Vietnam News Today (May 28): Vietnam and China Discuss Strategic Cooperation Orientations
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At the signing ceremony between NSSC and CCPIT (Photo: VNA)

Vietnam, China eye deeper tech, innovation collaboration

There remains vast untapped potential for Vietnam – China cooperation in sci-tech and innovation, and more need to be done to unlock it, heard a conference on technology transfer, trade and investment promotion held in Ho Chi Minh City on May 29.

The event was co-hosted by the Trade Sector Committee of the China Council for the Promotion of International Trade (CCPIT), the National Startup Support Center (NSSC) under the Vietnamese Ministry of Science and Technology, and the Vietnam Innovation Hub Network.

NSSC Deputy Director Le Toan Thang described the Politburo’s Resolution 57, which focuses on breakthroughs in sci-tech, innovation, and national digital transformation, as a key driver of Vietnam’s rapid growth.

Vietnam attaches importance to deepening international cooperation to help domestic enterprises tap into global technological advancements for development, he said, adding that China, with a well-developed sci-tech, presents a promising market for Vietnamese firms seeking partnerships and access to advanced technologies and practical, effective technology transfer models.

The NSSC would continue to accompany and support cooperation activities in entrepreneurship and innovation, he said, stressing its commitment to facilitating meaningful connections between Vietnamese and Chinese enterprises, particularly startups and tech firms, to foster lasting and effective partnerships, cited VNA.

Wang Xi, Vice Chairwoman of the CCPIT Trade Sector Committee, noted that companies need to be equipped with robust skills, strong foundational capabilities, and most importantly, the support from key regulatory bodies in both countries.

Through practical activities, the CCPIT has organized numerous business trips to Southeast Asia, with Vietnam as a focal point, to build mutual understanding and lay the groundwork for long-term cooperation, she added.

It showcased a range of cooperation models, from traditional models to cross-border e-commerce, to create practical platforms for entrepreneurs to exchange ideas and build seamless resource-sharing networks.

Participating Chinese firms praised Vietnam’s improving business climate, citing stronger legal frameworks, competitive production costs, advanced infrastructure, and vibrant industries as catalysts for expanded collaboration in trade, investment, and innovation.

Dang Duc Thanh, member of the Vietnam Chamber of Commerce and Industry’s Executive Committee and Chairman of the Vietnam Economists’ Club, proposed establishing a Vietnam–China SME Alliance. Backed by the Vietnamese Ministry of Industry and Trade, the alliance would serve as a legitimate and essential bridge to help the two countries’ business communities move toward more effective and successful partnerships.

Vietnam, Venezuela reinforce ties through people-to-people diplomacy

A delegation from the Vietnam Union of Friendship Organizations (VUFO) and the Vietnam–Venezuela Friendship Association, led by VUFO Vice President Dong Huy Cuong, visited Venezuela from May 24 to 29 to observe the South American country’s parliamentary and local elections, at the invitation of Venezuela’s ruling United Socialist Party (PSUV).

During the visit, the delegation participated in activities organized by the Venezuelan National Electoral Council, signed a memorandum of understanding with the the Simon Bolivar Institute for Peace and Solidarity among Peoples (ISB), paid a courtesy call on Foreign Minister Yvan Gil Pinto, held meetings with the Venezuela–Vietnam Parliamentary Friendship Group, and met with war veterans in Caracas and other long-standing friends of Vietnam.

Speaking at the events, Vice President Dong Huy Cuong congratulated Venezuela on its successful elections and reaffirmed Vietnam’s consistent support for the Venezuelan people’s just cause in pursuit of independence, sovereignty, and socialism. He expressed admiration for the Venezuelan people’s resilience in the face of severe sanctions and reiterated Vietnam’s enduring appreciation for the solidarity and support offered by Venezuela during the years of resistance wars and the country’s ongoing renewal process

He emphasized that the friendship between Vietnam and Venezuela has deep historical roots, built on mutual trust, solidarity, and shared ideals.

Regarding the newly signed memorandum with ISB, Cuong stated that the agreement would help strengthen coordination between people’s organizations such as VUFO, ISB, and the Venezuela–Vietnam Friendship House, thereby contributing to peace, stability, and the wellbeing of both peoples, according to VOV.

At a meeting with the Vietnamese delegation, Foreign Minister Yvan Gil described Vietnam as a symbol of resilience and national strength, transforming from the ashes of war into a prosperous, independent nation with growing international stature. Despite facing numerous challenges, Venezuela continues to regard Vietnam as a great friend, a trusted friend and a model of determination, independence, and peaceful progress, he said.

Alongside achievements in bilateral relations, the FM emphasized the important role of people-to-people diplomacy and voiced support for continued exchanges between intellectuals and cultural figures from both countries, as well as increased student exchanges and business connectivity.

At the signing ceremony of the VUFO–ISB memorandum, Deputy Foreign Minister Tatiana Pugh Moreno said the document represents not only a cooperation agreement, but also a continuation of the long-standing solidarity between the two peoples. She expressed hope that it will promote new opportunities for academic, cultural, and youth exchanges, and closer ties among businesses and civil society organizations.

