Moscow, Geneva get-togethers celebrate Vietnam-Laos diplomatic ties

Delegates to the AMM 50 (Source: EPA/VNA)   Manila (VNA) – The foreign ministers of the Association of Southeast Asian Nations (ASEAN) have reviewed the bloc’s achievements recorded over the past 50 years and put forth major development orientations for the ASEAN Community in the time ahead. They are gathering at the 50th ASEAN Foreign Ministers’ Meeting (AMM 50) that opened in Manila, the Philippines, on August 5. The ministers shared the views that the greatest attainment ASEAN has gained is the building of a favourable condition for peace and stability, helping bring nations in the region closer to create collective strength as well as a dialogue culture and cooperation for their growth. They assessed the materialisation of the ASEAN Community Vision 2025 and master plans on politics-security, economy, culture and social affairs. In an effort to practically benefit ASEAN citizens, the ministers consented to promote programmes on economic development cooperation and narrow development gaps, increase connectivity, especially through the implementation of the third phase of the Initiative for ASEAN Integration (IAI), the Master Plan on ASEAN Connectivity (MPAC) and measures to ensure social welfare. Applauding the initiative to combine the ASEAN Community Vision 2025 with the UN’s 2030 Agenda for Sustainable Development, the officials considered this one of the priorities and agreed to roll out a roadmap to boost the reciprocation of the two documents. Regarding ASEAN’s external affairs, they lauded strides made in relations between the…... [read more]

NDO/VNA – The foreign ministers of the Association of Southeast Asian Nations (ASEAN) have reviewed the bloc’s achievement recorded over the past 50 years and put forth major development orientations for the ASEAN Community in the times ahead. The ministers are gathering at the 50th ASEAN Foreign Ministers’ Meeting (AMM 50) that opened in Manila, the Philippines, on August 5. The ministers shared their view that the greatest attainment ASEAN has gained is the building of a favourable condition for peace and stability, helping bring nations in the region closer to create collective strength as well as a dialogue culture and cooperation for their growth. They assessed the materialisation of the ASEAN Community Vision 2025 and master plans on politics-security, economy, culture and social affairs. In an effort to practically benefit ASEAN citizens, the ministers consented to promote programmes on economic development cooperation and narrow development gaps, increase connectivity, especially through the implementation of the third phase of the Initiative for ASEAN Integration (IAI), the Master Plan on ASEAN Connectivity (MPAC) and aims to ensure social welfare. Applauding the initiative to combine the ASEAN Community Vision 2025 with the UN’s 2030 Agenda for Sustainable Development, the officials considered this one of the priorities and agreed to roll out a roadmap to boost the reciprocation of the two documents. Regarding ASEAN’s external affairs, they extoled strides made in relations between the group and its partners and appreciated contributions of the partners to the formation of the…... [read more]

The first meeting of the 50th ASEAN Foreign Ministers’ Meeting (AMM 50) in Manila, the Philippines (Source: EPA/VNA)   Manila (VNA) – Foreign Minister Pham Binh Minh has appealed to the Association of Southeast Asian Nations (ASEAN) to intensify exchanges with China to soon start pragmatic negotiations of the Code of Conduct in the East Sea (COC), making it effective and legally binding. He was addressing the ongoing 50th ASEAN Foreign Ministers’ Meeting (AMM 50) in Manila, the Philippines on August 5. The ASEAN foreign ministers on August 5 reached a consensus on a draft framework for a code of conduct (COC) of parties in the East Sea. The draft is expected to be submitted to the ASEAN-China Foreign Ministers’ Meeting for approval on August 6. Minh applauded ASEAN and China for their full implementation of the Declaration on the Conduct of Parties in the East Sea (DOC). He also reiterated Vietnam’s consistent stance on the significance of peace, stability, navigation and aviation security and safety in the East Sea to regional peace and stability. Disputes should be resolved peacefully in accordance with international law, including the 1982 UN Convention on the Law of the Sea (UNCLOS), and respect for legal and diplomatic processes, he said, stressing the need for concerned parties to back efforts to build trust and prevent conflicts. He noted that developing a suitable and satisfactory approach to the East Sea issue constitutes ASEAN’s practical contribution to long-term peace…... [read more]

