Minh called on the UK Government to encourage British businesses to step up their investment and business in Vietnam, closely coordinate with the Vietnamese side to raise the efficiency of the use of capital sourced from the UK Commonwealth Foundation and create favourable conditions for the country to access the fund. He also suggested the UK Government continue coordination with its Vietnamese counterpart in building a long-term development pathway for the Vietnam-UK Institute for Research and Executive Education and make it easier for the entry and residence of Vietnamese students in the country. For his part, Mark Field highly valued achievements Vietnam has recorded in socio-economic development as well as in international integration in general and trade liberalisation in particular. He affirmed that the UK Government will prioritise deepening the strategic partnership across fields in the time ahead. Earlier the same day, Mark Field and Vietnamese … [Read more...] about Vietnam, UK forge strategic partnership
Strategic partnerships
THE STRATEGIC PARTNERSHIP SIGNING CEREMONY BETWEEN TTC, GEC, IFC AND ARMSTRONG
THE STRATEGIC PARTNERSHIP SIGNING CEREMONY BETWEEN TTC, GEC, IFC AND ARMSTRONG HCMC, Vietnam - The strategic partnership signing ceremony between Thanh Thanh Cong Investment Joint Stock Company (TTC) – the holding company of TTC Group, Gia Lai Electricity Joint Stock Company (GEC) and the International Financial Corporation (IFC) - and Armstrong S.E. Clean Energy Fund (Armstrong) took place on June 30, 2016. This aims to promote renewable energy development in Vietnam by cooperation between foreigners and the local hydropower developer. IFC, a member of the World Bank Group, is supporting Vietnam’s renewable energy sector by investing in GEC, together with Armstrong – a dedicated renewable energy private equity fund based in Singapore. IFC and Armstrong’s maiden investments in Vietnam’s energy sector will include a 16 and 20 percent equity stake in GEC, respectively. As shareholders, they will help the company expand its hydropower portfolio and … [Read more...] about THE STRATEGIC PARTNERSHIP SIGNING CEREMONY BETWEEN TTC, GEC, IFC AND ARMSTRONG
China proposes formulation of strategic partnership vision with ASEAN Most Recent News
NDO/ VNA – China has proposed the formulation of a vision for strategic partnership between China and the Association of Southeast Asian Nations (ASEAN) toward 2030 to upgrade cooperation. Chinese Premier Li Keqiang made the proposal at the 20th ASEAN-China Summit in Manila, the Philippines, on November 13, within the framework of the 31st ASEAN Summit and related summits. China and ASEAN will cooperate in various fields focusing on three pillars, namely politics-security, economy and trade, and people-to-people exchanges. Li also proposed the alignment of the Belt and Road Initiative with the Master Plan on ASEAN Connectivity 2025 to deepen China-ASEAN cooperation in such areas as trade, finance, infrastructure, rules and regulations, and personnel. He called on China and ASEAN to conduct closer high-level exchanges, strengthen policy dialogue, and deepen political security cooperation to advance mutual understanding and trust. He urged all ASEAN nations to ratify the upgraded … [Read more...] about China proposes formulation of strategic partnership vision with ASEAN Most Recent News
Developing and deepening Vietnam-Japan strategic partnership Most Recent News
NDO- General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong left Hanoi on September 15 for an official visit to Japan at the invitation of Japanese Prime Minister Shinzo Abe. Along with visits to China and the United States (April and July 2015), the visit to Japan by General Secretary Nguyen Phu Trong is one of the most important diplomatic activities of the year, in line with a foreign policy of independence, self-reliance, multilateralisation, diversification and deepening relationships with major partners. The visit is an event of political significance, aiming to deepen the strategic partnership between Vietnam and Japan, for peace and prosperity in Asia. The visit to Japan of General Secretary Nguyen Phu Trong takes place as the world and the region experience many new developments. Large countries are joining together to strengthen their roles, increase influence and promote co-operation. In particular, Japan is pooling its efforts to raise its political … [Read more...] about Developing and deepening Vietnam-Japan strategic partnership Most Recent News
PM: Vietnam-Japan strategic partnership grows stronger
PM: Vietnam-Japan strategic partnership grows stronger Tu Hoang HANOI – The “Extensive Strategic Partnership for Peace and Prosperity in Asia” between Vietnam and Japan has expanded in multiple fields, Prime Minister Nguyen Xuan Phuc said at a dialogue in Nagoya in the Northeast Asian country on May 26. Speaking at the Vietnam-Japan high-level economic policy dialogue themed “Vietnam’s integration and development,” Phuc said Japan is Vietnam’s largest single official development assistance (ODA) provider. The country is Vietnam’s second largest investor with more than 3,000 projects capitalized at over US$39 billion and the fourth largest trade partner. Phuc told Japanese and Vietnamese investors at the event that Vietnam is resolved to build a transparent government to serve people and enterprises. Vietnam will focus on reforming its institutions, improving productivity and competitiveness, and restructuring the economy. In that … [Read more...] about PM: Vietnam-Japan strategic partnership grows stronger