HA NOI — Mekong Aviation JSC (Air Mekong) and the Viet Nam Import Export Bank (Eximbank) yesterday signed a strategic partnership agreement. Under the agreement, Eximbank would contribute 11 per cent of Air Mekong's charter capital to increase the amount to VND600 billion (US$28.5 million) for development plans in the following years. — VNS … [Read more...] about Air Mekong signs strategic partnership agreement
Strategic partnership agreement
ICP and BankInvest Enter Into Strategic Partnership
On June 27, 2008, in Ho Chi Minh city, the International Consumer Products Corporation (ICP) and BankInvest Private Equity New Markets (BankInvest) announced the strategic partnership agreement. Under the agreement, BankInvest will become a strategic shareholder of ICP with total investment of US$ 9.6 million dollars. Aside from the aforementioned capital, BankInvest will utilize its expertise in corporate governance and management experience from investment managers to support the company in strategic planning which is particularly important at the present stage of growth in ICP. Capital provided by BankInvest will be primarily used growing its businesses, building advanced and modern system, and attracting high-level human resource. ICP is one of the privately-owned companies of strong organizational capabilities demonstrated via its sustainable growth, its corporate governance promoting transparency, and its management team from multinational corporations of extensive experience … [Read more...] about ICP and BankInvest Enter Into Strategic Partnership
Vietnam, Italy realize strategic partnership
Deputy PM Hoang Trung Hai on September 23 (local time) held talks with his Italian counterpart Angelino Alfano, seeking to realize the two countries' strategic partnership agreement. Deputy PM Hai was pleased at the signing of an action plan to realize the Joint Declaration on Viet Nam-Italy Strategic Partnership in the 2013-2014 period. Accordingly, he proposed the two sides continue to exchange delegations at all levels to cement and deepen mutual understanding and practically and efficiently develop ties in all fields. In economic ties, the two sides acknowledged the necessity to push for and tap respective potentials. Deputy PM Hai appreciated Italy for including Viet Nam in the list of ten new emerging markets for investment and trade development priorities. He also suggested the two countries encourage businesses especially SMEs and local corporations to strengthen contacts, experience sharing and partner connectivity in the areas of manufacturing, garments and textiles, … [Read more...] about Vietnam, Italy realize strategic partnership
Vietnam, Thailand to establish strategic partnership
Vietnam and Thailand have agreed to elevate bilateral relations to the level of strategic partnership. The agreement was confirmed in talks held in Bangkok on June 25 between visiting General Secretary of the Communist Party of Vietnam, Nguyen Phu Trong and Thai Prime Minister Yingluck Shinawatra. Trong and Shinawatra said that the partnership will mainly focus on regional and international cooperation on political and socio-cultural issues, economic relations, as well as issues relating to national defense and security, the Vietnam News Agency reported the same day. The two leaders pledged to boost two-way trade to US$15 billion in 2020 from over $8.6 billion last year. They also agreed to assign relevant agencies to cooperate in establishing a plan and roadmap for the prime ministers of both countries to sign a strategic partnership agreement at a joint cabinet meeting scheduled to take place in October in Thailand. Trong also held talks with Thai officials including … [Read more...] about Vietnam, Thailand to establish strategic partnership
AirAsia, VietJet Air sign strategic partnership
By Mong Binh - The Saigon Times Daily HCMC - Asia's largest low-cost carrier AirAsia struck a strategic partnership agreement with VietJet Air in Hanoi on Thursday to help make the local airline's plan to operate services into a reality later this year. The signing ceremony was also witnessed by Malaysian Prime Minister YAB Dato' Sri Mohd. Najib Tun Hj. Abdul Razak and Vietnamese Deputy Prime Minister Truong Vinh Trong. "Their presence today is a clear indication that we have the support of both governments in our efforts to further grow tourism in the ASEAN region. Their support is instrumental in our ability to offer low fares to the Vietnamese people and the international tourists who flock to Vietnam," Fernandes said. At the signing ceremony, VietJet Air and AirAsia also announced that they had entered into an engineering support services agreement as part of their strategic partnership. "With this services agreement, VietJet Air can enjoy technical expertise, experience in … [Read more...] about AirAsia, VietJet Air sign strategic partnership