The Vice Premier: Commerce and Industry Must Be the Vanguard

In a meeting with the Ministry of Industry and Trade on the afternoon of September 17, Deputy Prime Minister Bui Thanh Son instructed the ministry to continue refining its institutional framework to address challenges and facilitate development. This includes unblocking stalled projects, such as those in the power and gas sectors, to unlock resources for economic and social recovery.

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On September 17, Deputy Prime Minister Bui Thanh Son worked with the Ministry of Industry and Trade on the implementation of assigned tasks over the past eight months, difficulties, and solutions to promote in the coming time.

Speaking at the meeting, Minister of Industry and Trade, Nguyen Hong Dien, said that since the beginning of the term, the industry and trade sector has faced a series of challenges, including the COVID-19 pandemic, which disrupted supply chains; economic crises and geopolitical conflicts worldwide, which greatly affected the country’s import and export activities. In addition, there have been many personnel changes and a lack of leaders in the industry and trade sector.

Deputy Prime Minister Bui Thanh Son raised three issues for the industry and trade sector to focus on in the coming time.

The Minister of Industry and Trade proposed that the Government, the Prime Minister, Deputy Prime Minister Bui Thanh Son, and relevant ministries, sectors, and localities continue to support and assist the industry and trade sector in fulfilling its tasks, contributing to the country’s socio-economic development.

At the meeting, Deputy Prime Minister Bui Thanh Son recognized and commended the contributions of the leadership of the Ministry of Industry and Trade since the beginning of the term and over the past eight months. He also raised three issues for the industry and trade sector to focus on in the coming time.

Specifically, the industry and trade sector needs to continue improving the institutional system to remove obstacles and create favorable conditions for development. The Minister of Industry and Trade should directly direct the improvement of the legal system, including laws and legal documents, such as the amendment of the Law on Electricity, the Law on Chemicals, and many decrees.

“Leading the Way: Danang’s Trailblazing Spirit in Three Key Areas”

Working with the Danang Municipal Party Committee, Prime Minister Pham Minh Chinh expects Danang to be a pioneer and breakthrough city, “leading the way” in important areas and new driving forces for rapid, comprehensive, harmonious, and sustainable development. Danang is envisioned to excel as a key growth and development hub, not just for Central Vietnam but for the entire country.

The Economic Report for the 14th Party Congress: A Data-Driven Approach

On the afternoon of August 21st, Pham Minh Chinh, Member of the Politburo and Prime Minister of the Government of the Socialist Republic of Vietnam, chaired a meeting of the Standing Committee of the Sub-Committee on Socio-Economic Affairs of the 14th National Congress of the Communist Party of Vietnam. As the Head of the Sub-Committee, he led the discussions alongside the Standing Committee’s Editorial Team.

The Ocean Freight ‘Blows Away’ Profits: A Costly Conundrum for Businesses

“The surge in ocean freight rates poses a significant threat to the competitiveness of import-export businesses, warn experts. The spiraling costs could potentially disrupt supply chains and undermine the viability of companies engaged in international trade.”