According to the NA Office, the committee is scheduled to scrutinise some debatable issues of the draft law amending and supplementing some articles of the Law on Public Investment, and the draft revision of the Law on Tax Management. These drafts had been discussed previously at the parliament’s sixth session in late 2018. The NA Standing Committee will listen to the Government’s report on the outcomes of the collection of public opinions on the draft revised Law on Education. They will also look into issues related to the Vietnam National University-Hanoi project in the city’s Hoa Lac area.
* The US side has been urged to view China’s development and bilateral trade ties with an open mind and work with China towards the same direction. Chinese State Councilor and Foreign Minister Wang Yi on February 19 made the comments when meeting with a US delegation led by US Chamber of Commerce Executive Vice President Myron Brilliant in Beijing. * The US State Department confirmed Tuesday that US Special Representative for Venezuela Elliott Abrams had met with Venezuela officials recently to ensure the security of US personnel in the South American country. * Ukrainian Prime Minister Volodymyr Groysman and visiting European Council President Donald Tusk met on February 19 to discuss the situation in and around Ukraine. * German government and industry should cooperate in the expansion of the new 5G mobile communications standard, German Chancellor Angela Merkel urged during a speech at the Digitising Europe Summit in Berlin on February 19. * Israeli Prime Minister Benjamin Netanyahu met with his Slovak, Czech and Hungarian counterparts on February 19, a day after a high-profile summit was cancelled amid a quarrel between Poland and Israel. * Moroccan Prime Minister Saadeddine El Othmani reaffirmed Tuesday in Rabat his country’s support to stability in Libya. * At a joint press conference in Helsinki, Finnish Prime Minister Juha Sipila and Dutch Prime Minister Mark Rutte on February 19 stressed the need to fill the gap in the ranks of the defenders of free trade and the single market after the exit of the… [Read full story]
Buddhist followers gathered together around Phuc Khanh pagoda to celebrate the start of the Lunar New Year. The pavement on Tay Son street was filled with crowds of people. Security forces were on hand to untangle any traffic jams occurring on roads around the pagoda. Security forces make every effort to maintain road safety and ensure the flow of traffic Young volunteers request visitors to the pagoda don’t leave litter. With many people trying to enter the pagoda but unable to do so, large crowds were forced to sit on the pavement on Tay Son street. Seats at the ceremony were not free, with each seat costing VND10,000. Despite the prepared seats, some people were unable to hire a seat and had to be content with the floor. People clasp their hands together in prayer, hoping for peace and luck in the Lunar New Year. Buddhist followers gathered together around Phuc Khanh pagoda to celebrate the start of the Lunar New Year. The pavement on Tay Son street was filled with crowds of people. Security forces were on hand to untangle any traffic jams occurring on roads around the pagoda. Security forces make every effort to maintain road safety and ensure the flow of traffic Young volunteers request visitors to the pagoda don’t leave litter. With many people trying to enter the pagoda but unable to do so, large crowds were forced to sit on the pavement on Tay Son street. Seats at the ceremony were not free, with each… [Read full story]
Vice Chairman of Hanoi People’s Committee Le Hong Son (R) and Major General Boupha Siphomma, Director of Vientiane police (Source: http://kinhtedothi.vn) Hanoi (VNA) – The cooperation between Hanoi and Vientiane police has been carried out more effectively in recent years, Major General Boupha Siphomma, Director of Vientiane police, said at a meeting with Vice Chairman of Hanoi People’s Committee Le Hong Son on February 19. The recent signing of the cooperation minutes between Hanoi and Vientiane police, as witnessed by the Vietnamese and Lao Ministers of Public Security, will lay a legal foundation for the two sides to support each other in all fields, he said. The Hanoi official highly appreciated the comprehensive cooperation between the two capital cities’ forces. The police forces have made significant contributions to the expansion of bilateral collaboration in keeping order and security, he said. The sound cooperation between Hanoi and Vientiane police also affirms the long-standing friendly relations and solidarity between Vietnam and Laos, he added. –VNA
Large room to stabilise exchange rates, interest rates According to the macroeconomic report 2018 and prospects for 2019 released by the Vietnam Brokerage and Investment Banking (MBS), the monetary policy in 2018 was operated in a more cautious manner as the State Bank of Vietnam (SBV) actively controlled the credit growth rate and money supply. Interest rates tended to increase slightly at the end of the year but the rise was negligible. The monetary policy in 2019 is anticipated to follow the cautious trend in 2018. “We expect that the positive economic growth trend will continue to be maintained in 2019. The macroeconomy will be kept stable in addition to the stability of inflation, interest rates and exchange rates, while the surplus in the balance of payments will support the increase in foreign exchange reserves,” MBS stated. According to MBS, foreign exchange reserves were consolidated and maintained at a fairly high level of US$63.5 billion as the SBV bought US$11 billion in 2018, thus creating conditions to stabilise exchange rates. In 2019, the SBV has good conditions to actively manage flexible exchange rates within the safe margin thanks to an abundant supply of the US dollar and a stable macroeconomy. “The SBV still regulates 0% interest rate for US dollar deposits for both individual and organisation customers. Meanwhile, the deposit interest rate for Vietnamese dong has been kept stable since the beginning of the year. The difference in the US dollar and Vietnamese dong deposits interest rates are quite high… [Read full story]
In recent years, thousands of Mai Anh Dao trees have been relocated around Xuan Huong Lake and many other roads in the city, gradually creating a charming “Mai Anh Dao space”. The pink colour of this flower has stirred amazement and passion in many travelers. In the spring, Mai Anh Dao blooms throughout the streets. From inner streets of Tran Hung Dao, Hung Vuong, Le Dai Hanh, Ho Tung Mau and around the Xuan Huong Lake, to suburb area such as Trai Mat, Xuan Tho, Xuan Truong and the roads around Tuyen Lam Lake’s national tourist area, visitors can enjoy the beauty of the five-petaled pink flower. It can be said that Mai Anh Dao cherry blossom is the “specialty” of the Da Lat city in the spring.
