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The Hanoitimes - The two sides consider inter-parliamentary cooperation an important component of the strategic partnership between the two countries. The first Vietnam-Russia inter-parliament meeting has opened up new areas of cooperation that are poised to foster the comprehensive strategic partnership. Vietnam’s National Assembly Chairwoman Nguyen Thi Kim Ngan and Chairman of the State Duma of Russia Vyacheslav V. Volodin. Photo: VNA Vietnam’s National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan and Chairman of the State Duma of Russia Vyacheslav V. Volodin co-chaired the meeting in Moscow last week. “It would be right for us to work more intensively in the economic sphere, developing both foreign economic relations and goods circulation. It is clearly insufficient for the level of our relations. […] For our part, we must do everything to develop cooperation more effectively than today,” the State Duma quoted Viacheslav Volodin. “When we talk about … [Read more...] about First Vietnam-Russia Inter-parliamentary Commission discusses new areas of cooperation

The Hanoitimes - Activities including trade expos are expected to tighten economic ties between the two countries which will celebrate the 70th anniversary of diplomatic ties next year. Two-way trade between Vietnam and Russia is of great potential and Vietnamese authorities will create more favorable conditions for the investment and operations of Russian firms, Vietnamese Deputy Prime Minister Trinh Dinh Dung has said. Vietnam's Deputy Prime Minister Trinh Dinh Dung. Photo: Linh Pham Vietnam and Russia trade will greatly depend on vision and determination from the both sides, especially the business communities, Dung said at the Expo-Russia Vietnam 2019 taking place in Hanoi on November 14-16. Being a member of 13 free trade agreements (FTAs), 12 of which are already effective, Vietnam has been committed to international regulations requiring high standards for goods and trade activities, Dung said, adding that FTAs will encourage foreign companies to … [Read more...] about Room for Vietnam-Russia trade growth remains large: Deputy PM

Strict social distancing measures will be lifted from the northern province of Hai Duong, Vietnam’s COVID-19 epicenter at present, from Wednesday, as the locality will focus on pandemic control while boosting socio-economic development. Secretary of the provincial Party Committee Pham Xuan Thang said at a meeting on Monday that extending the social distancing period would be unnecessary. The province will enter a new state and concentrate on the double goal of fighting COVID-19 and promoting socio-economic development, Thang continued. The COVID-19 situation in Hai Duong has been controlled well during the past 33 days, the official added. From 0:00 on Wednesday, strict social distancing measures under the prime minister’s directive No. 16 will end, and 12 localities in the province will be divided into two groups with suitable pandemic prevention and control regulations. Kim Thanh and Cam Giang Districts, Hai Duong City, and Kinh Mon Town shall implement precautious … [Read more...] about Social distancing lifted from Vietnam’s COVID-19 epicenter

The Hanoitimes - It is vital for Vietnam to further boost the development of private sector and public investment funds, in turn contributing to economic growth and creating the foundation for long-term development. Vietnam would speed up socio-economic recovery to realize the growth target of 6.5% for this year. Prime Minister Nguyen Xuan Phuc at the meeting. Photo: Quang Hieu Prime Minister Nguyen Xuan Phuc stressed the view at a monthly government meeting on March 2, which were attended by government leaders and representatives of ministries and sectors. Among measures to boost growth, the PM stressed the importance of enhancing greater efficiency in global integration to boost exports and attract high quality   foreign direct investment (FDI). “The current situation presents huge opportunity for Vietnam to attract investment capital,” stressed Phuc, adding a favorable investment environment is a must to keep capital inflow from growing. In … [Read more...] about Vietnam to realize 6.5% growth target: PM

The Hanoitimes - The two countries have determined to expand their bilateral ties in the new historical conditions. The Strategic Partnership between the Russia and Vietnam is a natural result of decades-long fruitful collaboration between the two countries, according to a Russian diplomat. The Vietnam-Russia relations upgraded to strategic partnership 20 years ago. Photo: Vietnam Briefing Maria Zakharova made the statement on the occasion of the 20th anniversary of the bilateral strategic partnership, saying that the relations over the past 20 years has achieved impressive results. The declaration of the diplomatic relationship, which was signed in Hanoi on March 1, 2001, materialized the Russian and Vietnamese peoples’ wish to progressively strengthen their intergovernmental relations based on many years of friendship and mutually advantageous cooperation,” Russian Foreign Ministry Spokesperson Maria Zakharova said. She named the milestone is … [Read more...] about Russia-Vietnam strategic partnership: natural result of long-term relations