Prime ministers questions

Minister of Defence Phan Van Giang (L) receives Mongolian Minister of Defence Saikhanbayar Gursed (Photo: SGGP) At a reception for the Mongolian minister, who is on an official visit and will attend the Vietnam International Defence Expo 2022, the Government leader said he believes that the visit will contribute to enhancing mutual understanding and trust, and lifting the traditional friendly relationship between the two countries in general and defence cooperation in particular to new heights. The two sides are pleased to see that the traditional friendship between Vietnam and Mongolia has been continuously consolidated and developed after nearly 70 years since the establishment of diplomatic ties. Cooperation in the fields of politics, diplomacy, economy, trade, investment, agriculture, and education has been promoted by leaders at all levels and produced practical results. They shared the view that in the context of complicated development of the world and regional … [Read more...] about Vietnam treasures relationship with Mongolia: Prime Minister

According to Collins Chong, under the leadership of Prime Minister Anwar Ibrahim, Malaysia will continue to pursue a greater economic partnership with its Southeast Asian neighbor as it is one of the top investors in Vietnam, and will encourage Vietnam to pour more investment into the energy and food sectors in Malaysia. The expert said Vietnam is considered the next solid economic power in the Association of Southeast Asian Nations (ASEAN) and is playing an increasingly important role in the global economic chain. Prime Minister Ibrahim and Malaysian policy-making agencies are aware of this and will come up with an appropriate strategy to promote bilateral cooperation prospects in the future, he said, adding that Vietnam will be the largest economic partner of Malaysia in ASEAN. Malaysia needs to explore and promote cooperation in strategic and important industries, tap Vietnam's strengths in core economic sectors such as electronics, food processing, machinery and … [Read more...] about Vietnam-Malaysia relations to be promoted under cabinet of new Malaysian Prime Minister: expert

PM Pham Minh Chinh told his guests that Vietnam is developing on three pillars, including building a law-governed socialist State, building socialist democracy and developing a socialist-oriented market economy, focusing on three strategic breakthroughs related to institutions, infrastructure and human resource; building a fair, transparent an stable business environment; and reducing input costs for businesses and investors in the spirit of harmonizing interests and sharing risks for mutual benefits. In 11 months of this year, Vietnam’s exports-imports surpassed 673 billion USD, up 11.8% annually, with a surplus of 10.6 billion USD. Foreign direct investment in the country was estimated at 19.68 billion USD, up 15.1% year-on-year. The two-way trade value between the two countries topped 105 billion USD, up 18% on an yearly basis. Affirming that Vietnam always treasures comprehensive partnership with the U.S., the host suggested the USABC and the council's groups firms support … [Read more...] about Prime Minister receives U.S.-ASEAN Business Council delegation

National Assembly Chairman Vuong Dinh Hue (L) meets New Zealand Prime Minister Jacinda Ardern in Wellington on December 6 (Photo: VNA) Wellington (VNA) - National Assembly Chairman Vuong Dinh Hue on December 6 told New Zealand Prime Minister Jacinda Ardern that Vietnam attaches great importance to relations with the country and wishes to further promote the bilateral partnership in all fields through channels. The Vietnamese top legislator said that together with the recent official visit to Vietnam by the New Zealand leader, his ongoing visit affirms the determination of high-ranking leaders and peoples of both countries in promoting the bilateral strategic relations. Briefing the host on his activities in Wellington, Auckland and Hamilton, he underlined that there is room for the two countries to further beef up their cooperation for the target of 2 billion USD in two-way trade in 2024. NA Chairman Hue suggested that the two sides further strengthen collaboration in … [Read more...] about Vietnam wishes to promote ties with New Zealand in all fields, through all channels: NA leader

Vietnamese Prime Minister said climate response requires a global approach to ensure people-centered solutions. Vietnam expects to accelerate the negotiation process with the UK and EU regarding the establishment of the Just Energy Transition Partnership (JETP), said Prime Minister Pham Minh Chinh at a meeting with Ambassador of the EU to Vietnam Giorgio Aliberti today [December 6]. Prime Minister Pham Minh Chinh and EU Ambassador to Vietnam Giorgio Aliberti in Hanoi on Dec 6. Source: VGP The world is undergoing an energy transition as climate change has emerged as a global challenge. “This requires a global approach to strengthen solidarity and multilateralism, along with a people-oriented solution that puts the people at the center, the engine and objectives for development,” Chinh said. Such a process, however, should ensure justice and fairness for each country involved, Chinh added. In the case of Vietnam, Chinh called for the EU to assist the … [Read more...] about Vietnam expects to accelerate negotiations for Just Energy Transition Partnership

