No major changes to Singapore's new cabinet: Deputy PM Wong
Singapore's Deputy Prime Minister Lawrence Wong, who will become the country's fourth prime minister, said on Tuesday that Prime Minister Lee Hsien Loong will take on the role of senior minister in the new cabinet, which is not likely to have major changes.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM requests stable power supply during peak period
Vietnamese Prime Minister Pham Minh Chinh on Monday ordered drastic, synchronous and effective measures to ensure stable power supply during the peak period this year and beyond.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central Vietnam province greenlights $280 mln Vietnam-Singapore industrial park
The Vietnam-Singapore Industrial Park JV Co. Ltd. (VSIP) received an in-principle nod from Thua Thien-Hue province Saturday to build a VND7 trillion ($280.4 million) VSIP industrial park.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
PM joins groundbreaking ceremony for Sun Group’s $2 bln resort complex in Phu Quoc
Vietnamese Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for the VND50 trillion ($2 billion) Hon Thom marine tourism, resort and entertainment complex in Phu Quoc city off the southern province of Kien Giang on Saturday.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japanese firms wish to expand operations in Vietnam: Japan Business Federation
Japanese businesses hope to continue expanding in Vietnam and contributing to Japan-Vietnam economic cooperation in many fields, said Masayoshi Fujimoto and Masayuki Hyodo, co-chairmen of the Japan-Vietnam Economic Committee of the Japan Business Federation (Keidanren).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
No cronyism in lending, PM tells credit institutions
Credit institutions are strictly prohibited from granting preferential loans to their leaders, executives and related persons as well as “backyard” businesses, Prime Minister Pham Minh Chinh said Tuesday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Transport infrastructure to dominate $26.8 bln public investment allocation in 2024: PM
Transport infrastructure will be the biggest recipient of this year’s VND657 trillion ($26.82 billion) public investment capital allocation, Prime Minister Pham Minh Chinh said Friday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Prime Minister requests efforts to attract large-scale, high-tech FDI projects
Prime Minister Pham Minh Chinh on Thursday requested greater efforts be made by the country to attract large-scale, high-tech FDI projects, especially in the processing, manufacturing, electronics, semiconductors and hydrogen sectors.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam in process of ascending as influential global player: World Economic Forum chairman
Vietnam is not only a star in East Asia but also a nation in the process of ascending as an economically influential player on the global stage, said Prof. Klaus Schwab, World Economic Forum (WEF) founder and executive chairman.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM asks central bank to stabilize domestic gold prices
Vietnam's Prime Minister Pham Minh Chinh has requested the State Bank of Vietnam (SBV) to take solutions to regulate domestic gold prices in line with market rules, not letting them go too far from world prices.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Prime Minister requests faster, more flexible credit management
Credit management must be faster, flexible and effective, Prime Minister Pham Minh Chinh has ordered.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam will not criminalize civil, economic violations: PM
Vietnam will not criminalize civil and economic violations but will seriously punish violators in order to ensure a transparent, fair, and sustainable business environment for foreign investors, according to Prime Minister Pham Minh Chinh.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Nghi Son oil refinery needs personnel, financial restructuring: Prime Minister
Nghi Son Refinery and Petrochemical LLC (NSRP), which operates the Nghi Son oil refinery in central Vietnam, needs to push ahead with personnel, governance and financial restructuring, said Prime Minister Pham Minh Chinh.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Post-tax profits of FDI firms in Vietnam fall 2% to $15.8 bln in 2022
Post-tax profits of foreign direct investment (FDI) firms in Vietnam fell 2.1% year-on-year to VND386.67 trillion ($15.8 billion) in 2022, said Deputy Minister of Finance Cao Anh Tuan.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s sustainable growth hinges on workforce training, stable business environment: Bosch exec
Vietnam can ensure sustainable growth and successful operations of foreign businesses by focusing on workforce training and maintaining a stable business environment, said a Bosch executive.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Work starts on $327 mln bridge connecting Mekong Delta provinces
Construction of Dai Ngai Bridge crossing the Hau River, a Mekong tributary, connecting Tra Vinh and Soc Trang provinces, kicked off on Sunday.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Expand Vietnam investment beyond commitment, US semiconductor firm Amkor urged
U.S.-based semiconductor firm Amkor Technology, Inc. should expand Vietnam investments beyond its commitment, said Prime Minister Pham Minh Chinh on Thursday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM delivers speech at UN General Assembly’s General Debate
