Promoting cooperation

Mayor of Hanoi Tran Sy Thanh has called for Singapore to further support the capital city in drafting urban planning for the next decade. Hanoi is seeking experience from Singapore in urban governance, and smart cities, and welcomes the participation of Singaporean companies in urban development projects. Hanoi's mayor Tran Sy Thanh (r) and Singapore Ambassador to Vietnam Jaya Ratnam. Photo: The Hanoi Times Chairman of the Hanoi People’s Committee Tran Sy Thanh expressed his view during a meeting with Singapore’s Ambassador to Vietnam Jaya Ratnam on August 16. According to Thanh, Vietnam-Singapore relations in general, and Singapore-Hanoi relations in particular, have made strong progress over the years, but there is still huge untapped potential. Thanh pointed out Singapore continues to be one of the most active partners in assisting Vietnam in global integration. “To date, both sides have formed a comprehensive partnership in terms of investment, … [Read more...] about Hanoi bolsters cooperation with Singapore in urban development

The Vietnamese Deputy Defense Minister emphasized that over the past time, the cooperation between Vietnam and the U.K. has been actively promoted by leaders of the two countries. He said that the visits of Prime Minister Pham Minh Chinh in November, 2021 and National Assembly Chairman Vuong Dinh Hue in June, 2022 to the U.K. were of great significance, contributing to consolidating the strategic partnership between the two countries and strengthening cooperation and mutual support in various fields, in which defense cooperation is an important component. Regarding defense cooperation, on the basis of the memorandum of understanding on bilateral defense cooperation inked in 2017 and other cooperation agreements, the defense ministries of the two countries have effectively carried out cooperation in fields of mutual concern and individual strength, such as delegation exchange, Defense Policy Dialogue, training, U.N. peacekeeping operations, defense industry, and human trafficking … [Read more...] about Vietnam and U.K. foster cooperation in human trafficking fight

In a group photo: Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh (6th from left) and Graham Stuart, Minister of State (Minister for Europe) at the Foreign, Commonwealth and Development Office (4th from right) and Minister of State in the Cabinet Office Nigel Adams (5th from left). (Photo: VNA) London (VNA) – A Party delegation, headed by Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh, paid a visit to the UK from August 10 – 15, aiming to fortify the countries’ strategic partnership, particularly in economy, trade, and investment. During the trip, the delegation met many UK officials, namely Graham Stuart, Minister of State (Minister for Europe) at the Foreign, Commonwealth and Development Office; Deputy Speaker of the House of Commons Nigel Evans; Minister of State in the Cabinet Office Nigel Adams; Economic Secretary to the Treasury Richard Fuller; and General Secretary of the Communist … [Read more...] about Party officials visit UK for improved strategic partnership

A trip to Ho Chi Minh Mausoleum can be an extraordinary experience for any visitor. The Mausoleum of late President Ho Chi Minh in Hanoi reopened to the public today [August 16] after regular maintenance since June 13, according to the mausoleum’s Management Board. The activities honoring the late President and the heroic martyrs will also resume today. Visitors queue to enter the mausoleum in Hanoi’s Ba Dinh District to pay tribute to late President Ho Chi Minh. Photo: Minh An/ The Hanoi Times Earlier, the mausoleum and the nearby martyr monument were closed from June 13 to August 15 for annual maintenance. President Ho Chi Minh passed away on September 2, 1969. The remains of President Ho Chi Minh rest in the central hall of the mausoleum where thousands of citizens and foreign guests visit every day. The granite mausoleum, which was built in two years, from 1973 to 1975, has become an important landmark of the capital city. A trip to Ho Chi … [Read more...] about President Ho Chi Minh Mausoleum reopens

The city's authorities will continue focusing on boosting economic recovery while addressing the concerns of the business community. An agreement signing ceremony to support access to concessional loans between the Hanoi Investment Fund for Development, the city's commercial banks and the business community took place at a conference connecting stakeholders in Hanoi on 15 August. An overview of the signing ceremony. Photo: kinhtedothi.vn The municipal Department of Industry and Trade and the Investment Fund for Development also signed an agreement on cooperation and information exchange on the same day to promote the recovery of the city’s businesses in the post-pandemic period. Speaking at the conference, Acting Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan said: “The conference is expected to facilitate the connection between local banks and businesses to support those who need  concessional loans.” She called on the … [Read more...] about Hanoi helps businesses get loans

