Gov’t pledges to create favorable conditions for Malaysian investors

The two sides agreed to increase delegation exchanges and strengthen bilateral cooperation on all channels and in various fields and highlighted the importance of accelerating trade and investment promotion activities. They encouraged the Vietnam Oil and Gas Group and Malaysia’s Petronas to seek mutual cooperation and cooperation with the third party. They consented to step up cooperation in security and national defense, soon negotiate and sign cooperation agreements on combating human trafficking, extradition, and hand over of prisoners to fine-tune legal frameworks in combating crimes.  The two countries will support each other at regional and international forums, promote ASEAN’s solidarity and central role in the regional security architecture, and increase consultation for peace, security, stability, safety and freedom of navigation and overflight in the East Sea. They called on involved parties to practice restraint, not to use or threaten to use force, respect legal and diplomatic process, settle disputes on the basis of international law including the 1982 UN Convention on the Law of the Sea (UNCLOS) and soon finalize the Code of Conduct in the East Sea (COC). Malaysian Foreign Minister Anifah Aman began is on an official visit to Vietnam at the invitation of Deputy Prime Minister and Foreign Minister Pham Binh Minh. The sixth Vietnam-Malaysia Joint Committee for Economic, Scientific and Technological Cooperation is set to be held in Malaysia in 2019. The same day, Prime Minister Nguyen Xuan Phuc received Minister Anifah Aman at the Government Office.... [read more]

NDO/VNA – Prime Minister Nguyen Xuan Phuc expressed his delight at the growing relations between Vietnam and Malaysia during a reception for visiting Malaysian Foreign Minister Anifah Aman in Hanoi on July 27. >>> Vietnam, Malaysia hold 5th meeting of joint cooperation committee The PM hailed the outcomes of the fifth meeting of the Vietnam-Malaysia Joint Committee for Economic, Scientific, and Technological Cooperation, as the two sides reviewed the cooperation in politics, trade, investment, national defence-security, agro-forestry and discussed measures for existing issues, and promotion of multi-dimensional cooperation. The meeting was co-chaired by the Malaysian Foreign Minister and Vietnamese Deputy PM cum Foreign Minister Pham Binh Minh. Malaysia is the seventh biggest trade partner and investor of Vietnam, having a trade value with Vietnam worth US$8.4 billion in 2016 and a total investment of US$12 billion as of May, 2017, PM Phuc said. He, however, noted that these figures have yet to match with the two nations’ cooperation potential. He urged the two sides to join hands in conducting activities to mark the 45th anniversary of diplomatic ties in 2018, soon start negotiations and signing of cooperation agreements on anti-human trafficking, extradition, transfer of sentenced persons, search and rescue at sea, and boost labour and tourism links and people-to people exchange. Vietnam has created all favourable conditions for Malaysian investors in Vietnam, he reiterated. Welcoming Malaysia’s stance on the East Sea issues, PM Phuc underscored the spirit of building the East Sea a region of…... [read more]

NDO/VNA – Prime Minister Nguyen Xuan Phuc expressed his delight at the growing relations between Vietnam and Malaysia during a reception for visiting Malaysian Foreign Minister Anifah Aman in Hanoi on July 27. >>> Vietnam, Malaysia hold 5th meeting of joint cooperation committee The PM hailed the outcomes of the fifth meeting of the Vietnam-Malaysia Joint Committee for Economic, Scientific, and Technological Cooperation, as the two sides reviewed the cooperation in politics, trade, investment, national defence-security, agro-forestry and discussed measures for existing issues, and promotion of multi-dimensional cooperation. The meeting was co-chaired by the Malaysian Foreign Minister and Vietnamese Deputy PM cum Foreign Minister Pham Binh Minh. Malaysia is the seventh biggest trade partner and investor of Vietnam, having a trade value with Vietnam worth US$8.4 billion in 2016 and a total investment of US$12 billion as of May, 2017, PM Phuc said. He, however, noted that these figures have yet to match with the two nations’ cooperation potential. He urged the two sides to join hands in conducting activities to mark the 45th anniversary of diplomatic ties in 2018, soon start negotiations and signing of cooperation agreements on anti-human trafficking, extradition, transfer of sentenced persons, search and rescue at sea, and boost labour and tourism links and people-to people exchange. Vietnam has created all favourable conditions for Malaysian investors in Vietnam, he reiterated. Welcoming Malaysia’s stance on the East Sea issues, PM Phuc underscored the spirit of building the East Sea a region of…... [read more]

