Xi seeks global tech cooperation after u s blocks huawei

The visit paid by the Singaporean parliament speaker is aimed to realize the agreement reached by the countries’ top leaders during Vietnamese President Nguyen Xuan Phuc’s visit to the neighboring country in February 2022. A memorandum of understanding (MoU) on enhancing relations, exchanges, and cooperation between Vietnam’s National Assembly (NA) and the Parliament of Singapore was signed during the three-day visit to Hanoi paid by Speaker Tan Chuan-Jin, his first official visit to Vietnam beginning on May 18. Chairman of Vietnam's National Assembly Vuong Dinh Hue (R) and Speaker of the Parliament of Singapore Tan Chuan-Jin in Hanoi on May 18. Photos: Quochoi During the visit made at the invitation of Chairman of Vietnam's National Assembly Vuong Dinh Hue, the two legislative bodies also supported the signing of an MoU on cybersecurity, mutual legal assistance, and trans-border crime prevention. They argued that the legislative connection is an extremely … [Read more...] about Vietnam, Singapore parliaments ink agreement to boost cooperation

Vietnam achieved decent growth in the first quarter despite global geopolitical instability. The socioeconomic statistics report for the first quarter of 2022 of the General Statistics Office published on March 29 stated that GDP in the first quarter was estimated to increase by 5.03 per cent over the same period last year. A day before the report, Fitch Ratings forecast that Vietnam’s growth would recover to 6.1 per cent in 2022 and 6.3 per cent in 2023 thanks to increased domestic consumption, exports, and investment inflows. For the nation’s economic progress, the Power Development Plan VIII (PDP8) is the basis to guarantee the stability of Vietnam’s power source system. According to the Ministry of Industry and Trade (MoIT), by the end of 2021, the total installed capacity of renewable energy sources reach around 20,670MW, accounting for 27 per cent of the total installed capacity of the whole system (76,620MW). Finding the spark to ignite energy goals, illustration … [Read more...] about Finding the spark to ignite energy goals

The speech, themed “Sincerity, trust and responsibility for a better world,” focused on how Vietnam sees the world today, the role of sincerity, trust and responsibility in a turbulent world, and what the country needs to do in order to demonstrate sincerity, and bolster trust and responsibility, for a better world. It underlined Vietnam’s willingness to cooperate with the international community to deal with issues that all countries, small or large, rich or poor, have to settle together, while affirming in a world full of turbulence, strategic competition and a great many choices, Vietnam picks no side. “Instead it chooses justice, fairness and goodness, based on the principles of international law and the U.N. Charter. It chooses equality, shared benefits for all, and win-win for all.” Gregory B. Poling, Director of the CSIS’s Southeast Asia Program and Asia Maritime Transparency Initiative, said that the Vietnamese PM’s speech conveyed important and comprehensive messages, and … [Read more...] about U.S. experts laud PM Chinh’s speech at CSIS

Pham Viet Tuan-Associate, Indochine Counsel Many of the negative risks arise because of the complicated Vietnamese land laws, which prevent not only foreign investors but also local developers from developing projects. This article will give some hints on how they could properly tackle issues related to land in property project development through the contribution of land. In the Vietnamese real estate market, it is common for a property developer to have land but not the budget or experience/resources needed to develop the project. In this case, such developers might seek other ways to conduct their business plan. Some solutions may be to secure a loan facility from a bank; to cooperate with other developers who have experience/resources in the project development; or to call for financial aid from funds, and foreign/local investors or to issue bonds in the capital market. Each solution has its pros and cons. From a foreign perspective, project land is essential to project … [Read more...] about Making better decisions in real estate

The trip has contributed to promoting the relations between the Association of Southeast Asian Nations (ASEAN) and the U.S., and between Vietnam and the U.N. and the U.S., while affirming Vietnam’s role and prestige in the international arena. During his week-long stay in the U.S., the PM visited the four cities of Washington D.C, Boston, New York, and San Francisco, with more than 50 activities. He attended and delivered speeches at the summit, and met with ASEAN leaders, including his counterparts from Laos, Cambodia and Singapore, and the Indonesian President. Chinh also had meetings with U.N. Deputy Secretary-General Amina J. Mohammed, UNICEF Executive Director Catherine Russel, President of the U.N. General Assembly Abdulla Shahid and Administrator of the U.N. Development Program (UNDP) Achim Steiner. He met President Joe Biden, and received senior officials of the U.S. government such as Secretary of State Antony Blinken, Secretary of Commerce Gina Raimondo, Secretary of … [Read more...] about Prime Minister Pham Minh Chinh concludes U.S. trip

The United Nations Development Programme (UNDP) last week again warned that the ocean is faced with increasing threats and multiple risks posed by climate change, natural disasters, environmental pollution, over-exploitation of natural resources, and unsustainable economic activities. “Global warming and marine litter are threatening marine resources, including widespread bleaching of coral reefs. Globally, an estimated 8-20 million tonnes of plastic enter the ocean every year. In Vietnam, around 2,000 tonnes of plastic waste leaks from the country into the ocean every day. It is estimated that there will be more plastic than fish in the ocean by 2050,” said Caitlin Wiesen, resident representative in Vietnam of the UNDP. The global ocean economy contributes an estimated $3 trillion per year, or about 5 per cent of the world’s GDP and comprises industries ranging from oil and gas, shipping and ports to renewable energy, fisheries, marine ecosystems and tourism. The value of the … [Read more...] about Blue economy model gathering pace