Development strategy

The week-long event, which started on June 26, is hosted by the Vietnam Trade Office under the Vietnamese Embassy in the U.K. in collaboration with the Vietnam Business Association in the U.K. (VBUK), and Longdan and EUTEK groups. As part of activities in the trade promotion program of the Vietnamese Ministry of Industry and Trade (MoIT), the event aims to promote Vietnamese high-quality products which are benefiting from the U.K.-Vietnam Free Trade Agreement (UKVFTA), to British retailers and consumers. Handicraft products, coffee, fresh and dried fruits, canned fruit juice, vermicelli, dried noodle, rice papers, cashew nuts, and fragrant rice of reputable export enterprises of Vietnam are being displayed at the supermarket and Vietnamese markets in Nottingham city. At the event, Sao Thai Duong JSC became the first Vietnamese enterprise to set up a showroom in the U.K. to introduce its herbal healthcare and beauty products. Speaking at the opening ceremony, Ambassador Nguyen … [Read more...] about Vietnamese goods, foods introduced in U.K.

NA Chairman Vuong Dinh Hue (second, left) and his Hungarian counterpart László Kövér (second, right) co-chair the legislative conference in Budapest on June 27. (Photo: VNA) Budapest (VNA) – Chairman of the Vietnamese National Assembly (NA) Vuong Dinh Hue and his Hungarian counterpart László Kövér co-chaired a legislative conference in Budapest on June 27, with a focus on the legal framework on greenhouse gas (GHG) emission reduction, renewable energy, and the green economy. In his remarks, Kövér said Hungary is always determined to protect the environment, which is clearly reflected in its development orientations and legal regulations. Its climate policy was adapted to the European Union (EU)’s requirements but didn’t neglect its own features and its people’s interests. Hungary was one of the first countries to issue legal mechanisms for realising the goals of reducing 40 percent of GHG emissions by 1990 and achieving climate neutrality by 2050. Its law on … [Read more...] about Vietnam – Hungary legislative conference talks legal framework for green development

NA Chairman Vuong Dinh Hue (L) and his Hungarian counterpart László Kövér at the press meeting on June 27. (Photo: VNA) Budapest (VNA) – Vietnamese National Assembly (NA) Chairman Vuong Dinh Hue's official visit to Hungary has attracted attention from the media in Eastern Europe. In Hungary, Magyar Nemzet (Hungarian Nation) newspaper ran an article saying the two countries’ traditional friendship has recorded great strides, especially since the visit to Vietnam by Prime Minister Orban Viktor and a trip to the European nation by General Secretary of the Communist Party of Vietnam Nguyen Phu Trong. Hue's visit from June 25-28 would create a stepping stone for the two countries’ comprehensive partnership to enter a new chapter in the time ahead, particularly after Vietnam and the European Union (EU) completed the ratification of the EU-Vietnam Investment Protection Agreement (EVIPA) and a free trade agreement (EVFTA), according to Magyar Nemzet. In its writing, Magyar … [Read more...] about NA leader’s Hungary visit grabs headlines on Eastern European media

As much as 755.75 million USD in FDI was poured into Hai Phong city in the first half of this year. (Photo: VNA) Hanoi (VNA) – The northern city of Hai Phong has attracted 755.75 million USD in foreign direct investment (FDI) to local industrial parks (IPs) and economic zones (EZs) in the first half of 2022, raising total FDI there to 22.07 billion USD. According to the Hai Phong EZ Authority, the amount was channelled into 21 new FDI projects and 18 existing ones. It is equivalent to 56.2% of the FDI registered in the same period last year. At present, IPs and EZs in the city are home to 438 FDI projects worth 22.07 billion USD in total and 195 domestic investment projects worth 12.57 billion USD. Head of the authority Le Trung Kien said from now to 2025, the 15 IPs in the city will be expanded to 6,418ha from the current 6,074ha. The latest of them is Tien Thanh IP, for which an infrastructure construction and business project recently received an … [Read more...] about Hai Phong attracts more foreign direct investment in H1

Illustrative image. (Photo: SGGP) The People's Committee of HCMC said that the disbursement rate of the Public Investment Plan in 2022 is not much compared to previous years due to many difficulties and obstacles, but mainly the impact of the Covid-19 pandemic in 2021. The restart of the construction of projects in the first months of 2022 experienced a certain delay after the time the city adopted measures to respond to the Covid-19 pandemic. In addition, input costs were unstable and tended to increase. Besides the above objective reasons, the People's Committee of HCMC also raised some other subjective reasons affecting the disbursement progress of public investment capital, for example, difficulties related to site clearance; it is necessary to have time to carry out the project adjustment procedures on the basis of Resolution No.99/NQ-HDND dated October 19, 2021, of the People's Council of HCMC and Decision No.4354/QD-UBND dated December 28, 2021, on the medium-term capital … [Read more...] about HCMC disburses only 17 percent of public investment capital in first six months

