return icon Vietnamnet.vn

Political News 8/10

 FM appreciative of Vietnam-Norway cooperation; Vietnam vows to support Laos’ socio-economic development; HCM City readies to broaden cooperation with Vanuatu; Deputy PM Ninh receives London Lord Mayor

FM appreciative of Vietnam-Norway cooperation



{keywords}




Deputy Prime Minister cum Foreign Minister Pham Binh Minh has highlighted the fine Vietnam-Norway friendship and cooperation in politics, diplomacy, and development while urging expanded cooperation in economics, trade, and investment.

Receiving new Norwegian Ambassador to Vietnam Siren Gjerme Eriksen on October 7, FM Minh said he hopes the diplomat and Vietnamese partners will find new cooperation opportunities, encourage Norwegian businesses to invest in Vietnam in the areas of Norway’s potentiality including shipbuilding, navigation, oil and gas, hydro electricity, fishing, and telecommunications.

The Vietnam Ministry of Foreign Affairs and other relevant agencies will create the best possible conditions for the Ambassador to fulfill her mission in Vietnam, Minh said.

For her part, the Norwegian diplomat pledged her best efforts to further boost the Vietnam-Norway relations while confirming that Vietnam is one of Norway’s important partners in Asia which serves as a bridge for it to strengthen ties with Southeast Asian nations.

She applauded the effectiveness of development cooperation projects in Vietnam and affirmed Norway’s continued ODA provision for Vietnam in the coming time, focusing on climate change, forest protection and natural disaster control.

Gjerme Eriksen hailed Vietnam’s active participation in regional and international forums such as the United Nations, ASEAN, ASEM and agreed to accelerate the finalization of th Free Trade Agreement (FTA) negotiations between Vietnam and EU members- Norway, Switzerland, Iceland, Liechtenstein which promise to open up new prospects for broader trade cooperation and investment between the two sides in the future.

Vietnam vows to support Laos’ socio-economic development

Vietnam always gives the highest priority to fostering its special ties with Laos and is willing to share socio-economic development experience with the neighbour. Deputy Prime Minister Nguyen Xuan Phuc made the statement while meeting with his Lao counterpart Bunpon Buttavong in Hanoi on October 7.

Both host and guest noted with pleasure that the two countries’ ministries and localities have coordinated closely to realise the conclusion of the 36th meeting of the Inter-Governmental Committee and prepare for the 37th session.

They also lauded new progress in bilateral partnership, especially in economy, trade and investment.

Bunpon Buttavong thanked the Party, State and people of Vietnam for their practical and effective support over the past years, pledging every effort to bolster the Laos-Vietnam relations.

He also expressed hope that the two countries will exchange their experience in socio-economic management and development more frequently, while directing ministries, localities and enterprises to work closer together to implement reached agreements effectively.

The same day, the Lao Deputy PM had a meeting with State Bank of Vietnam Governor Nguyen Van Binh who shared his experience in handling issues related to inflation control, currency market stabilisation, banking restructuring and equitisation, and bad debt settlement.

Bunpon Buttavong spoke highly of the role that Vietnamese enterprises as well as the Association of Vietnamese Investors in Laos (AVIL) and the Bank for Investment and Development of Vietnam (BIDV) play in the economic development of Laos.

According to Tran Bac Ha, Chairman of BIDV Board of Directors and AVIL Chairman, trade between Vietnam and Laos reached US$939 million in the first nine months of this year, a 45% rise year-on-year.

Of the total, Vietnam’s export was US$298 million  mostly from iron and steel, fuel, transport vehicles and accessories.

Meanwhile, statistics from the Ministry of Planning and Investment, Vietnam has 413 valid projects in Laos with a total investment of about US$ 5 billion, ranking second among countries and territories investing to Laos after China.

HCM City readies to broaden cooperation with Vanuatu

Ho Chi Minh City is desirous of expanding cooperation with other countries around the globe, including Vanuatu, Chairman of the municipal People’s Committee Le Hoang Quan said at a reception for Vanuatu Prime Minister Joe Natuman on October 7.

Ho  Chi Minh City will share experience and work with Vanuatu on areas of common interest, especially in agriculture, aqua farming and swallow breeding, Quan told his guest, noting that both nations have enjoyed a flourishing relationship over the past two decades. They have also offered each other support at bilateral and multilateral forums.

Joe Natuman expressed his admiration about the dynamic development of Ho Chi Minh City as well as the important role it plays in the country’s development.

Apart from cooperation under the framework of French speaking countries, the recent signing of a Memorandum of Understanding on technical and development partnership will open up a new prospect for the two countries to step up their relations in agriculture and health care, he stressed.

He said he hopes trade and investment cooperation between HCM City and Vanuatu will thrive in the future.

Deputy PM Ninh receives London Lord Mayor

Deputy Prime Minister Vu Van Ninh on October 7 received Lord Mayor of London Alderman Fiona Woolf on a working visit to Vietnam.

At the meeting, Deputy PM Ninh told the UK guest that he is happy to see the Vietnam-UK relationship developing well since the two countries elevated their relations to a strategic partnership as a result of expanded cooperation in various realms.

Ninh praised the UK Government’s continued cooperation with Vietnam and its provision of ODA and other preferential loans for the country.

“It is essential for the two sides to increase banking cooperation as Vietnam is now in high demand for investment in infrastructure, the industrial sector, and improvements in people's lives.” Ninh noted

He expressed his hope UK investors will continue to boost cooperation with Vietnam, adding that the Government of Vietnam will facilitate UK investments in the Southeast Asian nation.

Fiona Woolf, in turn, briefed her host on the working session between the London Financial Center and the Vietnam Ministry of Finance on access to capital and financial services to further strengthen trade and investment cooperation between Vietnam and the UK and opportunities for British investors to engage in public-private partnership (PPP) projects in Vietnam.

