Vietnam's Ministry of Transport has issued a decision to temporarily shut Dien Bien Airport in the namesake northern upland province for eight months for an upgrade and expansion, starting from mid-April. The airport, located in Thanh Truong Ward in Dien Bien Phu City, will be closed from April 15 to December 17 this year. The current Dien Bien Airport was restored from Muong Thanh Airport, which was constructed by the French. The airport has a runway which is 1,830 meters in length and 30 meters in width, three aprons, and a passenger terminal that was built in 2004 and has an annual capacity of 300,000 passengers. Due to the short runway and simple landing systems, Dien Bien Airport only serves ATR 72 turboprops and Embraer 190 jets, which can transport a maximum 114 passengers. The Dien Bien Airport expansion project is aimed at making it capable of handling modern Airbus A320 and A321 aircraft and the equivalent airliners. VASCO, a subsidiary of national flag carrier … [Read more...] about Vietnam’s Dien Bien to close airport for 8-month expansion project
National highways development project
Youth must pioneer national digital transformation: N.A. Chairman
The Vietnamese Party and State always attach special importance to youth and the youth work, and place faith in the force and the Youth Union, Chairman Vuong Dinh Hue said at a meeting with the HCYU Central Committee’s Secretariat on the occasion of the 92nd anniversary of the HCYU. Speaking highly of the theme of “Digital Transformation” that the HCYU Central Committee has selected for the Youth Month 2023, he stressed that this is an important and urgent task that can make Vietnam integrate more deeply into the general development of the world. The N.A. Chairman highlighted the importance of continuing to innovate the content and mode of operation in the context of digital transformation; and carrying out tasks and solutions to promote the intelligence and strength of young people through three movements: "Volunteer Youth," "Creative Youth," and "Youth Pioneers to Defend the Fatherland." The HCYU should implement measures to accompany and take care of adolescents in all aspects … [Read more...] about Youth must pioneer national digital transformation: N.A. Chairman
Textile, garment firms switching to green production
A garment factory in Vietnam (Photo: VNA) Hanoi (VNA) – Textile and garment businesses in Vietnam are taking steps to switch to green production to meet partners’ demand and achieve sustainable development, the Cong Thuong (Industry & Trade) newspaper reported. Greening textile and garment production chains is currently a global trend that are compulsory for businesses to achieve sustainability. It is also a requirement placed on manufacturers as the EU, which imports over 4 billion USD worth of textiles and garments from Vietnam annually, has proposed the imposition of some eco-regulations on imports. Major fashion brands in the world are also prioritising green enterprises to place their orders or requesting suppliers to adopt green practices. Facing challenges and strict requirements from the market, many Vietnamese businesses are making changes towards green manufacturing, including upgrading factories and using recycled fabric and green energy. Among … [Read more...] about Textile, garment firms switching to green production
Vietnam continues to push for stronger ties with US: PM
Vietnam considers the US as one of its most important partners and welcomes the US to support a strong, independent, and prosperous Vietnam. Vietnam aims to enhance the Comprehensive Partnership with the US, focusing on mutually beneficial outcomes that generate employment opportunities and growth for both nations. Overview of the meeting. Photos: Nhat Bac “Such an effort would contribute to supporting global and regional stability, cooperation, and development while promoting peace and harmony.” Prime Minister Pham Minh Chinh stressed the remarks during a meeting with a delegation of the US-ASEAN Business Council (USABC) today [March 22]. At the meeting, Chinh welcomed a delegation of over 50 large US enterprises to visit and work in Vietnam, coinciding with the 10th anniversary of the Vietnam-US Comprehensive Partnership (2013-2023). The Prime Minister expressed gratitude to the US Government and businesses for their support in providing vaccines and … [Read more...] about Vietnam continues to push for stronger ties with US: PM
Major US companies laud Vietnam as strategic market
At a Wednesday meeting between Prime Minister Pham Minh Chinh and the delegation of the U.S.-ASEAN Business Council (USABC), the council's president Ted Osius said U.S. businesses consider Vietnam a strategic market and are ready to commit to long-term investments in the Southeast Asian nation. Osius said the delegation were highly supportive of the Vietnamese government’s moves towards a more digital and green society. He also encouraged steps the country has taken in infrastructure development, such as the construction of new highways and metro rail public transit options, the Vietnam Government Portal reported. U.S. ambassador to Vietnam Marc Knapper said the American grouping at the meeting was the largest U.S. business delegation to ever visit Vietnam. He said this confirmed the commitment of the U.S. government and the private sector to support a strong and prosperous Vietnam via cooperation. At the meeting, the delegation proposed new ideas and opportunities for business … [Read more...] about Major US companies laud Vietnam as strategic market
Viet Nam promises optimal conditions for US enterprises: PM
