The asia pacific economic cooperation

National Assembly Chairman Vương Đình Huệ and his Hungarian counterpart László Kövér sign a new cooperation agreement between the two parliaments in Budapest on Monday. — VNA/VNS Photos Doãn Tấn BUDAPEST — A new cooperation agreement between Việt Nam and Hungary’s national assemblies was assigned by National Assembly (NA) Chairman Vương Đình Huệ and his Hungarian counterpart László Kövér in Budapest on Monday. The document was signed after the two officials spoke at the Hungarian Parliament building, which was part of Huệ’s official visit to the country. The agreement was based on the comprehensive partnership between the two countries, and the cooperation agreement signed between the two national assemblies in 2008. It aims to strengthen the partnership and multifaceted cooperation between Việt Nam and Hungary based on the principles of equality, mutual benefit, mutual respect, compliance with each country's laws, and adherence to international treaties. With the new … [Read more...] about VN, Hungary’s parliaments sign new cooperation agreement

On June 17 Andros Asia hosted a partnership conference in Tien Giang Province, an event that aimed to promote the development of a sustainable fruit network by the company, local farmers and authorities and fruit suppliers. At the conference, farmers and suppliers were provided with knowledge of Andros Asia's processes from selecting fruits and processing them into premium products that are to be exported to demanding markets such as the U.S., EU and Japan. The partnership conference also marked Andros Asia's fifth anniversary in Vietnam and the grand opening of the Go Cong cold storage. Local farmers in talks with Andros Asia for potential cooperation at the partnership conference in Tien Giang Province. Photo by Andros Asia Experts from Andros Asia also shared with local farmers the development itinerary for raw material regions, including planning agri-engineering, obtaining the Global G.A.P certificate, enhancing fruit output, and collaborating with local … [Read more...] about Partnering with local farmers key strategy of French firm in Vietnam

The Australian top diplomat said the ties between the countries run deep. Australian Foreign Minister Penny Wong today [June 27] met with Vietnamese counterpart Bui Thanh Son in Hanoi as part of her three-day visit to affirm the new Australian government’s commitments to continue the Strategic Partnership with Vietnam. Vietnam's Foreign Minister Bui Thanh Son (R) and Australia's Foreign Minister Penny Wong in Hanoi on June 27. Photos: Baoquocte In the visit which was made one month after she was sworn in as Australian Foreign Minister, Wong affirmed the role of Vietnam in the regional architecture and the two countries in the regional peace and security. In Vietnam, Wong will meet with President Nguyen Xuan Phuc, Prime Minister Pham Minh Chinh, and Chairman of the CPV Central Committee’s Commission for External Relations Le Hoai Trung. Her trip comes ahead of next year’s 50th anniversary of diplomatic relations between Vietnam and Australia. Before the … [Read more...] about Penny Wong arrives in Hanoi, affirming new Australian cabinet relations with Vietnam

The visit will be made at the invitation of Lord Speaker of the House of Lords John McFall and Speaker of the House of Commons Lindsay Hoyle. The parliaments of Vietnam and the U.K. have recorded cooperation strides in the recent past. They have maintained delegation exchanges at all levels, including the visits by Vietnam’s N.A. Chairman Nong Duc Manh in 1994, Nguyen Van An in March 2005 and Nguyen Sinh Hung in December 2011, and the trip by Deputy Speaker of the U.K. House of Commons Eleanor Laing in October 2016. The two sides have also frequently held mutual visits between their parliaments’ committees, and by the British All-Party Parliamentary Group (APPG) for Vietnam and the Vietnam - U.K. Parliamentary Friendship Group. Most recently, an N.A. delegation led by Chairman of the Committee for Science, Technology and the Environment Le Quang Huy attended the Inter-Parliamentary Union (IPU)’s pre-COP26 parliamentary meeting and met with the head of the British parliamentary … [Read more...] about Official visit by N.A. leader to reinforce Vietnam – U.K. parliamentary ties