NDO/VNA – The fifth meeting of the Vietnam-Malaysia Joint Committee for Economic, Scientific and Technological Cooperation, in Hanoi on July 27, has decided on a range of measures necessary to increase bilateral and multilateral collaboration. Under the co-chair of Vietnam’s Deputy Prime Minister and Foreign Minister Pham Binh Minh and Malaysia’s Minister of Foreign Affairs Anifah Aman, the two sides stressed that they attach great importance to each other’s role and position within the region and share a common vision on intra-bloc and inter-regional cooperation. The two sides affirmed they will continue to work together to build a stronger ASEAN Community with solidarity and to maintain peace, stability, security and development in the region. Regarding political cooperation, Vietnam and Malaysia agreed to increase mutual visits across all levels between their Parties, Governments, States and parliaments, as well as promote people-to-people exchanges. The two sides will research how to expand the cooperation between the two ruling parties and coordinate to make preparations for the State visit to Malaysia by Vietnamese Party General Secretary Nguyen Phu Trong in 2018 and organise activities to celebrate the 45th anniversary of diplomatic ties next year. The two sides particularly highlighted their economic cooperation as a bright point in their bilateral relationship. Malaysia is currently the seventh largest trade partner and investor of Vietnam, with two-way trade reaching US$8.4 billion in 2016. Malaysian investment in Vietnam amounted to US$12 billion as of the end of May this year. They concurred…... [read more]

NDO/VNA – The fifth meeting of the Vietnam-Malaysia Joint Committee for Economic, Scientific and Technological Cooperation, in Hanoi on July 27, has decided on a range of measures necessary to increase bilateral and multilateral collaboration. Under the co-chair of Vietnam’s Deputy Prime Minister and Foreign Minister Pham Binh Minh and Malaysia’s Minister of Foreign Affairs Anifah Aman, the two sides stressed that they attach great importance to each other’s role and position within the region and share a common vision on intra-bloc and inter-regional cooperation. The two sides affirmed they will continue to work together to build a stronger ASEAN Community with solidarity and to maintain peace, stability, security and development in the region. Regarding political cooperation, Vietnam and Malaysia agreed to increase mutual visits across all levels between their Parties, Governments, States and parliaments, as well as promote people-to-people exchanges. The two sides will research how to expand the cooperation between the two ruling parties and coordinate to make preparations for the State visit to Malaysia by Vietnamese Party General Secretary Nguyen Phu Trong in 2018 and organise activities to celebrate the 45th anniversary of diplomatic ties next year. The two sides particularly highlighted their economic cooperation as a bright point in their bilateral relationship. Malaysia is currently the seventh largest trade partner and investor of Vietnam, with two-way trade reaching US$8.4 billion in 2016. Malaysian investment in Vietnam amounted to US$12 billion as of the end of May this year. They concurred…... [read more]

The signing marked a milestone in sci-technology studies in fields of common interest, including hi-tech agriculture, aquaculture and processing, material technology, health science and renewable energies. Vietnam pays due attention to cooperation in science and technology and start-ups.  The MoU aims to support joint projects, organise events and meetings on science and technology, exchange information, delegations and experience and encourage cooperation among universities between the two nations. At the signing ceremony, Israeli Minister of Science and Technology Ofir Akunis called the move the beginning of a new era between the two nations’ science and technology sectors. Israel wants to cooperate with other nations, including Vietnam, in science and technology development, Akunis said, adding that the Vietnam – Israel Joint Committee on Economics, Science and Technology will decide the cooperation details. He expressed his belief that the agreement will produce fruitful outcomes for both sides. Previously during a working session with the Israel Innovation Authority, Vietnamese Minister of Science and Technology Chu Ngoc Anh lauded the growing cooperation between the two nations. Vietnam pays due attention to cooperation in science and technology and start-ups, he said, expressing his wish that would Israel share with Vietnam its experience in start-ups, and cooperate in hi-tech agriculture and information and communication technology. A legal framework is being built to boost cooperation with Israel in the field, Anh added. For his part,  Avi Luvton, Executive Director of the Authority’s International Cooperation Programs…... [read more]

The signing marked a milestone in sci-technology studies in fields of common interest, including hi-tech agriculture, aquaculture and processing, material technology, health science and renewable energies. The MoU aims to support joint projects, organise events and meetings on science and technology, exchange information, delegations and experience and encourage cooperation among universities between the two nations. At the signing ceremony, Israeli Minister of Science and Technology Ofir Akunis called the move the beginning of a new era between the two nations’ science and technology sectors. Israel wants to cooperate with other nations, including Vietnam, in science and technology development, Akunis said, adding that the Vietnam – Israel Joint Committee on Economics, Science and Technology will decide the cooperation details. He expressed his belief that the agreement will produce fruitful outcomes for both sides. Previously during a working session with the Israel Innovation Authority, Vietnamese Minister of Science and Technology Chu Ngoc Anh lauded the growing cooperation between the two nations. Vietnam pays due attention to cooperation in science and technology and start-ups, he said, expressing his wish that would Israel share with Vietnam its experience in start-ups, and cooperate in hi-tech agriculture and information and communication technology.  A legal framework is being built to boost cooperation with Israel in the field, Anh added. For his part, Avi Luvton, Executive Director of the Authority’s International Cooperation Programs for the Asia Pacific Department suggested Vietnam improve its legal documents in line with the…... [read more]

