Vietnam cuba relations

General Director of the Vietnam News Agency (VNA) Vu Viet Trang (R) and Deputy Director of the Granma daily Arlin Alberty Loforte. (Photo:VNA) Hanoi (VNA) - General Director of the Vietnam News Agency (VNA) Vu Viet Trang on November 29 had a working session with a delegation of the Granma daily - the newspaper of the Communist Party of Cuba (PCC), led by its Deputy Director Arlin Alberty Loforte. According to Loforte, the Granma daily currently publishes 500,000 copies per day and distributed in 38 countries. It also produces radio and television programmes, as well as promotes its presence on social media. Granma wants to learn from experiences in developing model of convergence newsrooms, modern journalism and increase presence on social networks and other interactive information platforms in order to attract young people, and fight misinformation and slander by hostile forces, she said. Through the working visit to the VNA, the newspaper wishes to exchange … [Read more...] about Vietnam News Agency boosts cooperation with Cuban newspaper

The event was within the framework of the cooperation agreement with VASS, the RoK’s National Research Council for Economics, Humanities and Social Sciences as signatories. It was also among activities in celebration of the 30th anniversary of the Vietnam - RoK’s diplomatic relations. At the conference, participants heard that Vietnam and the RoK established their diplomatic ties in 1992. Since then, both countries have exerted all-out efforts to upgrade their relations to a “comprehensive cooperation partnership in the 21st century” in 2001, “strategic cooperative partnership” in 2009, and would-be “comprehensive strategic partnership” which has been agreed and supported by senior leaders of the two nations. Over the past three decades, the relationship between Vietnam and the RoK has constantly developed in a strong and rapid manner, reaping great achievements in different fields. Notably, after the establishment of the diplomatic relations, the two countries accelerated … [Read more...] about Int’l conference highlights 30 years of Vietnam – Republic of Korea relations

Foreign borrowing and inward investment give rise to new dollar liabilities. Dollar-constrained countries need to raise interest rates to attract borrowing, which slows economic growth. If the supply of dollars is insufficient, the government and monetary authorities may need to curtail demand and/or devalue the currency to reduce imports. But currency devaluation makes it hard to pay dollar debt with local currency earnings. Johnathan Pincus-Senior economist UN Development Programme Export growth equal to or greater than import growth is needed to sustain economic growth. Relevant factors are relative prices of imports and exports, price elasticities, rate of growth of domestic and foreign income, and income elasticity of demand for imports and exports. The country’s exports and imports will affect the sustainable rate of growth. Countries with a high-income elasticity of demand for imports will tend to grow more slowly (imports of fuel and consumer goods). Countries … [Read more...] about Dynamism underlined for Vietnam’s export economy

Corey To, an economist from the Hong Kong Trade Development Council (China) presents data on Vietnam's consumer market potential. (Photo: VNA) Hong Kong (VNA) - Vietnam's consumer market has great potential to grow, and the country has shown good resilience after the COVID-19 pandemic, according to Corey To, an economist from the Hong Kong Trade Development Council (China). trade relations between Vietnam and Hong Kong, he said. Vietnam ese consumers are increasingly wanting to own products with better quality, good prices and delivery conditions. Corey To said Hong Kong businesses should pay more attention to these opportunities./. VNA … [Read more...] about Hong Kong expert pins high hope on Vietnam’s consumer market potential

Hanoi will be home to a critical event in April 2023 that celebrates the 50th anniversary of the establishment of the Vietnam-France diplomatic relation. Hanoi will host the 12th conference to strengthen the partnership between localities of Vietnam and France in mid-April 2023, Vice Chairman of the People’s Committee Nguyen Trong Dong said during his official visit to the region of Ile-de-France last week. Vice Chairman of the Hanoi People's Committee Nguyen Trong Dong gives a present to Sophie Deschiens, a high-ranking commission of the region of Ile-de-France, on November 22. Photo: The Hanoi Times The event aims to celebrate the 50th anniversary of the establishment of the Vietnam-France diplomatic relationship and the 10th anniversary of establishing the Vietnam-France strategic partnership, Dong told a meeting with Sophie Deschiens, the region’s high-ranking commissioner in charge of the circular economy. Dong also suggested that the region of … [Read more...] about Hanoi to host the Vietnam-France partnership conference in 2023

