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Hanoi (VNA) - Vietnam’s current leaders, including those to be elected by the 13th National Party Congress, want the country to play a greater role internationally and to step up proactive international integration, said Carlyle A. Thayer, an Emeritus Professor of Politics at the University of New South Wales in Australia. The expert made his statement in a recent article, in which he mentioned that in October last year, Vietnamese leaders released the text of the draft Political Report to be submitted to the 13th National Party Congress and the text of the socio-economic development plan for the next five years. He said according to the texts, Vietnam will continue on its path of domestic economic reform and anti-corruption drive. The nation will also step up its proactive efforts in international economic integration, including meeting its obligations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Regional Comprehensive Economic … [Read more...] about Aussie expert assesses how 13th National Party Congress impacts Vietnam’s future

Hanoi (VNA) – Ho Chi Minh City has been ranked fifth as Asia Pacific investors’ most preferred market for investments by CBRE Group, Inc. CBRE’s Asia Pacific Investor Intentions Survey 2021 was conducted between  November 9 and December 14 last year. As many as 492 mainly Asia Pacific-based investors participated in the survey, which asked respondents a range of questions regarding their buying appetite and preferred strategies, sectors and markets for 2021. “Ho Chi Minh City has already been on the radar of investors in recent years, especially those who are looking to invest in Southeast Asia, as the city is viewed as having the potential for greater appreciation in property values and higher yields,” said Desmond Sim, Head of Research, Southeast Asia, CBRE. “Other noteworthy movement in this year’s rankings included Ho Chi Minh City, which entered the top five for the first time. With the diversification of supply chains … [Read more...] about CBRE: HCM City among top preferred cities for cross-border investments in Asia-Pacific

“Other noteworthy movement in this year’s rankings included Ho Chi Minh City, which entered the top five for the first time. With the diversification of supply chains encouraging more manufacturing investment, industrial and logistics assets are keenly sought after,” according to the survey. … [Read more...] about HCMC among top preferred cities for cross-border investments in Asia-Pacific

Hanoi (VNA) - National flag carrier Vietnam Airlines and Pacific Airlines, two carriers under the Vietnam Airlines Group, have announced adjustments to flights to and from Hanoi’s Noi Bai International Airport on January 21 due to unfavourable weather conditions. Two flights from Ho Chi Minh City, VN248 and VN7246, will land at Cat Bi Airport in the northern port city of Hai Phong. Two others from HCM City, VN7206 and VN320, are to be diverted to the central city of Da Nang, while another from Buon Ma Thuot is to land at Tho Xuan Airport in central Thanh Hoa province. Vietnam Airlines’ flights VN1612 and VN8714 from Pleiku and Vinh city will be diverted to Da Nang and Cat Bi airports, respectively. Many domestic flights to and from Hanoi were delayed because of the bad weather./. … [Read more...] about Airlines adjust flights due to bad weather in Hanoi

Hanoi (VNS/VNA) - Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said. Last year saw the highest public investment disbursement rate in 2016-2020 as the Government identified public investment as a major driver for growth in the context of the COVID-19 pandemic. The Ministry of Planning and Investment estimated the public investment disbursement rate would reach more than 90 percent of the plan as of the end January 31 (the deadline for disbursement of 2020 public investment), compared to 73.3 percent of 2017, 66.8 percent of 2018 and 67.46 percent of 2019. There were 17 ministries, central-level agencies and 17 localities with disbursement rates of more than 80 percent as of December 31, 2020. However, 13 ministries and central-level agencies and five localities had disbursement rates below 60 percent. … [Read more...] about Public investment will focus on key projects: Minister