China asean relations perspectives prospects and implications for u s interests

Prime Minister Pham Minh Chinh and his entourage arrived at Nanning airport on September 16 morning, starting his participation in the 20th China-ASEAN Expo and China-ASEAN Business and Investment Summit at the invitation of the Chinese Government. With his participation in the event, Vietnam sends out its clear and consistent message on the foreign policy of attaching importance to the relations with China, thus making bilateral relations develop in a healthy, stable, substantial and effective way in the time to come. Later on September 16, Prime Minister Pham Minh Chinh held talks with Chinese Premier Li Qiang. Both sides expressed their delight at and spoke highly of the progress in Vietnam-China relationship in recent years, especially since the historical China visit by Party General Secretary Nguyen Phu Trong in November last year. Underscoring the importance of the Vietnam-China relations in the overall foreign policy of each country, Prime Minister Chinh affirmed that … [Read more...] about PM active in China before attending CAEXPO, CABIS

The photographs are a reflection of new perspectives on the circular economy in terms of natural resource use, pollution reduction and environmental protection. An award ceremony and exhibition of the Circular Economy 2023 Photo Contest was held in Hanoi on September 21. The contest is organized to seek photos that reflect the circular economy model; increasing efficiency in the use of natural resources, raw materials, and energy-saving materials; extending the life of materials, equipment, products, goods, and other components; limiting waste generation and minimizing adverse environmental impacts and the use of harmful chemicals; waste recycling; energy recovery; avoiding single-use products; green shopping. It is organized by the Vietnam Association of Photographic Artists, Environment Magazine (VEM) and the non-profit organization C ASEAN Vietnam. Best photos on circular economy in Vietnam on display. Photo: The Hanoi Times Summing up the contest, … [Read more...] about Photos on circular economy show new perspectives

In the long term, US businesses and corporations may explore the feasibility of setting up semiconductor chip manufacturing facilities in Vietnam. The semiconductor industry offers great opportunities for cooperation between Vietnam and the US, carrying substantial implications for the bilateral relations in the new development phase . Overview of the meeting. Photos: Nhat Bac/VGP This view was shared at a meeting between Prime Minister Pham Minh Chinh and CEO of the Semiconductor Industry Association (SIA) John Neuffer, along with executives from US leading firms in the semiconductor industry on September 19 in Washington . Nguyen Chi Dung, Minister of Planning and Investment, said the meeting marks the next phase in the implementation of collaborative initiatives between US semiconductor organizations and businesses, joining forces with Vietnamese partners to create opportunities for market expansion and enhance Vietnam's capabilities in the … [Read more...] about Vietnam-US semiconductor cooperation significant to bilateral relations

The Government has been actively providing support for the economy, and the situation is expected to get better next year. The ASEAN+3 Macroeconomic Research Office (AMRO) has revised Vietnam’s GDP growth forecast for 2023 to 4.7% from the previous 4.4% in its October quarterly update. Chief Economist Hoe Ee Khor (l) at the press briefing. “The recent numbers have shown more strength than we initially expected in July,” said AMRO Chief Economist Hoe Ee Khor during a press briefing held online today [October 4]. However, it's essential to note that this is still a significant decline from last year's 8% growth rate, which was among the highest in the world, he noted. According to Khor, growth for the ASEAN+3 region (including China, Japan, and South Korea) is expected to be significantly impacted this year with an average rate of 4.3%, down from July’s projection of 4.6%, primarily due to challenges in the export sector. “Most countries in the region rely … [Read more...] about Vietnam’s economy shows encouraging signs: AMRO

Accelerated government spending is expected to boost demand in the remaining months of the year. ADB’s Principal Country Economist Nguyen Ba Hung shared his thoughts on Vietnam’s economic performance and its prospects for 2023 with The Hanoi Times. ADB’s Principal Country Economist Nguyen Ba Hung. What is the primary obstacle confronting Vietnam's economy for the remainder of the year? In the first half of 2023, Vietnam experienced a slowdown in GDP growth, with growth projected at only 3.7% compared to the positive momentum seen last year, when GDP grew 6.5% in the first half and 9.5% in the second half, resulting in an annual growth rate of 8% for the whole of 2022. One factor contributing to GDP growth in recent years has been public investment's sustained and steady growth. However, significant internal challenges have emerged during the Covid-19 pandemic. Vietnam's economy heavily relies on exports and foreign direct investment (FDI) … [Read more...] about Public investment as catalyst for Vietnam’s economic recovery in 2023: ADB

