☕ Afternoon briefing on March 20

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

☕ Afternoon briefing on March 20

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

- Party General Secretary To Lam on March 20 urged the young generations of both Vietnam and China to inherit the tradition of friendship and bring a bright future to the bilateral relations.

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Party General Secretary To Lam speaks at the event. (Photo: VNA)

Addressing a get-together of Vietnamese and Chinese students who have learned in the two countries from different periods, held on the occasion of the 75th founding anniversary of diplomatic relations and the Year of Vietnam-China Humanistic Exchange 2025, the Party chief hailed the significance of the programme, considering it as an opportunity to share about the bilateral friendship, and to convey the message about the role and determination of students over the years in promoting the vision for a new era of development for each Party, each nation, and the bilateral relationship.Read full story

- State President Luong Cuong hosted a reception for out-going Ambassador of the Dominican Republic to Vietnam Jaime Francisco Rodriguez in Hanoi on March 20.

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State President Luong Cuong (R) receives out-going Ambassador of the Dominican Republic to Vietnam Jaime Francisco Rodriguez. (Photo: VNA)

Cuong highly valued the diplomat's contributions to strengthening the bilateral relations during his tenure through all-level delegation exchanges, cultural promotion events, and mutual support at international organisations and multilateral forums. Read full story

- Representatives of US businesses affirmed their interest and readiness to invest and expand operations in Vietnam while meeting with Vice Chairman of the National Assembly Vu Hong Thanh in Hanoi on March 19.

At his reception for a delegation from the US-ASEAN Business Council (USABC) led by its Chairman and CEO Ted Osius, Thanh underlined the crucial role played by the Comprehensive Strategic Partnership with the US in Vietnam’s socio-economic development, investment and trade, science - technology, innovation, and digital transformation. Read full story

- The Vietnamese Government has issued a new decree stipulating that foreign investors could only buy treasury stocks which were purchased by credit institutions before January 1, 2021.

Decree No. 69/2025/ND-CP amends several provisions of Decree No. 01/2014/ND-CP regarding foreign investment in Vietnamese financial institutions. The changes specifically address purchase methods, ownership limits, and investor obligations. Read full story

- To enhance the effectiveness and efficiency of state management, the Politburo has issued a conclusion regarding the research and proposals to continue reorganising the structure of the political system, including the merger of some provincial-level administrative units, the elimination of district-level ones, and the further merger of commune-level units.

The issuance of Conclusion 127-KL/TW of the Politburo and the Secretariat on February 28, 2025 is seen as an important step in the administrative reform process, contributing to streamlining the apparatus, improving service quality for the people, and optimising resources. Read full story

- Vietnam's shrimp exports have demonstrated impressive resilience in the first two months of 2025, solidifying their status as the leading export product of the seafood industry.

The shrimp export value in the first two months of 2025 reached 542 million USD out of a total seafood export value of 1.4 billion USD, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Read full story

- The World Bank is committed to mobilising additional non-refundable aid to support Vietnam’s project on developing one million hectares of high-quality and low-carbon rice in association with green growth in the Mekong Delta region, a senior WB official has said.

Shobha Shetty, Global Director of the Agriculture and Food Global Practice at the World Bank, made the statement while making a field trip to a rice cultivation site at New Green Farm Cooperative in Thot Not district, Can Tho city, on March 19. Read full story

- After skyrocketing to fame in 2024, Phu Quoc shows no signs of slowing down in early 2025, as it continues to be recognised by prestigious travel magazines and media outlets worldwide.

Recently, Asia's leading travel magazine, DestinAsian, announced its list of the Best Islands of 2025, highlighting the top 10 islands in Asia as voted by readers. This annual award celebrates outstanding destinations, hotels, airlines, and services across the region. Last year, Phu Quoc ranked 6th on this list, but in 2025, it has climbed to the 5th position, making it the only representative from Vietnam. This recognition underscores the island’s growing prominence on the global tourism map and increasing visitor satisfaction with its services./. Read full story

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Delegates at the meeting (Photo: VNA)

NA Chairman hopes for deeper, more substantive partnership with US

NA Chairman Tran Thanh Man emphasised the importance of exchanges and contacts at all levels, especially high level, including parliamentary engagements, and called for enhanced collaboration in such areas as economy, trade and investment, science and technology, energy, and war legacy remediation.

