Hanoi, (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency.
– Vietnam always attaches importance to andwishes to strengthen multifaceted cooperation with Hungary – its firstcomprehensive partner among traditional friends in Central Eastern Europe,affirmed President Nguyen Xuan Phuc at his reception for outgoing HungarianAmbassador Ory Csaba in Hanoi on July 28.
– Vietnam always attaches importance to andwishes to strengthen multifaceted cooperation with Hungary – its firstcomprehensive partner among traditional friends in Central Eastern Europe,affirmed President Nguyen Xuan Phuc at his reception for outgoing HungarianAmbassador Ory Csaba in Hanoi on July 28.
Lauding the diplomat’sexcellent tenure and positive contributions to the bilateral ties, thePresident said the Vietnamese State’s friendship order bestowed upon him was toacknowledge such distinct services.Read full story
– Prime Minister Pham Minh Chinh chaired ameeting attended by ministries and sectors on July 28 to discuss short- andlong-term measures for keeping inflation under control, stabilising themacro-economy, and promoting socio-economic recovery and development.
Themeeting took place after the US Federal Reserve (FED) raised interest rates by0.75 percentage points on July 27, while central banks in many countries havealso repeatedly hiked interest rates in response to soaring inflation.Read full story
– Deputy Prime Minister Le Minh Khai hasordered the acceleration of the disbursement of financial packages serving thesocio-economic recovery programme, particularly rent subsidy for workers aswell as support in terms of interest rate for firms and cooperatives.
Atthe first meeting of the Steering Committee for the implementation of thesocio-economic recovery programme, Khai, who heads the committee, said only 19days after the approval of the National Assembly’s Resolution 43 on fiscal andmonetary policies supporting socio-economic recovery and development programme,the Government issued Resolution 11 on the programme. Read full story
– The numbers of enterprises and employeesworking in the non-state and FDI sectors increased rapidly, but reducedmarkedly in the state-owned sector during 2016-2020, according to the GeneralStatistics Office of Vietnam (GSO)’s freshly released 2021 economic census. The non-state sector had 660,100 businesses in 2020, accounting for 96.4% ofVietnam’s total, up 35.1% from 2016. The sector attracted 8.6 million workers,or 58.6% of the country’s workforce, increasing by 0.4% compared to 2016. Read full story
- Vietnam is a very affordable place to retire,especially for adventurous retirees who appreciate the country's beaches,scenery, food, history, and culture, said a recent article on the website of USbased Travel Leisure magazine. The author assessed that overall costof living in Vietnam is about 49% lower than in the US, and rents are about 75%lower, depending on the location. Read full story
– Vietnam must move forward unless it wants tobe saddled with the status of the “world’s factory”, heard a conference in HoChi Minh City on July 28. The National Science Conference on Policies onIndustrialisation and Modernisation of the Nation by 2030, with a Vision to2045 was co-held by the Party Central Committee’s Economic Commission, HCM CityParty Committee and the Vietnam National University HCM City (VNU-HCM). Read full story
– Vietnam is forecast to be among thefastest-growing economies towards 2030, according to researchers at the GrowthLab at Harvard University who presented new growth projections in The Atlas ofEconomic Complexity.
Specifically, the research finds that countriesthat have diversified their production into more complex sectors, like Vietnamand China, are those who will experience the fastest growth in the comingdecade. Read full story
- VTB Bank, a Russian majority state-owned bankservicing the country’s foreign trade operations, launched money transfers toVietnam in Vietnamese dong from July 27. The new service allowscustomers to send money abroad using bank details during the day. The serviceis available to individuals and legal entities, according to the bank's message. Read full story/.
– Prime Minister Pham Minh Chinh chaired ameeting attended by ministries and sectors on July 28 to discuss short- andlong-term measures for keeping inflation under control, stabilising themacro-economy, and promoting socio-economic recovery and development.
Themeeting took place after the US Federal Reserve (FED) raised interest rates by0.75 percentage points on July 27, while central banks in many countries havealso repeatedly hiked interest rates in response to soaring inflation.Read full story
– Deputy Prime Minister Le Minh Khai hasordered the acceleration of the disbursement of financial packages serving thesocio-economic recovery programme, particularly rent subsidy for workers aswell as support in terms of interest rate for firms and cooperatives.
Atthe first meeting of the Steering Committee for the implementation of thesocio-economic recovery programme, Khai, who heads the committee, said only 19days after the approval of the National Assembly’s Resolution 43 on fiscal andmonetary policies supporting socio-economic recovery and development programme,the Government issued Resolution 11 on the programme. Read full story
– The numbers of enterprises and employeesworking in the non-state and FDI sectors increased rapidly, but reducedmarkedly in the state-owned sector during 2016-2020, according to the GeneralStatistics Office of Vietnam (GSO)’s freshly released 2021 economic census. The non-state sector had 660,100 businesses in 2020, accounting for 96.4% ofVietnam’s total, up 35.1% from 2016. The sector attracted 8.6 million workers,or 58.6% of the country’s workforce, increasing by 0.4% compared to 2016. Read full story
- Vietnam is a very affordable place to retire,especially for adventurous retirees who appreciate the country's beaches,scenery, food, history, and culture, said a recent article on the website of USbased Travel Leisure magazine. The author assessed that overall costof living in Vietnam is about 49% lower than in the US, and rents are about 75%lower, depending on the location. Read full story
– Vietnam must move forward unless it wants tobe saddled with the status of the “world’s factory”, heard a conference in HoChi Minh City on July 28. The National Science Conference on Policies onIndustrialisation and Modernisation of the Nation by 2030, with a Vision to2045 was co-held by the Party Central Committee’s Economic Commission, HCM CityParty Committee and the Vietnam National University HCM City (VNU-HCM). Read full story
– Vietnam is forecast to be among thefastest-growing economies towards 2030, according to researchers at the GrowthLab at Harvard University who presented new growth projections in The Atlas ofEconomic Complexity.
Specifically, the research finds that countriesthat have diversified their production into more complex sectors, like Vietnamand China, are those who will experience the fastest growth in the comingdecade. Read full story
- VTB Bank, a Russian majority state-owned bankservicing the country’s foreign trade operations, launched money transfers toVietnam in Vietnamese dong from July 27. The new service allowscustomers to send money abroad using bank details during the day. The serviceis available to individuals and legal entities, according to the bank's message. Read full story/.
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