The Hanoitimes - Emulation subject of the Foreign Ministry in 2017 is "Year of APEC Vietnam 2017 - Improving the efficiency in service development and international integration." On January 18, Deputy Prime Minister and Foreign Minister Pham Binh Minh hosted a reception for D.J Pandian, Vice President and Chief Investment Officer of the Asia Infrastructure Investment Bank (AIIB) in Hanoi. Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh made speech at the conference Deputy PM Minh spoke highly of efforts of the AIIB’s member nations in accelerating the establishment and operation of the bank, which is now one of the key international financial organisations in the region. Just less than one year after its formation, the bank has set up ties with many international financial institutions and many countries have expressed their wish to become its members, he stressed. The Deputy PM hopes Vice President Pandian will give support and necessary … [Read more...] about Deputy PM welcomes Asia Infrastructure Investment Bank’s leader
Asian investment banking conference
Prime Minister Nguyen Tan Dung yesterday separately received the Japanese, Indian and French finance ministers as well as representatives of the OPEC Fund for International Development (OFID) at the 44th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB). Welcoming Noda Yoshihiko's visit to Viet Nam and participation in the ADB annual meeting, Dung expressed his deep sympathies for the loss and suffering the earthquake and tsunami had caused to Japan. He stressed Viet Nam would do its best to help both the Japanese Government and people to overcome difficulties and see the country quickly regain its stability. Dung also thanked the Japanese Government and people for ensuring the safety of Vietnamese people working and studying in that country when the natural disasters occurred. Expressing his delight at the development of the Viet Nam-Japan strategic partnership in all fields, the Prime Minister thanked Japan for its assistance to Viet Nam. He said he hoped … [Read more...] about Asian Development Bank guests welcomed by PM
(MPI Portal) - The Minister of Planning and Investment Bui Quang Vinh had a meeting with Vice President of Asian Development Bank (ADB) on April 23rd. Minister Bui Quang Vinh and Vice President of ADB Lohani. Photo: Thanh Son (MPI Portal) At the meeting, Vice President of ADB believes that Vietnam will overcome the middle-income trap, developing with available potential in the future. ADB was ready to support Vietnam in response to climate change, sustainable growth, small and medium enterprises and cooperation in the private sector ... Besides, ADB would also assist Vietnam in developing a knowledge-based economy as it should be. However, he hoped that Vietnam would have new policies for more effective disbursement. In a consensus with the Vice President, Minister Bui Quang Vinh claimed, ADB is a big and important partner of Vietnam in general as well as the Ministry of Planning and Investment in particular. Mr. Bui Quang Vinh hopes ADB to take part in a consultative … [Read more...] about Strengthening cooperation between Vietnam and the Asian Development Bank
On the occasion of the 10th anniversary of the establishment day of the ADB representative agency in Vietnam, a press conference was held on 11 July to publicize the ADB-Vietnam relationships and introduce an exhibition about ADB and Vietnam partnership held on the west bank of the Han River from 11 to 17 July. Mr. Ayumi Konishi, Director of ADB Vietnam, said that ADB re-committed its support for the central region and Danang through projects of fresh water supply, environmental sanitation and poverty alleviation. As an international financial organization, ADB has supported Vietnam in its socio-economic development and poverty alleviation since 1993 with loans and non-refundable aids valued at 4.3 billion USD. The private sector was invested 225mil USD with seven projects. In addition, ADB also assisted with building 1,500 km of roads and clean water supply for more than 6.7 million of people and building an irrigation system for more than 200,000 ha. (From Danang Newspaper) … [Read more...] about Asian Development Bank (ADB) commits support for central Vietnam and Danang
Danang has been designated by the central government to be the core city of the Key Economic Zone in central Vietnam, the entrance to the UNESCO World Heritage sites, and the terminal point of the East-West Corridor linking with Laos, Thailand and Myanmar. It is clear that Danang's location makes it a strategic location from which your business can access potentially rich Vietnamese and other Asian markets. I. STRATEGIC LOCATION The coastal city of Danang is situated at the very heart of Vietnam, 759km from Hanoi and 960km from Ho Chi Minh City. It lies on the north-south communications axis of land ( National Road 1A), rail, sea and air routes. Danang borders Thua Thien - HueProvince in the north, QuangNamProvince in the south and the west, and the EasternSea in the east. It is located in a typical tropical area influenced by monsoons with an annual average temperature of 25.7C. The city has a natural land area of 1,256km2 and a population of 887,069 as of 01 April 2009. … [Read more...] about Why invest in Danang?