Representatives of the Vietnam Embassy welcome Prime Minister Nguyen Xuan Phuc at the airport when he arrives in Brussels, Belgium (Photo: VNA) Brussels (VNA) – Prime Minister Nguyen Xuan Phuc and the high-ranking Vietnamese delegation arrived in Brussels, Belgium, in the afternoon of October 16 (local time), where he will attend the 12th ASEM Summit, pay a working visit to the European Union and make an official visit to Belgium. His attendance at the 12th ASEM Summit and visits are being made at the invitation of President of the European Council Donald Tusk, President of the European Commission Jean-Claude Juncker and Belgian Prime Minister Charles Michel. PM Phuc is scheduled to hold talks with his Belgian counterpart and witness the signing of cooperative documents between ministries, sectors and businesses of the two countries on October 16. He also has plans to meet with executives of several major European groups. Belgium is the second stop of PM … [Read more...] about Prime Minister Nguyen Xuan Phuc arrives in Brussels
Prime minister 50000 loan scheme
Hanoi needs new momentum for growth: Prime Minister
Hanoi needs to seek new, breakthrough, sustainable momentum for growth in order to materialise its development vision, said Prime Minister Nguyen Xuan Phuc. PM Nguyen Xuan Phuc speaks at the conference - Photo: NDO The leader was speaking at the conference “Hanoi 2018 - Investment and Development Cooperation” in Hanoi on June 17, the city’s largest investment promotion forum in the year with the participation of nearly 1,000 businesspeople and investors at home and abroad. Hanoi should devise a master plan and an action program for its development, he said, taking Cau Giay district as an example, which has emerged from a very poor locality into an urban area with industrial value exceeding VND43 trillion (US$1.9 billion USD) and State budget contribution of over VND7 trillion (US$308 billion) thanks to the effective planning scheme. He urged the city to create high-quality human resources in spearhead sectors like artificial intelligence and data … [Read more...] about Hanoi needs new momentum for growth: Prime Minister
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
Prime Minister: Mekong
Prime Minister Nguyen Xuan Phuc (Source: VNA) As multilateral external events of top significance in the country, the events will gather leaders from Cambodia, China, Laos, Myanmar, Thailand, and Vietnam. On the occasion, Vietnam initiated holding the first GMS Business Summit which has been welcomed by the GMS member countries and the Asia Development Bank, the World Bank and ASEAN. More than 2,000 businesspeople at home and abroad lined up for the summit, equivalent to the APEC CEO Summit 2017, he said. GMS was established in 1992 as an initiative of the Asian Development Bank (ADB). The GMS program is the most complete cooperation programme that involves Vietnam, Laos, Cambodia, Thailand, Myanmar, and China (Yunnan and Guangxi provinces) with an aim to facilitate mutually-beneficial economic ties and turn Mekong into a rapid and prosperous region in Southeast Asia. Other cooperation mechanisms were also established such as the CLV Development Triangle, the Cambodia - Laos - … [Read more...] about Prime Minister: Mekong
Prime Minister appreciates WB’s assistance for Vietnam – Viet Nam – News
In spite of several positive achievements, the Government has yet to feel satisfied and is fully aware of difficulties and challenges that need to be addressed in the time ahead, he stated. The Government leader stressed the resolve to control public debt within acceptable limit at below 65 percent as regulated to ensure its national financial safety and gradually reduce the rate after 2017. At the same time, the Government will restructure public debt, reduce overspending, cut down regular expenditure, meet the date of payments and effectively use loans. New loans will be spent on building necessary socio-economic infrastructure facilities while great efforts will be made to minimize wastefulness and corruption, he added. The PM also informed his guest that the Vietnamese Government is taking drastic measures to speed up the equitisation of State-owned enterprises (SOEs) as well as the restructuring of poorly-performing commercial banks. The government is also set to go on with … [Read more...] about Prime Minister appreciates WB’s assistance for Vietnam – Viet Nam – News