Indian renewable energy development agency

This will contribute to promoting the strategic cooperative partnership between the two countries and for the sake of their peoples, Ngan said. She agreed with the RoK Speaker that the friendship and cooperation between the two countries have witnessed remarkable strides and become even closer since the establishment of diplomatic ties in 1992, especially in the fields of politics, economy, culture, and people-to-people exchange. Bilateral relations have been developing comprehensively in all fields, Ngan said, adding that Vietnam and the RoK have become leading partners of each other in various realms. The top legislator spoke highly of the state visit to Vietnam by RoK President Moon Jae-in in March 2018, which, she said, was an important highlight in the development of the bilateral rapport. The maintenance of high-level visits across all channels, from the State and National Assembly to the Government, has significant meaning in enhancing the multi-faceted cooperation between the two countries as well as promoting exchanges between ministries, localities, and peoples to increase their mutual understanding, she said. She added that Vietnam attaches great importance to developing cooperative relations with the RoK and considers the country an important long-term partner. The two countries share many historical and cultural similarities and hold common benefits in maintaining peace, stability, and cooperation for the development of each nation as well as the region and the world. Vietnam is willing to work with the RoK towards elevating the bilateral strategic partnership and cooperation expansion in various fields, she noted. For his part, Moon Hee-sang noted that Vietnam is the fourth biggest trade partner of the RoK. In 2017, two-way trade hit 63.9 billion USD, a year-on-year rise of 40 percent. Meanwhile, the RoK is the largest investor in Vietnam with 75 billion USD invested to date, he said. The Speaker said that President Moon Jae-in put …

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Corals and caves Ninh Thuan, with its coast and forests, has ideal conditions for tourism development, said the provincial People’s Committee Chair Tran Quoc Nam. Ninh Thuan is home to ancient rare and precious coral reefs, which only emerge on the water surface from May to the end of July, especially on the 1st and the 15th day of the lunar month creating spectacular scenery. Ninh Thuan is also famous for Nui Chua National Park with its tropical landscapes and climate conditions, including dwarf forests on rocky mountains, mineral springs, white sand beaches, colorful coral reefs, and spectacular caves, all making up a unique, rare ecosystem, Nam said. The picturesque Hang Rai The 31,000-hectare Nui Chua National Park is the only place in Vietnam with a dry forest ecosystem, attracting sea turtles in the annual spawning season. The park also accommodates Vietnam’s largest coastal coral reefs and boasts one of the most beautiful and pristine coasts in the central region, among them Nuoc Ngot, Chuoi, Thung and Kenh beaches. The coastline, totaling tens of kilometers in length and accommodating 350 species of coral, has attracted hundreds of thousands of visitors to the region every year. Ninh Thuan is renowned for the well-preserved wild beaches of Ninh Chu, Vinh Hy Bay, Hang Rai, and Binh Tien. The 10km-long Ninh Chu Beach is among the nine most beautiful beaches in Vietnam, forming part of the Da Lat-Nha Trang-Ninh Chu tourist triangle. Ninh Thuan considers investment in Ninh Chu Beach one of its priorities. The three new tourist attractions in Ninh Chu - Ninh Chu, Hoan Cau and Den Gion - have drawn many visitors. Vinh Hy Bay in Vinh Hy Village, 40km from Phan Rang-Thap Cham City, is considered one of Vietnam’s eight most beautiful bays and one of the world’s nine biosphere regions. The bay has well preserved natural beauty with white sandbanks circling steep rocky mountains and streams babbling through extensive green forests. Thanks to …

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Illustrative image (Photo: VNA) Hanoi (VNA) – The vietnam-briefing.com published by Dezan Shira & Associates - a consultancy firm on foreign investment in Asia - on May 6 run an article, emphasising that since the EU-Vietnam Free Trade Agreement (EVFTA) took effect in August 2020, Belgium has played a significant role in promoting trade and foreign investments into Vietnam. According to the article, major sectors that Belgian investors have particularly shown interest in is industrial zones, food and beverage, processing and manufacturing, pharmaceutical, and renewable energy. It noted that with increasing trade and investment between Belgium and Vietnam, Belgian investors have opportunities to invest in Vietnamese industries, favoring the economic and political landscape between the two countries. Over the past decade, trade and investment relations between Vietnam and Belgium have improved considerably. This has been attributed to Vietnam’s growing economy and the expansion and globalisation of some Belgian corporations. The article quoted Riccardo Benussi, Head of European Business Development of Dezan Shira & Associates, saying that more Belgian companies are looking to invest in Vietnam, especially with the implementation of the EVFTA and subsequent reduced tariffs. As of March 2021, Belgium has 78 investment projects in Vietnam, with a total registered capital of 1.1 billion USD, ranking 23rd among 131 countries and territories investing in Vietnam. On the other hand, Vietnam is Belgium’s 14th largest trade partner, with a trade value reaching approximately 707.55 million USD in 2020, up 6.7 percent compared to 2019. In the first seven months of 2020, due to the COVID-19 pandemic, Vietnam’s export value to Belgium totaled 1.4 billion USD, down 17.7 percent year-on-year. On the other hand, Vietnam imported 459 million USD worth of goods from Belgium, up 11.9 percent year on year. The article said these figures demonstrate that …

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