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Participants in the ceremony bathe the Buddha statue, a ritual of the traditional New Year festival of Cambodia, Laos, Myanmar, and Thailand (Photo: VNA)

HCM City (VNA) – A ceremony was held at Pho Minh Pagoda in Ho Chi Minh City on April 14 to celebrate the traditional New Year of Cambodia , Laos, Myanmar, and Thailand.

Organised by the HCM City Union of Friendship Organisations (HUFO) and the city’s committee of the Vietnam Buddhist Sangha (VBS), the ceremony saw the presence of representatives from the consulates-general of the four countries in HCM City, the municipal Vietnam Fatherland Front Committee, the municipal Committee for Overseas Vietnamese, and the countries’ entrepreneurs and students.

The traditional New Year festival is known as Chol Chnam Thmay in Cambodia, Bunpimay in Laos, Thingyan in Myanmar , and Songkran in Thailand.

Addressing the celebrations, HUFO Vice Chairwoman Tran Hoang Khanh Van said the ceremony aims to further promote mutual understanding, cultural exchange, and multifaceted cooperation between Vietnam, including HCM City, and the four neighbouring countries.

She noted that Vietnam, Cambodia, Laos, Myanmar, and Thailand are ASEAN members and have cooperated and assisted one another over many years. Their peoples have stood side-by-side in fighting for national independence, developing their countries, and building an ASEAN Community of peace, stability, cooperation, and prosperous development.

Most Venerable Thich Thien Tam addresses the ceremony held at Pho Minh Pagoda on April 14 (Photo: VNA)

Most Venerable Thich Thien Tam, Vice President of the Executive Council of the Central VBS Committee and deputy head of the HCM City VBS Committee’s executive board, said the traditional New Year of Cambodia, Laos , Myanmar, and Thailand reflects the similarities in culture and religious practices among the countries, adding that it is helpful in strengthening the five nations’ solidarity in their development efforts and in ASEAN Community building.

Echoing that view, Ratiwan Bonprakhong, Chief Representative of the Tourism Authority of Thailand’s HCM City Office, held that the ceremony helps bring the five countries’ people closer together and also demonstrates their solidarity and unity./.

At the event (Photo: VNA)

HCM City (VNA) – Students of Cambodia and Laos in Ho Chi Minh City on April 12 joined a get-together held by the Ho Chi Minh Communist Youth Union (HCYU) of the city on the occasion of their New Year festival.

The New Year festival, called Chol Chnam Thmay in Cambodia and Bunpimay in Laos, takes place in April every year.

Addressing the event, Vice Secretary of the municipal Party Committee Nguyen Ho Hai wished the participants a new year of happiness.

He added that the friendship, solidarity and mutual support between the countries are the factor ensuring victory in the countries’ national development and safeguarding in the past, at present and in the future.

Hai voiced his belief that students of Laos, Cambodia and HCM City will actively strengthen their bond and bolster the sound relations between the countries towards the goal of building the ASEAN Community of peace, cooperation and development.

The get-together also featured Laos and Cambodia’s rituals like thread tying on the wrist and water-splashing to wish for a year of happiness and prosperity.

There are some 925 Lao and Cambodian students learning at HCM City’s educational establishments./.

Representatives of Vietnam and the UK hand over notes confirming the date when the UKVFTA comes into force. Photo: VNA

Emily Hamblin, UK consul general in Ho Chi Minh City and trade director for Vietnam, said that May 1 is the next milestone to celebrate in the United Kingdom and Vietnam’s timeline of implementing the free trade deal (UVFTA), when the agreement will legally enter into force.

However, the benefits of it have already been in place for several months, being provisionally applied from January 1. Some 65 per cent of all tariffs have already been eliminated and this will increase to 99 per cent over the next six years. This equates to tariff savings of $134.65 million per year on Vietnamese exports to the UK by full implementation, and of $42.52 million per year on UK exports to Vietnam.

Among them, there are huge cooperation opportunities in the field of healthcare. Hamblin said that in an age of growing challenges from non-communicable diseases, and emerging threats from infectious diseases such as COVID-19, digital health has the potential to offer new solutions and alleviate pressure on overstretched health systems. Digital health technology can empower patients to actively participate in their care, improve clinical outcomes, and enhance operational efficiency.

Innovation and technology have touched many aspects of life in Vietnam and healthcare is no exception. In a concerted effort to embrace Industry 4.0, the Vietnamese government has committed to a national agenda that seeks to harness the potential of digital solutions across the healthcare system. This has set a solid foundation for digital transformation in Vietnam, and the UK shares many of the same aspirations.

“We seek to utilise digital innovation to expand equitable access to quality care, in line with United Nations Sustainable Development Goal 3 on good health and wellbeing. At the early stage of digital transformation, Vietnam has plenty of opportunities to avail of innovative solutions from the UK,” Hamblin stressed.

Meanwhile, Nitin Kapoor, chairman and general director of AstraZeneca Vietnam, said, “As AstraZeneca continually strives to put patients first, we appreciate the UVFTA that is helping to ensure continued access to our innovative and high-quality medicines for millions of Vietnamese patients.

British pharmaceuticals like AstraZeneca can enjoy the increased protection and enforcement of intellectual property rights, internationalised standards and technical regulations, and enhanced transparency of policies on government procurement and reimbursement, which in turn will allow us to better serve local patients.”

Kapoor stressed that the UVFTA entering into force is especially meaningful when the UK and Vietnam are looking forward to another decade of bilateral strategic partnership, cooperating ever more closely in numerous areas, including healthcare, to strengthen the livelihoods and economic prosperity of the people.

Indeed, a number of UK healthcare investors have started to set up their presence in Vietnam. Last year London-based Real Capital London launched a $156 million Hong Anh Medical Campus project in Ho Chi Minh City. The facility will be a state-of-the-art healthcare system incorporating a 462-bed hospital, a medical training centre, a network of general practice clinics and pharmacies, and senior residencies and nursing homes, adding much needed facilities and services to Vietnam’s healthcare system.

The project is divided into four stages, with the final phase expected to be completed by 2030. The fund’s vision is to build a state-of-the-art medical campus under British standards, offering the highest standards of healthcare in Vietnam

As of present, British investors have poured $3.87 billion across over 400 projects in Vietnam and is the 15th-largest foreign investor in the country. Established British actors already here include financial services companies like HSBC, Standard Chartered Bank, and Prudential; Jardines in real estate; and healthcare companies such as AstraZeneca, GSK, and Reckitt.

In the past decade, Vietnam and the UK already enjoyed a strong growth cycle – with bilateral trade growing on average 12 per cent per year. The UVFTA is built upon that strong basis and is opening the doors to increase capital flow between the two nations, according to Hamblin.

She stressed that the UVFTA provides better market access for services, as Vietnam has committed to opening up markets beyond that set out within the World Trade Organization’s baseline, which delivers greater market access for UK service providers. These and other measures set out in the FTA represent real benefits for both businesses and consumers.

In the same vein, Kenneth Atkinson, executive chairman of Grant Thornton Vietnam and a board member of Britcham Vietnam, said that the UVFTA is one of the first signed and entered into by the UK, after leaving the European Union last year. The agreement reflects the importance both the UK and Vietnamese government place on the strategic partnership and the growing importance of the bilateral relationship.

Atkinson expected that a reduction in regulatory barriers and red tape will attract UK investors to Vietnam, particularly in the healthcare space.