India vietnam military cooperation

Outstanding tariff preferences The British Embassy in Vietnam has forecast that Vietnam will save about US$151 million in tariffs from the deal, while the UK stands to save around US$36 million. Although the UKVFTA took effect at a time when the pandemic was ravaging the two countries, bilateral trade still reached US$6.6 billion in the pact’s first year. In fact, 65 percent of all tariffs have already been eliminated from UK-Vietnam trade. In the first six years of the deal, the UK will eliminate 99.2 percent of tariff lines on Vietnam’s imports. This is higher than the terms of the EU-Vietnam Free Trade Agreement (EVFTA) with 70.3 percent tariff elimination. Vietnam pledges to eliminate 48.5 percent of tariffs, matching other EU countries under the EVFTA. Import tax on most types of Vietnam’s raw shrimp into the UK is being scrapped Other tariff preferences in the UKVFTA include zeroing out import tax on most types of raw shrimp into the UK from 10-20 percent; a … [Read more...] about UK trade pact benefits Vietnam

The delegation of the Lao Military Science and History Department is on a working visit to Vietnam to work with the Institute for Defense Strategy under the Vietnamese Defense Ministry. At the reception, Lieutenant General Huynh Chien Thang affirmed that the Vietnam – Laos special relationship is always of special significance to the two nations. Senior leaders of the two countries have always attached great importance to preserving and consolidating the Vietnam-Laos relationship with the desire to make the bilateral relationship develop more fruitfully. The Vietnamese Deputy Chief of the General Staff emphasized that the Party, State, Government, military and people of Vietnam always bear in mind the support and assistance of the Lao Party, State, Government, military and people for its struggle for national independence and reunification in the past as well as current national construction and development cause. He added that Vietnam treasures and always gives priority to … [Read more...] about Defense leader receives Lao Military Science and History Department’s mission

Major tech-based companies like Samsung and Intel already have a presence in Vietnam, but the country is seeking even more, Photo: Le Toan The Fortune Global 500 goal is a highlight of Vietnam’s strategy for foreign investment cooperation for the 2021-2030 period. At a conference on strengthening Vietnam-Japan cooperation and development organised in the northern province of Vinh Phuc last week, Masuoka Hiroyoshi, general director of Thang Long Industrial Park Company, said that the group is continuing to survey locations to develop industrial zones, following Thang Long I and II industrial parks (IPs) in Hanoi and the northern province of Hung Yen and Thang Long IP in the northern province of Vinh Phuc. Sumitomo Corporation is one of the groups listed on the Fortune Global 500, and has operated IPs for over 20 years in Vietnam. “Since first entering Vietnam, the corporation has received support from the government, relevant authorities, and localities in completing … [Read more...] about Vietnam going for gold with Fortune Global 500 attraction

UK trade minister Anne-Marie Trevelyan said the country wants to be a part of Vietnam’s development story in the 21st century, and fostering bilateral trade relations is among its priorities. Vietnam and the UK should set a trade turnover target of over US$10 billion by 2023, which would be a meaningful step to mark the 50 th anniversary of Vietnam-UK diplomatic relations next year. Chairman of the National Assembly Vuong Dinh Hue (mid) at the forum. Source: VNA Deputy Prime Minister Le Van Thanh gave the remarks at the Vietnam-UK High-level Forum on Economy and Trade held on June 29. The event is one of the highlights of a visit to the UK by the high-ranking delegation from the National Assembly of Vietnam led by Chairman Vuong Dinh Hue from June 28-30. According to Thanh, the Vietnam-UK strategic partnership has progressed strongly over the years and contributed to socio-economic development in each country. Thanh expected the partnership would … [Read more...] about Vietnam-UK target US$10-billion trade turnover by 2023

The two officials discussed many cooperation areas, including digital transformation in tertiary and general education, environmental education, English language training, examination, student exchange, and postgraduate training. Minister Son, who is accompanying National Assembly Chairman Vuong Dinh Hue in an official visit to the U.K., said bilateral cooperation in education has been growing in width, and that Vietnam wishes to further develop it in depth. He expressed his hope that the U.K. Government and the British Council will further help Vietnam in English language training, enhance teachers’ capacity, and improve educational quality and the capacity of educational quality verification. Son also called on the U.K. Government to assist with the teaching and learning for ethnic minority children in mountainous areas which face shortages of teachers as well as teaching and learning tools, especially for online learning. The official also suggested British universities … [Read more...] about Vietnam, U.K. to step up educational cooperation

