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NEWS UPDATES Asean Affairs                   19  September 2011

Vietnam open to Indian investment

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Vietnam will continue to create favourable conditions for Indian enterprises to invest here, said President Truong Tan Sang at a reception for Indian Foreign Minister S M Krishna in Hanoi on Saturday.

Krishna is in Hanoi to co-chair the 14th session of the Vietnam-India Joint Committee on Trade, Economic, Scientific and Technological Cooperation.

The results of the session would help create more favourable conditions for the two countries to promote trade and investment in line with their potential, Sang said.

Sang welcomed India's "Look East" policy and the active participation of India in the region, and voiced his support for the strengthening of the ASEAN-India dialogue.

Vietnam consistently attached importance to its tradition of friendship and multifaceted cooperation with India and was striving to develop a strategic partnership which would bring practical benefits to both countries and contributing to peace, stability and development in the region and the world, Sang said.

He also affirmed Viet Nam's support for India's efforts to improve its position in the region and the world and expressed his belief that India would effectively assume permanent membership of the UN Security Council once it is expanded.

Krishna said tradition of multifaceted co-operation between India and Viet Nam was developing fruitfully and affirmed India's desire to further promote relations with Viet Nam.

He expressed his pleasure at the proceedings of the 14th session of the Viet Nam-India Joint Committee on Trade, Economic, Scientific and Technological Co-operation, which included preparations for the upcoming official visit to India by President Sang, as well as efforts in 2012 to mark the 40th anniversary of diplomatic ties and fifth year of strategic partnership between the two countries.



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This year in Thailand-what next?

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It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


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