Trade and investment relations

AVBC President Kiem Dinh speaks at the a conference in Sydney on June 23. (Photo: VNA) Sydney (VNA) – The Australia-Vietnam Business Council (AVBC) held a conference in Sydney on June 23 to promote trade and investment partnerships through the strengthening of the Australia-Vietnam Enhanced Economic Engagement Strategy that was reached between the two countries in late 2021. Addressing the event, which drew nearly 100 businesses from a variety of sectors, AVBC President Kiem Dinh said that the conference marked a commitment from Vietnam and Australia to promote their partnership in many areas, heading to sustainable and inclusive economic growth in both countries. He said that in 2022, the AVBC and its members are focusing on implementing activities as part of the strategy. For his part, Vietnamese Consul General in Sydney covering New South Wales, Queensland and South Australia Nguyen Dang Thang affirmed that Vietnam-Australia relations are growing based on the … [Read more...] about Vietnam, Australia promote trade, investment partnership

Talking to participating Swiss enterprises, Ambassador Phung The Long highlighted milestones in the two countries’ relations in all areas, saying last year marked the 50th anniversary of their diplomatic ties and the 30th year of development cooperation. He also highly spoke of the progress seen in the bilateral trade and investment relations, with Switzerland now being Vietnam’s sixth largest investor from Europe and the 20th globally. The diplomat updated the Swiss firms on major policies of the Vietnamese Government to accelerate international economic integration and prioritize investment in the fields of high tech, information technology, supporting industries, smart agriculture, environment protection and renewable energy. He called on Swiss companies to continue investing in Vietnam and pledged that the Vietnamese Embassy will support them to organize market research trips to Vietnam and resolve challenges when doing business in the country. Vietnam is currently … [Read more...] about Vietnam promotes trade, investment in two Swiss economic hubs

The Paris seminar aims to promote trade and investment between Vietnam and France. (Photo: VNA Paris (VNA) – France has major advantages in various areas which are also those prioritized by Vietnam in its FDI attraction policy, said Vietnamese Ambassador to France Dinh Toan Thang at a seminar in Paris on June 23. Co-presided over by Ambassador Thang and President of the French Chamber of Commerce and Industry in Vietnam (CCIFV) Thibaut Giroux, the event aimed to promote trade and investment between Vietnam and France. It also saw the presence of French Consul General in Ho Chi Minh City Emmanuel Pavillon Grosser and representatives from nearly 80 companies and investors from both sides. In his remarks, Thang highlighted Vietnam as one of the fastest-growing and most dynamic economies in ASEAN, saying the Government of Vietnam has been persistently improving legal framework to attract French investors in the fields of mutual interest, particularly hi-tech industries and … [Read more...] about Vietnam, France step up trade, investment cooperation

Foreign Minister Bùi Thanh Sơn co-chairs the Việt Nam-Cambodia Joint Committee on Economy, Agriculture, Science and Technology last December. — VNA/VNS Photo Foreign Minister Bùi Thanh Sơn talks to the press about outstanding achievements in relations between Việt Nam and Cambodia on the 55th anniversary of diplomatic ties (June 24). Can you talk about the history and meaning of the establishment of the diplomatic relations between Việt Nam and Cambodia, on the occasion of the 55th anniversary of the bilateral ties? Việt Nam-Cambodia relations were formed and developed from the common requirements and goals of the cause of struggling for national liberation of the two countries. The solidarity between the two countries during the years of resistance wars against the colonialists and imperialists, initiated by President Hồ Chí Minh and leaders of the Cambodian national liberation movement, created great strength for soldiers and people of the two countries to fulfil the goals … [Read more...] about Foreign Minister praises Việt Nam-Cambodia relations on 55th anniversary of ties

Art performance at the celebration for 55th anniversary of Việt Nam-Cambodia diplomatic relations held in Hà Nội on Friday. — VNA/VNS Photo Văn Điệp HÀ NỘI — A grand celebration was held at Hà Nội Opera House on Friday to mark the 55th anniversary of Việt Nam-Cambodia’s diplomatic relations (June 24, 1967-2022), with the participation of high-level delegations from both countries led by their respective Deputy Prime Ministers. Vietnamese Deputy Prime Minister Lê Minh Khái in his address stressed that geographical proximity and historical, and cultural similarities are the solid foundation for the two countries to cultivate one of the oldest relations in Southeast Asia. He said after the Democratic Republic of Việt Nam and the Kingdom of Cambodia officially set up diplomatic ties 55 years ago, the two had been closely accompanying each other in the fight for national liberation, which eventually came in the spring of 1975. When Cambodia faced the genocidal threat from the Pol … [Read more...] about Việt Nam, Cambodia celebrate close-knit ties on 55th anniversary of diplomatic relations