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 decreased in 2021 due to the pandemic. Phuc urged the three countries to act to further bolster economic, trade and investment cooperation. He asked Rosler to continue working to promote the Vietnam-Germany strategic partnership and the Vietnam-Switzerland friendship and collaboration, particularly the early signing of a free trade agreement between Vietnam and the European Free Trade Association (EFTA).  He added that he … [Read more...] about President hosts Honorary Consul of Vietnam in Switzerland

Do Hung Viet, Assistant to the Vietnamese Minister of Foreign Affairs, made the remarks while attending the annual debate on women’s rights at the HRC’s 50th regular session in Geneva on June 27. In his speech, Viet highlighted the important role of women, stressing the need to ensuring their rights and development opportunities through specific and effective support policies. He also shared Vietnam’s experience and efforts in this regard, noting Vietnam is one of the countries with the longest maternity leaves in the world. Emphasising the country’s priority for gender equality promotion and women empowerment, he added Vietnam is ready to cooperate with other countries in these common efforts. At the debate, participants underlined the necessity to build comprehensive and effective policies for ensuring gender equality and rights of women, who are in charge of a huge domestic workload but unpaid or underpaid, which has subsequently affected women’s full participation in … [Read more...] about Vietnam keeps prioritizing gender equality promotion: officials

At the meeting, on behalf of the N.A. deputy delegation, Nguyen Lam Thanh, Vice Chairman of the N.A.’s Council of Ethnic Minorities, reported on important outcomes of the freshly-concluded third session of 15th N.A. In particular, in 19 scientific, democratic, and highly responsible working days, the 15th N.A.’s third meeting achieved all set targets. During this session, the 15th N.A. looked into a large amount of work and made decisions on many important contents for 2022 and the following years. As a result, the 15th N.A. passed five laws, adopted 17 resolutions, and gave opinions on six draft laws and resolutions and other important contents. On hearing the achievements of the aforementioned meeting, participating voters voiced their opinions and suggested the delegation of Thai Nguyen N.A. deputies make proposals to the N.A. on creating a special mechanism for Thai Nguyen province to make the best of its full potential, and strengths to develop in the coming time. With … [Read more...] about Defense Minister meets with Pho Yen voters

The meeting was part of Chairman of the National Assembly of Vietnam Vuong Dinh Hue’s ongoing official visit to Hungary. At the meeting, the two senior officials evaluated that the outcomes of the bilateral defense cooperation achieved over the past time on the basis of the memorandum of understanding on defense cooperation signed in 2018 have actively contributed to developing the comprehensive partnership between Vietnam and Hungary, meeting each side’s needs and interests. They wished the two sides to bolster the implementation of existing cooperation contents with a focus on delegation exchange, training, U.N. peacekeeping operations, settlement of war legacy, collaboration between the Vietnamese Ministry of National Defense and the European Union (E.U.) in realizing the framework participation agreement (FPA) on Vietnam’s participation in the E.U.'s crisis management activities. Also at the event, General Vinh informed the host of the first-ever International Defense Expo to … [Read more...] about Vietnam, Hungary agree to enhance defense cooperation

During the reception, Sr. Lt. Gen. Nguyen Tan Cuong affirmed that on the basis of the Vietnam- Japan extensive strategic partnership, defense cooperation over the past time has made great strides, underlining that it is one of the important pillars in the two countries’ cooperative relation. In 2018, the Vietnamese and Japanese Defense Ministries signed the Joint Vision Statement on Vietnam – Japan Defense Cooperation towards the next decade to open up the new development stage between the two countries’ defense, including the cooperation between Vietnam’s Air Defense – Air Force Service and Japan’s Air Self-Defense Force. Also, Gen. Cuong spoke highly of the supporting program of Japan’s Defense Ministry to enhance the specialized and technical capabilities of the Vietnamese Air Defense – Air Force Service, adding that the support has contributed to tightening friendship and mutual understanding between the two sides. At the event, Gen. Cuong required General Izutsu Shunji to … [Read more...] about Defense leader receives Japanese counterpart