Vietnam, China build long-lasting strategic relationship
Vietnam, China build long-lasting strategic relationship

Party General Secretary, Nong Duc Manh, began an official four-day visit to China on May 30. The visit not only shows the promising development of friendship, neighbourliness and comprehensive cooperation between the two countries, but also their cultural determination to build a long-lasting strategic relationship.

Vietnam, China build long-lasting strategic relationship
Coffee prices rise, farmers cut down forest
Coffee prices rise, farmers cut down forest

Over the past two years, especially in the first months of this year, coffee prices in the Central Highlands have soared, reaching VND42,000 per kilo. This has encouraged farmers to clear forest for coffee growing land despite the warnings from the local authorities and experts.

Coffee prices rise, farmers cut down forest
Government officials must be people’s servants
Government officials must be people’s servants

In securing the legal corridor, Government officials would adopt an attitude commensurate with moral and social norms. These are not written down in any laws but are regulated by traditional sentiments and public opinion.

Government officials must be people’s servants
Extending the time period for IPO auctions could hold businesses back
Extending the time period for IPO auctions could hold businesses back

The slow progress in equitising state owned enterprises (SOEs) is attributed to many reasons such as uncoordinated procedures, cumbersome administrative formalities, and bad debts. Many people say that the current situation on the stock market is not favourable for SOE to equitise and issue Initial Public Offerings (IPO).

Extending the time period for IPO auctions could hold businesses back
Agriculture ensures social security
Agriculture ensures social security

Vietnamese scientists are worried that the country would be facing a food crisis had the Government failed to keep land for rice cultivation.

Agriculture ensures social security
Solutions needed for food security
Solutions needed for food security

Top priority should be given to ensuring food security and keeping food prices under control. Rice exports should be associated with domestic consumption in order to stabilise domestic prices. In addition, the agricultural sector needs to finalise a food security strategy as soon as possible.

Solutions needed for food security
The victory flag flies high forever
The victory flag flies high forever

The Great Victory of May 9, 1945 was a very important landmark in the history of Russia and the rest of the world. It marked the glory of the Soviet people and the Red Army in their patriotic war, helped to put an end to World War 2 and smashed the large and powerful fascist army.

The victory flag flies high forever
A correct decision
A correct decision

The US Department of State on May 4 rejected a request from the US Commission on International Religious Freedom (USCIRF) to put Vietnam back on the list of “countries of particular concern” (CPC). This is a correct decision reflecting the real situation in Vietnam and showing that the commission’s request was not objective and independent.

A correct decision
Lessons drawn from a recent spike in rice prices
Lessons drawn from a recent spike in rice prices

The recent spike in rice prices shows that the market has been badly affected by socio-psychological factors. This requires the Government and relevant agencies to make accurate forecasts and come up with prompt actions to cope with any market fluctuations.

Lessons drawn from a recent spike in rice prices
The spirit of April 30
The spirit of April 30

Every Vietnamese, every family and the whole nation will bear this historic day in mind forever as it marked the complete liberation of South Vietnam and national unification.

The spirit of April 30
The course of history
The course of history

Over the past 33 years, from its initial baby steps, Vietnam has made remarkable progress in transforming and developing its economy at a stunning pace.

The course of history
Renovation of State-run enterprises needs a breakthrough
Renovation of State-run enterprises needs a breakthrough

Vietnamese State-run enterprises, economic groups and corporations need reforms to become more effective and competitive, said Deputy Prime Minister Nguyen Sinh Hung.

Renovation of State-run enterprises needs a breakthrough
Building powerful domestic economic groups
Building powerful domestic economic groups

The significance of an economic group lies in its role of institutionally administrating businesses, not only in its name. To develop powerful economic groups, apart from creating a clear legal corridor, businesses should exert a greater effort to secure their own potential.

Building powerful domestic economic groups
Bringing Vietnam trademarks across the globe
Bringing Vietnam trademarks across the globe

The Prime Minister has decided that April 20 is Vietnam Trademark Day to honour and promote Vietnam’s image and trademarks in the context of international economic integration.

Bringing Vietnam trademarks across the globe
Major weaknesses revealed in post-WTO period
Major weaknesses revealed in post-WTO period

More than a year after joining the World Trade Organisation (WTO), the national economy has gradually kept pace with other economies in the world. However, behind optimistic statistics are weaknesses that need to be rapidly overcome.

Major weaknesses revealed in post-WTO period
Taking advantage of every opportunity to control inflation rate
Taking advantage of every opportunity to control inflation rate

The world is currently suffering a dire shortage of essential goods. However, if businesses make the most of every opportunity to boost production and increase the supply of goods, they will come through the difficult time.

