Illustrative image (Source: Internet) Hanoi (VNA) – Philippine Undersecretary of Foreign Affairs Manuel Teehankee has underlined that the Boao Forum for Asia (BFA) is an important dialogue platform because it focuses on the challenges facing Asia and how Asia can contribute to world prosperity. Speaking to the media on April 6 ahead of the forum, to be held in Hainan island of China on April 8-11, the official highlighted the significance of the event at a time when the international economy is facing certain challenges. He held that the forum’s role is crucial in ensuring that Asia is at the forefront of economic growth and assures to the Asian peoples a unified approach to economic development, towards the target of inclusive growth and zero poverty for all of Asia. Themed "An Open and Innovative Asia for a World of Greater Prosperity," this year, the BFA expects to draw over 2,000 delegates, including many heads of states, including Philippines’ President … [Read more...] about Philippine official underlines Boao Forum’s role
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PM Nguyen Xuan Phuc receives outgoing Thai Ambassador
The PM said during the ambassador’s tenure, two-way trade between both nations grew rapidly with the launch of a number of Thailand’s projects, including the southern oil refinery complex and shipbuilding, adding that both sides also offered mutual support at bilateral and multilateral forums.He wished that Thailand would share experience in developing tourism, opening new tours to facilitate economic development and people-to-people exchange.Prime Minister Nguyen Xuan Phuc (R) and Thai Ambassador Manopchai Vongphakdi (Source: VNA)Vietnam always creates the best environment to attract Thai investors and tourists to the country, he said.The host expressed his wish that in any position, the ambassador will further contribute to bilateral ties.Ambassador Manopchai Vongphakdi, for his part, affirmed that Thailand wants to boost people-to-people exchange and investment cooperation between the two countries.Thai government always asks firms to abide by Vietnam’s law, … [Read more...] about PM Nguyen Xuan Phuc receives outgoing Thai Ambassador
Việt Nam keen on bolstering all-round partnership with Switzerland: PM
Prime Minister Nguyễn Xuân Phúc receives Director of Switzerland’s Federation Department of Environment, Transport, Energy and Communication Doris Leuthard in Hà Nội yesterday. — VNA/VNS Photo Thống Nhất HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has affirmed that Việt Nam is keen to foster friendship with Switzerland and hopes the two countries will continue bolstering co-operation in all fields, especially trade and investment. The PM made the statement while meeting the visiting Director of Switzerland’s Federation Department of Environment, Transport, Energy and Communication Doris Leuthard in Hà Nội yesterday after their previous meeting in January 2017 when the PM attended the World Economic Forum in Davos. He welcomed the two countries’ signing of agreements to support each other at multilateral forums. Leuthard said she was impressed by Việt … [Read more...] about Việt Nam keen on bolstering all-round partnership with Switzerland: PM
Vietnam keen on bolstering all-round partnership with Switzerland: PM
The PM made the statement while meeting the visiting Director of Switzerland’s Federation Department of Environment, Transport, Energy and Communication Doris Leuthard in Hanoi on April 3 after their previous meeting in January 2017 when the PM joined the World Economic Forum in Davos. Prime Minister Nguyen Xuan Phuc welcomes head of Switzerland’s Federation Department of Environment, Transport, Energy and Communication Doris Leuthard. He welcomed the two countries’ signing of agreements to support each other at multilateral forums. Leuthard showed her impression at Vietnam’s growth as well as delight at the progress of the ties between the two countries over the past years. She expressed her hope that negotiations for a free trade agreement between Vietnam and the European Free Trade Association (EFTA) will be finalized this year after seven years, so that the deal can be signed soon, opening up new cooperation prospects in tourism, trade and … [Read more...] about Vietnam keen on bolstering all-round partnership with Switzerland: PM
PM promises 5 7 per cent corporate income tax cuts at GMS Summit
Prime Minister Nguyen Xuan Phuc at the sixth GMS Summit “We have been working to meet our commitments to protect intellectual property rights, innovative ideas, and the inventions of startups. We will continue to boost tax policy reforms and corporate income tax will be decreased to 15-17 per cent from the current 20-22 per cent,” stated Prime Minister Nguyen Xuan Phuc at the sixth Greater Mekong Subregion (GMS) Summit. At the summit, the PM said that in 2017, Vietnam continued to maintain one of Asia’s highest economic growths, with inflation controlled at 3.5 per cent. The country’s interest and exchange rates remained stable, trade turnover reached a record $425 billion, and foreign reserves have exceeded $60 billion. According to the World Bank, Vietnam’s Ease of Doing Business Index last year jumped 14 places to stand 68th among 190 economies. The World Economic Forum (WEF) placed Vietnam’s Global Competitiveness Index (GCI) at 55th out of … [Read more...] about PM promises 5 7 per cent corporate income tax cuts at GMS Summit