Kon Tum, Lao southern localities enjoy fruitful cooperation

With its positive macroeconomic development and political stability, Vietnam is becoming an attractive destination for foreign investors. And, M&As are given priority because this is the quickest method for foreign investors to enter the Vietnamese market. Improving the environment for better competition According to a research by Jones Lang LaSalle Group (LJJ), macroeconomic indicators, curbed inflation and impressive GDP growth are important factors for investors to consider entering the Vietnamese market. These have helped Vietnam draw a significant value of foreign direct investment (FDI). The JLL research showed that FDI flows were on the upward trend in the first half of 2017. Vietnam attracted about US$19.2 billion of FDI in the six months, up 54.8 per cent year on year. As such, the country remained one of potential investment destinations in Southeast Asia. JLL anticipated that the property market will continue to be active and attract foreign investors in 2017, driven by a host of mergers and acquisitions (M&As). In particular, the hotel segment is drawing the greatest interest of foreign investors. This is completely understandable as the tourism industry is thriving on loosened regulations on visa stay and good tourism infrastructure investment. “We expect this trend will continue in the coming time. Besides, other markets such as industrial zones and education are constantly growing. The affordable housing market is seen as a source of investment capital, largely due to the rise of the middle class,” JJL said. JJL visited that hundreds of millions of…... [read more]

Vietnam has said it regretted to learn about accusations made by the German government that it “kidnapped” a former Vietnamese oil executive in Berlin to bring him home to face charges of financial malfeasance, saying further investigations are underway. Le Thi Thu Hang, a foreign ministry spokesperson, reiterated at a press briefing on Thursday that Trinh Xuan Thanh, who is accused of gross mismanagement at a subsidiary of national oil and gas giant PetroVietnam, had “turned himself in” to Vietnamese police on Monday after a 10-month international manhunt. A terse statement on the Ministry of Public Security's website, the only official source covering the case in Vietnam, did not reveal why and how Thanh had returned to Vietnam. Minister of Public Security To Lam previously told local media on Sunday that he had no information regarding the case. "Vietnam respects and wants to develop a strategic relationship with Germany," Hang said at the briefing. Germany's foreign ministry said Wednesday it was considering further action to an "unprecedented" breach of German and international law over what it called the abduction of Thanh. The German foreign ministry spokesman said the Vietnamese ambassador had been summoned on Tuesday afternoon and that the official representative of the Vietnamese intelligence service had been ordered to leave, Reuters reported. The ambassador had been told the German government demanded that Trinh Xuan Thanh be allowed to travel back to Germany immediately so his asylum application and a Vietnamese request for his extradition could be examined in full, the…... [read more]

Vietnam has said it regretted to learn about accusations made by the German government that it “kidnapped” a former Vietnamese oil executive in Berlin to bring him home to face charges of financial malfeasance, saying further investigations are underway. Le Thi Thu Hang, a foreign ministry spokesperson, reiterated at a press briefing on Thursday that Trinh Xuan Thanh, who is accused of gross mismanagement at a subsidiary of national oil and gas giant PetroVietnam, had “turned himself in” to Vietnamese police on Monday after a 10-month international manhunt. A terse statement on the Ministry of Public Security's website, the only official source covering the case in Vietnam, did not reveal why and how Thanh had returned to Vietnam. Minister of Public Security To Lam previously told local media on Sunday that he had no information regarding the case. "Vietnam respects and wants to develop a strategic relationship with Germany," Hang said at the briefing. Germany's foreign ministry said Wednesday it was considering further action to an "unprecedented" breach of German and international law over what it called the abduction of Thanh. The German foreign ministry spokesman said the Vietnamese ambassador had been summoned on Tuesday afternoon and that the official representative of the Vietnamese intelligence service had been ordered to leave, Reuters reported. The ambassador had been told the German government demanded that Trinh Xuan Thanh be allowed to travel back to Germany immediately so his asylum application and a Vietnamese request for his extradition could be examined in full, the…... [read more]

