Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 13. -President Nguyen Xuan Phuc hosted visiting Secretary of the Lao People’s Revolutionary Party (LPRP)’s Central Committee and President of the Lao People’s Supreme Court Viengthong Siphandone in Hanoi on May 13. President Phuc affirmed that the Party, State and people of Vietnam always attach great importance to preserving and developing the special Vietnam-Laos ties, including the cooperation between the two Supreme People’s Courts. Read full story - Prime Minister Pham Minh Chinh and leaders of other ASEAN countries had a working lunch with US lawmakers in Washington D.C. on May 12 (local times), ahead of the ASEAN-US Special Summit. Participants discussed issues related to cooperation in trade, investment, people-to-people exchange, science-technology, renewable energy development, and the response to security challenges in the region and the world. Read … [Read more...] about ☕ Afternoon briefing on May 13
Deputy chief financial officer
PM meets leaders of investment firm Kohlberg Kravis Roberts, Visa Group in New York
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
Prime Minister meets representatives of investment funds, groups in New York
At a meeting with Joseph Bae, Co-Chief Executive Officer of KKR, on May 16 morning (U.S. time), Chinh asked the firm to share its experience and offer proposals to Vietnam. Joseph Bae said KKR wishes to expand its operation in real estate, infrastructure, digital transformation, food, consumer goods and technology in Vietnam, noting that the firm has invested more than USD 1 billion in three Vietnamese companies. Vietnam is an attractive market for investors with incentives rolled out by the government, along with its favorable geographical location, and young, dynamic population, he noted. The Southeast Asian nation is also the destination for many added value services, Joseph Bae added. Chinh lauded KKR’s investment in the private sector in Vietnam, and welcomed its plan to expand investment in the country, stressing that the firm’s investment focuses match Vietnam’s priorities. He told Joseph Bae that Vietnam lured investments worth USD 1.3 billion in startups last year, … [Read more...] about Prime Minister meets representatives of investment funds, groups in New York
More favourable rule system urged for healthcare PPPs
Speakers at last week’s conference noted that dozens upon dozens of multinationals are interested in the healthcare PPP model in Vietnam. Photo: Chi Cuong At last week’s conference on the issue, hosted by VIR , Deputy Minister of Planning and Investment Tran Duy Dong said that Vietnam’s healthcare sector is facing a number of big issues, including rising infectious and non-communicable disease figures, hospital overload, and an ageing population. The pandemic has also revealed some weaknesses in the sector. “To further improve healthcare service quality and meet demand, mobilising financial resources for new development of infrastructure and medical equipment is a key requirement,” he noted. For the past five years, the government has looked to strengthen the implementation of a model for public-private partnerships (PPPs) for the public sector, including in healthcare services. However, according to VIR’s editor-in-chief Le Trong Minh, the picture of such investment in … [Read more...] about More favourable rule system urged for healthcare PPPs