Deputy Prime Minister Pham Binh Minh (R) receives Chairman of Daewoo E&C Group Jung Won-ju (Photo: VNA) Hanoi (VNA) - The Vietnamese Government is willing to create favourable conditions for foreign enterprises, including those from the Republic of Korea (RoK), to expand investment and business in Vietnam, Deputy Prime Minister Pham Binh Minh told Chairman of Daewoo E&C Group Jung Won-ju. During a reception for Jung on June 22, the Vietnamese leader expressed his belief that the two countries' relations will continue to develop more intensively and substantively in various fields, especially trade and investment. Deputy PM Minh highly valued investment of RoK enterprises in Vietnam, including Daewoo E&C Group. He said that Starlake Tay Ho and Meyhomes Capital Phu Quoc projects invested by the firm have contributed to creating a spacious and modern urban landscape, and improving the value of the Vietnamese people's lives. He expected Daewoo E&C Group to … [Read more...] about Vietnam welcomes RoK firms’ investment expansion: Deputy PM

Viet Nam's consulate-general in Australia Nguyen Dang Thang speaks with participants at the event. — VNA/VNS Photo Nguyen Minh More than a hundred businesses from Viet Nam and Australia gathered for a trade and investment promotion event organised by the Australia Vietnam Business Council (AVBC) in Sydney, Australia. Speaking at the event, AVBC President Kiem Dinh said the Australia-Vietnam Enhanced Economic Engagement Strategy, signed in December last year, reaffirmed the two countries' commitment to strengthening ties and sustainable economic development. Viet Nam's consulate-general in Australia Nguyen Dang Thang said Viet Nam-Australia relations have been built on a foundation of mutual respect and understanding, common interests and similar views on international events. The two countries have been and will stay committed to an open trading system and have ratified a number of regional and international trade agreements including the Comprehensive and Progressive … [Read more...] about VN-Australia to further boost trade and investment ties

Vietnam and Cambodia have entered a stage of comprehensive cooperation and mutual benefit with a five-decade legacy. Senior leaders of Vietnam and Cambodia attended a ceremony in the Hanoi Opera House today [June 24] to celebrate the 55th founding anniversary of the Vietnam-Cambodia diplomatic relations (June 24, 1967-June 24, 2022). Senior officials of both Vietnam and Cambodia at a celebrating ceremony in Hanoi on June 24. Photos: VGP Attending the ceremony are Vo Van Thuong, Politbureau member and standing secretary of the Party Central Committee’s Secretariat, and Men Sam An, Permanent Deputy Prime Minister of Cambodia. Addressing the event, Men Sam An said Vietnam’s assistance has helped bring Cambodia out of a period of mourning and separation. “Vietnam’s support and help have contributed to turning Cambodia from a nation separated by war to a unified country with complete peace and development in all fields,” she noted. A week ahead of the … [Read more...] about 55th anniversary of Vietnam-Cambodia relations observed

The city’s authorities would continue to create favorable conditions for South Korean companies' projects, including those of Daewoo E&C, especially in culture, education, economy, and trade. Hanoi expects to become the destination for more high-quality FDI projects from Daewoo E&C that are in line with the city’s vision for development. Vice-Chairman of the Hanoi People’s Committee Le Hong Son (R) and Daewoo E&C’s President Jung Won Ju. Photo: Cam Anh Vice-Chairman of the Hanoi People’s Committee Le Hong Son stressed the view in a meeting with Daewoo E&C’s President Jung Won Ju today [June 22]. According to Son, the long-standing presence of Daewoo in Vietnam with its high-quality products and services left a good impression on the Vietnamese people. “Daewoo’s operation has contributed to the transformation of the city, raising living standards, and creating jobs for the locals,” Son said. Son added the city’s authorities would continue … [Read more...] about Hanoi expects high-quality investment projects from Daewoo E&C

Addressing the event, Phan Van Mai, Chairman of the municipal People’s Committee, reviewed the arduous struggles for independence, freedom and national reunification of the Vietnamese and Cambodian armies and people. The Vietnamese military and people together with the patriotic Cambodian military and people fought side by side to save Cambodia from the Pol Pot genocidal regime, he said. The official emphasized that political ties between the two countries continue to be tightened through regular visits by their high-ranking leaders, adding that local authorities always attach great importance to and actively contribute to the traditional friendship and comprehensive cooperation between the governments and people of the two nations. Sok Dareth, Consul General of Cambodia in HCM City,  expressed his gratitude to generations of Vietnamese Party and State leaders, former advisors and volunteer soldiers for helping the country escape from the genocidal regime. He affirmed that the … [Read more...] about Vietnam, Cambodia strengthen relations