Vietnam india friendship association

Participants pose for a group photo at the event (Photo: VNA) Vientiane (VNA) - The Consulate General of Vietnam in Laos’s Luang Prabang province has coordinated with eight northern Lao provinces to organise a ceremony reviewing the Vietnam-Laos and Laos-Vietnam Year of Friendship 2022. Addressing the November 30 ceremony, Consul General Kieu Thi Hang Phuc said in both nations, the year is bustling with activities across all levels in many fields of politics-diplomacy, defence-security, economy, and culture. She said political, diplomatic cooperation has been strengthened, consolidating the nations’ great friendship, special solidarity and comprehensive cooperation. According to her, the defence-security between northern Lao provinces and Vietnamese border provinces like Thanh Hoa, Nghe An, Son La, and a number of military regions have been well maintained via joint patrols, experience exchange sessions, human resources training, and martyrs’ remains search and … [Read more...] about Vietnam-Laos friendship year experiences myriad activities across fields

At the event (Photo: VNA) Hanoi (VNA) – The Vietnam Coast Guard (VCG) will hold a friendship exchange in Hanoi from December 8-11 with the participation of 500. Introducing the programme at a December 1 press conference, Major General Tran Van Xuan, Deputy Political Commissar of the force, said the event aims to enhance mutual understanding, build on trust, and create high consensus in cooperation between the VCG and other law enforcement forces at sea of countries in the region, especially neighbouring countries and those with bordering seas. Participating foreign forces consist of those from the Cambodia, China, Indonesia, Malaysia, the Philippines, and Thailand. The exchange is set to feature courtesy calls, bilateral meetings, a conference, a defence exhibition, and a trip to Hanoi’s historical and cultural destinations. Illustrative photo (Source: qdnd.vn) The VCG has so far signed cooperation pacts with equivalent law enforcement agencies of nine … [Read more...] about 500 to join Vietnam Coast Guard’s friendship exchange

In the first 10 months, the textile and garment industry recorded about 38 billion USD in export value, up 17.2 per cent year-on-year. (Photo: moit.gov.vn) Hanoi (VNS/VNA) - The Vietnam Textile and Apparel Association (VITAS) has set a goal of helping Vietnam's textile and garment industry be more environmentally friendly by 2030. By 2023, the industry plans to reduce energy consumption by 15% and water consumption by 20%. Green growth is an important part of sustainable development. In recent years, enterprises in the textile - garment - footwear industries have paid special attention to this issue. According to Truong Van Cam, VITA's general secretary, a greener textile and garment industry not only contributes to implementing the national strategy on green growth but also fulfils the requirements of large textile and garment import markets in the world, such as the European Union (EU). Vietnamese textile-garment and leather-footwear firms need to improve the … [Read more...] about Vietnam to reduce environmental impact of textile-garment industry by 2030

An advertisement for corporate bonds. (Photo: baodautu.vn) Hanoi (VNA) - After strong growth in the previous quarter, Vietnam’s currency bond market contracted 0.2% due to a decline in the Government bond market and slower growth in corporate bonds. On an annual basis, the market increased 21.1% to 97.4 billion USD. The information was released in a recent report by the Asian Development Bank (ADB). The country's Government bonds contracted 2% as the outstanding stock of central bank bills fell 70.3% from the previous quarter. Outstanding government bonds reached 67.3 billion USD. Expansion of corporate bonds moderated to 4.1% from the previous quarter, putting the segment at 30.1 billion USD. The report said that aggressive monetary tightening in advanced economies has pushed up bond yields and worsened the downturn of financial conditions in emerging East Asia. Regional currencies fell against the US dollar, equities dropped, and risk premiums widened between … [Read more...] about Vietnam’s bond market contracts amid monetary tightening

Addressing the event, President of the Vietnam-Romania Friendship Association (VRFA)'s chapter in Ho Chi Minh City Nguyen Truong Giang said Romania is one of the first countries to officially recognize the Democratic Republic of Vietnam and has always supported and assisted the Vietnamese people during their struggle for national independence and reunification as well as their current construction and defense. In addition to providing aid in the fields of construction, oil and gas, and railway, Romania has trained more than 4,000 students and post-graduates for Vietnam, many of them have become experts and managers with great contributions to the country’s development, he added. Over the past years,  the municipal VRFA has carried out many activities to support the Romanian Embassy in Vietnam and acted as a bridge to promote solidarity, friendship and cooperation between the people of Ho Chi Minh City and Vietnam and their Romanian peers. For her part, Romanian Ambassador to … [Read more...] about Romania’s National Day celebrated in Ho Chi Minh City

