Dialogue looks at Vietnam - EU maritime economic cooperation
A dialogue with the theme “Sustainable Maritime Development: Sharing Vietnam and EU’s Perspectives” took place in Hanoi on August 19 with over 150 in attendance.
Participants in the dialogue in Hanoi on August 19 (Photo: VNA)
Hanoi (VNA) - A dialogue with the theme“Sustainable Maritime Development: Sharing Vietnam and EU’s Perspectives” tookplace in Hanoi on August 19 with over 150 in attendance.
Co-organised by the Diplomatic Academy ofVietnam, the EU Delegation to Vietnam, and the Konrad Adenauer Stiftungpolitical foundation from Germany, the dialogue is an opportunity for an exchangeof opinions on sustainable maritime growth and boosting cooperation betweenVietnam and the EU in this regard.
It consisted of four sessions on the sustainabledevelopment policies of both sides, marine environmental management, a sustainableblue economy, and new trends in maritime-related issues and the future ofVietnam-EU maritime cooperation.
Speaking at the opening session, Dinh ToanThang, head of the Foreign Ministry’s Department of European Affairs, said thedialogue is a meaningful activity and marks the 30th anniversary of diplomaticrelations.
He affirmed that the Vietnamese Governmentvalues international maritime cooperation, particularly with experiencedpartners like the EU.
As part of the EU-Vietnam Framework Agreementon Partnership and Cooperation (PCA), the two have committed to increasing theprotection of the maritime and coastal environment as well as reinforcing the effectivemanagement of maritime resources towards sustainable development.
Echoing that view, Ambassador Giorgio Aliberti,head of the EU Delegation to Vietnam, said EU-Vietnam ties have never been as closeas they are now, particularly after the two signed a free trade agreement.
He noted, however, that engagement in bluegrowth remains limited.
He hopes the dialogue will contribute tofurther clarifying the EU’s maritime policies./.
A submarine power cable project to supply electricity for Nhon Chau island commune, Quy Nhon city, the south central province of Binh Dinh, which is partly financed by the European Union (EU), is expected to be completed on August 8.
The EU-Vietnam Free Trade Agreement (EVFTA) strengthens EU economic links with Southeast Asia and will potentially contribute to its recovery after the coronavirus crisis, moderndiplomacy.eu quoted an EU official as saying in a story published on August 3.
Prime Minister Nguyen Xuan Phuc chaired a video conference on August 6 regarding the implementation of the EU-Vietnam Free Trade Agreement (EVFTA), during which he described the deal as a broad and modern expressway bringing the EU and Vietnam closer together.
Vietnam’s rice exports to the EU remain modest, at about 20,000 tonnes in volume and 10.7 million USD in value in 2019, accounting for a small proportion of the bloc’s annual average rice consumption of 2.5 million tonnes in the 2016-2020 period.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Participants in the dialogue in Hanoi on August 19 (Photo: VNA) 
