Vietnam news

This expansion was due mainly to a 4% on-quarter growth in government bonds to US$51 billion as the central bank increased issuance of bills. Vietnam’s bond market registered growth of 3.4% on-quarter and 1.9% on-year to US$55.1 billion as of the end-September, according to the latest edition of the Asian Development Bank’s (ADB) Asia Bond Monitor.  This expansion was due mainly to a 4% on-quarter growth in government bonds to US$51 billion as the State Bank of Vietnam (SBV), the country’s central bank, increased issuance of central bank bills. The overall expansion of the country’s local currency bond market was slightly tempered by a 2.8% contraction on-quarter in the corporate bond market to US$5 billion. Nevertheless, the corporate bond market still posted growth of 4.2% year-on-year.    Yield movement Vietnam’s local currency government bond yield curve shifted downward between August 31 and October 15. Bond yields for … [Read more...] about Vietnam’s bond market grows 1.9% in Jan-Sep, reaching US$55 billion

Defence Minister Gen. Ngo Xuan Lich (Photo: VNA)   Hanoi (VNA) - Senior officials of Vietnam and Russia have discussed contents and measures to further promote bilateral defence cooperation in line with the comprehensive strategic partnership between the two countries. At a reception in Hanoi on November 20 for Vladimir Nikolaevich Drozhzhov, Deputy Director of the Russian Federal Service for Military Technical Cooperation and Chairman of the Russian Sub-committee of the Vietnam-Russia Inter-Government Committee for Military Technical Cooperation, Minister of National Defence Gen. Ngo Xuan Lich spoke highly of the outcomes of the committee’s 21st meeting. Lich affirmed that the Vietnamese army and people always keep in mind and are grateful to the people of the former Soviet Union and current Russian Federation for their wholehearted, valuable and effective support and assistance to Vietnam during its past struggle for national liberation and present cause of national … [Read more...] about Vietnam, Russia step up military technical cooperation

Prime Minister Nguyen Xuan Phuc (R) and US Secretary of Defence Mark Esper (Photo: VNA)   Hanoi (VNA) – Vietnam highly values comprehensive partnership with the US, considering it one of the country’s top important partners, Prime Minister Nguyen Xuan Phuc told visiting US Secretary of Defence Mark Esper during a reception in Hanoi on November 20. The PM spoke highly of the outcomes of the talks between Vietnamese Defence Minister Ngo Xuan Lich the US official, as well as the practical and effective results of bilateral defence ties within the framework of the bilateral comprehensive partnership and agreements by the two countries’ leaders. Affirming that the Vietnamese Government supports bilateral defence ties, he suggested the two defence sectors take measures to effectively realise signed agreements, including the joint statements between the two countries’ leaders. Vietnam will continue fully and effectively partnering with the US in the search … [Read more...] about PM: Vietnam highly values comprehensive partnership with US

Vice President Dang Thi Ngoc Thinh (R) hosts a reception for Andy Kinsella, Chief Executive Officer of Ireland-based Mainstream Renewable Power (Photo: VNA) Hanoi (VNA) – Vice President Dang Thi Ngoc Thinh hosted a reception for Andy Kinsella, Chief Executive Officer of Ireland-based Mainstream Renewable Power, in Hanoi on November 20. The official spoke highly of the Irish company’s investment in Vietnam in the renewable energy industry, which the country has huge demand for and many Irish businesses boast strength in. She highlighted that electricity is among vital demands in Vietnam’s sustainable development orientations, highly valuing the feasibility of Mainstream Renewable Power’s current wind energy project. The Vice President voiced her hope that the company’s project will promptly go into operation. Vietnam’s Phu Cuong Group and the Irish company recently signed a cooperation deal worth 2 billion USD to build and operate a wind farm … [Read more...] about Ireland’s renewable energy developer pledges support for Vietnam

Illustrative image (Photo: Internet)   Hanoi (VNA) – Party General Secretary and President Nguyen Phu Trong has exchanged messages of congratulations with President of Mongolia Khaltmaa Battulga on the occasion of the 65th anniversary of Vietnam – Mongolia diplomatic ties (November 17).  On the occasion, Prime Minister Nguyen Xuan Phuc and his Mongolian counterpart Ukhnaa Khurelsukh; National Assembly Chairwoman Nguyen Thi Kim Ngan and Speaker of the Parliament of Mongolia Gombojav Zandanshatar; Deputy Prime Minister and Foreign Minister Pham Binh Minh and Mongolian Foreign Minister Damdin Tsogtbaatar also exchanged congratulatory messages. Since the establishment of their diplomatic ties, the two countries have been developing bilateral relations in such various fields such as politics, economy, education and culture. Political relations have enjoyed multiple strides with high-level mutual visits maintained. Bilateral trade reached 60 million USD in 2018, … [Read more...] about Vietnam, Mongolia exchange congratulations on diplomatic ties