Prime Minister leaves Hanoi, starting official visit to Cambodia
Prime Minister Pham Minh Chinh left Hanoi Tuesday morning for Cambodia, starting an official visit to the neighbouring country from November 8-9 and to attend the 40th and 41st ASEAN Summits and related events from November 10-13.
The visit and participation at the ASEAN summits are at the invitation of his Cambodian counterpart Samdech Techo Hun Sen, the ASEAN 2022 Chair.
Standing Deputy Minister of Foreign Affairs Nguyen Minh Vu told local media that this is the first official visit to Cambodia by Chinh in his role as Prime Minister, and it holds great significance in various aspects.
The visit takes place during the Vietnam-Cambodia Friendship Year 2022, in celebration of the 55th anniversary of the establishment of bilateral diplomatic ties, and marks the official resumption of comprehensive cooperation following the Covid-19 pandemic, especially in economics, trade and tourism.
In addition, as this year Cambodia is the host of ASEAN conferences and those between ASEAN and its partners, and Vietnam is assuming several important multilateral posts, the visit offers an opportunity for the two leaders to exchange views and stances on regional and international issues and support each other at multilateral forums, stated Vu.
He said cooperation in economics, trade and investment, and border, security and defence collaboration, will be further stepped up thanks to the visit.
One of the highlights of PM Chinh's trip will be the Vietnam-Cambodia trade and investment promotion forum, during which the two leaders are scheduled to deliver speeches, showing the two governments' special attention to the business communities and their determination to make economics-trade-investment a pillar in the bilateral relations.
Regarding defence-security-border cooperation, the two sides are expected to discuss measures to prevent and fight crime, and solutions to Vietnamese citizens being forced to work illegally in entertainment business establishments in Cambodia.
They will work to raise the legal status and create favourable conditions for Vietnamese people in Cambodia to do business and live stably and conveniently; and closely coordinate in border management and protection, promote demarcation and border marker planting to build a border of peace, stability, cooperation and sustainable development between the two countries.
On Vietnam's role and position in ASEAN, as well as its contributions to community building, Vu noted that Vietnam has been proactive in promoting and making significant contributions to shaping ASEAN's major decisions and always works as one of the leading countries in promoting efforts and solutions to affirm ASEAN's responsibility and contributions to the common issues of the world and the region.
Moreover, he said many cooperation initiatives raised by Vietnam had gained international applause, taking practical and urgent solutions to help the ASEAN Community overcome the pandemic as examples.
With a balanced and harmonious approach, Vietnam has always been seen as playing the role of a "bridge", helping narrow differences and increase similarities between ASEAN countries and between the bloc and its partners, added Vu.
Regarding the 40th and 41st ASEAN Summits and related summits, the official believes they will affirm the bloc's important contributions to peace, stability and prosperity in the region and the world.
- Read More
Germany energy firm wpd plans $180 mln wind power project in central Vietnam
Germany’s energy company wpd plans to invest VND4,600 billion ($181.62 million) in building a 143 MW wind power plant in Vietnam’s central coastal province of Binh Dinh.
Energy - Fri, January 17, 2025 | 10:21 pm GMT+7
BRICS – new key export market of Indonesia
Indonesia’s non-oil and gas exports to the five major BRICS nations reached $84.37 billion in 2024, accounting for nearly 34% of the country’s total non-oil and gas export value, according to the country’s Central Statistics Agency (BPS).
Southeast Asia - Fri, January 17, 2025 | 9:54 pm GMT+7
Vietnam refinery operator BSR hits $2.6 bln valuation in bourse debut
Binh Son Refining and Petrochemical JSC, the operator of Vietnam’s first oil refinery Dung Quat, officially listed over 3.1 billion BSR shares on the Ho Chi Minh Stock Exchange (HoSE) on Friday, marking a rare "blockbuster" debut on the major bourse in recent years.
Companies - Fri, January 17, 2025 | 6:59 pm GMT+7
Two remaining weak Vietnamese banks transferred to VPBank, HDBank
The State Bank of Vietnam, the country's central bank, on Friday announced the mandatory transfers of two "weak" private banks under its special control, GPBank and DongA Bank, to VPBank and HDBank respectively.
