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.