June 5-11: Vietnamese prime minister visits Japan

Nhan Dan Online reviews a number of outstanding events that made the headlines over the past week.

Monday, June 12, 2017 10:32

Prime Minister Nguyen Xuan Phuc and his Japanese counterpart Shinzo Abe

Prime Minister Nguyen Xuan Phuc active in Japan

During his five-day visit to Japan, Prime Minister Nguyen Xuan Phuc met the Japanese emperor and Prime Minister Shinzo Abe, attended the International Conference on the Future of Asia and an investment promotion conference into Vietnam. It was a successful trip, helping to consolidate the Vietnam-Japan extensive strategic partnership.

Czech President Milos Zeman visits Vietnam

Vietnamese President Tran Dai Quang and his Czech counterpart Milos Zeman showed their determination to enhance cooperative relations in the fields of mutual interest. They also agreed on mutual support with regards to international and regional issues of mutual interest and pledged close coordination at international and regional forums and organisations.

President Tran Dai Quang and President of the Czech Republic Milos Zeman

Parliament discusses measures to fulfil GDP growth target

As part of its agenda, the National Assembly discussed a range of measures needed to achieve the growth target of 6.7% in 2017, which many believe is a challenging goal. During the week, deputies also discussed various issues including bad debt resolution, the Long Thanh Airport project, food safety policies and a number of amended laws.

A plenary session of Vietnam's National Assembly

Song Da equitisation plan approved

Prime Minister Nguyen Xuan Phuc has approved the equitisation measures for the State-owned Song Da Corporation in the form of selling part of the existing State capital and issuing shares to increase the corporation’s charter capital. After equitisation, Song Da will have a charter capital of VND4.5 trillion (US$198 million).

HCMC calls for further investment from US investors

Ho Chi Minh City leader Nguyen Thien Nhan told a conference of over 100 US businesses that investing in Vietnam, at present, is the right decision at the right time, stating that it is easy for US investors to find active partners in Vietnam. The Vietnamese economy is on the rise and Vietnam wants to cooperate with the US in the 4th industrial revolution.

Ho Chi Minh City Secretary Nguyen Thien Nhan

Vietnam’s credit grows 6.53% in first five months

According to the State Bank, Vietnam's total credit growth in 2017 was posted at 6.53% as of May 25, compared with 5% and 4.5% during the same period of 2016 and 2015 respectively. The State Bank also stated that high credit growth has supported domestic production and business activities, amid limited disbursement of public investment in the past few months.

Hanoi prioritises keeping and relocating trees affected by road expansion

The Hanoi authorities said they are prioritising the retention and relocation of trees on Pham Van Dong Street, only cutting down trees that cannot be transposed, amid public concerns that the more than one thousand decades-old trees will be chopped down for the road expansion, especially as the capital city had just experienced a severe heatwave.

Heritage festival kicks off in Quang Nam province

The 2017 Quang Nam Heritage Festival kicked off on June 9, featuring a wide range of entertainment activities with more than 20 cultural, sporting and tourism events, including an international cuisine festival, an international silk festival, an international choir festival, an international kite festival, a boat race and a national kayaking festival.