The 18th ASEAN-India took place on Thursday via videoconference. — VNA/VNS Photo Dương Giang HÀ NỘI — Vietnamese Prime Minister Phạm Minh Chính participated in the 18th India-ASEAN Summit held via conference on Thursday, alongside other ASEAN leaders and Indian PM Narendra Modi. At the summit, the two sides highly valued the ASEAN-India relationship, ASEAN’s sixth largest trading partner and seventh largest investor into ASEAN with total capitals in 2020 nearly quadrupling 2018’s figure, hitting US$2.06 billion. The two sides agreed to continue to support each other in COVID-19 response and promote inclusive recovery by enhancing trade and investment exchanges, strengthening regional supply chains, and facilitating trade and goods, helping businesses access each other's markets, and effectively implementing the ASEAN-India Free Trade Area (AIFTA). ASEAN countries pledged to make effective use of the US$1 billion credit that India committed for …
What effects climate change
USAID announces renewable energy transaction assistance for Vietnam
The United States Agency for International Development (USAID) on Thursday announced USD860,000 in assistance for three renewable energy projects in Vietnam. The new funding which was announced during the fourth Indo-Pacific Business Forum, supports USAID’s ongoing efforts to reduce risk and transaction costs for project developers to encourage increased private sector investment in Vietnam’s renewable energy development - a key driver of economic growth and resilience. The new funding announced today will support the TSV and Asia Renewables’ onshore wind farms (350MW) in Gia Lai province, including producing an optimized wind turbine generator layout design, conducting a finance-grade pre-construction energy yield assessment, the preparation of pre-construction documentation, and the development of the necessary tendering package for construction. Besides, the funding will also go to the INGINE Pacific's pilot off-grid wave technology on Ly Son Island, Quang Ngai …
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PM attends 16th East Asia Summit
Prime Minister Pham Minh Chinh attends the 16th East Asia Summit on October 27 (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh on October 27 evening attended the 16th East Asia Summit (EAS), which gathered leaders of 10 ASEAN member states and their partners, including China, Japan, the Republic of Korea, Australia, New Zealand, India, Russia and the US, and the ASEAN Secretary General. He stressed the need for EAS countries to continue enhancing their strategic role in promoting transparent behaviour and frank dialogue, building trust, harmonising differences and increasing the sharing of responsibility in order to contribute to maintaining a peace and stable environment, and win-win cooperation in the region and the world. He suggested countries join hands in managing changes in an appropriate and effective way; promote multilateral cooperation, policy harmonisation, and action coordination to effectively respond to emerging challenges, prevent the risk of …