A delegation of the Communist Party of Vietnam (CPV) led by Phan Dinh Trac, Secretary of the CPV Central Committee and Head of its Commission for Internal Affairs (fifth, from left) in a group photo with Minister of Justice Yoko Kamikawa (next to Trac) (Photo: VNA) Tokyo (VNA) – A delegation of the Communist Party of Vietnam (CPV) led by Phan Dinh Trac, Secretary of the CPV Central Committee and Head of its Commission for Internal Affairs, has been on a working visit to Japan from September 24 to 30. While in Japan, Trac met with Vice President of the Liberal Democratic Party (LDP) Masahiko Komura; Head of the Secretariat of the Japanese Communist Party Akira Koike; Minister of Justice Yoko Kamikawa; and State Minister for Foreign Affairs Kazuyuki Nakane. The Japanese officials expressed their condolences over the passing of Vietnamese President Tran Dai Quang. Highlighting the delegation’s visit in conjunction with the 45th anniversary of Vietnam-Japan diplomatic … [Read more...] about Communist Party of Vietnam delegation visits Japan
Vietnam china friendship
Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen will pay an official visit to Vietnam from December 6 to 8 at the invitation of his Vietnamese counterpart Nguyen Xuan Phuc. This will be the first official trip to Vietnam by PM Hun Sen since Cambodia set up its sixth-tenure Government last September. It is also on the threshold of the 40th anniversary of the victory over the genocidal Khmer Rouge regime (January 7, 1979), which Cambodia won with Vietnam’s support. Prime Minister Nguyen Xuan Phuc (R) welcomes his Cambodian counterpart Hun Sen on the sidelines of the World Economic Forum on ASEAN in Hanoi last September The visit will help Vietnam reiterate its foreign policy of independence, self-reliance and diversification and multilateralization of foreign relations, with a focus on developing relations with Cambodia. With diplomatic ties established on June 24, 1967, the two countries have maintained mutual high-ranking visits as well as … [Read more...] about Vietnam Cambodia enjoy flourishing relations
“I expect Vietnam’s economy to continue to be one of the world’s fastest growing in the coming years,” said Dr. Frank Jurgen, Chairman of the Horasis in an interview with VietNamNet’s Lan Anh. Vietnamese Deputy PM Trinh Dinh Dung and Dr. Frank Jürgen Richter, Chairman of Horasis - Photo: VGP This is the second time that the Horasis Meeting will be organized in Vietnam. What are the key messages and solutions to be given at the meeting? How do you think foreign investors view Vietnam? Vietnam is stuck in the middle of the US-China trade war. What are the advantages and challenges that Vietnam faces? Vietnam's economy in the past 30 years has been growing rapidly and is one of the best in the world. However, other economies have also been growing fast and strongly. Do you think that Vietnam has a chance to catch up with those economies? What are the areas that Vietnam needs to change? How long do you think the US-China trade war … [Read more...] about Vietnam – a destination for foreign investors
Since it normalized relations with the powers like China in 1991 and the USA in 1995, Vietnam has begun to integrate into the global economy. Throughout this process of integration, Vietnam has signed numerous free trade agreements (FTAs) with countries and groups of countries. Vietnam's earliest FTA was the agreement signed with the Association of Southeast Asian Nations (ASEAN) in 1996, just one year after Vietnam joined ASEAN. Then, in 2007, Vietnam officially became a member of the World Trade Organization (WTO). After that, Vietnam signed many more FTAs, especially the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) at the end of 2018 and most recently the EU-Vietnam Free Trade Agreement (EVFTA) in June 2019. So far, Vietnam has signed 13 trade agreements, of which 12 have entered into force. Vietnam is also negotiating three other agreements. Economic powers such as the US, China, Japan and South Korea have inked trade agreements with Vietnam. These … [Read more...] about Who will lead Vietnam’s economy?
This resulted in Vietnam importing an average of 9,230 cars per month and over 300 cars per day, and car imports of nearly US$1.75 billion during the period, up 250% year-on-year. Vietnam imported 92,230 passenger cars, or cars with less than nine seats, in the first ten months of 2019, up 150% year-on-year, according to the Ministry of Industry and Trade (MoIT). This resulted in Vietnam importing an average of 9,230 cars per month and over 300 cars per day, leading to car imports of nearly US$1.75 billion during the 10-month period, up 250% year-on-year. In October, Vietnam imported 15,000 vehicles, in which 90% were passenger cars worth US$206 million. Meanwhile, 37,800 were assembled locally, up 1.3% year-on-year, accumulating a total of 284,200 in the January – October period, up 8.6%. According to the MoIT’s statistics, imported car parts and accessories also witnessed a hike of 123% year-on-year in October at US$400 million. As of September, Vietnam imported 109,000 … [Read more...] about Vietnam passenger car import surges 150% in Jan-Oct