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Slovenia appreciates Vietnam’s investment climate

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The Slovenian government highly values Vietnam’s advantages of robust market growth, human resources, and business and investment environment, Slovenian Deputy Prime Minister and Foreign Minister Tanja Fajon told a meeting with Vietnamese Prime Minister Pham Minh Chinh on Tuesday.

Many leading Slovenian firms have shown interest in the Vietnamese market and have entered the country to sound out cooperation and investment opportunities, said the Slovenian foreign minister.

She affirmed that Slovenia always expects to deepen the traditional friendship and partnership with Vietnam, which is one of the former’s key trade partners.

At the reception for the top Slovenian official, Prime Minister Chinh underscored that Vietnam attaches much significance to the multifaceted cooperation with Slovenia.

The prime minister proposed Slovenia further smooth the path for Vietnamese products such as electronics, apparel, and farm produce to enter the Slovenian and European Union markets.

The Vietnamese cabinet leader also proposed the Southeast European nation speed up the ratification of the EU-Vietnam Investment Protection Agreement (EVIPA), and urge the European Commission to remove its ‘yellow card’ warning against Vietnamese seafood.

The ‘yellow card’ is a kind of warning issued by the European Commission to countries involved in illegal, unreported, and unregulated (IUU) fishing.

Vietnamese Foreign Minister Bui Thanh Son shakes hands with his Slovenian counterpart Tanja Fajon on May 23, 2023. Photo: The Ministry of Foreign Affairs

Vietnamese Foreign Minister Bui Thanh Son (R) shakes hands with his Slovenian counterpart Tanja Fajon on May 23, 2023. Photo: Ministry of Foreign Affairs

The two leaders reached a consensus on stronger collaboration at regional and international forums and in the fight against global challenges such as climate change, energy, and food.

Discussing some issues related to the East Vietnam Sea, the two top officials stressed the importance of maritime freedom, peace, security, and the settlement of disputes based on peaceful measures and international law.

The Vietnamese prime minister also called on Slovenia to continue creating favorable conditions for Vietnamese citizens to live and work in the country.

Speaking at a meeting with her Vietnamese counterpart Bui Thanh Son on the same day, Fajon said that the Slovenian government was in the process of ratifying EVIPA and threw its support behind the removal of the ‘yellow card’ warning against Vietnam’s seafood.

The two ministers pledged to join hands to organize cultural and exchange programs to mark the 30th anniversary of their diplomatic ties in 2024.

After their talks, the two ministers signed an agreement for cooperation between the two ministries of foreign affairs.

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Source: https://tuoitrenews.vn/news/politics/20230524/slovenia-appreciates-vietnams-investment-climate/73318.html

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Vietnamese PM rings opening bell at NYSE

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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
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.

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Source: https://tuoitrenews.vn/news/politics/20230922/vietnamese-pm-rings-opening-bell-at-nyse/75721.html

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Japanese Crown Prince visits late President Ho Chi Minh’s stilt house

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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
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
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, 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
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
Japanese Crown Prince Akishino takes photos of the precinct of late President Ho Chi Minh’s stilt house. Photo: Nguyen Khanh / Tuoi Tre

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Source: https://tuoitrenews.vn/news/politics/20230921/japanese-crown-prince-visits-late-president-ho-chi-minhs-stilt-house/75715.html

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Vietnam reiterates net-zero emission goal, supports global health priorities

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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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Source: https://tuoitrenews.vn/news/politics/20230921/vietnam-reiterates-netzero-emission-goal-supports-global-health-priorities/75713.html

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