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Posts Tagged ‘Partnership’

Hai Phong starts innovation partnership programme

In Uncategorized on November 2, 2010 at 1:43 pm

Britain, France embark on new defence partnership

In Uncategorized on November 2, 2010 at 8:42 am

Japanese PM’s visit promotes strategic partnership

In Uncategorized on October 31, 2010 at 2:11 pm

Daimler and Foton of China unveil heavy truck partnership

In Uncategorized on July 16, 2010 at 4:47 pm

FRANKFURT, July 16, 2010 (AFP) – German automotive group Daimler and Foton Motor of China signed a deal on Friday to produce heavy trucks jointly in China, a first for Daimler which is the global leader in truck manufacturing.


The two companies were joined by German Chancellor Angela Merkel during her visit to China in announcing a 50:50 joint venture first floated two years ago.


Trucks under Foton’s Auman brand will be produced using Daimler technology in diesel engines and exhaust systems, allowing the vehicles to meet strict European standards, a statement said, without giving financial details.


Earlier this week, German governmental sources had indicated the partners would invest about 800 million euros (one billion dollars) in the deal.


Foton is a subsidiary of Beijing Automotive Industry Corporation (BAIC).


“The joint venture with Foton Motor represents another key milestone in implementing our China strategy. It further strengthens our position to address all segments of the market,” Daimler chief executive Dieter Zetsche said in a statement.


The head of Daimler’s truck operations, Andreas Renschler, added that the deal would provide a springboard to the Chinese and international markets.


BAIC chairman Xu Heyi said: “We are very pleased to have Daimler Trucks, the world’s largest truck manufacturer, as our strategic partner for BAIC’s Foton Motor subsidiary.”


Daimler’s truck division includes the Mercedes-Benz, Freightliner, Western Star and Fuso brands, and sold 259,000 vehicles in 2009 for core earnings of one billion euros (1.29 billion dollars).

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Source: SGGP

Vietnam, China enhance friendship and strategic partnership

In Uncategorized on May 3, 2010 at 3:15 am




Vietnam, China enhance friendship and strategic partnership


QĐND – Sunday, May 02, 2010, 21:32 (GMT+7)

Prime Minister Nguyen Tan Dung’s visit to China has deepened the ties of friendship and cooperation between Vietnam and China and created an important legal framework for making comprehensive strategic partnership more substantive and effective.


Prime Minister Nguyen Tan Dung and his entourage returned to Hanoi on May 1, successfully concluding their visit to Shanghai city, Jiangsu and Zhejiang provinces.


Mr Dung’s visit aimed to promote the comprehensive strategic and cooperative partnership between the two countries with top priority given to economics, trade and investment.


Mr Dung, Chinese Party General Secretary and State President Hu Jintao, and local leaders praised their respective country’s potential for cooperation and expressed their wish to further mutually beneficial cooperative relations.


At the meeting with PM Dung in Shanghai, President Hu Jintao confirmed that the Party and Government of China always attach great importance to developing relations with Vietnam and are ready to join hands with Vietnam to speed up the development of the comprehensive strategic partnership.


The two leaders agreed to take specific measures to further boost bilateral cooperation, under which, Vietnam and China will maintain and increase high-ranking visits and meetings as well as expanding exchanges between ministries, branches and localities of both countries.


They also agreed to boost the efficiency of cooperation in all fields, particularly in economics, trade, investment, culture, education and tourism, striving to reach two-way trade turnover of US$25 billion this year.


Minister of Industry and Trade Vu Huy Hoang said that the governments, ministries, sectors will continue to build favourable legal frameworks for business operations. In terms of trade, PM Dung asked the Chinese side to accelerate the signing of a five- year plan for trade development between Vietnam and China in the near future.


The Vietnam-China Economic and Trade Cooperation Forums held in Zhejiang and Jiangsu attracted thousands of Chinese businesses, showing their keen interest in investment, business and trade links with Vietnam.


A series of cooperative documents, particularly on tourism between Vietnamese relevant agencies and administrations of Chinese cities and provinces were signed.


Strong political commitments by leaders from both countries and the legal frameworks signed during Mr Dung’s visit have added a fresh impetus to promoting the comprehensive strategic and cooperative partnership for the two countries’ benefits.