Trust, sincerity and solidarity on the global scale with the role of the United Nations and the participation of all countries will help the international community to address difficulties, overcome challenges, and promote peace, cooperation and prosperous development across the world, said Prime Minister Pham Minh Chinh.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM asks labor ministry to draft minimum wage hike
Prime Minister Pham Minh Chinh has asked Vietnam’s Ministry of Labor, Invalids and Social Affairs to compile a draft minimum wage hike for workers.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese PM orders stable electricity, gasoline supplies
Prime Minister Pham Minh Chinh has signed a dispatch requesting the effective implementation of solutions to ensure electricity and gasoline supplies.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Two PMs power Vietnam-Singapore Industrial Parks development, bilateral ties
Vietnamese Prime Minister Pham Minh Chinh and his Singaporean counterpart Lee Hsien Loong keep acting as a driving force for the development of Vietnam-Singapore Industrial Parks (VSIPs) in Vietnam.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Seven bilateral cooperation pacts inked as Singapore PM visits Vietnam
Vietnam and Singapore signed seven documents on further strengthening multifaceted cooperation in Hanoi Monday in the presence of their respective prime ministers, Pham Minh Chinh and Lee Hsien Loong.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Start work on Long Thanh airport terminal this month: PM
Selection of the contractor to build the new Long Thanh International Airport’s first terminal should be completed soon so that work can begin this month, Prime Minister Pham Minh Chinh has ordered.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam aims for 9% GDP growth in H2: prime minister
The government will not revise its GDP growth target of 6.5% for 2023 and strive to achieve economic expansion of about 9% in the second half of the year, said Prime Minister Pham Minh Chinh.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Developers make proposals to revitalize depressed realty market
Real estate developers on Thursday voiced their ideas about how to improve Vietnam’s ailing property market in a dialogue with Prime Minister Pham Minh Chinh.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An province signs 9 investment certificates, 10 MoUs with investors
Long An province, an industrial hub in southern Vietnam, is attracting a new wave of investment as authorities handed over nine investment certificates and signed 10 memoranda of understanding with private investors.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam to approve global minimum tax policy in October: prime minister
The Vietnamese government will submit global minimum tax (GMT) resolutions to the National Assembly, the country's highest legislative body, for approval in October.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An province seeks investors for 13 major projects
The Mekong Delta province of Long An is seeking investors for 13 projects of “great socioeconomic significance” including industrial parks, a biotech center, cattle farms and fruit processing.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Strong economic, security ties with Vietnam a priority: US Treasury Secretary Yellen
It is a priority for the U.S. to deepen its economic and security ties with Vietnam in the months and years to come, said Treasury Secretary Janet Yellen while meeting with Prime Minister Pham Minh Chinh in Hanoi Thursday.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
PM backs planned major transshipment port in HCMC
Vietnamese Prime Minister Pham Minh Chinh said on Tuesday that the government will work with the southeastern region, including Ho Chi Minh City, to boost social-economic development and build a mammoth transshipment port project in the city.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
PM pushes carbon market development project
Prime Minister Pham Minh Chinh on Friday assigned the Ministry of Finance to submit a draft carbon market development project to the government for approval in July.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
PM Chinh suggests high-speed railway connecting Vietnam and China
Vietnamese Prime Minister Pham Minh Chinh has asked China side to study the possibility of working with Vietnam to develop a high-speed railway connecting the two countries.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam seeks WEF help with high-quality investment attraction
Vietnamese Prime Minister Pham Minh Chinh on Monday suggested the World Economic Forum (WEF) assist Vietnam in attracting high-quality investments, particularly in high tech, energy transition, digital transformation, and strategic infrastructure.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese leadership, S Korean President stress ‘especially close’ ties
Vietnam’s Party, legislative and executive leaders stressed the need to further strengthen close bilateral ties in separate meetings held Friday with visiting South Korean President Yoon Suk Yeol.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM to visit China from June 25-28
Prime Minister Pham Minh Chinh will attend the 14th Annual Meeting of the New Champions, also known as the Summer Davos Forum, in Tianjin, while on an official visit to China from June 25-28, the Ministry of Foreign Affairs announced on Wednesday.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
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