Politics

Previously, Vietnam successfully held the 26th Annual Meeting of the Asia-Pacific Parliamentary Forum (APPF-26), the 6th Greater Mekong Sub-region Summit (GMS-6), and the 10th Cambodia-Laos-Vietnam Summit on Development of Triangle Area (CLV-10). The WEF ASEAN 2018 is held in the context that the building of the ASEAN Community has been boosted, and the global and regional situations are undergoing rapid and complex developments while Industry 4.0 is having increasing impacts on various aspects of life. Therefore, the theme of the forum, “ASEAN 4.0: Entrepreneurship in the Fourth Industrial Revolution,” is considered practical and touches upon common concerns of ASEAN and other countries in the region. It also connects with the theme “ASEAN: resilient and innovative” of the ASEAN Year 2018. The forum is attended by senior leaders of ASEAN and countries in the region, leaders of major organizations such as WB, ADB, AIIB, and other groups such as prestigious news … [Read more...] about Solidarity for ASEAN’s development and prosperity

The delegation, including Deputy Prime Minister Truong Hoa Binh, laid a wreath at the late leader’s statue on Nguyen Hue walking street. Leaders of Ho Chi Minh City laying a wreath at the late leader’s statue on Nguyen Hue walking street. Photo: nld.com.vn Earlier, on August 31, a delegation of the Party Central Committee, State, National Assembly, Government and Vietnam Fatherland Front Central Committee paid tribute to late President Ho Chi Minh at his mausoleum in Hanoi. The delegation included Party General Secretary Nguyen Phu Trong, President Tran Dai Quang, Prime Minister Nguyen Xuan Phuc, National Assembly Chairwoman Nguyen Thi Kim Ngan, and President of the Vietnam Fatherland Front Central Committee Tran Thanh Man, along with a number of former Party, State and Government leaders. The delegation also laid flowers at the Monument for Heroic Martyrs on Bac Son street. On the same day, Prime Minister Nguyen Xuan Phuc offered incense to … [Read more...] about HCM City’s leaders commemorate late President Ho Chi Minh

Hanoi welcomes about 24 million visitors each year, with an annual growth of 10 percent. (Source: VNA) Hanoi (VNA) – Hanoi is looking to cooperate closely with member cities of the Council for Promoting Tourism in Asia (CPTA) in tourism development, a municipal official said. Vice Chairman of the Hanoi People’s Committee Ngo Van Quy made the statement at a working session with the Secretariat of the 16th CPTA in the capital city on September 5. Hanoi always pays special attention to tourism development, considering tourism as an economic spearhead sector, he said, adding that the city welcomes about 24 million visitors each year, with an annual growth of 10 percent.  Of the figure, the number of foreign holidaymakers reaches 5 million, up 20 percent. Quy affirmed that the city will continue its efforts in tourism development, focusing on tourism promotion in key markets, along with improving the quality of tourism destinations and products. Hanoi will step up … [Read more...] about Hanoi hopes for close cooperation with CPTA cities

General Secretary of the Communist Party of China Central Committee and President of China Xi Jinping offered congratulations to General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong and President Tran Dai Quang. Chinese Premier Li Keqiang sent the congratulatory message to Prime Minister Nguyen Xuan Phuc, while Chairman of the Standing Committee of the National People’s Congress of China Li Zhanshu extended greetings to Chairwoman of the Vietnamese National Assembly Nguyen Thi Kim Ngan. In their messages, the leaders of the Chinese Party, State, Government and National People’s Congress highly valued the achievements Vietnam has obtained over the past time, voicing their belief that under the CPV’s leadership, the Vietnamese people will definitely soon realize the target of building a socialist State with prosperous people, a strong country and an democracy, equitable and civilized society. They affirmed that China attaches … [Read more...] about World leaders congratulate Vietnam on 73rd National Day

The market has recently seen many banks, such as Viet Capital Bank, Viet A Bank, Military Bank, ACB, TPBank, SeABank, Nam A Bank, VIB Bank and BIDV, raise interest rates by 0.5-1.4 percentage points per year, especially for long-term deposits. Viet Capital Bank has recently raised the 24-month rate from 7.2 percent to 8.6 percent per year, making it the highest rate in the market. At Viet A Bank, the highest interest rate of 8.5 percent per year is applied for tenor of 18 months or more. Particularly for seven-month tenor, deposit customers are subject to an interest rate of 8 percent per year. If using online savings, customers will enjoy an interest rates of 8.1 percent. Banks have recently raised interest rates sharply by 0.5-1.4 percentage points per year, especially for long-term deposits. Military Bank and Eximbank listed 24-month and 36-month rates at 7.5 percent and 8 percent per year, respectively. Meanwhile, ACB applied new interest rates for terms from 18 … [Read more...] about Experts forecast lending rates to remain stable