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People should be the centre of regional development: Deputy PM

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Deputy Prime Minister Vũ Đức Đam speaks at a high-level discussion during the 78th annual meeting of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) on Monday in Bangkok, Thailand. VNA/ Photos Ngọc Quang

BANGKOK — Deputy Prime Minister Vũ Đức Đam on Monday highlighted a number of focus areas for cooperation between Asia and the Pacific.

He was attending a high-level discussion during the 78th annual meeting of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in Bangkok, Thailand.

The meeting takes place during May 23-25, with 700 senior leaders and representatives of 51 member countries and territories of ESCAP.

President of the United Nations General Assembly Abdulla Shahid and United Nations Secretary-General Antonio Guterres were also present.

The theme of this year’s session is “A common agenda to advance sustainable development in Asia and the Pacific”.

Speaking at the event, Deputy PM Đam stressed the importance of the meeting as a marker of ESCAP’s 75th founding anniversary and highlighted the commission’s contribution to the socio-economic development of the region.

He also expressed deep concerns about the effects COVID-19 has left, as well as the challenges brought about by climate change and natural disasters to the economic recovery processes of ESCAP members, which are preventing them from advancing the 2030 Agenda for Sustainable Development.

In that context, the Vietnamese official proposed three cooperation areas that the region should focus on in the near future.

They should place the people at the centre of all development activities, build a social security system that provides jobs and income for all, and make sure everyone has full access to basic services, he said.

They should increase regional connections, especially in transportation, energy, and information and communication technology to ensure supply chains are resilient, and also promote digital transformation to reduce the digital gap between countries.

They should also promote innovation and mobilise resources to implement initiatives to transform growth models, reduce carbon emissions, and develop circular economies to respond to climate change.

The Deputy PM also highlighted Việt Nam’s socio-economic development achievements and the implementation of the United Nations Agenda for Sustainable Development. The country ranked 51st out of 165 countries in implementing the Sustainable Development Goals in 2021, up about 30 places from five years ago.

He expressed his gratitude and hope to continue receiving cooperation and support from the international community, including the United Nations and ESCAP. It will help Việt Nam achieve the development goals and realise the commitments that Prime Minister Phạm Minh Chính made at the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), Đam said.

He emphasised that Việt Nam would continue to contribute in a proactive, active and responsible manner to ensure peace, stability, and development of the region and around the world, and make sure it’s a sustainable and inclusive development that leaves no one behind.

The Deputy PM meets with Armida Salsiah Alisjahbana, United Nations Under-Secretary-General and Executive Secretary of ESCAP, as part of the meeting.

As part of the session, Đam also had a meeting with Armida Salsiah Alisjahbana, United Nations Under-Secretary-General and Executive Secretary of ESCAP, during which he asked ESCAP to increase support to developing countries, Việt Nam included, in actualising the Sustainable Development Goals.

Alisjahbana expressed her appreciation towards Việt Nam’s role and contributions in ESCAP, and confirmed that the commission is more than willing to increase support for Việt Nam’s development, especially through training and strengthening data systems.

Established in 1947, ESCAP is one of the five Regional Committees under the Economic and Social Council of the UN, assigned to support socio-economic development in the Asia-Pacific region.

It has 53 full members and nine associate members.

Source: https://vietnamnews.vn/politics-laws/1204366/people-should-be-the-centre-of-regional-development-deputy-pm.html

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Vietnam, S.Korea aim to boost bilateral trade to $100bn this year

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Vietnam and South Korea have agreed to promote two-way trade to US$100 billion within this year and $150 billion by 2030 in a more sustainable and balanced manner by making the best use of existing bilateral and multilateral trade deals.

The agreement was reached on Tuesday during the talks between Vietnamese Prime Minister Pham Minh Chinh and South Korean Speaker Kim Jin-pyo, who is on a visit to Vietnam at the invitation of Vietnam’s National Assembly Chairman Vuong Dinh Hue, the Vietnam Government Portal reported.

The two sides expressed their pleasure that the two countries’ relations have fruitfully developed in all fields after 30 years of establishing diplomatic relations.

