On this occasion, Prime Minister Pham Minh Chinh respectfully conveyed the invitations of General Secretary To Lam, President Luong Cuong, and Chairman of the National Assembly Tran Thanh Man to the Pakistani leaders to visit Vietnam. Prime Minister Pham Minh Chinh respectfully invited Pakistan’s Prime Minister Shehbaz Sharif to visit Vietnam soon.
Highly valuing the role and position of the South Asian country, Prime Minister Pham Minh Chinh affirmed that Vietnam attaches great importance to its friendly and cooperative relations with Pakistan. He expressed the desire to deepen and substantiate the bilateral relationship, especially in the fields of trade, tourism, and people-to-people exchanges.
The Prime Minister sincerely shared his concern about the current limitations in economic and trade cooperation, which are not commensurate with the良好 political relations between the two countries.
With a combined population and market of 300 million people, there is much potential for expanded trade cooperation between the two sides. Prime Minister Chinh emphasized the need for both countries to further open their markets to each other and work with determination to elevate their relationship and multifaceted collaboration.
He proposed that the two sides strengthen the organization of business, investment, and tourism forums to promote understanding and mutual information, thereby creating a foundation for deeper and more substantive engagement.
For his part, Prime Minister Shehbaz Sharif expressed his condolences on the passing of the former General Secretary Nguyen Phu Trong. The Pakistani Prime Minister admired Vietnam as a shining example in the former national liberation movement and in the current nation-building and development.
Fully agreeing with Prime Minister Pham Minh Chinh’s view on the need to value and maximize the use of time, knowledge, and new thinking and vision of the leaders of the two countries, Prime Minister Shehbaz Sharif proposed setting an ambitious target of reaching $10 billion in bilateral trade between Vietnam and Pakistan in the coming time. He also expressed his hope to welcome Prime Minister Pham Minh Chinh and Vietnamese leaders to Pakistan soon.
On this occasion, the two Prime Ministers also shared their views and exchanged ideas on measures to strengthen cooperation between Vietnam and Pakistan in international and multilateral forums, practically serving the interests of the two countries’ people and actively contributing to peace, cooperation, and development in the region and the world.
“Revolutionizing Logistics for the New Era”
Ranking 43rd in the Logistics Performance Index, within the top 5 ASEAN countries in 2023, Vietnam’s logistics industry is rapidly developing, thanks to its strategic geographical location and production capabilities. However, it’s not just about relying on existing potential and advantages; a transformative leap is necessary to thrive in this new era.
Unlocking the Pre-Funding Knot: A Jubilant Yet Cautionary Tale
The new circular addressing pre-funding obstacles takes effect immediately from November 2, 2024, marking a significant step forward in Vietnam’s stock market upgrade aspirations. While this move brings the market closer to its goal, it also presents a unique set of challenges that cannot be overlooked.
“Strengthening Internal Capabilities: Overcoming Export Challenges for Vietnamese Businesses”
On October 24, at the seminar “Promoting Trade and Creating Leverage for Processed and Manufactured Industrial Products”, experts attributed the challenges faced by Vietnamese businesses to a multitude of factors, encompassing both internal and external issues.
The Race to Retail: Temu’s Unregistered Operations in Vietnam
As of October 23rd, the Department of E-Commerce and Digital Economy announced that Temu, a Chinese e-commerce platform, has not registered to operate in Vietnam.
“Vietnam and UAE Elevate Bilateral Ties to Comprehensive Partnership”
On October 28, 2024, in Abu Dhabi, Prime Minister Pham Minh Chinh held talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan. During this significant meeting, the two leaders agreed to elevate bilateral relations to a Comprehensive Partnership, marking a new chapter in the diplomatic ties between Vietnam and the UAE.
