Two-way trade between Vietnam and China is expected to reach 15 billion USD this year, increasing to 20 billion USD by 2010, said Prime Minister Nguyen Tan Dung.

Prime Ministers from the region attending the third Ayayewady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit have agreed to boost cooperation in the areas of economy, trade, investment and tourism to cope with the negative impact of the global economic downturn.

China and Vietnam said they would further deepen their economic and trade cooperation and set a target of 25 billion U.S. dollars for their bilateral trade by 2010.

Vietnam and Nigeria signed a deal to promote trade ties between the business circles of the two countries in Hanoi on Oct. 22.

Prime Minister Nguyen Tan Dung has pledged to speed up administrative reforms, intensify infrastructure investments and give a hand in personnel training for enterprises to help them increase competitive edges.

Prince Andrew, Duke of York, the UK, said Vietnam is one of the most successful countries regarding socio-economic development as well as the use of official development assistance (ODA).

Truong Tan Sang (photo), Politburo member and permanent member of the Secretariat of the Communist Party of Vietnam has called for concerted efforts to lift the collective economic sector out of current difficulties and weaknesses.

Vietnam and the European Union agreed to build their Partnership and Cooperation Agreement (PCA) into a comprehensive package that includes dialogue and cooperation in politics, economics, culture and development.

Prime Minister Nguyen Tan Dung on June 18 agreed to let the Ministry of Natural Resources and Environment receive France ’s expert services for implementing a project on land management in Da Nang , Ha Noi and Ho Chi Minh City .

On the occasion of Russia’s National Day (June 12), Viet Nam News interviewed Russian Ambassador Vadim Viktorovich Serafimov.