Institutions have become a major impediment to the nation’s aspiration to reach high income by 2045. Vietnam needs to shift its economic growth model and improve the government’s capacity to implement economic policy reforms and public investments, realizing its aspiration of reaching high-income status by 2045, a World Bank Group report says. Overview of the report launch. The World Bank Group’s Systematic Country Diagnostic Update, themed "How Will Vietnam Blossom? Reforming Institutions for Effective Implementation,” emphasizes that Vietnam's traditional growth model faces major challenges from the Covid-19 pandemic, slowing globalization, and the country’s increasing vulnerability to external shocks, especially climate risks. After identifying a series of policy responses and reform priorities, many of which are not new, the report argues that adapting institutions will be the key to success. “Vietnam’s GDP per capita has increased fivefold over the … [Read more...] about Effective policy implementation crucial for Vietnam to reach high-income status by 2045: WB
Snyders 16 goals for success
Vietnam shares experience in increasing children’s access to education
In her speech at the May 17 event, Deputy Minister of Labor, Invalids, and Social Affairs Nguyen Thi Ha introduced solutions that the Vietnamese Government has been implementing to increase children’s access to education, as well as to reduce the risk of school dropping out and child labor. The official said 94.4 percent of child population in Vietnam has gained access to education thanks to policies designed for the purpose implemented in parallel with those for social welfare and poverty reduction. Many models and solutions, including those supporting children at risk of labor exploitation to access vocational training, have been rolled out via Government- and international-funded projects, she added. The deputy minister also talked about Vietnam’s experience in ensuring education throughout the period of COVID-19 pandemic and in bringing children back to school after social distancing measures were lifted. Vietnam will continue to act and look forward to receiving stronger … [Read more...] about Vietnam shares experience in increasing children’s access to education
Myanmar’s women football team awarded 100,000 USD
At the Myanmar-Singapore match in women's football of SEA Games 31 (Photo: VNA) Hanoi (VNA) – Myanmar’s Union Minister for Sports and Youth Affairs U Min Thein Zan recently awarded 100,000 USD to female football ers of the country for qualifying for the semi-finals at the ongoing SEA Games 31 in Vietnam. He praised the brilliant performance of the team, affirming that the Myanmar State and people will look forward to honouring the nation pride through sports and success. On May 15, Myanmar beat Singapore 1-0 in the last match of Group B with the sole goal by Win Theingi Tun in the fourth minute of the second-half injury time. They earlier trounced Laos 3-0 on May 10. In the semi-finals, Myanmar will play the hosts Vietnam who topped Group A, while Thailand will face the Philippines. Both fixtures will take place at Cam Pha Stadium of Quang Ninh on May 18. SEA Games 31, themed “For a Stronger South East Asia”, is being held in the Hanoi capital and 11 … [Read more...] about Myanmar’s women football team awarded 100,000 USD
Microsoft wants to cooperate with Viet Nam in digital transformation, cybersecurity, green economy: Executive
Prime Minister Pham Minh Chinh on May 17 met with Vice President of Sales, Marketing and Operations at Microsoft Asia Pacific Sandy Gupta in San Francisco as part of his trip to the US. — VNA/VNS Photo Duong Giang Prime Minister Pham Minh Chinh on May 17 met with Vice President of Sales, Marketing and Operations at Microsoft Asia Pacific Sandy Gupta and other leading officials of Microsoft. During the talks, PM Chinh congratulated Microsoft on its successes in recent times and its implementation of a digital transformation programme globally, including in Viet Nam. He said he hopes Microsoft will effectively implement its programmes in Viet Nam and contribute recommendations to help Viet Nam effectively implement its digital transformation programme and build a digital government, a digital society, and digital citizens. The Prime Minister said that Viet Nam has established a National Committee on Digital Transformation, chaired by the Prime Minister, to promote the building of … [Read more...] about Microsoft wants to cooperate with Viet Nam in digital transformation, cybersecurity, green economy: Executive