UK trade minister Anne-Marie Trevelyan said the country wants to be a part of Vietnam’s development story in the 21st century, and fostering bilateral trade relations is among its priorities. Vietnam and the UK should set a trade turnover target of over US$10 billion by 2023, which would be a meaningful step to mark the 50 th anniversary of Vietnam-UK diplomatic relations next year. Chairman of the National Assembly Vuong Dinh Hue (mid) at the forum. Source: VNA Deputy Prime Minister Le Van Thanh gave the remarks at the Vietnam-UK High-level Forum on Economy and Trade held on June 29. The event is one of the highlights of a visit to the UK by the high-ranking delegation from the National Assembly of Vietnam led by Chairman Vuong Dinh Hue from June 28-30. According to Thanh, the Vietnam-UK strategic partnership has progressed strongly over the years and contributed to socio-economic development in each country. Thanh expected the partnership would … [Read more...] about Vietnam-UK target US$10-billion trade turnover by 2023
Mark a milley
Policies to take effect in July
Illustrative photo (Source: VNA) Hanoi (VNA) – A host of new policies , including those on minimum wage increase , paper bill elimination , and new ordinary passports, are due to come into force in July. Accordingly, a new decree, coded 38/2022/ND-CP, on raising the regional minimum wage for labourers will come into effect on July 1. The 6 percent increase is equivalent to a rise of 260,000 VND (11.20 USD) in Region 1, and 240,000 VND, 210,000 VND, and 180,000 VND in Regions 2, 3, and 4, respectively. The document to this effect also specifies that the minimum hourly wage will range from 15,600 to 22,500 VND, which also depends on the region. The geographical classification is determined based on the employer’s place of operation. Region 1 covers Hanoi and Ho Chi Minh City's urban areas; Region 2 encompasses Hanoi and HCM City's rural areas, along with major urban areas in the country like Can Tho, Da Nang and Hai Phong; Region 3 covers provincial cities and the … [Read more...] about Policies to take effect in July
President urges actions to handle health sector’s crisis
The State leader attended a ceremony on June 28 to mark the 50th founding anniversary of Vietnam Pharmaceutical Corporation (Vinapharm), where he presented the first-class Labour Order to the corporation. He stressed that the difficulties that the health sector is facing are only temporary, adding that the Party and State are paying attention to and ready to work with the sector to solve the existing challenges and obstacles. He urged the Ministry of Health to work out amendments to the Law on Bidding, the Law on Health Insurance and relevant legal documents, and submit them to the Government for consideration and approval so as to create favorable conditions for medical establishments to quickly secure sufficient drugs to serve patients. The State leader also asked the health sector and Vinapharm to perfect mechanisms and policies, especially those related to finance, to improve the quality and efficiency of medical services; address the overloading at hospitals; expand the … [Read more...] about President urges actions to handle health sector’s crisis
Home Credit publishes its 2021 Sustainability Report
The report aligns with the United Nations 17 Sustainable Development Goals and covers all company’s markets “This sustainability report marks an important milestone in our journey as a responsible, inclusive business, that has ESG principles firmly embedded in its values and DNA,” said Jean-Pascal Duvieusart, CEO at Home Credit Group. “I would like to thank all our employees, who continue to demonstrate creativity, passion, and dedication in everything they do. They are living proof that when ESG is consciously embedded in our culture and mindsets, real change happens,” Duvieusart said. Jiri Smejc, CEO of PPF Group and chairman of the board of Home Credit Group said, “Fairness to customers, employees, and communities has always been part of our DNA. It is who we are. ESG principles now give us a tool to show our responsible business practices in a formal, comprehensive way. And I am proud that we can already count a number of milestones on our ESG journey.” Digital … [Read more...] about Home Credit publishes its 2021 Sustainability Report
Haiphong promotes renewable energy investment in industrial parks
The Renewable Energy in Sustainable Industrial Parks conference was organised by the Haiphong Economic Zone Management Board in collaboration with the Embassy of the UK, the nation's Chamber of Commerce and Industry, and Star Do Group. Head of the Haiphong Economic Zone Management Board Le Trung Kien asserted the green development demand of Haiphong city and its industrial parks and economic zones. Photo: Thanh Son Attendees at the conference were Harry Rawicz-Szczerbo, head of the Trade and Investment Department at the UK Embassy; Le Trung Kien, member of the city Party Committee's Standing Board and head of the Haiphong Economic Zone Authority; Mark Shorrock, chairman of Shire Oak International; Nguyen Thanh Phuong, CEO of Sao Do Group; and representatives of Haiphong's departments and agencies, investors, and businesses. Mark Shorrock, chairman of Shire Oak International, talked about the renewable energy demand of businesses in the RE100 group. Photo: Thu … [Read more...] about Haiphong promotes renewable energy investment in industrial parks
Vietnam, UK hold 4th defence policy dialogue in London
Vietnamese Deputy Minister of National Defence Sen. Lieut. Le Huy Vinh (R) and UK Minister of State at the Ministry of Defence Baroness Goldie (Photo: VNA) London (VNA) – Vietnamese and UK officials said they wish to turn defence cooperation into a pillar in the countries’ overall relations at the 1st session of the 4th Vietnam-UK defence policy dialogue held in London on June 29 (local time) as part of National Assembly Chairman Vuong Dinh Hue’s ongoing official UK trip. Co-chairing the dialogue, Vietnamese Deputy Minister of National Defence Sen. Lieut. Le Huy Vinh and UK Minister of State at the Ministry of Defence Baroness Goldie expressed their delight at the positive and dynamic growth of the Vietnam-UK strategic partnership. With the bilateral defence cooperation sustained effectively, the officials considered the dialogue an important mechanism for the two defence bodies to review outcomes of and put forth future orientations for their join works. Assessing … [Read more...] about Vietnam, UK hold 4th defence policy dialogue in London