☕ Afternoon briefing on December 2

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

☕ Afternoon briefing on December 2

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

- Vietnamese National Assembly Chairman Tran Thanh Man held talks with Speaker of the Parliament of Singapore Seah Kian Peng on December 2 as part of his official visit to the city-state.

The host affirmed that after 50 years of establishing diplomatic relations and more than 10 years since they set up their Strategic Partnership, Vietnam and Singapore have seen their ties unceasingly develop across all domains and via the Party, State, Government, parliament, and people-to-people exchange channels. The two countries have shared strategic visions, strong trade and investment ties, as well as close relations between their people. Read full story

- National Assembly (NA) Chairman Tran Thanh Man on December 2 received Lee Ark Boon, CEO of Singapore’s Sembcorp Development and Chairman of VSIP Group, as part of the top legislator’s ongoing official visit to Singapore.

The Vietnamese NA hailed Sembcorp’s investment in 18 Vietnam-Singapore Industrial Park (VSIP) projects across 13 provinces and cities, which have created jobs for over 300,000 workers in Vietnam. He described VSIP as an exemplary model of combining modern infrastructure development with effective foreign investment attraction. Read full story

- Chairman of the Vietnamese National Assembly (NA) Tran Thanh Man received Wee Ee Cheong, Deputy Chairman and Group Chief Executive Officer of United Overseas Bank (UOB) – one of the world’s top banks, within the framework of his ongoing official visit to Singapore on December 2.

Appreciating the bank's investment activities in Vietnam since 1993, Man highlighted that the country prioritises the development of green finance, high technology, renewable energy, and green energy; and is always ready to create favourable conditions for foreign businesses, including UOB, to expand their investment activities in these sectors. Read full story

- The official visit to Singapore from December 1-3 by Vietnamese National Assembly (NA) Chairman Tran Thanh Man takes place at the right time and holds great significance, according to Assoc. Prof. Vu Minh Khuong at the Lee Kuan Yew School of Public Policy under the National University of Singapore.

Granting an interview to the Vietnam News Agency’s correspondents in Singapore, Khuong said that the two countries and their parliaments in particular see extremely special potential for collaboration. Firstly, the nations share significant similarities in their political systems, allowing the implementation of long-term cooperation strategies. Read full story

- President Luong Cuong requested the court sector to strictly carry out the Party’s policy on building an elite, streamlined, strong, efficient, and effective apparatus at a working session with the Supreme People’s Court on December 2.

The State leader, also head of the Central Steering Committee for Judicial Reform, stated that the streamlining work must go hand in hand with renewing leadership method and ensuring a contingent of high-quality staff with professional ethics and capabilities. Read full story

- Prime Minister Pham Minh Chinh on December 1 signed an official dispatch demanding ministries, sectors, and localities to promote thrift practice and wastefulness combat.

In the dispatch, the PM requested ministers, heads of ministry-level and governmental agencies, and chairpersons of People's Committees of provinces and centrally-run cities strongly carry out certain tasks and measures to continue enhancing the efficient and effective implementation of policies and law on thrift practice and wastefulness prevention. Read full story

- Prime Minister Pham Minh Chinh has outlined three objectives and seven key tasks to promote the growth of Vietnam’s logistics sector, including reducing logistics costs from 18% to 15% by 2025.

Addressing the Vietnam Logistics Forum 2024, which was held in southern Ba Ria-Vung Tau province on December 2, PM Chinh pointed to the need to increase the sector's contribution to the country's GDP from 10% to 15% and even 20%, while raising Vietnam’s share of global logistics from 0.4% to 0.6%, and lifting the sector's growth rate from 14-15% to 20%. Read full story

- Prime Minister Pham Minh Chinh, who is also Chairman of the Coordinating Council for the Southeast Region, chaired the fifth meeting of the council held in the southern province of Ba Ria-Vung Tau on December 2.

Opening the meeting, themed "Southeast region's double-digit economic growth for 2025: Challenges, opportunities, and solutions," PM Chinh underlined that to achieve the goals set by the resolution of the 13th National Party Congress, the country must strive for sustainable, inclusive development with double-digit growth in the coming years. Read full story

- The continued reform and restructuring of the political system's organisational apparatus are a critical and urgent task in the current situation as time does not wait, Party General Secretary To Lam stressed while addressing the Party Central Committee’s meeting on November 25.

Time does not wait, as the streamlining of the political system's organisational apparatus is crucial in a new era - the era of the nation’s rise, which, according to the Party chief, begins with the 14th National Party Congress, scheduled for January 2026. Read full story

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Workers process tuna. (Photo VNA)

- Tuna export value is forecast to reach 1 billion USD in 2024, marking an 18% increase compared to last year’s figure and solidifying the product's role as one of Vietnam’s key seafood exports.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the country earned 821 million USD from tuna exports in the first ten months of the year, an 18% rise year-on-year. October alone saw shipments worth nearly 93 million USD, a 22% increase compared to the same period last year./. Read full story

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