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Mon. PM KTFA Vietnam News Articles 1-23-23

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KTFA

Vietnam News

Vietnamese economy greatly open, full of vitality: Chinese ambassador

January, 21/2023 – 15:23

In terms of trade ties, the ambassador said despite impacts of the COVID-19 pandemic, bilateral trade in the first 11 months of last year exceeded $210 billion, and the whole year’s figure is expected to surpass the $230 billion recorded in 2021, which is a highly encouraging result.

HÀ NỘI — Chinese Ambassador to Việt Nam Xiong Bo has highlighted the significance of the Lunar New Year (Tết) festival, the comprehensive strategic cooperative partnership between the two countries, and their cooperation prospects for 2023.

In an interview granted to the Vietnam News Agency on the occasion of New Year 2023, he quoted late Vietnamese President Hồ Chí Minh as saying that Việt Nam and China are “both comrades and brothers”.

“We are comrades who share the same sense of purpose and also close brothers,” the ambassador said, stressing the profound meaning of the word “brothers” thanks to cultural similarities, including Tết customs, between the two peoples.

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Xiong found Tết, a traditional festival of the Vietnamese and Chinese peoples, and the two countries’ Tết celebrations highly similar. Whenever the Lunar New Year comes, the Tết atmosphere will spread across Hà Nội, from big streets to small alleys, bringing about close and familiar feelings to him through similar customs: family reunion with year-end parties and New Year visits to pagodas.

However, there are also some differences as 2023 is the Year of the Rabbit in China but the Year of the Cat in Việt Nam.

The rich histories and special traditional cultures of China and Việt Nam have contributed to the Eastern culture and civilisation, according to the diplomat. Likewise, New Year celebration customs in Japan and the Republic of Korea are also part of the Eastern culture, and it is necessary to treasure and further bring into play the role of the Eastern culture in the world’s civilisation.

Mentioning Việt Nam’s economic recovery results in 2022, Ambassador Xiong highly valued the GDP growth of over 8 per cent, the highest in the region and the world, saying the Vietnamese economy is now full of vitality, attractive to foreign investors, and boasts vibrant external economic activities with trade value topping US$700 billion.

He held that the abovementioned achievements were attributable to the clear-sighted leadership by the Communist Party of Việt Nam (CPV), headed by General Secretary Nguyễn Phú Trọng, and the Government along with efforts by the Vietnamese people.

The economy of Việt Nam had been comprehensively integrating into the world and now had great openness, he went on.

Regarding the COVID-19 combat, the diplomat said the Party and Government of Việt Nam had effectively combined the pandemic fight with socio-economic development and obtained great successes. In the most trying times of the pandemic, the country made all-out efforts in promoting vaccination and seeking vaccine supply sources, including from China.

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In its capacity, China provided 52 million COVID-19 vaccine doses, including 7 million doses in non-refundable aid, for Việt Nam, helping set up a line of defence against the pandemic amid the most trying times in Việt Nam.

In terms of trade ties, the ambassador said despite impacts of the COVID-19 pandemic, bilateral trade in the first 11 months of last year exceeded $210 billion, and the whole year’s figure was expected to surpass the $230 billion recorded in 2021, which was a highly encouraging result.

A highlight of relations between the two Parties and countries last year is the official visit to China by CPV General Secretary Nguyễn Phú Trọng in late October.

The visit had great influence, Xiong affirmed, adding that leaders of the two countries once again reached strategic common perceptions and agreed that Việt Nam and China would support each other along their path to socialism, stay steadfast in the strategic leadership by the two Parties’ top leaders, and advocate cooperation in all fields.

During the trip, the two sides also adopted a joint statement of extreme political significance that touched upon many areas and created favourable conditions for the two countries to continue cooperation in different spheres, including economy and trade.

China and Việt Nam hold good conditions for strengthening partnerships in investment, economy, and trade since they share a borderline and boast highly complementary advantages, according to the ambassador. China supports businesses with good strength, reputation, and high technology coming to Việt Nam to invest in potential areas such as developing digital economy, green economy, and new energy.