Marcel Schröder, Economist, Economic Research and Regional Cooperation Department Asian Development Bank At the beginning of the conflict, the crude oil price breached $130 per barrel in March, the highest since 2008. Since then, it retreated to about $100 in April, before rising again to $120 following the European Union’s partial ban on Russian oil in May. Some worry that the oil price could spike to $200 per barrel in the coming months and how such a shock would impact the economic prospects of Asia’s developing countries. While many institutions, including ours, project a significantly higher oil price in 2022 compared with 2021, these predictions do not foresee $200 per barrel because they attach a low probability of a sudden shock to the global oil supply. A sudden shock is unlikely given the EU’s decision to gradually phase out Russian oil imports by the end of 2022, allowing an orderly transition to alternative supplies and keeping prices stable and affordable for … [Read more...] about Additional oil spike impacts cannot be ruled out

Hue said that the Vietnamese N.A. high-ranking delegation's ongoing official visit to Hungary aims to further promote and deepen the comprehensive partnership between the two countries and cooperation between the two parliaments in particular, opening up new prospects in bilateral relations as well as stronger coordination between the two countries at regional and international forums amid complicated global developments. Highlighting the traditional friendship and all-round partnership between the two countries over the past 70 years, the top legislator clarified that Vietnam always treasures and hopes to further bolster multifaceted ties with Hungary – the first comprehensive partner of Vietnam in Central and Eastern Europe. For his part, László reviewed major milestones of the Hungary-Vietnam Friendship Association’s development since it was established in 1989, and highlighted a number of activities that the association has carried out recently and its plans to promote the … [Read more...] about N.A. Chairman receives Hungary-Vietnam Friendship Association’s leaders

Hanoi, (VNA) - The following is a list of selected news summaries last weekend by Vietnam News Agency. -National Assembly Chairman Vuong Dinh Hue and a high-level delegation of the Vietnamese legislature arrived at Liszt Ferenc airport in Budapest, the capital of Hungary, in the afternoon June 25 (local time), beginning an official visit at the invitation of the Speaker of the National Assembly of Hungary, László Kövér. Read full story The NA Chairman then visited Albertirsa city, where he was welcomed by Deputy Speaker of the Hungarian parliament István Jakab and city officials. At Hue’s meeting with the deputy speaker of the Hungarian parliament, the two parliament leaders agreed that the two sides should focus on cooperation in agriculture, especially when Hungary has strengths in supply chains from cultivation, processing to marketing and distribution. Read full story -National Assembly Chairman Vuong Dinh Hue will lead a high-ranking delegation of the National … [Read more...] about ☀️ Morning digest on June 27

Vietnam has banned swimming and scuba diving at a popular central tourist spot in an attempt to revive its damaged coral reef, officials said Monday. The Southeast Asian nation boasts more than 3,200 kilometres of coastline with crystal clear waters, vibrant sea life and sandy beaches that are a huge tourism draw. Coral reefs across Southeast Asia have been badly hit by global warming, with scientists warning their degradation could have devasting environmental and economic knock-on effects. Recent photos taken off Hon Mun island -- about 14 kilometres from the city of Nha Trang and popular with divers thanks to its diverse ecosystem -- showed the reef bleached and damaged. "The Nha Trang bay management authority decided to halt swimming and scuba diving activities in areas around Hon Mun island," officials said. In a statement they said the ban was to "evaluate the condition of sensitive area so that an appropriate plan to enact the sea conservation area" could be made. … [Read more...] about Vietnam halts scuba diving off popular island to protect coral

During the talks, participants evaluated that the effective coordination among parties has contributed to well maintaining political security and public order, firmly protecting national sovereignty in each country and consolidating the special solidarity between Vietnam and Laos. In realizing their inked memorandum of understanding, the Ha Tinh provincial Border Guard Command and the Borikhamxay and Khammuane provincial Public Security Departments have regularly exchanged information and situational developments and promoted information dissemination to mobilize people along the shared borderline to strictly observe the Protocol on the borderline and border markers and the Agreement on the regulations managing the land border and border gate system signed by the two governments. In addition, the two sides have well managed the import and export activities through border gates and sub-border gates. Over the past years, Cau Treo International Border Gate in Ha Tinh province and … [Read more...] about Ha Tinh’s border guard holds talks with Laos’ public security units