Trade investment

Vietnam and Bangladesah have ample room for achieving stronger growth in their bilateral trade cooperation, as the two countries share many things in common, including being emerging economies with stable development, having large populations, markets, and sufficient human resources. In addition, a huge number of young people in the two countries are able to quickly embrace advanced technology and innovation trends, said Pham Viet Chien, Vietnamese Ambassador to Bangladesh, the Vietnam News Agency reported. The two countries need to effectively implement bilateral agreements and cooperation mechanisms in multiple fields, especially the Joint Committee on economic, culture, science and technology cooperation. Both sides should continue to study and develop new cooperation mechanisms on par with each nation’s need for further growth, he said. The two Asian nations also share many others in common, in terms of their foreign policies about global and regional issues. They … [Read more...] about Much room for growth in Vietnam – Bangladesh trade ties: Vietnamese ambassador

As part of the national program on trade promotion, the event was jointly organized by the Vietnamese Consulate General in Khon Kaen, the Investment, Trade and Tourism Promotion Center of the Central province of Quang Tri, and the authorities of Khon Kaen and Ubon Ratchathani provinces. Vietnamese Consul General Chu Duc Dung stressed that there remains great potential for Vietnamese goods to penetrate the Thai market because this country is home to a large community of overseas Vietnamese, with many of whom own supermarkets, distribution and supply stores. He affirmed that the Consulate General is always ready to accompany Vietnamese and Thai businesses in promoting trade cooperation in the spirit of harmonizing benefits, contributing to promoting stable development in both nations. Tran Phi Tuong, Deputy Director of the Investment, Trade and Tourism Promotion Center of Quang Tri province, Head of the Vietnamese delegation, said that businesses joining the delegation want to … [Read more...] about Vietnamese firms seek to boost trade ties with businesses in Thailand’s Northeastern region

To further bolster its appeal, Hanoi should establish regulations that provide favorable living, working, and educational conditions for investors' family members. The draft amended Capital Law should broaden and enhance opportunities for strategic investors, including large domestic and multinational corporations, to come to Hanoi, according to the President of the Foreign Trade University, Bui Anh Tuan. Electronics production at an FDI company in Hanoi. Photo: Nguyen Minh/The Hanoi Times "To bolster its appeal, additional regulations should be put in place to facilitate favorable living, working, and educational conditions for relatives of investors in the Capital. This will contribute to establishing Hanoi as the preferred headquarters for both domestic and multinational corporations," said Tuan. … [Read more...] about Capital Law should help Hanoi attract multinationals: Expert

Vietnamese Prime Minister Pham Minh Chinh (L) and his Japanese counterpart Kishida Fumio. (Photo: VNA) Hanoi (VNA) – The year 2023 marks the 50th anniversary of the establishment of Vietnam - Japan diplomatic relations (September 21, 1973 - September 21, 2023). During the past 50 years, the relations between the two countries have been strengthening and developing in fields. They have become important partners of each other, sharing strategic interests. The bilateral relationship framework has continually been heightened, from a "trusted, long-term stable partnership" (2002) to “Towards a strategic partnership for peace and prosperity in Asia" (2006), then to a "strategic partnership for peace and prosperity in Asia" (2009), and ultimately an "extensive strategic partnership for peace and prosperity in Asia" (2014). The two countries often exchange high-level delegations and convene meetings on the sidelines of international and regional conferences, thereby strengthening … [Read more...] about Vietnam, Japan go together, head to future, reach out to world

PM Pham Minh Chinh (R) meets with First Secretary of the Communist Party of Cuba and  President of Cuba Miguel Díaz-Canel in New York on September 20. (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh met with global leaders in New York on September 20 afternoon (local time), on the sidelines of the high-level week of the 78th session of the United Nations General Assembly . Talking to First Secretary of the Communist Party of Cuba and President of Cuba Miguel Diaz-Canel, PM Chinh affirmed that the Party, State, Government, National Assembly, and people of Vietnam never forget Cuba’s wholehearted assistance for Vietnam’s struggle for national liberation, always treasure and stay determined to further intensify the traditional solidarity and comprehensive cooperation between the two countries, and support the just revolutionary cause of the Cuban people. He underlined Vietnam’s consistent stance of not supporting but demanding the unilateral sanctions against Cuba … [Read more...] about Vietnamese PM meets global leaders in New York

