PM asks for more market development efforts

Prime Minister Nguyen Tan Dung has asked for more efforts to develop both domestic and foreign markets, boost exports and effectively control imports.
Prime Minister Nguyen Tan Dung has asked for more efforts to developboth domestic and foreign markets, boost exports and effectively controlimports.

The PM made the request on December 24while chairing the teleconference between the Government and localitieswhich was started on December 23 and saw participants focus theirdiscussions on the Government’s draft resolution on its guidelines andmanagement of the implementation of the 2014 socio-economic developmentplan and budget estimates.

He urged ministries,industries and localities to make full use of opportunities created byinternational commitments, and to stay active and positive innegotiations for free trade agreements, especially the Trans-PacificPartnership and those with the EU, the Republic of Korea and theCustoms Union of Russia, Belarus and Kazakhstan .

Looking back on the 2013 socio-economic development, PM Dung notedthat despite many difficulties and challenges, the country hasmaintained the macro-economic stability, reduced the inflation rate andrecorded a higher growth compared with 2012.

Theforex and gold market has been stabilised, with foreign reservesincreasing robustly, he said, adding political security and social orderand safety have been maintained while national sovereignty ensured.

However, he also pointed out a number of shortcomings that need to beaddressed, saying that GDP growth falls short of plan, business andproduction face difficulties, the settlement of bad debts remains slowand economic restructuring moves at a snail’s pace.

The government leader also requested breakthroughs in restructuring theeconomy, renovating the growth model and improving the efficiency andcompetitiveness of the economy.

He asked ministries, industries and localities to drastically reform public investment and reshuffle the banking system.

In addition, he said, it is necessary to speed up agriculturalrestructuring in combination with building new-style rural areas,providing training and generating more jobs for rural labourers.

PM Dung also called for the tightened management of the licensing andexploitation of minerals and better environmental protection.

He ordered ministries, industries and localities to effectivelycontrol market prices, ensure goods supply and maintain social order,security and safety in the upcoming New Year and Lunar New Year.

Leaders of ministries and localities gave their opinions on keymeasures to reach socio-economic development goals for 2014, including a5.8 percent GDP growth, a 10 percent rise in exports with a tradedeficit of 6 percent of the export revenue, and a consumer price indexof 7 percent.

In 2014, the Governmentwill spend about 30 percent of the total GDP on social development,reducing the ratio of poor households by 1.7 - 2 percent and 4 percentin poor districts, and generating about 1.6 million jobs, the draftresolution said.-VNA

See more

Minister of Foreign Affairs Le Hoai Trung (R) and outgoing Mongolian Ambassador Jigjee Sereejav. (Photo: VNA)

Foreign Minister hosts outgoing Mongolian Ambassador

Affirming Vietnam’s high regard for Mongolia and their longstanding friendship, Minister of Foreign Affairs Le Hoai Trung called for closer coordination to further develop the Comprehensive Partnership.

Deputy Minister of Foreign Affairs Le Thi Thu Hang (R) meets with Irish Ambassador to Vietnam Deirdre Ní Fhallúin in Hanoi on April 21. (Photo: baoquocte.vn)

Vietnam, Ireland seek ways to step up bilateral cooperation

Hang proposed the two sides further strengthen political trust, increase high-level and all-level exchanges, and organise youth, student and cultural activities to mark the upcoming anniversary. The Deputy Minister also called on Ireland to soon ratify the EU–Vietnam Investment Protection Agreement (EVIPA), which would create fresh momentum for economic cooperation.

Vietnamese Ambassador to the Czech Republic Duong Hoai Nam speaks at the event. (Photo: VNA)

Foreign policy drives Vietnam’s development momentum in new era: Diplomat

The ambassador highlighted that after four decades of Doi Moi, Vietnam now ranks among the world’s 35 fastest-growing economies. The country has signed and implemented 17 free trade agreements, positioning itself as an important economic hub in the Asia-Pacific, while attracting 38.42 billion USD in registered foreign direct investment.

President of the Republic of Korea (RoK) Lee Jae Myung and his spouse arrive in Hanoi on April 21 afternoon. (Photo: VNA)

Korean President arrives in Hanoi, beginning state visit to Vietnam

The visit is expected to become a special milestone in the 34-year history of diplomatic relations between the two countries, marking the starting point for a strategic leap forward in the bilateral ties amid evolving global dynamics, according to Korean Ambassador to Vietnam Choi Young Sam.

Vietnamese Ambassador to Thailand Pham Viet Hung (middle) at the discussion. (Photo: VNA)

Vietnam pushes people-centred priorities for Asia-Pacific at UNESCAP

Vietnam remains firmly committed to multilateralism and the United Nations’ central role in global governance. It appreciates UNESCAP’s role in translating global commitments into concrete regional action and cooperation, sharing best practices, supporting evidence-based policymaking and tackling emerging challenges.

Vietnamese Ambassador to New Zealand Phan Minh Giang (L), who is concurrently in charge of Samoa, presents his credentials to Head of the Independent State of Samoa Tuimalealiifano Va’aletoa Sualauvi II in Apia on April 21. (Photo: VNA)

Vietnam seeks to deepen ties with South Pacific partners

The diplomat voiced his confidence that with joint efforts, bilateral relations will continue to grow, particularly in areas of shared interest and strength. He also underscored the importance of enhancing coordination and mutual support at regional and international multilateral forums.

Party General Secretary and State President To Lam, and leaders of Ha Tinh province. (Photo: VNA)

Ha Tinh must leverage advantages, ignite growth aspiration: Top leader

During a local working session with the standing board of the provincial Party Committee on April 21, Party General Secretary and State President To Lam urged Ha Tinh to fully recognise both the responsibility and honour of a land rich in tradition, thereby fueling an even stronger development drive.

A high-ranking military delegation from the Vietnamese Ministry of National Defence visits an exhibition booth (Photo: Ministry of National Defence)

Vietnam attends defence services, security exhibitions in Malaysia

This year’s exhibitions feature 15 thematic categories, highlighting modern military products such as aircraft, warships, armoured vehicles, man-portable low-range missile systems, anti-aircraft gun systems, laser weapons, as well as various types of ammunition, military uniforms, and logistics equipment serving defence purposes.

A view of the 16th National Assembly's first session (Photo: VNA)

16th NA reviews amendments to four tax-related laws on April 21

Lawmakers are expected to discuss the supplementary assessment of the implementation of the 2025 socio-economic development plan and state budget, as well as performance in the early months of 2026. They will also review the five-year socio-economic development plan for 2026–2030, thrift practices and anti-wastefulness efforts in 2025, and progress in achieving national gender equality targets. The session is broadcast live on radio and television, enabling voters and the public to follow proceedings.