China asean economic relations

Addressing the meeting, the Government leader underlined that the scheme's scale should be large enough and its implementation duration should be long enough in line with the Resolution of the 13th National Party Congress and the socio-economic development plan for the 2021-2025 period as well as the socio-economic development program for 2022. It should be based on accurate and objective assessments and forecasts along with reliable statistics, he stated. The PM stressed that the program must have focuses and priorities. For example, in health care, attention should be paid to measures to improve the country’s medical capacity from preventive medicine and grassroots health care system to vaccines and treatment activities. Meanwhile, in issues related to social welfare, the focus should be the recovery of the labor market and sustainable poverty reduction. Regarding economic recovery, the program should focus on boosting the recovery of businesses and cooperatives and strategic …

[Read more...] about Socio-economic recovery, development scheme should be effective, feasible: PM

In July, Vietnam imported nearly 4,800 cars worth US$108 million, up 34% month-on-month in volume and 10% in value. Thailand and Indonesia continued to be Vietnam’s major car exporters, making up 76% of the latter’s combined imported cars, according to the General Department of Vietnam Customs (GDVC). Thailand and Indonesia make up 76% of Vietnam's total imported cars. In July, Vietnam imported nearly 4,800 cars worth US$108 million, up 34% month-on-month in volume and 10% in value. Upon breaking down, 48.4% of imported cars in Vietnam in July came from Thailand with 2,324 cars for a total of US$38 million, averaging US$16,351 each. Meanwhile, 1,302 cars were imported from Indonesia, or 27.1% of the total, worth over US$14 million, or US$10,752 per unit. The dominance from countries like Thailand and Indonesia in Vietnamese car imports was partly due to the effect of the ASEAN Trade in Goods Agreement (ATIGA), under which imported products in ASEAN are …

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N.A. Chairman Hue described the Lao top legislator's visit as an important milestone in the Vietnam-Laos ties, contributing to reinforcing and promoting the special friendship and comprehensive partnership between the two Parties, States, and peoples as well as the two N.A.s in particular. Saysomphone Phomvihane lauded great and comprehensive achievements that the Vietnamese people have gained under the leadership of the Communist Party of Vietnam amid COVID-19. He also hailed the success of the second session of the 15th Vietnamese legislature. He thanked the Party, State, localities, and people of Vietnam for offering support to Laos in finance, vaccines, and medical supplies to help the country fight COVID-19. Both sides agreed that the political- diplomacy partnership between the two countries has been strengthened through all channels. Particularly, the two countries coordinated closely to organize the official visit to Vietnam by General Secretary of the Lao People’s …

[Read more...] about Top Vietnamese, Lao legislators hold talks

This is the first overseas trip paid for by the Lao top lawmaker since he took office in January 2021. Lao Chairman of National Assembly Saysomphone Phomvihane today began his official visit to Hanoi, being the first guest of Vietnam’s parliament since the inauguration of its 15th term (2021-2026) in July 2021. Chairman of Vietnam's National Assembly Vuong Dinh Hue welcomes his Lao counterpart Saysomphone Phomvihane in Hanoi on Dec 6. Photos: VNA In the three-day visit starting Dec 6 at the invitation of Vietnamese counterpart Vuong Dinh Hue, Saysomphone Phomvihane is said to affirm the Lao diplomacy of maintaining the special relations with Vietnam that “nothing can hurt” during his first foreign visit since he took office in January 2021. In addition to the bilateral meeting with Chairman of the National Assembly Vuong Dinh Hue, Saysomphone Phomvihane will meet with Vietnamese leaders to discuss measures to make the cooperation effective and substantive …

[Read more...] about Lao National Assembly Chairman starts three-day visit to Vietnam

The Vietnam International Exhibition on Industrial Machinery Equipment, Technology and Products will be held at the Saigon Exhibition and Convention Centre from December 15 to 18. — Photo courtesy of the organiser The Viet Nam International Exhibition on Industrial Machinery Equipment, Technology and Products, or VINAMAC Expo 2021, will be held at the Saigon Exhibition and Convention Centre from December 15 to 18. The exhibition with the theme ‘Moving forward together’ will have more than 300 booths set up by 200 Vietnamese firms and foreign companies and international organisations from the Czech Republic, Germany, Russia, Switzerland, South Korea, mainland China, Japan, China's Taiwan, ASEAN member countries and others with a presence in Viet Nam. Besides showcasing industrial machinery and equipment, technology and products, the expo will also feature a seminar on ‘Safe adaptation - Economic recovery after the pandemic towards green development and suitable for circular …

[Read more...] about Over 200 exhibitors to join international industrial machinery expo in HCM City

