Strategic partnership agreement template

Vice Foreign Ministry Spokesman Doan Khac Viet Based on agreements reached by both sides, including the 2011 Memorandum of Understanding for Advancing Bilateral Defense Cooperation, the 2015 Joint Vision Statement on Defense Relations and the Plan of Action for Defense Cooperation for 2018 – 2020, the two countries are promoting bilateral defense ties, including in maritime security and improvement of legal enforcement capacity at sea, contributing to maintaining peace, stability, cooperation and development in the region and the world, he said. … [Read more...] about Vietnam – U.S. comprehensive partnership growing: Foreign Ministry

Regarding VPBank, its board of management will request approval from shareholders to lower the foreign ownership limit to 15 per cent from the current 23 per cent, as well as launching a treasury buyback for 5 per cent of shares to realign the ownership structure. Despite the shrinking foreign ownership cap, VPBank boasts immense potential thanks to its stellar performance. The bank posted robust net profit growth of around 62.7 per cent on-year in the first quarter of 2020 amidst the outbreak, thanks to efficient cost control and risk management. … [Read more...] about Upcoming EVFTA to fortify lenders

Hanoi (VNA) – Business and investment opportunities in Vietnam after the COVID-19 pandemic were discussed at a video talk held on May 29 by the Foreign Ministry, the Vietnamese Embassy in the UK and Asia House - a UK centre of expertise on trade, investment and public policy in Asia. The event saw the presence of Deputy Foreign Minister Bui Thanh Son, Asia House Chief Executive Michael Lawrence, and business executives from around 40 UK groups and major enterprises such as HSBC, De La Rue, KPMG, Prudential, and Standard Chartered. The talk is a valuable chance to connect UK businesses and Vietnamese Government agencies, said Son, adding that it helps popularise information about policies and increase cooperation opportunities in the context of the two countries taking drastic measures to control the COVID-19 and recover their economies. He told participants that Vietnam is working on a “dual target” of disease prevention and economic recovery and development, with … [Read more...] about Post-pandemic business, investment opportunities shared with UK firms

Hanoi, (VNA) – Prime Minister Nguyen Xuan Phuc on May 29 discussed on the phone with his Singaporean counterpart Lee Hsien Loong bilateral and regional cooperation in the context of the COVID-19 pandemic. PM Phuc appreciated the efforts and comprehensive measures undertaken by the Singaporean Government to contain the spread of the COVID-19 outbreak and mitigate its socio-economic impacts, noting his belief that Singapore will soon be able to put the epidemic under control. He shared Vietnam’s experience in the transition to a new “normal” when the country promotes economic development while continuing with epidemic prevention and control measures. The Vietnamese Government leader underlined the importance of regional and international cooperation in the current context, and spoke highly of Vietnam and Singapore’s mutual support in medical supplies as well as coordination in repatriating their citizens. He thanked Singapore and PM Lee Hsien Loong … [Read more...] about PM Nguyen Xuan Phuc holds phone talk with Singaporean counterpart

Both PMs underlined the importance of maintaining peace, stability, freedom, and security of navigation and aviation in the East Sea. They agreed on joint efforts to maintain ASEAN’s solidarity and common views and boost negotiations for a Code of Conduct in the East Sea in line with international law and the 1982 UN Convention on the Law of the Sea. — VNS … [Read more...] about Việt Nam, Singapore agree to boost cooperation and trade