Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on June 29. - National Assembly Chairman Vuong Dinh Hue has said his visit to Hungary is an opportunity to deepen and promote the comprehensive partnership between Vietnam and Hungary, especially the parliamentary ties. National Assembly (NA) Chairman Vuong Dinh Hue arrives at Heathrow Airport in London on June 28, beginning his three-day official visit to the UK. (Photo: VNA) The visit aims to maintain and deepen the cooperative relations between the two countries and affirm the importance Vietnam attaches to the Vietnam - UK Strategic Partnership. Read full story Read full story Illustrative image (Photo: VNA) According to GSO General Director Nguyen Thi Huong, the country's socio-economic development in the first six months of 2022 has prospered in most industries and fields, especially processing and manufacturing industry; retail sales of consumer … [Read more...] about ☕ Afternoon briefing on June 29
Phu quoc island map
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
Vacuums, loopholes must be filled in to prevent corruption: Party leader
Party General Secretary Nguyen Phu Trong addresses the national conference held in Hanoi on June 30. (Photo: VNA) Hanoi (VNA) – Party General Secretary Nguyen Phu Trong on June 30 stressed the task of addressing shortcomings and filling in “vaccums” and “loopholes” so as to prevent corruption and negative phenomena. Speaking at a national conference held in Hanoi to review the 10-year combat against corruption and negative phenomena, the Party leader also said fighting corruption is a critically important but also extremely difficult and complicated task that requires resolute, persistent, continuous, and unceasing efforts from all levels and in all sectors and areas. He emphasised that in the combat, it is a must to steer clear of subjectivity and hastiness but adamantly deal with corruption, patiently conduct education, management and deterrence to prevent corruption, while staying vigilant and fighting against hostile forces’ plots that take advantage of the … [Read more...] about Vacuums, loopholes must be filled in to prevent corruption: Party leader
UK multinationals pledge long-term presence in Vietnam
Vietnam expects to create the utmost favorable environment for foreign companies to be successful in the country. Chairman of the National Assembly Vuong Dinh Hue on June 29 held several meetings with executives of UK multinationals, including Prudential, Standard Chartered, Pacific Land, Pearson, and Enterprize Energy. All executives have expressed their good impression and pledged to commit long-term presence in Vietnam. NA Chairman Vuong Dinh Hue and President of Prudential Shriti Vadera. Source: VNA President of Prudential Shriti Vadera said the company's business performance was positive during the Covid-19 pandemic, expressing her delight to be part of Vietnam’s development. Vadera suggested Prudential could further contribute to the country’s economic growth by taking part in the long bond issuance. Chairman Hue welcomed Prudential’s successes in Vietnam, saying insurance corporations remain key partners of the State in Government bond issuance. … [Read more...] about UK multinationals pledge long-term presence in Vietnam
VinShop aims for success as store connection platform
Tokopedia's success lesson Founded in 2009, Tokopedia is one of Indonesia's tech unicorns. According to CB Insights (U.S.), Tokopedia's value reached $7 billion as of June 2020, becoming the third largest unicorn in Southeast Asia, behind Grab (Singapore) and Gojek (Indonesia). Tokopedia was developed as a shopping platform where any business could easily arrange and sell its products. William Tanuwijaya, co-founder of Tokopedia, said that the company's business model is similar to Alibaba's as it combines Toko (shop) and encyclopedia. In 2018, Tokopedia launched the Mitra Tokopedia app for warungs - small family-owned businesses that usually cater to a neighborhood. Mitra Tokopedia has recorded one million downloads in the island nation that has two million warungs. Tokopedia has been successful in bringing technology into Indonesia's grocery stores. Photo by Tokopedia Mitra Tokopedia has gained popularity and is now present in more than 20 major cities, … [Read more...] about VinShop aims for success as store connection platform
Anti-corruption fight an irreversible trend: Party chief
At a conference reviewing 10 years of the anti-corruption campaign, Trong said fighting corruption has become a trend that cannot be reversed, and the movement is supported by the people, authorities and acknowledged by the international community. The fight against corruption has helped socio-economic development, maintained political stability and strengthened national defense, he asserted. Trong also said the results of the anti-corruption fight have refuted claims that the fight is an "internal conflict." "There has never been a time when anti-corruption efforts have been so strong, coordinated, relentless, proper and effective," he said. However, there are still certain challenges in detecting corruption and resolving its consequences, for example recovering assets. The fact that corruption often occurs among those with the power and position to do so means "all powers need to be tightly controlled through mechanisms. "The more power one has, the more responsibility one … [Read more...] about Anti-corruption fight an irreversible trend: Party chief