Taking advantage of every opportunity to control inflation rate
A difficult period of industrialisation
A difficult period of industrialisation

International economic experts suggested that by 2020 Vietnam will have many qualified workers, train its engineers up to standard as Malaysia and Thailand do and export garments and footwear with a high proportion of domestic content as well as high-quality agricultural products and seafood.

A difficult period of industrialisation
Restructuring export products remains irrational
Restructuring export products remains irrational

Vietnamese products’ trade marks are still unpopular on the world market due to their low quality, poor design and high transport and customs costs.

Restructuring export products remains irrational
Current difficulties are just temporary
Current difficulties are just temporary

Social stability and an improved investment environment have created the right conditions for Vietnam to overcome its difficulties, curb inflation and ensure social welfare.

Current difficulties are just temporary
Bureaucratic obstacles need removing to attract more FDI
Bureaucratic obstacles need removing to attract more FDI

In the first quarter of this year, foreign businesses poured more than US$1.68 billion into investment projects, a year-on-year increase of 24 percent. However, economists said that Vietnam could attract more foreign investment if the legal environment and administrative procedures were simplified.

Bureaucratic obstacles need removing to attract more FDI
Economic development policy needs a new way of thinking
Economic development policy needs a new way of thinking

A breakthrough in policy and strategy making is a key factor in ensuring the successful and sustainable development of an economy.

Economic development policy needs a new way of thinking
Administrative procedures hinder SOE equitisation process
Administrative procedures hinder SOE equitisation process

The equitisation process of state-owned enterprises (SOEs) has been implemented over the past 15 years but the results of the process have not met expectations. The slow progress of equitisation is attributed to barriers from administrative mechanisms.

Administrative procedures hinder SOE equitisation process
Young people need opportunities to prove their capabilities
Young people need opportunities to prove their capabilities

A perceived “brain drain” is increasingly becoming a hot issue among young people. Whether it is linked to the State’s preferences, the working environment or even young people’s knowledge, how to encourage young people to stay and help them prove their capabilities in State agencies remains an open question.

Young people need opportunities to prove their capabilities
Domestic distributors vie for the lion’s share
Domestic distributors vie for the lion’s share

With its limited financial and management capacity, the domestic distribution network, mostly markets and retail shops, are set to compete fiercely with foreign distributors that are allowed to penetrate the Vietnamese market as of January 2009.

Domestic distributors vie for the lion’s share
New prospects for Vietnam-Czech Republic cooperation
New prospects for Vietnam-Czech Republic cooperation

Prime Minister of the Czech Republic Mirek Topolanek began an official visit to Vietnam on March 21 at the invitation of Prime Minister Nguyen Tan Dung. This is the second Vietnam visit by a government leader from the Czech Republic after it separated from Czechoslovakia in 1993.

New prospects for Vietnam-Czech Republic cooperation
Japan-Vietnam friendship continues to grow and flourish
Japan-Vietnam friendship continues to grow and flourish

The Vietnamese National Assembly (NA) delegation’s visit to Japan, which took place at a time when both countries were celebrating the 35th anniversary of the establishment of their diplomatic ties, will contribute to bringing their cooperative relations between the two countries and the two parliaments to a new high.

Japan-Vietnam friendship continues to grow and flourish
US human rights report biased and inaccurate
US human rights report biased and inaccurate

The US Department of State has released its annual report on human rights practices in many countries in the world, including Vietnam. Many countries have immediately voiced strong opposition, saying the report contains biased and inaccurate information about the human rights situation in their countries.

US human rights report biased and inaccurate
Vietnam aims for a strong export performance this year
Vietnam aims for a strong export performance this year

Fulfiling this year’s export targets is of great significance to achieving a GDP growth target of 9 percent for the whole year.

Vietnam aims for a strong export performance this year
Strengthening comprehensive partnership with EU member countries
Strengthening comprehensive partnership with EU member countries

Prime Minister Nguyen Tan Dung began a trip to Britain, Germany and Ireland on March 3 at the invitation of the heads of these states. The European tour aims to promote political relations, mutual understanding and trust, as well as economic, trade and investment cooperation with these countries.

Strengthening comprehensive partnership with EU member countries
An unfair ruling
An unfair ruling

The US Federal Court on February 22 dismissed the appeal lodged by Vietnamese Agent Orange/dioxin victims in their lawsuit against US chemical companies. By issuing the unfair ruling, the court defied the fact that millions of Vietnamese AO/dioxin victims have long been suffering the lingering pain and waiting for a fair judgement.

An unfair ruling