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National Assembly (NA) Chairman Vuong Dinh Hue (L) and Lao Prime Minister Phankham Viphavanh (Photo: VNA) In a thank-you letter to the Lao NA Chairman, Hue thanked the Lao legislative leader and other leaders for the warm welcome and the sincere, straightforward and trustful discussions during his visit, which he said contribute to promoting the further development of the great friendship, special solidarity and comprehensive cooperation between the two countries in general and the two legislative bodies in particular. Earlier before leaving Laos, NA Chairman Hue and the high-ranking NA delegation called at the Vietnam Consulate General in Pakse, Champasak province, and met with representatives from the Vietnamese community in four southern Lao provinces (Champasak, Attapeu, Sekong and Salavan). The top legislator appreciated the work of the Vietnamese Association in Southern Laos in helping members develop home economy, follow local laws and contribute to local development, … [Read more...] about NA Chairman Vuong Dinh Hue concludes official visit to Laos

Increasing demand Nguyen Tuan Anh, Deputy Director of the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade (MoIT), said that new power sources expected to be put into operation in the 2022-2025 period will not keep up with the load growth, making it increasingly difficult to ensure stable supply and risking peak capacity shortage in the northern region from May to July. Transmission of renewable energy sources remains limited Nguyen Tuan Anh explained that about 10 major power projects in which Electricity of Vietnam (EVN) is not invested, are behind schedule bringing capacity shortage to about 7,000 MW, which will affect power supply. Meanwhile, renewable energy sources (solar and wind power) have been significantly supplemented, but transmission of the energy remains limited, likely resulting in local electricity shortages at times. Tuan Anh also said that according to the MoIT’s Electricity Master Plan VIII, the demand for … [Read more...] about Transparency needed to draw power industry capital, officials say

An investor standing in front of a stock trading screen. Photo tuoitre.vn HÀ NỘI — The State Securities Commission (SSC) sent an official dispatch to stock exchanges, requesting disclosure of information for proprietary trading of securities companies and information related to firms influencing stocks that hit ceiling or floor prices for five consecutive sessions. According to the document, based on the reports of stock exchanges on the trading situation on the stock market and Circular 96/2020/TT-BTC guiding the disclosure of information on the stock market, approved by the Ministry of Finance, SSC requested the Việt Nam Stock Exchange (VNX) to direct the Hồ Chí Minh Stock Exchange (HoSE) and the Hà Nội Stock Exchange (HNX) to disclose information on total volume and total value of proprietary trading - buying and selling transactions - for each securities code at the end of a trading day. The document also said that SSC directs HOSE and HNX to require listing organisations to … [Read more...] about Stock exchanges to disclose self-trading data before May 23

Deputy Defence Minister Sen. Lieut. Gen. Hoang Xuan Chien attends the ASEAN Defence Senior Officials’ Meeting in Phnom Penh on May 17. (Photo: VNA) Phnom Penh (VNA) – Vietnam will host an annual meeting of the ASEAN Peacekeeping Centres Network (APCN) this September. The announcement was made by Deputy Defence Minister Sen. Lieut. Gen. Hoang Xuan Chien who is leading a Vietnamese delegation to the ASEAN Defence Senior Officials’ Meeting (ADSOM) and the ASEAN Defence Senior Officials’ Meeting Plus (ADSOM+) in Phnom Penh from May 17-18. Addressing the meeting, Chien said the organisation of ADSOM and ADSOM + enables participating countries to have a chance to share ideas on issues of mutual interest. Vietnam is currently developing a document guiding the implementation of placing the ASEAN flag next to the national flag at the military units of ASEAN member states participating in UN peacekeeping operations, the head of the Vietnamese delegation said, adding the … [Read more...] about Vietnam to host ASEAN peacekeeping meeting in September

At a meeting with the province's leaders, the Vietnamese top legislator applauded Champasak province for expanding collaboration with localities of Vietnam in recent years. Emphasizing the potential for cooperation between the two countries, Hue said he wants the province will continue to promote collaboration with localities in Vietnam, assist Vietnamese enterprises that are investing in the province and help Vietnamese living in the province for a long time get Lao nationality to feel secure. He announced that the Office of the National Assembly of Vietnam and businesses accompanying the Vietnamese N.A. delegation will present equipment, textbooks, and financial support to the province to upgrade local friendship schools. Secretary of the provincial Party Committee and Governor of Champasak Vilayvong Bouddakham briefed the Vietnamese N.A. chairman on the province's achievements over the past few years, attributing them to the effective support of Vietnamese Party, Government … [Read more...] about N.A. Chairman visits Champasak province in Laos

