CLMTV ministers discuss guest workers affairs

Vice Secretary of the municipal Party Committee Tat Thanh Cang congratulated Lao officials and dignitaries on New Year festival of Laos (Illustrative image. Source: VNA) Vientiane (VNA) – Vietnam’s Ho Chi Minh City and the Lao capital city of Vientiane have agreed to foster and expand their cooperation in the time ahead and approve cooperation orientations for the 2017-2020 period. The agreement was reached at the talks in Vientiane on July 29 between a high-ranking delegation of Vientiane and a high-ranking delegation of Ho Chi Minh City led by permanent Vice Secretary of the municipal Party Committee Tat Thanh Cang. The two sides agreed to increase the exchange of high-level delegations, speeding up the implementation of a project to raise beeves in Vientiane, considering the provision of aid to buy equipment for a project on improving the budget collection system of Vientiane’s Finance Department and Tax Department. They also vowed to consider the possibility of constructing their trade and tourism centres in Ho Chi Minh City and Vientiane. Ho Chi Minh City pledged to help Vientiane organise agricultural, trade and tourism promotion programmes in the Vietnamese city, provide 17 scholarships for Lao students and postgraduates, and assist Vientiane in hosting the Laos Tourism Year 2018 and a tourism conference of Mekong River Sub-region cities. Earlier on the same day, the Ho Chi Minh City delegation was received by permanent member of the Lao People’s Revolutionary Party Central Committee’s Secretariat Phankham Viphavan and Secretary…... [read more]

NDO/VNA – Vietnam’s Ho Chi Minh City and the Lao capital city of Vientiane have agreed to foster and expand their cooperation in the time ahead and to also approve cooperation orientations for the 2017-2020 period. The agreement was reached at the talks in Vientiane on July 29 between a high-ranking delegation of Vientiane and a high-ranking delegation of Ho Chi Minh City, which was led by the permanent Vice Secretary of the municipal Party Committee Tat Thanh Cang. The two sides agreed to increase the exchange of high-level delegations, thus speeding up the implementation of a project to raise beeves in Vientiane and also considering the provision of aid to buy equipment for a project on improving the budget collection system of Vientiane’s Finance Department and Tax Department. The two sides also vowed to consider the possibility of constructing their trade and tourism centres in Ho Chi Minh City and Vientiane. Ho Chi Minh City pledged to help Vientiane organise agricultural, trade and tourism promotion programmes in the Vietnamese city, provide 17 scholarships for Lao students and postgraduates, and assist Vientiane in hosting the Laos Tourism Year of 2018 and a tourism conference of Mekong River Sub-region cities. Earlier in the same day, the Ho Chi Minh City delegation was received by permanent member of the Lao People’s Revolutionary Party Central Committee’s Secretariat Phankham Viphavan and Secretary of the Party Committee and Mayor of Vientiane Sinlavong Khoutphaythoun. At these meetings, the Lao leaders spoke…... [read more]

The calculation is realistic following positive signs that Vietnam recently joined the world trade body and successfully organised the 14th APEC Economic Leaders’ Meeting in Hanoi. In a short period of time, several foreign investors decided to increase or pour huge amount of investment capital into Vietnam. As such the Intel Group of the US signed a contract to increase its investment capital to US$1 billion, while POSCO Group of the Republic of Korea decided to invest in US$1.4 billion in a steel production mill in Vietnam. Ayumi Konishi, Country Director of the Asian Development Bank in Vietnam attributed the high influx of foreign investment in Vietnam recently to the country’s high economic growth, great potential and political stability. Those advantages, plus its recent admission to the WTO, will turn Vietnam into a promising investment destination for foreign groups, he said. For the US – the world’s largest economic power, the prospect of its increased investment activities in Vietnam will become realistic after the US Congress approved permanent normal trade relations (PNTR) status with Vietnam last week – the final hurdle to relations between the two countries. Michael Marine, US Ambassador to Vietnam, said that US investment has now hit US$4 billion and the figure double next year as the US is putting final touches on three or four large projects in Vietnam. He said many US investors are exploring the Vietnamese market and 2007 will be a good start for increased trade between the two countries. For its part,…... [read more]

