Prime Minister Nguyen Xuan Phuc (R) and Sumitomo Mitsui Banking Corporation’s (SMBC) managing director for Asia Pacific Shosuke Mori.(Source: VNA)
Hanoi (VNA) – Vietnam has always created best possible conditions for foreign investors, including those from Japan, to invest in the country.
Prime Minister Nguyen Xuan Phuc made the remark at an April 27 reception in Hanoi for Sumitomo Mitsui Banking Corporation’s (SMBC) managing director for Asia Pacific Shosuke Mori.
The PM lauded the bank’s effective investment activities in the country in recent times, particularly in areas of energy and infrastructure, with direct funding from the bank to local enterprises having hit 1.8 billion USD.
He said the collaboration between the bank and enterprises and investors in Vietnam has helped to realise the two countries’ strategic partnership.
In return, the director thanked the Vietnamese government and the PM for their support to the bank, while asserting that the bank will continue expanding investment in the country, contributing to the strategic partnership and the friendship between the two nations.
𒈔 Currently, the bank has two branches in Hanoi and Ho Chi Minh City, with 500 million USD in capital.-VNA
Vietnam’s Export-Import Commercial Joint Stock Bank (Eximbank) signed a technical service contract with Japan’s world-leading Sumitomo Mitsui Bank (SMBC).
A credit agreement for the Hanoi-Hai Phong Highway project was signed on Feb. 22 in Tokyo between the Vietnam Development Bank (VDB) and Sumitomo Mitsui Bank Corporation (SMBC) and Citibank of Japan.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has secured a loan worth 120 million EUR (155 million USD) from Sumitomo Mitsui Banking Corporation (SMBC) and German Development Bank (KFW) to realise its faster growth in 2013.
The Import-Export Commercial Joint Stock Bank (Eximbank) of Vietnam and the Sumitomo Mitsui Banking Corporations (SMBC) marked the 5th anniversary of their strategic alliance in Ho Chi Minh City on February 22.
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.
Prime Minister Nguyen Xuan Phuc (R) and Sumitomo Mitsui Banking Corporation’s (SMBC) managing director for Asia Pacific Shosuke Mori.(Source: VNA)
