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TRH The Danish Crown Prince Couple will pay an official visit to Vietnam this November to celebrate 50 years of diplomatic relations between the two countries and promote green solutions. TRH The Crown Prince and Crown Princess and the accompanying Danish business delegation will arrive in Hanoi on November 1 on a two-day visit where they will meet with local business people and official representatives, participate in debates on green transition and visit local energy projects. The visit is also part of celebrating the 50-year anniversary for Danish-Vietnamese diplomatic relations. Denmark and Vietnam share a close bilateral relationship. On energy, Denmark and Danish businesses are supporting Vietnam’s green transition. The close bilateral relationship is illustrated by a Comprehensive Partnership Agreement from 2013. Further, in 2017 Denmark and Vietnam signed a Danish Energy Partnership Programme that supports Vietnam’s ambitions to live up to the Paris Agreement. … [Read more...] about Danish Crown Prince Couple to visit Vietnam

At the working session, Rear Admiral Nguyen Van Lam, President of the Naval Academy, briefed the Cambodian guests on the history, tradition, missions, achievements and orientation for the development of the academy. He also updated the visiting mission on the academy’s outcomes in training Cambodian naval cadets and officers. Over the past years, the Naval Academy has trained thousands of Cambodian naval officers. In recent years, despite the complicated developments of the COVID-19 pandemic, the academy has still continued its training programs for Cambodian cadets as planned. All of the Cambodian trainees have completed training courses, meeting all set training requirements. For his part, Vice Admiral Non Sophat sincerely thanked the Naval Academy’s Party Committee and Directorate for the sentiment and expected that education and training programs between Cambodian military schools and Vietnam’s Naval Academy will be effectively expanded in the coming time, contributing to … [Read more...] about Royal Cambodian Navy’s mission visits Vietnam’s Naval Academy

The State leader hailed the contributions by Rosler to the Vietnam-Germany strategic partnership either as a German politician in the past or a business leader and Vietnam’s Honorary Consul in Switzerland at present. Noting the fast recovery of tourism in Vietnam, President Phuc said he hopes more and more tourists and businesses from Europe will come to Vietnam. According to the President, although the EVFTA has opened up opportunities for trade and investment ties between Vietnam and Germany and Switzerland, bilateral trade between Vietnam and those countries decreased in 2021 due to the pandemic. Phuc urged the three countries to act to further bolster economic, trade and investment cooperation. He asked Rosler to continue working to promote the Vietnam-Germany strategic partnership and the Vietnam-Switzerland friendship and collaboration, particularly the early signing of a free trade agreement between Vietnam and the European Free Trade Association (EFTA). He added that he … [Read more...] about President hosts Honorary Consul of Vietnam in Switzerland

According to the latest report by HSBC, total FDI to ASEAN-6 (Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines) has averaged nearly $127 billion per year since 2010, approximately three times more than the average over the previous decade – the average for 2000-09 was $41 billion. Similarly, net FDI – inbound minus outbound direct investment – has averaged nearly $54 billion a year since 2010, almost four times the average from the previous decade. Thinking of FDI-driven economic success stories, Vietnam naturally stands out. The country has turned itself into a rising star in global supply chains, gaining a substantial global market share in many sectors including textiles, footwear, and consumer electronics. Since Vietnam’s Doi Moi reforms in 1986, industrial parks have been set up across the country, attracting investors with preferential tax incentives and an abundance of relatively cheap and productive labour. New FDI has been flowing into the country … [Read more...] about Vietnam continues to be one of the top FDI receivers in ASEAN

In the first six months of 2022, Vietnam Airlines has resumed flights to 14 countries and territories, including the UK, France, Germany, Australia, the US, Japan, Korea, Thailand, Malaysia, Singapore, Laos, Cambodia, Taiwan, and Hong Kong. Lately, the airline has opened a new route to India and is preparing the necessary conditions to immediately reopen flights to China, Myanmar, and Russia when the conditions permit. The national carrier is expected to resume flights to Indonesia in July and key international routes to Japan, Korea, and Australia in November at the same flight frequency as in 2019. It hopes that it will be able to restore the entire international flight network, equivalent to that in 2019 by the end of 2023. The gradual restoration of international flight routes is an opportunity for Vietnam Airlines to improve the usage efficiency of resources, increase revenue, improve production and business results, reduce losses, and aim at profits in the following years. … [Read more...] about Vietnam Airlines plans to restore its entire flight network by the end of 2023

