China vietnam economic ties

Talking to the press, he said there are three main areas for such cooperation, namely digitalisation, simplification of rules and procedures to strengthen the business environment; supporting equality, gender equality and equality for minority groups; and legislation and regulation around the green economy. He stressed that the strategic partnership between the UK and Vietnam is solid but there is plenty of room for it to expand. Hue’s visit, the second of a senior Vietnamese leader to the UK within the past year, will help to push forward the cooperation between the two parliaments and governments, he said. "The relationship between the UK and Vietnam is built on people-to-people links. So I think this visit is a good symbol that we are open for business again in both directions,” said Ward. Businesses can travel, invest and develop export and import, while students from Vietnam can come to the UK and vice versa, he added. “We hope that we will soon see the return to the … [Read more...] about Top legislator’s visit a great opportunity for boosting Vietnam-UK ties

National Assembly Chairman Vuong Dinh Hue pays an official visit to the United Kingdom of Great Britain and Northern Ireland from June 28-30 (Photo: VNA) Hanoi (VNA) – Chairman of the National Assembly Vuong Dinh Hue’s official visit to the UK from June 28-30 presents a great opportunity for the two countries to strengthen their relations in legislative and reform issues that will support Vietnam’s development in the coming years, UK Ambassador to Vietnam Gareth Ward has affirmed. Talking to the press, he said there are three main areas for such cooperation, namely digitalisation, simplification of rules and procedures to strengthen the business environment; supporting equality, gender equality and equality for minority groups; and legislation and regulation around the green economy. He stressed that the strategic partnership between the UK and Vietnam is solid but there is plenty of room for it to expand. Hue’s visit, the second of a senior Vietnamese leader to … [Read more...] about Top legislator’s visit a great opportunity for boosting Vietnam-UK ties: UK Ambassador

Visiting Australia's Minister for Foreign Affairs Penny Wong has affirmed that her nation will continue promoting its strategic partnership with Vietnam and always attaches importance to the Southeast Asian country's role in the region. She was speaking at her talks with her Vietnamese counterpart Bui Thanh Son in Hanoi on Monday as part of her three-day official visit to Vietnam from June 26 to 28 at Son’s invitation. Wong told her host that Australia highly values Vietnam’s role and position in the Association of Southeast Asian Nations (ASEAN), the region and the world, and that the new Australian government in which she is a member will continue strengthening the strategic partnership with Vietnam to boost the bilateral ties to a new height. The diplomat also stated that her country highly values cooperation with ASEAN, appreciates its central role, and will continue to promote cooperation with the bloc for the sustainable development of the Mekong sub-region. … [Read more...] about Australia pledges to beef up strategic partnership with Vietnam

Secretary of the Ho Chi Minh City Party Committee Mr. Nguyen Van Nen (R) receives Chinese Consul General to Ho Chi Minh City Wei Huaxiang At the reception, the city Party chief congratulated the Chinese Consul General to Ho Chi Minh City Wei Huaxiang during his working tenure in the city; and highly appreciated the great achievements that the Party, Government and Chinese people had gained over 40 years of reform and opening-up and affirmed that the relationship between Vietnam and China has tended to positively develop. Senior leaders of the two Parties, countries have maintained exchanges under different flexible forms to strengthen the political trust, and widen practical cooperation in various fields. The bilateral trade turnover growth in 2021 between the two nations reached nearly US$170 billion, an increase of nearly 25 percent over 2020. In the first five months of the year, the bilateral trade turnover gained nearly US$73 billion. Secretary Nguyen Van Nen believed that … [Read more...] about HCMC to deepen cooperation ties with China localities

President Nguyen Xuan Phuc (R) receives Honorary Consul of Vietnam in Switzerland Philipp Rosler (Photo: VNA) Hanoi (VNA) – President Nguyen Xuan Phuc hosted a reception on June 28 for Honorary Consul of Vietnam in Switzerland Philipp Rosler and a Swiss business delegation who are visiting Vietnam to seek opportunities for trade and investment cooperation between Vietnam and Germany and Switzerland. The State leader hailed the contributions by Rosler to the Vietnam-Germany strategic partnership either as a German politician in the past or a business leader and Vietnam ’s Honorary Consul in Switzerland at present. Noting the fast recovery of tourism in Vietnam, President Phuc said he hopes more and more tourists and businesses from Europe will come to Vietnam. According to the President, although the EVFTA has opened up opportunities for trade and investment ties between Vietnam and Germany and Switzerland, bilateral trade between Vietnam and those countries … [Read more...] about President hosts Honorary Consul of Vietnam in Switzerland

