It was reported at the meeting that 47 out of the total 80 sub-items in the joint initiative have been well implemented as scheduled so far, 15 are underway, six make no progress, and work will start on 12 others in the time ahead. Do Nhat Hoang, head of the Foreign Investment Agency under the MPI, said Vietnamese ministries and agencies have coordinated with the Japanese side to implement commitments in the action plan of the initiative. Vietnam’s commitment to materialising the joint initiative manifests the government’s resolve to improve the domestic investment environment, he said. Many legal documents have been amended and adopted within the framework of the initiative, he noted, adding that Vietnamese ministries and agencies have also taken into consideration many recommendations of Japan during the consolidation process of fine-tuning laws and policies, as well as law enforcement. Envoy Okabe Daisuke from the Japanese Embassy emphasised that the two sides will continue … [Read more...] about Vietnam, Japan review joint initiative
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Vietnamese, Korean Prime Ministers hold phone talks
Vietnamese Prime Minister Pham Minh Chinh talked over the phone with his counterpart from the Republic of Korea (RoK) Han Duck-soo on July 5, during which the two leaders compared notes on measures to boost the bilateral relations. PM Pham Minh Chinh (right) holds phone talks with his Korean counterpart Han Duck-soo (Photo: VNA) This was the first phone talk by the RoK’s PM with a foreign leader since he took office. Congratulating Han on his appointment as the RoK's PM, Chinh said despite global and regional uncertainties, including COVID-19 impacts, the relationship between Vietnam and the RoK has maintained its stable development pace, and the two countries have become leading important partners of each other, especially in economy, trade and investment. He affirmed Vietnam’s consistent foreign policy of independence, self-reliance, multilateralisation and diversification of relations, and being a friend, a reliable partner and an active, … [Read more...] about Vietnamese, Korean Prime Ministers hold phone talks
Rental assistance package for workers disbursed at snail’s pace
The government in late March issued a decision to grant a financial support package of VND6.6 trillion ($287.4 million) to help migrant workers pay rent for up to three months. The package is to be given to 3.4 million people by mid-August. As approved by the government, each worker will receive VND500,000-1 million per month over no more than three months. Two groups of beneficiaries are those who have labor contracts and have contributed to social insurance premiums via their salaries; and those that are currently working at industrial parks, export-processing zones and economic zones in 24 cities and provinces: Hanoi, Hai Phong, Quang Ninh, Hai Duong, Hung Yen, Vinh Phuc, and Bac Ninh in the north, Thua Thien-Hue, Da Nang, Quang Nam, Quang Ngai, and Binh Dinh in the central region, and Ho Chi Minh City, Binh Phuoc, Tay Ninh, Binh Duong, Dong Nai, Ba Ria – Vung Tau, Long An, Tien Giang, Can Tho, Ca Mau, An Giang and Kien Giang in the south. Until now, 558,000 workers at … [Read more...] about Rental assistance package for workers disbursed at snail’s pace
200 Vietnamese, Indian medical firms join annual networking event
At the event (Photo: VNA) HCM City (VNA) – About 200 Vietnamese and Indian enterprises in the pharmaceutical and medical field participated in a networking event in Ho Chi Minh City on July 5, together exploring their ‘golden’ cooperation and investment opportunities in the post-pandemic period. The annual conference was co-organised by the Vietnam Chamber of Commerce and Industry's Branch in Ho Chi Minh City ( VCCI-HCM ) and the Pharmaceuticals Export Promotion Council of India ( Pharmexcil ). As heard at the function, businesses of the sides are looking for joint pharmaceutical partnerships, particularly in COVID-19 vaccine production. In the medical area, outstanding Indian projects in Vietnam include a 500-million-USD pharmaceutical industrial park in Thanh Hoa province and an international pharmaceutical park worth 10-12 billion USD in Hai Duong province. Recently, Vietnam revised regulations and Indian businesses meeting the quality requirements are … [Read more...] about 200 Vietnamese, Indian medical firms join annual networking event
Prudential launches AI-powered mental wellness tools to balance mental, physical health
Prudential Vietnam launches new AI-powered mental wellness tools to enable users to manage their mental and physical health with personalised information and recommendations. — Photo courtesy of the company Prudential Vietnam has announced the launch of its new mental wellness tools aimed at helping users manage their mental and physical health with personalised information and recommendations. The AI-powered tools can now be accessed on Pulse by Prudential (Pulse), adding to the extensive features on this all-in-one holistic health and wealth management mobile app. According to a scientific brief released by the World Health Organization in March this year, global prevalence of anxiety and depression increased by 25 per cent in the first year of the pandemic. In pre-pandemic Viet Nam, according to statistics published by the Ha Noi-based Bach Mai Hospital’s Institute of Mental Health, 30 per cent of the population had various mental health issues, 25 per cent related to … [Read more...] about Prudential launches AI-powered mental wellness tools to balance mental, physical health