The PM also proposed Japan support Vietnam in accelerating digital transformation in justice and capacity building in defending international legal cases, particularly in the fields of politics, trade and economy. He affirmed that the Government of Vietnam is providing all enabling conditions to strengthen legal and judicial cooperation between the two ministries of justice, which plays a part in stepping up the Vietnam – Japan extensive strategic partnership. Describing Japan as Vietnam’s long-term, trusted and leading partner which shares many common strategic benefits with Vietnam, PM Chinh said Vietnam backs Japan in playing a role in maintaining peace, stability, cooperation and development in the world and the region. Japan has remained Vietnam’s largest ODA provider and second biggest destination for Vietnamese guest workers and among the country’s top investors and trade partners, he said, adding that the two countries have seen expansion in collaboration in digital … [Read more...] about Vietnam proposes Japan help in law-making capacity building
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Dairy sector milks trade agreements for greater opportunities
Trade promotion plays a key role for the dairy sector How has the dairy sector recovered from the pandemic? Despite the prolonged pandemic, the domestic dairy market still reached VND113.7 trillion in revenues in 2020 and VND119.3 trillion in 2021. The country produced about 1.77 billion liters of fresh milk in 2021, up 4.5 percent compared to 2020, while powdered milk volume saw positive growth of 13.1 percent year-on-year to 151,500 tonnes. Vietnamese dairy businesses have strengthened trade promotion activities and sought export markets. Currently, Vietnamese dairy products are available in 50 countries and territories. In 2021, the sector had a turnover of nearly US$300 million. Milk is a special product and export markets always put quality at the top. Therefore, Vietnam’s milk and dairy product exports to foreign markets are considered a great success. Tran Van Trung, chairman of the Vietnam Dairy Association What are the opportunities for the dairy … [Read more...] about Dairy sector milks trade agreements for greater opportunities
Vietnam, Japan boost legal and judicial cooperation
Deputy Minister of Justice Nguyen Khanh Ngoc holds talks with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 29. (Photo: VGP) Hanoi (VNA) – Deputy Minister of Justice Nguyen Khanh Ngoc held talks with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 29 to chalk out ways to step up cooperation. Ngoc highly appreciated Furukawa for selecting Vietnam as one of the destinations in his first foreign trip since taking office in October 2021, saying Japan was the first bilateral partner providing technical support for Vietnam in legal and judicial matters, particularly through projects run by the Japan International Cooperation Agency (JICA) in Vietnam since 1996. Japan has been providing Vietnam with assistance in law-making in civil and economic affairs and litigation, as well as capacity building. To further boost the bilateral partnership in the coming time, Ngoc suggested the two sides continue effectively executing … [Read more...] about Vietnam, Japan boost legal and judicial cooperation
National conference reviews 10-year corruption fight
The national conference in Hanoi on June 30 (Photo: VNA) Hanoi (VNA) – The Politburo held a national conference in Hanoi on June 30 to review the fight against corruption and negative phenomena during 2012 - 2022 and identify orientations for the work in the time ahead. The hybrid event saw the presence of Party General Secretary Nguyen Phu Trong, head of the Central Steering Committee for Corruption and Negative Phenomena Prevention and Control; President Nguyen Xuan Phuc; Prime Minister Pham Minh Chinh; along with key officials of central agencies and the 63 localities. At its fifth session in May 2012, the 11th-tenure Party Central Committee decided to establish the National Steering Committee for Corruption Prevention and Control under the Politburo which is chaired by the Party General Secretary so as to ensure comprehensive leadership over the corruption combat nationwide. On September 16, 2021, the Politburo issued Regulation No. 32-QD/TW that expands the … [Read more...] about National conference reviews 10-year corruption fight
MoF proposes reductions for four types of taxes on petroleum products
The high petrol prices have hindered economic recovery. (Photo: SGGP) Thus, along with the solution to cut the environmental protection tax rate for gasoline, oil, and grease products to the floor level in the tax bracket until December 31, 2022, and the solution to reduce the MFN tax rate, the MoF has continued to put forward more tax cuts to help lower gasoline and oil prices. Up to now, the MoF has proposed to reduce four types of taxes on this essential product. According to the MoF, it is crucial to slash the MFN tax rate to 12 percent for gasoline to diversify petroleum supply to avoid being passive by depending on import sources from South Korea and the ASEAN only. Besides, people and businesses will directly benefit from tax reductions on gasoline and oil products, thereby contributing to directly reducing consumers’ expenses as well as indirect costs from other consumer products. Previously, because petrol and oil prices have continuously climbed and are currently … [Read more...] about MoF proposes reductions for four types of taxes on petroleum products
Hanoi develops green agriculture
Green agriculture is a closed production process through applying scientific and technical advances, biotechnology and physicochemical technology. Green agriculture is a sustainable direction that Hanoi has been making effort to develop, according to Deputy Director of the municipal Department of Agriculture and Rural Development Nguyen Manh Phuong. Green agriculture is an inevitable orientation of modern agriculture, Phuong said, adding that Hanoi has recently switched more than 40,227 hectares of rice land to new agricultural production models. Besides, developing green agriculture also helps to raise people's awareness on environment protection, reduce greenhouse gas emissions and pollution, the deputy director stressed. Rice cultivation by modern method brings high efficiency in Hanoi outskirt district of Ung Hoa. Photo: Ngoc Anh Head of the Ung Hoa District Economic Division Pham Van Hoach said that in nearly 20 years of implementing green … [Read more...] about Hanoi develops green agriculture