Prime Minister Chinh advocates for a strong domestic defense industry and improved international financial cooperation with Luxembourg. Vietnam seeks US expertise for economic goals and submitted territorial claims to the UN. Ongoing party reviews aim at guiding future development. The relationship with Singapore and Mexico is strategic and diplomatic ties with Brazil remain strong.
Prime Minister Chinh emphasized the importance of a robust domestic defense industry, proposing that it should drive national industrial growth through strategic product development aimed at independence and modernity. The defense sector serves dual-use purposes that benefit both civil and military applications, reinforcing the foundation of a strong national defense system.
Vietnam aims to enhance green financing through collaboration with Luxembourg. The visit will examine Luxembourg’s success in establishing an international financial center and foster partnerships with local governments, banks, and investment funds. These cooperative efforts are pivotal to developing regional financial hubs in Ho Chi Minh City and Da Nang.
During a recent meeting in Hanoi, Prime Minister Chinh requested US experts’ assistance to achieve Vietnam’s economic growth objectives. He urged the professor to facilitate dialogue with the US administration to advance a balanced and sustainable economic partnership between the two nations.
On March 7, 2025, Vietnam officially submitted its baseline geographical coordinates for the Gulf of Tonkin to the UN Secretary-General. This action establishes the straight baselines and outer territorial sea limits, crucial for international maritime law compliance.
Party General Secretary To Lam has called for ongoing revisions to the draft Political Report, which is intended to guide Vietnam’s long-term development strategies. Continuous assessment is critical to align the report with future national goals.
Vietnamese and South Korean officials have convened to discuss technology-driven growth strategies, focusing on economic development, artificial intelligence, and semiconductor advancements. These discussions are vital for Vietnam’s ongoing technological transformation.
Two party officials were expelled due to significant breaches of conduct, which were assessed based on the severity and implications of their violations. This disciplinary action underscores the importance of accountability within government ranks.
The NA Standing Committee concluded its 43rd session, with Chairman Tran Thanh Man noting that consensus was reached on seven draft laws, setting the stage for the NA’s ninth session in early May. This progress indicates the committee’s commitment to effective governance.
A successful meeting between the Vietnamese Minister and the US Trade Representative yielded positive outcomes, marking the first high-level official discussion since the new US administration took office, highlighting growing bilateral economic ties.
The relationship between Vietnam and Singapore is evolving strategically, with implications for regional influence and value creation on a global scale. This partnership is expected to yield significant benefits for both countries.
NA Vice Chairwoman Nguyen Thi Thanh reaffirmed Vietnam’s view of the US as a key strategic partner, celebrating advancements in bilateral relations as they approach the 30th anniversary of normalized ties in 2025.
Discussions between Vietnam’s Party chief and leaders from Indonesia, Singapore, and the ASEAN Secretariat focused on enhancing regional cooperation to achieve the ASEAN Community Vision 2045, thus reinforcing commitments to shared aspirations.
Ceremonies were held to honor the 64 naval officers who perished in the Gac Ma battle on March 14, 1988. Their courageous actions to defend the national flag amidst fierce opposition are commemorated as a symbol of pride in Vietnam’s maritime history.
A scholar from the Jakarta-based Indonesia Institute highlighted the benefits of Vietnam’s strengthened ties with Indonesia, noting potential advancements in trade, energy, infrastructure, and digital transformation as key areas of cooperation.
The Vietnamese Ambassador to Australia praised South Australia’s role in deepening collaboration, particularly in sectors like science, technology, education, and innovation, which are crucial for both nations’ development.
Vietnam and Mexico’s diplomatic relations have flourished across various domains, from politics to culture, marked by mutual support in international forums and a strong foundation for future cooperation.
Brazil’s partnership with Vietnam continues to grow, with Brazil being recognized as Vietnam’s largest Latin American partner. Trade flows include Vietnamese electronics, clothing, and footwear, against Brazilian exports of soybeans and corn.
The Los Ríos region in Chile aims to enhance cooperation with Vietnamese localities in areas such as economics, culture, and education, strengthening bilateral ties between the two regions.
The Government’s steering committee for reorganizing administrative units has convened its first meeting, with a proposal to redistribute responsibilities between district and provincial authorities, aiming for greater decentralization and efficiency.
In conclusion, the Vietnamese government is actively pursuing various initiatives to strengthen its domestic industries, particularly defense and finance. Efforts are being made to enhance international cooperation with nations such as the US, Luxembourg, and others to foster economic growth and technology development. The ongoing commitment to regional integration and partnerships reflects Vietnam’s strategic aspirations for future growth and sustainability.
Original Source: en.vietnamplus.vn
