Business

The State visit to India by Vietnam's General Secretary of the Communist Party and President To Lam marks a historic milestone in bilateral relations as the two countries officially elevated their ties to an Enhanced Comprehensive Strategic Partnership (ECSP).

The airport expected to have a designed capacity of about 20,000 passengers per year in the 2021-2030 period.

Mr. Giles Cooper, Partner at Allens, Hanoi Branch, tells Vietnam Economic Times / VnEconomy that changes in policy framework will unlock new deal opportunities and structures in renewable energy M&A activities in Vietnam.

The agreement was reached by General Secretary and President To Lam and Sri Lankan President Anura Kumara Dissanayake during their summit meeting in Colombo on May 8.

The partnership coming as Vietnam moves forward with plans to pilot a regulated digital asset market.

At the 48th ASEAN Summit held on May 8 in Cebu, the Philippines, the Vietnamese leader also called for effective implementation of the ASEAN Plan of Action for Energy Cooperation (APAEC) for the 2026-2030 period, the ASEAN Power Grid, and the Trans-ASEAN Gas Pipeline.