Vietnam and China share a long border with the busiest border gates serving trade connections. Vietnam’s top leaders including General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong and Prime Minister Pham Minh Chinh today [March 28] met Wang Ning, party secretary of Yunnan Province, China as part of gestures to strengthen the ties between border areas. General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong (R) and Wang Ning, party secretary of Yunnan Province, China, at the meeting in Hanoi on Mar 28. Photo: VNA Wang Ning is in Vietnam to co-chair a meeting between party secretaries of Vietnam’s Ha Giang, Lao Cai, Lai Chau, and Dien Bien provinces. The meeting is the third of its kind to set goals for cooperation between the localities. At the meeting in Hanoi on March 28, Trong highly appreciated the cooperation and expected Yunnan and Vietnamese border localities to be role models in implementing the consensus … [Read more...] about Vietnam, China enhance border ties
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Vietnam, China enhance defense cooperation
At the meeting, the Vietnamese general congratulated China on successfully organizing the National People’s Congress and the Chinese People's Political Consultative Conference, during which the new defense minister was voted and named. Through the Chinese defense attaché, General Chien conveyed Vietnamese Defense Minister General Phan Van Giang’s congratulations to his Chinese counterpart Li Shangfu. The host underlined that the Vietnamese Party, Government and MND always attach importance to the comprehensive strategic cooperative partnership between the two countries. He emphasized that the comprehensive cooperation between the two parties and nations is the premise for expanding the bilateral defense ties in an intensive, effective and practical manner in many fields, in line with the spirit of the Vietnam - China joint statement on continuing to strengthen and deepen the Vietnam - China comprehensive strategic cooperative partnership reached after the official China visit by … [Read more...] about Vietnam, China enhance defense cooperation
Lao Cai and Yunnan provinces agree to strengthen bilateral ties
In 2022, two-way trade between Yunnan (China) and the bordering provinces of Vietnam is expected to reach US$3.25 billion. The provincial authorities of Vietnam's Lao Cai and China's Yunnan agreed on March 28 to take necessary measures to lift their comprehensive ties, especially trade. A truck that links Lao Cai and Yunnan Province passes the Kim Thanh II International Border Gate. Photo: The Hanoi Times "The comprehensive partnership between Lao Cai and Yunnan has improved tremendously in recent years, but it has not reached its full potential," said Hoang Quoc Khanh, permanent vice chairman of the Lao Cai Provincial People's Committee. Khanh suggested that Yunnan authorities further relax regulations and facilitate cross-border trade and travel between the two nations to improve bilateral relations. The Lao Cai official said Chinese authorities should restore trade and travel activities to pre-pandemic levels. He also urged the Chinese government to … [Read more...] about Lao Cai and Yunnan provinces agree to strengthen bilateral ties
Vietnam government vows to combat origin fraud
The resolution is a necessary move to ensure sustainable development of Vietnam’s exports and lawful rights of local compliant traders. The Vietnamese government on December 31, 2019 issued Resolution No.119/NQ-CP with an aim to address rampant cases of origin fraud and illegal transshipment, in a move to show its determination to ensure fair trade with major partners. Illustrative photo. The resolution is a necessary move to ensure sustainable development of Vietnam’s exports and lawful rights of local compliant traders, particularly with the enactment of new free trade agreements such as the Comprehensive Progressive Trans – Pacific Partnership (CPTPP) and the EU – Vietnam Free Trade Agreement (EVFTA) in the context of the ongoing US – China trade war, the Ministry of Industry and Trade (MoIT) said in a statement on its portal. Additionally, the resolution is expected to attract foreign investment in hi-tech projects with greater added value, helping local … [Read more...] about Vietnam government vows to combat origin fraud
Vietnam electronic firm Asanzo not committed trade fraud
The fact that Asanzo only assembled products with components made by other companies but then labeled them as “Made-in Vietnam” is not an offense. The lack of specific criteria for “Made-in-Vietnam” products as well as for products assembled and then sold domestically means electronic firm Asanzo has not committed trade fraud, according to the conclusion the Anti-corruption, Economic crimes and Smuggling Department, aka C03, under the Ministry of Public Security. Electronic firm Asanzo is concluded not to commit trade fraud. As a result, the fact that Asanzo only assembled products with components made by other companies but then labeled them as “Made-in Vietnam”, “Manufactured in Vietnam”, or “Origin from Vietnam”, is not an offense, said C03. C03 requested the General Department of Vietnam Customs to check components and parts imported by Asanzo after they had been cleared by the customs authorities to ensure the firm’s compliance with laws on … [Read more...] about Vietnam electronic firm Asanzo not committed trade fraud
Vietnam reaffirms vigilance on East Sea situation