In the context of rapid and complicated changes in the world and regional situation, including the impact of the COVID-19 pandemic, the relationship between the two countries continues to maintain a stable development momentum, and the mutual political trust has been continuously strengthened.

Currently, South Korea holds the number-one position in foreign direct investment in Vietnam with a total capital of US$80.5 billion, with about 8,000 enterprises doing business in the Southeast Asia nation.

The Northeast Asian country also ranks second in development, tourism, and labor cooperation, and third in terms of trade cooperation with Vietnam, with a trade value of $88 billion in 2022.

Despite the heavy impacts of the COVID-19 pandemic, both countries gained a two-way trade turnover of $80.6 billion in 2021, much higher than the $500 million recorded 30 years ago, South Korean Consul General in Da Nang Ahn Min Sik said at a seminar last year.

Based on such a good outcome, the host and guest agreed to boost two-way trade to $100 billion this year and $150 billion seven years later, in a balanced and sustainable way, based on the effective implementation of the Vietnam – Korea Bilateral Free Trade Agreement (VKFTA) and the Regional Comprehensive Economic Partnership (RCEP).

PM Chinh asked the South Korean government to streamline the entry of Vietnamese agricultural and aquatic products, seafood, and seasonal fruits into the South Korean market.

He also proposed the two sides strengthen stable, long-term, and sustainable goods exchange, and strive to balance their trade because currently South Korea has a trade surplus. 

The Vietnamese government chief affirmed that Vietnam welcomes South Korean businesses to expand their investment in Vietnam, especially in science, technology, innovation, green economy, digital economy, digital transformation, clean energy, smart city, and ecological urbanism.

Vietnam always considers South Korea an important and long-term strategic partner for the common interests of the two countries and peoples and for stability and peace in the region and the world, PM Chinh told his guest.

A meeting between the two delegations of South Korea and Vietnam led by South Korean Speaker Kim Jin-pyo and Vietnamese Prime Minister Pham Minh Chinh, respectively, in Hanoi on January 17, 2023. Photo: Vietnam Government Portal

A meeting between the two delegations of South Korea and Vietnam led by South Korean Speaker Kim Jin-pyo and Vietnamese Prime Minister Pham Minh Chinh, respectively, in Hanoi on January 17, 2023. Photo: Vietnam Government Portal

The host congratulated South Korea on its achievements in national construction and development and extended his thanks to its state, National Assembly, and people for always giving valuable, practical, and effective support to Vietnam in the past time.

Speaker Kim praised Vietnam for continuing to have high and solid economic growth in difficult conditions and wished Vietnam to achieve its goal of becoming a developing country with modern industry and a high average income by 2030.

The guest thanked the Vietnamese government for always paying attention to the development of the South Korean business community in Vietnam.

He said that PM Chinh previously had two dialogues with South Korean businesses to listen to their opinions and remove obstacles facing them in Vietnam.

Kim wished that the Vietnamese government would support South Korea to host the 2030 World Expo (World Expo 2030) in Busan, continue to create favorable conditions for Korean enterprises to operate effectively in Vietnam and for South Korean citizens to travel, do business, and live in the Southeast Asian country.

He also proposed that Hanoi cooperate with Seoul in rare earth production, and support the expansion of South Korean educational institutions in Vietnam.

PM Chinh wished South Korea would continue to provide ODA for Vietnam, expand the admission of Vietnamese workers in nursing, information technology, healthcare, and soon implement the Social Insurance Agreement between Vietnam and South Korea, contributing to ensuring the rights of workers in each country.

Vietnam will create all favorable conditions for the South Korean community to live, study, and work stably in Vietnam, PM Chinh said, adding he hoped the South Korean government would continue to support and protect the legitimate interests of Vietnamese nationals who are living and doing business in South Korea.

The Vietnamese government chief suggested the two sides promote effective cooperation in all fields within the framework of their ‘Comprehensive Strategic Partnership’ announced in December last year, including South Korea’s assistance for Vietnam to improve the capability of its law enforcement at sea. 

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Vietnam and South Korea have agreed to promote two-way trade to US$100 billion within this year and $150 billion by 2030 in a more sustainable and balanced manner by making the best use of existing bilateral and multilateral trade deals.

