BFA Secretary-General Li Baodong emphasised that the BFA was established in 2001 with the mission of building an economic forum for Asia to promote economic exchanges and cooperation in the region and inter-region for the development of countries. With the same mode of organisation as the World Economic Forum, BFA has increasingly attracted the attention of leading world businesses, particularly Asian businesses. Vietnam is one of the founding members of the BFA and has frequently attended annual forums at the Government level. Addressing the forum, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), Vu Tien Loc, said that China has been the largest trade partner of Vietnam for 13 consecutive years. China is also the largest export market of Vietnam in the areas of computers, components, rubber, coal and rice. By the end of November 2018, China had invested in 2,102 projects in Vietnam with a total investment capital of US$13.05 billion, with the focus on manufacturing, … [Read more...] about Boosting Vietnam-China economic cooperation
China economic reforms
North Korea wants to learn economic reform from Vietnam
The Hanoitimes - Vietnam’s post-war economic reform in the late 1980s has transformed the country into one of Asia’s fastest growing economies. Foreign Minister Ri Yong Ho of the Democratic People’s Republic of Korea (North Korea) is on a visit to Vietnam to learn renovation lessons from Vietnam – one of Asia’s fastest growing economies. North Korea foreign minister Ri Yong Ho meets with Vietnamese PM Nguyen Xuan Phuc on Dec 1. Photo: Thuonghieucongluan The visit from November 29 to December 2, 2018 is the first to Vietnam paid by North Korea’s foreign minister over the past decade. During the visit, Ri met with his Vietnamese counterpart Pham Binh Minh and Prime Minister Nguyen Xuan Phuc to talk about multisectoral cooperation for “sustainable growth goals” which North Korea is seeking for. The minister visited a hi-tech zone in Hanoi and worked with experts from the Vietnam Institute of … [Read more...] about North Korea wants to learn economic reform from Vietnam
Vision China event explains China’s reform and opening-up success
China Daily’s Vision China event kicks off in London on September 13, 2018. — Photo China DailyViet Nam News LONDON — To mark the 40th anniversary of China’s reform and opening-up, the fifth Vision China event, themed "40 Years On – China and the World", was held by China Daily in London, on Thursday. Guest speakers included Liu Xiaoming, China’s ambassador to the UK, Jim O’Neill, the British economist who put forward the concept of BRIC nations, Fu Xiaolan, director of Oxford University’s Centre for Technology and Management Development, Nikhil Rathi, chief executive of London Stock Exchange Plc, and Martin Jacques, author of the international best-seller When China Rules the World. The event drew about 200 guests, including Lord Neil Davison, the former advocate general for Scotland, and representatives of British government departments, the media, think tanks, international organisations, and transnational corporations, … [Read more...] about Vision China event explains China’s reform and opening-up success
Kim Jong un believes North Korea should follow Vietnam’s economic reforms
North Korean leader Kim Jong-un mentioned Vietnam in his conversations with South Korean President Moon Jae-in last month as an example of how his country should expand on economically, an anonymous government official told Pulse last week. South Korean President Moon Jae-in and North Korean leader Kim Jong-un attend a welcoming ceremony in the truce village of Panmunjom inside the demilitarized zone separating the two Koreas, South Korea in April 2018 As the two Korean leaders met for the first time, Kim Jong-un told Moon Jae-in that he prefers Vietnam’s model over China's because Vietnam has maintained a great relationship with the U.S., the official said. In 1986, Vietnam initiated “doi moi” economic reforms that opened its market and attracted foreign investors, but still maintained the country’s socialist values. The government official said that North Korea had used Vietnam as a benchmark and studied its economic reforms. Kim Jong-un … [Read more...] about Kim Jong un believes North Korea should follow Vietnam’s economic reforms
Kim Jong-un believes North Korea should follow Vietnam’s economic reforms: report
By Dang Khoa  May 8, 2018 | 01:57 pm GMT+7 South Korean President Moon Jae-in and North Korean leader Kim Jong-un attend a welcoming ceremony in the truce village of Panmunjom inside the demilitarized zone separating the two Koreas, South Korea, April 27, 2018. Kim shared the point at a summit with his southern counterpart and is expected to discuss it with Trump next month. North Korean leader Kim Jong-un mentioned Vietnam in his conversations with South Korean President Moon Jae-in last month as an example of how his country should expand on economically, an anonymous government official told Pulse last week. As the two Korean leaders met for the first time, Kim Jong-un told Moon Jae-in that he prefers Vietnam’s model over China's because Vietnam has maintained a great relationship with the U.S., the official said. In 1986, Vietnam initiated “doi moi” economic reforms that opened its market and attracted foreign investors, but … [Read more...] about Kim Jong-un believes North Korea should follow Vietnam’s economic reforms: report