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The Vietnamese Government sees Samsung as a successful investment model in Vietnam. The Vietnamese Government is committed to creating the utmost conditions for Samsung to further expand investment and production activities in Vietnam, to form a closed-loop production chain in the fields of electronics/electricity. Prime Minister Pham Minh Chinh (r) and General Director of Samsung Vietnam Choi Joo Ho (l). Photos: Nhat Bac Prime Minister Pham Minh Chinh stressed the view in a meeting with the General Director of Samsung Vietnam Choi Joo Ho on January 20. “Local authorities are willing to assist Samsung in finding a suitable location to set up a hi-tech battery manufacturing plant,” Chinh said. According to Chinh, Vietnam-South Korea's strategic partnership has been progressing significantly in the past few years, in which Samsung’s operations in Vietnam have been a highlight. Chinh spoke highly of Samsung’s strong business performance in Vietnam despite … [Read more...] about Gov’t committed to supporting Samsung in expanding investment in Vietnam

Despite strict pandemic control measures, the aviation industry shows signs of a rebound According to figures from the Civil Aviation Administration of Vietnam (CAAV), from December 29 to January 10, local air carriers completed 4,480 flights with 547,000 passengers, posting a seat occupancy rate of 64 per cent. On the national flag carrier Vietnam Airlines’ ticket booking website, many flights on the Ho Chi Minh City-Hanoi route had sold out all economy-class tickets since January 15. The number of passengers flying from Ho Chi Minh City to Hanoi, as well as localities in the Central Highlands and northern regions, has bounced back strongly with the seat occupancy rate surpassing 70 per cent. According to the CAAV, about 140,000 Vietnamese would come back home for Lunar New Year. According to Dinh Viet Thang, chief of the CAAV, the travel demand from people on these routes saw a strong rebound. This was also attested by reports from booking systems at several … [Read more...] about Aviation and travel sectors ready to catch rebound wave

A medical worker takes a COVID-19 testing sample from a resident in southern Ninh Thuận Province. — VNA/VNS Photo Công Thử HÀ NỘI – A total of 16,715 new COVID-19 infections were detected on Thursday, bringing the national caseload to 2,094,802. Among the new cases, 78 were imported and the rest were local transmissions. A total of 11,796 new infections were detected in the community. The capital city of Hà Nội continued to record the highest number of infections at 2,884, followed by Đà Nẵng at 983 and Hải Phòng at 722. The other cases were found in Bến Tre (614), Khánh Hòa (579), Hưng Yên (565), Bình Định (521), Quảng Ngãi (513), Thanh Hóa (497), Bình Phước (462), Quảng Ninh (389), Bắc Giang (386), Bắc Ninh (373), Cà Mau (361), Trà Vinh (332), Quảng Nam (288), Thừa Thiên Huế (285), Nam Định (283), Hải Dương (280), Vĩnh Phúc (270), Vĩnh Long (269), Nghệ An (245), HCM City (245), Tây Ninh (239), Thái Nguyên (235), Lâm Đồng (231), Hòa Bình (218), Bà Rịa - Vũng Tàu (154), Đắk … [Read more...] about 16,715 new COVID-19 cases reported on Thursday

Minister of Labour , Invalids and Social Affairs Dao Ngoc Dung answers NA deputies’ questions (Photo: VNA) Hanoi (VNA) – The Government has launched many unprecedented large-scale social welfare policy packages to ensure social security amid difficulties and challenges brought about by COVID-19 pandemic, said Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung while responding to National Assembly (NA) deputies’ questions on November 8. Ensuring social welfare remains key task According to the minister, over the years, the Government has been sticking to the principle that economic development must go along with social equality. The social welfare system has met the requirements of the people and is getting close to international standards, he said, adding that Vietnam’s human development index has risen strongly in United Nations rankings. Dung said that the issuance of supporting policies has been implemented in an active and systematic manner in line … [Read more...] about Large-scale, unprecedented policies issued to ensure social welfare: Minister

Illustrative image (Source: VNA) Hanoi (VNA) – Despite adverse impacts of COVID-19 pandemic , social welfare has still been ensured, the macro-economic situation stabilised and inflation effectively reigned in, according to Director General of the General Statistics Office (GSO) Nguyen Thi Huong. Addressing a press briefing on the socio-economic situation in the first nine months of 2021 on September 29, the GSO official attributed the results to the active engagement of the whole political system as well as the timely and drastic directions from the Government and the Prime Minister, and joint efforts of all sectors, localities, businesses and people in the country. Social welfare ensured Huong said that as of September 21, nearly 13.8 trillion VND (605.99 million USD) worth of support had been delivered to nearly 17.6 million pandemic-hit people, of which 11.4 trillion VND was spent on 23 provinces and cities heavily affected by the pandemic. Meanwhile, 136,349 … [Read more...] about Macro-economic stability, social welfare ensured despite COVID-19: GSO leader

A view of Hai Phong city (Photo: congthuong.vn) Hai Phong (VNA) – The northern port city of Hai Phong topped localities across the country in foreign direct investment (FDI) attraction in 2021, drawing over 5.14 billion USD, up nearly 3.4 times over that in the same period last year. Of the total, 327.45 million USD was invested in 29 new projects, nearly 2.63 billion USD poured into 52 underway projects, and nearly 2.2 billion USD in share purchase and capital contribution deals. By the end of 2021, local industrial parks (IP) and economic zones (EZ) lured 420 FDI projects worth over 19.13 billion USD. Le Trung Kien, head of the Hai Phong Economic Zone Authority (HEZA), said that in 2022, Hai Phong expects 2.5-3 billion USD of FDI in local IPs and EZs. Right in January, the HEZA welcomed a 35-million USD project from a Chinese investor. At a recent conference to implement the esolution on socio-economic, defence, security tasks of the city in 2022, Secretary of the … [Read more...] about Hai Phong leads in FDI attraction in 2021