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Friday, September 19, 2025

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A potential gateway to ASEAN market

Despite the absence of geographical proximity, the Vietnam – Belarus relationship presents an intriguing example of how nations with diverse backgrounds and interests can discover shared interests in an interconnected world. In an interview with The Saigon Times, Ruslan Varankou, Consul General of Belarus in HCMC, discusses the vision driving the Vietnam – Belarus relationship forward in today’s world. The Saigon Times: Could you provide some background on the recent establishment of the Consulate General of Belarus in HCMC?Ruslan Varankou: Belarus established its first diplomatic mission in HCMC. In 1997, it was transformed into the Embassy of Belarus in Hanoi. Therefore, the recent establishment of a fully functional Consulate General of Belarus in HCMC represents a significant step. The reasons behind this decision are quite evident. First, there are the long-standing friendly relations between Belarus and Vietnam, dating back to the Soviet period. Second, HCMC’s economic growth in recent years has contributed up to 22% of Vietnam’s GDP, making it the most attractive spot for the development of economic cooperation. Third, the establishment of the Consulate General of Belarus in HCMC will provide the same level of attention to southern Vietnam, including trade, economic, and humanitarian interaction at both inter-regional […]
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What October holds in store

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Compliance does matter

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Revitalizing corporate bond market through diversification

Vietnam's corporate bond market is holding medium and long-term growth potential through the diversification of its investor base and the enhancement of intermediary financial...

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Looking for substitute materials and measures to deal with a severe shortage of sand for road and bridge projects in the Mekong Delta is...

The sand shortage

Despite having sufficient manpower and equipment, the contractors of expressway projects in the Mekong Delta have been either operating perfunctorily or have suspended work...

Deposits surge despite rate cuts

Despite the ongoing run of interest rate cuts, deposits have continued flowing into the banking system. This is an omen of economic conditions getting...

Heavy rain triggers severe flooding in central provinces

HCMC - Heavy rain has caused severe flooding in central Vietnam, submerging many residential areas and roads under water, the Vietnam Disaster Management Authority...

Banks see bad debt rising

HCMC – Tough business conditions, mostly in the real estate sector, led bad debt in the banking system soaring from 2% early this year...

Vietnam, South Korea businesses partner in semiconductor industry

HCMC - Vietnamese and South Korean business associations have inked a memorandum of understanding to enhance cooperation in the semiconductor sector and other industries. The...

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