The agreement was reached on Tuesday during the talks between Vietnamese Prime Minister Pham Minh Chinh and South Korean Speaker Kim Jin-pyo, who is on a visit to Vietnam at the invitation of Vietnam’s National Assembly Chairman Vuong Dinh Hue, the Vietnam Government Portal reported.

The two sides expressed their pleasure that the two countries’ relations have fruitfully developed in all fields after 30 years of establishing diplomatic relations.

In the context of rapid and complicated changes in the world and regional situation, including the impact of the COVID-19 pandemic, the relationship between the two countries continues to maintain a stable development momentum, and the mutual political trust has been continuously strengthened.

Currently, South Korea holds the number-one position in foreign direct investment in Vietnam with a total capital of US$80.5 billion, with about 8,000 enterprises doing business in the Southeast Asia nation.

The Northeast Asian country also ranks second in development, tourism, and labor cooperation, and third in terms of trade cooperation with Vietnam, with a trade value of $88 billion in 2022.

Despite the heavy impacts of the COVID-19 pandemic, both countries gained a two-way trade turnover of $80.6 billion in 2021, much higher than the $500 million recorded 30 years ago, South Korean Consul General in Da Nang Ahn Min Sik said at a seminar last year.

Based on such a good outcome, the host and guest agreed to boost two-way trade to $100 billion this year and $150 billion seven years later, in a balanced and sustainable way, based on the effective implementation of the Vietnam – Korea Bilateral Free Trade Agreement (VKFTA) and the Regional Comprehensive Economic Partnership (RCEP).

PM Chinh asked the South Korean government to streamline the entry of Vietnamese agricultural and aquatic products, seafood, and seasonal fruits into the South Korean market.

He also proposed the two sides strengthen stable, long-term, and sustainable goods exchange, and strive to balance their trade because currently South Korea has a trade surplus. 

The Vietnamese government chief affirmed that Vietnam welcomes South Korean businesses to expand their investment in Vietnam, especially in science, technology, innovation, green economy, digital economy, digital transformation, clean energy, smart city, and ecological urbanism.

Vietnam always considers South Korea an important and long-term strategic partner for the common interests of the two countries and peoples and for stability and peace in the region and the world, PM Chinh told his guest.

A meeting between the two delegations of South Korea and Vietnam led by South Korean Speaker Kim Jin-pyo and Vietnamese Prime Minister Pham Minh Chinh, respectively, in Hanoi on January 17, 2023. Photo: Vietnam Government Portal

A meeting between the two delegations of South Korea and Vietnam led by South Korean Speaker Kim Jin-pyo and Vietnamese Prime Minister Pham Minh Chinh, respectively, in Hanoi on January 17, 2023. Photo: Vietnam Government Portal

The host congratulated South Korea on its achievements in national construction and development and extended his thanks to its state, National Assembly, and people for always giving valuable, practical, and effective support to Vietnam in the past time.

Speaker Kim praised Vietnam for continuing to have high and solid economic growth in difficult conditions and wished Vietnam to achieve its goal of becoming a developing country with modern industry and a high average income by 2030.

The guest thanked the Vietnamese government for always paying attention to the development of the South Korean business community in Vietnam.

He said that PM Chinh previously had two dialogues with South Korean businesses to listen to their opinions and remove obstacles facing them in Vietnam.

Kim wished that the Vietnamese government would support South Korea to host the 2030 World Expo (World Expo 2030) in Busan, continue to create favorable conditions for Korean enterprises to operate effectively in Vietnam and for South Korean citizens to travel, do business, and live in the Southeast Asian country.

He also proposed that Hanoi cooperate with Seoul in rare earth production, and support the expansion of South Korean educational institutions in Vietnam.

PM Chinh wished South Korea would continue to provide ODA for Vietnam, expand the admission of Vietnamese workers in nursing, information technology, healthcare, and soon implement the Social Insurance Agreement between Vietnam and South Korea, contributing to ensuring the rights of workers in each country.

