Information, Culture and Tourism Kikeo Khaykhamphithoune and Minister Nguyen Ngoc Thien. He congratulated Vietnamese athletes on their outstanding achievements at the ongoing 30th Southeast Asian Games (SEA Games 30) in the Philippines and Vietnam on welcoming 15 million foreign visitors this year. Laos wants to learn from Vietnam’s experience in tourism development to turn tourism into an important economic sector of the country in the coming time, he said. In reply, Thien affirmed that his ministry is willing to share experience and bolster … [Read more...] about Vietnam, Laos enhance cooperation in culture, sports, tourism

 Deputy Prime Minister and Foreign Minister Pham Binh Minh (R) and OIF Secretary General Louise Mushikiwabo (Photo: VNA)   Hanoi (VNA) – Deputy Prime Minister and Foreign Minister Pham Binh Minh lauded the Francophone community as an important partner of Vietnam during his talks with Secretary General of the International Organisation of La Francophonie (OIF) Louise Mushikiwabo in Hanoi on December 6. Minh and Mushikiwabo discussed the Francophone community’s prioritised activities in the near future, measures to boost ties between Vietnam and French-speaking countries, preparations for the 50th anniversary of the OIF and the 18th Summit of the Francophonie in Tunis, the capital city of Tunisia. Vietnam supports the Francophone community’s common efforts, especially in promoting the use of French language, economic cooperation, innovation, sustainable development, and OIF governance reform, thus better meeting expectations of its member states, he … [Read more...] about Francophone community described as important partner of Vietnam

Vietnamese Prime Minister Nguyen Xuan Phuc (left) and his Russian counterpart Dmitry Medvedev speak at the launching ceremony. (Photo: VNA) Moscow (VNA) – The Vietnam Year in Russia and the Russia Year in Vietnam were launched at a ceremony in Moscow on May 22 night, with the Prime Ministers of the two countries attending. The event took place during the ongoing official visit to Russia from May 20-23 by Vietnamese Prime Minister Nguyen Xuan Phuc, made at the invitation of his Russian counterpart Dmitry A. Medvedev. In his remarks, PM Phuc highlighted the close relations between the two countries and recalled the signing of the treaty on fundamental principles of Vietnam-Russia friendship 25 years ago, describing it as opening up a new chapter for the bilateral ties. The Vietnam Year in Russia and the Russia Year in Vietnam are expected to help enhance the friendship, traditional fraternity and comprehensive cooperation between the two countries, he said. The important … [Read more...] about Vietnam-Russia friendship year launched

Illustrative image (Photo: VNA)   Hanoi (VNA) – Permanent Deputy Prime Minister Truong Hoa Binh delivered a keynote speech at a high-level session of the 10th Regional Conference of the Anti-Corruption Initiative for Asia-Pacific, themed “Preventing and Combating Corruption in Infrastructure Projects in Asia-Pacific”, in Hanoi on December 6. In his speech, Binh said Vietnam considers infrastructure building as one of the three strategic breakthroughs to turn itself into a modern-oriented industrialised nation. To such end, he said Vietnam will focus on four tasks, including fine-tuning laws and policies, effectively using resources for infrastructure development, especially in land, construction, investment, construction, investment, bidding; pooling non-State resources for infrastructure development, especially in the form of public-private partnership; prioritising investment in national defence-security or projects that fail to call for investment; and … [Read more...] about Deputy PM addresses conference on anti-corruption initiative

The State Bank of Viet Nam (SBV) has instructed local banks to better control risks in corporate bond investment, especially bonds of real estate firms. According to the SBV, after reviewing the business performance of banks in the first half of this year, it saw the corporate bond investment of some banks facing risks as the ratio of such investment was high and is continuing to rise. Notably, the amount of bond investment in construction and real estate firms at some banks accounted for a large proportion of the banks’ total assets while the real estate market has not yet recovered firmly and the business performance of realty firms still faces many difficulties. In addition, some banks also invested in bonds with other purposes, such as to restructure debts of issuers, which have high risks. In order to ensure the safety of the banking system and limit risks in corporate bond investment, under the direction, SBV required banks to review their internal regulations related to … [Read more...] about VN banks warned about risks of real estate corporate bonds