China is ready to enhance economic, trade, and policy cooperation with Việt Nam, the diplomat said, noting his country may fully resume air routes connecting with Việt Nam this year so as to facilitate bilateral mobility and economic activities.

Speaking highly of Việt Nam’s efforts to combat corruption and negative phenomena, Xiong underlined the similar policies and determination of the Communist Party of China and the CPV in this regard.

He underlined that General Secretary Nguyễn Phú Trọng and the CPV Central Committee had attached great importance to the corruption combat. Việt Nam had taken drastic actions with a strong resolve and dealt with many law-violating cadres. The CPV had also issued many documents and unceasingly perfected regulations to augment the corruption fight.

The ambassador applauded Việt Nam’s establishment of anti-corruption steering committees at the central and provincial levels. He noted China was ready to cooperate with Việt Nam in corruption prevention and control in line with the common perceptions between their top leaders.

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In the interview, he offered greetings to the Vietnamese people and expressed his hope that in the New Year, Việt Nam would obtain brilliant achievements in socio-economic development under the leadership of General Secretary Nguyễn Phú Trọng and the CPV Central Committee.

— VNS   LINK

Henig » January 23rd, 2023

Việt Nam values development of friendship with Portugal: PM

January, 19/2023 – 13:13

PM Chính suggested both sides facilitate visits, especially those at high level to raise mutual understanding and political trust, as well as fully and effectively tap existing cooperation mechanisms and build new ones to step up collaboration in promising areas that match their interests.

HÀ NỘI — The Vietnamese Government always values the development of traditional friendship with Portugal, Prime Minister Phạm Minh Chính told Portuguese Minister of Foreign Affairs João Gomes Cravinho during a reception in Hà Nội on Wednesday.

PM Chính suggested both sides facilitate visits, especially those at high level to raise mutual understanding and political trust, as well as fully and effectively tap existing cooperation mechanisms and build new ones to step up collaboration in promising areas that match their interests.

On multilateral cooperation, he proposed working closely together and offering mutual support at multilateral forums and international organisations, making active contributions to dealing with regional and global issues.

About economic ties, the host asked Portugal to create favourable conditions for Vietnamese farm produce to navigate the country. He wished the two nations would continue taking advantage of opportunities from Việt Nam-EU Free Trade Agreement to raise two-way trade, toward lifting it to US$1 billion in the near future.

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On the occasion, he suggested Portugal soon approve the EU-Việt Nam Investment Protection Agreement (EVIPA) to facilitate fair and win-win investment relationship between the two nations, urge the European Commission’s early removal of yellow card warning on Việt Nam’s aquatic products to meet interests of Portuguese and EU consumers as well as ensure livelihoods for hundreds of thousands of workers in the Vietnamese aquaculture industry.

Cravinho, who is on Việt Nam visit from January 17-19, affirmed that Portugal always considers Việt Nam an important partner in the region and expects to further develop all-around ties with the country.

He agreed to enhance collaboration in fields of Portugal’s strength and Việt Nam’s demand such as marine economy, maritime, renewable energy, circular economy and digital transformation.

The FM vowed to continue realising contents of Việt Nam-Portugal tourism cooperation agreement and sharing experience in tourism development, boost sport exchanges, particularly football training and increasing scholarships to students specialised in tourism management, and discuss the signing of labour cooperation deals.

He expressed his support for Vietnamese PM’s proposals related to joint work to fight climate change toward fulfilling goals set at the 26th United Nations Climate Change Conference.

Portugal will create favourable conditions for Vietnamese community living in the country, open the market for Vietnamese farm produce and have a say with the EC on the IUU yellow card, he said.

Regarding the South China Sea (known in Việt Nam as the East Sea) issue, host and guest underscored the importance of maintaining peace, stability, security, safety and freedom of navigation and overflight in the South China Sea, settling disputes by peaceful means in line with international law, especially the 1982 United Nations Convention on the Law of the Sea (UNCLOS).

— VNS   LINK

Politburo resolutions give boost to regional growth

January, 21/2023 – 10:11

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The Politburo issued six resolutions on socioeconomic development and defence safeguarding six regions, a judicious move to optimise each area’s potential and promote national development.

