Party General Secretary and State President Nguyễn Phú Trọng during the press conference held after the conclusion of the 13th National Party Congress in Hà Nội on February 1, 2021. — VNA/VNS Photo HÀ NỘI — Leaders of many countries, including the US, Russia, France, South Korea, and ASEAN countries, have extended their congratulations to Party General Secretary and State President Nguyễn Phú Trọng over his re-election as General Secretary of the Central Committee of the Communist Party of Việt Nam in the 13th tenure. Russian President Vladimir Putin's message says Russia values the personal contribution of the Vietnamese Party leader to strengthening the comprehensive strategic partnership between the two countries. It expresses his belief that with joint efforts, the two countries will continue to promote bilateral constructive dialogues and effective cooperation in all fields, which meets the interest of the people of both Russia and Việt Nam and contributes to ensuring stability and security in the Asia-Pacific region. Meanwhile, US President Joe Biden appreciated the commitments made by General Secretary Trọng to promoting the US-Việt Nam partnership, and expressed his wish to further bolster the bilateral ties. He also welcomed the Vietnamese Party leader’s efforts in fighting corruption and promoting good governance, and wished the Party General Secretary success in his position. The US President stressed that cooperation among the US, Việt Nam and the ASEAN community, was very important to promoting shared priorities in the context of grave challenges facing the international community. The message from Indian President Ram Nath Kovind notes that under General Secretary Trọng’s leadership, the special and time-tested relations between India and Việt Nam have witnessed unprecedented development in the past decade with the elevation of bilateral ties to a comprehensive strategic partnership in 2016. The President wished to …
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Countries’ leaders offer congratulations to Party General Secretary, President Nguyen Phu Trong
Party General Secretary and State President Nguyen Phu Trong (Photo: VNA) Hanoi (VNA) – Leaders of many countries in the world have extended their congratulations to Party General Secretary and State President Nguyen Phu Trong over his re-election as General Secretary of the Central Committee of the Communist Party of Vietnam in the 13th tenure. He expressed a belief that with joint efforts, the two countries will continue to promote bilateral constructive dialogues and effective cooperation in all fields, which meets the interest of the people of both Russia and Vietnam and contributes to ensuring stability and security in the Asia-Pacific region. Meanwhile, US President Joe Biden appreciated the commitments made by General Secretary Trong to promoting the US-Vietnam partnership, and expressed his wish to further bolster the bilateral ties. He also welcomed the Vietnamese Party leader’s efforts in fighting corruption and promoting good governance, and wished the Party General Secretary success in his position. The US President stressed that cooperation among the US, Vietnam and the ASEAN is very important to promoting shared priorities in the context of grave challenges facing the international community. The message from Indian President Ram Nath Kovind noted that under General Secretary Trong’s leadership, the special and time-tested relations between India and Vietnam have witnessed unprecedented development in the past decade with the elevation of bilateral ties to a comprehensive strategic partnership in 2016. He said he wishes to continue working with the Vietnamese leader to further promote the relationship between the two states and two peoples, saying that the close coordination and partnership between the two countries in the post-pandemic world will contribute to peace and prosperity in the region and the world. Meanwhile, Japanese Prime Minister Suga Yoshihide said he was honoured to meet and talk with General Secretary Trong during …
New prospects for Vietnam-India trade, investment cooperation
The view was shared by diplomats and businesses who attended a Vietnam-India investment forum virtually held in Ho Chi Minh City on January 22. Don Lam, Chief Executive Officer and Co-Founder of VinaCapital, one of the leading fund managers in Vietnam, noted that despite the impact of the COVID-19 pandemic, the domestic private economic sector has developed strongly, with 135,000 businesses registering to set up in 2020 capitalised at US$94 billion, up 29% in value compared to 2019. The businesses are ready for a economic recovery in the post COVID period, and promoting trade exchanges with India is one of the primary goals of Vietnam’s private economic sector this year, said the CEO. Statistics show Vietnam’s imports from India were just over US$2.7 billion in 2016, but the figure rose to more than US$4.5 billion in 2019. Major import items were iron and steel, machinery, equipment, pharmaceuticals, aquatic products, and auto spare parts Meanwhile, Vietnam’s exports to India almost tripled in the reviewed period, from US$2.6 billion to approximately US$ 6.7 billion. Major export items were mobile phones and accessories, computers and components, machinery, metals and chemicals. Alongside trade exchanges, Indian businesses consider Vietnam an attractive destination for investment in the fields of oil and gas, steel, minerals, tea, sugar, IT training, as well as a transit point for goods in the Southeast Asian region, said Don Lam. Pranay Verma, Indian Ambassador to Vietnam, pointed out that Vietnam’s investment in India is currently about US$30 million, focusing on areas such as pharmaceuticals, IT, building materials and chemicals. In the other way, India’s investment in Vietnam reached US$ 900 million, and the figure even rose to US$1.9 billion if investment from the third parties is counted. According to the diplomat, both countries should promote bilateral cooperation in the areas of their strength, for instance food and farm produce processing, IT …
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