Day: July 30, 2021

National Assembly Chairman Vuong Dinh Hue has issued a resolution on adopting Prime Minister Pham Minh Chinh’s proposal on the appointment of Pham Binh Minh, Le Minh Khai, Vu Duc Dam and Le Van Thanh as Deputy Prime Ministers for the 2021-2026 tenure.

The NA chairman also signed a resolution on passing State President Nguyen Xuan Phuc’s proposal on the appointment of Vice President and members of the National Defence and Security Council. Under the resolution, Prime Minister Pham Minh Chinh assumes the post as Vice President of the council. NA Chairman Hue, Minister of Public Security To Lam, Minister of National Defence Phan Van Giang and Minister of Foreign Affairs Bui Thanh Son are its members.

The NA chairman also passed a resolution on the appointment of 22 ministers and other Cabinet members for the 2021-2026 tenure at the proposal of Prime Minister Chinh.

They are Minister of Public Security To Lam, Minister of National Defence Phan Van Giang, Minister of Foreign Affairs Bui Thanh Son, Minister Home Affairs Pham Thi Thanh Tra, Minister of Justice Le Thanh Long, Minister of Planning and Investment Nguyen Chi Dung, Minister of Finance Ho Duc Phoc, Minister of Industry and Trade Nguyen Hong Dien, Minister of Agriculture and Rural Development Le Minh Hoan, Minister of Transport Nguyen Van The, Minister of Construction Nguyen Thanh Nghi, Minister of Natural Resources and Environment Tran Hong Ha, Minister of Information and Communications Nguyen Manh Hung, Minister of Labour, Invalids, and Social Affairs Dao Ngoc Dung, Minister of Culture, Sports and Tourism Nguyen Van Hung, Minister of Science and Technology Huynh Thanh Dat, Minister of Education and Training Nguyen Kim Son and Minister of Health Nguyen Thanh Long.

The Cabinet has four heads of ministerial-level bodies, namely Minister-Chairman of the Committee for Ethnic Minority Affairs Hau A Lenh, Governor of the State Bank of Vietnam Nguyen Thi Hong, and Inspector General of the Government Inspectorate of Vietnam Doan Hong Phong and Minister-Chairman of the Government Office Tran Van Son.

The resolutions took effect on July 28.

Source: Vietnam News Agency

Vietnam ranks 39th among 160 countries and territories, and third in the Association of Southeast Asian Nations (ASEAN) in logistics performance index (LPI), heard a workshop held by the Ministry of Industry and Trade (MoIT) on July 30.

The country is also placed among the top emerging markets with a growth rate ranging from 14-16 percent, Deputy Minister of Industry and Trade Tran Quoc Khanh said.

The official highlighted in an increase in the number of logistics firms, and improved logistics services, saying they are the outcomes of efforts made by both businesses and the Government.

Tranh Thanh Hai, Deputy Director of the MoIT’s Agency of Foreign Trade, said Vietnam’s total export-import revenue in the 2010-2020 period tripled the value recorded earlier.

The logistics sector plays a significant role in the national economic development, including export-import activities, goods circulation at home and production, the official said.

He stressed the significance of logistics services in such localities as Ba Ria-Vung Tau, Ho Chi Minh City, Hai Phong, Hanoi and Da Nang, saying they serve as momentum for regional and local socio-economic development.

Hai affirmed that the Government, ministries, agencies and businesses have always paid attention to cutting logistics costs to improve competitiveness of the country and enterprises in particular.

Experts at the workshop shared the view on the need for the logistics sector to develop high-quality personnel, step up IT application and modernise its management and operation methods to reduce costs and improve service quality.

Vietnam’s logistics sector is expected to contribute 5-6 percent to the country’s GDP, record a growth rate of 15-20 percent and rank 50th in the global LPI by 2025.

Source: Vietnam News Agency