140 Vietnamese firms attend Kunming Export and Import Fair
Vietnam is the main guest at the 24th Kunming Export and Import Fair which is underway in Yunnan province, China, with around 140 Vietnamese firms attending the event.
Yunnan (VNA) – Vietnam is the main guest at the 24th Kunming Export and Import Fair which is underway in Yunnan province, China, with around 140 Vietnamese firms attending the event.
Addressing the opening ceremony of the Fair and the fourth China-South Asia Fair, Deputy Prime Minister Trinh Dinh Dung said Vietnam welcomes and pledges to create optimal conditions for enterprises from China and other South Asian and Southeast Asian countries to invest and operate in Vietnam.
♛ The Deputy PM said the fairs bear an important significance and serve as a bridge to promote trade and investment cooperation between China’s south western region and South and Southeast Asian nations, including Vietnam.
Being one of the six emerging economies with the highest growth rate in 2015 and a market of 92 million people, Vietnam has continuously fostered economic, trade and investment cooperation with China and other regional nations, Dung said.
For his part, Chinese Deputy PM Wang Yang said China is willing to connect with regional nations in developing trade, investment, infrastructure, finances, tourism, transport and environment protection.
The two fairs, co-organised by the Chinese Ministry of Trade and the Yunnan province, attracted 4,000 enterprises from 80 countries and territories in South Asia and Southeast Asia and more than 8,000 booths.
ꦆ Vietnamese enterprises are running 250 booths at the events.
Deputy PM Trinh Dinh Dung was invited by the Chinese Government and Yunnan province’s authorities to visit Yunnan and attend the opening ceremony of the fairs from June 11-13.-VNA
PM Nguyen Xuan Phuc will chair a conference with businesses nationwide on April 29, expected to spread his message that enterprises serve as a momentum for national economic development.
Vietnam pledges to create all possible conditions for investors as their successes are also the country’s, stated Prime Minister Nguyen Xuan Phuc at the 17th Asian Banker Summit in Hanoi on May 11.
Vietnam offers equal treatment and a favourable business climate for all overseas investors in the country, Deputy Prime Minister Trinh Dinh Dung said.
Ministries and sectors, along with local authorities, must promote their roles and coordination to help improve the domestic business environment and enhance national competitiveness.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.