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 50000 loan scheme
Prime Minister’s trip to Canada enhances Vietnam’s position
Prime Minister Nguyen Xuan Phuc (middle, second row) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc arrived in Hanoi on June 11, concluding his trip to Canada to attend the G7 Outreach Summit from June 8-10 and for a visit of Canada at the invitation of his Canadian counterpart Justine Trudeau. The trip has affirmed Vietnam’s proactive efforts and high sense of responsibility for addressing global challenges and created more impetus for the Vietnam-Canada bilateral comprehensive partnership. It was the second time the Vietnamese PM has attended an expanded G7 summit, with the first time in 2006. What is different this time is that Vietnam was invited to the summit as an independent nation, not as representative of an organisation or a group of regional countries, proving that Canada appreciates and wants to foster ties with Vietnam. It also demonstrated that G7 member states highly value Vietnam’s role, prestige and international stature. With topics … [Read more...] about Prime Minister’s trip to Canada enhances Vietnam’s position
Malaysia Prime Minister launches election campaign
Malaysian Prime Minister Najib Razak (Source: https://www.japantimes.co.jp) Hanoi (VNA) - Malaysian Prime Minister Najib Razak has launched an election campaign for the upcoming general election, with a series of promising commitments to bringing a better future for Malaysian people. Speaking to thousands of people on April 7, PM Najib pledged to lead the nation on the path to stronger development, and address the rising costs of living at present if the United Malays National Organization (UMNO) led by him continues to lead the country. He promised to increase the minimum wage to about 388 USD per month, modernise transport infrastructure, and create 3 million new jobs. On April 6, PM Najib announced the dissolution of the Parliament to pave the way for a general election. Normally, a general election will be held within 60 days from the dissolution of the parliament. Voters will elect the 222-member House of Representatives, the lower house of the parliament. After … [Read more...] about Malaysia Prime Minister launches election campaign
Sri Lanka prime minister wins no-confidence vote
COLOMBO — Sri Lanka’s Prime Minister Ranil Wickremesinghe defeated a no-confidence motion in parliament late on Wednesday but political tensions rose after 13 MPs from an allied party voted against him. Wickremesinghe said he would hold talks with President Maithripala Sirisena after coming through the battle by 122 votes to 76. Sirisena has criticised the prime minister’s handling of the economy and has in the past called on Wickremesinghe to stand down. Thirteen members of Sirisena’s Sri Lanka Freedom Party (SLFP) joined opposition lawmakers to vote against the prime minister, whose United National Party is the largest single party in the 225-member assembly. "We have started a lot of work and made many changes— democracy, economy and rural development," the prime minister told reporters after the vote. "We also faced problems such as drought, cost of living and some economic issues, we will study both positives and negatives and move forward." … [Read more...] about Sri Lanka prime minister wins no-confidence vote
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