Despite having taken a score of administrative measures, the State Bank of Vietnam (SBV) cannot lower interest rates as expected. A simple reason is that depositors turn away from the current interest rate on mobilized loans at 14 percent in the face of runway inflation.  

Developing the marine-based economy and ensuring national defence and security should be integrated in the nation’s development strategy because it is an urgent necessity in the new period.

Party General Secretary and National Assembly (NA) Chairman Nguyen Phu Trong returned to Hanoi on June 22, successfully concluding his visit to the Lao People’s Democratic Republic at the invitation of Chummaly Sayasone, Lao Party General Secretary and State President.

The official visit of the Vietnam Party General Secretary and National Assembly Chairman Nguyen Phu Trong to Laos starting on June 20 will help to list the ties of fraternal friendship between the two countries to a new height.

Vietnam’s revolutionary press has long won pubic confidence. During the current information boom, the press plays a very important role in imparting information and creating a social consensus.

The fourth Vietnam-US Political, Security and Defence Dialogue focused on four major topics: regional security; cooperating in security and defence, humanitarian cooperation to deal with the consequences of war; and ways to raise the Vietnam-US relationship to a higher level.

China’s recent violations of Vietnam’s sovereignty on May 26 and June 9 have made the East Sea situation more complicated. With a strong belief in justice, Vietnam hopes to settle all disputes through peaceful negotiations.

Exports of Vietnamese farm produce to Japan will see sharp increases if domestic businesses take advantage of the Vietnam-Japan Economic Partnership Agreement (VJEPA).

Vietnam’s exports in the first five months of this year saw a remarkable increase to US$34.7 billion. However, the risk of trade gap remains in sight.

The 8th Asia Media Summit (AMS8) offers an excellent opportunity for Radio the Voice of Vietnam (VOV) and broadcasting organisations in the region and around the world to promote their exchanges and witness Vietnam’s Doi Moi (renewal) process.

People go to the polls not only to vote for an administration apparatus but also to support a policy with a higher vision.

The 18th ASEAN Summit, themed “ASEAN Community in a Global Community of Nations” is being held in Indonesia from May 7-8.

Though it only accounts for 21 percent of the country’s workforce and 1 percent of the population, Vietnam’s working class contributes 60 percent of the social products.

More drastic efforts are required from both sides, especially from the US, said former Vietnamese ambassador to the US Nguyen Tam Chien in a recent interview granted to a Voice of Vietnam (VOV) reporter.

The success of the 13th National Assembly (NA) and People’s Council elections at all levels for the 2011-2016 term depends on voters’ sound decision and election council’s efforts.

The State Bank of Vietnam (SBV) has decided to increase the required level of foreign exchange reserves by 2% with a ceiling on USD deposit interest rates reduced to 3% per year. 

One of the most outstanding features of Vietnam’s foreign economic activities is the attraction of investment since the Doi Moi (Renewal) process was launched 25 years ago. 

Nguyen Huu Nhi, one of outspoken National Assembly (NA) deputies, has spoken about the duties and responsibilities of the legislative body and the results of the 12th NA in an interview granted to VOV.

After eight days’ sitting, the ninth session of the 12th National Assembly (NA) successfully concluded on March 29 and it was agreed that the final session had proceeded in a more practical and effective manner.

Retail sales GDP and turnover have increased considerably in recent years, however, more premises for the retail market are necessary to meet the increasing demand.

Dr, General Le Van Cuong, former Director of the Institute for Strategy and Police Science, considers the current war against Libya a bloody and unjust one.

The domestic gold and foreign currency market has been kept stable in recent times even though the global gold price remains high.

The State’s social welfare policies will be put into practice in an effective and timely manner if organizations and individuals enhance their responsibility and fulfill their assigned tasks.

Labour shortages after the Lunar New Year holiday remain a serious problem that Vietnamese businesses have faced for many years.

Apart from different views on how to use the price stabilisation fund, the price management is getting more difficult as the coal, electricity and water supply sectors are asking for an increase of their selling prices.

100 years ago, when Vietnamese people were thrown into the dark night of slavery and the name of the nation was removed from the world map, the slender young man Nguyen Tat Thanh left Nha Rong wharf in Saigon seeking ways to save the nation.

The 11th National Party Congress has taken pride of place in all major Vietnamese newspapers after the past few days.

Since the renewal process was launched in 1986, Vietnam has made great achievements and is now during the process of industrialisation and modernisation, in both urban and rural areas. The country is making every effort to become a modern industrialised country by 2020.

The sound leadership of the Communist Party of Vietnam (CPV) is the key to Vietnam’s revolutionary victories.

Whether the 11th National Party Congress succeeds or not depends on each delegate’s responsibility and intelligence, said Nong Duc Manh, General Secretary of the Communist Party of Vietnam Central Committee (CPVCC).