President Nguyen Xuan Phuc (R) and President of the Lao National Assembly Saysomphone Phomvihane . (Photo: VNA) Hanoi (VNA) – President Nguyen Xuan Phuc affirmed Vietnam’s consistent policy of prioritising and developing special solidarity with Laos while receiving President of the Lao National Assembly Saysomphone Phomvihane in Hanoi on December 6. Phuc highly appreciated and thanked Saysomphone for choosing Vietnam as the first country to visit in his capacity as President of the Lao NA, showing that the Lao Party, NA and Saysomphone have attached importance to the great friendship, special solidarity and comprehensive cooperation between the two countries. The Vietnamese leader suggested the Parties, States and people of the two nations foster bilateral ties, maintain high-level visits and bilateral cooperation mechanisms, expand and improve the efficiency of cooperation in the fields of national defence-security, economy, trade, investment, energy and …

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With rapid urbanization and growing population, Hanoi is under pressure to address social issues, especially those related to environment and traffic, said the Hanoi Party chief. Hanoi is willing to cooperate with Thai investors in major infrastructure projects, according to Secretary of the Hanoi Party Committee Vuong Dinh Hue. Secretary of Hanoi Party Committee Vuong Dinh Hue (r) and Thai Ambassador to Vietnam Tanee Sangrat. Photo: Thanh Hai. The modernization and development of the urban economy, water supply, wastewater treatment, among others, play a key role in a city’s future, said Mr. Hue in a meeting on September 23 with outgoing Thai Ambassador to Vietnam Tanee Sangrat. The Hanoi Party chief highly regarded Mr. Sangrat’s contributions to the relations between the two countries, as well as that of between Hanoi and other Thai localities. Mr. Hue expected Mr. Sangrat, in his new position, to continue supporting the two countries’ strengthened …

[Read more...] about Hanoi to cooperate with Thai investors in major urban infrastructure projects

Problems affecting the APG and AAE-1 submarine fiber optic cables, which have slowed Internet speed in Vietnam for months, have been fixed. An Internet service provider (ISP) in Vietnam told ICTnews that problems with the Asia Pacific Gateway (APG) route have been solved. International Internet traffic towards Hong Kong (China) and Japan has resumed. Internet service interruptions caused by the incident on this route for a month. The APG cable had a problem on October 29 on the S3 segment, causing a loss of connection from Vietnam to Japan and the US. As an international submarine fiber optic cable was put into operation in mid-December 2016, APG has a length of about 10,400 km, running underground in the Pacific Ocean. It can provide maximum bandwidth up to 54 Tbps. The route has connection points in China, Hong Kong (China), Taiwan (China), Japan, South Korea, Malaysia, Singapore, Thailand and Vietnam. APG is partly invested by Vietnamese carriers such as VNPT, …

[Read more...] about Two of three international submarine fiber optic cables repaired

Vietnam would gradually reallow entry of foreign nationals, especially those from countries having effectively contained the Covid-19 pandemic, including South Korea, said Hanoi's Party chief. Hanoi welcomes South Korean investors doing business in the city, according to Secretary of the Hanoi Party Committee Vuong Dinh Hue. Hanoi welcomes South Korean investors coming to Vietnam. Photo: Thanh Hai. Vietnam in general, and Hanoi in particular, would gradually reallow entry of foreign nationals, especially those from countries that have effectively contained the Covid-19 pandemic such as South Korea, Hue said in a meeting with South Korean Ambassador to Vietnam Park Noh-wan and Head Coach of Vietnam’s national football team Park Hang-seo. Hue said Hanoi is accelerating disbursement of public investment funds, aiming to create positive spillover effects to other economic activities. Hue added the city is determined to pursue a dual target of containing the …

[Read more...] about Hanoi opens wide doors for South Korean investors: City Party chief

PM Pham Minh Chinh speaks at the event. (Photo: VNA) Hanoi (VNA) – Vietnam has regarded people as the centre, subject and driving force and target of development, Prime Minister Pham Minh Chinh told a plenary session of the third annual high-level forum on the fourth industrial revolution in Hanoi on December 6. He said amid the COVID-19 pandemic, the Government has flexibly adopted many policies to ensure social security, helping to stablise people’s lives. Over the past two years, under the leadership of the Party and the State, as well as with the consensus of businesses and people, and international support, Vietnam has basically brought the pandemic under control, the PM noted. Thanks to joint efforts, the macro economy has remained stable, inflation has been controlled, major economic balances have been ensured, while foreign direct investment (FDI) has increased and the production and supply chains have been resumed, thereby helping to strengthening the …

[Read more...] about People is the target of development: Prime Minister