PM Nguyen Xuan Phuc has urged Thai firms to grasp opportunities arising from merger & acquisition activities and the equitisation of SOEs and their divestment in transport, infrastructure, food, agriculture, telecommunications, trade, services and construction in Vietnam.
At a meeting with Thai enterprises in Bangkok on August 18 during his official visit to Thailand, Phuc said the Vietnamese economy is now worth more than US$220 billion and the country is striving to meet basic criteria in the business environment, equivalent to ASEAN 4 level by 2020.
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Vietnam is also in the period of golden population with 60 percent of people in working age. Thai business representatives thanked the Vietnamese government for creating favourable conditions for investors from Thailand and the ASEAN member states to join SMEs equitisation in the country.
They pledged to keep expanding their business operations in Vietnam in the fields of retail, food, farm produce manufacturing and processing, energy, tourism and transport.
Several companies said they are learning about Vietnam’s tourist attractions and want to link up with Vietnamese airlines to increase tourist arrivals in the two countries.
Receiving Chairman of the Electricity Generating Authority of Thailand Kornrasit Pakchotanon, PM Phuc asked for accelerating the construction of a thermal power plant in the central province of Quang Tri.
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Pakchotanon pledged to ensure environment protection and use advanced technology during the process of construction.
Meeting Chief Executive Officer (CEO) of the Central Group Tos Chirathivat, Phuc hailed the Central Group as one of the largest retailers in the region and is performing well in Vietnam. He also asked the group to bring more Vietnamese farm produce to Thai supermarkets.
The CEO said his company wants to liaison with Vietnamese partners to do business in hotel, tourism and retail, adding that the Central Group is ready to sell Vietnamese fruits in Thai supermarkets and develop agriculture in Vietnam.
During a reception for Chairman of the Board of Directors and CEO of Kasikorn Bank (KBank) Banthoon Lamsam, the PM said the Vietnamese government wants KBank to continue partnering with the State Bank of Vietnam, ministries and agencies to share experience in settling bad debts and help firms overcome difficulties.
Lamsam said KBank plans to launch a financial support model for Vietnamese businesses, part of efforts to help the Vietnamese government achieve the goal of having 1 million firms by 2020.
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Delegates held group discussions on the CPV Central Committee resolution calling for stronger building and rectification towards a clean, strong and comprehensive Party and political system able to meet the country's development needs in the new era.
Prime Minister Le Minh Hung will lead a high-level Vietnamese delegation on official visits to Laos and Cambodia from October 8 to 10.
The Communist Party of Vietnam always values its solidarity and friendship with the Hungarian Workers' Party and communist and workers' parties worldwide, which helps build political trust and supports Vietnam's relations with other countries, said key Party leader Tran Cam Tu.
In his opening remarks, General Secretary and President To Lam said that the 14th National Party Congress set out major orientations and strategic goals, while the second and third plenums adopted important policies on Party building, personnel, development and national defence. The fourth plenum must focus on creating conditions for effective implementation while preparing the theoretical, organisational and human resources foundations for the country’s long-term development.
Vietnamese Ambassador to Mexico and Panama Nguyen Van Hai noted that the visit is particularly significant as the first high-level exchange between the two countries in nearly 15 years, following then-President Ricardo Martinelli’s visit to Vietnam in 2012, and came shortly after the 50th anniversary of diplomatic relations in 2025.
"Panama can serve as a strategic platform for Vietnamese companies seeking greater access to Latin America and the Caribbean, while Vietnam represents an important gateway for strengthening Panama’s engagement with Southeast Asia", Ambassador Nubiela Ayala Modes confirmed.
The Vietnam Association of Former People's Public Security Officers must truly serve as a common home that fosters comradeship and solidarity among former public security officers and those who have contributed to the cause of safeguarding security and social order, said top leader To Lam.
General Secretary and President To Lam receives newly accredited ambassadors
Localities nationwide hailed effective and flexible directions delivered by the Government so far this year, resulting in positive nine-month socio-economic growth, and reaffirmed their commitment to achieving targets set for the whole 2026 at an online Government-locality conference on October 3.
The elevation of bilateral ties to a Strategic Partnership shows that Vietnam and Canada increasingly view each other not simply as trading partners, but as long-term partners in addressing economic, technological and regional challenges.
National Assembly President Tran Thanh Man on October 1 sent a congratulatory letter to Vyacheslav Volodin on his re-election as Chairman of the State Duma of the Federal Assembly of Russia.
The top leader applauded the efforts of ministries, sectors, localities, social organisations, coaches, athletes, experts in developing physical education and sports in recent times, stressing that Resolution No. 08 has provided an important political foundation for sports development over the past 15 years, while Conclusion No. 70 set important orientations for the new period.
PSNews - Vietnam is recognised by its partners as an influential member of the Asia-Pacific Economic Cooperation (APEC) forum, with expectations that it will continue to demonstrate leadership when it hosts APEC for the third time in 2027, according to Standing Deputy Minister of Foreign Affairs Nguyen Minh Vu.
General Secretary and President Lam urged JBIC to continue promoting the substantive implementation of projects under the Asia Zero Emission Community (AZEC), and step up discussions on potential cooperation within the framework of the POWERR Asia (Partnership on Wide Energy and Resources Resilience Asia) initiative, including the development of strategic energy reserves.
Overhauling the Party’s leadership methods is an objective, inevitable and urgent requirement to elevate the Party’s governing capacity and combat strength and keep the political system effective in the new development era.
During the session, the NA Standing Committee will give opinions on a number of draft laws, namely the revised Land Law, the revised Housing Law, the revised Law on Real Estate Business, the Law on Legal Normative Documents, and the consolidated Law on the State Budget.
National Assembly President Tran Thanh Man coordination must go beyond finishing the agenda to improve the quality of NA decisions and Government enforcement; deal with policies rather than just paperwork, especially in the fight against corruption and other negative phenomena; and pin down final responsibility for each product, not just progress.
Prime Minister Le Minh Hung asked the two countries' inspection agencies to build on their achievements by regularly exchanging information and experience, maintaining delegation exchanges, and coordinating inspections in areas related to bilateral economic, trade and investment cooperation.
General Secretary and President To Lam demanded a sweeping review rather than piecemeal amendments to individual laws, so that people's rights are protected on a continuing basis.
The meeting approved a plan to develop the project on reviewing the 2013 Constitution and studying and proposing comprehensive amendments to the Constitution.