Short term v long term interest rates

Vice Chairman of the People’s Council of Ho Chi Minh City Nguyen Van Dung addresses the meeting (Photo: VNA) HCM City (VNA) – Vice Chairman of the People’s Council of Ho Chi Minh City Nguyen Van Dung and Vice Chairman of the Standing Committee of China's Shanghai Municipal People Congress Chen Jing had an online meeting on June 30 to discuss orientations to promote the partnership between their elected agencies. Dung affirmed that the meeting shows HCM City’s determination and hope to maintain the friendly and cooperative partnership between the two cities. Briefing the Chinese official on the socio-economic situation of the city, Dung said he hopes Shanghai will continue to organise short-term training courses for HCM City officials and share experience in areas of mutual interest. He briefed the Chinese official on major activities of the HCM City People’s Council, especially measures to speed up the socio-economic recovery and development after COVID-19 , and … [Read more...] about Elected bodies of HCM City, Shanghai foster partnership

Vice Chairman of the People’s Council of Ho Chi Minh City Nguyen Van Dung addresses the meeting (Photo: VNA) Dung affirmed that the meeting shows HCMC’s determination and hope to maintain the friendly and cooperative partnership between the two cities. Briefing the Chinese official on the socio-economic situation of the city, Dung said he hopes Shanghai will continue to organise short-term training courses for HCMC officials and share experience in areas of mutual interest. He briefed the Chinese official on major activities of the HCMC People’s Council, especially measures to speed up the socio-economic recovery and development after Covid-19, and expressed his hope to learn legislative experience from China in various fields. For his part, Chen noted that the partnership between Shanghai and HCMC, which was set up in 1994, has developed soundly in many areas. He lauded the potential of HCMC and the strong growth of Vietnam and the city in particular, and said he hopes to … [Read more...] about Elected bodies of HCMC, Shanghai foster partnership

National Assembly Chairman Vuong Dinh Hue holds talk with the Prudential management led by chairwoman Shriti Vadera, Interim Group CEO Mark FitzPatrick and Prudential Vietnam CEO Phuong Tien Minh, during his visit to the UK. — VNA/VNS Photos Doan Tan Photos Doan Tan Prudential plc executives called on National Assembly Chairman Vuong Dinh Hue and the high-level delegation he led to Britain to attend the Vietnam – UK High-level Forum on Economy and Trade to discuss the Vietnamese Government’s priorities and the role of insurers in increasing financial inclusion in the country. This meeting was aimed at strengthening relationships and underlining Prudential’s commitment to Viet Nam. After the two-year-long COVID-19 pandemic, Prudential is focusing on building a resilient business to best serve its customers. Insurers like Prudential play an important role in developing innovative savings and protection products to meet Vietnam’s evolving needs while strengthening and deepening … [Read more...] about National Assembly chief Vuong Dinh Hue meets Prudential brass during UK visit

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on June 30. - Local media of Hungary have highlighted the visit by National Assembly Chairman Vuong Dinh Hue, which was made from June 26-28 at the invitation of Speaker of the Hungarian NA László Kövér. Read full story - Vietnamese representatives reaffirmed their country’s commitments to develop blue and sustainable oceans when attending the United Nations Ocean Conference (UNOC) held in Lisbon from June 27 to July 1. United Nations Ocean Conference (Photo: VNA) Addressing the UN Conference to Support the Implementation of Sustainable Development Goal 14 (SDG14): Conserve, sustainably use the oceans, seas and marine resources for sustainable development, Deputy Foreign Minister Pham Quang Hieu emphasised the need to fully and effectively implement the UN Convention on the Law of the Sea (UNCLOS) - a comprehensive legal framework for all activities at sea and a … [Read more...] about ☕ Afternoon briefing on July 1

Authorities in Ho Chi Minh City have proposed the construction of a US$6 billion international transshipment port in outlying Can Gio District. The proposal was made by chairman of the municipal People’s Committee Phan Van Mai in his document sent to Prime Minister Pham Minh Chinh on Thursday. The investment into the port was originally suggested by MSC Group – the world's largest shipping group, Vietnam Maritime Corporation, and Saigon Port. The project is expected to have about 7.2 kilometers of wharves and cost approximately $6 billion. The port will be able to receive the world's largest container ship, which can carry 24,000 twenty-foot equivalent unit (TEU) containers, while its capacity will be around 10-15 million TEUs. The implementation of the project will be divided into seven phases, with the developers hoping that the first phase will be initiated in 2024 and put into operation in 2027. The final phase is expected to be put to use in 2040. The existing Can … [Read more...] about Ho Chi Minh City proposes construction of $6bn int’l transshipment port

Two Vietnamese artists, famous in Vietnam, were arrested in Spain last weekend due to an accusation of having raped a 17-year-old British girl, according to reports by British and Spanish newspapers. The two, an actor and a musician aged 37 and 42, appeared in court on Tuesday, according the Majorca Daily Bulletin, a local newspaper of the holiday island of Majorca, where the sex attack was said to have taken place. They were released on bail, but their passports were withdrawn. The British girl gave a statement to the court, verifying what she had reported to police officers. Accordingly, the two men were staying at a hotel in Sant Elm. The girl and her family were at a different hotel. They met at a restaurant on Friday night last week. They struck up a conversation and drank together. Some time later, the three went to the beach, where they began to get intimate. They then went to the hotel room of one of the men, which was where the alleged rape took place. … [Read more...] about 17-year-old Briton accuses two Vietnamese artists of raping her in Spain: media