Hanoi (VNA) â The Vietnamese Government is ready to provide the best possible conditions for Laosâs National Economic Research Institute (NERI) to effectively cooperate with its Vietnamese partners, Deputy Prime Minister Vuong Dinh Hue has said. He made the statement while meeting with NERI Director Bouasone Bouphavanh, who is also former Prime Minister of Laos, in Hanoi on December 8. He expressed his delight at the cooperation between NERI and the Vietnam Academy of Social Sciences (VASS) in researching and consulting their respective Parties and States about economic guidelines and policies. Hue hoped they will work harder to contribute to the countriesâ relations, as in line with the spirit of the Vietnam-Laos joint statement issued on the occasion of Party General Secretary Nguyen Phu Trongâs official visit to Laos last November. NERI and VASS should increase research cooperation to consult their Governments about policies to connect the two economies, reform the structure … [Read more...] about Vietnamese Government supports cooperation with Lao institute
Vietnam recently launched an ambitious plan to transform the country from an offshore manufacturing hub for foreign companies into a major player in the global digital economy. In doing so, the government has adjusted business policies to pivot around small and medium-sized companies and encouraged the start-up boom. There is no question that one of the challenges facing start-ups is to find the capital they need to get their ideas off the ground. There have been mixed opinions about whether or not the Vietnamese government should turn itself into a venture capitalist to support early-stage start-ups. Some experts don’t think that putting the government in charge of deciding which business ideas get funding and which don’t is a good idea. The Becamex Technology Innovation Center (TIC) in Binh Duong Province, just north of the country’s commercial hub Ho Chi Minh City, was launched in 2012. The center was expected to become a startup incubation center for 2025 … [Read more...] about Should the Vietnamese government invest in start-ups?
The discharge from Ha Tinh’s Vung Ang contains toxins that killed fish and other creatures in the seabed. The violations during trial operations of Formosa steel plant is the cause for the mass fish deaths in the four central provinces of Vietnam, the government concluded. In early April, large quantities of fish washed up dead near the Vung Ang Economic Zone in Ha Tinh Province. The disaster stretched 200 kilometers along the central Vietnamese coast, as far south as Thua Thien-Hue, resulting in the death of more than 70 tons of sea fish and 35 tons of farm-raised fish. Especially hard hit were Ha Tinh, Quang Tri, Quang Binh and Thua Thien Hue provinces where thousands of fishermen lost customers or were forced to sell at a loss. In the letter of apology on Thursday, the Taiwanese Group pledged to: - Compensate local people for economic losses, help them find new jobs and subsidize clean-up activities. - Rehabilitate the marine environment in the four central provinces. - … [Read more...] about Formosa responsible for mass fish deaths: Vietnamese government
Addressing the Hong Kong-Vietnam Business and Investment Forum on September 14, Prime Minister (PM) Nguyen Xuan Phuc pledged that Vietnam will create the best possible conditions for Hong Kong businesses to invest in such areas as banking, finance, insurance, maritime transport services, infrastructure, electronic components, support industry, processing and farm produce consumption. “The Vietnamese Government considers your success our own success,” the PM stressed. He hoped that Hong Kong - a leading financial centre of the region and the world – can help with credit mobilisation for Vietnam’s development, especially investment in the local infrastructure. The Vietnamese Government leader briefed the forum on the outcomes of his meetings with Chinese leaders, saying that they reached consensus on strategic orientations to elevate the bilateral cooperation to a new level of development, focusing on economic and trade links with better quality and sustainable … [Read more...] about “Vietnamese Government considers your success our own success”: PM – News – Investment
An exhibition themed "66 years of the Vietnamese Government" opened in the central highland province of Gia Lai on August 19 to mark the 66th anniversary of the August Revolution and National Day (September 2). On display are 140 documentary photos of historic value and political significance, featuring the birth, development and operation of the Vietnamese Government through different periods of history. At the opening ceremony, delegates reviewed the glorious history of the Vietnamese Government and praised its efforts to effectively perform key strategic tasks to bring the country out of the economic crisis and go ahead with its renewal process. A war veteran in Pleiku city, Nguyen Huu Khue highlighted the significance of the exhibition, saying that it glorifies the traditional history of the nation to make young generations better aware of their duties and responsibilities in the cause of construction and defense. … [Read more...] about Exhibition on 66 years of Vietnamese Government