An overview of the forum (Photo: VNA) Hanoi (VNA) – National Assembly Chairman Vuong Dinh Hue attended the Vietnam-UK high-level forum on economy and trade in London on June 29 (local time), as part of the leader’s ongoing visit to the UK. Aiming to seek stronger economic, trade and investment partnership between the two countries, the event drew Vietnamese Deputy Prime Minister Le Van Thanh, Britain Secretary of State for International Trade Anne Marie Trevelyan, and MP Graham Stuart, UK Prime Minister's Trade Envoy to Vietnam, and a large number of Vietnamese and Britain businesses. Addressing the event, Deputy PM Thanh highlighted important progress in the Vietnam-UK Strategic Partnership , as well as great chances for both sides to bolster their ties from the UK-Vietnam Free Trade Agreement ( UKVFTA ). He underlined that both sides should optimise advantages from the deal by encouraging the promotion of the two-way trade and investment, and creating favourable … [Read more...] about NA Chairman attends Vietnam-UK high-level forum on economy, trade

Vietnam remains supportive and would serve as the bridge for the UK to expand its partnership with ASEAN, calling for the UK parliament to support ASEAN’s central role in the region, as well as Vietnam’s stance on regional security issues. Vietnam and the UK are seeking closer relations at a time when the bilateral strategic partnership has been at its best with strong progress in all spheres. Chairman of Vietnam National Assembly Vuong Dinh Hue and Speaker of the House of Commons of the UK Lindsay Hoyle. Source: VNA The view was shared during a meeting between Chairman of Vietnam National Assembly Vuong Dinh Hue and Speaker of the House of Commons of the UK Lindsay Hoyle in London today [June 29]. According to Hue, trade and investment cooperation between the two countries has benefited from the UK-Vietnam Free Trade Agreement (UKVFTA) that took effect in early 2021. Hue expected both sides to continue taking advantage of the deal to boost bilateral trade … [Read more...] about Vietnam, UK seek closer relations

Deputy Minister of Justice Nguyen Khanh Ngoc holds talks with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 29. (Photo: VGP) Hanoi (VNA) – Deputy Minister of Justice Nguyen Khanh Ngoc held talks with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 29 to chalk out ways to step up cooperation. Ngoc highly appreciated Furukawa for selecting Vietnam as one of the destinations in his first foreign trip since taking office in October 2021, saying Japan was the first bilateral partner providing technical support for Vietnam in legal and judicial matters, particularly through projects run by the Japan International Cooperation Agency (JICA) in Vietnam since 1996. Japan has been providing Vietnam with assistance in law-making in civil and economic affairs and litigation, as well as capacity building. To further boost the bilateral partnership in the coming time, Ngoc suggested the two sides continue effectively executing … [Read more...] about Vietnam, Japan boost legal and judicial cooperation

Nhập mô tả cho ảnhMinister of Public Security To Lam meets with Japan ese Minister of Justice Furukawa Yoshihisa in Hanoi on June 30. (Photo: VNA) Hanoi (VNA) – Minister of Public Security To Lam wishes Vietnam and Japan will step up negotiations and sign agreements for closer coordination in crime prevention during his meeting with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 30. Lam highlighted Furukawa Yoshihisa’s visit, saying it is of significance as it sets the scene for Vietnam and Japan to resume judicial cooperation post-pandemic. Vietnam and Japan will be celebrating the 50th anniversary of their diplomatic relations next year. Minister Lam expressed his delight at achievements in the two countries' partnership in politics, diplomacy, economics, trade and culture, saying the bilateral relationship is at its best ever. The two ministries signed an agreement for the transfer of convicted persons in 2019 which took effect in August … [Read more...] about Vietnam eyes stronger cooperation with Japan in crime combat

Vietnam and the UK would strengthen cooperation in green finance, and digitalization of the financial sector, with the UK's assistance in providing the required resources for Vietnam to realize its commitments at the COP26. Vietnam expects to receive UK’s support in finalizing legal frameworks in the field of banking and finance, as well as a performance evaluation system for businesses. Chairman of the National Assembly Vuong Dinh Hue and the Acting Mayor of the City of London Peter Estlin. Source: VNA Chairman of the National Assembly Vuong Dinh Hue expressed his hope during a meeting with the Acting Mayor of the City of London Peter Estlin on June 29 (local time) in the UK’s capital. At the meeting, Hue highlighted the role of London as one of the world’s largest financial centers in the world, while many UK finance-banking institutions such as Prudential, HSBC, and Standard Chartered have been effectively operating in Vietnam over the years. In this … [Read more...] about Vietnam looks for UK support in finalizing financial regulations: NA Chairman