At the sixth plenary session of the 10th tenure People’s Council of HCMC The statement was made by deputy Tang Huu Phong , Editor-in-Chief of the Sai Gon Giai Phong (SGGP) Newspaper at the sixth plenary session of the 10th tenure People’s Council of HCMC on July 6. Vietnam Bank for Social Policies (VBSP) has temporarily suspended receiving loan application documents from disadvantaged borrowers because of the shortage of loan capital, he added. Deputy Tang Huu Phong, Editor-in-Chief of the Sai Gon Giai Phong (SGGP) Newspaper speaks at the meeting. Deputies at the meeting also suggested that the municipal government must strengthen public investment disbursement effectively to create jobs for people and socioeconomic impulse for the city as well as speed up investment promotion. Deputy Doan Thi Ngoc Cam, Standing Vice Secretary of the Party Committee of Can Gio District proposed the city give the authority to Chairpersons of the People’s Committees of districts … [Read more...] about Deputies concern with pandemic pushing needy people into extreme poverty
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Hai Phong striving to attract over 2.5 billion USD in FDI this year
Part of the Vietnam - Singapore Industrial Park in Hai Phong city (Photo: VNA) Hai Phong (VNA) – For the last half of 2022, Hai Phong city will apply itself to flexibly and effectively fighting COVID-19 and shoring up business and investment activities so as to attract more foreign direct investment ( FDI ), a local official has said. Nearly 1.1 billion USD of FDI was poured into the northern port city in the first six months, falling by over 11% from a year earlier and equivalent to almost 44% of this year’s target. FDI inflows are expected to stand at 0.85 billion USD in the third quarter and 0.85 - 1.1 billion USD in the fourth quarter. Le Trung Kien, head of the Hai Phong Economic Zone Authority , said the city looks to surpass this year’s FDI attraction target of 2.5 billion USD. To that end, the authority will boost investment promotion and attraction for the three pillars of economic development, namely high-tech industry, seaports - logistics, and … [Read more...] about Hai Phong striving to attract over 2.5 billion USD in FDI this year
Vietnamese, Belgian parliamentarians seek to boost relations
The meeting between the Vietnam - Belgium and Belgium - Vietnam parliamentary friendship groups in Brussels on July 5 (Photo: VNA) Brussels (VNA) – A delegation of the Vietnam - Belgium Parliamentary Friendship Group is paying a four-day working visit to the European country during which the two sides will share lawmaking experience and discuss scientists’ role in legislative activities. The delegation, led by Nguyen Van Hien - Chairman of the group and Director of the National Assembly Standing Committee’s Institute for Legislative Studies, had a meeting with members of the Belgium - Vietnam Parliamentary Friendship Group in Brussels on July 5. Andries Gryffroy, First Vice President of the Belgian Senate and Chairman of the Belgium - Vietnam Parliamentary Friendship Group, said the visit will help intensify cooperation between the two parliaments as well as the two parliamentary friendship groups. The host official called on both sides to increase all-level mutual visits in … [Read more...] about Vietnamese, Belgian parliamentarians seek to boost relations
Vietnam listed among Russia’s most trustworthy partners in Asia-Pacific: Sergey Lavrov
Vietnam and Russia affirmed the role of each country in the other’s diplomacy and in the global forums. Russian Foreign Minister Sergei Lavrov told Vietnamese top leaders that Vietnam is one of Russia’s important and trustworthy traditional partners in Asia-Pacific. General Secretary of the Communist Party of Vietnam Nguyen Phu Trong and Russian Foreign Minister Sergei Lavrov in Hanoi on July 6. Photos: VNA, Baoquocte Lavrov stressed the view at meetings with General Secretary of the Communist Party of Vietnam Nguyen Phu Trong, Prime Minister Pham Minh Chinh, and Foreign Minister Bui Thanh Son in Hanoi on July 6. “Naturally, our friendship and our solidarity are based on deep historical roots,” Lavrov said at the meeting with Prime Minister Pham Minh Chinh, Russia News Agency reported. The Russian FM expressed his hope that the two countries will continue making efforts for effective results of the Comprehensive Strategic Partnership which entered its … [Read more...] about Vietnam listed among Russia’s most trustworthy partners in Asia-Pacific: Sergey Lavrov
Man prosecuted for trafficking ethnic teenagers to Cambodia
Border guards of the Central Highland province of Gia Lai said on July 6 that they had started legal proceedings against a man for allegedly trafficking seven Jrai ethnic teenagers from Gia Lai to Cambodia. Border guards from La O commune arrest Tran Quang Quyet for trafficking seven ethnic teenagers into Cambodia. Furthermore, they also completed the procedures to hand over the case to the Ministry of Public Security’s Investigative Police Agency for further investigation. A preliminary investigation revealed that at the start of the year Tran Quang Quyet, 21, residing in neighbouring Kon Tum province, was initially tricked into entering Cambodia to work for a company, and by June he owed the firm over VND100 million. He received a proposal by two Vietnamese women in Cambodia that he would be paid US$700 for each person he could bring into Cambodia. On June 19 - 20, Quyet persuaded seven teenagers from La O commune (Gia Lai) to work in Tay Ninh province … [Read more...] about Man prosecuted for trafficking ethnic teenagers to Cambodia
Vietnamese economy to perform well: AMRO
Projected GDPs for ASEAN+3 countries. Vietnam is forecast to be the second fastest-growing economy in the region this year. (Photo amro-asia.org) Hanoi (VNS/VNA) – Vietnam is expected to come out second only to the Philippines in terms of projected GDP for 2022 and on top for 2023, according to a recent Quarterly Update of the ASEAN + 3 Regional Economic Outlook. Specifically, the country was projected to achieve a growth rate of 6.3% this year and 6.5% next year, well above the region-wide figures which were estimated at 4.3% and 4.9% respectively. Compared to the previous update, Vietnamese growth rates were revised downwards to reflect the lower growth forecasts for China and the US, its major trade partners. The country was expected to top the list with growth rates of 6.5% and 7.0% in the April update. “Vietnam is a much more open economy and very exposed to the US and Chinese economies. Because we are expecting reductions in growth rates in these countries and … [Read more...] about Vietnamese economy to perform well: AMRO