The Vietnamese government is determined to successfully carry out reforms to stabilise the macro-economy and fuel economic growth, Prime Minister Nguyen Xuan Phuc said.
Prime Minister Nguyen Xuan Phuc (R) and ADB Country Director (Source: VNA)
Hanoi (VNA) – The Vietnamese government is determined to successfully car♏ry out reforms to stabilise the macro-economy and fuel economic growth, Prime Minister Nguyen Xuan Phuc assured Country Director of the Asian Development Bank (ADB) in Vietnam Eric Sidgwick during a reception in Hanoi on May 25.
The PM made it clear that the Vietnamese government supports ADB’s comprehensive strategy to 2030, that helps member states deal with poverty, development gap and climate change, as well as promote their private sectors.
Vietnam backs ADB’s continued reform of operations and personnel work, he said, adding that the Vietnamese government and the State Bank of Vietnam also value the implementation of the 2016-2020 Country Partnership Strategy between ADB and Vietnam.
He said the 50th founding anniversary of ADB and the 20 th anniversary of launching its representative office in Vietnam is a chance for both sides to review and improve their roles in the region.
Sidgwick, for his part, lauded Vietnam for stabilising its macro-economy, which he said, reflects the government’s capability.
ADB is ready to share experience with Vietnam in the time to come, particularly in infrastructure, response to climate change, enhancing competitiveness, development of the private sector and macroeconomic policy consultation, he stated.-VNA
The Asian Development Bank (ADB) will help Vietnam build 13,654 biogas plants worth over 175 billion VND (7.8 million USD) in 2016 under the Low Carbon Agricultural Support project.
The northern mountainous city of Ha Giang will become a green city once the Secondary Cities (Green Cities ) Development Project II – Ha Giang subproject is completed in the next five years.
The Vietnamese economy will remain stable in 2016 with a growth rate of 6.7 percent, followed by a modest slowing of growth to 6.5 percent in 2017, according to the Asian Development Bank (ADB).
Asia’s economy is forecast to grow 5.7 percent in 2016 and 2017, below the 5.9 percent projected in 2015 due to slow growth prospect for China and a weak recovery in major industrial economies.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
Prime Minister Nguyen Xuan Phuc (R) and ADB Country Director (Source: VNA)
