Samsung Vietnam's management board at the ceremony. The R&D Centre has an investment of about US$220 million. — Photo courtesy of the firm Samsung Vietnam on Saturday officially completed the construction of the civil work for the new Samsung Research and Development Centre in Ha Noi’s Tay Ho urban area. To show the determination to ensure safety and complete the work on schedule, a safety oath ceremony was held. Starting in March 2020, the construction has completed 70 per cent of the workload, thereby ensuring its schedule so that the new centre can be completed by the end of this year as committed to the Viet Nam Government. In October 2020, the foundation construction was completed. In April 2021, the work completed 30 per cent of the plan and started construction of the floating structure. By September 2021, 50 per cent of the work has been completed. Last year, despite the complicated situation of the COVID-19 pandemic, Samsung Vietnam ensured strict compliance … [Read more...] about Samsung Vietnam completes construction of new R&D Centre
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Indonesia defense minister visits Vietnam, highlighting navy cooperation
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
Vietnamese, Indonesian defence chiefs discuss South China Sea, maritime information sharing
Vietnamese Minister of National Defence General Phan Văn Giang met his Indonesian counterpart Prabowo Subianto on Friday in Hanoi and suggested the two countries strengthen the sharing of maritime information. Vietnamese Minister of National Defence General Phan Văn Giang and his Indonesian counterpart Prabowo Subianto review the honor guard of the Vietnam People's Army in the capital city of Hanoi on Friday. The three-day trip by Indonesian Defence Minister Prabowo Subianto started on Thursday. It is his first trip to Vietnam since he took office in October 2019. The Indonesian minister said that Indonesia always attaches importance to its relationship with Vietnam. The two sides agreed that defence cooperation between Vietnam and Indonesia has been promoted by both sides, and achieved many positive results. Based on the Memorandum of Understanding between the governments of the two countries, on enhancing cooperation between defence officials and … [Read more...] about Vietnamese, Indonesian defence chiefs discuss South China Sea, maritime information sharing
Vietnam to meet inflation target in 2022: HSBC
It expected Vietnam’s inflation at 3.7 percent in the latest report, up 0.7 percentage point compared to the previous forecast published February. However, Vietnam’s inflation is unlikely to be a big concern this year as it will likely remain well below the 4 percent inflation target of the State Bank of Vietnam, the lender said. Compared to rising inflation in parts of Southeast Asia, Vietnam’s inflationary risk is among the lower end of the group, it added. According to the General Statistic Office, the four-month consumer price index rose by 2.1 percent compared to 0.89 percent over the same period last year. Transport and food, two categories used in calculating CPI, fell in April thanks to declining oil and domestic agriculture product prices between March and April. Education and housing & construction material rose, mirroring higher tuition fees after a period of Covid-19 discounts and rising rent prices after workers return to cities. But the bank also warned of … [Read more...] about Vietnam to meet inflation target in 2022: HSBC
Border defense friendship exchange contributes to consolidating Vietnam – Cambodia friendship
In an interview granted to reporters of the People’s Army Newspaper before the first Vietnam – Cambodia Border Defense Friendship Exchange, the Vietnamese Deputy Defense Minister affirmed that building, maintaining, and protecting a borderline of stability, peace, friendship, cooperation, and development is one of the concerns of Vietnam and its neighboring countries. To achieve this important target, the Vietnamese Ministry of National Defense and the defense ministries of neighboring countries of China, Laos, and Cambodia have co-hosted border defense friendship exchanges. The border defense friendship exchange is a new and creative model, which is always given special importance by the Central Military Commission and the Ministry of National Defense. Activities during the exchange have diversified cooperation forms and mechanisms, which have been effectively carried out by defense ministries and military units of Vietnam and neighboring countries. Senior Lieutenant General Hoang … [Read more...] about Border defense friendship exchange contributes to consolidating Vietnam – Cambodia friendship
Vietnam calls for more support to ASEAN’s Centrality
ASEAN should be fully consulted in settling regional issues with respect to international law. Vietnam has called for more support for ASEAN’s central role in solving regional disputes and maintaining peace and security in the region in a transparent and constructive manner. Vietnam's Prime Minister Pham Minh Chinh speaks at the US-ASEAN Special Summit in Washington, D.C.on May 13. Photos: VGP Prime Minister Pham Minh Chinh shared the view in the US-ASEAN Special Summit held on May 13 in Washington, D.C., with the participation of ASEAN members’ leaders and the bloc Secretary General. Chinh expressed his hope that major countries and partners of ASEAN respect ASEAN’s central role, fully consult with ASEAN, respect international law, and contribute to peace, security, and stability in the region and around the world. In the meeting co-chaired by US President Joe Biden and Indonesian President Joko Widodo, Chinh said the 45-year of US-ASEAN relations have … [Read more...] about Vietnam calls for more support to ASEAN’s Centrality