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In an article in late December focused on Vietnam’s strong economic growth in 2022, S D Pradhan, who once served as chairman of India’s Joint Intelligence Committee, pointed out many bright prospects for cooperation in the economic sphere between the two countries. He mentioned the potential of cooperation in IT and engineering. “India can help provide skill training to Vietnamese on a larger scale. In the digital sector, India’s assistance can be of great value to Vietnam for enhancing the ease of doing business,” Pradhan wrote. Vietnam-India cooperation blossoming in technology and engineering spheres, illustration photo/ Le Toan Vietnam has set priorities at the 13th National Party Congress that include national digital transformation, developing a digital-based economy, greater stress on science and technology, and creating a conducive environment for business development and manufacturing. Vietnam is accelerating its digital transformation trajectory towards … [Read more...] about Vietnam-India cooperation blossoming in technology and engineering spheres

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

In 2024, Vietnam's tourism revenues are expected to reach US$11 billion, which will surpass the pre-pandemic amount of $10.8 billion in 2019. Vietnam’s tourism industry is forecast to strongly grow in the coming five years, with more than 22 million foreign visitors and total revenue of US$13.2 billion. The prediction was made by Fitch Solutions’ latest report. “It’s a rosy outlook for a country that’s heavily dependent on international travelers and their spending,” the report noted. The British market research firm reckoned that by 2024, revenue from tourists in Vietnam is expected to reach $11.1 billion, which will surpass the pre-pandemic levels of $10.8 billion in 2019. The report is based partly on positive Vietnam’s tourism performance last year, local insiders said. Foreign visitors arrive at Cam Ranh Airport, Khanh Hoa Province. Photo: The Hanoi Times Stronger breakthroughs The year 2022 marked the spectacular return of the tourism … [Read more...] about Vietnam’s tourism forecast to strongly rebound in five years

Speaking at the opening ceremony of the expo, Vietnamese Defense Minister General Phan Van Giang expressed his hope that the event would be a gathering for senior defense leaders to meet and discuss issues related to security, defense and other aspects, contributing to enhancing mutual understanding for peace and stability in the region and the world. His hope came true and could be seen in three aspects, including the increasing international position and supports for Vietnam, the expanded opportunities for cooperation and development of defense industry; the reinforced trust of Vietnamese people on the capability of the Vietnam People’s Army. Attraction of Vietnam The expo would have been held in 2020 if the COVID-19 pandemic had not suddenly broken out. Previously, the Vietnam side had planned to invite foreign guests, even to organize an impressive international fleet review in Vietnam for the first time. Therefore, when the pandemic was under control, the Vietnamese Ministry … [Read more...] about Breakthroughs of defense external affairs in 2022