Vietnamese, Lao fronts discuss enhancing ties

NDO/ VNA – President of the Vietnam Fatherland Front (VFF) Central Committee Tran Thanh Man and Chairman of the Lao Front for National Construction (LFNC) Saysomphone Phomvihane discussed strengthening bilateral ties during a reception in Vientiane on August 10. VFF President Man, who is in a working visit to Laos from August 10-13, expressed his delight at visiting Laos on the occasion of the 55th anniversary of the bilateral diplomatic ties and the 40th anniversary of the signing of Vietnam-Laos Treaty of Amity and Cooperation. He asked the two fronts to jointly launch a plan on implementing a Memorandum of Understanding (MoU) on Cooperation Programme among Vietnamese, Lao and Cambodian fronts and a joint communiqué between VFF and LFNC Central Committees about the outcomes of the international conference on building Vietnam-Laos borderline of peace, friendship, comprehensive cooperation for mutual development for 2017-2020. The Vietnamese front leader urged the host to suggest to the the Lao Party and State to make it easier for Vietnamese nationals to acquire Lao citizenship, simplify procedures regarding marriage, business and labour. The Vietnamese official hoped that the two countries would step up transport connectivity, enhance infrastructure investment in border areas, and actively partner in the search and repatriation of remains of Vietnamese voluntary soldiers and experts who sacrificed their lives in Laos during the war. Phomvihane thanked the Vietnamese Party, State, Front and people for their valuable and timely support for Laos during the war as well as the current construction…... [read more]

NDO/ VNA – President of the Vietnam Fatherland Front (VFF) Central Committee Tran Thanh Man and Chairman of the Lao Front for National Construction (LFNC) Saysomphone Phomvihane discussed strengthening bilateral ties during a reception in Vientiane on August 10. VFF President Man, who is in a working visit to Laos from August 10-13, expressed his delight at visiting Laos on the occasion of the 55th anniversary of the bilateral diplomatic ties and the 40th anniversary of the signing of Vietnam-Laos Treaty of Amity and Cooperation. He asked the two fronts to jointly launch a plan on implementing a Memorandum of Understanding (MoU) on Cooperation Programme among Vietnamese, Lao and Cambodian fronts and a joint communiqué between VFF and LFNC Central Committees about the outcomes of the international conference on building Vietnam-Laos borderline of peace, friendship, comprehensive cooperation for mutual development for 2017-2020. The Vietnamese front leader urged the host to suggest to the the Lao Party and State to make it easier for Vietnamese nationals to acquire Lao citizenship, simplify procedures regarding marriage, business and labour. The Vietnamese official hoped that the two countries would step up transport connectivity, enhance infrastructure investment in border areas, and actively partner in the search and repatriation of remains of Vietnamese voluntary soldiers and experts who sacrificed their lives in Laos during the war. Phomvihane thanked the Vietnamese Party, State, Front and people for their valuable and timely support for Laos during the war as well as the current construction…... [read more]

Philippine rice tender win buoys local priceTrung Chanh Farmers load just-harvested paddy (unhusked rice) onto a boat in the Mekong Delta - PHOTO: TRUNG CHANH CAN THO – That Vietnamese rice firms won in a Philippine tender last month to supply 175,000 tons of 25% broken rice has led to a steady price increase of IR 50404 rice in the Mekong Delta. The Vietnamese winners of the tender which the Philippines held under a government-to-private importation to replenish its dwindling buffer stocks are Vietnam Southern Food Corp, Gia International Corp, Tan Long Group JSC and Hiep Loi Food JSC. Nguyen Thanh Tho, a rice trader at Ba Dac wholesale market in Tien Giang Province, told the Daily on August 8 that IR 50404 material rice sells for VND7,300-7,400 a kilo, up VND100-150 compared to July 25, while its finished rice fetches VND8,400-8,500 a kilo, up VND100-200. Local traders purchase IR 50404 fresh rice at VND5,000-5,100 a kilo on the farm, up VND200-300. Likewise, broken rice is sold at VND6,900-7,000 at Ba Dac market. The four winning bidders will deliver 120,000 tons to the National Food Authority of the Philippines within this month, resulting in an upsurge in domestic demand for IR 50404, according to Nguyen Thanh Phong, director of Van Loi Corporation in Tien Giang Province. Its price has subsequently picked up. Some enterprises said IR 50404 25% broken rice is locally priced at VND8-8.13 million (US$353-357) a ton. Meanwhile, the Philippine government purchases the staple food at US$409 to US$425.9 a ton.…... [read more]

