World Bank CEO Kristalina Georgieva (Photo: VNA) HCM City (VNA) – The southern metropolis of Ho Chi Minh City and the World Bank have agreed to shake hands to improve the quality of life for the city dwellers. The agreement was reached by Chairman of the municipal People’s Committee Nguyen Thanh Phong and Chief Executive Officer of the World Bank Kristalina Georgieva during their meeting in the city on March 24 morning. Phong thanked the bank for supporting the city to carry out projects to address such major issues as environment pollution, climate change adaptation, and local living standard improvement. The city’s authorities pledged to make effective use of the WB loans and closely work with the bank to implement the aforesaid projects for the sake of the people, he said. He expressed his belief that the WB in Vietnam will continue its active role in developing the bilateral sound relations. The Chairman pledged to direct competent agencies to ensure the … [Read more...] about HCM City, World Bank cooperate to improve local life quality
City cooperative bank matunga
Kon Tum – HCM City: Cooperation for Joint Development
Kon Tum - HCM City: Cooperation for Joint Development After 10 years of carrying out the socioeconomic development cooperation programme from 2006 to 2015, with the ongoing efforts of the government, businesses and citizens, the traditional relationship between Kon Tum province and Ho Chi Minh City continues to be consolidated and strengthened. The fruitful cooperation has produced important results in all aspects like economic growth, economic restructuring, poverty reduction and people’s livelihood improvement. Specifically, tourism cooperation promotion and advertisement was effectively organised by two localities, brought in remarkable results, contributed to stable tourist arrival growth, created and introduced the image of Kon Tum - a friendly, hospitable destination - to HCM City residents and visitors alike. Besides, the cooperation provided business opportunities for local tourism companies to exchange experience, join hands to expand the market, and contact with … [Read more...] about Kon Tum – HCM City: Cooperation for Joint Development
Int’l Economic Cooperation Bank President to Visit Vietnam
Int'l Economic Cooperation Bank President to Visit Vietnam President of the International Bank for Economic Cooperation (MBES) V. V. Bely will visit Vietnam in mid-March to study economic development, state media reported February 28. It will be Bely’s first visit to Vietnam since he became MBES President July 13, 2007. The tour is aimed at studying import-export, investment environment and the government’s preferential policies for international organizations. The MBES official also hopes that the visit will pave the way for the bank to set up and boost relations with several commercial banks to seek for development and cooperation opportunities. MBES is interested in investment in tourism, environmental protection and light industry. The MBES President is scheduled to meet the Vietnamese prime minister and have working sessions with leaders of the Ministry of Finance, Ministry of Planning and Investment, the State Bank of Vietnam, the Hanoi and Ho Chi Minh … [Read more...] about Int’l Economic Cooperation Bank President to Visit Vietnam
Cooperative bank established
The Governor of the State Bank of Viet Nam granted a license to establish the Cooperative Bank of Viet Nam at the request of the Central People's Credit Fund on Tuesday.— Photo cafeland HA NOI (Biz Hub)— The Governor of the State Bank of Viet Nam granted a license to establish the Cooperative Bank of Viet Nam at the request of the Central People's Credit Fund on Tuesday. The bank will be headquartered in Nguyen Thi Dinh street in Ha Noi's Cau Giay District. Its charter capital will be VND3 trillion (US$142 million) sourced from the State, the fund's members and other legal entities. The bank, licensed to operate nationwide for 99 years, will be allowed to set up a network of domestic and foreign branches once it secures the central bank's written approval.—VNS … [Read more...] about Cooperative bank established
Vietnamese, Chinese Cities Cooperate in Sea Route Promotion
Vietnamese, Chinese Cities Cooperate in Sea Route Promotion Officials from Ha Long Bay, the renowned World Heritage Site in northern Quang Ninh province, and China’s Beihei City have signed an agreement in Guangxi, bringing the two cities together in a spirit of cooperation to develop tourism, trade and human resource training. The two sides will work together to market tourism between the two cities and the two countries generally, enhance the quality of tourism services and increase their mutual knowledge. To further strengthen ties between the two localities, delegations will be sent in both directions each year for exchanges of trade, culture and tourism. Quang Ninh and Chinese Guangxi inked a deal last year to reopen a roundtrip tour after two years without such a service. Accordingly, tourists will arrive at Guangxi province on the Vinashin Rose hydrofoil departing from Hong Gai port in Quang Ninh, home to the world heritage site, Ha Long Bay. The two countries plan … [Read more...] about Vietnamese, Chinese Cities Cooperate in Sea Route Promotion