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At the event (Photo: VNA) Hanoi (VNA) – The Vietnam Coast Guard (VCG) will hold a friendship exchange in Hanoi from December 8-11 with the participation of 500. Introducing the programme at a December 1 press conference, Major General Tran Van Xuan, Deputy Political Commissar of the force, said the event aims to enhance mutual understanding, build on trust, and create high consensus in cooperation between the VCG and other law enforcement forces at sea of countries in the region, especially neighbouring countries and those with bordering seas. Participating foreign forces consist of those from the Cambodia, China, Indonesia, Malaysia, the Philippines, and Thailand. The exchange is set to feature courtesy calls, bilateral meetings, a conference, a defence exhibition, and a trip to Hanoi’s historical and cultural destinations. Illustrative photo (Source: qdnd.vn) The VCG has so far signed cooperation pacts with equivalent law enforcement agencies of nine … [Read more...] about 500 to join Vietnam Coast Guard’s friendship exchange

In an interview granted to Vietnam News Agency correspondents in Hong Kong, Mr To cited a forecast from the International Monetary Fund that Vietnam’s GDP growth is likely to come in at 7-7.5% this year, leading the five emerging economies in ASEAN, which include Indonesia, Malaysia, the Philippines, Thailand, and Vietnam . With its young population, rapid urbanisation, and abundant workforce, Vietnam is an attractive consumer market. It is also one of the fastest growing e-commerce markets in Southeast Asia. According to Bain & Company, Vietnam’s e-commerce sector has increased significantly in recent years, from 8 billion USD in 2020 to 13 billion USD in 2021 and is expected to hit 39 billion USD by 2025. The ASEAN-Hong Kong Free Trade Agreement, which officially took effect in June 2019, has played a huge role in promoting trade relations between Vietnam and Hong Kong. Localities in Vietnam and Hong Kong have witnessed close economic and trade cooperation over … [Read more...] about Plenty of space for growth in Vietnam’s consumer market