President Tran Dai Quang (R) and his Egyptian counterpart Abdel Fattah el-Sisi during the latter's State visit to Vietnam in September 2017 (Photo: VNA) Hanoi (VNA) – Delegation exchanges at the highest level between Vietnam and Egypt will create a solid foundation for bilateral cooperation to develop, said Vietnamese Ambassador to the African nation Do Hoang Long. He made the remark in an interview with Vietnam News Agency ahead of a trip to Egypt from August 25 to 29 by President Tran Dai Quang. This will be the first State visit by a Vietnamese head of State to Egypt since the countries set up diplomatic ties in 1963. Ambassador Long underlined the importance of this tour as it is not only a reciprocal visit after Egyptian President Abdel Fattah el-Sisi came to Vietnam in September 2017 but will also reiterate the commitments both sides made last year and strengthen bilateral connections in all aspects such as politics, economy, trade, investment, culture and … [Read more...] about High level visits to shape basis for stronger Vietnam-Egypt ties
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PM hopes for stronger Vietnam-US ties
Prime Minister Nguyen Xuan Phuc (R) and US Secretary of State Mike Pompeo (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc affirmed that Vietnam attaches importance to its relations with the US at a reception for US Secretary of State Mike Pompeo in Hanoi on July 9. Vietnam wants the bilateral ties to continue developing practically and effectively, contributing to peace, stability, cooperation, and development in the region and the world at large, he said. The US top diplomat, now making his first visit to Vietnam, confirmed that his country treasures its comprehensive partnership with Vietnam, vowed to continue efforts to foster the relationship in the time to come, and conveyed warm regard from his President Donald Trump to PM Phuc. Both host and guest noted with pleasure the development of bilateral ties in all realms, including politics-diplomacy, economy-trade, security-defence, and settlement of post-war consequences. They agreed to give priority … [Read more...] about PM hopes for stronger Vietnam-US ties
Ambassador expects stronger Vietnam-Bulgaria relations
Deputy Prime Minister and Foreign Minister Pham Binh Minh is paying an official visit to Bulgaria from July 3 to 5 (Photo: VNA) Hanoi (VNA) – Vietnamese Ambassador to Bulgaria Nguyen Thi Hong Oanh has voiced expectations for stronger ties with Bulgaria ahead of an official visit to the European nation by Deputy Prime Minister and Foreign Minister Pham Binh Minh. Ambassador Oanh said the trip from July 3 to 5, made at the invitation of Bulgarian Deputy PM and Foreign Minister Ekaterina Zaharieva, is the first official visit by a Vietnamese diplomatic leader to Bulgaria since political changes in the country in 1989. The visit comes at a time of cooperation developing in all spheres. Notably, since 2013, leaders of the countries have affirmed that they will promote bilateral relations towards a strategic partnership. She said the visit is a chance for the two sides to strengthen traditional connections, discuss ways to bring bilateral ties to a new level and share views on … [Read more...] about Ambassador expects stronger Vietnam-Bulgaria relations
President voices support for stronger Vietnam-India defence ties
President Tran Dai Quang (right) and Indian Defence Minister Nirmala Sitharaman (Source: VNA) At a reception in Hanoi on June 13th for Indian Defence Minister Nirmala Sitharaman, President Quang urged leaders of the two ministries to actively instruct competent agencies to comprehensively and effectively implement defence cooperation contents, including delegation exchange and collaboration in personnel training, defence industry, information-technology, strategic research and UN peacekeeping operations. The partnership would help maintain peace and development in each country and the region as well, he said, asking the ministries to continue their mutual consultation mechanisms at regional and international forums. Noting with pleasure the enhancement and comprehensive development of the Vietnam-India comprehensive strategic partnership, President Quang stressed that Vietnam backs the Indian Government’s “Act East” policy. The Vietnamese State, people and army … [Read more...] about President voices support for stronger Vietnam-India defence ties
NA leader expects stronger Vietnam-Netherlands relations
NA chairwoman Nguyễn Thị Kim Ngân (middle, right) holds talk with President of the Senate of the Netherlands Ankie Broekers-Knol in The Hague yesterday.Viet Nam News THE HAGUE - Chairwoman of the National Assembly Nguyễn Thị Kim Ngân said she expects that her ongoing official visit to the Netherlands will further deepen the friendship and co-operation between Việt Nam and the European country, and in particular with the Dutch parliament. During her talks with President of the Senate of the Netherlands Ankie Broekers-Knol in The Hague yesterday, Chairwoman Ngân expressed her hope that the visit would open up new co-operation prospects in relations between Việt Nam, the Association of Southeast Asian Nations (ASEAN) and the European Union (EU), especially as Việt Nam and the Netherlands celebrate the 45th anniversary of establishing diplomatic ties. The current visit by NA Chairwoman Ngân has created an … [Read more...] about NA leader expects stronger Vietnam-Netherlands relations
