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Vietnam targets $7,500 GDP per capita by 2030: resolution

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Vietnam aims to achieve a gross domestic product (GDP) of US$7,500 per capita while meeting all the criteria of an industrialized country by 2030, as part of its aspiration to become a high-income developed country and one of the leading industrialized countries in Asia by 2045.

According to the latest data from the World Bank, Vietnam’s GDP per capita stood at $3,694.02 in 2021, a 4.76 percent increase from 2020.

These ambitious targets are set forth in a resolution passed at the sixth session of the 13th Party Central Committee that wrapped up last month.

Under the resolution, which was signed by Party General Secretary Nguyen Phu Trong, Vietnam is set to become a developing country with modern industry, high average income per capita, and enhanced living standards by 2030. 

Along with the $7,500 GDP per capita, the other specific targets for 2030 include the average GDP growth of seven percent per year at current prices, and the gross national income (GNI) of over $7,000 per capita at current prices.

The Southeast Asian nation will be built into a high-capacity and self-reliant industry that is highly adaptable and resilient, gradually mastering core and background technologies of the foundational, priority and spearhead industries within seven years, according to the resolution.

By that time, the nation’s total factor productivity (TFP)’s contribution to economic growth will reach over 50 percent, and its global innovation index (GII) will be among those of the group of 40 leading countries in the world.

In the ASEAN area, Vietnam will be among the three countries leading the region in industrial competitiveness, with its industry share in GDP exceeding 30 percent and the rate of hi-tech industrial products in processing and fabrication sectors attaining more than 45 percent.

Meanwhile, the proportion of the service sector will account for over 50 percent of GDP, with tourism alone representing 14-15 percent of GDP.

In addition, the proportion of agricultural laborers in total social labor will be less than 20 percent, while the rate of trained workers with high qualifications will range from 35 to 40 percent.

Notably, the resolution also set an ambitious target to train over 80 percent of the working-age population in basic digital skills while the nation will have about 260 university students per ten thousand inhabitants by 2030.

The country will build up a number of large-scale, multinational domestic industrial corporations and enterprises with global competitiveness in fundamental industries, priority industries, and spearhead industries.

It will build and develop a number of domestic industrial clusters with large-scale and international competitiveness, and own a number of industrial and agricultural value chains.

The country also aims to build a self-reliant, self-strengthening, modern, and dual-use defense industry that meets both defense and military needs and directly participates in socio-economic development and serving the people.

The share of the digital economy is expected to make up 30 percent of GDP and the nation will complete the construction of a digital government, earning a place among the top 50 countries in the world and ranking third in the ASEAN region in terms of e-government and digital economy.

The resolution also sets an urbanization rate of over 50 percent, the environmental performance index (EPI) at over 55, and the human development index (HDI) more than 0.7 by 2030.

It requires building and perfecting institutions and policies to promote the country’s industrialization and modernization process, in which science and technology advances, especially achievements of the Fourth Industrial Revolution, should be applied broadly in order to create breakthroughs in productivity, quality, efficiency, and competitiveness of enterprises, industries and the whole economy. 

As projected in the resolution’s long-term vision, Vietnam will strive to become a developed country with high income per capita in the world by 2045.

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Source: https://tuoitrenews.vn/news/society/20221129/vietnam-targets-7500-gdp-per-capita-by-2030-resolution/70242.html

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Vietnam’s Da Lat City overcrowded with vehicles of Tet goers

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All major streets in Vietnam’s tourist highland city of Da Lat were packed with vehicles on Thursday, the last day of the seven-day Tet break (2023 Lunar New Year) as so many personal cars and passenger vans traveled to the city.

The traffic jams were serious as so many vehicles entered the city center even though the number of visitors during this Tet was not too big compared to last year’s edition, as noted by Tien Phong (Youth) newspaper reporters.

Tran Manh Son, a visitor from Ho Chi Minh City, told Tien Phong that it took him nearly an hour to drive his family in his car for a distance of about three kilometers from a hotel on Trieu Viet Vuong Street to Tran Hung Dao Street.

“Cars and larger vehicles were overloaded everywhere, so many cars inched a bit, as slow as walking,” Son said.   

The area of Xuan Huong Lake was constantly congested from 8:30 am to 11:00 am, and the same situation was recorded in many other sites, including the city’s flower garden, the Ong Dao Bridge, the Da Lat market roundabout, and the intersection of Dinh Tien Hoang, Tran Quoc Toan, and Bui Thi Xuan Streets.

