PM meets with foreign leaders on sidelines of ASEAN-Australia Special Summit
Vietnamese Prime Minister Pham Minh Chinh has met with leaders of member countries of the ASEAN, Timor Leste, Australia and New Zealand, and the ASEAN Secretary-General on the sidelines of the ASEAN-Australia Special Summit in Melbourne, Australia.
At the meetings, the PM conveyed regards from Vietnam's Party General Secretary Nguyen Phu Trong and other key leaders to the foreign leaders and the Association of Southeast Asian Nations (ASEAN) Secretary-General, and thanked them for their cooperation and support for Vietnam in economic recovery and development.
PM Chinh expressed his hope for stronger cooperation in ASEAN’s major pillars as well as enhanced collaboration with other countries, particularly in politics-diplomacy, economy-trade-investment, national defence-security, education-training, and science-technology.
He stressed the need to maintain close cooperation to build a united ASEAN, strengthen intra-bloc collaboration, and carry forward the group's centrality in settling issues regarding regional security and strategy.
The PM used this occasion to propose the foreign leaders to send ministerial-level representatives to the ASEAN Future Forum, slated for April 23 in Hanoi.
Australian PM Anthony Albanese said he looked forward to his Vietnamese counterpart’s visit, as well as the upgrade of the bilateral ties to a new height.
Lao PM Sonexay Siphandone agreed to step up the implementation of agreements reached by high-ranking leaders of Vietnam and Laos, and thanked Vietnam for its assistance to Laos in taking over the ASEAN chairmanship 2024.
Brunei’s King Hassanal Bolkiah consented to promote the exchange of high-level visits, and cooperation in the field of halal, saying he hoped to return to Vietnam soon.
Indonesian President Joko Widodo said the two countries should foster cooperation in rice trade and agriculture, specifically aquaculture, suggested Vietnam encourage its VinFast company to invest in electric vehicles in Indonesia.
Thai PM Srettha Thavisin shared PM Chinh’s view on the need to soon hold a joint cabinet meeting between the two countries, and intensify connectivity between the two economies.
Philippine President Ferdinand Romualdez Marcos Jr. suggested the two countries work closely together in rice variety production, along with climate change response, including the El Nino phenomenon.
Singaporean PM Lee Hsien Loong concurred to push ahead with the construction of Vietnam-Singapore Industrial Parks (VSIP), and strengthen cooperation in digital transformation, green economy, digital economy, and population data building and management.
Malaysian PM Anwar Ibrahim congratulated Vietnam on its rapid development in various spheres, and noted his wish to learn from Vietnam’s experience in foreign direct investment (FDI) attraction, in which, he said, the two countries should coordinate closely.
New Zealand’s PM Christopher Luxon spoke highly of Vietnam's role in ASEAN, and affirmed that New Zealand will cooperate closely with Vietnam and other ASEAN countries in regional issues.
Timor Leste’s PM Xanana Gusmao expressed his wish to pay an official visit Vietnam at an early date, and appreciated Vietnam's support to Timor Leste to officially join ASEAN soon.
ASEAN Secretary-General Kao Kim Hourn affirmed that he and the ASEAN Secretariat will attend the ASEAN Future Forum and suggested that it should will be held annually and become a leading forum to discuss issues related to the future of the bloc.
- Read More
Central Vietnam province plans to build $2.4 bln LNG power plant from 2031
The 4,800-MW Chan May LNG power plant, with an investment of $2.4 billion, can be deployed in 2031-2035, according to Thua Thien Hue authorities.
Energy - Thu, November 21, 2024 | 10:41 pm GMT+7
Indonesia, France step up cooperation in economy, defence
Indonesian President Prabowo Subianto discussed economic and defence cooperation during a bilateral meeting on Tuesday with French President Emmanuel Macron on the sidelines of the G20 Summit in Rio de Janeiro, Brazil, Antara reported.
Southeast Asia - Thu, November 21, 2024 | 10:25 pm GMT+7
Thai economy to maintain upward momentum in 2025
The National Economic and Social Development Council of Thailand (NESDC) expects the Thai economy to sustain its upward momentum in 2025 with a growth of 2.3-3.3% despite growing risks.