How much will Japan work with Vietnam and ASEAN to help with the energy transition? Kinoshita Tadahiro, director general of Sojitz Vietnam and president of the Japanese Chamber of Commerce and Industry in Vietnam We highly appreciate the government and related ministries for the national green growth strategy, as well as the action plan on green energy transition and reducing carbon and methane emissions of the transportation sector. Completing the legal framework is an important factor to achieving this goal. In the context of increasing energy demand in Asian countries, the Japanese government is ready to cooperate with ASEAN countries in the energy transition process by providing more financial and technical support for testing and applying emission-reduction technologies. Accordingly, Japanese businesses wish to contribute to an effective energy transition in Vietnam by increasing private investment and applying deflation technologies, aiming to achieve … [Read more...] about Green-focused businesses ready for cooperation

Keijo Norvanto, Ambassador of Finland to Vietnam On behalf of the Embassy of Finland to Vietnam and the Finnish business communities in Vietnam, I would like to congratulate Vietnam Investment Review on its 32 nd anniversary. I would like to express our appreciation to the VIR editors and its dedicated and talented reporters for their continuous work, introducing the Vietnam business environment and opportunities to Finnish businesses. Moreover, VIR ’s continuous cooperation with us provides the audience with Finnish experiences and know-how in education, circular economy, and other advanced technologies. The Vietnamese government committed to net-zero by 2050 and recently joined the Just Energy Transition Partnership declaration that aims to contribute to Vietnam’s sustainable development. In that, Finland possesses globally competitive technology and expertise in many areas, which will help Vietnam achieve the country-set targets. Additionally, our proven … [Read more...] about Defining the role of the press in business

During the dialogue, the two head delegates evaluated that on the basis of the outcomes of the previous dialogue in 2022, such fields as settlement of war legacy, U.N. peacekeeping, humanitarian assistance and disaster relief, navigation security, defense industry, cyber security, military medicine have been carried out as planned and reaped positive results. Among them, the cooperation in addressing war legacy has continued to be a pillar and a bright spot in the bilateral relations, helping build trust and strengthen mutual understanding between the two sides, raising the significance of the celebration of the 10th anniversary of Vietnam - U.S. comprehensive partnership (2013 - 2023). On behalf of the Vietnamese Ministry of National Defense (MND), Gen. Chien thanked the U.S. side for officially increasing the non-refundable aid for the Bien Hoa airport dioxin cleanup project from USD 183 million to USD 300 million according to the Limited Scope Grant Agreement (LSGA) on the project … [Read more...] about Vietnam, U.S hold defense policy dialogue 2023

Welcoming PM Pham Minh Chinh and the high-ranking delegation of Vietnam, the Brazilian President expressed his belief that the visit will help develop the two countries’ traditional friendship and sound cooperation to a new height, thus actively contributing to peace, stability, and development in the two regions and the world. PM Pham Minh Chinh voiced his delight at the growing Vietnam - Brazil relations and stressed that Vietnam attaches importance to the ties with Brazil, one of its leading partners in Latin America. The two leaders noted with satisfaction that bilateral relations have been flourishing and becoming increasingly effective and substantive, especially in politics - diplomacy, parliament, economy, trade, defense - security, agriculture, science - technology, culture, education, and people-to-people exchanges. Frequent high-level meetings and mutual visits have been maintained. Besides, bilateral trade has increased steadily to approximate 6.8 billion USD in 2022 … [Read more...] about Vietnamese Prime Minister, Brazilian President discuss measures for augmenting ties

The ambassador said France has always been one of the leading partners of Vietnam in Europe and the world, adding that France places great importance on Vietnam's position in the region, as evidenced by its ongoing strategies and policies in Southeast Asia and the Asia-Pacific. According to him, the traditional friendship with deep-rooted historical and cultural connections and the warm sentiments between French and Vietnamese people continue to be fostered and developed among people of all walks of life and circles. The locality-to-locality ties have also expanded, with four editions of the Vietnam - France Decentralized Cooperation Conference held in the past decade serving as evidence of the enduring bonds between the two sides. He added that the frequency of high-level visits, phone talks, and meetings on the sideline of international conferences and events has reflected the close political relationship. The two nations share views on many security and development issues of the … [Read more...] about Vietnam – France ties grow strong: Ambassador