Vietnam, Venezuela Sign Co-operation Projects

Nhan Dan

Several Vietnamese and Venezuelan agencies and businesses signed a number of co-operation agreements, contracts and memoranda of understanding at the second session of the Vietnamese-Venezuelan Inter-governmental Committee that concluded in Caracas, Venezuela on April 20.

The second session of the Vietnamese-Venezuelan Inter-governmental Committee 

Under the agreements, Vietnam will supply solar power generating stations, solar powered kettles, public lighting systems, technical assistance and equipment for exploration of the Junin 2 oil field by the joint venture PetroMacareo.

The newly signed contracts also include the expansion of a cultural exchange programme for the 2012 – 2015 period, which will focus on the theatre, cinema and publishing. Continue reading


Venezuela’s Recovery from Austerity: The Successful Outcomes of the Bolivarian Revolution

by Kurt B.

The war against global capitalism and American imperialism has been a long and bloody struggle for those feeling the oppression and exploitation in the developing world.  For those countries which share a close proximity to the United States, the creation or adoption of counter-ideologies has sometimes become the inevitable result of combating existing inequalities and injustices due to neo-colonialism.

Throughout the 20th century, many Central and South American nations have undertaken this course of action, including the Bolivarian Republic of Venezuela, which has embarked on the most revolutionary transition in the entire region in recent times.

The Bolivarian Revolution was instigated in 1997 by the Fifth Republic Movement; a left-wing political party led by Hugo Chavez (renamed the United Socialist Party of Venezuela in 2007).  After winning democratic elections in 1998 and being formally inaugurated as President of Venezuela, Chavez fully dedicated his incumbency to fighting poverty, illiteracy and the vast inequalities that engulfed his country.  He strived to achieve these goals by reforming every realm of societal existence and the policy-making process to ensure that any positive changes made would stay intact. Continue reading