The FTA between Vietnam and the EAEU will open opportunities to raise bilateral trade to 10 billion USD by 2020, Deputy PM Trinh Dinh Dung told Russian Ambassador Konstantin Vnukov on April 10.
Deputy Prime Minister Trinh Dinh Dung (R) receives Russian Ambassador to Vietnam Konstantin Vnukov (Photo: VNA)
Hanoi (VNA) – The implementation of the free trade agreement between Vietnam and the Eurasian Economic Union will open opportunities to raise bilateral trade to 10 billion USD by 2020, Deputy Prime Minister Trinh Dinh Dung told Russian Ambassador to Vietnam Konstantin Vnukov on April 10.
Trade between Vietnam and Russia has risen recently, hitting 2.7 billion USD in 2016, an increase of 23 percent over 2015, and 452 million USD in the first two months of the year.
Dung said Vietnam wants to maintain the positive growth in bilateral cooperation, especially in economics and trade, defence, military techniques and is ready to facilitate Russian participation in new co-operation projects in energy and infrastructure development in Vietnam.
During their talks in Hanoi, the two sides also discussed cooperation projects in agriculture and energy.
Deputy Prime Minister Trinh Dinh Dung and Irish Ambassador to Vietnam Cait Moran (Photo: VNA)
Also on the same day, Dung received Irish Ambassador to Vietnam Cait Moran, noting that Ireland-funded development co-operation projects are bearing fruits, contributing to Vietnam's development.
At present, Vietnam is the only Asian country among nine partners entitled to receive Irish development aid. The country has provided Vietnam about 130 million EUR (137 million USD) worth of non-refundable assistance.
The two countries have witnessed rapid growth in bilateral trade recently, reaching 1.14 billion USD in 2016, a three-fold increase from 2015.
During their meeting, the two sides discussed fields of common interest for enhanced cooperation.
On the occasion, Ambassador Moran said Ireland would release a national strategy on development cooperation with Vietnam for 2017-20.-VNA
Ireland will work to push the Vietnam-European Union free trade agreement, the Irish Ambassador to Vietnam, Cáit Moran, told Prime Minister Nguyen Xuan Phuc at a meeting on December 16.
Da Nang and the Irish Embassy in Vietnam have signed an MoU on high quality human resource education, management skills for the city’s personnel and start-up programmes for students in the city.
Deputy Prime Minister Trinh Dinh Dung has called for stronger cooperation between Vietnam and Russia in energy, especially in oil and gas exploration and exploitation.
Vice Chairman of the Vietnam National Assembly’s External Relations Committee Nguyen Manh Tien led a delegation to visit Russia from March 18-22 to push the two countries’ cooperation forward.
Officials from Vietnam and Russia gathered in a workshop in Hanoi on March 28 to discuss combating bribery of foreign public officials in international business transactions.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
Deputy Prime Minister Trinh Dinh Dung (R) receives Russian Ambassador to Vietnam Konstantin Vnukov (Photo: VNA) 
Deputy Prime Minister Trinh Dinh Dung and Irish Ambassador to Vietnam Cait Moran (Photo: VNA) 
