Ho Chi Minh City attracted more than 3 billion USD in foreign direct investment (FDI) in the first 11 months of 2023, down 12.9% year-on-year, the city’s Statistics Office has announced.

In the reviewed period, the country’s economic locomotive granted investment certificates for 1,090 new projects with a combined registered capital of 573.5 million USD, marking increases of 35.1% in the number of projects and 20.1% in capital over the same period last year.

Of the projects, 462 were in wholesale, retail, and repair of automobiles and motorbikes with registered capital totaling 218.9 million USD, accounting for 38.2% of the newly registered capital.

Among the nations and territories pouring capital into the city, Singapore ranked first with 184 projects and a total registered capital of 170.1 million USD, accounting for 29.7% of the newly registered capital.

It was followed by Japan with 95 projects and 81.2 million USD, accounting for 14.2%, and India with 40 projects and 62.2 million USD or 10.8%.

Reg
arding the adjustment of registered capital, 281 projects received a total additional 601.7 million USD.

Meanwhile, foreign investors conducted 2,099 transactions of capital contributions to or purchases of shares at domestic companies in the period, with a total value of 1.9 billion USD, up 26.7% year on year.

As of November 20, the city had 12,300 valid FDI projects with aggregate investment capital of 82.95 billion USD./.

Source: Vietnam News Agency

Vietnam always supports Cambodia’s national construction and development, General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong told President of the Cambodian National Assembly Khuon Sudary, who is also member of the Standing Committee of the Cambodian People’s Party (CPP), during a reception in Hanoi on December 1.

Party General Secretary Trong congratulated Cambodia on its successful organisation of the seventh NA election, which reflects the public trust on the CPP led by President Hun Sen.

He expressed his belief that under the reign of King Norodom Sihamoni, the leadership of the Senate and the NA, and the direction of the Government with the CPP as the core, the Cambodian people will continue to achieve new and even greater accomplishments, successfully realising the Political Platform of the CPP for the 2023-2028 period and the goals set forth by the seventh-tenure Government.

The CPV and CPP need to keep preserving and nurturing the relationship between Viet
nam and Cambodia, ensuring that it continues to grow further, he said.

The host suggested that both sides effectively carry out the contents of the meeting between the two Parties’ leaders and another meeting of leaders of the three Parties of Vietnam, Cambodia, and Laos across various fields. Emphasis should be placed on enhancing cooperation between the two legislatures, sharing information and experience in law making, and joint supervision over the implementation of agreements and accords signed by the two countries.

He also called for mutual support at multilateral and international inter-parliamentary forums.

Khuon Sudary, for her part, believed that under the leadership of the CPV led by General Secretary Trong, the Vietnamese people will continue reaping new and greater achievements, successfully realising the Resolution adopted by the 13th National Party Congress.

Expressing her profound thanks to Vietnam for providing Cambodia with great and invaluable support throughout the years, she affirmed
that Cambodia will, together with Vietnam, safeguard, preserve and develop the relationship between the two countries to new heights and pass it on to future generations.

She briefed the host about the recent developments in Cambodia, including the organisational apparatus and personnel of the NA and Government in the new term, as well as the outcomes of her talks with Vietnamese NA Chairman Vuong Dinh Hue.

Cambodia will continue working closely with Vietnam to effectively implement the agreements and accords reached by leaders of the two Parties and countries, she said./.

Source: Vietnam News Agency

President Vo Van Thuong on December 1 sent a message of congratulations to his Romanian counterpart Klaus Werner Iohannis on the occasion of the European country’s 105th National Day (December 1, 1918 – 2023).

Prime Minister Pham Minh Chinh also cabled a congratulatory message to his Romanian counterpart Ion Marcel Ciolacu.

On this occasion, National Assembly Chairman Vuong Dinh Hue sent his congratulatory messages to President of the Senate Nicolae Ionel Ciuca, and President of the Chamber of Deputies Alfred Simonis.

On the same day, Minister of Foreign Affairs Bui Thanh Son congratulated Romanian Minister of Foreign Affairs Luminita Odobescu./.

Source: Vietnam News Agency

President Vo Van Thuong on December 1 hosted a reception for President of the Cambodian National National (NA) Samdech Khuon Sudary, who is on an official visit to Vietnam at the invitation of her Vietnamese counterpart Vuong Dinh Hue.

President Thuong congratulated the Cambodian guest on her election as President of the Cambodian NA, expressing his belief that the ongoing visit will contribute to deepening the traditional relations between Vietnam and Cambodia, and the effective cooperation between the two legislative bodies in particular.

Khuon Sudary said that choosing Vietnam for her first foreign trip since she took office showed that the Cambodian leader has attached importance to the traditional friendship which was set up and nurtured by many generations of leaders and people of the two countries. She suggested the two sides continue to educate young generations about the good friendship between Vietnam and Cambodia so that the bilateral relationship will grow stronger in the future.

The Cambodian
top legislator informed the Vietnamese State leader about her talks with NA Chairman Vuong Dinh Hue, saying that the two sides agreed on cooperation directions in the coming time to further step up cooperative ties between the two NA in particular and between the two countries in general.

While congratulating Vietnam on its impressive development achievements in recent times, Khuon Sudary expressed her hope that Vietnam will continue to cooperate and share experiences with Cambodia so that the two countries can develop together strongly.

President Thuong affirmed that Vietnam’s development achievements are partially thanks to the important cooperation, support and encouragement from Cambodia.

The Vietnamese State leader underlined the need for the two countries to increase meetings at all levels, and people-to-people exchange activities, thus promoting the traditional friendship between the two countries.

He hoped that the two nations will continue to unite, share, and cooperate more closely for stable de
velopment, expand trade and investment cooperation, and make better use of cooperation opportunities in the context of rapid and complicated changes in the world and the region.

The Vietnamese President agreed with the Cambodian leader on the necessity to promote cooperation in personnel training to improve the quality of human resources, thus meeting the development requirements of each country.

President Thuong also urged the two sides to accelerate the progress of border demarcation and marker planting.

The Vietnamese leader took this occasion to send his regards to Cambodian King Norodom Sihamoni and Queen Mother Norodom Monineath Sihanouk, President of the Cambodian People’s Party Samdech Techo Hun Sen, Prime Minister Hun Manet and other senior leaders of Cambodia./.

Source: Vietnam News Agency