The two-way trade between Vietnam and South Korea may amount to US$100 billion this year, instead of 2023 as previously targeted, said South Korean Consul General in Vietnam’s Da Nang City Ahn Min Sik. The South Korean diplomat released his ambitious expectation after reviewing the bilateral trade result of $45 billion in the first half of this year at a seminar held in the central metropolis on Friday. The event, themed “The history of exchanges between and future prospects of the Vietnam - South Korea relationship,” was part of the celebration of the 30-year anniversary of the diplomatic relations between the two countries. Despite the heavy impacts of the COVID-19 pandemic, both countries gained a two-way trade value of $80.6 billion in 2021, much higher than the $500 million recorded 30 years ago, Consul General Ahn said. Considering the ongoing trade growth trend, as shown in the first six months of this year, the bilateral turnover may reach $100 billion in 2022, instead … [Read more...] about Vietnam – S.Korea trade likely reaches $100bn this year: Consul General
Vietnam railway review
☕ Afternoon briefing on August 12
Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 12. – Deputy Minister of National Defence Sen. Lt. Gen. Hoang Xuan Chien received UN Resident Coordinator in Vietnam Pauline Tamesis in Hanoi on August 12, saying that Vietnam will take part in UN peacekeeping operations more extensively in the time ahead. Chien appreciated the cooperation and assistance from the UN and its agencies in Vietnam, especially the UN Resident Coordinator Office, when the country served as the ASEAN Chair in 2020 and a non-permanent member of the UN Security Council during 2020 - 2021. Read full story – The National Assembly of People's Power of Cuba has received 750 tablets, two servers and two printers as gifts from the Vietnamese counterpart. Speaking at the handover ceremony held on August 11 in Havana, Vietnamese Ambassador to Cuba Le Thanh Tung said the equipment is intended to help the Cuban legislature improve its operational … [Read more...] about ☕ Afternoon briefing on August 12
Quang Ninh promotes consumption of local products in domestic market
At Go! supermarket in Ha Long, Quang Ninh - Illustrative image (Photo: VNA) Quang Ninh (VNA) – The northeastern province of Quang Ninh has implemented many practical programmes to promote the consumption of local product s in the domestic market . The province took the move in implementing Directive 03-CT/TW dated May 19, 2021 of the Party Central Committee’s Secretariat on intensifying the Party’s leadership over the campaign of “Vietnamese people prioritise using Vietnamese goods” in the new stage; and the Prime Minister’s Directive 28/CT-TTg dated October 26, 2021 on bolstering the implementation of the campaign. In the first seven months of 2022, the province’s Department of Industry and Trade has organized or participated in 11 trade promotion events in and outside the province. This included one provincial-level event - the Quang Ninh Summer OCOP (One Commune – One Product) Trade Fair, which featured nearly 300 booths; and three district-level fairs. The … [Read more...] about Quang Ninh promotes consumption of local products in domestic market