HCM City leaders receive heads of Vietnam’s overseas representative bodies

Leaders of Ho Chi Minh City called for support from heads of Vietnam’s overseas representative bodies for local development, during a meeting on March 17.

Politburo member and Secretary of the municipal Party Committee Nguyen Van Nen appreciated opinions by the new ambassadors of Vietnam and highly valued their sense of responsibility and aspiration to dedicate to the country.

He asked the HCM City People’s Committee to soon devise a mechanism of coordination with Vietnam’s overseas representative bodies so as to contribute to local development.

Stressing that the ambassadors and heads of overseas representative agencies are representatives of Vietnam in the eyes of foreign friends and partners, Nen wished them good health; steadfastness in their stance, thought, and revolutionary ethics; and success in performing the tasks assigned by the Party, State, and people.

Chairman of the municipal People’s Committee Phan Van Mai thanked the Ministry of Foreign Affairs and Vietnam’s overseas representative bodies for their considerable contributions to the city’s development.

He called on the agencies to continue advising HCM City about development trends in the world, introducing urban management experiences and economic development models, and connect the southern metropolis with resources to support local development.

HCM City always attaches great importance to the role of external affairs in building its image, attracting development resources, and enhancing its international integration capacity, the Chairman noted, pledging support for the agencies and asking for their close coordination.

On behalf of the heads of overseas representative bodies, Deputy Foreign Minister Pham Quang Hieu said the ambassadors and heads of agencies are always aware of their role in contributing to the development of HCM City, an economic locomotive and growth engine of Vietnam.

He added they will do their utmost to help with local development, and that they also hope for receive coordination and assistance from HCM City for completing their duties./.

Source: Vietnam News Agency

Vietnam’s top female badminton player now 45th in world ranking

Badminton player Nguyen Thuy Linh of Dong Nai team has risen to the 45th from the 49th position in the latest world’s singles women rankings, according to Badminton World Federation (BWF).

The 26-year-old Linh’s highest ranking so far was the 41st in the 28th week of 2019.

Linh will participate in the Ciputra Ha Noi-Yonex Sunrise Vietnam International Challenge 2023 which is set to commence on March 21 and run through March 26 in Hanoi.

She is the only seeded Vietnamese player, at No 2 in the women's singles category, at the tournament.

Meanwhile, in the men’s singles category, Vietnamese badminton legend Nguyen Tien Minh fell to 165th with 8,720 points.

Nguyen Tien Minh is no longer Vietnam's number-one badminton player after being nudged aside by Nguyen Hai Dang, 23, who climbed to 163rd in the world ranking with 8,910 points and became the new king of Vietnamese badminton./.

Source: Vietnam News Agency

Vietnam Book-Reading Culture Day begins

The second Vietnam Book and Reading Culture Day 2023 is taking place from March 16 to April 30, with various activities to promote reading habit among the community, according to the Ministry of Culture, Sports and Tourism.

Carrying major messages of “Book: Awareness - Innovation - Creation” and “Books for me, for you,” the event aims to affirm the position, role and significance of books in improving knowledge and skills, developing mindset, educating and shaping human personality, the ministry said.

During the event, reading movements will be launched in families, schools, agencies, organisations and communities, while rganisations and individuals with outstanding contributions to the development of books and reading culture in the society will be honoured.

Activities of book introduction, book narration and drawing following book contents, along with seminars on books and reading culture will be held.

This year, highlight activities of the event will last from April 15-21.

Last year, the Vietnam Book and Reading Culture Day was held in both in-person and online format amid complicated developments of the COVID-19 pandemic.

The Prime Minister's Decision No.1862/QD-TTg on the organising of Vietnam Book and Reading Culture Day annually on the national scale was signed in 2021.

The day is expected to encourage and develop the reading movement among the community, contributing to building a learning society. In addition, it aims to honour readers, authors, publishers, printers and libraries that make efforts to preserve, collect and promote books./.

