Deputy PM’s working trip to elevate Vietnam – Spain ties: Ambassador
Economic, trade, and investment cooperation remains the bedrock of the Vietnam-Spain partnership, with both nations expanding into high-potential sectors like innovation, artificial intelligence (AI), semiconductor, digital transformation, renewable energy, transport infrastructure, railways, urban transit, seaports, and aviation
PM Pham Minh Chinh (R) and his Spanish counterpart Pedro Sánchez in Hanoi in April. (Photo: VNA)
Madrid (VNA) – Deputy Prime Minister Ho Duc Phoc’s upcoming attendance at the fourth International Conference on Financin🦄g for Development (FfD4) and working trip to Spain from June 30 – July 3 will mark a concrete step toward a more effective and pragma𝓀tic Vietnam-Spain partnership, said Vietnamese Ambassador to Spain Doan Thanh Song.
The visit, to be made at the invitation of United Nations (UN) Secretary-General António Guterres and Spanish Prime Minister Pedro Sánchez, will focus on business connectivity, economic and investment promotion, seaport building and management, tourism, and finance, he noted.
Song stressed that Deputy PM Phoc’s attendance at FfD4, a leading UN platform on development finance, reflects an important concretisation of Vietnam’s policy of elevating its multilateral diplomacy, particularly by engaging with international financial institutions and shaping a new global financial framework. Vietnam’s presence signals its dedication to the Sustainable Development Goals (SDGs) and its efforts to pool resources like Official Development Assistance (ODA) and private capital.
The conference, expected to draw over 60 heads of state, high-ranking delegations from 200 countries and international organisations, and around 10,000 delegates, will focus on reforming global financial systems, enhancing debt sustainability, and scaling up investment to bridge development finance gaps.
Deputy PM Phoc is set to deliver key remarks at plenary sessions and join a roundtable on revitalising international development cooperation, where he will articulate Vietnam’s vision as an active, responsible, and reform-oriented nation committed to multilateralism and sustainable development.
The trip follows PM Sánchez’s visit to Vietnam in April, the first by a Spanish Government leader since diplomatic ties were established in 1977. Phoc’s mission aims to build on the joint statement issued during that visit, advancing cooperation in areas such as economy, finance, infrastructure, green and renewable energy, rail transport, logistics, urban planning, digital transformation, maritime economy, agri-food processing, and tourism. Concrete and practical contents reached during the trip is expected to pave the way for elevating bilateral ties to a comprehensive strategic partnership, Song stated.
A notable highlight of the trip will be Phoc’s meeting with the President of Catalonia, the second such engagement since then Vietnamese President Nguyen Minh Triet’s visit in 2009. The engagement with Catalonia, Spain’s second-largest economy in the northeast, is hoped to boost bilateral relations at both national and local levels.
Vietnamese Ambassador to Spain Doan Thanh Song (Photo: VNA)
Song described the Vietnam-Spain relationship as entering a “new, deeper, and more substantive chapter” since Sánchez’s visit.
Economic, trade, and investment cooperation remains the bedrock of the partnership, with both nations expanding into high-potential sectors like innovation, artificial intelligence (AI), semiconductor, digital transformation, renewable energy, transport infrastructure, railways, urban transit, seaports, and aviation, which are Spain's strengths meeting Vietnam’s needs. Cultural exchanges and tourism are also flourishing, driven by growing Spanish arrivals in Vietnam.
The two countries are preparing to hold the first session of their Joint Economic, Trade and Investment Committee in 2025 to capitalise on their complementary economies. Vietnam also plans to dispatch a technical working group to Spain to study transport infrastructure and explore investment opportunities./.
Deputy Prime Minister Bui Thanh Son has signed a decision establishing a Vietnamese sub-committee under the Joint Committee on Economic, Trade, and Investment Cooperation between the Vietnamese and Spanish Governments.
Vietnam is a dynamic and rapidly developing economy, with a growth rate exceeding 7% in 2024, a figure that not many countries could achieve amidst numerous fluctuations and challenges. Spain wishes to become an active partner in Vietnam's goal of modernisation and becoming a high-income developed nation by 2050.