Politburo member and Secretary of the municipal Party Committee Nguyen Thien Nhan (R) meets with Kikeo Khaykhamphithoune, head of the LPRP Central Committee’s Commission for Propaganda and Training, on August 4 (Photo: VNA) HCM City (VNA) – Ho Chi Minh City is ready to share experience and enhance all-round cooperation with Lao localities, Politburo member and Secretary of the municipal Party Committee Nguyen Thien Nhan told senior officials of the Lao People’s Revolutionary Party (LPRP) on August 4. Nhan made the remark while meeting with a visiting LPRP delegation led by Kikeo Khaykhamphithoune, head of the LPRP Central Committee’s Commission for Propaganda and Training. He said the visit is made amidst the 55th anniversary of Vietnam-Laos diplomatic ties and 40 years since the singing of the countries’ Treaty of Amity and Cooperation. Their traditional friendship, special solidarity and comprehensive cooperation, including those between HCM City and Lao localities, have been nurtured by the two countries’ leaders and people and developing sustainably, he noted. Kikeo Khaykhamphithoune expressed his delight at the flourishing bilateral relationship, adding that cooperation is becoming more and more substantive in all fields and has generated significant outcomes. [Vietnam, Laos Parties share experience in sustainable development] He voiced his belief that the Laos-Vietnam great amity, special solidarity and all-faceted partnership will continually thrive. Kikeo Khaykhamphithoune also informed the host official about the content of his delegation’s working visit to Vietnam, along with the outcomes of the fifth theoretical workshop on…... [read more]

Secretary of the Lao Party Central Committee, Head of the Lao People’s Revolutionary Party (LPRP) Central Committee’s Commission for Propaganda and Training, and President of the Lao National Council for Social Sciences Kikeo Khaykhamphithoune led the delegation to visit Ho Chi Minh City within the framework of a working visit in Vietnam. City Party chief Nguyen Thien Nhan stressed that the visit took place on the occasion of the 55th establishment anniversary of diplomatic ties (September 5, 1962- 2017) and the 40th anniversary since Vietnam and Laos co-signed Friendship and Cooperation Treaty (July 18, 1977-2017). The fifth theoretical workshop between the Communist Party of Vietnam and the Lao People's Revolutionary Party under theme of “Rapid and sustainable development” has just been organized in Kien Giang province that was considered as a favorable opportunity to strengthen mutual understanding and learning about political theory.  The secretary said that traditional friendship, solidarity and comprehensive cooperation between Vietnam and Laos in general and Ho Chi Minh City and Lao localities in particular developed sustainably under assistances of the nations’ leaders and people in previous years.  Party, authority and people of Ho Chi Minh City are ready for sharing experience, boosting multifaceted cooperation with Lao localities, contributing to deepen further Vietnam- Laos traditional friendship, solidarity and comprehensive cooperation. Secretary of the Lao Party Central Committee Kikeo Khaykhamphithoune thanked for the friendly welcome of HCMC Party Committee Secretary; and he pleasured good development of the traditional friendship, solidarity and comprehensive cooperation…... [read more]

Secretary of the Lao Party Central Committee, Head of the Lao People’s Revolutionary Party (LPRP) Central Committee’s Commission for Propaganda and Training, and President of the Lao National Council for Social Sciences Kikeo Khaykhamphithoune led the delegation to visit Ho Chi Minh City within the framework of a working visit in Vietnam. City Party chief Nguyen Thien Nhan stressed that the visit took place on the occasion of the 55th establishment anniversary of diplomatic ties (September 5, 1962- 2017) and the 40th anniversary since Vietnam and Laos co-signed Friendship and Cooperation Treaty (July 18, 1977-2017). The fifth theoretical workshop between the Communist Party of Vietnam and the Lao People's Revolutionary Party under theme of “Rapid and sustainable development” has just been organized in Kien Giang province that was considered as a favorable opportunity to strengthen mutual understanding and learning about political theory.  The secretary said that traditional friendship, solidarity and comprehensive cooperation between Vietnam and Laos in general and Ho Chi Minh City and Lao localities in particular developed sustainably under assistances of the nations’ leaders and people in previous years.  Party, authority and people of Ho Chi Minh City are ready for sharing experience, boosting multifaceted cooperation with Lao localities, contributing to deepen further Vietnam- Laos traditional friendship, solidarity and comprehensive cooperation. Secretary of the Lao Party Central Committee Kikeo Khaykhamphithoune thanked for the friendly welcome of HCMC Party Committee Secretary; and he pleasured good development of the traditional friendship, solidarity and comprehensive cooperation…... [read more]

