At the meeting, Duong Dinh Bang, Interim Chairman of the Vietnamese Business Association for Cooperation and Investment in Laos, said the Lao Government is amending legal regulations so as to improve the investment climate. Besides, many agreements between the two countries have also created an optimal legal corridor for Vietnamese firms’ investment in Laos. However, he admitted that investment relations still fall short of expectations and have yet to match the political and diplomatic ties. Representatives of the Vietnamese enterprises submitted several proposals to Lao and Vietnamese authorities so as to help facilitate bilateral investment and trade partnerships. Appreciating the companies’ opinions, Lao Deputy Prime Minister Sonexay Siphandone said Vietnam is currently the third biggest foreign investor in his country with total investment of 4.6 billion USD, and that Vietnamese firms’ projects have been greatly helping with local socio-economic development. For his part, … [Read more...] about Businesses urged to help make breakthroughs in Vietnam – Laos economic ties
Cooper surgical business development
Mekong Delta hoped to see development breakthroughs
Fishing on a flooded field in Vi Thuy district of the Mekong Delta province of Hau Giang (Photo: VNA) Hanoi (VNA) – The Politburo recently issued Resolution No. 13/NQ-TW on orientations for socio-economic development and defence - security safeguarding in the Mekong Delta until 2030, with a vision to 2045, aiming to make development breakthroughs across the region. The Mekong Delta comprises Can Tho city and the provinces of An Giang, Dong Thap, Long An, Tien Giang, Vinh Long, Ben Tre, Tra Vinh, Soc Trang, Hau Giang, Bac Liêu, Ca Mau and Kien Giang. It is one of the largest and most fertile deltas in Southeast Asia and the world. At a conference on the implementation of Resolution No. 13/NQ-TW on April 22, Party General Secretary Nguyen Phu Trong emphasised several advantages of this region, including its strategic location. The Delta is next to the southeastern region, including Ho Chi Minh City - the southern economic hub of Vietnam, and adjacent to Cambodia … [Read more...] about Mekong Delta hoped to see development breakthroughs
Seminar connects Vietnamese, US agricultural businesses
Illustrative image (Photo: VNA) Washington D.C – Vietnamese Minister of Agriculture and Rural Development Le Minh Hoan and Marc Mealy, Senior Vice President for Policy at the US-ASEAN Business Council (USABC), co-chaired a seminar connecting agricultural enterprises of Vietnam and the US on May 13 in Washington D.C. The event took place on the sidelines of Prime Minister Pham Minh Chinh’s trip to the US to attend the ASEAN-US Special Summit. It was attended by representatives from agencies, businesses and associations in the agricultural sector of the two countries and several banks and investment funds, and representatives from some major US industry associations such as the Soybean Export Council, the Grains Council, the National Pork Producers Council and multinational agricultural corporations. At the seminar, a representative of the Ministry of Agriculture and Rural Development informed participants about the priority strategy for the development of Vietnam's agricultural … [Read more...] about Seminar connects Vietnamese, US agricultural businesses
President calls for stronger Việt Nam-Indonesia defence cooperation
President Nguyễn Xuân Phúc received Indonesian Minister of Defence Prabowo Subianto on Friday in Hà Nội as part of the latter's visit to Việt Nam. — VNA/VNS Photo HÀ NỘI — President Nguyễn Xuân Phúc on Friday called on the defence ministries of Việt Nam and Indonesia to bolster consultations and support each other at multilateral forums, and maintain the common stance of ASEAN on regional issues, including the South China Sea. He made the call while hosting a reception for Indonesian Minister of Defence Prabowo Subianto, during which he underlined the countries’ mechanisms such as the defence policy dialogue play a major role in exchanging viewpoints, handling bottlenecks and promptly guiding bilateral defence ties. He hailed the official Việt Nam visit by Subianto and a high-ranking delegation of the Indonesian Defence Ministry to attend the ongoing SEA Games 31, saying it would promote bilateral defence cooperation in a practical and effective manner, contributing to the Việt … [Read more...] about President calls for stronger Việt Nam-Indonesia defence cooperation
Vietnam, US hold potential in expanding economic, business collaboration
Prime Minister Pham Minh Chinh (second from left) meets US businesses, investors (Photo: VNA) Hanoi - The United States and Vietnam have a lot of potential to expand their business and trade cooperation in such fields as agriculture, life sciences and energy transition, according to President and CEO of the Business Council for International Understanding (BCIU) Peter Tichansky. The economic and business cooperation between the two countries is developing strongly and will grow even further, Tichansky said in an interview granted to Vietnam News Agency correspondents in New York on the occasion of Vietnamese Prime Minister Pham Minh Chinh’s working trip to the US. The BCIU’s member companies are placing a very high priority on cooperation with Vietnamese partners, he stated, adding that the council wishes to work closely not only with existing but also with future Vietnamese partners. He appreciated the Vietnamese Government for listening to proposals by the council’s member … [Read more...] about Vietnam, US hold potential in expanding economic, business collaboration
