Cooperation

A plan to develop a self-reliant industry put forward by Truong Hai Auto Corporation (THACO) is winning the approval of many other Vietnamese enterprises and received positive feedback for further improvement. Doan Vo Khang Duy, deputy chairman of the Ho Chi Minh City Association of Mechanical and Electrical Enterprises (HAMEE) and director of Ameco Industrial JSC, highly appreciated THACO’s initiative, which is called the ‘one-stop’ model. Substantial synergies The model, which encourages cooperation among Vietnamese enterprises to increase Vietnamese industry’s self-reliance, has proved a success in other countries, according to Duy. It brings important synergies to businesses in terms of capital, equipment, technology, and many more by using resources and joining the ecosystem that THACO has built. It helps increase the size of the business, thereby boosting revenue. Enterprises will also be able to improve the quality and stability of their products, and overcome the … [Read more...] about Vietnamese enterprises exhilarated by synergy from cooperation plan

Chairman of the HCMC People’s Committee Phan Van Mai (R) offers a gift to Philippine Ambassador to Vietnam, Meynardo LB. Montealegre. (Photo: SGGP) Speaking at the receiving ceremony, Chairman Mai affirmed that Vietnam and the Philippines have a lot of cooperation potential. HCMC hoped to strengthen relations with the Philippines in the fields of trade and high-tech agriculture. The city is ready to cooperate with the Consulate General of the Philippines in HCMC and business associations to organize trade and tourism promotion conferences to further enhance commercial, investment and cultural activities and exchanges between peoples of the two sides. The relationships between HCMC and Manila, Philippine localities need to be strengthened further in the coming time, the city’s leader emphasized. Philippine Ambassador to Vietnam Meynardo LB. Montealegre hoped that the Philippine community will continuously receive the support of the HCMC’s government. He agreed with the … [Read more...] about HCMC, the Philippines strengthen cooperation in various fields

Representatives of ASEAN and the six new parties to the Treaty of Amity and Cooperation in Southeast Asia at the signing ceremony in Phnom Penh on August 3 (Photo: VNA) Hanoi (VNA) – Six more countries have taken part in the Treaty of Amity and Cooperation in Southeast Asia (TAC), raising this deal’s membership to 49. Representatives from Denmark, Greece, the Netherlands, Oman, Qatar, and the United Arab Emirates signed the instrument of accession to the TAC in the presence of ASEAN foreign ministers on August 3, on the sidelines of the 55th ASEAN Foreign Ministers' Meeting ( AMM-55 ) in Phnom Penh, Cambodia . In his remarks, Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn, who also chaired the AMM-55, said it was his country’s honour to host the signing ceremony. Such a high number of parties shows the importance of the TAC in terms of its fundamental objectives and principles of promoting friendly multilateral cooperation and peaceful … [Read more...] about Six more countries join amity, cooperation treaty in Southeast Asia

Mr. Phan Van Mai, Chairman of the People's Committee of HCMC, receives Mr. Oh Se-Hoon, Mayor of Seoul, South Korea. (Photo: SGGP) At the meeting, Mr. Phan Van Mai expressed his delight at the good development of Vietnam - South Korea relations in many fields, especially after the two countries upgraded their strategic cooperative partnership in 2009. The Chairman of the HCMC People's Committee emphasized that, based on good bilateral relations between the two countries, relations between HCMC and the localities of South Korea also achieved many encouraging results. HCMC has, so far, established friendly relations and cooperation with seven localities of South Korea, including Seoul. South Korea is currently the third largest investor in HCMC, with more than 1,900 valid projects, with a total investment capital of US$5.3 billion. Mr. Phan Van Mai hoped that Seoul would continue to strengthen cooperation and share experiences in the fields of urban management, smart traffic, staff … [Read more...] about HCMC, Seol promote cooperation in various fields

Mr. Phan Van Mai, Chairman of the People's Committee of HCMC, receives Mr. Oh Se-Hoon, Mayor of Seoul, South Korea. (Photo: SGGP) At the meeting, Mr. Phan Van Mai expressed his delight at the good development of Vietnam - South Korea relations in many fields, especially after the two countries upgraded their strategic cooperative partnership in 2009. The Chairman of the HCMC People's Committee emphasized that, based on good bilateral relations between the two countries, relations between HCMC and the localities of South Korea also achieved many encouraging results. HCMC has, so far, established friendly relations and cooperation with seven localities of South Korea, including Seoul. South Korea is currently the third largest investor in HCMC, with more than 1,900 valid projects, with a total investment capital of US$5.3 billion. Mr. Phan Van Mai hoped that Seoul would continue to strengthen cooperation and share experiences in the fields of urban management, smart traffic, staff … [Read more...] about HCMC, Seoul promote cooperation in various fields

