Business cooperation agreement

Vietnamese and Chinese officials take part in the teleconference on June 29. (Source: VNA) Hanoi (VNA) – A conference reviewing cooperation between Vietnamese ministries, localities and Guangdong province of China was held in virtual form on June 29 under the chair of Vietnamese Deputy Foreign Minister Pham Quang Hieu and Guangdong’s Vice Governor Wang Xi. Opening the conference, the eighth of its kind, Deputy FM Hieu expressed joy at the positive developments in the Vietnam-China relationship in general and between Vietnamese ministries, localities and Guangdong in particular. Guangdong has the biggest trade revenue with Vietnam among Chinese localities , with bilateral trade up 16.2 percent in 2021 to 47.42 billion USD, accounting for more than one quarter of Vietnam-China trade value. Guangdong companies invested nearly 2 billion USD in Vietnam in 2019-2020. Deputy minister Hieu said amidst fast developments in global and regional economic situation, the two … [Read more...] about Conference reviews Vietnam-Guangdong cooperation

Even though there are differences between the two systems, the two sides will find plenty of common ground, which hopefully will lead to closer cooperation and dialogue in bilateral parliamentary relations, Mr. Morris, who is also former British Ambassador to Vietnam, told Vietnam News Agency ahead of Hue’s official visit to the U.K. from June 28 – 30. Mr. Morris spoke highly of the Vietnam-U.K. relations, saying the 50th anniversary of their diplomatic ties next year is a fine milestone. The bilateral relationship has broadened and deepened enormously during the two decades since 2003 when Vietnam and the U.K. celebrated the 30th anniversary and he served as the British Ambassador to the Southeast Asian country, he recalled. The recent renewal after an initial 10 years of the two countries’ Strategic Partnership was a clear indication of a healthy and vibrant official relationship, as was the signing of a bilateral Free Trade Agreement in late 2020, which is already leading to a … [Read more...] about Vietnam, U.K. legislatures will find common ground for closer cooperation: VUKN Chairman

The visit aims to maintain and deepen the cooperative relations between the two countries and affirm the importance Vietnam attaches to the Vietnam-U.K. Strategic Partnership. Through meetings and working sessions with the U.K.’s authorities, businesses and the Vietnamese community in the U.K., Vietnam expects to attract more resources serving its post-pandemic socio-economic development. During his visit, N.A. Chairman Hue will hold talks with McFall and Hoyle, and have meetings with other high-ranking officials of the U.K. government and parliament; and representatives from the business community and major economic, finance and education corporations of the European nation. The visit is expected to contribute to further strengthening the Vietnam-U.K. Strategic Partnership in various fields and at all levels, promoting cooperation between the two countries’ legislative bodies; and expanding cooperation in potential fields such economy, trade - investment, finance - banking, … [Read more...] about N.A. Chairman begins official visit to U.K.

Trade Counselor in Belgium Tran Ngoc Quan briefed participants on the investment environment in Vietnam at the event during which potential and strengths of Belgian regions were introduced. According to Ambassador Nguyen Van Thao, there remains great potential for Vietnam and Belgium to expand their cooperation, especially in agriculture; green growth; seaport and logistics development and innovation. The two countries should work closely to create a favorable environment for the business community of both sides to exploit these potentials, he said. Mariella Cantagalli , an expert from the Directorate General for Trade of the E.C., said the E.U.-Vietnam Free Trade Agreement (EVFTA) has facilitated the exchange of trade and import-export between Vietnam and E.U. member countries in general, and Belgium in particular. Vietnam and Belgium has become strategic partners in agriculture. The two-way trade reached a record of 3.6 billion EUR (nearly 3.8 billion USD) in 2021. The … [Read more...] about Vietnam, Belgium look to step up trade, investment ties