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Addressing the event, Deputy Foreign Minister Nguyen Quoc Dung thanked ASEAN member countries for supporting Vietnam in 2020, expressing his belief that Brunei will lead the ASEAN through challenges to recover from the pandemic. Vietnam is ready to cooperate with Brunei in performing the role of ASEAN Chair in 2021. The Vietnamese official suggested using the ASEAN fund for COVID-19 response to buy vaccines, first of all for medical staff, adding that Vietnam called on all ASEAN member countries to fully operate the Regional Reserve of Medical Supplies (RRMS). He stressed that the grouping should optimise the outcomes that ASEAN had achieved in 2020, proposing that key agencies in charge of ASEAN Community’s pillars continue to improve and complete the remaining action lines in the master plan for the 2025 ASEAN Community Vision. He also asked ASEAN to early define the roadmap to build the ASEAN vision 2025 based on the Hanoi Declaration on the ASEAN Community’s … [Read more...] about ASEAN senior officials discuss preparations for AMM Retreat

Because of fast changes in the region and the world, the two sides need to further tighten their cooperation in the field of national defense and security so that they can contribute to economic development in each country while strongly promoting the development of the Vietnam - Russia comprehensive strategic partnership and actively contributing to peace, stability and sustainable development in Asia-Pacific and the world, the President said. With respect to Russia-ASEAN relations, President Sang confirmed that ASEAN always wants to promote and expand relations with other partners, including Russia, on the basis of friendship and equality in the interest of peace, stability and common prosperity. In reality, he noted, the ASEAN-Russian relationship has developed well in security, politics, economics, culture and development cooperation. President Putin's upcoming visit to Vietnam has a special significance towards bilateral relations, President Sang said, considering it a catalyst to … [Read more...] about Putin’s visit to take Vietnam-Russia ties to new height

Hanoi (VNA) - Forest product exports are expected to reel in 14.5 billion USD this year, up 12 percent against 2020, an official has said. Deputy Minister of Agriculture and Rural Development Ha Cong Tuan unveiled the target in an interview with the Lao Dong (Labour) newspaper on the growth of the forestry sector over the next five years. Export value is set to reach 20 billion USD in 2025. During the five-year period, he said, the sector will work to sustain the forest coverage rate at 42 percent, expand distribution markets, develop long-term trade partnerships, and promptly address trade issues for mutual benefits in line with international commitments. The minister also touched on a number of positive outcomes made by the sector last year despite COVID-19. Vietnam exported forest products worth over 13.22 billion USD, up 16.9 percent against the previous year, and 5.7 percent higher than the annual target. The country now ranks fifth globally, second in Asia, and first in … [Read more...] about Vietnam aims to earn 14.5 billion USD from forestry exports

Hanoi (VNA) – The Foreign Ministry held an annual meeting with the press at the Government Guesthouse in Hanoi on January 19, praising press agencies and reporters nationwide for their contributions to achievements made by the diplomatic sector in the past year. Speaking at the event, Deputy Prime Minister and Foreign Minister Pham Binh Minh said the sector scored important achievements amid difficulties caused by the COVID-19 pandemic. He said Vietnam successfully accomplished the roles as ASEAN 2020 Chair, Chair of the 41st General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA-41) and a non-permanent member of the United Nations Security Council (UNSC) for the 2020-2021 tenure.  Vietnam actively led and coordinated regional efforts to overcome challenges and achieve successes in building the ASEAN Community, effectively coped with the pandemic, flexibly held over 550 online meetings, and adopted a record number of documents in a year, he said. During the … [Read more...] about Foreign Ministry hails press agencies’ contributions

Mentioning KB Fina, which KB Financial Group invested VNĐ300 billion in, Peter Chunsoo Park, chairman of KB Securities Vietnam said: “KB Fina is a comprehensive financial digital platform to serve Vietnamese consumers who are unbanked or under-serviced.” … [Read more...] about G-Group launches e-wallet