Trade related investment measures

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

The meeting between Deputy PMs Le Minh Khai and Men Sam An in Hanoi on June 24 (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Le Minh Khai had a working session with his visiting Cambodia n counterpart Men Sam An in Hanoi on June 24. Khai congratulated the Cambodian Government on the important achievements obtained under PM Hun Sen’s leadership, especially the success in COVID-19 containment and socio-economic reopening and recovery. Men Sam An, who is also Minister of the National Assembly - Senate Relations and Inspection of Cambodia, Vice President of the Cambodian People’s Party, and Chairwoman of the Cambodia - Vietnam Friendship Association, expressed her honour to represent the Cambodian Government to attend and deliver remarks at the ceremony marking the 55th founding anniversary of the countries’ diplomatic ties held in Hanoi earlier the same day. Saying she is impressed with Vietnam’s all-round attainments over the past years, she expressed her belief that … [Read more...] about Deputy PMs agree on measures for strengthening Vietnam – Cambodia links

Headquarters of Viettel Group in Hanoi. Vietnam should have a strategy to promote the development of green buildings, a vital part of achieving the country's environmental goals. (Photo: kinhtedothi.vn) Hanoi (VNS/VNA) - Developing energy-efficient buildings is an inevitable trend for Vietnam to achieve its environmental objectives. The energy used by high-rise buildings in Vietnam accounts for around 35-40 percent of the country’s total energy consumption . A survey by real estate service firm Cushman & Wakefield (CWK) showed that around 40 percent of gas emissions came from real estate. According to the Vietnam Green Building Council, there are about 200 green buildings across the country. At the United Nations Climate Change Conference in 2021 (COP26), Vietnam committed to achieving net-zero carbon emissions by 2050. To achieve the environmental goals, Vietnam needs to develop more energy-saving buildings that are high quality to reduce the negative … [Read more...] about Energy-efficient buildings on the rise in Vietnam

The Vietnam Office of the Japan International Cooperation Agency (JICA) has asked the Vietnamese government to consider promptly giving funds to Ho Chi Minh City Urban Railways No. 1 Company Limited (HURC 1), which is at risk of halting operation. In his recent letter to Tran Van Son, Minister-Chairman of the Government Office, Shimizu Akira, Chief Representative of the JICA Vietnam Office, mentioned some issues related to the city’s Metro Line No. 1, including the urgent need of providing a budget to HURC 1 so that it can maintain operations. HURC 1, the operator of the city’s first metro project, is facing a big problem as its initial charter capital has been used up to pay for operating expenses in the past time and is now facing the risk of suspension due to lack of funds, the JICA said. Earlier in January this year, JICA sent an official letter to the Ministry of Planning and Investment and the Ministry of Finance requesting early allocation of funding to the company. … [Read more...] about JICA urges funding for operator of Ho Chi Minh City’s first metro line

PM Pham Minh Chinh (R) welcomes Cambodian Deputy PM Men Sam An in Hanoi on June 24. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh on June 24 received Cambodian Deputy Prime Minister Men Sam An, who is paying an official visit to Vietnam. PM Chinh welcomed his guest, who represented the Cambodian Government to attend and deliver remarks at a Hanoi ceremony marking the 55th founding anniversary of the countries’ diplomatic ties earlier the same day, and appreciated her major contributions to bilateral relations. He expressed his delight at the recent progress in the friendly neighbourliness and comprehensive cooperation between the two countries. Bilateral trade grew 19% year on year in the first five months of 2022 to 5.44 billion USD; the number of Vietnamese tourists to Cambodia topped 46,000 in the first quarter, making Vietnam the largest source of foreign visitors there; and cooperation in defence, security, education - training, and transport has been … [Read more...] about Gov’t leader receives visiting Cambodian Deputy Prime Minister

Vietnam was recently named amongst the top three Asia-Pacific countries where people have regained their confidence in travel. According to the Travel Confidence Index, a report commissioned by leading online travel company Booking.com, the Vietnamese population is the second most confident in travel, with 85 percent of Vietnamese travelers sharing that they intend to travel at some point in the next 12 months. Numbers one and two on the list were India (86 percent) and China (79 percent). The online survey, which polled 11,000 travelers from 11 countries and territories across Asia and Oceania between April and May 2022, aimed to track the impact of geopolitical and societal diversities in the region, as well as the varied response to the COVID-19 pandemic, on overall confidence levels when it comes to travel. The result indicated that, among Asia-Pacific travelers, Vietnamese are very much willing to put up with and/or overlook travel deterrents, including disruptions and … [Read more...] about Vietnam ranks amongst most optimistic tourism communities in Asia-Pacific