New decision on encouraging overseas Vietnamese remittances

Fri, 06/21/2002 - 11:08


Ha Noi, June 19 (VNA) -- Prime Minister Phan Van Khai has signed Decision No. 78/2002/QD-TTg to amend and supplement Decision No. 170/1999/QD-TTg dated August 19, 1999 on encouraging overseas Vietnamese to transfer money back to the country.

Role of press in national construction and development

Fri, 06/21/2002 - 10:41


Ha Noi, June 20 (VNA) -- The revolutionary press of Viet Nam has developed quantitatively and qualitatively over its 77-year development course.

It has been serving as a vanguard force in the cultural and ideological front and a reliable mainstay of the Party and the people.

The Fitch gave Vietnam positive ratings

Sat, 06/15/2002 - 22:20

Ha Noi, June 14 (VNA) -- The international rating agency, Fitch Ratings, on Wednesday assigned foreign and local currency long-term debt ratings of "BB-"(BB minus) and "BB", respectively, to Viet Nam. The outlook of these ratings was positive.

The agency also assigned short-term foreign currency rating of "B" to the country, it said in its June 12 statement.

Fitch Ratings is the second international rating agency to assign positive ratings to Viet Nam.

Primary health care to all people

Sat, 06/15/2002 - 22:17


Ha Noi, June 15 (VNA) -- With a current contingent of medical workers at the grassroots level, Viet Nam basically has adequate conditions to give primary health care services to the people, said Public Health Minister Do Nguyen Phuong.

Minister Phuong said that Viet Nam now has infirmaries in 93.37 percent of the communes and wards nationwide, and medical workers in 74 percent of the villages and hamlets. More than 52 percent of the country's communal medical stations have doctors, he added.

Statement of FM Spokeswoman on Khmer compatriots in Nam Bo

Wed, 06/12/2002 - 17:59


The Khmer compatriots in Nam Bo are an indivisible part of the community of 54 brotherly ethnic groups co-residing in Vietnam.

For hundreds of years, Nam Bo has been a sacred territorial part of Vietnam. The Khmer compatriots residing in the Nam Bo are an indivisible part of the community of 54 ethnic groups co-residing on Vietnamese land.

Vietnamese sofware company wins contract from U.S company

Tue, 06/04/2002 - 23:25


Ho Chi Minh City, June 4 (VNA) -- Vietnamese software company TMA Solutions has won an outsourcing contract from U.S. technology company Critical Path.

The TMA will be working on Critical Path's communication platform software that is sold to Internet Service Providers, telecos, wireless carriers and postal authorities in the U.S. and Europe.

Private sector increases investment

Tue, 06/04/2002 - 23:23

Ha Noi, June 4 (VNA) -- The private sector invested almost VND 19,000 billion (USD 1.26 billion) in business during the first five months of this year, according to the Ministry of Planning and Investment.

The figure has brought the total private sector investment capital to VND 60,000 billion (USD 4 billion) since the implementation of the Enterprise Law in 2000. This investment has been poured mainly into industrial production and the processing of goods for export.

Standard&Poor's credit ratings is an achievement for Vietnam

Mon, 06/03/2002 - 16:43

Ministry of Finance answered question from Reuters correspondent: Could I ask your assistance in obtaining comment from the Finance Ministry on Standard & Poor's assignment of credit ratings for Vietnam and ask what implications this has for Vietnam's plans to issue bonds overseas. Given this rating, does the ministry plan to go ahead with plans to issue bonds internationally this year?

Answer:

WB provides VN USD 200 million credit to develop rural economy

Sun, 06/02/2002 - 23:27

Washington, June 1 (VNA) -- The World Bank (WB) on May 30 approved a USD 200 million credit for viet Nam to develop its rural economy.

The funds are part of the second Rural Finance Project which aims to help Viet Nam develop its rural economy and improve living conditions in rural areas by giving farm households and private rural entrepreneurs money to invest in developing their businesses. The project is also designed to strengthen the banking system's capacity to better serve the rural economy and to increase access of the rural poor to financial services.

Residence cards up to 3 years for foreigners in HCM city

Sun, 06/02/2002 - 23:24

Ho Chi Minh City, June 1 (VNA) -- As of July, overseas Vietnamese and foreigners residing in Ho Chi Minh City for more than one year will be granted permanent or temporary residence cards valid for one to three years.

Residence card holders will be exempted from entry and exit visas.

The announcement was jointly made by the Committee for Overseas Vietnamese in Ho Chi Minh City, the Immigration Department and the Ho Chi Minh City Police.

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