Source: VOV


Source: QDND

Gathering held to promote Hanoi-Hue-HCMC partnership

In Uncategorized on March 26, 2010 at 11:34 am

An agreement on economic, cultural and tourism development was signed March 25 in Hue City at a gathering to mark the 50th anniversary of friendly relations between Hanoi, Hue and Ho Chi Minh City.


At the event, delegations from the three localities reviewed their tradition of solidarity and mutual support in relation to the past struggle for national liberation and showed their determination to continue promoting good relations.

Three leaders of Hanoi, Hue and HCMC attend a ceremony March 25 in Hue City to celebrate the 50th anniversary of the cities’ friendly relations. At the event, delegates vowed to boost cooperation in various fields. (Photo: SGGP)

Leaders from the three municipalities said they would strengthen cooperative efforts in boosting the socio-economic development of each city and contributing to the country’s modernization.


They also agreed that a number of agencies in each locality would discuss plans for expanding their cooperation in various fields.


In addition, leaders from Hanoi and HCMC offered 10 houses, each valued at VND25 million (US$1,300) to 10 poor families in Hue.


Earlier, the HCMC delegation donated a total of VND2 billion (US$105,000) to poor families in Thua Thien-Hue Province.  


Great political significance


Fifty years ago, a ceremony was held to launch the partnership between Hanoi, Hue and then Sai Gon at Hanoi’s Ba Dinh Club with attendance of over 1,000 delegates.


The event was of great political significance, since it boosted the mutual support and assistance between the three localities in the country’s resistance war against American invaders.


During the war, Hue and South Vietnam received great support from Hanoi as well as the North in general.


The partnership also triggered a movement of establishing friendly relations between northern and southern provinces and cities at that time.


Such cooperative relationships contributed to the resounding victory of the Ho Chi Minh Campaign in 1975, which liberated South Vietnam and led to the later unification of the country.

Source: SGGP

Vietnam, RoK establish strategic partnership

In Politics-Society on October 22, 2009 at 6:03 am




Vietnam, RoK establish strategic partnership


QĐND – Wednesday, October 21, 2009, 20:7 (GMT+7)

Vietnam and the Republic of Korea have agreed to raise their relationship to a “strategic cooperative partnership” in the interests of the two countries and for peace, stability, cooperation and development in the region and the world.


The agreement was reached during talks in Hanoi on October 21 between State President Nguyen Minh Triet and his RoK counterpart Lee Myung-bak who arrived in Hanoi a day earlier for an official visit.


The two leaders expressed their pleasure at the rapid development of the friendship and cooperation between Vietnam and the RoK within the framework of a “comprehensive partnership in the 21st century”.


They agreed to increase the exchange of reciprocal visits at all levels and set up a mechanism for strategic dialogues at the foreign ministerial level to bring bilateral ties to new plain.


They said that Vietnam and the RoK should expand cooperation in economics, trade, investment, science-technology, the environment, culture and education. They agreed to improve two-way trade balance, increase their trade to US$20 billion by 2015, and upgrade the Red River City project to the national-level one.


Mr Triet thanked Mr Lee and the RoK government for recognising Vietnam’s market economy status and for considering it as the RoK’s key partner for cooperation and development.


Both host and guest expressed satisfaction with the close cooperation between their countries in international organisations and forums such as the United Nations, the World Trade Organisation, the Asia-Pacific Economic Cooperation (APEC) and the Asia-Europe Meeting (ASEM), as well as at regional forums such as ASEAN-the RoK, ASEAN+3 (China, Japan and the RoK), the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS).    


Mr Triet praised the RoK’s increasing role at international forums and congratulated the Northeast Asian nation on hosting the G-20 summit in 2010. He affirmed that Vietnam will work closely with the RoK to successfully organise a summit on aid effectiveness in 2011 and an international exposition to be held in Yeosu city, the RoK, in 2012. 


For his part, Mr Lee acknowledged Vietnam’s constructive contributions to maintaining global peace and stability in its capacity as a non-permanent member of the United Nations Security Council. He highlighted the country’s role in Southeast Asia and vowed that the RoK will cooperate closely with Vietnam to help the latter fulfil its role as the ASEAN President and organise the East Asia economic forum in 2010.