Party General Secretary To Lam (right) and US Senator Steven David Daines at their meeting in Hanoi on March 20 (Photo: VNA)

Party chief To Lam receives US Senator

Party General Secretary To Lam stated that economic, trade, and investment relations should remain an important pillar of the Vietnam-US relationship, along with expansion of collaboration in science and technology, innovation, energy, pharmaceuticals, and agriculture - areas where the US has strengths and Vietnam has growing demand.

Deputy PM Nguyen Chi Dung (L) and Guangdong Executive Vice Governor Zhang Hu (Photo: VNA)

Vietnam learns China's economic development models

Vietnam is interested in learning from China’s policies and experiences, particularly Guangdong's, on improving the investment climate, developing the private sector, and advancing new economic models such as free trade zones and high-tech parks, said Deputy PM Nguyen Chi Dung.

Vietnamese Ambassador Nguyen Minh Tam presents flowers from Party General Secretary To Lam to congratulate the 70th anniversary of the Lao People's Revolutionary Party. (Photo: VNA)

Vietnam congratulates Laos on 70 years of Party leadership

Vietnamese Ambassador to Laos Nguyen Minh Tam congratulated the Lao People's Revolutionary Party for its great, comprehensive achievements over the past seven decades and reaffirmed Vietnam’s unwavering support for Laos’ renewal efforts.

Party General Secretary To Lam (right) receives former Special Ambassador for Vietnam-Japan Sugi Ryotaro on March 20. (Photo: VNA)

Party chief praises former special ambassador for helping strengthen Vietnam-Japan ties

Party General Secretary To Lam called on former Special Ambassador for Vietnam-Japan Sugi Ryotaro to further support Vietnam by expanding healthcare and education activities in remote areas, enhancing Vietnam’s global image through Japanese media, maintaining cultural exchange programmes, and strengthening support for the Vietnamese community in Japan.

Prime Minister Pham Minh Chinh speaks at the conference. (Photo: VNA)

PM urges swiftly translating Party's policies into reality

PM Pham Minh Chinh, who is also head of the Inspection Team, applauded the proactive, creative, and determined efforts of the Party Committees’ Standing Boards of the three localities in leading, directing, and implementing the Party's resolutions, conclusions, and directives.

Party General Secretary To Lam speaks at the event. (Photo: VNA)

Party chief urges Vietnamese, Chinese youths to further develop bilateral ties

Party General Secretary To Lam affirmed that the Party and State of Vietnam consistently treasure and prioritise the development of the Vietnam-China Comprehensive Strategic Cooperative Partnership as well as the building of the Vietnam-China community with a shared future that carries strategic significance, for the happiness of the two nations' people and for peace and progress of humanity.

Vietnamese Ambassador to Mexico Nguyen Van Hai (L) presents State President Luong Cuong's credentials to Mexican President Claudia Sheinbaum. (Photo: VNA)

Vietnamese Ambassador presents credentials to Mexican President

Highlighting Vietnam's consistent foreign policy of independence, self-reliance, peace, friendship, cooperation, development, and diversification and multilateralisation of external relations, the diplomat underscored Vietnam’s desire to further promote and deepen its relationship with Mexico in the coming time.

Auditor General of the State Audit Office of Vietnam (SAV) Ngo Van Tuan (L) meets with Mayor of Chongqing Hu Henghua. (Photo: VNA)

Vietnam strengthens audit cooperation with China’s Chongqing city

Briefing the host of the outcomes of his working session with the National Audit Office of China, Tuan appreciated the effective cooperation between the two agencies over nearly two decades, particularly the maintenance of the annual joint seminars with topics aligned with international auditing trends.

Vietnamese Ambassador Ngo Minh Nguyet (middle) poses for a photo with delegates at the event. (Photo: VNA)

Vietnam assumes rotating chairmanship of ASEAN Committee in Argentina

In addition to official ASEAN activities, such as the ASEAN event at the Argentine Parliament, the Vietnamese Embassy will host cultural and social exchanges, including ASEAN Family Day, sports competitions, and culinary and cultural events. These activities seek to foster mutual understanding and uphold the traditional solidarity among ASEAN nations in Buenos Aires.

Vietnamese Ambassador to Algeria Tran Quoc Khanh at the meeting with Touggourt Governor Othmane Abdelaziz (Photo: VNA)

Vietnam boosts cooperation with Algerian localities

During the visit to these provinces, the delegation met with both provincial governors and head of local departments, organised market research discussions, and explored cooperation and investment opportunities in politics, economics, trade, tourism and cultural exchange.