PM Nguyễn Xuân Phúc meets Russian President Vladimir Putin in Moscow on Wednesday (Moscow time). VNA/VNS Photo Thống Nhất MOSCOW — Việt Nam and Russia have the potential to grow their relationship and should strive for two-way trade value of US$10 billion by 2020, said Prime Minister Nguyễn Xuân Phúc and President Vladimir Putin during their meeting in Moscow on Wednesday (Moscow time). President Putin said the countries' comprehensive strategic partnership is based on a high level of trust. He welcomed the official visit by PM Phúc as the two countries are organising activities to mark 25 years since the signing of the treaty on basic principles for the friendship and the 70th anniversary of diplomatic ties. PM Phúc said he was happy to visit Russia again, and that Việt Nam treasures the relationship and the valuable support provided by the Russian people today and … [Read more...] about PM Nguyễn Xuân Phúc meets Russian President Vladimir Putin
Foreign investment pumped heavily into Vietnam
According to the Ministry of Planning and Investment, there were 1,082 newly-registered projects across the country with total investment of $5.34 billion, up 50.4 percent. In addition, there were 1,653 turns of capital contribution and purchase of shares of foreign investors with total contributed capital of $5.68 billion, three times higher than the same period last year, accounting for 52.6 percent of total registered capital. Moreover, 395 existing projects were injected with $2.11 billion, equivalent to 94 percent of that in the same period last year. Economic experts said that the most unexpected thing in investment activity since the beginning of this year was a change in the position of leading countries. Accordingly, Japan was no longer the largest investor in both volume and value in Vietnam’s market, replaced by Hong Kong (China) with $5 billion, accounting for 33 percent of total investment. South Korea followed with $1.98 billion, accounting for 13.6 percent. … [Read more...] about Foreign investment pumped heavily into Vietnam
Việt Nam treasures relations with US
Deputy Prime Minister and Minister of Foreign Affairs Phạm Bình Minh meets US Secretary of State Mike Pompeo in Washington on Wednesday. — VNA/VNS Photo Đặng Huyền WASHINGTON D.C — Việt Nam treasured its relations with the US and was ready to discuss measures to deepen the comprehensive partnership on the basis of respecting independence, sovereignty, territorial integrity and political systems, said Deputy Prime Minister and Minister of Foreign Affairs Phạm Bình Minh. Minh made the statement while meeting US Secretary of State Mike Pompeo, US Deputy National Security Advisor Charles Kupperman and assistant to the US President Keith Kellogg in Washington on Wednesday. Minh said he was happy with the positive developments of Việt Nam-US relations, saying both sides hold huge potential in bilateral, regional and international co-operation, so they should maintain sound trade ties and enhance collaboration in … [Read more...] about Việt Nam treasures relations with US
HCMC learns about artificial intelligence in Germany
At the working, the city Party chief expressed his pleasure at blossomed friendly cooperation ties between Vietnam and the Federal Republic of Germany via recent visits of Vietnamese Deputy Prime Minister cum Foreign Minister Pham Binh Minh in February, Federal Minister for Economic Affairs and Energy Peter Altmaier in March, 2019. Germany chose Ho Chi Minh City as the first locality to deploy construction project of German House that affirmed Vietnam including Ho Chi Minh City being one of the country’s the most important partners in the Southeast Asian region. During the visit, Secretary of HCMC Party Committee Nguyen Thien Nhan introduced the city’s development and he shared that this visit not only contributes to fostering comprehensive relations with European partners but also brings a favorable opportunity to learn development experiences about planning, creative urban development, human resource training, improving the education quality and cultural … [Read more...] about HCMC learns about artificial intelligence in Germany
Ca Mau takes steps towards tourism expansion
The southernmost province of Ca Mau has taken steps to tap into its potential and make the most of its advantages towards speeding up tourism development. Visitors at U Minh Ha National Park (Photo: VNA) In recent years, Ca Mau has seen an annual growth of 12-14 percent in the number of tourists. In 2017, the province welcomed over 1.2 million visitors, up 61.29 percent against 2010, with tourism revenue rising 3.5 times during this period. In 2018, Ca Mau served more than 1.4 million tourists, a rise of 16 percent year-on-year, with a revenue of 2.2 trillion VND (94.6 million USD). Major tourism routes of the locality include Ca Mau-U Minh Ha National Park-Hon Da Bac, Ca Mau-Song Trem eco-tourism area, and Ca Mau-Mui Ca Mau National Park-Dat Mui Tourist Site. Thanks to a developed and connected road system, the province has formed four tourist areas and 14 community-based eco-tourism sites. In the five years since Mui Ca Mai National Park launched its community-based … [Read more...] about Ca Mau takes steps towards tourism expansion