Vietnam’s Prime Minister Emphasizes Defense Industry while Strengthening International Partnerships

Prime Minister Chinh has stressed the importance of developing a robust defense industry in Vietnam, while also focusing on enhancing economic ties with countries such as Luxembourg, the US, and South Korea. Recent discussions have aimed at establishing international financial centers, commemorating military sacrifices, and strengthening regional cooperation, particularly within ASEAN. Furthermore, Vietnam seeks to bolster its relationships with Latin American nations, reflecting a broad strategy for international collaboration.

Prime Minister Chinh emphasized the importance of a self-sufficient and modern defense industry in Vietnam. He stated that domestically developed defense products should serve as a leading sector for the nation’s overall industry, particularly those with strategic applications.

During a visit to Luxembourg, Vietnam aims to learn from the country’s experience in establishing an international financial center and foster collaborations with local financial institutions and investment entities. This initiative is crucial for Vietnam’s development of financial hubs in Ho Chi Minh City and Da Nang.

In a meeting held in Hanoi, Prime Minister Chinh sought the assistance of US experts to enhance economic growth initiatives. He urged them to engage with the US administration to strengthen sustainable economic relations between the two nations.

On March 7, 2025, Vietnam officially deposited a chart with the UN, delineating the straight baselines and outer limits of its territorial sea in the Gulf of Tonkin, affirming its maritime boundaries.

Party General Secretary To Lam called for ongoing reviews and adjustments to the draft Political Report, emphasizing its role in directing the nation’s future development.

Vietnam and South Korea engaged in discussions focused on technology-driven growth strategies, where Chairman Thang acknowledged the relevance of artificial intelligence and semiconductor development in Vietnam’s transformation.

A disciplinary action was taken against two officials expelled from the Party due to serious violations. This decision was made based on an assessment of the nature and consequences of their misconduct.

The National Assembly Standing Committee’s 43rd session concluded with NA Chairman Tran Thanh Man announcing broad agreement on seven draft laws, paving the way for further legislative development.

A meeting between the Vietnamese Minister and the US Trade Representative resulted in positive outcomes, marking a significant step in ministerial cooperation since the new US administration commenced.

The potential upgrade of the Vietnam-Singapore relationship is viewed as strategically advantageous, with implications for broader regional and global cooperation.

NA Vice Chairwoman Nguyen Thi Thanh reaffirmed Vietnam’s view of the US as a crucial strategic partner, noting the importance of the impending 30-year anniversary of normalized relations in 2025.

The Vietnamese Party chief’s discussions with leaders from Indonesia, Singapore, and the ASEAN Secretariat reinforced a mutual commitment to enhancing ASEAN’s ambitions and coordinating efforts across member states.

A solemn ceremony was held on March 14 to commemorate 64 Vietnamese naval personnel who lost their lives during the Gac Ma battle, honoring their dedication in defense of the national flag and sovereignty.

According to scholar Beni Sukadis, the Party chief’s state visit to Indonesia could significantly improve Vietnam’s market access and foster trade and cooperation in key areas such as energy and digital transformation.

Vietnamese Ambassador to Australia Pham Hung Tam underscored the importance of South Australia in advancing collaborative projects, particularly in science, technology, education, and innovation.

Diplomatic efforts have strengthened the Vietnam-Mexico relationship, enhancing cooperation across various sectors and reflecting mutual support in international settings.

Vietnamese Ambassador to Brazil Bui Van Nghi highlighted the deepening partnership with Brazil, marking it as the largest Latin American market for Vietnamese goods, including electronics and textiles.

Initiatives between Chile’s Los Ríos region and Vietnamese localities are geared towards promoting collaboration in economic, educational, and cultural domains.

Deputy Prime Minister Nguyen Hoa Binh announced details of the Government’s administrative reform proposal, which aims to transfer specific responsibilities from district levels to provincial authorities and decentralize further duties to local administrations.

In conclusion, Prime Minister Chinh’s statements and recent actions underline Vietnam’s commitment to enhancing its defense industry, fostering international partnerships, and strengthening economic relations. The nation is actively seeking collaboration in various sectors, including finance, technology, and diplomacy, while commemorating its historical sacrifices.

Original Source: en.vietnamplus.vn

About Marcus Chen

Marcus Chen has a rich background in multimedia journalism, having worked for several prominent news organizations across Asia and North America. His unique ability to bridge cultural gaps enables him to report on global issues with sensitivity and insight. He holds a Bachelor of Arts in Journalism from the University of California, Berkeley, and has reported from conflict zones, bringing forth stories that resonate with readers worldwide.

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