Vietnam will create all favorable conditions for the South Korean community to live, study, and work stably in Vietnam, PM Chinh said, adding he hoped the South Korean government would continue to support and protect the legitimate interests of Vietnamese nationals who are living and doing business in South Korea.

The Vietnamese government chief suggested the two sides promote effective cooperation in all fields within the framework of their ‘Comprehensive Strategic Partnership’ announced in December last year, including South Korea’s assistance for Vietnam to improve the capability of its law enforcement at sea. 

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Source: https://tuoitrenews.vn/news/politics/20230119/vietnam-skorea-aim-to-boost-bilateral-trade-to-100bn-this-year/71047.html

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Vietnam’s Vice-President Vo Thi Anh Xuan named acting head of state

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Vietnam’s Vice-State President Vo Thi Anh Xuan was appointed Acting State President of Vietnam on Wednesday following the resignation of State President Nguyen Xuan Phuc, according to the Vietnamese legislature’s announcement.

Xuan will remain Acting State President until the lawmaking National Assembly (NA) elects a new head of state, NA Chairman Vuong Dinh Hue said in a notice he signed on behalf of the NA Standing Committee on Wednesday.

The notice was released under Resolution No. 83/2023/QH15 adopted at the 15th NA’s third extraordinary meeting on the same day, pursuant to the Constitution and the Law on the Organization of the NA.

Xuan’s appointment came after the Vietnamese Party Central Committee (PCC) on Tuesday agreed to let Phuc retire and quit the posts of a member of the Politburo and of the 13th PCC upon his request.

He also left the position as chairman of the Council of National Defense and Security.

A similar designation previously happened when State President Tran Dai Quang died of illness in September 2018 and then-Vice State President Dang Thi Ngoc Thinh served as interim president.

Xuan, born in 1970 in southern An Giang Province, is a member of the 12th and 13th PCC.

With a bachelor’s degree in chemistry pedagogy and a master’s in public governance, Xuan used to work as a high school teacher in An Giang, and then a research specialist of the provincial Party Committee Office.

From August 2001 to January 2013, she worked as vice-president and then president of the An Giang Province Women’s Union, deputy head of the Provincial Party Committee’s Mass Mobilization Department, and secretary of the Party Committee of An Giang’s Tan Chau Town.

In February 2013, she was deputy chairwoman of the An Giang administration and then deputy secretary of the provincial Party Committee.

She became Party Committee secretary of An Giang in October 2015 before being voted as Vice-State President in April 2021.

Nguyen Xuan Phuc, while holding the post of the prime minister in the 2016-21 tenure, made great efforts in leading Vietnam’s COVID-19 pandemic prevention and control, gaining many important achievements.

However, he must take the political responsibility as the government chief when many high-ranking officials, including two deputy prime ministers and three ministers, committed violations and wrongdoings, causing serious consequences. 

Aware of his responsibility before the Party and the people, he handed in his resignation, which was accepted by the PCC.

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Vietnam’s Vice-State President Vo Thi Anh Xuan was appointed Acting State President of Vietnam on Wednesday following the resignation of State President Nguyen Xuan Phuc, according to the Vietnamese legislature’s announcement.

Xuan will remain Acting State President until the lawmaking National Assembly (NA) elects a new head of state, NA Chairman Vuong Dinh Hue said in a notice he signed on behalf of the NA Standing Committee on Wednesday.

The notice was released under Resolution No. 83/2023/QH15 adopted at the 15th NA’s third extraordinary meeting on the same day, pursuant to the Constitution and the Law on the Organization of the NA.

Xuan’s appointment came after the Vietnamese Party Central Committee (PCC) on Tuesday agreed to let Phuc retire and quit the posts of a member of the Politburo and of the 13th PCC upon his request.

He also left the position as chairman of the Council of National Defense and Security.

A similar designation previously happened when State President Tran Dai Quang died of illness in September 2018 and then-Vice State President Dang Thi Ngoc Thinh served as interim president.

Xuan, born in 1970 in southern An Giang Province, is a member of the 12th and 13th PCC.

With a bachelor’s degree in chemistry pedagogy and a master’s in public governance, Xuan used to work as a high school teacher in An Giang, and then a research specialist of the provincial Party Committee Office.

