He was speaking during a meeting with the US business community in Washington DC on May 12 (US time), as part of the Vietnamese leader’s trip to the US. The meeting was held by the US-ASEAN Business Council and the US Chamber of Commerce. PM Chinh affirmed that Vietnam always considers the US as a leading, important partner. He said the impressive growth of bilateral trade of between 17-20 per cent a year proves that there remains ample room for economic development between the two countries. Prime Minister Pham Minh Chinh meets US investors and business leaders in Washington DC on May 12 (US time) — VNA/VNS Photo Vietnam is the ninth largest trading partner of the US. Two-way trade turnover between the two countries in 2021 reached nearly US$112 billion in spite of difficulties caused by the COVID-19 pandemic, the PM said. PM Chinh added that Vietnam is focusing on technology renovation, digital transformation and diversification of the supply chain. The … [Read more...] about PM Chinh meets US business community
Scholars journal of economics business and management
Mekong Delta hoped to see development breakthroughs
Fishing on a flooded field in Vi Thuy district of the Mekong Delta province of Hau Giang (Photo: VNA) Hanoi (VNA) – The Politburo recently issued Resolution No. 13/NQ-TW on orientations for socio-economic development and defence - security safeguarding in the Mekong Delta until 2030, with a vision to 2045, aiming to make development breakthroughs across the region. The Mekong Delta comprises Can Tho city and the provinces of An Giang, Dong Thap, Long An, Tien Giang, Vinh Long, Ben Tre, Tra Vinh, Soc Trang, Hau Giang, Bac Liêu, Ca Mau and Kien Giang. It is one of the largest and most fertile deltas in Southeast Asia and the world. At a conference on the implementation of Resolution No. 13/NQ-TW on April 22, Party General Secretary Nguyen Phu Trong emphasised several advantages of this region, including its strategic location. The Delta is next to the southeastern region, including Ho Chi Minh City - the southern economic hub of Vietnam, and adjacent to Cambodia … [Read more...] about Mekong Delta hoped to see development breakthroughs
Avoid unworthwhile investments, try estate taxes, Vietnam advised
At a Saturday conference in Harvard University on Vietnam's development strategy in the 21st century, Prime Minister Pham Minh Chinh said Vietnam's economy has expanded into the fourth largest economy in ASEAN and among the world's top 12 economies with the largest scale of commerce. The country also takes part in 15 active FTAs, he said. Economist David Dapic said Vietnam taking part in FTAs was a major success. Millions of farmers have moved on to work in factories as a result. But the fact that most materials for production are imported from China is a weakness, he added. When the Covid-19 pandemic broke out, borders were closed and there was commercial tension, Vietnam's exports were affected, Dapic said. Vietnam's trade turnover with the U.S. may reach $100 billion this year. Such a figure might be small for the U.S., but Vietnam should take note to remain in constant communication and avoid being accused of currency manipulation, he advised. Nguyen Thi Hong, head of the … [Read more...] about Avoid unworthwhile investments, try estate taxes, Vietnam advised
Greek President’s Việt Nam visit expected to deepen multi-faceted cooperation
Greek President Katerina Sakellaropoulou arrived in Hà Nội's Nội Bài International Airport on Sunday, beginning her official visit to Việt Nam. VNA/VNS Photo HÀ NỘI — Greek President Katerina Sakellaropoulou arrived in Hà Nội on Sunday, beginning her official visit to Việt Nam at the invitation of Vietnamese President Nguyễn Xuân Phúc. Within the framework of the five-day visit, the Greek President will visit the Monument to Heroic Martyrs and Hồ Chí Minh Mausoleum, hold talks with President Nguyễn Xuân Phúc, pay a courtesy visit to Party General Secretary Nguyễn Phú Trọng, and meet with Chairman of the National Assembly Vương Đình Huệ. She will also attend a document signing ceremony and meet with the press, visit the Temple of Literature and attend some local events. The visit is expected to contribute to consolidating political trust and deepening the multi-faceted cooperation between the two countries. The visit takes place in the context that the traditional friendship … [Read more...] about Greek President’s Việt Nam visit expected to deepen multi-faceted cooperation
Natthakritta, Chang take golf individual golds
