Vietnam is determined to renew itself and build an incorruptible and constructive Government to serve the people and businesses, Prime Minister Nguyen Xuan Phuc said on November 2.
Prime Minister Nguyen Xuan Phuc speaks at the meeting with representatives of global financial institutes and businesses (Source: VNA)
Hanoi (VNA) –🅰 Vietnam is determined to renew itself and build an incorruptible and constructive Government to serve the people and businesses, Prime Minister Nguyen Xuan Phuc said on November 2.
He was speaking in Ho Chi Minh City on the sidelines of the Vietnam Summit 2016 set to open on November 3.
The PM also told representatives of global financial institutes and businesses both inside and outside the country that he hopes the summit will help them learn more about the development and integration policies and strategies of Vietnam.
He wishes that the summit helps businesses find more investment and cooperation opportunities in the country.
Vietnam has recorded many great achievements in 30 years of renewal, he said. The country’s GDP topped 200 million USD in 2015 and its per capita income was around 2,100 USD.
The country has actively speeded up its international process and contributed to the building of the ASEAN Community. It has signed and joined 14 free trade agreements, Phuc said.
To keep up with global economic development trends, Vietnam was restructuring its economy, implementing “breakthrough steps” to renew its growth model, actively integrating and taking part in the global production value chain, and increasing the capacity to raise economic development to new heights, the PM said.
The Government was paying due attention to creating a legal framework in line with market mechanisms and international practices, he added.
Furthermore, he said, Vietnam was actively working to improve its business and investment environment by building infrastructure, development human resources and boosting fair competition to create ideal conditions for enterprises to invest and do business.
The Vietnam Summit 2016 will discuss various issues, including the nation’s position in the global economy, future of the manufacturing sector, rice production, industrial production and the investment environment.
The summit seeks to show international businesses that Vietnam is determined to comprehensively reform its economy over next five years.-VNA
Domestic and foreign investors are still keen on the Vietnamese market and have positive outlook about the country’s economy, according to a survey conducted by Grant Thornton Vietnam.
Vietnam’s economy has proven resilient amidst slower global growth, according to the World Bank’s newly released East Asia and Pacific Economic Update.
Prime Minister Nguyen Xuan Phuc visited the National Convention Centre in Hanoi on October 23 to scrutinise preparations for three regional summits that will convene on October 24.
The seventh Ayeyawady-Chao Phraya-Mekong Economic Cooperation Summit and the eighth Cambodia-Laos-Myanmar-Vietnam Summit took place in Hanoi on October 26. PM Nguyen Xuan Phuc chaired the events.
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.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Thirty years ago, on July 28, 1995, Vietnam’s accession to ASEAN marked a historic strategic decision, opening a new chapter in the country’s integration process and beginning its strong rise.
Ambassador Vu Le Thai Hoang has outlined specific priorities and proposals for cooperation with the UNODA in preparation for the upcoming 11th Review Conference of the Non-Proliferation of Nuclear Weapons (NPT).
The Vietnamese Party leader's visit is therefore expected to mark a new stage in the development of the Comprehensive Strategic Partnership between the two countries, with a focus on such areas as digital transformation, supply chains, semiconductors, clean energy, and maritime security, Choe assessed.
At their meeting, which took place in the Angolan capital of Luanda on August 7 as part of State President Luong Cuong’s ongoing state visit to the African nation, the two officials also agreed to make full use of existing cooperation mechanisms, particularly the Vietnam – Angola Intergovernmental Committee, and step up exchanges of delegations at all levels.
President Luong Cuong's talks with his Angolan counterrpart João Manuel Gonçalves Lourenço, Vietnamese leader's receptions for a delegation from the Japan – Vietnam Parliamentary Friendship Alliance, and the Government's regular meeting for July are among news highlights on August 7 evening.
Prime Minister Nguyen Xuan Phuc speaks at the meeting with representatives of global financial institutes and businesses (Source: VNA)
