Trade related investment measure

Minister of Foreign Affairs Bùi Thanh Sơn and Omani counterpart Sayyid Badr bin Hamad bin Hamood Al Busaidi had talks on Wednesday. — VNA/VNS Photo HÀ NỘI — Minister of Foreign Affairs Bùi Thanh Sơn has had a phone call with his Omani counterpart Sayyid Badr bin Hamad bin Hamood Al Busaidi on Wednesday after Việt Nam and Oman celebrated the 30th anniversary of their diplomatic ties (June 9). Sơn praised the remarkable developments in cooperation between the two countries over the past three decades in politics, diplomacy, economy and trade, saying they have maintained delegation exchanges and mutual support at international forums, and in natural disaster response and the fight against COVID-19. He views economic cooperation as a bright spot in the bilateral ties, with two-way trade hitting US$338.1 million last year, nearly doubling the figure in the previous year. The Việt Nam-Oman Investment (VOI) fund has operated effectively, with an array of projects rolled out in … [Read more...] about Việt Nam forges multi-faceted cooperation with Oman, UAE

Addressing the event, Assistant Foreign Minister and Head of SOM Canada Paul Thoppil affirmed that his country always attaches great importance to 45-year-ties with ASEAN, and underlined that ASEAN and the Southeast Asian region play a core role in the Indo-Pacific Strategy that Canada is going to announce. He said Canada hoped to engage deeper into regional cooperation through ASEAN-led mechanisms. In order to celebrate the 45-year partnership between the two sides (1977-2022), Thoppil proposed organizing an ASEAN-Canada Commemorative Summit in late 2022 in Cambodia and lift up their ties to a strategic partnership. The ASEAN member countries lauded Canada’s cooperation and support to the association over the years, including a commitment of contributing 3.5 million CAD (2.7 million USD) in five years to the ASEAN Fund for COVID-19 Response, 2 million CAD (1.54 million USD) to the ASEAN Coordinating Center for Humanitarian Assistance on disaster management, and 8.5 million CAD … [Read more...] about ASEAN, Canada seek ways to foster partnership

Mumbai civic chief IS Chahal (L) receives Vice Chairwoman of the HCMC People’s Committee Phan Thi Thang (R). (Photo: SGGP) The visit was attended by Vice Chairman of the People’s Council of HCMC Nguyen Van Dung, representatives of the city’s department and Consul General of Vietnam to Mumbai Hoang Tung. Speaking at the meeting, Mumbai civic chief IS Chahal said that the Covid-19 pandemic has basically been controlled in the city where coronavirus fatality accounted for 0.8 percent of the total number of confirmed cases thanks to the effectiveness of epidemic prevention and control measures, creating a strong socio-economic recovery. At the working session between leaders of HCMC and India's Mumbai Vice Chairwoman of the HCMC People’s Committee Phan Thi Thang emphasized the traditional good relationships between Vietnam and India that were founded by two outstanding leaders of the two nations, President Ho Chi Minh and Prime Minister J. Nehru, beginning in the 1950s. … [Read more...] about HCMC, Mumbai enhance cooperation, open new direct flights

Minister of Foreign Affairs Bui Thanh Son and Omani counterpart Sayyid Badr bin Hamad bin Hamood Al Busaidi had talks on Wednesday. — VNA/VNS Photo Son praised the remarkable developments in cooperation between the two countries over the past three decades in politics, diplomacy, economy and trade, saying they have maintained delegation exchanges and mutual support at international forums, and in natural disaster response and the fight against Covid-19. He views economic cooperation as a bright spot in the bilateral ties, with two-way trade hitting US$338.1 million last year, nearly doubling the figure in the previous year. The Vietnam-Oman Investment (VOI) fund has operated effectively, with an array of projects rolled out in essential fields in Vietnam like water management, agriculture, health care and renewable energy, the minister continued. For his part, the Omani minister lauded the achievements Vietnam has recorded in politics, external relations, economy and social … [Read more...] about Vietnam forges multi-faceted cooperation with Oman, UAE

Inadequacies in salary are causing a shift of workers among foreign-invested enterprises. Taiwanese-backed Foxconn, the world’s largest iPhone contract manufacturer, is complaining about a battle to attract more affordable labour with its Chinese rivals in Vietnam. Young Liu, CEO and chairman of Foxconn, this month accused the company’s Chinese competitors of setting up campuses near its base in Vietnam to get closer to its workers. Foxconn’s campus, located in the northern province of Bac Ninh, currently employs around 60,000 workers, and the company has plans to increase that number over the next two years. Once the battle for workers becomes more serious, the company may face the risk of employee shortages. While the Foxconn CEO would not disclose the names of the competitors involved, the current crop of 31 companies – employing around 160,000 workers – that produce Apple products in Vietnam include major names such as Luxshare ICT, Pegatron Vietnam, and BYD Electronics … [Read more...] about Foreign groups battle to retain their workers