Prime Minister Phạm Minh Chính and delegates of the US-ASEAN Business Council in Ha Noi on Wednesday. —VNA/VNS Photo Duong Giang The Vietnamese Government will continue to create favourable conditions for US businesses to expand investment in Viet Nam and support Vietnamese enterprises participating deeply in the production value chain of US enterprises. Prime Minister Pham Minh Chinh delivered this statement during a working session with the delegation of the US-ASEAN Business Council (USABC) in Ha Noi yesterday. The PM said that Viet Nam considered the US one of its most important partners and wanted to deepen the comprehensive bilateral partnership. He also praised the US business community's production and investment activities in Viet Nam, saying that the Vietnamese Government was willing to listen to the US businesses' opinions. The PM noted that the Vietnamese Government would accompany US businesses to solve difficulties and successfully implement their investment … [Read more...] about Viet Nam promises optimal conditions for US enterprises: PM
JICA supports the upgrade of Vietnam’s equity market
This was one of the events to celebrate the 50th anniversary of the establishment of Vietnam-Japan diplomatic relations and 30th anniversary of Japan’s Official Development Assistance (ODA) to Vietnam. Nearly 150 participants from related ministries and agencies, as well as Vietnamese and Japanese companies attended the seminar. In the event, after the presentation by the State Securities Commission (SSC) and discussions on the said strategy, JICA’s consultant team - Japanese experts from Daiwa Institute of Research, and other institutions including Japan Exchange Group and Nomura Research Institute - provided reviews of the Project and policy recommendations for the new development strategy of Vietnam’s securities market. Notably, the seminar welcomed a keynote speech from the Commissioner of Japan Financial Services Agency (JFSA) about “Japan's efforts to develop the securities market,” which could lay many lessons learnt for Vietnamese stakeholders. This Technical Cooperation … [Read more...] about JICA supports the upgrade of Vietnam’s equity market
Minister hopes U.S. becomes biggest investor in Vietnam
He made the remark at a meeting with a business delegation of the U.S. - ASEAN Business Council (USABC) in Hanoi on March 21. Highlighting the two countries’ comprehensive and fruitful relations, Minister Dung said the U.S. is currently the second largest trading partner and one of the leading export markets of Vietnam. It is also an important ODA provider and the 11th biggest among the 142 countries and territories investing in the Southeast Asian nation. Vietnam highly values the fruitful investment and business activities of U.S. investors and hopes they will maintain their trust and expand investment, trade, and development cooperation in the country, he noted. The official was of the view that there is huge cooperation potential in the fields of green growth, digital economy, science - technology development, and innovation, adding that Vietnam encourages and prioritizes quality and focus-driven foreign direct investment. The country is also implementing policies to help … [Read more...] about Minister hopes U.S. becomes biggest investor in Vietnam
Vietnam – Belgium traditional friendship receives renewed support
The two countries officially established diplomatic ties on March 22, 1973, just two months after the Paris Agreement on ending the war and restoring peace in Vietnam was signed. Vietnam will long remember the wholehearted assistance from the Belgian government and people for its post-war reconstruction and recovery efforts. Over the past five decades, bilateral partnerships have flourished in various spheres, particularly politics - diplomacy, trade, agriculture, education - training, science and technology, and development cooperation at the federal, regional, and community levels. Belgium always attaches importance to relations with Vietnam and has established itself as an international partner substantially contributing to the Southeast Asian country’s successes via development cooperation programs. The two sides have also actively coordinated with each other at multilateral forums, especially the United Nations, the Asia - Europe Meeting (ASEM) and ASEAN - E.U. frameworks. … [Read more...] about Vietnam – Belgium traditional friendship receives renewed support
Logo marking 50th anniversary of Vietnam-Belgium diplomatic ties announced
The official logo for the 50th anniversary of Vietnam-Belgium diplomatic ties. (Photo: VNA) Hanoi (VNA) – The Belgian Embassy in Vietnam held a ceremony in Hanoi on March 22 to announce the official logo marking the 50th anniversary of Vietnam-Belgium diplomatic ties this year. Speaking at the event, Belgian Ambassador to Vietnam Karl Van den Bossche said the logo design contest for the occasion was open for Vietnamese designers and young artists. Through various media channels, the organising board received 130 entries. The winning logo was designed by Ly Khanh Linh, a 22-year-old student from Graphic Design Faculty at FPT University. It was inspired by famous cultural heritages of both countries with the hope of conveying the message of cultural exchange and friendship. It will be used in all activities of Belgium in Vietnam this year. The ambassador said the Queen of Belgium plans to visit Vietnam in May 2023 as the Goodwill Ambassador of UNICEF. In September, … [Read more...] about Logo marking 50th anniversary of Vietnam-Belgium diplomatic ties announced