A delegation of the Vietnamese Embassy in Thailand led by Ambassador Phan Chi Thanh visits Ho Chi Minh Museum in Phichit province. (Photo: VNA) Hanoi (VNA) – The Vietnamese Embassy in Cambodia on May 19 held an incense-offering ceremony to pay tribute to President Ho Chi Minh on his 132nd birthday. In his remarks, Ambassador Nguyen Huy Tang called on the embassy’s staff and Vietnamese people in Cambodia to follow the late President’s ideology, morality and lifestyle. They should seriously observe local law and support each other, he said, lauding Vietnamese firms and agencies in Cambodia for their support to Cambodia ns of Vietnamese origin and local people during the COVID-19 fight. The Vietnamese community in Hungary and Hungarian friends on May 18 also gathered at a ceremony in Zalaegerszeg city where President Ho Chi Minh’s statue is located to pay homage to the late leader. Góra Balázs, Chairman of the Hungarian Socialist Party’s Zalaegerszeg branch, recalled … [Read more...] about President Ho Chi Minh remembered abroad
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Vietnam’s next steps in the fight to eradicate child labor
Deputy Minister of Labor, War Invalids, and Social Affairs Nguyen Thi Ha shared Vietnam’s plans to eradicate child labor at a conference in South Africa on Tuesday. At the fifth Global Conference on the Elimination of Child Labor in Durban, South Africa, Ha spoke about the pivotal role that childhood education plays in reducing the risk of children leaving school to find work. Currently, about 94.4 percent of Vietnamese children have access to education thanks to government policies to make primary and secondary education compulsory, eradicate illiteracy, and reduce or exempt tuition fees for poor, disabled, ethnic minority, and underprivileged children. The Vietnamese government also has policies which help these marginalized groups gain access to health insurance and other social welfare programs. Currently, Vietnam is cooperating with other entities, such as the United Nations International Children’s Emergency Fund (UNICEF) and the International Labor Organization (ILO) to … [Read more...] about Vietnam’s next steps in the fight to eradicate child labor
Top legislator hosts Boeing vice president
Chairman of the National Assembly Vuong Dinh Hue (R) and Michael Arthur, Senior Vice President of Boeing and President of Boeing International(Photo: VNA) Hanoi (VNA) – Chairman of the National Assembly (NA) Vuong Dinh Hue received Michael Arthur , Senior Vice President of Boeing and President of Boeing International, in Hanoi on May 19. Lauding the aviation group’s activities in Vietnam and sharing its COVID-19-induced difficulties, Hue expressed his belief in Boeing’s post-pandemic recovery, particularly in Southeast Asia and Vietnam. Vietnam always aims to create the best conditions possible for foreign investors, he stated, telling his guest about the country’s implementation of a monetary and fiscal support package that will last until 2023 and other incentives for enterprises. Hue welcomed a cooperation pact signed between Boeing and the Vietnamese low budget carrier Vietjet Air on restructuring and further implementation of a commercial contract to buy 200 … [Read more...] about Top legislator hosts Boeing vice president
Vietnam, Singapore parliaments ink agreement to boost cooperation
The visit paid by the Singaporean parliament speaker is aimed to realize the agreement reached by the countries’ top leaders during Vietnamese President Nguyen Xuan Phuc’s visit to the neighboring country in February 2022. A memorandum of understanding (MoU) on enhancing relations, exchanges, and cooperation between Vietnam’s National Assembly (NA) and the Parliament of Singapore was signed during the three-day visit to Hanoi paid by Speaker Tan Chuan-Jin, his first official visit to Vietnam beginning on May 18. Chairman of Vietnam's National Assembly Vuong Dinh Hue (R) and Speaker of the Parliament of Singapore Tan Chuan-Jin in Hanoi on May 18. Photos: Quochoi During the visit made at the invitation of Chairman of Vietnam's National Assembly Vuong Dinh Hue, the two legislative bodies also supported the signing of an MoU on cybersecurity, mutual legal assistance, and trans-border crime prevention. They argued that the legislative connection is an extremely … [Read more...] about Vietnam, Singapore parliaments ink agreement to boost cooperation
PM’s working trip to US a demonstration of Vietnam’s foreign policy
PM Pham Minh Chinh addresses the ASEAN - US Special Summit in Washington D.C. on May 13. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh’s recent working visit to the US is a step to strongly implement Vietnam’s foreign policy , help elevate multilateral diplomacy , and intensify relations with the US - one of the leading partners of Vietnam, an official has said. The high-ranking delegation of Vietnam led by the PM attended the ASEAN - US Special Summit and paid working visits to the US and the UN from May 11 to 17. Talking to the media, Deputy Minister of Foreign Affairs Ha Kim Ngoc said the trip with more than 60 bilateral and multilateral activities at different levels helped carry out the foreign policy of independence, self-reliance for peace, friendship, cooperation and development, multilateralisation and diversification of external relations, and comprehensive and extensive international integration. At the special summit marking the 45th … [Read more...] about PM’s working trip to US a demonstration of Vietnam’s foreign policy
