Dutch firms offer suggestions to HCM City to draw investment
Dutch enterprises have suggested Ho Chi Minh City improve its investment environment, develop transport infrastructure and connectivity, hold trade promotion activities, fight climate change and improve its urban living environment.
Chairman of the municipal People’s Committee Phan Van Mai (R) and Dutch Ambassador to Vietnam Kees van Baar. (Photo: VNA)
HCM City (VNA) – Dutch enterprises have suggested Ho Chi Minh City improve its investmentenvironment, develop transport infrastructure and connectivity, hold tradepromotion activities, fight climate change and improve its urban livingenvironment.
🐼 They made thesuggestions during a dialogue with the city’s leaders chaired by Chairman ofthe municipal People’s Committee Phan Van Mai on February 28.
Chairman of theDutch Business Association Vietnam Phuc Nguyen advised the city to accelerate administrative reforms to create favourable conditions for Dutch investors to dobusiness there. Dutch firms alsoproposed the municipal authorities deal with traffic congestion, especially onroads connecting with seaports and nearby cities and provinces; control air andnoise pollution and flooding as well as develop a green and friendlyenvironment. Dutch Ambassador toVietnam Kees van Baar said apart from capacities of dealing with challenges in climatechange, flooding prevention, environment and wastewater treatment, Dutchenterprises have advantages in hi-tech, digital transformation in logistics,transport infrastructure, green and renewable energy. According to the diplomat,the city needs to have sustainable planning schemes to improve living quality andbetter serve citizens. Mai expressed hisbelief that construction of several urban railway routes will be completedbefore 2035. The city will focus on the development of green and circulareconomy, digital transformation and logistics, he said, adding that there remained room forbilateral cooperation in digital transformation. HCM City always welcomes investors and aims to become a hub of economy,services, logistics, digital transformation and innovation, he said, therefore, thecity's leaders always listen to feedback from the business community and are committed totaking practical actions to address any obstacles faced by investors, thuscreating the best possible conditions for Dutch businesses to invest in thecity. Thedialogue took place at a time when Vietnam and the Netherlands are celebratingthe 50th founding anniversary of diplomatic ties. The Netherlands is not onlyan important partner of the city in climate change but also its biggestEuropean trade partner and investor. Last year, two-waytrade between HCM City and the Netherlands hit 1.6 billion USD. The Netherlandsis the fifth biggest investor in the city with 183 projects worth over 5billion USD./.
A Vietnamese delegation led by Lieut. Gen. Nguyen Duy Ngoc, Deputy Minister of Public Security, had a working session in the Netherlands on December 12 with representatives from the National Office for Identity Data, Logius - digital government service, and the Digital Society Department under the Dutch Ministry of the Interior and Kingdom Relations (BZK).
Sharing natural similarities, the two countries have beefed up their sustainable development partnership in sustainable agriculture, water management, and climate change adaptation, said Dutch Ambassador to Vietnam Kees van Baar.
The Dutch Business Association Vietnam (DBAV) and the Netherlands-Vietnam Chamber of Commerce (NVCC) have jointly hosted a get-together in Amsterdam for representatives of Dutch businesses operating in Vietnam and Vietnamese firms investing in the Netherlands.
Vietnam and the Netherlands agreed to promote cooperation in innovation and creative agriculture during a working visit of Minister of Planning and Investment Nguyen Chi Dung to the European country from February 21-23.
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.