Natthakritta Vongtaveelap on the green. She took gold in the women's individual event at Heron golf course in Vĩnh Phúc Province on May 15. VNA/VNS Photo Hoàng Hùng HÀ NỘI — Leading golfers Natthakritta Vongtaveelap from Thailand and Ervin Chang of Malaysia won gold medals in the women’s and men’s individual events at the SEA Games 31 on May 15. The two had a good result in the final rounds to finish top at the golf event. Natthakritta Vongtaveelap scored 14-under-par in the final round to beat her opponents and top the podium. The Thai player kept her momentum from the first and second rounds as she earned 5-under-par and 10-under-par. Scoring seven-under-par in the final round, Singapore’s Aloysa Margiela Atienza Mabutas took home silver. She also had a good start in the first round and second round with a total score of 74 and 70, respectively. Jeneath Wong of Malaysia grabbed the bronze medal with a five-under-par score in the final round. She also scored the first … [Read more...] about Natthakritta, Chang take golf individual golds
Prime Minister receives U.S. Special Presidential Envoy for Climate
PM Chinh highlighted Kerry’s heartfelt sentiments towards the country and people of Vietnam, as well as his responsibility and enduring contributions to Vietnam-U.S. relations over the past years. He also praised Kerry for his role in building the two-Party consensus in the U.S. in supporting the relationship with Vietnam, especially the settlement of war consequences – part of the process of reconciliation and trust-building between the people of the two countries. Vietnam consistently pursues a foreign policy of independence, self-reliance, peace, friendship, cooperation, development, multilateralization and diversification of relations, and being a good friend and a reliable partner of countries worldwide, and an active, responsible member of the international community, the PM affirmed. During the process, Vietnam always considers the U.S. a leading important partner, and wants to work together with the U.S. to promote the bilateral ties on the basis of respect for each … [Read more...] about Prime Minister receives U.S. Special Presidential Envoy for Climate
Prime Minister receives US Special Presidential Envoy for Climate
Prime Minister Pham Minh Chinh (right) and US Special Presidential Envoy for Climate John Kerry . (Photo: VNA) Boston (VNA) – Prime Minister Pham Minh Chinh met with US Special Presidential Envoy for Climate John Kerry in Boston on May 14 (local time) as part of his working trip to the US. PM Chinh highlighted Kerry’s heartfelt sentiments towards the country and people of Vietnam, as well as his responsibility and enduring contributions to Vietnam-US relations over the past years. He also praised Kerry for his role in building the two-Party consensus in the US in supporting the relationship with Vietnam, especially the settlement of war consequences – part of the process of reconciliation and trust-building between the people of the two countries. Vietnam consistently pursues a foreign policy of independence, self-reliance, peace, friendship, cooperation, development, multilateralisation and diversification of relations, and being a good friend and a reliable … [Read more...] about Prime Minister receives US Special Presidential Envoy for Climate
Defense Minister works with Binh Phuoc authorities and Army Corps 16
The delegation included Deputy Chief of the General Department of Political Affairs Lieutenant General Trinh Van Quyet, Secretary of the Binh Phuoc provincial Party Committee Nguyen Manh Cuong, and Deputy Chief of the General Staff Lieutenant General Phung Si Tan. Reportedly, in 2021 and the first four months of 2022, the local Party Committee, authorities and armed forces actively and drastically took measures to put the COVID-19 pandemic under control, and made achievements in socio-economic developments. Meanwhile, the provincial armed forces also contributed to building defensive areas and whole people’s defense posture while firmly managing the border areas of peace, stability, cooperation and development, among others. Addressing the event, General Giang congratulated the local Party Committee, people and armed forces on their task performance over the past time, underscoring the importance of the first Vietnam-Cambodia border defense friendship exchange. He expressed his … [Read more...] about Defense Minister works with Binh Phuoc authorities and Army Corps 16
Vietnam’s path to becoming a cybersecurity powerhouse
Decisive factors Cybersecurity plays an important role in accelerating the national digital transformation process. According to Trinh Ngoc Minh, a member of the Executive Committee of Vietnam Information Security Association’s (VNISA) southern branch, Vietnam has significantly improved its data privacy protection capabilities and was listed among the top 25 countries and territories (out of 194) in the 2020 Global Cybersecurity Index (GCI). Minh said investment and interest in Vietnam's cybersecurity have been growing, with spending in this field increasing 50 percent and numerous domestically developed information security products put into use. Minh explained that a cybersecurity powerhouse is able to affect the world's cybersecurity system, pointing to the US, Russia and Israel as outstanding examples of such powers. Sharing Minh’s view, Vice Chair of VNISA and Deputy Chair of Bkav, Ngo Tuan Anh, said Vietnam boasts a highly qualified IT (information technology) … [Read more...] about Vietnam’s path to becoming a cybersecurity powerhouse