Vietnamese Minister of Foreign Affairs Bui Thanh Son (R) meets with Lao Deputy PM and Foreign Minister Saleumxay Kommasith in New York on September 20. (Photo: VNA) New York (VNA) – Vietnamese Minister of Foreign Affairs Bui Thanh Son met with Deputy Prime Minister and Minister of Foreign Affairs of Laos Saleumxay Kommasith, Minister for Foreign Affairs and External Trade of the Salomon Islands Jeremiah Manele, Minister of State for Foreign Affairs of Uganda Henry Oryem Okello, and Vice President of the European Commission for Interinstitutional Relations Maros Sefcovic in New York on September 20. The meetings took place on the occasion of their attendance in the high-level general debate of the United Nations General Assembly. Talking to Kommasith, Son applauded the sound development of the two countries’ relations, especially high-level mutual visits and meetings, and the promotion of key cooperation projects in the recent past. The Lao official spoke highly … [Read more...] about FM meets senior officials of Laos, Salomon Islands, Uganda, EU

During the meeting, part of his trip to the U.S. for the high-level week of the 78th session of the United Nations General Assembly and bilateral activities, Pham Minh Chinh expressed his pleasure about the important developments in bilateral relations, especially the establishment of the Vietnam - U.S. Comprehensive Strategic Partnership for peace, cooperation and sustainable development on the occasion of President Joe Biden's recent visit to Vietnam. He thanked the contributions of the U.S. House of Representatives in general and the House Foreign Affairs Committee in particular to the relationship between the two countries. Pham Minh Chinh suggested that the two sides strengthen coordination to early put the new framework of relationship into practice, with a focus on promoting cooperation in areas such as economics - trade – investment, science - technology, innovation, semiconductor collaboration, high-quality human resources training, digital transformation, energy … [Read more...] about Prime Minister receives Speaker of U.S. House of Representatives

There were a number of landslides along Cam Mountain in Tinh Bien Town last month following heavy rains. Authorities determined that most of the illegal homestays, built on steep slopes with temporary structures having poor load-bearing capacity, pose safety risks in the rainy season. Illegal construction on the mountain, home to Buddhist pagodas and sacred temples, has flourished since last year. Despite authorities' warnings, these homestays have remained in operation. At the end of 2022, An Giang Province decided to let these projects exist on the condition that the current status quo be maintained and assigned Tinh Bien authorities to manage these homestays. Therefore, when Tinh Bien authorities asked them to stop operating and proposed forced dismantling, the homestay owners objected. According to the Cam Mountain Tourist Area management, the homestays serve around 7,000 visitors a day and cost VND300,000-500,000. Le Trung Hieu, director of the An Giang Investment … [Read more...] about Mekong province to remove 10 homestays built illegally on sacred mountain

Prime Minister Pham Minh Chinh (R) and Treasury Secretary Janet Yellen . (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh met with Treasury Secretary Janet Yellen in New York on September 20 (local time) to discuss cooperation between Vietnam and the US in economy and finance, and to share views on other issues of shared concern. The meeting took place as part of the Vietnamese leader’s trip to the US for the high-level week of the 78th session of the United Nations General Assembly, and bilateral activities in the country. Chinh affirmed that Vietnam considers the US a leading important partner, and stands ready to work together with the country to promote the bilateral relationship intensively, extensively, stably, and practically. Vietnam also regards cooperation in economy, finance, trade and investment as a priority of the bilateral comprehensive strategic partnership, and highly valued substantive contributions by Yellen and the US Department of the … [Read more...] about PM meets US Treasury Secretary, leaders of economic groups

Transit-Oriented Development (TOD) is vital to the Capital Region's sustainable development. As the draft of the amended Capital Law covers the development of the capital region, experts have written to The Hanoi Times to contribute to the early finalization of the draft. Assoc. Prof. Dr. To Van Hoa, Vice Rector of Hanoi Law University: T he Capital Region as a sustainable foundation for the capital and surrounding areas The Capital Region is what Hanoi aspires to grow into. The development of the Capital Region must facilitate the sustainable growth of the surrounding areas. The Thang Long Boulevard connects Hanoi with the provinces in the west and northwest. Photo: Pham Hung/The Hanoi Times The establishment of the capital region must attract the interest of neighboring provinces and cities, and the draft law must show them their potential benefits in participating in the socio-economic growth of the capital region. The draft of the … [Read more...] about Amended Capital Law: perfecting rules to boost Capital Region development