Asean foreign ministers retreat

The Hanoitimes - Activities including trade expos are expected to tighten economic ties between the two countries which will celebrate the 70th anniversary of diplomatic ties next year. Two-way trade between Vietnam and Russia is of great potential and Vietnamese authorities will create more favorable conditions for the investment and operations of Russian firms, Vietnamese Deputy Prime Minister Trinh Dinh Dung has said. Vietnam's Deputy Prime Minister Trinh Dinh Dung. Photo: Linh Pham Vietnam and Russia trade will greatly depend on vision and determination from the both sides, especially the business communities, Dung said at the Expo-Russia Vietnam 2019 taking place in Hanoi on November 14-16. Being a member of 13 free trade agreements (FTAs), 12 of which are already effective, Vietnam has been committed to international regulations requiring high standards for goods and trade activities, Dung said, adding that FTAs will encourage foreign companies to enter Vietnam, ASEAN, and Asia as well. Russian Ambassador to Vietnam Konstantin Vnukov. Photo: VTC News The enforcement of the Vietnam-Eurasian Economic Union Free Trade Agreement (VN-EAEU FTA) is a strong boost for the Vietnam-Russia trade, he noted. Accordingly, Vietnam expects its leather and footwear, agro-forestry-fisheries, electronics and consumer goods to further penetrate into Russia and other markets in the Russia-led Eurasian Economic Union (EAEU). Vu Tien Loc, president of the Vietnam Chamber of Commerce and Industry. Photo: Linh Pham Meanwhile, Vietnam welcomes Russian goods like farm produce, pharmaceuticals, health, industrial equipment, automobile spare parts, devices, mine extraction, materials, high-tech products, energy, and oil. Sergey Anatolievich Tsyb, first deputy minister of Russian Ministry of Industry and Trade, said at the expo that Vietnam ranks among Russia’s top 10 Asian biggest trade partners and the biggest …

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Jakarta (VNA) – The number of foreign tourist visits to Indonesia in January still suffered from the COVID-19 pandemic and declined by 89.05 percent compared to the same month of last year, the country’s statistics bureau (BPS) reported. The arrival numbers lowered from 1.29 million in January 2020 to 141,260 in the first month of this year. Compared with last December, the number of visitors decreased by 13.9 percent. The room occupancy rate of star-classified hotels in Indonesia was also down 30.35 percent compared to 49.17 percent recorded a year ago and 10.44 percent from the previous month. Indonesia ’s Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno said the country targets welcoming around seven million foreigners this year. To this end, the ministry will focus on completing the development of five super priority destinations, like Lake Toba in North Sumatera, Borobudur in Central Java, Mandalika in Lombok, Labuan Bajo in East Nusa Tenggara, and Likupang in North Sulawesi. The ministry will strengthen the 3A (Attractions, Amenities and Accessibility) tourism facilities, encourage investment in the tourism sector, and increase tourism promotion by optimally utilizing digital technology, Uno said. It will also implement three strategies namely innovation, adaptation, and collaboration. Vice Minister of Tourism and Creative Economy Angela Tanoesoedibjo, meanwhile, said the innovation strategy will include the use of big data to design more effective and personal promotions. Her office will also innovate the products offered, such as outdoor tourism, sport tourism, health tourism, wellness tourism, and ecotourism. The second strategy is adapting CHSE-based health protocols (cleanliness, health, safety, and environment) in each tourism destination and creative economy line. This CHSE-based protocols will be the key to accelerating the recovery of tourist confidence amid the pandemic. Additionally, the country will …

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The Hanoitimes - The two sides consider inter-parliamentary cooperation an important component of the strategic partnership between the two countries. The first Vietnam-Russia inter-parliament meeting has opened up new areas of cooperation that are poised to foster the comprehensive strategic partnership. Vietnam’s National Assembly Chairwoman Nguyen Thi Kim Ngan and Chairman of the State Duma of Russia Vyacheslav V. Volodin. Photo: VNA Vietnam’s National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan and Chairman of the State Duma of Russia Vyacheslav V. Volodin co-chaired the meeting in Moscow last week. “It would be right for us to work more intensively in the economic sphere, developing both foreign economic relations and goods circulation. It is clearly insufficient for the level of our relations. […] For our part, we must do everything to develop cooperation more effectively than today,” the State Duma quoted Viacheslav Volodin. “When we talk about the work of our inter-parliament commission, it should do everything to ensure more dynamical development of foreign economic relations,” he said at the meeting. Viacheslav Volodin supported the idea of creating working groups and said that the adoption of legislative decisions would entail a more active development of relations. Meanwhile, Nguyen Thi Kim Ngan said “We will do our best to develop cooperation between our countries, trade and economic relations better. To ensure that these results correspond to good political relations between our countries.” Vietnam’s National Assembly Chairwoman Nguyen Thi Kim Ngan and Chairman of the State Duma of Russia Vyacheslav V. Volodin at the first inter-parliament meeting in Moscow. Photo: Duma.org.ru Economic in focus, oil and gas remain among key pillars Both sides agreed to focus on economic ties. Ngan said that it is necessary to discuss issues of cooperation in the oil and gas sector, agriculture, and …

[Read more...] about First Vietnam-Russia Inter-parliamentary Commission discusses new areas of cooperation