Vietnam backs Kazakh investors’ operations: Party chief
Party General Secretary To Lam addresses the Vietnam–Kazakhstan Business Roundtable in Astana on May 6 as part of his ongoing state visit to Kazakhstan.
Party General Secretary To Lam addresses the Vietnam–Kazakhstan Business Roundtable in Astana on May 6 (Photo: VNA)
Astana (VNA)🍰 – Party General Secretary To Lam has affirmed Vietnam’s strong commitment to creating favourable conditions for Kazakh investors to do business successfully in Vietnam.
Addressing a Vietnam–Kazakhstan Business Roundtable in Astana on May 6 as part of his ongoing state visit to Kazakhstan, the Vietnamese Party leader emphasised that the success of Kazakh enterprises will also be regarded as Vietnam’s success and a source of pride.
He expressed his hope that the business communities of both countries will leverage their respective strengths to build and integrate value chains, fostering stronger links between the two nations and connecting to global markets. This, he noted, will open up new opportunities for enhanced trade and investment cooperation in the near future.
He acknowledged the progress in bilateral economic relations and affirmed that both countries possess favourable conditions to enhance cooperation. He pointed out that both Vietnam and Kazakhstan are members of the Vietnam-Eurasian Economic Union Free Trade Agreement, which facilitates deeper economic cooperation and promote two-way trade.
He also mentioned the signing of a joint action plan for 2023–2025 to further accelerate economic and trade collaboration during the official visit of the Kazakh President to Vietnam in August 2023. Additionally, he noted that major Vietnamese airlines, such as Vietnam Airlines and Vietjet Air, are exploring direct flights to Kazakhstan, and Kazakhstan is successfully operating an international financial centre in Astana, while Vietnam is developing financial centres in Ho Chi Minh City and Da Nang.
Kazakh Deputy Prime Minister Yermek Kosherbayev highlighted the significant achievements in political, cultural, and science-technology ties between the two countries, saying that the two sides have enjoyed growing coordination bilaterally and multilaterally.
However, he noted that economic collaboration, particularly in trade and investment, has not yet reached its full potential. He emphasised Kazakhstan's readiness to partner with Vietnam in areas such as agriculture, digital transformation, and the development of artificial intelligence and digital infrastructure.
He also announced the upcoming launch of a National Artificial Intelligence Centre in Kazakhstan, aiming to drive innovation in the sector.
As one of the leading countries in the field of information technology services, Kazakhstan proposed enhancing cooperation with Vietnam in the development of e-government, sharing advanced experiences, implementing next-generation digital services, and integrating artificial intelligence into public administration processes.
An overview of the Vietnam–Kazakhstan Business Roundtable in Astana on May 6 (Photo: VNA)
Kosherbayev called on Vietnamese partners to fully capitalise on existing potential to expand business operations in Kazakhstan. He affirmed that the Kazakh Government is committed to being a reliable and stable partner, and expressed confidence that bilateral cooperation will continue to grow, unlocking new opportunities to strengthen ties, expand trade, and foster innovation.
The Vietnamese leader affirmed Vietnam’s commitment to creating favourable conditions for Kazakh investors to invest and do business in Vietnam, stressing that Vietnam considers the success of Kazakh enterprises as the success and pride of Vietnam. He urged the business community of both countries to leverage their strengths to build value chains and strengthen connections between the two nations and to global market, thus boosting investment and trade cooperation in the coming time.
Vietnam brought to the forum reputable enterprises with strengths in sectors where Kazakhstan seeks cooperation, such as oil and gas, energy, agriculture, minerals, chemicals, tourism, and textiles. The business community of the two sides exchanged views and orientations, explored partnership opportunities for mutual development, and discussed ways to foster shared development and prosperity, contributing to deepening their good traditional bilateral relationship.
On this occasion, General Secretary Lam, Deputy PM of Kazakhstan Kosherbayev, and Vietnamese Deputy Prime Minister and Foreign Minister Bui Thanh Son witnessed the exchange of several Vietnam-Kazakhstan cooperation agreements, including an overseas investment certificate issued by Vietnam's Ministry of Finance to Aviation Holdings, a member of Vietjet Air, for the acquisition of a strategic stake in Qazaq Air. This marks part of Vietjet's international expansion strategy, thus strengthening Vietnam-Kazakhstan bilateral ties in aviation, economic, and cultural cooperation, while opening a new chapter for the aviation industry in Central Asia.
On this occasion, General Secretary Lam, Deputy PM of Kazakhstan Kosherbayev, and Vietnamese Deputy Prime Minister and Foreign Minister Bui Thanh Son witness the exchange of a business franchise agreement between Vietjet Air and Qazaq Air. (Photo: VNA)
Vietjet Air and Qazaq Air inked a business franchise agreement to jointly develop and operate Vietjet Qazaqstan, formerly Qazaq Air. As a new-generation low-cost carrier, Vietjet Qazaqstan is expected to become a key air link between Kazakhstan, Vietnam, Southeast Asia, and international aviation hubs.
Meanwhile, Vietjet Qazaqstan and Boeing signed a service agreement. Under the framework deal, Boeing will provide technical support for Vietjet Qazaqstan's Boeing 737 fleet, including software, spare parts, pilot and engineer training, as well as aircraft maintenance and upgrades to ensure that the fleet operates efficiently and safely. Vietjet Qazaqstan plans to operate at least 20 Boeing 737, expanding its domestic and international network, while adopting modern operations, digital management, and advanced personnel training systems with technical and operational support from Vietjet Air.
With its experience in modern aviation operations, advanced technology, and a global partner network, Vietjet Air is investing in Kazakhstan as a pioneer among Vietnamese corporations, promoting multilateral cooperation, technology transfer, workforce training, infrastructure modernisation, and enhancing the competitiveness of the regional aviation industry. This partnership model not only delivers economic benefits but also serves national interests, helps strengthen regional connectivity, and contributes to common prosperity.
At the event, Mareven Food, a Vietnamese-owned enterprise in Kazakhstan, donated 10 ambulances to the Kazakh authorities./.
Party General Secretary To Lam left Hanoi on May 5 for state visits to Kazakhstan and Azerbaijan, an official visit to Russia where he will attend the celebration of the 80th anniversary of the Victory of the Great Patriotic War, and then a state visit to Belarus from May 5 to 12. Kazakhstan will be the first stop for General Secretary To Lam in this European tour. The visit comes at a time when the traditional friendship and multifaceted cooperation between Vietnam and Kazakhstan are progressing positively. It aims to further strengthen the bilateral ties between the two countries across various fields.
Over the past 30 years since establishing diplomatic relations, Vietnam–Kazakhstan ties have grown deeper and more comprehensive across all fields. In particular, the official visit to Vietnam by Kazakh President Kassym-Jomart Tokayev in 2023 served as a major boost to political trust, reinforcing traditional friendship and enhancing multifaceted cooperation between the two countries.
Stressing the importance of cooperation between the Senate of Kazakhstan and Vietnam’s National Assembly, the two leaders agreed to promote collaboration, increase delegation exchanges via parliamentary channels.
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.
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.