Building on the excellent friendship and rich potentials for cooperation between the two countries, both parties expressed their commitment to further enhancing bilateral cooperation in all areas, with the aim of upgrading Vietnam - Spain relations to a Comprehensive Strategic Partnership at an appropriate time.
Vietnam’s participation in the BRICS Summit in Rio de Janeiro at the inviation of Brazilian President Lula da Silva highlights the country's growing global role and sets the stage for deeper future cooperation, stated Vietnamese Ambassador to Brazil Bui Van Nghi ahead of Prime Minister Pham Minh Chinh’s trip to Brazil for the summit and bilateral activities from July 4-8.
Becoming a partner country of BRICS is a step that fully aligns with the foreign policy of independence, self-reliance, multilateralisation, and diversification of international relations that Vietnam has steadfastly pursued for nearly four decades.
President of the 79th session of the UN General Assembly Philemon Yang on July 3 commended Vietnam’s development achievements as well as its steadfast stance and commitment to multilateralism, international law, and the UN Charter.
Prime Minister Pham Minh Chinh is also expected to reaffirm Vietnam's strong commitment to peace, stability, cooperation, and development on this occasion; as well as its desire to deepen ties with Brazil and diversify economic, trade, and investment partnerships with high-potential regions.
Regarding regional matters, particularly the East Sea issue, Ramírez noted that Vietnam and China now have additional platforms to address disputes peacefully via dialogue within the framework of multilateral organisations.
Reaffirming Vietnam’s readiness to share its experience, Xuan reiterated the country’s commitment to being a reliable partner and responsible member of the global community, working together to build an inclusive digital world where all women and girls can fully participate, be protected, and be empowered to achieve comprehensive development.
Vietnam’s becoming a BRICS "partner country" is warmly welcomed, and Brazil expects it to play an active and proactive role in advancing goals related to trade, investment, energy transition, sustainable environmental and social development, enhancing connectivity, and promoting equitable access to innovation.
The event aimed to highlight key achievements over the past decade and offered a platform for exemplary individuals and collectives to share experiences, spread positive examples, and encourage officers, Party members, and soldiers to continue studying and following the late leader’s thought, morality, and lifestyle.
Oliveira expressed his hope that the PM’s attendance at the expanded BRICS summit this year will unlock further cooperation opportunities, particularly in the spheres of science, technology, and innovation.
Administrative procedures for citizens and businesses had been issued in a timely manner, with clear and detailed regulations, and were promptly put in place to ensure seamless implementation as the two-tier local administration model began operations on July 1.
Prime Minister Pham Minh Chinh called for an 11–12% year-on-year increase in total social investment. Meanwhile, greater efforts are needed to fully disburse public investment by December 31. Substandard housing for people with meritorious service must be eradicated by July 27, with nationwide completion slated for August 30.
Prime Minister Pham Minh Chinh has set clear deadlines for three major tasks of eliminating makeshift and dilapidated houses nationwide, advancing key national transport projects, and accelerating the disbursement of public investment capital for 2025.
Over the past six months, NA agencies have advised and supported the legislature in completing the largest volume of law-making work since the beginning of the term, reviewing and passing 38 laws and 52 resolutions, and giving feedback on six other draft laws.
Prime Minister Pham Minh Chinh and his spouse will lead a high-ranking delegation of Vietnam to attend the expanded BRICS summit and engage in bilateral activities in Brazil from July 4 – 8.
Vietnamese nationals residing, working, and studying in Israel and Iran need to strictly follow the host countries' security and safety guidelines as well as maintain regular contact with the Vietnamese representative offices in these nations, she said.
All research and survey activities of foreign countries conducted in Vietnam’s exclusive economic zone and continental shelf, which have been established in accordance with the 1982 United Nations Convention on the Law of the Sea (UNCLOS), without Vietnam’s permission, violate the nation’s sovereign rights and jurisdiction, the spokeswoman stressed.
The discussions follow President Donald Trump’s announcement of reciprocal tariffs of between 20%- 40% after his phone talks with the Vietnamese Party chief, during which the two leaders discussed the bilateral ties.
The adoption of the two-tier local government model marks the beginning of a new era in Vietnam, as envisioned by its leaders. Although simple in appearance, this step represents a major leap forward in the nation’s development journey, promising benefits not only for current generations but also for those to come, a Chinese expert has said.
