In a press interview during the on-going visit to Vietnam by the U.S. Secretary of State John Kerry from Jan. 12 to 14, Vietnamese Deputy Foreign Minister Ha Kim Ngoc emphasized that economy, trade and investment remain central, driving the bilateral relations. Regarding the bilateral relationship in the time to come, the Vietnamese diplomat said, “We need to exert more efforts to create a favorable environment for U.S. investors and to boost two-way trade”, as there remain great potential for comprehensive cooperation. Priority should be given to joint efforts to overcome the aftermath of the war. Vietnamese Deputy Foreign Minister Ha Kim Ngoc According to the Deputy Foreign Minister, Vietnam and the U.S. have already built an intensive and firm cooperation foundation, practical cooperation mechanisms on the spheres of bilateral, regional and international relations. He believed that with high determination of the two sides, the Vietnam-U.S. relationship will … [Read more...] about Economic, trade and investment cooperation remains central to Vietnam-U.S. relations
Trade and investment ties
A Vietnamese factory processing tra fish for exports (Illustrative image. Source: VNA) Hanoi (VNS/VNA) - Vietnamese and Chinese enterprises are encouraged to tap into the great bilateral trade potential driven by the two countries’ open trade policies, experts have said. Vietnam values and gives priority to strengthening economic and trade cooperation with China, and hopes to receive greater investment from China and the overseas Chinese community, said Nguyen Noi, Deputy Director of the Foreign Investment Agency under the Ministry of Planning and Investment. “I’m pleased to see that many leading Chinese corporations are expanding their investments in the fields of electronics, renewable energy and IT, applying modern technology and bringing more value in line with Vietnam’s foreign investment orientation,” Noi told a conference on Vietnam-China trade and investment last week. China continued to be Vietnam’s … [Read more...] about Vietnam, China have room to grow trade ties: experts
Hanoi (VNA) – A ceremony was held in Hanoi on November 18 to mark the 65th founding anniversary of the diplomatic relationship between Vietnam and Mongolia. Addressing the event, Chairman of the Vietnam-Mongolia Friendship Association Ho Xuan Hung said the two countries officially set up diplomatic ties on November 17, 1954, heralding a new period in the bilateral friendship and cooperation. With the common wish to help maintain peace and nurture amity and collaboration among nations, the Vietnamese and Mongolian peoples have made tireless efforts to intensify relations in all spheres with mutual understanding and trust, he noted. Hung congratulated Mongolia on its achievements, voicing his belief that on the basis of the time-tested friendship, their leaders’ attention and each country’s strengths, the Vietnam-Mongolia friendship and cooperation will keep flourishing, thus meeting the two peoples’ aspirations. Expressing his delight at the growing bilateral … [Read more...] about Ceremony marks 65 years of Vietnam-Mongolia diplomatic ties
The US-China over artificial intelligence is heating up, but some warn the US could be over-reacting. "China is betting on AI and investing in AI and deploying AI on a scale no other country is doing," says Abishur Prakash, a futurist and author of books about the effect of artificial intelligence (AI) on geopolitics. As developments in AI accelerate, some in the US fear that the ability of China's powerful central government to marshal data and pour resources into the field will push it ahead. The country has announced billions in funding for start-ups, launched programmes to woo researchers from overseas and streamlined its data policies. It has announced news-reading robots and AI-powered strategy for foreign relations. Perhaps most alarming to the US are its efforts to incorporate it into its military. In the last few years, Washington has toughened oversight of Chinese investments, banned US firms from doing business with certain Chinese companies and increased criminal … [Read more...] about Is China gaining an edge in artificial intelligence?
Japan’s Watabe Wedding Corporate recently signed an agreement with Empire Group Vietnam to organise wedding ceremonies for 1,000 Japanese couples in the latter’s Cocobay Complex in Da Nang in the next three years. The figure is expected to increase to 16,000 in the next 10 years. This year, Watabe has already organised 120 weddings at Empire Group’s properties. A view of Cocobay Complex in Da Nang. —Photo viettimes Why is one of Japan’s leading providers of marriage services tying up with Empire Group? The latter’s properties like Coco Ocean Resort with Park Regis and Leisure Inn hotels, and Coco Skyline Resort with Golden Tulip and Coco Ocean Spa Resort offer a number of advantages. The Empire Group’s properties are mostly situated between Hoi An and Da Nang along private and pristine beaches that also offer guests direct access to a dining and retail strip. Major tourist attractions there include the cities of Hoi An and Da … [Read more...] about Vietnam attracts world leading hotel management brands