Prime Minister Pham Minh Chinh visits the European Investment Bank in Luxembourg. (Photo: VNA)
Luxembourg (VNA) – Prime Minister PhamMinh Chinh visited the European Investment Bank (EIB) on December 10 as part ofhis trip to Luxembourg.
The EIB has maintained its cooperation with Vietnamsince 1997, and it is running seven projects in the Southeast Asian nation withtotal investment of 561 million EUR (591.37 million USD), according to EIB VicePresident Kris Peeters.
Peeters noted his hope that following the PM’s visit,the bilateral cooperation will be enhanced and more successful.
PM Chinh spoke highly of the close financialcooperation between the EIB and Vietnam over the past more than two decades.
However, he said, the collaboration has yet to match their potential, pledgingthat Vietnam will make greater efforts to boost the ties.
As Vietnam is implementing three strategic breakthroughson institutions, human resources and infrastructure, the country needs resources,especially financial resources, the leader said.
At the meeting (Photo: VNA)
Therefore, Vietnam wishes to foster cooperation with the EIB, in a more effectivefashion and with a larger scale, in such spheres as green development, climatechange response, digital economy and circular economy, he continued.
Chinh suggested the two sides re-sign the frameworkagreement on finance, which was signed in 1997, making it match the currentsituation, and review and remove limitations in cooperation to make the best usof EIB capital in Vietnam.
He also urged the bank to closely coordinate with theVietnamese Ministry of Finance and relevant sides to facilitate theconstruction of Metro Line No. 3 in Hanoi and Metro Line No. 2 in Ho Chi MinhCity.
The bank should continue to select suitable projects inVietnam in such areas as green development, digital economy, circular economyand climate change response, he said, calling on the bank to offer a more equaland balanced approach during project implementation in the country with consideration of Vietnam's status as a developing country with low starting point.
The PM pledged that Vietnam will make efforts to improve its proceduresand management so that cooperation agreements with the EIB are rolled out in a faster and more effective way.
Peeters promised that after the meeting, the EIB will review the cooperation process to remove obstacles and limitations so that the EIB and Vietnam would engage in more cooperation projects.
On this occasion, Chinh witnessed the signing of a memorandumof understanding between the EIB and the Electricity of Vietnam (EVN) onfinancial support in energy transition, towards the target of achieving netzero emissions by 2050 as set by the Vietnamese Government./.
Prime Minister Pham Minh Chinh on December 9 toured the Luxembourg Stock Exchange (LuxSE), the first in the world to have a platform dedicated to green securities and currently listing half of the world's green bonds.
Prime Minister Pham Minh Chinh met with President of the Chamber of Deputies of Luxembourg Fernand Etgen on December 9 (Luxembourg time), as part of his official visit to the European country.
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.
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.
Prime Minister Pham Minh Chinh visits the European Investment Bank in Luxembourg. (Photo: VNA) 
At the meeting (Photo: VNA) 
