Dien Bien province, Korean partners cooperate in different fields
The northern province of Dien Bien have signed memoranda of understanding on cooperation with the Vietnam-Korea Business and Investment Association (VKBIA), the Korea Chamber of Business in Vietnam (Korcham) and businesses from the Republic of Korea (RoK).
Dien Bien (VNA) – The northern province ofDien Bien have signed memoranda of understanding on cooperation with the Vietnam-KoreaBusiness and Investment Association (VKBIA), the Korea Chamber of Business inVietnam (Korcham) and businesses from the Republic of Korea (RoK).
The cooperation documents, inked at a conference in Dien Bien Phu city on March 21, cover technology transfer in ginseng cultivation and processing and agriculturaldevelopment, investment attraction and tourism in Dien Bien.
According to Chairman of the provincial People’sCommittee Le Thanh Do, Dien Bien has favourable conditions for agro-forestryand tourism development. However, the province still lacks projects by biginternational investors in these fields.
Briefing the participants on Dien Bien’s developmentorientations, including the renewable energy development plan, Do called on Korean firms to help the province with the study work and pourlong-term investments there.
Secretary of the provincial Party Committee NguyenVan Thang affirmed that Dien Bien is ready to create favourable conditions forinvestors, especially in agro-forestry and tourism.
Earlier, VKBIA and Korcham made a field-trip to TuanGiao district to study its potential for ginseng growing./.
Nami Solar, a subsidiary of Vietnam’s Nami Energy company, and SK Ecoplant, a member of the Republic of Korea’s conglomerate SK Group, sealed a joint venture deal on January 24 to pump 200 million USD into solar energy development in Vietnam.
The upcoming official visit to the Republic of Korea (RoK) by Foreign Minister Bui Thanh Son is expected to contribute to fostering relations between Vietnam and the RoK, towards a comprehensive strategic cooperative partnership, Vietnamese Ambassador Nguyen Vu Tung has said.
An online event to connect firms of Vietnam and the Republic of Korea (RoK) is taking place as part of activities to mark the 30th founding anniversary of the diplomatic ties between the two countries.
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.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
At the event (Photo: VNA) 
