Resolution recoveries

Illustrative photo. (Source: VNA) Hanoi – The S&P Global Ratings on May 26 raised its long-term sovereign credit rating on Vietnam to “BB ” with a “stable” outlook on the back of strong economic recovery, according to the Ministry of Finance. It is a very positive move when S&P Global Ratings upgraded Vietnam’s sovereign credit rating amidst numerous global uncertainties and challenges, the ministry said in a statement, adding that it reflects an international recognition of Vietnam’s efforts to stabilise and recover the macro-economy and reinforce the socio-political foundation. Vietnam is one of the only two Asia-Pacific nations that have had its ratings upgraded since the beginning of this year, factoring in that Vietnam’s economy remains on a solid track to recovery following the complete removal of domestic and cross-border mobility restrictions, outstanding improvement in COVID-19 vaccination rates and a flexible shift in virus control strategy. It is also … [Read more...] about G&P Global Ratings raises Vietnam’s sovereign credit rating

Officers and soldiers of Sapper Unit No. 1 (Photo: VNA) set off to participate in the UN peacekeeping operations (Photo: VNA) The spirit of dedication and responsibility of Vietnamese soldiers has helped spread the image of the country and people of Vietnam who love peace for a prosperous and progressive human community. President Nguyen Xuan Phuc has assessed the engagement in UN peacekeeping activities over the past 8 years as a bright spot in the multilateral diplomacy of the country’s Party, State and army. The establishment of the Vietnam Peacekeeping Centre and the send-off for the first two VPA officers to work as liaison officers at the UN Mission in South Sudan on May 27, 2014, marked the nation's official participation in UN peacekeeping operations. On November 13, 2020, the National Assembly passed Resolution No. 130/2020/QH14 on joining the UN peacekeeping force, which clearly stipulates principles, forms, fields and forces, competence, force deployment process, … [Read more...] about Engagement in UN peacekeeping missions

After a year of not raising tuition fees due to the impacts of Covid-19, the Hanoi people's council passed a resolution on May 20 to hike public preschool and high school tuition fees for the 2022-23 academic year. The fees would double at first and subsequently increase by 20-40 percent every year. Sen, 43, lives in Hanoi’s Ha Dong District with her husband and two daughters, the other in 10th grade. She cleans houses for hourly wages while her husband is a laborer. They pay the highest tuition rate since their household registration is in Region 1, which comprises the capital’s inner districts. In addition, she may be required to pay VND300,000 ($12.93) per child per month for the following academic year, which is 1.4-2 times the current fee. Tuition fees for middle and high schools in Region 1 will gradually rise over the next three years to VND410,000, VND530,000, and VND650,000, respectively. Meanwhile, Sen and her husband's incomes fluctuate every month: Sometimes … [Read more...] about Hanoi parents brace for tuition hikes

Qatar Airways, Airbus want billion dollar paintwork battle settled out of court, illustration photo source: freepik.com The airline and leading plane maker have been fighting in the British courts for months over peeling paint on 23 A350 jets which have been grounded. A London high court judge agreed Thursday to the airline's demand for a speeded up trial schedule but refused to order Airbus to stop trying to resell jets intended for Qatar Airways to other airlines whilst they wait for a final ruling. Qatar Airways chief executive Akbar Al Baker, in a rare public comment on the case, told reporters in Doha: "Every partnership has disputes and I just hope that this dispute could be resolved outside the courts of law." The airline, which is demanding about $1 billion in damages, said in a statement that it was "pleased" that the latest judgement called for an "expedited trial" and more details on the peeling paintwork that it has said is a threat to the A350's lightning … [Read more...] about Qatar Airways, Airbus want billion dollar paintwork battle settled out of court

Permanent Deputy Prime Minister Phạm Bình Minh has paid courtesy call to Japanese Prime Minister Kishida Fumio during the trip to Japan to attend the International Conference on the Future of Asia. — VNA/VNS Photo HÀ NỘI — During the visit to Japan, Permanent Deputy Prime Minister Phạm Bình Minh has paid courtesy calls to Japanese Prime Minister Kishida Fumio and several other Japanese high-ranking officials on May 26-27. During the meetings, Deputy PM Minh said Việt Nam always considers Japan as an extensive, reliable, and important strategic partner, hoping that the two sides would continue to implement important agreements and common understandings obtained during the official visits of PM Phạm Minh Chính and PM Kishida Fumio, contributing to the promotion of bilateral relations. The Deputy PM emphasised that as the two sides are reopening with the COVID-19 situation under control, Việt Nam and Japan must continue to exchange high-level delegations, especially through … [Read more...] about Vietnamese Deputy PM calls for investment from Japan in meeting with PM Kishida

A health worker is processing COVID-19 test sample. VNA/VNS Photo HÀ NỘI — Việt Nam registered 1,239 new COVID-19 infections, all domestically transmitted, and no deaths on Friday. The Ministry of Health also announced that 9,365 COVID-19 patients were given the all-clear, bringing the number of recoveries to 9,431,450. Hà Nội still had the most daily infections with 297. This is the first time in six months the capital city has recorded less than 300 new cases in one day. The other localities reporting new transmissions were Vĩnh Phúc (86), Phú Thọ (63), Hải Dương (59), Nghệ An (56), Yên Bái (55), Quảng Ninh (51), Tuyên Quang (43), Nam Định (37), Đà Nẵng (35), Lào Cai (32), Thái Bình (30), Hồ Chí Minh City (30), Thái Nguyên (30), Sơn La (29), Điện Biên (26), Bắc Kạn (25), Lâm Đồng (23), Hà Nam (21), Hà Giang (19), Hà Tĩnh (18), Quảng Bình (18), Hải Phòng (17), Hòa Bình (15), Bình Phước (12), Hưng Yên (12), Ninh Bình (11), Thanh Hóa (11), Bắc Giang (11), Quảng Trị (10), … [Read more...] about Việt Nam logs 1,239 new COVID-19 cases, no deaths on Friday