Police officers were deployed on many streets to regulate traffic and guide vehicles to change their directions to avoid entering the ways leading to traffic jam sites.

Vinh, the driver of a 50-seater long-haul bus, said he picked up passengers on Hoang Van Thu Street but could not drive them to Domaine Church on Ngo Quyen Street because of the serious congestion that had lasted for more than an hour.

He added his passengers wanted to change their destination to avoid the jam but he failed to turn the bus to any other directions to get out of the congested site.

“Now I can do nothing but wait for the congestion to ease,” Vinh said.

Nguyen Hung Minh, a long-haul bus driver, said he drove passengers to Da Lat on Tuesday and has since witnessed such traffic jams at the city’s gateways.

The Da Lat administration blamed the serious congestion on personal cars and long-haul buses that had come to this tourist destination, which is the capital city of Lam Dong Province in the Central Highlands region. 

Such traffic jams have partly affected the quality of tours to Da Lat, local authorities said.

A traffic police officer is seen asking a car driver to change his direction to avoid entering the ongoing congestion site in Da Lat. Photo: Mai Vinh / Tien Phong

A traffic police officer is seen asking a car driver to change his direction to avoid entering the ongoing congestion site in Da Lat. Photo: Mai Vinh / Tien Phong

This image shows many personal cars and long-haul buses in a traffic jam in Da Lat City on January 26, 2023. Photo: Mai Vinh / Tien Phong

This image shows many personal cars and long-haul buses in a traffic jam in Da Lat City on January 26, 2023. Photo: Mai Vinh / Tien Phong

Many young people are seen still joyful despite being stuck in traffic congestion on a street in Da Lat City on January 26, 2023. Photo: Mai Vinh / Tien Phong

Many young people are seen still joyful despite being stuck in traffic congestion on a street in Da Lat City on January 26, 2023. Photo: Mai Vinh / Tien Phong

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All major streets in Vietnam’s tourist highland city of Da Lat were packed with vehicles on Thursday, the last day of the seven-day Tet break (2023 Lunar New Year) as so many personal cars and passenger vans traveled to the city.

The traffic jams were serious as so many vehicles entered the city center even though the number of visitors during this Tet was not too big compared to last year’s edition, as noted by Tien Phong (Youth) newspaper reporters.

Tran Manh Son, a visitor from Ho Chi Minh City, told Tien Phong that it took him nearly an hour to drive his family in his car for a distance of about three kilometers from a hotel on Trieu Viet Vuong Street to Tran Hung Dao Street.

“Cars and larger vehicles were overloaded everywhere, so many cars inched a bit, as slow as walking,” Son said.   

The area of Xuan Huong Lake was constantly congested from 8:30 am to 11:00 am, and the same situation was recorded in many other sites, including the city’s flower garden, the Ong Dao Bridge, the Da Lat market roundabout, and the intersection of Dinh Tien Hoang, Tran Quoc Toan, and Bui Thi Xuan Streets.

Police officers were deployed on many streets to regulate traffic and guide vehicles to change their directions to avoid entering the ways leading to traffic jam sites.

Vinh, the driver of a 50-seater long-haul bus, said he picked up passengers on Hoang Van Thu Street but could not drive them to Domaine Church on Ngo Quyen Street because of the serious congestion that had lasted for more than an hour.

He added his passengers wanted to change their destination to avoid the jam but he failed to turn the bus to any other directions to get out of the congested site.

“Now I can do nothing but wait for the congestion to ease,” Vinh said.

Nguyen Hung Minh, a long-haul bus driver, said he drove passengers to Da Lat on Tuesday and has since witnessed such traffic jams at the city’s gateways.

The Da Lat administration blamed the serious congestion on personal cars and long-haul buses that had come to this tourist destination, which is the capital city of Lam Dong Province in the Central Highlands region. 

Such traffic jams have partly affected the quality of tours to Da Lat, local authorities said.