ISB President Rosa Eekhout described the signing as a “symphony of friendship,” coinciding with major milestones celebrated by both nations- the 135th birthday of President Ho Chi Minh, the 80th anniversary of Vietnam’s National Day, and the PSUV’s resounding victory in the elections.

During their meetings, Venezuelan officials also congratulated Vietnam on its remarkable achievements in the decades since national reunification and voiced confidence in the country’s bright future under the leadership of the Communist Party of Vietnam.

Earlier, the VUFO delegation laid flowers at the statue of President Ho Chi Minh in Caracas, attended a memorial service for former President Tran Duc Luong at the Vietnamese Embassy, and visited the El Cuartel de la Montarna memorial in tribute to the late President Hugo Chavez.

Indian navy ship INS Darshak visits Ho Chi Minh City

The Indian Navy’s ship INS Darshak, commanded by Colonel Praveen Thomas, docked at Saigon Port in the morning of May 29, beginning a friendly three-day visit to Ho Chi Minh City.

Speaking at a press briefing on board, Thomas noted that the visit marks an important milestone in bilateral cooperation between India and Vietnam. It further strengthens the India–Vietnam partnership in the Indo-Pacific region, contributing to maritime security and safety, sustainable marine resource management, and strategic regional integration, reported VNA.

Crew members of the Indian Navy's ship INS Darshak and representatives of the High Command of the Vietnam People's Navy, the HCM City Department of External Relations, and the Vietnamese Ministry of National Defence pose for a group photo. (Photo: VNA)

According to the HCM City Department of Foreign Affairs, during their stay, the ship’s officers and crew will lay a wreath in tribute to President Ho Chi Minh at his statue on Nguyen Hue walking street; pay courtesy calls on leaders of the municipal People’s Committee, Military Region 7 Command, and Naval Region 2 Command.

The Indian officers and sailors will also visit cultural and historical sites in the city, participate in friendly sports exchanges with the Vietnam People’s Navy, and host local delegations on guided tours of INS Darshak.

INS Darshak is equipped with state-of-the-art survey and digital data processing systems, as well as modern sonar, water column density measurement tools, and tidal and meteorological sensors.

Vietnam tops list of affordable backpacker destinations in Southeast Asia

Vietnam has been named the most budget-friendly destination for backpackers in Southeast Asia, according to Travel And Tour World (TTW), a global travel guide that recently published its list of top value-for-money travel spots in the region.

Vietnam topped the rankings with an impressive score of 40 out of 45, thanks to consistently low prices in accommodation, food, and transportation. TTW highlights the Southeast Asian country as an ideal choice for backpackers seeking extended stays without compromising experiences, offering unbeatable affordability across all essential travel categories.

TTW also reveals that Vietnam’s ultra-budget offerings include beer priced as low as VND22,000 (under US$1) per bottle, soft drinks available for VND11,000, public transport fares averaging only VND8,000 for a one-way trip, and hostel beds starting at an astonishingly low VND30,000 per night.

It praises Vietnam’s budget-friendly travel environment, noting that the low costs allow travelers to fully immerse themselves in the country’s rich culture, history, and natural beauty without stretching their budget. The combination of affordable lodging, inexpensive meals, and accessible local transport makes the country especially attractive to independent travelers and backpackers, cited VOV.

Cai Rang floating market is a favourite destination among foreign tourists during their trip to Vietnam.

Elsewhere, Indonesia ranked second on the list, offering strong value for money particularly in terms of food and recreational activities. Thailand followed closely in third, recognized for its overall balance of affordability and tourism infrastructure.

Malaysia and Singapore rounded out the rankings. While they are considered more expensive destinations, both countries offer visa advantages, with extended visa-free stays of up to three months, longer than those currently available in Vietnam, Indonesia, or Thailand.

PM suggests U.S. remove Vietnam from strategic export control list

Prime Minister Pham Minh Chinh made the call during a reception for John Moolenaar, Congressman of Michigan state, who is also a member of the U.S. House Appropriations Committee on May 28 in Hanoi.

He took the occasion to urge the U.S. to promote the process of recognizing Vietnam's market economy status.

Prime Minister Pham informed the delegation about Vietnam's major development orientations in which the country regards the private economic sector as the most important driving force, and science - technology, innovation, digital transformation, and green transition as strategic breakthroughs in the new development stage of the country, towards the goal of becoming a upper-middle income country by 2030 and a developed country with high income by 2045.

Regarding the tariff issue, Pham suggested that during the negotiation process, the U.S. should pay attention to Vietnam's specific conditions and circumstances, and have a more balanced approach to maintain sustainable, healthy and stable trade relations, bringing practical benefits to businesses and people of the two countries, reported VGP.

Prime Minister Pham Minh Chinh (R) and Congressman of Michigan state John Moolenaar, Hanoi, May 28, 2025. Photo: VGP/Nhat Bac

In reply, Moolenaar and other members of the U.S. Congress expressed their impression of the strong development of Vietnam and the Vietnam-US relationship over the past 30 years.

Moolenaar agreed that the U.S. will continue cooperation with and support Vietnam in achieving its strategic development goals.

He pledged to make greater efforts to promote bilateral relations, including economic and trade ties as well as tariff negotiations between the two countries.

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