☕ Afternoon briefing on May 13

The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 13.


Hanoi, (VNA) – The following is a brief review of theday’s events as reported by the Vietnam News Agency on May 13.

-President Nguyen Xuan Phuc hosted visiting Secretary of theLao People’s Revolutionary Party (LPRP)’s Central Committee and President ofthe Lao People’s Supreme Court Viengthong Siphandone in Hanoi on May 13.

President Phuc affirmed that the Party, State andpeople of Vietnam always attach great importance to preserving and developingthe special Vietnam-Laos ties, including the cooperation between the twoSupreme People’s Courts. Read full story

- PrimeMinister Pham Minh Chinh and leaders of other ASEAN countries had a workinglunch with US lawmakers in Washington D.C. on May 12 (local times), ahead ofthe ASEAN-US Special Summit.

Participants discussed issues related tocooperation in trade, investment, people-to-people exchange,science-technology, renewable energy development, and the response to securitychallenges in the region and the world. Read full story

-As partof his trip to the US, PM Chinh attended a meeting with the US businesscommunity in Washington D.C on May 12 (local time). At the meeting, Chinh saidcooperation activities between Vietnam and the US continue to develop deeply inall fields, particularly in investment and finance, with businesses of the twocountries playing a very important role.

The meeting was held by the US-ASEAN BusinessCouncil and the US Chamber of Commerce. Read full story

-At his meetingthe same day with Chief Executive Officer of the US International DevelopmentFinance Corporation (DFC) Scott A. Nathan,  PM Chinh suggested that, on the basis of thepositive cooperation results attained so far, DFC continue to support Vietnamin areas such as green transition, circular economy, renewable energy, climatechange response, digital transformation, and addressing war aftermaths. Read full story

-In anothermeeting with US Trade Representative Katherine Tai also on May 12, PM Chinhsaid the Government of Vietnam views the economic, trade, investment andfinancial relations with the US as a strong driver for boosting the bilateralcomprehensive partnership. Read full story

-PrimeMinister Pham Minh Chinh and his Singaporean counterpart Lee Hsien Loong haveagreed to promote high-level visits and meetings and maintain bilateralcooperative mechanisms during their meeting ahead of the ASEAN-US SpecialSummit in the US. Read full story

-Minister of Information and Communications NguyenManh Hung expressed his hope for stronger partnerships between QualcommIncorporated and technology companies of Vietnam, while receiving an executiveof the US firm in Washington D.C. on May 12.

The meeting with Alex Rogers, President ofQualcomm Technology Licensing and Global Affairs, took place as Hung wasaccompanying Prime Minister Pham Minh Chinh in his ongoing working visit to theUS. Read full story

-Ministerof National Defence Gen. Phan Van Giang and his visiting Indonesian counterpartPrabowo Subianto agreed to intensify bilateral defence relations in the timeahead in their talks in Hanoi on March 13.

Subianto, who is on an official visit from May 12to 14, said his country always attaches importance to the relations withVietnam. Read full story

- ResidentRepresentative of the International Monetary Fund (IMF) for Vietnam FrancoisPainchaud has said Vietnam has successfully maintained fiscal, external andfinancial stability.

Speaking at a May 12 forum on forecast forVietnam’s economy in 2022-2023 held by the Economy & Forecast Review,Painchaud said Vietnam’s economy is projected to grow 6 percent in 2022 and 7.2percent in 2023. Read full story

-The HSBChas forecast that Vietnam's inflation will increase 3.7 percent, still belowthe inflation ceiling of 4 percent set by the State Bank of Vietnam (SBV).

In its "Vietnam at a glance" report inMay, HSBC Vietnam said that inflation pressure in Vietnam remains low in theASEAN region. Read full story

-Pandora,a Danish jewelry manufacturer, will invest 100 USD million to build a newfacility in the Vietnam Singapore Industrial Park (VSIP) in the southern provinceof Binh Duong under a memorandum of understanding signed between two sides onMay 12. Read full story

- Allcountries need to make stronger commitments and take more drastic and effectivemeasures to demonstrate their responsibility for the sustainable development ofthe ocean economy, Deputy Prime Minister Le Van Thanh told the InternationalConference on Sustainable Ocean Economy and Climate Change Adaptation.

The conference is being held on May 12 and 13 inboth online and offline formats by the Vietnamese Ministry of Natural Resourcesand Environment and the Norwegian Ministry of Foreign Affairs, with the supportof the United Nations Development Programme (UNDP). Read full story

-Politburomember and head of the Party Central Committee's Economic Commission Tran TuanAnh stressed Vietnam’s commitment made at COP26 to achieving net zero emissionby 2050 while receiving UK and EU diplomats in Hanoi on May 12.

Anh had meetings with John Murton, UK government'sEnvoy for the 26th United Nations Climate Change Conference of the Parties(COP26), and EU Ambassador for Climate Diplomacy Marc Vanheukelen. Read full story

-Thehomepage of the International Olympic Committee (IOC) and the internationalmedia have run articles reflecting their impressions with the brilliant andmagnificent opening ceremony of the 31st Southeast Asian Games (SEA Games 31)at My Dinh National Stadium in Hanoi in the evening of May 12. Read full story/.
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