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Deputy Defense Minister Senior Lieutenant General Hoang Xuan Chien, who is also Head of the MND’s Steering Committee on Vietnam’s Participation in U.N. Peacekeeping Operations, chaired the event. According to the decision, Major Nguyen Van Phong, assistant at the Division of Political Affairs of Brigade 229 under the Engineering Corps, will work as a military observer at the U.N. Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA). Assigning tasks to the officer, Sr. Lt. Gen. Hoang Xuan Chien asked him to promote the spirit of pro-activeness, self-reliance, overcoming difficulties, being flexible and creative; promptly integrate into the international environment and demonstrate his capability while observing military discipline, U.N. regulations and the host country’s laws, and others. According to Major General Hoang Kim Phung, Director of the Vietnam Department of Peacekeeping Operations (VNDPKO), Major Phong participated in various … [Read more...] about One more Vietnamese officer taking on peacekeeping duties

Vietnamese Ambassador to Belgium Nguyen Van Thao, who is also head of Vietnam's Delegation to the E.U., made the statement at a workshop to review the relations between ASEAN and E.U. over the last four decades in Brussels on March 21. Speaking on behalf of ASEAN at the discussion on trade cooperation, Thao highlighted the great potential for the two sides to further step up trade cooperation, which he said is a driver of the ASEAN - E.U. relations. According to the diplomat, the two sides are now the third largest trade partners of each other. They have mutual complementarity in key export products, and at the same time have the needs and policies to diversify supply chains. The E.U. is also the second biggest foreign investor in ASEAN with more than 380 billion EUR invested in ASEAN as of 2021. He proposed that the two sides should set up a free trade agreement (FTA) on the basis of bilateral FTAs that the E.U. has signed with ASEAN member nations, including Vietnam. The … [Read more...] about Vietnam calls for stronger ASEAN – E.U. relations

"Vietnam regrets to see that the annual human rights report of the U.S. State Department for 2022 has made comments that lack objectivity, and are based on inaccurate information, about Vietnam’s situation," said deputy spokeswoman of the Ministry of Foreign Affairs Pham Thu Hang in response to the document. The 2022 Country Reports on Human Rights Practices, released by the U.S. State Department on Monday, mentioned Vietnam. Hang said Vietnam’s consistent stance is to protect and bolster human rights. "Fundamental human rights are recognized in Vietnam’s Constitution, and they are protected and promoted by both legal documents and actual practices," she said. Hang added that humans are the central driver of the country’s innovation and development, which only strives to better people’s lives. "Vietnam is always willing to exchange ideas directly and openly, in the spirit of cooperation, with the U.S. on issues [where the two countries] have differences, in order to promote … [Read more...] about ​Vietnam calls US human rights report subjective

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two U.S. banks. Fed Chair Jerome Powell sought to reassure investors about the soundness of the banking system, saying that the management of Silicon Valley Bank "failed badly," but that the bank's collapse did not indicate wider weaknesses in the banking system. "These are not weaknesses that are running broadly through the banking system," he said, adding that the takeover of Credit Suisse seemed to have been a positive outcome. The Federal Open Market Committee policy statement also said the U.S. banking system is "sound and resilient." Even so, Wall Street ended sharply lower after Powell told a news conference that officials were still intent on fighting inflation while also eying the extent to which recent bank failures had cooled demand and slowed lending. The … [Read more...] about U.S. Fed delivers small rate hike amid global banking turmoil