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The 14th Shangri-La Dialogue ended in Singapore on May 31 with a message that dialogue is needed to build trust and transparency. German Defence Minister Ursula von der Layen said this is the first time German has joined the dialogue, which gives the country an opportunity to exchange experience and learn from other countries. She highlighted that transparency and trust building is key to cooperation, adding that together with security structure and mutual benefit they are the pillars for successful partnership. Sharing Layen’s opinion, New Zealand Defence Minister Gerry Brownlee said his country attaches much importance to the maintenance of peace, stability and prosperity in the region. Therefore, New Zealand wishes to engage more closely in regional security structure through bilateral and multilateral dialogues at all levels, he said. He also expressed concern on tension-causing acts on the East Sea, stressing that his country is willing to join hands in … [Read more...] about 14th Shangri-La Dialogue: dialogue to build trust, transparency

Market developments (#4 with 19%) also climbs up the global rankings of the Allianz Risk Barometer 2021, reflecting the risk of rising insolvency rates following the pandemic. According to Euler Hermes, the bulk of insolvencies will come in 2021. The trade credit insurer's global insolvency index is expected to hit a record high for bankruptcies, up 35% by the end of 2021, with top increases expected in the US, Brazil, China and core European countries. Further, Covid-19 will likely spark a period of innovation and market disruption, accelerating the adoption of technology, hastening the demise of incumbents and traditional sectors and giving rise to new competitors. Other risers include Macroeconomic developments (#8 with 13%) and Political risks and violence (#10 with 11%) which are, in large part, a consequence of the coronavirus outbreak, too. Fallers in this year's global rankings include Changes in legislation and regulation (#5 with 19%), Natural catastrophes (#6 with 17%), … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks

Phan Thị Thắng, who worked for more than 30 years as principal of a primary school in Hà Nội, said: “When building plans for extracurricular activities, the safety factor always comes first. First of all, it is necessary to choose safe locations and the administrators and parents' representatives must personally go to the scene for a check." … [Read more...] about Schools urged to prevent accidents during extracurricular activities

Prime Minister Nguyễn Xuân Phúc meet Australian investors in Sydney on Friday. — VNA/VNS Photo Thống Nhất Viet Nam News HÀ NỘI — Prime Minister Nguyễn Xuân Phúc applauded business ties between Việt Nam and Australia, as 18 memorandums of bilateral investment were exchanged on Friday during his official visit to Australia. … [Read more...] about PM welcomes Australian firms to Vietnam

The congress will see the attendance of 1,587 delegates representing nearly 5.2 million Party members nationwide, Chairman of the Communist Party of Vietnam (CPV) Central Committee’s Commission for External Relations Hoang Binh Quan said when briefing the diplomatic corps and representatives of international organisations about the preparations for the big event. … [Read more...] about Diplomatic corps, int’l organisations informed about 13th National Party Congress