Vietnam foreign policy

Prime Minister Pham Minh Chinh (R) and French Ambassador to Vietnam Nicolas Warnery. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh has affirmed that Vietnam always considers France an important partner in its foreign policy. During a reception in Hanoi on September 22 for French Ambassador to Vietnam Nicolas Warnery , PM Chinh once again thanked the French Government and people for their timely donation of COVID-19 vaccines and medical supplies to Vietnam. Amid the current complicated developments of the pandemic, the PM suggested France continue donating, lending and ceding COVID-19 vaccines and transfer COVID-19 vaccine and treatment medicine production technologies to Vietnam, helping the country improve the capacity of its healthcare system and develop its pharmaceutical industry. Toward the 50th founding anniversary of diplomatic ties and the 10th anniversary of strategic partnership in 2030, PM Chinh expressed his wish that the two countries would … [Read more...] about Vietnam always considers France an important partner in its foreign policy: PM

Vietnamese President Nguyen Xuan Phuc had bilateral meetings with Presidents of Mongolia, Switzerland and Austria, and President of the European Council (EC) in New York on September 22 (local time). President Nguyen Xuan Phuc (R) meets resident of the European Council Charles Michel (Photo: VNA) At the meeting with Mongolian President Ukhnaagin Khurelsukh, the two leaders affirmed that they always attach great importance to the bilateral friendship, as well as the mutual support and assistance during the past struggles for national liberation and the current process of national construction. President Phuc said he is willing to coordinate with President Khurelsukh and the two countries’ ministries and sectors to find appropriate measures to further develop bilateral cooperation in more fields. He proposed both sides work together to create favourable conditions for the export of each country's strong products so as to early achieve the goal of 100 … [Read more...] about President holds bilateral meetings with foreign leaders in New York

Lam Van Thanh, Chairman of Kien Giang Province, where Phu Quoc is located, said that by the end of October, the island would not have ensured necessary conditions to carry out its planned tourism reopening plan. He said only 35.2 percent of people aged 18 and above have got a first shot and just 6.13 percent of residents have been fully vaccinated. The island needs another 250,000-300,000 doses to achieve herd immunity, but recent allocation has also been low, while the stipulated time between two doses of a Covid vaccine is 4 to 8 weeks, depending. Even if the amount of needed vaccine doses was allocated right now, it would take around two months for Phu Quoc to achieve vaccination coverage for 90 percent of its population, Thanh said. He emphasized: "The province will reopen international tourism when pandemic prevention measures are ensured at highest level. It will not sacrifice the health and lives of people for economic growth." Therefore, while local authorities are … [Read more...] about Phu Quoc not ready for foreign tourists next month

HCM City to implement third relief package worth 7.3 trillion VND Ho Chi Minh City will carry out the third relief package worth 7.3 trillion VND (around 320.7 million USD) sourced from the local budget to help more households and informal workers affected by the COVID-19 pandemic, said Vo Van Hoan, Vice Chairman of the municipal People’s Committee. Speaking at a press conference held by the city’s Steering Committee for COVID-19 Prevention and Control on September 20, Hoan said given complicated developments of the COVID-19 pandemic in the city and prolonged social distancing, people face more difficulties due to job loss and having no income. Therefore, in addition to the social security relief packages of the city's Vietnam Fatherland Front Committee and other organisations and individuals, the municipal People's Committee continues to implement the third relief package to help ease difficulties for local residents. According to reports from the People's Committees of … [Read more...] about VIETNAM NEWS HEADLINES SEPTEMBER 21

Michael Kokalari, Chief economist, VinaCapital The Fed effectively prints money and uses it to acquire bonds and other securities. In doing so, it increases the amount of US dollars in the global economy, and thus the Fed’s quantitative easing (QE) programme is essentially (but not exactly) a form of money printing that pushes up stock prices around the world. For that reason, some investors are worried about the possibility of another “taper tantrum” like in 2013. At that time, the Fed’s announcement that it would reduce its monthly QE purchases from $85 billion to $65 billion prompted major corrections in several emerging market (EM) stock markets. Most analysts expect the Fed to begin its QE tapering in December. As such, some investors are concerned about the possibility that another taper tantrum could prompt a correction in the VN-Index, which has surged by more than 20 per cent on-year despite the lockdowns. We are not overly concerned that another taper tantrum will … [Read more...] about Fed’s fiscal tightening won’t dent Vietnam’s position

President Nguyễn Xuân Phúc delivers a speech at the general debate of the 76th session of the United Nations General Assembly. —VNA/VNS Photo NEW YORK — Vietnamese President Nguyễn Xuân Phúc delivered a statement at the general debate of the 76th session of the United Nations General Assembly (UNGA) in New York, the US, on Wednesday (local time). The following is the full text of the statement. Mr. President, I wish to extend my congratulations to Mr. Abdullah Shahid on the assumption of his duties as the President of the 76th UNGA. I am convinced that under his able leadership and with his vast experience, he will lead our session to success. I highly appreciate the significant contributions of Mr. Volkan Bozkir in his capacity as the President of the 75th UNGA. I also wish to, once again, congratulate Mr. Antonio Guterres on his re-election as the UN Secretary-General. I believe that, with his perseverance and dedication, he will work to realise the Organisation’s … [Read more...] about President stresses cooperation, connectivity among nations in face of non-traditional security challenges