Prime Minister Pham Minh Chinh (R) and US National Security Advisor Jake Sullivan. (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh has proposed relevant agencies of Vietnam and the US work together to complete new cooperation frameworks to lay a foundation for the two sides further promote and deepen bilateral cooperative relations, especially in the strategic fields of science-technology; innovation, green growth; sustainable and green energy transition; response to climate change; and cyber security. PM Chinh, who has been in New York to attend the high-level week of the 78th session of the United Nations General Assembly, made the suggestion while hosting a reception for US National Security Advisor Jake Sullivan on September 20. The move aims to realise the outcomes of the recent state visit to Vietnam by US President Joe Biden, he said, hailing the US National Security Council’s support to bolster the Vietnam – US relations over the past years. The PM … [Read more...] about PM receives US National Security Advisor in New York
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Vietnamese PM meets global leaders in New York
PM Pham Minh Chinh (R) meets with First Secretary of the Communist Party of Cuba and President of Cuba Miguel Díaz-Canel in New York on September 20. (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh met with global leaders in New York on September 20 afternoon (local time), on the sidelines of the high-level week of the 78th session of the United Nations General Assembly . Talking to First Secretary of the Communist Party of Cuba and President of Cuba Miguel Diaz-Canel, PM Chinh affirmed that the Party, State, Government, National Assembly, and people of Vietnam never forget Cuba’s wholehearted assistance for Vietnam’s struggle for national liberation, always treasure and stay determined to further intensify the traditional solidarity and comprehensive cooperation between the two countries, and support the just revolutionary cause of the Cuban people. He underlined Vietnam’s consistent stance of not supporting but demanding the unilateral sanctions against Cuba … [Read more...] about Vietnamese PM meets global leaders in New York
Thailand to borrow over 66 billion USD for fiscal year 2024
Illustrative image (Photo: www.investing.com) Hanoi (VNA) - The Thai government plans to borrow about 2.4 trillion THB (nearly 66.65 billion USD) for the 2024 fiscal year starting October 1, up about 9% from the current year, according to market sources briefed by the Ministry of Finance. More than 700 billion THB of the total will be fresh borrow ing to finance the budget deficit, and about 1.7 trillion THB will be earmarked for refinancing and restructuring existing debts . About half of the funding sought will be raised through government bond sales, while the rest will be financed via treasury bills, savings bonds, bond switches and promissory notes. The government plans to sell up to 272 billion THB of government bonds in the last quarter of this year. The new cabinet of Thailand approved higher budget spending of 3.48 trillion THB for fiscal year 2024, along with a larger budget deficit of 693 billion THB, to revive the economy. According to Thai … [Read more...] about Thailand to borrow over 66 billion USD for fiscal year 2024
SpaceX targets $500 million investment in Vietnam
During the 78 th UN General Assembly High-Level Week in New York, Vietnamese Prime Minister Pham Minh Chinh met with top executives from global giants, including the space exploration tech firm SpaceX on September 20. In a notable discussion, PM Chinh met with Tim Hughes, senior vice president in charge of Global Business and Government Affairs at SpaceX. During their conversation, Hughes said, "SpaceX is planning an investment of approximately $500 million in Vietnam, and we're keen on obtaining a licence to introduce our Starlink services in the country." Chinh warmly welcomed SpaceX's proactive investment proposal and encouraged the company to "coordinate with Vietnamese agencies and relevant entities to expedite the project's deployment." Additionally, it's essential to consider competitive pricing to align with Vietnam's developmental objectives and legal framework," Chinh said. The PM emphasised the need for SpaceX to collaborate with Vietnam's Ministry of Planning … [Read more...] about SpaceX targets $500 million investment in Vietnam
PM meets US Treasury Secretary, leaders of economic groups
Prime Minister Pham Minh Chinh (R) and Treasury Secretary Janet Yellen . (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh met with Treasury Secretary Janet Yellen in New York on September 20 (local time) to discuss cooperation between Vietnam and the US in economy and finance, and to share views on other issues of shared concern. The meeting took place as part of the Vietnamese leader’s trip to the US for the high-level week of the 78th session of the United Nations General Assembly, and bilateral activities in the country. Chinh affirmed that Vietnam considers the US a leading important partner, and stands ready to work together with the country to promote the bilateral relationship intensively, extensively, stably, and practically. Vietnam also regards cooperation in economy, finance, trade and investment as a priority of the bilateral comprehensive strategic partnership, and highly valued substantive contributions by Yellen and the US Department of the … [Read more...] about PM meets US Treasury Secretary, leaders of economic groups
