Host and guest shared the view that the formation of the Comprehensive Strategic Partnership for peace, cooperation and sustainable development on the occasion of the recent state visit to Vietnam by President Joe Biden will open up a new stage for the intensive and extensive cooperation between the two countries, particularly in economy, trade and investment. Pham Minh Chinh thanked the Trade Representative for her contributions to the development of the bilateral ties, and suggested the two sides actively coordinate to quickly materialize agreements reached by their high-ranking leaders, including the U.S.’s priority of accelerating the recognition of Vietnam’s market economy mechanism, and further opening door for Vietnamese goods like garments-textiles, footwear and farm produce, as well as its consideration of interests of Vietnamese businesses, and not imposing trade remedies on Vietnamese goods on the basis of ensuring balance, fairness and mutual benefits. The PM also … [Read more...] about Prime Minister suggests Vietnam, U.S. create cooperation breakthroughs
Open door logistics
PM suggests Vietnam, US create cooperation breakthroughs
Prime Minister Pham Minh Chinh (right) and US Trade Representative Katherine Tai. (Photo: VNA) Washington D.C. (VNA) – Prime Minister Pham Minh Chinh suggested Vietnam and the US create breakthroughs in cooperation in science-technology, innovation, and education-training at a meeting with US Trade Representative Katherine Tai in Washington D.C. on September 19. Host and guest shared the view that the formation of the Comprehensive Strategic Partnership for peace, cooperation and sustainable development on the occasion of the recent state visit to Vietnam by President Joe Biden will open up a new stage for the intensive and extensive cooperation between the two countries, particularly in economy, trade and investment. Chinh thanked the Trade Representative for her contributions to the development of the bilateral ties, and suggested the two sides actively coordinate to quickly materialise agreements reached by their high-ranking leaders, including the US’s priority of … [Read more...] about PM suggests Vietnam, US create cooperation breakthroughs
Harvard, Yale, and Columbia luminaries weigh in on Vietnam’s ambitious blueprint
The landmark state visit of US President Joe Biden to Vietnam on September 10-11 has been a historic pivot, elevating Vietnam-US ties to a Comprehensive Strategic Partnership. The essence of this partnership, PM Chinh said, lies in deepening economic, trade, and investment collaborations. He emphasised the gravity of scientific, technological cooperation, and innovation as game-changers. "The Biden visit signals an enhanced strategic alignment, centred on economic partnerships and technological collaboration," he said. As reported by Tuoitre , Prof. Thomas Vallely, director of the Vietnam programme at Harvard Kennedy School, praised Vietnam's deft management. "Vietnam's response to major crises, especially its handling of the COVID-19 pandemic, is commendable," Vallely said. "Despite its nascent experience in some sectors, Vietnam has proactively sought knowledge, established global ties, and opened doors for partnerships, with the US being a case in point." Prof. Anthony … [Read more...] about Harvard, Yale, and Columbia luminaries weigh in on Vietnam’s ambitious blueprint
International aviation market shows signs of recovery
The period between January and September saw airports across the country welcoming 89 million passengers, including 23.7 million foreigners, up 20% and 266.8% year-on-year, respectively. (Photo: VNA) Hanoi (VNA) – Vietnam’s international aviation market has gradually recovered in the first nine months with an increase in the number of foreign passengers, said the Vietnam Civil Aviation Authority (CAAV). According to statistics, the period saw airports across the country welcoming 89 million passengers, including 23.7 million foreigners, up 20% and 266.8% year-on-year, respectively. Vietnam ese airlines transported 44.1 million passengers, an increase of 20.3% compared to the same period in 2022. Of the total volume, 11.5 million were foreigners, soaring by over 300% annually. The international air transport market continues to maintain its recovery momentum for most traditional markets (excluding China and Russia) and records the presence of some new markets in … [Read more...] about International aviation market shows signs of recovery
Int’l aviation market shows signs of recovery
According to statistics, the period saw airports across the country welcoming 89 million passengers, including 23.7 million foreigners, up 20% and nearly 270% year-on-year, respectively. Vietnam ese airlines transported 44 million passengers, an increase of 20% compared to the same period in 2022. Of the total volume, 11.5 million were foreigners, soaring by over 300% annually. The international air transport market continues to maintain its recovery momentum for most traditional markets and records the presence of some new markets in Central Asia, according to the Vietnam Civil Aviation Authority. Experts said the recovery of foreign passenger throughput is due to the open-door policies of countries, especially those in Northeast Asia./. VNA … [Read more...] about Int’l aviation market shows signs of recovery
Vietnam, Colombia ink MoU on trade, investment, industrial cooperation
