Strategic partnership

Your browser does not support the audio element. Vietnamese Prime Minister Nguyen Xuan Phuc has criticized the recent speech of his Singaporean counterpart Lee Hsien Loong, in which he had accused Vietnam of 'invading' Cambodia to overthrow the Khmer Rouge in 1979. Following a request from Singapore, the two premiers joined talks on Saturday afternoon, on the sidelines of the 34th ASEAN Summit in Bangkok, Thailand, which is scheduled for June 22 and 23. During their conversation, PM Phuc criticized the speech of PM Lee on May 31, in which he accused Vietnam of 'invading' Cambodia to topple the Khmer Rouge in 1979, according to the Vietnamese Ministry of Foreign Affairs. The accusation was mentioned in PM Lee's remarks at the Shangri-La Dialogue as well as his Facebook status which was written to express condolences on the passing of former Thai PM Prem Tinsulanonda. According to the Vietnamese premier, history has proven that Singapore's judgments about the role of … [Read more...] about Vietnamese premier criticizes Singaporean PM’s ‘invasion’ statement during bilateral talks

The forum was jointly held by the Vietnamese Ministry of Industry and Trade, the American Chamber of Commerce in Hanoi, and the US-ASEAN Business Council. (Photo: VNA) Speaking at the Vietnam-US Trade Forum 2021, Vietnamese Deputy Minister of Industry and Trade Do Thang Hai affirmed that the US is a leading important partner of Vietnam on all cooperation pillars. The official cited statistics as showing that two-way trade increased from US$450 million in 1995 when the two countries established their diplomatic relations, to US$90.8 billion last year. As of October 2021, the figure reached US$89,6 billion, and the US has maintained its position as Vietnam’s biggest trade partner and biggest importer, he said. Meanwhile, Vietnam is now the 9th biggest trade partner of the US, jumping five places from 2020. For investment, as of October, the US had ranked 11th among 138 countries and territories investing in Vietnam, with 1,134 projects worth US$9.72 billion. Most of US … [Read more...] about Trade ties contribute to deepening Vietnam-US comprehensive partnership: forum

Both leaders agreed the strong cooperation between the two countries has brought substantial benefits for the people and, thus, they are committed to further nurturing this special relationship in the future. The Vietnam-Laos special relations are the invaluable assets of the two Parties and nations, serving as the cornerstone for each country to safeguard national interests and promote shared prosperity. General Secretary of the CPV of Vietnam Nguyen Phu Trong (r) and the Laos National Assembly Chairman Xaysomphone Phomvihane (l). Source: VNA The sentiment was shared during the meeting between the General Secretary of the Central Committee of the Communist Party (CPV) of Vietnam Nguyen Phu Trong and the Lao National Assembly Chairman Xaysomphone Phomvihane today [December 7]. At the meeting, Xaysomphone Phomvihane congratulated Vietnam’s achievements attained over the past years, expressing his belief that the country under the leadership of the CPV would … [Read more...] about Vietnam-Laos special relations ensure shared prosperity

The fifth meeting of the 15th NA Standing Committee in late November (Photo: VNA) Hanoi (VNA) – The Standing Committee of the 15th National Assembly (NA) will convene its sixth meeting in Hanoi in on December 8 - 10 and December 21 - 22, with preparations for an extraordinary session of the parliament among issues high on the agenda. The NA Office announced on December 7 that the Standing Committee will discuss a draft law amending and supplementing some articles of the laws on public investment, public - private partnership investment, bidding, electricity, enterprises, special consumption tax, and enforcement of civil judgments; and a draft resolution on piloting some special mechanisms and policies for the development of Can Tho city. It will consider permitting the implementation of several healthcare-related mechanisms and policies to serve the COVID-19 combat; and extending the duration of goods storage at duty-free stores, warehouses of firms selling … [Read more...] about NA Standing Committee to open 6th meeting on December 8

There is a high chance that the bilateral trade turnover could surpass the US$100-billion mark for the first time right this year. The shortage of goods due to the disruption of the global supply chains and growing demands from major economies on recovery, especially the US, is offering opportunities for Vietnamese businesses to further penetrate the world’s largest market. Vice Minister of Industry and Trade Do Thang Hai. Photos: Hai Yen Counselor of the Vietnam Trade Office in the US Bui Huy Son shared the view at the Vietnam-US Trade Forum 2021 held today [December 7]. “As Vietnam makes up only 3.6% of US total imports, there remains huge potential in economic cooperation for both countries,” Son noted. Sharing the view, Vice Minister of Industry and Trade Do Thang Hai said the US remains one of Vietnam’s key partners in all spheres, noting cooperation in trade and economy between the two is the pillar in the bilateral comprehensive partnership. … [Read more...] about US economic recovery offers opportunities for Vietnam businesses

Vietnam said all development decisions must be nature-based and centered around people to ensure sustainable development in which no one would be left behind. Vietnam, a developing country, has stressed the importance of an all-people approach in coping with a global issue – climate change – and its roadmap to achieve a net-zero target by 2050 it has declared. Overview of the workshop in Hanoi on Dec 7 chaired by Minister of Natural Resources and Environment Tran Hong Ha. Photo: Huong Giang/ UNDP The idea has been included in Prime Minister Pham Minh Chinh’s speech at the 2021 United Nations Climate Change Conference (COP26) held in Glasgow, the UK, in early November, as part of efforts to promote the engagement of all people in Vietnam in realizing its commitment at the global event, according to Pham Van Tan, Deputy Head of Vietnam’s Climate Negotiation Delegation. It’s interesting that Vietnam has stipulated the role of its people in the common drive, … [Read more...] about People-centered approach: Vietnam’s weapon to realize COP26 commitment