Building green one un house

Prime Minister Phạm Minh Chính took the oath of office on Monday at the National Assembly Building in Hà Nội. — VNA/VNS Photo Doãn Tấn HÀ NỘI — Phạm Minh Chính, 63, was re-elected as the Prime Minister of Việt Nam for the next five years by the ongoing first session of the 15th-tenure National Assembly Monday afternoon in Hà Nội. All 479 deputies present the plenary session (95.99 per cent of this tenure's total) cast their votes in favour of adopting the resolution on Chính's re-election for the 2021-26 term. “Under the nation’s sacred red flag and yellow star, in front of the National Assembly and people across the country, I, Prime Minister of the Socialist Republic of Việt Nam, swear to be absolutely faithful to the country, to the people, to the Constitution, and strive to fulfil the mission assigned by the Party, State and people," Chính read. National Assembly Chairman Vương Đình Huệ on behalf of the country's parliament acknowledged the oath and offered his … [Read more...] about Phạm Minh Chính confirmed as PM: pledges reforms, balanced development

Prime Minister Pham Minh Chinh speaks at the event (Photo: VNA) Hanoi (VNA) – Legislators to the 15th National Assembly on July 26 elected Pham Minh Chinh as Prime Minister of Vietnam for the 2021-2026 tenure. Chinh took oath the same day, swearing absolute loyalty to the fatherland, people and the Constitution of Vietnam, and pledging to work hard to complete all missions assigned by the Party, State and people. In his speech at the swearing-in ceremony , Chinh said that the Government in the new tenure will continue the efforts to build a Government of solidarity, integrity and discipline; streamlining, efficiency and effectiveness; and dynamism and innovation with active and proactive actions to implement the Resolution released at the 13th National Party Congress and NA resolutions. Amid the complicated developments of COVID-19 pandemic, the highest goal of the country is to protect people’s health, safety and security, he said, calling for the solidarity of the … [Read more...] about Prime Minister Pham Minh Chinh swears in at National Assembly

Expectations to transform business households into companies have been unsuccessful as most households did not want to officially become companies. The goal to have 1 million businesses by the end of 2020, thus, was not met. The Government’s Resolution 35/NQ-CP dated May 16, 2016 set a target to have 1 million businesses by 2020, including large-scale ones with strong resources. In 2015, nearly 443,000 enterprises were in the country. In order to achieve the target, the average number of newly established enterprises each year had to increase by 17.7%, which was an ambitious goal. At that time, there were about 3.5 million business households, including many households with enterprise scale. The authorities hoped that these households would be a great source for forming the local business force. However, the results were not as expected because most household business establishments did not want to become companies. Hanoi is a typical example. In 2019, 27,000 new … [Read more...] about Vietnam’s goal of having 1 million enterprises still far away

Construction site in Ninh Bình of the North-South expressway. VNS/VNA Photo HÀ NỘI — Although local iron and steel prices have dropped, they are still at high rates, up 1.7 times compared to the end of 2020, causing investors and construction contractors to suffer. On the international market, the price of steel rebar for October delivery on the Shanghai Future Exchange was traded at 5,687 yuan (US$877) per tonne on Monday, down nearly 5.64 per cent from the peak set in mid-May but surged 30.8 per cent since the beginning of the year. As the global prices are higher, local steel producers can only raise their product prices, said Mai Minh Ngọc, director of Đông Hải Steel Company. Nguyễn Công Chinh, an iron and steel dealer on Giải Phóng Street, Hà Nội, told Tiền Phong that his business has never been as difficult as this year. Every two-three days, steel prices rise and even climb twice a day. "Sometimes, wholesale distributors informed me that the prices were up right … [Read more...] about Vietnamese investors and contractors struggle due to higher steel price

Construction site in Ninh Binh of the North-South expressway. (Photo: VNA) Hanoi (VNS/VNA) - Although local iron and steel prices have dropped, they are still at high rates, up 1.7 times compared to the end of 2020, causing investors and construction contractors to suffer. On the international market, the price of steel rebar for October delivery on the Shanghai Future Exchange was traded at 5,687 yuan (877 USD) per tonne on Monday, down nearly 5.64 percent from the peak set in mid-May but surged 30.8 percent since the beginning of the year. As the global prices are higher, local steel producers can only raise their product prices, said Mai Minh Ngoc, director of Dong Hai Steel Company. Nguyen Cong Chinh, an iron and steel dealer on Giai Phong street, Hanoi, told Tien Phong that his business has never been as difficult as this year. Every two-three days, steel prices rise and even climb twice a day. "Sometimes, wholesale distributors informed me that the prices were up … [Read more...] about Vietnamese investors, contractors struggle due to higher steel price