Investment promotion and protection agreement

The meeting between the Vietnam - Belgium and Belgium - Vietnam parliamentary friendship groups in Brussels on July 5 (Photo: VNA) Brussels (VNA) – A delegation of the Vietnam - Belgium Parliamentary Friendship Group is paying a four-day working visit to the European country during which the two sides will share lawmaking experience and discuss scientists’ role in legislative activities. The delegation, led by Nguyen Van Hien - Chairman of the group and Director of the National Assembly Standing Committee’s Institute for Legislative Studies, had a meeting with members of the Belgium - Vietnam Parliamentary Friendship Group in Brussels on July 5. Andries Gryffroy, First Vice President of the Belgian Senate and Chairman of the Belgium - Vietnam Parliamentary Friendship Group, said the visit will help intensify cooperation between the two parliaments as well as the two parliamentary friendship groups. The host official called on both sides to increase all-level mutual visits in … [Read more...] about Vietnamese, Belgian parliamentarians seek to boost relations

Part of the Vietnam - Singapore Industrial Park in Hai Phong city (Photo: VNA) Hai Phong (VNA) – For the last half of 2022, Hai Phong city will apply itself to flexibly and effectively fighting COVID-19 and shoring up business and investment activities so as to attract more foreign direct investment ( FDI ), a local official has said. Nearly 1.1 billion USD of FDI was poured into the northern port city in the first six months, falling by over 11% from a year earlier and equivalent to almost 44% of this year’s target. FDI inflows are expected to stand at 0.85 billion USD in the third quarter and 0.85 - 1.1 billion USD in the fourth quarter. Le Trung Kien, head of the Hai Phong Economic Zone Authority , said the city looks to surpass this year’s FDI attraction target of 2.5 billion USD. To that end, the authority will boost investment promotion and attraction for the three pillars of economic development, namely high-tech industry, seaports - logistics, and … [Read more...] about Hai Phong striving to attract over 2.5 billion USD in FDI this year

At the sixth plenary session of the 10th tenure People’s Council of HCMC The statement was made by deputy Tang Huu Phong , Editor-in-Chief of the Sai Gon Giai Phong (SGGP) Newspaper at the sixth plenary session of the 10th tenure People’s Council of HCMC on July 6. Vietnam Bank for Social Policies (VBSP) has temporarily suspended receiving loan application documents from disadvantaged borrowers because of the shortage of loan capital, he added. Deputy Tang Huu Phong, Editor-in-Chief of the Sai Gon Giai Phong (SGGP) Newspaper speaks at the meeting. Deputies at the meeting also suggested that the municipal government must strengthen public investment disbursement effectively to create jobs for people and socioeconomic impulse for the city as well as speed up investment promotion. Deputy Doan Thi Ngoc Cam, Standing Vice Secretary of the Party Committee of Can Gio District proposed the city give the authority to Chairpersons of the People’s Committees of districts … [Read more...] about Deputies concern with pandemic pushing needy people into extreme poverty

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

Vietnamese and Indian businesses from the pharmaceutical sector participate in a B2B meet at the India – Viet Nam Pharmaceuticals and Health Industry Conference on July 5. — VNS Photo Thu Hang Viet Nam is seeking co-operation with India in the field of pharmaceuticals, especially manufacture of vaccines for COVID-19, a conference heard on Tuesday. India is now the third biggest supplier of pharmaceutical products to Viet Nam, Tran Ngoc Liem, general director of the Viet Nam Chamber of Commerce and Industry’s HCM City branch, told the India-Viet Nam Pharmaceuticals and Health Industry Conference. Pharmaceuticals were one of India’s key exports to Viet Nam last year at US$267 million, he said. India is ranked third globally in terms of pharmaceutical output and 14th in terms of value. Its leading companies all meet international standards. The Vietnamese pharmaceutical market has been experiencing strong growth in recent years with 250 factories, 200 import-export … [Read more...] about Viet Nam, India eye partnership in pharmaceutical sector

Premiere Vision is the largest and most prestigious fair of the textile and fashion industry in France, attracting more than 60,000 visitors and 1,200 international exhibitors. — Photo VNA More than 10 Vietnamese outstanding enterprises have attended the Premiere Vision 2022, an essential event for the entire textile industry, which is taking place from July 5-7 at Paris-Nord Villepinte Exhibition Centre in Paris, France. According to Vietnamese Ambassador to France Dinh Toan Thang the participation of Vietnamese businesses in this fair reflected their desire to promote cooperation with France and other countries, in the context that the two governments are resuming trade relations with the world following severe impacts of the COVID-19 pandemic. According to the ambassador, the Viet Nam-EU Free Trade Agreement (EVFTA) which took effect in August 2020 is an important legal foundation for Vietnamese enterprises in general and of textile ones in particular in conquering the … [Read more...] about Việt Nam attends Premiere Vision 2022 in Paris