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☕ Afternoon briefing on May 25

The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 25.
☕ Afternoon briefing on May 25 ảnh 1

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 25.

- President Nguyen Xuan Phuc said at a groupdiscussion on May 25 during the third session of the 15th National Assemblythat the implementation of economic stimulus packages and public investmentshould be promoted to provide timely support for businesses and people.

☕ Afternoon briefing on May 25 ảnh 2At a group discussion of the third session of the 15th National Assembly. (Photo: VNA)

In his group's discussion, NA Chairman VuongDinh Hue said the annual growth target of 6.5-7 percent until 2025 as specifiedin the 13th National Party Congress' resolution and 8-8.5 percent set by thelegislature this year remains a big challenge. Read full story

- The Government has asked for an extension toa pilot programme designed to handle bad debt from domestic financialinstitutions during a meeting of the National Assembly on May 24.

The programme, issued under Government Decree 42 in 2017, wasset to be extended until the end of 2023. Read full story

- With its advantages and thorough preparationin terms of infrastructure, transport and human resources, after the COVID-19pandemic is put under control, the key southern economic region remains theleading destination for foreign direct investment (FDI) flows.

Localities in the region have also organised investmentpromotion workshops to popularise Vietnam’s investment environment and itsadvantages and potential. Read full story

- The Bank for Investment and Development ofVietnam (BIDV) and the Asian Development Bank (ADB) on May 25 co-organised aworkshop to announce a report on Vietnam’s financial market in 2021 and its2022 outlook.

BIDV Senior Executive Vice President Tran Phuong said it is aresult of research by a team of ADB and BIDV experts.  Read full story

- A smart factory development project waskicked off on May 24 in the northern province of Vinh Phuc.

☕ Afternoon briefing on May 25 ảnh 3At the event. (Photo: VNA)

The project, which is jointly developed by the Ministry ofIndustry and Trade (MoIT), the People’s Committee of Vinh Phuc province andSamsung Electronics Co. Ltd, aims to train 100 Vietnamese experts and provideconsultation to help 50 businesses set up smart factories in 2022 and 2023. Read full story

- The trans-Vietnam 2,744-km-long Ho ChiMinh Highway Project was planned to open in 2020 but so far only around 86percent of the work has been completed, Minister of Transport Nguyen Van Thetold National Assembly deputies on May 24.

In particular, the Government has yet to arrange investmentfor about 171km of the highway, he said. Read full story

- Molnupiravir Stella 200mg, a drug producedand registered by Stellapharm J.V.Co. Ltd., has been authorised by theDrug Administration of Vietnam (DAV) for the domestic treatment of COVID-19.

☕ Afternoon briefing on May 25 ảnh 4There are now four Molnupiravir-based drugs produced in Vietnam approved for domestic use. (Photo: suckhoedoisong.vn)

This is the fourth Molnupiravir-based drug produced inVietnam to be authorised for use in the country./. Read full story

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