During the 2016-2020 period, the two-way trade saw stable expansion and reached the target of over 1 billion USD, but then suffered from the impact of the COVID-19 pandemic and natural disasters. The Asia-Pacific Market Department at the Vietnamese Ministry of Industry and Trade (MoIT) said that the bilateral trade exceeded 1 billion USD in 2020, down 11.5 percent year-on-year, of which Vietnam’s exports were worth 571.7 million USD, down 18.5 percent. However, the bilateral trade bounced back since early 2021, surging 33.3 percent to 1.37 billion USD for the year, with Vietnam’s export revenue reaching 594.7 million USD, a rise of 4 percent from 2020, and its import hitting 778.2 million USD, up 69.8 percent. The results are attributable to the political resolve by Vietnamese and Lao leaders and the drastic management of competent agencies to remove obstacles facing businesses of the two countries and create optimal conditions for them to quickly adapt to the new situation. In … [Read more...] about Vietnam – Laos trade ties growing sustainably
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C.P. Vietnam supplies food for SEA Games’ volunteers
Sakchai Chatchaisophon, C.P. Vietnam vice-chairman (right), handed over 3.4 tonnes of food to Hanoi's Youth Union On May 14, at the C.P. Vietnam's Hanoi branch, vice chairman of the company Sakchai Chatchaisophon handed over tonnes of food to Nguyen Duc Tien, member of the Central Executive Committee of the Youth Union, chairman of the Vietnam Youth Union in Hanoi, and Ngo Van Thien, standing vice chairman of the Hanoi's Vietnam Youth Union. This food was made by C.P. Vietnam and includes 3.4 tonnes of processed chicken for meals of the SEA Games 31's volunteers, adding a variety of dishes to the menus of volunteers. Tien said, "SEA Games 31 has opened for a few days, and the volunteers have been working for one month at the competition sites, including receptionists, interpreters, cheerleaders, and supporting activities. In total, we have 5,000 volunteers." Chatchaisophon also introduced the production and business activities at the factories of C.P. Vietnam and food … [Read more...] about C.P. Vietnam supplies food for SEA Games’ volunteers
NA leader holds talks with Lao counterpart
National Assembly Chairman Vuong Dinh Hue and his host counterpart Saysomphone Phomvihan on May 16 held talks following an official welcome ceremony for the former. Hue is now in Laos on an official visit. National Assembly Chairman Vuong Dinh Hue and his host counterpart Saysomphone Phomvihan on May 16 held talks. (Photo: VNA) The Lao leader spoke highly of the significance of the visit, the first by a key Vietnamese leader to Laos in the "Year of Solidarity and Friendship" between Viethnam and Laos. The year 2022 marks the 60th anniversary of the establishment of diplomatic relations between the two countries and the 45th anniversary of the signing of the Vietnam-Laos Treaty of Friendship and Cooperation. This is also the highest-level delegation of a foreign National Assembly to visit Laos since the success of the 11th Congress of the Lao People's Revolutionary Party and the beginning of the 9th National Assembly term of Laos. For his part, … [Read more...] about NA leader holds talks with Lao counterpart
Cyclist Quynh successfully defends SEA Games cross country title
Cyclist Dinh Thi Nhu Quynh successfully defended her women’s SEA Games mountain bike cross-country title after finishing first at a Hoa Binh race on May 16. (Photo: VNA) Hoa Binh (VNA) – Cyclist Dinh Thi Nhu Quynh successfully defended her women’s SEA Games mountain bike cross-country title after finishing first at an event held in Hoa Binh city, the northern province of Hoa Binh, on May 16. The Vietnamese athlete earned a gold medal in the same category in SEA Games 30 in the Philippines three years ago. Quynh competed against 14 others from six Southeast Asian countries – Cambodia, Indonesia, Malaysia, the Philippines, Thailand and Vietnam – in the 15.6-km race. Her Vietnamese teammates Ca Thi Thom and Vu Thi Kim Loc also vied for the title. Quynh clocks one hour, 18 minutes and 6 seconds in the 15.6-km race. (Photo: VNA) Quynh clocked one hour, 18 minutes and 6 seconds. Zainal Abidin Nur Assyira from Malaysia crossed the line in one hour, 22 minutes and 14 … [Read more...] about Cyclist Quynh successfully defends SEA Games cross country title
SEA Games 31: Foreign reporters impressed with football fans in Nam Dinh
In the match between U23 Malaysia and U23 Cambodia in Thien Truong Stadium. (Photo: VNA) Nam Dinh (VNA) – Foreign reporters said they have been strongly impressed with the football atmosphere at Thien Truong Stadium in the northern province of Nam Dinh, which has hosted Group B men's football matches and a semi-final of the 31st Southeast Asian Games ( SEA Games 31 ). Reporter Deepannaj A C Ganesan of Singapore said this is the first time he has worked at a SEA Games, and he was very impressed with the vibrant football atmosphere in Thien Truong Stadium . Every match in the stadium was really a football "party", he said. Meanwhile, Malaysian reporter Mohd Fahmi Ismail said the local authorities have prepared so well for football teams attending SEA Games 31. Ahmad Nazrin Syahmi Mohamad Arif, another reporter from Malaysia, said that he is well disposed to local people because of their friendliness and hospitality. According to the reporters, the stadium was always … [Read more...] about SEA Games 31: Foreign reporters impressed with football fans in Nam Dinh
