PM Nguyen Xuan Phuc meets Managing Director of the IMF Christine Lagarde in Bali, Indonesia, on October 12, 2018 - Photo: VGP/Quang Hieu The PM made that statement during his meeting with Managing Director of the IMF Christine Lagarde in Bali, Indonesia, on October 12 on the sidelines of the annual meetings of the IMF-World Bank Group. During the meeting, the Vietnamese leader highlighted Viet Nam’s socio-economic achievements in 2018, especially maintain sustainable macro-economy, closely controlling inflation, promoting the economic growth rate to 7%, and high trade surplus over the recent nine months of 2018. The Vietnamese Government is enhancing economic restructuring, growth model reform, fiscal consolidation, public debt control, prudent and flexible financial – monetary policies, business climate improvement, development of the private economic sector, innovation encouragement, and improvement of the capacity of joining in the Fourth Industrial Revolution, … [Read more...] about PM hails IMF’s support for VN’s socio-economic development
Positive impact of the economic development
Joint Declaration of 10th CLV Development Triangle Area Summit
JOINT DECLARATION OF THE 10th CAMBODIA - LAOS - VIET NAM SUMMIT ON DEVELOPMENT TRIANGLE AREA WE, the Heads of the Governments of the Kingdom of Cambodia, the Lao People’s Democratic Republic and the Socialist Republic of Viet Nam (hereinafter referred to as CLV) gather for the Tenth CLV Summit on Development Triangle Area on 31 March 2018 in Hanoi, Viet Nam. Appreciating that the traditional relationship of friendship, solidarity, good neighborliness and comprehensive cooperation among the three countries has significantly contributed to the development of each country and to peace, stability and prosperity of the whole region. Noting with satisfaction the significant progress made in the implementation of the revised Master Plan for the Socio-Economic Development of the CLV Development Triangle Area (DTA) for 2010 - 2020 as well as cooperation activities and programs in various areas among the three countries. Recognizing that while CLV countries have become one of the … [Read more...] about Joint Declaration of 10th CLV Development Triangle Area Summit
Vietnam promotes rights to enjoy the fruits of economic development
From legal documents… Series of new and important policies with widespread influence to the country’s social-economic life and the people’s life have been adopted. (Photo for illustration: VNA) The Constitution and legislations have established the most important frameworks guiding the development of the State and adjusting all aspects of the political, economic and social life, ensuring the balance of economic growth, social stability and social justice. In this regard, Vietnam’s legal system is deemed having an approach relevant to international standards and creating firm premises for the process of reform that always puts the people at the center and considers the people both target and driver for national development. A vast number of legal normative documents relating to human rights and citizenships have been issued such as the Law on Personal Income Tax, the Law on Credit Institutions, the Law on the Protection of Consumers’ … [Read more...] about Vietnam promotes rights to enjoy the fruits of economic development
Businesses hope city to remove obstacles to accelerate development
Mr. Pham Xuan Hong, director general of Saigon 3 Garment Company cum chairman of Vietnam Apparel and Textile Association, said that early 2017 when the US announced to withdraw from the Trans-Pacific Partnership (TPP), businesses in the industry concerned about that. Still, they have operated stably and developed with the growth rate of over 10 percent as they have invested in equipment ad improved management. From now until this yearend, there are good signals especially the number of orders will highly increase in August, September and October, positively impacting HCMC’s economic development, said Mr. Hong. He proposed the city to speed up trade promotion activities for enterprises to access the world market. Tax and customs procedures have changed positively but the city still need to make more efforts to create a more transparent and advantageous environment for businesses. In food field, deputy director of Saigon Food Company Le Thi Thanh Lam said that … [Read more...] about Businesses hope city to remove obstacles to accelerate development
Report of the Party’s XIth-tenure Central Committee – Politics & Laws – Vietnam News Politics, Business, Economy, Society, Life, Sports
REDOUBLE EFFORTS TO BUILD OUR PARTY CLEAN AND STRONG; PROMOTE THE ENTIRE NATION'S STRENGTH AND SOCIALIST DEMOCRACY; PUSH FORWARD COMPREHENSIVELY AND HARMONIOUSLY THE RENEWAL PROCESS; DEFEND FIRMLY THE HOMELAND AND MAINTAIN STURDILY A PEACEFUL AND STABLE ENVIRONMENT; AND STRIVE FOR OURS TO SOON BECOME BASICALLY AN INDUSTRIALIZED COUNTRY TOWARD MODERNITY Report of the Party's XIth-tenure Central Committee presented by General Secretary Nguyen Phu Trong on the Party's XIIth Congress Documents Members of the Presidium, Distinguished guests, Congress delegates, The Party XIIth National Congress is tasked with taking stock of the implementation of the Party's XIth Congress Resolution; looking at the last 30 years of renewal; determining orientations, objectives and tasks in the 2016 – 2021 five-year period of ; reviewing the leadership of the Party's XIth-tenure Central Committee; assessing the observance of the Party's XIth-tenure Statutes; and electing the Party's XIIth-tenure … [Read more...] about Report of the Party’s XIth-tenure Central Committee – Politics & Laws – Vietnam News Politics, Business, Economy, Society, Life, Sports