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He was speaking during a meeting with the US business community in Washington DC on May 12 (US time), as part of the Vietnamese leader’s trip to the US. The meeting was held by the US-ASEAN Business Council and the US Chamber of Commerce. PM Chinh affirmed that Vietnam always considers the US as a leading, important partner. He said the impressive growth of bilateral trade of between 17-20 per cent a year proves that there remains ample room for economic development between the two countries. Prime Minister Pham Minh Chinh meets US investors and business leaders in Washington DC on May 12 (US time) — VNA/VNS Photo Vietnam is the ninth largest trading partner of the US. Two-way trade turnover between the two countries in 2021 reached nearly US$112 billion in spite of difficulties caused by the COVID-19 pandemic, the PM said. PM Chinh added that Vietnam is focusing on technology renovation, digital transformation and diversification of the supply chain. The … [Read more...] about PM Chinh meets US business community

MUSIC & PERFORMANCES Creative Dance – METTLER Scholarship 2 semesters: 06 Feb – 29 May, 2022 Registration link From the organizer: Mettler-based Creative Dance Scholarship program provides an introduction to the underlying principles and teaching methods used in Mettler-based Creative Dance. The scholarship is provided by Mettler Studio Inc., USA & Vietnam Dance/Movement Therapy for professional and personal development. ____________________________________________________ EXHIBITION Until May 29, 08 am – 05 pm Hanoi-Solo Art Exhibition Phan Minh Chau: Rock ballad in Colors May 16 – 22 Hanoi-Signifiant Dream May 20 & 21, 08:30 pm Rooftop Manzi Exhibition Space, 2 ngõ Hàng Bún, Ba Dinh District From Manzi: “With the world being stretched, spread in connection, we’re in a tendency of being taken far from home” Signifiant Dream A site-specific staging by XplusX … [Read more...] about What’s on May 16-22/2022

At a Saturday conference in Harvard University on Vietnam's development strategy in the 21st century, Prime Minister Pham Minh Chinh said Vietnam's economy has expanded into the fourth largest economy in ASEAN and among the world's top 12 economies with the largest scale of commerce. The country also takes part in 15 active FTAs, he said. Economist David Dapic said Vietnam taking part in FTAs was a major success. Millions of farmers have moved on to work in factories as a result. But the fact that most materials for production are imported from China is a weakness, he added. When the Covid-19 pandemic broke out, borders were closed and there was commercial tension, Vietnam's exports were affected, Dapic said. Vietnam's trade turnover with the U.S. may reach $100 billion this year. Such a figure might be small for the U.S., but Vietnam should take note to remain in constant communication and avoid being accused of currency manipulation, he advised. Nguyen Thi Hong, head of the … [Read more...] about Avoid unworthwhile investments, try estate taxes, Vietnam advised

Greek President Katerina Sakellaropoulou arrived in Hà Nội's Nội Bài International Airport on Sunday, beginning her official visit to Việt Nam. VNA/VNS Photo HÀ NỘI — Greek President Katerina Sakellaropoulou arrived in Hà Nội on Sunday, beginning her official visit to Việt Nam at the invitation of Vietnamese President Nguyễn Xuân Phúc. Within the framework of the five-day visit, the Greek President will visit the Monument to Heroic Martyrs and Hồ Chí Minh Mausoleum, hold talks with President Nguyễn Xuân Phúc, pay a courtesy visit to Party General Secretary Nguyễn Phú Trọng, and meet with Chairman of the National Assembly Vương Đình Huệ. She will also attend a document signing ceremony and meet with the press, visit the Temple of Literature and attend some local events. The visit is expected to contribute to consolidating political trust and deepening the multi-faceted cooperation between the two countries. The visit takes place in the context that the traditional friendship … [Read more...] about Greek President’s Việt Nam visit expected to deepen multi-faceted cooperation

Customers conduct transactions at a branch of Vietcombank in Hanoi. (Photo: VNA) Hanoi (VNA) – Hoa Phat Group and four commercial banks of Vietnam have been named in this year’s Forbes list of the world’s 2,000 largest companies (Global 2000). ranking , Joint Stock Commercial Bank for Foreign Trade of Vietnam ( Vietcombank ) ranks at the 950th position while Vietnam Technological and Commercial Joint Stock Bank (Techcombank) stands at 1,874th. Global 2000 recorded a total of 47.6 trillion USD in revenue, 5 trillion USD in profits, 233.7 trillion USD in assets, and 76.5 trillion USD in market capitalisation. VNA … [Read more...] about Hoa Phat Group, four Vietnamese banks among world’s 2,000 largest companies

