Prime Minister highlights strategic role of Da Nang port

Prime Minister Nguyen Xuan Phuc toured Da Nang port – the most modern and important deepwater port in the central region, in Da Nang city on December 31.
Prime Minister highlights strategic role of Da Nang port ảnh 1Prime Minister Nguyen Xuan Phuc meets staff of Da Nang port (Source: VNA)
Hanoi(VNA) – Prime Minister Nguyen Xuan Phuc toured Da Nang port – the most modernand important deepwater port in the central region, in Da Nang city on December31.

The PMunderlined the special strategic role of Da Nang port in national defence andsecurity, and urged the port to continue to improve capacity for both cargo andpassenger handling, thus helping promote Da Nang city as a hub for sea-based tourism.

He also gave nodto Vietnam National Shipping Lines (Vinalines) and Da Nang port company’sproposal to build a logistics centre in Lien Chieu port.

The leaderadvised taking advantage of natural landscapes around Tien Sa port to developit into a cruising centre, making it easier for travellers to tour localitiesin the central region.

Located withinDa Nang Bay and shielded by Hai Van mountain and Son Tra peninsula, Da Nangport is capable of receiving vessels of up to 50,000 DWT.

It is a gatewayto the east-west economic corridor and is connected with an extensive roadnetwork as well as aviation and railway routes.

Currently, theport serves container, cruising and high-capacity vessels and also providesthem with logistics services. It handled 7.25 million tonnes of goods in 2016,up 13 percent from 2015.

Up to 70 cruiseliners anchored at the port last year, up 23 percent year-on-year.

Da Nang Portlooks to become a green port by 2020 with plans to upgrading infrastructure ata total cost of 2.2 trillion VND (95.6 million USD).

On the occasionof his working visit to Da Nang City, PM Nguyen Xuan Phuc also visited theMaritime Search and Rescue Coordination Centre Zone 2, which operates in thewaters of the central region and Vietnam’s Hoang Sa, Truong Sa archipelagoes.

Each year, thecentre successfully saves 1,000 people, according to its managers.

In his speech,the PM lauded the centre for fulfilling assigned tasks, thereby contributingsafeguarding the country’s sea and island sovereignty.

He requested theprovincial authorities arrange convenient location for the centre to conducttraining./.
VNA

See more

Prime Minister Pham Minh Chinh speaks at the dialogue with the US business community in Hanoi on May 13. (Photo: VNA)

US businesses affirm long-term commitment to Vietnam

During the meeting, US delegates expressed appreciation for the Vietnamese Government’s goodwill and for its efforts to maintain a favourable investment climate. They proposed Vietnam continue enhancing its business environment by addressing bottlenecks in administrative procedures, non-tariff barriers, taxation, and fees, while ensuring infrastructure conditions, transparency, and rules of origin

Consumers at a supermarket in HCM City (Photo: baodautu.vn)

Vietnam, US push for balanced trade

Imports from the US are predicted to rise sharply in the coming months as large Vietnamese enterprises are accelerating purchases from the North American market in efforts to balance bilateral trade.

The reduction of bank staff will continue to be strong in 2025, as banks are promoting digital transformation and restructuring operations to improve cost management efficiency. (Photo: vnbusiness.vn)

Banks cut staff, transaction branches amid digital promotion

VietinBank will be the first bank in the country’s group of four largest State-owned commercial banks (Big4) to cut the number of its transaction offices. According to a plan released at VietinBank’s annual general meeting of shareholders (AGM) recently, the bank is expected to cut hundreds of transaction points to streamline the system in 2025.

The Binh Duong Centralised IT Zone is located within the Binh Duong Industrial – Service – Urban Complex. (Photo baobinhduong.vn)

Binh Duong develops new 16-hectare centralised IT zone

The establishment of a new centralised information technology (IT) zone in Binh Duong Province marks a significant step in the locality’s digital transformation strategy and its ambition to build a knowledge-based economy.

Workers manufacture electronic components. (Photo: VNA)

PM orders overhaul to improve business environment

The dispatch further highlights the need for comprehensive measures to enhance governance capacity, accelerate socio-economic progress, and improve the investment and business landscape with a clear emphasis on sustainable development and environmental stewardship.

Prime Minister Pham Minh Chinh (centre) and other delegates attend the groundbreaking ceremony for the Ninh Binh–Hai Phong Expressway Project’s section passing through Nam Dinh and Thai Binh provinces. (Photo: VNA)

Transport, industrial development essential for Thai Binh to be wealthier: PM

​The groundbreaking ceremonies of the Ninh Binh–Hai Phong Expressway Project’s section and the Hung Phu Industrial Park in Thai Binh affirm the government’s determination to create an attractive investment and business environment for both domestic and foreign investors; foster provincial and regional connectivity, generate momentum and open new development space for Thai Binh and the northern coastal region.

Representatives from Vietnam Airlines and Russia’s state-owned VTB Bank exchange the MOU on cooperation. (Photo: nhandan.vn)

Vietnam Airlines signs MoU on cooperation with Russia's VTB Bank

The MoU also demonstrates Vietnam Airlines' efforts to expand its partnership in the international market, while affirming its pioneering role in connecting Vietnam with the world, contributing to the sustainable development of Vietnam-Russia relations in the new period.

An auto assembly line at Kim Long Motor Hue in the Chân May - Lang Co Economic Zone in the central city of Hue. (Photo: VNA)

Vietnam eyes 8% growth in 2025 through strategic reforms

With decisive policy actions, proactive diplomacy and strategic reform priorities, the country is now aiming for an ambitious GDP growth target of 8% or more this year - a goal lawmakers and experts believe is within reach, provided key breakthroughs are implemented effectively.

Hanoi applies a model providing support in business establishment. (Photo: hanoimoi.vn)

Hanoi targets 30,000 new enterprises in 2025

By the end of 2024, the number of registered enterprises in the capital city reached over 400,000, with about 220,000 operating. Notably, more than 98% of the operating firms are SMEs which create jobs for 55.1% of the local workforce and contribute over 40% of the city’s gross domestic product (GDP).

Delegates press the button to activate TH Group's milk processing plant in Borovsk district in Kaluga oblast of Russia on May 11. (Photo: VNA)

TH Group inaugurates large-scale dairy processing plant in Russia

The plant has a total capacity of 1,000 tonnes per day, with the first phase producing 500 tonnes daily. All milk used at the plant is sourced from TH’s high-tech farms in the Moscow and Kaluga oblasts. TH milk boasts a high nutritional profile, with a fat content of 4.0% and protein at 3.2% — among the highest quality levels in Russia.