Pms singapore visit to take economic co operation to new heights

Vietnam is striving to lure more Japanese investments to digital transformation and green growth, as recommended in the Vietnam-Japan Joint Initiative (VJI). Illustrative image (Source: VNA) Phase VIII of the initiative, launched in 2003, concluded in March 2023, under which 497 out of the 597 items were completed. To promote its role, the Vietnamese Ministry of Planning and Investment proposed building a cooperation programme between small- and medium-sized enterprises (SMEs) of the two countries, focusing on digital transformation, support industry and personnel training. Japanese SMEs have capacity, experience and high tech, and Vietnamese firms have abundant human resources, which is reciprocal during their development cooperation. The ministry suggested the Japanese side take more specific solutions and supplement workforce to further support Vietnamese enterprises in improving their capacity and competitiveness, and participating intensively in … [Read more...] about Vietnam attracting Japanese investments to new areas

Deputy Prime Minister Lê Minh Khái has called on small- and medium-sized enterprises (SMEs) to modernise their production and business models and expedite restructuring efforts following the emerging trends of the green economy, digital economy, and circular economy. Workers in Đại Dũng Mechanical Electrical JSC's factory in HCM City. The Government would improve policies and raise solutions to support enterprises. — VNA/VNS Photo Khái emphasised during his address at the Vietnam Small and Medium Enterprises (VINASME) event on Thursday that the primary objective should be to drive innovation and boost brand competitiveness. The conference was attended by almost 400 representatives from the association's over 64,000 members nationwide. Highlighting the important role of enterprises in promoting economic prosperity and development, Khái said that the business community in Vietnam developed strongly in recent years, with nearly 900,000 firms, over 25,000 … [Read more...] about Deputy PM urges SMEs to make innovations

Rafael Frankel, director of Public Policy for Southeast Asia and South Asia at Meta Group, the owner of Facebook, in an interview with Tuoi Tre (Youth) newspaper on Wednesday, highly evaluated the Vietnamese market and stressed the group’s long-term presence in Vietnam. “Meta’s commitment to the Vietnamese market is long-term. Over the past five years, our investment in Vietnam has increased gradually,” Frankel said. Meta wants to not only expand but also deepen the relations with partners, including governmental agencies, small, medium and micro enterprises, as well as Vietnamese consumers. The group also wanted to learn more about the environment and policies in Vietnam for the digital economy development and digital transformation. For Meta, Vietnam is not just a market with a population of 100 million people but also a market with a strong connectivity and young and creative residents. Meta has taken the initiative in cooperating with the Vietnamese Ministry of … [Read more...] about Meta wants long-term operation in Vietnam: executive

Hanoi's goal for 2023 is to secure the city's socio-economic performance and further develop a cultured, modern, and civilized society. Hanoi aims to constantly improve the leadership of the Party Committee and the sense of responsibility of government officials and Party members, especially the heads of government agencies, to fulfill all the socio-economic growth tasks set for 2023. Dinh Tien Dung, Member of the Politburo and Secretary of the Hanoi Party Committee, talks to Nhan Dan (People) newspaper about the plans and actions the city expects to carry out on the occasion of the 93rd anniversary of the founding of the Hanoi Party Committee. Dinh Tien Dung, Member of the Politburo and Secretary of the Hanoi Party Committee. Photo: The Hanoi Times As head of the Hanoi Party Committee, could you share some of Hanoi's achievements in the first half of 2020-2025? Hanoi has endured many international impacts in the past two and a half … [Read more...] about Innovation-centered approach boosts Hanoi’s performance in socio-economic growth

Vice Chairman of the National Assembly Nguyen Duc Hai (L) and Speaker of the National Assembly Kim Jin-pyo. (Photo: VNA) Seoul (VNA) – Vice Chairman of the National Assembly Nguyen Duc Hai paid a courtesy visit to Speaker of the National Assembly Kim Jin-pyo and met Prime Minister Han Duck-soo of the Republic of Korea (RoK) on March 21-22 as part of his trip to the country. At the meeting on March 21, the RoK NA speaker noted that the relations between Viet na m and the RoK have been developing strongly, highlighting the elevation of bilateral ties to a comprehensive strategic partnership in December 2022. He stressed that during his meetings with key leaders of the Vietnamese Party, Government and National Assembly during his visit to Vietnam last January, he noticed that both sides have been aware of the great potential of bilateral cooperation. Kim extended an invitation to NA Chairman Vuong Dinh Hue and legislators of Vietnam to attend a forum for ASEAN and Korean … [Read more...] about NA Vice Chairman visits RoK, meets host leaders

