Hanoi, May 18 (IANS) Vietnam’s southern hub Ho Chi Minh City has approved an outline for its 2025-2050 master plan with a 100-year vision to transform itself into a leading sustainable, innovative and livable mega-city in the Asia-Pacific region, local media reported on Monday. Under the outline, which was approved by the municipal People’s Committee, the city targets an annual gross regional domestic product (GRDP) growth rate of at least 10 per cent between 2025 and 2050. Its total GRDP is pro…
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New Delhi, May 18 (IANS) Defence Minister Rajnath Singh will depart for his two-nation visit to Vietnam and South Korea on Monday to discuss expanding strategic military ties, defence industrial partnerships, and maritime security cooperation to support stability in the Indo-Pacific region.Singh will arrive in Hanoi on Monday to discuss ways to further strengthen the military cooperation with Vietnam. He will later visit South Korea to discuss the bilateral defence ties.In a post on X, Singh sai…
Washington, May 17 (IANS) In the immediate aftermath of President Donald Trump’s historic trip to Beijing, the Trump administration on Sunday signalled a new phase in US-China trade and economic ties, outlining a more structured trade relationship with Beijing while maintaining tariffs and restrictions on sensitive sectors, in remarks closely watched by global markets and trading partners, including India.US Trade Representative Jamieson Greer said the administration was moving toward a formal…
Seoul, May 17 (IANS) Two South Koreans who were held captive in Cambodia in scam-related incidents have been rescued in separate operations conducted through cooperation between South Korean and Cambodian authorities, police said Sunday. A man in his 30s, who has a disability, travelled to Cambodia via Vietnam after seeing a social media post advertising special recruitment opportunities for people with disabilities.But he failed to obtain a job and was subsequently held captive in a hotel in th…
Kuala Lumpur, May 16 (IANS) India on Saturday spotlighted the deepening maritime relationship with Malaysia as Indian Navy’s oceanographic research vessel, INS Sagardhwani, departed Port Klang after concluding a successful engagement with the Royal Malaysian Navy. “The port call enabled productive interactions between the two sides through a series of professional and scientific interactions,” the Indian Navy stated.Earlier this week, personnel of the Royal Malaysian Navy warmly welcomed t…
Seoul, May 16 (IANS) A top official of North Korea’s rubber-stamp legislature met Vietnam’s Foreign Minister Le Hoai Trung for talks in Pyongyang earlier this week, the North’s state media reported on Saturday. Jo Yong-won, chairman of the standing committee of the Supreme People’s Assembly, met Trung on Friday during his visit to the country as Vietnamese President To Lam’s special envoy, the Korean Central News Agency (KCNA) said.The KCNA dispatch did not offer details of the talks, which incl…
Kuala Lumpur, May 15 (IANS) Indian Naval Ship (INS) Sagardhwani’s arrival at Malaysia’s Port Klang as part of its South East Asia deployment reaffirms the growing India-Malaysia maritime partnership and shared commitment towards regional maritime security and cooperation, the Indian Navy stated on Friday. INS Sagardhwani, the Indian Navy’s Oceanographic Research Vessel, arrived at Port Klang, Malaysia, on May 13 as part of her South East Asia deployment.“On arrival, the ship was warmly welco…
New Delhi, May 15 (IANS) The central government’s defensive measures to protect financial stability, including a gold import duty hike to 15 per cent may trim the current account deficit by about 23 bps, a report said on Friday.Markets have partly priced post‑war normalcy but face fresh strain as crude holds at $100–110, and Nifty could slide to 21,000 if the energy shock persists, the report from domestic brokerage Emkay Global Financial Services Ltd said.However, the gold import duty hike …
New Delhi, May 14 (IANS) Two India-bound vessels have safely crossed the Strait of Hormuz and are expected to arrive in the country in the next couple of days, the government announced on Thursday.SYMI, an LPG carrier and Marshall Islands-flagged vessel, carrying 19,965 MT of LPG cargo for India, with 21 foreign crew members onboard, safely crossed the Strait on May 13 and is expected to arrive at Kandla on May 16, the government said in its daily briefing.”NV SUNSHINE, an LPG carrier and Vietna…
New Delhi, May 11 (IANS) India-Vietnam ties have been making steady progress beyond the headlines with the elevation of the Comprehensive Strategic Partnership. Not just defence, the two nations are interested in boosting trade and finance as was showcased during Vietnamese President To Lam’s recent State Visit to India in May, a report has stated. To Lam’s visit to New Delhi within the first month of being elected as Vietnam’s President demonstrates the strength of the partnership with India. T…