The office said that the major products Vietnam shipped to Laos included petrol, vegetables, fertilizers, clinker and cement, electric wires and cables, paper and paper products, ceramics, and garment products. Meanwhile, Vietnam mostly imported from Laos fertilizers, rubber, wood and furniture, ore and other minerals. In July alone, two-way trade hit USD 125 million, a surge of 54.1% year on year, including Vietnam’s export revenue of nearly USD 53.2 million, up 33.9%. This was the third consecutive month that Vietnam enjoyed an increase in exports to Laos, helping reduce the fall in the turnover to minus 1.6% from minus 6% in the first half of this year. In August, Vietnam expects continuous rise in exports to Laos thanks to the stable conditions of the Lao economy, the reduction in petrol prices in the world and the rising number of Vietnamese investors in Laos. Source: VNA … [Read more...] about Vietnam, Laos enjoy 24.2% rise in two-way trade in 7 months
One pride one world trade center june 24
FDI flows into Malaysia top 188 billion USD in Q2
Kuala Lumpur capital of Malaysia (Illustrative photo: themalaysianreserve) Kuala Lumpur (VNA) – Malaysia recorded 836.2 billion RM (over 188.1 billion USD) in foreign direct investment (FDI) at the end of the second quarter, up 24.1 billion RM from Q1, according to the Department of Statistics Malaysia. The manufacturing sector remained the largest recipient with a value of 360 billion RM or 43.1%, followed by financial activities 189.8 billion RM (22.7%) and wholesale and retail trade 53 billion RM (6.3%). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the FDI sources were largely from Asia, which amounted to 431.1 billion RM or 51.6%, mainly from Singapore and Hong Kong (China), followed by Europe and the Americas. Singapore was still the biggest source of FDI, with an accumulated 174.1 billion RM (20.8%), followed by Hong Kong with 91.1 billion RM (10.9%), the United States 90 billion RM (10.8%) and Japan 84.2 billion RM (10.3%). Meanwhile, … [Read more...] about FDI flows into Malaysia top 188 billion USD in Q2
Vietnam beefs up ties with Germany’s Saxony state
During a meeting with the German official on August 11, Ambassador Minh highlighted the fruitful development of the friendship between Vietnam and Saxony state in recent years, expressing the gratitude to the government of Saxony state for promoting the friendship and cooperation between Vietnam and Germany in general and Saxony in particular. The diplomat suggested the state government considers promoting the signing of a Memorandum of Understanding (MoU) between the Vietnamese Ministry of Labor, Invalids and Social Affairs and the state’s Ministry of Economic Affairs, thus creating a favorable framework for recruiting more Vietnamese skilled workers for German enterprises. For his part, Kretschmer said the collaboration between Saxony and Vietnam has been developing positively in recent years, adding that the Vietnamese community here has made important contribution to the cultural diversity of the state. As President of the association of public universities in Saxony, … [Read more...] about Vietnam beefs up ties with Germany’s Saxony state
What’s on August 15-21/2022
MUSIC & PERFORMANCES Hanoi-Makers Market Aug 19 – 21, 3 pm – 8 pm Centre for Art & Culture 22 Hang Buom 22 Hang Buom Street From the organizer: Supported in the framework of Hanoi Rethink project, Makers Market – Arts and Crafts Fair will be a space where young craft makers, designers, and printmakers from all over the country gather, introduce and promote their products in an immensely cultural and artistic space. This is certainly not only a great opportunity for the young community in Hanoi to access a wude range of creative products from across the country, but also a time for creative youth to get together to network for potential new creations and collaborations in the future. HCM City, Nha Trang City -Indian cultural festival A cultural event called “Namaste Vietnam Festival 2022”, ______________________________________________________________ EXHIBITION Hanoi-Artshow “Downtown in Reverie” … [Read more...] about What’s on August 15-21/2022
PM appreciates Russia’s help with preservation of President Ho Chi Minh’s body
In 1992, when the agreement between Vietnam and the former Soviet Union became invalid, with permission by the Vietnamese and Russian Governments, the Mausoleum Management Board and VILAR switched to direct cooperation in preserving the body of the President. Addressing the conference, PM Chinh said when President Ho Chi Minh passed away in 1969 at the age of 79, with the endless love and gratitude for the leader and to realize the strong aspiration of the entire Party, military and people, the Politburo and the Party Central Committee decided to preserve his corpse in the long term and to build a mausoleum so that his reputation, great career, and enormous devotion would exist forever in the heart and mind of every Vietnamese people and become an everlasting symbol of the national solidarity and unity. Braving the fierce war, experts from the Soviet Union worked side by side with Vietnam’s military officers and soldiers to make tireless efforts to surmount every hardship to … [Read more...] about PM appreciates Russia’s help with preservation of President Ho Chi Minh’s body
PM appreciates Russia’s help with preservation of President Ho Chi Minh’s corpse
PM Pham Minh Chinh speaks at the conference in Hanoi on August 14. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh on August 14 attended a conference reviewing the 30-year cooperation between the President Ho Chi Minh Mausoleum Management Board and the All-Russian Scientific Research Institute of Medicinal and Aromatic Plants (VILAR) in preserving the corpse of the late Vietnamese leader. In 1992, when the agreement between Vietnam and the former Soviet Union became invalid, with permission by the Vietnamese and Russian Governments, the Mausoleum Management Board and VILAR switched to direct cooperation in preserving the corpse of the President. Addressing the conference, PM Chinh said when President Ho Chi Minh passed away in 1969 at the age of 79, with the endless love and gratitude for the leader and to realise the strong aspiration of the entire Party, army and people, the Politburo and the Party Central Committee decided to preserve his corpse in the long … [Read more...] about PM appreciates Russia’s help with preservation of President Ho Chi Minh’s corpse