Nowadays online shopping becomes more popular than in-store shopping The new Law on Tax Administration which took effect in mid-2020 has added regulations on the responsibilities of relevant ministries including the Ministry of Industry and Trade, the Ministry of Information and Communications, the Ministry of Finance, and the State Bank of Vietnam in tax administration for e-commerce business activities. Plus, the Decree No. 126/2020 also details e-commerce business for individuals. Accordingly, if an organization does business with an individual, the individual does not directly declare tax, but the organization is responsible for declaring VAT on the entire revenue of business cooperation activities, regardless of the form of business cooperation results. At the same time, the organization declares and pays personal income tax on behalf of the individual. Accordingly, with this provision, local businesses which cooperate with a foreign party shall pay tax on behalf of the … [Read more...] about Vietnam to tighten management, increase supervision to prevent tax loss

Speaking at the event’s opening ceremony, Vietnamese Ambassador to Ukraine Nguyen Hong Thach emphasised that the organisation of the exhibition shows that the Vietnam-Ukraine friendship continues to develop despite all difficulties. It also reflects the support of Ukrainian friends for the embassy's activities to promote understanding and cooperation between the two countries, he said. For his part, head of the association of Ukrainian painters Kostiantyn V. Cherniavskyy highly appreciated the Vietnamese Embassy’s initiative of inviting Ukrainian artists to draw about Vietnam, stressing that it’s the enthusiastic participation from Ukraine painters that made it a success. Acting Chairman of the Zarkapatia Oblast Council Andrei Sheketa highlighted the importance of the event, saying these paintings help him understand more about the land and people of Vietnam. Source: VNA … [Read more...] about Exhibition held to mark 30th anniversary of Vietnam-Ukraine diplomatic ties

Deputy Chief of the General Staff of the Vietnam People’s Army (VPA) Lieutenant General Nguyen Van Nghia, who is head of the organizing panel of the Emergency Area event of the Army Games 2022 in Vietnam, chaired the opening ceremony. The event saw the presence of Deputy Defense Minister of Vietnam Sr. Lt. Gen. Hoang Xuan Chien; Deputy Director of the General Department of Political Affairs Maj. Gen. Nguyen Van Gau; representative of the organizer of the Army Games 2022 of the Russian Ministry of Defense Rear Admiral Andrey Subbotin; ambassadors and military attachés of countries sending contingents to the event; and participating contingents. In his opening remarks, General Nghia welcomed delegates and participants. He stressed that the Army Games 2022 is held when the COVID-19 is basically controlled. He highlighted the thorough preparation for organizing the Emergency Area event with the high determination and great efforts of the Vietnamese Ministry of National Defense and the … [Read more...] about Army Games 2022: Vietnam starts Emergency Area event

Japan will give post-COVID-19 support to over 100 overseas Japanese-invested projects, including more than 40 in Vietnam, but the Southeast Asian country needs to overcome certain challenges facing them, a Japanese trade official said. Nobuyuki Matsumoto, chief representative of the Japan External Trade Organization (JETRO)’s Ho Chi Minh City Office, released the information at a press briefing held recently at the twin launch of the upcoming METALEX Vietnam Exhibition and Supporting Industry Exhibition 2022 in October this year. Since 2021, the Ministry of Economy, Trade, and Industry of Japan has implemented an investment aid policy for Japanese firms abroad, aiming to diversify supply chains in the face of the heavy impacts of the COVID-19 pandemic, Matsumoto said. Among the 103 Japanese-invested projects selected by the Japanese government after five rounds of consideration for support, Vietnam took the lead with 41 projects, followed by Thailand with 25, and Malaysia and … [Read more...] about Vietnam emerges as focus of Japan’s post-pandemic supply chain diversification