Vietnamese legislature supports operations of foreign business communities
The National Assembly (NA) wants to create a favourable legal corridor for investment, production, and business activities of domestic and foreign firms in Vietnam, affirmed Chairman Vuong Dinh Hue while receiving Chairman of the Korean-based SK Group Chey Tae-won in Hanoi on October 27.
Chairman Vuong Dinh Hue (L) and Chairman of the Korean-based SK Group Chey Tae-won at their meeting in Hanoi on October 27 (Photo: VNA)
Hanoi (VNA) – The National Assembly (NA) wants to create a favourable legal corridor for investment, production, andbusiness activities of domestic and foreign firms in Vietnam, affirmed ChairmanVuong Dinh Hue while receiving Chairman of the Korean-based SK Group CheyTae-won in Hanoi on October 27.
Lauding the group’s cooperation with Vietnamese partners andpractice of social responsibility, Hue welcomed its investment in a high-techbiodegradable materials factory in Hai Phong as well as its proposals forcollaboration in the fields of energy, semiconductors, and ICT in the time tocome.
SK has significantly supported the National Innovation Center(NIC) of Vietnam, which will officially open on October 28. During the COVID-19 pandemic,it donated 1 million USD for Vietnam's vaccination fund.
The top legislator expressed his hope that the group willshare its experiences, contributing to the building of a practical legal frameworkfor the improvement of Vietnam’s business climate.
He suggested SK make further contributions to Vietnam’seconomic growth and team up with Vietnam in the nation’s processes of energytransition and carbon emission reduction toward the net-zero goal for 2050.
Hue went on underscoring the NA’s willingness to accompany SKand facilitate its effective, successful and sustainable investment andbusiness operations in Vietnam.
Chairman Vuong Dinh Hue (R) and Chairman of the Korean-based SK Group Chey Tae-won at their meeting in Hanoi on October 27 (Photo: VNA)
In response, the SK Chairman showed his delight at outcomes graduallyformed following the signing of memoranda of understanding on cooperationbetween Vietnam and the Republic of Korea during Hue’s 2021 official visitto the latter.
Chey affirmed that the group stands ready to work withVietnamese partners in green energy transition, helping Vietnam capitalise onits potential and be proactive in energy production.
In his position as Chairman of the Korea Chamber of Commerceand Industry (KCCI), he informed his host of the chamber’s ongoing teamwork withthe Vietnam Chamber of Commerce and Industry (VCCI) regarding the development ofprivate enterprises. Chey said he hopes that small-scale but innovative firms will take a more active role in setting up shop in Vietnam./.
National Assembly Chairman Vuong Dinh Hue received leaders of leading groups and enterprises of the Republic of Korea in Seoul on December 13, within the framework of his official visit to the country.
Vice Chairman of Can Tho city People's Committee Duong Tan Hien and representatives of local departments and agencies on July 26 met with a delegation from SK Group led by senior advisor Lee Dong Uk, discussing pilot projects under the city’s green growth strategy.
SKC Co. of the Republic of Korea (RoK) is planning to build a factory in Vietnam to produce materials for biodegradable plastics, as it pushes to expand the eco-friendly materials business.
A number of large enterprises from the Republic of Korea (RoK) are continuing to pour investment into Vietnam, turning the Southeast Asian country into their leading manufacturing hub in the world.
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.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
Chairman Vuong Dinh Hue (L) and Chairman of the Korean-based SK Group Chey Tae-won at their meeting in Hanoi on October 27 (Photo: VNA) 
Chairman Vuong Dinh Hue (R) and Chairman of the Korean-based SK Group Chey Tae-won at their meeting in Hanoi on October 27 (Photo: VNA) 