Cooperation in planning, investment helps boost Laos-Việt Nam ties: Lao minister
Wood chíps loaded at Vũng Ánh Port in the central province of Hà Tĩnh. Photo haiquanonline.com.vn HÀ NỘI — Results of cooperation between the Ministries of Planning and Investment, as well as the Cooperation Committees of Laos and Việt Nam in recent years have made important contributions to the development of the two countries’ relations, Lao Minister of Planning and Investment Khamjane Vongxa said on Friday. In an interview granted to the media of both countries, Minister Khamjane stated that 2022 is a year of great historical significance when the Lao Party, army and people are co-ordinating with the Vietnamese side in carrying out many practical activities to celebrate the Laos-Việt Nam Friendship and Solidarity Year marking 60 years of the establishment of diplomatic relations and 45 years of the signing of the Treaty on Amity and Co-operation between the two countries. In 2021, despite complicated developments in the regional and world situations, the bilateral great … [Read more...] about Cooperation in planning, investment helps boost Laos-Việt Nam ties: Lao minister
Greek President’s Việt Nam visit expected to deepen multi-faceted cooperation
Greek President Katerina Sakellaropoulou arrived in Hà Nội's Nội Bài International Airport on Sunday, beginning her official visit to Việt Nam. VNA/VNS Photo HÀ NỘI — Greek President Katerina Sakellaropoulou arrived in Hà Nội on Sunday, beginning her official visit to Việt Nam at the invitation of Vietnamese President Nguyễn Xuân Phúc. Within the framework of the five-day visit, the Greek President will visit the Monument to Heroic Martyrs and Hồ Chí Minh Mausoleum, hold talks with President Nguyễn Xuân Phúc, pay a courtesy visit to Party General Secretary Nguyễn Phú Trọng, and meet with Chairman of the National Assembly Vương Đình Huệ. She will also attend a document signing ceremony and meet with the press, visit the Temple of Literature and attend some local events. The visit is expected to contribute to consolidating political trust and deepening the multi-faceted cooperation between the two countries. The visit takes place in the context that the traditional friendship … [Read more...] about Greek President’s Việt Nam visit expected to deepen multi-faceted cooperation
ASEAN leaders meet with US business community
ASEAN leaders meet with US business community (Photo: VNA) Washington D.C (VNA) - Vietnamese Prime Minister Pham Minh Chinh and leaders of member states of the Association of Southeast Asian Nations (ASEAN) had a meeting with the US business community on May 12 (US time) within the framework of the ASEAN-US Special Summit. ASEAN and those from leading US corporations will share common visions and concerns, and jointly seek ways to promote sustainable development and strengthen resilience for their countries’ economies. ASEAN leaders affirmed that the group attaches importance to cooperation with the US Government and business community, and pledges to create a healthy environment and favourable conditions for US companies to develop and expand investment, especially cooperation in the post-COVID-19 economic recovery; fostering common benefits, and deepening ASEAN-US economic relations in all fields. VNA … [Read more...] about ASEAN leaders meet with US business community
Vietnam PM hails ASEAN-US maritime cooperation
Leaders of the U.S. and the 10-country Association of Southeast Asian Nations (ASEAN) attended the official working sessions of the ASEAN-US Special Summit on May 13 (Saturday morning Hanoi time). During the summit, the U.S. announced a series of new initiatives, including a $60 million package to expand maritime cooperation, which will entail helping ASEAN countries counter illegal fishing and deploying U.S. Coast Guard personnel to the Indo-Pacific to support maritime training. The administration of U.S. President Joe Biden says the initiative aims to "promote a free and open Indo-Pacific." The United States also affirmed its support for ASEAN's stance on the South China Sea, known as the East Sea in Vietnam, and welcomed ASEAN’s efforts to promote cooperation, dialogue and confidence building in the region, and strive to build an effective and efficient Code of Conduct (COC) in line with the United Nations Convention on the Law of the Sea 1982 (UNCLOS). At a discussion … [Read more...] about Vietnam PM hails ASEAN-US maritime cooperation
Climate change response among AFD’s cooperation priorities in Vietnam
AFD Executive Director Philippe Orliange (left) has recently paid a working visit to Vietnam. (Photo: VNA) Hanoi (VNA) – Responding to climate change, reducing greenhouse gas emissions and adapting to climate change impacts are among priorities of the French Development Agency (AFD)’s cooperation priorities in Vietnam, AFD Executive Director Philippe Orliange has affirmed. Such cooperation priorities completely match commitments made by Vietnamese Prime Minister Pham Minh Chinh at the 26th United Nations Climate Change Conference of the Parties ( COP26 ) in Glasgow, Scotland (the UK), last November, Orliange said in an interview with the press. The AFD Executive Director, who has recently paid a working visit to Vietnam, also lauded the Vietnamese government’s strong commitments at COP26. Under the cooperation strategy, the AFD has promoted in-depth discussions with Vietnam’s government agencies on policies regarding climate change impacts, during which … [Read more...] about Climate change response among AFD’s cooperation priorities in Vietnam