Prime Minister Nguyen Xuan Phuc highly appreciates the results of PetroVietnam in 2017. — VNA/VNS Photo Thong Nhat Prime Minister Nguyen Xuan Phuc on Wednesday asked the National Oil and Gas Group (PetroVietnam) to enhance its business efficiency and contribute to ensuring energy security and asserting national sovereignty. Phuc was speaking at a ceremony where the decision to appoint Tran Sy Thanh, former secretary of the Lang Son Province Party Committee, as the new chairman of the PetroVietnam Members’ Council was announced Phuc urged PetroVietnam to strive to fulfill its socio-economic development tasks following the country and the group’s oil and gas development strategy to 2025 with a vision to 2030, stressing its significant contribution to the socio-economic development. PetroVietnam should closely watch developments on the East Sea and enhance cooperation in implementing offshore oil and gas projects on the continent shelf of Viet Nam, Phuc said. He also asked the group to hasten restructuring following the approved plan for the 2017-20 period. Accordingly, the restructuring plan must be submitted to the Government within the first quarter of this year. Focus should also be on hastening major national projects such as Blue Whale gas project, Nghi Son Oil Refinery, Dung Quat Oil Refinery, along with power projects, he added. In addition, problems at its five loss-making projects must be handled thoroughly, including Dinh Vu polyester plant, Dung Quat shipyard and three bio-fuel plants. The Prime Minister highly appreciated the higher-than-target results of PetroVietnam in 2017. The group’s oil production output…
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Prime Minister Nguyen Tan Dung has requested PetroVietnam, Vinacomin and other state-owned corporations to sell part of their dollar receipts to the State Bank of Vietnam, the country’s central bank. By doing do, the move will help the central bank have sufficient dollar sources to stabilize the domestic forex market, according to a document signed by the PM Nov 26. Dung also ordered domestic commercial banks to sell dollars to these state-owned groups and corporations. In an interview with reporters of the Tuoi Tre newspaper Nov 25, a member of the National Advisory Council for Finance and Monetary Policies proposed that…... [read more]
Photo: VGP/Quang Hieu The PM highlighted the role of forest in the Central Highlands, which holds a crucial strategic position, saying that the Party and State have adopted socio-economic guidelines and polices related to protecting forest, contributing to promoting the development of the region.It is necessary to mobilize the whole political system, the business community and the local people to recovering and developing natural forest, striving to achieve the set goals, improve people’s lives and enhance the socio-economic development, he said.He asked for arranging the agricultural and forestry farms and proposing policies to ensure incomes for forest guardians and growers as well…... [read more]
During a meeting with the ambassador in Hanoi on May 12, Minh spoke highly of the diplomat’s efforts to successfully organise numerous cooperation activities between Vietnamese and Moroccan research institutes and universities during the first six months of his tenure.He took this occasion to thank Morocco for supporting Vietnam’s candidacy for a non-permanent seat in the UN Security Council for the 2020-2021 term. The Deputy PM suggested that the two countries should increase the exchange of delegations at all levels, saying Vietnam expects to welcome the Moroccan King on his official visit to the country. The ambassador affirmed that Morocco will continue…... [read more]
PM Nguyen Xuan Phuc at the event (Source:Internet)Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc urged ministries and sectors to ensure the progress of building legal documents as well as their quality, after listening to the Ministry of Justice’s report on the implementation of the Government’s law and ordinance building programme during a two-day Cabinet meeting starting on June 30. According to the ministry, the majority of documents detailing laws will take effect from July 1 this year. However, it pointed out that the submission of a number of bills and ordinances have been delayed, while the building and issuance of…... [read more]
Ho Chi Minh authorities inspect kindergartens in District 12 (Photo: VNA)Hanoi (VNA) – Deputy Prime Minister Truong Hoa Binhhas issued a direction asking for prompt investigations into recent cases ofchild abuse and murder exposed by local media means.In the direction, Binh, who is also head of the Government SteeringCommittee on Crime Prevention and Fight, clarified that recently, the media hasover the past days reported several cases of violence, abuse and murder involvingchildren, sparking anger in society and seriously affecting social security,order and safety.According to the media, a seven-year-old girl in Chau Thanh district of southernKien Giang province was brutally racked by…... [read more]
Local firms asked to seize business opportunities in Hong KongBy Mong Binh - The Saigon Times DailyCharles Ng, associate director general of the agency Invest Hong Kong, explained the reasons at a seminar in HCMC on Wednesday that Hong Kong was the No. 1 venue in Asia for international companies and one of the attractive markets with low tax rates.Therefore, Ng described Hong Kong as a secure base for Vietnamese companies to access business opportunities as well as to find new markets and customers, whether in mainland China and other parts of the globe through the international companies.He told the…... [read more]
In a telegram released on August 11, the PM asked the leaders of Lao Cai, Yen Bai, Phu Tho, Ha Giang, Tuyen Quang and Bac Kan provinces to ensure sufficient supplies of relief aid such as food, drinking water and medicine to the flooded and isolated areas. He requested them to take care of passengers, including foreigners, stranded at bus and railway stations and arrange means of transport to bring them to safe areas. The army plays the leading role in the rescue work, said the PM in the telegram. Additional VND1.6 billion for flood-hit localities The Vietnam…... [read more]
PM asks S.Korea to ratify FTA with Vietnam soonThe Saigon Times Daily HCMC - Prime Minister Nguyen Tan Dung has requested the South Korean side ratify the bilateral trade agreement (FTA) signed with Vietnam earlier this year so that the trade pact will take effect soon. The Prime Minister made the request at a meeting with South Korea’s Deputy Minister of Strategy and Finance Joo Hyung Hwan in Hanoi last week, according to Vietnam News Agency. The Government leader said Vietnam has ratified the FTA and expected South Korea would do the same soon. Vietnamese Minister of Industry and Trade…... [read more]
Slow economic recovery in 2013 posed significant difficulties and challenges to business operations of enterprises, and the investment attraction of many provinces and cities. Being clearly aware of those difficulties and challenges, Ninh Binh province has focused on supporting operational enterprises and attracting new ones. Vietnam Business Forum interviewed Mr Nguyen Chi Tinh, Director of the Department of Planning and Investment, on this matter. Le Sang reports. Could you briefly introduce major investment attraction results of Ninh Binh province in 2013? In general, development investment in Ninh Binh has been restructured to suit development objectives on the basis of strictly…... [read more]
Addressing a review meeting of the ministry on January 11, the PM asked leaders and officials of the ministry to change their mindset in planning to interact more actively with the regulations of the market economy.The plan-making process should involve experts, businesspeople and foreign investors to ensure democracy, he asked, stressing that it must eradicate group benefit as well as the mixture in interest of ministries, sectors and their businesses.The designing of planning should base on the national interest, in which short-term and long-term interests do not conflict, he stressed.The PM noted that the current State investment ratio of 37.6…... [read more]
