Socio economic caste census 2015

An overview of the event to launch the report (Photo: WB) Hanoi (VNA) - For Vietnam to realise its aspiration for reaching high income status by 2045, the country will need to shift its economic growth model and sharply improve the government’s capacity to coordinate and implement economic policy reforms and public investments, a World Bank Group report says. The World Bank Group ’s Systematic Country Diagnostic Update , entitled "How Will Vietnam Blossom? Reforming Institutions for Effective Implementation”, emphasises that Vietnam's traditional growth model faces major challenges from the COVID-19 pandemic, slowing globalisation, 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 five fold over the past three … [Read more...] about Vietnam should shift economic growth model for further development: WB report

Prime Minister Pham Minh Chinh meets Vietnamese in San Francisco . (Photo: VNA) San Francisco (VNA) – Prime Minister Pham Minh Chinh has lauded overseas Vietnamese ( OVs ) in general and those in the US in particular for their contributions to the homeland as well as the Vietnam-US ties. At a meeting with representatives of the Vietnamese community in San Francisco on May 17 (local time) as part of his trip to the US, Chinh noted that OVs have engaged in 376 projects in the form of foreign direct investment (FDI) with total registered capital amounting to 1.72 billion USD. Remittances to Vietnam exceed 10 billion USD each year, hitting 12.5 billion US D last year, he said, stressing that the capital has played a role in the country’s socio-economic development. The leader reiterated that the Party and the State have always regarded OVs as an integral part and an impulse for national development, which has been reflected in the institutionalisation of … [Read more...] about Prime Minister meets Vietnamese in San Francisco

President of the Ho Chi Minh National Academy of Politics (HCMA) Prof. Dr. Nguyen Xuan Thang meets State Secretary at the German Federal Ministry for Economic Affairs and Climate Action Patrick Graichen. (Photo: VNA) Berlin (VNA) – President of the Ho Chi Minh National Academy of Politics (HCMA) Prof. Dr. Nguyen Xuan Thang has been busy on his visit to Germany from May 14 – 19, with renewable energy and climate action high on his working agenda. Thang co-chaired the seventh theory dialogue between the Communist Party of Vietnam (CPV) and the Social Democratic Party of Germany (SDP), during which the two parties exchanged views on a number of both theoretical and practical matters. Discussions have placed an emphasis on Vietnam’s energy transition strategy to ensure national energy security and fulfil international commitments; developing green agriculture in Vietnam in the era of the Fourth Industrial Revolution; green growth and climate resilient models in some … [Read more...] about Renewable energy, climate action prioritised in Party official’s visit to Germany

Thang co-chaired the seventh theory dialogue between the Communist Party of Vietnam (CPV) and the Social Democratic Party of Germany (SDP), during which the two parties exchanged views on a number of both theoretical and practical matters. Discussions have placed an emphasis on Vietnam’s energy transition strategy to ensure national energy security and fulfill international commitments; developing green agriculture in Vietnam in the era of the Fourth Industrial Revolution; green growth and climate resilient models in some Vietnamese localities; and the path towards an eco-social market economy and advantages and challenges to energy transition and green agriculture development in Germany. The Vietnamese official also had a meeting with SPD Co-leader Lars Klingbeil. He spoke highly of the long-standing friendship between the two parties and the SPD’s efforts in co-hosting the seventh dialogue, and proposed both sides to further expand their relations in the coming time, contributing … [Read more...] about Renewable energy, climate action prioritized in Party official’s visit to Germany

President Nguyễn Xuân Phúc (right) meets Speaker of the Singaporean Parliament Tan Chuan-Jin on Thursday. VNA/VNS Photo HÀ NỘI — Speaker of the Singaporean Parliament Tan Chuan-Jin said Singapore’s Prime Minister wants to visit Việt Nam in 2023 when the two countries celebrate the 50th anniversary of the establishment of diplomatic relations, during his meeting with Vietnamese President Nguyễn Xuân Phúc on Thursday. President Phúc said that the presence of Speaker Tan at the 31st SEA Games provides great encouragement to the host country Việt Nam and the Singapore sports delegation. The Vietnamese leader praised the good results of talks between Vietnamese NA Chairman Vương Đình Huệ and his Singaporean counterpart. Assessing that trade growth between the two countries is very positive, with more Singaporean projects investing in Việt Nam, the President said that the Vietnam Singapore Industrial Park is considered a symbol of economic cooperation between the two countries. … [Read more...] about Việt Nam, Singapore to strengthen cooperation ahead 50th anniversary of diplomatic relations

At a Wednesday conference held by the Communist Party's Secretariat regarding sustainable development of Vietnam’s urban areas by 2030, with vision until 2045, Tran Tuan Anh, head of the Central Economic Commission, said the Party's decision-making Politburo has requested for quicker, better urbanization, as well as sustainably developing urban areas into networks. By 2025, the urbanization rate of Vietnam would be around 45 percent, with 950-1,000 urban areas. By 2030, the rate would be at 50 percent with 1,000-1,200 urban areas. The goal means Vietnam would need 100 more urban areas in the next decade. The country would also have certain urban centers at national and regional level, with medical, education and cultural criteria similar to other urban areas in countries among the top four in Southeast Asia. In those urban areas, the ratio between traffic land and construction land must be at 16-26 percent in 2030. Tree coverage for each person on average must reach 8-10 per … [Read more...] about Vietnam aims to be 50 percent urbanized by 2030