Although local economic growth in the first six months of 2020 has slowed down compared to the same period in 2019, Vinh Phuc province has basically completed the objectives and tasks set out. In the remaining months, the province is determined to synchronously implement solutions to achieve the economic development targets set for 2020.
In 2020, the Program on Benchmarking and Announcing Sustainable Companies entered its fifth year with many new highlighted contents. Vietnam Business Forum has an interview with Mr. Nguyen Quang Vinh, General Secretary of the Vietnam Chamber of Commerce and Industry (VCCI) and Vice Chair of the Vietnam Business Council for Sustainable Development (VBCSD), on this issue. Huong Ly reports.
That is the assessment of the US Ambassador to Vietnam Daniel J. Kritenbrink on the US-Vietnam bilateral relationship during the past 25 years. According to the Ambassador, the people and leaders of the two countries have shown their courage and insight, creating the most extraordinary achievements when they become partners and friends. From almost zero trade, today, two countries share over 77 billion dollars in bilateral trade.
Vietnam’s gross domestic product (GDP) expanded 0.36% in the second quarter and 1.81% in the first six months of 2020, the lowest rate in 10 years for Vietnam. However, globally, Vietnam is among very few countries to post positive growth.
Hanwha Life Insurance Co., Ltd (Vietnam) launches the "An Yen Cho Em" program to give 1,000 gifts to children who are affected by the COVID-19 pandemic. The program is co-implemented by Hanwha Life Vietnam, Vietnam Association for Protection of Child's Rights (VACR), ChildFund Korea and ChildFund Vietnam.
The Public-Private Partnership (PPP) Law was recently passed by the National Assembly with the approval rate of 92.75%. As such, Vietnam now has a common law, creating the highest legal corridor to attract private investment in essential infrastructure fields.
Following the direction of the Prime Minister and the Vietnam Electricity (EVN), Vinh Phuc Power Company (Vinh Phuc PC) has lowered power prices and reduced electricity bills for people and businesses, especially those affected by the Covid-19 pandemic. The company has joined hands with Vinh Phuc province to realize the dual goal: Pushing back the pandemic, and boosting socioeconomic development.
Emirates recently has announced it will resume flights to Geneva (from 15 July), Los Angeles (from 22 July), Dar es Salaam (from 1 August), Prague and Sao Paulo (from 2 August), and Boston (from 15 August), offering customers even more travel options.
Although local economic growth in the first six months of 2020 has slowed down compared to the same period in 2019, Vinh Phuc province has basically completed the objectives and tasks set out. In the remaining months, the province is determined to synchronously implement solutions to achieve the economic development targets set for 2020.
October, 2020
Thua Thien Hue, Vietnam
Vietnamese
