Vietnam international trade fair 2021

Chairman of the National Assembly Vuong Dinh Hue (Photo: VNA) Hanoi (VNA) – The official visit to the UK from June 28 - 30 by National Assembly (NA) Chairman Vuong Dinh Hue is the first trip to this European country by a parliamentary leader of Vietnam in 11 years, expected to help enhance political trust and cooperation between the two parliaments as well as their countries’ multifaceted relations. The visit will be made at the invitation of Lord Speaker of the House of Lords John McFall and Speaker of the House of Commons Lindsay Hoyle. The parliaments of Vietnam and the UK have recorded cooperation strides in the recent past. They have maintained delegation exchanges at all levels, including the visits by Vietnam’s NA Chairman Nong Duc Manh in 1994, Nguyen Van An in March 2005 and Nguyen Sinh Hung in December 2011, and the trip by Deputy Speaker of the UK House of Commons Eleanor Laing in October 2016. The two sides have also frequently held mutual visits … [Read more...] about Official visit by NA leader to reinforce Vietnam – UK parliamentary ties

Hungary was the first European Union state to approve the EU-Vietnam Investment Protection Agreement (EVIPA). Vietnam and Hungary are expected to sign an agreement on cooperation between the two parliaments in replacement of the one inked in 2008. Chairman of Vietnam’s National Assembly Vuong Dinh Hue and István Jakab, Deputy Speaker of the National Assembly of Hungary, in Budapest on June 26 (local time). Photos: VNA The agreement would be signed during the visit to Budapest by Chairman of Vietnam’s National Assembly Vuong Dinh Hue on June 26-28 at the invitation of Speaker of Hungary’s National Assembly László Kövér. The parliamentary cooperation is evidence of the Comprehensive Partnership agreed in 2018 during the visit paid by General Secretary of the Communist Party of Vietnam Nguyen Phu Trong to the European country. The cooperation agreement is believed to cover three main fields namely the exchange of visits of high-profile officials and … [Read more...] about Vietnam, Hungary to sign new parliamentary cooperation agreement

Workers process pineapple for export at the factory of the An Giang Agriculture and Food Import - Export Company. (Photo: VNA) Hanoi (VNA) – Vietnam has recorded impressive growth in exports to Hungary in recent years, statistics showed. Exports from Vietnam to Hungary increased eight-fold to 1 billion USD in 2020 from 124.2 million USD in 2016. The figure stood at 842.7 million USD in the first 10 months of 2021, up 5% year on year, according to data from the European country. Though shipments of agricultural and food products remain modest, the revenue posted a strong increase in the recent past as seen in some key exports. Vietnam exported almost 4.4 million USD worth of processed coffee to Hungary in 2020, surging 38-fold from four years earlier, and 7.13 million USD during January - October of 2021, up 85.6% year on year. Cashew nut exports grew 27.7% to nearly 2.4 million USD in 2020 compared to 2016, and 11.6% year on year to 2.2 million USD in the first 10 … [Read more...] about Vietnam’s exports to Hungary on the rise

The Australian top diplomat said the ties between the countries run deep. Australian Foreign Minister Penny Wong today [June 27] met with Vietnamese counterpart Bui Thanh Son in Hanoi as part of her three-day visit to affirm the new Australian government’s commitments to continue the Strategic Partnership with Vietnam. Vietnam's Foreign Minister Bui Thanh Son (R) and Australia's Foreign Minister Penny Wong in Hanoi on June 27. Photos: Baoquocte In the visit which was made one month after she was sworn in as Australian Foreign Minister, Wong affirmed the role of Vietnam in the regional architecture and the two countries in the regional peace and security. In Vietnam, Wong will meet with President Nguyen Xuan Phuc, Prime Minister Pham Minh Chinh, and Chairman of the CPV Central Committee’s Commission for External Relations Le Hoai Trung. Her trip comes ahead of next year’s 50th anniversary of diplomatic relations between Vietnam and Australia. Before the … [Read more...] about Penny Wong arrives in Hanoi, affirming new Australian cabinet relations with Vietnam

The Cashless Ride program, as a part of this year’s Cashless Day, organized a fair in Da Nang City, central Vietnam on Sunday to introduce digital payment methods to local residents. The event attracted many residents and tourists, especially young people. Participants had an opportunity to experience cashless payment technologies as well as play games and win prizes offered by the program’s partners, namely NAPAS, Sacombank, MBBank, HDBank, VNPT Money, SHB, and Nam A Bank. The fair was an activity organized by the Cashless Ride, one of the programs within the framework of this year’s Cashless Day. The day has been marked annually on June 16 since 2019 by Tuoi Tre (Youth) newspaper and the State Bank of Vietnam. Cashless payments are a mainstream trend in many countries nowadays, said Vo Minh, director of the State Bank of Vietnam's Da Nang branch. Digital payments in Da Nang have grown strongly in recent years, with a variety of payment methods including bank cards, … [Read more...] about Da Nang residents try out digital payment methods at cashless fair

