Vietnam china military relations

Vietnamese Ambassador to Laos Nguyen Ba Hung speaks at the event in Vientiane on June 24. (Photo: VNA) Vientiane (VNA) – Stories about Vietnam and Laos’s traditional relations were shared with young people at a talk held by the Lao National Academy of Politics and Public Administration in Vientiane on June 24. Director of the academy Phouvong Ounkhamxeng, who is also a member of the Lao People’s Revolutionary Party Central Committee, told Vietnam News Agency that the talk aimed to help young Lao people gain a better understanding of the two countries’ special relations in order for them to uphold and develop bilateral ties. Speaking at the event, Vietnamese Ambassador to Laos Nguyen Ba Hung said the countries’ special relations were founded by then Presidents Ho Chi Minh and Kaysone Phomvihane and have been nurtured by generations of their leaders and people. Braving various challenges throughout history, Vietnam - Laos relations have become a rare exemplary and … [Read more...] about Talk gives young Lao people insight into traditional relations with Vietnam

Australian Minister of Foreign Affairs Penny Wong will pay an official visit to Vietnam on June 26, the Australian Embassy to Vietnam has announced. Australian Minister of Foreign Affairs Penny Wong. Photo by the Australian Embassy According to a press release from the embassy, this will be the second trip to Southeast Asia of the new foreign minister since she took the position one month ago. The visit is expected to deepen these ties, building on existing partnerships for the benefit of the two countries and the region. In Vietnam minister Penny Wong will meet with President Nguyen Xuan Phuc, Prime Minister Pham Minh Chinh and Foreign Minister Bui Thanh Son. "Ahead of next year’s 50th anniversary of diplomatic relations, our discussions will focus on climate change cooperation, our shared trade and investment ambitions and Australia’s continued support for Vietnam’s COVID-19 recovery," the embassy said. After her visit to Vietnam, the … [Read more...] about Australian Minister of Foreign Affairs to visit Vietnam

Khai congratulated the Cambodian Government on the important achievements obtained under PM Hun Sen’s leadership, especially the success in COVID-19 containment and socio-economic reopening and recovery. Men Sam An, who is also Minister of the National Assembly - Senate Relations and Inspection of Cambodia, Vice President of the Cambodian People’s Party, and Chairwoman of the Cambodia - Vietnam Friendship Association, expressed her honor to represent the Cambodian Government to attend and deliver remarks at the ceremony marking the 55th founding anniversary of the countries’ diplomatic ties held in Hanoi earlier the same day. Saying she is impressed with Vietnam’s all-round attainments over the past years, she expressed her belief that under the clear-sighted leadership of the Communist Party of Vietnam, the Vietnamese Government and people will continue reaping more successes in national reforms and development and unceasingly promoting Vietnam’s stature in the international … [Read more...] about Deputy PMs agree on measures for strengthening Vietnam-Cambodia links

The president of the Korean Chamber of Commerce in Vietnam (KOCHAM) has asked the Ho Chi Minh City government to assist South Korean enterprises in alleviating their cost burden in the current difficult period. KOCHAM President Shon Young Il made the request at a dialogue session between the city government and South Korean enterprises, held on Friday by local authorities in coordination with the Consulate General of South Korea in the southern metropolis. Speaking at the event, chaired by the municipal People’s Committee chairman Phan Van Mai, the KOCHAM leader said Korean businesses are facing a lot of pressure while trying to recover from the COVID-19 pandemic and cope with impacts caused by the ongoing Russian-Ukraine military conflict and the inflation risk. Therefore, he hopes that the Ho Chi Minh City administration can support Korean businesses in reducing their cost burden in this tough period. Specifically, local authorities should assist Korean businesses in solving … [Read more...] about S. Korean firms in Ho Chi Minh City seek help to ease rising cost burden

The US, China, and the EU remain the three largest markets for Vietnamese cashew, accounting for 26.8 percent, 17.7 percent, and 20.5 percent of the total export value of the cashew industry of Vietnam, respectively. Cashew nut exports to the US market declined by 10.1 percent in volume and 30.5 percent in value over the same period last year. Cashew nut exports to the EU market surged by 14 percent in volume but dropped by 21.2 percent in value. Cashew nut exports to China jumped by 136.4 percent in volume and 140.2 percent in value. Meanwhile, Vietnamese cashew processing enterprises imported 480,000 tons of raw cashew in April, spending up to $772 million, a sharp increase of 375 percent in volume and 470.5 percent in value compared to that in April last year. In the first four months of this year, Vietnam imported a total of 1.19 million tons of raw cashew, with a value of up to $1.88 billion, up 300 percent in volume and 323.5 percent in value over the same period last year. … [Read more...] about Vietnamese cashew industry sees trade deficit for the first time

