Vietnam's top leader arrives in New York for UN General Assembly session
Party chief and State President To Lam, his spouse, and a high-ranking delegation of Vietnan arrived in New York on Saturday afternoon (local time) for the United Nations Summit of the Future, the 79th session of the UN General Assembly (UNGA 79), and working sessions in the U.S.
The United Nations General Assembly is an annual gathering where global leaders meet to discuss the world’s critical issues.
This will be To Lam’s second overseas trip as Vietnam’s highest leader, after a visit to China last month.
The top leader and his entourage were greeted at the airport by Vietnamese Ambassador to the U.S. Nguyen Quoc Dung and his spouse, Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN, and the staff of the embassy.
The trip to the UN is of significance since it continues to demonstrate Vietnam’s contributions to the world’s largest multilateral organization, as well as the country’s proactive and active engagement in the settlement of regional and international issues.
The leader will bring forward important messages in strong support of multilateralism, with the UN playing the central role in promoting global peace, cooperation, and development.
This is an opportunity for Vietnam to once again affirm its foreign policy of independence, self-reliance, multilateralisation and diversification of foreign relations; proactive and active international integration; being a friend, a reliable partner and a responsible member of the international community; and always actively contributing to peace, friendship, cooperation and development in the region and the world.
The working visit to the US coincides with the first anniversary of the Vietnam-U.S comprehensive strategic partnership and their preparations for the celebration of the 30th anniversary of bilateral diplomatic ties in 2025.
This is an important occasion for both sides to look back on the achievements that their new partnership framework has generated and, at the same time, discuss major orientations and measures for sustaining the trend of positive, stable, and substantive development of their relations in many years to come.
Lam is scheduled to hold bilateral meetings with U.S. leaders, attend and deliver remarks at events towards the 30th anniversary, and the first anniversary of the comprehensive strategic partnership, and have other meetings with the participation of US officials, businesspeople, experts, and academics.
According to Reuters, the Vietnamese leader will meet with representatives from several U.S. corporations, including Google and Meta.
After his stay in the U.S., Lam will visit Cuba at the invitation of First Secretary of Cuba's Party Central Committee and President of Cuba Miguel Diaz-Canel Bermudez and his spouse.
The U.S. is now Vietnam’s second-largest trade partner, with trade turnover reaching nearly $111 billion last year.
Vietnam and Cuba established diplomatic relations in December 1960 during the Vietnam War. Cuban leader Fidel Castro visited the liberated zone in South Vietnam in 1973.
Vietnam is helping Cuba ensure food security, sending some 300,000 tons of rice per year to the island state and experts to assist the latter in several agricultural plantation projects.
Some Vietnamese companies are investing in six projects in Cuba, focusing on construction materials, renewable energy, detergent, and diapers.
- Read More
Amkor Technology’s $1.6 bln project in Vietnam needs 2,800 workers
The $1.6 billion project of U.S.-headquartered semiconductor giant Amkor Technology in Vietnam is set to have a labor demand of 2,800 during stable operations, according to a recent project report.
Companies - Mon, December 9, 2024 | 3:30 pm GMT+7
Revenues of LG Electronics’ Vietnam factories up 24% to $6 bln in Jan-Sept
LG Electronics’ factories in Vietnam, LG Innotek Vietnam Hai Phong and LG Electronics Vietnam Hai Phong, recorded a total revenue of KRW8,532 billion ($6.02 billion) in the first nine months of 2024, up 24% year-on-year.
Companies - Mon, December 9, 2024 | 10:55 am GMT+7
Leading Vietnamese insurer Bao Minh lowers profit, dividend targets due to typhoon
Vietnam’s Bao Minh Insurance Corporation has revised its profit and dividend targets for 2024 following the increased compensation costs stemming from super typhoon Yagi, which severely impacted the northern region.
Finance - Mon, December 9, 2024 | 10:29 am GMT+7
Vietnam's rice exports reach a record high
Vietnam’s rice exports achieved a record-breaking $5.3 billion revenue in the first 11 months of the year, up 22.4% year-on-year and 10.8% against the whole 2023.
