Embassy works to fortify Vietnam-Israel economic diplomacy
The 30th anniversary of the Vietnam-Israel diplomatic relations in 2023 opens the door for the Vietnamese Embassy in the Western Asian nation to step up economic-diplomacy-related activities, especially promoting the early approval of a bilateral free trade agreement, affirmed Ambassador Ly Duc Trung.
Vietnamese Ambassador to Israel Ly Duc Trung at the interview (Photo: VNA)
Tel Aviv (VNA) – The 30th anniversary of the Vietnam-Israel diplomatic relations in 2023 opens the door for the Vietnamese Embassy in the Western Asian nation to step up economic-diplomacy-related activities, especially promoting the early approval of a bilateral free trade agreement, affirmed Ambassador Ly Duc Trung.
Making his remarks at an interview with the Vietnam New Agency, the diplomat stated Vietnamese Party and State leaders strongly support and facilitate the steady development of the countries’ trade and economic relations, including the coming into being of the Vietnam – Israel Free Trade Agreement (VIFTA), labour cooperation in agriculture, collaboration in innovation and entrepreneurship, and exchange of collective economic models and measures in response to epidemics.
The Vietnamese community in Israel is about 500, not to mention hundreds of students who come here every year to practice and be trained under the agricultural trainee cooperation programme. Trung said he believes that the expatriates play a very important role in promoting the bilateral economic and trade ties.
According to the ambassador, Vietnam’s economic diplomacy with Israel has many advantages, as the sides have developed official diplomatic relations for 29 years. Israeli people are fond of Vietnam, while Vietnamese admire their Israeli peers for their outstanding achievements in scientific research, innovation and entrepreneurship.
The Vietnam-Israel trade grows about 30% on an annual basis and is expected to reach approximately 2.2 billion USD this year. Therefore, the embassy is striving to bring the figure to about 3 billion USD as soon as possible.
In early 2023, Vietnam and Israel will embark on the final round of negotiations for the VIFTA. Both sides hope to complete the discussions of all contents over the past 11 years so that they can sign and implement the agreement as soon as possible, bringing practical mutual benefits.
Trung said the embassy, moreover, will continue to work with Israeli associations and ministries to remove bottlenecks related to negotiating a labour cooperation agreement in the agricultural sector, in order to open up the potential market in the future./.
Vietnam wishes to maintain and further expand cooperation with Israel in multiple areas, including trade and economy, science and technology, and innovative start-ups, said Vietnamese Ambassador to Israel Ly Duc Trung on August 9.
President Nguyen Xuan Phuc has said that Vietnam wants to cooperate with Israel in fields of its strength such as innovation, sci-tech and renewable energy.
A Vietnamese business delegation made a trip to Israel on November 3-4 during which they attended a Vietnam-Israel conference on production and trade cooperation in Tel Aviv.
The resolution on such mechanisms aims to serve as a legal basis for opportunely dealing with difficulties and hindrances caused by legal regulations in important, priority, and urgent areas that require immediate settlement so as to unlock resources, facilitate economic development, and turn legislation into a competitive edge.
PM Pham Minh Chinh instructed chairpersons of the People’s Committees of provinces and centrally-run cities to strictly follow the Ministry of Finance's guidelines on handling public finances and budgets, with a focus on preventing wastefulness, misconduct, or corruption.
Knapper reaffirmed the US's commitment to supporting a strong, independent, prosperous and resilient Vietnam, while respecting each other’s territorial integrity, sovereignty, independence and political systems.
Vietnam is deeply concerned about the escalating and complex conflict in the Middle East, which poses a serious threat to the lives and safety of civilians, as well as to regional and global peace and stability.
The Vietnamese Embassy advises the Vietnamese community living, studying, and working in Israel to strictly comply with directions from the Home Front Command and local authorities.
Lawmakers are set to vote on revisions and amendments to a broad spectrum of legal frameworks and impactful resolutions during the final week of the 15th NA's 9th session.
The State Committee for Overseas Vietnamese Affairs (SCOVA) has served as a bridge connecting and uniting the community with the homeland, becoming a trusted source of support for Vietnamese expats in times of hardship.
The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
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.
Vietnamese Ambassador to Israel Ly Duc Trung at the interview (Photo: VNA) 