At the meeting on March 21, the RoK N.A. speaker noted that the relations between Vietnam and the RoK have been developing strongly, highlighting the elevation of bilateral ties to a comprehensive strategic partnership in December 2022. He stressed that during his meetings with key leaders of the Vietnamese Party, Government and National Assembly during his visit to Vietnam last January, he noticed that both sides have been aware of the great potential of bilateral cooperation. Kim extended an invitation to N.A. Chairman Vuong Dinh Hue and legislators of Vietnam to attend a forum for ASEAN and Korean leaders, slated for June in the RoK’s Jeju Island. For his part, Hai affirmed that Vietnam attaches importance to the relations with the RoK and suggested the two sides maintain all-level delegation exchanges and meetings, saying coordination and sharing of views on the bilateral cooperation as well as the regional and international situation would help deepen relations between their … [Read more...] about N.A. Vice Chairman visits RoK, meets host leaders

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

Prime Minister Pham Minh Chinh inspects major projects in Thua Thien-Hue (Photo: VNA) Thua Thien-Hue (VNA) - Prime Minister Pham Minh Chinh on March 25 inspected a number of works and projects in the central province of Thua Thien-Hue . Examining the resettlement area for 5,080 households who have to relocate to give space for the restoration of the Hue Ancient Capital, PM Chinh asked the province to continue to invest in the area's infrastructure, ensuring that residents enjoy similar or better living conditions compared to their old place. He also directed the province to continue to respond to requests of the affected people in the spirit of harmonising benefits. The PM lauded the residents in the resettlement area for their support to the project, saying it contributes to the preservation of the UNESCO-recognised World Cultural Heritage. Visiting the Hue Royal Antiquities Museum at Long An Palace in the Hue Monument Complex, the Government leader asked Thua … [Read more...] about PM inspects major projects in Thua Thien-Hue

Photo: Chi Cuong At VIR’s roundtable discussion on seeking a boost for inbound tourism last week, editor-in-chief Le Trong Minh opened the roundtable with a fact-based observation, and noted that the country has yet to unlock the full potential of its tourism industry. “While the tourism sector contributes a significant 9.2 per cent of the country’s total GDP, equivalent to $32.8 billion, this number remains low compared to the global average,” he said. In 2023, the tourism sector aims to welcome eight million international visitors. While this is a modest number compared to the level achieved in 2019 of 19 million visitors, it is a challenging target as the market is undergoing many changes and new trends post-pandemic. Explaining this, Hoang Nhan Chinh, secretariat director of the Vietnam Tourism Advisory Board assessed that group tours are seeing a decline, and tourists known as frequent independent travellers are on the rise. “An essential step is to understand the … [Read more...] about Powerful plan mooted for tourism

Foreign tourists visit Hanoi (Photo: VNA) Hanoi (VNA) - Hanoi plans to organise 167 promotional activities in trade, tourism and investment, including 50 at the municipal level this year in an effort to fulfil the capital city’s socio-economic development goals, said Vice Chairman of the municipal People’s Committee Nguyen Manh Quyen on March 2. Addressing a conference to plan the city's promotional campaign for 2023 held by the Hanoi Promotion Agency (HPA), Quyen stressed that the activities should focus on the city’s key export markets. According to the HPA's report, Hanoi organised 172 promotion activities last year, thus contributing to its socio-economic recovery and development after the COVID-19 pandemic. These activities contributed to bringing total export turnover to 17.1 billion USD last year, up 10.3% year-on-year, and reaching 1.69 billion USD in foreign direct investment, also up 10.3% year-on-year. In the year, Hanoi welcomed 18.7 million … [Read more...] about Hanoi plans various promotional activities to fulfil 2023 development goals