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Vietnamese Party General Secretary and President Tô Lâm is visiting Australia from August 9 to 14 as both countries seek to give fresh momentum to their Vietnam Australia strategic partnership. The visit is being made at the invitation of Australian Governor-General Sam Mostyn. It is the first state visit to Australia by a Vietnamese Party and State leader. The trip comes as ties between the two countries continue to grow. Vietnam and Australia have built stronger links in trade, investment, education, technology, defence and culture. The two countries established diplomatic relations on February 26, 1973. Their ties have grown through…
Vietnam’s National Assembly has reviewed a draft law aimed at preventing the spread of weapons of mass destruction, or WMDs. Lawmakers discussed the bill on August 8 during the first extraordinary session of the 16th National Assembly. Most deputies agreed that the law is needed. They said the bill would help improve Vietnam’s legal system. It would also help the country meet its international duties on preventing the spread of nuclear, chemical and biological weapons. The draft law also covers systems used to deliver such weapons. Lawmakers said stronger controls could help detect and stop activities linked to WMD spread.…
The U.S. dollar strengthened against the Vietnamese dong on Friday morning, continuing a broader trend of gains against several major global currencies as investors responded to international economic and geopolitical developments. The Dollar Dong Exchange Rate moved higher at major Vietnamese financial institutions, reflecting increased demand for the U.S. currency and its stronger performance in global markets. At Vietcombank, the dollar was sold at VND26,430, representing a 0.04% increase compared with the previous trading session. The modest rise extended the currency’s recent gains against the dong. Meanwhile, trading on the unofficial market showed a different trend. The dollar slipped 0.04%…
Bangkok authorities have announced plans for a major new pedestrian and cycling bridge across the Chao Phraya River, a project designed to improve sustainable transportation and strengthen connections between historic districts on both sides of the city. The Bangkok Pedestrian Bridge Project is expected to cost approximately THB1 billion, or about US$29 million, and is targeted for completion by 2030. Officials say the bridge will provide a dedicated crossing for pedestrians and cyclists while supporting broader efforts to create a more connected and environmentally friendly urban transport network. The initiative is being led by Bangkok Governor Chadchart Sittipunt and the…
Hà Nội is shifting its foreign investment strategy as it seeks to become a major center for technology, innovation, and research in Asia. City leaders are moving away from attracting investment based mainly on volume and are now focusing on high-value projects that can support long-term economic growth. For more than three decades, Hà Nội has been one of Việt Nam’s top destinations for foreign direct investment (FDI). Since opening its economy to foreign investors in 1989, the city has attracted about $74.6 billion in FDI through more than 9,200 projects. However, much of that investment has traditionally gone into…
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