German media laud Vietnam’s pandemic efforts and stock market potential
German financial newspaper Finanznachrichten ran an article on May 19 covering the upcoming election of deputies to the 15th National Assembly and People’s Councils at all levels for the 2021-2026 tenure as well as the COVID-19 situation in Vietnam, expressing a belief that the country is controlling its latest outbreak.
Berlin (VNA) - German financial newspaperFinanznachrichten ran an article on May 19 covering the upcoming election of deputies tothe 15th National Assembly and People’s Councils at all levels forthe 2021-2026 tenure as well as the COVID-19 situation in Vietnam, expressing abelief that the country is controlling its latest outbreak.
The article quoted Director of the Germany Trade andInvest Office in Hanoi Frauke Schmitz-Bauerdick as saying that observersbelieve Vietnam is doing a good job in curbing the new outbreak and can continuewith its economic strategies.
Despite COVID-19, she said, Vietnam was one of only a fewnations to post growth last year, of 2.9 percent. The Asian Development Bank hasforecast that growth may reach 6.7 percent this year and 7 percent next year.
Public investment, especially in infrastructure, aswell as personal consumption by the country’s growing middle-class and strongexports will propel growth this year.
As of late April, she added, newly-registered investmentcapital stood at 8.5 billion USD, up 24.7 percent year-on-year.
Meanwhile, the Handelsblatt newspaper spoke highly of thepotential of Vietnam’s stock market due to the high earnings on offer, especiallyin stocks and bonds.
It named several funds possessing a high r🍨atio of Vietnamese bonds, suchas Magna New Frontiers, MSCI Frontier Markets, theXtrackers S&P Select Frontier Swap ETF, Global Investment Funds - FrontierMarkets, a⛦nd Frontier Markets Funds./.
Foreign Minister Bui Thanh Son and Deputy Prime Minister and Foreign Minister of Thailand Don Pramudwinai agreed to implement measures to raise bilateral trade to 25 billion USD soon during their phone talks on May 19.
Additional 44 new COVID-19 cases were recorded in Vietnam in the past six hours to 12:00pm on May 20, with all in quarantine facilities or locked-down areas, according to the Ministry of Health.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
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The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Illustrative image (Photo: VNA) 
