Vietnam, China bolster cooperation in social, livelihood fields
Vietnam and China will step up collaboration in social affairs and people’s livelihoods under a memorandum of understanding (MoU) signed by Minister of Planning and Investment Nguyen Chi Dung and Chairman of the China International Development Cooperation Agency (CIDCA) Luo Zhaohui on August 19.
Vietnam and China will step up collaboration in social affairs and people’s livelihoods under a freshly-signed memorandum of understanding. (Photo: VNA)
Beijing (VNA) – Vietnam and China will step up collaboration in social affairs and people’s livelihoods under a memorandum of understanding (MoU) signed by Minister of Planning and Investment Nguyen Chi Dung and Chairman of the China International Development Cooperation Agency (CIDCA) Luo Zhaohui on August 19.
The signing took place as part of the ongoing state visit to China by the General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam and his spouse.
The MoU aims at materialising the common perceptions reached by high-ranking leaders of the two Parties and States on boosting economic cooperation, including development collaboration, and the implementation of the Global Development Initiative (GDI).
Accordingly, both sides agreed to study and carry out projects in the above-mentioned domains to better socioeconomic conditions, thus improving the livelihoods of people, particularly those living in mountainous, remote, and ethnic minority-inhabited areas.
In the coming time, the Vietnamese Ministry of Planning and Investment and the CIDCA will take specific actions to effectively implement projects using the aid from the Chinese Government, and other aid projects within the GDI. They will focus on carrying out those using the 600 million CNY (83.74 million USD) aid provided by the Chinese Government for the Vietnamese Government./.
Vietnam and China have been tightening their economic and trade ties over the recent years, reflecting a strong vitality, said the International Business Daily, the mouthpiece of the Chinese Ministry of Commerce.
General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President of Vietnam To Lam held talks with General Secretary of the Communist Party of China (CPC) Central Committee and President of China Xi Jinping in Beijing on August 19.
Director of the Institute for Vietnam Studies at the Zhengzhou University Prof. Yu Xiangdong has said that the state visit to China by General Secretary of the Communist Party of Vietnam (CPV) Central Committee and State President To Lam is a strategic choice based on the stable development of the bilateral relations.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
