Vietnamese President's Russia visit impressive: Russian legislator

With a busy agenda, the Russia visit by Vietnamese President Nguyen Xuan Phuc was impressive, helping both countries make comprehensive analysis on the achievements and sketch out future plan to further accelerate bilateral ties across many sectors, stated Andrey Vladimirovich Yatskin, First Deputy Chairman of the Council of Federation (upper house) of the Federal Assembly of the Russian Federation.
Vietnamese President's Russia visit impressive: Russian legislator ảnh 1President Nguyen Xuan Phuc (L) holds talks with Russian President Vladimir Putin (Photo: VNA)
Moscow (VNA) – With a busy agenda, the Russia visit by Vietnamese President Nguyen Xuan Phuc was impressive, helping both countries make comprehensive analysis on the achievements and sketch out future plan to further accelerate bilateral ties across many sectors, stated Andrey Vladimirovich Yatskin, First Deputy Chairman of the Council of Federation (upper house) of the Federal Assembly of the Russian Federation.

Speaking to a Vietnam News Agency correspondent in Moscow on the visit, Yatskin said that the Vietnam-Russia relationship is experiencing a period of strong growth and need to be further reinforced.

He noted that the two countries share a special relationship not only in terms of politics but also in the sentiment of people of both sides towards each other, and the elevation of bilateral ties to a comprehensive strategic partnership in 2012 reflected their sound relationship.

Yatskin noted that the economic partnership between Vietnam and Russia is expanding impressively, with two-way trade reaching 5.7 billion USD in 2020, up 15 percent year on year despite COVID-19 impacts. This year, the figure is expected to hit 6.5 billion USD. He attributed the results to the efficiency of the free trade agreement between Vietnam and the Eurasian Economic Community (EAEC) that was signed in 2015.

At the same time, the two countries have enjoyed sound cooperation in science, with Russian atomic firm Rosatom supporting the building of an atomic science and technology centre in Vietnam, he said. Besides, the two sides boast a high potential of cooperation in information security as it is a strength of Russia, he said, suggesting that both sides should make digital economy a new cooperation pillar.

The legislative leader said that COVID-19 is a test for bilateral ties, and Vietnam and Russia have given each other great support. Vietnam is among the first countries in Southeast Asia to permit the use of Russian-made Sputnik V COVID-19 vaccine and also one of the first to produce the vaccine, he noted.

Over the education field, he said that this is an important cooperation area of both sides. Thousands of Vietnamese experts have been trained in Russia, he said, adding that this year, about 1,000 Russian scholarships have been granted to Vietnamese students. Currently, Russia is hosting about 6,000 students, post-graduates and apprentices from Vietnam.

Yatskin highlighted that during the Vietnamese leader's visit, a series of cooperation agreements were signed between the two countries in trade and trade as well as other sectors.

Parliamentary collaboration between the two sides have received increasing attention, he said, stressing that parliamentarians of both sides are responsible for supporting the implementation of initiatives raised by leaders of the two sides and help remove barriers hindering the bilateral partnership through parliamentary dialogues that they are developing/.
VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.