At the meeting According to general statistics from the General Department of Vietnam Customs, in the first five months of 2022, approximately 206,110 tons of cashew kernels of all kinds were exported earning over US$1.19 billion in export turnover, down 7.81 percent in volume and 6.81 percent in value. However, the average export price was about $5,792 a ton, up 1.45 percent from the same period last year. Regarding imports in the first five months, enterprises imported about 968,000 tons of raw cashew nuts from abroad with a value of nearly $1.4 billion, down 35.24 percent in volume and down 37.84 percent in value over the same period in 2021. However, prices of imports from Africa increased by 15 percent-20 percent since the beginning of the season. More importantly, importers are tending to be slow to purchase raw materials due to many reasons but the most common is the price difference between imported raw cashew nuts and export kernel prices. The price of raw cashew … [Read more...] about Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict

Van Don - Mong Cai Highway under construction (Source: baoquangninh.com.vn) Quang Ninh (VNA) – The Van Don - Mong Cai highway, which is scheduled for completion and operation on June 30, aims to create favourable conditions for the northeastern province of Quang Ninh to make breakthrough developments and promote economic links in the region. Nguyen Tien Oanh, Director of the Executive Board of the highway project (the Tien Yen - Mong Cai section), said it has taken time to complete this section – which extends from Bach Dang bridge to the Mong Cai international border gate , because of difficulties caused by the COVID-19 pandemic and other reasons. However, the foundation of the sector has been basically completed and is entering the finishing stages, he said. According to representatives from the Ministry of Transport, the Van Don - Mong Cai highway, which is part of the Hanoi - Quang Ninh highway, plays a strategic role for the socio-economic development of Quang … [Read more...] about Van Don – Mong Cai highway: new launch pad for Quang Ninh’s economic growth

At the event (Photo: VNA) HCM City (VNA) – Investors from the Republic of Korea (RoK) in Ho Chi Minh City are facing a number of bottlenecks related to labour regulation and administrative procedures that need to be promptly removed, heard a June 24 dialogue between the municipal leaders and the business community. The collection of seaport infrastructure fees was also pointed to by many participating businesses. From April 1, 2022, all container vehicles entering and leaving the city’s Cat Lai port have to pay an additional fee for using seaport infrastructure. Korean firms proposed the establishment of a monthly gross payment process and a reduction of the fee, given their difficulties from increased logistics costs. Phan Van Mai , Chairman of the municipal People’s Committee, said the southern economic hub is working to recover after two years affected by the COVID-19 pandemic. Such recovery sees a significant contribution of the business communities, including … [Read more...] about HCM City works to clear hurdles for RoK investors

A priceless common asset of the two peoples Since Cambodia's revolutionary and armed forces were strong and capable enough to defend the country, Vietnam withdrew its volunteer troops and advisors in 1989 under the agreement between the two parties and states, successfully fulfilling the glorious international mission in the neighboring country. After the Paris Peace Agreement in 1991 and the General Election in 1993, the Vietnam-Cambodia relationship was lifted to a new stage in accordance with the actual situation in each country. With the motto of "good neighborliness, traditional friendship, comprehensive cooperation, long-term sustainability," Vietnam-Cambodia relations have been continuously consolidated and extensively developed in all fields, of which defense cooperation is an important pillar. The first Vietnam - Cambodia Border Defense Friendship Exchange held in May 2022 vividly manifested the contribution of defense cooperation to enhancing mutual understanding and … [Read more...] about Part 4: Towards a bright future

An additional 657 new Covid-19 infections were confirmed on Saturday, raising the national tally to over 10.74 million, according to the Ministry of Health. Illustrative photo According to the ministry's report, most of the new patients are locally-transmitted cases confirmed in 35 out of 63 localities in the country with some localities seeing the highest numbers including Hanoi (169), Bac Ninh (53), Phu Tho (45), Yen Bai (43), and Lao Cai (34). As of Saturday evening, the number of Covid-19 patients in Vietnam has increased to over 10.74 million. On June 25, an additional 5,239 more patients recovered from the disease, raising the number of recoveries in the country to over 9.64 million. On Saturday evening, no deaths related to Covid-19 were announced. Total fatalities stayed at 43,084, accounting for 0.4 per cent of total infections. By June 24, the country had injected more than 229 million doses of Covid-19 vaccines, including over 6.71 million … [Read more...] about Additional 657 Covid-19 infections announced on Saturday