Vietnam has dismissed accusations made by the German government that it “kidnapped” a former Vietnamese oil executive in Berlin to bring him home to face charges of financial malfeasance, saying further investigations are underway. Le Thi Thu Hang, a foreign ministry spokesperson, said at a press briefing on Thursday that Vietnam regretted to learn about Germany's statement that Trinh Xuan Thanh, who is accused of gross mismanagement at a subsidiary of national oil and gas giant PetroVietnam, was “kidnapped” in Berlin on July 23.  "Vietnam respects and wants to develop a strategic relationship with Germany," Hang said. Hang reiterated that Thanh had “turned himself in” to Vietnamese police on Monday after a 10-month international manhunt. A terse statement on the Ministry of Public Security's website, the only official source covering the case in Vietnam, did not reveal why and how Thanh had returned to Vietnam. Minister of Public Security To Lam previously told local media on Sunday that he had no information regarding the case. Germany's foreign ministry said Wednesday it was considering further action to an "unprecedented" breach of German and international law over what it called the abduction of Thanh. The German foreign ministry spokesman said the Vietnamese ambassador had been summoned on Tuesday afternoon and that the official representative of the Vietnamese intelligence service had been ordered to leave, Reuters reported. The ambassador had been told the German Government demands that Trinh Xuan Thanh be allowed to travel back to Germany immediately his asylum application and a…... [read more]

Party General Secretary Nguyen Phu Trong shakes hands with Director of the General Department of Politics of the Lao People’s Army Vilay Lakhamphong (Photo: VNA) Hanoi (VNA) – Vietnam’s Party and Government  always create best possible conditions for the Vietnamese and  Lao defence ministries to promote cooperation for political stability and social order and safety in both nation, said Party General Secretary Nguyen Phu Trong. The Party chief made the statement when receiving Director of the General Department of Politics of the Lao People’s Army Vilay Lakhamphong in Hanoi on August 2. Trong hailed growing engagements between the two armies over times and outcomes of talks between their senior officials. Highlighting achievements secured in bilateral defence cooperation, a pillar in the Vietnam – Laos relations, he urged the two armies to expand their joint work to fulfil their political missions. For his part, Vilay Lakhamphong informed his host on Laos’ recent affairs, cooperation outcomes between the two defence ministries and results of his talks with officials of the General Department of Politics of the Vietnam People’s Army. He stated in any circumstances, the Lao Defence Ministry will always work closely with its Vietnamese equivalent body to carry out their cooperation plans and agreements sealed by high-ranking officials from both nations. The Lao Party, Government and army will do its best to cement the special friendship with Vietnam for benefits of both peoples and for peace, stability, cooperation and development in the region and…... [read more]

Australian foreign minister Julie Bishop (Source: ualm.org.au) Sydney (VNA) – Australia’s Minister for Foreign Affairs Julie Bishop began her six-day visit to Thailand and the Philippines on August 2 to enhance the bilateral relations and promote Australia’s economic and security benefits in Southeast Asia. In Bangkok, Bishop is scheduled to meet with her Thai counterpart Don Pramudwinai and other Thai ministers and leaders to discuss measures to increase the role of Australia in political, economic and security issues. On this occasion, Australia will officially launch a new embassy in Bangkok, which is considered one of the biggest external events of Australia this year. She added that Australia and Thailand are celebrating the 65th anniversary of diplomatic ties in 2017. Thailand is the eighth biggest trade partner of Australia. In Manila, Bishop will attend the East Asia Summit, the ASEAN-Australia Ministerial Meeting, and the ASEAN Regional Forum along with activities to celebrate the 50th founding anniversary of the bloc. The meetings will focus discussion on major challenges in the region, including the East Sea matter, the Korean Peninsula, and terrorism. Bishop said she is co-chairing the ASEAN-Australia Special Summit in Sydney of the New South Wales State in March 2018 to affirm the significant contributions of ASEAN to promoting regional peace and prosperity. Founded in 1967, ASEAN groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.-VNA... [read more]

Senior Lieutenant General Luong Cuong, Secretary of the Communist Party of Vietnam Central Committee, Director of the General Department of Politics of the Vietnam People’s Army, made the statement during talks with the Lao officer in Hanoi on August 2. Cuong hailed the two countries’ advisory bodies for proactively implementing activities to celebrate the Vietnam-Laos and Laos-Vietnam Year of Solidarity and Friendship 2017, especially the successful organisation of meetings in Laos for ex-Lao military trainees in Vietnam, a military youth festival in the north-western province of Dien Bien, a culture-art campaign on the Vietnam-Laos-Cambodia fighting solidarity, and a border friendship exchange programme. Such activities are politically significant as they help increase mutual trust and educate young generations on the traditional friendship and special solidarity between the Vietnamese and Lao Parties, States and people, he added. Lakhamphong expressed his belief that sound bilateral military relations will contribute to reinforcing trust and comprehensive cooperation between the two countries’ Parties, States, peoples and armies as well as the maintenance of peace, stability and development in each nation. The two sides agreed to enhance cooperation in Party, political work, and protecting internal politics, while stepping up communications about the long-standing amity, special solidarity and all-around collaboration between Vietnamese and Lao people and armies, and promoting the bilateral coordination in training, regarding this as a long-term strategy. They also concurred to speed up the search for and repatriation of the remains of Vietnamese voluntary…... [read more]

