Vietnam and World
Deputy PM and FM Pham Binh Minh holds talks with Chinese FM Wang Yi (Photo: VNA)
Chinese ship proactively rams Vietnam Marine Police's ship (Source: Vietnam Marine Police)
In the area (Source: AP)
Prime Minister Nguyen Tan Dung in Myanmar last year (Source: VNA)
Illustrative image. (Source: VNA)
Chinese ship uses water cannons against Vietnamese coast guard vessels (Source: Vietnamese Ministry of Foreign Affairs)
The agreement was first initiated between Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh and the US Secretary of State John Kerry in Brunei on October 10, 2013 under the framework of the 23rd ASEAN Summit.
Prime Minister Nguyen Tan Dung will lead a Vietnamese delegation to the 24 th ASEAN Summit scheduled for May 10-11 in Myanmar ’s capital city Nay Pyi Taw.
Vietnamese exports to Algeria have steadily increased in recent times, up almost 40% year-on-year in 2013, making the North African nation one of the country’s largest export markets. In the first quarter of 2014, official statistics show exports jumped 32% compared to the same period last year tallying US$67.89 million. Of the figure, coffee exports accounted for the lion’s share at US$30.97 million, and telephone and component exports trailed a distant second at US$18.51 million. Vietnamese major exports to Algeria are coffee, rice, pepper, coconut rice, and seafood. Due to the peculiarities of the market’s demand, there is a vast potential for Vietnam to also export such items as garment and textiles, footwear, wood, computers and components, construction materials, and electronics. Additionally, a number of Vietnamese commodities have a good prospect of penetrating the market, including steel and iron, fruits and vegetables, rubber, ships, footwear, and handicrafts. The Algerian Government is currently implementing programmes to attract investment in the processing industry, agriculture, and consumer goods production as part of an effort to boost the nation’s economy, diversify its industries and generate jobs. Furthermore, the Algerian government has expressed a keen interest in cooperating with Vietnam in investment, technological transfer, especially in the processing and manufacturing industry. VOV
Ho Chi Minh City is willing to invite Chinese investors, including those from southwestern Yunnan province, to explore business opportunities.