Vietnam NA does its best for stronger Vietnam-Bulgaria ties
Ngan had a meeting with her Bulgarian counterpart Tsveta Karayancheva on March 25 in Geneva, Switzerland on the sidelines of the 138th Inter-Parliamentary Union Assembly. NA Chairwoman Nguyen Thi Kim Ngan (L) and her Bulgarian counterpart Tsveta Karayancheva The Vietnamese top legislator noted that Vietnam and Bulgaria have shared sound long-standing traditional friendship, stressing that Vietnamese people always keep in their mind the effective support that Bulgarian people have given to Vietnam in the past struggle for liberation as well as current national construction. She highlighted progress in bilateral ties over the past years, especially in politics and diplomacy, expressing her hope that the two sides will continue increasing the exchange of high-level delegations of sectors, localities as well as parliament agencies to seek specific measures to boost bilateral partnership in all fields. She noted that although two-way trade reached nearly 110 million USD in … [Read more...] about Vietnam NA does its best for stronger Vietnam-Bulgaria ties
Vietnam, US veterans get together in Hanoi
The conference was attended by a delegation from the US Veterans for Peace (VFP), led by its Vice President Chuck Searcy. Sharing a common expectation of stronger Vietnam – US relations, participants said they will continue their joint work in humanitarian aid, war aftermath alleviation, and other cooperative programmes. Speaking at the conference, VUS President Nguyen Tam Chien welcomed the VFP delegation’s visit to Vietnam, hoping it will help them gain better understanding on the country’s current growth. He said the conference aims at boosting mutual understanding and exchanges between Vietnamese and US veterans in contribution to the two nations’ ties in the coming time. Praising strong development Vietnam has achieved, Chuck Searcy said US veterans have taken part in a several programmes to foster Vietnam – US friendship and urged the US Government, people and non-governmental organisations to join Vietnam’s efforts to alleviate war … [Read more...] about Vietnam, US veterans get together in Hanoi
WB: Vietnam’s medium-term growth projected at 6.5% this year
“With incomes rising and poverty falling, Vietnam’s economy had another good year of strong growth and broad macroeconomic stability,” said Ousmane Dione, the World Bank’s Director for Vietnam. Low inflation and rising real wages sustained buoyant domestic demand and private consumption, while the stronger global economy helped Vietnam’s export-oriented manufacturing and agricultural sectors. Job growth continued, with 1.6 million new jobs added in the manufacturing sector over the past three years, and 700,000 additional jobs in the construction, retail, and hospitality sectors, leading to higher aggregate labor productivity. Labor demand also contributed to rapid wage growth, with wages increasing by 5% cumulatively between 2014 and 2016. Despite progress in resolving non-performing loans, risks remain, including the lack of robust capital buffers in some banks, especially amidst rapid credit growth. Sebastian Eckardt, the World Bank’s … [Read more...] about WB: Vietnam’s medium-term growth projected at 6.5% this year
World Bank raises Vietnam’s growth forecast to 6.7% for 2017
This means that Vietnam is expected to meet the growth target aimed for by the government, which many experts had earlier written off as an elusive goal given the weaker-than-expected growth in the first half of 2017.But stronger domestic demand, robust export-oriented manufacturing, and a gradual recovery of the agricultural sector are driving the Vietnamese economy, which expanded by 6.4% in the first nine months of the year.The World Bank said in a Taking Stock report released on December 11 that domestic demand remained buoyant, fuelled by a low inflation rate and rising real wages, while global demand recovery helped Vietnam’s manufacturing and agricultural sectors.According to the General Statistics Office (GSO), Vietnam’s economy strengthened in the third quarter, growing by 7.46% from the same quarter last year, thanks to a strong performance in the manufacturing of electronic and steel products.Samsung Vietnam ramped up their production of high-end gadgets in the … [Read more...] about World Bank raises Vietnam’s growth forecast to 6.7% for 2017
World Bank raises Vietnam’s growth forecast for 2017
The World Bank (WB) has increased its growth forecast for Vietnam this year from the 6.3 percent it projected in October to 6.7 percent, matching the government's annual target following steady progress during the first nine months. Stronger domestic demand, robust export-oriented manufacturing and a gradual recovery of the agricultural sector are driving Vietnam’s economy, according to Taking Stock, the World Bank’s bi-annual economic report released on Monday. The manufacturing and services sectors respectively grew by 12.8 percent and 7.3 percent between January and September, the report said. “Growth momentum picked up across major economies and global trade recovered in 2017,” said Ousmane Dione, World Bank Country Director for Vietnam. “With incomes rising and poverty falling, Vietnam’s economy had another good year of strong growth and broad macroeconomic stability.” Vietnam expects economic growth of 6.5-6.7 percent next year, and … [Read more...] about World Bank raises Vietnam’s growth forecast for 2017