PM lauds Binh Phuoc’s efforts to foster economic growth
Prime Minister Nguyen Xuan Phuc on August 20 hailed Binh Phuoc province’s efforts to seek new markets as a crucial step towards expanding production and fostering growth, affirming this way would help attract potential investors.
Binh Phuoc (VNA) – Prime Minister Nguyen Xuan Phuc on August 20 hailedBinh Phuoc province’s efforts to seek new markets as a crucial step towardsexpanding production and fostering growth, affirming this way would helpattract potential investors.
Speaking at a working sessionwith provincial leaders within the framework of his visit to the southern province,PM Phuc noted that Binh Phuoc’s Provincial Competitiveness Index (PCI) remainslow, ranking 62nd out of the country’s 63 provinces and cities in 2017.
The government leader asked theprovince to exert more efforts to improve its index ranking and businessenvironment.
Its high poverty rate is also aproblem that needs to be addressed, he added, stressing the need to payattention to building trademarks for local agricultural products.
The PM urged the province tofocus on preventing all kinds of crimes to ensure a peaceful life for localpeople and to serve economic development. He emphasised that by building a peacefulborderline, favourable conditions would be created for trade activities andeconomic cooperation.
PM Phuc expressed his hope thatBinh Phuoc will concentrate further on developing the private economic sector,attracting more investment in agriculture, and protecting forests.
He also requested ministries towork with the province and provide support during its socio-economicdevelopment process.
With a low starting point as apoor province after its re-establishment in 1997, Binh Phuoc has made constantefforts to develop and become one of the eight key localities in the southerneconomic zone.
The province’s gross regionaldomestic product (GRDP) reached 6.64 percent in the first half of 2018, whileState budget collection was valued at 4.9 trillion VND (215.8 million USD) inthe first seven months of the year.-VNA
Prime Minister Nguyen Xuan Phuc has commended Army Corps 16 under the Ministry of Defence on its role in local socio-economic development and defence-security maintenance during his visit to the military corps in the southeast province of Binh Phuoc on August 20.
Prime Minister Nguyen Xuan Phuc urged the southern province of Binh Phuoc to continue improving business climate and removing bottlenecks for investors, while attending an investment promotion conference in the locality on August 20.
Nineteen projects with total capital of 1 billion USD received investment licenses at an investment promotion conference of southern Binh Phuoc province on August 20.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
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.
Prime Minister Nguyen Xuan Phuc (C) (Source: VNA) 
