Opportunities that lie ahead

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

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

In the long term, US businesses and corporations may explore the feasibility of setting up semiconductor chip manufacturing facilities in Vietnam. The semiconductor industry offers great opportunities for cooperation between Vietnam and the US, carrying substantial implications for the bilateral relations in the new development phase . Overview of the meeting. Photos: Nhat Bac/VGP This view was shared at a meeting between Prime Minister Pham Minh Chinh and CEO of the Semiconductor Industry Association (SIA) John Neuffer, along with executives from US leading firms in the semiconductor industry on September 19 in Washington . Nguyen Chi Dung, Minister of Planning and Investment, said the meeting marks the next phase in the implementation of collaborative initiatives between US semiconductor organizations and businesses, joining forces with Vietnamese partners to create opportunities for market expansion and enhance Vietnam's capabilities in the … [Read more...] about Vietnam-US semiconductor cooperation significant to bilateral relations

She made the remark in a recent interview granted to the Vietnam News Agency on the occasion of the 50th anniversary of the two countries’ diplomatic ties (September 21, 1973 - 2023). She said that over the last 50 years, the countries have developed relations in all fields thanks to tireless efforts by predecessors. One of the most important milestones of bilateral ties, which are now in their prime, was the elevation of relations to the “extensive strategic partnership” in 2014. Since then, Japan and Vietnam have been building strategic connections in more areas, Kamikawa went on, adding that from focusing only on economic affairs like official development assistance (ODA) provision, bilateral cooperation has been fostered in such fields as security, energy, and human resources development in Vietnam, helping enhance mutual trust between the two countries. The official noted that in this year, which marks the 50th anniversary of their diplomatic ties, the two countries have … [Read more...] about Friendship, mutual trust drive Vietnam – Japan relations: Japanese Foreign Minister

During the meeting, Mai briefed the guests on the city’s socio-economic development over the past time and affirmed that the locality has always wished to strengthen collaboration with partners from Laos and Cambodia, including the Lao Academy of Social and Economic Sciences and the Royal Academy of Cambodia, and share experience and bolster cooperation with the two neighboring countries’ localities to promote a stronger community in the time ahead. The city’s leader acknowledged that research achievements from academies of Vietnam, Laos and Cambodia are crucial in setting out right directions for development. Therefore, Ho Chi Minh City wishes the academies of the three countries will continue to promote cooperation in the coming time. For their part, the guests said the organization of an annual science conference of the Vietnam Academy of Social Sciences, the Lao Academy of Social and Economic Sciences, and the Royal Academy of Cambodia in Ho Chi Minh City will help … [Read more...] about Vietnam, Laos, Cambodia boost ties in scientific research

The event was co-organized by the Vietnam Academy of Social Sciences (VASS), Lao Academy of Social and Economic Sciences (LASES), and Royal Academy of Cambodia (RAC). Addressing the conference, VASS President Dr. Phan Chi Hieu said the promotion of the digital economy is considered one of the key tasks to accelerate the restructuring of an economy, associated with innovation in the growth model and the improvement of growth quality, aiming to help a nation escape the middle-income trap and move towards the goal of becoming a developed industrialized country. The trend comes with opportunities and challenges for nations involved, including Vietnam, Laos, and Cambodia, in their development and expansion of investment and commercial collaboration, he noted. LASES President Dr. Sonethanou Thammavong said the conference boasts an important theme, reflecting the countries’ readiness to build their digital-transformation-oriented socio-economic infrastructure. Laos' digital … [Read more...] about Int’l conference discusses Vietnam – Laos – Cambodia cooperation in digital economy

Addressing a press conference on September 19, Vice Director of the department Le Thi Thuc said a Da Nang – Seoul innovation space will be launched at the event, aiming to connect the innovation startup ecosystems of Da Nang and the Korean city. At this event, at least 10 potential startup projects and five scientific and technological solutions will be presented, targeting to connect the supply and demand between startups and investors. Domestic and international speakers and experts will join together in seminars on building Da Nang into an innovative city, attracting capital inflows for innovative start-ups, and boosting international integration of the local innovation startup ecosystem in the context of globalization, Thuc said. Furthermore, a number of other programs and events will be organized in the framework of the SURF 2023, including an innovation startup exhibition using a virtual reality platform with about 100 participating booths, and an innovation startup … [Read more...] about Da Nang Startup and Innovation Festival slated for late September

E.C. Commissioner for the Environment, Oceans and Fisheries Virginijus Sinkevičius made the remarks at a meeting with Vietnamese Minister of Agriculture and Rural Development Le Minh Hoan in Brussels on September 18. The E.C. representative also said the E.C. wants to assist the Southeast Asian nation in becoming a model of sustainable fisheries development and anti-illegal, unreported, and unregulated (IUU) fishing in the world. In the meeting, Hoan told Sinkevičius that Vietnam saw the yellow card of the E.C. not only as a challenge but also an opportunity for the local fisheries sector to switch from a small-scale, tropical, multi-sector, multi-species industry to a responsible and sustainable one. A comprehensive plan with specific goals and solutions has been developed and implemented across all levels, especially in coastal localities, with an active participation of authorities, organizations, fishing communities, associations, and seafood businesses. So far, with … [Read more...] about E.C. pledges support for Vietnam in developing sustainable fisheries

The event, part of his trip to attend the high-level week of the 78th United Nations General Assembly and bilateral activities in the U.S., was also attended by U.S. Ambassador to Vietnam Marc Knapper and President and CEO of the U.S.’s Semiconductor Industry Association (SIA) John Neuffer. The U.S. businesspeople spoke highly of the potential of the semiconductor industry in Vietnam, which boasts high-quality human resources and increasingly improved capacity of local enterprises and training establishments. They held that the two countries’ cooperation potential in this industry is substantial and highly meaningful for bilateral relations in the new period. Participants discussed investment opportunities in Vietnam and proposed cooperation measures for developing a semiconductor ecosystem in the country, with the U.S. being a strategic partner of leading importance. In the long term, they said, U.S. firms can consider the possibility of building chip factories in Vietnam. PM … [Read more...] about Prime Minister calls on U.S. semiconductor firms to invest more in Vietnam

A representative of the HCMC Greenery Parks company on Wednesday said around 100 trees up to 15 m high on numerous streets of districts 5, 7, 8 and Nha Be were uprooted amid thunderstorms on Tuesday. An uprooted tree lies across a street in HCMC's District 5 on September 19, 2023. Photo by VnExpress The felled trees damaged three motorbikes and a car in District 7, as well as several power and telecommunication lines, disrupting communication and traffic. The Binh Minh golf course in Nha Be District received especially severe damage when 11 metal poles were felled by the winds. Each of the pole costs around VND100 million ($4,115) to be installed. Several metal poles at a golf course in HCMC were felled by strong winds, September 20, 2023. Photo by VnExpress/Dinh Van There were no casualties, and the owner of the course has contacted authorities to help with cleaning it up, as well as shuting down the course as the damages incurred were too great. … [Read more...] about 100 trees felled, roofs blown off in Saigon thunderstorms