Prime Minister Nguyen Xuan Phuc (R) and Jonathan Choi, Chairman of the Hong Kong-Viet Nam Chamber of Commerce (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc hosted Jonathan Choi, Chairman of the Hong Kong-Viet Nam Chamber of Commerce, and President of Sunwah Group, in Hanoi on March 19. He underlined the sound cooperation between Vietnam and China and particularly Hong Kong in various fields such as economy, trade, investment, tourism and culture. Jonathan Choi expressed his pleasure at the fact that many Hong Kong firms do successful business in Vietnam, including Sunwah, thanks to the facilitation of the Prime Minister, the Vietnamese Government and relevant agencies. Many Chinese enterprises are eyeing investment in Vietnam in the fields of start-up, tourism, energy and infrastructure, he added. PM Phuc said he supports activities to increase culture and education cooperation between Vietnam and China, contributing to promoting people-to-people exchanges. He … [Read more...] about Prime Minister welcomes Hong Kong investors
Prime minister 50000 loan scheme
Prime Minister meets party chief of Guangxi’s Zhuang autonomous region
Prime Minister Nguyen Xuan Phuc (R) and his Chinese guest Lu Xinshe (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc hosted a reception for Secretary of the Party Committee of Guangxi Zhuang Autonomous Region of China Lu Xinshe in Hanoi on March 19. PM Phuc welcomed Lu’s first visit to Vietnam to attend a spring meeting with secretaries of Party Committees of the border provinces of Quang Ninh, Lang Son, Cao Bang and Ha Giang. Stressing that the two countries share deep and comprehensive relations, he suggested both sides work to raise awareness among party members and younger people of the good friendship between Vietnam and China, and particularly to bolster economic and trade ties between their border localities. PM Phuc affirmed that Vietnam wants to accelerate the development of cross-border economic zones, and the Vietnamese Government will instruct border localities to develop transport infrastructure to promote trade links with Chinese … [Read more...] about Prime Minister meets party chief of Guangxi’s Zhuang autonomous region
Prime Minister Nguyen Xuan Phuc visited VIR’s booth at National Press Festival
Right after the opening ceremony of the biggest-ever National Press Festival 2019 running from March 15 to 17 in Hanoi, Vietnam Investment Review’s booth was visited by Prime Minister Nguyen Xuan Phuc. He said that VIR, the press office of the Ministry of Planning and Investment, has made important contributions to socioeconomic development and helped the country attract investment. Prime Minister Nguyen Xuan Phuc at VIR’s booth at the National Press Festival Themed “Renovated, creative, responsible Vietnamese press for the interests of the nation and people,” this year’s event attracted 85 press agencies and local journalists’ associations. Prime Minister Nguyen Xuan Phuc highlighted VIR's role in attracting investment to Vietnam 300 excellent reportages on environment, climate change, and natural disaster prevention in 2018, in addition to more than 80 publications, scientific articles, and press works have been displayed and … [Read more...] about Prime Minister Nguyen Xuan Phuc visited VIR’s booth at National Press Festival
Prime Minister urges banks to lend more to stop loan-sharking
A note of a loan-sharking ring near an industrial park in Hanoi that offer loans for workers. Photo by VnExpress/Pham Du Prime Minister Nguyen Xuan Phuc has said banks need to lend more, especially to poor people, to overcome the loan-sharking crisis. He admitted at a conference Wednesday that though loan-sharking is prohibited, the problem persists in many rural areas, causing serious financial harm to people. One reason for its prevalence is the difficulty in getting bank loans. The PM concurred with the World Bank's warning that the ratio of the Vietnamese population without access to credit is high. "Banks are partly responsible for this issue since they have not been able to extend their services to remote and rural areas." The banking sector needs to more proactively coordinate with the Ministry of Public Security to better handle the loan-sharking crisis and make credit more accessible to people, especially the poor, he said. Incomplete statistics from the … [Read more...] about Prime Minister urges banks to lend more to stop loan-sharking
Prime Minister Nguyen Xuan Phuc stresses growth quality
A view of the Government's meeting on April 2 (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc emphasised the need to ensure the quality of growth and people’s living standards at the same time while addressing the Cabinet’s meeting in Hanoi on April 2. “Economic growth is necessary and urgent. The Government is resolved to achieve the growth rate of at least 6.7 percent in 2018. However, ensuring growth quality is an important task of ministries, agencies and localities,” he said. The leader attributed the country’s first-quarter growth rate of 7.38 percent, the highest level over the past decade, to drastic actions taken by the Government. He affirmed that the Government will make efforts to maintain the pace while working harder to improve the growth quality in order to ensure a safer and happier life for people, and help businesses operate stably and successfully. To deal with increasing trade protectionism globally and prevent … [Read more...] about Prime Minister Nguyen Xuan Phuc stresses growth quality