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Secretary of the HCMC Party Committee Nguyen Van Nen (R) receives Ambassador of India to Vietnam Pranay Verma. The city’s Party Chief expressed his sincere thanks for the warm and respectful welcome by Indian leaders and people to the delegation of HCMC high-ranking officials during a five-day official visit to India from June 19-23, presenting a vivid demonstration of the friendship and special solidarity between the two countries. During the visit, the city’s delegation attended an inauguration ceremony of the statue of President Ho Chi Minh in New Delhi. HCMC will inaugurate a statue of Indian national hero Mahatma Gandhi in the center of the southern metropolis in the coming time. Mr. Nen emphasized that the high-level mutual visits, political and cultural events have contributed to deepening and tightening bilateral relations in various fields. He hoped Ambassador of India to Vietnam Pranay Verma will continue to foster Vietnam-India relations in general, and … [Read more...] about Vietnam, India have a lot of opportunities to foster cooperation

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 driver in Ha Noi fills up a motorbike at a gas station. — VNA/VNS Photo Measures taken to bring down petrol prices could reduce State budget collection by VND32.5 trillion (US$1.4 billion) this year, according to deputy minister of finance Nguyen Duc Chi. Speaking to reporters at the ministry's monthly meeting, Chi said the Ministry of Finance has put forward a proposal to cut or remove a number of fees and taxes on fuel imports in an attempt to rein in rising petrol prices, which has been hurting economic recovery and businesses. The proposal, which has been approved by the National Assembly's Standing Committee, brought import tax on gasoline from VND2,000 to VND1,000, jet fuel from VND1,500 to VND1,000, diesel from VND1,000 to VND500 and lubricant from VND,000 to VND300. Chairman of the NA Vuong Dinh Hue said as fuel was considered among the country's strategic commodities the government was to utilise all measures and policies at its disposal to regulate prices for the … [Read more...] about State budget faces $1.4 billion drop from fuel tax cuts