Us russia cooperation in space

Russian President Vladimir Putin (right) shakes hands with Philippine's President Rodrigo Duterte prior to their talks at the Valdai Discussion Club in Sochi. (Source: AFP) Hanoi (VNA) – Philippine President Rodrigo Duterte and his Russian counterpart Vladimir Putin have agreed to enhance cooperation between the two countries. Speaking at their talks with Duterte in the Russian city of Sochi on October 3, Putin affirmed the Philippines is an important partner of Russia in Asia, and their bilateral cooperation should be developed in a constructive and mutually-beneficial manner. He said Russian companies are ready to increase deliveries to the Philippines of mineral resources, aircraft, transport and special equipment. Russia is interested in cooperation with the Philippines in the fields of nuclear energy, space exploration and digital technology, Putin said, adding that Moscow is also willing to share its counter-terrorism experience and practices with the … [Read more...] about Philippines, Russia to expand bilateral cooperation

Permanent Vice Chairwoman of the National Assembly Tong Thi Phong at the 4th Meeting of Speakers of Eurasian Countries’ Parliaments (MSEAP 4) in Nur Sultan, the capital city of Kazakhstan, on September 24 (Photo: VNA) At the 4th Meeting of Speakers of Eurasian Countries’ Parliaments (MSEAP 4) in Nur Sultan, the capital city of Kazakhstan, on September 24, Phong stressed the meeting’s theme “Greater Eurasia: Dialogue, Trust, Partnership” and highlightedVietnam's proactive and active international integration policy. The official proposed to increase the building of trust, mutual understanding and respect, and promote co-operation, dialogue and exchange of experience in the field of parliament. She also tabled the ideaof promoting regional, inter-regional and global multilateral co-operation in economy, trade, technology transfer, and called for attention to cultural exchanges in Asia and Europe, building a culture of dialogue for peace, … [Read more...] about Vietnam highlights significance of multilateral cooperation at MSEAP 4

Rice export volume up but value falls The ministry said the total rice export volume and value in the first nine months of this year reached 5.2 million tonnes and $2.24 billion, respectively. The figures represented a rise of 5.9 per cent in volume and a drop of 9.8 per cent in value compared to the same period in 2018. Of which, Viet Nam shipped abroad 586,000 tonnes of rice in September for $251 million. The Philippines was the top market for Vietnamese rice in the first eight months of this year, consuming 1.76 million tonnes worth $720 million, 2.9 times higher in volume and 2.6 times in value over the same period last year. Strong growth was also seen in other markets, including Australia (75 per cent), Ivory Coast (nearly 35 per cent) and Hong Kong (nearly 35 per cent). The average rice price in the first eight months fell 13.8 per cent year on year to $435 per tonne. White rice led the way in the period, accounting for 47 per cent of total revenue, followed by Jasmine rice … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 14

Yellow card pushes seafood industry developing sustainably Vietnam’s seafood exports have been seriously affected since the European Commission issued an official warning against illegal, unreported and unregulated (IUU) exploitation of Vietnamese seafood. The European Commission’s yellow card has seriously affected Vietnamese seafood firms, resulting in a downturn in export value to the EU and a shortage of input material. Given these acute challenges, this company has still raked in six million USD, recorded 12 percent export growth in the first eight months of 2019. This success looks like a timely change in tactics. The EU is no longer Vietnam’s second biggest seafood importer. With import value of 251 million USD, it now stands in fifth position. According to the Vietnam Association of Seafood Exporters and Producers, seafood exports to the EU have fallen, but have witnessed growth in other markets. Seeing the challenge as an opportunity to restructure, the … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 17

Vietnamese supporting industries lag far behind Thailand Compared with Thailand, Vietnamese supporting industries are still in a nascent stage. The localization ratio of the Thai automotive industry is roughly 60-70% compared with 7-10% in Vietnam, stated Vu Trong Tai, general manager of Reed Tradex Vietnam. Tai told the Saigon Times that the supporting industries in Vietnam have made impressive progress over the last few years. The country has seen more small and medium enterprises (SMEs) participating in the global supply chain, and the localization ratio has increased. Many local companies can now supply high-quality products to Samsung, Intel and other giants. However, there is still much room for development to fill existing gaps. The number of SMEs qualified to serve the global supply chain is limited, modest in scale and lacks collaboration, resulting in low supply capability. In addition, the lack of proper investment in the latest technology hinders competitiveness in terms … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 20