Vietnam china news

Party General Secretary Nguyen Phu Trong (R) and Wang Ning , Secretary of Yunnan province 's Party Committee. (Photo: VNA) Hanoi (VNA) - Party General Secretary Nguyen Phu Trong on March 28 highlighted the contributions of exchanges and cooperation between Vietnamese border localities and China’s Yunnan province to the development of the bilateral relations in various spheres over the past time. At a reception for Wang Ning, Secretary of Yunnan province's Party Committee, the Vietnamese Party leader spoke highly of Wang’s visit in the context of the relations between the two Parties and countries growing fruitfully with substantive progress. Wang is in Vietnam for a visit and to co-chair a conference of party secretaries of the Vietnamese northern border provinces of Ha Giang, Lao Cai, Lai Chau and Dien Bien, and Yunnan. General Secretary Trong lauded the coordination between Vietnam’s Ha Giang, Lao Cai, Lai Chau and Dien Bien provinces, and Yunnan in organising … [Read more...] about Cooperation between border localities contributes to Vietnam-China ties: Party chief

"Vietnamese authorities always closely follow situations on the East Sea and resolutely perform management measures and legal conducts in accordance with international law, especially the United Nations Convention on the Law of the Sea and Vietnamese law," said deputy spokeswoman of the Ministry of Foreign Affairs Pham Thu Hang, according to the ministry’s official website. Vietnam calls the South China Sea the East Sea. Hang’s comment came after reporters last week requested an official reaction to the news of the Chinese ship Haiyang Dizhi 4 Hao operating within Vietnam’s EEZ. The survey vessel was built in 1980 and has a capacity of around 1,000 tons, according to vessel tracking website Marine Traffic. In accordance with UNCLOS, coastal states have full rights of sovereignty over their EEZ and continental shelf for the purposes of exploration and natural resources exploitation. Other UNCLOS member states can only perform marine scientific research within these regions with … [Read more...] about Vietnam reaffirms vigilance on East Sea situation

More than 2.69 million international tourists arrived in Vietnam in the first quarter of this year, soaring 30-fold against the same period last year, according to data released on Wednesday by the General Statistics Office of Vietnam. The country earned an estimated VND161 trillion (US$6.8 billion) in revenue gained from lodging and dining services. Some provinces and cities in particular witnessed an upsurge in revenue, such as Da Nang (73 percent), Quang Ninh (43 percent), Can Tho (42 percent), and Ho Chi Minh City (37 percent). The country took in around VND6.8 trillion ($288 million) from travel services, up two-fold compared to the year-ago figure, buoyed by lots of cultural and tourism activities taking place in the first months of the year, the Vietnam News Agency reported. In March alone, the number of international visitors to this Southeast Asian nation is estimated to reach over 895,000. This year, the country looks to serve 110 million tourists, including … [Read more...] about Vietnam welcomes over 2.69mn int’l visitors in Q1

In 2022, two-way trade between Yunnan (China) and the bordering provinces of Vietnam is expected to reach US$3.25 billion. The provincial authorities of Vietnam's Lao Cai and China's Yunnan agreed on March 28 to take necessary measures to lift their comprehensive ties, especially trade. A truck that links Lao Cai and Yunnan Province passes the Kim Thanh II International Border Gate. Photo: The Hanoi Times "The comprehensive partnership between Lao Cai and Yunnan has improved tremendously in recent years, but it has not reached its full potential," said Hoang Quoc Khanh, permanent vice chairman of the Lao Cai Provincial People's Committee. Khanh suggested that Yunnan authorities further relax regulations and facilitate cross-border trade and travel between the two nations to improve bilateral relations. The Lao Cai official said Chinese authorities should restore trade and travel activities to pre-pandemic levels. He also urged the Chinese government to … [Read more...] about Lao Cai and Yunnan provinces agree to strengthen bilateral ties

A factory in Dong Nai province's Giang Dien Industrial Zone. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam attracted nearly 5.45 billion USD worth of foreign investment in the first quarter of the year, down 39% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment . Of the three-month figure, over 3 billion USD came from 522 newly-licensed projects, up 62% in a number of projects but down 6% in the amount of capital compared to the same period last year. Some 1.2 billion USD was added to 228 existing ones, representing a yearly hike of 3% in a number of projects and a yearly decline of 70.3% in the capital. However, foreign investors' capital contribution and share purchases rose 4% year-on-year to 798 million USD, the FIA said. Along with the contraction in fresh capital, the disbursed capital also slightly plunged 2.2% from a year earlier to 4.3 billion USD, it noted. The most significant proportion of the … [Read more...] about Vietnam’s foreign investment plunges 39% in Q1

