Delegates at the conference celebrating the 10th anniversary of the Việt Nam-Germany Strategic Partnership. — Photo from the Ministry of Foreign Affairs HÀ NỘI — Even after a decade of Strategic Partnership, there is still ample room for growth in Việt Nam-Germany bilateral relations, said Vietnamese Deputy Foreign Minister Tô Anh Dũng. The diplomat made the remarks during a keynote speech at a conference commemorating the 10th anniversary of the Việt Nam-Germany Strategic Partnership on October 11, jointly held by the Diplomatic Academy of Việt Nam and Konrad Adenauer Foundation (KAS) in Hà Nội on October 16. Political relations between the two countries continued to be strengthened via the exchange of delegates and high-level meetings at multilateral forums, Dũng said. Việt Nam and Germany closely coordinated on ASEAN-EU relations in 2020, when both countries served dual roles as non-permanent members of the UN Security Council, and chairs of the respective regional … [Read more...] about Still room for growth in Việt Nam-Germany partnership: Deputy Foreign Minister
Longest serving soviet foreign minister
During a reception in Hanoi on October 19 for Romanian Ambassador to Vietnam Cristina Romila, Son thanked Romania for providing active and effective support for Vietnam to promote the signing of the European Union – Vietnam Free Trade Agreement (EVFTA). He hailed Romania as one of the first three E.U. member states to approve the EVFTA and suggested both sides work closely together to effectively realize the deal for the benefit of both countries. Son also thanked the Romanian Government and people for donating 300,000 AstraZeneca doses and staying ready to transfer a large number of vaccines in non-commercial principles to Vietnam. Romila, for her part, affirmed that in hers position, she and the Romanian Embassy in Hanoi will serve as a bridge to foster bilateral friendship and collaboration as desired by the two countries’ leaders. Source: VNA … [Read more...] about Vietnam wishes to further deepen ties with Romania: Minister Foreign
Tony Nguyen, senior partner, and Son Nguyen, associate of legal consultancy firm EPLegal Due to the ongoing pandemic, import-export enterprises are facing damages and order cancellations due to failure to perform their obligations. Most of them have been seeking a good reason – for example, the impact of COVID-19 as a force majeure (FM) event – to excuse themselves from their liability. The pandemic impacts on foreign trade activities may vary: agricultural products may not be harvested and processed on time; factories playing a vital role in the supply chain are shut down because workers are not allowed to go to work. Specifically, in this summer’s outbreak, the coronavirus penetrated large industrial zones and the frequent shortage of workers moving back to their hometowns is one of the biggest problems causing critical delays in carrying out agreed orders. In a good number of international sales contracts, the parties agree to apply Vietnamese law. Additionally, Vietnam is … [Read more...] about Can COVID-19 serve as force majeure?
Deputy Minister of Foreign Affairs Đặng Hoàng Giang (centre) at an online conference on external information work held on October 13-14. — Photo baoquocte.vn HÀ NỘI — Deputy Minister of Foreign Affairs Đặng Hoàng Giang has appreciated the important contributions of the Vietnamese representative missions abroad to promoting the image of the nation to the world as well as providing information on the regional and international situations for the domestic audience. Giang made the statement while chairing an online conference on external information work held on October 13-14 with the participation of 70 Ambassadors, Consuls General, and representatives of Vietnamese representative missions abroad and several units of the Foreign Ministry. He stressed that the new requirements of the country and the change of the situation, as well as the rapid development of technology, especially digital technology, had been setting new tasks that would require new and breakthrough solutions to … [Read more...] about Representative missions aboard required to improve external information
Revenue to state budget increases over 10 percent The revenue to the state budget in the first 9 months of this year amounted to 1,084.7 trillion VND, representing 80.75 percent of the projection and an increase of 10.75 percent over the figure recorded in the same period last year, according to the Finance Ministry. Meanwhile, the expenditure from the state coffer was estimated at 116.3 trillion VND, with the fight against the COVID-19 pandemic being prioritised. By the end of September, 29.1 trillion VND from the state budget was spend on the fight and support to those adversely affected by the pandemic. Despite the serious impacts of the pandemic, the revenue still increased year on year thanks to the economic growth momentum in the last month of last year, the ministry said. For the rest of the year, the ministry will continue accelerating administrative procedure reforms on taxation, simplifying business conditions, and joining other forces in fighting … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 16
Vietnam grasps opportunities to expand agricultural export market Viet Nam's agricultural products are being exported to more than 180 countries and territories, particularly products moving from the mid-range market to the higher-end segment. This information was provided at an online trade connection programme with the participation of representatives and business communities of India and three countries of the Greater Mekong Sub-region (GMS), namely Viet Nam, Thailand and Cambodia on Monday. This formed part of a series of activities of a project to strengthen international integration of small and medium-sized enterprises (SMEs) of India and the GMS countries, towards promoting global value chains and trade between India and the GMS countries, which is financed by the Asian Development Bank (ADB). Le Hoang Tai, Deputy Director of the Viet Nam Trade Promotion Agency under the Ministry of Industry and Trade, emphasised that farm produce and food were key exports of Viet Nam. … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 13