Populism foreign investors

At the meetings, FM Son thanked the U.S. Department of State and the U.S. National Security Council for helping promote the Vietnam-U.S. relations over the years, especially through the close coordination in organizing the ASEAN-U.S. Special Summit. The two sides shared pleasure that U.S. President Joe Biden and PM Pham Minh Chinh had a meeting on the sidelines of the summit, during which they engaged in practical discussions on the bilateral relations between the two countries as well as regional and international issues of shared concern. FM Son expressed his delight at the positive development of the Vietnam-U.S. comprehensive partnership over the years, as seen in mutual visits, including that by U.S. Vice President Kamala Harris in 2021, as well as in meetings and telephone talks between officials of both sides. Therefore, bilateral cooperation in many areas such as economy, trade, COVID-19 prevention and control, education-training, science-technology, climate change … [Read more...] about Foreign Minister Bui Thanh Son meets U.S. counterpart, National Security Advisor in Washington

Truong Hung Long, director of the Department of Debt Management and External Finance under the Ministry of Finance. Improving the national credit rating is implemented with a long-term vision to reduce the cost of capital mobilisation, enhance the country's reputation, and meet the needs of socio-economic development in the future. Truong Hung Long, director of the Department of Debt Management and External Finance under the Ministry of Finance, spoke with Vietnam News Agency about the issues. The Prime Minister has just approved a project to improve the national credit rating by 2030. The Department of Debt Management and External Finance is assigned to develop and implement the project. What will the department do to fulfil this task? The Government issued Decision 304/QD-TTg on February 6, 2013 to approve a project on improving the national credit rating. That created favourable conditions for the Government in accessing the international capital market. It is also a way … [Read more...] about Viet Nam promotes solutions to improve national credit rating

There should be special mechanisms for economic ties between the two countries. The governments of Vietnam and Laos are closely working on the construction of the Hanoi-Vientiane expressway project that will facilitate sea access to land-locked Laos. Chairman of Vietnam’s National Assembly Vuong Dinh Hue speaks with Vietnamese businesses in Laos on May 15. Photos: Quochoi The information was released by Chairman Vuong Dinh Hue of Vietnam’s National Assembly who is on his three-day visit to Lao starting on May 15. Hanoi-Vientiane expressway, which is being built with funding from Japan, will enable Laos to access the sea in Vung Ang Seaport, Vietnam’s central province of Ha Tinh. Launched in 2016, the 725-km project, with an estimated investment of US$4.5 billion, is expected to boost economic connectivity between the two countries and Thailand’s northeast. Hue said the two countries' economic ties need to be boosted to become commensurate to the strong … [Read more...] about Vietnam, Laos boost construction of road linking two capital cities

A police officer instructs a citizen on how to make an online declaration for a passport application. — Photo laodong.vn HÀ NỘI — Vietnamese citizens applying for passports without electronic chips will be able to submit their forms online and receive them by post. Under a pilot scheme from May 15, they can access http://dichvucong.gov.vn or http://dichvucong.bocongan.gov.vn to make an online declaration, pay the fee and receive their passports by post, or collect them at the immigration offices, according to the Việt Nam Immigration Department under the Ministry of Public Security. The scheme applies to those residing in the country having a valid chip-based identity card or a valid 12-digit citizen ID card, a valid account on the Government Public Service Portal, and the ability to pay online fees. The move aims to reduce the travel time for people and strengthen the transparency of public administration. If successful, the model will be rolled out to provinces and … [Read more...] about Immigration Department pilots e-portal passport applications

The Japanese retailer plans to build 16 more shopping malls in Vietnam by 2025. AEON Mall Vietnam, the Japanese retailer, wants to invest in three or four more projects in Hanoi by 2025. AEON Mall shopping mall in Long Bien District. Photo: AEON Mall This plan was proposed by General Director of AEON Mall Vietnam Nakagawa Tetsuyuki at a recent meeting with Hanoi Party Secretary Dinh Tien Dung on May 13. By 2025, the Japanese retailer wants to build 16 more shopping malls in Vietnam. It is currently operating six department stores in Vietnam, including two commercial centers in Hanoi’s Long Bien and Ha Dong districts. As investment procedures for its project in Hoang Mai District is being finalized, the General Director of Aeon Mall Vietnam hoped Hanoi will continue to support and remove obstacles so that the execution of the project could kick off in the third quarter of this year. The Japanese business also asked the city to support the research and … [Read more...] about AEON Mall wants to invest in four more projects in Hanoi

National Assembly Chairman Vuong Dinh Hue and his host counterpart Saysomphone Phomvihan on May 16 held  talks. (Photo: VNA) Hanoi (VNA) - National Assembly Chairman Vuong Dinh Hue and his host counterpart Saysomphone Phomvihan on May 16 held  talks following an official welcome ceremony for the former. Hue is now in Laos on an official visit. The Lao leader spoke highly of the significance of the visit, the first by a key Vietnamese leader to Laos in the " Year of Solidarity and Friendship " between Viethnam and Laos. The year 2022 marks the 60th anniversary of the establishment of diplomatic relations between the two countries and the 45th anniversary of the signing of the Vietnam-Laos Treaty of Friendship and Cooperation. This is also the highest-level delegation of a foreign National Assembly to visit Laos since the success of the 11th Congress of the Lao People's Revolutionary Party and the beginning of the 9th National Assembly term of Laos. For his part, … [Read more...] about NA leader holds talks with Lao counterpart

Prime Minister Phạm Minh Chính had a meeting with Permanent Delegation of Việt Nam to the United Nations in New York on May 15. — VNA/VNS Photo Dương Giang NEW YORK — Officials and staff at Vietnamese representative agencies must keep abreast of global issues such as pandemic response, resource exhaustion, population aging, and climate change in order to fulfill their tasks, Prime Minister Phạm Minh Chính said on May 15 (US time) in New York. He made the request during a meeting with the Permanent Delegation of Việt Nam to the United Nations (UN) as part of his trip to the US. These issues require a global approach, he said, calling for the cooperation of countries and multilateralism, of which the most important mechanism is the UN. At the same time, the mission should strictly follow the foreign policy of independence, for peace, friendship, cooperation and development, multilateralisation, and diversification of external relations. According to the PM, it is … [Read more...] about PM meets Permanent Delegation of Việt Nam to the UN

Vice chairman Torben Minko How do member companies of the European Chamber of Commerce in Vietnam (EuroCham) evaluate the potential of public-private partnership (PPP) development in Vietnam? Vietnam has a promising opportunity for PPP development with a dynamic population, an increasing middle-income class, and also a rising need for high-quality products and services. Currently, PPPs are not yet applied in the services area. Service-based PPPs can unlock further contributions from the private sector toward an inclusive, forward-looking, and sustainable healthcare system. As such, a legal framework is a key that is conducive to business via a predictable and sustainable environment. EuroCham’s Healthcare Forum includes three sector committees namely Pharma Group (PG), International Quality Medicines (IQMED), and Medical Device Diagnostics (MDDs). The key interests of EuroCham members in PPP include machine installation models in hospitals, addressing public health concerns, … [Read more...] about Deploying public-private health plans