HÀ NỘI — Prime Minister Phạm Minh Chính hosted a reception for visiting Executive Vice President of the European Commission (EC) Frans Timmermans in Hà Nội on Friday as the latter is on a three-day visit to Việt Nam.
The PM said that Việt Nam attached importance to the EU – one of the most important partners in Việt Nam’s external policy while expressing his pleasure with at sound development in the Việt Nam-EU comprehensive partnership and cooperation, with focus on collaboration in politics and diplomacy, trade and investment, development cooperation and security.
Despite COVID-19, two-way trade reached US$57 billion in 2021, a year-on-year increase of 14.5 per cent, contributing to maintaining the EU’s position as Việt Nam’s leading economic and development partner.
The PM suggested the two sides strengthen the exchange of delegations, especially high-level ones, and resume face-to-face meetings for cooperation mechanisms while proposing the EU facilitate the entry of Vietnamese goods to the European market, especially farm produce and seasonal fruits.
He also proposed the EU consider the removal of the EC’s yellow card warning imposed on Việt Nam’s fishing industry.
He asked for the acceleration of other EU member countries to complete the ratification of the EU-Việt Nam Investment Protection Agreement.
The PM thanked the EU and its member countries for their provision of vaccines, medical equipment and supplies to help Việt Nam control the COVID-19 pandemic.
He also suggested the EU and its member countries continue to help Việt Nam improve its healthcare capacity, develop the pharmaceutical industry, and provide medical equipment and necessary supplies, and COVID-19 treatment drugs.
Defining climate change adaptation as a key and urgent task, Việt Nam has been joining the international community in greenhouse gas emission reduction, Chinh said.
He said that the nation had seriously and quickly implemented its commitments made at the COP26 through the establishment of a national steering committee serving the work at the end of December last year.
He stated that with the principle of not trading the environment for economic growth, Việt Nam will soon complete its legal frameworks; develop specific plans, measures and roadmaps, and adjust related strategies and master plans; promote public-private cooperation and mobilise resources for climate change adaptation.
Commending the EU for considering climate change adaptation one of the three key matters in its cooperation programme with Việt Nam for 2021-27, the PM expressed his belief that the bloc’s climate strategies and policies will open up new cooperation opportunities for the two sides.
He suggested the EU and its member nations, as well as European firms and financial organisations, assist Việt Nam in terms of technology, human resources, finance and management capacity so that the nation can implement global commitments and initiatives on emission reduction and climate change adaptation.
They should also formulate and perfect laws on the environment; and improve capacity on natural disaster response in the context of climate change.
He also highlighted the necessity of establishing an equitable energy transition partnership with Việt Nam, similar to the model that the EU and European countries had signed with South Africa.
Timmermans said that the EU attached great importance to the comprehensive partnership with Việt Nam and hoped to further bolster the ties in prioritised areas such as trade, investment, sustainable development, environment and climate change response, science-technology and clean energy.
He lauded the strong commitments of Việt Nam that made important contributions to the success of the COP26, stating that the EU and its members hoped to accompany Việt Nam during the country’s sustainable development process and were willing to share experience, give technical support to and mobilise resources for Việt Nam to realise its commitments while supporting the country to become self-reliant in energy.
PM Chính and his guest also discussed international and regional issues, including the settlement of the South China Sea issue through peaceful measures concerning international law and the 1982 UN Convention on the Law of the Sea.
They agreed on more collaboration through such mechanisms as ASEM and the ASEAN-EU Strategic Partnership while working together to grasp cooperation opportunities and deal with common challenges, especially those regarding the environment, climate change, green and digital transformation, infrastructure connectivity, health care and gender equality.
PM Chính took the occasion to extend his invitation to EC President Ursula von der Leyen to visit Việt Nam. —
Vietnamese PM rings opening bell at NYSE
Vietnamese Prime Minister Pham Minh Chinh visited the New York Stock Exchange (NYSE) in New York City on Thursday morning (local time) and rang the bell to mark the start of the stock trading day.
The top Vietnamese official paid his NYSE visit at the invitation of NYSE leaders.
NYSE vice chairman John Tuttle and PM Chinh spoke briefly before the Vietnamese Premier rang the opening bell at 9:30 am.
PM Chinh said that he was honored to be invited to the NYSE building for the second time to ring the bell.
He also shared that he was impressed by the stock exchange’s current capitalization of US$40,000 billion.
PM Chinh last visited the NYSE, the largest stock exchange in the world, in May 2022 to ring the closing bell.
The prime minister proposed the NYSE encourage U.S. firms to make investments in Vietnam and help connect the Vietnamese stock exchanges with the NYSE and other top stock exchanges worldwide.
PM Chinh also assigned the State Securities Commission of Vietnam to partner with the NYSE to sign a memorandum of understanding on technical support and human training.
The Vietnamese government leader expects to host NYSE leaders in Vietnam by the end of the year.
|Prime Minister Pham Minh Chinh (C) writes in a memorial notebook at the NYSE. Photo: Nhat Bac / Tuoi Tre|
Tuttle used the opportunity to share his appreciation for the Vietnamese market, noting that U.S. firms have shown much interest in Vietnam.
He affirmed that the NYSE is willing to help Vietnamese enterprises list their stocks on the exchange.
The NYSE representative also told the prime minister that he will visit Vietnam as soon as possible.
PM Chinh and a high-ranking delegation of Vietnam are on a visit to the United States to attend the high-level General Debate of the 78th United Nations General Assembly (UNGA) session and other activities.