The visit is also a chance for Vietnam and India to adopt measures to promote their comprehensive relationship as well as facilitating business deals. The traditional friendship between Vietnam and India originates from their common historical links in culture, religion and trade. It was established and fostered by President Ho Chi Minh and Prime Minister Jawaharlal Nehru and by other generations of leaders and people of the two countries. The traditional friendship and comprehensive cooperation between Vietnam and India has developed significantly since the two countries established their diplomatic ties at an ambassadorial level on January 7, 1972. Vietnam has received valuable assistance from India in its post-war reconstruction process and its current economic development. Bilateral ties in politics, security and national defence have also developed well through high-level visit exchanges. Economically, two-way trade has increased by 20 percent per annum in recent years from US$375 million in 2002 to US$1.005 billion in 2006. Vietnam mainly exports coffee, coal, pepper, rubber, electronic products and footwear to India, and imports cattle feed, raw materials, metals, plastics, medicines, machinery equipment, garment and pharmaceutical accessories, chemicals and pesticides from the South Asian country. Both countries are trying to reduce Vietnam’s import surplus and raise bilateral trade to US$1.5-2 billion in the next two or three years. The year 2007 marked a breakthrough in India’s investment in Vietnam. In February, Essar group agreed a US$527 million project to produce hot rolled steel in southern Ba Ria-Vung Tau province. Three months later, Tata group signed…... [read more]

Vietnam and Laos have treasured the long-standing and special relationship – an invaluable asset as affirmed by late Vietnamese President Ho Chi Minh and late Lao President Kaysone Phomvihan. It is special because both countries lean against the Truong Son Mountain Range and share the water resources of the Mekong River. Since the Communist Party of Indochina was established in 1930, the Vietnamese and Lao nations have shared common lofty ideals and strength in the struggle for national liberation – an important factor for ensuring the victory of the revolution in each country. It is special because the two countries had had a close connection before they established their diplomatic ties on September 5, 1962. So the establishment of their diplomatic ties as well as their whole course of history helped to open up a new stage of development in bilateral ties and foster close links between two nations. Thirty years ago today (July 18), the Vietnam-Laos Friendship and Cooperation Treaty was signed, creating a firm political and legal foundation for further promoting the revolutionary cause of each country as well as cementing the special solidarity and comprehensive cooperation between the two nations. Over the past three decades, the treaty has made substantial contributions to the process of national construction and development in each country. Particularly, Laos has made significant achievements in the past 20 years of implementing the Doi Moi (Renewal) process. Its national independence, sovereignty and political and social stability have been maintained while national defence and security…... [read more]

In a recent interview granted to Vietnam News Agency, Deputy Prime Minister and Foreign Minister Pham Gia Khiem said the EWEC is one of the five economic corridors in the Greater Sub-Mekong Region (GMS), which was approved at the eighth GMS Ministerial Meeting in October 1998. With funding from the Asian Development Bank and the Japanese Government, major transport infrastructure facilities lying along the corridor have been upgraded, including Tien Sa and Da Nang ports, Hai Van tunnel and National Highway No 9 inside Vietnam. Notably, the second international bridge spanning the Mekong River was open to traffic in late 2006, linking Thailand's seven northeastern provinces, Laos' Savannakhet province and Vietnam's three central provinces. In addition to developing transport infrastructure facilities, relevant countries have coordinated closely in simplifying procedures, facilitating cross-border travel, enhancing cooperation in tourism and human resource development, and attracting investment for the sake of steady economic development and sustainable poverty reduction. The western part of the corridor, which runs from Thailand to Myanmar, will be under construction soon to turn the EWEC into an inland corridor connecting the Pacific and Indian Oceans. Once completed, the EWEC project will help millions of people living in the four countries escape poverty, narrow the development gap and strengthen linkages between the EWEC and other regions in Southeast Asia and the world. The project will enable the four countries to better tap their natural resources and potential, and expand their markets. It will also help them expand external economic ties, promote…... [read more]

A spectacular jump According to statistics from the Ministry of Agriculture and Rural Development, over 70 percent of Vietnam’s population and 60 percent of labourers are working in rural areas. After one year of joining the World Trade Organisation (WTO), farmers and enterprises now have access to a huge market for farm produce with trade turnover reaching nearly US$600 billion per year. In 2000, total export turnover of agro-forestry and aquatic products reached only US$4.197 billion and is expected to reach more than US$12 billion in 2007, surpassing the set target. In 2007 many agro-forestry and aquatic products have obtained an export turnover of over US$1 billion, with coffee reaching around US$1.7 billion, seafood US$3.6-3.7 billion, processed wood products US$2.5 billion, and rubber around US$1.4 billion. Cashew nuts obtained a record export turnover of around US$650 million while pepper export turnover amounted to US$249 million. It was forecast that Vietnam would face more technical barriers in the post-WTO period, causing difficulties for exporters. However, on the contrary, Vietnam has become a successful country in exporting agricultural products. Challenges There are great opportunities for Vietnam to penetrate the world’s agricultural market in spite of some challenges. Minister of Agriculture and Rural Development Cao Duc Phat said high production costs are becoming one of the biggest hindrances to farmers. Their rural economy has developed in a spontaneous fashion due to a lack of materials and modern technology. Sugar production is a case in point. After a decade of implementing a one-million tonne…... [read more]