She also spoke glowing of the efforts by the Vietnamese Government and the banking sector in maintaining economic stability and control inflation while stating that there are many UK businesses keen to invest in the Vietnamese market to expand cooperation areas of mutual concern.

National Assembly strives to help citizens

National Assembly deputies said yesterday that the assembly should create better laws and regulations relating to citizen's rights, adding that it should aim to minimise complaints and denunciations.

At the 32nd session of the NA's Standing Committee, deputies agreed that remarkable results had been made in activities relating to the settling of citizen's complaints and denunciations in 2014.

Deputies said that this followed close collaboration by ministries and sectors from central to local levels in settling complaints.

According to a Government report on the issue, the number of citizens visiting the Government's administration offices to complain or denounce people had fallen by 1.8 per cent compared to the previous year. However, the number of group complaints and denunciations increased by 12.1 per cent.

Government Chief Inspector Huynh Phong Tranh said that complaints and denunciations were caused by many shortcomings in the country's laws and regulations.

Tranh said that complaints and denunciations mainly focused on the area of land management and use due to shortcomings in current law and regulations, State direction and management.

He added that staff who handled complaints and denunciations were in short supply in many localities. Public awareness on obeying laws and regulations was also limited, adding to the rate of wrong complaints and denunciations.

The chairman of the NA's Nationalities Council, Ksor Phuoc, and Law Committee chairman Phan Trung Ly said that the increasing number of group complaints and denunciations showed weakness in being able to settle them.

Ly said that citizen complaints and denunciations should be handled at local levels to minimise bigger and prolonged cases.

"More effort should be made to handle prolonged complaints," said Ly.

Deputy Do Van Duong from HCM City suggested that the NA should promulgate a resolution on settling citizens' complaints and denunciations.

ASEAN, China sign agreement on disaster management

The Association of Southeast Asian Nations (ASEAN) and China signed a Memorandum of Understanding (MoU) on Disaster Management Co-operation in Jakarta on October 6.

Under the MoU, China will provide RMB50 million (US$8 million) to support the implementation of the ASEAN Agreement on Disaster Management and Emergency Response (AADMER) Work Programme, the operation of the ASEAN Co-ordinating Centre for Humanitarian Assistance on disaster management (AHA Centre), and the ASEAN Secretariat’s capacity building programmes on disaster management, according to the ASEAN Secretariat’s press release.

ASEAN Secretary-General Le Luong Minh hailed the signing of the MoU as a milestone in the developing partnership with China in the area of disaster management.

Underscoring the importance of working together, Minh said “the signing of the Memorandum of Understanding is the initial step in strengthening the partnership between China and ASEAN. The tasks ahead would require further dialogue and interaction to fully implement the MOU.”

Yan Xiuping, Ambassador of China to ASEAN, stated that “it is the first time that China provides grant to ASEAN through multilateral mechanism.”

Through this grant, China hopes to help countries affected by disasters, she added.


VOV/VNS/VNA

MORE NEWS

IPP Air Cargo approval procedure suspended at investor's request

The Transport Ministry has informed to the Prime Minister of a suspension of the approval procedure for the IPP Air Cargo JSC at the request of the carrier’s investor.

Borussia Dortmund touches down in Vietnam

Renowned midfielder Marco Reus and a delegation made up of 123 players and staff from leading German side Borussia Dortmund landed at Noi Bai International Airport on November 29.

National Assembly Chairman begins official visit to Australia

National Assembly Chairman Vuong Dinh Hue and the Vietnamese NA's delegation arrived in Canberra on November 29 evening (local time), starting an official visit to Australia from November 30 - December 3.

VIETNAM NEWS HEADLINES NOVEMBER 29

International Circus Festival to open in December

VIETNAM BUSINESS NEWS NOVEMBER 29

EVN's losses estimated at VND31.3 trillion in 2022

Co la, the food tray that demonstrates Muong ethnic culture in Hoa Binh

For Muong ethnic people, especially those living in Hoa Binh Province, cỗ lá (literally means a food tray displaying several dishes) is more than just a popular food.

Experts call for Hanoi to become a 'creative city'

Cultural industry development is a new issue, and Hanoi does not have much experience promoting its potential advantages.

Apple jumps to second highest seller of smartphones in Vietnam for first time

iPhone accounted for 20.5 percent of market share in Vietnam in October 2022, according to GfK.

Credit concerns affecting Vietnamese stocks should ease soon: VinaCapital

The demand for new housing units in Vietnam is still strong and prices are still affordable, and so the prices of real estate stocks are likely to recover if and when the Government takes action to ease credit conditions.

Fuel prices soar, EVN faces huge losses

Due to the global rise of coal, oil and gas prices, EVN’s electricity production costs and purchase costs have increased sharply. The group may incur losses of up to VND64.8 trillion in 2022.

Banks gain big profits from forex trading

Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar, Q3 2022 financial statements showed.

National Sports Games to take part in December

The 2022 National Sports Games (NSG) will be held in Quang Ninh Province from December 9-21.

Vietnam lures over $25 billion in foreign investment in 11 months

Despite a decline of 18 per cent in newly registered capital to $11.5 billion, foreign capital disbursement saw a positive increase of 15 per cent to reach $19.68 billion in the January - November period.

India - new market for VN tourism

According to the World Tourism Organization, Indians spent $22.9 billion traveling abroad in 2019 and the figure was estimated to reach $42 billion by 2024, $45 billion by 2025 and about $91 billion by 2030.

Without career guidance, students drop out in first, second academic years

Without appropriate career guidance when choosing a major in a university, many students have studied the wrong majors so and dropped out after the first year because they chose an unsuitable study program.
back_to_top