From August 2001 to January 2013, she worked as vice-president and then president of the An Giang Province Women’s Union, deputy head of the Provincial Party Committee’s Mass Mobilization Department, and secretary of the Party Committee of An Giang’s Tan Chau Town.

In February 2013, she was deputy chairwoman of the An Giang administration and then deputy secretary of the provincial Party Committee.

She became Party Committee secretary of An Giang in October 2015 before being voted as Vice-State President in April 2021.

Nguyen Xuan Phuc, while holding the post of the prime minister in the 2016-21 tenure, made great efforts in leading Vietnam’s COVID-19 pandemic prevention and control, gaining many important achievements.

However, he must take the political responsibility as the government chief when many high-ranking officials, including two deputy prime ministers and three ministers, committed violations and wrongdoings, causing serious consequences. 

Aware of his responsibility before the Party and the people, he handed in his resignation, which was accepted by the PCC.

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Source: https://tuoitrenews.vn/news/politics/20230119/vietnams-vicepresident-vo-thi-anh-xuan-named-acting-head-of-state/71046.html

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Switzerland to assist Vietnam in shifting to digital economy, green growth

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Switzerland will support Vietnam in practicing digital transformation toward a digital economy and green growth, Guy Parmelin, member of the Swiss Federal Council and head of the Federal Department of Economic Affairs, Education and Research, affirmed on Monday.

Federal Councilor Parmelin made the affirmation at his talks with Vietnamese Deputy Prime Minister Tran Hong Ha, who is in Switzerland to attend the five-day World Economic Forum’s Annual Meeting, which kicked off in Davos the same day, according to the Vietnam News Agency.

The host and guest expressed their delight at the good development of the traditional friendship between Vietnam and Switzerland over the past 50 years, especially in politics, diplomacy, economics, development cooperation, science and technology, and education and training.

The increasing two-way trade between the two countries reached US$721.3 million in January-November, and Switzerland now has 197 active foreign direct investment (FDI) projects in Vietnam worth a combined $1.89 billion, ranking 21st out of 140 countries and territories investing in the Southeast Asian country, deputy PM Ha said. 

With a market of nearly 100 million people and 15 free trade agreements (FTAs) having been signed with its partners in the world, Vietnam has become an attractive market offering great opportunities for economic, trade, and investment cooperation to foreign investors, Ha told his host.

In such a context, Vietnam is now transforming its economy to a new model of digital, circular, and low-carbon economy to attain sustainable and green development, Ha said.

The Vietnamese official suggested that Swiss investors engage in projects with new, advanced, and clean technology and those in environmental protection, innovation, and modern administration in Vietnam.

Ha asked his guest to facilitate Swiss entrepreneurs in doing long-term business in Vietnam, especially in such areas as finance, banking, insurance, manufacturing, pharmaceuticals, agricultural product processing, renewable energy, and tourism.

Regarding green growth, deputy PM Ha said Vietnam is in transition from fossil energy to renewable energy to reduce CO2 emissions toward fulfilling its international commitment to reduce net emissions to zero by 2050. 

He therefore hoped that Switzerland would participate in helping reduce emissions in developing countries including Vietnam. 

Federal Councilor Parmelin highly appreciated Vietnam’s commitment to net-zero emissions and congratulated the nation on achieving a Fair Energy Transition Partnership (JETP) with G7 countries and partners. 

The host pledged that Switzeland will assist Vietnam in transitioning to a circular economy and practicing circular production and digital transformation toward a digital economy and green and sustainable development.

Deputy PM Ha suggested that Switzerland continue to coordinate with Vietnam to promote the negotiation of an FTA between Vietnam and the European Free Trade Association (EFTA) and affirmed that Vietnam is ready to become a bridge for EFTA to access and expand its markets in the ASEAN region.

The guest also congratulated Switzerland on being elected as a non-permanent member of the United Nations Security Council for the first time. 

The two sides agreed to strengthen mutual coordination and support at multilateral forums and international organizations.

Deputy PM Ha asked the Swiss government to create favorable conditions for the Vietnamese community in Switzerland to stabilize their lives and integrate into the host society.

