The Paris seminar aims to promote trade and investment between Vietnam and France. (Photo: VNA Paris (VNA) – France has major advantages in various areas which are also those prioritized by Vietnam in its FDI attraction policy, said Vietnamese Ambassador to France Dinh Toan Thang at a seminar in Paris on June 23. Co-presided over by Ambassador Thang and President of the French Chamber of Commerce and Industry in Vietnam (CCIFV) Thibaut Giroux, the event aimed to promote trade and investment between Vietnam and France. It also saw the presence of French Consul General in Ho Chi Minh City Emmanuel Pavillon Grosser and representatives from nearly 80 companies and investors from both sides. In his remarks, Thang highlighted Vietnam as one of the fastest-growing and most dynamic economies in ASEAN, saying the Government of Vietnam has been persistently improving legal framework to attract French investors in the fields of mutual interest, particularly hi-tech industries and … [Read more...] about Vietnam, France step up trade, investment cooperation
Vietnam seeks closer ties with australia
U.S., Japan, Australia, New Zealand and United Kingdom form Pacific group
The United States, Australia, Japan, New Zealand and the United Kingdom launched an informal group aimed at boosting economic and diplomatic ties with Pacific island nations, the White House said on Friday. The Biden administration has vowed to commit more resources to the Indo-Pacific as China seeks to boost economic, military and police links with Pacific island nations hungry for foreign investment. The group, dubbed Partners in the Blue Pacific (PBP), will seek to support Pacific regionalism and strengthen economic ties between the Pacific islands and the rest of the world. "We are united in our shared determination to support a region that benefits the peoples of the Pacific. We are also united in how we realize this vision -- according to principles of Pacific regionalism, sovereignty, transparency, accountability, and most of all, led and guided by the Pacific Islands," the White House said. White House Indo-Pacific coordinator Kurt Campbell said on Thursday he expects … [Read more...] about U.S., Japan, Australia, New Zealand and United Kingdom form Pacific group
Deputy PMs agree on measures for strengthening Vietnam – Cambodia links
The meeting between Deputy PMs Le Minh Khai and Men Sam An in Hanoi on June 24 (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Le Minh Khai had a working session with his visiting Cambodia n counterpart Men Sam An in Hanoi on June 24. Khai congratulated the Cambodian Government on the important achievements obtained under PM Hun Sen’s leadership, especially the success in COVID-19 containment and socio-economic reopening and recovery. Men Sam An, who is also Minister of the National Assembly - Senate Relations and Inspection of Cambodia, Vice President of the Cambodian People’s Party, and Chairwoman of the Cambodia - Vietnam Friendship Association, expressed her honour to represent the Cambodian Government to attend and deliver remarks at the ceremony marking the 55th founding anniversary of the countries’ diplomatic ties held in Hanoi earlier the same day. Saying she is impressed with Vietnam’s all-round attainments over the past years, she expressed her belief that … [Read more...] about Deputy PMs agree on measures for strengthening Vietnam – Cambodia links
Vietnam agriculture ministry urges aid for fishermen as rising fuel prices keep them ashore
The constant rise in fuel prices has caused up to 55 percent of 99,000 fishing boats throughout Vietnam to stay ashore to avoid losses, according to the Ministry of Agriculture and Rural Development, which is calling for financial supports for fishermen. Fuel has become a so huge expense that many fishermen in the country are having trouble making a living. Gasoline and oil demand for fishing activities averages out at 330 million liters per month, according to the agriculture ministry, while the price of diesel 0.05S, the main fuel for fishing vessels, has spiked by 65 percent, or VND11,441 (US$0.49) per litter, since December 2021. In total, fuel costs needed to maintain normal fishing activities have skyrocketed by about VND3.776 trillion ($162.4 million) a month. While fuel costs usually account for 45-60 percent of fishing expenses, the other costs have also increased by 10-15 percent, raising the total expenses by 35-48 percent on average. Meanwhile, the increase in … [Read more...] about Vietnam agriculture ministry urges aid for fishermen as rising fuel prices keep them ashore
