The Government will take measures to create momentum for economic development right in the first months of this year, particularly in the context of dropping oil prices, said an official.
Hanoi (VNA) - The Government will take measures to create momentum for economic development right in the first months of this year, particularly in the context of dropping oil prices, Chairman of the Gove🤪rnme﷽nt Office Minister Nguyen Van Nen said at a regular press briefing on January 29.
He said all sectors should speed up the disbursement of capital for projects, particularly those in infrastructure, while continuing to improve the business and investment climate as well as raising competitive capacity to catch up with the four more developed countries in the ASEAN by the end of this year.
Minister Nen also urged ministries, sectors and local authorities to provide timely support for farmers hard hit by the recent severe cold spell.
Mentioning preparations for the upcoming Lunar New Year, the minister said the trade-industry sectors have been instructed to stock up on goods and keep a close check on good quality and food safety.
The transport sector is required to ensure sufficient means of transport to meet the need of people who want to return home for Tet.
The minister reported a positive socio-economic situation in the first month of 2016, with the consumer price index not changing from the previous month while total demand and purchasing power increased, as seen in an 11.7 percent increase in total retail and service revenues.
According to the Ministry of Planning and Investment, January’s exports revenue went up 2.2 percent year on year to an estimated 13.8 billion USD. Foreign direct investment also improved with the numbers of both new projects and expanded projects more than doubling from the same period last year.
The government has instructed ministries to take action to facilitate export and control imports, as well as assist domestic enterprises in getting ready to adapt to the Trans-Pacific Partnership (TPP) agreement, free trade agreements and commitments to the ASEAN Community.
Deputy Minister of Industry and Trade Do Thang Hai informed the media that Minister of Industry and Trade Vu Huy Hoang will lead a delegation to Australia and New Zealand as from January 30 to bolster cooperation with the two countries. The delegation includes many business representatives, who wish to study the advantages offered by free trade agreements, the deputy minister said.-VNA
The 2015 socio-economic goals are feasible based on the past seven-month performance and provided efforts continue to be made, Prime Minister Nguyen Tan Dung has said.
The pick-up of the property market has triggered bubble fears, but State management agencies said the market would be closely watched to prevent it from happening again.
The PM has urged upgrades of Hanoi National University and Ho Chi Minh City National University to exceptional tertiary education facilities towards regional and international standards by 2020.
Prime Minister Nguyen Tan Dung has offered a number of specific instructions after being updated on the positive socio-economic performance during January-August.
Prime Minister Nguyen Tan Dung has urged better preparations to ensure goods supply as well as the maintenance of political security, and social order for the upcoming New Year and lunar New Year.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Thirty years ago, on July 28, 1995, Vietnam’s accession to ASEAN marked a historic strategic decision, opening a new chapter in the country’s integration process and beginning its strong rise.
Ambassador Vu Le Thai Hoang has outlined specific priorities and proposals for cooperation with the UNODA in preparation for the upcoming 11th Review Conference of the Non-Proliferation of Nuclear Weapons (NPT).
The Vietnamese Party leader's visit is therefore expected to mark a new stage in the development of the Comprehensive Strategic Partnership between the two countries, with a focus on such areas as digital transformation, supply chains, semiconductors, clean energy, and maritime security, Choe assessed.
At their meeting, which took place in the Angolan capital of Luanda on August 7 as part of State President Luong Cuong’s ongoing state visit to the African nation, the two officials also agreed to make full use of existing cooperation mechanisms, particularly the Vietnam – Angola Intergovernmental Committee, and step up exchanges of delegations at all levels.
President Luong Cuong's talks with his Angolan counterrpart João Manuel Gonçalves Lourenço, Vietnamese leader's receptions for a delegation from the Japan – Vietnam Parliamentary Friendship Alliance, and the Government's regular meeting for July are among news highlights on August 7 evening.
Over the past five decades, the Vietnam - Angola relationship has grown steadily, marked by political trust and close bonds between their Parties, States, Governments, and peoples, said Deputy Prime Minister and Foreign Minister Bui Thanh Son.
President Luong Cuong called on the two countries to join hands to promote South – South cooperation, contribute to building a fair and equal global political and economic order, safeguard independence and sovereignty, and promote extensive and substantive international solidarity and cooperation.
President Luong Cuong called on the community to remain united, integrate well into local society, adhere to local laws, and continue contributing to both Angola’s development and Vietnam – Angola relations.
Vietnamese President Luong Cuong and Speaker of the National Assembly (NA) of Angola Carolina Cerqueira agreed to continue strengthening political trust, boost high-level delegation exchanges via all channels, including the parliamentary one, and create favourable legal conditions for bilateral cooperation.
At the Government meeting (Source: VNA)
