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Minister of Foreign Affairs Bui Thanh Son and Omani counterpart Sayyid Badr bin Hamad bin Hamood Al Busaidi had talks on Wednesday. — VNA/VNS Photo Son praised the remarkable developments in cooperation between the two countries over the past three decades in politics, diplomacy, economy and trade, saying they have maintained delegation exchanges and mutual support at international forums, and in natural disaster response and the fight against Covid-19. He views economic cooperation as a bright spot in the bilateral ties, with two-way trade hitting US$338.1 million last year, nearly doubling the figure in the previous year. The Vietnam-Oman Investment (VOI) fund has operated effectively, with an array of projects rolled out in essential fields in Vietnam like water management, agriculture, health care and renewable energy, the minister continued. For his part, the Omani minister lauded the achievements Vietnam has recorded in politics, external relations, economy and social … [Read more...] about Vietnam forges multi-faceted cooperation with Oman, UAE

Minister of Foreign Affairs Bùi Thanh Sơn and Omani counterpart Sayyid Badr bin Hamad bin Hamood Al Busaidi had talks on Wednesday. — VNA/VNS Photo HÀ NỘI — Minister of Foreign Affairs Bùi Thanh Sơn has had a phone call with his Omani counterpart Sayyid Badr bin Hamad bin Hamood Al Busaidi on Wednesday after Việt Nam and Oman celebrated the 30th anniversary of their diplomatic ties (June 9). Sơn praised the remarkable developments in cooperation between the two countries over the past three decades in politics, diplomacy, economy and trade, saying they have maintained delegation exchanges and mutual support at international forums, and in natural disaster response and the fight against COVID-19. He views economic cooperation as a bright spot in the bilateral ties, with two-way trade hitting US$338.1 million last year, nearly doubling the figure in the previous year. The Việt Nam-Oman Investment (VOI) fund has operated effectively, with an array of projects rolled out in … [Read more...] about Việt Nam forges multi-faceted cooperation with Oman, UAE

Peter Bernhardt, team leader of the ARISE+ Vietnam project Since coming into force in August 2021, the EU - Vietnam Free Trade Agreement (EVFTA) has become an effective tool for boosting trade ties between the EU and Vietnam. What should Vietnam pay attention to in order to benefit more from this deal? I agree that the overall picture of EVFTA performance in this starting period, where exporters and government authorities from both sides have to adapt to the new situation, looks definitely promising. The EVFTA is the most ambitious FTA that the EU has ever signed with a developing country. The deal will mutually lift about 99 per cent of the tariffs within 10 years. Duty was lifted from 65 per cent of EU exports to Vietnam and 71 per cent of Vietnamese exports to the EU, immediately after the EVFTA came into effect. As most Vietnamese exporting products are consumer products, the real challenge Vietnam exporters will face to comply with EU consumer protection regulations is … [Read more...] about EU supporting comprehensive implementation of the EVFTA

Welcoming the Vietnamese top legislator and the high-ranking Vietnamese delegation to Hungary, Kövér affirmed that Hungary considers Vietnam an important partner in Southeast Asia. He highlighted that the friendship and cooperation between the two countries have been tested in difficult times during COVID-19 period. He thanked the Vietnamese N.A. for giving Australia sincere support in the first days of COVID-19 outbreak. N.A. Chairman Hue congratulated Hungary on the successful organization of the parliamentary election in April, as well as Kövér on being elected as the Speaker of the Hungarian N.A. for the fourth time. As a close friend of Hungary, Vietnam always follows the country’s developments and congratulates Hungary on its socio-economic achievements as well as rising position and prestige in the region and the world. Both sides shared pleasure at the sound traditional friendship and all-round cooperation over the past 70 years, and agreed that despite a long geographic … [Read more...] about Vietnamese, Hungarian top legislators hold talks

UK trade minister Anne-Marie Trevelyan said the country wants to be a part of Vietnam’s development story in the 21st century, and fostering bilateral trade relations is among its priorities. Vietnam and the UK should set a trade turnover target of over US$10 billion by 2023, which would be a meaningful step to mark the 50 th anniversary of Vietnam-UK diplomatic relations next year. Chairman of the National Assembly Vuong Dinh Hue (mid) at the forum. Source: VNA Deputy Prime Minister Le Van Thanh gave the remarks at the Vietnam-UK High-level Forum on Economy and Trade held on June 29. The event is one of the highlights of a visit to the UK by the high-ranking delegation from the National Assembly of Vietnam led by Chairman Vuong Dinh Hue from June 28-30. According to Thanh, the Vietnam-UK strategic partnership has progressed strongly over the years and contributed to socio-economic development in each country. Thanh expected the partnership would … [Read more...] about Vietnam-UK target US$10-billion trade turnover by 2023

Deputy Minister of Justice Nguyen Khanh Ngoc holds talks with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 29. (Photo: VGP) Hanoi (VNA) – Deputy Minister of Justice Nguyen Khanh Ngoc held talks with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 29 to chalk out ways to step up cooperation. Ngoc highly appreciated Furukawa for selecting Vietnam as one of the destinations in his first foreign trip since taking office in October 2021, saying Japan was the first bilateral partner providing technical support for Vietnam in legal and judicial matters, particularly through projects run by the Japan International Cooperation Agency (JICA) in Vietnam since 1996. Japan has been providing Vietnam with assistance in law-making in civil and economic affairs and litigation, as well as capacity building. To further boost the bilateral partnership in the coming time, Ngoc suggested the two sides continue effectively executing … [Read more...] about Vietnam, Japan boost legal and judicial cooperation