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☕ Afternoon briefing on January 17

The following is a brief review of the day’s events as reported by the Vietnam News Agency.
☕ Afternoon briefing on January 17

Hanoi (VNA) 🦩– The following is a brief review of the day’s events as reported by the Vietnam News Agency.

- Vietnamese Prime Minister Pham Minh Chinh met with Polish President Andrzej Duda at the Presidential Palace in Warsaw on January 16 afternoon (local time) as part of his official visit to the European country.
prime-minister-pham-minh-chinh-meets-with-polish-president-8069.jpg
At the meeting between Vietnamese Prime Minister Pham Minh Chinh (third, left) and Polish President Andrzej Duda (third, right) at the Presidential Palace in Warsaw. (Photo: VNA)

President Duda spoke highly of the official visit of PM Chinh and the high-ranking delegation of the Vietnamese Government as the two countries are celebrating the 75th founding anniversary of diplomatic relations (1950-2025). He believed that the visit to Poland by a Vietnamese PM after many years will create a turning point to further promote the Poland - Vietnam Comprehensive Partnership. The President highly evaluated Vietnam's role in the Asia-Pacific region. Read full story

- Prime Minister Pham Minh Chinh had meetings with executives of leading Polish businesses, including Adamed Pharma and LOT Airlines, in Warsaw on January 17 morning as part of his official visit to Poland.

Talking to Malgorzata Adamkiewicz, President of the Supervisory Board of Adamed Pharma, PM Chinh congratulated the firm on its effective investment in Vietnam, and welcomed its plan to expand investment, which aligns with Vietnam's investment encouragement policy, particularly in high-tech industries to serve healthcare and improve the quality of life for the Vietnamese people. Read full story

- Vietnamese Prime Minister Pham Minh Chinh’s official visit to the Czech Republic from January 18 to 20 will help further reinforce relations between the two countries, while creating opportunities for stronger cooperation across various fields, said Chairwoman of the Czech Republic - Vietnam Parliamentary Friendship Group Petra Quittova in an interview granted to Vietnam News Agency correspondents in Prague.

Quittova, who is also a member of the Chamber of Depities of the European nation, highlighted that the Vietnam - Czech Republic relationship has flourished over the past 75 years, with much potential still to be tapped into. Read full story

- Vietnam has cemented its position as an attractive destination for foreign businesses looking to expand their operations in Southeast Asia, driven by robust growth and expanding infrastructure.

The country's foreign direct investment (FDI) situation showed remarkable resilience in 2024, with total capital reaching 38.23 billion USD, including new registrations, adjustments, and share purchases. While this represents a modest 3% decline from the previous year, Vietnam's performance stands out amid global investment slowdown, securing a place among the world's top 15 developing nations in terms of FDI attraction. Read full story

- The Southern Coastal Economic Zone of Hai Phong has officially come into being, expected to broaden the development space and growth momentum for the northern port city.

The zone establishment decision was announced at a January 16 conference which also saw the presentation of investment registration certificates to 11 projects in local industrial and economic zones./. Read full story

VNA
#Pham Minh Chinh #Andrzej Duda

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A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

🔥 Phu Tho emerges as FDI magnet following mergence

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.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

🦋 Maximum fine of 3,000 USD proposed for violating invoice regulations

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.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

🌳 Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

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.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

😼 Banks accelerate digitalisation, non-cash payments

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.
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