A traffic police officer is seen asking a car driver to change his direction to avoid entering the ongoing congestion site in Da Lat. Photo: Mai Vinh / Tien Phong

A traffic police officer is seen asking a car driver to change his direction to avoid entering the ongoing congestion site in Da Lat. Photo: Mai Vinh / Tien Phong

This image shows many personal cars and long-haul buses in a traffic jam in Da Lat City on January 26, 2023. Photo: Mai Vinh / Tien Phong

This image shows many personal cars and long-haul buses in a traffic jam in Da Lat City on January 26, 2023. Photo: Mai Vinh / Tien Phong

Many young people are seen still joyful despite being stuck in traffic congestion on a street in Da Lat City on January 26, 2023. Photo: Mai Vinh / Tien Phong

Many young people are seen still joyful despite being stuck in traffic congestion on a street in Da Lat City on January 26, 2023. Photo: Mai Vinh / Tien Phong

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Source: https://tuoitrenews.vn/news/society/20230127/vietnams-da-lat-city-overcrowded-with-vehicles-of-tet-goers/71148.html

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Nha Trang – Saigon railway upgrade project launched

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A project to upgrade and renovate the railway route that connects Vietnam’s south-central coastal city of Nha Trang and its southern economic hub Ho Chi Minh City kicked off on Thursday, the last day of the seven-day Tet break (2023 Lunar New Year).

The launching ceremony for the project took place at the Thap Cham railway station in south-central Ninh Thuan Province with the attendance of Prime Minister Pham Minh Chinh and many other high-ranking central and local officials, the Vietnam News Agency reported.

The Nha Trang – Saigon railway route is 411 kilometers long, starting from Nha Trang in Khanh Hoa Province and ending in Ho Chi Minh City after running through Ninh Thuan, Binh Thuan, Dong Nai, and Binh Duong Provinces.

The project, expected to be complete in 2025, is estimated to cost VND1,099 billion (US$46.7 million) from the medium-term budget capital source for 2021-25, according to the project management board.

It is aimed at improving the quality and size of the railway infrastructure, thereby increasing transport capacity, enhancing traffic safety, and facilitating the transport of passengers and cargo on the route that links six localities. 

Prime Minister Pham Minh Chinh (L) is seen shaking hands with railway engineers and workers at the Thap Cham railway station in Ninh Thuan Province, south-central Vietnam on January 26, 2023. Photo: Vietnam News Agency

Prime Minister Pham Minh Chinh (L) is seen shaking hands with railway engineers and workers at the Thap Cham railway station in Ninh Thuan Province, south-central Vietnam on January 26, 2023. Photo: Vietnam News Agency

Under the project, all weak bridges on the route will be repaired and upgraded, the railway infrastructure will be renovated and modernized, and some terminals of passenger and goods will be reformed or consolidated, among other components including new constructions.

Addressing the ceremony, PM Chinh asked the Ministry of Transport to direct all the contractors, consultants, and supervisors to mobilize all possible resources and take necessary steps to ensure the project will be implemented efficiently, safely, and on schedule.

In addition, the project must comply with requirements on environmental protection during its implementation, the government leader said.

He asked all the ministries, agencies, and local authorities involved in the project to cooperate with each other effectively to make it a success.

Investment in public transport infrastructure in general and railway systems in particular is not only the duty of the transport ministry, but also the leading political task of local authorities of all related provinces and cities, the PM emphasized.

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A project to upgrade and renovate the railway route that connects Vietnam’s south-central coastal city of Nha Trang and its southern economic hub Ho Chi Minh City kicked off on Thursday, the last day of the seven-day Tet break (2023 Lunar New Year).

The launching ceremony for the project took place at the Thap Cham railway station in south-central Ninh Thuan Province with the attendance of Prime Minister Pham Minh Chinh and many other high-ranking central and local officials, the Vietnam News Agency reported.

The Nha Trang – Saigon railway route is 411 kilometers long, starting from Nha Trang in Khanh Hoa Province and ending in Ho Chi Minh City after running through Ninh Thuan, Binh Thuan, Dong Nai, and Binh Duong Provinces.

The project, expected to be complete in 2025, is estimated to cost VND1,099 billion (US$46.7 million) from the medium-term budget capital source for 2021-25, according to the project management board.

It is aimed at improving the quality and size of the railway infrastructure, thereby increasing transport capacity, enhancing traffic safety, and facilitating the transport of passengers and cargo on the route that links six localities. 

Prime Minister Pham Minh Chinh (L) is seen shaking hands with railway engineers and workers at the Thap Cham railway station in Ninh Thuan Province, south-central Vietnam on January 26, 2023. Photo: Vietnam News Agency

Prime Minister Pham Minh Chinh (L) is seen shaking hands with railway engineers and workers at the Thap Cham railway station in Ninh Thuan Province, south-central Vietnam on January 26, 2023. Photo: Vietnam News Agency

Under the project, all weak bridges on the route will be repaired and upgraded, the railway infrastructure will be renovated and modernized, and some terminals of passenger and goods will be reformed or consolidated, among other components including new constructions.

