When engaging in foreign economic policy which part of the government negotiates treaties

Vietnamese Deputy Defense Minister Senior Lieutenant General Hoang Xuan Chien and his Lao counterpart Lieutenant General Vongkham Phommakone co-chaired the event. At the dialogue, the two sides shared a common perception on the impacts of regional and global situations, the rise of non-traditional security challenges, major power’s growing competition for influence in Asia-Pacific. They agreed that in that context, ASEAN has continued to promote its centrality in the region, enhance dialogues and cooperation among ASEAN member states and other partners for regional peace and stability. The two sides spoke highly of the outcomes of their bilateral defense cooperation over the past time, especially the successful organization of nearly 30 big and meaningful activities in the Vietnam - Laos, Laos - Vietnam Year of Solidarity and Friendship in 2022. They also praised the two sides’ agencies and units for their great efforts and close coordination to fulfill the cooperation plan for … [Read more...] about Vietnam, Laos hold 3rd defense policy dialogue

Hanoi aims to become the leading locality in the development of cultural creative space. The various cultural heritages that exist in Hanoi have significant potential, serving as a foundation and resource for Hanoi's socio-economic growth, particularly in cultural tourism development. Overview of the conference. Photos: Lai Tan/The Hanoi Times Vice Chairman of the Hanoi People’s Committee Ha Minh Hai gave the remarks at an international conference titled “Promoting the role of world cultural and natural heritages in sustainable development for Hanoi” today [March 24]. Cultural heritages as invaluable assets According to Hai, Hanoi is positioned as the political-administrative center of Vietnam and is a significant center for culture, science, education, economy, communication, and international trade. Hanoi is also known as the "Heritage City" and is the leading locality in terms of the number of monuments, he said. “The city’s cultural heritage … [Read more...] about Cultural heritage to propel Hanoi’s future development

Deputy Prime Minister Tran Hong Ha speaks at the event (Photo: VNA) New York (VNA) – Vietnam pledges to further enhance cooperation with international organisations and partners, especially countries within the Mekong River Commission (MRC) and Mekong-Lancang cooperation mechanism, to achieve sustainable cross-border water development goals, Deputy Prime Minister Tran Hong Ha has said. Deputy PM Tran Hong Ha meets President of Tajikistan Emomali Rahmon (Photo: VNA) Within the framework of the event, Deputy PM Ha met with President of Tajikistan Emomali Rahmon and suggested both nations consider boosting cooperation in climate change adaptation and water resource management in the coming time. Deputy PM Tran Hong Ha and UNFPA Executive Director Natalia Kanem (Photo: VNA) In a meeting with Executive Director of the United Nations Population Fund (UNFPA) Natalia Kanem, Ha suggested the fund offer continued support to build and launch social social welfare policies … [Read more...] about Vietnam commits to cross-border water development goals: Deputy PM

The event, entitled “Offshore Renewable Energy: Opportunities and Challenges to Green Transition,” drew the virtual and in-person participation of more than 200 domestic and foreign experts. It was jointly organized by the Diplomatic Academy of Vietnam (DAV) and the Konrad Adenauer Stiftung Foundation (KAS). In his remarks, Assistant to Foreign Minister Nguyen Minh Vu expressed optimism about the development of renewable energy in general and wind power in particular. In the long term, offshore wind power will be cheaper than current fossil fuel-based energy sources, he said, adding that other types of offshore renewable energy are also becoming indispensable elements of the modern, blue economy. Vietnam is committed to joining the common effort of mankind to promote clean energy, as demonstrated through its commitments at the 26th U.N. Climate Change Conference of the Parties (COP26) and the Just Energy Transition Partnership (JETP), the official said. Vietnam is an attractive … [Read more...] about Ocean dialogue discusses offshore renewable energy potential

The National Assembly approved the 2023 budget of VND712 trillion ($30 billion), a significant increase from more than VND130 trillion ($5.5 billion) in 2022. The effective performance of public investment should be considered as a top political task for all levels and sectors in order to ensure a strong push for the socio-economic recovery of the country. The construction of Ring road No.2 section Vinh Tuy - Nga Tu Vong in Hanoi. Photo: Pham Hung Prime Minister Pham Minh Chinh stressed the view in Directive No. 08 on missions and tasks to promote public investment and economic development in 2023. This year, the Government set a target to disburse at least 95% of the public funds allocated for this year, which is more than VND676 trillion (US$28.47 billion). For the current year, the National Assembly has approved a budget of nearly VND712 trillion (US$30 billion), a significant increase of more than VND130 trillion (US$5.5 billion) over 2022 and VND250 … [Read more...] about Effective public investment as a top political mission: PM

Illustrative image (Photo: Bao Viet) Hanoi (VNS/VNA) - Experts have predicted that the health and vehicle insurance sectors will continue to serve as the primary growth drivers for non-life insurance in Vietnam this year. Data from the Vietnam Insurance Association reveals that non-life insurance and health insurance comprised the largest proportion of the insurance industry's premium revenue last year, accounting for approximately 33.2%, with revenue of 22.41 trillion VND. This represented a 24.3% increase from the same period in 2021. In the meantime, vehicle insurance generated a revenue of 18.1 trillion VND, comprising 26.8% of the overall market revenue and witnessing an 11.9% growth rate over the same period in 2021. Health and vehicle insurance products are expected to continue to increase this year, especially when the awareness of people and economic organisations about the role of insurance continues to be improved. Regarding health insurance, the … [Read more...] about Health, vehicles main growth drivers for non-life insurers in 2023