A Vietnamese court has sentenced an Indian man to 15 years in prison for embezzling nearly US$78,000 from a Vietnam-based subsidiary whose parent company is an Indian firm where the man was deputy general director. Defendant Soumyodiptha Saha, 35, an Indian citizen, received the jail term at his first-instance trial held at the People’s Court of Ho Chi Minh City on Monday. The man was found to have appropriated the aforementioned amount from Ho Chi Minh City-based B9 Beverages Co., Ltd., whose parent company is B9 Beverages Pvt. Ltd. headquartered in India, according to the indictment. In 2019, B9 Beverages Pvt. Ltd. recruited Saha and appointed him deputy general director in charge of finance affairs, whose duties were to control financial transactions related to the  company’s subsidiaries in other countries, including B9 Beverages Co., Ltd. in Vietnam. The Vietnamese subsidiary opened an account at Standard Chartered Bank (Vietnam) Limited in Ho Chi Minh City, for its … [Read more...] about Indian senior executive gets 15 years for embezzling $78,000 in Vietnam

Participants in a group photo. (Source: VNA) HCM City (VNA) – The Institute of Cultural Exchange with France (IDECAF) held a ceremony in Ho Chi Minh City on November 29 to mark its 40th founding anniversary. The institute, under the management of the municipal Department of Foreign Affairs, has contributed to the friendship between Vietnam and France and other countries in the Francophonie Community through an array of activities like French language training, cultural events and overseas study consultation, said IDECAF Director Nguyen Ngoc Lan. Notably, last year, the institute opened a space that connects those who can speak French with French firms in the city, and cooperated with the French Chamber of Commerce and Industry to organise meetings between Vietnam ese students and French enterprises over labour demand. Vice Chairman of the municipal People’s Committee Vo Van Hoan lauded the institute as a cultural bridge between the two countries, helping to bring … [Read more...] about Institute serves as cultural bridge between Vietnam, France

The exchange aims to enhance understanding, build trust and create consensus between Vietnamese coast guards and law enforcement forces of other nations in the region, especially neighboring countries sharing sea border with Vietnam, in coordination in performing tasks for peace, prosperity, cooperation and development. The program will see the participation of law enforcement forces of seven countries, namely the Chinese Coast Guard, the Cambodian National Committee of Maritime Security, the Thai Maritime Enforcement Command Center, the Malaysian Maritime Enforcement Agency, the Indonesian Coast Guard, the Filipino Coast Guard, and the Vietnam Coast Guard. The exchange’s main activities include meeting with the Vietnamese Minister of National Defense, bilateral exchanges between the Vietnam Coast Guard and participating delegations, a banquet hosted by the Vietnam Coast Guard Command, and the "Vietnam Coast Guard and friends." During the program, participating delegations will … [Read more...] about “Vietnam Coast Guards and friends” exchange program to be held

Yamamoto Kenichi What is JICA’s expectation for Vietnam’s economic prospects for 2017? Before talking about the prospect, let me recall some significant challenges and achievements of Vietnam in 2016 as I believe they will pave the way for performance in 2017. In the first half of 2016, the economy experienced negative growth in the agriculture sector, due to severe drought and salinity intrusion. But the sector performance gradually improved in the later half. This suggests its potential to further contribute to Vietnam’s economic growth, if agriculture restructuring is properly implemented. In the context of sluggish global trade, Vietnam achieved an 8.6 per cent growth rate in export value in 2016. The actual economic growth rate in 2016 was 6.21 per cent, lower than the National Assembly’s targeted 6.7 per cent and the government’s expectation of 6.3-6.5 per cent. However, given the difficulties and challenges mentioned above, it is highly appreciated. I believe … [Read more...] about JICA upbeat over Vietnam prospects

Standing Deputy Minister of Foreign Affairs Nguyen Minh Vu (standing) speaks at the hybrid conference with overseas representative agencies of Vietnam on November 28. (Photo: baoquocte.vn) Hanoi (VNA) – The Ministry of Foreign Affairs held a hybrid conference with overseas representative agencies of Vietnam on November 28 with a view to promoting economic diplomacy. The conference, the first of its kind and to be held monthly, was chaired by Minister Bui Thanh Son and saw the presence of more than 90 ambassadors and heads of overseas representative agencies. Standing Deputy Minister of Foreign Affairs Nguyen Minh Vu, head of the steering committee for economic diplomacy, said economic diplomacy has had its focus opportunely shifted from vaccine diplomacy serving the fight against the COVID-19 pandemic to socio-economic recovery and development, which has effectively contributed to national achievements in the first 10 months of 2022. However, as the global economic … [Read more...] about Vietnam’s overseas representative agencies to step up economic diplomacy