Vietnam china train

Vietnamese Minister of National Defence General Phan Văn Giang met his Indonesian counterpart Prabowo Subianto on Friday in Hanoi and suggested the two countries strengthen the sharing of maritime information. Vietnamese Minister of National Defence General Phan Văn Giang and his Indonesian counterpart Prabowo Subianto review the honor guard of the Vietnam People's Army in the capital city of Hanoi on Friday. The three-day trip by Indonesian Defence Minister Prabowo Subianto started on Thursday. It is his first trip to Vietnam since he took office in October 2019. The Indonesian minister said that Indonesia always attaches importance to its relationship with Vietnam. The two sides agreed that defence cooperation between Vietnam and Indonesia has been promoted by both sides, and achieved many positive results. Based on the Memorandum of Understanding between the governments of the two countries, on enhancing cooperation between defence officials and … [Read more...] about Vietnamese, Indonesian defence chiefs discuss South China Sea, maritime information sharing

Vietnam and Indonesia share waters in the resource-rich and disputed South China Sea. Indonesia Defense Minister Prabowo Subianto said in his ongoing visit to Hanoi on May 12-14 that Vietnam and Indonesia are determined to continue strengthening defense ties that have been well established so far in terms of cooperation between navies, coast guards, and military industry. Vietnam's Defense Minister Phan Van Giang (L) and Indonesia's Defense Minister Prabowo Subianto in Hanoi on May 13. Photos: VNA Agreeing on the instructions of the two countries’ leaders, after this visit, Indonesia and Vietnam would jointly solve problems at sea, the issue which was discussed in the meeting between Prabowo and Vietnamese Defense Minister Phan Van Giang and in the courtesy call paid to President Nguyen Xuan Phuc on May 13. The two sides briefed each other on the achievements in defense ties, especially from the end of 2019 until now, including dialogues and the signing of … [Read more...] about Indonesia defense minister visits Vietnam, highlighting navy cooperation

Leaders of the U.S. and the 10-country Association of Southeast Asian Nations (ASEAN) attended the official working sessions of the ASEAN-US Special Summit on May 13 (Saturday morning Hanoi time). During the summit, the U.S. announced a series of new initiatives, including a $60 million package to expand maritime cooperation, which will entail helping ASEAN countries counter illegal fishing and deploying U.S. Coast Guard personnel to the Indo-Pacific to support maritime training. The administration of U.S. President Joe Biden says the initiative aims to "promote a free and open Indo-Pacific." The United States also affirmed its support for ASEAN's stance on the South China Sea, known as the East Sea in Vietnam, and welcomed ASEAN’s efforts to promote cooperation, dialogue and confidence building in the region, and strive to build an effective and efficient Code of Conduct (COC) in line with the United Nations Convention on the Law of the Sea 1982 (UNCLOS). At a discussion … [Read more...] about Vietnam PM hails ASEAN-US maritime cooperation

At a Saturday conference in Harvard University on Vietnam's development strategy in the 21st century, Prime Minister Pham Minh Chinh said Vietnam's economy has expanded into the fourth largest economy in ASEAN and among the world's top 12 economies with the largest scale of commerce. The country also takes part in 15 active FTAs, he said. Economist David Dapic said Vietnam taking part in FTAs was a major success. Millions of farmers have moved on to work in factories as a result. But the fact that most materials for production are imported from China is a weakness, he added. When the Covid-19 pandemic broke out, borders were closed and there was commercial tension, Vietnam's exports were affected, Dapic said. Vietnam's trade turnover with the U.S. may reach $100 billion this year. Such a figure might be small for the U.S., but Vietnam should take note to remain in constant communication and avoid being accused of currency manipulation, he advised. Nguyen Thi Hong, head of the … [Read more...] about Avoid unworthwhile investments, try estate taxes, Vietnam advised

Vietnam’s positive outlook rides on strong external demand, a recovery in domestic consumption, and healthy investment inflows. Vietnam’s economic prospects would remain bright with the GDP growth expected to expand at 6.3% in 2022 and 6.5% in 2023. Overview of the meeting between AMRO's representative and the State Bank of Vietnam. This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to Vietnam from May 3-18, 2022. The mission was led by AMRO Group Head and Lead Economist, Sanjay Kalra. AMRO Director, Toshinori Doi, and Chief Economist, Hoe Ee Khor participated in the policy meetings. The discussions focused on the recovery of the Vietnamese economy from the pandemic and made policy recommendations to further support the recovery while maintaining macroeconomic stability and creating conditions for sustainable and inclusive growth over the medium term. According to Kalra, “such a … [Read more...] about Vietnam’s economic outlook remains bright: AMRO

