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Since the launch of the EAEU in 2016, bilateral trade turnover has been on a steady rise and reached $630 million in 2021, nearly tripled that of in 2016. Vietnam seeks cooperation with Kazakhstan in revising the Vietnam-Eurasian Economic Union (EAEU) Free Trade Agreement, which comprises Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan) to facilitate bilateral trade and investment cooperation. Prime Minister Pham Minh Chinh and Kazakhstan’s Deputy Prime Minister and Foreign Minister Mukhtar Tileuberdi. Source: VGP Prime Minister Pham Minh Chinh stressed the view during a meeting with Kazakhstan’s Deputy Prime Minister and Foreign Minister Mukhtar Tileuberdi today, as the latter is currently on a visit to Vietnam from August 17-18. According to Chinh, Vietnam prioritizes its long-standing relations with Kazakhstan, welcoming the significance of Mukhtar’s visit at a time when both are celebrating the 30 th anniversary of diplomatic relations … [Read more...] about Vietnam seeks revision of EAEU FTA to boost trade with Kazakhstan

Indonesia President Joko Widodo. (Photo: AP) Jakarta (VNA) – The Government of Indonesia has set its economic growth target at 5.3% next year, President Joko Widodo said in his 2023 State budget speech during the plenary meeting of the House of Representatives earlier this week. The government will continue to redouble efforts to ensure the sustainability of the national economic recovery, and to push for consistent production expansion to create as many job opportunities as possible, he said. He also stressed that new sources of growth must be realised without delay. In keeping with this, the implementation of various structural reform agendas has continued to be accelerated for bringing about economic transformation. Investment must be stimulated, while the competitiveness of national manufacturing products in the global market must be improved, the President said. He further noted that the private sector has increasingly become more robust as an engine for … [Read more...] about Indonesia eyes GDP growth of 5.3% next year

The successive opening of direct flights connecting famous tourist destinations between the two countries is paving the way for travel to boom. Indian arrivals to Vietnam would increase further through the implementation of specific solutions linking the two markets. Vietnamese and Indian enterprises exchange information at the conference. Photo: nguoilaodong.com.vn Ambassador of India to Vietnam Pranay Verma shared his expectation at the Tourism Promotion Conference between India and Vietnam held by the Consulate General of India in Ho Chi Minh City on August 17. “My family is looking forward to traveling to Vietnam. Currently, many airlines have reconnected flights between cities around the world. Besides, there are many opportunities to deploy solutions to attract tourists to Vietnam and India. On the Indian side, medical tourism is also very potential but not popular to many tourists,” he added. He acknowledged that less than 200,000 Indian visitors … [Read more...] about Vietnamese travel businesses boost linkages to lure Indian tourists

The visit of the Deputy Prime Minister and Foreign Minister of Kazakhstan Mukhtar Tileuberdi will create fresh impetus for the future development of bilateral co-operation with Vietnam, Foreign Minister Bui Thanh Son has said. Foreign Minister Bui Thanh Son (R) welcomes Deputy Prime Minister and Foreign Minister of Kazakhstan Mukhtar Tileuberdi (Photo:baoquocte.vn) Deputy PM Tileuberdi paid an official visit to the nation from August 17 to August 18 at the invitation of Minister Son. Since both countries established diplomatic ties on June 29, 1992, the two sides have maintained regular political dialogues at all levels, as well as striving to increase exchanges at bilateral and multilateral forums, thereby contributing to the consolidation of global peace and security. In a recent interview given to the media, Kazakhstan Ambassador to Vietnam Yerlan Baizhanov stated that since the initial establishment of co-operative ties, both nations have launched an … [Read more...] about Kazakh Deputy PM’s visit adds fresh impetus to bilateral cooperation

Electric motorbikes manufactured by Vinfast. Many UK businesses are looking into electric mobility industry in Vietnamwhich is expected to grow by double digits in the next few years. (Photo: VNA) Hanoi (VNS/VNA) - Many British investors are seeking investment opportunities in Vietnam in the hope of cashing in on free trade agreements ( FTA s) that Vietnam has signed with the UK and other economies worldwide. The UK-Vietnam Free Trade Agreement (UKVFTA), which officially took effect in May 2021, was one of the first trade deals inked by the UK after it left the European Union by the end of 2020, which reflected the importance of Vietnam in the UK’s trade policy. Bilateral trade and investment between the two economies have grown significantly with a growth rate of 17% last year. Data of the Foreign Investment Agency under the Ministry of Planning and Investment showed as of October 20, 2021, the UK had 439 valid projects amounting to nearly 4 billion USD in registered … [Read more...] about More British investors look at Vietnam to cash in on free trade agreements

Vietjet has begun to sell tickets for flights during the 2023 Lunar New Year holidays at super saving prices. — Photo courtesy of Vietjet Domestic airlines have started offering tickets for Tet (Lunar New Year) holiday with many promotions. Budget airline Vietjet on Tuesday began to sell tickets for flights during the 2023 Lunar New Year holidays at super saving prices. Passengers travelling from the South to the North and the Central region before the Lunar New Year and who are flying from the North and the Central to the South after the Lunar New Year holidays can buy Vietjet tickets from August 16 to enjoy the promotional prices from only VND619,000 (US$26), excluding tax and fees, with the most convenient flight schedules. Super saving tickets for Lunar New Year are available for sale at the website vietjetair.com, Vietjet Air mobile app, Vietjet official agents and booking offices. In particular, passengers can enjoy free payment fees when booking and paying via … [Read more...] about Domestic airlines offer tickets for Tet holiday