PM asks for more efforts to boost trade ties with key partners
Prime Minister Nguyen Xuan Phuc has ordered ministries and sectors to devise active and practical plans to promote domestic production, create more jobs, and ensure harmonious trade relations with key partners of the country in the principle of equality and mutual benefits.
Prime Minister Nguyen Xuan Phuc (centre) at the meeting (Source: VNA)
Hanoi (VNA) - Prime MinisterNguyen Xuan Phuc has ordered ministries and sectors to devise active andpractical plans to promote domestic production, create more jobs, and ensureharmonious trade relations with key partners of the country in the principle ofequality and mutual benefits.
Speaking at a meeting between permanent members of the government andrepresentatives of relevant ministries and sectors in Hanoi on July 13 to discussmeasures to further expand trade cooperation between Vietnam with its bigpartners, the PM stressed that these tasks are necessity to ensuremacro-economic stability and maintain the country’s growth and sustainabledevelopment.
He requested ministries, sectors and localities to pay attention to removingbarriers, thus making it easier foreign enterprises and investors, especiallythose having environmentally-friendly high technologies and huge financialpotential, regional and global supply chains, to effectively carry out projectsin Vietnam.
During the meeting, the participantsreviewed reports presented by ministries and sectors to give an overview assessmentof trade relations between Vietnam and its big partners, including the US,China, the Republic of Korea, ASEAN and Japan, and analyse weaknesses that needto be overcome.
Specific solutions and action programmes were proposed to build sustainable andbalanced trade relations with partners, to combat trade frauds, and fraudulenceof goods origin.
In the long-term, PM Phuc asked relevant ministries and sectors to perfectpolicies and institutional frameworks related to issues such as trade, monetarymatters, finance-banking, IT and cyber security, in order to match with advanced international standardsand international commitments that Vietnam has made.
The government leader also requested ministries and agencies to map out plansto cope with unexpected circumstances.-VNA
Cabinet members discussed several draft laws in the spirit of building a constructive government with zero tolerance toward corruption during the first two days of the Government’s monthly meeting.
Minister of Planning and Investment Nguyen Chi Dung was grilled about specific measures to mobilise social resources for development investment and the allocation of public investment capital.
Amid the complex world situation, Vietnam needs to push ahead with reforming policies and regulations to keep up with the development pace of the global economy, said Prime Minister Nguyen Xuan Phuc.
Prime Minister Nguyen Xuan Phuc will give more information about some issues within the remit of the Government and field queries of legislators on the last day of the question-and-answer (Q&A) session on November 1.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
Prime Minister Nguyen Xuan Phuc (centre) at the meeting (Source: VNA) 