Deputy Minister of Agriculture and Rural Development (MARD) Ho Xuan Hung says that though the State devised a policy on agricultural mechanisation, farmers have almost never benefited from this policy. He recalls that many localities began using modern machines in agricultural production several years ago, receiving strong response from farmers. After a short period of time, industrial parks mushroomed in rural areas along with the development of the national economy, seeking super profit. Consequently, many farmers gave up agricultural production to work for industrial parks while localities no longer cared much about agricultural mechanisation. It was a great shock when MARD announced that post-harvest loss has made up 10-11 percent of total food output. “It is unbelievable in comparison with the development of the agricultural sector, which achieves a growth rate of only 3-4 percent annually,” Mr Hung says, adding that nothing has been done so far to improve the situation. According to Doan Xuan Hoa, deputy head of the Agro-Forestry Product Processing and Salt Production Department under MARD, Vietnam has only mechanised several processes of agricultural production such as soil preparation and transportation while the proportion of mechanisation in rice transplanting and harvesting and sugarcane harvesting is very low. In addition, he says the manufacturing and assembling of agricultural machines has not met the sector’s demand. Although Vietnam has up to 42 mechanical engineering plants, most of them focus on manufacturing and assembling motorcycles and automobiles for much larger profits. Mr Hoa says that the Vietnam Engine and Agricultural…... [read more]

Finnish President Tarja Halonen and her husband are on an official visit to Vietnam from February 21-23 at the invitation of Vietnam’s State President Nguyen Minh Triet. This is the first State visit to Vietnam by the Finnish President since the two countries established their diplomatic ties on January 25, 1973. Mrs Taria Halonen is accompanied by Finland’s high-ranking officials and leading entrepreneurs involved in information and technology, telecommunications, shipbuilding, elevator production, aviation, pharmaceuticals, medical equipment, paper industry, environmental protection, energy, mining, metallurgy and financial and banking industries. As one of the first Western European which have established its diplomatic relations with Vietnam, Finland always supports Vietnam during the past period of economic embargo and the current process of national construction and development. Over the past few years, both sides have maintained their contacts and exchange of high-level visits. The most recent events were Finnish Prime Minister Matti Vanhanen’s visit to Vietnam for the ASEM 5 Summit in October, 2004 and Prime Minister Nguyen Tan Dung’s visit to Finland for the ASEM 6 Summit in September, 2006. In 2007, Vietnam was one of the two Asian countries, which continued to be considered a major partner in terms of development cooperation with Finland. Priority given to bilateral cooperation in poverty reduction focuses on three areas of general rural development, water supply and waste treatment and capacity building and reform assistance. Finland is currently co-operating with Vietnam in the form of financial support for the national poverty reduction programme 135. In the…... [read more]

The visit takes place at a time when Cambodia has maintained stability and a rather high economic growth rate over recent years. The fourth parliamentary election was held successfully in July 2008 and highly acclaimed by the international community. Five out of 11 political parties won seats at the National Assembly. The Cambodian People’s Party (CPP) won a landslide victory with 90 out of a total of 123 seats to form a new Government. At the first session of the National Assembly on September 25, 2008, lawmakers voted for the new Government led by CPP from 2008 to 2013. Relations of friendship and comprehensive cooperation between Vietnam and Cambodia have developed strongly in recent times under the motto of “Good neighbourly relationship, traditional friendship and comprehensive and long-lasting cooperation”. The two countries have exchanged many high-ranking visits, including visits to Vietnam in March 2006 and June 2008 by King Norodom Sihamoni, and a visit to Cambodia in February 2007 by State President Nguyen Minh Triet. The two Prime Ministers also met with each other on the sidelines of the summit of the Greater Mekong Sub-region (GMS) in March 2008. Vietnam and Cambodia convened the 4th meeting on cooperation and development of their border provinces in February 2008 and the 10th session of the Joint Commission for Economic, Cultural and Scientific-Technological Cooperation in October 2008. The two countries have enjoyed significant progress in economics, trade and investment cooperation over the past years. Two-way trade between Vietnam and Cambodia hit nearly US$1.2…... [read more]




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