Australia supports Vietnam build circular economy
The Plastics Innovation Hub aims to reduce plastic waste in Vietnam by driving collaboration and promoting using science and innovation. The hub is an initiative of Aus4Innovation – a development assistance program sponsored by the Australian Department of Foreign Affairs and Trade and managed by the Commonwealth Scientific and Industrial Research Organization (CSIRO) – Australia’s national science agency, in strategic cooperation with Vietnam’s Ministry of Science and Technology. According to Mr. Kim Wimbush, Director of Aus4Innovation Program, scientific, technological and innovative solutions will support the Vietnamese government to reach its targets in dealing with plastic waste and building a circular economy. Moreover, he emphasized that reducing plastic waste will help Vietnam obtain economic and environmental advantages. Also, promoting collaboration with nations in the region will offer Vietnam new approaches to reduce plastic waste and support its commitments to … [Read more...] about Australia supports Vietnam build circular economy
Gov’t leader receives visiting Cambodian Deputy Prime Minister
PM Pham Minh Chinh (R) welcomes Cambodian Deputy PM Men Sam An in Hanoi on June 24. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh on June 24 received Cambodian Deputy Prime Minister Men Sam An, who is paying an official visit to Vietnam. PM Chinh welcomed his guest, who represented the Cambodian Government to attend and deliver remarks at a Hanoi ceremony marking the 55th founding anniversary of the countries’ diplomatic ties earlier the same day, and appreciated her major contributions to bilateral relations. He expressed his delight at the recent progress in the friendly neighbourliness and comprehensive cooperation between the two countries. Bilateral trade grew 19% year on year in the first five months of 2022 to 5.44 billion USD; the number of Vietnamese tourists to Cambodia topped 46,000 in the first quarter, making Vietnam the largest source of foreign visitors there; and cooperation in defence, security, education - training, and transport has been … [Read more...] about Gov’t leader receives visiting Cambodian Deputy Prime Minister
Indian naval ships start three-day visit to HCM City
Vessel INS KADMATT at Nha Rong Wharf on June 24 (Photo: VNA) HCM City (VNA) – Two Indian naval ships carrying with more than 500 crewmembers arrived at Nha Rong Wharf on June 24, beginning a three-day friendship visit to Ho Chi Minh City . The visit by the INS SAHYADRI and INS KADMATT is part of bilateral defence cooperation activities to enhance ties between the two navies and also mark the 50th anniversary of the countries’ diplomatic relations this year. During their stay, the Indian delegation is set to pay courtesy calls to HCM City leaders, visit the high commands of Military Region 7 and Naval Region 2, pay tribute to Vietnam’s late President Ho Chi Minh, visit local historical relic sites, and take part in sport exchanges with officers and soldiers of Naval Region 2. The India n ships will also join the Vietnam People’s Navy in a joint passage exercise (PASSEX). Rear Admiral Sanjay Bhalla (L), Commander of the Indian Navy’s Eastern Fleet, is … [Read more...] about Indian naval ships start three-day visit to HCM City
Indian naval ships begin three-day visit to Ho Chi Minh City
Two Indian naval ships, INS Sahyadri and INS Kadmatt, carrying more than 500 crew members arrived at Nha Rong Wharf on Friday, marking the start of a three-day friendship visit to Ho Chi Minh City. The visit is part of bilateral defense cooperation activities to enhance ties between the two navies and also mark the 50th anniversary of the countries’ diplomatic relations this year. During their stay, the Indian delegation is set to pay courtesy calls to Ho Chi Minh City leaders, visit the high commands of Military Region 7 and Naval Region 2, pay tribute to Vietnam’s late President Ho Chi Minh, visit local historical relic sites, and take part in sport exchanges with officers and soldiers of Naval Region 2. The Indian ships will also join the Vietnam People’s Navy in a joint passage exercise (PASSEX). Indian naval ship INS Kadmatt arrives at Nha Rong Wharf, Ho Chi Minh City, June 24, 2022. Photo: Quang Dinh / Tuoi Tre Addressing a press meeting held on INS … [Read more...] about Indian naval ships begin three-day visit to Ho Chi Minh City