PM Nguyen Xuan Phuc said Vietnam will facilitate Russian-invested oil and gas projects. Vietnam’s Prime Minister Nguyen Xuan Phuc on December 24 held a phone talk with his Russian counterpart Dmitry Medvedev to keep a close watch of cooperation activities, according to the Vietnamese Ministry of Foreign Affairs (MOFA). Vietnam’s Prime Minister Nguyen Xuan Phuc holds talks with Russian counterpart Dmitry Medvedev on Dec 24. Photo: Baodansinh The talk, which is described as of “openness and trust”, focused on results of the implementation of agreements signed in PM Phuc’s Russia visit in May 2019, and measures to boost the efficiency of bilateral coordination in different fields. The two leaders hailed joint work to lift barriers for agro-aquatic and seafood products, helping to fully tap advantages of Vietnam – Eurasian Economic Union Free Trade Agreement (Vietnam-EAEU FTA) amid global economic uncertainties. PM Phuc emphasized that Vietnam always … [Read more...] about Vietnam PM holds phone talk with Russian counterpart, focusing on oil cooperation
50th anniversary supercharged mark x
Australian Prime Minister’s Vietnam visit to give impulse to bilateral ties: Ambassador
In an interview granted to the Vietnam News Agency (VNA)'s resident correspondents in Sydney ahead of the Prime Minister's trip from June 3-4, Thanh said the visit takes place at a time when the two countries are celebrating the 50th founding anniversary of the bilateral diplomatic ties and the 5th anniversary of the strategic partnership. This is the second official visit to a Southeast Asian nation by Albanese since he took office, and the third to Vietnam by an Australian Prime Minister, the ambassador said, noting that the trip shows Prime Minister Albanese’s administration attaches importance to Vietnam. Thanh also recalled the visit to Vietnam by Australian Governor-General David Hurley in April, which was his only State-level visit to a Southeast Asian nation, and another trip to Vietnam by Minister for Trade and Tourism Don Farrell in the same month. In June 2022, Minister for Foreign Affairs Penny Wong selected Vietnam as the first ASEAN country to pay an official visit. … [Read more...] about Australian Prime Minister’s Vietnam visit to give impulse to bilateral ties: Ambassador
Australian PM’s Vietnam visit to give impulse to bilateral ties: Ambassador
Vietnamese Ambassador to Australia Nguyen Tat Thanh. (Photo: Vietnamese Embassy in Australia) Hanoi (VNA) – The upcoming visit to Vietnam by Australian Prime Minister Anthony Albanese will create momentum for bilateral cooperation in such potential areas as culture, investment, labour and people-to-people exchanges, Vietnamese Ambassador to Australia Nguyen Tat Thanh has said. In an interview granted to the Vietnam News Agency (VNA)'s resident correspondents in Sydney ahead of the PM’s trip from June 3-4, Thanh said the visit takes place at a time when the two countries are celebrating the 50th founding anniversary of the bilateral diplomatic ties and the 5th anniversary of the strategic partnership. This is the second official visit to a Southeast Asian nation by PM Albanese since he took office, and the third to Vietnam by an Australian PM, the ambassador said, noting that the trip shows PM Albanese’s administration attaches importance to Vietnam. Thanh also … [Read more...] about Australian PM’s Vietnam visit to give impulse to bilateral ties: Ambassador
Contributions of foreign direct investment cannot be denied
Contributions of foreign direct investment cannot be denied, illustration photo In recent years, there has been a viewpoint that foreign direct investment (FDI) is a foreign element rather than an organic part of Vietnam’s economy. It is also sometimes believed that the domestic economy is weak due to the low spillover effects of FDI without a clear recognition of the need to promote the development of the domestic economy. However, if we assume something that did not happen in reality – that Vietnam never did have access to FDI – then we would see a vastly different nation today. The increasing proportion of FDI indicates that the economic growth rate of this area is usually higher than that of the domestic economy. Without, it would take many more years for Vietnam to reach the GDP scale of 2022 with $409 billion and average GDP per capita of $4,110, and with the economic growth rate at over 7 per cent annually, as seen in 1991-1997 and 2002-2007. In 2022, the realised … [Read more...] about Contributions of foreign direct investment cannot be denied
Sun Taxi signs deal to buy 3,000 VinFast electric cars
At the signing ceremony (Photo: VNA) Hanoi (VNA) - The Sun Taxi JSC on June 1 signed a contract to purchase 3,000 VF 5 Plus electric cars from carmaker VinFast, marking the biggest vehicle purchase contract in Vietnam so far, with delivery scheduled from now until 2025. It is part of Sun Taxi's strategy on green transformation, business expansion and service quality improvement, thus promoting Vietnam's green transportation revolution and supporting the country's overall goal of achieving net-zero emissions by 2050. In the initial phase, Sun Taxi will deploy electric taxi services in cities and provinces such as Quang Binh, Hue, Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Nha Trang (Khanh Hoa), Phan Thiet (Binh Thuan), Gia Lai and Kon Tum. By 2025, all 3,000 VinFast electric cars in Sun Taxi's fleet will be running throughout Vietnam. Since joining the taxi transportation market in October 2013, Sun Taxi has to date owned a fleet of 2,900 vehicles across 17 cities … [Read more...] about Sun Taxi signs deal to buy 3,000 VinFast electric cars
Hilton Garden Inn Da Nang opens its doors in Viet Nam
A view of Hilton Garden Inn Da Nang hotel, Hilton's first beachfront hotel in Viet Nam. — Photo courtesy of the company Global hospitality company Hilton on May 31 announced the opening of Hilton Garden Inn Da Nang, the perfect getaway for leisure and business travellers alike in central Da Nang City. Conveniently situated just four kilometres from the city centre and located along the renowned My Khe Beach, all 234 rooms at Hilton Garden Inn Da Nang come with cerulean beach views, promising a warm and inviting stay for guests to unwind, relax, and rejuvenate. “Viet Nam continues to be one of the most dynamic travel destinations in Asia. To cater to the needs of the growing midscale segment seeking comfort and value, we are delighted to open the doors of Hilton Garden Inn Da Nang and welcome guests to Hilton’s first beachfront property in the coastal city. This opening speaks to our strong growth momentum in South East Asia and contributes to our ambition to double our footprint … [Read more...] about Hilton Garden Inn Da Nang opens its doors in Viet Nam