Prime Minister Sebastian Kurz hosts welcome ceremony for Prime Minister Nguyen Xuan Phuc at Hofburg Imperial Palace in Vienna, Austria on October 15, 2018. Photo: VGP PM arrives in Austria for official visit At the talks following the welcome ceremony, the two Prime Ministers expressed their pleasure at the fine development of the Viet Nam-Austria relations over the past nearly five decades since the two countries established diplomatic relations. Prime Minister Sebastian Kurz spoke highly of Viet Nam’s achievements in socio-economic development and international integration and the Southeast Asian country’s rising role in the region and the world. The two leaders discussed on measures to foster bilateral cooperation across politics-diplomacy, security and defense, economy, trade, investment, culture and tourism. They agreed to further strengthen the exchange of delegations at all levels and effectively operate the existing cooperation mechanisms, … [Read more...] about PM Phuc holds talks with Austrian counterpart in Vienna
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Cambodia’s rice exports drop in first nine months of 2018
During the January – September of 2017, Cambodia shipped abroad 421,966 tonnes of milled rice.Cambodia exported 389,264 tonnes of milled rice in the first nine months of 2018, down 8.4 percent year on year (Photo: Phnom Penh Post)China remained Cambodia’s top rice export market, accounting for 24.8 percent of the Southeast Asian nation’s total rice exports. It was followed by France, Poland, the Netherlands and the United Kingdom.In the first nine months of this year, Cambodia shipped 96,714 tonnes of milled rice to China, a fall of 22 percent compared with the same period last year.According to the Cambodian Agriculture Ministry, Cambodia produced 10.5 million tonnes of paddy rice in 2017, up 5.7 percent from the previous year./. CPV/VNA … [Read more...] about Cambodia’s rice exports drop in first nine months of 2018
GDP likely exceeds 6.7% in 2018
Illustration photo Minister Dung presented a mid-term report on socio-economic development plan in the 2016-2020 period on October 15 at the 28th session of the National Assembly Standing Committee. According to the report, major balances of the economy were ensured, contributing to safeguarding the macro-economy and generating resources for its growth. State budget collection valued at VND1.35 quadrillion, surpassing the forecast by 3% and seeing a year-on-year growth of 5.5%. State budget overspending reached 3.67%. Total social investment was estimated at VND1.89 quadrillion, accounting for 34% of GDP. The MoPI forecast that GDP would exceed 6.7% in 2018 while the growth modal is transforming towards “deep” development. The fight against corruption, wastefulness, and settlement of accusations and complaints were promoted. In 2019, GDP would increase around 6.6-6.8%. Total export turnover would grow by 7-8%. Poverty … [Read more...] about GDP likely exceeds 6.7% in 2018
NASC convenes 28th session
The 28th session of the National Assembly Standing Committee, Ha Noi, October 15, 2018 - Photo: VGP/Nguyen Hoang During the three-day session, the NASC will comment on the implementation of socio-economic goals and State budget for 2018, the socio-economic development plan and State budget forecast for 2019; mid-term outcomes (2016-2020) on socio-economic development, economic restructuring, national targeted programs, medium-term public investment programs, national financial program, three-year implementation of socio-economic development policies for minority groups; remaining funds of State budget in 2017 and adjustments to Government bonds in 2018. It will collect feedback and comments of voters to the sixth National Assembly’s meeting; It will give opinions on the submission of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and relevant documents to the NA. The NASC will assess the implementation of the … [Read more...] about NASC convenes 28th session
PM arrives in Austria for official visit
PM Nguyen Xuan Phuc and his spouse arrive in Vienna international airport He was accompanied by his spouse, and the Vietnamese high-ranking delegation. The PM was greeted by a representative of the Austrian PM Office and Vietnamese Ambassador to Austria Le Dung. PM Phuc met with officials and the staff of the Vietnamese Embassy and the Vietnamese overseas community in Austria. As scheduled, the PM will attend an official welcome ceremony and hold talks with Austrian PM Sebastian Kurz, witness the signing of cooperative documents, and attend a press conference. PM Phuc will meet with the President of the Parliament of Austria, the Austrian President; attend the Viet Nam-Austria Business Forum; and visit some research and education sites in Austria. The official visit is the first leg of PM’s Phuc tour of Europe, during which he attends the 12th ASEM Summit, and the Partnering for Green Growth and Global Goals 2030 initiative (P4G), and makes … [Read more...] about PM arrives in Austria for official visit