50 years of diplomatic ties – new chapter of Vietnam- Luxembourg relations
The 50th founding anniversary of diplomatic ties between Vietnam and Luxembourg (November 15, 1973 - 2023) will open up a new chapter for the bilateral relations, a Vietnamese diplomat has affirmed.
At the signing ceremony of a Memorandum of Understanding on cooperation between Vietnamese and Luxembourg businesses. (Photo: VNA)
Brussels (VNA) – The 50th founding anniversary of diplomatic ties between Vietnam and Luxembourg (November 15,1973 - 2023) will open up a new chapter for the bilateral relations, a Vietnamesediplomat has affirmed.
In an interview granted to the Vietnam News Agency(VNA)’s resident correspondent in Brussels, Vietnamese Ambassador to Belgium andLuxembourg Nguyen Van Thao, who is also Head of the Vietnamese delegation to theEuropean Union (EU), noted that the relationship has witnessed “very good” development steps over the past five decades.
According to the ambassador, the signing of the EU-Vietnam FreeTrade Agreement (EVFTA) and particularly the visit to Luxembourg by PrimeMinister Pham Minh Chinh in December 2022 have opened up a new page for the bilateral relations, which targets green finance – an outstanding strength ofLuxembourg over the past decades.
Vietnam should learn from Luxembourg’s experience infinancial services to make changes in its development path and optimiseadvantages to create development breakthroughs, he said.
Vietnamese Ambassador to Belgium and Luxembourg Nguyen Van Thao, who is also Head of the Vietnamese delegation to the European Union (EU), in an interview with the Vietnam News Agency's resident correspondent. (Photo: VNA)
Green finance plays a crucial role as Vietnam ispursuing a green, sustainable economy, he said, adding the country and its internationalpartners announced the establishment of the Just Energy Transition Partnership(JETP), and it made strong commitments at the 26th United Nations ClimateChange Conference (COP26).
The ambassador also highlighted the establishment ofthe Vietnam-Luxembourg strategic partnership on green finance on the occasionof the official visit to Vietnam by Luxembourg Prime Minister Xavier Bettel inMay, which, he said, has laid a firm foundation for the bilateral cooperation.
Green finance was also tabled for discussionduring the visit to Luxembourg by Minister of Finance Ho Duc Phoc andrepresentatives from the State Securities Commission (SSC), the Hanoi StockExchange, the Ho Chi Minh Stock Exchange, and four major banks of Vietnam inJuly, the ambassador said.
The two sides agreed to coordinate to issue governmentbonds and green bonds, towards corporate bonds in Luxembourg, he continued,noting to that end, Vietnam needs good legal and technical systems and capablehuman resources.
The diplomat expressed his belief that there will bespecific action programmes that are expected to give momentum to Vietnam’sgreen development in the coming time./.
Vietnam and Luxembourg boast high potential to collaborate in many areas, especially finance, logistics and sustainable development in adaptation to climate change, heard the Vietnam-Luxembourg Business Forum held in Ho Chi Minh City on May 5.
Prime Minister Xavier Bettel and a high-ranking delegation of Luxembourg left Vietnam, successfully concluding their official visit to Vietnam from May 3-5 at the invitation of Prime Minister Pham Minh Chinh.
Over the past few days, many Luxembourg news channels have reported on the official visit to Vietnam by Luxembourg Prime Minister Xavier Bettel from May 3-5, assessing that it will contribute to further strengthening the bilateral relationship in the coming time.
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.