The EVFTA will help Vietnam access state-of-the-art technology from Sweden Over the last three decades, Vietnam has ventured to enact far-going economic reforms. The huge emphasis on attracting foreign direct investment has paid off, and the influx of capital is by all comparisons impressive. Johan Alvin This, together with the fact that the country early on in its economic transformation embraced free trade as a vehicle for economic growth and prosperity, has developed Vietnam into an upcoming manufacturing hub in Southeast Asia. The many free trade agreements (FTAs) have served to connect the Vietnamese economy to a number of economic areas, not least the ASEAN, South Korea, Russia and the 11 countries party to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The latest addition to the long list of FTAs, the EU-Vietnam Free Trade Agreement (EVFTA) along with the connected Investment Protection Agreement (IPA) will create an important vehicle, if … [Read more...] about EVFTA deepens trade partnerships
Strategic partnerships jobs
Partnerships sought to develop e government
The e-government will help Vietnam enhance its economic competitiveness, and make it more convenient for businesses to perform in the country. E-governmental development will become a new co-operation sector between Vietnam and some countries in the time to come. As scheduled, in the first quarter of 2019, the Russian government will assign a group of senior experts to Vietnam to work with the country’s Government Office about specific plans to support Vietnam to successfully develop an e-government. E-government refers to the use of electronic communications devices, computers, and the Internet to provide public services to citizens and other persons. Earlier, during Russian Prime Minister Dmitry Medvedev’s official visit to Vietnam on November 18-19, 2018, the two nations committed to expand their bilateral co-operation from energy, industry, transport, and agriculture to IT, digital technology, and e-government. “As Russia has considerable expertise in science … [Read more...] about Partnerships sought to develop e government
EVFTA helps boost Vietnam – France economic partnership
Scene at the event (Photo: VNA) Paris (VNA) – A seminar on boosting Vietnam – France economic ties via the EU – Vietnam Free Trade Agreement (EVFTA) took place in Paris on December 20, attracting about 100 participants. Sponsored by the France – Vietnam Friendship Association, the Association of Vietnamese in France and the Foyer Vietnam organisation, the event gathered historians, politicians, and legal and economic experts as speakers. Senator Catherine Deroche, President of the France-Vietnam Friendship Parliamentarians’ Group, said the EVFTA, which is expected to be ratified by the European Parliament and take effect in mid-2019, will create opportunities for Vietnam and France to develop their potential sectors and send out a message on France’s readiness for cooperation with Southeast Asia. She noted that her group at the French Senate will lobby for the speedy ratification of the FTA. Laurence Daziano, an economist and lecturer at the … [Read more...] about EVFTA helps boost Vietnam – France economic partnership
Vietnamese President presents Asia-Pacific trade pact to parliament for ratification
Trong said the trade pact shows Vietnam is strongly committed to comprehensive innovation and global integration. It also confirms Vietnam’s important geopolitical role and position in Southeast Asia as well as the Asia-Pacific region, he said. With the ongoing rapid and unpredictable political and security changes in the world and in the region, joining the pact will lift up Vietnam’s position, he said. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a major trade pact between Vietnam and 10 other countries that seeks to boost trade by reducing tariffs. The pact will enhance Vietnam’s internal resources to implement its foreign policy of independence, self-reliance, multilateralism and diversification, while consolidating and strengthening national defense and security, Trong said. When implemented, the pact will strengthen ties between Vietnam and other CPTPP member nations, particularly those with whom it has strategic … [Read more...] about Vietnamese President presents Asia-Pacific trade pact to parliament for ratification
World welcomes newly elected State President
World welcomes newly-elected State President With 99.79 per cent of the 477 National Assembly (NA) deputies voting in his favour, Party General Secretary Nguyen Phu Trong has become the second Vietnamese person to become both Party general secretary and the state president of Vietnam after late President Ho Chi Minh, who simultaneously held the positions of president of the Party and state president from 1951 to 1969. After the ballot, State President Trong took the oath of office, stating, “Under the sacred national flag, and before the NA, constituents, and all people nationwide, I, State President Nguyen Phu Trong, vow to be absolutely faithful to the country, its people, and the Constitution of the Socialist Republic of Vietnam. I will do my utmost to fulfil all tasks assigned by the Party, the state, and the people.” He then also said, “This is an extremely great honour and a heavy responsibility. I will do everything in my power to do what I promised.” … [Read more...] about World welcomes newly elected State President