Trade rumors nba spurs

Prime Minister Nguyen Xuan Phuc speaks at the meeting. (Photo: VNA) Hanoi (VNA) – Trade cooperation was a spotlight of the Vietnam-Laos relationship in the first ten months of this year, with revenue reaching 940 million USD. The figure was unveiled at a meeting of permanent Cabinet members in Hanoi on December 7 under the chair of Prime Minister Nguyen Xuan Phuc. The two-way trade is projected to hit 1.1-1.2 billion USD in 2019, up 12.6 percent year-on-year, surpassing the targets of 1 billion USD and 10 percent set by the Government. Vietnam has become the third biggest investor in Laos with 413 projects valued at 4.22 billion USD, with the most outstanding a joint venture of Viettel Military Industry and Telecoms Group (Viettel), projects of Vietnam Rubber Group, Muong Thanh Hotel, Crow Plaza, LaoViet Bank and Xekaman 1 hydropower plant. Besides, Vietnam has committed to providing 3.25 trillion VND (139.8 million USD) in non-refundable aid for Laos during the 2016-2020 … [Read more...] about Vietnam-Laos trade hits 940 million USD in ten months

The figure was unveiled at a meeting of permanent Cabinet members in Hanoi on December 7 under the chair of Prime Minister Nguyen Xuan Phuc. The two-way trade is projected to hit 1.1-1.2 billion USD in 2019, up 12.6 percent year-on-year, surpassing the targets of 1 billion USD and 10 percent set by the Government. Vietnam has become the third biggest investor in Laos with 413 projects valued at 4.22 billion USD, with the most outstanding a joint venture of Viettel Military Industry and Telecoms Group (Viettel), projects of Vietnam Rubber Group, Muong Thanh Hotel, Crow Plaza, LaoViet Bank, and Xekaman 1 hydropower plant. PM Nguyen Xuan Phuc speaking at the meeting Besides, Vietnam has committed to providing 3.25 trillion VND (139.8 million USD) in non-refundable aid for Laos during the 2016-2020 period, including 707 billion VND in the 2019 fiscal year, up 18.4 percent against the previous year, aiming to help the neighboring country implement projects on … [Read more...] about Vietnam – Laos trade hits 940 million USD in ten months

German businesses are seeing Vietnam as an attractive destination for investment (photo: Le Toan) Wolfgang Schmitz-Heinen, CEO of Witte Holding GmbH, visited Vietnam for the first time recently to look for opportunities to start a business here. Witte is a family-run global company in the printing business that specialises in printing secure and self-adhesive labels for various applications including the automotive and electronic industry. “We want to expand abroad more than before and are analysing different countries, and we got the opportunity to join this business delegation organised by the OAV-German Asia-Pacific Business Association to Vietnam. We are impressed from south to north there, and would like to follow this track to see what is possible for us. I have ideas, but we have to check now the circumstances to ensure that everything we have to do is carried out properly, but we will do it fast,” he told VIR. “What I learned in these last few days is that … [Read more...] about German firms see positive outlook

Chairwoman of the National Assembly Nguyen Thi Kim Ngan leaves Hanoi on December 8 for official visits to Russia and Belarus. (Photo: VNA)   Hanoi (VNA) – Chairwoman of the National Assembly Nguyen Thi Kim Ngan and a high-ranking delegation of the Vietnamese NA left Hanoi on December 8 for official visits to Russia and Belarus. Her visit to Russia is made from December 8 – 11 at the invitation of Chairwoman of the Federation Council V. Matviyenko and Chairman of the State Duma of Russia V. Volodin. She will visit Belarus from December 12 – 14 at the invitation of Chairman of the Council of the National Assembly Mikhail Myasnikovich and Chairman of the House of Representatives of the National Assembly Vladimir Andreichenko. She is being accompanied by Deputy Prime Minister Vuong Dinh Hue and Vice Chairman of the National Assembly Uong Chu Luu, among other senior officials. They are Ngan’s first visits to Russia and Belarus as a NA Chairwoman, which are … [Read more...] about NA Chairwoman leaves Hanoi for Russia, Belarus visits

Vietnamese Ambassador to Germany Nguyen Minh Vu speaks at the event. (Photo: VNA) Berlin (VNA) – Vietnamese Ambassador Nguyen Minh Vu has urged the Vietnamese Entrepreneurs in Germany to play a part in boosting the two countries’ relations. He made the statement at the 6th congress of the Vietnamese Entrepreneurs in Germany held in Berlin on December 7. Ambassador Vu spoke highly of what the association has done, saying he expects it will expand its member network across Germany and help Vietnamese people in Germany stay united, contributing to enhancing the bilateral ties. The association’s activities must be centred around its members and timely support should be provided to the members to help them solve difficulties in business, he continued, Vu added.    The diplomat also updated the participating Vietnamese businesses on an action programme on the bilateral strategic partnership recently inked between the two countries’ foreign ministries … [Read more...] about Vietnam businesses in Germany urged to help boost bilateral ties