Bilateral cooperation

President of the Audit Commission of Japan Teruhiko Kawato (L) and Auditor General of the State Audit Office of Vietnam Ho Duc Phoc  in a recent meeting in Japan(Source: VNA) Tokyo (VNA) – President of the Audit Commission (AC) of Japan Teruhiko Kawato has suggested Vietnam and Japan elevate bilateral audit cooperative relations to a new height. In a recent interview granted to Japan-based Vietnam News Agency (VNA) correspondents, Kawato highlighted the close cooperation between the AC and the State Audit Office (SAV) of Vietnam and their efforts to urge audit agencies in Asia to enhance international links. According Kawato, the AC and the SAV has built close cooperative ties, and Vietnam’s economy is strongly developing, especially in infrastructure development – a crucial field of the auditing activities. He stressed that the collaboration between the two agencies through capacity development and research activities has proven effective and the … [Read more...] about Vietnam, Japan audit agencies urged to lift cooperative ties

Jakarta (VNA) – Bank Indonesia Governor Perry Warjiyo and Japanese Finance Minister Taro Aso recently signed a memorandum of understanding on the use of the countries’ currencies in bilateral trade and direct investment transactions. The agreement on the establishment of a local currency settlement framework will enable the two sides to promote the direct exchange of rate quotation and interbank trading between the Japanese Yen and the Indonesian Rupiah. The cooperation will also be enhanced through information sharing and regular discussions. In a joint press statement released on December 5, they said the framework is a key milestone for both nations to intensify their financial cooperation. Japan is currently the second largest investor in Indonesia. Over the last 10 years, Japan has invested 31 billion USD in the archipelago nation. The contribution of Japanese companies to Indonesia’s exports increased from 18.1 percent to 24.4 percent in the first half of … [Read more...] about Indonesia, Japan to boost local currency use in bilateral transactions

Randir Brar, a representative from travel agency Destinos India, told VnExpress International that the number of Indian visitors to Vietnam could see a big surge following the launch of direct flights. "The direct air routes will help cut traveling time between the two countries from 15 to six hours, making it easier for more Indians to travel to Vietnam and contribute to bilateral tourism," he added. India, with the second largest population in the world only after China, is considered one of the most promising tourism markets. Every year, around 25 million Indian tourists travel abroad and the figure has been rising in recent years, according to India’s tourism ministry. However, the number of Indian tourist arrivals to Vietnam remains modest compared to other Asian countries like China and South Korea. Just 130,000 Indians visited Vietnam in 2018, while neighboring Thailand received 1.5 million. China and South Korea remain Vietnam's top feeder markets with 4.9 … [Read more...] about Direct flight set to make Vietnam a top tourist destination for Indians

Participants in the 7th diplomatic – defence strategic dialogue between Vietnam and Australia pose for a photo (Photo: VNA) Canberra (VNA) – The 7th diplomatic – defence strategic dialogue between Vietnam and Australia, an annual activity since 2012, took place in Canberra on December 10. Deputy Chief of the General Staff of the Vietnam People’s Army Rear Admiral Nguyen Trong Binh and Deputy Minister of Foreign Affairs Nguyen Quoc Dung co-chaired the event with Australia’s Deputy Secretary of the Department of Foreign Affairs and Trade Richard Maude and Deputy Secretary of the Department of Defence Peter Tesch. At the dialogue, the two sides reviewed the strong developments in bilateral relations and reaffirmed their countries’ importance in each other’s foreign policies. They said defence collaboration is an important pillar in the Vietnam – Australia strategic partnership, agreeing to continue effectively carrying out bilateral … [Read more...] about Vietnam, Australia hold 7th diplomatic – defence strategic dialogue

Chairwoman of the National Assembly Nguyen Thi Kim Ngan (L) and  President of the Senate of the Netherlands Ankie Broekers-Knol  (Photo: VNA) The Hague (VNA) - Chairwoman of the National Assembly Nguyen Thi Kim Ngan has expected that her ongoing official visit to the Netherlands will further deepen the friendship and cooperation between Vietnam and the European country in general and the Dutch parliament in particular. During her talks with President of the Senate of the Netherlands Ankie Broekers-Knol in The Hague on March 27, Chairwoman Ngan expressed her hope that the visit will open up new cooperation prospects in bilateral relations as well as cooperative ties between Vietnam, the Association of Southeast Asian Nations (ASEAN) and the European Union (EU), especially when Vietnam and the Netherlands are celebrating the 45th founding anniversary of diplomatic ties.   [Vietnam’s top legislator holds talks with speaker of Dutch lower house] … [Read more...] about NA leader expects stronger Vietnam-Netherlands relations