The Communist Party is aiming for Vietnam to reach GDP per capita of $5,000 by 2025 and to be a developed country by 2045. Party delegates voted to adopt the Resolution of the 13th National Party Congress at the final session of the Congress held on February 1, 2021. The goals are part of the Resolution of the 13th National Party Congress held from January 25 to February 1, the entirety of which has just been released by the Office of the Party Central Committee. The Resolution noted the highlight of the 12th tenure was the successful handling of the COVID-19 pandemic resulting in significant economic achievements – including stable macroeconomics, controlled inflation and high GDP growth, while people’s living standards were improved. The fight against corruption, loss and waste was intensified, while the socio-political situation remained stable, foreign relations deepened and Vietnam’s profile on the international stage grew. However, numerous shortcomings – including … [Read more...] about Vietnam aims for GDP per capita of $5,000 by 2025, developed country status by 2045: 13th Party Congress’s Resolution
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World leaders offer congratulations to Party General Secretary Nguyen Phu Trong’s re-election
Leaders of many countries have extended their congratulations to Party General Secretary and State President Nguyen Phu Trong over his re-election as General Secretary of the Central Committee of the Communist Party of Vietnam in the 13th tenure. Party General Secretary and State President Nguyen Phu Trong during the press conference held after the conclusion of the 13th National Party Congress in Hanoi on February 1, 2021 Leaders of many countries, including the US, Russia, France, South Korea, and ASEAN countries, have extended their congratulations to Party General Secretary and State President Nguyen Phu Trong over his re-election as General Secretary of the Central Committee of the Communist Party of Vietnam in the 13th tenure. Russian President Vladimir Putin's message says Russia values the personal contribution of the Vietnamese Party leader to strengthening the comprehensive strategic partnership between the two countries. It expresses his belief that with joint … [Read more...] about World leaders offer congratulations to Party General Secretary Nguyen Phu Trong’s re-election
VIETNAM BUSINESS NEWS MARCH 1
Vietnam Rubber Group to raise natural rubber output under its own brand A worker collects latex from a rubber tree (Illustrative photo: VNA) The rate is expected to hit 92 percent by 2022. The VRG has built a set of standards and introduced VRG-branded rubber products since 2018, bolstering consumption of its products along with Vietnam’s rubber brand in the international market. VRG-branded products reached 255,407 tonnes last year, accounting for 68 percent of the group's total output, from just 20,790 tonnes recorded in 2018. The VRG reported 21.17 trillion VND in revenue and 5.23 trillion VND in post-tax profit in 2020, year-on-year increases of 6.9 percent and 36.4 percent, respectively./. CPI in February highest in 8 years Vietnam’s consumer price index (CPI) in February was up 1.52 percent over the previous month and 0.7 percent year on year, according to the General Statistics Office (GSO). This is the highest February CPI growth recorded in the … [Read more...] about VIETNAM BUSINESS NEWS MARCH 1
Ede ethnic’s ritual ceremony to be performed in Hanoi
The Hanoitimes - The ritual is taking place under the exhibition which will last until November 23. The Water God worshiping ceremony of the Ede people, part of the exhibition entitled "Travel Through Vietnamese Heritage Regions 2020," is being held at the Vietnam Culture and Arts Exhibition Center, Hanoi. The ceremony will be performed by the Ede ethnic people from Buon Dung village. Photo: Khanh Hoa newspaper The ritual ceremony is usually organized by Ede ethnic minority in Ninh Tay commune, Khanh Hoa province in January, aiming at giving thanks to the Water God for bringing luck, good weather, bumper crops and good health to the villagers. The ceremony will be performed by the Ede ethnic people from Buon Dung village so as to introduce this cultural heritage more vividly. Although it is only presented in the theatrical form and summarized in approximately 60 minutes, the Water God worship ceremony of the Ede ethnic group in Hanoi encompasses the full … [Read more...] about Ede ethnic’s ritual ceremony to be performed in Hanoi
Vietnam – UK trade cooperation is a win-win relationship
The Hanoitimes - While the UK continues to be a potential market for Vietnam’s key export staples, the latter could be a springboard for British companies to reach a broader market in Southeast Asia. As the UK and Vietnam markets are highly complementary, trade relations between the two countries would ensure a win-win scenario for all parties involved, according to Vice Minister of Industry and Trade Hoang Quoc Vuong. Overview of the conference. Source: MoIT. As of one the world’s hubs of economy, politics, culture and science, the UK remains Vietnam’s priority economic partner, stated Mr. Vuong at a conference discussing opportunities for British and Vietnamese businesses on October 6. While the UK continues to be a potential market for Vietnam’s key export staples, including agricultural products, footwear, textile, phones and wood, among others, the latter could be a gateway for British companies to access a broader market in ASEAN, added Mr. Vuong. … [Read more...] about Vietnam – UK trade cooperation is a win-win relationship