Politics

☀️ Morning digest June 20

The following is a list of selected news summaries last weekend by the Vietnam News Agency.
☀️ Morning digest June 20 ảnh 1
Hanoi (VNA) - The following is a list of selected news summarieslast weekend by the Vietnam News Agency.

- The 15th National Assembly (NA) on June 19 adopted a resolution approvingState budget settlement in 2021, during its ongoing fifth plenary session. Inthe resolution, the total state budget revenue was nearly 2.388 quadrillion VND(101 billion USD), while the total state budget spending was more than 2.484quadrillion VND, resulting in an overspending of 214 trillion VND, equal to2.52% of the country’s gross domestic product (GDP). Read full story

- President Vo Van Thuong has expressed his belief that the ongoing visit toVietnam by Chief Justice of Russia Lebedev Vyacheslav Mikhailovich will furtherdeepen Vietnam-Russia comprehensive strategic partnership.

During his reception in Hanoi on June 19 for Mikhailovich, President Thuongthanked the guest for conveying Russian President Vladimir Putin’s letter tohim. He said he concurs with the points raised by Putin in the letter,particularly in regards to further enhancing the long-standing traditionalfriendship between the two countries across all areas, especially amidcomplicated developments in the region and the world at present. Read full story

- Vietnam treasures and wishes to boost its relationship with the EuropeanUnion (EU) - a leading important partner in Vietnam's foreign policy, NationalAssembly Chairman Vuong Dinh said during his reception in Hanoi on June 19 forthe European Parliament Delegation for Relations with the Countries ofSoutheast Asia and ASEAN (DASE) led by its Chairman Daniel Caspary. Read full story

- The Vietnamese and Lao Governments’ special working committees on search,collection and repatriation of remains of Vietnamese voluntary soldiers andexperts who sacrificed in Laos during wartime convened their 28th meeting inVientiane, Laos on June 19.

The Vietnamese side was led by permanent member of the Central MilitaryCommission and Deputy Minister of National Defence Sen. Lieut. Gen Vo MinhLuong while the Lao side was headed by Deputy Minister of National Defence andChairman of the General Department of Politics under the Lao People’s Army Sen.Lieut. Gen Thongloi Silivong. Read full story

- Vietnam’s consumer price index (CPI) inflation continued to trend down forthe fourth month, declining from  2.8% in April to 2.4% in May, accordingto the Vietnam Macro Monitoring report released by the World Bank on June 19. Read full story

- The State Bank of Vietnam (SBV) has delivered cuts to its policy rate threetimes in less than three months, each time of 50 basis points, to assist thecountry’s economic growth via the credit channel.

According to a release by HSBC Vietnam, after becoming the first Asian centralbank to cut its policy rate in early April, the SBV cut again in late Maybefore making another announcement on 16 June. Effective from June 19, theSBV’s refinancing rate is at 4.5%. Read full story

- Following the Government's directions, the Ministry of Industry and Trade(MoIT) built and submitted a proposal to the Prime Minister for considerationand approval of a mechanism to encourage the development of rooftop solarpower, which is applicable to those installed in residential, commercial andcorporate buildings for self-consumption without selling electricity to otherorganisations or individuals. Read full story

- The search volume for Vietnam's tourism via Google's market trend trackingtool grew 10%-25%  between mid-March andearly June, ranking 7th in the world and indicating a strong demand recovery. Read full story

- Close to 836 billion VND (35.53 million USD) were donated and more than 1.16million needy people were aided in May – the National Humanitarian Month thisyear. The figures were 11 times and 2.08 times higher than the set targets,respectively. Read full story./.
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