Southeast Asia - Thu, November 21, 2024 | 10:24 pm GMT+7
Former parliament chairman Vuong Dinh Hue warned for violations
The Politburo, Vietnam's supreme decision making body, on Wednesday issued warnings to Vuong Dinh Hue, former Chairman of the National Assembly, and Nguyen Van The, former Minister of Transport, for violations while on duties.
Politics - Thu, November 21, 2024 | 10:10 pm GMT+7
Sumitomo insists on building LNG power plant in central Vietnam
Japanese trading house Sumitomo has been pushing for a liquefied natural gas (LNG)-fed power plant investment in Vietnam’s central province of Khanh Hoa.
Energy - Thu, November 21, 2024 | 8:53 pm GMT+7
Vietnam’s Vinhomes fulfils 67% of record buyback plan
Vinhomes, the housing development arm of conglomerate Vingroup, has purchased back 246.98 million shares, meeting 66.75% of the plan and accounting for 5.7% of the outstanding volume.
Finance - Thu, November 21, 2024 | 8:43 pm GMT+7
Vietnam high-speed railway should run beyond Hanoi, HCMC on either side: lawmakers
Vietnam’s mega North-South high-speed railway project should be redesigned and extended beyond Hanoi and Ho Chi Minh City as currently planned, several lawmakers have suggested.
Infrastructure - Thu, November 21, 2024 | 6:11 pm GMT+7
Vietnam-Malaysia relationship upgraded to comprehensive strategic partnership
Vietnam and Malaysia have upgraded their relationship to a comprehensive strategic partnership, the highest level in the former’s diplomatic hierarchy.
Politics - Thu, November 21, 2024 | 5:21 pm GMT+7
Petrovietnam units sign LNG supply deal for trial run of Vietnam’s first LNG power plants
PV Power and PV Gas, two units of state-owned Petrovietnam, have signed an LNG supply deal for trial operation of Nhon Trach 3 and Nhon Trach 4, Vietnam’s first LNG-to-power plants.
Energy - Thu, November 21, 2024 | 4:40 pm GMT+7
Sufficient first phase funds ensured for Vietnam’s new mega airport: transport minister
Minister of Transport Nguyen Van Thang affirmed Wednesday that funding would be secured for building the Long Thanh International Airport, set to become Vietnam’s biggest.
Infrastructure - Thu, November 21, 2024 | 3:53 pm GMT+7
Bamboo Capital wins kudos for transparent reports, good governance
Vietnamese private conglomerate Bamboo Capital Group has been honored as a Top 20 business with the Best Annual Report and the Best AGM Organization at the 2024 Vietnam Listed Company Awards (VLCA).
Bamboo Capital - Thu, November 21, 2024 | 3:37 pm GMT+7
VAFIE to organize workshop on amendments to horse racing, football betting rules
The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) and The Investor will organize a workshop on suggestions to amend the government’s Decree 06 on horse racing, greyhound racing and international football betting services.
Economy - Thu, November 21, 2024 | 2:38 pm GMT+7
Vietnam Politburo okays international, regional financial centers in HCMC, Danang
Vietnam’s highest decision-making body, the Politburo, has greenlighted the establishment of an international financial center in Ho Chi Minh City and a regional financial center in the central city of Danang.
Economy - Thu, November 21, 2024 | 1:50 pm GMT+7
Singapore's Platinum Victory seeks to gain veto at Vietnam’s REE
Singaporean fund Platinum Victory Pte. Ltd. has registered to buy more shares of Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corporation (REE) to achieve the vetoing power in the latter.
Finance - Thu, November 21, 2024 | 11:29 am GMT+7
Posco keen on investing in Vietnam's $2.2 bln LNG power project
South Korea’s steelmaker Posco is eyeing to invest in the $2.2 billion Quynh Lap LNG-fired power plant project in Vietnam’s central province of Nghe An.
Energy - Thu, November 21, 2024 | 10:42 am GMT+7
Vietnam firm Hoa Lam to build $212 mln Aeon Mall in Mekong Delta
The Mekong Delta city of Can Tho has accepted a subsidiary of private multi-sector Hoa Lam Group as the investor of the Aeon Mall Can Tho commerce and service center.
Industries - Thu, November 21, 2024 | 10:31 am GMT+7