At a meeting with U.N. Deputy Secretary-General Amina J. Mohammed in New York on May 16 (local time), the PM stressed that the year 2022 is of great significance as it marks the 45th anniversary of Vietnam’s U.N. membership. Appreciating the U.N.’s valuable contributions and support to Vietnam over the past more than four decades, the PM asked Amina to convey his invitation to Secretary-General Antonio Guterres and other U.N. leaders to visit Vietnam this year to foster multi-faceted cooperation between the two sides. Chinh reiterated Vietnam’s strong commitments to multilateralism and a world order based on international law and the U.N. Charter, as well as the country’s support for the U.N.’s central role in the global administration system, saying it needs global, all-people, and comprehensive approaches to tackle common challenges like epidemics and climate change. Vietnam backs enhancing relations between the U.N., parliaments of its member countries and the … [Read more...] about Vietnam to play more active role at U.N.: PM

The Vietnamese delegation was welcomed by General Mao Vibol, Deputy Director of the General Department of Policy and Foreign Affairs of Cambodia at the airport. The same day, the Vietnamese deputy defense minister had a bilateral meeting with heads of Cambodian and Singaporean delegations ahead of ADSOM and ADSOM+. At the meeting with Director of the General Department of Policy and Foreign Affairs of Cambodia General Nem Sowat, the two sides highly appreciated the bilateral defense cooperation over the past time, especially the success of the 5th Vietnam-Cambodia Defense Policy Dialogue and the freshly-ended first Vietnam-Cambodia Border Defense Friendship Exchange. They affirmed that these activities have contributed to popularizing the traditional friendship between the two countries to their people and troops. The heads of the two delegations agreed that in the coming time the two sides will closely coordinate to effectively carry out contents in the defense cooperation plan … [Read more...] about Vietnamese delegation to attend ADSOM and ADSOM+ in Cambodia

He made the pledge while joining virtual talks with Premier of Victoria Daniel Andrews and the signing ceremony of an agreement on friendship and cooperation between the city and Victoria. Speaking at the event, the HCM City official expressed his delight at the thriving Vietnam-Australia relations, viewing them as the cornerstone of sound cooperation between the Vietnamese southern economic hub and Australian localities, including Victoria state. He thanked Victoria’s authorities for supporting and working with HCM City to prepare for the signing ceremony, hoping that after the event, the two localities will join hands to carry out cooperation plans and programs contributing to Vietnam - Australia ties in the coming time. Mai affirmed that the southern city welcomes visits by authorities and businesses from the Australian state to explore cooperation chances in artificial intelligence, digital transformation, automation and pharmaceutical products, contributing to HCM City’s … [Read more...] about HCM City bolsters cooperation with Australian state

Sakellaropoulou is paying an official visit to Vietnam from May 15 to 19 at the invitation of Vietnamese President Nguyen Xuan Phuc. At the tea party, the Vietnamese Vice President welcomed the positive results of talks between the two presidents, expressing her belief that the visit by Sakellaropoulou will promote Vietnam-Greece cooperation in a practical and intensive manner. Xuan thanked the Greek President for her the warm sentiments to a high-ranking delegation from Vietnam during an official visit to the European nation last November, as well as for presenting 250,000 doses of COVID-19 vaccine to Vietnam. She said that Vietnam and Greece share similarities in culture and history and hoped that the visit to the Temple of Literature helped the Greek President understand more about the country and people of Vietnam. In reply, Sakellaropoulou thanked Xuan for arranging the tea party and informed her host that during her talks with President Phuc, the two sides exchanged views … [Read more...] about Vice President hosts tea party for visiting Greek President

Exness to Sponsor Forbes Investment Conference in Ho Chi Minh City To complement the theme of Smart Money, Forbes has invited an array of financial experts as speakers at their event. Fund managers, digital asset pioneers, analysts, and real estate professionals will be sharing their knowledge and insights with conference participants. Exness will have a prominent presence at the Forbes Investment Conference as an official sponsor. At a dedicated booth, the multi-licensed broker will be showcasing its diverse range of trading products, optimal trading conditions, and global success. "It is very exciting to be sponsoring Forbes Vietnam’s first-ever Investment Conference," commented Dung Thai, Exness Commercial director for Vietnam. "Forbes is the leading media outlet in the financial industry and the event will create a one-of-a-kind environment for us to interact with hundreds of investors." "Stocks and digital assets are two of the investment areas that the conference will … [Read more...] about Exness to sponsor Forbes Investment Conference in Ho Chi Minh City