Lao dance performed by Lao students in HCM City (Photo: VNA) HCM City (VNA) – The Ho Chi Minh City Union of Friendship Organisations (HUFO) on December 1 held a get-together in celebration of the 47th National Day of Laos (December 2, 1975-2022). Speaking at the event, Vice Chairman of the municipal People's Committee Ngo Minh Chau, who is also President of the Vietnam-Laos Friendship Organisation, thanked the Lao Party, Government and people for their special affection and valuable help to Vietnam, including Ho Chi Minh City, in the cause of national defence and construction. Together with people in the whole country, those in the city vow to work with their Lao friends to nurture the two countries' traditional friendship, special solidarity and comprehensive cooperation for the benefits of their people, and for peace, cooperation and progress in the region and the world. Thanking HUFO for organising the event, Vanxay Xaysena, Lao Deputy Consul General in Ho Chi Minh … [Read more...] about Laos’ National Day celebrated in Ho Chi Minh City

Illustrative photo (Source: VNA) Hanoi (VNA) - Fishery exports reeled in 10.14 billion USD as of November this year, up 27% annually, said the Ministry of Agriculture and Rural Development. Of the sum, Tra fish and shrimps contributed 2.2 billion USD and 4.1 USD, up nearly 62% and 14.6% year-on-year, respectively. Tra fish’s sharp increase was thanks to the strongest annual surge in the product’s average price, at 50%. Exporters have also seized an opportunity to increase their market share created by the Russia-Ukraine conflict which limits the supply of white fish. Overall, shrimp export turnover has retained good growth so far thanks to strong rises recorded in the first half of the year. In the last half, the value declined due to a decrease in market demand and a short supply of raw materials. The product’s average export price did not increase as strongly as Tra fish, as it faced significant competitive pressure from those of Ecuador and India. Illustrative … [Read more...] about Fishery exports exceed 10 billion USD in 11 months

National Assembly Chairman Vuong Dinh Hue meets Australian Minister of Education Jason Clare (Photo: VNA) Sydney (VNA) - National Assembly Chairman Vuong Dinh Hue had meetings with Australian Minister of Education Jason Clare, and leaders of the opposition in the House of Representatives and the Senate Peter Dutton and Simon Birmingham on December 1, as part of the activities in his ongoing official visit to the nation. With more than 30,000 Vietnamese students in Australia, education cooperation not only contributes to Vietnam's human resources development and Australia's economy, but also helps promote cultural connection and friendship between the two nations, he said. National Assembly Chairman Vuong Dinh Hue meetings with leader of the opposition in the Senate Simon Birmingham (C) (Photo: VNA) He expressed his trust in great cooperation opportunities in education and training between the two countries. bilateral relations to a new height. VNA … [Read more...] about NA Chairman meets Australian minister, parliamentarians

At the International Exhibition of Science and Technology Innovation, more than 400 leading Asian scientific and innovative works were selected from 16 Asia Pacific countries. Countries and ideas that bring scientific and creative achievements were celebrated at the conference held at the Coex convention centre. The Korea Invention Promotion Association awarded a silver medal to Nam Cau Kien Eco-Industrial Park The Vietnamese delegation to the conference included works that have won the Vietnam Innovative Science Prize - Vifotec 2021 and were selected by the scientific council of the organising committee as the leading scientists and economists in Asia. Nam Cau Kien Industrial Park, Hai Phong, was awarded a special creative award by the Masaei Charitable Association for Pham Hong Diep. The investor of Nam Cau Kien Industrial Park has successfully built an ecological industrial park model and was awarded a silver medal by the Korean Invention Promotion Association for … [Read more...] about Nam Cau Kien Industrial Park honoured at international innovation exhibition

The Vietnam Rubber Association (VRA) last month proposed to the Ministry of Finance (MoF) to consider applying a VAT policy on preliminarily processed rubber and latex, similar to other agricultural products. The VRA also urges for the application of preferential corporate tax for income from the harvest of liquidated rubber trees, like other crop products, and a land rent exemption policy for replanted rubber areas during the construction period. The goal is to remove difficulties for the entire value chain, from rubber growers to exporters. Rubber producers continue to brood over tough prices and tax complexities, photo Le Toan In Ho Chi Minh City, Hoa Thuan Trading Co., Ltd. is still waiting for a tax refund of $2 million for rubber exports. Representative Tran Le Thu said, “When completing tax refund procedures in Ho Chi Minh City, the company have to wait for the agency to verify invoices for purchasing raw materials in the provinces.” Thu also pointed towards “a … [Read more...] about Rubber producers continue to brood over tough prices and tax complexities