☕ Afternoon briefing on March 12

The elevation of the Vietnam – Singapore relations to a Comprehensive Strategic Partnership, the opening of the AI-Semiconductor Conference, and the WB’s project for Vietnam’s economic growth are some of news highlights on March 12.

☕ Afternoon briefing on March 12

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

– General Secretary of the Communist Party of Vietnam Central Committee To Lam held talks with Singaporean Prime Minister Lawrence Wong in the city state on March 12, in which they agreed to upgrade the bilateral relationship to a Comprehensive Strategic Partnership.

The establishment of the Comprehensive Strategic Partnership is a historic milestone in the bilateral relationship, opening a new chapter with a more comprehensive and long-term vision. Read full story

– Vietnam and Singapore on March 12 issued a joint statement on the establishment of the Comprehensive Strategic Partnership.

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Party General Secretary To Lam (L) and Singaporean PM Lawrence Wong (R) witness the exchange of a MoU on digital transformation between the Vietnamese Ministry of Public Security and the Singaporean Ministry of Digital Development and Information on March 12. (Photo: VNA)

The joint statement was issued on the occasion of Party General Secretary To Lam’s official visit to Singapore. Read full story

– Singapore has named a new orchid species after Party General Secretary To Lam and his spouse Ngo Phuong Ly, marked with a ceremony at the Singapore Botanic Gardens on March 12.

The naming ceremony took place as part of their official visit to the city state, with Singaporean Prime Minister Lawrence Wong in attendance. This is a prestigious diplomatic tradition in the country, reserved exclusively for distinguished foreign guests. Read full story

– Prime Minister Pham Minh Chinh urged greater effort to effectively implement the National Financial Inclusion Strategy to 2025 with a vision until 2030, towards ensuring inclusive, comprehensive, and equitable financial access while chairing the second meeting of the National Steering Committee for Financial Inclusion in Hanoi on March 12.

PM Chinh, who is also head of the steering committee, highlighted the significance of the strategy for the country's socio-economic development, saying that it enables individuals and businesses to access essential financial resources and services for development, improving living standards of the people, and promoting savings and investment. Read full story

– Vice Chairwoman of the Vietnamese National Assembly Nguyen Thi Thanh outlined three key priorities for advancing gender equality in her keynote speech at the general debate of the 69th session of the Commission on the Status of Women (CSW) under the United Nations Economic and Social Council (ECOSOC) on March 11.

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This year’s session brings together representatives from nearly 200 UN member states and observers, dozens of international organisations, and more than 200 non-governmental organisations. (Photo: VNA)

She emphasised the need to refine institutional, legal, and policy frameworks to ensure equal participation of women, particularly in decision-making across all sectors. Read full story

– The AI-Semiconductor Conference (AISC 2025) was launched in Hanoi on March 12, bringing together over 1,000 leaders and experts from tech giants like Google, NVIDIA, IBM, Meta, Intel, and Samsung.

The event, held by the National Innovation Centre (NIC) in collaboration with US-based Aitomatic, Inc., is expected to bring cross-border business opportunities while affirming Vietnam’s role in the global AI and semiconductor industries. Read full story

– The Mong Cai (Vietnam) - Dongxing (China) international border gate pair will be developed into a smart border gate pair.

Leaders of the two cities reached consensus on the issue at their talks held in Vietnam's northern Quang Ninh province on March 11 which aimed to discuss measures to promote their cooperative and friendship relations. Read full story

– Vietnamese Ambassador to Cuba and Jamaica Le Quang Long on March 11 presented his credentials to the Governor-General of Jamaica Patrick Allen and engaged in high-level meetings aimed at enhancing cooperation between the two countries.

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Vietnamese Ambassador to Cuba and Jamaica Le Quang Long (R) presents his credentials to Governor-General of Jamaica Patrick Allen on March 11. (Photo: VNA)

The diplomat emphasised that Vietnam highly values its friendly relations with Jamaica. He proposed practical measures to strengthen bilateral ties, including increasing the exchange of delegations at various levels, enhancing coordination in multilateral forums, and expanding collaboration in key areas such as economy and climate change. Read full story

– Vietnam’s economy is projected to grow 6.8% this year and 6.5% in the following year, the World Bank (WB) has forecast.