Addressing the ceremony, PM Chinh asked the Ministry of Transport to direct all the contractors, consultants, and supervisors to mobilize all possible resources and take necessary steps to ensure the project will be implemented efficiently, safely, and on schedule.

In addition, the project must comply with requirements on environmental protection during its implementation, the government leader said.

He asked all the ministries, agencies, and local authorities involved in the project to cooperate with each other effectively to make it a success.

Investment in public transport infrastructure in general and railway systems in particular is not only the duty of the transport ministry, but also the leading political task of local authorities of all related provinces and cities, the PM emphasized.

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Source: https://tuoitrenews.vn/news/society/20230127/nha-trang-saigon-railway-upgrade-project-launched/71145.html

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152 traffic accidents kill 89 throughout Vietnam during Tet

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Eighty-nine people were killed and 111 others were injured in 152 crashes across Vietnam during the seven-day 2023 Tet (Lunar New Year) holiday starting January 20, the National Traffic Safety Committee reported on Thursday, citing the Ministry of Public Security.

Compared to the same period of last year’s Tet, the numbers of crashes and fatalities declined by 12 and three, respectively, while the injuries rose by eight.

Among the total traffic accidents, 147 cases happened on roads, four occurred on rails, and one in waterway traffic. 

Nineteen accidents occurred on Thursday, the last day of the Tet break and the fifth day of the Lunar New Year, killing 12 people and injuring 15 others.

During the week-long holiday, traffic police officers handled 21,990 cases of road traffic violations, imposed fines totaling some VND50.4 billion (US$2.15 million) on the violators, impounded 639 cars, 9,910 motorbikes and 50 other vehicles, and revoked 4,950 driver’s licenses.

Among the traffic violators were 7,726 drivers under the influence of alcohol, 2,211 overspeeding, and 17 abusing drugs.

Medical facilities across the country received 26,411 cases requiring medical examination and mergency treatment due to traffic accidents from 7:00 am on January 20 to 7:00 am on Thursday.

This figure does not exclude duplicate data in cases of one person visiting multiple hospitals, according to the National Traffic Safety Committee.

The traffic safety agency said that the waves of people coming back to big cities such as Hanoi and Ho Chi Minh City for work after Tet increased remarkably on Thursday.

However, there was no serious traffic congestion at gateways to the metropolitan areas but some local traffic jams such as bottlenecks on the Hanoi-Hai Phong and Phap Van-Cau Gie Expressways in Hanoi and the gridlock on the Rach Mieu Bridge, which lies along a major route connecting Ho Chi Minh City and provinces in Vietnam’s Mekong Delta.

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Eighty-nine people were killed and 111 others were injured in 152 crashes across Vietnam during the seven-day 2023 Tet (Lunar New Year) holiday starting January 20, the National Traffic Safety Committee reported on Thursday, citing the Ministry of Public Security.

Compared to the same period of last year’s Tet, the numbers of crashes and fatalities declined by 12 and three, respectively, while the injuries rose by eight.

Among the total traffic accidents, 147 cases happened on roads, four occurred on rails, and one in waterway traffic. 

Nineteen accidents occurred on Thursday, the last day of the Tet break and the fifth day of the Lunar New Year, killing 12 people and injuring 15 others.

During the week-long holiday, traffic police officers handled 21,990 cases of road traffic violations, imposed fines totaling some VND50.4 billion (US$2.15 million) on the violators, impounded 639 cars, 9,910 motorbikes and 50 other vehicles, and revoked 4,950 driver’s licenses.

Among the traffic violators were 7,726 drivers under the influence of alcohol, 2,211 overspeeding, and 17 abusing drugs.

Medical facilities across the country received 26,411 cases requiring medical examination and mergency treatment due to traffic accidents from 7:00 am on January 20 to 7:00 am on Thursday.

This figure does not exclude duplicate data in cases of one person visiting multiple hospitals, according to the National Traffic Safety Committee.

The traffic safety agency said that the waves of people coming back to big cities such as Hanoi and Ho Chi Minh City for work after Tet increased remarkably on Thursday.

However, there was no serious traffic congestion at gateways to the metropolitan areas but some local traffic jams such as bottlenecks on the Hanoi-Hai Phong and Phap Van-Cau Gie Expressways in Hanoi and the gridlock on the Rach Mieu Bridge, which lies along a major route connecting Ho Chi Minh City and provinces in Vietnam’s Mekong Delta.

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Source: https://tuoitrenews.vn/news/society/20230127/152-traffic-accidents-kill-89-throughout-vietnam-during-tet/71144.html

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