After the talks, the host and guest co-chaired an exchange session with Swiss businesses and investors, at which leaders of many leading Swiss corporations expressed their impression with Vietnam’s economic recovery from the COVID-19 pandemic and lauded Vietnam’s growth prospects in the coming time.

These enterprises expressed their desire to expand their investment and promote business cooperation in Vietnam.

Deputy PM Ha answered all the questions raised by the host businesses in relation to doing business and making investment in Vietnam.

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Switzerland will support Vietnam in practicing digital transformation toward a digital economy and green growth, Guy Parmelin, member of the Swiss Federal Council and head of the Federal Department of Economic Affairs, Education and Research, affirmed on Monday.

Federal Councilor Parmelin made the affirmation at his talks with Vietnamese Deputy Prime Minister Tran Hong Ha, who is in Switzerland to attend the five-day World Economic Forum’s Annual Meeting, which kicked off in Davos the same day, according to the Vietnam News Agency.

The host and guest expressed their delight at the good development of the traditional friendship between Vietnam and Switzerland over the past 50 years, especially in politics, diplomacy, economics, development cooperation, science and technology, and education and training.

The increasing two-way trade between the two countries reached US$721.3 million in January-November, and Switzerland now has 197 active foreign direct investment (FDI) projects in Vietnam worth a combined $1.89 billion, ranking 21st out of 140 countries and territories investing in the Southeast Asian country, deputy PM Ha said. 

With a market of nearly 100 million people and 15 free trade agreements (FTAs) having been signed with its partners in the world, Vietnam has become an attractive market offering great opportunities for economic, trade, and investment cooperation to foreign investors, Ha told his host.

In such a context, Vietnam is now transforming its economy to a new model of digital, circular, and low-carbon economy to attain sustainable and green development, Ha said.

The Vietnamese official suggested that Swiss investors engage in projects with new, advanced, and clean technology and those in environmental protection, innovation, and modern administration in Vietnam.

Ha asked his guest to facilitate Swiss entrepreneurs in doing long-term business in Vietnam, especially in such areas as finance, banking, insurance, manufacturing, pharmaceuticals, agricultural product processing, renewable energy, and tourism.

Regarding green growth, deputy PM Ha said Vietnam is in transition from fossil energy to renewable energy to reduce CO2 emissions toward fulfilling its international commitment to reduce net emissions to zero by 2050. 

He therefore hoped that Switzerland would participate in helping reduce emissions in developing countries including Vietnam. 

Federal Councilor Parmelin highly appreciated Vietnam’s commitment to net-zero emissions and congratulated the nation on achieving a Fair Energy Transition Partnership (JETP) with G7 countries and partners. 

The host pledged that Switzeland will assist Vietnam in transitioning to a circular economy and practicing circular production and digital transformation toward a digital economy and green and sustainable development.

Deputy PM Ha suggested that Switzerland continue to coordinate with Vietnam to promote the negotiation of an FTA between Vietnam and the European Free Trade Association (EFTA) and affirmed that Vietnam is ready to become a bridge for EFTA to access and expand its markets in the ASEAN region.

The guest also congratulated Switzerland on being elected as a non-permanent member of the United Nations Security Council for the first time. 

The two sides agreed to strengthen mutual coordination and support at multilateral forums and international organizations.

Deputy PM Ha asked the Swiss government to create favorable conditions for the Vietnamese community in Switzerland to stabilize their lives and integrate into the host society.

After the talks, the host and guest co-chaired an exchange session with Swiss businesses and investors, at which leaders of many leading Swiss corporations expressed their impression with Vietnam’s economic recovery from the COVID-19 pandemic and lauded Vietnam’s growth prospects in the coming time.

These enterprises expressed their desire to expand their investment and promote business cooperation in Vietnam.

Deputy PM Ha answered all the questions raised by the host businesses in relation to doing business and making investment in Vietnam.

Like us on Facebook or  follow us on Twitter to get the latest news about Vietnam!

Source: https://tuoitrenews.vn/news/politics/20230117/switzerland-to-assist-vietnam-in-shifting-to-digital-economy-green-growth/71031.html

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