His U.S. trip, which is set to last until Saturday, was made following the upgrade of the Vietnam – U.S. relationship.
Vietnam and the U.S. announced the elevation of their bilateral relations to comprehensive strategic partnership, the highest level in the Southeast Asian country’s international relations, after talks between General Secretary of the Communist Party of Vietnam Nguyen Phu Trong and U.S. President Joe Biden in Hanoi on September 10.
Japanese Crown Prince visits late President Ho Chi Minh’s stilt house
Japanese Crown Prince Akishino and Crown Princess Kiko, together with Vice-State President Vo Thi Anh Xuan, paid a visit to late President Ho Chi Minh’s stilt house and fish pond on Thursday morning.
Their jaunt was taken after talks between the top Vietnamese official and Japan’s crown prince.
Vice-State President Xuan chaired a welcome ceremony for Akishino and Kiko at the Presidential Palace in Hanoi on Thursday morning.
The stilt house and fish pond are situated in the late President Ho Chi Minh relic site. These places were the late president’s living and working space.
The visit to the relic site was part of Akishino’s ongoing Vietnam trip, which will last until Monday next week.
|Crown Prince Akishino, 58, is the younger brother of Emperor Naruhito. He was declared first in line to the chrysanthemum throne in 2020. This is the third time the Japanese crown prince has visited Vietnam. Photo: Nguyen Khanh / Tuoi Tre|
|Akishino is set to meet other top Vietnamese officials such as Deputy Prime Minister Tran Luu Quang and State President Vo Van Thuong during his Vietnam visit. Photo: Nguyen Khanh / Tuoi Tre|
|Vice-State President Vo Thi Anh Xuan, Japanese Crown Prince Akishino and Crown Princess Kiko are introduced to the history of late President Ho Chi Minh’s stilt house, which was built in 1958. The house is 10.5 meters long and 6.2 meters wide. Photo: Nguyen Khanh / Tuoi Tre|
|Vice-State President Vo Thi Anh Xuan (R), Japanese Crown Prince Akishino (C) and Crown Princess Kiko (L) are pictured feeding fish in late President Ho Chi Minh’s fish pond. The fish pond covers an area of more than 3,000 square meters. Photo: Nguyen Khanh / Tuoi Tre|
|Japanese Crown Prince Akishino takes photos of the precinct of late President Ho Chi Minh’s stilt house. Photo: Nguyen Khanh / Tuoi Tre|
Vietnam reiterates net-zero emission goal, supports global health priorities
Vietnam is determined to meet its commitment of a net-zero emission target by 2050 and support global health security priorities, Prime Minister Pham Minh Chinh told two United Nations summits in New York, the U.S., on Wednesday.
The Vietnamese leader kicked off his first activities at the United Nations headquarters by attending two summits on climate change response and preparations for future pandemics, as part of his seven-day trip to the U.S. for the high-level General Debate of the 78th United Nations General Assembly (UNGA) session and other activities.
Cutting emissions by 43.5 percent by 2030
Speaking at the UN Climate Ambition Summit, where leaders of countries and international organizations expressed their concern about the severe impacts of climate change, PM Chinh stressed that addressing climate change impacts requires a global and all-people approach, with more urgent and stronger actions.
The PM proposed accelerating a fair and just green energy transition, which takes people as its center and leaves no one behind.
Developed countries and international organizations should put the Loss and Damage Fund into operation at COP28 as committed to supporting developing and underdeveloped countries to overcome the consequences of climate change, Chinh told the summit.
He also called for more assistance for developing countries and underdeveloped countries in developing green technologies, green finance, and renewable energy industries.
Many other delegates affirmed that responding to climate change is a shared responsibility, which requires every country to reduce the use of fossil fuels while making a fair green transition as soon as possible.
UN Secretary General Antonio Guterres called on high-emitting countries to take the lead in reducing greenhouse gas emissions, with developed countries and large emerging economies required to achieve net zero emissions by 2040 and 2050, respectively.
Sharing the same view, PM Chinh said Vietnam, with support from the international community, will strive to cut greenhouse gas emissions by 43.5 percent by 2030 and obtain a renewable energy ratio of more than 70 percent by 2050.
“Even though being a developing country still facing many difficulties, Vietnam, with the spirit of supporting a green Earth, is determined to fulfill its commitment, raised at COP26, to achieving net zero emissions by 2050,” Chinh affirmed.
Supporting global health security priorities
While attending the UN High-Level Meeting (HLM) on Pandemic Prevention, Preparedness and Response (PPPR) on Wednesday afternoon, PM Chinh emphasized the extremely serious consequences of the COVID-19 pandemic.
He called on the international community to take action soon so that future generations do not have to suffer from similar terrible epidemics.
The PM proposed prioritizing increasing timely and equitable access to vaccines, improving the capacity of grassroots and preventive health, promoting transfer of vaccine and drug technologies, and providing financial support for developing and underdeveloped countries.
He affirmed that Vietnam supports making global health security a priority in all policies to help early detect, timely respond to and effectively drive back epidemics in the future.
From the COVID-19 experience, delegates called for increased international cooperation and coordination at the highest level to ensure equitable and timely access to pandemic-related medical products.
They also proposed removing trade barriers and strengthening supply chains to facilitate the transportation of vaccines, drugs and other public health products.
Delegates unanimously passed a political declaration on pandemic preparedness and response, and agreed to hold a high-level conference in 2026 to evaluate the implementation of the declaration.
This year’s HLM on PPPR was convened by the UN based on an initiative raised by Vietnam and some other countries and was approved by the UN General Assembly in September 2022.
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