Deputy Prime Minister Vuong Dinh Hue and Chairman and CEO of the Hana financial group Kim Jung Tai (Source: VNA)
Hanoi (VNA) – Deputy PrimeMinister Vuong Dinh Hue has urged the Keb Hana financial group of the Republicof Korea to invest in finance-banking in Vietnam.
Talking to Chairman and CEO ofthe group Kim Jung Tai in Hanoi on January 5, Deputy PM Hue stressed thatVietnam welcomes RoK investors, including Keb Hana, to invest in developing adiverse financial market in the country.
The group can also join therestructuring of banks, Hue said, adding that the Vietnamese Government hasdecided to accelerate the restructuring of the banking-financial systems in2018, which is an opportunity for financial groups such as Keb Hana.
The Deputy PM appreciated thecooperation between Keb Hana and the Bank for Investment and Development of Vietnam(BIDV). He said there is potential for their partnership in Fintech and mobilepayment in Vietnam.
Hue added that Vietnam is also lookingto develop its infrastructure through public-private cooperation forms, andhopes that Keb Hana can make direct or indirect investment in this field.
Hailing the stable andunceasingly improving business environment in Vietnam, Chairman Kim Jung Taisaid his group will invest directly or make investment via funds in infrastructurein the Southeast Asian country.
He also said the group willexpand partnership with Vietnamese financial institutions via Fintechcompanies.
According to Kim Jung Tai, KebHana is helping BIDV develop financial and credit services.-VNA
The Solkiss Company of the Republic of Korea will invest in a solar power project in Thac Ba Lake in Yen Binh district, the northern province of Thai Nguyen, a local official said.
Information related to investment attraction policies of Hau Giang province and opportunities for investors to pour capital into agriculture was introduced to a food firm from the RoK.
The Republic of Korea (RoK)’s Hyundai Engineering and Construction Company (HEC) has won a 320 million USD contract to build facilities at the Long Son Petrochemical Complex.
Leaders of the Mekong Delta province of Soc Trang had a working session on September 6 with representatives of Youngone Corporation from the the Republic of Korea (RoK) on the production and recruitment plan for its garment factory.
The Republic of Korea (RoK)’s Hao Group said it plans to invest in a waste-to-energy plant with a daily capacity of 150 tonnes of rubbish in the northern province of Hung Yen.
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.
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&.