Binh Phuoc looks to expand investment ties with German firms
The southern province of Binh Phuoc on December 8 held a virtual investment promotion conference to introduce its potential and advantages to more than 70 German enterprises.
Binh Phuoc (VNA) – The southern province of BinhPhuoc on December 8 held a virtual investment promotion conference to introduceits potential and advantages to more than 70 German enterprises.
Speaking at the conference, Vice Chairman of the provincialPeople's Committee Huynh Anh Minh believed that, German firms’ strengths andexperiences combining with Binh Phuoc’s advantages would bring great andpractical benefits for both sides.
Minh emphasised that when investing in Binh Phuoc, notablyits industrial parks such as the Becamex - Binh Phuoc industrial and urbancomplex, German investors will enjoy Vietnam’s highest investment incentives andadditional ones from the province.
The official stated they will have best conditions possibleto implement their projects successfully and grow sustainably.
Binh Phuoc always considers investors’ legitimate interestsand success its own success, he said.
Currently, the province houses 13 industrial parks spanning6,061ha, whose occupancy rate has reached 53.5% so far.
To date, Binh Phuoc has attracted 368 projects from foreigninvestors, with their total investment capital nearing 3.5 billion USD. Germanbusinesses have yet to invest in the province./.
The southern province of Binh Phuoc is calling for investment in 62 projects worth more than 23.5 billion USD until 2030 following a decision signed recently by its chairman.
Binh Phuoc always welcomes and highly values potential of Taiwanese investors, Chairman of the provincial People’s Committee Tran Tue Hien stated at an online conference to promote investment from Taiwan (China) to the southern locality, on September 29.
National Assembly (NA) Chairman Vuong Dinh Hue attended a ceremony on October 1 in the southeastern province of Binh Phuoc to announce the establishment of Chon Thanh town in the province.
The southern province of Binh Phuoc enjoyed a trade surplus of 1.16 billion USD in the first nine months of this year, thanks to its effective implementation of socio-economic recovery and development measures post COVID-19.
The People’s Committee of southern Binh Phuoc province and Becamex IDC Corporation held a teleconference on November 8 to call for investment from Italian enterprises.
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.