The Canadian Northstar group, which specialises in providing financial services for small- and medium-sized enterprises, wants to support firms in the southern province of Binh Phuoc.
The Canadian Northstar group, which specialises in providing financial services for SMEs, wants to support firms in the southern province of Binh Phuoc. (Photo: baobinhphuoc.vn)
Binh Phuoc (VNA) – The Canadian Northstar group, which specialises in providing financial services for small- and medium-sized enterprises, wants to suppꦆ🔯ort firms in the southern province of Binh Phuoc.
President and Chief Executive Officer of Northstar Trade Finance Inc, Scott Shepherd, made the remark at a meeting with local authorities last week.
He said the Canadian group has 24 years of experience in the field and it hopes to exchange and cooperate with Vietnamese firms given the two countries are implementing new-generation free trade agreements.
The company will support Vietnamese businesses in importing spare parts and machines from developed countries to serve domestic production, he added.
Vice Secretary of the provincial Party's Committee, Le Van Chau, welcomed the group's investment in Vietnam and particularly in Binh Phuoc, and confirmed that local authorities will create the best conditions for foreign enterprises and investors, including those from Canada, to run business in the province.-VNA
Specialists and relevant agencies of Binh Phuoc province are working to develop geographical indications for local cashew products, ultimately raising the goods’ competitiveness in foreign markets.
The southern region has received 1.7 billion USD worth of foreign direct investment (FDI) in the first quarter of 2016, according to the Ministry of Planning and Investment’s Foreign Investment Agency
A delegation of leading enterprises from Richmond, a coastal city in western Canada, led by Councillor Chak Au, visited HCM City on May 27 to seek cooperation.
Vietnam leads ASEAN members in bilateral trade revenue with Canada, with the figure hitting 928.97 million USD in the first quarter of 2016, up 11.8 percent year-on-year.
The Vietnamese Government always tries to create the most possible favourable conditions for foreign businesses and investors to operate in Vietnam, including those from Canada, a Deputy PM affirmed.
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.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.