According to the WB’s latest economic update report for Vietnam – Taking Stock released on March 12, a rebound in exports, powered by the global demand for technology products, supported growth in 2024. However, the momentum is expected to slow this year. Read full story./.

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Minister of Agriculture and Environment Trinh Viet Hung presents the Government’s proposals on the amendments to the 2024 Land Law. (Photo: VNA)

Amendments to Land Law aim to achieve three key goals

The Government has identified three major objectives: promptly institutionalising Party policies on land, private-sector development and national digital transformation; addressing urgent practical obstacles to unlock resources and support the goal of double-digit economic growth; and building a modern, streamlined and effective land management system through stronger decentralisation and administrative reform.

Minister of Finance Ngo Van Tuan speaks at the session (Photo: VNA)

NA considers consolidated law to streamline public finance management

Consolidating the Law on State Budget 2025 and the Law on Public Investment 2024 (amended and supplemented in 2025) is necessary to establish a consistent public finance management mechanism; minimise procedures, time and compliance costs; and improve the mobilisation, management and use of State budget resources to support growth.

President Ho Chi Minh's Mausoleum attracts a large number of visitors (Photo: VNA)

📝OP-ED: A century of aspirations, a rising Vietnam

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The 16th National Assembly begins the second phase of its first extraordinary session on August 19. (Photo: VNA)

NA begins second phase of first extraordinary session, focusing on land, housing policies

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Member of the Communist Party of Vietnam Central Committee and Deputy Foreign Minister Nguyen Manh Cuong (R) meets with Roman Roun, Chairman of the Communist Party of Bohemia and Moravia (KSCM) in Hanoi on August 18. (Source: Baoquocte.vn)

Vietnam, Czech Republic step up effective implementation of Strategic Partnership

The two sides expressed their delight at the positive and substantive development of traditional friendship and multifaceted cooperation between Vietnam and the Czech Republic, and welcomed the elevation of bilateral ties to a Strategic Partnership in January 2025, which has created a new framework and impetus for deeper, more effective and sustainable cooperation.

Politburo member and Minister of Foreign Affairs Le Hoai Trung (R) receives visiting Chairman of the Communist Party of Bohemia and Moravia (KSCM) Roman Roun in Hanoi on August 18 (Photo: VNA)

Vietnam, Czech Republic seek to deepen multifaceted cooperation

Politburo member and Minister of Foreign Affairs Le Hoai Trung affirmed that the Party, State and people of Vietnam have always cherished the valuable support extended by the Communist Party and people of former Czechoslovakia, as well as by the KSCM and Czech people today.

Minister of Foreign Affairs Le Hoai Trung speaks at the event. (Photo: VNA)

Vietnam-India cooperation grows more practical, future-oriented

Vietnam-India relations, founded by President Ho Chi Minh and Indian leaders and nurtured by generations of the two countries, have developed into a special and enduring friendship. Bilateral cooperation has delivered significant and practical benefits, with two-way trade doubling over the past decade, while defence and security cooperation has become increasingly substantive and effective, reflecting high levels of strategic trust.

Prime Minister Le Minh Hung speaks at the Government's August law-building session on August 18. (Photo: VNA)

Draft laws must support management reform, stronger decentralisation: PM

Participants looked into 11 draft laws and one draft resolution, including laws amending and supplementing several articles of laws on non-agricultural land use tax and corporate income tax; natural resources tax; securities; accounting and independent auditing; the Labour Code; and laws on archives, gender equality, Red Cross activities and employment.

General Secretary of the Communist Party of Vietnam and President To Lam, who is also Secretary of the Central Military Commission, visits Infantry Division 308 of Army Corps 12 under the Ministry of National Defence in Hanoi on August 18 (Photo: VNA)

Top leader visits Infantry Division 308

General Secretary and President To Lam urged the division to preserve its proud tradition and turn it into determination and action, underscoring the need for it to uphold the “vanguard” spirit, especially in building a revolutionary, regular, elite and modern army; training and maintaining combat readiness; advancing science, technology, innovation and digital transformation; observing discipline and law; mastering modern weapons and equipment; and fulfilling its three functions as a combat, working and production force.