Vietnam’s Jujitsu team wraps up SEA Games 31 with two gold medals
Dao Hong Son triumphs the men’s Jujitsu Ne-Waza NOGI 56kg on May 15. (Photo: VNA) Hanoi (VNA) – Vietnam's Jujitsu artists Phung Thi Hue and Dao Hong Son brought home two more gold medals on May 15 as the 31st Southeast Asian Games ( SEA Games 31 ) carried on. Hue championed the women’s Ne-Waza NOGI 45kg after defeating her Philippine opponent Co Jollirine who was awarded a silver medal. Thailand’s Sakaew Tadaporn and Cambodia’s Mab Sokhouy both finished third. Dao Hong Son beated Tang Yong Siang from Singapore to secure the first spot in the men’s Ne-Waza NOGI 56kg. Tang claimed the silver while Cortez Jan Vincent Cortez of the Philippines and Keadnin Komkrit of Thailand both earned bronzes. It was the last day of competitions for the Vietnamese Jujitsu team. So far, the team won two golds, one silver and two bronzes at the games./. VNA … [Read more...] about Vietnam’s Jujitsu team wraps up SEA Games 31 with two gold medals
SEA Games 31: Vietnamese fencers win gold for third consecutive day
Semi-final match between Bui Thi Thu Ha and Phung Thi Khanh Linh (Photo: VNA) Hanoi (VNA) – Vietnam won another gold and bronze medal in fencing on May 15, marking the third consecutive day that fencers successfully secured gold for the country at the ongoing 31st Southeast Asian Games (SEA Games 31). Bui Thi Thu Ha defeated her Singaporean rival Ong Shu Hui Jessica in the women’s sabre event to win the gold medal, while her teammate Phung Thi Khanh Linh snatched the bronze. Coach Pham Anh Tuan said that with their current strength, the team can set a higher goal of five gold medals at this Games. As of late May 15, Vietnam stood atop the SEA Games 31 medal tally with 68 golds, leaving second-placed Thailand far behind. Vietnam bagged a total of 29 gold medals on the day./. VNA … [Read more...] about SEA Games 31: Vietnamese fencers win gold for third consecutive day
SEA Games 31: Vietnam pocket five medals in gymnastics
Dang Ngoc Xuan Thien (C) wins a gold medal in the pommel horse of the men’s rhythmic gymnastics tournament on May 15 (Photo: VNA) Hanoi (VNA) – Dang Ngoc Xuan Thien won a gold medal in the pommel horse of the men’s rhythmic gymnastics tournament at the 31st Southeast Asian Games ( SEA Games 31 ) after his excellent performance at the Quan Ngua Sports Palace in Hanoi on May 15. Malaysian athletes, Tan Fu Jie and Muhammad Sharul Aimy, brought home silver and bronze medals, respectively, in this category. The same day, another Vietnamese gymnast Nguyen Van Khanh secured a silver in the men’s rings, while Nguyen Thi Quynh Nhu and Pham Nhu Phuong bagged two silver medals for the women’s break dance and the women’s asymmetric bar competitions, respectively. Meanwhile, Le Thanh Tung and Trinh Hai Khang secured bronze medals in the men’s rings and the men’s freestyle gymnastics events./. VNA … [Read more...] about SEA Games 31: Vietnam pocket five medals in gymnastics
Vietnam seeks US recognition of local Vietnamese communities as ethnic minority group
Prime Minister Pham Minh Chinh has asked the Vietnamese Embassy in the U.S. to call on the U.S. government to recognize Vietnamese communities in the country as one of its ethnic minorities. PM Chinh visited the embassy in Washington, D.C. on Saturday as part of his trip to the U.S. to attend the U.S. - ASEAN Special Summit from May 11 to 17, at the invitation of U.S. President Joe Biden. The PM praised the embassy’s efforts in realizing the external policy of the Party and the state, promoting the image of the nation and people of Vietnam, and contributing to fostering the Vietnam – U.S. comprehensive partnership. The embassy should maintain its good performance in overseas Vietnamese affairs, including citizen protection, and request the U.S. government to recognize Vietnamese communities in the U.S. as an ethnic minority of the country, the Vietnam Government Portal cited the PM as saying. He also requested the embassy to take prompt actions in implementing relevant … [Read more...] about Vietnam seeks US recognition of local Vietnamese communities as ethnic minority group
Vietnam’s economic recovery gaining momentum
Vietnam continues to benefit from its broad re-opening strategy, which saw a huge crowd flocking to tourist hotspots in the country and household spending rebound. Vietnam’s economic recovery is gaining momentum despite heightened global uncertainty related to the protracted war in Ukraine, higher commodity prices, and tightening global financial conditions, according to the World Bank. Cargo handling at Dinh Vu port, Haiphong. Photo: Cong Hung In its latest report, the World Bank pointed out the robust growth of industrial production by 9.4% in April, comparable to pre-pandemic rates. Manufactures of apparel, footwear, electronics, electrical equipment, and metal products were the most dynamic sub-sectors, registering double-digit growth rates, it added. However, machinery manufacturing slowed from 26.6% year-on-year in March to only 5.1% in April. This deceleration was related to supply chain disruptions caused by lockdowns in China, which led to a … [Read more...] about Vietnam’s economic recovery gaining momentum