Diversifying long-term strategies in supporting businesses to offer high-quality products is among the orientations set out by the Business Association of High Quality Vietnamese Products for the 2024-2028 tenure to promote circular economy.
Vu Kim Hanh, Chairwoman of the Business Association of High Quality Vietnamese Products, speaks at the event. (Photo: congthuong.vn)
HCM City (VNA) – Diversifying long-term strategiesin supporting businesses to offer high-quality products is among theorientations set out by the Business Association of High Quality VietnameseProducts for the 2024-2028 tenure to promote circular economy.
At its third congress on March 1, the associationdecided that it will coordinate with domestic and foreign units to step upactivities to equip farmers, businesses and startups with knowledge about domesticand foreign market standards.
To achieve the set targets, it will build a chain ofindigenous specialty stores nationwide, introducing made-in-Vietnamhigh-quality products, those with geographical indication (GI) certifications,and items under the “One Commune-One Product” programme.
The association will continue its coordination withMekong Delta cities and provinces to roll out effective models and programmes suchas the Mekong Connect Forum to look into issues regarding state policies andthe utilisation of local resources, said its chairwoman Vu Kim Hanh.
Over the past tenure, apart from studying the marketand collecting feedback from consumers to select high-quality Vietnamese products,the association played a role in trade promotion and the communications work,and intellectual property (IP) protection.
༺ The congress elected a 15-member executive board forthe 2024-2028 term, with Hanh re-elected as its chairwoman./.
Digital economy, circular economy and green growth have been opted by many countries, meaning businesses should be prepared for new trends to raise their competitiveness and boost sustainable exports.
Adherence to foreign markets’ sustainability standards and capitalisation of existing free trade agreement will help Vietnam boost overseas shipments to realise its set target of 6% growth in export revenue in 2024, according to the Ministry of Industry and trade (MoIT).
The concept of a circular economy, which remains relatively new in Vietnam, is rapidly gaining strength as a trend, and is also seen as a key measure for the country to innovate sustainable growth paradigms and achieve net-zero emissions by 2050.
The packaging industry, which is projected to expand 15-20% in the next few years, is among sectors posting highest growth rate in the country, experts said at a press conference held in Ho Chi Minh City on February 29 to introduce the 17th International Processing and Packaging Exhibition and Conference for Vietnam (ProPak Vietnam 2024.)
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.
Vu Kim Hanh, Chairwoman of the Business Association of High Quality Vietnamese Products, speaks at the event. (Photo: congthuong.vn) 
