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Sri Lanka-Viet Nam Strengthen Trade via Logistics and Maritime Connectivity

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By: Staff Writer

March 23, Colombo (LNW): Efficient shipping and logistics play a crucial role in enhancing trade relations between Sri Lanka and Viet Nam. Recognizing the need for improved connectivity, industry leaders and policymakers from both nations recently came together to explore opportunities for collaboration in these sectors. By streamlining trade processes and strengthening maritime links, Sri Lanka and Viet Nam aim to maximize economic benefits and foster long-term partnerships.

With this goal in mind, the Sri Lanka Export Development Board (EDB) hosted a webinar focused on promoting Sri Lanka’s logistics capabilities in the Vietnamese market. The discussions emphasized the importance of enhanced trade efficiency, supply chain integration, and strategic investments to drive mutual growth.

According to EDB, both countries acknowledged the necessity of stronger maritime connectivity and closer engagement to fully leverage their trade potential. EDB Chairman Mangala Wijesinghe highlighted the importance of reinforcing bilateral partnerships in logistics and shipping to optimize supply chain networks.

Sri Lanka’s Ambassador to Viet Nam, Poshitha Perera, stressed the significant growth opportunities that could arise from improved infrastructure and connectivity between the two nations.

Industry experts from Sri Lanka and Viet Nam shared insights on key topics such as locational advantages, investment prospects, regulatory frameworks, and best operational practices.

Among the notable speakers were Deputy Director of BOI Sudath Jayasekara, Head of Commercial at Hayleys Advantis Free Zone Ltd Rajiv Fernando, GAC Group of Companies Director – NVOCC & Logistics Navin Perera, and Viet Nam Logistics Business Association (VLA) Head of Logistics Services Department Pham Thi Lan Huong.

Their presentations covered essential aspects of port development, supply chain integration, and investment opportunities, paving the way for future business collaborations.

The webinar attracted a strong audience from the Viet Nam Logistics Business Association, with over 40 industry professionals in attendance. This engagement underscores the growing interest in strengthening trade ties between the two countries through a more connected and efficient logistics sector.

Japanese Naval Vessel MURASAME calls at Colombo Port for replenishment

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March 23, Colombo (LNW): The Japan Maritime Self-Defence Force (JMSDF) destroyer MURASAME arrived at the Port of Colombo yesterday (22) for a scheduled replenishment stop.

The Sri Lanka Navy extended a formal welcome to the vessel, observing customary naval protocols to mark its arrival.

The MURASAME is a 151-metre-long guided-missile destroyer under the command of Commander Hayakawa Masahiro.

The warship, known for its advanced capabilities, is crewed by approximately 200 personnel.

Its visit highlights the long-standing maritime cooperation between Japan and Sri Lanka, reinforcing ties in the region.

During their stay, members of the crew are expected to explore Colombo’s cultural and historical landmarks, providing them with an opportunity to experience Sri Lanka’s rich heritage.

The visit also allows for informal interactions between Sri Lankan naval officers and their Japanese counterparts, strengthening diplomatic and professional exchanges.

The MURASAME is scheduled to depart Sri Lankan waters on March 25, continuing its operational commitments in the Indo-Pacific region.

Police investigate election-related incidents ahead of LG Polls

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March 23, Colombo (LNW): Authorities have confirmed that three election-related complaints were lodged at police stations across the country on March 21, as Sri Lanka prepares for its upcoming local government elections.

The Police Headquarters has assured that each case is being thoroughly examined to uphold a fair and transparent electoral process.

One of the reported incidents involved an attack on a residence in Kahambiliyawa, Marassana, which falls under the Thalathuoya Police Division in the Kandy District. Whilst details regarding the motive remain unclear, police have launched an inquiry into the circumstances surrounding the incident.

A second complaint was filed in the Gandara Police Division of the Matara District, where an individual sustained injuries following an assault in Kapugama North. Law enforcement officers are currently investigating the attack to determine whether it was politically motivated or linked to local disputes.

The third case reported to the authorities concerned road repair activities in the Beruwala Police Division of the Kalutara District. Complaints were raised regarding ongoing work on Hettimulla and Malbokka roads, with initial investigations revealing that the Beruwala Pradeshiya Sabha was responsible for the maintenance efforts. Given the timing of the repairs, the police have been tasked with verifying whether the work adhered to electoral regulations.

The Police Headquarters reiterated its commitment to ensuring a secure electoral environment, stating that all allegations of election-related misconduct would be addressed with due diligence.

Security measures are expected to be strengthened in key areas as the election date approaches, with law enforcement monitoring potential violations to prevent any undue influence on the democratic process.

Pope Francis to be discharged after battling severe pneumonia

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March 23, Colombo (LNW): Pope Francis is set to be discharged from hospital on Sunday after spending 38 days receiving treatment for a life-threatening case of pneumonia.