At the talks (Source: VNA) Thua Thien – Hue (VNA) – Leaders of the central province of Thua Thien-Hue and the Lao province of Sekong signed a Memorandum of Understanding (MoU) on cooperation in various fields during their talks in Hue city on August 9.  Accordingly, the two sides will facilitate the exchange of regular high-level visits. In the near future, Thua Thien-Hue province will help Sekong with short-term training courses on Party building and share its operation experience of the People’s Council. They will continue raising public awareness of strictly implementing an agreement on Vietnam-Laos land border and border gate management regulations, and a Protocol on Vietnam-Laos borderline and border markers. Thua Thien-Hue and Sekong provinces will continue effectively deploy a model of village-village twinning relations in border areas and assisting local firms in trade promotion activities held in each locality. The two provinces will jointly hold cultural exchanges and boost educational and health cooperation, under which Thua Thien-Hue will provide 10 full scholarships each year for Sekong students and offering health checks-up to residents in border areas. Sekong will help Thua Thien-Hue enterprises seek business opportunities in Ka Lum district. Over the past years, Thua Thien-Hue and Sekong have regularly held friendly visits, unearthed and repatriated remains of Vietnamese soldiers, experts and voluntary soldiers who sacrificed in Laos during the war. Since 2002, Thua Thien-Hue has created favourable conditions for 110 Lao students to study…... [read more]

At the talks (Source: VNA) Washington D.C. (VNA) – Defence Minister, Gen. Ngo Xuan Lich held talks with US Secretary of Defence James Mattis in Washington D.C. on August 8 following a welcome ceremony the same day.  Lich, who is on US visit from August 7-10, said Vietnam considers the US one of the top important partners and always prioritises developing bilateral ties based on the principles of equality, respect for political regime, independence, sovereignty and territorial integrity of each country. He spoke highly of the US’s collaboration with the Vietnamese coast guards in law enforcement at sea as well as in the United Nations peacekeeping mission. The two officials hailed the outcomes of bilateral ties on the basis of the Memorandum of Understanding on promoting defence links and the Declaration on the Joint Vision on bilateral defence ties covering the exchange of all-level delegations, training, dialogue consultation, maritime security, search and rescue, bomb and mines clearance, Agent Orange/dioxin detoxification, and United Nations peacekeeping activities. They agreed to reinforce coordination under signed agreements, with priority given to post-war recovery efforts in Vietnam, response to non-traditional security challenges and the UN peacekeeping activities. About dioxin clean-up in contaminated areas, Lich said the two sides have concluded the first stage of the Da Nang airport remediation project and are embarking on the second stage to serve the Asia-Pacific Economic Cooperation (APEC) Summit 2017. They are also conducting studies to launch a…... [read more]

NDO/VNA – Defence Minister, Gen. Ngo Xuan Lich held talks with US Secretary of Defence James Mattis in Washington D.C., on August 8, following a welcome ceremony which took place the same day. Lich, who is on a US visit from August 7-10, said that Vietnam considers the US as one of the most important partners and always prioritises the development of the bilateral ties based on the principles of equality, respect for political regimes, independence, sovereignty and territorial integrity of each country. He spoke highly of the US’s collaboration with the Vietnamese coast guards in law enforcement at sea, as well as in the United Nations peacekeeping missions. The two officials hailed the outcomes of bilateral ties on the basis of the Memorandum of Understanding on promoting defence links and the Declaration on the Joint Vision on bilateral defence ties, covering the exchange of all-level delegations, training, dialogue consultation, maritime security, search and rescue, bomb and mines clearance, Agent Orange/dioxin detoxification, and United Nations peacekeeping activities. They agreed to reinforce coordination under the signed agreements, with priority given to post-war recovery efforts in Vietnam, response to non-traditional security challenges, in addition to the UN peacekeeping activities. Regarding the dioxin clean-up in contaminated areas, Lich said the two sides have concluded the first stage of the Da Nang airport remediation project and are embarking on the second stage to serve the Asia-Pacific Economic Cooperation (APEC) Summit 2017. They are also conducting studies to launch a similar…... [read more]

NDO/VNA – Defence Minister, Gen. Ngo Xuan Lich held talks with US Secretary of Defence James Mattis in Washington D.C., on August 8, following a welcome ceremony which took place the same day. Lich, who is on a US visit from August 7-10, said that Vietnam considers the US as one of the most important partners and always prioritises the development of the bilateral ties based on the principles of equality, respect for political regimes, independence, sovereignty and territorial integrity of each country. He spoke highly of the US’s collaboration with the Vietnamese coast guards in law enforcement at sea, as well as in the United Nations peacekeeping missions. The two officials hailed the outcomes of bilateral ties on the basis of the Memorandum of Understanding on promoting defence links and the Declaration on the Joint Vision on bilateral defence ties, covering the exchange of all-level delegations, training, dialogue consultation, maritime security, search and rescue, bomb and mines clearance, Agent Orange/dioxin detoxification, and United Nations peacekeeping activities. They agreed to reinforce coordination under the signed agreements, with priority given to post-war recovery efforts in Vietnam, response to non-traditional security challenges, in addition to the UN peacekeeping activities. Regarding the dioxin clean-up in contaminated areas, Lich said the two sides have concluded the first stage of the Da Nang airport remediation project and are embarking on the second stage to serve the Asia-Pacific Economic Cooperation (APEC) Summit 2017. They are also conducting studies to launch a similar…... [read more]

