Vietnam china economic relations

Lao students join Vietnamese eloquent contest The teams' representatives pose for a group photo A Vietnamese eloquent contest for Lao students in Vietnam’s central region took place in Thua Thien-Hue province on October 18. The event, co-held by the Ministry of Education and Training (MoET) and the Vietnam-Lao Friendship Association Central Committee, saw the participation of 16 teams. In seven minutes, each of the contestants shared their understanding about Vietnam, the country’s people and culture, along with memories during their stay. A team of the Vinh University of Technology Education in the north-central province of Nghe An claimed the first prize, followed by those of the Hue University of Medicine and Pharmacy and Hong Duc University. Addressing the event, Deputy Director General of the International Cooperation Department under the MoET Nguyen Hai Thanh said Vietnam and Laos have nurtured a traditional friendship and cooperation over the years, … [Read more...] about VIETNAM NEWS HEADLINES TODAY

Mekong Delta, HCMC warned of tidal flooding in lowland, riverside areas The Southern Regional Hydrometeorological Center has warned the Mekong Delta and Ho Chi Minh City of flooding in lowland and riverside areas as a high tide is forecast to occur and reach its peak in the next couple of days. According to the center, water level in the Saigon and Dong Nai rivers on October 12 highly increased. It is predicted to continue surging in the next few days. The peak of the high tide might occur on October 15-16, the 17th and 18th day of the ninth lunar month. The National Hydro Meteorological Forecasting Center also issued the same warning, saying that the water level in the Mekong and Saigon Rivers will reach alarming levels 2-3 under influence of the high tide. Low lying and riverside areas in HCMC and the Mekong Delta might be flooded. In the meantime, the meteorological station in Can Tho city said that tide level in canals in the city will continue moving up to reach 1.95-2 meters and … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 15

He made the remark in a recent interview with the press, highlighting the outcomes of border and territory-related work in 2017 and plans for this year. He said Vietnam and neighboring countries have complied with treaties and agreements on border, kept peace and stability in border areas, protected the borderline and border markers well and ensured social order and safety. Along the Vietnam-China land border, the two sides have coordinated in border management and protection via the protocol on border demarcation and marker planting, the agreement on border management regulations and the agreement on border gates and border gate management regulations between the two countries. Bilateral border management mechanisms, including the Vietnam-China Land Border Joint Committee, the Cooperation Committee on Vietnam-China Land Border Gates and the joint working committee of the four Vietnamese border provinces and China’s Guangxi Zhuang Autonomous Region, have continued to fulfill … [Read more...] about Sovereignty, sovereign rights, jurisdiction of Vietnam ensured: official

Companies issue $7.7b worth of bonds in nine months The nine-month value is equal to nearly 80 per cent of the total bond issuance value in 2018. The figure is also lower than the total registered value of nearly VND276.9 trillion (nearly $12 billion), which means nearly VND98 trillion bonds were unsold. In September, 28 companies made 60 issuances with total capital raised of VND19.4 trillion (excluding international bond issues). Most bonds were three-year term with total value of VND13.5 trillion. Interest rates of bonds issued in September ranged between 6 per cent and 11 per cent per annum. Banks were the main player in the bond market with total issuance value of VND14.1 trillion in September, accounting for 72.78 per cent of total market value. Real estate companies followed with VND965 billion (4.97 per cent) and securities firm with VND413 billion (2.13 per cent). Bonds issued by banks also had the lowest interest rate, averaging only 6.71 per cent per year. Some companies … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 18

The National Assembly (NA) and Government of Vietnam pledged to continue perfecting the legal system in order to create favourable conditions for foreign enterprises, including those from France, to operate in the Southeast Asian country, said the top lawmaker. NA Chairwoman Nguyen Thi Kim speaks at the working breakfast with the France-Vietnam Friendship Parliamentarians’ Group on April 1 (Photo: VNA) NA Chairwoman Nguyen Thi Kim Ngan delivered the commitment at a working breakfast with the France-Vietnam Friendship Parliamentarians’ Group and representatives of 15 major French businesses in Paris on April 1. Ngan said the Vietnamese NA delegation’s ongoing visit aims to promote and deepen the Vietnam-France strategic partnership, as well as bilateral legislative ties in particular, helping to enhance the multifaceted cooperation between the two countries with economic-trade collaboration as the centre. She highly evaluated France’s policy … [Read more...] about Vietnam vows to create optimal conditions for French firms: top legislator