The 88-year-old pontiff, who was admitted to Rome’s Gemelli Hospital on February 14 following a worsening bout of bronchitis, will now return to the Vatican, where he is expected to undergo an extended period of rest and rehabilitation.

Dr Sergio Alfieri, the lead coordinator of the Pope’s medical team, stated that Francis would require at least two months of convalescence at his residence in the Santa Marta hotel near St Peter’s Basilica.

He has been advised to avoid large gatherings and strenuous activities whilst he recovers. Despite these limitations, the Pope is expected to deliver a blessing from his hospital suite before his discharge—the first time he will be seen publicly since his admission.

Speculation regarding a possible papal resignation or funeral has been put to rest for now, as Francis has shown consistent improvement. His personal physician, Dr Luigi Carbone, confirmed that if his recovery continues at its current pace, he should eventually be able to resume his normal schedule.

However, given his history of chronic lung disease—stemming from the partial removal of one lung in his youth—the Pope remains vulnerable to respiratory complications, particularly in the colder months.

Medical experts revealed that Francis’ condition was initially complicated by a bacterial, viral, and fungal respiratory tract infection, which progressed into pneumonia affecting both lungs.

Blood tests further indicated anaemia, low platelet levels, and early signs of kidney failure, requiring two blood transfusions. At one point, the situation became critical when he suffered a severe coughing fit and accidentally inhaled vomit, leading to respiratory distress.

As a result, he was placed on non-invasive mechanical ventilation and required manual interventions to clear fluid buildup in his lungs.

Despite these setbacks, the Pope remained conscious, alert, and cooperative throughout his treatment. His medical team noted that his sense of humour remained intact, recalling a moment when he was asked about his condition and responded with a smile, saying, “I’m still alive.”

Whilst he continues to experience some difficulty speaking due to the effects of prolonged oxygen therapy, doctors anticipate his voice will gradually return to normal.

Back at the Vatican, Francis will have access to supplemental oxygen and round-the-clock medical supervision. However, Dr Carbone expressed optimism that the Pope would progressively require less assistance.

Sri Lanka and Thailand to hold bilateral talks to strengthen ties

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March 23, Colombo (LNW): The sixth round of Bilateral Political Consultations between Sri Lanka and Thailand is set to take place on March 25, 2025 at the Thai Ministry of Foreign Affairs in Bangkok.

The discussions will be led by Aruni Ranaraja, Secretary of Sri Lanka’s Ministry of Foreign Affairs, Foreign Employment & Tourism, and Eksiri Pintaruchi, Permanent Secretary for Foreign Affairs of Thailand.

This high-level meeting aims to assess the progress made since the last round of consultations, held in Colombo in August 2023, as well as the outcomes of the former Thai Prime Minister’s official visit to Sri Lanka in February 2024.

The consultations are expected to provide a platform to deepen diplomatic ties and expand bilateral cooperation in various strategic sectors.

With 2025 marking the 70th anniversary of diplomatic relations between the two nations, both sides are keen to enhance collaboration in key areas. Discussions will focus on strengthening political engagement, increasing trade and investment opportunities, and promoting partnerships in renewable energy, fisheries, and agriculture.

Defence cooperation and cultural exchanges will also feature prominently, alongside initiatives to boost tourism between the two countries.

Sri Lanka and Thailand have long shared close historical and cultural ties, underpinned by their shared Buddhist heritage and economic partnerships. As both nations navigate evolving global challenges, the upcoming consultations are expected to pave the way for stronger cooperation and new opportunities for mutual development.

SL Embassy in South Korea confirms safety of citizens amid devastating forest fires

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March 23, Colombo (LNW): The Sri Lankan Embassy in South Korea has assured that no Sri Lankan nationals have been affected by the massive forest fires currently sweeping through the southeastern regions of the country.

Officials at the embassy stated that they are closely monitoring the situation to ensure the safety of Sri Lankans residing in the affected areas.

With an estimated 35,000 Sri Lankan migrant workers living in South Korea, concerns arose over their well-being as the fires intensified. However, embassy representatives confirmed that, as of now, there have been no reported casualties or injuries amongst the Sri Lankan community.

Authorities remain vigilant and have advised Sri Lankans in the region to stay informed and adhere to any safety directives issued by local officials.

High temperatures, dry conditions, and strong winds have exacerbated the spread of the fires, prompting large-scale evacuation efforts and urgent warnings from South Korean disaster management agencies.

In light of the ongoing crisis, the Sri Lankan Embassy has urged its citizens to remain cautious and to contact diplomatic officials in case of emergencies.

Sri Lanka aims to position itself among South Asia’s leading frontier markets

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March 23, Colombo (LNW): Sri Lanka has the potential to establish itself as a prime investment destination and join the ranks of South Asia’s leading frontier markets, alongside Pakistan, Bangladesh, and the Maldives, according to Colombo Stock Exchange (CSE) Chief Dilshan Weerasekara.

