PM Nguyen Xuan Phuc said Vietnam will facilitate Russian-invested oil and gas projects. Vietnam’s Prime Minister Nguyen Xuan Phuc on December 24 held a phone talk with his Russian counterpart Dmitry Medvedev to keep a close watch of cooperation activities, according to the Vietnamese Ministry of Foreign Affairs (MOFA). Vietnam’s Prime Minister Nguyen Xuan Phuc holds talks with Russian counterpart Dmitry Medvedev on Dec 24. Photo: Baodansinh The talk, which is described as of “openness and trust”, focused on results of the implementation of agreements signed in PM Phuc’s Russia visit in May 2019, and measures to boost the efficiency of bilateral coordination in different fields. The two leaders hailed joint work to lift barriers for agro-aquatic and seafood products, helping to fully tap advantages of Vietnam – Eurasian Economic Union Free Trade Agreement (Vietnam-EAEU FTA) amid global economic uncertainties. PM Phuc emphasized that Vietnam always … [Read more...] about Vietnam PM holds phone talk with Russian counterpart, focusing on oil cooperation
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Vietnamese students in Netherlands hold career fair
Vietnamese Ambassador to the Netherlands Pham Viet Anh speaks at the event (Photo: VNA) Hanoi (VNA) – The Vietnamese Student Association in the Netherlands (VSNL) has recently held a career fair at the headquarters of the Vietnamese Embassy in the European country. Speakers, those who had graduated and are working in the Netherlands, shared their experience on career options and required procedures when applying for a job. Netherlands Pham Viet Anh highly appreciated the VSNL's initiative and efforts in connecting students and the Vietnamese community, creating opportunities for them to grasp information, knowledge and experience. The Ambassador also answered many questions raised by students as well as shared experience in learning and career orientation. While affirming the Embassy's support for students' activities, he wished the future generation of the country to study well to achieve high results, nurture their ambitions and succeed in their careers./ VNA … [Read more...] about Vietnamese students in Netherlands hold career fair
Vietnam’s exports to hit $618 billion by 2030
The Southeast Asian country holds tremendous potential to be a global trading hub. Vietnam is likely to earn US$618 billion in exports by 2030, with an annual growth rate of 7%, according to Standard Chartered. "Vietnam will be a key driver of this global trade growth, outpacing the global average of 5% by a significant two percentage points," said the research report titled "Future of Trade: New opportunities in high-growth corridors". Vietnam will be a key driver of this global trade growth. Photo: dinhvuport.com.vn The UK-based bank projects that global trade will reach $32.6 trillion with a growth rate of 5% by 2030. Trade corridors anchored in Asia, Africa, and the Middle East will outpace the global trade growth rate by up to four percentage points, driving combined trade volume to $14.4 trillion to account for 44% of international trade by 2030. Mainland China, South Korea, and the US are expected to be Vietnam’s key trade partners in the … [Read more...] about Vietnam’s exports to hit $618 billion by 2030
Top Vietnam bank weighs share issue to raise at least $600 mln: sources
HANOI -- Vietnam's most valuable listed lender, Vietcombank, is tapping advisers for plans to raise at least $600 million in fresh equity capital to build firepower and better compete with its rivals, two sources familiar with the matter said. The majority state-owned bank, with a market capitalisation of nearly VND450 trillion ($19 billion), has been trying for years to raise its core capital, which is the lowest among Vietnam's state lenders. Pressure on Vietcombank has increased in recent weeks after private lender Vietnam Prosperity Joint Stock Commercial Bank (VPBank) sold a $1.5 billion stake in March to Japan's Sumitomo Mitsui Financial Group Inc. Vietcombank is now doubling down its efforts for an equity private placement, partly to meet the market challenge of its local rivals including VPBank, said the two sources, who declined to be named as the discussions were confidential. The move comes as Vietnam's banks face heat from a slowing economy and protracted turmoil … [Read more...] about Top Vietnam bank weighs share issue to raise at least $600 mln: sources
Nanny held for abusing one-month-old baby in Hanoi
Police in Hanoi have temporarily detained a home helper and baby caretaker for the investigation into her suspected abuse of a one-month-old girl in an apartment in Hoang Mai District. V.K.C., 21, was held on Wednesday afternoon, when the baby’s father escorted her to the police office of the district’s Hoang Liet Ward, police officers said. The dad, N.V.B., 31, a resident at the HH2C Linh Dam apartment building, told police that he had discovered C.’s abuse against his little girl after he watched the surveillance camera installed in the baby’s bedroom. As recorded in the footage, C. committed the child abuse at about 2:00 am on Wednesday, B. reported. The father said he had hired C., hailing from northern Nam Dinh Province, as a domestic helper and nanny since his wife suffered bad health conditions after childbearing. Before C.’s detention, a video clip was spread on social media showing a woman sitting on a bed, holding up a baby in her arms and shaking the baby … [Read more...] about Nanny held for abusing one-month-old baby in Hanoi