Strength based development

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

On transportation, the four nations will work to build missing roads in their transport connectivity, upgrade sections in the North-South Economic Corridor, East-West Economic Corridor and South Economic Corridor, accelerate construction of the Vientiane-Hà Nội expressway and study building a road running through Myanmar, Laos and Việt Nam.  … [Read more...] about Việt Nam ready to contribute to CLMV co-operation: Prime Minister

The recent penetration of foreign retailers, fuelled by the participation of Việt Nam in a series of new-generation free trade deals, has hastened the race for capturing market share in the retail sector, which is seen as having large untapped potential with strong purchasing power. … [Read more...] about HCM City to reform food markets

He congratulated Saysomphone Phomvihane on being re-elected as a Politburo member of the LPRP (11th tenure) and expressed his belief that under the leadership of the new Politburo and the LPRP Central Committee, the Lao people will reap even greater achievements in the process of national construction and defence and successfully realise goals and political tasks set by the Resolution of the 11th Congress of the LPRP. … [Read more...] about VFF leader congratulates Laos on 11th Party Congress

Nguyen Xuan Thanh, a member of the Prime Minister’s Economic Advisory Group and lecturer at Fulbright University Vietnam, said that Ho Chi Minh City is well behind the likes of Singapore, Hong Kong, and Bangkok when it comes to offering a strong financial centre for the globe. Therefore, Thanh said, the city needs to work with startups especially in order to improve technical infrastructure and cybersecurity, as well as train quality human resources to prepare for developing the city into an IFC. … [Read more...] about Global finance centre reboot on the cards