Brussels (VNA) – Belgian businesses got insights into investment opportunitiesin Vietnam when they attended a seminar in Belgium’s Antwerp province on August28.
The seminar took place ahead of a Vietnam visit in November by a delegation of Antwerp’sstartups and firms operating in such spheres as diamond business, fashion,pharmaceuticals, telecommunications and construction in November.
Vietnamese Ambassador to Belgium Vu Anh Quang said Vietnam is an open marketeconomy with total trade value reaching 482 billion USD and combined foreigndirect investment hitting 35 billion USD in 2018. The country welcomed about 16million foreign tourists in the year.
He described the upcoming visit by Antwerp’s enterprises as an importanthighlight within the new framework of the bilateral ties that is theVietnam-Belgium strategic partnership in agriculture and the EU-Vietnam freetrade and investment agreements.
The ambassador suggested the two sides enhance cooperation in trade andinvestment as the EU-Vietnam Free Trade Agreement (EVFTA) was signed, furtherexplaining that the deal is expected to open up great opportunities for tradeand investment ties between Vietnam and the EU once it is ratified by theEuropean Parliament.
Speaking highly of cooperation between Vietnam and Belgium, and Antwerp inparticular, Quang said the Port of Antwerp – the second largest port in the EU– is an important gateway for Vietnamese goods to access Belgium and the EU aswell.
With a coastline of about 3,260km, Vietnam wishes to step up cooperation inseaport logistics and infrastructure, he said.
Antwerp’s Governor Cathy Berx, who will lead the Belgian delegation to Vietnamin November, told the Vietnam News Agency that the Southeast Asian nation has alot of business opportunities.
She lauded the country’s business environment, saying it is time to come toVietnam to explore all opportunities in the country.
Businesses should focus on cooperation in sustainable development, especiallyrenewable energy, she said, suggesting Antwerp’s companies to find suitablecooperation and operation methods to persuade Vietnamese firms to partner withthem.-VNA
Vietnam and Belgium’s Wallonie-Bruxelles region signed cooperation minutes for the 2019-2021 period in Brussels on November 21, covering a total of 25 projects, as part of the 10th meeting of the Vietnam – Wallonie-Bruxelles Joint Committee.
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.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Illustrative image (Source: BBJ) 