Speaking to a recent briefing, Weerasekara emphasised the country’s ability to attract foreign investment by showcasing its economic prospects and capital market opportunities.

The remarks were made in the context of announcing the CSE’s upcoming investor forum, ‘Invest Sri Lanka’, which aims to engage global investors and highlight the nation’s evolving financial landscape.

The Colombo Stock Exchange recently marked its 40th anniversary with a special event in Colombo, where its achievements over the past four decades were reviewed.

The gathering also focused on future strategies to enhance market performance and strengthen investor confidence. Discussions covered key policy decisions aimed at bolstering Sri Lanka’s appeal as an investment hub, with an emphasis on regulatory reforms and infrastructure development to facilitate smoother capital inflows.

The ‘Invest Sri Lanka’ forum is expected to play a pivotal role in these efforts, bringing together key stakeholders from the financial and corporate sectors. Central Bank Governor Dr Nandalal Weerasinghe and Deputy Minister of Economic Development and Minister of Labour Prof Anil Jayantha will represent the government at the event.

With Sri Lanka looking to reposition itself in the global financial arena, market analysts suggest that proactive measures, including policy consistency and investor-friendly initiatives, will be essential in driving sustainable economic growth and achieving the country’s ambitions as a key player in the South Asian region.

Ruling Party to introduce bill to reclaim illegally acquired state assets

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March 23, Colombo (LNW): The National People’s Power (NPP) has announced plans to introduce a bill in Parliament aimed at recovering state assets that were unlawfully obtained under past administrations.

The proposed legislation will be formally presented to Parliament on April 08, according to MP Chandana Suriyarachchi.

The bill is designed to facilitate the legal confiscation of wealth, including funds and properties, accumulated through the misuse of state resources.

It seeks to hold individuals accountable for exploiting public assets for personal enrichment, particularly those with political ties to previous governments.

Speaking on the initiative, MP Suriyarachchi stated that the misuse of public resources had been a persistent issue in the country, with influential figures—including political leaders, their associates, and relatives—allegedly converting state-owned properties and funds into private assets.

The proposed law aims to introduce legal mechanisms that will enable the state to recover such wealth and return it to public ownership.

The NPP maintains that the legislation is a crucial step in addressing long-standing public grievances regarding corruption and the mismanagement of national assets.

Emphasising the party’s commitment to accountability, Suriyarachchi stressed that the initiative was not about political showmanship but about delivering justice to the people.

The proposed bill is expected to spark significant debate, particularly as it challenges individuals who have benefited from previous political regimes. However, the NPP asserts that such measures are necessary to restore public trust and ensure that national resources are utilised for the benefit of the country rather than private gain.

GMOA welcomes 2025 Budget as a positive step for medical professionals

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March 23, Colombo (LNW): The Government Medical Officers’ Association (GMOA) has expressed strong approval of the 2025 Budget, highlighting its provisions as a constructive step towards resolving concerns over payments for doctors’ additional responsibilities.

Speaking at a briefing yesterday (22), GMOA Media Spokesperson Dr Chamil Wijesinghe stated that the budgetary measures had addressed a pressing issue that had caused widespread anxiety within the healthcare sector.

In recent weeks, speculation had grown over the possibility of cuts to allowances for medical professionals, fuelling discontent and prompting industrial action from several health trade unions.

The uncertainty over financial incentives for extended duties led to mounting pressure on authorities to provide a clear stance. Medical professionals had been demanding assurances that their additional workload would be fairly compensated, with some groups resorting to strikes as negotiations continued.

The GMOA, which played a key role in these discussions, now views the government’s response as a promising resolution that acknowledges the crucial contributions of healthcare workers.

Whilst the specifics of the budgetary adjustments remain under scrutiny, the GMOA has conveyed cautious optimism that the proposed measures will help maintain stability in the sector.

Several areas to witness further showers: Misty conditions expected during morning (Mar 23)

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March 23, Colombo (LNW): Showers or thundershowers will occur at several places in Western and Sabaragamuwa provinces and in Galle and Matara districts after 2.00 p.m.

Misty conditions can be expected at some places in Western, Sabaragamuwa, Central and Uva provinces and in Galle and Matara districts during the morning.

The general public is kindly requested to take adequate precautions to minimise damages caused by temporary localised strong winds and lightning during thundershowers.

Marine Weather:

Condition of Rain:
Showers or thundershowers will occur at a few places in the sea areas extending from Colombo to Hambantota via Galle. Mainly fair weather will prevail over the other sea areas around the island.
Winds:
Winds will be Easterly or variable and speed will be (20-30) kmph. 
State of Sea:
Sea areas around the island will be slight to moderate. Temporarily strong gusty winds and very rough seas can be expected during thundershowers.