NA Chairman Vuong Dinh Hue (eighth from left) presents a gift to a representative of the Lao - Viet Bank on May 15. (Photo: VNA) Vientiane (VNA) – National Assembly (NA) Chairman Vuong Dinh Hue visited the Lao - Viet Bank (LVB), the commercial representative of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) in Laos, in Vientiane on May 15. LVB was established on June 22, 1999 and had charter capital of 791.3 billion LAK (100 million USD at the date of capital contribution). Present in nine of the 18 provinces and cities in Laos, it is Vietnam’s leading commercial bank and also one of the three largest financial institutions in the country, with total assets currently approximating 1.1 billion USD - ranking third in the local banking system. Speaking highly of the bank’s development over the last 23 years, Chairman Hue, who is paying an official visit to Laos, said BIDV should help promote investment and give advice to Vietnamese … [Read more...] about NA Chairman visits Lao – Viet Bank in Vientiane
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N.A. Chairman visits Lao – Viet Bank in Vientiane
LVB was established on June 22, 1999 and had charter capital of 791.3 billion LAK (100 million USD at the date of capital contribution). Present in nine of the 18 provinces and cities in Laos, it is Vietnam’s leading commercial bank and also one of the three largest financial institutions in the country, with total assets currently approximating 1.1 billion USD - ranking third in the local banking system. Speaking highly of the bank’s development over the last 23 years, Chairman Hue, who is paying an official visit to Laos, said BIDV should help promote investment and give advice to Vietnamese firms planning to invest and do business in Laos. As bilateral trade stands at only 1.3 billion USD at present, much lower than the target of 2 billion USD, enterprises should make use of the Lao market, which is in close proximity to Vietnam. Aside from credit services, BIDV and its LVB need to develop non-credit ones so as to help achieve that target, he went on. The great friendship, … [Read more...] about N.A. Chairman visits Lao – Viet Bank in Vientiane
Việt Nam to play more active role at UN: PM
Prime Minister Phạm Minh Chính held a meeting with UN Deputy Secretary-General Amina J. Mohammed in New York on May 16 (local time). — VNA/VNS Photo Dương Giang HÀ NỘI — Việt Nam will continue bringing into play its role and making more active and constructive contributions to the common work of the United Nations in all the three pillars – security-politics, development and human rights, Prime Minister Phạm Minh Chính has said. At a meeting with UN Deputy Secretary-General Amina J. Mohammed in New York on May 16 (local time), the PM stressed that the year 2022 is of great significance as it marks the 45th anniversary of Việt Nam’s UN membership. Appreciating the UN’s valuable contributions and support to Việt Nam over more than four decades, the PM asked Amina to convey his invitation to Secretary-General Antonio Guterres and other UN leaders to visit Việt Nam this year to foster multi-faceted cooperation between the two sides. Chính reiterated Việt Nam’s strong commitments … [Read more...] about Việt Nam to play more active role at UN: PM
Vietnam to play more active role at UN: PM
Prime Minister Pham Minh Chinh (left) and UN Deputy Secretary-General Amina J. Mohammed . (Photo: VNA) New York (VNA) – Vietnam will continue bringing into play its role and making more active and constructive contributions to the common work of the United Nations in all the three pillars – security-politics, development and human rights, Prime Minister Pham Minh Chinh has affirmed. At a meeting with UN Deputy Secretary-General Amina J. Mohammed in New York on May 16 (local time), the PM stressed that the year 2022 is of great significance as it marks the 45th anniversary of Vietnam’s UN membership. Appreciating the UN’s valuable contributions and support to Vietnam over the past more than four decades, the PM asked Amina to convey his invitation to Secretary-General Antonio Guterres and other UN leaders to visit Vietnam this year to foster multi-faceted cooperation between the two sides. PM Chinh reiterated Vietnam’s strong commitments to multilateralism and a world … [Read more...] about Vietnam to play more active role at UN: PM
Vietnam to play more active role at U.N.: PM
At a meeting with U.N. Deputy Secretary-General Amina J. Mohammed in New York on May 16 (local time), the PM stressed that the year 2022 is of great significance as it marks the 45th anniversary of Vietnam’s U.N. membership. Appreciating the U.N.’s valuable contributions and support to Vietnam over the past more than four decades, the PM asked Amina to convey his invitation to Secretary-General Antonio Guterres and other U.N. leaders to visit Vietnam this year to foster multi-faceted cooperation between the two sides. Chinh reiterated Vietnam’s strong commitments to multilateralism and a world order based on international law and the U.N. Charter, as well as the country’s support for the U.N.’s central role in the global administration system, saying it needs global, all-people, and comprehensive approaches to tackle common challenges like epidemics and climate change. Vietnam backs enhancing relations between the U.N., parliaments of its member countries and the … [Read more...] about Vietnam to play more active role at U.N.: PM