Vietnam prime minister

Prime Minister Pham Minh Chinh speaks at the 13th ASEM Summit. (Photo: VNA) Hanoi (VNA) – As a founding member of the Asia-Europe Meeting (ASEM), Vietnam has played an active and proactive part in the ASEM process and proposed many measures and initiatives to strengthen cooperation within the ASEM in all spheres, Deputy Minister of Foreign Affairs Dang Hoang Giang has said. The official made the affirmation in an interview granted to the press after Prime Minister Pham Minh Chinh attended the 13th ASEM Summit and relevant activities via videoconference from November 25-26 at the invitation of his Cambodian counterpart Samdech Techo Hun Sen. According to Giang, PM Chinh put forward four proposals to enhance cooperation among Asian and European countries while addressing the 13th ASEM Summit on November 26. The PM said the countries should stay united and join hands to boost global cooperation since no country can single-handed deal with global issues. The … [Read more...] about Vietnam plays active, proactive role in ASEM cooperation process: Deputy FM

Demand for industrial, logistics estates at core of enquiries next year: Savills Demand for industrial and logistics estates in addition to ready-built factories and warehouses will continue to be the core of enquiries next year, according to an expert from property consultancy Savills Vietnam. “However, in terms of new trends, data centres and cold storage facilities are in demand and have gained traction in 2020 and 2021,” John Campbell, manager of Industrial Services at Savills Vietnam told the Vietnam Investment Review. “Next year, we expect this to continue, as Vietnam is now on the radar for hyperscale facilities.” Low-value industries are beginning to set up elsewhere in Southeast Asia as Vietnam no longer offers the same incentives, he said, adding that these industries such as textiles and furniture struggle to source affordable labour and land in Vietnam. However, foreign and high value-added investors remain bullish on Vietnam’s long-term growth, … [Read more...] about VIETNAM BUSINESS NEWS NOVEMBER 23

The operator of a building in Ho Chi Minh City has taken legal action against Highlands Coffee, a popular café chain in Vietnam, for failing to pay nearly five months of rents, shortly after a similar controversy between the coffee shop brand and another building owner in Hanoi. In its denunciation letter sent to the police bureau of Ward 25 in Binh Thanh District, Ho Chi Minh City, Hoa Binh House Corporation (HBH) accused Highlands Coffee Service JSC of illegally trespassing on Pax Sky building, which belongs to HBH, disrupting security and order, and hindering HBH’s business activities at the building. Highlands Coffee has owed up to VND500 million (US$22,000) worth of rents from July to date for the space of its outlet inside Pax Sky building, which is located at 26 Ung Van Khiem Street in Ward 25, Binh Thanh District, according to a sales manager of HBH. Before submitting the denunciation letter, HBH had discussed the issue with representatives of Highlands Coffee by … [Read more...] about Vietnam’s famed Highlands Coffee chain sued for 5-month unpaid rents

Vietnam said vaccination and early treatment would be key for its pandemic fight. Vietnam is determined to produce Covid-19 drugs and vaccines amid efforts to provide booster shots, Prime Minister Pham Minh Chinh told local authorities on November 27. Vietnam's Prime Minister Pham Minh Chinh at the meeting on Nov 27. Photo: VGP Chinh stressed the need to tackle problems in the production of drugs and vaccines ensuring safety, scientific standards, and effectiveness when he chaired a meeting with the participation of Deputy PM Vu Duc Dam, Health Minister, drug producers, and scientists. Chinh said drugs and vaccines are one of the crucial factors in coping with the Covid-19 pandemic that include the 5K (masking – disinfection – distance – no gathering – medical declaration), technology, and people’s awareness. As Vietnam has switched anti-pandemic strategy from “zero Covid” to flexible adaptation to the pandemic, vaccination and early treatment would be … [Read more...] about Vietnam promotes production of Covid-19 drugs, vaccines

Illustrative image (Photo: Xinhua) Phnom Penh (VNA) – Cambodia’s National Assembly (NA) on November 25 approved the draft budget of 8.5 billion USD for the government spending in 2022, a rise of 8.4 percent over that of 2021. Speaking during a NA session, Economy and Finance Minister Aun Pornmoniroth said the budget is equal to 27.95 percent of the kingdom's gross domestic product (GDP). He said that the 2022 budget is essential to respond to the impacts of COVID-19, restore economic growth, and ensure the success of the commune elections and the success of the ASEAN summits when Cambodia is the host. Pornmoniroth held that the Southeast Asian nation's economy is projected to grow 4.8 percent in 2022 from 2.4 percent in 2021. To meet the expenditure next year, the government is expected to earn a total revenue of 6.3 billion USD next year, up 19.3 percent from this year, the draft budget law said, adding that it has also planned to borrow another 1.6 billion … [Read more...] about Cambodia NA approves draft State budget spending for 2022

Statistics from the Ministry of Health show that as of November 14, Vietnam recorded over 1.018 million COVID-19 infections, including 1.013 cases seen in the fourth wave from April 27, with 855,237 recoveries. Highest case numbers were recorded in Ho Chi Minh City (446,443 cases), Binh Duong (242,874), Dong Nai (77,399) Long An (36,441) and Tien Giang (20,506). The capital city of Hanoi reported 5,777 cases since April 29, including 2,202 ones found in the community. Minister Long said that the forecast of the pandemic developments is difficult due to the emergence of new variants of the virus and complicated developments of the unprecedented pandemic. So far, no long-term predictions have been given in the world, he said, adding that the World Health Organization forecast that it may not end in 2022 and prolong to 2023, becoming a normal flu. The official said that the ministry has asked localities to remain vigilant against the pandemic and increase COVID-19 vaccine coverage. … [Read more...] about Vaccination, 5K regulations key to protect pandemic fight outcomes: Health Minister