PM Pham Minh Chinh encouraged GCC investors and enterprises to expand their presence in Vietnam, especially in the development of international financial hubs, digital transformation, energy transition, and green economy projects.
Kuala Lumpur (VNA) – Prime Minister Pham Minh Chinh met with Secretary-General of the𓆉 Gulf Cooperation Council (GCC) Jasem Mohamed Al-Budaiwi in Kuala Lumpur on May 27 during his trip to Malaysia for official visit and the 46th ASEAN Summit and related meetings.
PM Chinh expressed his delight at the positive momentum in Vietnam - GCC relations since their previous meeting at the 55th Annual Meeting of the World Economic Forum (WEF Davos) in January 2025, notably ongoing efforts to launch negotiations for a Free Trade Agreement (FTA) between Vietnam and the GCC.
He proposed that the GCC Secretary-General support and expedite the necessary procedures to announce the start of FTA negotiations at the earliest possible date, as well as explore agreements on investment promotion and protection to create a more favourable environment for economic, trade, and investment ties.
The PM encouraged GCC investors and enterprises to expand their presence in Vietnam, especially in the development of international financial hubs, digital transformation, energy transition, and green economy projects.
The GCC Secretary-General congratulated Vietnam on its impressive success in economic growth and investment attraction, noting its emergence as a dynamic economy and major global manufacturing hub.
At the meeting (Photo: VNA)
Affirming that all GCC member states value and wish to deepen cooperation with Vietnam, he agreed with PM Chinh's proposals, committing to the early launch of Vietnam-GCC FTA negotiations to establish a solid legal framework for economic ties.
Both sides agreed to effectively deliver on commitments made at this Summit, co-host trade and investment promotion events in Vietnam, and develop a concrete plan to realise the Memorandum of Understanding on cooperation between the Vietnamese Ministry of Foreign Affairs and the GCC Secretariat.
On the occasion, PM Chinh conveyed greetings from Party General Secretary To Lam and other high-ranking Vietnamese leaders. He expressed his wish to welcome the GCC Secretary-General to Vietnam this year. The GCC Secretary-General accepted the invitation with pleasure./.
The Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) need to work together to shape a new-generation model of inter-regional cooperation, based on sincerity, substance, comprehensiveness, cohesion, and greater effectiveness, Vietnamese Prime Minister Pham Minh Chinh said at the second ASEAN-GCC Summit in Kuala Lumpur, Malaysia, on May 27.
PM Pham Minh Chinh proposed establishing a robust financial connectivity network among major centres such as Ho Chi Minh City, Kuala Lumpur, Singapore, Bangkok, Shanghai, Dubai, and Riyadh to create a seamless inter-regional financial ecosystem, which he said will propel ASEAN – GCC – China cooperation to new heights.
PM Chinh called on ASEAN and GCC to strengthen strategic connectivity and promote substantive cooperation towards sustainable and inclusive development, with people and businesses placed at the centre.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
