Category: Politics

Hanoi: Prime Minister Pham Minh Chinh on February 5 chaired a working session with the Commission for Management of State Capital at Enterprises (CMSC) and 19 groups and corporations under the commission’s management to look into their production and business plans for 2024 and measures to promote socio-economic development investment in the year.

PM Chinh highlighted contributions from the 19 groups and corporations to the country’s overall success in 2023, but underlined that the country’s socio-economic development tasks for 2024 are much harder than those for 2023, requiring more efforts from ministries and sectors, including the CMSC.

Although they are small in number, State-owned groups and corporations hold large resources, assets, and capital, serving as an important force of the Party and State, the PM stressed, adding that along with economic development, the groups and corporations have actively participated in ensuring social security.

The Government leader asked leaders of ministries, sectors
as well as the groups and corporations to analyse and assess their performance in 2023 and propose tasks and solutions to promote business and production in 2024, thus contributing to boosting socio-economic development this year and following years.

Particularly, they were requested to review and propose any necessary changes to institutions, mechanisms, policies and laws to enhance the operational efficiency of the groups and corporations.

Last year, the total revenue of the 19 groups and corporations reached nearly 1.13 quadrillion VND (46.34 billion USD), equivalent to 105.15% of the yearly plan.

Their combined pre-tax profit hit 53.25 trillion VND (excluding Vietnam Electricity) was equal to 166.09% of the 2023 plan and 110.92% compared to the same period in 2022. The groups and corporations paid 79.25 trillion VND to the State budget, reaching 199.96% of the plan for the year and equivalent to 120.22% of the figure recorded in the same period of 2022./.

Source: Vietnam News Agency

Hanoi: The Vietnamese Embassies in Indian and the Czech Republic have freshly organised Lunar New Year celebrations for the Vietnamese communities there so that they could enjoy the biggest traditional event of their home country from faraway places.

The event in New Delhi on February 4 featured peach and apricot blossoms, lanterns, and traditional feasts like banh chung (square glutinous rice cakes) and fried spring rolls. Additionally, embassy staff and the community staged a series of cultural performances imbued with the Vietnamese cultural and spiritual essence.

In his remarks, Ambassador Nguyen Thanh Hai affirmed that the Vietnamese in India are an integral part of the Vietnamese community, wishing them a prosperous year ahead with greater links to the homeland and contributions to the development of the comprehensive strategic partnership between the two countries. Earlier, on February 3, the Vietnamese Embassy in the Czech Republic, in collaboration with the Overseas Vietnamese Association in the co
untry, held the Lunar New Year celebration, featuring performances by artists from Ho Chi Minh City’s art troupe.

Nguyen Dieu Linh, Charge d’Affaires of the embassy, stated that the bilateral relationship saw remarkable development last year with both sides enhancing exchanges at high levels.

She also spoke highly of the important role of the Vietnamese community as a bridge to promote the traditional friendship between the countries./.

Source: Vietnam News Agency

Hanoi: Chairman of the National Assembly (NA) Vuong Dinh Hue has recently signed to attest the revised Land Law and the revised Law on Credit Institutions.

The amended laws were officially passed on January 18, as part of the 15th NA’s 5th extraordinary session.

The revised Land Law saw 432 out of the 477 NA deputies present at the session voting in favour, or 87.63% of the total number of legislators.

Consisting of 16 chapters and 260 articles, this law specifies the land ownership regime, rights, and responsibilities of the state representing the collective ownership of the people over land. It also addresses unified land management, land use and management regimes, as well as the rights and obligations of citizens and land users regarding land within the country’s territory.

The amended law, except for some of its specific provisions, will come into force on January 1, 2025.

Meanwhile, the amended Law on Credit Institutions sailed through the legislature with 450 yes votes, or 91.28% of the total NA d
eputies.

The law, comprising 15 chapters and 210 articles, will be effective from July 1 this year.

It outlines provisions regarding credit institutions’ establishment, organisation, operations, early intervention, special control, restructuring, dissolution, and bankruptcy. It also addresses the establishment, organisation, operations, early intervention, dissolution, and termination of activities of branches of foreign banks.

