Officials visit a booth at the East-West Economic Corridor’s International Trade, Tourism and Investment Fair – Da Nang on August 3 (Photo: VNA)
Da Nang (VNA) – The East-West Economic Corridor’sInternational Trade, Tourism and Investment Fair – Da Nang kicked off in thecentral city of Vietnam on August 3.
The event, which will last through August 8,features over 350 booths of nearly 200 Vietnamese and foreign businesses.
It showcases various tourism, trade andinvestment products such as electrical, electronic and IT products, processedfood, wood products, home accessories, leather footwear, apparel,pharmaceuticals and cosmetics, along with restaurant and hotel services.
Other activities of the fair include a conferenceto connect suppliers and buyers, a workshop introducing Cambodia’s tourism andtravel tours.
In his opening speech, Deputy Minister ofIndustry and Trade Do Thang Hai said the fair has been held annually over thepast years to introduce development achievements and trade, investment andtourism potential of Vietnam’s central and Central Highlands regions,localities along the East-West Economic Corridor, and countries of the GreaterMekong Subregion.
He expressed his belief that this year’s event,with a diversity of high-quality products, would be an effective platform forenterprises to access consumers, promote trade and seek business partnerships.
It would also help step up trade, investment andtourism ties among central and Central Highlands provinces, and increasetrading activities with neighbouring countries, he added.
The 1,450km-long East-West Economic Corridorlinks the Indian Ocean and the Pacific Ocean. It begins at the Myanmar portcity of Mawlamyine and ends at Da Nang Port of Vietnam. It traverses 13provinces and cities of Myanmar, Thailand, Laos and Vietnam, which are members ofthe Greater Mekong Subregion.–VNA
Construction of Xa Ot bridge at Lao Bao-Densavan international border gate between Vietnam’s central province of Quang Tri and Savannakhet province of Laos kicked off on August 11.
Vietnam has proactively participated in trade and investment cooperation activities in the Greater Mekong Subregion (GMS), which comprises Cambodia, China’s Yunnan and Guangxi provinces, Laos, Myanmar, Thailand and Vietnam, over the past 25 years.
Vietnam has got better connected with other countries in the Greater Mekong Sub-region (GMS) thanks to a wide range of projects on transport infrastructure development conducted within this cooperation framework.
The Government of Thailand on June 13 approved a proposal to build a double-track railway linking Tak and Nakhon Phanom provinces as part of the transport routes under the East-West Economic Corridor.
The central city of Da Nang has officially put into operation the second stage of Tien Sa port after two years of construction, bringing its total capacity to 12 million tonnes of cargo per year.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Officials visit a booth at the East-West Economic Corridor’s International Trade, Tourism and Investment Fair – Da Nang on August 3 (Photo: VNA) 
