Vietnam, Timor Leste to foster ties in energy

10/09/2013

Vietnam and Timor Leste have agreed to enhance ties in politics, economics-trade-investment, agriculture-forestry-fisheries, energy, information-communications, and education and training.

The agreement was reached at the talks between Prime Minister Nguyen Tan Dung and his Timor Leste counterpart Kay Rala Xanana Gusmão in Hanoi on September 4. The talks took place following a welcome ceremony on the morning of the same day.

Prime Minister Nguyen Tan Dung (R) welcomes Timor Leste counterpart Kay Rala Xanana Gusmão.

The two PMs shared the view that relevant ministries and departments will work together to promptly sign an agreement on investment encouragement and protection, ensure food security and promote links in oil and gas, tourism and people-to-people exchange.

They agreed that the two nations will actively implement the Vietnam-Timor Leste Framework Agreement on Economic and Technical Cooperation signed in April, 2010 and hold the first session of the Inter-Governmental Committee to discuss concrete cooperative steps.

The leaders hailed the signing of the trade agreement between the two Governments during the visit, saying that it will lay an important legal foundation for bilateral economic and trade links.

Discussing regional and global issues of mutual interest, both sides vowed to continue working closely at multilateral forums and organisations.

Vietnam will actively work with ASEAN member countries to back Timor Leste’s bid to join the grouping, PM Dung noted.

Moving on to the East Sea issue, they agreed on the need to ensure maritime security and safety, and peace and stability in the region as well.

PM Gusmão expressed his support to ASEAN’s stance which is made clear in its Six-Point Principles on the East Sea.

Following the talks, both host and guest witnessed the signing of a trade agreement between the two Governments.

At a press briefing later, PM Dung stressed that the visit is an important milestone in the history of Vietnam-Timor Leste ties and gives an impetus to their friendship and all-around cooperation.

The Timor Leste PM said he wishes both countries will further cooperation in fields of their strength.

He also promised to make it easier for Vietnamese firms to do business in the long term in his country.

By Le My

Same Category

Central Group, TSS partner to roll out solar solutions in Vietnam's retail outlets

07/11/2024

VSUEE Project Implementation Promotional Measures: Challenges and Opportunities 11/10/2024

On the morning of October 9, 2024, the Ministry of Industry and Trade, in collaboration with the World Bank, organized a roundtable discussion on "VSUEE Project Implementation Promotional Measures: Challenges and Opportunities".
Promoting the Energy Efficiency Investment Market in the Industrial Sector 01/10/2024

On the morning of September 27, 2024, in Ho Chi Minh City, the Ministry of Industry and Trade, in collaboration with the Korea International Cooperation Agency (KOICA), organized "Promoting the Energy Efficiency and Conservation Investment Market in Vietnam's Industrial Sector" seminar.
EOI Extension (#3): C2.2.2: Review and update for current EE benchmarking for 2 sub-industrial sectors 13/09/2024

About Extension (#3) Bidding Package: C2.2.2: Review and update for current EE benchmarking for 2 sub-industrial sectors, develop new EE&EC standards for 2 sub-industries and technical guidelines development for those sectors.
Training energy experts on boiler system optimization 02/07/2024

June 25 - 28, 2024 in Hanoi, the Ministry of Industry and Trade coordinated with the United Nations Industrial Development Organization (UNIDO) to organize a training course for experts on optimizing steam systems in industry.
Technical consultation seminar on VAS's findings 02/07/2024

On the morning of June 26, 2024, in Hanoi, the Ministry of Industry and Trade collaborated with the Danish Energy Agency and the Embassy of Denmark to organize a Consultation Workshop on "Selected Guidelines of the Voluntary Agreement Scheme (VAS) Operation Manual and VAS Findings”.
Optimizing Compressed Air Systems for Southern Industrial Enterprises 22/05/2024

On May 14-15, 2024, in Ho Chi Minh City, the Ministry of Industry and Trade, in cooperation with the United Nations Industrial Development Organization (UNIDO), conducted a training course on optimizing compressed air systems in industry.
Vietnam, EU, UK discuss implementation of energy transition partnership 03/10/2023

Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan had a working session with the European Union delegation to Vietnam and the British Embassy in Hanoi on October 3 to discuss the implementation of the Just Energy Transition Partnership (JETP).
Ministry calls for US Grains Council’s support in biofuel development 11/09/2023

Deputy Minister of Industry and Trade Do Thang Hai on September 11 held a working session with the US Grains Council (USGC) on promoting biofuel development in Vietnam.