Strategic partnerships definition

Visiting Australia's Minister for Foreign Affairs Penny Wong has affirmed that her nation will continue promoting its strategic partnership with Vietnam and always attaches importance to the Southeast Asian country's role in the region. She was speaking at her talks with her Vietnamese counterpart Bui Thanh Son in Hanoi on Monday as part of her three-day official visit to Vietnam from June 26 to 28 at Son’s invitation. Wong told her host that Australia highly values Vietnam’s role and position in the Association of Southeast Asian Nations (ASEAN), the region and the world, and that the new Australian government in which she is a member will continue strengthening the strategic partnership with Vietnam to boost the bilateral ties to a new height. The diplomat also stated that her country highly values cooperation with ASEAN, appreciates its central role, and will continue to promote cooperation with the bloc for the sustainable development of the Mekong sub-region. … [Read more...] about Australia pledges to beef up strategic partnership with Vietnam

IHG Hotels & Resorts (IHG) – one of the world’s leading hotel companies – and Sun Hospitality Group (SHG) – a member of Sun Group – will expand their decade-long partnership to develop four hotels in Vietnam, offering 2,709 rooms to accommodate increasing demand from domestic and international visitors. The expansion of Ba Na Hills – Vietnam's highland entertainment complex – will feature three IHG brands: Crowne Plaza, Holiday Inn Resort, and voco. In addition, the Holiday Inn Resort brand will make its debut in Quang Ninh Province, at Yoko Park, a large-scale hot-spring resort. Representatives of Sun Hospitality Group and Intercontinental Hotels & Resorts sign a strategic partnership agreement. Photo by SHG The firms have also signed a Memorandum of Understanding (MoU) to explore further projects, beginning with the development of Vignette Collection onsen-wellness resorts and products in Vietnam, in collaboration with world-renowned spa and wellness … [Read more...] about Sun Hospitality Group, IHG Hotels & Resorts sign strategic partnership agreement

Vietnam is a centerpiece of South Korea’s New Southern Policy (NSP). Vietnam and South Korea consider upgrading the relations to Comprehensive Strategic Partnership after three decades of diplomatic ties which have gained fruitful multisectoral achievements. Vietnamese Deputy Prime Minister Pham Binh Minh speaks at the event held in Seoul on June 23. Photos: VNA Vietnamese Deputy Prime Minister Pham Binh Minh gave remarks on the occasion of the 30 th founding anniversary of Vietnam-South Korea diplomatic relations (1992-2022). The two countries have become leading partner with each other, mostly in trade and investment, with South Korea being the biggest investor in Vietnam with large-scale investment projects, contributing to creating global supply chains in Vietnam, Minh said in a recorded video at the 30th Global Maekyung Forum held in Seoul on June 23. To enhance the ties, Minh suggested focusing on science-technology and innovation; digital and … [Read more...] about Vietnam, South Korea eye Comprehensive Strategic Partnership

In an interview with Belarus’ largest news agency BelTA on June 22, the diplomat highlighted the 30-year history of the two countries’ diplomatic relations, saying he expects the Belarusian prime minister will be able to pay an official visit to Vietnam. This will mark the start of a new chapter in the bilateral relations, he told BelTA. More than three decades since the two nations established diplomatic ties, Vietnam has achieved impressive successes in socio-economic development, Borovikov said. The Vietnam-Belarus ties are now driven by positive factors, he said, adding that the two-way trade has exceeded 200 million USD. Haul trucks BELAZ, trucks MAZ and tractors imported from Belarus have been popular in Vietnam for decades, while Belarusians have been familiar with Vietnam’s key products such as silk, seafood, tea and coffee, he continued. He further noted that Vietnamese electronic circuits and devices have expanded availability in Belarus, and Vietnamese fruits have … [Read more...] about Belarus wishes to build strategic partnership with Vietnam: Ambassador

Reciprocating her sentiment, her Vietnamese counterpart Bui Thanh Son welcomed Wong’s choice of Vietnam as her first Southeast Asian destination since taking office last month. He said her visit would strengthen and boost bilateral relations. Wong will conclude her official visit to Vietnam on Tuesday, the Ministry of Foreign Affairs said in a statement. She said Australia has always valued Vietnam's role in the region and that the new government was committed to further strengthening the strategic partnership with Vietnam. The two ministers agreed that it was important the two countries strengthen cooperation in sectors and industries hit hard by the pandemic like tourism, education, and labor cooperation, as well as traditional areas like trade, investment, defense and security. They also agreed that the two countries would expand collaboration in climate change, green growth, and sustainability. Son wanted Australia to continue contributing to regional cooperation with … [Read more...] about Australia values Vietnam’s partnership, regional role: FM