Vietnamese Deputy Defence Minister Sen. Lt. Gen. Hoang Xuan Chien (R) and his Japanese counterpart Tsuchimichi Akihiro at the meeting in Phnom Penh on May 17 (Photo: People's Army Newspaper) Phnom Penh (VNA) – Deputy Minister of National Defence Sen. Lt. Gen. Hoang Xuan Chien met with his Japanese counterpart Tsuchimichi Akihiro in Phnom Penh, Cambodia, on May 17 on the sidelines of the ASEAN Defence Senior Officials’ Meeting ( ADSOM ). The officials expressed their delight at their countries’ growing extensive strategic partnership in all aspects, including defence. Despite the COVID-19 pandemic’s impacts, bilateral defence ties have still been maintained and promoted, particularly in delegation exchange, military medical, personnel training, UN peacekeeping, and mutual support at multilateral forums, they noted. The two deputy ministers agreed that Vietnam and Japan will continue enhancing concrete and substantive cooperation with a focus on increasing … [Read more...] about Deputy defence ministers of Vietnam, Japan meet in Phnom Penh

Speaker Tan, who is paying an official visit to Vietnam, thanked the country for supporting Singapore in COVID-19 response, noting the two countries’ cooperation and mutual assistance are growing even more strongly. Chairman Hue congratulated Singapore for successfully containing the pandemic and reopening the economy. He also appreciated its precious provision of COVID-19 vaccine and medical supplies for Vietnam and said he hopes the two sides will continue cooperating in scientific research on COVID-19 and other epidemics, firstly the current unexplained hepatitis in children. Vietnam attaches great importance to the countries’ strategic partnership and views Singapore as one of its leading partners in ASEAN in terms of both politics and economy, he stressed, asking both sides to coordinate closely to prepare for the 50th founding anniversary of bilateral diplomatic ties and the 10th anniversary of the strategic partnership in 2023. He noted Singapore is a leading investor in … [Read more...] about Vietnam, Singapore agree to further advance parliamentary relations

President Nguyễn Xuân Phúc received Indonesian Minister of Defence Prabowo Subianto on Friday in Hà Nội as part of the latter's visit to Việt Nam. — VNA/VNS Photo HÀ NỘI — President Nguyễn Xuân Phúc on Friday called on the defence ministries of Việt Nam and Indonesia to bolster consultations and support each other at multilateral forums, and maintain the common stance of ASEAN on regional issues, including the South China Sea. He made the call while hosting a reception for Indonesian Minister of Defence Prabowo Subianto, during which he underlined the countries’ mechanisms such as the defence policy dialogue play a major role in exchanging viewpoints, handling bottlenecks and promptly guiding bilateral defence ties. He hailed the official Việt Nam visit by Subianto and a high-ranking delegation of the Indonesian Defence Ministry to attend the ongoing SEA Games 31, saying it would promote bilateral defence cooperation in a practical and effective manner, contributing to the Việt … [Read more...] about President calls for stronger Việt Nam-Indonesia defence cooperation

Group photo of ASEAN leaders and US President Joe Biden in front of the White House at the banquet held on May 12, held ahead of the ASEAN-US Special Summit. (Photo: VNA) Washington D.C. (VNA) - The United States and ASEAN countries’ leaders have met for the US-ASEAN Special Summit in Washington on May 12-13. Following is the full text of the statement: ASEAN-U.S. Special Summit 2022, Joint Vision Statement MAY 13, 2022 WE, the Member States of the Association of Southeast Asian Nations (ASEAN) and the United States gather on the occasion of the ASEAN-U.S. Special Summit, the first-ever to be held in Washington, D.C., on 12-13 May 2022. EMPHASIZING the importance of adhering to key principles, shared values and norms enshrined in the Charter of the United Nations, the ASEAN Charter, the Declaration on Zone of Peace, Freedom and Neutrality (ZOPFAN), the Treaty of Amity and Cooperation in Southeast Asia (TAC), the 1982 United Nations Convention on the Law of the Sea … [Read more...] about US-ASEAN ties to be upgraded to Comprehensive Strategic Partnership in November: Statement

The relations would be enhanced through commitments in a wide range of fields, including economic, maritime cooperation, building trust, and people-to-people links. ASEAN member states and the US have reaffirmed their shared commitment to strengthen and build more comprehensive ASEAN-US Dialogue Relations. The declaration was included in a joint vision statement released at the US-ASEAN Special Summit, the first-ever held in Washington, D.C., on May 12-13 with the participation of the US president and leaders of the Association of Southeast Asian Nations (ASEAN) member states. The tightened relations are aimed to promote peace, security, stability, and prosperity in the region and ensure that relations remain adaptable to meet new challenges; and appropriately cooperate in international and regional fora of which ASEAN member states and the US are members. The two sides stressed the importance of creating a peaceful environment for strengthening the existing bonds of … [Read more...] about US-ASEAN Joint Statement released, reaffirming more comprehensive Dialogue Relations