PH Embassy Pursues Increased Economic Partnership with Vietnam
PHOTO: Philippine Embassy in Hanoi Chargé d’ Affaires (CDA), a.i. Paul Vincent Uy (left) visited Vietnam Chamber of Commerce and Industry on 15 August 2019 to discuss with International Department Director General Nguyen Van Hai (right) further cooperation for enhancing Philippine-Vietnam economic relations.
In 2018, Vietnam was the Philippines’s 12th largest trading partner, 13th largest export market and 10th largest import supplier. Philippine exports amounted to US$943.78 million while its imports amounted to US$3.04 billion. Total trade amounted to US$3.98 billion.
On 14 August 2019, CDA Uy met with the executives of CARD MRI, a microfinance and social development leader in the Philippines, headed by International Group Director Jean Pauline Landicho.
Since 1995, CARD MRI has been working as technical consultant for Vietnam Women’s Union for poverty eradication through microfinance, microinsurance, and microenterprise development. It has now expanded to other Vietnamese partners, namely Tinh Thuong Microfinance Institution, Fund for Poor Women, Microinsurance Fund, Vietnam Women’s Academy, and Microfinance Training Center. CARD MRI's founder Dr. Jaime Aristotle Alip has already received two prestigious awards - Ramon Magsaysay Award 2008 for Public Service and Ramon V. Del Rosario award 2019 for Nation Building - for his contribution in alleviating poverty in the Philippines. (Hanoi PE photo)
For more information, visit https://www.hanoipe.dfa.gov.ph or https://www.facebook.com/PHinVietnam/.