Vu Trong Kim was re-elected as Chairman of the association for the 2019-2024 tenure. (Photo: VNA) Hanoi (VNA) – The fourth national congress of the Vietnam Ex-Youth Volunteers Association took place in Hanoi on December 14. Party General Secretary and President Nguyen Phu Trong, former Party General Secretary Nong Duc Manh, Prime Minister Nguyen Xuan Phuc, and National Assembly Chairwoman Nguyen Thi Kim Ngan sent flowers to congratulate the congress. Vu Trong Kim was re-elected as Chairman of the association for the 2019-2024 tenure. He said more than 554,200 former youth volunteers are living across localities. Over the past five years, the association has coordinated with relevant agencies to identify 944 fallen soldiers and 921 wounded ones, he added. Thanks to donations of organisations and individuals, the association has built 4,200 houses worth over 215 billion VND (9.23 million USD) for the needy, along with 8,000 savings books worth 287 billion VND, and over … [Read more...] about Former youth volunteers hold national congress in Hanoi
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NA leader receives WB-IMF Parliamentary Network delegation
National Assembly Chairwoman Nguyen Thi Kim Ngan addresses the meeting (Photo: VNA) Hanoi (VNA) – National Assembly Chairwoman Nguyen Thi Kim Ngan hosted a reception in Hanoi on March 7 for a delegation from the Parliamentary Network on the World Bank and the International Monetary Fund (the Parliamentary Network) led by its Vice President Soukri Cherif. Showing her delight at the effective cooperation between Vietnam and the WB, the top legislator said that Vietnam needs the support of the international community, including the bank, to fulfill its goals amidst many difficulties and challenges. She affirmed that the NA of Vietnam will closely supervise the management and use of WB assistance, ensuring it is used effectively to bring added value to the local socio-economic development. She also spoke highly of the cooperation and support that the WB has given to NA agencies, which she said helped improve the legislature’s supervision over finance, budget and economy. … [Read more...] about NA leader receives WB-IMF Parliamentary Network delegation
State President starts State visit to Japan
State President Tran Dai Quang and his spouse have left Ha Noi to start their State visit to Japan from May 29-June 2, 2018. State President Tran Dai Quang and his spouse have left Ha Noi to start their State visit to Japan from May 29-June 2, 2018 - Photo: VNA In 2018, Viet Nam and Japan are celebrating the 45th anniversary of their diplomatic ties. The two nations’ high-ranking leaders have organized visits and exchanges at international and regional forums, launching crucial cooperative mechanisms and enhancing close coordination at multi-lateral forums such as the UN, ASEAN, APEC and ASEM. Japan is one of Viet Nam’s key economic partners. In 2017, the countries' two-way trade value reached US$33.4 billion, up 16.8% against the previous year. Japan has taken the lead among nations and territories investing in Viet Nam with US$9.11 billion. As of March 2018, Japan has poured US$49.839 billion in 3,693 valid FDI projects in Viet Nam, ranking second. Japan is … [Read more...] about State President starts State visit to Japan
Service sector sees biggest increase after GDP recalculation
It was followed by the industry and construction sector, up VND211-555 trillion ($9.09-23.91 billion) a year. The agriculture, forestry, and fisheries sector rose VND25-46 trillion ($1.08-1.98 billion) per year. After revising its GDP methodology to match international standards, the agriculture, forestry and fisher sector’s GDP contribution decreased from 17.4 percent to 14.7 percent, according to the General Statistics Office (GSO). The industry and construction sectors grew from 33 percent to 34 percent of GDP, while the service grew from 39.2 percent to 41.2 percent. With the revised methodology, Vietnam formally raised its GDP by an average 25.4 percent for the 2010-2017 period. The figure was recalculated by the General Statistics Office (GSO) in August, but formalization was delayed to give the government more time to assess its impacts. 2017’s GDP has been raised to VND6.3 quadrillion ($271.29 billion) from VND5 quadrillion ($215.71 billion), up 25.7 percent. … [Read more...] about Service sector sees biggest increase after GDP recalculation
Thua Thien – Hue urged to boost green, sustainable development
After listening to reports and assessments on the province’s situation, the top legislator recognized the province’s average growth rate of 7.2 percent per annum, which was 6.87 percent in the first half of 2019, higher than the national average of 6.76 percent. National Assembly Chairwoman Nguyen Thi Kim Ngan speaking at the working session Although the province’s economy is still small and its budget revenue remains modest, developed tourism services, with an expansion of 6.37 percent and the tourist number of 2.49 million in the six months, have helped per capita income in Thua Thien - Hue rank fourth in the Central region, after Da Nang city, Khanh Hoa and Binh Thuan provinces. Ngan also spoke highly of Thua Thien - Hue’s performance in ensuring social welfare, expanding health coverage to 98 percent of its population, and protecting the environment, which can been seen through the “Green Sunday” and “Say no to plastic bags … [Read more...] about Thua Thien – Hue urged to boost green, sustainable development