Vietnam china border exchange

The visit paid by the Singaporean parliament speaker is aimed to realize the agreement reached by the countries’ top leaders during Vietnamese President Nguyen Xuan Phuc’s visit to the neighboring country in February 2022. A memorandum of understanding (MoU) on enhancing relations, exchanges, and cooperation between Vietnam’s National Assembly (NA) and the Parliament of Singapore was signed during the three-day visit to Hanoi paid by Speaker Tan Chuan-Jin, his first official visit to Vietnam beginning on May 18. Chairman of Vietnam's National Assembly Vuong Dinh Hue (R) and Speaker of the Parliament of Singapore Tan Chuan-Jin in Hanoi on May 18. Photos: Quochoi During the visit made at the invitation of Chairman of Vietnam's National Assembly Vuong Dinh Hue, the two legislative bodies also supported the signing of an MoU on cybersecurity, mutual legal assistance, and trans-border crime prevention. They argued that the legislative connection is an extremely … [Read more...] about Vietnam, Singapore parliaments ink agreement to boost cooperation

Ambassador Luong Thanh Nghi and DAVIFO President Trine Glue Doan (Photo: VNA) Hanoi (VNA) – Ambassador Luong Thanh Nghi has suggested the Vietnamese Embassy in Denmark and the Denmark-Vietnam Friendship Association (DAVIFO) coordinate with relevant agencies in organising forums for young people of the two countries to serve as nucleus for their bilateral ties. The two sides should join hands in launching activities like cuisine festivals, photo exhibitions and dialogues between prestigious writers and artists, and audiences to promote the Vietnamese and Danish cultures, he said at a meeting with DAVIFO President Trine Glue Doan on May 17. The diplomat noted with pleasure the close coordination between DAVIFO and the Vietnam-Denmark Friendship Association under the Vietnam Union of Friendship Organisations (VUFO), with practical activities held in Hanoi, Da Nang, Ho Chi Minh City and other Vietnamese localities. Vietnam always pays attention to improving living … [Read more...] about Vietnam, Denmark forge people-to-people exchange

The deal value in Vietnam by Japanese investors last year was more than triple the figure of 2020. Why has there been a sharp increase in Japanese mergers and acquisitions (M&A) deals? Masataka “Sam” Yoshida, head of the Cross-border Division of RECOF Corporation and CEO of RECOF Vietnam Co., Ltd This rise was due to an exceptional deal done by SMBC Consumer Finance, in the amount of nearly $1.38 billion, which acquired FE Credit from VP Bank. In fact, there have been several relatively big deals by Japanese investors ranging from $50-100 million every two years during the last 10 years – however, this one was by far the largest. Apart from this one, we recognise that most of the Japanese-related deals were around $5-30 million in size, which did not show any big difference from before 2020. What is M&A activity like so far in 2022 for Japanese groups here? Despite the aforementioned mega deal by SMBC, most Japanese investors had to wait until travel … [Read more...] about Japanese M&A in Vietnam on a steady track to bigger deals

Vietnamese Deputy Defense Minister Senior Lieutenant General Hoang Xuan Chien affirmed that while delivering a speech at the ASEAN Defense Senior Officials’ Meeting Plus (ADSOM+) in Phnom Penh on May 18. The Vietnamese deputy defense minister also emphasized that the security and safety of navigation and aviation in the East Sea (or South China Sea) is extremely important for countries in the region and the Association of Southeast Asian Nations (ASEAN). Therefore, it is essential to observe the Declaration of the Conduct of Parties in the East Sea (DOC) and accelerate the early signing of a practical and effective Code of Conduct in the East Sea (COC). The head of the Vietnamese delegation expressed his wish that all countries would settle conflicts and disagreements by peaceful means, on the basis of respecting international law and the United Nations Charter as well as ASEAN's basic principles. He added that besides emerging non-traditional security challenges, there have been … [Read more...] about Vietnam affirms consistent stance of settling disputes by peaceful means at ADSOM+

During the meeting, Tan briefed his visitors on the outcomes of his talks with Vietnamese N.A. Chairman Vuong Dinh Hue. Affirming the increasing relationship between the two countries, Tan expressed his hope for further strengthened exchange activities between parliamentarians of the two nations, contributing to tightening the legislative cooperation in particular, and the strategic partnership between the two countries in general. For his part, Cuong, who is also Secretary General of the National Assembly and Chairman of the N.A. Office of Vietnam, said Tan’s official visit to Vietnam contributes to further expanding the Vietnam – Singapore Strategic Partnership. He congratulated Singapore on its success in COVID-19 prevention and control and stable development in the new normal, the effective implementation of vaccination program, as well as the full reopening of economy and international tourism. Cuong said he believes that Singapore will develop stronger and play an … [Read more...] about Singaporean parliament speaker meets Vietnam – ASEAN friendship parliamentary group’s official