Addressing the event, Assistant Foreign Minister and Head of SOM Canada Paul Thoppil affirmed that his country always attaches great importance to 45-year-ties with ASEAN, and underlined that ASEAN and the Southeast Asian region play a core role in the Indo-Pacific Strategy that Canada is going to announce. He said Canada hoped to engage deeper into regional cooperation through ASEAN-led mechanisms. In order to celebrate the 45-year partnership between the two sides (1977-2022), Thoppil proposed organizing an ASEAN-Canada Commemorative Summit in late 2022 in Cambodia and lift up their ties to a strategic partnership. The ASEAN member countries lauded Canada’s cooperation and support to the association over the years, including a commitment of contributing 3.5 million CAD (2.7 million USD) in five years to the ASEAN Fund for COVID-19 Response, 2 million CAD (1.54 million USD) to the ASEAN Coordinating Center for Humanitarian Assistance on disaster management, and 8.5 million CAD … [Read more...] about ASEAN, Canada seek ways to foster partnership

Shinhan Finance will provide Shinhan Life's life insurance products through its distribution channels as part of an agreement signed on June 28. — Photo courtesy of the company Shinhan Life Insurance Vietnam Limited Liability Company (“Shinhan Life Vietnam”) and Shinhan Vietnam Finance Company Ltd. (“Shinhan Finance”) officially signed a strategic partnership agreement on June 28. Under the framework of the agreement, Shinhan Finance will provide Shinhan Life's life insurance products on Shinhan Finance's distribution channels. “Besides an increasingly diversified life insurance product portfolio, Shinhan Life continues to focus on developing distribution channels, especially business cooperation with Shinhan Group companies," said Lee Eui Chul, General Director of Shinhan Life Vietnam. "In recent years, Vietnamese customers have become more aware of the importance of life insurance, and we will proactively seize these opportunities to provide suitable financial plans for … [Read more...] about Shinhan Life Vietnam, Shinhan Vietnam Finance Company sign partnership

National Assembly (NA) Chairman Vuong Dinh Hue arrives at Heathrow Airport in London on June 28, beginning his three-day official visit to the UK. (Photo: VNA) London (VNA) - National Assembly (NA) Chairman Vuong Dinh Hue arrived at Heathrow Airport in London on June 28 (local time), beginning his three-day official visit to the UK at the invitations of Speaker of the UK House of Lords John McFall and Speaker of the House of Commons of the UK Lindsay Hoyle. The visit aims to maintain and deepen the cooperative relations between the two countries and affirm the importance Vietnam attaches to the Vietnam - UK Strategic Partnership. Through meetings and working sessions with the UK’s authorities, businesses and the Vietnamese community in the UK, Vietnam expects to attract more resources serving its post-pandemic socio-economic development. The visit aims to maintain and deepen the cooperative relations between the two countries. (Photo: VNA) During his visit, NA … [Read more...] about NA Chairman begins official visit to UK

A mass yoga performance at the Da Nang programme (Photo: VNA) Da Nang (VNA) – The 8th International Day of Yoga (June 21) was celebrated with activities held in central Da Nang city and Binh Thuan province on June 11 and 12. The two-day programme in Da Nang was held in coordination with the Indian Embassy at Bien Dong (East Sea) Park. Nguyen Ngoc Binh, Chairman of the city’s Union of Friendship Organisations and head of the organising committee, said the event was also meant to mark the 50th anniversary of the Vietnam - India diplomatic ties and 15 years since the establishment of their strategic partnership. Highlighting the strides in the two countries’ relations, he said the Da Nang Union of Friendship Organisations and the Vietnam - India Friendship Association in the city have worked with the India n Embassy to organise a wide range of practical activities with thousands of participants over the past years such as the annual yoga festival, the Indian film … [Read more...] about Int’l Day of Yoga marked with Da Nang, Binh Thuan events

Prime Minister Phạm Minh Chính on June 27 receives Australian Minister for Foreign Affairs Penny Wong, who has been on a three-day official visit to Việt Nam. VNA/VNS Photo Dương Giang HÀ NỘI – Prime Minister Phạm Minh Chính and President Nguyễn Xuân Phúc on Monday received Australian Minister for Foreign Affairs Penny Wong, who has been on a three-day official visit to Việt Nam. Praising Australia’s successes in the federal election, COVID-19 vaccination and economic recovery, PM Chính thanked the nation for its provision of COVID-19 vaccines, medical equipment and supplies for Việt Nam during the fight against the pandemic, particularly 14.4 million doses of vaccine for Vietnamese children. The PM also lauded the strong growth of the Việt Nam-Australia strategic partnership. The exchange of high-level delegations and meetings have been held regularly between the countries; bilateral trade hit US$12.4 billion in 2021;  Việt Nam began investing directly in Australia; and the two … [Read more...] about Leaders receive Australian Minister of Foreign Affairs