Vietnam becomes one of first nations to sign High Seas Treaty
Signing the agreement signaled that Vietnam is an active and responsible member of the international community. Vietnamese Foreign Minister Bui Thanh Son signed the United Nations Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (The High Seas Treaty) on September 20, making Vietnam one of the first countries to join the internationally legally binding instrument under the 1982 United Nations Convention on the Law of the Sea (UNCLOS). Vietnamese Minister of Foreign Affairs Bui Thanh Son signs the United Nations' Treaty of the High Seas. Photo: VNA As part of Prime Minister Pham Minh Chinh's working trip to the United Nations General Assembly High-Level Week, the signing of the treaty conveyed the message that Vietnam is a positive and responsible member of the international community and that the country is committed to joining hands with countries to address global issues and contribute … [Read more...] about Vietnam becomes one of first nations to sign High Seas Treaty
Beijing, Moscow must deepen cooperation: China foreign minister
In this pool photograph distributed by Russian state owned Sputnik agency on September 20, 2023, Russia's President Vladimir Putin (R) shakes hands with China's Foreign Minister Wang Yi, in Saint Petersburg. Photo handout via AFP Speaking at a meeting with Putin in Saint Petersburg, at which the Russian leader accepted an invitation to visit China next month, Wang Yi said the "world is rapidly moving toward multipolarity." "Economic globalization is progressing against headwinds, unilateral actions are unsustainable, and hegemonism is not popular," Wang said, according to an English readout by Beijing's Xinhua news agency. "Both sides need to strengthen their multilateral strategic cooperation, protect their legitimate rights and interests, and make new efforts to promote the international order toward fairness and justice," he added. Putin, in response, told Wang "our positions coincide regarding the emergence of a multipolar world," according to a readout from the … [Read more...] about Beijing, Moscow must deepen cooperation: China foreign minister
Thousands of suppliers join Food Ingredients Asia 2023, Vitafoods Asia 2023
Thousands of suppliers and visitors join "Food Ingredients Asia 2023" and "Vitafoods Asia 2023" According to information from the organiser-Informa Markets, over 1,000 local and international food entrepreneurs from more than 45 countries around the globe joined “Fi Asia 2023” (Food Ingredients Asia 2023), as well as "Vitafoods Asia 2023". Vitafoods Asia 2023 is Asia’s No.1 exhibition on dietary supplements and ingredients. The event covers the the entire supply chain for the 'nutraceutical' industry. Vinafood Asia was inaugurated in 2011, in Hong Kong with the goal to promote the 'nutraceutical' industry for people’s better health through science and innovation. In 2022, Vitafoods Asia was held in Thailand for the first time. Meanwhile, Fi Asia 2023 looks to heighten the reputation of an event that unlocks opportunities for entrepreneurs to share and update global food trends, aiming at amplifying potential and ensuring local raw material and beverage operators are … [Read more...] about Thousands of suppliers join Food Ingredients Asia 2023, Vitafoods Asia 2023
AkzoNobel awarded certificate for paint product
Interpon powder coating is one of AkzoNobel 's key product lines, designed for high coverage, safeguarding buildings, residential projects, and global landmarks. The product was developed to facilitate surplus paint reuse, thereby reducing both costs and carbon emissions to the environment. Exceeding rigorous criteria, adhering to strict evaluation and testing procedures lasting up to 4,000 hours (equivalent to nearly six months), Eurowindow is among the few businesses in Vietnam certified for utilising the Interpon D3020 electrostatic powder paint line, with a warranty period up to 30 years. As a paint and coatings company that emphasises minimising negative environmental impacts during product development, AkzoNobel focuses on collaborating with partners who share the same sustainability criteria and commitments. AkzoNobel highly values the cooperation with Eurowindow, contributing not only to the modernisation of numerous projects in Vietnam, but as two companies share … [Read more...] about AkzoNobel awarded certificate for paint product
Phu Nhuan Jewelry embraces cloud computing strategy
Phu Nhuan Jewelry transforms its business operations with a cloud computing strategy Vietnam-based company, Phu Nhuan Jewelry (PNJ), has been consistent in its commitment to providing the highest quality products and services to customers whilst also being sustainable. To maintain its competitiveness in the market, the company has been implementing its retail strategies to get closer to its customers and provide a more complete, multi-faceted, and seamless shopping journey. Its cloud computing strategy, in particular, has accelerated the company's goals for the past two years. Before implementing the cloud computing strategy, PNJ had difficulty meeting the actual needs of the company's retail operations, especially during the peak season. For instance, on God of Fortune Day, many Vietnamese people would go to PNJ to buy gold, but heavy shopping made the experience inconvenient. PNJ has resolved this situation with comprehensive cloud-based solutions. Using the most advanced … [Read more...] about Phu Nhuan Jewelry embraces cloud computing strategy