Vietnam remains a favorite destination for foreign firms seeking to shield from a combination of geopolitical tensions, rising operational costs thanks to the country’s strong economic performance in recent years. Foreign Direct Investment (FDI) commitments in the first half of 2022 reached over US$14.03 billion, equivalent to 91.1% of the same period last year, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has shown. Production at Rhythm Precision in the Noi Bai Industrial Park, Hanoi. Photo: Pham Hung In the six months, 752 new projects have been approved with total registered capital of $4.94 billion, down 6.5% in the number of projects and 48.2% in capital year-on-year, while 487 existing projects have been injected an additional $6.82 billion, up 5.9% in number and 65.6% in capital. Meanwhile, 1,7077 projects had nearly $2.27 billion contributed by foreign investors, which was down 8% in several … [Read more...] about FDI commitments to Vietnam reach over US$14 billion in H1 2022

NA Chairman Vuong Dinh Hue (L) and his Hungarian counterpart László Kövér at the press meeting on June 27. (Photo: VNA) Budapest (VNA) – Vietnamese National Assembly (NA) Chairman Vuong Dinh Hue's official visit to Hungary has attracted attention from the media in Eastern Europe. In Hungary, Magyar Nemzet (Hungarian Nation) newspaper ran an article saying the two countries’ traditional friendship has recorded great strides, especially since the visit to Vietnam by Prime Minister Orban Viktor and a trip to the European nation by General Secretary of the Communist Party of Vietnam Nguyen Phu Trong. Hue's visit from June 25-28 would create a stepping stone for the two countries’ comprehensive partnership to enter a new chapter in the time ahead, particularly after Vietnam and the European Union (EU) completed the ratification of the EU-Vietnam Investment Protection Agreement (EVIPA) and a free trade agreement (EVFTA), according to Magyar Nemzet. In its writing, Magyar … [Read more...] about NA leader’s Hungary visit grabs headlines on Eastern European media

Denmark is considered a dedicated and innovative partner not least due to the historic development cooperation between this country and Vietnam. A Danish delegation headed by the Danish Crown Couple, Prince Frederik and Princess Mary will visit Vietnam on November 1-2 to celebrate the 50th founding anniversary of Danish-Vietnamese diplomatic relations and promote green solutions. The Crown Prince and Crown Princess and the accompanying Danish business delegation will meet with leaders of the Vietnamese State and Government, as well as local enterprises. Wind energy and energy efficiency will be the focus of their visit whose agenda includes debates on green transition and visits to local energy projects. On energy, Denmark and Danish businesses are supporting Vietnam’s green transition. Danish Crown Prince Frederik and Princess Mary. Photo: EPA Denmark and Vietnam share a close bilateral relationship, which is guided by a Comprehensive Partnership … [Read more...] about Danish Crown Prince’s visit to Vietnam promotes green solutions

Mobile malware in Vietnam increased by nearly 46.9% in 2021. (Photo courtesy of Kaspersky) HCM City (VNS/VNA) - Along with a surge in the number of mobile phone users accessing the Internet, there has been an increase in the number of mobile malware targeting Vietnamese users, according to the global cybersecurity company Kaspersky. According to the Digital 2022 report conducted by We Are Social, the number of mobile phone users accessing the Internet grew by 147% year-on-year last year. Kaspersky, meanwhile, reported that it detected and prevented a total of 43,171 mobile attacks targeting Vietnamese users last year, 46.9% higher than in 2020. Trojan is the most common threat in Vietnam. While Vietnam and Thailand saw growth in the number of malware attacks, the rest of Southeast Asia observed a downward trend in the number of attacks on mobile users thanks in part to Kaspersky’s efforts to block more than 2,000 mobile malware per day. Indonesia was the country … [Read more...] about Mobile malware up in Vietnam: Kaspersky’s report

National Assembly Chairman Vuong Dinh Hue pays an official visit to the United Kingdom of Great Britain and Northern Ireland from June 28-30 (Photo: VNA) Hanoi (VNA) – Chairman of the National Assembly Vuong Dinh Hue’s official visit to the UK from June 28-30 presents a great opportunity for the two countries to strengthen their relations in legislative and reform issues that will support Vietnam’s development in the coming years, UK Ambassador to Vietnam Gareth Ward has affirmed. Talking to the press, he said there are three main areas for such cooperation, namely digitalisation, simplification of rules and procedures to strengthen the business environment; supporting equality, gender equality and equality for minority groups; and legislation and regulation around the green economy. He stressed that the strategic partnership between the UK and Vietnam is solid but there is plenty of room for it to expand. Hue’s visit, the second of a senior Vietnamese leader to … [Read more...] about Top legislator’s visit a great opportunity for boosting Vietnam-UK ties: UK Ambassador