Hanoi – Labour, employment and social cooperation between Vietnam and the Republic of Korea since the two countries established diplomatic relations 30 years ago was reviewed at a workshop in Hanoi on August 3. Delegates to the workshop (Photo: VNA) The event was co-organised by Vietnam’s Ministry of Labour, Invalids and Social Affairs and the RoK’s Ministry of Employment and Labour. Deputy Minister of Labour, Invalids and Social Affairs Nguyen Ba Hoan affirmed at the workshop that the two countries have conducted many cooperative activities in labour, employment, occupational education, human resources development, labour safety and hygiene, social security, social insurance and gender equality. Such collaboration has brought economic benefits to both people and enterprises of the two countries, he said. At present, the RoK is the biggest foreign investor in Vietnam with 9,223 valid projects and aggregate capital of 74.7 billion USD as of December 2021. Bilateral … [Read more...] about Vietnam, RoK strengthen cooperation in labour, employment, social affairs

New Delhi (VNA) – Indian Consul General in Ho Chi Minh City Madan Mohan Sethi has called on India n universities to create chances for educational cooperation , including exchanging students and lecturers, with Vietnam. Addressing leaders of the Siksha ‘O’ Anusandhan University in Bhubaneswar city of India’s eastern state of Odisha on August 4, he said universities of the two countries have a huge scope of cooperation in various fields, including education and research. There are about 50 universities and a similar number of higher education establishments in HCM City alone. Therefore, there is much room for connections with famous universities to exchange students and lecturers and boost research partnerships, he noted. Sethi held that Vietnam holds considerable economic potential, and its booming hospitality - service industry is attracting about 30 million foreign visitors each year, higher than the number of arrivals in India. He also highlighted the two … [Read more...] about Vietnam, India hold great potential for educational cooperation: Diplomat

Assoc. Prof., Dr. Nguyen Huy Hoang, Director of the Institute for Southeast Asian Studies at the VASS, said the two countries have established a strategic partnership and are working towards a comprehensive strategic partnership. Two-way trade revenue also increased 160 folds, from 500 million USD in 1992 to 80 billion USD last year, he said, adding that the RoK is among the biggest investors in Vietnam. He suggested the two countries strengthen cooperation in security with other nations in and outside the region, towards economic development, stability and peace in the region. Dr. Choi In-a, from the Korea Institute for International Economic Policy (KIEP), said Vietnam and the RoK should deal with trade imbalance by improving Vietnam’s capacity for intermediate goods supply, and forge cooperation in building a stable supply chain network in Indo-Pacific. Participants also looked into collaboration in multilateral economic platforms like the Regional Comprehensive Economic … [Read more...] about Vietnam-RoK cooperation thriving: workshop

Savannakhet, Laos Tourism departments of Da Nang city and Savannakhet province ( Laos ), under an agreement signed on November 28, committed to create favorable conditions for local tourism businesses to boost tourism in the areas. Tourist businesses of Vietnam , Laos and Thailand will work together to open more road tours to attract more visitors and develop tourism industries. The same day, the tourism departments of Da Nang and Hanoi city signed an agreement on tourism cooperation. Earlier, representatives of 11 international tourism agencies took part in a survey conducted by The Vietnam National Administration of Tourism to open tours by road between Vietnam and Laos . Source: Tuoitre Translated by Duy Minh … [Read more...] about Da Nang city cooperates with Savannakhet in tourism

For more than half a century, ASEAN has established itself as one of the most authoritative organizations, a crucial element of the new multipolar world order and a hub centered around by many important political and economic processes in Asia-Pacific,  Zakharova said in her remarks to mark the 55th founding anniversary of the bloc. ASEAN's unwavering commitment to the broad and inclusive interaction principle and the harmonious coexistence of all member states, regardless of differences in government forms, economic structures and cultural norms, have enabled it to develop a system of multilateral cooperation mechanisms and become a model for this type of interaction in the world, she noted. The official emphasised that Moscow regards ASEAN as a priority in Russia’s foreign policy in Asia and that Russia highly appreciates “ASEAN way,” the region’s unique method of diplomacy which embodies the centuries-old political and moral cultures of Asian nations. It is something that many … [Read more...] about Russia highly evaluates ASEAN’s role model of multilateral cooperation