Banking - Fri, January 17, 2025 | 4:32 pm GMT+7
DPPA not applied to non-manufacturing consumers, Vietnam ministry insists
Vietnam’s Ministry of Industry and Trade does not plan to extend the direct power purchase agreement (DPPA) mechanism to non-manufacturing consumers using the national grid.
Energy - Fri, January 17, 2025 | 3:50 pm GMT+7
Two foreign giants eye luxury marina, resort projects in central Vietnam
Swiss investment fund Finance Suisse and the world’s leading superyacht builder Palmer Johnson are looking for opportunities to invest in a super-luxury marina and a resort in the south-central Vietnam province of Binh Dinh.
Industries - Fri, January 17, 2025 | 3:18 pm GMT+7
Int’l investment funds interested in Danang’s financial center: city leader
International investors and financial investment funds from the U.S., Singapore, the Middle East, and Switzerland are highly interested in developing a financial center in Danang, says Ho Ky Minh, the central city’s Vice Chairman.
Economy - Fri, January 17, 2025 | 12:49 pm GMT+7
Samsung’s ex-HR head Na Ki-hong to lead Samsung Vietnam from next month
Na Ki-hong, deputy CEO of Samsung Vietnam and former human resources head at Samsung Electronics, will succeed Choi Joo Ho as CEO of Samsung Vietnam from February.
Companies - Fri, January 17, 2025 | 12:41 pm GMT+7
Vietnam, Poland agree to consider elevating relations to strategic partnership
Vietnamese Prime Minister Pham Minh Chinh and his Polish counterpart Donald Tusk have agreed that the two sides should consider upgrading relations to a strategic partnership soon, on the basis of high political trust and positive results of the 75-year traditional friendship.
Politics - Fri, January 17, 2025 | 10:59 am GMT+7
Japan’s Erex to operate wood pellet plant in northern Vietnam next month
Japan's renewable energy firm Erex is conducting trial production at its wood pellet plant in Vietnam’s northern mountainous province of Tuyen Quang and will put it into official operation in February.
Energy - Fri, January 17, 2025 | 10:54 am GMT+7
AI can’t compete with human in curiosity, creativity, emotional intelligence: FPT exec
AI lacks curiosity, creativity, and emotional intelligence - the qualities that humans must prioritize to maintain their competitive edge, says Hoang Nam Tien, former chairman of FPT Software and FPT Telecom under Vietnam's leading tech corporation FPT.
Companies - Fri, January 17, 2025 | 9:41 am GMT+7
HCMC’s Can Gio port project gets in-principle approval
Vietnamese Prime Minister Pham Minh Chinh has granted in-principle approval to the Can Gio International Transshipment Port project in Ho Chi Minh City, with investment capital exceeding VND50 trillion ($1.97 billion).
Infrastructure - Fri, January 17, 2025 | 8:17 am GMT+7
Vietnam's Big 4 lender Vietcombank to issue nearly 2.8 bln shares for dividend payment
Vietcombank will expand its chartered capital from VND55,891 billion to VND83,557 billion ($3.29 billion) via an issuance of shares to pay dividends, becoming the largest bank in Vietnam by chartered capital.
Banking - Thu, January 16, 2025 | 7:58 pm GMT+7
Indonesia exports $1.5 million worth of steel to New Zealand
Indonesian Trade Minister Budi Santoso on Wednesday sent off export consignments of welded beam steel, measuring 1,200 metric tons and valued at $1.5 million, to New Zealand, reported national news agency Antara.
Southeast Asia - Thu, January 16, 2025 | 7:17 pm GMT+7
Vietnam to build Ninh Thuan nuclear power plant within 5 years
Vietnam strives to complete building its Ninh Thuan nuclear power plant in five years (by 2030), towards the 100th anniversary of the Communist Party of Vietnam (1930-2030).
Energy - Thu, January 16, 2025 | 5:06 pm GMT+7
Malaysia, UK discuss elevating relations to strategic partnership
Malaysian Prime Minister Datuk Seri Anwar Ibrahim and his UK counterpart Keir Starmer discussed the elevation of bilateral relations to a strategic partnership during their talk in London on Wednesday.
Southeast Asia - Thu, January 16, 2025 | 3:30 pm GMT+7