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National Assembly (NA) Chairman Vuong Dinh Hue (L) and his Lao counterpart Saysomphone Phomvihane in the welcome ceremony (Photo: VNA) Hanoi (VNA) – National Assembly (NA) Chairman Vuong Dinh Hue and the NA delegation arrived in Hanoi late May 17, concluding an official visit to Laos at the invitation of Lao NA Chairman Saysomphone Phomvihane from May 15. In a thank-you letter to the Lao NA Chairman, Hue thanked the Lao legislative leader and other leaders for the warm welcome and the sincere, straightforward and trustful discussions during his visit, which he said contribute to promoting the further development of the great friendship, special solidarity and comprehensive cooperation between the two countries in general and the two legislative bodies in particular. Earlier before leaving Laos , NA Chairman Hue and the high-ranking NA delegation called at the Vietnam Consulate General in Pakse, Champasak province, and met with representatives from the Vietnamese … [Read more...] about NA Chairman Vuong Dinh Hue concludes official visit to Laos

NA Chairman Vuong Dinh Hue (L) and General Secretary of the Lao People's Revolutionary Party (LPRP) Central Committee and President of Laos Thongloun Sisoulith (Photo: VNA) Hanoi (VNA) – The visit by National Assembly (NA) Chairman Vuong Dinh Hue to Laos from May 15-17 was a success, helping further foster the cooperative relations and mutual support between the two parliaments, and bolster the great friendship, special solidarity and comprehensive partnership between the two countries, according to Chairman of the NA Committee for External Relations Vu Hai Ha. Speaking to Vietnam News Agency following the visit, Ha said that senior leader of Laos highly valued the first visit by Hue as the Vietnamese top legislator during the Vietnam-Laos, Laos-Vietnam Solidarity and Friendship Year 2022, making him the first foreign parliament leader to visit Laos during the ninth tenure of the Lao NA. The Lao side congratulated Vietnam on its achievements in socio-economic development and … [Read more...] about NA Chairman’s visit helps bolster partnership with Laos: Official

National Assembly Chairman Vuong Dinh Hue (right) and President of the Laos-Vietnam Friendship Association Boviengkham Vongdara (Photo: VNA) Vientiane (VNA) – National Assembly Chairman Vuong Dinh Hue commended the Laos-Vietnam Friendship Association for its contributions to the friendship and special solidarity between the two countries, during a reception for its President Boviengkham Vongdara in Vientiane on May 17. Hue described people-to-people diplomacy as an important diplomatic channel between Vietnam and Laos, in which associations play a significant role. The two sides should further educate their peoples, especially young generations, about the relations and the need to preserve and promote the rare relationship, the top legislator stressed. He asked Boviengkham Vongdara, who is also Lao Minister of Science and Technology, to continue supporting the Vietnamese community in Laos and more than 200 Vietnam ese businesses operating in the neighbouring … [Read more...] about People-to-people diplomacy important to Vietnam-Laos relations: NA Chairman

Prime Minister Pham Minh Chinh (right) had a meeting with Joseph Bae, Co-Chief Executive Officer of the private equity firm Kohlberg Kravis Roberts in New York on May 16. — VNA/VNS Photo Duong Giang Prime Minister Pham Minh Chinh met with leaders of global investment firm Kohlberg Kravis Roberts (KKR) and Visa Group in New York and held phone talks with the Deputy Managing Director of the International Monetary Fund (IMF) during his trip to the US. At a meeting with Joseph Bae, Co-Chief Executive Officer of KKR, on May 16 (US time), the PM asked the firm to share its experience and offer proposals to Viet Nam. Joseph Bae expressed KKR's wish to expand its operation in real estate, infrastructure, digital transformation, food, consumer goods and technology in Viet Nam, noting that the firm had invested more than US$1 billion in three Vietnamese companies. Viet Nam is an attractive market for investors with incentives rolled out by the Government, along with its favourable … [Read more...] about PM meets leaders of investment firm Kohlberg Kravis Roberts, Visa Group in New York

The Emirates Group has released its 2021-22 Annual Report, which shows a strong recovery across its businesses.— Photo courtesy of Emirates The Emirates Group has released its 2021-22 Annual Report, which shows a strong recovery across its businesses. dnata returned to profitability, and significant revenue improvements were reported across Emirates and dnata as the group rebuilt its air transport and travel-related operations, which were previously cut back or curtailed by the pandemic. For the financial year ended 31 March 2022, the Emirates Group posted a loss of AED 3.8 billion (US$ 1.0 billion) compared with an AED 22.1 billion (US$ 6.0 billion) loss for last year. The group’s revenue was AED 66.2 billion (US$ 18.1 billion), an increase of 86 per cent over last year’s results. The group’s cash balance was AED 25.8 billion (US$ 7.0 billion), up 30 per cent from last year, mainly due to strong demand across its core business divisions and markets, triggered by the easing … [Read more...] about Emirates Group reports strong recovery in 2021-22

According to the signed agreement, Shinhan Bank Vietnam will consult and introduce life insurance products of Shinhan Life to the bank's customers nationwide. The first product developed through this distribution channel is Shinhan – Credit, a protection product for borrowers. The strategic partnership between Shinhan Bank Vietnam and Shinhan Life Vietnam will bring insurance products with optimal benefits to customers Mr. Kang GewWon, General Director of Shinhan Bank Vietnam, shared: “In recent years, customers' demand for insurance products at the bank has expanded substantially. They want comprehensive advice on financial solutions, including insurance products. Therefore, the strategic partnership between Shinhan Bank Vietnam and Shinhan Life Vietnam aims to jointly bring insurance products with optimal benefits to customers, simultaneously, demonstrates sustainable bond of Shinhan Bank Vietnam as well as Shinhan Life Vietnam with Vietnam’s market in the coming … [Read more...] about Shinhan Life Vietnam and Shinhan Bank Vietnam sign insurance business partnership