Greek president visits popular destinations in Ho Chi Minh City
Greek President Katerina Sakellaropoulou and her delegation visited many popular destinations in Ho Chi Minh City on Thursday, as part of her official visit to Vietnam from May 15 to 19. President Sakellaropoulou started her journey on Thursday by taking a stroll and shopping along Dong Khoi Street in District 1 at 10:00 am. Greek President Katerina Sakellaropoulou and her delegation visit Bach Dang Wharf Park in District 1, Ho Chi Minh City, May 19, 2022. Photo: T.T.D. / Tuoi Tre Instead of traveling by car, the Greek leader decided to walk from Dong Khoi Street to Bach Dang Wharf Park. The president and her delegation later visited Ngoc Hoang Pagoda, where she talked with a monk to learn more about the stories behind the sacred statues. Greek President Katerina Sakellaropoulou visits Ngoc Hoang Pagoda in District 1, Ho Chi Minh City, May 19, 2022. Photo : T.T.D. / Tuoi Tre Greek President Katerina Sakellaropoulou asks a monk about … [Read more...] about Greek president visits popular destinations in Ho Chi Minh City
Vietnam, Denmark forge people-to-people exchange
Ambassador Luong Thanh Nghi and DAVIFO President Trine Glue Doan (Photo: VNA) Hanoi (VNA) – Ambassador Luong Thanh Nghi has suggested the Vietnamese Embassy in Denmark and the Denmark-Vietnam Friendship Association (DAVIFO) coordinate with relevant agencies in organising forums for young people of the two countries to serve as nucleus for their bilateral ties. The two sides should join hands in launching activities like cuisine festivals, photo exhibitions and dialogues between prestigious writers and artists, and audiences to promote the Vietnamese and Danish cultures, he said at a meeting with DAVIFO President Trine Glue Doan on May 17. The diplomat noted with pleasure the close coordination between DAVIFO and the Vietnam-Denmark Friendship Association under the Vietnam Union of Friendship Organisations (VUFO), with practical activities held in Hanoi, Da Nang, Ho Chi Minh City and other Vietnamese localities. Vietnam always pays attention to improving living … [Read more...] about Vietnam, Denmark forge people-to-people exchange
Japanese M&A in Vietnam on a steady track to bigger deals
The deal value in Vietnam by Japanese investors last year was more than triple the figure of 2020. Why has there been a sharp increase in Japanese mergers and acquisitions (M&A) deals? Masataka “Sam” Yoshida, head of the Cross-border Division of RECOF Corporation and CEO of RECOF Vietnam Co., Ltd This rise was due to an exceptional deal done by SMBC Consumer Finance, in the amount of nearly $1.38 billion, which acquired FE Credit from VP Bank. In fact, there have been several relatively big deals by Japanese investors ranging from $50-100 million every two years during the last 10 years – however, this one was by far the largest. Apart from this one, we recognise that most of the Japanese-related deals were around $5-30 million in size, which did not show any big difference from before 2020. What is M&A activity like so far in 2022 for Japanese groups here? Despite the aforementioned mega deal by SMBC, most Japanese investors had to wait until travel … [Read more...] about Japanese M&A in Vietnam on a steady track to bigger deals
Hanoi art performance marks President Ho Chi Minh’s birthday
Hanoi art performance marks President Ho Chi Minh ’s birthday (Photo: VNA) Hanoi (VNA) – An art performance was held in Hanoi on May 18 to celebrate the 132nd birth anniversary of President Ho Chi Minh. Hosted by the Van hoa (culture) Newspaper under the Ministry of Culture, Sports and Tourism in coordination with relevant agencies, the event was broadcast live on H1 TV channel of the Hanoi Television, with the participation of many famous artist s. It spotlighted the late President’s life and career, and the love of Vietnamese people for the homeland and the late leader. Many valuable documentary images about him were screened interspersed with songs during the event, highlighting his care for children and soldiers, farmers, intellectuals, and workers. President Ho Chi Minh was born on May 19, 1890, in Kim Lien commune, Nam Dan district, Nghe An province. He devoted his whole life to the cause of national liberation, while tirelessly striving for peace and … [Read more...] about Hanoi art performance marks President Ho Chi Minh’s birthday
Equinor reaffirms entry in Vietnam’s offshore wind
Jens Olaf Økland, Equinor’s senior vice president Why did Equinor choose now to open an office in Hanoi? We believe it is very timely to open an office now. Vietnam is one of the world’s fastest-growing economies and power markets. With its long coastline and favourable wind conditions, the country has among the best wind resources in Asia and a strong desire to develop an offshore wind market. The country is on a path to becoming net-zero and offshore wind can enable this transition. We believe Vietnam has a high potential to become an interesting growth market for offshore wind and have therefore opened a representative office in Hanoi. Vietnam has set ambitious targets for offshore wind both for 2030 and 2045 which would result in Vietnam being one of the top offshore wind markets globally. The end of the decade is not that far away and a lot of things still need to come into place, both on the regulatory side and for the industry, but this is also natural in the … [Read more...] about Equinor reaffirms entry in Vietnam’s offshore wind