Minister for trade and

Trade Counselor Le Phu Cuong at the Vietnamese Embassy in Malaysia . (Photo: VNA) Kuala Lumpur (VNA) – The Vietnamese and Malaysian economies are of a similar size and complement each other, Trade Counselor Le Phu Cuong at the Vietnamese Embassy in Malaysia has said. In an interview with a Vietnam News Agency correspondent based in Kuala Lumpur on the occasion of the 50th anniversary of the countries’ diplomatic relations (March 30, 1973 - March 30, 2023), Cuong said Vietnam boasts advantages in terms of labour and development potential, while Malaysia's are in capital and deep integration into the world economy. Malaysia’s market is not too large in size but diverse in segment and , with its consumers’ characteristics generally similar to Vietnam, he said, adding that its Halal requirements are the biggest difference to note. According to the official, the two countries’ trade and investment relations have developed for a long time since Vietnam integrated into … [Read more...] about Vietnamese, Malaysian economies boast similarities, complementations: trade counselor

The talk between Prime Minister Pham Minh Chinh and his guest focused on measures to tap the potential and strengths of both sides and further promote bilateral cooperation, especially between Vietnamese localities and Yunnan province in the near future. Prime Minister Pham Minh Chinh highlighted the need to continue concretizing the common view of Vietnamese Party General Secretary Nguyen Phu Trong and Chinese Party General Secretary and President Xi Jinping on taking the Vietnam - China relations into a new development phase with higher political trust, more practical and effective cooperation and a stronger friendship foundation. He wished that the two countries’ ministries, agencies and localities would maintain regular exchanges, effectively make use of existing cooperation, and actively promote friendly exchanges between mass organizations in border areas to raise mutual understanding and trust. The Prime Minister also wanted to expand mutually-beneficial cooperation … [Read more...] about Prime Minister hosts leader of Yunnan provincial Party Committee

Prime Minister Pham Minh Chinh expressed his belief that the ambassador will contribute to improved bilateral relations, adding that the Vietnamese government will order relevant agencies to coordinate with and assist the diplomat to fulfill his duties. Implementing the foreign policy of independence, self-reliance, diversification, and multilateralization of external relations, and being a good friend, trustworthy partner, and responsible member of the international community, Vietnam wishes to intensify cooperation with Middle Eastern countries, of which Saudi Arabia is a major and influential nation, Prime Minister Pham Minh Chinh noted. Ambassador Mohammed Ismaeil A. Dahlwy highlighted the increasingly enhanced relations between the two countries, saying he hopes bilateral ties will continue to be promoted more strongly. Prime Minister Pham Minh Chinh and the Saudi Arabian Ambassador applauded the progress in cooperation in recent times. Saudi Arabia is now one of its leading … [Read more...] about Prime Minister Pham Minh Chinh receives Saudi Arabian ambassador

Prime Minister Pham Minh Chinh received Ambassador of Saudi Arabia to Vietnam Mohammed Ismaeil A. Dahlwy in Hanoi on March 29, highly valuing his guest’s activeness in helping strengthen friendship and cooperation. Prime Minister Pham Minh Chinh (R) and Ambassador of Saudi Arabia to Vietnam Mohammed Ismaeil A. Dahlwy (Photo: VNA) The PM expressed his belief that the ambassador will contribute to improved bilateral relations, adding that the Vietnamese Government will order relevant agencies to coordinate with and assist the diplomat to fulfil his duties. Implementing the foreign policy of independence, self-reliance, diversification, and multilateralisation of external relations, and being a good friend, trustworthy partner, and responsible member of the international community, Vietnam wishes to intensify cooperation with Middle Eastern countries, of which Saudi Arabia is a major and influential nation, PM Chinh noted. Ambassador Mohammed Ismaeil A. Dahlwy … [Read more...] about PM Pham Minh Chinh receives Saudi Arabian ambassador

At the Japanese-funded NMS Vietnam Co., Ltd. (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Tran Luu Quang has freshly signed a decision to approve an action plan for implementing the 2021-2030 national foreign investment cooperation strategy. As per the plan, the Ministry of Planning and Investment (MoPI) is assigned to submit to competent authorities a draft revised law on bidding within the 2022-2023 period; and the Ministry of Finance a governmental decree amending and supplementing Decree 08/2015/ND-CP concerning the implementation of the customs law in 2023. The Ministry of Industry and Trade, meanwhile, is responsible for drafting the Prime Minister's Decision on building a supporting industry development programme for 2026-2030, which should be submitted to authorised agencies by 2025. Reports by agencies and localities involved on the implementation of the strategy are set to be sent to the MoPI before October 30 annually. The decade-long strategy aims to … [Read more...] about Action plan approved to implement foreign investment cooperation strategy