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Vietnam and Russia affirmed the role of each country in the other’s diplomacy and in the global forums. Russian Foreign Minister Sergei Lavrov told Vietnamese top leaders that Vietnam is one of Russia’s important and trustworthy traditional partners in Asia-Pacific. General Secretary of the Communist Party of Vietnam Nguyen Phu Trong and Russian Foreign Minister Sergei Lavrov in Hanoi on July 6. Photos: VNA, Baoquocte Lavrov stressed the view at meetings with General Secretary of the Communist Party of Vietnam Nguyen Phu Trong, Prime Minister Pham Minh Chinh, and Foreign Minister Bui Thanh Son in Hanoi on July 6. “Naturally, our friendship and our solidarity are based on deep historical roots,” Lavrov said at the meeting with Prime Minister Pham Minh Chinh, Russia News Agency reported. The Russian FM expressed his hope that the two countries will continue making efforts for effective results of the Comprehensive Strategic Partnership which entered its … [Read more...] about Vietnam listed among Russia’s most trustworthy partners in Asia-Pacific: Sergey Lavrov

A COVID-19 vaccination site in Hanoi (Photo: VNA) Tokyo (VNA) - The Executive Board of the International Monetary Fund (IMF) has highly valued Vietnam’s policy support to cushion the impact of COVID-19 in tandem with successful maintenance of fiscal, external, and financial stability and an impressive vaccination rollout. In a press release following a recent consultation with Vietnam, the IMF Executive Board said a recovery is underway and high frequency indicators point to stronger momentum going into 2022, with rising retail sales, industrial production, and firm entry. Growth is expected to reach 6% in 2022 as activity normalisation continues and the programme for recovery and development is implemented. However, the recovery of the labour market is lagging as underemployment remains high. While inflation has recently picked up due to rising commodity prices and supply-chain disruptions, it remains well below the central bank’s inflation ceiling. The Executive Board … [Read more...] about IMF hails Vietnam’s moves to cushion COVID-19 impacts

Russian Foreign Minister Sergey Lavrov, who is scheduled to visit Vietnam on July 5-6 (Photo: AFP/VNA) Moscow (VNA) - Grigory Lokshin , an expert from the Centre for Vietnam and ASEAN Studies under the Russian Academy of Sciences’ Institute of Far Eastern Studies, has highlighted Vietnam's important role in stable ties between between Russia and the Far East in particular and Southeast Asia. Lokshin made the comment on July 5 while being interviewed by Russia’s Independent newspaper at the outset of Russian Foreign Minister Sergey Lavrov ’s visit to Vietnam. According to the Russian expert, the cooperation in the field of military technology and energy, particularly oil and gas development projects, plays an important role in the bilateral relationship and is always a key topic at working sessions between the two countries' politicians. The Independent newspaper said Lavrov's Asia tour shows that Russia is reorienting its political and diplomatic resources with … [Read more...] about Vietnamese studies expert highlights Vietnam’s role in Russia – Southeast Asia ties

Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam is expanding the export of its high-quality rice with the aim to increase the export value and improve farmers’ income. According to the Vietnam Food Association (VFA), the export price of Vietnam’s 5% broken rice is higher than that of Thailand, India and Pakistan. Specifically, each tonne of this kind of rice is sold for 418 USD, 8 USD higher than that of Thailand, and 30 USD and 75 USD higher than those of Pakistan and India, respectively. Meanwhile, the export price of Vietnam’s 25% broken rice is currently 403 USD per tonne, equal to that of Thailand, but 35 USD and 75 USD higher than those of Pakistan and India, respectively. In addition, the country’s high-quality rice is being shipped to Japan and Europe. Recently, Tan Long Group JSC, in collaboration with Japan’s Kiraboshi Bank, held a ceremony in Tokyo to introduce ST25 rice, which was named the world’s best rice in 2019, to the Japanese market. … [Read more...] about Vietnam boosts export of high-quality rice

A villa was illegally built on agricultural land of perennial trees while a restaurant was constructed on canal banks in Vietnam's Mekong Delta region, sparking an uproar as the problem has remained unsolved for long. Local officials said they noticed these illegal structures, and then reminded their subordinates to inspect these cases, but the issue was skipped over. Many residents have complained about the villa and restaurant complex built on farmland with no permits and construction certificates by Nguyen Tan T., who lives in An Phuoc Commune, Mang Thit District, located in the Mekong Delta province of Vinh Long. The group of structures is situated near Provincial Road 902, which links Mang Thit District and Vinh Long City, the provincial capital. It is easy to see the palatial villa next to a small canal. The reinforced concrete villa is encroaching on two meters of the canal bank. The restaurant, called Nguyen Phat owned by T., is behind the villa and near the Co … [Read more...] about Illegally-constructed buildings still standing in province in Vietnam’s Mekong Delta

Vietnam had to bid early farewell to the 2018 AFC U-19 Championship after only two games as they lost 1-2 to Australia during the second group-stage game in Indonesia on Monday afternoon. Considered the underdogs, the Vietnamese let their rivals, who have better physique and technical skills, easily control the match right from the start. In the 36th minute, Angus Thurgate received the ball from a free kick and, thanks to the negligence of the Vietnamese defense wall, managed to comfortably nutmeg goalie Y Eli Nie, opening the scoring for Australia. After conceding the first goal, Vietnam tried to intensify their attacks but failed to cause much difficulty for the Australian defense as their ball phases were slow and thus lacked the surprise element from both wings. With these weaknesses, it is not surprising that Vietnam conceded another goal in the 76th minute after a counterattack from Australia. The second goal for the young Socceroos was scored by striker Ben Folami … [Read more...] about Vietnam eliminated from 2018 AFC U-19 Championship after Australia defeat