Each year the festival takes place on the 13th day of the first lunar month. The aim of the procession is for villagers to commemorate the Tam Lang Kingdom which existed during the 6th Hung Due Vuong period and struggled to bring peace to the nation. The villagers worship him as a deity of the village. Whenever an enemy threatened the area, the villagers would prepare a feast of steamed sticky rice and pork to offer to the general and his troops before their battles and following their victories. The festival takes place between 6pm and midnight during the thirteenth day of the first lunar month. Large carcasses of pigs are paraded along the village path leading to the communal house as an offering. Both adults and children are keen to partake in the festival. Vibrant dance performances entertain crowds during the festival. A large number of local people and visitors gather together at the event, those present pray for a year ahead of health and luck for themselves and their relatives. At 9pm the pigs of each of the 17 communes are picked by the villagers as an offering. The pig offerings were raised with extra special care this year. The biggest pig weighed up to 270kg. Following the ritual ceremony held by the elders, the pigs are returned to their communes and divided among local households. Each year the festival takes place on the 13th day of the first lunar month. The aim of the procession is for… [Read full story]
Addressing an audience including Ivanka Trump, daughter of US President Donald Trump, Merkel defended plans for a new gas pipeline from Russia to Germany that he has criticised. During a question and answer session, she added that it would be wrong to exclude Russia politically. “Geostrategically, Europe can’t have an interest in cutting off all relations with Russia.” Merkel appealed for global cooperation on a range of issues from dealing with Iran to preventing another migrant crisis. Responding to the question on international relations posed by the conference organisers – “The Great Puzzle: Who Will Pick Up the Pieces?” – Merkel responded to loud applause: “Only all of us together.” International Monetary Fund Managing Director Christine Lagarde was among those who stood up to applaud Merkel.
>>> Central, Central Highland regions asked to fully tap tourism potential The event gathered over 500 delegates from public agencies and the regions’ 19 cities and provinces, as well representatives from international organisations, businesses and foreign embassies. The conference spent a lot of time to listen to the comments from multiple leading businesses who are strategic investors contributing strongly to the regional economic development, such as Laguna, Vietjet, Vietravel, Sun Group, Vina Capital and BRG. Speaking at the event, PM Phuc expressed his wish to develop a tourism development cluster in the Central and Central Highlands regions to maximise the local potentials of natural resources. The regions bear in the most of Vietnam’s tourism resources, with a range of cultural heritages and diverse cultural treasures, which are qualified to form cultural tourism development groups related to history, ecotourism, hills and caves. The development of tourism into clusters will lead to the growth of other related industries, including infrastructure, aviation, accommodation, banking, insurance, health care and security and safety. PM Phuc also expressed his hope that local leaders would realise the proposals from experts and businesses to beautify the country’s tourism image, thus facilitating the ability to attract investment and promote the efficiency of tourism promotion on the national scale. The Central and Central Highlands regions are home to a lot of tourist destinations, attracting a large number of domestic and foreign travelers, with huge potentials for tourism, especially sea and eco-tourism, thanks to multiple famous mountains, lakes and waterfalls. In… [Read full story]
The week-long events include a string of activities including a photo exhibition on Truc Lam Zen Buddhism, a display of UNESCO-recognised woodblocks from Vinh Nghiem Pagoda, a rural market, and the inauguration of Thuong pagoda. According to Nguyen Van Linh, Chairman of Bac Giang provincial People’s Committee, the province targets to attract more than VND40 trillion in investment to foster local tourism development. The provincial authorities have provided the most favourable conditions for investors in the locality, he reaffirmed, adding that a range of measures have been taken to increase connectivity in tourism, diversify tourist products and enhance human resource training for those working in the sector. Also this morning, locals and visitors flocked to Pa Uon bridge in Quynh Nhai district, Son La province, to attend the opening ceremony of the traditional boat racing festival. The race attracted more than 400 athletes from 10 communes in the district, as well as teams from the neighbouring provinces of Dien Bien and Lai Chau, and Huaphanh district, Laos. It is held under the framework of the ongoing Quynh Nhai district’s culture, sports and tourism week 2019, which features assorted cultural and sporting events, various folk games, and arts performances.