In particular, agro-forestry-fisheries remained a key currency earner.  After a Memorandum of Understanding on rice trade was extended in late May by the Vietnamese Ministry of Industry and Trade and the Bangladeshi Food Ministry, rice export has kept growing, ending the prolonged decline.  Accordingly, Vietnam shipped 465,000 tonnes of rice worth US$201 million abroad in July, pushing the total rice exports in seven months to 3.3 million tonnes valued at US$1.5 billion, up 15.7% and 13.7% in volume and value, respectively.  The country recently won a bid to export 175,000 tonnes of rice to the Philippines, slightly raising the domestic rice prices in the south.  Fuel, minerals and processing industry with key items such as coal, crude oil, petroleum, apparel, leather and footwear, computers and cell phones continued moderate growth of 18.1 – 39.4%.  The US remained the largest exporter with seven-month value of US$23.4 billion, up 9.9% year-on-year. It was followed by the European Union, China, ASEAN, Japan and the Republic of Korea.  During the month, Vietnam spent US$17.8 billion on imports, down 1.6%. On seven-month calculation, the total imports soared 24% to US$118.3 billion. Therefore, its trade deficit reached US$300 million in July and roughly US$3.08 billion in seven months, or 2.7% of the total export.  The MoIT forecast that the total export revenue will near US$200 billion this year, marking a 13% increase annually. The total trade deficit will be about US$5 billion, or 2.5% of…... [read more]

Vietnam's rice export - Illustrative photo (Photo: VNA)       Hanoi (VNA) – Vietnam’s total export earnings hit 17.5 billion USD in July, bringing the seven-month total to 115.2 billion USD, up 18.7 percent annually, according to the Ministry of Industry and Trade (MoIT). In particular, agro-forestry-fisheries remained a key currency earner. After a Memorandum of Understanding on rice trade was extended in late May by the Vietnamese Ministry of Industry and Trade and the Bangladeshi Food Ministry, rice export has kept growing, ending the prolonged decline. Accordingly, Vietnam shipped 465,000 tonnes of rice worth 201 million USD abroad in July, pushing the total rice exports in seven months to 3.3 million tonnes valued at 1.5 billion USD, up 15.7 percent and 13.7 percent in volume and value, respectively. The country recently won a bid to export 175,000 tonnes of rice to the Philippines, slightly raising the domestic rice prices in the south. Fuel, minerals and processing industry with key items such as coal, crude oil, petroleum, apparel, leather and footwear, computers and cell phones continued moderate growth of 18.1 – 39.4 percent. The US remained the largest exporter with seven-month value of 23.4 billion USD, up 9.9 percent year-on-year. It was followed by the European Union, China, ASEAN, Japan and the Republic of Korea. During the month, Vietnam spent 17.8 billion USD on imports, down 1.6 percent. On seven-month calculation, the total imports…... [read more]

Viet Nam is taking part in an international auction being held today by Bangladesh on bids to import 50,000 tonnes of non-basmati parboiled rice. According to the tender, the imported rice would have to be shipped to Chittagong and Mongla ports within 40 days of the contract siganture. The rice has to have been harvested in the past year. In May, Viet Nam and Bangladesh decided to extend a memorandum of understanding (MoU) on rice trade, allowing Viet Nam to sell up to 1 million tonnes of rice to Bangladesh each year until 2022. After signing the deal, Bangladesh requested 300,000 tonnes of 5-per cent broken rice to reach its target of importing 500,000 tonnes by the end of 2017. Bangladesh has a population of more than 170 million with a low supply capacity unequal to its high consuming power. The country often faces disasters and bad harvest while Viet Nam’s rice production industry is seeking more markets.Viet Nam sold more than 300,000 tonnes of rice to Bangladesh in 2011 and 2012. According to the Ministry of Agriculture and Rural Development, Viet Nam’s rice exports in the first seven months of 2017 were estimated at 3.3 million tonnes and US$1.5 billion, up 15.7 per cent in volume and 13.7 per cent in value over the same period in 2016.  VNS... [read more]




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