30,000 businesses to receive support in international cooperation
The Vietnam Chamber of Commerce and Industry (VCCI) will concentrate on helping 30,000 businesspeople and enterprises with international connectivity and cooperation this year, its Chairman Pham Tan Cong has said.
Hanoi (VNA) – The Vietnam Chamber of Commerce and Industry (VCCI) will concentrate on helping 30,000 businesspeople and enterprises with international connectivity and cooperation this year, its Chairman Pham Tan Cong has said.
Meanwhile, 200,000 others, mainly small-and medium-sized enterprises, businesswomen and entrepreneurs, will receive support to raise their business capacity.
This forms part of efforts to develop a strong contingent of businesspeople in the new period, he said. He added that the VCCI will also work out conventions and rules on business conduct and ethics, which is a new, urgent task as Vietnam moves toward the status of a developed nation by 2045.
Cong emphasised the target of having about 10 businesspeople included in the list of world billionaires, and five in Asia's most powerful businesspeople as voted by prestigious world organisations.
♔ To that end, the VCCI is implementing training programmes for business leaders, along with the Provincial Competitiveness Index (PCI) and the Provincial Green Index (PGI) rankings, contributing to building a favourable, safe and equal investment environment, he said./.
A mechanism that enables large buyers to purchase electricity from renewable energy producers through direct power purchase agreements (DPPA) will help resolve the supply and demand of renewable energy, the Vietnam Chamber of Commerce and Industry (VCCI) has said.
The Vietnam Chamber of Commerce and Industry (VCCI) has proposed increasing the support for research and development (R&D) costs to over 50% for foreign direct investment (FDI) businesses, it said in policy feedback requested by the Ministry of Planning and Investment.
The Vietnam Chamber of Commerce and Industry (VCCI) has proposed a zero-value added tax (VAT) rate to be maintained for exported services, over worries that tax hikes would undermine the competitiveness of Vietnamese providers against foreign rivals.
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.