Vietnam china relationship

Vietnam and China share a long border with the busiest border gates serving trade connections. Vietnam’s top leaders including General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong and Prime Minister Pham Minh Chinh today [March 28] met Wang Ning, party secretary of Yunnan Province, China as part of gestures to strengthen the ties between border areas. General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong (R) and Wang Ning, party secretary of Yunnan Province, China, at the meeting in Hanoi on Mar 28. Photo: VNA Wang Ning is in Vietnam to co-chair a meeting between party secretaries of Vietnam’s Ha Giang, Lao Cai, Lai Chau, and Dien Bien provinces. The meeting is the third of its kind to set goals for cooperation between the localities. At the meeting in Hanoi on March 28, Trong highly appreciated the cooperation and expected Yunnan and Vietnamese border localities to be role models in implementing the consensus … [Read more...] about Vietnam, China enhance border ties

At the meeting, the Vietnamese general congratulated China on successfully organizing the National People’s Congress and the Chinese People's Political Consultative Conference, during which the new defense minister was voted and named. Through the Chinese defense attaché, General Chien conveyed Vietnamese Defense Minister General Phan Van Giang’s congratulations to his Chinese counterpart Li Shangfu. The host underlined that the Vietnamese Party, Government and MND always attach importance to the comprehensive strategic cooperative partnership between the two countries. He emphasized that the comprehensive cooperation between the two parties and nations is the premise for expanding the bilateral defense ties in an intensive, effective and practical manner in many fields, in line with the spirit of the Vietnam - China joint statement on continuing to strengthen and deepen the Vietnam - China comprehensive strategic cooperative partnership reached after the official China visit by … [Read more...] about Vietnam, China enhance defense cooperation

The resolution is a necessary move to ensure sustainable development of Vietnam’s exports and lawful rights of local compliant traders. The Vietnamese government on December 31, 2019 issued Resolution No.119/NQ-CP with an aim to address rampant cases of origin fraud and illegal transshipment, in a move to show its determination to ensure fair trade with major partners. Illustrative photo. The resolution is a necessary move to ensure sustainable development of Vietnam’s exports and lawful rights of local compliant traders, particularly with the enactment of new free trade agreements such as the Comprehensive Progressive Trans – Pacific Partnership (CPTPP) and the EU – Vietnam Free Trade Agreement (EVFTA) in the context of the ongoing US – China trade war, the Ministry of Industry and Trade (MoIT) said in a statement on its portal. Additionally, the resolution is expected to attract foreign investment in hi-tech projects with greater added value, helping local … [Read more...] about Vietnam government vows to combat origin fraud

The fact that Asanzo only assembled products with components made by other companies but then labeled them as “Made-in Vietnam” is not an offense. The lack of specific criteria for “Made-in-Vietnam” products as well as for products assembled and then sold domestically means electronic firm Asanzo has not committed trade fraud, according to the conclusion the Anti-corruption, Economic crimes and Smuggling Department, aka C03, under the Ministry of Public Security. Electronic firm Asanzo is concluded not to commit trade fraud. As a result, the fact that Asanzo only assembled products with components made by other companies but then labeled them as “Made-in Vietnam”, “Manufactured in Vietnam”, or “Origin from Vietnam”, is not an offense, said C03. C03 requested the General Department of Vietnam Customs to check components and parts imported by Asanzo after they had been cleared by the customs authorities to ensure the firm’s compliance with laws on … [Read more...] about Vietnam electronic firm Asanzo not committed trade fraud

In an interview granted to the Vietnam News Agency on the occasion of the 50th anniversary of the Vietnam - Malaysia diplomatic ties (March 30, 1973 - 2023), the diplomat also said the two countries entered into a strategic partnership in 2015, adding that implementing the Plan of Action (POA) for the 2021-2025 period, both countries are further strengthening bilateral relations and have reaped tremendous benefits. Two-way trade turnover reached some USD 19.4 billion in 2022, a 16% increase compared to 2021. Vietnam was Malaysia’s 12th-largest trading partner last year and fourth-largest in ASEAN, after Singapore, Indonesia, and Thailand. Malaysia and Vietnam should take full advantage of bilateral and multilateral initiatives to boost trade, such as the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the diplomat said. Regarding investment relations, he said Vietnam remains one of the most … [Read more...] about Vietnam one of Malaysia’s closest partners: Ambassador

"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

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

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

The partnership will enable Australian firms to strengthen business links and identify trade and investment opportunities in the energy sector in Vietnam. Australian experts have discussed the energy transition between Vietnam and Australia and introduced new energy technologies and solutions to its Vietnamese partners. Australian energy delegation and Vietnamese partners. Photos: Australian Embassy in Hanoi The discussion, which aims to promote cooperation on renewable energy, is included in a series of activities in Hanoi and Ho Chi Minh City this week launched by the Australian Energy Trade Mission to Vietnam, part of celebrations of the 50th anniversary of bilateral relations. The Energy Transformation Forum was held under the partnership between the Australian Government Trade and Investment Commission (Austrade) and Vietnam’s Ministry of Industry and Trade, and Vietnam Electricity Group (EVN). Like Vietnam, the Australian government has made a … [Read more...] about Australia provides energy expertise to Vietnam

Australian food and beverages showcased during an event in Hanoi as part of celebrations of 50th anniversary of Vietnam-Australia diplomatic relationship. (Photo courtesy of the Australian Embassy) HCM City (VNS/VNA) - Vietnam and Australia have great potential to expand cooperation in a range of sectors, especially agriculture and education, said Australian Ambassador to Vietnam Andrew Goledzinowski . The ambassador was speaking at an event on March 27 in Hanoi, which was organised to celebrate the 50th anniversary of diplomatic ties between Vietnam and Australia. The Australian Trade and Investment Commission (Austrade) is organising two roadshows in localities across Vietnam, including Hanoi, Hue, Da Nang in March and Ho Chi Minh City, Nha Trang and Can Tho in September. The roadshows will expand opportunities for Australian and Vietnamese partners in agrifood and education sectors to discuss commercial partnerships, according to Goledzinowski. “By unlocking new … [Read more...] about Roadshows to celebrate 50th anniversary of Vietnam-Australia partnership