Vietnam malaysia relations

Prime Minister Nguyen Xuan Phuc and Prime Minister Mohathir Mohamad have an open and candid detailed discussion conducted in the spirit of mutual understanding. Photo: VGP    >>> VN, Malaysia pledge to coordinate closely in ensuring maritime security, freedom  1. At the invitation of H.E. Nguyen Xuan Phuc, Prime Minister of the Socialist Republic of Viet Nam, H.E. Tun Dr. Mahathir Mohamad, Prime Minister of Malaysia paid an official visit to Viet Nam from 26 to 28 August 2019. The Prime Minister of Malaysia was accompanied by a high level official delegation, which included the Minister of Foreign Affairs, senior officials from the Prime Minister’s Office, the Ministry of Foreign Affairs and the Ministry of International Trade and Industry. 2. The official welcoming ceremony for Prime Minister Mahathir Mohamad was held at the Presidential Palace on 27 August 2019. During the visit, Prime Minister Mahathir Mohamad held bilateral talks with … [Read more...] about VN, Malaysia issue Joint Statement expressing serious concerns over developments in East Sea

At the launching ceremony ( Source: https://www.malaymail.com) Kuala Lumpur (VNA) - The Malaysian government launched the new Security and Public Order Policy (DKKA) on October 3. Addressing a ceremony to announce the policy, which is designed by the Ministry of Home Affairs (KDN), Malaysian Prime Minister Mahathir Mohamad said that it will help unite the people and protect the national interest. The DKKA can be a reference for many issues related in security and public order, while supplementing the national security policies, especially when Malaysia is facing complicated security threats. Home Affairs secretary-general Tan Sri Alwi Ibrahim said the six core areas of the policy were to uphold the constitutional dignity, the rule of law and the country’s key institutions; to enhance the governance and integrity of security enforcement agencies; to strengthen security and border controls; to secure public safety and security; to combat the abuse of drugs; and to protect the … [Read more...] about Malaysia launches new security, public order policy

Positive signs have been seen in Vietnam’s condotel arena after more than two years of downturn as consumption in the third quarter of this year was reported at 86 per cent compared to less than 40 per cent in the same period of 2018. There are bright spots for condotels but legal advances are a must to ensure stability Nguyen Minh Tu just bought a condotel unit at the Peninsular Nha Trang project with investment of VND1.4 billion ($60,900). The Hanoian wanted a condotel for lease, and Nha Trang was chosen by her and her family. Tu now is receiving rental yield of around 8 per cent annually and she is satisfied with the figure. In the past, buyers required almost the entire lease for their apartments. Condotels, meanwhile, have not been regulated in any policy from the government, and therefore their lifespan was limited to 50 years only. The lack of a legal system brought a downturn in the market, but now many people aim to buy condotels for leasing regardless of the … [Read more...] about Condotels in Vietnam look to legal framework for revival

RoK airline to launch route to Nha Trang in December An aircraft of Air Seoul (Photo: Yonhap news agency) Air Seoul is wholly owned by the Republic of Korea (RoK)’s Asiana Airlines Inc. Starting December 18, Air Seoul plans to offer seven flights a week to Nha Trang as it strives to strengthen services on routes to Southeast Asia to offset declining demand on Japanese routes, the company said in a statement. Since early July, RoK airlines have halted or reduced services on their Japanese routes, while expanding flights on non-Japanese ones after the neighbouring country implemented export restrictions of key materials to the RoK./. Banks forecast strong performance despite credit slowdown Most domestic credit institutions and foreign banks’ branches in Vietnam expect their business performance in 2019 to be better than last year despite the predicted slowdown in credit growth, according to the State Bank of Vietnam's latest survey released late last week. In the … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 15

Mekong Delta, HCMC warned of tidal flooding in lowland, riverside areas The Southern Regional Hydrometeorological Center has warned the Mekong Delta and Ho Chi Minh City of flooding in lowland and riverside areas as a high tide is forecast to occur and reach its peak in the next couple of days. According to the center, water level in the Saigon and Dong Nai rivers on October 12 highly increased. It is predicted to continue surging in the next few days. The peak of the high tide might occur on October 15-16, the 17th and 18th day of the ninth lunar month. The National Hydro Meteorological Forecasting Center also issued the same warning, saying that the water level in the Mekong and Saigon Rivers will reach alarming levels 2-3 under influence of the high tide. Low lying and riverside areas in HCMC and the Mekong Delta might be flooded. In the meantime, the meteorological station in Can Tho city said that tide level in canals in the city will continue moving up to reach 1.95-2 meters and … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 15