Sri Lanka looks to be most open economy in South Asia

Sri Lanka has set the goal of becoming the most open economy in South Asia, its Deputy Foreign Minister Harsha de Silva told a seminar held in Hanoi on January 29.
Sri Lanka looks to be most open economy in South Asia ảnh 1In a supermarket in Sri Lanka (Source: VNA)

Hanoi (VNA) – Sri Lanka has set the goal of becoming the most open economy in South Asia, its Deputy Foreign Minister Harsha de Silva told a seminar held in Hanoi on January 29.

During the event, he also presented an overview of Sri Lanka’s socio-political and economic landscapes as well as its latest outstanding achievements.

According to him, since taking office last September, the Sri Lankan government has been pursuing five strategic goals of promoting economic growth, fighting corruption, ramping up infrastructure and education quality, and ensuring citizens’ rights.

He revealed that the country is working hard to develop into a hub for services and manufacturing supplies for the region and the world, and is paying more attention to high-value farming production for domestic consumption and exports.

The embassy took the occasion to announce its plan to establish a provisional board of the Sri Lanka Business Council in Vietnam.

Earlier, Sri Lankan Ambassador to Vietnam Saranya Hasathi Urgodawatt Dissanayke held a working session with General Secretary of the Vietnam Chamber of Commerce and Industry Pham Thi Thu Hang.

The ambassador said both countries hold huge economic potential which is yet to be tapped to the fullest and wished that they will enhance coordination in more areas of shared interest.-VNA

VNA

See more

At the second economic consultation meeting held in Warsaw (Photo: Ministry of Industry and Trade)

Vietnam, Poland discuss major measures to beef up economic ties

Vietnam and Poland discussed and agreed on major measures to beef up trade and economic partnership at the second economic consultation meeting held in Warsaw as part of Prime Minister Pham Minh Chinh’s ongoing official visit to the European country.

Executive President of the China - ASEAN Business Council (CABC) Xu Ningning. (Photo: VNA)

Broader space for Vietnam - China cooperation: Chinese expert

By working together on new challenges and business opportunities, the prospects for cooperation between China and Vietnam will be even broader, and there will certainly be more space for development, said Executive President of the China - ASEAN Business Council (CABC) Xu Ningning.

Illustrative image (Photo: VNA)

Vietnam, Algeria forge stronger economic bonds

The Vietnam Trade Office in Algeria held a meeting with representatives from several Algerian trade promotion organisations and businesses on January 15 to look back on bilateral trade and chart a course for future collaborations.

Swiss-Viet Economic Forum members (Photo: VNA)

Swiss-Viet Economic Forum helps boost bilateral collaboration

The Swiss-Viet Economic Forum (SVEF) set goals for 2025, focusing on continuing to serve as a bridge to strengthen economic and cultural relations between the two countries at an event on January 15 to celebrate the first anniversary of its establishment.

Workers at a Taiwanese company in An Duong industrial part, Hai Phong city. (Photo: VNA)

Hai Phong, Quang Ninh attract 7.82 billion USD in FDI in 2024

With 7.82 billion USD in foreign direct investment lured in 2024, the port city of Hai Phong and the northeastern province of Quang Ninh continued affirming their strong attraction as the two pillars of the northern economic triangle, that includes Hanoi.