Additionally, the law covers the establishment and operations of representative offices in Vietnam of foreign credit institutions and other foreign organisations engaged in banking activities. It further regulates the handling of bad debts and collateral assets of bad debts held by credit institutions, branches of foreign banks, and organisations fully owned by the State with the functions of buying, selling, and handling debts./.

Source: Vietnam News Agency

Hanoi: President Vo Van Thuong has offered incense in commemoration of some late Party and State leaders, and visited several former leaders on the occasion of the upcoming Lunar New Year (Tet) Festival.

President Thuong offered incense to commemorate comrade Truong Chinh, who undertook many important positions of the Party and State during his more than 60 years of revolutionary activities from 1925-1988; and late President General Tran Dai Quang.

He also visited former Presidents Tran Duc Luong and Nguyen Xuan Phuc, during which he wished the former leaders and their families good health, happiness, and longevity.

President Thuong expressed his hope that they will contribute more brainpower and experiences to the country’s development./.

Source: Vietnam News Agency

Havana: The prestige and strength of the Communist Party of Vietnam (CPV) are reflected in the revolutionary spirit as well as the spirit of criticism and self-criticism of each party member, according to Dr. Ruvislei González Sáez, one of the leading research experts on Vietnam in Latin America.

Talking to the Vietnam News Agency (VNA)’s correspondent in Havana, Dr. González Sáez, a senior researcher at the Cuban Centre for International Policy Research (CIPI), said 94 years after its establishment, the CPV today has become the second largest Marxism-Leninism-oriented political organisation in the world, with a large number of members, just after the Communist Party of China.

Thanks to reforms within the Party consistent with historical circumstances and specific objective conditions, combined with theoretical and practical factors, the CPV has played a great leading role in improving socio-economic conditions and enhancing the country’s position in the international arena.

Stressing victories gained by V
ietnamese people under the leadership of the CPV, the Cuban expert affirmed that in 1986, it was the CPV that promoted the changes to take Vietnam from one of the 15 poorest countries in the world to one of the 15 most economically dynamic countries on the planet in 2023.

With the CPV’s firm determination and sound direction, Vietnam stood firm and continued on the socialist path in the 1990s when the Soviet Union and socialism in Eastern Europe collapsed. The CPV has cleverly solved differences with former enemies and through its bamboo diplomacy, the country has maintained its relations with world powers, he said.

According to the scholar, like any political organisation in the world, the CPV has also faced countless challenges, but the most important thing is that the Party has known how to identify the problems and fiercely solve them.

Under the leadership of Party General Secretary Nguyen Phu Trong, the prestige of the CPV has increased. For more than 20 years, Vietnam’s economic growth has surpassed
5%, except for the worst time in 2020 due to the COVID-19 pandemic when Vietnam was still one of the five strongest growing countries in the world with a growth rate of 2.9%, he added./.

Source: Vietnam News Agency

Hanoi: The Su That (Truth) National Political Publishing House has published two new books by Party General Secretary Nguyen Phu Trong. The books are titled ‘Turning challenges into opportunities with resolve to create breakthroughs for rapid, sustainable development’ and ‘Building pure, strong Party and political system to contribute to successfully implementing the Resolution of the 13th National Party Congress’. The two books comprise outstanding speeches, articles, letters and messages by the Party leader during three years implementing the Resolution of the 13th National Party Congress from 2021 to 2023, which reflect the Party leader’s comprehensive leadership and instructions of all sectors, all-level administrations and localities. The book ‘Turning challenges into opportunities with resolve to create breakthroughs for rapid, sustainable development’ introduces speeches, articles, interviews, letters and messages of the Party General Secretary from April 2021 to December 2022. In the context of complex developments of the COVID-19 pandemic, which put severe impacts on the world and Vietnam as well, the strategic direction by the Party Central Committee headed by General Secretary created an important impetus for the entire Party and people to overcome difficulties and challenges, quickly concretise and implement the Resolution and targets set by the 13th Party Congress. Meanwhile, the book ‘Building pure, strong Party and political system to contribute to successfully implementing the Resolution of the 13th National Party Congress’ reflects the Party leader’s close direction over important matters of the country in 2023 – the pivotal year in implementing the Resolution of the 13th Congress. The two books’ electronic versions are also available at https://sachquocgia.vn./.

Source: Vietnam News Agency