The Hanoitimes - The two sides consider inter-parliamentary cooperation an important component of the strategic partnership between the two countries. The first Vietnam-Russia inter-parliament meeting has opened up new areas of cooperation that are poised to foster the comprehensive strategic partnership. Vietnam’s National Assembly Chairwoman Nguyen Thi Kim Ngan and Chairman of the State Duma of Russia Vyacheslav V. Volodin. Photo: VNA Vietnam’s National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan and Chairman of the State Duma of Russia Vyacheslav V. Volodin co-chaired the meeting in Moscow last week. “It would be right for us to work more intensively in the economic sphere, developing both foreign economic relations and goods circulation. It is clearly insufficient for the level of our relations. […] For our part, we must do everything to develop cooperation more effectively than today,” the State Duma quoted Viacheslav Volodin. “When we talk about the work of our inter-parliament commission, it should do everything to ensure more dynamical development of foreign economic relations,” he said at the meeting. Viacheslav Volodin supported the idea of creating working groups and said that the adoption of legislative decisions would entail a more active development of relations. Meanwhile, Nguyen Thi Kim Ngan said “We will do our best to develop cooperation between our countries, trade and economic relations better. To ensure that these results correspond to good political relations between our countries.” Vietnam’s National Assembly Chairwoman Nguyen Thi Kim Ngan and Chairman of the State Duma of Russia Vyacheslav V. Volodin at the first inter-parliament meeting in Moscow. Photo: Duma.org.ru Economic in focus, oil and gas remain among key pillars Both sides agreed to focus on economic ties. Ngan said that it is necessary to discuss issues of cooperation in the oil and gas sector, agriculture, and …
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Room for Vietnam-Russia trade growth remains large: Deputy PM
The Hanoitimes - Activities including trade expos are expected to tighten economic ties between the two countries which will celebrate the 70th anniversary of diplomatic ties next year. Two-way trade between Vietnam and Russia is of great potential and Vietnamese authorities will create more favorable conditions for the investment and operations of Russian firms, Vietnamese Deputy Prime Minister Trinh Dinh Dung has said. Vietnam's Deputy Prime Minister Trinh Dinh Dung. Photo: Linh Pham Vietnam and Russia trade will greatly depend on vision and determination from the both sides, especially the business communities, Dung said at the Expo-Russia Vietnam 2019 taking place in Hanoi on November 14-16. Being a member of 13 free trade agreements (FTAs), 12 of which are already effective, Vietnam has been committed to international regulations requiring high standards for goods and trade activities, Dung said, adding that FTAs will encourage foreign companies to enter Vietnam, ASEAN, and Asia as well. Russian Ambassador to Vietnam Konstantin Vnukov. Photo: VTC News The enforcement of the Vietnam-Eurasian Economic Union Free Trade Agreement (VN-EAEU FTA) is a strong boost for the Vietnam-Russia trade, he noted. Accordingly, Vietnam expects its leather and footwear, agro-forestry-fisheries, electronics and consumer goods to further penetrate into Russia and other markets in the Russia-led Eurasian Economic Union (EAEU). Vu Tien Loc, president of the Vietnam Chamber of Commerce and Industry. Photo: Linh Pham Meanwhile, Vietnam welcomes Russian goods like farm produce, pharmaceuticals, health, industrial equipment, automobile spare parts, devices, mine extraction, materials, high-tech products, energy, and oil. Sergey Anatolievich Tsyb, first deputy minister of Russian Ministry of Industry and Trade, said at the expo that Vietnam ranks among Russia’s top 10 Asian biggest trade partners and the biggest …
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Thailand’s Udon Thani Province wishes to take lead in cooperation with Vietnam
The Udon Thani official made the remark during a working session with Vietnamese Ambassador to Thailand Phan Chi Thanh on the occasion of the latter’s working visit to the province from February 23 to 28. Sayam Sirimongkorn spoke highly of the Vietnamese community in Thailand as a whole and in Udon Thani in particular, who, he said, have always showed a great sense of solidarity, complied with the law and made significant contributions to the locality. Ambassador Phan Chi Thanh thanked the provincial authorities for offering valuable support to the Vietnamese community, voicing his hopes that the Udon Thani leaders will continue to create favourable conditions for the Vietnamese community and help them in terms of policies and law, as well as supporting the work of local Vietnamese associations. Highlighting the province’s advantages for boosting cooperation with Vietnam, the ambassador suggested the two sides strengthen the discussion of cooperation opportunities, including coordinating on the organisation of the Vietnam-Thailand Business Forum in Udon Thani in Q2 2021, on the occasion of the 45 th anniversary of Vietnam-Thailand diplomatic ties. During a meeting with Vichian Khaokham, chair of the Udon Thani provincial administration organisation, Thanh shared the socio-economic development experiences of Vietnamese localities with similar conditions to Udon Thani, agreeing that the two sides need to soon prepare for the exchange of delegations and the signing of cooperation documents immediately after the air route between the two countries is reopened. The Udon Thani leaders agreed to create favourable conditions for the Vietnamese community to further develop their business & investment activities in the locality, towards establishing Vietnamese business and culinary streets in Udon Thani when conditions allow. Ambassador Phan Chi Thanh at a meeting with Rector of Udon Thani Rajabhat University Charoon Thawornchak. The delegation …
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