Vietnam is actively improving its market economy institutions in order to accelerate the country’s international integration, according to Prime Minister Nguyen Tan Dung.
Vietnam is activelyimproving its market economy institutions in order to accelerate thecountry’s international integration, according to Prime Minister NguyenTan Dung.
The PM was speaking during a dialogue in New York onSeptember 27 with representatives of leading US economic groups Metlife,GE, IBM, AES, Warburg Pincus, Coca-Cola and Ford.
He emphasisedagain that the country wants to further promote cooperation with the USin all fields, especially economics, trade and investment.
TheVietnamese leader cited the growing investment in the country’sinfrastructure development as one of its major breakthroughs andstressed that it now intends to achieve high-quality human resourcesdevelopment. He called on US investors to get involved in the resultingopportunities.
Vietnam and the US have agreed to lift theirrelations to a comprehensive cooperative partnership, he said, addingthat the prospect of the forthcoming Trans-Pacific Partnership (TTP)will fuel trade and economic ties between the two countries.
Heexpressed his hope the newly established partnership and the upcomingtrade deal will make the US the biggest trade partner and foreigninvestor in Vietnam.
The PM also assured the US participants ofthe Vietnamese Government’s commitment to continuously improving thebusiness climate and facilitating foreign businesses to launch effectiveand long-term operations in the country.
During the dialogue,the Prime Minister answered questions relating to the Government’simmediate and long-term priorities and measures to maintainmacro-economic stability, inflation control, economic restructuring andgrowth model reform.
He presented the country’s economicrestructuring process, particularly focusing on reforms to State-ownedenterprises, the banking system and bad debt settlements whileexplaining how Vietnam tries to become more economically competitive.
ThePM said he wants US economic groups to support Vietnam’s request for anend to discrimination against its goods, especially tra fish.
TheUS is Vietnam’s leading trade partner with total two-way trade betweenthem reaching 25 billion USD in 2012. The figure was 17 billion USD inthe first seven months of this year and it is expected to amount to 30billion USD by the end of the year.
♋ The US is currently theseventh biggest foreign investor in Vietnam, running 660 projects with atotal registered capital of 11 billion USD.-VNA
The Vietnamese Embassy advises the Vietnamese community living, studying, and working in Israel to strictly comply with directions from the Home Front Command and local authorities.
Lawmakers are set to vote on revisions and amendments to a broad spectrum of legal frameworks and impactful resolutions during the final week of the 15th NA's 9th session.
The State Committee for Overseas Vietnamese Affairs (SCOVA) has served as a bridge connecting and uniting the community with the homeland, becoming a trusted source of support for Vietnamese expats in times of hardship.
The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.