☕ Afternoon briefing on August 1

The following is a brief review of the day’s events as reported by the Vietnam News Agency.

☕ Afternoon briefing on August 1

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency.

- State President To Lam held talks with visiting President of Timor-Leste José Ramos-Horta in Hanoi on August 1, during which the leaders sought measures to further promote all-round cooperation between the two countries.

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State President To Lam and President of Timor-Leste José Ramos-Horta in Hanoi on August 1. (Photo: VNA)

Lam underlined that the visit, the third by Ramos-Horta to Vietnam, including two as the President of Timor-Leste, will create new momentum for collaboration between the two countries. Read full story

- Indian Prime Minister Narendra Modi presided over an official welcome ceremony for visiting Vietnamese Prime Minister Pham Minh Chinh at the presidential palace in New Delhi on August 1 morning.

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Visiting Vietnamese Prime Minister Pham Minh Chinh (L) and Indian Prime Minister Narendra Modi at an official welcome ceremony for the former at the presidential palace in New Delhi on August 1 morning. (Photo: VNA)

At the ceremony, the national anthems of both countries were played by a military band, followed by PM Chinh reviewing the Indian Armed Forces' guard of honour. Afterwards, the two PMs introduced the members of their respective delegations to each other. Read full story

- National Assembly (NA) Chairman Tran Thanh Man hosted a reception in Hanoi on August 1 for Tokai Kisaburo, member of the House of Representatives of Japan and Chairperson of the Policy Research Council under the Liberal Democratic Party (LDP).

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National Assembly Chairman Tran Thanh Man (R) receives Tokai Kisaburo, member of the House of Representatives of Japan and Chairperson of the Policy Research Council under the Liberal Democratic Party (LDP). (Photo: VNA)

On behalf of the Party and State leaders and people of Vietnam, Man expressed sincere gratitude to Prime Minister Kishida Fumio, Speaker of the House of Representatives Nukaga Fukushiro, President of the House of Councillors Otsuji Hidehisa, and members of the Japanese Parliament for their messages of condolences on the passing of Party General Secretary Nguyen Phu Trong. Read full story

- Foreign investors injected more than 2.87 billion USD into the Vietnamese realty market during January-July, a year-on-year surge of 78%, according to the Ministry of Planning and Investment (MPI)’s Foreign Investment Agency.

The agency said that foreign investors funneled their money in 18 out of the 21 economic sectors, with the processing and manufacturing industry attracting the largest share of over 12.65 billion USD, or 70.3% of the total. Read full story

- Vietnam has a market economy, if the pace of reforms it has undertaken from the Doi Moi (Renewal) period in 1986 to now is taken into consideration, Senior Lecturer in Economics at Australia’s Deakin University Dr. Cong Pham has assessed.

Vietnam joined the World Trade Organisation (WTO) in 2007 and has since signed numerous multilateral and bilateral free trade agreements (FTAs) with various countries, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the EU-Vietnam Free Trade Agreement (EVFTA), and the Vietnam-US Bilateral Trade Agreement. Read full story

- Vietnam Airlines took delivery of its fifth Boeing 787-10 on July 31, making it the 30th wide-body aircraft in the national flag carrier's fleet.

The Boeing 787-10 is currently the largest passenger aircraft used in Vietnam, with a length of over 68 metres. With 367 seats available, including 24 in business class, the aircraft will help the airline better meet passengers’ increasing demand during peak seasons./.Read full story

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Chief Justice of the Supreme People's Court of Vietnam Le Minh Tri (right) receives EU Ambassador to Vietnam Julien Guerrier on April 18. (Photo: VNA)

Vietnam, EU strengthen judicial cooperation

Building upon the results of the EU JULE project’s Phase 1 (2018–2024), the EU’s support in the next phase will help address challenges in strengthening the effectiveness and efficiency of Vietnam's legal and judicial institutions, said Chief Justice of the Supreme People's Court of Vietnam Le Minh Tri.

Permanent Vice Chairwoman of Hanoi People's Council Phung Thi Hong Ha works with representatives of Skoda Auto Group. (Photo: VNA)

Hanoi eyes to expand cooperation with Czech localities

During meetings with leaders and working sessions with the business community in localities of the Central European country, the two sides disused many measures to further strengthen cooperation in various fields between Hanoi and Czech localities.

Minister of Construction Tran Hong Minh (R) receives Mariam Sherman, WB Country Director for Vietnam, Cambodia, and Lao in Hanoi on April 18. (Photo: VNA)

World Bank affirms interest in infrastructure development in Vietnam

Minister of Construction Tran Hong Minh stated the Vietnamese Government always appreciates the World Bank’s long-standing support for the country’s socio-economic development and global integration, particularly in areas such as poverty alleviation, gender equality, and development in remote and disadvantaged regions.

PM Pham Minh Chinh speaks at the meeting (Photo: VNA)

Laws must institutionalise Party’s guidelines: PM

Prime Minister Pham Minh Chinh has underscored the need to concretise and institutionalise the Party’s guidelines, accelerate decentralisation and delegation of power in law-making, supported by robust oversight mechanisms and adequate resource allocation.

Prime Minister Pham Minh Chinh (R) receives Warburg Pincus CEO Jeffrey Perlman (Photo: VNA)

PM urges Warburg Pincus to boost fair, sustainable Vietnam-US trade

As Vietnam is a developing country with a transitioning economy, and is still dealing with the severe consequences of war, it hopes to continue receiving support and cooperation from the US, and strengthening and deepening the Vietrnam-US Comprehensive Strategic Partnership, including maintaining and promoting stable, sustainable economic and trade relations based on equality and mutual benefit, while enhancing cooperation with US investors in the country.

Panels and banners celebrate the 50th anniversary of national reunification in HCM City (Photo: VNA)

Vietnam’s post-war achievements mark a new April 30 victory: Bolivian politician

Ignacio Mendoza Pizarro, First Secretary of the Communist Party of Bolivia described Vietnam’s development achievements as a continuation of the nation’s enduring qualities: resilience, firmness, dynamism, and self-reliance. He noted that Vietnam’s experience in economic reform and foreign investment attraction are of strong interest to Bolivia’s ruling alliance and to revolutionary movements around the world.

Prime Minister Pham Minh Chinh sees off Ethiopian Prime Minister Abiy Ahmed Ali after their visit to Tran Quoc Pagoda in Hanoi on April 17. (Photo: VNA)

Ethiopian PM wraps up official visit to Vietnam

Ethiopian Prime Minister Abiy Ahmed Ali and his spouse Zinash Tayachew left Hanoi on April 17 afternoon, wrapping their official visit to Vietnam and attendance at the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit in Hanoi from April 14-17.