The signing of the MoU marks the first time the two countries have established a mechanism of joint economic commission, thus creating an official and comprehensive channel for periodic dialogue, reviewing cooperation, addressing issues, and discussing measures to promote economic, trade, and investment cooperation. Speaking at the meeting, Hai spoke highly of development in bilateral trade relations, emphasizing that Vietnam considers Colombia an important partner in the Latin American region and is ready to collaborate with the country to implement measures towards boosting trade, economic recovery, and global supply chain connectivity. For her part, Vargas expressed her satisfaction with the positive developments in Vietnam - Colombia trade relations in recent years, especially in the context that the two sides have been cooperating and supporting each other in international organizations, multilateral forums, and regional cooperation mechanisms. The positive growth of two-way … [Read more...] about Vietnam, Colombia ink MoU on trade, investment, industrial cooperation
SkyX Solar steers sustainable shifts with green IZ and certification in Vietnam
An example of a SkyX Solar collaboration with An Phat At a seminar from September 12 to 17, held by the World Sports Goods Industry Federation and the Vietnamese Delegation in Geneva, distinguished brands like Adidas and Decathlon spotlighted Vietnam's crucial role in sustainable manufacturing, praising its robust workforce and rapid assimilation of advanced technologies. Leveraging its National Strategy for Green Growth 2021-2030, Vietnam is making substantial strides towards its sustainable development goals, with an emphasis on evolving its textile and footwear industries by 2035 to align with a circular economic model. This commitment resonates deeply with international sustainability standards, enhancing Vietnam's influence in the sustainable supply chain sector. The role of green certificates – which are emblematic of sustainable and responsible production and the use of renewable energy – is becoming increasingly crucial in today’s market. These certificates are … [Read more...] about SkyX Solar steers sustainable shifts with green IZ and certification in Vietnam
Green-focused businesses ready for cooperation
How much will Japan work with Vietnam and ASEAN to help with the energy transition? Kinoshita Tadahiro, director general of Sojitz Vietnam and president of the Japanese Chamber of Commerce and Industry in Vietnam We highly appreciate the government and related ministries for the national green growth strategy, as well as the action plan on green energy transition and reducing carbon and methane emissions of the transportation sector. Completing the legal framework is an important factor to achieving this goal. In the context of increasing energy demand in Asian countries, the Japanese government is ready to cooperate with ASEAN countries in the energy transition process by providing more financial and technical support for testing and applying emission-reduction technologies. Accordingly, Japanese businesses wish to contribute to an effective energy transition in Vietnam by increasing private investment and applying deflation technologies, aiming to achieve … [Read more...] about Green-focused businesses ready for cooperation
Defining the role of the press in business
Keijo Norvanto, Ambassador of Finland to Vietnam On behalf of the Embassy of Finland to Vietnam and the Finnish business communities in Vietnam, I would like to congratulate Vietnam Investment Review on its 32 nd anniversary. I would like to express our appreciation to the VIR editors and its dedicated and talented reporters for their continuous work, introducing the Vietnam business environment and opportunities to Finnish businesses. Moreover, VIR ’s continuous cooperation with us provides the audience with Finnish experiences and know-how in education, circular economy, and other advanced technologies. The Vietnamese government committed to net-zero by 2050 and recently joined the Just Energy Transition Partnership declaration that aims to contribute to Vietnam’s sustainable development. In that, Finland possesses globally competitive technology and expertise in many areas, which will help Vietnam achieve the country-set targets. Additionally, our proven … [Read more...] about Defining the role of the press in business
Technology is foundation for Vietnam’s rapid, sustainable development: minister
Speaking at the opening of the event held in Quang Ninh Province, he emphasized the importance of developing science, technology and innovation. Hundreds of delegates from ministries, businesses and production units and scientists were in attendance to learn about breakthrough technologies and solutions. Before the opening, Deputy Prime Minister Tran Luu Quang, Dat, other Party and state leaders, their counterparts from the Quang Ninh Province Party Committee, People's Council and People's Committee, and ministry and other officials visited the booths set up at an exhibition that is part of the event. Nearly 200 booths showcased technological devices and solutions. Quang called for ensuring products are also competitive in terms of prices. "The product might be good, but the price must also be lower than in foreign markets," he said while visiting the booth set up by auto company Thanh Cong Group. Minister of Science and Technology, Huynh Thanh Dat speaks at the … [Read more...] about Technology is foundation for Vietnam’s rapid, sustainable development: minister