The AFD and EU have been actively supporting Vietnam in the areas of climate change mitigation and adaptation. Vietnam will receive financial aid from the EU and the Agence Française de Développement (AFD) to reduce the vulnerability to climate hazards in several towns in four northern and central provinces. The project is jointly co-financed with a EUR5 million (US$5.36 million) grant from the EU, a EUR123 million ($132 million) ODA loan from the AFD, and EUR 28 million ($30 million) from provincial budgets. The principal goal is to help localities adapt to climate change and recover from natural disasters such as flooding, typhoons, and drought. Delegates attend the launching ceremony. Photo: the Embassy of France in Vietnam The regional towns include Phat Diem in the northern province of Ninh Binh, Ngoc Lac in the central province of Thanh Hoa, and Hoang Mai in the central province of Nghe An, Huong Khe, and Thach Ha in the central province of Ha Tinh. … [Read more...] about AFD, EU strengthen urban climate resilience in Vietnam
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Russian scholars praise ASEAN’s role, position
At the international seminar on achievements, difficulties and challenges facing ASEAN’s integration (Photo: VNA) Moscow (VNA) – Russian experts have highly valued the role and strategic position of ASEAN in the region and in the world, particularly given recent global fluctuations. They made the comment at an international seminar on achievements, difficulties and challenges facing the bloc’s integration held Moscow on May 25 and 26. The event, co-organised by two academies and the Ministry of Foreign Affairs of Russia, gathered representatives of ASEAN embassies and 40 Russian and international experts. The hybrid event saw 30 presentations in five working sessions, whose topics revolved around ASEAN’s external relations policy, relations with strategic partners, experience in regional integration, and sustainable development. Participants analysed ASEAN ’s roles and stances on building a regional security structure; and development orientations in digitisation, … [Read more...] about Russian scholars praise ASEAN’s role, position
New pact promotes Việt Nam-Europe fashion links
Alain Cany, EuroCham chairman and Lê Thị Quỳnh Trang, chairwoman of Việt Nam International Fashion Week and President of the Council of ASEAN Fashion Designers, sign a MoU on promoting culture, lifestyle, and fashion industry links between Việt Nam and European countries. Photo courtesy of Multimedia JSC HCM CITY — Culture, lifestyle and fashion links between Việt Nam and Europe will be promoted under a Memorandum of Understanding signed this week by the European Chamber of Commerce in Vietnam (EuroCham Vietnam) and the Aquafina Vietnam International Week (VIFW). The signing has presented an opportunity for EuroCham and its affiliated national chambers to support the development of European companies both regionally and in Việt Nam, and to assist Vietnamese companies interested in expanding their European market. It will also identify and promote the benefits of the EVFTA for both groups. It will help Việt Nam’s fashion and culture reach out to the world as well, and … [Read more...] about New pact promotes Việt Nam-Europe fashion links
Lao leaders appreciate Ho Chi Minh City-Vientiane cooperation
During the meetings, Party General Secretary and President of Laos Thongloun Sisoulith, Prime Minister Phankham Viphavan, National Assembly Chairman Xaysomphone Phomvihane and President of the Lao Front for National Construction Central Committee Xinlavong Khoutphaythoun all spoke highly of the cooperation between the Vietnamese southern hub and Lao capital Vientiane as well as other localities of Laos. They affirmed that the Lao people are always grateful for HCM City’s support for and cooperation with not only Vientiane, Savannakhet and Champasak which have twin relations with the city, but also other Lao localities. The visit of the HCM City delegation will contribute to deepening the great friendship, special solidarity and comprehensive cooperation between the two countries, the Lao leaders said. They expressed a wish that HCM City will continue to share its experience in economic development with Vientiane and other Lao localities. The visiting HCM City official expressed … [Read more...] about Lao leaders appreciate Ho Chi Minh City-Vientiane cooperation
Vietnamese Deputy PM calls for investment from Japan in meeting with PM Kishida
Permanent Deputy Prime Minister Phạm Bình Minh has paid courtesy call to Japanese Prime Minister Kishida Fumio during the trip to Japan to attend the International Conference on the Future of Asia. — VNA/VNS Photo HÀ NỘI — During the visit to Japan, Permanent Deputy Prime Minister Phạm Bình Minh has paid courtesy calls to Japanese Prime Minister Kishida Fumio and several other Japanese high-ranking officials on May 26-27. During the meetings, Deputy PM Minh said Việt Nam always considers Japan as an extensive, reliable, and important strategic partner, hoping that the two sides would continue to implement important agreements and common understandings obtained during the official visits of PM Phạm Minh Chính and PM Kishida Fumio, contributing to the promotion of bilateral relations. The Deputy PM emphasised that as the two sides are reopening with the COVID-19 situation under control, Việt Nam and Japan must continue to exchange high-level delegations, especially through … [Read more...] about Vietnamese Deputy PM calls for investment from Japan in meeting with PM Kishida
Vietnam seeks Australian investment opportunities in Sydney
The administration of Binh Duong province, in collaboration with the Vietnamese Consulate General in Sydney and Becamex IDC Corporation, organized an investment promotion seminar in Sydney on May 27. Binh Duong promotes investment opportunities in Australia. (Photo: baobinhduong.vn) In his remarks, Consul General Nguyen Dang Thang introduced to Australian officials and businesses the potential for expanding trade and investment in Vietnam, affirming that the two countries have treasured a close relationship in various fields, including politics, diplomacy, trade and investment. Despite the impact of the COVID-19 pandemic, he said, two-way trade turnover between Vietnam and Australia reached a record high of more than US$12.4 billion in 2021, a year-on-year rise of 49.45%. The first four months of this year alone also saw bilateral trade grow impressively, reaching US$4.8 billion, up 32.37% compared to the same period of last year. With regard to investment, as … [Read more...] about Vietnam seeks Australian investment opportunities in Sydney