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State President proposes relieving Prime Minister - Politics & Laws - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: April, 01/2021 - 19:06 | Prime Minister Nguyễn Xuân Phúc. VNA/VNS Photo  HÀ NỘI Party General Secretary and State President Nguyễn Phú Trọng on Thursday presented to the National Assembly a proposal on relieving Prime Minister Nguyễn Xuân Phúc, as part of the 11th meeting of the 14th National Assembly (NA). NA deputies then discussed the proposal in groups. The NA Standing Committee will report the discussion outcomes to the legislature on Friday. The NA will then vote on the relief of Phúc from his position. Nguyễn Xuân Phúc was elected as Prime Minister for the 2016-2021 tenure at the first session of the 14th National Assembly in July 2016.

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HCM City to promote trade, investment in Germany's Bremen state - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: April, 01/2021 - 14:49 |   Speakers at a seminar on trade promotion and investment with the Bremen market organised by the Investment and Trade Promotion Centre of HCM City. Photo courtesy of the centre HCM CITY HCM City and Germany’s Bremen State have great potential for cooperation in trade and investment in a range of fields, Hoàng Thị Hương, chief representative of BremenInvest, a trade and investment services provider, has said. When investing in Bremen state, Vietnamese businesses need to pay attention to products and services that have high-tech content as well as environmental factors and consumer health, Hương said at a seminar held on Wednesday in HCM City.

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Masan Group targets $3.98-4.4 billion net revenues in 2021 - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: April, 01/2021 - 14:51 |   Dr Nguyễn Đăng Quang, chairman of Masan Group, lays out the company’s five-year plan at the AGM of the company and its two subsidiaries held in Lào Cai on April 1. Photo courtesy of MSN SAPA Masan Group Corporation (HOSE: MSN) targets net revenues of VNĐ92-102 trillion (US$3.98-4.4 billion) this year, an increase of 19 – 32 per cent from last year, and profit after tax and minority interest of VNĐ2.5-4 trillion ($108.3-173.3 million), a rise of 103– 224 per cent. It targets an earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin of 15-20 per cent and NPAT margin of 3-5 per cent due to a positive EBITDA margin for VinCommerce (VCM) and an improving EBITDA margin for Masan MEATLife (MML).

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Foreign parliament leaders congratulate new NA Chairman - Politics & Laws - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: April, 01/2021 - 12:24 |   Vương Đình Huệ at the swearing-in ceremony as Chairman of the National Assembly of Việt Nam. VNA/VNS Photo Trọng Đức HÀ NỘI  Leaders of the parliaments of Laos, China and Japan have sent congratulatory letters to the newly-elected Chairman of the National Assembly (NA) and the National Election Council (NEC) Vương Đình Huệ. In his letter, Chairman of the Lao NA Saysomphone Phomvihane expressed his belief that with his capability and rich experience, Huệ will lead the NA, the highest organ of State power of Việt Nam, to successfully perform its important legislative role and contribute to the cause of national defence and construction, enhancing Việt Nam’s position in regional and international forums.

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Experts gather to discuss solutions for Việt Nam's economy development - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: April, 01/2021 - 10:38 | Labour productivity rates in Vietnam increased 6.2 per cent on-year in 2019.– Photo vir HÀ NỘI – Senior experts and economists gathered for a seminar held in the capital city yesterday to assess Việt Nam’s economic development and its prospects in 2021 as well as announcing the Vietnam Annual Economic Review 2020. Participants said in the complicated situation of the COVID-19 pandemic, with serious impacts on global economies, Việt Nam s quick and appropriate responses helped successfully contain the pandemic and ensure positive economic growth.   Việt Nam was the only country in ASEAN and one of few countries in the world, to achieve positive growth

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