Vietnam believed that developing countries need to join hands to strengthen the global foundational elements for better development. Global South countries need a common voice to make substantial contributions to the promotion of multilateralism, the Vietnamese President said at the Voice of the Global South Summit hosted by India. Vietnam's President Nguyen Xuan Phuc at the Voice of the Global South Summit held by India on Jan 12-13. Photo: Embassy of India in Hanoi President Nguyen Xuan Phuc addressed the Inaugural Leaders’ session of the summit hosted by India’s Prime Minister Narendra Modi, which is aimed at advancing the role of developing nations in global discourse coinciding with India’s G20 Presidency 2023. “In this context of multi-crisis, multi-challenging, and multi-transformation, we must join hands to strengthen the global foundational elements for peace and prosperity,” Phuc said at the event attended by 125 countries, the largest-ever virtual … [Read more...] about Common voice matters to Global South countries: Vietnam President
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Top Korean legislator’s visit to create impetus for common goals: scholar
Choe Won-gi, head of the Centre for ASEAN–India Studies at the Korea National Diplomatic Academy (left) talks with Vietnam News Agency reporter. (Photo: VNA) Seoul (VNA) – The ongoing official visit to Vietnam by Speaker of the Republic of Korea (RoK)’s National Assembly (NA) Kim Jin-pyo is expected to create momentum for the two countries to fulfill their common goals, a scholar has said. The visit, from January 12-18, is made the invitation of Chairman of the Vietnamese NA Vuong Dinh Hue. This is the first of such visit to Vietnam by Kim since he took office in July 2022 and also the first by a senior leader of the RoK since the two countries upgraded their relations to a comprehensive strategic partnership in December 2022. In an interview granted to the Vietnam News Agency, Dr. Choe Won-gi, head of the Centre for ASEAN–India Studies at the Korea National Diplomatic Academy (KNDA), said a highlight of the visit is Kim’s attendance at the inauguration … [Read more...] about Top Korean legislator’s visit to create impetus for common goals: scholar
Vietnam likely to become next Asian industrial hotspot
Indian news outlet stattimes.com recently published an article saying Vietnam is likely to become a burgeoning industrial hub, especially for tech and apparel, as well as its beautiful beaches and delicious cuisine. The newswire pointed out that while parts of Asia are still in the process of recovering from the global pandemic, the Vietnamese economy has boomed, reaching an impressive 8% growth last year, faster than other major regional economies in Asia, including India, Japan, and China. In addition, export revenue hit US$372 billion, an annual rise of 10%. The Indian news outlet attributed the boom for Vietnamese industry to the disruption to supply chains occurring on the Chinese Mainland, Asia’s largest manufacturing hub, particularly as factories were subject to shutdowns during the COVID-19 pandemic. As a result, companies turned to alternative locations as a means of continuing and diversifying their production streams. According to the publication, the country boasts a … [Read more...] about Vietnam likely to become next Asian industrial hotspot