Hanoi (VNA) – The Vietnam-Cuba solidarity is considered a model for international relations, Cuban Ambassador to Vietnam Lianys Torres Rivera has told Vietnam News Agency. She said that historical backgrounds and mutual support at every time have formed the special relationship between the two countries, with them setting up diplomatic ties on December 2, 1960. Vietnam always backs Cuba in the struggle against economic and trade embargo imposed by the US over nearly 60 years, and Party General Secretary and State President Nguyen Phu Trong called for the removal of unilateral sanctions that hinder countries’ development, especially the besiege and embargo against Cuba, at the UN General Assembly’s recent 75th session, she highlighted. Based on the special political ties, the Cuban diplomat suggested expanding bilateral cooperation to economics and trade. According to her, both sides also hold great potential for cooperation in tourism, pharmaceuticals, culture, … [Read more...] about Vietnam-Cuba solidarity model for int’l relations: diplomat
Within the past few years, the number of antibiotics sold in the community in Vietnam has doubled; 80 percent of that was sold to city dwellers in big cities while the rate in rural districts up to 90 percent. … [Read more...] about Vietnam determined to stop overuse, misuse of antibiotics
Noted advantages such as a relatively efficient and stable governing structure, regulatory and some cultural familiarity for companies accustomed to doing business in China, highly competitive labor costs, business-friendly tax profile along with generous incentives, and proximity to pre-existing Asian supply chains all recommended Vietnam for foreign investors. These advantages have coupled with significant developments this year to further strengthen Vietnam’s competitive allure for FDI, especially for US business.” … [Read more...] about How US investors’ positive sentiment towards Vietnam grows stronger?
In terms of lending, there has been limited lending from international banks given the bankability challenges in relation to the PPA for renewable projects. Existing lenders to renewable projects include Vietnam Bank for Agriculture and Rural (Agribank); Asian Development Bank (ADB); EKF, the Danish Export Credit Agency; Vietnam Development Bank (VDB); Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank); Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank); Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank); Joint Stock Commercial Bank for Investment & Development of Vietnam (BIDV). … [Read more...] about Vietnam’s renewable energy: Key guidance to investors
Forest environmental services policy changes the lives of northwestern people Vang A Chinh, head of the Sin Suoi Ho Village, enters the forest every day to check a forest area that he was allocated to look after in 2012 by the forest management board in Sin Suoi Ho Commune, Lai Chau Province. … [Read more...] about Forest environmental service fees scheme promotes forest protection in Vietnam