In the first two games played by the Vietnam U23 team in the Doha Cup, Vietnam lost 0-3 to Iraq and 0-4 to UAE. Darby believes that these two games did not say anything about Vietnam, because the opponents were much stronger. "First we need to look at the opponent and their quality," Darby said. "If Vietnam played against Laos or Singapore and won easily, would we say that they are a good team?" The U23 teams of Iraq and UAE competed in the Olympics before while Vietnam have not. Vietnam also stand lower on the FIFA rankings than these two teams. The poor result of U23 Vietnam attracted attention from the international media. Chinese news site Sohu wrote: "At least U23 China did better than Vietnam. The team scored a goal in the second game of Doha Cup last year and kept a bit of pride." However, Darby said Vietnamese fans should be patient with Troussier. "Troussier or any other coach deserves time and most of all support," Darby added. In the first two matches under … [Read more...] about Coach Troussier needs more time with Vietnam: football pundit

Prime Minister Pham Minh Chinh (R) and Secretary of the Yunnan provincial Party Committee Wang Ning. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh underlined the importance of the Vietnam-China comprehensive strategic cooperative partnership in Vietnam’s external policy during a reception in Hanoi on March 28 for Wang Ning, Secretary of the Yunnan provincial Party Committee and Chairman of the Standing Committee of the provincial People's Congress. The talk between PM Chinh and his guest focused on measures to tap the potential and strengths of both sides and further promote bilateral cooperation, especially between Vietnamese localities and Yunnan province in the near future. At the reception (Photo: VNA) The Vietnamese government leader urged tightening coordination in border protection and management in accordance with the three legal documents on the Vietnam-China land border and related agreements, so as to jointly build a borderline of peace, … [Read more...] about PM hosts leader of Yunnan provincial Party Committee

Although Vietnam reopened its door to international tourists over a year ago, small and medium lodging facilities in Ho Chi Minh City are still struggling to recover due to the small number of international visitors. Their largest source market is China while the number of guests from the northern neighbor remains modest, forcing many hotels to use their facilities for other purposes or stop leasing spaces. Shutdown, falling room occupancy In District 1, many hotels which used to be crowded with foreign travelers are now empty or have been replaced by other businesses. On Ly Tu Trong Street, a spacious hotel is being repurposed. The hotel is in a prime site, near Ben Thanh Market, Nguyen Hue Pedestrian Street, and Le Loi Boulevard, once favored by international tourists. Many 'House for Lease' signboards can also be seen along Bui Vien Walking Street and De Tham Street with many of them being hung in front of small, one- and two-star hotels. The director of a chain of … [Read more...] about Ho Chi Minh City hotels waiting for int’l guests

The new office, which opened on Tuesday, is located in Gangnam, a popular entertainment and shopping center in Seoul. Trung Nguyen Legend said in a statement that the average South Korean consumes 367 cups of coffee a year and that South Korea is known for leading the world in new coffee trends. Trung Nguyen Legend products have been present in South Korea for 10 years and in 2019 the company established a local sales team, seeking to increase revenues and brand promotion. The company's G7 coffee was among the five favorite coffee brands online in South Korea in 2020, according to market research company Nielsen. This is Trung Nguyen’s second international office after China. The company opened its first office in Shanghai in 2017. … [Read more...] about Trung Nguyen Legend opens first office in South Korea

The largest international travel fair in Vietnam, attended by representatives from many countries and regions, is scheduled from April 13 to 16 at 91 Tran Hung Dao Street, Hanoi. Vietnam International Travel Mart Hanoi 2023 (VITM Hanoi 2023) will offer 10,000 promotional tours and gifts to attract domestic and foreign visitors. The VITM Hanoi 2023 is expected to welcome more than 60,000 visitors. Photo: VNA It is estimated that more than 60,000 visitors will attend the four-day event. As of late March, 600 exhibitors from 60 Vietnamese cities, provinces, and 15 countries and territories had registered to set up 450 booths at VITM. Vu The Binh, chairman of the Vietnam Tourism Association, said at the fair's press conference on March 28 that the event, themed "Cultural Tourism," aims to encourage travel companies to develop new products linked to cultural values and heritage, thereby contributing to the development of the cultural industry and bringing … [Read more...] about 10,000 promotional tours for VITM Hanoi 2023