Asean china foreign ministers meeting

Hanoi (VNA) - Myanmar attracted investment capital of over 348 million USD from permitted foreign enterprises in the first quarter of the 2020-2021 fiscal year starting October, according to figures of the Directorate of Investment and Company Administration (DICA). In the reviewed quarter of the current fiscal year, the Myanmar Investment Commission (MIC) gave the go-ahead to 23 foreign investment enterprises. During the period, the manufacturing sector attracted most investment capital with over 158 million USD, followed by the hotel and tourism sector with more than 81 million USD and the electricity power sector, over 48 million USD, the DICA figures showed. In the last fiscal year, Myanmar attracted over 5.5 billion USD in investment from 245 permitted foreign enterprises. Singapore, China and Thailand are top leading investors in the Southeast Asian nation. Regionally, the Yangon region attracts 60 percent of the investment from both home and abroad, followed by Mandalay … [Read more...] about Myanmar attracts over 348 million USD in foreign investment in Q1

As public investment is a key measure to boost economic growth, faster disbursement of public funds, including ODA, is essential, Truong Hung Long, Director of the Department of Debt Management and External Finance under the Ministry of Finance, said, adding that it also reflects Vietnam’s ability to utilize funds it receives from investors and donors. … [Read more...] about Foreign aid disbursement falls way short of 2020 target

Indonesian Foreign Minister Retno Marsudi at the ceremony. Photo: Vietnam+ Meanwhile, Director General for Multilateral Affairs of the Indonesian Foreign Ministry, Ambassador Hasan Kleib said Indonesia has actively cooperated with other UN member countries over the past years. … [Read more...] about UN’s 71st founding anniversary marked in Indonesia

The VNCA highly appreciated the efforts made by the Vietnam Association of the Elderly (VAE) and its local chapters in creating conditions for the elderly to participate in cultural, musical and sports activities, while urging for more active support from all-level Party committees and authorities in the work. … [Read more...] about VIETNAM NEWS JANUARY 18

The 14th Shangri-La Dialogue ended in Singapore on May 31 with a message that dialogue is needed to build trust and transparency. German Defence Minister Ursula von der Layen said this is the first time German has joined the dialogue, which gives the country an opportunity to exchange experience and learn from other countries. She highlighted that transparency and trust building is key to cooperation, adding that together with security structure and mutual benefit they are the pillars for successful partnership. Sharing Layen’s opinion, New Zealand Defence Minister Gerry Brownlee said his country attaches much importance to the maintenance of peace, stability and prosperity in the region. Therefore, New Zealand wishes to engage more closely in regional security structure through bilateral and multilateral dialogues at all levels, he said. He also expressed concern on tension-causing acts on the East Sea, stressing that his country is willing to join hands in … [Read more...] about 14th Shangri-La Dialogue: dialogue to build trust, transparency