Nhan made the remark while meeting with a visiting LPRP delegation led by Kikeo Khaykhamphithoune, Head of the LPRP Central Committee’s Commission for Propaganda and Training. Mr. Kikeo Khaykhamphithoune (L) presents a gift to Mr. Nguyen Thien Nhan. Photo: qdnd.vn  He said the visit is made amidst the 55th anniversary of Vietnam-Laos diplomatic ties and 40 years since the singing of the countries’ Treaty of Amity and Cooperation. Their traditional friendship, special solidarity and comprehensive cooperation, including those between Ho Chi Minh City and Lao localities, have been nurtured by the two countries’ leaders and people and developing sustainably, he noted. Kikeo Khaykhamphithoune expressed his delight at the flourishing bilateral relationship, adding that cooperation is becoming more and more substantive in all fields and has generated significant outcomes. He voiced his belief that the Laos-Vietnam great amity, special solidarity and all-faceted partnership will continually thrive. Kikeo Khaykhamphithoune also informed the host official about the content of his delegation’s working visit to Vietnam, along with the outcomes of the fifth theoretical workshop on rapid and sustainable development recently held in Kien Giang province between the Communist Party of Vietnam and the LPRP. He said at the workshop, the two Parties’ officials shared much useful information in terms of both theory and practice, helping to fine-tune their respective Parties’ guidelines and policies. During their stay, the LPRP delegation also visited the Vietnam Dairy Products Joint Stock Company (Vinamilk), headquartered…... [read more]

Korea Development Bank (KDB) in mid-April signed a comprehensive cooperation agreement with Vietnam’s BIDV. Of equitized banks, BIDV now has the highest state’s ownership ratio, over 95%, which also means that the there is still room for foreign investors in the bank – 30% as stipulated by law. Since BIDV began listing its shares in 2014, the bank’s managers said it was looking for foreign partners and considering selling 25-30% of capital. BIDV’s CEO Phan Duc Tu recently confirmed that the bank wants to find foreign strategic partners. The biggest problem for the bank is that while it cannot sell stakes at prices lower than the market, investors want discount rates when buying a stake in large lots. Besides the South Korean partner, BIDV has one more partner, from Japan. Analysts commented that they may become strategic partners of the bank with the biggest total assets in Vietnam. Recently, Daegu, another large South Korean bank, signed a comprehensive cooperation agreement with Vietnam’s OCB, a joint stock bank. In the ROK, Daegu now holds 50% of the market share for providing loans to SMEs. According to OCB’s CEO Nguyen Dinh Tung, OCB hopes Daegu would give support to OCB in many different fields, from remittances, international payments to product and SME client development. In 2008, Shinhan became one of the first five 100% foreign owned banks licensed in Vietnam. In late 2011, to confirm its commitments to make long-term investment…... [read more]

Korea Development Bank (KDB) in mid-April signed a comprehensive cooperation agreement with Vietnam’s BIDV. Of equitized banks, BIDV now has the highest state’s ownership ratio, over 95%, which also means that the there is still room for foreign investors in the bank – 30% as stipulated by law. Since BIDV began listing its shares in 2014, the bank’s managers said it was looking for foreign partners and considering selling 25-30% of capital. BIDV’s CEO Phan Duc Tu recently confirmed that the bank wants to find foreign strategic partners. The biggest problem for the bank is that while it cannot sell stakes at prices lower than the market, investors want discount rates when buying a stake in large lots. Besides the South Korean partner, BIDV has one more partner, from Japan. Analysts commented that they may become strategic partners of the bank with the biggest total assets in Vietnam. Recently, Daegu, another large South Korean bank, signed a comprehensive cooperation agreement with Vietnam’s OCB, a joint stock bank. In the ROK, Daegu now holds 50% of the market share for providing loans to SMEs. According to OCB’s CEO Nguyen Dinh Tung, OCB hopes Daegu would give support to OCB in many different fields, from remittances, international payments to product and SME client development. In 2008, Shinhan became one of the first five 100% foreign owned banks licensed in Vietnam. In late 2011, to confirm its commitments to make long-term investment…... [read more]

In his opening remarks, Vo Van Thuong, Politburo member, Secretary of the Party Central Committee and head of the CPV Central Committee’s Commission for Information and Education, said the workshop is significant theoretically and practically.  It is taking place at a time when Vietnam and Laos are marking the 55th anniversary of their diplomatic ties and 40 years of the signing of the Vietnam-Laos Treaty of Amity and Cooperation, he said. Vietnam is implementing the Resolution adopted at the 12th National Party Congress and Laos is also materialising the Resolution of the 10th Party Congress, the official added. The two-day workshop offers an opportunity for Vietnamese and Lao scientists to exchange experience in socio-economic development, especially socialist-oriented sustainable development. Thuong reiterated the Vietnamese Party’s viewpoints on rapid, sustainable development, and introduced experience the country gained over the past years as well as orientations and tasks set for the time ahead in order to improve the efficiency of the Party leadership. Rapid, sustainable development is the cause pursued by the entire Party and population, he said, noting that all people have equal chances to develop, contribute to development and benefit from its outcomes. Thuong stressed the need to ensure rapid, sustainable development on the basis of ensuring the macro-economic stability and improving productivity, quality, efficiency and competitiveness of the economy. It is a must to closely combine economic development with cultural, social and environmental development, the readiness to cope…... [read more]




Links Topics : http://news.c10mt.com/2017/08/moscow-geneva-get-togethers-celebrate.html