Hanoi (VNA) - The following is a list of selected news summaries last weekend by the Vietnam News Agency. - President Nguyen Xuan Phuc held retreat and official talks with President of the Republic of Korea (RoK) Yoon Suk-yeol in Seoul on December 5, during which the Vietnamese leader affirmed Vietnam consistently values ties with the RoK in its foreign policy of independence, self-reliance, multilateralisation and diversification of relations. Read full story - Chairman of the National Assembly (NA) Vuong Dinh Hue attended an economic cooperation forum in Wellington on December 5, noting that bilateral economic ties have ample room to flourish. Read full story - Prime Minister Pham Minh Chinh hosted in Hanoi on December 5 a reception for Senior Vice President and Regional Managing Director of the US-ASEAN Business Council (USABC) Michael Michalak and a delegation of the council's businesses. Read full story - Prime Minister Pham Minh Chinh hailed the development of … [Read more...] about ☀️ Morning digest December 6

While receiving Giorgio Aliberti, ambassador and head of the European Union Delegation to Vietnam, in Hanoi on December 6, Prime Minister Pham Minh Chinh assured Vietnam is committed to combating illegal unreported and unregulated (IUU) fishing. PM Pham Minh Chinh (R) receives Giorgio Aliberti, ambassador and head of the European Union Delegation to Vietnam, in Hanoi on December 6. Vietnam is deploying drastic measures to strictly and substantively implement regulations against IUU fishing, including a 180-day action plan to remove the ‘yellow card’ imposed by the European Commission, he said. The EC has imposed the fishing rules since 2017, a move that has hindered the development of the domestic fishery sector and the country’s seafood processing and export. Vietnam is a responsible member of the international community, including in the field of protecting the marine environment and marine ecosystems, said the PM. The Prime Minister requested that the … [Read more...] about Vietnam committed to fighting illegal fishing, PM tells EU ambasador

Permanent Deputy Prime Minister Pham Binh Minh (R) and Korean Deputy PM and Minister of Economy and Finance Choo Kyung-ho (Photo: VNA) Seoul (VNA) - Permanent Deputy Prime Minister Pham Binh Minh on December 6 encouraged Korean firms to expand investment in Vietnam in digital technology, electronics, infrastructure and industrial zones. RoK ) to facilitate Vietnam’s agro-fisheries exports to the country, toward lifting two-way trade to 100 billion USD by 2023 and 150 billion USD by 2030 in a more balanced and sustainable manner. At the ceremony to exchange cooperation agreements between businesses of the two countries (Photo: VNA) Choo, for his part, suggested both countries expand coordination in new spheres such as digitalisation, climate change response and environment-friendly technology. Vietnam ese Government will make it easier for Korean financial organisations to enter Vietnam, thus expanding Korean investment in the country. Investment showed that … [Read more...] about Deputy PM calls for more Korean investment to Vietnam

A real estate project in Lam Dong Province. The tax reform is expected to prevent land speculation and promote the efficient use of houses. — VNA/VNS Photo The Ministry of Finance (MoF) has recently approved the scheme for tax reform until 2030. Under the scheme, the first draft law on property will be proposed before the National Assembly in 2023 and is expected to become law the next year. Afterward, MoF will issue additional legal documents to elaborate the law. MoF said the draft will exempt agricultural land users from land use taxes until late 2025, a move that aligns with the Party and the State's stance on agriculture and rural development. Regarding non-agricultural land, the draft will increase the prescribed added-value applicable to land and raise taxes on housing to prevent land speculation and incentivise the efficient use of houses. It is also worth noting that the Prime Minister approved the 'Strategy for Tax Reform until 2030' in April. The tax reform is … [Read more...] about MoF to raise taxes on land and housing

Speaking after annual AUSMIN talks between the allies, Austin said the two countries also agreed to "invite Japan to integrate into our force posture initiatives in Australia." Austin did not detail when there would be an increase in the rotations, or how many troops, ships and aircraft they would involve, and it was unclear how the announcement differed from a similar statement more than a year ago. "The United States and Australia share a vision of a region where countries can determine their own futures," he told a joint news conference with his Australian counterpart that included the nations' foreign ministers. In a joint statement, the sides said that "to strengthen U.S. land presence," they would expand locations for U.S. Army and U.S. Marine Corps forces in Australia. It said they would also identify priority locations to support an enhanced U.S. force posture with runway improvements, aircraft parking aprons and storage for fuel and munitions, and decided to … [Read more...] about US to increase rotational military presence in Australia, invite Japan