He also affirmed that the RoK will work closely with Vietnam to organise a grand meeting to mark Hanoi’s 1,000th anniversary in 2010.


Mr Triet reiterated Vietnam’s consistent policy of supporting peace, stability, dialogue and cooperation on the Korean peninsula, and welcomed the RoK’s efforts to settle the nuclear issues on the Korean peninsula through peaceful negotiations.


The two State leaders called on the concerned parties to resume dialogues and strictly adhere to commitments to denuclearise the peninsula.


Mr Lee invited Mr Triet to visit the RoK at a convenient time, and the invitation was accepted with pleasure.


In the evening, Mr Triet gave a banquet in honour of Mr Lee and his entourage.


Source: VOV


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Brazil, Indonesia to sign strategic partnership

In Uncategorized on November 18, 2008 at 1:40 pm

Hanoi (VNA) – Brazil and Indonesia are to sign a strategic partnership at the start of a three-day visit by Indonesian President Susilo Bambang Yudhoyono on November 18, according to foreign media reports.

The deal, to be inked in Brasilia, will open the way to joint actions in areas such as biogenetics, biofuels, the fight against hunger, and science and technology, Brazil’s foreign ministry said in a statement.

President Yudhoyono was to be greeted by Brazilian President Luiz Inacio Lula da Silva ahead of the signing ceremony on November 18.

During his visit, the Indonesian president is expected to travel to Sao Paulo to see a factory run by Embraer, Brazil’s plane-maker, and a biofuel plant, and meet business leaders in Rio de Janeiro.-

Vietnam learns Japan’s public private partnership experiences

In Uncategorized on August 20, 2008 at 2:58 pm

Hanoi (VNA) – A seminar took place in Hanoi on August 20 to provide Vietnam with Japanese experiences in boosting public-private partnership (PPP) in infrastructure development.

The event, co-hosted by the Ministry of Planning and Investment and the Japan International Cooperation Agency (JICA), heard various reports on Japan’s experiences in financing PPP projects and applying this model to the development of the power industry.

Addressing the seminar, Deputy Minister of Planning and Investment Nguyen Bich Dat said Vietnam’s policy is to mobilise all resources from the non-state sector to contribute to developing infrastructure and other areas.

“We are well aware that poor infrastructure is not only a hindrance to national development but also a factor lowering the investment environment’s attraction and competitiveness”, Dat said.

The deputy minister also spoke highly of Japan’s reports and described them as useful experiences and important suggestions for Vietnam during its process of designing policies on applying the PPP model in the country.-

Public-private partnership: effective model to attract capital

In Uncategorized on July 4, 2008 at 4:54 pm

The Ministry of Planning and Investment (MPI) is actively coordinating with relevant agencies in building a mechanism for public-private partnership (PPP), an effective model to develop infrastructure in the context that the Government is cutting investment to curb inflation.

With ground, tax and capital incentives, the MPI hopes the model will fully tap the private sector’s construction capability and financial potential.

The model, though widely applied to large-scaled projects worldwide, is implemented only under a number of build-operate-transfer(BOT) projects in Vietnam where most feasible infrastructure projects are funded by the State and executed by State-owned businesses.
So far, the model has been applied to only 18 BOT contracts with 15 percent of capital invested in infrastructure.

According to Kamran Khan, senior infrastructure finance specialist of the World Bank, Vietnam will face great challenges due to its heavy dependency on ODA, which represented almost 37 percent of the country’s investment in infrastructure in 2007. This is attributed to the reduction of preferential loans and aid in the coming years.

The MPI is selecting projects for experimental application of the PPP model. Deputy Director of the MPI’s Infrastructure and Urban Department Tong Quoc Dat said PPP would be applied to traffic infrastructure development projects, especially road traffic projects.

The Quang Ninh-Hai Phong road project capitalised at around 1 billion USD is expected to be selected for pilot implementation. The result of the project will serve as a basis for finalisation of the PPP mechanism, Dat said.

Mobilising private capital is important for further growth, according to Kamran Khan. He suggested that the Vietnamese Government formulate sound mechanism and policies to attract this capital source.-