Deputy Minister of Industry and Trade Do Thang Hai (C) at the second meeting of the Vietnam-Uruguay Joint Committee on economic, trade and investment cooperation (Photo: VNA) Hanoi (VNA) – Deputy Minister of Industry and Trade Do Thang Hai and Uruguayan Deputy Minister of Foreign Relations Carolina Ache Batlle on October 21 co-chaired the second meeting of the Vietnam-Uruguay Joint Committee on economic, trade and investment cooperation. During the online event, the two sides reviewed cooperation between the two nations across fields from economy, trade, investment, finance to agriculture and science and technology since the first meeting held in October 2018 in Uruguay's Montevideo capital city. They discussed and proposed plans to further promote bilateral cooperation in the coming time. They agreed that bilateral trade relations still remains modest and has yet to match the potential. They underlined the need to promote cooperation in bilateral and multilateral … [Read more...] about Vietnam, Uruguay look to expand economic cooperation
Vietnam days in switzerland 2021 to be held online in october
Funding is empowering SMEs amid difficult access to bank loans. The Japan International Cooperation Agency (JICA) on October 20 signed a US$75 million loan agreement with Vietnam Prosperity Joint Stock Commercial Bank (VP Bank) to fund micro, small and medium-sized enterprises (MSMEs). Toyama Tatsuya, General Director of Sumitomo Mitsui Banking Corporation (SMBC) Vietnam (1 st left), Chief Representative of the JICA Vietnam Office Shimizu Akira, and Vo Hang Phuong, Head of Financial Institutions and Transaction Banking, VP Bank, at the signing ceremony on Oct 20. Through the Private Sector Investment and Finance (PSIF), the loan is in line with the “Initiative on Overseas Loan and Investment for ASEAN” announced by the Government of Japan in 2019 and is implemented by utilizing the “Facility for Accelerating Financial Inclusion in Asia: FAIA.” The loan is co-financed with the Sumitomo Mitsui Banking Corporation (SMBC) and is JICA’s first PSIF project in … [Read more...] about JICA, Sumitomo Mitsui offer US$75 million to Vietnam SMEs
The Government has set up taskforces specialized in addressing concerns of businesses that have been severely affected by the pandemic. Foreign investors continue to show strong commitments to doing business in Vietnam and have been expanding their presence in the country. Spokesperson of the Ministry of Foreign Affairs Le Thi Thu Hang. Source: MoFA Spokesperson of the Ministry of Foreign Affairs Le Thi Thu Hang gave the statement in a monthly press conference held today [October 21]. “Vietnamese authorities stand ready to provide the maximum support to foreign businesses and investors and get all economic activities back to normal and avoid possible disruption in the supply chains,” Hang said. Hang added the Government has set up multiple taskforces specialized in addressing concerns of businesses who have been severely affected by the pandemic. As of September 20, Vietnam attracted over US$22.15 billion in FDI commitments, an increase of 4.4% year on … [Read more...] about Foreign businesses continue to expand investment in Vietnam
A training session of the team (Photo: thanhnien.vn) Hanoi (VNA) - Head coach Park Hang-seo has announced the 23-man squad of Vietnam which will compete at the upcoming AFC U23 Asian Cup qualifiers. Three players that did not make their name onto the list include defenders Doan Anh Viet and Cao Tran Hoang Hung and midfielder Nguyen Van Minh. This time, the Vietnam’s U23 team comprises three goalkeepers, seven defenders, eight midfielders and five forwards. Head coach Park Hang-seo (centre) and Vietnamese players during practice (Photo: VFF) The team travelled to Kyrgyzstan from the United Arab Emirates late October 20 (UAE time). On the same day, the Asian Football Confederation announced changes in match schedule of Group I, which will be held in Bishkek city of Kyrgyzstan at 5pm (Vietnam time). Vietnam will play Chinese Taipei on October 27 and Myanmar on November 2./. VNA … [Read more...] about Vietnam announce roster for AFC U23 Asian Cup qualifiers
All activities at sea must fully comply with the 1982 UN Convention on the Law of the Sea (UNCLOS) and other relevant regulations and practices in order to make positive contributions to maintaining peace and stability in the East Sea. The US Seawolf-class nuclear attack submarine USS Connecticut (Photo: US Navy) Le Thi Thu Hang, spokeswoman of the Ministry of Foreign Affairs, made the statement during a regular press briefing held on October 21 in Hanoi. This comes following the nation learning about information about a United States nuclear submarine USS Connecticut hitting an unknown object and subsequently being damaged while operating in the East Sea in early October. These statements come in response to a question regarding China's CGTN channel releasing a video on October 19 of JH-7 aircraft of the naval aviation unit of the Southern Theater Command's recent live-fire drills in the East Sea without specifying a specific location and time, Hang … [Read more...] about Vietnam responds to incident involving US submarines in East Sea
Secretary General of the International Telecommunication Union (ITU) Houlin Zhao praised the proposals and initiatives of Vietnam and hoped that it would share its experiences with other ITU member countries. The ITU is a specialized organization of the United Nations established on July 15, 1947. The ITU has 193 member countries, and more than 700 associate members that are businesses, research institutions operating in the fields of telecommunications and information technology, and regional and international organizations. The ITU is an organization with the mission of maintaining and strengthening international cooperation in the fields of wireline, radio, fiber optic cable, and satellite in all member countries to enable the use of telecommunications in the most effective way. Vietnam’s role in ITU Since 1975, the Government of the Socialist Republic of Vietnam has been the sole legal representative of Vietnam to participate in the ITU. In recent years, … [Read more...] about What is Vietnam’s role in the International Telecommunication Union?