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Photo: moi.gov.vn A decree on transferring and selling state-owned enterprises (SOEs) has been lately issued by the Prime Minister. Accordingly, 100% of SOEs can be purchased by foreign investors, foreign capitalised enterprises, economic and financial institutions established under foreign law operating abroad or in Vietnam and foreigners. The regulation is also applied for workers in an enterprise as an entity or as separate individuals, for businesses of all economic sectors, and for Vietnamese citizens. Additionally, an entity of all workers in an enterprise can be given management rights when it fully meets all required conditions. The decree also adds that enterprises to be transferred must hold chartered capital of no more than 5 billion VND and be on the list of transferable ones without advantage of land usage, or of equitised businesses with failed equitisation. Meanwhile, SOEs can be sold regardless of their capital sizes, but must meet other conditions such as enterprises … [Read more...] about Foreign financial institutions entitled to purchase SOBs

His participation in these events has demonstrated Vietnam’s proactive and responsible role in cooperation under the framework of the ADMM and ADMM+. In addition, the Vietnamese general had bilateral talks with his foreign counterparts, contributing to heightening mutual understanding and expanding defense relations in a more practical manner and in line with their partnership. Notably, at the closing ceremony for the ADMM+, Vietnam took over the ADMM and ADMM+ chairmanship from Thailand as Hanoi will hold the Chair of ASEAN in 2020. Below are several images of Minister Lich’s activities: Heads of delegations prior to the opening ceremony for the sixth ADMM+ General Ngo Xuan Lich at the sixth ADMM+ Minister Lich attends an unofficial meeting between Defense Ministers of ASEAN member countries and the Japanese Defense Minister General Lich receives the token of the role of ADMM and ADMM+ Chairman from Thai Deputy … [Read more...] about Defense Minister’s activities at ADMM Retreat and ADMM+ in Thailand

Illustrative image (Photo: Internet)   Hanoi (VNA) – Party General Secretary and President Nguyen Phu Trong has exchanged messages of congratulations with President of Mongolia Khaltmaa Battulga on the occasion of the 65th anniversary of Vietnam – Mongolia diplomatic ties (November 17).  On the occasion, Prime Minister Nguyen Xuan Phuc and his Mongolian counterpart Ukhnaa Khurelsukh; National Assembly Chairwoman Nguyen Thi Kim Ngan and Speaker of the Parliament of Mongolia Gombojav Zandanshatar; Deputy Prime Minister and Foreign Minister Pham Binh Minh and Mongolian Foreign Minister Damdin Tsogtbaatar also exchanged congratulatory messages. Since the establishment of their diplomatic ties, the two countries have been developing bilateral relations in such various fields such as politics, economy, education and culture. Political relations have enjoyed multiple strides with high-level mutual visits maintained. Bilateral trade reached 60 million USD in 2018, … [Read more...] about Vietnam, Mongolia exchange congratulations on diplomatic ties

Chairman of the NA’s External Relations Committee Nguyen Van Giau made the assessment during an interview granted to the media following Ngan’s trip from December 8-13. Giau noted that India is an important part in Vietnam’s foreign policy, as it is among countries having a comprehensive strategic partnership with Vietnam. NA Chairwoman Nguyen Thi Kim Ngan had a busy schedule during her two-day stay in India, with a series of meetings with Indian State, parliamentary and Government leaders. NA Chairwoman Nguyen Thi Kim Ngan meeting with overseas Vietnamese in UAE. Photo: VOV He underlined the signing of the first cooperation agreement between the Vietnamese NA and India’s Lower House, which marked a milestone in parliamentary ties between the two countries. Vice President and Chairman of the Senate Mohammad Hamid Ansari told the Vietnamese NA leader that India is willing to cooperate with Vietnam not only in economic activities but also in other fields … [Read more...] about NA leader’s overseas trip strengthens traditional ties, expands cooperation

Vietnam's booth attracts a lot of visitors.  The bazaar featured a wide range of traditional handicrafts, costumes, food and musical performances of the ASEAN countries. Vietnam brought to the fair lacquer paintings, silk products, conical hats, and local cuisine, with its Wushu performance and an “ao dai” (Vietnamese traditional dress) fashion show receiving the applause from visitors. Speaking at the opening ceremony, Malaysian Ambassador to Argentina Mod Khalid Abbasi Razak said this was an opportunity for the participating countries to introduce its own images and cultural identities. He stressed that solidarity and cooperation within the Association of Southeast Asian Nations (ASEAN) as reflected through the organization of such annual event. Argentine Deputy Foreign Minister Guillermo Raimundi thanked the ASEAN nations for their initiative to hold the annual bazaar, which has helped Argentinians learn more about the region’s history, culture, people … [Read more...] about Vietnam joins bazaar in Argentina