Day: September 2, 2021

Thailand’s leading English-language printed newspaper Bangkok Post on September 2 published an interview with Vietnamese Ambassador Phan Chi Thanh on the occasion of Vietnam’s 76th National Day.

In the article titled “Vietnam in 76 years of Independence”, the diplomat underscored the country’s achievements after the landslide victory of the August Revolution which brought about the establishment of the Democratic Republic of Vietnam on September 2, 1945.

In these 76 years, the story of Vietnam has been impressive to the world, from the triumphs over the wars of resistance to the success of the “Doi moi” (Renewal) process, which make the country today become a strong, democratic and open nation, as well as amongst the fastest growing economies in the world.

He emphasised the transformation from a centralised backward agricultural economy facing constant food shortages to the world’s leading exporter of agricultural products able to ensure food security for a population of more than 97 million, calling it one of Vietnam’s greatest achievements.

At present, Vietnam is among the 40 largest economies in the world and the fourth in the Association of Southeast Asian Nations (ASEAN), Thanh said.

Per-capita income has increased 17-fold to more than 3,500 USD since 2008, leveling Vietnam to the group of middle-income countries.

Vietnam is among the world’s fastest-developing countries in information technology, with 70 percent of its population having access to the internet.

The United Nations has classified Vietnam as one of the countries reaching the Millennium Development Goals. In 2019, Vietnam’s Human Development Index (HDI) hit 0.704, which was a commendable accomplishment compared to countries with a similar level of development.

Thanh went on to say that Vietnam has advocated the model of market economy with socialist orientation since the start of the Doi moi process in 1986, which equally combines both economic and social development targets and policies. Poverty reduction is a key achievement of independent Vietnam.

During the COVID-19 pandemic, the Vietnamese Government has provided social support programmes to the vulnerable groups, including free vaccinations to all residents and expatriates regardless nationalities and occupations.

“Vietnam’s foreign policy built on independence, self-reliance, multilateralism, diversification, peace, friendship, cooperation and proactive integration has borne fruits,” he affirmed.

This year, Vietnam and Thailand are celebrating the 45th founding anniversary of diplomatic relations (August 6).

Touching on major hallmarks in the countries’ ties, the Vietnamese Ambassador affirmed that Vietnam and Thailand are close partners in ASEAN and the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS), as well as under cross regional mechanisms like the Asia-Pacific Economic Cooperation (APEC) and the Asia–Europe Meeting (ASEM).

He firmly believes that the strengthened strategic partnership between Vietnam and Thailand will be further developed in the way that makes the two countries become stronger together.

Source: Vietnam News Agency

On the 76th anniversary of the National Day of the Socialist Republic of Vietnam (September 2), the PathetLao Daily frontpaged an editorial on Vietnam’s development process.

The editorial highlighted that 76 years ago, Vietnam was a small colonialised country but under the leadership of the Communist Party of Vietnam and with the steadfast will and determination, it has become a developing one.

It stressed that Vietnam’s socialist-oriented market economy is developing strongly, with the business and investment environment becoming more and more stable, adding the country’s position and role is increasingly enhanced in the international arena.

The newspaper noted that Vietnam and countries around the world are having to deal with the outbreak of the COVID-19 pandemic. However, under the timely direction of the Party and State and the people’s cooperation and solidarity, Vietnam has achieved many important results in the fight as well as in socio-economic development.

Vietnam has provided medical equipment, supplies and financial support to 51 countries and international organisations to cope with the pandemic, the newspaper noted, highlighting that Vietnam has also received timely support in medical supplies and finance from many countries and international organisations to effectively carry out COVID-19 prevention and control work in the country.

The editorial stressed that Vietnam successfully organised the 13th National Party Congress, and the election of the 15th National Assembly and People’s Councils at all levels in 2021.

It went on to highlight the close friendship between Vietnam and Laos, saying the two nations are not only closely linked in geography, but also share the history of their peoples fighting side by side and overcoming all difficulties and challenges to regain independence and freedom. The Vietnam-Laos relationship has become a rare model of bilateral relations in the world, the editorial said.

At a recent bilateral meeting with General Secretary and President of Laos Thongloun Sisoulith on the occasion of President Nguyen Xuan Phuc’s official friendship visit to Laos, the two sides reaffirmed their goal of tightening and developing friendly relations.

The article congratulated Vietnam on the 76th anniversary of National Day and wished for the lasting friendship, special solidarity and comprehensive cooperation between Vietnam and Laos.

Source: Vietnam News Agency

Vietnam is still a bright spot for foreign businesses, Ambassador to the UK Nguyen Hoang Long has affirmed with representatives of British business circle

At a seminar on September 1, the diplomat also briefed the participants on the current situation of the Covid-19 pandemic in Vietnam and its impacts the economy.

He also presented the highlights of the Vietnam-UK strategic relationship, especially the positive impacts on trade and investment brought by the Free Trade Agreement between the two countries on bilateral relations, and Vietnam’s role in the global supply chain.

On this occasion, the ambassador called on businesses, investors and individuals to share and help Vietnam with medical equipment, medicines and vaccines to deal with the pandemic in the current difficult period.

He expressed his believe that Vietnam will quickly control the pandemic, further boosting investors’ confidence in the market.

Participants appreciated the information provided and said they look forward to updates in the future to further promote relations between the two countries, especially in the fields of trade, investment, education and tourism.

Source: Vietnam News Agency

Vietnam’s economy has achieved stable growth thanks to consistent macro policies, contributing to promoting the role of the private sector, heard a workshop on Vietnam’s economic situation and stock market held by Dragon Capital company on September 1 in London.

Addressing the event, Ambassador Nguyen Hoang Long affirmed the Vietnamese Government’s determination to renovate and open its economy and speed up the privatisation of state-owned enterprises.

With the goal of achieving a per capita income of 4,500 USD by 2025 and 7,500-8,000 USD by 2030, Vietnam will need to post economic growth of 6.5-7 percent per year, Long said, adding that this is a big challenge, especially in the context of the crisis caused by the COVID-19 pandemic.

According to him, Vietnam’s transition to a high-quality economic growth model, and its selective attraction of investment to high technology and “green” growth is a good opportunity for British investors in particular and foreign ones in general.

Dragon Capital Chairman Dominic Scriven said that Vietnam’s advantages to attract foreign investment include good human resources, laws and policies favourable to foreign investment, a highly reliable investment environment and stable growth since Vietnam began implementing the Doi Moi (Renewal) 35 years ago.

He pointed out that the Vietnamese government has reasonable support packages to help people in localities ease difficulties caused by the pandemic, emphasising that this will directly support the resilience of the economy after the pandemic.

Founded in Vietnam in 1994 with a total investment of 16 million USD, Dragon Capital is currently the oldest independent asset manager in the country with assets totaling 2.9 billion USD (as of December 31, 2019).

Source: Vietnam News Agency