Vietnam’s business atmosphere stays resilient amidst governmental changes. The nation looks to further its cooperation with the U.S. and enhance foreign investment while facilitating the entry of international tourists. Strengthened ties with Laos and Cambodia also highlight diplomatic engagements, alongside preparations for major national celebrations.
Recent statements indicate Vietnam’s business environment remains stable, unaffected by recent governmental changes. The country is enthusiastic about collaborating with the U.S. to address the aftermath of the war, leveraging multiple cooperation channels including USAID. Moreover, Vietnam is taking steps to facilitate the entry of foreign nationals, aiming to enhance the tourism sector and attract international visitors.
Vietnam has also expressed willingness to actively contribute to international mediation efforts concerning the Russia-Ukraine conflict, emphasizing adherence to international law and the UN Charter. Prime Minister Pham Minh Chinh has called for intensified trade relations with the Southern Common Market, advocating for agreements that benefit trade, investment, labor, and taxation between Vietnam and Brazil.
In diplomatic relations, Vietnamese State President hosted Lao Foreign Minister Thongsavanh Phomvihane, who expressed confidence in Vietnam’s developmental journey towards becoming a high-income nation by 2045. Furthermore, Vietnam is prepared to cooperate with the U.S. on repatriating Vietnamese deportees, concerning recent announcements of a deportation campaign targeting illegal immigrants.
The Prime Minister also welcomed the Lao diplomat to discuss solidified relations between Vietnam and Laos, underscoring their unique friendship. Upcoming ASEAN Future Forum 2025 will address global transformations, aiming to foster unity within ASEAN.
The National Assembly reviewed policies for urban rail development in key cities. Celebrations were held in Cuba and Hong Kong to mark significant anniversaries in Vietnam’s political history. Lastly, remarks from the Cambodian Senate leader highlighted the economic synergy existing between Vietnam and Cambodia, particularly in tourism and trade.
As Vietnam prepares for national celebrations, it aims to showcase the progress of its armed forces while affirming its status as a prime destination for foreign investments, drawing approximately $40 billion in foreign investment for 2024.
Vietnam’s current political landscape remains stable despite recent governmental shifts, with active efforts in international cooperation and trade partnership development. The country is focused on economic, diplomatic, and infrastructural advancements while enhancing its tourism sector and preparing for significant national observances.
Original Source: en.vietnamplus.vn