Mr. Warwick Morris, Chairman of the Vietnam-UK Network (VUKN). (Photo: VNA) London (VNA) – Vietnamese National Assembly Chairman Vuong Dinh Hue and his entourage will make good use of the visit to the United Kingdom (UK) to develop further links between the two countries' parliamentarians, according to Mr. Warwick Morris , Chairman of Vietnam-UK Network (VUKN). 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 UK from June 28 – 30. Mr. Morris spoke highly of the Vietnam – UK 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 UK … [Read more...] about Vietnam, UK legislatures will find common ground for closer cooperation: VUKN Chairman

The adaptation of circular economic models would help Vietnam realize its commitment to net-zero carbon emissions target by 2050. The Ministry of Natural Resources and Environment (MONRE) today [June 28] held a conference to kickstart the formulation of a national action plan to promote a circular economy in Vietnam. Minister of MONRE Tran Hong Ha at the event. Photos: UNDP At the event, Minister of MONRE Tran Hong Ha said climate change, environmental pollution, and the degradation of the natural ecosystem are posing threats to the world. He referred to the sixth assessment report of the Intergovernmental Panel on Climate Change (IPCC-AR6) which stated that if global warming gradually increases 1.5 degrees Celsius above the pre-industrial level, some impacts may be lasting or irreversible, such as the loss of some ecosystems. The IPCC also estimated since 2008, around 20 million people annually have been forced to leave their homes behind due to extreme … [Read more...] about Vietnam to draft national action plan for circular economy adaptation

Tan Phu Plastic Company produces safe products to serve the local market. The "Zero Covid" policy of China means many Vietnamese producers lack input materials. (Photo courtesy of the firm) The worst sufferers were the electronics, wood, textiles, and footwear industries. According to the Ministry of Industry and Trade (MoIT), China was an important market for the export and import activities of Vietnam as it provides the majority of input materials for Vietnam's production, especially electronic components, machinery parts, fabrics and chemicals. MoIT said from 50 to 55 percent of raw materials and accessories for the textile, garment, and footwear industries originated from China. The country was currently implementing the "Zero Covid" strategy, which forced many factories there temporarily stop production to fight the pandemic. The import-export activities in the neighboring country were affected a lot by the shortage of containers at ports. Phan Thi Thanh Xuan, Vice … [Read more...] about Local enterprises lack materials due to China’s ‘Zero Covid’ policy

Deputy Minister of National Defence Sen. Lt. General Nguyen Tan Cuong (right) hosts visiting Chief of Staff of the Japan Air Self-Defence Force General Izutsu Shunji in Hanoi on June 28. (Photo: VNA) Hanoi (VNA) – Deputy Minister of National Defence Sen. Lt. General Nguyen Tan Cuong hosted a reception for visiting Chief of Staff of the Japan Air Self-Defence Force General Izutsu Shunji in Hanoi on June 28. With the Vietnam – Japan strategic partnership growing strong, the bilateral defence ties have seen steady development and made a critical pillar of the two countries’ relations, said Cuong, who is also Chief of the General Staff of the Vietnam People’s Army (VPA). He highlighted the Joint Vision Statement on Defence Cooperation signed between the two countries in 2018, saying it has been helping lift the bilateral defence partnership to a new height. He also highly spoke of the assistance provided by the Japanese Ministry of Defence in capacity building to Vietnam … [Read more...] about Vietnam, Japan seek stronger ties in air defence

Vietnam earned a score of 78.49 to rank 62 out of 165 countries and territories included in 2021 World’s Best Countries For Quality of Life recently released, moving up its ranking of 101st out of 171 countries in the previous edition. The ranking was determined based on 10 key categories: affordability, economic stability, family-friendly, a good job market, income equality, political neutrality & stability, safety, cultural influence, well-developed public education system and well-developed public health system. Each attribute was graded on a 100-point scale. Compared to Southeast Asia peers, Vietnam lags behind Singapore (19th place), Thailand (38th), the Philippines (39th), Malaysia (41st) and Indonesia (58th), though ranking above Myanmar (101st), Cambodia (111th) and Timor-Leste (149th). Laos was not included in the report. Finland tops the list with 99.06 points. Denmark and Norway each earned an overall score of 98.13 and 96.75 to complete the global top three. … [Read more...] about Vietnam leaps up global quality of life ranking