What is policy implementation

Ilustrative image. (Photo: VNA) Accordingly, a new decree, coded 38/2022/ND-CP, on raising the regional minimum wage for laborers will come into effect on July 1. The 6 percent increase is equivalent to a rise of VND260,000 (US$11.20) in Region 1, and VND240,000, VND210,000, and VND180,000 in Regions 2, 3, and 4, respectively. The document to this effect also specifies that the minimum hourly wage will range from VND15,600 to VND22,500, which also depends on the region. The geographical classification is determined based on the employer’s place of operation. Region 1 covers Hanoi and Ho Chi Minh City's urban areas; Region 2 encompasses Hanoi and HCMC's rural areas, along with major urban areas in the country like Can Tho, Da Nang and Hai Phong; Region 3 covers provincial cities and the districts of Bac Ninh, Bac Giang and Hai Duong provinces; and Region 4 comprises the rest of the country. Meanwhile, per the Minister of Finance’s Circular 78/2021/TT-BTC, dated September 17, … [Read more...] about Policies to take effect in July

Vietnamese Deputy Minister of National Defence Sen. Lieut. Le Huy Vinh (R) and UK Minister of State at the Ministry of Defence Baroness Goldie (Photo: VNA) London (VNA) – Vietnamese and UK officials said they wish to turn defence cooperation into a pillar in the countries’ overall relations at the 1st session of the 4th Vietnam-UK defence policy dialogue held in London on June 29 (local time) as part of National Assembly Chairman Vuong Dinh Hue’s ongoing official UK trip. Co-chairing the dialogue, Vietnamese Deputy Minister of National Defence Sen. Lieut. Le Huy Vinh and UK Minister of State at the Ministry of Defence Baroness Goldie expressed their delight at the positive and dynamic growth of the Vietnam-UK strategic partnership. With the bilateral defence cooperation sustained effectively, the officials considered the dialogue an important mechanism for the two defence bodies to review outcomes of and put forth future orientations for their join works. Assessing … [Read more...] about Vietnam, UK hold 4th defence policy dialogue in London

The Renewable Energy in Sustainable Industrial Parks conference was organised by the Haiphong Economic Zone Management Board in collaboration with the Embassy of the UK, the nation's Chamber of Commerce and Industry, and Star Do Group. Head of the Haiphong Economic Zone Management Board Le Trung Kien asserted the green development demand of Haiphong city and its industrial parks and economic zones. Photo: Thanh Son Attendees at the conference were Harry Rawicz-Szczerbo, head of the Trade and Investment Department at the UK Embassy; Le Trung Kien, member of the city Party Committee's Standing Board and head of the Haiphong Economic Zone Authority; Mark Shorrock, chairman of Shire Oak International; Nguyen Thanh Phuong, CEO of Sao Do Group; and representatives of Haiphong's departments and agencies, investors, and businesses. Mark Shorrock, chairman of Shire Oak International, talked about the renewable energy demand of businesses in the RE100 group. Photo: Thu … [Read more...] about Haiphong promotes renewable energy investment in industrial parks

Malaysian Minister of Finance Zafrul Tengku Abdul Aziz (Photo: Bernama) Kuala Lumpur  (VNA) -  The total amount of subsidies for Malaysian people is expected to reach near 80 billion RM (nearly 20 billion USD) in 2022, according to Malaysian Minister of Finance Zafrul Tengku Abdul Aziz. In the 100th People’s Financial Report released on June 27, the minister said to reduce inflationary pressures on the people, the government has provided various consumption subsidies consisting of petrol, diesel, liquefied petroleum gas (LPG), cooking oil, flour and electricity. The projected consumption subsidies expenditure for 2022 is the highest amount of subsidies in history ever borne by any government, he added. The Malaysian government will continue to implement policies to curb inflation in order to avoid excessive price increases, and help those in need of direct assistance. Large amounts of government funds have been spent to address the impact of the COVID-19 … [Read more...] about Malaysia to spend 20 billion USD on subsidies in 2022