Vietnam

Vietnam values building relations with Russia — ruling party leader

HANOI, May 22. /TASS/: Hanoi thinks it is very important to develop relations of comprehensive strategic partnership with Moscow, Secretary General of the Central Committee of the Vietnamese Communist Party Nguyen Phu Trong said on Monday at a meeting with visiting Chairman of the Russian Security Council Dmitry Medvedev.

Vietnamese Banks Cut Deposit Rates Further To Boost Economic Growth

HANOI, May 19 (NNN-VNA) – A string of Vietnamese banks have lowered their deposit interest rates further, in a move designed to boost lending, to shore up growth in the economy.

The country’s four biggest lenders, including state-run Agribank and partly-privatised BIDV, Vietcombank and Vietinbank, cut their interest rates between 0.2 and 0.3 percentage points, on Vietnamese dong deposits with maturities ranging from six months to one year.

Vietnam rebukes China, Philippines over South China Sea conduct

HANOI, May 18 (Reuters) - Vietnam on Thursday criticised recent conduct by a Chinese research ship and the Philippine coast guard in the South China Sea, accusing its neighbours of separate actions that were violating its sovereign rights.

Tensions are high in contested parts of the South China Sea, one of the world's most important trade routes and a conduit for more than $3 trillion of annual ship-borne commerce.

Vietnamese communist party session opens

HANOI, May 15 (Xinhua) -- The mid-term session of the 13th Communist Party of Vietnam Central Committee (CPVCC) opened in Hanoi on Monday, Vietnam News Agency reported.

Chaired by General Secretary of the CPVCC Nguyen Phu Trong, the session was scheduled to review the leadership of the 13th CPVCC's Political Bureau and Secretariat and to conduct a vote of confidence on the members.

Vietnam: G-7 talks may measure allies’ reaction to US documents leak

HANOI (AP) — While the Biden administration sees minimal damage from the disclosure of highly classified documents related to the war in Ukraine and U.S. views of its allies and partners, that assessment will get its first real test when U.S. Secretary of State Antony Blinken meets in Japan with counterparts from six of America’s closest foreign friends.

Blinken to visit Vietnam next week, US senator says

HANOI, April 8 (Reuters) - U.S. Secretary of State Antony Blinken will visit Vietnam next week, Senator Jeff Merkley told a news conference in Hanoi on Saturday, as part of Washington's efforts to move diplomatic relations with Hanoi on to a higher level this year.

Blinken's visit, which has not yet been officially announced, would come after U.S. President Joe Biden had a phone call last week with the chief of Vietnam's ruling Communist Party, Nguyen Phu Trong.

Vietnam economy slows on rising costs, weaker exports

HANOI, Vietnam (AP) — Vietnam’s economy slowed sharply in the first quarter of this year, with growth coming in at a much weaker than expected 3.3%, as its exporters were hit by rising costs and weaker demand, the General Statistics Office reported Wednesday.

The slowdown in the January-March quarter from 5.9% year-on-year growth in the last quarter of 2022 was nearly as severe as that during the beginning of the pandemic and the second lowest for the first quarter in 12 years, it said.

Vietnam sends ship to track Chinese vessel patrolling Russian gas field in EEZ -data

HANOI, March 27 (Reuters) - A Vietnamese ship monitored a Chinese Coast Guard vessel on Saturday in a Russian-operated gas field in Vietnam's South China Sea exclusive economic zone (EEZ), data show - the latest Chinese patrol in a pattern stretching more than a year.

Chinese coast guard ships have sailed directly into energy exploration blocks operated or owned by Russian firms in Vietnam's EEZ about 40 times since January 2022, according to vessel-tracking data from Vietnamese research organisation South China Sea Chronicle Initiative (SCSCI), an independent non-profit.

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