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Hai Phong striving to attract over 2.5 billion USD in FDI this year

July 6, 2022 by en.vietnamplus.vn

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

Filed Under: Business hai phong, foreign direct investment, FDI, Hai Phong Economic Zone Authority, digital transformation, COVID-19, logistics, updated Vietnam news, Vietnamplus, ..., Somerset Central TD Hai Phong City, Hai Phong to Hanoi, Hai Phong to Da Nang, LG Display Hai Phong, Fuji Xerox Hai Phong, Vinhomes Riverside Hai Phong, hai phong airport, hai phong beach, hai phong le, hai phong hotel, hai phong mansion

Deputies concern with pandemic pushing needy people into extreme poverty

July 6, 2022 by www.sggpnews.org.vn

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

Filed Under: Uncategorized pandemic, needy people, extreme poverty, Tang Huu Phong, Sai Gon Giai Phong Newspaper, the sixth plenary session of the 10th tenure People’s Council of HCMC..., End Extreme Poverty, Eradicate Extreme Hunger and Poverty

Vietnam listed among Russia’s most trustworthy partners in Asia-Pacific: Sergey Lavrov

July 6, 2022 by hanoitimes.vn

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

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Viet Nam, India eye partnership in pharmaceutical sector

July 6, 2022 by bizhub.vn

Vietnamese and Indian businesses from the pharmaceutical sector participate in a B2B meet at the India – Viet Nam Pharmaceuticals and Health Industry Conference on July 5. — VNS Photo Thu Hang Viet Nam is seeking co-operation with India in the field of pharmaceuticals, especially manufacture of vaccines for COVID-19, a conference heard on Tuesday. India is now the third biggest supplier of pharmaceutical products to Viet Nam, Tran Ngoc Liem, general director of the Viet Nam Chamber of Commerce and Industry’s HCM City branch, told the India-Viet Nam Pharmaceuticals and Health Industry Conference. Pharmaceuticals were one of India’s key exports to Viet Nam last year at US$267 million, he said. India is ranked third globally in terms of pharmaceutical output and 14th in terms of value. Its leading companies all meet international standards. The Vietnamese pharmaceutical market has been experiencing strong growth in recent years with 250 factories, 200 import-export … [Read more...] about Viet Nam, India eye partnership in pharmaceutical sector

Filed Under: Uncategorized Viet Nam, India, pharmaceutical sector, manufacture of vaccines for COVID-19, News, manufacture of vaccines for..., nga ho tro viet nam, quan doi viet nam suc manh, 1000won bang bao nhieu tien viet nam, 1won bang bao nhieu tien viet nam, xe asean tran vao viet nam, bai hao khi viet nam, vi yeu ma den viet nam, 4 diem cuc cua viet nam, 5 diem du lich dep nhat viet nam, u19 viet nam 5-1 australia, zing top nhac viet nam, nghi he o viet nam

Vietnamese economy to perform well: AMRO

July 6, 2022 by en.vietnamplus.vn

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

Filed Under: Uncategorized ASEAN+ 3 Regional Economic Outlook, open economy, ASEAN+3 Macroeconomic Research Office (AMRO), ASEAN, Vietnam, Vietnam news, Vietnam News Agency, Business, ..., high performing asian economies, china propels global economy through best performance in decade, how 74 economies have performed this century, worst performing economies in the world, worst performing economies 2018, worst performing economies, worst performing economy in europe, performance based economy, worst performing economy in the world

Vietnamese studies expert highlights Vietnam’s role in Russia – Southeast Asia ties

July 6, 2022 by en.vietnamplus.vn

Russian Foreign Minister Sergey Lavrov, who is scheduled to visit Vietnam on July 5-6 (Photo: AFP/VNA) Moscow (VNA) - Grigory Lokshin , an expert from the Centre for Vietnam and ASEAN Studies under the Russian Academy of Sciences’ Institute of Far Eastern Studies, has highlighted Vietnam's important role in stable ties between between Russia and the Far East in particular and Southeast Asia. Lokshin made the comment on July 5 while being interviewed by Russia’s Independent newspaper at the outset of Russian Foreign Minister Sergey Lavrov ’s visit to Vietnam. According to the Russian expert, the cooperation in the field of military technology and energy, particularly oil and gas development projects, plays an important role in the bilateral relationship and is always a key topic at working sessions between the two countries' politicians. The Independent newspaper said Lavrov's Asia tour shows that Russia is reorienting its political and diplomatic resources with … [Read more...] about Vietnamese studies expert highlights Vietnam’s role in Russia – Southeast Asia ties

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