Source: Vietnam News Agency

Singapore’s banks face ‘insignificant’ exposures to Credit Suisse

The Monetary Authority of Singapore (MAS) said on March 16 that the exposure that Singaporean banks - DBS, OCBC and UOB - have to troubled banking giant Credit Suisse are "insignificant.”

Singapore’s banking system remains sound and resilient, MAS said in response to media queries.

Banks in Singapore are well-capitalised and conduct regular stress tests against credit and other risks, the financial authority said in a statement, adding that their liquidity positions are healthy, underpinned by a stable and diversified funding base.

The authority said while Credit Suisse operates a branch in Singapore, its main activities are private banking and investment banking, and it does not serve retail customers here.

MAS said it has been in contact with the Swiss Financial Market Supervisory Authority (FINMA), the parent supervisory authority of Credit Suisse, over recent developments relating to the bank and will continue keeping a watch on the situation.

On March 13, MAS also announced that the Singapore banking system has “insignificant exposures” to the failed Silicon Valley Bank (SVB) and Signature Bank, which collapsed in recent days./.

Source: Vietnam News Agency

Japan opens defense hotline with ASEAN

Japan and the Association of Southeast Asian Nations (ASEAN) have agreed to start the operation of a hotline between their defense authorities.

The agreement was reached at a vice-ministerial meeting in Tokyo on March 15, making Japan the first country to have such a hotline with ASEAN.

It was Japan's first face-to-face vice-ministerial meeting with ASEAN members in four years.

In 2017, ASEAN set up a permanent defense hotline for its member states. It is calling on non-member countries to take part as well.

2023 marks the 50th year of ASEAN-Japan partnership (1973-2023) and 20th anniversary of the bilateral strategic partnership (2003-2023)./.

Source: Vietnam News Agency

Vietjet to lauch new route to Queensland in June

Vietjet will operate the first air route connecting Vietnam with Australia’s Queensland state in June, the airline said on Thursday.

The leading Vietnamese new-age carrier will operate weekly services between Ho Chi Minh City’s Tan Son Nhat International Airport and Brisbane Airport every Monday and Friday by modern wide-body aircraft.

The flights are expected to bring more than 30,000 Vietnamese visitors in Brisbane during the first year of operation.

Source: VOV5

Vietnam intensifies ties with Germany’s Lower Saxony state

Vietnamese Ambassador to Germany Vu Quang Minh paid a working visit to Hannover city, Niedersachsen (Lower Saxony) state on March 15-16.

In meetings with local officials, Minh reviewed the situation and prospects of the Vietnam-Germany relations, affirming that the bilateral Strategic Partnership has been strongly promoted in various fields.

He thanked the state’s administration for creating favourable conditions for the 10,000-strong Vietnamese community living and working in the state so that they can contribute actively to socio-economic development in the host country, as well as the two nations’ friendship.

Stephan Weil, Minister-President of Lower Saxony, expressed his impression at the dynamic development of Vietnam in recent decades, saying that Vietnam, with its geostrategic position and strong economic growth, has become an attractive destination in the region.

He told the ambassador that he will lead a delegation of the state’s enterprises to visit Vietnam in October to connect and seek cooperation opportunities.

He agreed with Minh’s idea on the two countries’ cooperation potential in renewable and green energies, noting that Lower Saxony has strengths in wind energy and wants to cooperate with Vietnam to exploit offshore wind power.

Vice Chair of the Landtag (State Parliament) Barbara Otte-Kinast stressed that in addition to automobile industry and wind power, Lower Saxony also has great strengths in agriculture and is interested in consumer protection.

She suggested the state and Vietnam can study and cooperate in technology transfer and know-how on agricultural machinery, and product quality control system, adding that the state’s agencies in different fields have plans to organise visits in the coming time to strengthen cooperation with Vietnam.

Ambassador Minh showed his hope to continue receiving Barbara Otte-Kinast’s support for tightening friendship between the two governments and peoples./.

Source: Vietnam News Agency