NDO/VNA - Vietnam’s Ministry of Science and Technology and its Israeli counterpart inked a memorandum of understanding (MoU) on cooperation in science and technology in Israel on July 25. The signing marked a milestone in sci-technology studies in fields of common interest, including hi-tech agriculture, aquaculture and processing, material technology, health science and renewable energies. The MoU aims to support joint projects, organise events and meetings on science and technology, exchange information, delegations and experience and encourage cooperation among universities between the two nations. At the signing ceremony, Israeli Minister of Science and Technology Ofir Akunis called the move the beginning of a new era between the two nations’ science and technology sectors. Israel wants to cooperate with other nations, including Vietnam, in science and technology development, Akunis said, adding that the Vietnam – Israel Joint Committee on Economics, Science and Technology will determine the cooperation details. He expressed his belief that the agreement will produce fruitful outcomes for both sides. Previously during a working session with the Israel Innovation Authority, Vietnamese Minister of Science and Technology Chu Ngoc Anh lauded the growing cooperation between the two nations. Vietnam pays due attention to cooperation in science and technology and start-ups, he said, expressing his wish that Vietnam may learn from Israel’s experience in start-ups, and cooperate in hi-tech agriculture and information and communication technology. A legal framework is being built to boost cooperation with Israel in the field, Anh added. For his…... [read more]

NDO/VNA - Vietnam’s Ministry of Science and Technology and its Israeli counterpart inked a memorandum of understanding (MoU) on cooperation in science and technology in Israel on July 25. The signing marked a milestone in sci-technology studies in fields of common interest, including hi-tech agriculture, aquaculture and processing, material technology, health science and renewable energies. The MoU aims to support joint projects, organise events and meetings on science and technology, exchange information, delegations and experience and encourage cooperation among universities between the two nations. At the signing ceremony, Israeli Minister of Science and Technology Ofir Akunis called the move the beginning of a new era between the two nations’ science and technology sectors. Israel wants to cooperate with other nations, including Vietnam, in science and technology development, Akunis said, adding that the Vietnam – Israel Joint Committee on Economics, Science and Technology will determine the cooperation details. He expressed his belief that the agreement will produce fruitful outcomes for both sides. Previously during a working session with the Israel Innovation Authority, Vietnamese Minister of Science and Technology Chu Ngoc Anh lauded the growing cooperation between the two nations. Vietnam pays due attention to cooperation in science and technology and start-ups, he said, expressing his wish that Vietnam may learn from Israel’s experience in start-ups, and cooperate in hi-tech agriculture and information and communication technology. A legal framework is being built to boost cooperation with Israel in the field, Anh added. For his…... [read more]

Mr Triet was accompanied by several senior officials and representatives of 50 Vietnamese businesses who will attend the Vietnam-Cambodia business forum in Phnom Penh. The visit, which reciprocates King Norodom Shihamoni’s visit to Vietnam in March 2006, is taking place at a time when the two countries are busy preparing for the 40th anniversary of the establishment of diplomatic ties. Vietnam and Cambodia established their diplomatic ties on June 24, 1967. During the anti-US resistance war, Vietnam received support from the Cambodian administration and people. In turn, Vietnam also helped Cambodia overthrow the Pol Pot genocidal regime and reconstruct the country. Relations between Vietnam and Cambodia have been constantly developing in various areas since 1993. They have exchanged high-level visits with the aim of bringing their comprehensive cooperation to a new height. Notably, during a visit to Cambodia in March 2005 by Vietnamese Party General Secretary Nong Duc Manh, the two sides agreed to develop their ties under the motto of “fine neighbourliness, traditional friendship, comprehensive cooperation and long-term stability” in the near future. Economically, Vietnam and Cambodia established a Joint Committee for economic, cultural, scientific and technological cooperation in August 2004. Since then, the committee has held eight meetings to review the implementation of bilateral cooperation agreements on economics, politics, trade, military and security affairs, and work out plans of action in the coming years. Bilateral trade exchanges have also increased considerably, reaching 40 percent per annum. Bilateral trade was valued at US$692 million in 2005 and the figure…... [read more]




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