The Association of Vietnamese Entrepreneurs in Italy (ASSOEVI) and the Italy –Vietnam Chamber of Commerce (CCIV) signed a cooperation agreement in the northern Italian city of Milan on April 8.
Rome (VNA)🌌 – The Association of Vietnamese Entrepreneurs in Italy (ASSOEVI) and the Italy –Vietnam Chamber of Commerce (CCIV) signed a cooperation agreement in the northern Italian city of Milan on April 8.
The deal was inked by ASSOEVI Chairman Pham Van Hong and CCIV representative Fulvio Albano, under which both sides will serve as a bridge for Vietnamese and Italian firms via information update, legal assistance and market survey.
At the signing ceremony, member of the European Parliament (EP) and head of the delegation of the Italian Democratic Party’s parliamentarians at the EP Patrizia Toia said Vietnam is a potential market and an increase in the visits by high-ranking Italian leaders recently reflects the country’s interest in Vietnam.
She also pledged to push joint work with ASEAN in general and Vietnam in particular.
Vietnamese Ambassador to Italy Cao Chinh Thien said Vietnamese and Italian governments identified economic cooperation as a pillar in bilateral ties, and hoped that Italy will offer practical assistance to the two countries’ businesses in the foreseeable future.
Last year, two-way trade between Vietnam and Italy hit 4.3 billion USD. Vietnam is currently Italy’s largest trade partner in ASEAN.-VNA
How to expand export links between Vietnam and the EU, particularly Italy, and improve business management of small- and medium-sized enterprises, were among others discussed at a workshop in Rome.
Vietnamese and Italian inspection officials scrutinised a draft memorandum of understanding (MoU) on anti-corruption cooperation for the signing of the document by 2016 at a recent meeting in Rome.
Investment and trade between Vietnam and Italy haven’t been on par with their potential and demand, the countries’ Joint Committee on Economic Cooperation admitted at its second meeting in Rome.
The Prime Minister has approved the content of a draft cooperation agreement on mutual administrative assistance in customs between the Governments of Vietnam and Italy.
President Truong Tan Sang and his Italian counterpart Sergio Mattarella agreed on a number of measures enhancing the countries’ co-operation during talks in Hanoi on November 6.
President Sergio Mattarella emphasised important roles of businesses, associations and universities in materialising reforms and innovations, and strengthening cooperation between Italy and Vietnam.
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.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
Illustrative image (Source: VNA)
