Reduction

$1.4b support package searched for for producers

HN — The Secretary of state for Finance has suggested towards the Government a support package worth roughly VND29 trillion (US$1.38 billion) to assist businesses revitalise production in the present economic system.Vu Nhu Thang, director from the ministry's Financial Strategy and Policy Institute stated the suggested measures not just concentrate on tax relief but additionally on public investing, cost management and administrative methods.Inside the package, public investing solutions came to almost

Nation discovers from South america poverty curb

South america – Deputy Pm Nguyen Thien Nhan visited South america to satisfy using the ministries of social development, hunger prevention and education and study from their encounters with sustainable poverty reduction.The Deputy Prime Minister's visit from April 16-18 is a component of the programme to look at poverty decrease in South america organised through the World Bank and also the Vietnamese Secretary of state for Work, War Invalids and Social Matters (MoLISA) together with relevant Brazilian

VN willing to boost overseas agricultural ties

Vietnam is willing to share experience and cooperate with countries in agricultural and rural development, especially through the South-South cooperation programme funded and coordinated by FAO.

VN, Lao Red Cross promote cooperation

Secretary of Lao Party Committee Chansy Phosikham has expressed hope that the Vietnamese and Lao Red Cross (LRC) will promote cooperation in activities in localities, particularly those sharing the same border.

Ministry seeks to raise poor's income

The Ministry of Labour, War Invalids and Social Affairs sets the target for this year to increase the incomes of households in poverty by 160 percent over last year's levels,

ADB aids poverty reduction in Vietnam

The Asian Development Bank (ADB) will provide 24.8 million USD in loans for Vietnam ’s policy reforms fostering the country’s inclusive growth and ensuring further poverty reduction.

WB finances highway, urban projects in Vietnam

The World Bank will provide Vietnam loans of $973 million to carry out three projects, covering highway, urban development and poverty reduction

Ministry targets 1.6 million extra jobs in 2012

The Ministry of Labour, War Invalids and Social Affairs (MoLISA) will strive to generate jobs for 1.6 million people and reduce the poverty rate by 2 percent in 2012.

Gov’t not to cut capital for poverty reduction

HCMC – The Government has decided not to cut down on capital sources for poverty reduction to ensure sustainability and stability in this activity, although public investments are being scaled down across the board, said the labor minister.

Jobs, insurance key issues on website

Social security, job creation, social insurance payments and labour export were the key issues raised by members of the public on an online website launched by the Ministry of Labour, Invalids and Social Affairs, yesterday.

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From Business

Firms advised to focus on TPP

HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems

Blue chips lead share plunge

HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the