The PM affirmed the Vietnamese Government’s commitment to maintaining stable inflation and exchange rates, flexible use of fiscal and monetary instruments to support the economy; continuing to improve the quality of legal institutions and administrative governance to maintain a fast-growing and sustainable economy. … [Read more...] about PM welcomes Australian firms to Vietnam
Welcoming new year messages
VIETNAM NEWS JANUARY 19
However, Hoang, former Deputy Minister Ho Thi Kim Thoa, and Dung directed subordinates at the ministry and Sabeco to carry out procedures for using land use rights and Sabeco's money as capital contributions to set up Sabeco Pearl, a joint venture between the firm and a number of private enterprises, to implement a project building a hotel, a trade and convention centre, and office space for lease on the land. … [Read more...] about VIETNAM NEWS JANUARY 19
VBSP registers upbeat first-half performance
Particularly, as of June 30, 2020, total policy credit volume touched VND226.560 trillion ($9.85 billion), an excess of VND14.666 trillion ($637.65 million) compared to the end of 2019, of which authorised capital from the local budget sent to VBSP amounted to VND19.505 trillion ($848 million), up VND4.071 trillion ($177 million). Some eminent localities having sent big authorised capital to VBSP are Hanoi with VND1.087 trillion ($47.2 million), Ho Chi Minh City with VND816 billion ($35.4 million), Danang with VND194 billion ($8.4 million), Binh Duong with VND186 billion ($8.08 million), Ba Ria-Vung Tau with VND174 billion ($7.5 million), and Vinh Phuc with VND66 billion ($2.8 million), just to name a few. … [Read more...] about VBSP registers upbeat first-half performance
Over 9,000 Mitsubishi cars recalled over fuel pump fault
Hanoi (VNA) – The Mitsubishi Motors Vietnam Co. Ltd (MMV) on January 18 began recalling 9,066 units of Xpander and Outlander models to replace fuel pumps. The recall covers 3,696 Mitsubishi Xpanders manufactured from August 21, 2019 to September 20, 2019, and 5,370 Mitsubishi Outlanders assembled between January 15, 2018 and July 21, 2019. The carmaker said the fuel pump inside the gas tank may stop working, leading to inability to start the engine or shut-down of the engine. It cited an investigation of Mitsubishi Motors Japan as finding that the inflated impeller inside of the pump might have caused it to touch the surrounding parts of the pump body and stop the pump from spinning, which can result in the engine inability to start or the engine stalling. For fuel pumps, the impellers are made of low molecular density plastic, so it is easily swollen under normal operating conditions. MMV will conduct a replacement campaign with the new improved fuel pumps for … [Read more...] about Over 9,000 Mitsubishi cars recalled over fuel pump fault
Diplomatic corps, int’l organisations informed on 13th National Party Congress
He said that after 35 years of the “Doi moi” (Renewal) process, Vietnam has obtained various major and historic achievements in constructing and safeguarding the socialist Vietnamese Fatherland. Draft documents to be submitted to the 13th National Party Congress received high consensus as well as feedback from Party members, people from all walks of life, including overseas Vietnamese, as well as former Party and State leaders, National Assembly deputies, the Vietnam Fatherland Front, social-political organisations, scientists and managers, Quan noted. The Party official also affirmed that the CPV has paid special attention to the personnel work, considering it a key task. The personnel preparations have been carried out thoroughly to ensure that candidates who have firm political mettle, pure morality, outstanding capacity and strategic vision will be elected to the 13th Party Central Committee. Foreign ambassadors and diplomats attending the meeting, which was held by … [Read more...] about Diplomatic corps, int’l organisations informed on 13th National Party Congress