Optimistic

Virginia B. Foote, President of the Board of the US International Centre, speaks to Vietnam News Agency reporters on the sidelines of Prime Minister Pham Minh Chinh’s meeting with US enterprises in New York on May 16. — VNA/VNS Photo With Viet Nam-US economic relations having grown steadily, the American business community is very optimistic and working very hard in Viet Nam, according to Virginia B. Foote, President of the Board of the US International Centre. The two countries have reached a new height of over US$100 billion in two-way trade, Foote, who is also co-founder of the US-Viet Nam Trade Council (USVTC) and President and CEO of Bay Global Strategies, told Vietnam News Agency's reporters on the sidelines of Prime Minister Pham Minh Chinh’s meeting with US enterprises in New York on May 16. She highlighted the entrepreneurial spirit in Viet Nam as well as its great workforce, better infrastructure and significant location in Asia as advantages for American firms doing … [Read more...] about American business community optimistic about US-Vietnam economic ties

Virginia B. Foote, President of the Board of the US International Centre, speaks to Vietnam News Agency reporters on the sidelines of Prime Minister Pham Minh Chinh’s meeting with US enterprises in New York on May 16. (Photo: VNA) New York (VNA) – With Vietnam-US economic relations having grown steadily over time, the American business community is very optimistic and working very hard in Vietnam, according to Virginia B. Foote, President of the Board of the US International Centre. The two countries have reached a new height of over 100 billion USD in two-way trade, Foote, who is also co-founder of the US-Vietnam Trade Council (USVTC) and President and CEO of Bay Global Strategies, told the Vietnam News Agency's reporters on the sidelines of Prime Minister Pham Minh Chinh’s meeting with US enterprises in New York on May 16. She highlighted the entrepreneurial spirit in Vietnam as well as its great workforce, better infrastructure and significant location in Asia as … [Read more...] about American business community very optimistic about US-Vietnam economic ties

The two countries have reached a new height of over USD 100 billion in two-way trade, Foote, who is also co-founder of the U.S.-Vietnam Trade Council (USVTC) and President and CEO of Bay Global Strategies, told the Vietnam News Agency's reporters on the sidelines of Prime Minister Pham Minh Chinh’s meeting with U.S. enterprises in New York on May 16. She highlighted the entrepreneurial spirit in Vietnam as well as its great workforce, better infrastructure and significant location in Asia as advantages for American firms doing business in the country. “Our companies very much appreciate the talents in Vietnam and working with the Vietnamese people,” she said. Foote also outlined several challenges facing U.S. investors which include burdensome administrative procedures in some areas, and supply chain and logistical difficulties which are not unique to Vietnam. “We're hoping as we come out of COVID-19, these things will smooth out,” she stated. Foote also hoped that U.S. firms … [Read more...] about American business community very optimistic about U.S.-Vietnam economic ties

Vietnam and Indonesia share waters in the resource-rich and disputed South China Sea. Indonesia Defense Minister Prabowo Subianto said in his ongoing visit to Hanoi on May 12-14 that Vietnam and Indonesia are determined to continue strengthening defense ties that have been well established so far in terms of cooperation between navies, coast guards, and military industry. Vietnam's Defense Minister Phan Van Giang (L) and Indonesia's Defense Minister Prabowo Subianto in Hanoi on May 13. Photos: VNA Agreeing on the instructions of the two countries’ leaders, after this visit, Indonesia and Vietnam would jointly solve problems at sea, the issue which was discussed in the meeting between Prabowo and Vietnamese Defense Minister Phan Van Giang and in the courtesy call paid to President Nguyen Xuan Phuc on May 13. The two sides briefed each other on the achievements in defense ties, especially from the end of 2019 until now, including dialogues and the signing of … [Read more...] about Indonesia defense minister visits Vietnam, highlighting navy cooperation

ILO Director-General Guy Ryder speaks at the conference. (Photo: VNA) Director-General of the International Labour Organisation (ILO) Guy Ryder has lauded Vietnam’s pioneering role and efforts to eliminate child labour during an interview granted to the Vietnam News Agency (VNA)'s correspondent in South Africa on the sidelines of the 5th global conference on the elimination of child labour in Durban. Following is the full contents of the interview: Reporter: Vietnam is one of the Pathfinder countries of the Alliance 8.7. What does it mean to the fight in Chapter Eight labour and like, what can Vietnam in particular, and other parts of the countries in general do to further contribute to the fight? ILO Director-General Guy Ryder: Alliance 8.7 is a global alliance of governments, civil society organisations and international organisations to fight against child labour, and indeed forced labour. And we're very pleased that Vietnam has joined as one of 26 pioneer countries. What … [Read more...] about ILO Director-General praises Vietnam’s efforts in elimination of child labor

ILO Director-General Guy Ryder speaks at the conference. (Photo: VNA) Durban (VNA) – Director-General of the International Labour Organisation (ILO) Guy Ryder has lauded Vietnam’s pioneering role and efforts to eliminate child labour during an interview granted to the Vietnam News Agency (VNA)'s correspondent in South Africa on the sidelines of the 5th global conference on the elimination of child labour in Durban. Following is the full contents of the interview: Reporter: Vietnam is one of the Pathfinder countries of the Alliance 8.7. What does it mean to the fight in Chapter Eight labour and like, what can Vietnam in particular, and other parts of the countries in general do to further contribute to the fight? ILO Director-General Guy Ryder: Alliance 8.7 is a global alliance of governments, civil society organisations and international organisations to fight against child labour, and indeed forced labour. And we're very pleased that Vietnam has joined as one of 26 … [Read more...] about ILO Director-General praises Vietnam’s efforts in elimination of child labour