In 2022, the Politburo issued six resolutions on socio-economic development and ensuring national defence and security in six key regions, a necessary and judicious move to optimise each one’s potential and promote national development.

The 13th National Congress of the Communist Party of Việt Nam held in early 2021 devised the socio-economic development strategy for 2030 with a vision to 2045. Accordingly by 2030, Việt Nam will have become a developing country with modern industry and upper-middle income, and a developed and high-income country by 2045.

The strategy also identified the direction for the development of the regions – fully capitalising on each region’s advantages in terms of infrastructure, natural conditions, geopolitics, geography, and human resources, along with enhancing connectivity within each region to help participation in global value chains and create new development spaces.

The six resolutions were made for six regions: the midland and mountain region of the North; the Red River Delta, the North Central and Central Coast region, the Central Highlands, the eastern region of the South (or Southeast), and the Mekong River Delta.

Each region has its own characteristics, potential, advantages, and challenges. To utilise their potential, aside from common development policies, it is necessary to issue specific and appropriate policy for each region.

Regional development

Developing regions is a consistent policy of the Party to fully tap into the advantages of regions and localities nationwide to serve socio-economic development, ensure security, and improve people’s lives.

As soon as the resolutions were passed, the Politburo and the Party Central Committee’s Secretariat held conferences to study and publicise the issues among ministries, sectors and localities.

Addressing those events, Party General Secretary Nguyễn Phú Trọng stressed the resolutions’ importance, noting the foremost task of effectively implementing them to translate guidelines and policies into reality.

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He emphasised that in addition to being aware of the resolutions’ purpose, it would be important to guarantee high consensus across the whole country at all levels; understand that this is the responsibility of the entire political system; deal with the relationship between regional and national development; and promote consensus on the importance of regional connectivity.

The building, issuance and implementation of the six resolutions hold great necessity for realising the goals set in the Resolution of the 13th National Party Congress, including turning Việt Nam into a developing country with modern industry and upper-middle income by 2030 and a developed and high-income country by 2045.

Northern midland, mountain region

The first resolution on regional development issued by the Politburo was Decree No 11-NQ/TW on orientations for socio-economic development, ensuring national defence and security of the Northern midland and mountain region by 2030, with a vision to 2045.

The Northern midland and mountain region consists of 14 provinces.

Earlier in 2004, the Politburo issued a resolution on the region’s development direction to 2020. After nearly two decades, major changes have been made. However, the region’s potential has not been fully tapped.

The region is still classified among poverty-stricken areas with a slow growth pace.

Decree No 11-NQ/TW targets turning the Northern midland and mountain region into a green, sustainable and comprehensive development zone and a role model of green development for the whole country.

About half of the provinces in the region are expected to be at a medium development level by 2045.

Other targets include preserving and promoting the cultural identities of ethnic minority groups, enhancing the quality of life, ensuring national security, building a strong Party system, and strengthening solidarity among ethnic groups.

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Investing in socio-economic infrastructure and human resources will be the two driving forces of the region’s development, focusing on traffic infrastructure attached to economic corridors and training high-quality labour forces.

Mekong River Delta

The Politburo’s resolution on the Mekong River Delta’s development was issued on April 2, 2022.

The Mekong River Delta is home to 13 provinces.

As a rice- and fruit- producing centre, the region has maintained economic growth at a medium rate with an increasing proportion of industry and services.

Several processing centres for agricultural and fishery products with advanced technology have been established in the region. It has also focused on the marine economy, developing fisheries into a spearhead economic sector.

According to Resolution 13, by 2045, the Mekong Delta’s development will be “comprehensive, ecological, civilised and sustainable, preserving the cultural identity of the community living by the river”.

The Mekong Delta will become a sustainable, dynamic and highly efficient agricultural economic centre of the country, the Southeast Asia region and the world.

To realise these targets, the region will develop a system of agricultural centres, economic corridors and infrastructure systems to adapt to climate change and develop marine and tourist economies.