Lao senior military officer visits Vietnam to boost defense partnership (Photo: VNA) Hanoi (VNA) – The ongoing official visit to Vietnam by Director of the General Department of Politics of the Lao People’s Army Vilay Lakhamphong will contribute to enhancing the special relations between the two countries, particularly the bilateral defense cooperation, for the benefits of their people. Senior Lieutenant General Luong Cuong, Secretary of the Communist Party of Vietnam Central Committee, Director of the General Department of Politics of the Vietnam People’s Army, made the statement during talks with the Lao officer in Hanoi on August 2. Cuong hailed the two countries’ advisory bodies for proactively implementing activities to celebrate the Vietnam-Laos and Laos-Vietnam Year of Solidarity and Friendship 2017, especially the successful organisation of meetings in Laos for ex-Lao military trainees in Vietnam, a military youth festival in the north-western province of Dien Bien, a culture-art campaign on the Vietnam-Laos-Cambodia fighting solidarity, and a border friendship exchange programme. Such activities are politically significant as they help increase mutual trust and educate young generations on the traditional friendship and special solidarity between the Vietnamese and Lao Parties, States and people, he added. [Vietnam, Laos strengthen coordination to promote renovation] Lakhamphong expressed his belief that sound bilateral military relations will contribute to reinforcing trust and comprehensive cooperation between the two countries’ Parties, States, peoples and armies as well as the maintenance of peace, stability and development in each nation. The two sides agreed to enhance cooperation in…... [read more]

NDO/ VNA - Prime Minister Nguyen Xuan Phuc voiced his hope for stronger trade and investment ties between Vietnam and Tanzania, while receiving two ministers from the African country, in Hanoi on August 2. Talking to Minister for Industry, Trade and Investment, Charles J. Mwijage and Minister for Agriculture, Livestock and Fisheries, Charles J. Tizeba, he lauded Tanzania’s maintenance of an average economic growth rate of over 6 percent during the past decade and expressed his wish that the country will successfully realise the targets set in its Vision 2025. He thanked Tanzania for supporting Vietnam’s struggle for national liberation in the past and for facilitating the investment and business activities of Vietnamese firms, including Halotel – a joint venture of Vietnam’s military-run telecommunications group Viettel with Tanzania. Minister Mwijage said the two countries’ cooperation is developing strongly, as seen in their economic ties and business-to-business partnerships. He highly valued Vietnam’s expansion in cooperation with African nations, including Tanzania – one of the fastest growing economies in Africa, over the last decade, due to strong economic reforms. He called on Vietnamese enterprises to invest in apparel, footwear, vegetable, plant oil and cement production in his country’s economic and industrial zones. Congratulating Tanzania on its economic achievements, PM Phuc promised that the Vietnamese Government will step up providing businesses with information concerning export processing and special economic zones of Tanzania, so that they can consider investment in agricultural and aquatic product processing, electronic products, consumer goods,…... [read more]

NDO/ VNA – Vietnam’s Party and Government always create the best possible conditions for the Vietnamese and Lao defence ministries to promote cooperation for political stability, social order and safety in both nations, said Party General Secretary Nguyen Phu Trong. The Party chief made the statement when receiving the Director of the General Department of Politics of the Lao People’s Army Vilay Lakhamphong, in Hanoi on August 2. Trong hailed the growing engagements between the two armies over recent times and the outcomes of the talks between their senior officials. Highlighting the achievements secured in their bilateral defence cooperation, a pillar in the Vietnam – Laos relations, he urged the two armies to expand their joint work in order to fulfill their political missions. For his part, Vilay Lakhamphong informed his host on recent affairs in Laos, the cooperation outcomes between the two defence ministries and the results of his talks with the officials of the General Department of Politics of the Vietnam People’s Army. He stated that in any circumstances, the Lao Defence Ministry will always work closely with its Vietnamese counterpart to carry out their cooperation plans and agreements sealed by high-ranking officials from both nations. The Lao Party, Government and army will do its upmost to cement their special friendship with Vietnam for the benefit of both peoples and for peace, stability, cooperation and development in the region and in the world. ... [read more]




Links Topics : http://news.c10mt.com/2017/08/kon-tum-lao-southern-localities-enjoy_3.html