Fair trade ties

Ambassadors from ASEAN member states take a tour around the ASEAN Trade Fair as part of Seoul Food 2023, one of the largest food exhibitions in Asia, at KINTEX in Goyang, Gyeonggi Province, on May 30.(Photo courtesy of ASEAN-Korea Centre) Seoul (VNA) – The ASEAN-Korea Centre (AKC) on May 30 opened an ASEAN Trade Fair in the framework of the Seoul Food 2023 (SF2003) to showcase food and beverage products from ASEAN countries and create opportunities for ASEAN companies to connect and establish business partnerships with partners from the Republic of Korea (RoK). food was also held within the framework of the fair, drawing representatives from 43 enterprises of ASEAN as well as other stakeholders in the Korean food and beverage sector. Trade Fair , which will last until June 2, also showcases ASEAN products including healthy food and vegetarian food. Food tasting events will also be organised for visitors to experience a variety of ASEAN foods and beverages. Seoul Food … [Read more...] about ASEAN, RoK boost business ties in food, beverage

Vietnam firmly opposes using or threatening to use nuclear weapons and respects sovereignty and territorial integrity. Vietnam urges all parties engaged in conflicts to seek resolution through dialogue, focusing on finding a long-term solution that considers the legitimate interests of all involved. PM Chinh and world leaders at the session. Photos: Nhat Bac Prime Minister Pham Minh Chinh made the remarks at an expanded session of the G7 Summit in Hiroshima, Japan, on May 21 to discuss visions for a peaceful, stable, and prosperous world. Chinh stressed Vietnam's commitment to promoting peace and ending conflicts. He said that Vietnam firmly opposes the use and threat of nuclear weapons, respects sovereignty and territorial integrity, and seeks to ensure food security, energy stability, and the well-being of its people. Calling for adherence to the principles of the United Nations Charter and international law, the Prime Minister urged all parties … [Read more...] about Vietnam calls for peaceful measures to int’l disputes: PM

The anniversary was celebrated at a gala ceremony in Hanoi on May 19, with executives from Vietnam’s business community and senior government officials from both Vietnam and Japan in attendance. The partnership officially began in May 2013, when MUFG, the banking entity of one of the world’s largest financial groups, invested in a 19.73 per cent stake in VietinBank , one of Vietnam’s top banks. This strategic investment and comprehensive cooperation agreement was regarded as an unprecedented merger and acquisition investment in the history of the Vietnamese banking industry. Since then, both organisations have leveraged their respective strengths to better serve clients and connect them to opportunities both within Vietnam and across Asia. VietinBank's chairman and MUFG Bank’s CEO at the ceremony Ten years of progress together Over the past 10 years, the synergy of VietinBank and MUFG’s combined network and expertise has allowed both banks to not only expand … [Read more...] about VietinBank and MUFG Bank celebrate 10 years of strategic alliance

VietinBank and MUFG Bank, Ltd. (MUFG) commemorate 10 years of their strategic alliance that has enabled both organizations to support the growth of Vietnam’s banking sector and foster deeper Vietnam-Japan business and knowledge exchanges. The anniversary was celebrated in a gala ceremony in Hanoi on May 19, with senior executives from Vietnam’s business community and the senior government officials of Vietnam and Japan in attendance. The partnership officially began in May 2013, when MUFG, the banking entity of one of the world’s largest financial groups, invested in a 19.73 percent stake in VietinBank, one of Vietnam’s top banks. This strategic investment and comprehensive cooperation agreement was regarded then as an unprecedented M&A investment in the history of the Vietnamese banking industry. Since then, both organizations have leveraged their respective strengths to better serve clients and connect them to opportunities both within Vietnam and across Asia. 10 … [Read more...] about VietinBank, MUFG Bank celebrate 10 years of strategic alliance

Addressing the opening of the booth, Vietnamese Ambassador to Singapore Mai Phuoc Dung said that the event helps Singaporean and international friends get a better understanding about the potential and strengths of the Vietnamese tea and coffee industry, contributing to bringing Vietnamese farm produce trademarks to the world. Dung said that trade ties between Vietnam and Singapore have been continuously growing. Two-way trade reached 9.1 billion USD in 2022, up 11% year on year, he said, noting that Vietnam and Singapore are the only two ASEAN member countries that have signed free trade agreements with the U.K. and E.U. The two countries have also joined a number of other trade deals such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP), said the diplomat, adding that the two sides are taking full advantage of the deals to speed up post-pandemic recovery and support each other. … [Read more...] about Vietnam joins int’l coffee, tea expo in Singapore

Keep up with the latest news from Vietnam. Vietnam to join Japan's Indo-Pacific development initiative Vietnam is interested in joining Japan’s plan to develop infrastructure in the Indo-Pacific and hopes the East Asian country will help pave the way to make it happen, Deputy Prime Minister Tran Luu Quang told Japanese Foreign Minister Hayashi Yoshimasa on May 25. In March 2023, Japanese Prime Minister Kishida Fumio unveiled an initiative worth a total of US$75 billion under a cooperation agreement between the Japanese government and the private sector. It is expected to start in 2030. Ancient woodblock restoration program completed Nguyen Dynasty woodblocks stored and preserved in Lam Dong Province's Da Lat City. Photo: Vietnam News Agency A ceremony was held on May 25 to announce the successful implementation of a project to restore 500 xylographs from the Nguyen Dynasty. The project, which received US$88,000 in funding from the United States … [Read more...] about Vietnam News Highlights for May 26, 2023