Investors watch stocks' movements in front of a big screen. Photo tinnhanhchungkhoan.vn HÀ NỘI — Markets experienced the worst performance since March 2020 last week due to strong selling pressure. Experts said that with the current conditions, downside risk is still dominating the market. Last week, the VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) breached the 1,200-point level after ending the last trade at 1,182.77 points. It lost nearly 120 points just in the last two sessions. The HNX-Index on the Hà Nội Stock Exchange (HNX) also finished the week at a lower level of 302.39 points. The market dipped for three out of five sessions. For the week, the VN-Index dropped by more than 11 per cent, while the northern benchmark HNX-Index declined 12 per cent. On the southern bourse, trading value increased by 79.9 per cent compared to the previous week to VNĐ84.2 trillion (US$3.6 billion), equivalent to a rise of 92.9 per cent in trading volume to 3.1 billion shares. … [Read more...] about Market likely to expand bearish trend: analysts

At the event, the Vietnamese PM congratulated Laos on the positive results in the country’s fight against COVID-19 and reopening, and highly valued the two countries’ sound cooperation in the bilateral framework as well as at regional and international forums. The Lao PM spoke highly of Vietnam’s important achievements in the recent time, especially in bringing the COVID-19 pandemic under control and promptly reopening its borders for socio-economic recovery and development, and thanked Vietnam for cooperation and support for Laos over the years. The two PMs rejoiced at the stable development of the Vietnam-Laos great friendship, special solidarity and comprehensive cooperation. Since the start of 2022, the countries have exchanged delegations at all levels, notably an official visit to Vietnam by the Lao PM in January. They have collaborated in effective implementing high-level agreements and those adopted at the 44th meeting of the Inter-Governmental Committee chaired by the … [Read more...] about Prime Minister Pham Minh Chinh meets Lao counterpart in U.S.

PM Chinh highlighted Kerry’s heartfelt sentiments towards the country and people of Vietnam, as well as his responsibility and enduring contributions to Vietnam-U.S. relations over the past years. He also praised Kerry for his role in building the two-Party consensus in the U.S. in supporting the relationship with Vietnam, especially the settlement of war consequences – part of the process of reconciliation and trust-building between the people of the two countries. Vietnam consistently pursues a foreign policy of independence, self-reliance, peace, friendship, cooperation, development, multilateralization and diversification of relations, and being a good friend and a reliable partner of countries worldwide, and an active, responsible member of the international community, the PM affirmed. During the process, Vietnam always considers the U.S. a leading important partner, and wants to work together with the U.S. to promote the bilateral ties on the basis of respect for each … [Read more...] about Prime Minister receives U.S. Special Presidential Envoy for Climate

Prime Minister Pham Minh Chinh (right) and US Special Presidential Envoy for Climate John Kerry . (Photo: VNA) Boston (VNA) – Prime Minister Pham Minh Chinh met with US Special Presidential Envoy for Climate John Kerry in Boston on May 14 (local time) as part of his working trip to the US. PM Chinh highlighted Kerry’s heartfelt sentiments towards the country and people of Vietnam, as well as his responsibility and enduring contributions to Vietnam-US relations over the past years. He also praised Kerry for his role in building the two-Party consensus in the US in supporting the relationship with Vietnam, especially the settlement of war consequences – part of the process of reconciliation and trust-building between the people of the two countries. Vietnam consistently pursues a foreign policy of independence, self-reliance, peace, friendship, cooperation, development, multilateralisation and diversification of relations, and being a good friend and a reliable … [Read more...] about Prime Minister receives US Special Presidential Envoy for Climate

Natthakritta Vongtaveelap on the green. She took gold in the women's individual event at Heron golf course in Vĩnh Phúc Province on May 15. VNA/VNS Photo Hoàng Hùng HÀ NỘI — Leading golfers Natthakritta Vongtaveelap from Thailand and Ervin Chang of Malaysia won gold medals in the women’s and men’s individual events at the SEA Games 31 on May 15. The two had a good result in the final rounds to finish top at the golf event. Natthakritta Vongtaveelap scored 14-under-par in the final round to beat her opponents and top the podium. The Thai player kept her momentum from the first and second rounds as she earned 5-under-par and 10-under-par. Scoring seven-under-par in the final round, Singapore’s Aloysa Margiela Atienza Mabutas took home silver. She also had a good start in the first round and second round with a total score of 74 and 70, respectively. Jeneath Wong of Malaysia grabbed the bronze medal with a five-under-par score in the final round. She also scored the first … [Read more...] about Natthakritta, Chang take golf individual golds