During her stay in Vietnam, President Sakellaropoulou paid tribute to late President Ho Chi Minh at his Mausoleum, laid a wreath at the Heroic Martyrs’ Monument, held talks with President Nguyen Xuan Phuc, paid a courtesy visit on Party General Secretary Nguyen Phu Trong, met with National Assembly Chairman Vuong Dinh Hue, witnessed the signing of important documents, and joined a tea party chaired by Vice President Vo Thi Anh Xuan. Welcoming the Greek President, Party General Secretary Trong affirmed that Vietnam attaches much importance to its traditional friendship with Greece and is delighted at the important progress in their bilateral ties. He gave a number of proposals to promote the partnership in all fields, and suggested Greece continue to support the Vietnamese community in the country. During talks between the two presidents, they shared delight that despite the impacts of the COVID-19 pandemic, trade between the two countries still increased to 447 million USD in 2021, … [Read more...] about Greek President wraps up official visit to Vietnam

A delegation of the Vietnamese Embassy in Thailand led by Ambassador Phan Chi Thanh visits Ho Chi Minh Museum in Phichit province. (Photo: VNA) Hanoi (VNA) – The Vietnamese Embassy in Cambodia on May 19 held an incense-offering ceremony to pay tribute to President Ho Chi Minh on his 132nd birthday. In his remarks, Ambassador Nguyen Huy Tang called on the embassy’s staff and Vietnamese people in Cambodia to follow the late President’s ideology, morality and lifestyle. They should seriously observe local law and support each other, he said, lauding Vietnamese firms and agencies in Cambodia for their support to Cambodia ns of Vietnamese origin and local people during the COVID-19 fight. The Vietnamese community in Hungary and Hungarian friends on May 18 also gathered at a ceremony in Zalaegerszeg city where President Ho Chi Minh’s statue is located to pay homage to the late leader. Góra Balázs, Chairman of the Hungarian Socialist Party’s Zalaegerszeg branch, recalled … [Read more...] about President Ho Chi Minh remembered abroad

Masan workers on a production line. MSN stocks hit ceiling prices on Thursday, backing market reversal. — Photo vietnambiz.vn The market reversed the downward trend in the morning to end slightly higher in a late-session rally on Thursday. As bulls and bears entered a tug-of-war, the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 0.88 points, or 0.07 per cent, to 1,241.64 points. The market’s breadth stood considerably negative as advancers were dwarfed by decliners. Notably, 294 stocks advanced while 519 declined. The market’s liquidity was low with only 460 million stocks traded on the southern bourse, equivalent to around VND11.6 trillion (US$502 million). Buying forces were not strong enough to lift blue chips. The 30 biggest stock tracker VN30-Index lost 2.86 points, or 0.22 per cent, to end at 1,283.55 points. In the basket, decliners outnumbered advancers by 18 to eight. Among ten stocks propping up the market, Masan Group (MSN) was the … [Read more...] about Market edges up slightly due to bull-bear tug of war

Up to 200 domestic and overseas businesses are joining International Vietbuild Exhibition 2022 in Đà Nẵng. — Photo cafeland.vn ĐÀ NẴNG — The International Vietbuild Exhibition 2022 is underway in the central city of Đà Nẵng with the participation of more than 200 domestic and overseas businesses. The exhibition showcases a wide range of products in construction, building materials, exterior-interior decoration, solar energy machines, and smart home technologies in 1,000 booths. In his speech at the exhibition's opening ceremony on Wednesday, Deputy Minister of Construction Nguyễn Văn Sinh praised the event's contribution to supporting the implementation of State guidelines and policies on construction and real estate, trade promotion, technology transfer, brand development and investment co-operation . It would also help connect supply and demand, especially in the context of the country's economic recovery after the COVID-19 pandemic, Sinh said. … [Read more...] about Đà Nẵng hosts Vietbuild 2022

President Nguyễn Xuân Phúc (right) meets Speaker of the Singaporean Parliament Tan Chuan-Jin on Thursday. VNA/VNS Photo HÀ NỘI — Speaker of the Singaporean Parliament Tan Chuan-Jin said Singapore’s Prime Minister wants to visit Việt Nam in 2023 when the two countries celebrate the 50th anniversary of the establishment of diplomatic relations, during his meeting with Vietnamese President Nguyễn Xuân Phúc on Thursday. President Phúc said that the presence of Speaker Tan at the 31st SEA Games provides great encouragement to the host country Việt Nam and the Singapore sports delegation. The Vietnamese leader praised the good results of talks between Vietnamese NA Chairman Vương Đình Huệ and his Singaporean counterpart. Assessing that trade growth between the two countries is very positive, with more Singaporean projects investing in Việt Nam, the President said that the Vietnam Singapore Industrial Park is considered a symbol of economic cooperation between the two countries. … [Read more...] about Việt Nam, Singapore to strengthen cooperation ahead 50th anniversary of diplomatic relations