Vietnam is a centerpiece of South Korea’s New Southern Policy (NSP). Vietnam and South Korea consider upgrading the relations to Comprehensive Strategic Partnership after three decades of diplomatic ties which have gained fruitful multisectoral achievements. Vietnamese Deputy Prime Minister Pham Binh Minh speaks at the event held in Seoul on June 23. Photos: VNA Vietnamese Deputy Prime Minister Pham Binh Minh gave remarks on the occasion of the 30 th founding anniversary of Vietnam-South Korea diplomatic relations (1992-2022). The two countries have become leading partner with each other, mostly in trade and investment, with South Korea being the biggest investor in Vietnam with large-scale investment projects, contributing to creating global supply chains in Vietnam, Minh said in a recorded video at the 30th Global Maekyung Forum held in Seoul on June 23. To enhance the ties, Minh suggested focusing on science-technology and innovation; digital and … [Read more...] about Vietnam, South Korea eye Comprehensive Strategic Partnership

Vietnamese Ambassador to Cambodia Nguyen Huy Tang grants an interview to Vietnam News Agency. (Photo: VNA) Hanoi (VNA) – With achievements in diplomatic relations over the past 55 years and the determination of Vietnam and Cambodia’s Parties, leaders and people, it is believed that the bilateral ties will constantly develop in line with the motto of “good neighbourliness, traditional friendship and comprehensive, sustainable and long-term cooperation”, said Vietnamese Ambassador to Cambodia Nguyen Huy Tang. Tang gave an overview of the outstanding achievements made in Vietnam – Cambodia multifaceted relationship, particularly in politics, defence- security, economy, investment, education-training and border demarcation, over more than five decades during an interview with Vietnam News Agency on the occasion of the 55th anniversary of the two countries’ diplomatic ties (June 24, 1967-2022). Political relations between Vietnam and Cambodia have constantly grown, providing a … [Read more...] about Vietnam, Cambodia live up to “good neighbourliness” commitments

The two countries have become leading important partners of each other, Minh said in a video that was sent to the Maekyung Global Forum held in Seoul on June 23 as part of activities to celebrate the 30th founding anniversary of the bilateral diplomatic ties. The event was organized by the Vietnam Chamber of Commerce and Industry (VCCI), the RoK’s Maekyung Media Group and the Korean Chamber of Commerce and Industry (KCCI). Despite the negative impacts of the COVID-19 pandemic, the Vietnam - RoK strategic cooperative partnership has continued to grow strongly, practically and effectively with a very solid and increasingly extensive cooperative foundation in all fields, Minh said, adding that the two countries are aiming to upgrade their relations to a comprehensive strategic partnership. There remains a lot of room and potential for cooperation between the two  nations, he said. The Deputy PM affirmed that the Vietnamese Government is committed to creating an open, favorable and … [Read more...] about Forum seeks to enhance Vietnam-RoK cooperation

An automobile assembly line of Toyota Vietnam in the northern province of Vĩnh Phúc. Vĩnh Phúc is an important part of the global supply chain of Japanese enterprises. — Photo baovinhphuc.com.vn VĨNH PHÚC — Vĩnh Phúc Province always views Japanese localities and businesses as leading partners in its development progress, said Hoàng Thị Thúy Lan, Secretary of the provincial Party Committee. Lan made the statement at a conference held in the northern province of Vĩnh Phúc on Thursday with a view to reinforcing the northern province’s cooperation with Japanese localities and investors. The conference attracted the participation of nearly 700 delegates both online and offline from the two countries. Highlighting their long-standing and expanding cooperation, she said Vĩnh Phúc's official co-operative relations were set up with Japan’s Akita prefecture in March 2015, and Tochigi prefecture in December 2021, which have created important prerequisites for boosting bilateral … [Read more...] about Vĩnh Phúc Province seeks stronger links with Japan

An automobile assembly line of Toyota Vietnam in the northern province of Vinh Phuc. Vinh Phuc is an important part of the global supply chain of Japanese enterprises. — Photo baovinhphuc.com.vn Vinh Phuc Province always views Japanese localities and businesses as leading partners in its development progress, said Hoang Thi Thuy Lan, Secretary of the provincial Party Committee. Lan made the statement at a conference held in the northern province of Vinh Phuc on Thursday with a view to reinforcing the northern province’s cooperation with Japanese localities and investors. The conference attracted the participation of nearly 700 delegates both online and offline from the two countries. Highlighting their long-standing and expanding cooperation, she said Vinh Phuc's official co-operative relations were set up with Japan’s Akita prefecture in March 2015, and Tochigi prefecture in December 2021, which have created important prerequisites for boosting bilateral partnerships in many … [Read more...] about Vinh Phuc Province seeks stronger links with Japan