Reciprocating her sentiment, her Vietnamese counterpart Bui Thanh Son welcomed Wong’s choice of Vietnam as her first Southeast Asian destination since taking office last month. He said her visit would strengthen and boost bilateral relations. Wong will conclude her official visit to Vietnam on Tuesday, the Ministry of Foreign Affairs said in a statement. She said Australia has always valued Vietnam's role in the region and that the new government was committed to further strengthening the strategic partnership with Vietnam. The two ministers agreed that it was important the two countries strengthen cooperation in sectors and industries hit hard by the pandemic like tourism, education, and labor cooperation, as well as traditional areas like trade, investment, defense and security. They also agreed that the two countries would expand collaboration in climate change, green growth, and sustainability. Son wanted Australia to continue contributing to regional cooperation with … [Read more...] about Australia values Vietnam’s partnership, regional role: FM

Famous specialist on Southeast Asia Carl Thayer said Vietnam was entirely justified under international law in exercising self-defense against the Khmer Rouge who first attacked Vietnamese island territories in 1975. Vietnam and Cambodia celebrated the 55th anniversary of diplomatic relations on June 24, 2022. On this occasion, Emeritus Professor at the University of New South Wales (UNSW), Canberra Carl Thayer wrote to The Hanoi Times his insights into the relations between the two neighboring countries. The 55th anniversary of diplomatic ties between Vietnam and Cambodia celebrated in Hanoi on June 24. Photo: Baoquocte In 1967 the war in Vietnam was escalating as the United States poured more ground troops into South Vietnam and sought to interdict the Ho Chi Minh Trail. At the same time, the U.S. continued its air war over North Vietnam. Prince Norodom Sihanouk consistently followed the path of neutrality and non-alignment since independence … [Read more...] about Vietnam entirely justified in exercising self-defense against Khmer Rouge: Carl Thayer

The visit will be made at the invitation of Lord Speaker of the House of Lords John McFall and Speaker of the House of Commons Lindsay Hoyle. The parliaments of Vietnam and the U.K. have recorded cooperation strides in the recent past. They have maintained delegation exchanges at all levels, including the visits by Vietnam’s N.A. Chairman Nong Duc Manh in 1994, Nguyen Van An in March 2005 and Nguyen Sinh Hung in December 2011, and the trip by Deputy Speaker of the U.K. House of Commons Eleanor Laing in October 2016. The two sides have also frequently held mutual visits between their parliaments’ committees, and by the British All-Party Parliamentary Group (APPG) for Vietnam and the Vietnam - U.K. Parliamentary Friendship Group. Most recently, an N.A. delegation led by Chairman of the Committee for Science, Technology and the Environment Le Quang Huy attended the Inter-Parliamentary Union (IPU)’s pre-COP26 parliamentary meeting and met with the head of the British parliamentary … [Read more...] about Official visit by N.A. leader to reinforce Vietnam – U.K. parliamentary ties

Peeyush Sharma, CEO of Coca-Cola Beverage Vietnam Co., Ltd. and Tran Duy Dong, deputy minister of Planning and Investment The statement was made by Peeyush Sharma, CEO of Coca-Cola Beverage Vietnam Co., Ltd. at the Danang Investment Forum 2022 held by the Danang Party Committee and the municipal People's Committee. At the forum, the leader of Coca-Cola had a chance to share the company’s vision with Prime Minister Pham Minh Chinh, the leaders of Danang, and the Ministry of Planning and Investment. As a foreign investment enterprise (FIE) based in Danang for over 20 years, Coca-Cola Vietnam has always accompanied the local authorities and people in socioeconomic and environmental protection activities. It highly appreciates the favourable investment climate and attractive incentives offered by the government as well as the local leaders. The company is committed to supporting the deepening of bilateral ties between Vietnam and the US. This will help leverage Vietnam in general, … [Read more...] about Coca-Cola Vietnam’s leader is committed to a long-term investment in Danang

In 2020-2021, despite being heavily affected by the COVID-19 epidemic, Vietnam’s GDP still maintained positive growth, mainly thanks to the growth of import-export and investment, especially foreign direct investment. In fact, a number of industries recovered strongly after the epidemic such as retail, personal goods, and pharmaceuticals, due to a good recovery in domestic demand. Construction industry pins hope in public investment, FDI and real estate to bounce back. Some industries showed good recovery reaching close to the pre-pandemic period, including transportation, warehousing, and forestry, while logistics sector is expected to be a bright spot in the coming years. The Asian Development Bank has forecasted that Vietnam 's economic growth will recover to 6.5% in 2022 and reach 6.7% in 2023. The International Monetary Fund , meanwhile believes that the figures will be 6% in 2022 and 7.2% in 2023./. VNA … [Read more...] about Vietnam’s economy expects strong recovery