Modi acknowledged the proposal of the Vietnam counterpart Pham Minh Chinh on signing memorandums on e-commerce and bilateral trade and limiting the use of trade barriers on products of both countries, he told Chinh in a meeting on the sideline of the 43rd ASEAN Summit in Jakarta, Indonesia.

Vietnam Prime Minister Pham Minh Chinh (L) and his Indian counterpart Narendra Modi shake hands at the the 43rd ASEAN Summit in Jakarta, Indonesia on September 7, 2023.

The two leaders agreed to strengthen cooperation in digital transformation, energy transformation, green and sustainable economic development. They also agreed to reinforce partnership in national security and defense.

Vietnam and India aviation authorities will study the possibility of increasing direct flight frequency between major cities.

In May, India's Tata Power was approved to study the possibility of developing the Long Phu 2 Thermal Power Project with a capacity of 1,200 megawatts in the southern province of Soc Trang.

This is set to be the biggest investment of an Indian company in Vietnam.

Also Thursday Chinh met with Philippines President Ferdinand Romualdez Marcos Jr.

The two leaders agreed to increase partnership on sectors with potentials such as agriculture, seafood and gas and oil.

Further development potentials include digital economy, circular economy, green economy and innovation.

Chinh and Marcos agreed to increase workers' training and to discuss a government partnership on rice to ensure food security.

Marcos affirmed that his country will ensure humane treatment to Vietnamese fishermen who were arrested for alleged illegal fishing and to provide support to help Vietnam lift the European Commission's yellow card on illegal, unreported, and unregulated fishing.

Underage car-wreck driver's father under investigation

Police are investigating a man for giving his car's steering wheel to his 16-year-old son, who slammed the vehicle into five motorbikes at a red light on Saturday.

Over 416 million USD invested abroad in 8 months

Vietnamese companies invested over 416 million USD abroad in the first eight months of this year, up 5.2% year-on-year, the Foreign Investment Agency under the Ministry of Planning and Investment has reported.

Bac Giang strives to soon put public investment projects into operation

BAC GIANG - Chairman of the People's Committee of Bac Giang province Le Anh Duong on August 29 led a delegation to inspect the implementation of a number of projects invested by the provincial Management Board of Civil and Industrial Engineering Construction Investment Projects.

Bac Giang accelerates disbursement of public investment capital in last months

BAC GIANG – The Chairman of the Bac Giang provincial People's Committee (PPC) has issued Correspondence 4881/UBND-TH on accelerating the disbursement of the public investment capital plan and the national target program in the last months of 2023.

Vietnam receives rising interest from Western European, American investors

Vietnam is seeing rising foreign direct investment from Western Europe and the U.S., especially in renewable energy, an official has said.

Source: VnExpress