Humanist institute for development cooperation

Ambassador Xiong Bo also noted that as Chair of ASEAN and a non-permanent member of the UN Security Council in 2020, Vietnam successfully organised meetings within the East Asia cooperation framework, actively advocated multilateralism and free trade, promoted regional anti-pandemic cooperation, and improved its influence in the region and the world. In particular, the Regional Comprehensive Economic Partnership (RCEP), signed last year, is currently the largest free trade agreement around the globe, he noted, describing this as a success of multilateralism and free trade that will fuel growth momentum for the regional and global economy. The development achievements Vietnam has obtained, especially the successful response against COVID-19, are all attributable to the CPV Central Committee’s steadfast leadership and the people’s support, like in China. This has reflected the unique advantages of the socialist regimes in the two countries, he added. In the interview, the … [Read more...] about Party Congress to create new development momentum for Vietnam: Chinese ambassador

In a recent interview with the Vietnam News Agency ahead of the Congress, he said the CPV, founded by President Hồ Chí Minh, is the genuine representative of fundamental interests of the Vietnamese people. Over the 91 years since its establishment, the CPV has led the Vietnamese people to take firm steps forwards and make historic contributions for the sake of national independence, liberation, and development and the people’s happiness. … [Read more...] about Party Congress to create new development momentum for Việt Nam: Chinese ambassador

Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further

Noticeably, thanks to comprehensive and extensive activities of external economic development, the total foreign trade turnover of goods implemented in the 2011-2019 period hit $3.1 trillion, 20.2 times more than that in the 1991-2000 period and 3.6 times higher than the 2001-2010 period. This is a sign showing that Vietnam has exploited the strength of the domestic economy and taken advantage of the global market. It is proved by the fact that foreign investment has become an important capital mobilization channel for socio-economic development, contributing to promoting economic restructuring towards industrialization and modernization, creating more jobs, and improving management capacity and technological level. Especially, foreign direct investment has also stimulated the expansion of external economic relations between Vietnam and other countries in the region and the world. The new position and growth motivations Along with the achievements in socio-economic development, the … [Read more...] about Bright economic appearance after 35 years of innovation

Vientiane (VNA) - Sounthone Sayachak, head of the Lao Party Central Committee’s Commission for External Relations has attributed comprehensive achievements and progresses of the country during the national defence and construction process to the leadership role played by the Communist Party of Vietnam (CPV). During a recent interview granted to Laos-based Vietnam News Agency’s correspondents on the occasion of the CPV’s 13th National Congress, Sounthone Sayachak spotlighted successes made by the Vietnamese Party, State and People in recent times, especially in maintaining political stability and economic growth, responding to the COVID-19 pandemic and overcoming consequences of natural disasters. Vietnam has also recorded outstanding achievements in Party building, making the CPV stronger and stronger, consolidating public trust in the Party and the Government, she noted. Sounthone also pointed out Vietnam’s successes in ensuring security and defence, … [Read more...] about Lao party official spotlights CPV’s leadership role in Vietnam’s success