Vietnam and Australia are actively coordinating to prepare for activities commemorating 50 years of diplomatic relations, including high-level visits, cultural events, people-to-people exchange, and tourism promotion. Australia aims to expand cooperation with Vietnam in many fields, such as energy, education, defense, science, technology, innovation, gender equality, and cultural exchange. Delegates looked at children's drawings on display at the program. Photo: VNA That's the statement of Australian Ambassador to Vietnam Andrew Goledzinowski during a friendship exchange to celebrate the 50th anniversary of establishing diplomatic relations between Vietnam and Australia (February 26, 1973). The event was jointly organized by the Australian Embassy in Vietnam, the Hanoi Union of Friendship Organizations and the Vietnam-Australia Friendship Association in Hanoi on March 31. Speaking at the ceremony, the Ambassador emphasized that the bilateral relationship … [Read more...] about Vietnam, Australia eye stronger multifaced cooperation
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Viet Nam remains favoured destination for global investors
Speakers at the Vietnam Innovation Forum titled “Sailing the digital sea” in HCM City on Thursday. — Photo Courtesy of NIC Investors hold an optimistic view of the country’s start-up eco-system, according to the 2023 Viet Nam Innovation and Tech Investment Report. Released by the Viet Nam National Innovation Centre (NIC) and Do Ventures at the Vietnam Innovation Forum titled “Sailing the digital sea” in HCM City on Thursday, it was the third annual report. It said: “Despite the turbulent global investment climate, Viet Nam remains a favoured destination for investors due to its sturdy economic growth and skilled young workforce.” The most common advice given to start-ups was to focus on the fundamental aspects of business, utilise capital wisely with a strategic approach and adjust to changes in the economic climate. The country's venture capital developments began to reflect global economic distress. So, despite a strong economic rebound, there was a 56 per cent decline … [Read more...] about Viet Nam remains favoured destination for global investors
High-level ASEAN seminar talks aligning policies for climate transition
Illustrative image (Photo: Antara) Jakarta (VNA) – As part of the first ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) 2023 in Bali on March 30, Indonesia organised a high-level seminar themed “Aligning Policies for Climate Transition” to support the message of sustainable development, one of the ASEAN priority economic deliverables (PED) this year. Speaking at the event, Governor of Bank Indonesia (BI) Perry Warjiyo said central banks play a crucial role in building a framework for green finance transformation, highlighting transparency and sustainability, as well as developing policies and mechanisms towards the goal of achieving net zero emissions to mitigate climate change . He stressed that the ASEAN countries need technical support in the green transition process, in which the role of central banks is not only to promote but also carry out green finance, especially through financing the transition. Delegates at the event discussed … [Read more...] about High-level ASEAN seminar talks aligning policies for climate transition
Vietnam, Italy agree on orientations to enhance Strategic Partnership
Vietnam ese Deputy Minister of Foreign Affairs Le Thi Thu Hang (R) and Italian Undersecretary for Foreign Affairs and International Cooperation Maria Tripodi (Photo: VNA) Rome (VNA) – Vietnamese Deputy Minister of Foreign Affairs Le Thi Thu Hang and Italian Undersecretary for Foreign Affairs and International Cooperation Maria Tripodi co-chaired the fifth political consultation between the two ministries to discuss orientations to promote the bilateral Strategic Partnership in the coming time. The two sides expressed their delight that the consultation was held on the occasion of the 50th anniversary of the establishment of the bilateral diplomatic ties, and the 10th founding anniversary of the Strategic Partnership. They highly appreciated outstanding results in bilateral economic cooperation with the two countries becoming each other's important trading partner in the region. Two-way trade reached more than 6.2 billion USD in 2022, up 11% year-on-year, thanks to … [Read more...] about Vietnam, Italy agree on orientations to enhance Strategic Partnership
ASEAN looks towards net zero emissions
Illustrative image (Source: VNA) Jakarta (VNA) – The Asian Development Bank (ADB) and ASEAN Catalytic Green Finance Facility jointly held the Southeast Asia Development Symposium themed “ Imagining a net-zero ASEAN ” in Indonesia’s Bali on March 30. In his opening remarks, ADB President Masatsugu Asakawa pointed out that climate change remains the most urgent issue facing Southeast Asia, and suggested countries in the region cooperate with each other to put forth innovative solutions in order to accelerate the regional transition to carbon neutrality, and ensure strong, sustainable, inclusive economic growth. He also spoke of the bank’s goals of elevating its ambition 100 billion USD in cumulative climate finance by 2030, and rolling out “game-changing” platforms to scale up the climate finance . Indonesian Finance Minister Sri Mulyani Indrawati said ASEAN - which relies heavily on fossil fuels for economic and industrial development - should address the need for … [Read more...] about ASEAN looks towards net zero emissions