Southeastern region

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Home to HCM City and five central-level provinces, the Southeastern region contributed 32 per cent of GDP in 2020. The region’s income per capita in 2020 was the highest nationwide.

In 2020, the Gross Regional Product of the Southeastern region increased by almost five-fold compared to 2005 and 2.6 times compared to 2010, exceeding the target.

The Politburo’s resolution on developing the Southeastern region was issued on October 7, 2022.

By 2030, the region will become a dynamic development area with a high economic growth rate and the country’s driving force of growth. It is set to become a developed region with strong economic potential and a modern economic structure by 2045.

It will become a hub of science–technology, innovation, logistics and high-tech industry, as well as an international financial centre of the Southeast Asian region and the world.

HCM City will serve as a nucleus and a magnet for growth in the region.

Central Highlands

With five provinces, the Central Highlands has a strategic position in terms of economy, politics, culture, society, environment, national defence, security and foreign affairs.

The Politburo resolution issued on October 6, 2022, pointed out that development of the Central Highlands region must find a balance between economy, culture, social development, and protection of natural resources and environment, associated with national defence, security and foreign affairs.

The key target of regional development is to restructure the economy and turn it into a green economy, with a circular economy as the focus.

The region will shift from agricultural production to an agricultural economy based on high-technology applications and digital transformation.

The Central Highlands will also focus on protecting, restoring and developing forests and improving local residents’ livelihoods associated with them.

The development of renewable energy, the agricultural product processing industry and the mining and processing industry of bauxite and aluminium are key for the region.

The region is set to develop tourism hubs and products linked with the cultural identity of local ethnic minorities.

The resolution also highlights the close association between the Central Highlands with the Southeastern region and Central coastal provinces.

The Central Highlands will speed up the connection with major economic centres of the country, with countries in the Mekong Sub-region, ASEAN, especially within the Greater Mekong Sub-region Cooperation, and the Development Triangle Area (Việt Nam-Laos- Cambodia).

North Central and Central Coast region

The North Central and Central Coast region consists of 14 provinces from Thanh Hóa to Bình Thuận.

Positive changes have been made in the region over the past 20 years.

With dynamic development, the region has played an important role in the international cooperation and integration of the country. However, it still has several growth indicators lower than the national average.

The Politburo resolution issued on November 3, 2022 identifies the strategic position and role of the North Central and Central Coast region.

The resolution highlights that the region needs to make more drastic and innovative changes for rapid and sustainable development to fully tap the potential of every locality and the whole region.

The region needs to shorten development gaps among localities to improve the capabilities and incomes of local residents so that the region will catch up with other developed regions. This is a key task for local authorities.

Red River Delta

The latest Politburo resolution on regional development for the Red River Delta issued on November 23, 2022. The region consists of 11 central-level provinces and cities, divided into two sub-regions: northern and southern.

The northern sub-region, known as the northern key economic region, has seven provinces and cities. The southern sub-region consists of four provinces.

In 2015-20, the regional growth rate reached 7.49 per cent per year, higher than the national average.

In 2020, the region’s economic development contributed 29.4 per cent of the national GDP. The GRDP per capita in 2020 was VNĐ103.6 million, 1.3 times higher than the national average.

According to the Politburo resolution, the Red River Delta is set to develop sustainably, at a rapid pace, with a focus on economic structure and preservation of national cultural identity.

The region will develop modern industry, services and high-tech, with an organic, green, circular, and agricultural economy of high value.

The region is expected to be a hub of high-quality education and training, a leading science-technology centre, and to lead the country in innovation, digital economy and society, with modern socio-economic infrastructure and a focus on smart and highly connected cities.

Long-existing problems such as pollution, traffic congestion and flooding are to be solved.

The capital Hà Nội will be developed into a modern civilised city, becoming the centre and driving force for regional and national development, striving to be on par with other capital cities of developed countries in the region.

By 2045, the Red River Delta will be a major regional and global economic and financial centre and the country’s leading hub of culture, education-training, science-technology, innovation, and public healthcare, while having a modern and smart socio-economic infrastructure.

— VNS   LINK

Source: Dinar Recaps

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