Vietnamese, Lao provinces step up multifaceted cooperation

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]

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. — Photo doanhnghiepvn.vn 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…... [read more]

Deputy Minister of Foreign Affairs Dang Dinh Quy and his Bangladeshi counterpart Md. Shahidul Haque co-chaired the first political consultation between Vietnam and Bangladesh in Dhaka, Bangladesh, on August 6. Deputy Minister of Foreign Affairs Dang Dinh Quy On the political ties, the two sides agreed to speed up the exchange of high-level visits and the Bangladeshi side expressed their wish to soon welcome President Tran Dai Quang’s official visit. On the economic and investment sphere, they agreed to continuously facilitate their businesses’ market research and investment promotion, towards achieving the set two-way trade turnover goal of 1 billion USD. They pledged to speed up the implementation of the rice commercial deal in 2017-2022 and explore the possibility of cooperation in manufacturing and assembling motorbikes. Bangladesh suggested Vietnam consider importing its medicines and potatoes.  They affirmed that they will push for negotiations for the extension of the memorandum of understanding on agriculture cooperation inked in 2014 and share experience in agriculture and animal and fish farming. Regarding security-defence, Bangladesh proposed the two sides enhance the exchange of information related to anti-terrorism, share experience in maintenance of aircraft while agreeing with Vietnam’s proposal on sharing experience in participating in the United Nation peacekeeping missions. In addition to that, the two sides agreed to step up education cooperation, share experience in development and poverty reduction and sign a new cultural exchange programme, and study the opening of a direct flight route or share fight hops, aimed at boosting trade-investment cooperation and people’s…... [read more]

On the political ties, the two sides agreed to speed up the exchange of high-level visits and the Bangladeshi side expressed their wish to soon welcome President Tran Dai Quang’s official visit. On the economic and investment sphere, they agreed to continuously facilitate their businesses’ market research and investment promotion, towards achieving the set two-way trade turnover goal of US$1 billion. They pledged to speed up the implementation of the rice commercial deal in 2017-2022 and explore the possibility of cooperation in manufacturing and assembling motorbikes. Bangladesh suggested Vietnam consider importing its medicines and potatoes.  They affirmed that they will push for negotiations for the extension of the memorandum of understanding on agriculture cooperation inked in 2014 and share experience in agriculture and animal and fish farming. Regarding security-defence, Bangladesh proposed the two sides enhance the exchange of information related to anti-terrorism, share experience in maintenance of aircraft while agreeing with Vietnam’s proposal on sharing experience in participating in the United Nation peacekeeping missions. In addition to that, the two sides agreed to step up education cooperation, share experience in development and poverty reduction and sign a new cultural exchange programme, and study the opening of a direct flight route or share fight hops, aimed at boosting trade-investment cooperation and people’s contact. They asserted to work closely at regional and international forums and support each other at international organizations. Bangladesh noted down Vietnam’s proposal of supporting the country in…... [read more]

The MoU signing ceremony at the Tien Yen District’s investment promotion on Friday. — Photo baodautu.vn Eight memorandum of understandings were signed in the northern Quang Ninh Province’s Tien Yen District on Friday, for investment projects in waste treatment, poultry, breeding and sea port development. They are worth a total capital of VND1 trillion (US$44 million). The signings took place at the district’s Investment Promotion Conference, and were witnessed by 400 enterprises and economic organisations. Truong Cong Ngan, chairman of Tien Yen District People’s Committee, said it was the first such event and a good chance for domestic and foreign investors to better understand the district’ advantages and investment policies and explore investment opportunities. Local authorities will create as favourable conditions as possible for investors to implement projects in the district, he promised. Speaking at the event, Le Quang Tung, vice-chairman of Quang Ninh Province People’s Committee, said he hoped Tien Yen District would become an attractive destination for foreign investors as it has tremendous untapped potential in agro-fisheries and forestry, and local authorities are making a huge effort to improve its investment climate. Tien Yen District covers around 65,200ha and has a 35km coastline, and has favourable conditions to develop its agriculture, industry and tourism sectors. In the future, the district will open the South Tien Yen high-speed road and the 350-hectare Tien Yen Industrial Zone, as per its socio-economic development plan from now to 2030. — VNS …... [read more]

Deputy Prime Minister and Foreign Minister Pham Binh Minh (fourth, left), Chinese Foreign Minister Wang Yi and​ other foreign ministers pose for a photo at a meeting on August 6 (Photo: AFP/VNA) Manila (VNA) – The ASEAN and its 10 partner countries agreed several major cooperation plans at the ASEAN Post Ministerial Conference (PMC+1) sessions in Manila, the Philippines, on August 6. Deputy Prime Minister and Foreign Minister Pham Binh Minh led the Vietnamese delegation to the events, part of the 50th ASEAN Foreign Ministers’ Meeting (AMM 50) and related meetings. As Vietnam is the country coordinator of the ASEAN-India dialogue partnership, Minh and India’s Minister of State for External Affairs General Vijay Kumar Singh co-chaired the ASEAN-India Foreign Ministers’ Meeting. At the PMC+1 sessions, the foreign ministers from ASEAN and the 10 partner nations reviewed relations over the past year and devised plans for future cooperation.  They focused on economy, trade, investment, connectivity, development gap narrowing, climate change, natural disaster management, people-to-people exchange and education. They also discussed regional and international issues of shared concern. The dialogue partners congratulated ASEAN on its 50th founding anniversary and hailed the bloc’s achievements after almost two years since the ASEAN Community was established. They pledged to continue supporting ASEAN to enhance economic and regional connectivity, narrow development gaps and boost free and equal trade through existing free trade agreements (FTAs) and those with bigger framework such as the Regional Comprehensive Economic Partnership (RCEP). The partner…... [read more]




Links Topics : http://news.c10mt.com/2017/08/vietnamese-lao-provinces-step-up.html