"Vietnamese authorities always closely follow situations on the East Sea and resolutely perform management measures and legal conducts in accordance with international law, especially the United Nations Convention on the Law of the Sea and Vietnamese law," said deputy spokeswoman of the Ministry of Foreign Affairs Pham Thu Hang, according to the ministry’s official website. Vietnam calls the South China Sea the East Sea. Hang’s comment came after reporters last week requested an official reaction to the news of the Chinese ship Haiyang Dizhi 4 Hao operating within Vietnam’s EEZ. The survey vessel was built in 1980 and has a capacity of around 1,000 tons, according to vessel tracking website Marine Traffic. In accordance with UNCLOS, coastal states have full rights of sovereignty over their EEZ and continental shelf for the purposes of exploration and natural resources exploitation. Other UNCLOS member states can only perform marine scientific research within these regions with … [Read more...] about Vietnam reaffirms vigilance on East Sea situation
Durian to make breakthrough for Viet Nam’s fruit exports
A durian farm in the southern province of Ba Ria-Vung Tau's Chau Duc District. — VNA/VNS Photo The export of Vietnamese durian to China through the official channel since September 2022 opened up new prospects for Viet Nam's fruit and vegetable industry. According to statistics from the Ministry of Agriculture and Rural Development (MARD), Viet Nam has over 100,000 ha of durian with an annual output of about 1.3 million tonnes. However, only 3,000 ha (3 per cent) of the total meet standards for export to China. The Mekong Delta province of Tien Giang and the Central Highlands province of Dak Lak have the largest durian areas meeting export standards in the country. According to the Deputy General Director of Dung Thai Son Import-Export Company, Vu Ngoc Huy, China is a large market with a strong durian consumption capacity. The firm can export 500,000 tonnes of fresh durian per year, accounting for over one-third of the total durian output of the country, Huy said. La Tran … [Read more...] about Durian to make breakthrough for Viet Nam’s fruit exports
PM hosts leader of Yunnan provincial Party Committee
Prime Minister Pham Minh Chinh (R) and Secretary of the Yunnan provincial Party Committee Wang Ning. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh underlined the importance of the Vietnam-China comprehensive strategic cooperative partnership in Vietnam’s external policy during a reception in Hanoi on March 28 for Wang Ning, Secretary of the Yunnan provincial Party Committee and Chairman of the Standing Committee of the provincial People's Congress. The talk between PM Chinh and his guest focused on measures to tap the potential and strengths of both sides and further promote bilateral cooperation, especially between Vietnamese localities and Yunnan province in the near future. At the reception (Photo: VNA) The Vietnamese government leader urged tightening coordination in border protection and management in accordance with the three legal documents on the Vietnam-China land border and related agreements, so as to jointly build a borderline of peace, … [Read more...] about PM hosts leader of Yunnan provincial Party Committee
Foreign Minister holds online talks with Chinese counterpart
Minister of Foreign Affairs Bui Thanh Son holds online talks with Chinese State Councilor and Foreign Minister Qin Gang on March 28. (Photo: VNA) Hanoi (VNA) – Minister of Foreign Affairs Bui Thanh Son held online talks with Chinese State Councilor and Foreign Minister Qin Gang on March 28, during which they agreed to intensify all-level exchanges. Both foreign ministers spoke highly of the fruitful development of the relations between the two Parties and countries over the past time, especially after the official visit to China by Party General Secretary Nguyen Phu Trong from October 30 to November 1, 2022. They shared the view that the success of Trong’s visit has given a boost to the traditional friendship between the two Parties as well as the bilateral comprehensive strategic cooperative partnership . Son congratulated the Chinese side on the success of the first session of the 14th National People's Congress (NPC) and affirmed that Vietnam treasures the … [Read more...] about Foreign Minister holds online talks with Chinese counterpart
US widens plywood trade remedy inquiry
Illustrated images. Photo: Le Toan The United States Department of Commerce (DOC) has now issued the sixth extension of the deadline to deliver final findings on the examination of evasion of anti-dumping and countervailing duties on plywood made from hardwood resources imported from Vietnam, according to the Trade Remedies Authority of Vietnam yesterday. The DOC launched a trade remedy into Vietnam's hardwood plywood goods on June 17, 2020, based on claims from the local manufacturing sector, to ensure the effectiveness of trade remedy implemented measures against China's hardwood plywood. On July 25, 2022, DOC published the preliminary results of its inquiry into the avoidance of trade remedies by Vietnamese importers of hardwood plywood. The preliminary finding of the DOC was that Vietnamese plywood with a core composed of peeled Chinese wood would be subject to the same anti-dumping and anti-subsidy taxes as Chinese plywood. Vietnam-origin plywood … [Read more...] about US widens plywood trade remedy inquiry