Economy - Mon, December 9, 2024 | 8:00 am GMT+7
Southernmost Ca Mau province moves to better tap eco-tourism strengths
The Ca Mau World Biosphere Reserve, which includes the Ca Mau National Park, the U Minh Ha National Park, and the coastal protective forests, not only offers substantial economic benefits but also provides a clean environment that can provide many attractive ecological tourism experiences for visitors.
Travel - Sun, December 8, 2024 | 8:16 pm GMT+7
Vietnamese firms face numerous barriers in green transformation
Enterprises require significant capital to invest in machinery and production processes to embrace green transformation, says Nguyen Quoc Anh, chairman of the Ho Chi Minh City Rubber-Plastic Association.
Companies - Sun, December 8, 2024 | 8:06 pm GMT+7
Vietnamese carmaker VinFast starts work on fifth EV plant project
Vietnamese startup automaker VinFast on Sunday kicked off an electric vehicle (EV) plant project in the central province of Ha Tinh - its second in Vietnam and fifth globally.
Industries - Sun, December 8, 2024 | 4:00 pm GMT+7
Vietnam poised to achieve 15% credit growth target: central bank
Vietnam is on track to meet its 2024 credit growth target of 15%, with credit expansion reaching 12.5% as of Saturday, according to Dao Minh Tu, State Bank of Vietnam (SBV) Deputy Governor.
Economy - Sun, December 8, 2024 | 10:42 am GMT+7
Thailand loosens EV production regulations
Thailand’s Board of Investment (BoI) has announced that the government would extend deadlines for electric vehicle (EV) manufacturers to meet domestic production quotas, addressing weak local market demand.
Southeast Asia - Sun, December 8, 2024 | 10:09 am GMT+7
Vietnam's state capital management 'super commission' to cease operation
Vietnam's Commission for the Management of State Capital at Enterprises (CMSC) will end its operations soon and transfer the management of 19 state-owned groups and corporations back to relevant ministries.
Economy - Sun, December 8, 2024 | 9:53 am GMT+7
Vietnam mining firm Nui Phao appoints new general director
Ashley McAleese has been appointed general director of Nui Phao Mining Company, a subsidiary of Masan Group, effective from January 1, 2025.
Companies - Sun, December 8, 2024 | 9:09 am GMT+7
Vietnam stock market may secure upgrade in Sept next year: broker
Vietnam’s stock market could achieve an upgrade to emerging market status as early as September next year, forecast Vietcap Securities.
Finance - Sun, December 8, 2024 | 8:00 am GMT+7
Taiwan’s top rubber firm TSRC to shut down southern Vietnam plant
TSRC, formerly known as Taiwan Synthetic Rubber Corp., will cease all production activities at its compounding materials plant in Vietnam’s southern province of Binh Duong by the end of this year.
Investing - Sat, December 7, 2024 | 10:35 pm GMT+7
Tupperware Vietnam to cease operations on December 31
Tupperware Vietnam has announced that it will officially cease operations by the end of this year and already stopped supplying goods to its dealers.
Companies - Sat, December 7, 2024 | 10:08 pm GMT+7
Vietnam targets GDP growth beyond 10% in 2026-2030: Prime Minister
Vietnam targets a GDP growth of 7% in 2024 and 8% in 2025, in order to prepare for an annual growth beyond 10% in 2026-2030, Prime Minister Pham Minh Chinh said at a monthly cabinet meeting on Saturday.
Economy - Sat, December 7, 2024 | 4:28 pm GMT+7
Vietnam 'best destination' for relocation from China to Southeast Asia: WHA exec
Vietnam is the “best destination” for relocation from China to Southeast Asia amid the “trade war” (between China and the U.S.) starting in 2018, said WHA Corporation CEO and chairperson Jareeporn Jarukornsakul.
Industrial real estate - Sat, December 7, 2024 | 3:13 pm GMT+7