Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn held talks on Thursday with Chinese State Councillor and Minister of Foreign Affairs Wang Yi as part of the former's visit to China. — VNA/VNS Photo BEIJING — Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn held talks with Chinese State Councillor and Minister of Foreign Affairs Wang Yi on Thursday in Hu Zhou City of China’s Zhejiang Province, during which they sought measures to bolster the Việt Nam-China comprehensive strategic partnership in the future and discussed a number of regional and international issues of shared concern. Both sides shared delight at the progress of the bilateral partnership this year despite the impacts of the COVID-19 pandemic, with regular meetings between leaders of the two Parties and States as well as ministries, sectors and localities. In the first 10 months of 2021, two-way trade rose 30 per cent year on year to US$133.65 billion, higher than the result recorded in the whole of 2020, …
Settling East Sea issues must be based on int’l law
The conference saw the in-person participation of more than 800 delegates and virtual attendance of over 400 others. In his speech, Dr. Pham Lan Dung, acting Director of the Diplomatic Academy of Vietnam (DAV), emphasized that nations have increasingly heightened the role and value of the establishment of legal frameworks for activities at sea and ocean to meet the common interest of the international community and littoral nations. Confirming the principle of addressing international disputes in general by peaceful means based on international law, Pawel Herczynski, Director for Common Security and Defense Policy and Crisis Response at the European Union (E.U.)'s External Action Service, said that E.U. always backs the settlement of disputes in the East Sea by peaceful means, adhere to international law, including UNCLOS 1982, and by internationally-built mechanisms. As a coordinator at the discussion session themed “Be fair to the truth: History and East Sea,” Dr. Erik Solheim, …
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Vietnam, China hold talks on maritime issues
A Vietnamese Coast Guard vessel monitors fishing vessels in the waters adjacent to the Gulf of Tonkin demarcation line. (Photo: VNA) Hanoi (VNA) – Vietnam and China held the 15th round of negotiations of the working group on the sea area beyond the mouth of the Gulf of Tonkin and the 12th round of talks of the working group for consultation on cooperation for mutual development at sea, both in the form of videoconference, on December 1. Gulf of Tonkin and cooperation for mutual development at sea in accordance with international law, especially the 1982 United Nations Convention on the Law of the Sea, to which both Vietnam and China are parties. China " in 2011, maintaining peace and stability in the East Sea (internationally known as South China Sea), and respecting international law. VNA …
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Việt Nam, China hold talks on maritime issues
Việt Nam Marine Police patrol the sea area of Việt Nam.— Photo nld.com.vn HÀ NỘI — Việt Nam and China held the 15th round of negotiations of the working group on the sea area beyond the mouth of the Gulf of Tonkin and the 12th round of talks of the working group for consultation on cooperation for mutual development at sea, both in the form of video conference, on Wednesday. The Vietnamese delegation was led by Trịnh Đức Hải, Vice Chairman of the National Boundary Commission under the Ministry of Foreign Affairs of Việt Nam, while the Chinese side was headed by Yang Renhuo, a representative for border and maritime issues at the Department of Boundary and Ocean Affairs under the Ministry of Foreign Affairs of China. In a friendly and sincere atmosphere, the two sides exchanged opinions on the two working groups’ activities. They had in-depth discussions on the delimitation of the sea area beyond the mouth of the Gulf of Tonkin and cooperation for mutual development at sea in …
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Vietnam, Australia to promote cooperation in various fields
Speaking at the event, General Chien expressed delight to meet the Australian official and highly appreciated the Australian Department of Defense’s proposal of donating medical equipment and supplies to Vietnam. He said that the deed demonstrates the mutual friendship and support between the Vietnamese Defense Ministry and the Australian Department of Defense. The Vietnamese Deputy Defense Minister expected to receive Australia’s assistance in accessing to vaccine sources and medical equipment for its COVID-19 pandemic prevention and control. He also hoped to receive further support from the nation for Vietnam in terms of U.N. peacekeeping operations, especially the upcoming deployment of the first Engineering Company to the United Nations Interim Security Force for Abyei (UNISFA). General Chien affirmed that Vietnam supports the ASEAN - Australia comprehensive strategic partnership and is ready to effectively implement the outcomes of the second informal ASEAN - Australia Defense …
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VIETNAM BUSINESS NEWS NOVEMBER 29
Online Friday 2021 to open on December 3 The Vietnam E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT) on November 26 announced an e-commerce week and the Vietnam Online Shopping Day – Online Friday 2021. The Online Shopping Week will be held from November 27 to December 5 while the Vietnam Online Shopping Day – Online Friday 2021 is scheduled for December 3 nationwide. Vietnam will work toward incorporating its Online Shopping Day with the online shopping event in the region to catch up with trans-border e-commerce trend as well as step up cashless payment, thus laying a foundation for authorities to suggest policies in support of enterprises in promotional activities. Consumers across the country could visit the website https://onlinefriday.vn and Online Friday app to acquire information about discounts and promotion programmes by participating firms and shop at websites and apps of others. The online shopping day was started in 2014./. …
VIETNAM BUSINESS NEWS NOVEMBER 28
November CPI up 0.32 percent The Consumer Price Index (CPI) in November was up by 0.32 percent compared to October, according to the General Statistics Office (GSO). It was driven by the hikes of prices of petrol and gas across the globe, as well as consumer goods and services in localities in the new normal. Among 11 groups of main commodities and services, nine experienced rising prices. In the first 11 months, the CPI went up 1.84 percent compared to the same period last year, the lowest level since 2016, attributed to the fuel price hikes by 30.32 percent year-on-year, after 20 adjustments. Housing and construction materials posted a year-on-year expansion of 6.8 percent and education grew 2.44 percent. Meanwhile, foodstuff inched down 0.52 percent and electricity prices dropped 1.06 percent against the same period last year. As COVID-19 prompted travel restrictions, air ticket prices fell 21.39 percent while travel package slipped 2.42 percent. Core inflation in …
VIETNAM BUSINESS NEWS DECEMBER 2
Vietnam among markets driving future trade growth: Standard Chartered A recent research by Standard Chartered has listed Vietnam among the 13 markets driving future trade growth, and with its enhanced integration into the global economy, the country is holding numerous advantages for bolstering export. In its research, titled “Future of Trade 2030: Trend and markets to watch”, the bank forecast Vietnam will record an average annual exports growth rate of 7 percent to earn 535 billion USD in revenue in 2030. Notably, up to 41 percent of the global firms surveyed by Standard Chartered are operating in Vietnam or planning to invest in the country in the next five to 10 years. The US and China will remain the largest export markets of Vietnam, respectively accounting for 26 percent and 19 percent of the Southeast Asian country’s total exports by 2030. Meanwhile, shipments to India are also projected to grow fast, by 11 percent annually between 2020 and 2030. With …